- Report: #514728
Complaint Review: Dellovo Capital - Lexington Massachusetts
Reported By:
DellovoCapitalScam -
Las Vegas, Nevada, USA
Submitted:
Updated:
-
Author Not Confirmed
Why?
Dellovo Capital
394 Lowell St., Suite 13 Lexington, 02420 Massachusetts, United States of America
Phone:
7812749800
Web:
http://dellovocapital.com
Categories:
Business Rating:
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Dellovo Capital, Dellovo Financial, Ray Dellovo, Raymond Dellovo, Harry Saul, Erik Dellovo. The TRUTH about Dellovo Capital Lexington, Massachusetts
Since 2006, eight (8) complaints have been filed against Dellovo Financial (aka Dellovo Capital) with the Massachusetts Attorney General's Office Consumer Complaint and Information Section. To Verify Complaints call (((redacted))).
Dellovo Capital is NOT a lender. Dellovo Capital is a brokerage firm that shops your loan packet to dozens of potential lenders.
Their LOI promises a guaranteed return. However, they will NOT return your money!
Dellovo Capital to date has taken ten of thousands of dollars from individuals.
2 Updates & Rebuttals
Scammed Investor
winston-salem, nc,North Carolina,
USA
2/16/11 Scam for $15k
#2Consumer Comment
Tue, April 05, 2011
Ray Dellovo claims he has changed his ways. He hasn't ... Dellovo Capital is a Scam.
Here is an email that was received on 2/16/11 -
Hello,
Need more info on this problem as I know someone who is
trying to get her 15k returned from them.
Regards,
Barry
Dellovo Capital Corporation
Lexington,Massachusetts,
USA
DCC Complaint Response
#3REBUTTAL Owner of company
Wed, February 10, 2010
Dellovo Capital Corporation (DCC) - In response to blog complaints:
It has been brought to our attention that a select few individuals have taken the action of posting defamatory content regarding our corporation on several internet blogs. We invite any individual that questions the legitimacy of these complaints to contact us or the Massachusetts Attorney Generals office directly. We are happy to provide references of monies that have been refunded, as well as discuss why money was not refunded in certain circumstances. For 23 years we have operated at the highest level of integrity in an industry that has come under intense scrutiny in recent years.
Due to these unfortunate events, DCC no longer offers a refundable deposit and no longer centers its operations around the brokerage of commercial loans. DCC has recently been approved by two of only 25 national direct MAP lenders as a Direct Correspondent Lender to offer HUD, FHA, USDA, Fannie and Freddie products in the commercial mortgage marketplace. Please inquire for more details.
Ray Dellovo
781-274-9800
