A reader and tipster (send in your tips here) alerted me to this recent warning posted by the BBB regarding Ameristate United Financial or 99 Monroe Ave, NW, Grand Rapids, MI 49503.
The BBB says:
““Calls and complaints to the regional BBB will at least have the latest information and an“F” report on this never-ending loan scam” claimed BBB president Ken Vander Meeden. “We checked it out ASAP and found that:
- International phone number never answered; only leaved message
- Fax number is a Detroit area line
- Website originates from somewhere in Russia probably.
- 99 Monroe address does not have this company as a tenant per realty company agent
Advanced fee loan scams charge “up front” fees to scam desperate consumers, worse yet they require significant personal identity information which can also be destructive for unaware consumers” Vander Meeden stated.
This has been going on forever, with better technology making the offer look better each year. We have written numerous warnings, alerts, and BBB tips on this subject. Only the names and addresses change so we issue more “red flagged” names for those of you who check things out first.” – Source