12 IN YOUR CORNER: guy loses cash in online loan scam

12 IN YOUR CORNER: guy loses cash in online loan scam

RICHMOND, VA (WWBT) – Scammers have assembled an enhanced scheme to take from individuals trying to get crisis money through an organization offering services for a pay day loan.

When you have to deliver cash to borrow cash, it is a bad move. Jacob Coker saw numerous warning flags, he claims, after he had been taken for $420, looking to get a $2,500 cash advance.

This scam hurt numerous victims, including a reputable internet company and a bank.

We swept up with Jacob Coker at his work. Coker made a poor judgement call, he states, when he sent applications for an on-line pay day loan through a number of different organizations. He is uncertain in which the scam originated.

“He said that I happened to be scammed after which he hung through to me personally,” stated Coker. “He said he had been representing Elite money Wire and then he had been telling me personally I happened to be scammed by a worker.”

EliteCashWire is a marketing agency – maybe not really a standard bank.

Individuals are matched with a cash loan loan provider. I had long conversations with owner Victor Daniel, whom claims somebody is impersonating their company. He states he is been victimized 3 x this and reported each one month.

Coker claims it began with a contact verifying he got authorized. Then crooks staged a call – purportedly from their bank – claiming they’d $2,500 prepared for deposit to their account, but some one needed to spend the transfer cost.

Receipts reveal Coker purchased two Green Dot MoneyPak pre-paid cards, $280 to pay for the charge and $140 more to meet a 2nd issue scammers constructed in regards to the loan provider. Læs resten