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  • Report:  #1361566

Complaint Review: Colt Ranch and Land

Colt Ranch and Land Coffee Management Useless Land sold and financed by Cold Rand and Coffee Management. Centerville Texas

  • Reported By:
    John Doe — Richmond Texas USA
  • Submitted:
    Tue, March 14, 2017
  • Updated:
    Wed, June 28, 2017


1- They borrowed $3M from a local bank in Palestine TX to buy the large track of land in Boling TX. They subdivided the large track into smaller tracks and sold them. The track owners received the Deed of Tust with a $3000,000 lien on them. This was the Colt Ranch and Land loan.

No one was able to sell their lands wit $3,000,000 liens on them.

 

After they sold all the tracks they defaulted on their $3,000,000 loan and their back came and took everyone 's land even after we paid for in in full for over $100,000.

They are not licensed as a lender in Texas but they issue hundreds of loans every year. All their loans are fraud and illegal.

2 Updates & Rebuttals


Colt Ranch and Land is Fraud

#3Author of original report

Wed, June 28, 2017

 These guys do not have a lenders' license in Texas but they are issuing 100s of useless loans to sell their useless land. They are liquidating 335 acres of land in Boiling Texas to avoid prosecution and Danny Coffee from going to prison for fraud. They are using Charlie Neuhaus at 713-993-7160 and Tommy LeBlanc at 813-993-7173 to dispose their land asap to avoid prison. The local authorities are aware of their fraud and it is a matter of days.


Coffey Management

Centerville,
Texas,
USA

This is a Hoax

#3REBUTTAL Owner of company

Wed, June 28, 2017

This report is a complete fabrication!  This individual has been contacted and sent a cease and desist order from our attorney.  If you have any questions concerning this report you can contact Coffey Management at 903-536-7200.

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