harley410
TUG Member
I know we have all been burnt before with the upfront monies paid and no return on the investment and the government is cracking down on these but I have run into a new scam recently and want to share and warn everyone of this group. When I was called I said I was not interested in anyone asking for money upfront and was told by the two groups working together that the only fee was a 7% commission paid AFTER closing and receiving the funds. Sounds great huh...nope. The group that contacted me is Royal Members out of Reno. They said since it was an international sale and they had a buyer, I had to go through another company called Ryan & Ross Financial Holdings in Savannah, Georgia. After having my lawyer review the contract, I signed and sent in. I then was asked to wire 10% transfer fee to a bank in Mexico....RIGHT. I was also asked to sign a transfer sheet. They stated the transfer fee would be added back to the selling price. I backed out and now they are trying to get the 7% because I cancelled. Just another rip-off company to add to your list.