Bank of America Money Transfers Complaint

Bank of America Money transfers department,

International money transfer Money was not available when promised California

On -/-/2016 I received a call from - - -. I spoke to - -. He reported he had an investor whom wanted to purchase my timeshare. I received a welcome letter. He requested a high resolution drivers license picture ID and to sign the letter of intent. He then returned a call and stated the sale would go to the senior escrow manager - -. Both - - - and - - with - - - in - Colorado were very convincing. - - stated I would need to pay closing fees. This fee would be $5100.00. He then explained the buyer would reimbursed the fee. He was very convincing. The wire transfer via an intermediary bank.. This bank was - - -. Next the escrow representative stated - would need to pay - % tax as I allowed family and friends to use this timeshare. even when stating I never received any compensation, - - indicated I would need to be registered as a international investor. This would allow me to sell the property. This time the cost to register as a foreign investor would be $6800.00. Once this was paid the scam continued. When I questioned him


for delayed deposit, uninsured payments, and security reasons by - with the intent to combat - - Money Laundering. When I became desperate he indicated the last step would be for me to take a policy from -. He indicated this would allow the insurance to help bridge communication between the bank and the seller. cost for this was $9300.00. Once I paid this, - - and - - stated the claim would be paid. The issue, this time I needed to pay the deductible. This deductible would be $15000.00. When I began questioning the both neither could provide details to this policy.