- Report: #1473503
Complaint Review: Corban Capital Partners LLC or Kraig Danielson - Leesburg Virginia
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Author Confirmed
Why?
Corban Capital Partners LLC or Kraig Danielson
525K East Market Street, #166 Leesburg, 20176 Virginia, United States
Phone:
(703) 771-9109 x 212
Web:
www.corbancapital.com
Categories:
Business Rating:
(0)
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Corban Capital Partners LLC or Kraig Danielson Corban Capital II, LLC; Corban Tower Holdings, LLC Failed to fund loan, will not return deposit paid. Leesburg Virginia
Kraig Danielson and Corban Capital Partners, LLC stated they could secure funding for a real estate project. Danielson represented that he was “Managing Director” of Corban Capital Partners, which funded real estate asset-backed loans. He explained his company had a “billion dollars that is available,” and some of which is liquid, “between a hundred and two hundred million that is available for investing.” He represented he was with a large company with significant assets and he could finance the loan through his company within 30 days.
We paid a “Good Faith Deposit” of $12,500.00 for a loan that Corban stated they themselves would finance. Danielson represented that this Deposit would be used to pay due diligence expenses, which he claimed were necessary to proceed to settlement. After pocketing the Deposit, Danielson claimed that he had hired the necessary vendors to perform due diligence in order to proceed to settlement within a couple of weeks.
Corban and Danielson did not fund any money as contemplated. We later learned that Corban failed to hire or pay any vendors as repeatedly represented, and that his office operated out of a United Parcel Service (UPS) postal box. Mr. Danielson and Corban committed fraud and perjury, made material misrepresentations, and is guilty of committing an “Advance Fee” fraud scheme.
1 Updates & Rebuttals
Joe
Dallas,Texas,
United States
Collections Guy
#2General Comment
Thu, February 14, 2019
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