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  • Report:  #1312947

Complaint Review: The Advancement Group

The Advancement Group, Ruben Ledesma Jr., Sachse Texas He lied and stole my retirement money from my 401K account for his own personal gain. Sachse Texas

  • Reported By:
    Theresa . — Texas USA
  • Submitted:
    Wed, June 22, 2016
  • Updated:
    Wed, June 22, 2016
  • The Advancement Group
    6204 Timber Court Trail
    Sachse, Texas
    USA
  • Phone:
    281-995-9455
  • Category:

My husband met Ruben Ledesma Jr. at a cigar shop in Texas he told my husband and I that about the information which is available on TheAdvancementGroup.com and how he would be able to increase my profits by investing my retirement money with him rather than to leave the money in my 401K.  

The Advancement Group, LLC was established by Ruben Ledesma, Jr. in 1991 to assist in the facilitation of secured investment strategies that ensure a higher return on investment for its clients. Since that time, millions have been successfully invested, yielding consistently high returns, even through the down-turned economy.

Often, Capital Investment Partners and IRA Beneficiaries find themselves with under-performing investment portfolios. The Advancement Group provides an alternative to under-performing portfolios through education. We provide the knowledge to help you direct your own investments and choose investment opportunities to achieve aggressive investment yields.

The investment opportunities The Advancement Group offers include:
First Lien Real Estate Secured Notes
Trust Deeds
Property Tax Loans
Property Tax Lien Purchases
Tax Deed Purchases
Medical Industry Investments
Oil & Gas Investments
Contract Conversion Financing
Factoring
and many more

For Real Estate Investors, The Advancement Group provides hard money lending that offers short-term, asset based loans. Real Estate Investors are often unable to secure loans because banks have stopped lending. An asset based loan is a loan where the property qualifies for the loan and the Real Estate Investor demonstrates his/her experience and abilities to reach his/her exit strategy. The interest rate is typically higher and the loan term is typically six to twelve months. The loan term is short because the exit strategy is to refinance to a lower interest rate or the asset is to be sold. Either exit strategy will pay off the hard money loan.

As the diagram below shows, we assist our clients in moving their retirement account funds to a Self-Directed IRA from which they maintain checkbook control over their own investments. Once this is in place, The Advancement Group either assists you in facilitating the strategic investment of your funds, or teaches you the process of finding, assessing and deploying secured investments.

This financial mistake led me to a loss of my retirement money that I was counting on for security and fall back on when the need would arrive.

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