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  • Report:  #258156

Complaint Review: JAMES B. WOLFE AND WOLFE CAPITAL GROUP

JAMES B WOLFE AND WOLFE CAPITAL GROUP FAILED TO DELIVER SEASONED LLC FAILED TO PROVIDE TRAINING ON CORPORATE CREDIT REAL ESTATE INVESTING AND COACHING Ripoff HENDERSON Nevada

  • Reported By:
    LOS ANGELES California
  • Submitted:
    Mon, July 02, 2007
  • Updated:
    Mon, July 02, 2007
  • JAMES B. WOLFE AND WOLFE CAPITAL GROUP
    2470 SAINT ROSE PARKWAY SUITE 106
    HENDERSON, Nevada
    U.S.A.
  • Phone:
    702-982-5226
  • Category:

My business partner and I were introduced to James B. Wolfe and Wolfe Capital Group in November 2006. After a few meetings to get a better understanding of their product, performing initial background checks on the Company and individual, gauging our comfort level of trust in their product/concept, we decided to purchase a single LLC Package for $30,000.00 on 12/28/2006. WE had worked hard to get my primary residence refinanced and a Home Equity Line of Credit performed to provide for this Purchase.

Excuse after excuse, James B. Wolfe was not available to follow-up on our business needs. His frequency of undeliverable such as trying to shove an UNSEASONED LLC, no Trainings, no Hotel-Condos, no letter of credit/line of credit like he promised in his contract, No database of Real Estate properties ready for purchase and frequent deflections/excuses. These frequencies started to erode our confidence in their professionalism. Sometime in February, there was an explanation of a falling out of his original staff and partners.

We stuck it through another 3 months when we had seen a revival of activity in their company and new staff members that seem to truly attempt to acknowledge their short-comings. After explaining to our new contact staff members, of our undeliverable, Wolfe Capital Group continued to disappoint us. They tried to pass 1 Million Dollar Credit as a True Credit Line. In fact, it was a Hard Money Loan. Acknowledging another failure, James B. Wolfe claimed he would do us a favor by talking to his Personal Banker and attempting to provide 5 $200,000.00 Lines of Credit for our Corporate Entity. He failed to deliver again.

We finally faxed and certified mail him a demand and full refund of our $30,000.00 in May. A week later we attempted to have a meeting with James Wolfe and we were given another lame excuse by his Executive Assistant Tamara Alexander that he was unavailabe and traveling out of state for the rest of the week. The following week we received a letter of wanting me to know my ONLY 2 options to receive monies minus their garbage fees. I would be forced to have it rolled over into a MLM aka Income Legacy or Structured 12 month return minus a few thousand in garbage fees. Enough is enough!!, we're totally fed up with James Wolfe lies after lies!!.

We simply want our monies returned, last week we consulted our Attorney and she suggested us to report him to the local FBI, BBB of LV, The Local Authorities, Las Vegas Chambers of Commerce, National Ethics Board, and taking necessarry legal action to get our money back !!.

Don't trust James Bernard Wolfe and Wolfe Capital Group !!!!!, the services that you deserve will not be renderred !!!.

RB
LOS ANGELES, California
U.S.A.

1 Updates & Rebuttals


Caroline

Phoenix,
Arizona,
U.S.A.

This report is right on the mark! See my report under Advertising / Deceptive for EXACT same issue! I have filed w/several agencies, more to follow!

#2UPDATE Employee

Mon, July 02, 2007

I want to go on record as saying I have and AM today, still to be considered an independent contractor of this company...I AM a business structure owner, I DID pay 30,000.00 to James B Wolfe and have received the EXACT SAME results as all the others listed under WCG/Wolfe Capital Group/James B Wolfe or James Wolfe listings.

This man appears to have done the exact same thing to ALOT of us and perhaps it is time to unite and take this to Nv Attorney General. I can be contacted at carol_condit@msn.com if you are interested. I am Caroline B Condit of Phoenix Arizona. I am the retired Nurse. I DO NOT believe Mike Snodgrass, Laura Guthery, Hal Shields or Mike LeMay were anything more than trusting PAWNS in JB Wolfes' game. I have known Mike Snodgrass for years and he has NEVER, EVER been anything but honest and credible! I truly believe the folks mentioned above TRIED and TRIED to make this happen as JB Wolfe went on his hunt for yet another GROUND FLOOR OPPORTUNITY...MLM which HE then brought back to the PAWNs to explain...

The "vision" may have had a shot if the KEY PERSON had not replaced "vision" for " DOLLAR SIGNS! I am very angry but I am also a REAL person and just waiting for James to try and make me look like I was not a real employee or Business Structure customer! By the way the charges for an LLC set up from the attorney in Utah is between 500.00 to 2,000 dollars WCG states are the administrative fees to dissolve the structure of 6,000.00 are BS at best! I say we now UNITE and take it to the legal eagles. Carol

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