Corporate Funding Partners LLC LC.com, LetterCredit.com, www.lettercredit.com, Karen Raphael, Marshall Jablon, Corporate Funding Partners LLC NY Corporate Funding Partners LLC Fraud - Beware of Caren Rapahel and Marshall Jablon New York, New York
I have had an extremely bad experience with these people and am therefore writing to warn anyone thinking about doing business with these fraudsters! I am in the import/ export business and was looking to buy a letter of credit through Caren Raphael and Corporate Funding Partners in New York. I met with Caren, who appears very motherly so I trusted her. I was a fool to do so. In all I spent just over $26K and did not receive my LC, not did she refund my money. Marshall Jablon works with Caren and I think they are related, although their relationship is not clear. Whatever the case, they are running a fraudulent operation and if they cheated me, I am sure they have cheated other innocent people as well. I am writing this to warn anyone looking to purchase an LC not to do business with these people as they are a complete fraud. I have spoken to a lawyer and am seeking to get my money back and also stop these people from continuing to run this shady operation. Beware of this fraud!
1 Updates & Rebuttals
corporate funding partners
Harrison,New York,
There is NO in this situation!
#2REBUTTAL Owner of company
Mon, August 26, 2013
Cutting through all of the fluff, what this comes down to is that the complainant probably held back information from the supplier. Too many people try to make their fortune with one transaction. They probably tried to purchase their goods through a chain of brokers, and never met or even spoke with the supplier. They probably held back information, they got caught and were told to take a hike. End result, no goods!
Bottom line is that you can’t buy and sell goods without knowing what you’re doing. While I don't object to inexperienced people getting into the trading business, it's ultimately that person who makes their own decisions. The days when it was routine to lie in order to make your fortune in trading goods ended around 2000.
BTW, just for future reference, Transparency is everything. If you tell your institution that you absolutely know what you’re doing, you should know what you’re doing. This is a YOU! problem.