Exposed: Shocking Screenwriting Scam Uncovered by Former Academy Awards Director
I lost $10,000 to what I thought was a legitimate loan company. It was a ring of Chinese fraudsters operating out of India. I only learned the truth when the FBI stepped in after my bank account was compromised. When the feds tell you you’ve been scammed, it hits differently. BEWARE that a newer scam involves overseas fraudsters offering to “finance” authors’ projects. The authors must pay a processing fee and, of course, the loan never materializes.
Now, I’m watching someone close to me go through the same nightmare.

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