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Report: #215452

Complaint Review: Green Tree Capital Group - Boston Massachusetts

  • Submitted:
  • Updated:
  • Reported By: Morrilton Arkansas
  • 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

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I applied online for a personal loan in the amount of $25000.00. Several days later, I was contacted, via telephone, by a man named James Franklin working for Green Tree Capital Group. I was told I was 100% approved for this loan and all I needed to do was send the first six payments up front totalling 1659.78. I sent this money to a Joyce Harding in Jasper, Alberta Canada.

The next day, I received a phone call from Arthur Miles stating that there were discrepencies in my application and my credit file, so another six payments would be required in order for my loan to arrive. I sent this amount as well.

Three hours later, Mr. Miles called saying that the lender had backed out of the agreement, and that Green Tree was filing a lawsuit on them. He found another lender willing to transfer the loan, only this time the loan was for $50000.00. The "CEO" of Green Tree agreed to allot me $2000.00 toward my payments to make up for the trouble I had gone through.

This made me need to send $1200.00 to secure the loan. This money was sent to Kim Strauss in Winnipeg, Manitoba Canada. I sent this amount as well because I really needed this loan to come through.

Mr. Miles later called saying that the lender's insurance group was requiring insurance to be carried on a loan of this size. The insurance amount was $2000.00. They even faxed me a letter of guarantee for this money.

I sent the last $2000.00. I was told that my funds would be released at 5 p.m., 10/9/06. This is the 12th and I still have not received them. I also cannot contact anyone from this company. I have left several messages on their website and telephone.

I now have over $6000.00 of borrowed money to try and pay back, not to mention the issue the money was being borrowed for in the first place. I want some kind of closure to this situation, and I do not want others making the same mistakes I made.

Kimberly
Morrilton, Arkansas
U.S.A.

This report was posted on Ripoff Report on 10/12/2006 02:26 PM and is a permanent record located here: https://www.ripoffreport.com/reports/green-tree-capital-group/boston-massachusetts-02109/green-tree-capital-group-ripoff-im-afraid-i-have-been-scammed-boston-massachusetts-215452. 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:
0Author
4Consumer
0Employee/Owner

#4 Consumer Comment

I was scammed too

AUTHOR: Zina - (U.S.A.)

POSTED: Tuesday, October 17, 2006

I was scammed as well, supposedly I should be seeing my refund tomorrow. Please contact me at (((ROR REDACTED E-MAIL ADDRESS FOR SECUIRTY PURPOSES))) Maybe we can start comparing notes?

I too have a listing under GreenTree as the search criteria.

Thanks!

CLICK here to see why Rip-off Report, as a matter of policy, deleted either a phone number, link or e-mail address from this Report.

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#3 Consumer Comment

I was scammed as well

AUTHOR: Lisa - (U.S.A.)

POSTED: Monday, October 16, 2006

Over $1800.00 I sent. lisabartek@hotmail.com to contact me. Supose to receive my refund October 18th???

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#2 Consumer Comment

You were scammed big time.

AUTHOR: Robert - (U.S.A.)

POSTED: Friday, October 13, 2006

You will probably never find them and you should feel lucky if you don't. They will probably try to talk you out of more money.

No matter how bad your credit may be, if you are ever asked to pay anything upfront to secure a "100% approved" loan, it's a scam.

If you are being asked to Western Union any money particularly out of the country, to a person and not a company, it is definately a scam.

Gather whatever information you have and report them. File reports with the FTC and FBI and search the web for the appropriate Canadian authorities to file a report.

You will probably not get anything in return since they have more than likely moved on to their next victim.

Good luck.

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#1 Consumer Comment

numbers?

AUTHOR: Cheri - (U.S.A.)

POSTED: Thursday, October 12, 2006

can we share phone and fax numbers to see if we can contact them? did everyone send the money to canada? what is our recourse? has anyone gotten their collateral payment back?
i'm broke. i borrowed money and i'm desperate.

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