- Report: #1292966
Complaint Review: Damon Cox LLC - San Ramon California
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Author Not Confirmed
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Damon Cox LLC
1602 Banbury Dr San Ramon, 94582 California, USA
Phone:
8056948624
Web:
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Damon Cox LLC Damon Cox Real Estate Private Lender FRAUD/SCAM San Ramon California
I was referred by Chloe Oreily from the website Private Money Gold Mine.com she told me to contact her partner Damon Cox LLC to obtain a real estate private lender loan. I contacted Mr Cox and he asked for the details of the real estate deal. After reviewing the terms of the deal he said he would need my bank statements, business articles, passport and tax id to determine eligibility. 24 hours later I received an email indicating he could provide a non secured loan for $250k as a business start up, however to secure the loan I would need to purchase PPI insurance. He then sent me the loan docs to sign and schedule closing of the loan in 24 hours. I was then emailed back that I would need to wire the 1.5% of the loan amount to obtain the security which is the PPI and cost is $3750. I did inquire about the insurance company and terms. He then insured me that they are the lender and has the money and make the rules. After careful consideration I went to the bank to wire the funds for the PPI after reading the terms of the contract that indicates full refund if funds are not disperse. After the funds were wire, Mr Cox contacted me for the wire confirmation to schedule the closing. After Mr. Cox received the wire I inquired about closing and he informed me that know I would have to pay an additional 13K in AFR taxes before they can now schedule closing. I then informed in that it was not in the contract and I am not paying another dime and to send my refund back to me. He then said he would have his attorney draft a disclaimer and send me my money back. that has not been done and he is not answering phone calls or emails.
1 Updates & Rebuttals
Damon
SAN RAMON,California,
USA
Scam yes, but not by Damon Cox
#2REBUTTAL Owner of company
Fri, April 01, 2016
I have posted the same response to a similar report:
You are correct in many ways, unfortunately you were scammed by someone CLAIMING to be Damon Cox from Damon Cox, LLC. But I am the real Damon Cox who lives at the address that the scammer claims is his business address, and I own Damon Cox, LLC but have NEVER posed as a lender or ever claimed to be a lender. I am also a victim, and have contacted the FBI's internet crimes division. I have also filed a police report in San Ramon where I actually live and they plan to contact the LAPD because if you check the area codes of the 2 numbers this fraud is using they are in the Los Angeles area.
If you look up the address on Google maps you will see a house (mine) that clearly is not an office which the scammer has a picture of on his fake LinkedIn account which I have also asked to be taken down. The real Damon Cox, LLC is a simple holding company for a few rental properties that I own, one of which is in NV.
The (805) and (818) are code phone numbers are his, not mine, and nowhere near San Ramon
The [email protected] and [email protected] are his, not mine
One victim said the fake information was provided by a a member of a website where the member has since been kicked off, but all of the true information about me is public information, so anyone can find it and apparently persuade people to wire upfront $
There are 3 victims that I am aware of and I hope just as much as you do that this fraud is caught and punished!
So to all who see this, Damon Cox LLC is NOT a lending institution, never has been, and never will be. Do NOT do any business with the person claiming to be Damon Cox because he is NOT Damon Cox, and it is a fraud.
FBI IC3 Complaint Id: I1602191714306392
San Ramon Police report: 16-638
I've also requested the BBB to take down the false listing he put up with his (805) number
I'm truly sorry for your loss, and I am fighting this as hard as I can as well. One known victim is US armed services, and another elderly, so this slimebag is really the lowest of the low
