Complaint Review: Samba Financial Group USA Escrow & Consulting - Nationwide

Casiraghi, as he became known to my former client, had my client deposit $2M USD into Samba Bank supposedly as escrow for purchase of Letters of Credit. End result, money gone... and after leading him on a merry go round for months, he finally told him "Too Bad" you are not getting your funds back.  The feds got him within the year... One more con man off of the streets!

Anybody who would even remotely suggest that these scumbags are legitimate should be in jail with them. Sal Carpanzano is currently in jail, arrested in front of his family on Thanksgiving day in front of his family and deserving of the worst-of-the-worst. The people he stole the money from were hurt and he didn't give a d**n. Even now, in jail, he doesn't give a d**n. That's ok. Good luck Sal

http://www.lohud.com/story/news/crime/2014/11/29/scarscale-businessman-charged-fraud-scheme/19687571/ WHITE PLAINS – A Scarsdale businessman is facing federal fraud charges for allegedly bilking investors out of $4.6 million through a phony escrow company, according to a criminal complaint filed in U.S. District Court. Federal prosecutors said Salvatore Carpanzano, 55, falsely claimed to be the representative of two companies, including a legitimate bank in the United Arab Emirates, to draw cash from three groups of investors. They thought their money was going toward an assisted living community in Arizona and a film called "Mob Street." Instead, prosecutors said Carpanzano, who also went by the alias Salvino Casiraghi, pocketed the cash in a series of schemes that ran from December 2011 to earlier this year. In one case, prosecutors said Carpanzano claimed to be head of the U.S. affiliate of Samba Financial Group Escrow & Consulting Services. Using an office address in Valhalla, he allegedly collected $2.7 million from five foreign investors for the assisted living project — but the money later disappeared. "Carpanzano used substantially all of the $2.7 million for his own personal use, including for cash withdrawals, wire transfers, and to pay personal expenses," according to the complaint, which was unsealed Monday. In another case, Carpanzano claimed to represent a company called Treasures FZE, and collected more than $1.8 million from investors in a mafia-themed movie called "Mob Street," the complaint said. Carpanzano was arrested by federal agents on Monday as he entered the Westchester County Courthouse in White Plains on an unrelated domestic violence case involving his estranged wife. He remains free on $100,000 bail in that case, and is free on the federal case pending a bail hearing on Dec. 24. His lawyer, Bruno Gioffre, would not discuss details of the federal fraud complaint, but said that "the language in the escrow agreements seem to suggest a defense in which the people, the alleged victims, defaulted on the agreements, so there would be a legal right to" the money that they entrusted to Carpanzano.

I am an attorney at a large international firm, Our client came to us with a transaction that they were involved in with Samba Financial Group USA and their escrow was held with Leumi Overseas Trust and Escrow. This transaction was instituted by Mr. Carpanzano, Mr. Casiraghi and Mr. Levi. During our DD stage we noticed the Ripoff Report. Our firm advised the client to terminate the agreement until we could verify whether these accusations were accurate or not.

Well I decided to comment on this for one simple reason, our firm almost lost our client.

After 2 weeks of unwinding all the negative press about these groups, we found the following to be true.

Mr. Carpanzano is exactly who he says he is: Mr. Casiraghi is who he says he is:  They are both very arrogant.

Mr. Levi needs no introduction at all, if you know your global financial history.

The association between this Samba USA and Saudi Samba is a relationship between two parties that have elected to keep Samba USA and Samba Saudi totaly separate.They are not the same.  They are two separate entities. They engage in some business together but it was originally an agreement made with Levi and Samba USA to see what amount of penetration of private lending could be accomplished in the USA within 5 years. 

Any company lending money in todays economic climate will suffer disgruntled clients and will have lawsuits. Also, no client is going to file a complaint and state in their complaint that they were wrong, they will always place blame on the defendant. JP Morgan, Wells Fargo, B.O.A. all have hundredes of lawsuits. This company has only 2 in 8 years, that is an outstanding track record.

The Leumi Overses Trust & Escrow Association comes from the groups distrust in lawfirm escrows and Big Bank escrow services. Leumi Overseas is an approved third party escrow, with NO affiliation whatsoever with Samba USA, Levi, Carpanzano or Casiragh.Tthat was approved by the board of all the funding entities and rightfully so, its their money.

Furthermore, we looked into Steve Ferguson, the author of the reports, claiming that these groups are frauds and that the email from the Al Fattan group was fraudulent as well.

Mr. Steve Ferguson turned out to have a history that would shame Bernie Madoff. We were able to track him back 6 years. We found countless complaints filed in 3 separate states, with convictions, for everything from insurance fraud to investment fraud. In addition, we found he is known around the broker world as nothing but a fraud. He is connected to two groups that fancy themselves lenders. 

We came to this conclusion:. If Steve Ferguson told us that it was hot in Mexico, we would pack a sweater and long johns.

We found the office of Samba USA in Rockefellar Center but were denied access as well as offices in  Danbury CT. and White Plains, New York.

WE found: Samba USA to be a fully funded, strong, reputable, international group with a very impressive track record and a very arrogant director.

We found: The example of the lawsuit given was EB5 funds transferred to Samba USA and then turned over to the proper authorties by Samba USA due to the fact that they were miappropriated by the group that sent it. Samba USA did not waste time or money with that groups frivolous suit and it went on to an unenforcable judgement.

We emailed the Al Fattan group and he emailed back with a Dubai phone number that went into the Al Fattan Corporation switchboard, where we were given an appointment to talk to the CEO in reference to the group. Three days later he returned our call. The CEO was very accommodating and very candid about their history with the group. It was stellar.

We found: Leumi Overseas Trust and Escrow to have a 1 Billion USD cash bond backing the escrow account and that it is registered with the Banking Commission. 

In short, I  am not a  fan of these gentlemen.  They are arrogant and pushy, their paperwork is the worst I have ever seen, they are tardy to every meeting and never return calls in a timely fashion.  

BUT and I do say BUT: If you can stomach their short comings and their paperwork, THESE GUYS DELIVER. 

Our client did receive their loan this month (11/14) as promised.  Their funds were safe as a infant in a new mothers arms at Leumi Overseas Trust & Escrow and, thankfully, did not loose a client. 

From our experience our advice would be to totally disregard any and all allegations made by this gentleman, Steve Ferguson. It would  do your well to do your own DD before you write them off and loose a great opportunity or client. 

Thanking you in advance for 

P.F. Esq.

GT Law

You sound as if you are taking this very personal becuase as you are not who you say you are hiding behind your computer googling success of others in Dubai. You are defending the 3 scam artists that say they are apart of compaine's that they have no legitamite ties to do business with. We have verified with the real Samba Financial Group that they have no knowledge or affliation with Samba Financial Group USA Escrow & consulting. None. Zero. You claim you have done 2 billion in transactions with these scam artists but your domian to your email address goes to staright to GoDaddy.  I would think if you have done 2 billion dollars in business, purchased what you have stated and so forth, I would think you would have a legit website. Again, every single person listed in the above claim, are out to steal you or your companies money. How do you do 2 billion in business with 3 guys that have no office, only cell phones, and work out of their houses? Anyone can copy and paste a logo & email you an escrow agrement or MOU.        "Beware of the U.S. Federal Government's reach." 

  Our corporation has built 6 towers in the UAE. We have purchased 3 in the NYC area, 2 in the Miami area. We have used the services of these people and companies you refer to in your complaint for funding and financial foundation formulation on all of our projects. We have financed over 2 billion dollars with these people and have had nothing but full satisfaction. If you are given the oppertunity to do business with these people, do not pass, it will be the best transaction you have ever been involved in.

  It is very disturbing to us here in the UAE how a individual can simply go on the internet and make totally unfounded claims about a not less then 5 star organization and defame such people as Mr. Casiraghi and Mr. Anthony. If this was done in our country you would be jailed. In my years of business I have encountered people like you. It is simple to see that you are dreamers that have no money, you must have tried to play a game with serious people and they woke you up from your ridiculous dream.

  Mr. Carpanzano, Mr. Casiraghi, Mr, Ruzza Mr. Anthony and the comapnies are 150% legitimate and 150% expert in delivering what they say with minimal risk exposure.

If anyone feels they would like to contact me as a reference to the business and satisfaction they may do so by email at [email protected]. I will respond upon viewing.

Thank you:

I red your report, I know from meny transaction, these guys are as real as they come. They do not deal with brokers and it sounds like you must have done something wrong. 

I have met Salvino Casiraghi and Mr. Carpanzano at the same time at a closing and be sure they are real. 

Our law firm of White and Case along with Kroll Agency went up one side and down the other before we did business with them 4 years ago. As of last month we completed our 12th transaction in the amount of 500M, on time without issues.

Their procedures are difficult and are ment to weed out the Joker Brokers and Dreamers (and that is what you sound like) but the transaction are always good and on time.

As for Mr. Levi and Mr. Anthony, you should be very careful what you say their reach has no limits.