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  • Report:  #1271784

Complaint Review: Chase Capital Advisors - Palm Beach Gardens Florida

Reported By:
Joe - St Simons Island, Georgia, USA
Submitted:
Updated:

Chase Capital Advisors
6231 PGA Boulevard, zsuite 104 Palm Beach Gardens, 3341891 Florida, USA
Phone:
917-831-4101
Web:
Chasecapitaladvisors.com
Categories:
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Jerry Sager of Chase Capital Advisors indicates he is part of J P Morgan Chase, he will write you a LOI offering to lend you several million and reguire that all the escrow deposits have to go into a J P Morgan Chase bank.

He will reguire a 1% good faith deposit and then after receiving it he will cover you up in request for documentation. In my case we paid the $67,500 deposit and then we provded all requested documentation and got a receipt for same.

We then demanded that Chase close on our funds and got a letter back from a California lawyer indicating that we had abandoned the loan. Nothing could be further from the truth. In fact we had to go out and secure a real lender and are working now to close on or before 12/28 to meet our deadlines.

What I have found out since:

Chase Capital Advisors has nothing to do with J P Morgan Chase.

Jerry Sager states that he has financed many golf courses and Hotels but I cannot find a single one that he has financed.

Jerry Sager states and Chase's web-site indicates that they are a direct lender. I cannot find anything that he or Chase has financed.

You cannot believe anything on the Chase web-site.



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