Hush Group Holdings, Scam or Legit?

[Bob Yon]

I've been investing in NC for several years and occasionally do some wholesale deals. My daughter just recently got her NC RE license. She was contacted by someone, Kevin, who claims to be working with a hedge fund (Hush Group Holdings) and the fund wants to buy several properties in this area.

This person wants daughter to provide a list of buyers who are currently unable to get a bank loan due to credit issues. (I have a pretty good size list of buyers who would like to buy rent-to-own or owner financed properties.) Kevin will then charge them $250 to begin a credit repair process which of course includes them providing all their financial information.

The buyer, with Daughter's help, is to find a home they want to live in. Kevin and the fund will buy the home and lease it to the buyer until their credit has been sufficiently repaired that they can then buy the house from the fund.

This almost seems to fall into the too good to be true pile.

How can we ensure that we are not getting involved in some scam that is just there to collects folks' $250 and financial information?

Does this sound legit or should we run screaming from the room?

Thanks,
Bob

[Account Closed]

@Bob Yon,

Ask them for their business address and you need at least three references.

Joe Gore