My office contacted Bob Spar with Delta Aircraft Finance in May 2011 about a loan for an airplane that we were purchasing. Several different loan products were presented and my office wire a "refundable" $5,000 deposit to Delta Aircraft Finance in mid May 2011. It became apparent that Delta Aircraft Finance was not going to come through with a loan product we selected by late May 2011. We requested a refund of the deposit in Early June 2011.
We received several email assurances from Bob Spar from 6/10 to 6/21/11 that the refund was forthcoming. By early July 2011 we referred the matter to our attorney since the refund had not arrived. Bob Spar again told the attorney that a refund would be sent but again, it never came. A lawsuit was filed and we have since received a default judgment against Delta Aircraft Finance.
This company and Bob Spar are "ripoff" artists and should not be in business.