Report: #1364225

Complaint Review: Renee Travis

  • Submitted: Mon, March 27, 2017
  • Updated: Mon, April 10, 2017
  • Reported By: Rick — California USA
  • Renee Travis

    Internet
    USA

MONEY LENDING SCAM led by RENEE TRAVIS / FinReady money lending scam, loan origination fees, private money lender, liar, scam artist north carolina, san francisco Internet

*Author of original report: Special place in HELL for SCAMMERS

*REBUTTAL Individual responds: Scammers will use your name

*Author of original report: Renee Lied about Returning Origination Fee

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On March 6th 2017 our company was contacted by Renee Travis via LinkedIn Message. The message read: "I am a private lender.Are you in need of a loan for your business or you know someone who needs a loan? Then contact me now as I have funds available to lend.How much do you need and when do you want to pay back? Reply to my email reneeshevy@gmail.com

We asked if she provided loans where the interest was paid by income received from rental properties. She replied "Yes. Send an email to my email address now so I can send the terms of the loan to you over there. reneeshevy@gmail.com".  

10 days later (March 16th 2017) we wrote to her email: "Hi Renee. [continued below]....

..... I am following up on a conversation we had on LinkedIN about possibly doing a loan through you. Can you please send me a term sheet. Thanks Renee. Rick" 

Renee replied:

My offer is guaranteed in the sense that you will definitely get the loan as soon as you follow the loan procedures correctly.

1. Required Age: The borrower must be above 18 years of age and any age below 18 would be disallowed from this loan offer.

2.Loan Interest rate: All loans are charged with 3% interest rate..

3. Applicant will keep to our loan terms and condition and that this loan will not be use for mass destruction, drug traffics or any otherthing contrary to the law.

4. Applicant who is unable to meet with the repayment will be given 3 weeks more as a grace period before legal actions will be taken.

5. Failure to pay back the loan at this expected date/period, legal actions will be taken against the applicant by our attorney immediately.

6. The loan must be insured: The insuring of the loan will be done by the lender who is giving out the loan,which is 5% of the loan. Therefore the lender will be responsible for the insurance fee.

7. The loan agreement fee: The borrower must be responsible for the loan agreement fee of $2,000,which needs to sign before funds are transfered to his account he will provide on the signed agreement.

8. We don't deduct from the loan we are giving to our applicants, it is against our policy.

9. The borrower will start paying the monthly loan installment after 14 months of receiving the loan.

If you are okay with the above then reply now so I can send you the loan form to fill now for us to proceed.

She sent the loan form, which we completed and returned back to her. She send an email stating: 

Details received.You can now proceed with the transfer of the loan contract fee ($2,000) for us to proceed.You are to send the copy of payment to me as evidence of payment and for documentation. Below is the account details.

 
Name of bank:Bank ofAmerica
Account type:Core Checking
Account number:325083882072
Routine number:121000358
Name of Account: Fanny A Valencia
 
We asked for her references first and she sent three: 
 
You can contact Mr Smith Haar on smithhaar@gmail.com whom I lend $800,000 to and he is paying back currently. You can also contact Mr Guy on guylangford2@gmail.com whom I lend $1million to,you can also contact Mr Billy on billygreycoltd@gmail.com whom I lend $450,000 to.
 
We contacted her references who all agreed to have done business with her. I know now that they were fake. 
 
On March 17th Renee wrote that the funds would take 2-3 days to transfer into our account and that there was no prepayment penalty.  She offered 3% interest in a $500,000.00 loan with a $2,000.00 loan origination fee, 14 months deferred interest and no prepayment penalty.  After an exhaustive internet search I found no "RipOff Reports" and 1 entry on Scamwarners.com that seemed inconclusive: https://www.scamwarners.com/forum/viewtopic.php?f=35&t=127868 We also looked up the FinReady website http://www.finready.com/wp/ and LinkedIn pagehttps://www.linkedin.com/company-beta/10022114/?pathWildcard=10022114 which all seemed pretty legit. I have heard of many foreign nationals moving money into US Real Estate. 
 
On March 22nd we paid the $2,000.00 loan origination fee into the Bank of America account provided. Even Bank of America said it was a legitimate account.  That afternoon Renee sent us a loan agreement contract. We signed the contract and agreed to receive funds by Friday March 24th.  The afternoon of Friday March 24th we wrote "What time today can I expect the loan to be transferred" To which she wrote:
 
"It will be done tomorrow, am on the rest of the process right now". "Monday I mean to say" 
 
I sent her a thumbs up and on Monday the 27th at 6:02am pacific I sent her an email "Good Morning Renee. Thank you again for helping me with the loan. What time today do you expect the xfer will be made? To which she replied: 
 
"Will be doing it later this morning, I will let you know"
 
At 8:16 she wrote "Good morning, The loan will get to you by Wednesday morning but you have to pay $2,500 today to complete the process for the funds to hit your account by Wednesday morning. 
 
I wrote: "What? That was not the deal. She went on to request an additional $2,500.00. I reminded her that our deal was a $2,000.00 origination fee for the loan which was to be delivered in 2-3 days.  She maintained her request for more money with no guarantee that she could or would deliver the loan.  When I requested my loan origination fee back she got nasty and claimed it was my fault because I didn't want to pay her anymore money.  
 
I asked her several times to deliver on her loan as promised or I would consider her a fraud and a scammer.  She said "You really do not need the loan because if the loan was important to you the way you sa it, you won't go the way you are going right now rather you would concentrate on how to get the loan which is by paying the $2,500. 
 
I threatened to report her to the cyber crimes division of the FBI if she didn't either return my $2000 or fund the loan.  She deleted her LinkedIN page and hasn't responded since. 
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This report was posted on Ripoff Report on 03/27/2017 11:07 AM and is a permanent record located here: http://www.ripoffreport.com/reports/renee-travis/internet/money-lending-scam-led-by-renee-travis-finready-money-lending-scam-loan-origination-f-1364225. 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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REBUTTALS & REPLIES:
2Author
0Consumer
1Employee/Owner

#1 Author of original report

Special place in HELL for SCAMMERS

AUTHOR: - ()

To the real Renee Travis. I am so sorry this is happening to you. Hopefully the FBI will track down the fake Renee Travis and arrest her. Sometimes, the wrong people will teach us the right lessons.

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#2 REBUTTAL Individual responds

Scammers will use your name

AUTHOR: Renee - (USA)

 I am the one that they are using in reference to this scam. The person's name is not Renee Travis nor is there a loan company. They scammed me and then began to use my name to scam others and they will do the same to you. Unfortunately I was stupid and also fell for the nonsense.

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#3 Author of original report

Renee Lied about Returning Origination Fee

AUTHOR: - ()

After Renees money lending scam was exposed she agreed to return the loan origination fees we paid her. She claimed the fees would be returned in 3 business days. We waited 3 business days only to find out she changed her email address and told her LinkedIN connections it was because her email was "hacked". This person is a professional con artist.  

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