- Report: #1491941
Complaint Review: Global Economic Development Group LLC - Tampa Florida
Reported By:
Karla -
Washington, District of Columbia, United States
Submitted:
Updated:
-
Author Confirmed
Why?
Global Economic Development Group LLC
3307 Black Gum Court Tampa, 33618 Florida, United States
Phone:
813-830-1259 813-830-125
Web:
NONE
Categories:
Business Rating:
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Global Economic Development Group, LLC Donald C. Brennan, Ph.D. ScD -President Carol Berg - Chairman Refusal to refund the refundable fee they collected for seeking funding for our company that they failed to accomplish. Tampa Florida
In May 2019 the Global Economic Devt. Group LLC and our company signed an agreement and I paid the refundable fee in the amount of $5000.00 to Donald Brennan and Carol Berg for the purpose of obtaining funding for our company. After several months of waiting and him sending us documents that seemingly attested that funding is imminent we started checking on its authenticity but discovered that the loan document that Donald Brennan sent us was fake confirmed by the company that he presented to us.
We were told that they do not recognize the name of the person who allegedly signed the document and that they never heard of Donald Brennan either. Donald Brennan also told us that there is a bank in NY who is willing to fund but it never happened. In the fall I started asking Don Brennan to give me the refundable fee back but he consistently said that it will be coming and that in the meantime he will give my company a bridge loan from his own funds to tide us over while waiting and it never happened either.
When i sent him a certified registered letter in addition to my email and texted demands for the return of my brokerage fee while someone signed the receipt card it was scratched over and then returned to me unopened by the Post Office.
Based on these circumstances it is evident that Donald Brennan and Carol Berg are not operating in good faith in that they misled us into believing they have the capability of getting funding but obviously cannot and now refuse to return the refundable fee. This is wrong and not acceptable.
1 Updates & Rebuttals
Stopthecon
Alberta,Canada
STAY AWAY!! Donald (Don) Brennan is a Con artist!!
#2Consumer Comment
Thu, February 20, 2020
I can totally relate to this posting! Our company was referred to Don (Donald Brennan) as a broker who will help us obtain financing. After sending our business plan and pro-forma tables to him, he immediately sent us a sheet and requested his $5000 (U.S) refundable diligence fee to complete the process, he started with his stories on sovereign wealth funds, access to UAE funds, Bank of China and also a hedge fund out of New York (who were all competing for our business).
His stories did not stop. Every other day from then he continued to lie and say that our term sheets are coming (or his famous word 'imminent'). He started sending pictures of himself in a hospital getting blood transfusions. Stating his no call backs were due to health. After about 3 months of listening to his BS, I immediately requested a refund of our fee. This was another disaster. The stories now started about how he informed his lawyer, the lawyer will refund this right away and how he is 'working' on refunding the funds e.t.c (Which to this day over 6 mths later still has not showed up, no communication)
Please stay FAR away from this con man. This guy takes advantage of people's hard earned money and falsifies documents. He is a FRAUD! I seriously think he has mental issues
Don Brennan (Donald) what goes around comes around and I hope legal authorities and or goverenment organizations catch on to your cheating ways
