Investors Group Trust ripoff Winnipeg Manitoba

Someone is using the Investors Group name and the company in Winnipeg and they are not affiliated with the Financial Services Company  Investors Group Financial Services inc.  I've been with the company for 15 years and have never seen or heard of anything like this at our company nor do I think the loan arrangement they are speaking of is even possible at our company.  This is someone using the name Investors Group to perpetual their scam.

I'm sorry this happened to you, and reading your article I saw several "red flag" problems with the whole arrangement (as you described it). I've printed them below hoping they will help others to avoid similar scams.

1) Loans come with contracts and signatures - LOTS of signatures. They are not made over the internet. If you can't meet a lender in person (or their company office) - don't borrow from them.
2) Cash is not collateral against a cash loan (doesn't even make sense). Collateral has to have real value equivalent to the requested loan.
3) NEVER pay any company via Western Union or cash. Both are untraceable. Criminals use these types of payments in fraud - all the time.
4) ANYONE can say they are from any company they can dream up. Contact the company in question and verify the employee - by name, etc.
5) Lenders are generally NOT able to cross international borders. Canadian lenders don't loan to Americans and US lenders don't loan to Canadians. IF you find an exception - be diligent to check everything out first.
5) Google the company name + scam - it's a good way to see what people are saying about them and avoid fraud.

MOST important - scams always target the vulnerable. If you desperately need a loan and have no credit - be extra diligent with any offer that appeals to you.

There is no loan - never was.

TRY THE FEDERAL TRADE COMMISSION WEBSITE FOR INFORMATION ON HOW TO AVOID THESE SCAMS IN THE FIRST PLACE.

you will not get your money back because they were not a legitimate company to begin with..

Investors Group Trust Co. Ltd. is a Canadian federally regulated trust company that has been in business for over 80 years. We are the trustee of registered plans and the issuer of Guaranteed Investment Certificates offered by Investors Group's own personal sales force to Canadian clients. Our Consultants do not sell investments under the name "Investors Group Trust" and we do not prospect for our products and services outside of Canada. We are very disturbed that individuals not associated with our firm are obviously using our corporate name and good reputation to commit fraud. The complaints on this website do not involve our company. We encourage anyone being contacted via email or phone for the purchase of any financial products or services to employ extreme caution, take steps to verify the caller's contact information and credentials, and to verify the reputation and legitimacy of the underlying dealer.

I had to secure a $10,000 loan with $1800, and of course I did.
Has anyone gotten their money back?
Who has everyone contacted in terms of authorities?
Is there ANYTHING we can do about all of this?

my friend is an insurance agent she checked into my homeowners insurance, i was able to file a claim for monetary theft, i was only able to get $200, but at least it was something...

i was also contacted by the boston postal fraud unit....if anyone is interested, i have a phone and fax number. seems i'm one of many he's contacted....he's doubtful anyone will get their money back, but at least someone, somewhere, is doing something about these crooks....
anyone else heard anything?

add a new name to the list of people to look out for it's Damonte Spence and the other phone# not
to call is 1-877-884-1629

add a new name to the list of people to look out for it's Damonte Spence and the other phone# not
to call is 1-877-884-1629

add a new name to the list of people to look out for it's Damonte Spence and the other phone# not
to call is 1-877-884-1629

add a new name to the list of people to look out for it's Damonte Spence and the other phone# not
to call is 1-877-884-1629

cheri... i think you are right. something is wrong with all of this. my goal is to join with who i can to get the most info. i can so we can catch these people and hopefully get our money back.

i too was scammed by a similar group. greentree capital.. did the company that contacted you know the exact amount you were requesting?? what companies did you apply with online?? did you give a social??

i'm beginning to think credit.com has something to do with the upfront collateral scam that's going on... let me know please
cheri

I have been searching this site and these names: (Eric Nelson, David Spencer, Elizabeth Jeffries, Karen Ocklowsky, William Richards)keep coming up on numerous scams. Unfortunately, all of these names were on my supposed loan documents listed as everything from supervisors, Chairman and Chief Executive Officer,Head Accountant of financial Dept, president, etc.

I would like to know how others are persuing this. Has anyone gotten their money back?