Advance Fee Scam
Advance Fee Scams are more common than people realize. Due to the down-turned economy, and the difficult process of obtaining loans and/or approval for loans from traditional financial institutions, business owners who want to start up or increase their business to increase their bottom line may seek other means of funding through private angel investors or through brokers. Not all brokers are legitimate, however, and not all promises for funding are real. Most important is to never to give money upfront as “due diligence fees”, unless funds are established in an escrow account with a set scheduled release date and approved by all parties. If funders are real, typically they do not ask for money upfront.
Advanced Fee Scams are extremely common frauds. Tens of thousands of people are defrauded on an annual basis amounting to billions of dollars stolen. Also, because victims are isolated, it’s extremely difficult to prosecute these scammers because it is so difficult to identify their victims. It’s all about flying under the radar for these guys, and then using the legal system to avoid consequences. These practices must be stopped. Because it happened to her, Ingrid Robinson has taken the initiative to do something about it, stop the fraudsters and work with Congressional leaders to enact new legislation to deter malpractices by unscrupulous brokers and investors.
Ingrid Robinson, together with her coalition investigation team, uncovered massive Fraud Investigations against Remington Financial Group, a self-proclaimed
$1 Billion company, accused of scamming over $26 million from approximately 2,000 domestic and international victims within a short 7 – 8 years. Remington operated for almost 20-years, which amounted to millions during that period of time.
If you are a victim of financial fraud, you may contact Ms. Robinson about organizing consumer protection groups, share your stories with Ingrid on her blog, or to help to determine how to identify advance fee fraud, or recommend next steps of where to report, and what actions need to be taken.
Ingrid will investigate the potential lender by researching all public records available of the company and their principals, determine their sources for funding and investigate past clients and referrals as to their legitimacy and successes. All information gathered will be given to the client retaining Ingrid for the client to determine and decide whether they wish to go forward with the “lender” and the “lender’s terms.”
To invite Ingrid Robinson to speak to your organization, or for more information about fees please contact Ingrid Robinson at: firstname.lastname@example.org