Dealton Financial Services fraudulently ask for insurance coverage money that they claim is returnable if loan is not accepted. Ripoff! New York, New York

Upon applying for a person loan thru Dealton Financil services, I was contacted by Corey Newman. (An employee at Dealton)He stated I was approved for a $5,000.00 loan. All he needed was a security deposit which was presented as smart coverage insurance brokers western unioned to a Ivan Cole who resides in Torronto, Ontario. Corey Newman told me this was the lender who would deposit the loan I was approved for in my bank account. It was to take 24 to 48 hrs.

After the 48hrs was up and the money was still not transfered into my account I called Corey Newman back to see what was wrong. Corey stated that, The lender needed more money sent to him that he thought my credit was just to bad to lend me the 5,000 without more money down. I was angry, but at that point I just wanted the 744.26 back I western unioned to the lender. Corey said that per the agreement, I had to wait 60 days for the return of the money. I asked to speak with a supervisor and Corey stated he would speak with his boss and get back to me on an earlier return of my money.

I called daily only to be put off...another month by Corey lying to me about the return of my money federal express. Corey said the Federal Express agent would have a return envelope for me by October 15th 2004.. It was only to get me off his back. On October 15th i calloed agagin to report that Fed. Ex. never came with my money and this was to lead me into many months of hang up's and being sent to a voice mail. I e-mailed the company's consumer Relations group and recieved no response. I did manage to get thru to another employee by the name of Lucy Gongazelas.

She stated that she was going over to Corey Newman's office and confront him with this information and get my money back to me. 6 months later.. nothing. Now when i try to call the line does not even ring it says 5 and then disconnects. Please when it dought, trust your instincts. I used a savings i had for my daughter only to think i would be returning it right back after i recieved this loan. It still has not happened. All ripoff artists should be condemned from further scams.

Amy jo
wernersville, Pennsylvania
U.S.A.