Apex Funding Group Apex is a rip-off New York, New York

On October 23, 2011 I was searching the internet for bad credit loans, filled out an application, and was contacted the next day by Apex Funding Group. They faxed me a contract to look over and advised me that they had an overseas lender will to loan me $10,000 but would need 5 months up front for collateral or to secure the loan. I signed the contract faxed it back and was informed to wire the monies to Palma, Spain.

After wiring the money I was advised I could expect to see the money in my checking account the next business day, it did not show. I was then contacted by the senior loan manager who advised me that there was a second evaluation done on my loan and I would have to come up with another 6 months of payments. Got the money and was to wire it again to Palma, Spain but to a different name for the receiver.

Asked many questions of the senior loan manager and he informed me since my credit was so bad that the lender was requesting this and that there would be not further evaluations done on my account and that the money would be in my checking account the next day. Once again the money never showed. So now I am out a total of, include wire fees, almost $2100.

I have filed a report with the BBB but have not heard back from them yet. I am now struggling more than ever to pay my bills and feel like a total fool for letting a scam like this happen to me. I have always thought of myself as a pretty smart person, but when you are desperate I guess you will do anything.

I am filing this report so that no one else has this happen to them, so beware of who you are dealing with when on the internet.