Complaint Review: Ruben Ledesma Jr. - Sachse Texas

On November 5, 2014 Ruben Ledesma stuck his head out of the hole where he has been hiding for many months and showed up at a wine-tasting mixer meeting of TriCounty Regional Hispanic Chamber in North Texas.  He was ill dressed for the event and continually interrupted the speaker with inane comments.  The innocent speaker allowed Mr. Ledesma to join in the round-room introductions and the scammer could not keep himself from announcing that he could get loans in the amounts of hundreds of thousands of dolllars for any business in the room.  It was outrageous that Ruben Ledesma took the opportunity to once again purport to be a legitimate lender and professional of any kind to many unsuspecting people that night.  I still worry about the consequences that each of the "marks" may suffer from having listened and then allowed him to get their contact information, which is what I saw him do before he left.  Buyer Beware!

I have spoken to the person Ruben Took money from. Ruben is well spoken and writes well considering he was a prisoner in the Texas Department of Corrections. We all need to band together to stop this from happening to anyone else. We will never receive our money because this guy spends all he takes in. He doesn't have a pot to pee in. That being said, we need to stop him from moving and opening up another company in a different name. I'm looking into the female he is living with now. They came by my house in Houston to get money. She has to be in on this as well. If not, she's as stupid as he is crooked.

brian

(((redacted)))

I contacted Mr. Ledesma through a reputable company. He said he could raise $500,00-$700,000 for my startup when I only needed $110k. In the begining he seemed very nice and told me lines about all the people he was talking to and there should be no problem. He said he liked the idea so much that if he didnt get the money he would fund it himself. He asked for a $3000.00 retainer which I wired to him with him saying he would have funding with in 30 days. I am out the money and I don't even have money to pay my rent because he gauranteed me he would have the funds. He even said if he had to he would send me 10k at a time to help with salaries untill we got the whole amount. I have called him about 30 times with no response now. I have text him 20-30 times with no response. I have a great business idea, and now I can't even pay my rent because of him. He seemed nice, but I have to agree with the first person. He forgets all about you. Would you gladly pay me back my $3000.00 I sent to you? You know who I am. I would love a response. It would be the first I have received from you.

Brian McCular

832-213-9090

You are the most despicable person. You stole from me a total of ten thousand dollars three years ago. As you are aware you have a criminal case in Houston since 2012 when you moved. I won’t stop pursuing you until I have my money back.

I am the managing member of The Advancement Group Investment Fund, LLC.

I was part of a group called Reciproty.  I am Past President of the Mesquite Hipanic Chamber of Commerce.  As well, I am Past Vice-President of both the Farmers Branch/Carrolton Hispanic Chamber of Commerce and the Allen Hispanic Chamber of Commerce.  All are part of the Tri-County Regional Hispanic Chamber of Commerce.  I have been involved with Hispanic Chambers of Commerce within the state of Texas off and on for the last 23 years,  I do not derive any credentials from any of those reputable non-profit groups.  I have derived great benefit from the wonderful relationships that were formed as a member and when I was part of the leadership. 

I must say that I am taken aback.  The individual that makes these claims against me has never made him/herself known to me.  I am sorry that I cannot defend myself without knowing who this person is.  I will say that I would gladly refund $500.00 to make that person whole if I owed a refund of this application fee. 

I have been in the lending industry and have rufunded applications more often than I can remember.  I did this out of compassion for the people I tried to help as a residential lender.  I have always made sure that when I receive an application fee that the business borrower understands that fee is non-refundable.  If the information I receive is not as it was represented, a loan request will be denied.  When preparing to accept an application fee, I will ask a second time to ensure that the information that they are verbally providing about their credit and income will be confirmed in the written format. I do this to ensure they understand that the application fee is non-refundable.

I can understand this person's frustration.  I am not one to make excuses. I can think of only one individual that has given me an application fee in the last six months for the amount of $500.00.  I will not disclose his name, however, I will contact him directly to confirm that this is a report he filed with Ripoff Report.  I will attempt to discuss any issues he may have with The Advancement Group Investment Fund policy regarding its application fee to get him/her that this was what I made clear to him/her.

I would like to address the statement, "Because:  He steals personal information on the application materials and never returns them, he may be involved in personal identity theft! Don't do business with any organization he is related to, they are all corrupt."

I have been in and around the lending business for over 23 years.  I have always protected a client's social security number, personal and business tax returns, personal and business bank statements and personal and business financials.  Compliance requires this.  Let me clearly state, "I have never been accused or convicted of stealing anyone's identity. Identity theft would be the cause for being banned from lending for life." 

For the record, as a private money lender, I make it a practice to keep any and all documents submitted with a funding request. I do this to protect myself should an individual or small business owner decide to pursue litigation against my firm or me for unfair or discriminatory lending practices.  The loan submission and supporting documents are used to show proof of my lending practices.

Most importantly, my response  would be to defend my position as a member and part of the volunteer leadership of Hispanic Chamber Organizations.  I have not seen a charter of a Hispanic Chamber revoked by any state where the chamber was incorporated or the non-profit status of a Hispanic Chamber of Commerce revoked by the IRS.  I know this to be inflammatory and an untrue statement. I  can boldly say that these organizations are not corrupt.

I can understand that in the heat of the moment, saying something to this effect is possible because of unchecked emotion.  I am sorry that this person feels this way about me and feels the need to make false statements about the Hispanic Chambers where I have been a  member or in leadership positions.

Respectfully...