$30k grant for flight training

MedicRyan · October 26th, 2006, 18:08

http://webplus.locators.estates.co.uk/apply1.htm

Has anyone ever heard of this? I called the guy that runs this to get an application. He seems pretty credible. He is all over the general aviation websites. He confused the heck out of me when I asked how it worked, but apparently you have to get someone that is over 65 to sponsor you. Aside from flying he owns a mortgage company, that works with institutional investors, that do something with annuities. Anyway, I am supposed to get the application tomorrow, I just wanted to find out if anyone has any experience with this.

Thanks,

Ryan

Jmanuel0926 · October 26th, 2006, 18:37

I read the web site and its sound funny to me, something about the site doesn't seem right. But if you say that you spoke to the guy and it sounds good go for it... please keep me posted.... If its legit then I would go for it too..... good luck.... Have you started any training yet?

tgrayson · October 26th, 2006, 18:43

Quote:

Originally Posted by Jmanuel0926

He confused the heck out of me when I asked how it worked

Classic indication of a con man. Your grandparents may be the target, otherwise there's no reason to involve them. People generally don't give away money. I wouldn't touch it.

MedicRyan · October 26th, 2006, 18:53

Ya, it sounds a little fishy to me, too. My Mother is a court reporter, so I am going to have one her lawyer buddies check it out.

tgrayson · October 26th, 2006, 18:57

Quote:

Originally Posted by MedicRyan

have one her lawyer buddies check it out

Excellent!

I didn't pick up many hits for it when I Googled, so it appears new.

timeoff · October 26th, 2006, 20:42

You say this guy owns a mortgage company? This has got to be the biggest scam I have ever seen. More than likely he is getting your grandparents to either refinance their house, mortgage it or do some sort of reverse mortgage so HE gets their home when they pass.

What a slime ball.

falconvalley · October 26th, 2006, 21:46

Yeah, a grant is when you fill out an application and someone grants you the amount offered. No other transactions take place, whatsoever.

MedicRyan · October 26th, 2006, 22:22

Thanks guys, for helping me make a smart decision.

MusketeerMan · October 26th, 2006, 23:37

Web address is based in the UK...guarantee they will ask for some sort of financial info...and then disappear.

Smells really fishy...

vheissu · October 28th, 2006, 14:02

I actually emailed him and got a package with some applications and information, and had a lawyer friend of mine look over it. He told me to shred it, and said if it was him he would actually make some calls to turn him in to the authorities. I would STAY AWAY. If it sounds to good to be true, it usually is.

MedicRyan · October 28th, 2006, 20:39

Quote:

Originally Posted by vheissu

I actually emailed him and got a package with some applications and information, and had a lawyer friend of mine look over it. He told me to shred it, and said if it was him he would actually make some calls to turn him in to the authorities. I would STAY AWAY. If it sounds to good to be true, it usually is.

Ya, I had my Mom's lawyer buddy check it out and he said the same thing.

TO ALL,

DO NOT, I REPEAT DO NOT, INVEST IN THIS PROGRAM. IT IS A SCAM.

XLR99 · October 30th, 2006, 21:15

Hmmm site's down now....
Hopefully somebody busted him!

MFT1Air · October 31st, 2006, 18:14

Quote:

Originally Posted by XLR99

Hmmm site's down now....
Hopefully somebody busted him!

As much as I'm going to nay say, I'll still maintain an open mind until the final outcome is revealed either in no more money available or in a police report. Majority of the comments I've heard have been stay away, but many have said continue to investigate until the very end. . .as in press for due diligence.

I checked the FAA files and the guy is in fact a pilot located on the east coast. The senior citizen sponsor and his owning a mortgage company hints of the reverse mortgage scam that's prevalent, but I wish to confirm this with fact and not speculation.

Further, having the money set aside anyway will minimize the risk of a senior citizen compromise.

Update - Yes, received the paperwork from the organization. All so far is above board. Spoke at great length with the individual and yes, from the discussion, it is still either a new best kept secret or yes, it could be a possible scam. Given the fact I'm at no obligation to do the paperwork, I'll continue until I see any red flags.

Thoroughly enjoyed the conversation with the gentleman. He too appeared on the phone to be a responsible, professional individual and from other indications, a professional pilot. The words he conveyed to me mimicked much of the professionalism and sound advice I hear from many on this site. I'll continue to proceed cautiously until my "warm and fuzzy" diminishes.

MedicRyan · November 2nd, 2006, 18:57

Quote:

Originally Posted by MFT1Air

As much as I'm going to nay say, I'll still maintain an open mind until the final outcome is revealed either in no more money available or in a police report. Majority of the comments I've heard have been stay away, but many have said continue to investigate until the very end. . .as in press for due diligence.

I checked the FAA files and the guy is in fact a pilot located on the east coast. The senior citizen sponsor and his owning a mortgage company hints of the reverse mortgage scam that's prevalent, but I wish to confirm this with fact and not speculation.

Further, having the money set aside anyway will minimize the risk of a senior citizen compromise.

Update - Yes, received the paperwork from the organization. All so far is above board. Spoke at great length with the individual and yes, from the discussion, it is still either a new best kept secret or yes, it could be a possible scam. Given the fact I'm at no obligation to do the paperwork, I'll continue until I see any red flags.

Thoroughly enjoyed the conversation with the gentleman. He too appeared on the phone to be a responsible, professional individual and from other indications, a professional pilot. The words he conveyed to me mimicked much of the professionalism and sound advice I hear from many on this site. I'll continue to proceed cautiously until my "warm and fuzzy" diminishes.

Let us know how it goes

flyguy969 · November 3rd, 2006, 13:05

Try the Better Business Bureau. Its free and they may be able to let you know if this guy / company is a scam. Be very careful

October 26th, 2006, 18:08	#1
MedicRyan Junior Member Join Date: Aug 2005 Location: Charlotte, NC Posts: 65	$30k grant for flight training http://webplus.locators.estates.co.uk/apply1.htm Has anyone ever heard of this? I called the guy that runs this to get an application. He seems pretty credible. He is all over the general aviation websites. He confused the heck out of me when I asked how it worked, but apparently you have to get someone that is over 65 to sponsor you. Aside from flying he owns a mortgage company, that works with institutional investors, that do something with annuities. Anyway, I am supposed to get the application tomorrow, I just wanted to find out if anyone has any experience with this. Thanks, Ryan

October 26th, 2006, 18:37	#2
Jmanuel0926 Newbie Join Date: Oct 2006 Location: Queens, NY Posts: 18	Re: $30k grant for flight training I read the web site and its sound funny to me, something about the site doesn't seem right. But if you say that you spoke to the guy and it sounds good go for it... please keep me posted.... If its legit then I would go for it too..... good luck.... Have you started any training yet?

October 26th, 2006, 18:53	#4
MedicRyan Junior Member Join Date: Aug 2005 Location: Charlotte, NC Posts: 65	Re: $30k grant for flight training Ya, it sounds a little fishy to me, too. My Mother is a court reporter, so I am going to have one her lawyer buddies check it out.

October 26th, 2006, 20:42	#6
timeoff Junior Member Join Date: Oct 2006 Posts: 68	Re: $30k grant for flight training You say this guy owns a mortgage company? This has got to be the biggest scam I have ever seen. More than likely he is getting your grandparents to either refinance their house, mortgage it or do some sort of reverse mortgage so HE gets their home when they pass. What a slime ball.

October 26th, 2006, 21:46	#7
falconvalley Old Skool Join Date: Jan 2006 Location: KMKE Posts: 1,960	Re: $30k grant for flight training Yeah, a grant is when you fill out an application and someone grants you the amount offered. No other transactions take place, whatsoever. __________________ British Airways flight asks for push back clearance from terminal. Control Tower replies: "And where is the world's most experienced airline going today without filing a flight plan?"

October 26th, 2006, 22:22	#8
MedicRyan Junior Member Join Date: Aug 2005 Location: Charlotte, NC Posts: 65	Re: $30k grant for flight training Thanks guys, for helping me make a smart decision.

October 26th, 2006, 23:37	#9
MusketeerMan Old Skool Join Date: Jun 2006 Location: Elk Grove, CA Posts: 2,044	Re: $30k grant for flight training Web address is based in the UK...guarantee they will ask for some sort of financial info...and then disappear. Smells really fishy... __________________ JBDaP --------------- "The presidency is not something that lends itself to on-the-job training" - Joe Biden on Obama's lack of experience.

October 28th, 2006, 14:02	#10
vheissu Junior Member Join Date: Aug 2006 Location: Henderson, NV Posts: 274	Re: $30k grant for flight training I actually emailed him and got a package with some applications and information, and had a lawyer friend of mine look over it. He told me to shred it, and said if it was him he would actually make some calls to turn him in to the authorities. I would STAY AWAY. If it sounds to good to be true, it usually is.

October 30th, 2006, 21:15	#12
XLR99 Junior Member Join Date: Oct 2004 Location: Medina, OH Posts: 100	Re: $30k grant for flight training Hmmm site's down now.... Hopefully somebody busted him! __________________ Just when you think you're of average intelligence, someone comes along and elevates you to genius.

November 3rd, 2006, 13:05	#15
flyguy969 Junior Member Join Date: Nov 2006 Location: St Pete, FL(KPIE, KSPG) Posts: 269	Re: $30k grant for flight training Try the Better Business Bureau. Its free and they may be able to let you know if this guy / company is a scam. Be very careful __________________ KA-BLAHHHH....FREEDOM!!!!!!!!!!!

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