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  • Report:  #939421

Complaint Review: Walt Trock McMann Financial Services - Chicago Illinois

Reported By:
Mike Kidwell - Englewood, Colorado, United States of America
Submitted:
Updated:

Walt Trock McMann Financial Services
No Office Chicago, Illinois, United States of America
Phone:
708-367-1055
Web:
No website
Categories:
Tell us has your experience with this business or person been good? What's this?
Beware of Walt Trock and his company McMann Mortgage Service Corp out of Chicago with only a phone number and gmail account who is actively scamming unearned fees upfront.  If youve been a victim of his promises to produce a loan and sent him money upfront without getting a loan or asked for your funds to be returned youre not alone.   Please contact me for a list of borrowers hes scammed and what is being done to end his stealing of funds from borrowers on his nationwide crime spree.   

Walt Trock was with Commercial Lending Corporation as an independent contractor per a Business

Development Agreement he signed.  During that time Mr. Trock did not close a loan. His agreement also has a non circumvent for two years which states he agrees to stay away from any of CLCs money sources or brokers he was exposed to while with CLC.  We hes honored this agreement.  What a surprise.

Mr. Trock admits he had no prior experience closing commercial loans and required constant over site by

more experienced BDOs.  One of the reasons Mr. Trock was parted from CLC is that he was told more than once not to send out letters of interest without approval from one of our in house underwriters or from one of our investors.  He had no issues with sending out a piece of paper to collect an unearned fee that he would collect using CLCs name and have the borrower send funds to him personally.  He has committed fraud.  

Unfortunately we took Mr. Trocks word that he was honest.  Hes not honest.  An example of his unethical approach to doing business was a judgment issued against him on July 8, 2008 by

the State of Indiana baring him from doing business in that State.  See Cause # 08-1714 SR.  Check out his LinkedIn where he made up a company called Commercial Partners Lending from January 2009 March 2010.  Thats a lie as he admits hes never been involved with commercial loans until joining CLC.  The truth is he was making money from back dooring fees he had sent to his personal account during his tenure with CLC.  

Hes a scumbag conman whos MO is to convince borrowers and brokers to send him funds upfront and then move on to the next victim.  If he asks you for any funds upfront just say NO.  Youll save yourself not only your funds but also from wasting your time.

Please contact me if you have been taken advantage of by Trocks fraudulent tactics. The list is growing.


3 Updates & Rebuttals

Walt

Crete,
Illinois,
United States of America
Kidwell a convicted felon is posting a grievance against a former employee.

#2UPDATE EX-employee responds

Sun, October 28, 2012

Mike Kidwell President and owner of Apartment Lending Corporation and Commercial Lending Corporation posted this Rip Off Report against me personally lashing out against a former employee because I exposed his criminal activity.  Kidwell was convicted in Sept 2009 and since that time he has continued to represent himself or his corporations as a commercial lender with banking contacts.  A clear violation of his court order.

This wrongful positing has no business on the Rip off Report because it is an employer with a b***h against a former employee.  The allegation from Kidwell has nothing to do with mortgage applications or fees either residential or commercial. 

The only person that was ripped off was me because of all the work that I did for Commercial Lending that only resulted in defaulted contracts and applicants being hounded for monies by Kidwell on contracts that were never completed by Commercial Lending.

You can read the court order yourelf by going to this link:  http://www.ots.treas.gov/_files/enforcement/97213.pdf


Walt

Crete,
Illinois,
United States of America
Kidwell a convicted felon is posting a grievance against a former employee.

#3UPDATE EX-employee responds

Sun, October 28, 2012

Mike Kidwell President and owner of Apartment Lending Corporation and Commercial Lending Corporation posted this Rip Off Report against me personally bcause as a convicted felon Kidwell is lashing out against a former employee because I exposed his criminal activity.  Kidwell was convicted in Sept 2009 and since that time he has continued to represent himself or his corporations as a commercial lender with banking contacts.  A clear violation of his court order.

This wrongful positing has no business on the Rip off Report because it is an employer with a b**ch against a former employee.  The allegation from Kidwell has nothing to do with mortgage applications or fees either residential or commercial. 

The only person that was ripped off was me because of all the work that I did for Commercial Lending that only resulted in defaulted contracts and applicants being hounded for monies by Kidwell on contracts that were never completed by Commercial Lending.

You can read the court order yourelf by going to this link:  http://www.ots.treas.gov/_files/enforcement/97213.pdf


Walt

Crete,
Illinois,
United States of America
Proof Mike Kidwell is bared from banking

#4UPDATE EX-employee responds

Fri, October 26, 2012

Everything that Mike Kidwell writes in either totally false, inaccurate or just a down right fabrication. The truth of the matter is that Mike Kidwell has a judgement entered against him baring him from working with any United States legally sactioned bank or credit union for the rest of his life.

As proof we offer this link to the Office of Thrift Supervision so you can read the court order yourself then decide if Mike Kidwell has any trustworthyness in anything that he says or does.

http://www.ots.treas.gov/_files/enforcement/97213.pdf

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