tag:blogger.com,1999:blog-6178547344217818498.post6524789619745577026..comments2023-11-26T16:59:51.483-08:00Comments on Prosper Lending Review: A Prosper scam: The story of Jessica WolcottUnknownnoreply@blogger.comBlogger28125tag:blogger.com,1999:blog-6178547344217818498.post-34969501961422742912013-10-16T11:40:52.865-07:002013-10-16T11:40:52.865-07:00she is still at it im sure she just goes under a d...she is still at it im sure she just goes under a different name now.she goes under jessica michelle she is a sick personAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-6178547344217818498.post-11318980701695314492011-05-26T23:27:24.651-07:002011-05-26T23:27:24.651-07:00Interesting story, thanks for the post. There are ...Interesting story, thanks for the post. There are lots of scammers out there. Watch out who you lend to!Aleksey Kulichenkohttp://alekseykulichenko.wordpress.comnoreply@blogger.comtag:blogger.com,1999:blog-6178547344217818498.post-45764504557260573382009-06-10T11:35:32.404-07:002009-06-10T11:35:32.404-07:00To add a final bizarre twist, the Mom's loan w...To add a final bizarre twist, the Mom's loan was just PAID IN FULL. Wow.Unknownhttps://www.blogger.com/profile/09030209972006533196noreply@blogger.comtag:blogger.com,1999:blog-6178547344217818498.post-50305949369630102152009-01-26T13:11:00.000-08:002009-01-26T13:11:00.000-08:00Wow, this chick is almost twin-like to my exgirlfr...Wow, this chick is almost twin-like to my exgirlfriend, in many ways. Jenna slept around and lied to get whatever she could and used people until the tap went dry just like this girl.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6178547344217818498.post-81919282924014645552008-10-08T09:30:00.000-07:002008-10-08T09:30:00.000-07:00The old Saying goes the apple doesn't fall far fro...The old Saying goes the apple doesn't fall far from the tree. Her Mother is getting a divocre, and she took him for everything he had. Debbie has worked one tax season during the marriage, and she ended up getting everything and than some. Not sure how either of them can sleep at night.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6178547344217818498.post-14428174924851141002008-03-14T11:55:00.000-07:002008-03-14T11:55:00.000-07:00She should have focused on NY politicians instead ...She should have focused on NY politicians instead of corporate execs.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6178547344217818498.post-72831192273601008772008-03-05T08:58:00.000-08:002008-03-05T08:58:00.000-08:00Judith - you won't be able to do that easily. The...Judith - you won't be able to do that easily. They were deleted. You can still find a copy of the former forums at prosperreport.com.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6178547344217818498.post-38857908827452799862008-03-05T08:36:00.000-08:002008-03-05T08:36:00.000-08:00This story is amazing and compells me to start rea...This story is amazing and compells me to start reading the forums!Judith Lautnerhttps://www.blogger.com/profile/14318642708071727398noreply@blogger.comtag:blogger.com,1999:blog-6178547344217818498.post-7940742240524181602008-02-10T06:40:00.000-08:002008-02-10T06:40:00.000-08:00February 6, 2008 -- A sultry grifter waiting to st...February 6, 2008 -- A sultry grifter waiting to start a 21-month prison term for trying to blackmail a Pepsi exec over his online dating has been busted for violating her bail yet again.<BR/><BR/>Jessica Wolcott, 23, was stopped last Thursday in upstate Lisle by State Police for an expired inspection sticker on her Nissan. The trooper discovered that her driver's license was suspended for prior traffic tickets.<BR/><BR/>During a search of the car, the trooper found $9,900 in cash in a plastic bag, and another $600 in her purse, police said.<BR/><BR/>Wolcott, who has been held by cops since then, was arrested Monday by the FBI after a White Plains federal court judge signed a bench warrant.<BR/><BR/>She pleaded guilty in federal court in 2006 to trying to extort Pepsi Bottling Group executive vice president Gary Wandschneider out of $125,000. She had sent him anonymous e-mails threatening to expose his secret online life months after meeting the married dad through an Internet dating service. She remained free on bail afterward.<BR/><BR/>Last May, Wolcott was put under house arrest after being busted for an upstate bar brawl and for lying about her identity. In October, she was hauled back into court after cutting off her electronic monitoring bracelet.<BR/><BR/>She was allowed to remain free on bail after her December sentencing, and was due to surrender to prison April 1. Dan ManganAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-6178547344217818498.post-18574520901321090402008-01-09T15:47:00.000-08:002008-01-09T15:47:00.000-08:00hahahahaha Very interesting story.Post the Nudes!!...hahahahaha Very interesting story.<BR/><BR/>Post the Nudes!!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6178547344217818498.post-86302619288341251532007-12-14T19:30:00.000-08:002007-12-14T19:30:00.000-08:00matt, Jessica was senteced yesterday, she will be ...matt, Jessica was senteced yesterday, she will be spending the next 21 months behind bars... I guess she got more than a slap on the wrist, this is what she had told Wandschneider if he turned to the FBI. You can read the court document that was written by the FBI agent handling the case. It clearly states what this sicko wrote.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6178547344217818498.post-63303296972756752732007-10-08T14:48:00.000-07:002007-10-08T14:48:00.000-07:00Jessica's sentencing is moved back to November.Jessica's sentencing is moved back to November.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6178547344217818498.post-757822183765828002007-09-28T16:19:00.000-07:002007-09-28T16:19:00.000-07:00She may not be getting anymore loans anytime soon,...She may not be getting anymore loans anytime soon, but she's still scamming rich men and telling the most entertaining lies! My brother was taken in by her and lost a few grand in the process. Evil, and without conscience. She seems convinced she will come out of this mess without jail time. Will she ever be sentenced!?!? Here's her myspace page: <BR/> http://www.myspace.com/aharmonyofoppositesAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-6178547344217818498.post-47392327436539568452007-09-07T02:05:00.000-07:002007-09-07T02:05:00.000-07:00She is the embodiment of pure evil.She is the embodiment of pure evil.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6178547344217818498.post-39033957450006541132007-08-16T12:58:00.000-07:002007-08-16T12:58:00.000-07:00Anonymous, I agree with some of your points. Howe...Anonymous, I agree with some of your points. However, having one person fund the entire loan means that you would have to invest at least $20,000 and possibly more like $50,000 in order to have a diversified portfolio if you were required to fund the entire loan. This would eliminate all but the top 500 or so lenders.Matthttps://www.blogger.com/profile/04173168939647498585noreply@blogger.comtag:blogger.com,1999:blog-6178547344217818498.post-90876662657625000412007-08-16T11:25:00.000-07:002007-08-16T11:25:00.000-07:00Most prosper loans don't get funded. That may see...Most prosper loans don't get funded. That may seem like its a lenders market, but the opposite is true. If you have B credit, 20% debt to income or lower, and low credit utilization...all you have to do is prime your loan with a secondary account. You have someone prime the loan, and then watch the frenzy... you will have literally hundreds of bids, driving the interest rate quite low. Some call it a pump and dump, but the point being, it isn't the pump and dump that is the problem...its the whole prosper system and how, from a lenders point of view, they have to take a pass on good loans, if they aren't going to be funded, and they have to jump on the crazy train, bidding down loans that are already too low, to get a winning bid.<BR/><BR/>The way to solve that, is only going to be when you don't have micro loans supposedly 'mitigating' risk. The fact, is, ROI is negative for many prosper lenders, and its because of the nutty system...so much for mitigating risk. I think the loans have to be put up e-bay style, and one person has to fund the whole loan, and no bidding down. Place out your bid, and wait for a buyer, a single buyer.<BR/><BR/>The current system is madness.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6178547344217818498.post-42819953197951662007-07-13T22:43:00.000-07:002007-07-13T22:43:00.000-07:00She had trouble funding too. It took identity the...She had trouble funding too. It took identity theft (worse than simply lying) for her to get funded. <BR/><BR/>With Prosper getting funded always comes down to interest rate and credit grade. If you are an HR borrower you will usually have trouble getting funded unless you personally know some lenders that are willing to help out.Matthttps://www.blogger.com/profile/04173168939647498585noreply@blogger.comtag:blogger.com,1999:blog-6178547344217818498.post-25244212007341964232007-07-13T14:26:00.000-07:002007-07-13T14:26:00.000-07:00Annoying...I am a honest Prosper lender and have n...Annoying...I am a honest Prosper lender and have never been able to get a loan despite my need.<BR/><BR/>Guess I just need to be a cute bimbo who lies...Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6178547344217818498.post-33355102691074843752007-07-12T21:40:00.000-07:002007-07-12T21:40:00.000-07:00About the nude pictures - two wrongs don't make a ...About the nude pictures - two wrongs don't make a right so I would encourage you to just move on and try to rebuild as much as you can. Also, as far as this blog goes we would like to keep things clean, so if you do post them I would ask that you please don't link to them from this blog<BR/><BR/>Thanks, MattMatthttps://www.blogger.com/profile/04173168939647498585noreply@blogger.comtag:blogger.com,1999:blog-6178547344217818498.post-91433252729393194072007-07-12T16:47:00.000-07:002007-07-12T16:47:00.000-07:00I have tons of NUDE pics of this girl ...should I ...I have tons of NUDE pics of this girl ...should I post them on the net for the world to see. Maybe I should charge a fee and get back some of the money she scammed from me ...Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6178547344217818498.post-88531857532482116332007-07-06T20:28:00.000-07:002007-07-06T20:28:00.000-07:00Thanks for the update - I will check into it, and ...Thanks for the update - I will check into it, and see if we can get the details.Matthttps://www.blogger.com/profile/04173168939647498585noreply@blogger.comtag:blogger.com,1999:blog-6178547344217818498.post-411195651674500222007-07-06T13:51:00.000-07:002007-07-06T13:51:00.000-07:00On July 6, 2007, I asked The Smoking Gun editor wh...On July 6, 2007, I asked The Smoking Gun editor what happened to Jessica's sentencing and he indicated that it has been moved back once again until September.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6178547344217818498.post-31134563651395640632007-07-04T09:42:00.000-07:002007-07-04T09:42:00.000-07:00amarymary - thanks for the update. This story kee...amarymary - thanks for the update. This story keeps getting more interesting.Matthttps://www.blogger.com/profile/04173168939647498585noreply@blogger.comtag:blogger.com,1999:blog-6178547344217818498.post-33823404895309815652007-07-04T08:31:00.000-07:002007-07-04T08:31:00.000-07:00The Mother that people think defended Jessica is J...The Mother that people think defended Jessica is Jessica herself. Jessica lived with us and used our computer to supposedly communicate with her mother and brother. I found the mother's screen name in our old user files. Also the picture of the indian girl with the blond that is supposed to be her mother is not them either. I saw pictures of her when she was a little girl. By the way, she told us she was Hawaiin, and that she has MS, and of course that she is a millionaire but couldn't get her money until she is 25. Also she claimed her brother would send her $1000 a week. Money I believe she was stealing from Kyle. I also pieced together a receipt of withdrawal from Kyles account. It's a shame to think what did happen to this girl to make her this way? And where is her family? I would love to know if any truths have come out in the court room. I also did confront her on the lying long before she and my son broke up. She of course told me I didn't know what I was talking about. Obviously I guess I didn't.Amarymaryhttps://www.blogger.com/profile/13438992152069962995noreply@blogger.comtag:blogger.com,1999:blog-6178547344217818498.post-50216823424223688722007-06-26T15:19:00.000-07:002007-06-26T15:19:00.000-07:00In answer to the question on how Prosper handles i...In answer to the question on how Prosper handles identity theft, here is their official policy: <BR/><BR/>"In the event of a material default under a Note you purchase from Prosper under this Agreement that is the result of verifiable identity theft of the named borrower's identity, Prosper will repurchase the Note for the remaining unpaid principal balance. The determination of whether verifiable identity theft has occurred shall be in Prosper's sole discretion. Prosper shall not be required to repurchase a Note under this subsection until such Note is at least 120 days past-due, provided, however, that Prosper may in it's sole discretion elect to repurchase a Note at an earlier time."<BR/><BR/>There have been several instances of documented identity theft cases where Prosper has repurchased the loan to repay the lenders.Matthttps://www.blogger.com/profile/04173168939647498585noreply@blogger.com