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  • Report:  #1286031

Complaint Review: Oak Tree Financing

Oak Tree Financing Jeremy Lawson, Isaac Sananes, Karl Bessey, Kip Herriage bankrupt, credit card scam, scam, leverage, not a business loan Walnut California

  • Reported By:
    Jay — Middleton Wisconsin USA
  • Submitted:
    Mon, February 08, 2016
  • Updated:
    Mon, February 08, 2016
  • Oak Tree Financing
    340 S. Lemon Ave
    Walnut, California
    USA
  • Phone:
    18667311555
  • Category:

Karl Bessey and Kip Herriage have a track record of creating bad ideas and selling them until they run out of suckers. Then they create a scenario that the 2 parties had a disagreement and seperate. They then try to scoop up as many from the failed entitiy desperate to get their money back. Same scenario plays out.

A couple people make a lot while 90% or more get crushed. In the Wealth Masters scam they had a super expensive product to which most people cannot afford. How did they solve it? Isaac Sananes created Oak Tree Financing and sold it to be a business loan. Isaac Sanaes was a WMI affiliate until he created this.

Why this? The product was too expensive so they needed some sort of credit to allow people with great credit scores like myself to increase their client base.  Why not actual business loans? They obviously knew this wasn't a good deal so they needed the consumer to be on the hook for the money and not them if it failed.

They sell it as a business loan though and $1750 later youo get 3 credit cards in the mail. I was approved for over $32000 which is what I needed to be successful according to them. I get CC offers in the mail every day so why did this cost $1750? Now after 2 failed business endeavors I am stuck holding a massive amount of CC debt and my credit score has been crushed. Many of the names on Oak Tree's website erily have the same first name and last intial as the crooks I met throughout this scam promoting its products. They are nothing more than an entity for financing pyramid schemes and pathetic advice. 

I am in need of $19k beofre my family is ruined real soon. These guys use PO boxes and do not respond to my calls for a refund. The CC companies were no use as the deadline passed and Oak Tree did not accept the CC for payment of the $1750 (shocker)! Unfortunately I let them set the hook too long.

 

 

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