Complaint Review: Carlos Medrano - EXP Realtor - Realty Connect -

On July 2022 Carlos Medrano was invited to my house for a get together.  We started talking about investments and getting into real estate with him.  he approached me with the proposal of lending him money so he can finish renovating a house he purchased then afterwards he was going to refinance it, and he would give me in October $15,000.00 in interest.  The investment was $100,000.00 to his Company "CM Homes Inc".  I gave him $20,000.00 in 8-17-22, then another $40,000.00 on 8-25-22, then another $40,000.00 on 8-29-22.  In October 2022 he told me he couldnt refinance his house yet, but not to worry to give him some time.  In November 2022 he mentioned he was waiting for his "partner" to get the money ( yet I was never notified about any partner).  In December 2022 it was the same excuse.  In january 2023 same excuse as well, more run arounds.  February 2023 our conversations turned into argurments as I found out he had done the same thing to dozense of other people TOTALING close to a $1,000,000.00 from what I gathered.  In March 2023 he threatened me and said he would only give me 1/2 the amount and I should take it and leave him alone, or take him to court.