email list to report this scam.
UCE@FTC.GOV,email@example.com,firstname.lastname@example.org,ScamStory@ConsumersGroup.com,email@example.com, firstname.lastname@example.org,email@example.com,firstname.lastname@example.org,email@example.com,firstname.lastname@example.org,Jennie_C._Remigio@hud.gov, email@example.com
email them all, and demand they are shut down.
The way to get these guys is to get the people who supposedly back them.
Email HUD, and the FBAA, and everyone above and let them know if they associate themselves with this company, their name will be mud as well.
the company says they are in good standing with several
yea, look at them....
Fair Business Association of America - (BBB complaint)
National Association of Independent Paralegals - (FTC complaint)
Para-Link International (FTC complaint)
US Mortgage Lenders, Inc
Wes-State Mortgage, Inc - (complaint scam)
ACFA (American Cash Flow Association) - (complaint scam)
Academy of Legal Investigations
Membership in Good Standing with the following Associations:
Fair Business Association of America
FBAA is located at 11138 W. Arizona Avenue #6, Youngstown, AZ, 85363, phone (877) 875- 3222, web site: www.fbaa.us According to the BBB Serving Phoenix, this company has an unsatisfactory record with the BBB
due to its failure to substantiate or modify advertising claim(s). It has come to that Bureau's attention that this company is soliciting its services to businesses by informing them they have unsatisfactory records with the BBB. The company offers a copy of the unsatisfactory
BBB report to the business; in some cases the report is found to be expired and/or does not contain current information. The BBB requested substantiation from the company regarding their links to other companies. The company has failed to respond to the request.
National Association of Independent Paralegals
(FTC Vs paralink, also called Para-Link International )
Para-Link also does business under the name, The National Association of
FEDERAL TRADE COMMISSION,
PARA-LINK INTERNATIONAL, INC.,
a Florida corporation,
Wes-State Mortgage, Inc
STATE ex rel. v. WES-STATE MORTGAGE, INC.
The Attorney General filed a lawsuit on April 16, 1998, against this Eugene, Oregon-based company for failing to comply with the credit services organizations provisions of the KCPA and for misrepresenting its services. The company entered into a Consent Judgment on March 17, 1999, and agreed to be enjoined from future violations, and pay $968 in restitution to consumers, $3,500 in civil
penalties, and $3,500 in investigative fees.
I can not beleieve tht HUD would back such a SCAM?Is there no government oversight to regulate this?
JMW claimed that I would be working for HUD and reciving checks from the government.
Then I read this....
HUD will only pay a refund to the legal recipient - not to the tracer.
This means tracers must attempt to collect their "fees" AFTER the recipient has received the money from HUD.
I was told when i signed up there was a money back garuntee, if i did not like it for any reason.
The website does not provide conditions to the refund....
After asking for the refund, i was told i had to provide proof of atleast 30 returned letters. I did not recieve 30 returned letters. I am not in control of who throws the letter in the trash, instead of properly returning it to me.
I was asked to wait 90 days for the refund (which i did)
In response, they told me i did not send in 30 returned letters and i would NOT be granted a refund.
THE BBB doesnt seem to think they are legit...
JMW Financial Services contacted a local consumer with an offer to make money by locating former HUD/FHA homeowners who may have funds due them from government backed mortgages that they have paid off. The company is
selling information which is available free through any state�s unclaimed funds office. The BBB suggests using extreme caution when responding to any such offer. While the offer may claim high earnings and short hours with little or no experience, Bureau files nationwide
indicated no evidence of anyone making the promised money. This company has an unsatisfactory record with the BBB.
John Chin, a refund administrator for HUD, said the number of successful tracings by people like Morgan, who enrolled in the program but was unable to locate many of the people on the list she was given, have declined by more than 80 percent.
"They're not going to find many homeowners who are owed refunds," Chin said. "They're probably not going to find anybody because the list is picked over."
HUD officials say if the agency owes someone a refund and can't find the person, their own set of federally sanctioned tracers will eventually do the job for free.
Brian Noyes is a regional director for the U.S. Department of Housing and Urban Development, the federal agency that tracers hired by JMW are supposed to be assisting.
Noyes suspects few tracers succeed, and he's not sure officials at JMW care. "Their genuine interest is how many people will buy this $98 package that they're trying to sell," he said. The company offers a 90-day
money-back guarantee to dissatisfied customers. Wright said 25 percent of those who enroll in the plan and then decide to request a refund receive it.
Officials at the Better Business Bureau said they have compiled a lengthy file of complaints about JMW.
"They have an unsatisfactory record due to a pattern of complaints," said Carrie Morgan, a bureau vice president. "Virtually no people get the money that they're promised in this type of scheme."
also seen here...
HUD 'Tracer' Business? Watch Out!
Tracing doesn't pay and often leads to fraud