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  • Report:  #552906

Complaint Review: Farhad Bakhtiar FSICo Tony Habib

Farhad Bakhtiar, FSICo, Tony Habib Gulf Finance and Investment Company SAL (GF-ICSA) in Brazil ripped off $875,000 in the US in 2007 ( Sao Paulo, Brazil

  • Reported By:
    Jongbum — Los Angeles California United States of America
  • Submitted:
    Tue, January 12, 2010
  • Updated:
    Mon, February 11, 2013
  • Farhad Bakhtiar, FSICo, Tony Habib
    Rua Iguatimi 236
    Sao Paulo, Select State/Province
    Brazil
  • Phone:
  • Category:

Tony Habib of GFIC-SA in Brazil worked with Louis Roman of Glacier International Depository Bank in 2007 in order to issue $25 million loan to a real estate project in New Jersey, USA.  Habib and Roman were introduced as the highly successful lenders by a loan broker, Bill Thomas in FL, USA.


According to the contract, GID Bank was to issue a SBLC in the amount of $25M and based on that, GFIC was to approved the loan and pay the amount to the project after receiving the escrow deposit from me.  After confirming all the conditions through a lawyer and a broker, I wired $1.25M deposit money along with $50,000 extension fee.
$375,000 was wired to GID Bank and $875,000 to GFIC by my attorney in June 2007.

However, after receiving the money, GID Bank immediately demanded additional documents to fulfill the requirements of the loan even though all the parties confirmed that all the conditions to issue the loan were met before the deposit was wired.  The documents GID Bank demanded were impossible to get within their required time frame and they both walked away with the $1.25M deposit money plus $50,000 fee after a few weeks of arguments and lip-service online.

I sued GID Bank since GFIC was out of the US but one of the top law firms I hired could not even locate GID Bank.  Even through I have a $2.7M default judgment against GID Bank, there is no way I can collect the money.

My lawyers are positive that both Tony Habib and Louis Roman are con artists ripping of money internationally.  The loss is too much and I am broke due to their fraudulent loan scheme.  I don't know where they are and how they use the stolen money.  I hope that they do not deceive other innocent people and cause such a damage.  Hopefully, they will be brought to justice soon.

3 Updates & Rebuttals


Tally-ho

Nationwide,
USA

Tony Habib, scam, fraud (aka Anthony Habib)

#4Consumer Comment

Mon, February 11, 2013

@ Ralph Describe your fraud case in detail and let others know how the fraudster Tony Habib scammed others. Perhaps hes stupid enough to reply again like he did at http://www.offshorealert.com/tony-habib-phoneix-financial-letter-offshorealert.aspx


ralph

park Av,
Washington,
United States of America

tony habib

#4REBUTTAL Owner of company

Mon, February 11, 2013

sir,
am responding to your report regarding tony habib,am also a victim but i found a way to get them...kindly send me your email so we can better communicate ....

regards,ralph


Tally-ho

Nationwide,
USA

Tony Habib

#4Consumer Comment

Thu, May 12, 2011


Just reporting that we have been ripped off as well by Tony Habib and comrads, see link

http://www.ripoffreport.com/loans/phoenix-financial-li/phoenix-financial-limited-enr-8eb36.htm

browse the internet look for tally-h*o in other posts (complaintsboard.com) and you will find eventually my email send a message and lets exchange informations

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