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  • Report:  #1445532

Complaint Review: Jack Maple - West Hollywood California

Reported By:
CS - Singapore, Singapore
Submitted:
Updated:

Jack Maple
8605 Santa Monica Blvd West Hollywood, 90069 California, United States
Phone:
3104671691
Web:
www.atlasholdingsintl.com/
Categories:
Tell us has your experience with this business or person been good? What's this?

I engaged Jack Maple to help me source for a loan for the purpose of debt consolidation.

Jack Maple is good with his words before he earns your retainer (charges me USD$5000 a month).

He will make the following claims before you signed the retainer agreement with him:

1) I have seen your case, and I know the contacts to make the loan happen.

2) I have identified the right people to invest in you after the loan happens.

3) I am different from other middleman, because I am way above them.

4) I am very familiar with your industry because I have done it before.

5) I have already talked to them and I am confident we can do it.

He ripped me off with the following:

1) Charges me a personal visit of 5 days but I need to pay him $8000 USD. He did come but guess what, I can only see him for an hour. His actual intention is to use my money and come over to my country for other personal reasons. I am the last on his agenda.

2) He claims that my case is difficult AFTER I started paying him and that he has to work extra hard for me, and has to forfeit other cases for mine. For that he will have to charge me in advance for the retainers. Yes, he has the right to change the terms of the retainer as and when he sees fit, even though I am his paymaster.

3) He preys on your dependency on him, and threatens to leave the project if he does not get paid on time, and I mean on time. He bills way in advance and I have also paid on time.

4) He claims he is working very hard, dealing with thousands of emails 24/7 for my case but in the end, he tried to put my case up with a local lender in my same country, and when they fell through, he tried to introduce me to a scammer from US. He told me I am on my own with this scammer and he is not responsible in any way. Why should I get a foreigner to find loans locally when I can do so myself and to resort to introducing me a scammer and trying to shirk off all responsibilities, is that the kind of work he is good for?

5) His mannerisms changes the moment you start paying him. He becomes extremely obnoxious, thinking the world of himself and expects you to listen to him. He dictates when he is available for calls and he can go on radio silence for days if he wants to. Bascially he calls the shots.

6) Worst of all, he "volunteered" to have a word with my existing creditors to discuss on a restructuring sort of plan when he failed to deliver his side of the agreement, but I found out that he actually wanted to have their contacts so that he can expand his network and use them for his other clients. I was made known after one my of creditors contacted me. Instead of helping me, he made use of me. Yes, he did not even bother to negotiate with anyone of them at all as per his promise.

I demanded that he provides a proof of work and his itinerary for his trip here, but to no avail. Avoided me throughout.

For 3.5 months, that's all that he can give.

Is he worth $5000 USD a month or is he worth only $5?

Beware of Jack Maple. He will promise you the skies to get your retainers.



3 Updates & Rebuttals

CS

Singapore,
Singapore
Article removal

#2Author of original report

Tue, February 19, 2019

In case there are questions on the link to point 4, subsequent discussions of that article thereafter had been ordered by the Court of law to be removed as its untrue and defamatory. Any one can check the link out. The owner of the blog had seen the Court order and complied accordingly too.


CS

Singapore,
Singapore
Let others decide

#3Author of original report

Mon, February 18, 2019

Drop the pretence Jack Maple. Facts are facts.

With regards to your point 1: it’s a normal editorial which featured success stories for p2p platform lending then. It’s a sign of the company’s legitimacy and growth. Due diligences were done by the p2p platform before loans were disbursed.

With regards to your point 2: The company then over expanded and faced a cash flow issue. Borrowings were high. This is normal in the business world, especially when funds were under projected. Mistakes in calculations happen too even for the most experienced businessman. Till that is resolved or mitigated through the help of investors, new book orders will not be able to come in. That’s why investors must be sought and you were engaged for such a purpose. The company books had been audited for years and the assets and liabilities were laid out clearly for you to decide if you can help, before even the 1st retainer was paid out. Will anybody pay $5000 a month to a 3rd party just like that before ascertaining to some level of certainty that the service provider is confident of getting the work done?

With regards to your point 3: None of the creditors were given a plan on your so called “revised repayment plan” on the company’s behalf. This is a complete and utter fabrication on your part here! I think the one committing the smear job was you. Why? Because after the scammer report has been filed with the banks, with all supporting evidence, the banks investigated and the payments to you were all duly recalled. That’s a clear sign that something went very wrong on your side.

With regards to your point 4: Can audited financials be fake? Sending out to family members? Since when did I want investment from my family members? Did you mix up other cases with mine? The weblink you provided was a discussion back in 2015 and we used that platform for numerous success cases after that. If it was a case of concern then, I don't think your services could be engaged throughout 2017.

I have stated the facts and do not wish to continue this banter any further.


Jack

West Hollywood,
California,
United States
Smear Job

#4REBUTTAL Individual responds

Mon, February 18, 2019

These claims are false: This company is Olive Green olivegreen.com.sg - which is now defunct and filed for bankruptcy. The individual is Aloysius Cheong - straitstimes.com/lifestyle/getting-a-business-loan-in-two-hours We signed his company and him in January 2017 with a set of due diligence documents that were false.

In February 2017 - We learned that he was in debt in excess of $3Million USD after we introduced an investor that was looking at investing $6Million USD into the company. During this time we found out that he owed the following companies money: - ICS Funding - Singapore - Reachout Capital - Singapore - NorthStar Capital - Singapore - Moolahsense - Singapore - Capitall Pte Ltd - Singapore - SG Cash Pte Ltd - Singapore - Eykore Pte Ltd - Singapore - Capital Match - Singapore - FundTier - Singapore - Incomelend - Singapore - DBS - Singapore - UOB - Singapore - Private Investors - Singapore/China - Relatives - Singapore/China We tried to help him renegotiate all this debt to a lower amount.

Some of the above people agreed to that lower amount, but he would not agree to paying them off. During this time he was paying our company with his credit cards. In April 2017 , he cancelled his contract with us. He then filed for bankruptcy. At this time, his banks for his credit cards then recalled all the payments made to us and we were left paying the bills of over $26,000 USD.

Aloysius Cheong and his wife Cheryl Leo created fraudulant documents and not only sent them out to investors, but also their family members. Now they are saying that we are not ethical. This is clearly a "smear-job" on us. Have a look at this article on how he was "borrowing from Peter to pay Paul" letscrowdsmarter.com/borrowing-from-paul-to-pay-peter-lenders-beware/ People were warning investors about this guy and his now bankrupt business.

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