South Atlantic Commerce
Complaint 47131 Details

  • Date Occurred: 11/19/2011
  • Reported Damages: $792.00

The complaint is against an online dating profile

The complaint is a listing fraud posted on public forums or sites against an anonymous entity

The complaint is mobile text spam or smishing related against an anonymous entity

The company or person contact no longer exists

International boundaries

Applied for a $5,000 loan and was approved. Contacted by Todd Wallace. Told me I needed $400 down as collateral and $43 to send it Western Union to Spain (I would get the fee back too). I asked why I was dealing with Spain and he said he got me a great interest rate there. Was told the money would be put into my account within 24 hours. He sent me the contract via e-mail and I faxed it back along with the money to Madrid, Spain to a Adriano Rocha. Didn't get the money he promised, I called several times. A few days later, a Vincent Davis called me and said I needed $300 more because they re-evaluated my credit. So we sent another $300 and a $29 fee this time. Promised and promised my money. Never got it. Never got through on the phone, was either busy, a recording that said "all circuits are busy" even at 3:00 am, or it just didn't get through. Their website changed a few times. Tried to send an e-mail at the same address where I sent the contract, was undeliverable. I borrowed all this money from my daughter. We were hoping for the $5,000 to help with some bills. The money she leant me was supposed to pay for my grand daughter's birthday and christmas, I guess we won't have one now. My car is getting repossessed because of this mess too. Out the $792, the $5,000 I thought I was getting, and a car. I have to repay my daughter even though I am on disability of $735 per month. How do they live with themselves...I pray that I can get our money back along with extra for all this emotional stress.....

Update: 12/23/2011

Original contract $600 down, took $400, then $300 and fees. Car was repossessed yesterday, owe $3,828.84 and out of a car. Owe my daughter over $700. Loan was for car payments. Want to claim money for a car too.

Update: 01/11/2012

FILING FOR THIS AMOUNT: $4,870.84
INCLUDES ORIGINAL $792 SENT TO COMPANY
CAR REPO COST $3828.84 PLUS STORAGE FEE OF $250

SENDING IN PROOF OF WESTERN UNION AND COPY OF REPO LETTER
REASON FOR LOAN WAS TO PAY ON CAR....

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Comments

  • debrar
  • debrar SBID #4c24dce430
  • Posted 12/23/2011
  • This is debrar to add to my complaint. The reason I wanted the loan was to pay a few months on a car my son just financed. He had financial aid, but then he quit school. I was trying to keep the car from getting repossessed, but guess what, they took the car yesterday 12/22/ll. They are charging us $3,828.84. I wanted to add that onto our claimed amount, because this would not have happened if I got the loan, now we are out a car too. Would send you the letter, but I don't know how? Suggestions?
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Business Profile Summary

  • South Atlantic Commerce logo

Company Statistics

  • Complaint Against South Atlantic Commerce
  • Complaints Filed: 22
  • Reported Damages: $43,801.90
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