Recently I looked into buying a foreclosed home. The mortgage broker asked if I had looked into any grants to cover down payment or closing costs. Being new to the internet I searched for info.
I came across a website claiming to confirm if I qualified for any grants. The next day I recieved a phone call from a Mike Forbes from Capital Grants Association. He explained that their company would file the paperwork for any grants that I qualify for. He said that if I paid a $299 fee I could use their services for three years.
This Mike Forbes claimed that the company guaranteed I would recieve a grant for at least $5,000 or I would get my $299 back minus a $29.95 fee for the shipping and handling cost to ship my 40 some page application.
Since I was unaware of scams like this and since a legitimate mortgage broker made me aware of grants initially, I gave my financial info. After doing some research I became very suspicious and called this representative back to cancel. I got in touch with him immediately and he assured me that my cancellation was in order.
A couple of weeks later I reviewed my bank statement and sure enough there was a insufficient funds fee due to the company trying to withdraw the funds anyway. I contacted the numbers I had initially as well as the number on the transaction and havent heard anything yet. Now I am worried that they will continue to make attempts to withdraw the money having read the other report on this site.
0 comments