Paragon Capital Corporation, 7 Hanover Square, NYC, NY
Complaint 36657 Details

I was applying for a loan through Paragon Capital Corporation. I was told that I was approved and a private lender was funding the loan. I was then told that I had to wire insurance money via Western Union to receive the loan and the money would be in my bank account the following day. I wired the money and as it turns out the money was picked up in Toronto, Canada. I called them back when I did not receive the funds the next day, and they said there was a red flag on several applicants and they would more insurance money in order to get the funds. I refused and they said I would be refunded the initial payment. When I did not receive the refund, I repeatedly called back and eventually the phone number was disconnected. I went as far as calling the address in New York City where the company claimed to be based out of. I was informed that no such company had ever resided within that building, but they had several phone calls inquiring about the same issue. So I was scammed, I even went as far as calling the Canadian authorities and U.S. Attorney General's Office, who were trying to resolve the issue, but to no avail. I spoke with a "Henry" and Jamie Palmer at Paragon.