Loan for $500,000 SCAM
Paid $24,400 for a $500,000 loan which never materialized. Paid this money through numerous cash advances and now I am paying up to 24.99% in Cash Advance fees on numerous credit cards and I am broke because of this. I was expecting a $500,000 loan and use a portion of the loan to payoff credit cards immediately and the rest to get properties bought and sold quickly and then pay back the $500,000 with 3% interest within 1 year. Thomas Kenny had 50 people praising him on Connected Investors and he was also part of privatemoneygoldmine. I spoke with someone who claimed to get a loan from him via text message on the phone and they said they got a $600,000 loan and were very happy. He provided documentation with Wells Fargo and Bank of America letterhead and bank stamps which made the documents look real and had people who claimed to be from banks calling me and asking for my account details. After all the funds were sent, I did not receive my funds. I was told in an email that he will directly hand me a check for $500,000 and showed a scanned in check which looked real. When I went to the address he provided, the address did not exist, then I finally realized I was scammed out of $24,400 wired, plus several hundred in fees to wire the money, plus huge interest fees for cash advances, which makes the total over $30,000 that I was scammed out of.