Post by Scambuster on Nov 17, 2009 18:49:43 GMT -5
Consumer Alert:
Aylmer Financial Group
Advance Fee Loan Scam
The Washington State Department of Financial Institutions is warning consumers to verify the license of any lending professional they are considering doing business with to avoid becoming victims of potential scams.
Aylmer Financial Group appears to be conducting an advanced fee loan scam. Consumers should never pay money up front in order to obtain a loan.
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How The Potential Scam Works
“Aylmer Financial Group” claims to offer personal loans to borrowers
Consumers are asked to submit an application containing their personal information, including bank account information
Consumers are told that they are approved for a loan, but that they must submit a down payment via money gram before the loan funds can be deposited into their bank account
In most cases, funds are requested from the consumer to be sent to a person in Canada
Once the payment is made, no loan is provided.
Aylmer Financial Group has claimed to operate from the following location:
1521 Concord Pike, Ste. 304
Wilmington, DE 19803
Aylmer Financial Group does not appear to have a physical presence in Washington State. Aylmer Financial Group has provided the phone number 1-800-963-9161. That number is answered by an automated recording which states: “Thank you. Good bye.” Individuals working with this organization have used the name “Frank Mascini.”
There is no evidence that the company has ever been located at this address. Neither the Washington State Department of Revenue nor the Office of the Secretary of State show that Aylmer Financial Group is authorized to do business in Washington State, and the company is not licensed by the Department of Financial Institutions.
www.dfi.wa.gov/consumers/alerts/aylmer-financial-group.htm
Aylmer Financial Group
Advance Fee Loan Scam
The Washington State Department of Financial Institutions is warning consumers to verify the license of any lending professional they are considering doing business with to avoid becoming victims of potential scams.
Aylmer Financial Group appears to be conducting an advanced fee loan scam. Consumers should never pay money up front in order to obtain a loan.
--------------------------------------------------------------------------------
How The Potential Scam Works
“Aylmer Financial Group” claims to offer personal loans to borrowers
Consumers are asked to submit an application containing their personal information, including bank account information
Consumers are told that they are approved for a loan, but that they must submit a down payment via money gram before the loan funds can be deposited into their bank account
In most cases, funds are requested from the consumer to be sent to a person in Canada
Once the payment is made, no loan is provided.
Aylmer Financial Group has claimed to operate from the following location:
1521 Concord Pike, Ste. 304
Wilmington, DE 19803
Aylmer Financial Group does not appear to have a physical presence in Washington State. Aylmer Financial Group has provided the phone number 1-800-963-9161. That number is answered by an automated recording which states: “Thank you. Good bye.” Individuals working with this organization have used the name “Frank Mascini.”
There is no evidence that the company has ever been located at this address. Neither the Washington State Department of Revenue nor the Office of the Secretary of State show that Aylmer Financial Group is authorized to do business in Washington State, and the company is not licensed by the Department of Financial Institutions.
www.dfi.wa.gov/consumers/alerts/aylmer-financial-group.htm