Complaint Review: David Hughes - Genie Investments

Walter Trock and Michael Lanza from McMann Capital (aka McMann Commercial Lending) are working with Genie Investments NV (David Hughes) to inform borrowers there is a Business Expansion Line of Credit or a BELOC. I wired McMann an upfront $7,800 "due diligence" fee and then after informing me I was approved for a loan, I signed a Bridge Loan agreement and which I then was instructed to wire Genie Investments NV prepaid interest.

I wired over $50K to Genie Investments and till now I haven't received one cent of the loan I was promised. These 2 companies when silent and I haven't heard anything.  After months of lying, Michael Lanza and David Hughes try to divert borrowers by saying there is a delay in funding due to the "capital provider" however, no name of any capital provider is given and McMann Commercial Lending and Genie Investments NV have gone silent. They NEVER offered a refund or a recourse because of this "mistake" with the capital provider.

https://www.victimsbelocscam.com/forum/victims-discussion/mc...

https://www.courtlistener.com/docket/68086281/seiler-tucker-...

https://www.courtlistener.com/docket/68037763/north-haven-lo...