The fake site claims to be Trusted Loan Corps.
Complaint posted online by one of the victims in November 2017:
Trusted Loan Corps
1652 West Texas Street
Web: http: // trustedloancorps.com/
Category: Mortgage Companies
Loan officer Guillermo Munoz over a 6-week period kept needing money from me to fund this loan including points. When loan was not funded he refused to refund any funds, including points, or give me a copy of work that had been done, an invoice, or a copy of the appraisal. He just cut off said he would not refund any money and cut off all communication. A claim has been filed with the California Department of Business oversight.
+18582409730 - Non-Fixed VoIP
, Level 3 Telecom Of California, Lp - Ca
From the fake site:
Trusted Loan Corps is a direct Fairfield, CA based Hard Money/Private Money Lender on Residential, Commercial and Industrial properties that provide fast, flexible, asset-based lending for borrowers, corporations, and estates that do not meet the requirements of a conventional lender.
Our excellent reputation as a Hard Money/Private Money Lender has been built on our ability to provide fast financing solutions for borrowers who have come across financial challenges, and are in need of fast, creative financing solutions. As a direct Hard Money / Private Money Lender, we are able to provide a fast decision so we can close loans quickly.
As an equity-based lender, Trusted Loan Corps approves loan applications based on the property’s equity and borrower’s ability to repay the loan.
If you have bad credit, are in foreclosure, filed a bankruptcy, just need the money quick, we may be able to assist you regardless of the circumstances.
As a regulation under the Truth in Lending Act, Trust Loan Corps will not issue final loan documents without having funds in place. Along with signed disclosures, the following items must be submitted to escrow:
Evidence of property insurance.
Mortgage statements or coupons on all loans against the property.
All information related to judgments any other liens against the property.
A copy of the Broker’s License from the referring agent.
Office Located at 1652 West Texas Street, Fairfield, CA 94533
For the fake site details: https://db.aa419.org/fakebanksview.php?key=131502
This is what the fake site looks like: