- Report: #1411648
Complaint Review: Hallmark Financial Limited - Basildon England / Essex
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Hallmark Financial Limited
Acorn House Basildon, SS141AH England / Essex, United Kingdom
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+44-793-704-3683
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Hallmark Financial Limited Qatari Family Fund David Hall Prepaid advances to acquire company loan- Loan never materialized Basildon England / Essex
RBC-Manager October 22, 2017 QATARI FAMILY FUND (QFF) -Sequence of Events 2017.09.16 This is a Diary of a suspected Funding SCAM! Early in 2017, I watched an interview presented by Bloomberg North, on a Hamilton, Ontario TV Station, CHCH. In the presentation, the interviewee described how a $100 billion Qatari Family Fund was available to U.S. and Canadian companies, for funding to help the Qatari Family diversify from relying on oil revenues and wanting to invest in business' worldwide in world worthy projects. I thought of our company and our goal of providing new to Canada, a building system for Canada's northern rural Indigenous communities desperately in need of replacement Homes, and might qualify for funding. I enquired, and, David Hall, of HALLMARK FINANCIAL LIMITED, indicated that he was an Agent of the fund, and to make an application for US$1M funding which we did. HALL replied that our company was qualified, and we began a series of upfront payments of fees required. 1st. and 2nd. prepayments (US$875 -C$1200.58) and US$1650-C$2231.76) wire transfers were made on Feb.6 and Feb.14 to SUNCOAST CREDIT UNION, 5655 6th Ave. N., St. Petersburg, FL.33710. A 3rd, prepayment of US$2000.00 -C$2741.20 was made on March 16, 2017, also to SUNCOAST CREDIT UNION. See attachments. On April 03, 2017, a 4th prepayment for more "fees” was made to NATIONAL WESTMINSTER BANK (NATWEST), 135 Bishopsgate, London UK of 1800 GBP -C$3144.42. A 5th prepayment on June 15 of 2250 Euros -C$3464.23 was transferred to ABN AMRO BANK, NV, Gustav Mahlerlaan 10, Amsterdam, Netherlands. TOTAL C$12782.19.
Since then, we have refused transferring more upfront fees although the CAPITAL INVESTMENT GROUP in Amsterdam, have repeatedly ask for continuing additional escalating prepayments of 12340 Euros for European Union Fees, and the latest from the CAPITAL GROUP in the US for C$5600. Funding FEES are common in securing commercial financing, but the above scheme has become, a 1 way only OUTGOING of deposit transfers. We believe that we have become victim of a fraudulent SCAM perpetuated by the above group’s participants as promoters of the QATARI FAMILY FUND. In our quest to find legitimacy of the QFF, I will request assistance from BLOOMBERG NORTH CHCH NEWS, whose TV interview started me on this ill-fated path leading to this scheme, as we attempt to find legitimate financing for our housing project. Since the QFF Fund appears a fraudulent scheme, I would like the assistance of RBC in our attempt to retrieve the above prepayments.
