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  • Report:  #1441415

Complaint Review: Colorado One Real Estate

Colorado One Real Estate Colorado One Real Estate does not exist. Denver Colorado

  • Reported By:
    Tracy — United States
  • Submitted:
    Thu, May 03, 2018
  • Updated:
    Sun, November 22, 2020

Check the Denver BBB. They issued a warning about Colorado One Real Estate in March of 2018. Also the Coloroado Real Estate Commission is aware of this. A person claiming to be a realtor named Frank Wallice Johnson tried to trick an associate of mine into selling a time-share condo in Mexico using Escrow Corp of Georgia as the escrow agent. Escrow Corp is also a phony place. They tried to get him to wire funds to Mexico claiming the it was just an advance and the funds would all come back to him at closing. However, the escrow company didn't want to be involved. They just provided a bunch of phoney documents to make him think the closing was going to happen once he sent the money. 

Both Colorado One and Escrow Corp of Georgia have websites that look ligitimate but they are not. 

 

1 Updates & Rebuttals


M.R.

Newport Beach,
California,
United States

They are part of a network of real estate scammers

#2UPDATE EX-employee responds

Sat, November 21, 2020

They create fictitious listings of all sorts of properties at extremely low asking prices and then market them on their web site or social media marketplaces. They are actually based in Colorado Springs, CO, however they have a few members in other states who do some of the phishing or shilling to make a listing look legit, pose as buyers, and try to jack the price up. They don't actually own the property and will do anything to try and make a sale.

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