CT National Guardsman Under Attack: Victim Of Lending Fraud

By
Real Estate Agent with ReDesign To Sell (TM)

Sgt. Randy Nosall, a Connecticut National Guardsman, has just returned from Afghanistan.  He is an American soldier.  His selfless actions say, "Sleep well tonight...I'm on duty".

He is a victim of fraud.

Sgt. Nosall returned from active duty, in need of surgery, for a broken wrist.  While out of work, he fell behind on his bills.  His credit suffered.

To get back on his financial feet, Sgt. Nosall needed a loan.  He searched the internet.  The company that he decided to use?  The one that promised a substantial loan with a great rate...

City Lending Group

1919 Commerce Drive

Hampton, VA

City Lending Group guaranteed Sgt. Nosall a $30,000 loan at 6%.  BUT...he needed to send $9,000 as collateral for the loan!

Everything looked legitimate...  But, really...how was Sgt. Nosall to know what constitutes as legitimate?  And, the reality is...Sgt. Nosall needed the loan.

He sent his money...  They rejected his loan...  They kept his money...  They don't exist...

Sgt. Nosall will NOT sleep well tonight...

 

When I ran a search on this company, I found only 2 things:

*  The first...  A legitimate company, City Lending Group, LLC located in Williamsburg, VA. 

Please, do not confuse them with their fraudulent doppelganger...they are NOT the same company!  They had this very interesting disclaimer on their home page:

City Lending Group LLC has offices in Seattle, Washington and Williamsburg, VA. We ARE NOT associated in any way with a certain Company also called City Lending Group out of Hampton, VA allegedly located at 1919 Commerce Dr., Hampton, VA. This Company has a similar name and apparently is based out of Canada. They use a Northern Virginia phone number. Apparently, they specialize in "collateralized loans" and are asking for large sums up front to procure the loans. According to some of their clients, they are asking for sums from $900 to $2,000 upfront.

Our Company, City Lending Group LLC does not offer "collateralized loans". We offer typical home loans for purchase and refinance and only require the appraisal fee up front and paid directly to the appraiser.

If you feel you have been defrauded by the Company out of Hampton, VA, call the PHONE BUSTER hotline number 888-495-8501 or the Federal Trade Commission at 877-382-4357. They are currently working on this situation. Our Company, City Lending Group LLC is cooperating with Phonebusters to help find these people.

Our phone number in Williamsburg, VA is 757-220-0065 and the Seattle office if 206-696-7028 if you have any questions.

Mary Andes
City Lending Group L.L.C.
1769 Jamestown Rd., STE #111
Williamsburg, VA 23188
Phone: 757-220-0065
Fax: 757-220-0067
Cell: 757-291-1430
Email: mailto://mary.clg@verizon.net

*  The second item I found was a forum...  You can view the thread here in which a commenter is asking advice on City Lending Group.  He, too, was offered a "collateralized loan" from City Lending Group of Hampton, VA...

 

CT Attorney General, Richard Blumenthal, is warning CT residents about this lending scam that has numerous victims spread across the country.

This warning needs to go out NATIONWIDE.  Spread the word...

 

Lisa Rapose, Realtor®

The Partner Network, LLC
485 Hartford Pike
Dayville, CT 06241
Office:  (860) 779-1939 ext. 263
Fax:  (860) 779-0824
http://mailto:lrapo@askpartner.com

www.northeast-ct-real-estate-com

Comments (14)

Jennifer Monroe
Savvy + Company Real Estate - Charlotte, NC
Real Estate REALTOR®/Broker in Beautiful Charlotte
This is unbelievable! Nice job putting this up my Lisa...
Feb 19, 2008 01:13 AM
Lisa Rapose
ReDesign To Sell (TM) - Woodstock, CT
Thanks My Jen...  Saw it on the evening news...  I was surprised to find so little regarding the scam...  I hope the word gets around...so others are not victims of this...
Feb 19, 2008 01:17 AM
Steven Odierno
Mahwah, NJ
NJ Mortgage & Marketing Professional

Lisa - I can only hope that the perpetrators are punished to the fullest extent of the law of the land that people like Sgt. Nosall make so many sacrifices to defend.  For more on this despicable company, go to www.ripoffreport.comand search for them by name.  Unfortunately, Sgt. Nosall is not the only victim.

Feb 19, 2008 03:06 AM
Inna Hardison
ha media group - Orlando, FL
Wordpress for Real Estate & Design, Print HaMedia Group
How horrible... I so hope they get locked up for life!
Feb 19, 2008 03:52 AM
Sandra Cummings
William Raveis Real Estate - Guilford, CT
Real Estate Agent, Guilford Connecticut
My Lisa - Thank you for posting this...I don't know how I missed it on the news! I had heard nothing about it. I hope the Attorney General will be able to help him.
Feb 19, 2008 04:49 AM
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert
Lisa, it is amazing that organizations like this are able to hide and get away with this garbage for as long as they do.  I hope they catch them and put them in a cell with some big guy named Bubba who wants to show them his affection.
Feb 19, 2008 08:16 AM
Mesa, Arizona Real Estate Mesa Arizona Realtor
Homes Arizona Real Estate LLC - Mesa, AZ
AzLadyInRed

Lisa, great post! Hopefully lots of people will find it and read and be aware of the fraudulent practices of this purported company. So sad that we live in such a wonderful world, and have to deal with these crooks.

Pepper

Feb 19, 2008 09:59 AM
Joey Remondino
RE/MAX Preferred Properties - Vienna, VA
Broker, GRI, E-Pro

That is unfortunate that there are people like that that will steal money, especially from our servicemen.

Feb 19, 2008 12:05 PM
Lisa Rapose
ReDesign To Sell (TM) - Woodstock, CT

George...  Yes!  I'd even provide Bubba with some fancy duds and sweet smellin' cologne!!!

Teri...  Thank you!  It is very sad...  I do hope that word of this scam gets around...

Joey...  Yes, it is unfortunate that it happens to anyone.  The folks that it's likely to happen to are those who can least afford to lose ANY money...

Thank you all for stopping in!

Feb 19, 2008 02:33 PM
Judy Greenberg
Coldwell Banker Long Grove - Buffalo Grove, IL
Coldwell Banker - Buffalo Grove - Long Grove Homes
Lisa,  I hope your blog helps people when they google the company and find out about them.  Great work!
Feb 19, 2008 11:01 PM
Lisa Rapose
ReDesign To Sell (TM) - Woodstock, CT
Judy...  Thanks!  I hope so, too...  I appreciate you stopping in...
Feb 20, 2008 01:56 AM
Jackie Peraza
Perceptions AdverStaging(TM), LLC - Framingham, MA
Home Stager - Framingham, Massachusetts

Lisa - What saddens me most is somehow we're able to "bail out" large for profit corporations for horrendous accounting oversights and errors and yet we cannot step in to "bail out" common citizens that are taken by scammers like these.  Now what's this fellow to do?!

Jackie

Feb 20, 2008 05:32 AM
Lisa Rapose
ReDesign To Sell (TM) - Woodstock, CT

Jackie...  Good point!  Then again, we have folks who don't get adequate medical treatment because they have no health insurance...

I can only hope that he finds some relief...and justice...

Feb 20, 2008 05:37 AM
Jackie Peraza
Perceptions AdverStaging(TM), LLC - Framingham, MA
Home Stager - Framingham, Massachusetts

Lisa- Exactly.  I agree with you, hopefully he'll find relief and justice and hopefully your post will help to protect someone else before they too fall victim.  Thanks for writing it.

Jackie

Feb 20, 2008 06:18 AM

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