- Report: #1293101
Complaint Review: Damon Cox LLC - San Ramon California
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Damon Cox LLC
1602 Banbury Dr San Ramon, California, USA
Phone:
8056948624
Web:
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Damon Cox LLC Fraudent Lender/Private Money Scam San Ramon California
Damon Cox is a scam! No matter how you were referred to him, do not use him! He will approve any loan you apply for. First, he will tell you as collateral, you are required to pay PPI insurance in case of default, but will not provide you with any information about the insurance company issuing the policy. That should have been the first red flag.
If you wire the money for the insurance, he will say things are progressing along nicely when all of a sudden, there will be another unecpected expense - this time he says you owe AFR taxes becuase the loan is taxed as income. Luckily, I wa smart enough to at least realize at this point that this guy is full of crap. My thoughts were either 1) he is a lender who obviously has no idea what the heck he's talking about or 2) he's trying to rip me off. I asked him to confirm his information because I know what the AFR is and it did not apply here. He simply responded with yes it does.
It was at this point I decided that whatever the reason was he was expecting me to pay the AFR, I didn't want to work with him. I asked for a refund of the funds paid and surprise, surprise, haven't heard anything back since. He was responsive with calls, emails, and any questions until I started asking for a refund.
1 Updates & Rebuttals
Damon Cox
SAN RAMON,California,
USA
Scam yes, but not by Damon Cox
#2REBUTTAL Owner of company
Thu, March 17, 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
