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  • Report:  #1509799

Complaint Review: William Rargnar - Norwalk California

Reported By:
Tim - Houston, United States
Submitted:
Updated:

William Rargnar
Norwalk, California, United States
Phone:
978-820-0307
Web:
N/A
Categories:
Tell us has your experience with this business or person been good? What's this?

William Rargnar posed as a private lender on Linkedin. I contacted him seeking a $26 million loan for my startup venture. Rargnar agreed to provide the needed loan if I paid a prefunding $1,700 COT fee. He provided references which I checked. I paid the fee and, next day, Thursday, July 1, Rargnar allegedly wire transferred loan proceeds from a domestic bank. I estimated three working days for the funds to arrive in my bank account.

Monday, July 5, Rargnar sent an urgent email which told me the bank was 99% complete with the transfer and required I, the recipient, must pay a $5,200 account activation fee to complete transfer of my loan. I balked. Rargnar refused to honor his promise to provide loan when I paid his front fee or to return my fee payment. For anyone considering paying William Rargnar a front fee to obtain a loan, do not.



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