I received a call by Jam Corp Finance Co. Stating that i was approved for a $7,000 loan which didn't catch me off guard because i had been looking for a loan in that amount. I was told that there were 2 ways of going about securing and receiving the funds. Ether to come up with collateral in the amount of the loan, which could be such things as property or a vehicle no less than three years old. Or... Which most go for is what they called a Insurance Deposit... Which they said was to amount to 10% of the loan itself.
I agreed to the Insurance Deposit which amounted to $700. The person i was speaking with went by the name of Peter Marshall. He claimed to be a Loan Representative. He told me that papers would be faxed the next day to me which was a suppose Loan aggrement. Said i would need to sign and fill out all required fields and then fax back. (note: the fax number he gave me to send back the papers was different then the one on the bottom of all the paperwork itself) i sent the papers back and called Peter back to inform that the papers were faxed back to a person he disclosed as Thomas Larson, a Loan Officer.
Peter than advised me that they needed to recieve the Insurance Deposit ($700) befor my loan would be handed over to an individual named Adam Kilzer who would finanlize the loan and put me on a suppose list to have the funds/loan deposited into my account. When i orriginaly agreed to the loan i asked if i could make the payment ($700) useing my Debit Card. Peter Marshall told me yes. When it came down to time to pay it i told peter that i had my debit card ready. Then Peter told me that if i wanted to get the loan within 48 hours i needed to do it via Western Union or Money Gram.
So i sent the money using Western Union to an Individual named Devron Henriques who was locaed in Jamaica in the West Indies Province. Peter gave me that name telling me that he was some sort of treasury person for the bank who would secure the funds i had sent. After that i got a call from Peter telling me that Adam Kilzer would be calling me early the next day to verify the account info in which they were suppose to deposit the a $7,000. I waited tell lunch the next day befor i decided to call Adam. When i called i was told by an unknown individual (female) that Adam Kilzer was out sick and wouldnt be back tell after the weekend.
Monday i called for Adam Kilzer. When i was transfered through to him i was caught off guard... Adam sounded like and had the same grammer as Peter Marshall. I spoke to him and asked about the loan and was told that my loan deposit was moved to wednesday because Jam Corp only does transfers on Wednesday and Fridays. So i said okay and hanged up... I decided to call Peter Marshalls personal line. Guess who picked up? Adam Kilzer. I hung up and then came to realize that something was wrong.
I decided to do as much research as i could and found out that the addressess posted on there web address were bogus... One was a house on a dirt road in some small town in kentucky and the other was in another small town outside Portland Oregan. I Called Jam Corp back to ask about this and they had no answer... They put me on hold and then droped the line... I called back and told them the same thing and asked to speak to Peter Marshall. They Put me on hold and again dropped the line on me... Now every time i call there 1 of 4 numbers (1876-369-1756,1877-550-8712,1876-561-7795,1876-369-1245) and tell them my name they put me on hold and hang up on me...
In the end, I never recieved the loan.
These people go by different names and change the company name several times a year so be cautious. They have been useing the same reciever: Devron Henriques... I am sure that will change soon also.
Www.jamcorpfinanceco.com
I wrote all that i could so you reading this can know how much effort these people put into there scams. I am only mad because of my stupidity in not getting more info on Jam Corp.
It was a very exspensive lesson and i hope only that people will learn from this and not make the same mistakes. Do all your research beforhand.
$700 gone
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