- Report: #865202
Complaint Review: Terrace Capital Inc - New York New York
Reported By:
LindaLee -
new York, New York, United States of America
Submitted:
Updated:
-
Author Not Confirmed
Why?
Terrace Capital Inc
65 Broadway - 7th Floor, New York, New York 10006 New York, New York, United States of America
Phone:
Web:
www.terracecapital.com
Categories:
Business Rating:
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Terrace Capital, Inc Anthony Burges Terrace Capital and Anthony Burges is the fraud New York, New York
Terrace Capital and Anthony Burges is the fraud.
Anthony Burges who was previously charged with fraud activities by the SEC is active again.
Terrace Capital and Anthony Burges act as a direct lender , but in reality have not closed a single assets based deal. They take due diligence fees, drag client for 3-6 months and decline the deal.
I act as a business broker and at least four of my clients were defrauded by Terrace Capital.
Litigation Release No. 17367/ February 20, 2002
SEC CHARGES ANTHONY BURGES AND BURGES ASSET MANAGEMENT WITH DEFRAUDING LIMITED PARTNERSHIP INVESTORS
Securities and Exchange Commission v. Anthony Burges and Burges Asset Managemnt, Inc.,
Civil Action No. 02 Civ. 1284 (S.D.N.Y.)(VM)
The Securities and Exchange Commission announced today that it filed an enforcement action charging Anthony P. Burges
and his related company, Burges Asset Management, Inc. ("Burges Asset") with defrauding investors in two limited partnerships, Burges Capital, L.P. and Burges Investment Partners, L.P. (the "Burges Funds" or the "Funds").
Anthony Burges who was previously charged with fraud activities by the SEC is active again.
Terrace Capital and Anthony Burges act as a direct lender , but in reality have not closed a single assets based deal. They take due diligence fees, drag client for 3-6 months and decline the deal.
I act as a business broker and at least four of my clients were defrauded by Terrace Capital.
Litigation Release No. 17367/ February 20, 2002
SEC CHARGES ANTHONY BURGES AND BURGES ASSET MANAGEMENT WITH DEFRAUDING LIMITED PARTNERSHIP INVESTORS
Securities and Exchange Commission v. Anthony Burges and Burges Asset Managemnt, Inc.,
Civil Action No. 02 Civ. 1284 (S.D.N.Y.)(VM)
The Securities and Exchange Commission announced today that it filed an enforcement action charging Anthony P. Burges
and his related company, Burges Asset Management, Inc. ("Burges Asset") with defrauding investors in two limited partnerships, Burges Capital, L.P. and Burges Investment Partners, L.P. (the "Burges Funds" or the "Funds").
1 Updates & Rebuttals
Terrace Capital
New York,New York,
United States of America
The Truth about Terrace Capital
#2UPDATE Employee
Mon, February 04, 2013
Anthony is no longer with the firm and complaint against him was malicious and baseless.
The posting they inquired about was created by an individual named Chris J. Russo. Mr. Russo is a convicted felon who was prohibited from doing business with Terrace Capital. His posting was believed to be in retaliation for declining to accept any future business from him.
Below you will find several interesting data points about Mr. Russo:
http://www.sec.gov/litigation/admin/33-8626.pdf
http://www.ripoffreport.com/investment-brokers/chris-russo-consulti/chris-russo-consulting-chris-add36.htm
http://www.ripoffreport.com/business-consultants/gaffney-funding/gaffney-funding-bill-gaffney-a-5aee0.htm
http://www.ripoffreport.com/investment-brokers/gaffney-funding/gaffney-funding-william-t-gaf-0fcd4.htm
http://www.yellowpages.com/exton-pa/mip/gaffney-funding-453187269
http://brokercheck.finra.org/Support/ReportViewer.aspx?SearchGroup=Individual&FirmKey=-1&BrokerKey=2304330
