Westchester Equity Group Internet Scam Detroit, Michigan

call ftc and the bbb told me to call phonebusters. some group that investigates these crimes.

Let's assume for a minute that this is not a scam (it is of course, but for now we will pretend it's real). We ask the loan guy "Is this a scam, I'm asking you right out is this a scam?  Honest guy says "absolutely not".  Scammer say "absolutely not". 

Contract looked good, good scammers have great documents. I am a 419 scambaiter and you would be amazed at how good these guys can be.

A side note to Fly, you should consider the sport of scambaiting, I think you would be good at it.  Nothing like scamming a scammer.

   Your money is not coming back.   You have not been dealing with a loan company, just a couple of scammers with throwaway cell phones.   The contract you have is just something cobbled up on the scammer's computer.

   This is called the Advance Fee Loan Scam and it is one of the more common ones on the Internet.   The first clue that it's a scam is that charging an large, upfront advance fee for a loan is not legal.  That would tell you that your not dealing with an actual lender.  Though you didn't mention it, you probably sent your payment via Western Union or Moneygram.   Scammers insist on this because that's the only way they can get their hands on your cash without leaving a paper trail.    Lastly, 99% of these scams require you to send the payment to another country (usually Canada).  Sound familiar?   They do this to create jurisdictional issues should a law enforcement agency decide to get involved.   By making the transaction international, no U.S. law enforcement agency has jurisdiction in the country where the money was received, meaning they're not going to even look at this.

  For more info on this scam, the FTC has devoted a webpage to the subject :

http://www.ftc.gov/bcp/edu/pubs/consumer/telemarketing/tel16.shtm