M1 Financial - Jerry Smithfield - Richard Skinner Took $2,000 for a loan that never existed. He gave me a loan for $20,000 and said there would be no additional costs. At the last minute he asked for an additional $800 after telling me the day before that he was just waiting for the loan to go through, ripoff. North Tonawanda New York

On August 9, 2005, I went to Western Union and delivered $2,100.00, that I wired to Canada, per request of Jerry Smithfield would had me approved for a $20,000 loan. He said the $2,000 was for an insurance policy in case something would happen to me. The $100 is a western Union fee.

I had to borrow the $2,000 from my brother to do this , so time was of the essence as far of getting the loan. I sign several loan documents approving me for the loan and indicating the money would be in my account within 2-3 business days.

This went on for one month, until one day I was told by the Accounting Manager Richard Skinner (who had constantly lied to me) that the lender they send the loan to filed for BK (Direct Insurance). He said they had placed the loan with another lender, Braun Insurnance, and they had approved me for a loan with no additional costs. He said it would be just a few days before the loan was in my account. This never happened.

As a matter of fact when I called the first week of September, Mr. Smithfield said that they reason why they
never deposited the money was because they needed an additional $800, so if I would sent that, they would deposit the money.

I called him back in shock and told him to forget it and I wanted my $2,100 back to this day I have never seen.

Lisa
Irvine, California
U.S.A.