SCAM ALERT- "Private Lender"- Wire Loan Fees First Then I'll Fund

[Logan Hassinger]

There is someone out there using my name (although they are using my last name as their first name and my first name as their last name) to lure other real estate investors in to thinking this person will fund whatever they need funding for.

My name is Logan Hassinger and while I am considered a lender, I'm a note investor.  I do NOT lend to anyone other than the notes I buy.

This individual is going by the name Hassinger Logan (very original if you ask me) and is using my photo to pretend to be me.   This person's sole goal is to get you to wire funds to them as points for the loan (points are just upfront fees for borrowing) and then you will never hear from them again.

I've attached the photo they are using of me for reference. I'm sure they are also going under other alias's as well so be careful out there. The only HML lender you should be contacting are the ones that are well known and have references. Rarely will you ever be charged points up front BEFORE getting the necessary funds you're looking for.

Feel free to reach out if you have additional information on this person.

[Jeff S.]

Welcome to the club, @Logan Hassinger. We’re having a similar issue.

In our case, someone created a website with our company name and answers the phone using my exact name. I wrote about it here:   Private Lending Direct LLC is a Scam and I own the Company

There are a lot of scammers using fake websites and soliciting borrowers using the identity of real lenders. Since the information for most loans, licenses, and LLC's is in the public records, this is an incredibly easy scam to pull off -- and difficult to combat.

BP has great SEO so posting here will show up high if someone does a search on you. There are some other things you can do but these are best addressed privately.