Winthrop Money Management Winthrop funds Approved for a $10000 loan guaranteed within 24 hours st andrew, Nationwide

I applied for a loan and was contacted by Cynthia Swan that I was approved for $10000 guaranteed. So I discussed the terms of the loan with her and my payments were to be $195.68 for 5 years.

After discussing the terms she then informed that due to my credit I would need to secure the loan one of 3 ways.  First with a home or vehicle under 2 years old, second was with my first 3 payments paid in advance totalling $587.04 and that my first payment would then be due in April, third option was to pay $1500 for an insurance policy.

I discussed these options with my husband and we decided to go with the second being the first 3 payments upfront. So I called Cynthia Swan back and advised her of our choice.  She proceeded to give me the information regarding how to send through MoneynGram or Western Union. 

We really didn't have that kind of money because I am the only one working with 2 kids.  So we looked for a way to get the money without borrowing from friends or relatives after debate we decided to sell our wedding bands and my husbands pistol to get it. 

So we went to Walmart and sent the MoneyGram off on 1/11/13 then I called them on Monday 1/14/13 with the confirmation number. Then I was switched from Cynthia to David Perkins.  He told me he was the manager and that he would complete the transaction with me.

So I proceeded with him and he advised me that my funds would be released on Thursday 1/17 but would try to get them to me on 1/16.  I questioned the 24 hrs I was initially told and he said they were backed up because of so many applicants so there was a delay currently.  Then Thursday came and still no funds.

I spoke with him again on 1/17 and he advised me that the financial services was looking at more money for security and I told him I don't have anymore and I would not send them any more even if I had it.  Then today he advised me the funds were released but there was a hold on the funds.

He proceeded to put me on hold then said he would call me back.  When he called me back he proceeded to tell me that the Jamaican government requests a $500 payment due release the funds because of all the money laundering and drug trafficking occuring down there.  At that point I told him to process a refund for my money which he then advised would take up to 30 days and that it would be through a moneygram as well.  I asked why so long if its going through MoneyGram he went on to tell me that they have to put the request in and then the bank that holds the payments has to process it and have their representative do the transfer. 

He said he will contact me with in 20 days with the information for the MoneyGram information once he receives it.  I told him I will be following up with him on this.  I doubt that I will see that money.  At that point we decided to research more and we came across this site with other complaints.  I did do about 3 weeks of research on them in December and found nothing negative that is why we had decided to proceed with it.