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  • Report:  #1158467

Complaint Review: Ed Renzulli

Ed Renzulli, Edmund Renzulli III, Just Ed, Michael Renzulli Con man, scam artist, thief, liar Chicago IL Nationwide,

  • Reported By:
    anticonman — Florida
  • Submitted:
    Mon, June 30, 2014
  • Updated:
    Thu, May 12, 2016

Edmund Micheal Renzulli, born in 1952, is a conman.  He uses various methods including his Chicago based "businesses" - 51 Club, Phoenix Capital Management, Embarq Consulting - to con people, usually women, out of large sums of money.  I have personal accounts of him conning several.  A couple in FL for 15k, an elderly woman with multiple sclerosis in FL for 120k (everything she had), a woman in TX for ~$250k, and a woman in TN for ~$450k, plus another couple in TN for ~$10k.  He has had multiple people drop their lives and move cross county to get involved in his various businesses only to steal the money and leave them hanging.  While his wife was dying he started a relationship with a prositute and was off conning others, but he will tell you stories of how much he loved his wife and was there for her.

He has alienated much of his family and they do not speak to him.  He will tell you stories all day long and tends to spit when he talks.  He pretends to be a Christian and uses this to get in with people.  He usually starts a relationship with women who have good incomes so as to begin to guide them in investments.  He is usually sleeping with these women and may be working multiple women in multiple states at the same time.  He supposedly also has an addiction to prostitutes and thats how all the money gets blown.  Ladies, if you've been with him you better get tested and then lockdown your bank account while you are at it.  He will profess his love for you just like he does all the others.  He is only after your money.  

 I am one of the people mentioned above and have dug to discover the others.  How I did not find out about him sooner blows my mind but I could find nothing of him online that indicated con artist.  I want that to change and that's why I am posting here.  

 

I will update with more info soon. 

2 Updates & Rebuttals


Ed is currently operating in Florida around Destin and Navarre

#3Author of original report

Mon, May 02, 2016

Ed, with a partner, have purchased condos in Florida.  In his Bigger Pockets profile he states that he is involved with "Fractional ownership with the company 3MBM Int. Partners. We organize and manage groups of private investors looking to pool their resources in purchasing recreational vehicles, boats, and vacation style resort properties or vacant land. 
Myself and my partner have recently privately purchased 2 investment properties in Destin and Navarre Beach Florida."

His "partner" is a female Dr from Tennessee.  I will add her name to the post but currently I am unsure if she is an acomplice or a victim.  

Fractional Ownership is how he has scammed many many people.  He will tie your name to a car/house/boat/whatever note and rent the vehicle or house out stating that he pays the not with rent and you get a little on the backend.  Instead, he rents it out, keeps the money, and sticks you with the note.  I will update with more when I've found out more about his "partner."

Also adding a picture of our friend Ed.


Now operating in Florida

#3Author of original report

Sun, April 03, 2016

Ed is known to be operating in the Florida Area and owns a condo in Destin.  The address is:

(((REDACTED)))

Destin Florida

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