So in desperation, you answer an ad offering quick and easy money, for an up-front fee. Thousands have done it and been conned out of their money. The Ontario Ministry of Consumer and Corporate Affairs are investigating about one-hundred such companies.
New ones keep appearing or old ones disguise themselves with new names.
The two investigators Ontario have talked to hundreds of victimized consumers. Some people thought they just got a bad company and contacted another company who was running the same racket, and, lost another upfront fee. Mostly they're people just trying to pay their bills. Market Place decided to see for ourselves just how they do it. A lot of personal information was given, the loan was approved, and the fee paid but no money was ever delivered and the company was rude and abrupt when inquiries were made as to where the money was.