I was introduced to this Lending company who is showing to be registered under SEC CS[Protected]and since this company is offering a good amount of money, I have decided to borrow 200k payable for 36 months as I was also planning to have the rest of the money added to a startup business that I'm planning to build since I need to have a good savings for my growing family.

I filled out their form and input my BPI bank account to their system. I was even sure that I have the correct information. So the company has finally approved my loan but we were informed that in order to wdraw the money, the borrowr needs to "DEPOSIT" 11% of the Borrowed amount and can also be withrawn along with approved loan. Surely, I was hesitant to do so as 11% of 200k is 22k and is a big amount of money.

I was invited to join into a grop where there were 3 other people borrowing for the same amount. I have decided to gave in since the 1st 2 were able to withraw their money. I was very happy at first as I thought everythings gonna go smooth for me as well. The Finance officer Michelle Gonzales even offered to help me and only asked me to deposit 16k instead of 22k.

However, when it was my time to withdraw the money, it suddenly has an issue on my bank accnt withdraw where the numbers were interchanged and it’s my first time to encounter such issue and I found out that the Bank account # I provided on their system was wrong. Instead of xxx94580xx, the account # is showing xxx95480xx I wasnt sure why as I did copy paste my account # to make sure it was right.

Thus the account got locked up and I was told that in order for me to unlock it and have my bank details updated, I need to deposit an additional 28k, again it's not a payment but a deposit that can still be withdrawn along the 16k deposit (1st deposit) and the loan amount. So although i wasnt sure why the number gt interchanged, I shouldered the blame given the fact that I shud be responsible enough to provide the correct bank details.

The finace was pretty much aware that 16k was my last money (I borrowed it from my manager in the USA. I understand its my fault and shuldnt have trusted any lending asking for an advance deposit.

However, I still trusted them. I was having a hard time to fulfill the 28k given the fact that my salary for Jan 1-15 have been used for bill payments , groceries, kid's needs and the 16, 480 that was still pending to be reversed by instapay.

For the 2nd time she offered a kind assistance and allowed me to process the unlocking of my accnt And only paid 19,900 (where 12k is a friend's money that I borrowed and promised to return asap).

However, to my surprise, after unlocking the account she told me that for them to send me the new OTP or code for the withdrawal, I need to deposit another 48k which is for the code and for the updated contract.

An additional of 48k is too much for me and can no longer have it. I also needed my friend's money back as it's also their budget for the remaining month. I can provide all related documents if needed along with the screenshot of convos made in telegram.Thus I am entitled to get them back. Please, I need ur help to reverse my money as I have transferred money to a Scammer. Im left with nothing for my family and my eldest’s birthday. The total amount they got from me was 35,600 php (16,000 for the advance deposit and 19,900 php to unlock the account)

I have requested them to cancel my account instead and no longer wnt to proceed with the loan but they refused to do so saying that it will be the last payment and promised me the loan 100%. I no longer trust them since the finance officer did not even disclose that there will be additional deposit needed after the unlocking.

Clearly this company claiming to be legit are giant scams/fraudsters. They will take advantage every filipino who are vulnerable at the time of incident.

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