;
  • Report:  #1120015

Complaint Review: Sequoia Capital Advisors - New York New York

Reported By:
Peter Hammer - New York, New York,
Submitted:
Updated:

Sequoia Capital Advisors
45 Rockefeller Center, Suite 2000 New York, 10011 New York, USA
Phone:
212-332-3275
Web:
http://www.sequoiaca.com/
Categories:
Tell us has your experience with this business or person been good? What's this?

Sequoia Capital Advisors (no relation to the "other" worldwide, hugely successful Sequoia financing company, but it's deliberately confusing) took $17,000 for an real estate appraisal from me for a commercial loan they were considering on my property. I have since found out that this appraisal should have cost no more than $4000-5000. I do not believe they ever had any intention of giving the loan either but sure collected a nice fee in advance for considering it. Sequoia is run by a man named Philip Tesoreiro.

I believe they are taking large fees for appraisals and not doing many actual loans. Either way, they get paid.

They have a fancy Manhattan office address but another reporter on Rip-Off Report has stated that this is a "virtual" office and they don't actually work there. I have been told that they work in Howard Beach, N.Y.

I am eager to speak to any authorities investigating these people. I have documents, checks, and a very interesting witness. You can contact me via Rip Off Report.



Reports & Rebuttal
Respond to this report!
Also a victim?
Repair Your Reputation!
//