- Report: #125791
Complaint Review: Capital Resource Group - Renton, Bellevue, Maple Valley Washington
-
Author Not Confirmed
Why?
Capital Resource Group
11180 S.E. 176th St. Suite #G302 Renton, Bellevue, Maple Valley, Washington, U.S.A.
Phone:
425-821-6300
Web:
N/A
Categories:
Business Rating:
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Capital Resource Group Took my money and DESTROYED My Credit along with many Others Renton, Bellevue, Maple Valley Washington
Be ware of these people and any company associated with them!!!
In early 2003 Keth, a friend of mine, approached me with a debt elimination process. Keth was working for Greg Barrett and Nick Rozell at Capital Resource Group(CRG) now Global Financial Solutions(GFS). Because he was a friend and I was in a bit of financial distress I accepted this offer and signed a contract to hire CRG to perform a debt elimination for me. There was an upfront fee of $7550 which I obtained by selling my car and buying something less expensive. I was assured this was 100% legal by both Keth and Greg.
The process was to obtain Arbitration awards from a company called Commercial Arbitration Forum. CRG then hired Tech Solutions based in Emmett, ID to outsource the award confirmation process. Tech Solutions used Estella Tan Bushnell & Associates a law firm in San Mateo, CA to supposedly obtain judgments for each award. This process was to take 3-5 months.
As of right now I have 4 worthless arbitration awards and am paying on all 4 accounts in excess of my monthly mortgage. My once excellent credit is now trashed, there is one Judgment against me and one that has been stayed as long as I pay. Every attempt to contact Keth, Greg, Nick or anyone at CRG or GFS has been ignored. In my last contact with Keth he told me to file for bankruptcy, he also told me that any attempt to sue CRG or any of its employees would be fruitless as they would just file bankruptcy themselves and not pay. After hiring a lawyer and doing some digging we have found that this is a scam that has affected many people across the country. Here are 4 resources:
http://badbusinessbureau.com/Credit-Services/Capital-Resource-Gro/capital-resource-group-greg-b-ACQ9D.htm
My lawyer has also found another victim in Pasco, WA. These are just a couple of people who have come forward, there are hundreds and maybe even thousands more out there who have been scammed by Greg and Nick. Jay Neeley at Tech Solutions told me that he had over 900 awards sent to him in one batch from Greg. I am including all contact information I have for every person and company involved in this scam. Be ware of these people! If you read this and have been scammed by any of these people or know of someone who has I encourage you to report it to all your local authorities as well as any federal authority that will listen. These people need to be stopped and to do that we victims need to speak out.
Greg Barrett is currently employed at
Global Financial Solutions
Bellevue, WA
Office #: 425.821.6300
Cell #: 206.650.0594
Jay Neeley
Tech Solutions, LLC.
828 S. Washington, #117
Emmett, ID 83617
Office #: 208.398.8845
Michael Burgess
Estella Tan Bushnell & Associates
210-A S. Delaware Street, #314
San Mateo, CA 94401
Office #: 650.704.8822
Keth Crotty
215 South 195th Street
Seattle, WA 98148
James
Kent, Washington
U.S.A.
sorry, allowing you to give a competitors name would instigate others to just file against their competition, to only come back later to suggest their company your comments on this policy are welcome! CLICK here to see why Rip-off Report, as a matter of policy, deleted either a phone number, link or e-mail address from this Report.
In early 2003 Keth, a friend of mine, approached me with a debt elimination process. Keth was working for Greg Barrett and Nick Rozell at Capital Resource Group(CRG) now Global Financial Solutions(GFS). Because he was a friend and I was in a bit of financial distress I accepted this offer and signed a contract to hire CRG to perform a debt elimination for me. There was an upfront fee of $7550 which I obtained by selling my car and buying something less expensive. I was assured this was 100% legal by both Keth and Greg.
The process was to obtain Arbitration awards from a company called Commercial Arbitration Forum. CRG then hired Tech Solutions based in Emmett, ID to outsource the award confirmation process. Tech Solutions used Estella Tan Bushnell & Associates a law firm in San Mateo, CA to supposedly obtain judgments for each award. This process was to take 3-5 months.
As of right now I have 4 worthless arbitration awards and am paying on all 4 accounts in excess of my monthly mortgage. My once excellent credit is now trashed, there is one Judgment against me and one that has been stayed as long as I pay. Every attempt to contact Keth, Greg, Nick or anyone at CRG or GFS has been ignored. In my last contact with Keth he told me to file for bankruptcy, he also told me that any attempt to sue CRG or any of its employees would be fruitless as they would just file bankruptcy themselves and not pay. After hiring a lawyer and doing some digging we have found that this is a scam that has affected many people across the country. Here are 4 resources:
http://badbusinessbureau.com/Credit-Services/Capital-Resource-Gro/capital-resource-group-greg-b-ACQ9D.htm
My lawyer has also found another victim in Pasco, WA. These are just a couple of people who have come forward, there are hundreds and maybe even thousands more out there who have been scammed by Greg and Nick. Jay Neeley at Tech Solutions told me that he had over 900 awards sent to him in one batch from Greg. I am including all contact information I have for every person and company involved in this scam. Be ware of these people! If you read this and have been scammed by any of these people or know of someone who has I encourage you to report it to all your local authorities as well as any federal authority that will listen. These people need to be stopped and to do that we victims need to speak out.
Greg Barrett is currently employed at
Global Financial Solutions
Bellevue, WA
Office #: 425.821.6300
Cell #: 206.650.0594
Jay Neeley
Tech Solutions, LLC.
828 S. Washington, #117
Emmett, ID 83617
Office #: 208.398.8845
Michael Burgess
Estella Tan Bushnell & Associates
210-A S. Delaware Street, #314
San Mateo, CA 94401
Office #: 650.704.8822
Keth Crotty
215 South 195th Street
Seattle, WA 98148
James
Kent, Washington
U.S.A.
sorry, allowing you to give a competitors name would instigate others to just file against their competition, to only come back later to suggest their company your comments on this policy are welcome! CLICK here to see why Rip-off Report, as a matter of policy, deleted either a phone number, link or e-mail address from this Report.
2 Updates & Rebuttals
James
Kent,Washington,
U.S.A.
Thanks for your reply
#2Consumer Comment
Thu, January 06, 2005
Matt, Thank you for your reply. It is great that there are people in the finance world reading these. Please understand that I deeply regret doing this but at the time it seemed like a viable option. To make it worse Keth WAS a friend so I had no reason not to believe him. I know better now and am making it a personal mission to let everyone know about this scheme. There are hundreds if not thousands of people across the country who have fallen prey to this company. If you know of anyone else that has been scammed by Capital Resource Group or any of the names mentioned above please encourage them to file complaints with their State Attorney General along with the Washington State Attorney General, BBB's in both states, the FTC which has a file on this company, the US Department of Justice and the FBI Fraud division. Thanks,
Matt
Phoenix,Arizona,
U.S.A.
if there was really a program that would allow you to file for arbitration to get out of your bills don't you think everyone would be doing it?
#3Consumer Comment
Wed, January 05, 2005
i am in the finance world and have heard story after story about these types of companies and what always strikes me is odd is that people actually fall for it. if there was really a program that would allow you to file for arbitration to get out of your bills don't you think everyone would be doing it? you know the old saying "if it is too good to hbe true..." i wonder did you try to get one of these "arbitration" awards against your mortgage company? or the lein holder on your auto loan? of course not! you sound like an intelligent person and i am sure that you knew this was "shady" at best from the get go. now a possible soultion, if you are able to get a lump sum and your accounts are in collections you can negotiate a lump sum settlement and pay less than what you owe. you need to make sure that you play the "victim' role when you are talking to ehm because banks are gettinhg tired of this type of scam, which in reality is a rip off itself. Good luck and remeber that your credit cards and retail accounts are CONTRACTS and will never just go away.
