Complaint Review: Opulent Financial LLC; Gary Hurd Jr

Gary Hurd Jr. of Opulent Financial LLC and the company which was defrauded by Gary Hurd Jr. were previously in business with one another. Attorney was introduced to company by Gary Hurd Jr. of Opulent Financial LLC . The Escrow agreement only listed the attorney as the Escrow Agent for escrow purposes only, listed Gary Hurd Jr. of Opulent Financial LLC as the Agent for the company for the purpose of an underlying transaction and listed the company the beneficiaries for the underlying transactions and agreements. The company was the beneficiary of this this agreement. This created an Agency/Principal relationship between Gary Hurd Jr. of Opulent Financial LLC and the company. Essentially, Gary Hurd Jr. of Opulent Financial LLC became the Mandate for the company for the purpose of the underlying transaction and agreement. The escrow agreement stated the funds were not to move, however, the Agent deemed it necessary on the company's behalf to guarantee the underlying transaction to move the funds and provided a written Payorder Directive to the attorney to move the funds to Opulent Financial Account, of which the attorney followed the Agent's directives. Furthermore, the company and Gary Hurd Jr. of Opulent Financial LLC entered into a seperate agreement a week later for the benefit of Opulent Financial LLC for funds to be wired into the Attorney's account without the attorney's knowledge. Gary Hurd Jr. of Opulent Financial LLC informed the attorney that the company was so excited by the transaction that they wired additional funds to the escrow account and that his Directive applied to these funds as well. At no time did the company contact the attorney by email or phone to inform the attorney the funds were being wired. Attorney did not see this agreement until three weeks later. Attorney was not a party to this agreement and the funds were given for Opulent Financial LLC benefit. After the first delay on the funding on the underlying transactions, it became clear to the attorney that Gary Hurd Jr. of Opulent Financial LLC fraudulently misrepresented to the company the actual terms and conditions of the transaction. Moreover, it became apparent that the amount of funds needed for the underlying transactions were fraudulently misrepresented to company by Gary Hurd Jr. of Opulent Financial LLC. It also became clear that Gary Hurd Jr. of Opulent Financial did not inform the company of the fact that he gave the attorney a written directive as the company's agent of record to move the funds to guarantee the underlying transactions on the company's behalf. The Attorney insisted with Gary Hurd Jr. of Opulent Financial to disclose all information to the company. At this point Gary Hurd Jr. of Opulent Financial LLC threaten attorney regarding attorney's license and also threaten that an associate of both the company's and Gary Hurd Jr. knew where the attorney worked and live. Attorney did not disclose to company the money had move first due to the fact attorney was threaten and additionally Gary Hurd Jr. of Opulent Financial LLC was the company's agent and owed that explanation to the company as the company's agent of record. Attorney still insisted that Gary Hurd Jr. of Opulent Financial LLC disclose all information to the company. Following the second delay on funding (a week later), attorney provided the provided the company in writing an entire disclosure regarding the company's funds along with supporting documentation. Since this disclosure attorney has tirelessly worked with and cooperated with the company to recover funds of which a portion has been returned. Moreover, Gary Hurd Jr. of Opulent Financial LLC in response to a Cease and Desist from the Attorney, admitted to his fraudulent activities and admitted that it was done so for everyone's benefit.

At all times attorney operated with Gary Hurd Jr. of Opulent Financial LLC as the "Agent" for the company. Attorney at no time participated in any fraudulent activities with Gary Hurd Jr. of Opulent Financial LLC to harm the company. Attorney has cooperated with the company to recover the company's money. Attorney also wishes and continues to wish that all funds are returned to the company.

I have spoken with Mr. Hurd and may be able to verify some things in your story. What was the attorneys name you referenced? Do you have a # if they were using different names. I had a similar experience but fortunately caught it early enough. He definately talks a good game.