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Updated over 6 years ago on . Most recent reply
Do private lenders request you to send money to Walmart?
I am dealing with a private lender and I wired the initial security fee to him. The account manager did not bring the paperwork we signed to transfer the funds which caused a fee of $6000. So they want me to send the money to Walmart. Is this a good deal or a scammer.
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Steve Vaughan
#1 Personal Finance Contributor
#1 Personal Finance Contributor
- Rental Property Investor
- East Wenatchee, WA
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Steve Vaughan#1 Personal Finance Contributor
#1 Personal Finance Contributor
- Rental Property Investor
- East Wenatchee, WA
Money gram is short for rip-off gram. Any funds requested thru Wal-Mart or CVS are scams. Same goes for western union.
Legitimate lenders, sellers, wholesalers, etc use title companies or closing attorneys.