Roylynn Investments LLC
Complaint 52426 Details

This is a loan application froud of over 1,000 everyone must read.

I had applied to an online loan application around Dec,20. The next day I had a call from a Sandra Smith claiming to be with Roylynn Investments and that I was refered to them. I suspected it was from my online application and didn't ask from who I was refered from. I spent the next two days talking with Sandra back and forth about how much I needed to borrow and how Roylynn lends their money and the terms and cunditions and everything else that come applying for a large loan. Near the end of the secound day she poped the question, she said "you will need to send us a coladerale payment of 3,200", I gasped and said that this becoming to sound like a scam. She quickly reasured me that it is not and that I have all their information and I could always sue them. My asking loan amount was for 70,000. That collateral payment would go towards the first 5 months of payment so I wouldn't have to pay any monthly payment right away. She also stated it is also a sign of good faith to the lender that I am series about the loan and payments to come. I forgot to mention that she asked for two ways I could make a collateral payment; if I owned my house I could give them some kind of lean on it, I rent so I had to do the cash option. By the end of her speech on how I could proceed if they tryed to scam me I said " send me the loan application and I'll see about getting the founds and fill it out". It took Sandra several attempts to send me the application via email. I don't know why! I eventually received it and read it over. After reading it and taking the night to debate with the wife if we should do it. Well, everything was legally in it's right place on the application and looked/sounded vary ligit. If see my share of paper work. But, there was three things that cought my eye, one; I was suppose to have 5 months payed with the collateral payment, it was strayed first payment mast be made in 90 days! Next was the laon money was put in US dollars, I am Canadian, and third was a little close that stated, " if you apply to any other lender at the time of signing/approval of this agreement, this agreement will be canceled and any charges that have a crued must be payed",! Well the next day I called Sandra and told her my issu with this contract, and again she told me that I could sue or report them to the law or even go see them personally at their office, and always in between her speeches she would always say "I have your back, you have nothing to worry about". But I was worried, because I was desperate. My had accrued a 60,000 debit all spread out and when my wife had our daughter after a few months became vary sick and need medical treat might numeruse times a week, she is now 16 months and goes fir treatments twice a week which cost a lot of money, that is why I could not keep up with all the sperit payments on my debit and was desprit for a loan cusalidation. So I then told Sandra let's go for a lower amount. She agreed and my collateral payment was to be 1,220. By the end of the third day she had contacted me after u sent her the signed agreement with all my info and banking for direct dipost and withdrawals to tell me I need to pay that collateral through a Western Union. She gave me the supposid's lenders name and phone number to put on the money order. It was to a Cheryl Williomson in Toronto Ontario. I the message on my phone of Sandra giving me this info she mentions how the money order may ask for a Phone number but not to worry if they don't! But she failed to give me the number. So I called her back and asked her to call me with the number just in case. I purposely did not answer the phone so as she would leave another message. She rambled on about the number and had to repeat it three times. First it was a 725 and then the last two was a 726. After I got the numbers I called them, first one was none existent, and the other a mam answered (message michen) with the name Jeffery Shaw. I left a message stating what was going on and that he needs to contact me ASAP. Jurying all this time with Sandra I was surching on the name Roylynn investments and also Sandra Smith, I found nothing discriminating about her or the company so every time I felt weary about all this and questioned her and she replied with her answers I believed her. The man never got back to me in time and it was now Dec,23 and everything closes for Christmas, so like a foul I sent the money order out. Now Sandra had verified me that it would take 24/48 hours to resive the loan in my account even juring the holidays. So I waited, and waited. Buy Monday I called her office and aske why the loan money was not in my account yet? A man answered with the name Sam, he told my the lender attempted a deposit on the Friday,23 and again on the Monday because it did not procces on Friday do to the holidays. He reassured me it would be in my account soon. I waited until Tuesday late afternoon and then called them. I got no respons. I read Gas meters for a living, I don't make enough to handle things like this so in turn I was to buisy to call them a hoarse them the next day, I had my wife call them and start the battle on why and or what is going on. Another person then spoke with my wife with the name Barbra. She gave my wife the run around for about 4 hours asking my wife to ask me to call my bank and ask them if there is a hold or anything. I called my bank and there was no atemped of any deposit of any kind and that if there was there would be no hold on it and that it would be an almost instantaneous transfer. My wife called them back and told them this and out of no where Barbara stats "the lender is withdrawing because you have applied for another loan". That was it. The war was on. I spoke with Barbra later that night a told her ther is no other application but the one I have with them. She insisted there was and claimed the lender had this info. I said send me the proof. Barbra refused to comply. She said "you need to cancel the applications you have with the other lenders to proceed with us" I told her I have know idea who the other lenders are so I can't cancel anything, I then repeated "send me the information" Barbra then said "I don't have to do anything" I then said "well there is nothing I can do", " I'll just have to cancel with Roylynn then". Barbra then said "the cancelation takes up to 15 day and that I would resive the collateral money back in the mail in a cashers cheque". Wow!!! At one point while Barbra was talking to my Wife, she stated that we could be charge with the insures fee in the application close which would be 1,900 and other charges. She did not mention any thing to me when we spoke at the time of my forced cancelation with them. Now this is the worst part, my daughter has missed two treatments this week and is becoming vary ill, the money I used to cover the collateral charge was her treatment fund! I am such a foul! I have reported this case to the RCMP which is the Canadian FBI. If my daughter dies because of these people I'll will never forgive my self. These types of people are the ones that ruin society and always seem to get away with it. This has to stop. And my daughters death will be the begining of there end.

To any who read this, never under any sercomstans send money to people if you can not go see them directly in person.

Regretfuly. Chris Stewart
Ps. If any one has info on these people help me get back at them or start a class action suit or even just to start a law suit towards the government for damages of personal live and everything there in. We can sue them for not haveing better security for the people.
There is over $445 million in claims. For Gods sake that money could go to the government for better security or anything else that is more deserving, not to cold hatred criminals.

My email is (Personal Information Removed)