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John Ghandour, Westcott Finance, MG Mortgage FRAUD, PREDATORY LENDING, THEFT, CONVICTED FELON Temecula California
A mortgage company that manufactures verification of deposits for clients, creates straw buyers for committing mortgage fraud,is goverened by a convicted felon involved with securities fraud, and employs a fugitive named Alex Linnan and his wife Amy whom are both wanted by numerous collection agencies as well as previous clients who have filed suits against them. The broker John Ghandour finds cheap labor by hiring unlicensed agents to close his mortgage loans for a very low commission split. His entire family has made a living buying homes with one member, then selling it quickly thereafter to a different family member for significant profit. They lure clients into option-arm or other high risk loans, without disclosing the risk to consumers. They also con the elderly into illegally obtaining financing through them, thenn unknowing to the client forge their signature, adding themselves to title of the home and selling the property for gain which the client never sees. Bad Bad People.
Steven
Menifee, California
U.S.A.
12 Updates & Rebuttals
Nick
Murrieta,California,
U.S.A.
probably a false report
#13UPDATE EX-employee responds
Thu, July 12, 2007
I used to work for MG Mortgage and they have never done anything near what this report has stated. Unfortunately the people of MG Mortgage think it was me who wrote this stuff. Probably just because I don't work there anymore. Yes I am the "Nick" that they spoke of in the above links. MG Mortgage pretty much has hatred towards me probably because I dont work there anymore. In the past whenever anyone stops working there they talk bad about them and their company policy was if anyone leaves then they are not allowed to come back.
I havent said anything nor would I wish anything bad about them. This report is definately false. MG Mortgage would not have anything to do with the things in this report. Obviously they made someone mad but it certainly wasnt me and I just wish they would look into things before taking action against someone who had nothing to do with it. I aslo wish this site would look into the reports that are made because 99% of them are probably false.
Scott
Menifee,California,
U.S.A.
hmmmmn...
#13Consumer Comment
Mon, July 09, 2007
Once again, if Mr. John Ghandour is a convicted felon it is public records. It's easier to retrieve then say, Title on a home. Correct me if I am wrong but I don't think you have to be a licensed in order to bring in a loan. My opinion..., I feel this person is trying to take Mr. Ghandour down on angle possible. I've have been doing business w/ Mr. Ghandour and his associates for over 3 years. He is a very professional individual, on and off work.
Chris
Fredericksburg,Virginia,
U.S.A.
not true
#13UPDATE Employee
Sun, July 08, 2007
I've know John Ghandour and he has been nothing but kind and honest to me not only am I a employee of john's I'm also a friend. He is just a victim to two gentlemen that are not willing to take responsibility for their actions.
Steven
Menifee,California,
U.S.A.
If I was under attack and guilty, I would beg my employees, esp. the less intelligent ones to defend me.
#13Author of original report
Sun, July 08, 2007
Please understand the recent claims made. MG or Westcott has sponsored youth sports 3 consecutive years as claimed? Can we have a link to the city's website of Chamber to verify this. Also, which type of employee needs personal help (mentioned was the employees family), a very competent one? Probably not. Also lets find the identity of this employee, his responsabilities of the company, and the legitimacy of his employment. PLEASE PROVIDE ANSWERS TO THE QUESTIONS SO WE MAY ALL UNDERSTAND THE VALIDITY OF THIS PERSON'S POST. ESP. THE QUESTION ABOUT THE CONTINUAL SPONSORING OF THIS YOUTH TEAM. That is a complete fabrication, and even if it were hypothetical truth (ITS NOT), it in no way negates the illegal and immoral practices of John G. Ghandour. Is it ok to hurt consumer's as long as you send ten bucks to the city? Common sense will answer that one.
Anthony
Murrieta,California,
U.S.A.
Victoms of slander
#13Consumer Comment
Sat, July 07, 2007
100% Not true........
"Some people have nothing better to do in life"
I've known John Ghandour for five years and he has been nothing but respectful and honest to me and my family not only am I a employ of john's I'm also a friend, we have coached a youth basketball team together and his company has sponsored my last three teams at Valley wide recreation center, so for the two ex-employs that have nothing better to do GET A LIFE..
Allen
Vista,California,
U.S.A.
Good People, Great Company
#13Consumer Comment
Fri, June 29, 2007
I have completed numerous succesful transactions with MG Mortgage. The report I found regarding this company and its employee's is completely untrue. When I read the report I instantly started researching the allegations. I used several public and private information sources with no avail. There are no criminal records for any employee's named in the original rip-off report. The validity of such information is ridiculous. Bottom line: You can't believe anything you read until you research it yourself.
"Myth: Busted"
Allen
Vista,California,
U.S.A.
Good People, Great Company
#13Consumer Comment
Fri, June 29, 2007
I have completed numerous succesful transactions with MG Mortgage. The report I found regarding this company and its employee's is completely untrue. When I read the report I instantly started researching the allegations. I used several public and private information sources with no avail. There are no criminal records for any employee's named in the original rip-off report. The validity of such information is ridiculous. Bottom line: You can't believe anything you read until you research it yourself.
"Myth: Busted"
Allen
Vista,California,
U.S.A.
Good People, Great Company
#13Consumer Comment
Fri, June 29, 2007
I have completed numerous succesful transactions with MG Mortgage. The report I found regarding this company and its employee's is completely untrue. When I read the report I instantly started researching the allegations. I used several public and private information sources with no avail. There are no criminal records for any employee's named in the original rip-off report. The validity of such information is ridiculous. Bottom line: You can't believe anything you read until you research it yourself.
"Myth: Busted"
Allen
Vista,California,
U.S.A.
Good People, Great Company
#13Consumer Comment
Fri, June 29, 2007
I have completed numerous succesful transactions with MG Mortgage. The report I found regarding this company and its employee's is completely untrue. When I read the report I instantly started researching the allegations. I used several public and private information sources with no avail. There are no criminal records for any employee's named in the original rip-off report. The validity of such information is ridiculous. Bottom line: You can't believe anything you read until you research it yourself.
"Myth: Busted"
Mike
Temecula,California,
U.S.A.
100% untrue!!!!
#13Consumer Suggestion
Fri, June 29, 2007
I used to work with John Gandour and mg mortgage and will tell anyone this, I have not met a person that did not love john or his family. His ethics are second to none. he is honest, trustwothy and runs an incredible business that takes care of their customers and agents. when i found out about this i knew what it was. I can garantee you that every word of this was made up by people that are jealous .I also have nick and ryan . and honestly they would be nowere without john. Nick is a young kid that used to follow john around like a pet. Instead of trying to make him look bad guys, you should be thanking him. i cant beliece this website will allow anyone to say anything they want without checking it out!
Alex
Murrieta,California,
U.S.A.
Disgruntled Employee
#13REBUTTAL Owner of company
Thu, May 10, 2007
We fired 2 agents, Ryan Case and Ryan Lee and because we refused to commit Fraud by verifying Ryan Case as a Sales Manager when he was not. Ryan Case and Ryan Lee are both known for fraud, and bate and switch. We have a open book policy on all of are loans and do not hind any rates or fees. MG/ Westcott has a clean record with both D.R.E and D.O.C.
Alex
Murrieta,California,
U.S.A.
Disgruntled Employee
#13REBUTTAL Owner of company
Thu, May 10, 2007
We fired 2 agents, Ryan Case and Ryan Lee and because we refused to commit Fraud by verifying Ryan Case as a Sales Manager when he was not. Ryan Case and Ryan Lee are both known for fraud, and bate and switch. We have a open book policy on all of are loans and do not hind any rates or fees. MG/ Westcott has a clean record with both D.R.E and D.O.C.