i received a phone call saying a private investor would loan me a bussiness loan if i came up with $930. to pay insurance. i came up with it and sent it through a walmart. then i got another call from another jason saying there was a problem i needed to send another $930. for the insurance. I had to borrow every dime of it and get a title loan for a car to get it. the next day a Gordon Shield called saying the lender backed out and I needed to send more money for a $10, 000 loan I told him no way to send my money back he started yelling at me gettting angry and telling me they had ways to send money back . I could not get my money intill january 10, 2009. I never have received it and have no way of knowing how to get it back or who to contact on this matter. if any knows please let me know because now i have nothing and am farther in the hole and may have to close my bussiness down .

I have experienced the same scam as everyone else listed here. I have spoken with Sally Reynolds and James Hogan from this fake Metro Lending Group. Please contact me if you are working with someone to help with this problem.

I recieved a phone call on 12/01/2008 from Michael Webb at Metro Lending ststing I was approved for a $5000 loan. I had several questions which he answered easily. He stated that due to my past credit situation this would be a secured loan and I would need to send $930.00 to secure my loan. I was very leery and told him I woiuld have to think about it. He was very polite and gave me the company web site to help answer any questions I might have. I went on line and everything seemed legit. I called Michael Webb 2 days later with more questions. He was very friendly and explained that the money I was sending would also be my payments for the first 8 months. I questioned him multiple times about this being some sort of scam because I would have to borrow money from my parents to cover the amount I was sending. He assured ne that once I has sent my deposit the $5000 would be in my account within 1 business day. On Friday 12/12/2008 I sent $930.00 via money gram as instructed to Nicole Ferguson. I called MIchael Webb, as instructed, once this was done, he then congratulated me on my new loan and stated my money would be there by 5:00 pm 12/15/2008 and my loan papers were being sent out that day. I was extremely nervous all weekend. I checked my bank account every hour on Monday and found that no money had been recieved. When I left work I found a message on my cell phone from James Hogan, account supervisor, that there was a problem with my loan and I needed to send more money. I immediately called this James person and was informed that my account had been re processed and I would need to send an additional $930. I became very irrate with this man and demanded my money back. He was horrible to deal with but finally stated my money would be refunded on 01/02/2008. I argued that this was a scam and demanded ny money back immediately. He refused to tell me the name of the lender when I asked and hung up on me. I called 2 more times that evening and argued even more with him, all to no avail. I threatened to call the better business bureau and the attorney general and he just laughed. Well today is 01/01/2008 and there has been no money refunded to me. I attempted to call the company and found that the number was no longer a working number, the fax number has been disconnected and the website no longer exists. I spoke with the people at money gram, they are unable to do anything other then file a compaint of fraud. They suggested I contact my local police a file a report and retry contacting the attorney general of New Jersey. I have done all of this today. Each place was sympathetic but informed me not hold on to any hope of ever seeing my money again. Unfortunately this doesn't help me. And to make matters worse my sister is going through the same thing because I reccommended she call this compaby for a loan too. I hope they can some how be caught and made to refund all the money they have scammed.

applied for a loan and moneygram $1300 dollars to secure loan for $8000 and never got loan nor my $1300 dollars back. my name is theresa patterson 6786105661 how can this be stopped and get my money back.

I received a call from someone by the name of Gordon Shields on December 10, 2008. I did not answer my cell so he left and voicemail stating that I had been approved for a loan in the amount of $5, 000. I returned his call and he provided me with information regarding the loan. He stated that the loan would be for a period of 48 months at an interest rate of 6%. I asked if the loan amount could be increased to $7, 000 and he quickly responded with a yes.

Mr. Shields then informed me that I would have to send funds in the amount of $984.16 in order to secure the loan. He stated that this amount would be for six monthly payments and that I would not have to pay until July 1, 2009. Loan documents were faxed to me and I signed and returned them.

He provided me with Money Gram instructions. I was to send the money to someone by the name of Marissa Speith. It was to go to Brooks, AB Canada. I sent the funds, but when I got back home I started thinking to myself that this was too good to be true. The company website looked legitimated but I was still having some doubts. I call Money Gram and asked that they refund the money transfer to me. They said that it would not be a problem and that they had people that actually lost money this same way.

Beware of Metro Lending Group. I am just lucky that I was able to get the funds before they were picked up by Marissa Speith. Money Gram does not refund once funds have been paid to the receiver.

Their telephone number is 866-427-2541.