- Report: #1498728
Complaint Review: Johnson Private Lending - Northglenn Colorado
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Johnson Private Lending
11801 Washington St. Apt# I307 Northglenn, 80233 Colorado, United States
Phone:
513-466-0484
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Johnson Private Lending Peter Alan Johnson Johnson Alan P A Johnson Accepted money under false promise Northglenn Colorado
Report Attachments
Final loan agreement-redacted
Johnson Alan of Johnson Private Lending first contacted me back in February 2020 through the website Invstor.com. My company is new and in search of funding. Johnson reached out and began a conversation. Over the coming weeks Johnson and I discussed loan options but were never able to agree on anything, he wanted $70,000 for closing costs, so I passed and continued my search. Johnson continued to remain in contact, about once a month. In late July 2020 Johnson contacted me again and mentioned he may be able to structure the loan so that I could cover the closing costs.
We negotiated for several days and agreed upon an amount, $500. I paid that amount as I agreed but Johnson came back and said the was another amount to be paid, $300. I paid the second amount also. Johnson came back again claiming some other fee needed to be paid, $600. Each time promising that there was no other fee's or hidden costs. Reluctantly, I paid this "last" fee. Again, no funding was transferred. At this point Johnson came back with an absolutely bogus claim saying and "excise tax" needed to be paid for a business loan. I knew it wasn't true. I told him to put his words in a legal binding agreement that my legal counsel could review and if everything looked OK, we would sign it and move on.
The agreement said in generic terms that all money paid would be enough to cover the closing costs and if the lender wasn't able to fulfill any part of his agreement, he could be held criminally liable for any cost's or damages. Johnson, under contract agreed to fund the loan by 10am 8/12/2020, the next morning. Again, Johnson failed to keep his word which is now on a legally binding contract signed by both parties. I've attempted to reach Johnson on more than several attempts, to no avail. It is my personal belief that Johnson is running a fraudulent funding company with the sole purpose to collect monetary gain under false promises.
1 Updates & Rebuttals
Robert
Irvine,United States
You ran this by your legal counsel?
#2Consumer Comment
Fri, August 14, 2020
If you ran this by your "legal counsel" and they told you to pay this person, you need to have a serious talk with them ASAP.
This is a VERY typical Scam called an "Advanced Loan Fee" Scam. Legitimate loans will take things such as taxes or fees out of the loan amount. They will NEVER require you to pay for things up front, with the minor exception of sometimes if you are looking at secured property to pay for an appraisal.
Sorry but you are never going to find this person, because nothing they gave you is real. All you had to do was do a simple search on the phone number. The area code belongs to an Ohio number, so why do they have an address in Colorado? Also, why would a lender who can put together 7 Million dollar loans have an apartment as an office? Not even COVID can explain that one away. Then you also have to wonder why they were using a free e-mail address ANYONE can get?
The answer to this..the address is just some address they pulled at random. The phone number is just some spoofed VoIP or burner cell phone. As they are not in Colorado, not in Ohio, in fact they are likely not even in the US. Which makes tracking them down next to impossible. Oh and don't think any law enforcement agency will take the time to go after them...they won't. The best you may get is to have a report taken and a "Well we will see what we can do", right before your case goes into the bottom of a very big case load.
I'm not even going to go into the numerous grammatical issues on the "agreement".
The point. Again, NO legitimate company will ask for money up front for a loan. Especially if they ask for it through a wire, pre-paid debit cards, or Western Union/Money Orders. As all of those are just like handing over cash, which you won't get back. Because this person or people like them will be back just with a different name.
