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ABOUT THE RIPOFF REPORT BELOW:
Ripoff Report would like to let readers know that Ripoff Report emailed this customer so the member business could make things right with them. When a business joins the Corporate Advocacy Program, Ripoff Report emails everyone from the past so the member business can make things right with them. Of course, everything within reason. In order to confirm that the complaints were resolved, Ripoff Report is copied on all responses so we can insure that the member business did right by their customer. Sadly, the author of the complaint below was unreasonable and didn’t allow CRE-Finance the opportunity to make things right with them within reason.
STATEMENT FROM CRE-FINANCE:
The report is false, as the author came into our office soliciting a sales job and to show us the quality of his work, he brought 12 loans with him for us to review and of the 12, only 3 were viable and we issued letters of intent on. Of the 3 deals, only 1 of the Letter of Intent were accept by a client. The author of the letter was upset, as the 1 deal ended up not closing with us, as they obtained funds from a family member instead. The author of the letter was upset over the loss of closing/income and in hast and anger, he slandered us. Our first intent is always to make an attempt to amicably resolve any disputes.
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This company charges high fees for appraisals and pockets the rest. They have upfront bullshit fees on the ''LOI'' then look to charge on the fake term sheet addtional fees and have made up time lines and say if you do not wire funds right away they cancel your fake term sheet. They do not fund anything do not believe todd or rich they are 2 born liars. Have them prove they even funded a loan this year they can not. They are both arrogant and that is usually a sign of a fake lender when they try to justify them stealing hard working peoples money. They derserve to be put in jail they give honest brokers a bad name. I wish the FBI would start an investigation!
4 Updates & Rebuttals
honest guy
New Jersey,Todd is a sociopath
#5Author of original report
Mon, December 15, 2014
I have never worked for nor applied for a job to work for a scam artist like todd tredsky. I work for myself . I brought loans to them and he gave me LOI on all of them with bullshit fees. NOT THE 2 HE CLAIMS He stole 2500 from my client . My client went there and he closed his office already. I contacted a former employee and that person told me they never closed a loan the time they were there. I do not have a criminal record and I have never stolen anyones hard earned money. How can he have done a backround check on me????? this is total bullshit I have contacted the attorney he posted and I welcome a lawsuit ! as you can see there is no more company . I hope me and the many others that posted about him put him out of business . He stole so much money from people and is still doing it with his new company. HEY TODD I WILL HAVE THE LAST LAUGH. THE FBI IS ALL OVER YOU !!! IT IS JUST A MATTER OF TIME. also he does not have an office in Mannhattan ..anyone that is local go by and look !...ALSO I DEBT FREE AND DO NOT OWE ANYONE ANY MONEY. if anyone does business with him and loses money it is their own fault for trusting a fool. I think at one time they did do loans but, now they use the loophole to take fees. TODD SHOW US YOUR FAKE CREDIT LINE!!!!!
Financial Funding LLC
Eatontown,New Jersey,
In Response to "Honest Guy"
#5REBUTTAL Owner of company
Tue, April 08, 2014
John Marino is the principal of the company Bartlett Consulting, Inc. The company is based out of Staten Island, New York. He states his position at Bartlett Consulting, Inc. as Lending Consultant. He states he can do very large building projects or refinances of $15MM and up. He also states he can do SBA loans, Home loans and Hard Money loans. He states you can call him “The Loan King.” He can present loans, but does not have the ability to convert them so they make it to the closing table.
He came into our offices seeking employment in our sales department. He brought with him approximately 12 loans for us to review and issue Letters of Intent on. Of the 12, only 3 were viable and we issued Letters of Intent on them. Nothing ever materialized on any of the loans. As a general practice, we run background checks on potential employees. This is an industry where we are privy to very private and sensitive information of our clients. We need to ensure that those who work with and for us have a background that demonstrates fiscal responsibility along with a positive moral background. The reports on Mr. Marino showed his fiscal responsibility was questionable due to various unpaid debts. They also showed he had an unsatisfactory history with law enforcement.
There is a proper way to do business as well as a questionable way to do business. When you do business the proper way, non-disclosure and non-compete disclosures are standard practice in this line of work. When someone has good intentions and nothing to hide, there are no issues in getting those disclosures signed so proper business can proceed. That was not the case here. That is further evidence of someone with possible ill intentions.
We welcome brokers, especially local ones, to come to our offices, ask questions and meet with us in general to facilitate a mutually beneficial relationship for all parties involved. We have no problem disclosing what we have transacted, as it is over $50M within the past 12 months. Anyone willing to sign a non-compete/non-disclosure agreement can have that information.
The wrong way to do business is to make libelous claims and slander a company who discovers your improprieties.
Our first intent is always to make an attempt to amicably resolve any disputes, but if the one sided slander continues, be advised we will take action by way of filing litigation.
Price, Meese, Shulman & D'Arminio, P.C.
Mack-Cali Corporate Center
50 Tice Boulevard
Woodcliff Lake, New Jersey 07677
201-391-3737 (fax 201-391-9360)
honest guy
New Jersey,do not believe them
#5Author of original report
Thu, March 06, 2014
I am not a former employee I am a broker my name is John and you know who I am todd he took 2500 from my client and will not return my calls or his. I have asked him to come meet me or I can come to his office but he will not because he knows that I know he is a scam artist along with his dad.You have been warned do not do business with this company. they do not fund loans they steal client money and make you look bad as the broker..I will do anything to make sure he gets into trouble and goes to jail. I have notified the authorities and they assured me that they know all about him and his dad. If he has the b**** to post a rebuttal with more lies I will post my information so others can contact me and I will assure them that he is a a fraud and will also give them my clients phone number so he can back me up...this has not been resolved this has been going on since september 2013 .
Financial Funding LLC
NY,New York,
Our response to Honest Guy
#5REBUTTAL Owner of company
Tue, January 14, 2014
This complaint is not even from a customer. It is from a former disgruntled employee that was terminated for just cause. We have records in our office that prove the firing was for good reason.
As a company in good standing for over 30 years we will not stand for anyone slandering our name.