Kressler Venture Group ripoff Hingham Massachusetts

My husband and I was in need for some money. So I had been online completing online applications. One day when my husband and I came home from work we had a message on the answering machine stating that I had been approved for a loan of $15,000.00. The gentlemen name was Stephen Smart. I did not return his call but day after day he continue to call.

So finally I returned his call. He was telling me that Kressler Venture Group would be able to help us. My husband was very skeptical of the entire situation. But my requested information from him. Stephen Smart faxed the information to my husband job and we read over it. He sent information about the company for example: what to do, what to expect and where the funding comes from.

My husband did some research on the internet about the company. At that time there were no reports to the better business bureau. So we contacted Stephen and said we agreed to move forward. We asked him what was the next steps. He said we would need to fax the sign documents back agreeing to pay back the loan and then we woould need to moneygram $1100.00 to release the money. From the beginning he continue to tell us that the money was there he just needed to release it he claimed I had been approved since May . He also stated that once he received the money it would take 30 minutes to release this funds. But I would need to give him my bankig account information and the funds would be there immediately.

He said because of our credit that he had found a two gentlemen in Canada that was willing to take the risk on the loan. The gentlemen was called angels. This is the process that they used all the time. But we would need to moneygram the money to the gentlemen. We like dummies did this.

My husband called to see if the moneygram had been picked up and it had. But Stephen would not call us back or answer his phone. Finally he called us on a Saturday 2 days later after receiving the money and said that they needed $700.00 more. We said no and he said he would refund us the money. He would call us in a hour. He did not call us back and would not take our call.

This need to be shut down by the appropriate authorities. Because they have a high class scam. Website, when you call a high class phone system set up.

Yes, we were stupid for trusting this but this scam is very well put together.

We had to close our bank account because they had our information.

Wanda
Elon, North Carolina
U.S.A.