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BEWARE OF NATIONWIDE FINANCING - JUST ANOTHER SCAM!!!

By Clint Bolton

Real Estate Broker/Owner with RE/MAX Realty Group 18917

November 10, 2008 02:29 AM

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Anonymous

Tom, RE Agent, VA.

I got a buyer referal email almost identical to Clint's email from someone named "Susan Michell" with this same number & ext. yesterday, too. Today, I decided to give her a call and Don Ferguson's voice mail answered, so I got suspicious and hung up. Then I go online to check on google for 818-444-7315, x2028. Sure it is, I found all you guys' comments. I'm glad I checked. Thank you ALL.

Dec 12, 2008 10:34 AM

#11

Anonymous

Here's the newest scam.

This is the latest person that I just got an email from. Thanks for the heads up.

Dear Rich,

I was referred to you as an active real estate agent working with buyers and sellers.

I have some referrals in your area XXXX which I would like to refer.

Can you call me at (818) 444-7315 Ext. 8028 for more information about these clients?

Susan Michell
(818) 444-7315 Ext. 8028

Dec 15, 2008 02:44 AM

#12

Jim Crawford

Maximum One Executive REALTORS® - Atlanta, GA

Jim Crawford Atlanta Best Listing Agents & REALTOR

Thank you for taking the time to share this with all of us. It is really something else about these companies. Have they no shame?

Dec 15, 2008 02:47 AM

Paula Reno

Astro Realty (Buyer Agency) - Cedar Lake, IN

Broker, Owner - Cedar Lake Indiana Realtor, Astro

Hello He has hit Indiana now, He called me yesterday and today. So I decided to do my research and guess what I found you.. Thank you all for the Information. I will not be answering that number again... Happy Holidays everyone

Dec 23, 2008 05:34 AM

Terry Miller

Miller Homes Group - Tyler, TX

Miller Homes Group and Tyler Apartment Locator

What a wonderful post. Bless you and yours this holiday season and have a happy NEW YEAR.

Terry Miller

Dec 25, 2008 12:54 AM

Trent Cluley

Jasper, GA

Now it's "Sabrina Lacey" -- same number and extension . . . 818-444-7315 ext. 8028, Nationwide Finances / Nationwide Financing . . . same story. I just received a template email (in my junk mail folder) from them as others are seeing offering me a lead in my area.

Google the company or the number, check out sites like Ripoff Report . . . you'll find the complaints piling up, including from earlier manifestations of the same scheme.

Jan 14, 2009 09:44 AM

Rich Mielke

REMAX Results, Frederick MD - Frederick, MD

REALTOR, Frederick Maryland Real Estate

I just had an email show up from Sabrina Lacey as well. My spam filter caught it.

Jan 20, 2009 04:51 AM

Anonymous

Patty Hernandez

I got the same e-mail this morning. Here is a copy of it:

Dear Patricia Bradley,

My name is Sabrina Lacey. I am from Nationwide Finances.

I have clients who are looking to sell and buy a home in your area Davenport, unfortunately I cannot help them.

Can I refer these clients to you? Please call me in my office 9am-3pm.

Regards,

Sabrina Lacey
(818) 444-7315 ext. 8028

I'm glad I checked this site. I left everything for the FTC to investigate.

Jan 22, 2009 04:34 AM

#18

Anonymous

Aida, Las Vegas

Do not even think about entering into a contract with this corrupt, dishonest and dreadful company that goes by many names, first as Nationwide Finances on their website: www.nationwidefinancing.net. or Nationwide Financing and Nationwide Financial, both of these names are on the contract I wish I had never signed with them.

For starters I was tricked into believing they were part of Nationwide Financial Services Inc. The leads for Real Estate buyers were in its majority old, people that had already purchased their home months before, and some were even names of other real estate agents. They charged me for an extra month after I sent them the request to stop these charges, I was forced to leave countless messages trying to resolve the situation, they never returned any calls, and when I finally reached the customer service department, their manager (who did not want to identify herself) was rude and said they would not reverse the charges, her childish excuse being that I sent it to the wrong fax number, never mind that it was sent to the fax number shown on the original contract for those purposes. I have organized all my paperwork to prove my case and, unless I get my money back, I intend to take them to court.

Jan 23, 2009 08:46 AM

#19

Anonymous

Valerie Wahl Clearwater Florida

Thanks Clint,

This is the newest:

Dear Valerie Wahl,

I have clients in your area who are looking to purchase and sell their properties.

The Surrounding areas of:
City: Saint Petersburg
State: FL
Zip: 33706

May I refer these clients to you?
If so, please call me (818) 444-7315 Ext. 8028

Peter Taylor
(818) 444-7315 Ext. 8028

Phone #: 727.360-4900

If you would prefer not to receive further messages from this sender,
please click on the following Internet link and confirm your request:
Click here for www link -or-
Click here for e-mail
You will receive one additional e-mail message confirming your removal.

Feb 02, 2009 02:17 AM

#20

Anonymous

Ken

Here is one more for you, my office received a hand written fax that reads;

Dear Realtor,

My name is Marthe Johnson.

I have clients in your area.

May I refer these clients to you?

Martha Johnson

Please call me!

818-444-7315 ext. 8029

I figured it was a scam, but thought I would at least call to be sure. The extension she gave states that the voicemail box is full. Google broght me here. Good luck

Feb 03, 2009 07:46 AM

#21

Anonymous

Rachel Alexander, e-Pro, AHS Lake Tahoe

If they were scam "artists" they would be smart and change their ph number....no art here. Scam idiots.

I have clients in your area who are looking to purchase and sell their properties. The Surrounding areas of: City: Zephyr Cove State: NV Zip: 89448 May I refer these clients to you? If so, please call me (818) 444-7315 Ext. 8028 Peter Taylor (818) 444-7315 Ext. 8028

Feb 06, 2009 03:19 AM

#22

Anonymous

Pat Kelly

Their fax # is 818-444-7362, I plan to fax them a lot a garbage.

Feb 12, 2009 02:19 AM

#23

Anonymous

Frank

This company is a complete rip-off. The latest name used is Amanda Hilton. I echo all the above comments. They now work only via check, and if you send them a check, they'll do unauthorized ETFs. I lost $1,000 on the deal. I assume there are legitimate lead services out there, but this is not one of them.

Mar 19, 2009 02:34 AM

#24

Paula Reno

Astro Realty (Buyer Agency) - Cedar Lake, IN

Broker, Owner - Cedar Lake Indiana Realtor, Astro

Hello Everyone the following article is from our newspaper today. I thought you might want to see..

Munster man among 24 defendants in mortgage fraud sting

By Times Staff and Wire Reports | Thursday, March 26, 2009 | (No comments posted.)

CHICAGO | A 48-year-old Munster man is among 24 people indicted Wednesday in connection with what federal officials describe as a major crackdown on mortgage fraud in the Chicago area.

Attorney James Kotz is charged with mail and wire fraud in connection with the investigation, which was made public Wednesday as federal agents fanned out across the Chicago area to arrest those charged in 10 indictments, nine of which were the product of Operation Madhouse, an undercover investigation conducted by the FBI, the Department of Housing and Urban Development and Office of Inspector General, according to a U.S. Department of Justice news release.

Kotz prepared a power of attorney for a home seller, knowing that the sale of a home in the 4100 block of West 89th Street in Hometown was between people using false identities to defraud lenders, the news release said.

Chicago resident Babajan Khoshabe, 68, and 48-year-old Chicago resident Sunil Kaushal are named as Kotz's co-defendants and each is charged with mail and wire fraud.

According to court records:

Khoshabe, a mortgage broker and the owner of Nationwide Mortgage Co., met with four people -- one of whom was an undercover agent posing as a potential buyer for the Hometown property. Federal authorities said Khoshabe agreed to process a fraudulent mortgage as long as at least six payments were made before the buyer defaulted, which would ensure Khoshabe would not be held accountable. Khoshabe also requested that a sales contract be obtained.

Kaushal, a loan officer at Nationwide, is accused of preparing false employment and rent records that showed the undercover agent living in the 6200 block of S. Spaulding Road in Chicago.

All three men are accused of preparing and submitting a loan application and supporting documentation containing false statements and documents in April 2008 that resulted in Equity Mortgage Corp. lending about $144,000 to the undercover agent.

During Operation Madhouse, undercover agents posed as straw buyers of houses, seeking assistance in financing and closing fraudulent mortgage transactions. In each of the nine cases, multiple real estate professionals worked to carry out the frauds, the news release said.

The nine loans involved in the indictments totaled about $1.4 million.

In the tenth case, which did not result from the undercover investigation, the defendants are alleged to have fraudulently obtained about $4.2 million in loans, causing losses in excess of about $1.1 million.

Mar 26, 2009 01:26 AM

Anonymous

Ruby Ford

I was totally mislead and scammed by Nationwide Financing. I would like to have my money back. How can I proceed with this. This is awful!!! Some must be held accountable!

Apr 15, 2009 08:19 AM

#26

Anonymous

Ruby Ford

I am a new real estate agent from New York and I would appreciate if someone would email me as to how I can get a refund of the fees I paid to NationWide. They also took money from my bank account without my permission. I want them to pay for what they did.

Apr 15, 2009 08:35 AM

#27

Anonymous

Aida

Could you please give Ruby Ford my information?

I've been thinking about taking them to small claims court and try to recoup my losses. Maybe she would like to join in.

Thank you,

Aida

702-523-4060

Apr 15, 2009 09:32 AM

#28

Anonymous

Ruby Ford

Here are the two people who handled my account.

Cathy Campo and Hudson. I did not get the first name of Hudson. I forwarded all communications to my attorney.

Apr 15, 2009 12:47 PM

#29

Anonymous

Ryan

i got ripped by these guys any pending lawsuits I can join I've got all the paperwork to give. Please call or email me with info please please!

541-420-3315

cowleshome@yahoo.com

Sep 22, 2010 11:43 AM

#30