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  • Report:  #1489328

Complaint Review: United Secured Capital Brooklyn NY

United Secured Capital Brooklyn NY Isaac Kassab and Albert Gindi Scammed me into a loan by promising early payoff discount Brooklyn New York

  • Reported By:
    Rose — Elmwood Park United States
  • Submitted:
    Fri, December 20, 2019
  • Updated:
    Fri, December 20, 2019

Was contacted by Albert Gindi and Isaac Kassab to take funding from "them and their investors".  Offered a loan of 150K, payback amount 208K, but after 60 on time payments an early payment discount would be applied for a total payback amount of 162,500.00.  I got this in wriitng from them and went to their office to verify if they are legitimate where again, they reassured me that all this is legitimate etc.

Turns out the money is from a Loanshark vendor named Par Funding and there is no early payoff discount.  They completely defrauded me into the contract.  Isaac is still saying, sure the early payoff discount will be applied and I'll arrange with lender.. just refinance and take more funding from us and all is ok... alternatively not taking my calls.

But I now know they are scam artists.  My lawyers are in touch with Par who is either in cahoots with United or going along with the fraud at best.  Looks like this will go to litigation.

I have a decent business, did not NEED this funding from unscrupulous people.  Took it because I was offered in writing terms that were acceptable to me.  Turns out its a disaster with ridiculous payback amount I would have never agreed to.

If anyone else was defrauded by United or Par and wants to share info with me to boost my/our case please reach out to me.

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