- Report: #1480125
Complaint Review: Barry Steven Sobel / Barry Sobel Investment LLC - Delay Beach Florida
Reported By:
Scammer Buster -
Rockville, Maryland, United States
Submitted:
Updated:
-
Author Confirmed
Why?
Barry Steven Sobel / Barry Sobel Investment LLC
142 Flanders C Delay Beach, 33484 Florida, United States
Web:
https://www.linkedin.com/in/barry-sobel-47b9b0170/
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Barry Steven Sobel / Barry Sobel Investment LLC Barry Steven Sobel scammed and stole $2,561 as loan related upfront fee for contracted $1.0M loan never delivered Delay Beach Florida
Report Attachments
On May 21, 2019 Barry Sobel contacted me via LinkedIn messaging and asked if we are looking for business funding. He proposed his company (Barry Sobel Investment LLC) lending program can lend up to $10M with 3-5 % p.a. interest rate with flexible terms. He guaranteed that his lending program offers only one fee, loan processing fee for $2,150 prior and after the loan disbursement and there is no other fee of any kind.
So the loan application and discussion started on May 23rd. Because of our business's current cash flow situation, I asked if he can deliver the loan by making such only loan procesing fee $2,150 50% paid upfront and 50% paid after the loan delivery completed. He agreed and accepted the term but upfront fee part was made $1,150. From the beginning, we have insisted that we would work with him if he can deliver the very same day the loan as our payment of $1,150 upfront has been made.
On 5/23/2019, the $1,150 was paid by me via Bitcoin transfer to Barry Sobel's wallet address. Immediately after he confirmed the receipt of the $1,150 he claimed he received less becasue of bitcoin rate was low and requested to send additonal $10 so additonal $10 sent. Later same day he again sent LinkedIn message telling that he won't deliver the loan unless I pay $300 more as upfront part of the fee. So the $310 was sent so that he could receive net $300. But the same day delivery was not realized.
After he failed the agreed same day delivery, we strongly claimed his unfairness breaching the terms agreed and signed in the loan agreement. He made a series of non-sense excuses and never agreed to rectify his unfair business conducts. During the course of dispute, he brought up that he needs to receive the remainder of loan fee for $700 and told unless receiving it, he would not deliver the loan as company's policy.
After series of dispute about his unfair and scam-like business attitude, we reluctantly agreed to pay the remainder of fee $700 and it was sent to his bitcoin wallet on 6/04. But again immediately he came back claiming he only received $551 instead of $700 by showing a fake made bitcoin receipt. Natually fierce complaints made by me as such day, bitcoin rate never fallen down to such low level and he made obviously a fake to cheat us and steal more.
After this series of so uncomfortable discussion via LinkedIn messaging, because of the urgent need to get funded for our business, I made an adjustment payment for $110 in hope he would deliver the promised fund on the same day as he sent a guarantee mail "By receiving from borrower, I Barry Soble guarantee that we do deliver loan and guarantee that there will be no more other fees to be paid by borrower". But the loan fund never delivered.
In addition to such additional undisclosed fees, recently (6/07 Fri) he came up with another fee ($176) as Value Added Tax for the transaction. It became very obvious the man was not legitimate and knowledgeable at all about the authentic loan tranaction talking about VAT... The guy is truly ridiculously nasty loan scammer and his unfairness is beyond description.
Prior to enter into concrete loan discussion, I have made a verification and research of Barry Sobel Investment LLC or Barry Sobel Finance Inc. in Florida. None is registered and no company in such name has lending license.
3 Updates & Rebuttals
r
los angeles ,California,
United States
BARRY SOBEL FINANCE INC NOW
#2Consumer Comment
Mon, August 12, 2019
Was approached by Barry Steven Sobel via email. Sent a formal application said he was a "private investor". When asked for documentation he provided some obvious fake CHASE bank letter and a copy of some "investors certificate". I asked for additional documentation after his request for 17K which was cut down to 2600 as a "first time borrower". He also provided the name of an escrow company he would be using, this is the information he provided which cannot be verified further:
http://www.platinumescrows.com you can verify them and let me know if we are good to proceed
Address : 142 Flanders C Delray Beach Florida 33484 Email: [email protected] IG: BarrySobel1 Phone number : 3052035805 Attached is my license below
Scammer buster
Rockville,Maryland,
United States
Barry Sobel came up with a new $1,500 upfront fee payment of "security delposit" deal breaker issue. Loan never deliverd.
#3Author of original report
Thu, June 20, 2019
Barry Sobel after having failed 14 times loan delivery to date, came up with a new "Security Deposit for $1,500" said to be requested by transfer sending bank, Bank of America. He said he deposited by himself $1,000 and requested us to pay $500.
It was so unreasonable and we asked him to submit Bank of America's letter in writing about such "Security Deposit" taken by BoA. Naturally he could not provide it as it was another fake statement. After some discussion made, I concluded that the man is nathing but a loan scammer and has no ability to deliver the contracted loan to us. The deal ended so badly.
John
Dallas,Texas,
United States
I can help recover those lost funds
#4Consumer Suggestion
Mon, June 10, 2019
Hello, i help companies out there recover lost funds in situations like this. I can help get him to pay you off, give me a call at 972-663-8570 or text me on the same number.
