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Report: #215614

Complaint Review: Green Tree Capital Group - Boston Massachusetts

  • Submitted:
  • Updated:
  • Reported By: Aurora Colorado
  • Author Confirmed What's this?
  • Why?
  • Green Tree Capital Group 60 State Street Boston, Massachusetts U.S.A.
  • Phone: 800-727-0742
  • Web:
  • Category: Loans

Green Tree Capital Group Investments ripoff Scam Conartist Heartless People Boston Massachusetts

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I applied for a loan online and was contacted back by a company by the name of Green Tree Capital, the mans name was Alan Greeberg on 09-18-06 he stated that I was approved for a loan in the amount of 5,000, which was the amount that I aksed for. He told me the terms of the loan were 36 months, with payments at 150.00 a month, with a 6% interest rate. He also stated that I needed to put a 6 month collateral payment up of 900.00 that would go towards the loan , and I would not have to make the payments for 6 months, I agreed to this, and the Alen Greenburg guy told me to wire the 900.00 to this Cindy Latimer lady located in Canada, by money gram. I did this 09-22-06, the following morning an Arthur Miles contacted me stating that the lender re-evaluated my application and they are requiring a 12 month collateral payment.

At first I did not agree to this I wanted a refund, and Arthur stated that they could not refund the money until 10-18-06, I found this to be outrageous because I had just given them all of my money expecting to get a loan on that following Monday. Being that I had already put myself in a situation where I really could not afford to be out 5,000.00 or 900.00 at that, I went ahead and wired them another 900.00. That Monday I was supposed to get a direct deposit of 5,000.00 and it was not there, I called Arthur Miles, and he stated that the lender had "backed out" and did not want to do the deal, so I said there is no reason for that, and again he stated he could not refund my money until 10-18-06, again I found this to be unaccetable, I had bills due.

At this point I contacted the BBB, and they gave me a number to the division of banks in Boston,MA, I spoke to a gentleman there who advised me that he had actually been to this address (60 State St.) and nobody was there, from that point I knew I had been a victim of a scam.

These type of people are absoluetly heartless, and there has to be a way to track them down. October 18th is coming up very soon so I decided to call just to see what they would say, and now the phone # (1-800-727-0742) is out of order, you can't speak to anyone there is just a voicemail.

In a matter of 2 days I managed to accumulate more that 3,000.00 more dollars in debt, more than I was already in.

It would be nice to see my money refunded and to also be reimbursed for my un-paid bills and troubles. For any and all who read this please be advise that this company is FOUL. If there is anyone that can help in this matter I would really appreciate it.

Markida
Aurora, Colorado
U.S.A.

This report was posted on Ripoff Report on 10/13/2006 01:41 PM and is a permanent record located here: https://www.ripoffreport.com/reports/green-tree-capital-group/boston-massachusetts-02109/green-tree-capital-group-investments-ripoff-scam-conartist-heartless-people-boston-massach-215614. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content

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