- Report: #224565
Complaint Review: Business Money Finders - Paladin Holdings - Rob Ritch - Arlington Texas
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Author Confirmed
Why?
Business Money Finders - Paladin Holdings - Rob Ritch
2131 N. Collins Street, Suite 433 Arlington, 76011 Texas, U.S.A.
Phone:
800-403-1358
Web:
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Business Money Finders - Paladin Holdings - Rob Ritch Scam, liars, fraudulent company, Dishonest ripoff Arlington, Knoxville Texas
I used this company to try to get start-up funding for my business idea.They sent me a made up letter called a "intent to fund". Saying that they had a investor who will fund. They would secure my funding if I put up a $500.00 "Good Faith Deposit" which is completely refundable.
Well they lied!
After about a month they came back to me and said that if I wanted funding, that I would need to not form a company but a S Corporation and I should put them down as my CFO's for the company. I told them that was not the agreement and I would like my money back. They told me if I wanted money that I should find a real estate deal and make a profit. I told them no; so they informed me that I should grow up and relize that this is the real world and this is how business is handled. NEVER EVER use "businessmoneyfinders"
Chris
Los Angeles, California
U.S.A.
Well they lied!
After about a month they came back to me and said that if I wanted funding, that I would need to not form a company but a S Corporation and I should put them down as my CFO's for the company. I told them that was not the agreement and I would like my money back. They told me if I wanted money that I should find a real estate deal and make a profit. I told them no; so they informed me that I should grow up and relize that this is the real world and this is how business is handled. NEVER EVER use "businessmoneyfinders"
Chris
Los Angeles, California
U.S.A.
3 Updates & Rebuttals
Robert Ritch
Knoxville,Tennessee,
U.S.A.
If you are going to respond at least give enough facts that I know who you are!
#2REBUTTAL Owner of company
Mon, June 16, 2008
As afar as this other guy responding; I do not know who he is. He should have filed his own report if he has a complaint.
Richard
Plano,Texas,
U.S.A.
Chris your lucky
#3UPDATE EX-employee responds
Mon, March 05, 2007
Most people sign a Power of Attorney letter giving Rob Ritch the ability to do ANYTHING. You were lucky to have only lost $500.00. How about signing a credit card equipment lease for $150.00 X 48 months that you can't get out of.
Robert
Knoxville,Tennessee,
U.S.A.
We have been sucessfully funding deals since 1994
#4REBUTTAL Owner of company
Wed, December 20, 2006
Chris became a client on November 10, 2006. We began the due diligence phase at that time. Chris had stated in his itinal communication with us that his corporation was formed and he needed funding to purchase real estate. I contacted Chris to clarify information and found that he was not incorporated. I explained to him that we could not raise money from investors without his company being incorporated. He was fine with this during that phone call. Chris later contacted me and advised that he did not have the money to incorporate. I offered to fund a small real estate deal to help him earn the money. Chris refused my offer. I am still willing to assist Chris! I am sorry that Chris feels it necessary to handle business in a public manor. I have documentation to support this rebuttal.
