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Report: #1470157

Complaint Review: SPG CASH ADVANCE /BORUCH WEINSTOCK OWNER - BROOKLYN NEW YORK

  • Submitted:
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  • Reported By: howard — marco island United States
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  • SPG CASH ADVANCE /BORUCH WEINSTOCK OWNER 1221 MCDONALD AVE BROOKLYN, NEW YORK United States

SPG CASH ADVANCE /BORUCH WEINSTOCK OWNER BORIS/ BORUCH LAST NAME WEINSTOCK I HAD A LOAN WITH SPG FUNDING. THEY SENT ME A PHONY SETTLEMENT LETTER AND CHARGED MY ACCOUNT AN EXTRA 30 THOUASAND DOLLARS BROOKLYN NEW YORK

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I HOWARD F WAS CALLED BUY SPG CASH ADVANCE LOCATED 1221 MCDONLD AVE ON OR AROUND FEB 2017 THEY OFFERED ME A LOAN FOR MY BUSINESS. NOT KNOWING ANY BETTER I GAVE THEM ALL MY BANK STATEMENTS AND ACCOUNT INFO. AT THAT TIME THEY APPROVED ME FOR 100.000.00 DOLLAR LOAN. I WAS IN SHOCK WITH THE INTEREST RATE BUT WENT FORWARD ANYWAY. I WAS PAYING FOR IT ON TIME FOR ABOUT 4 MONTHS AND COULD NOT PAY ANYMORE SO THE LOWERD THE PAYMENT TO 1.000.00 PER WEEK. I GOT IT DOWN TO AROUND 74 THOUSAND DOLLARS. THE OWNER BORIS OR BORUCH GAVE ME AN OPTION IF I WANTED TO SETTLE THIS. NOW UNDERSTAND I PAID BACK ABOUT 70K THERE WAS INTEREST ON THE 100K. SO I AGREEDED TO TRY TO GET THE MONEY FROM A FRIEND. THE AMOUNT WE BOTH AGREED ON WAS 35 THOUSAND.HE SENT ME A SETTLEMENT LETTER.

AT THAT POINT I SET UP TO WIRE HIM THE FUNDS. I DID THE WIRE AND HE CALLS SAYING THE WIRE I SENT WAS TO A CLOSED ACCOUNT. HE INFORMED ME THAT IT WOULD TAKE 2 OR 3 DAYS FOR THE MONEY TO GO BACK TO MY ACCOUNT. SO I HOWARD FRANK TRUSTING HIS WORD REWIRED THE 35 THOUSAND AGAIN TO THE SO CALLED CORRECT ACCOUNT. THEN ABOUT A DAY LATER FOUND OUT THE ACCOUNT WAS NEVER CLOSED. HE SCAMED ME FOR 30.000.00 DOLLARS. 

This report was posted on Ripoff Report on 12/24/2018 07:22 AM and is a permanent record located here: https://www.ripoffreport.com/reports/spg-cash-advance-boruch-weinstock-owner/brooklyn-new-york-11230/spg-cash-advance-boruch-weinstock-owner-boris-boruch-last-name-weinstock-i-had-a-loan-w-1470157. 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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