• Report: #296115

Complaint Review: Jeremy D. Richardson, Richardson Equities, Richardson Realty NW, NW Property Mgt, Equips Mtg

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  • Submitted: Tuesday, January 01, 2008
  • Last Posting: Friday, January 18, 2008
  • Reported By:Aliso Viejo California
Jeremy D. Richardson, Richardson Equities, Richardson Realty NW, NW Property Mgt, Equips Mtg
3800 Ne Sandy Blvd #206 Portland Oregon 97232 U.S.A.

Jeremy D. Richardson, Richardson Equities, Richardson Realty NW, NW Property Mgt, Equips Mtg Theft, deception and Wire Fraud across state lines Portland, Clackamus, Salem Oregon


2Author 1Consumer 1Employee/Owner

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Jeremy D. Richardson, Jeremy Devon Richardson, year of birth 1977, addresses in Oregon and Washington.
Owner of Richardson Equities, Richardson Realty NW, NW Property Management, Richardson Processing and Equips Mortgage.

My husband and I were living in a home in CA that was going to be foreclosed, we negotiated a short sale with the bank, however could not get the financing for 790k.
We found Richardson on Craigslist, he had an ad that stated he buys homes for people that cannot get conventional financing.

He would buy the home, we would lease it back from him with the option to buy it within a year or two.
After several conversations with Richardson we did research to make sure he was legitimate. We did a google search, spoke with his mortgage broker and checked the BBB and everything checked out.
We wired him $50,000 to put in escrow as a down payment for the home, he was suppose to put it into escrow immediately, that was November 7th 2007. After we wired the money he was very hard to reach, we called his agents, his lender and several people in his office and were always given excuses about his whereabouts or what he was doing with the purchase. He finally signed the purchase agreement and assured us he was working on getting financing, however he never put our money into escrow.

We were on a time crunch because the home was going to be auctioned, we negotiated one extension and then another, but he still never put our money into escrow. Finally, I left another message crying and begging him to put our money into escrow or to send it back if he wasn't going to purchase the home, the next day he disconnected that number.
His last email to us was that he was finally approved for a loan and that he was going to put the money into escrow, however the days passed and we never heard from him. Essentially, the bank foreclosed and auctioned the home on December 14th.

We never heard from him again, we've left messages, sent emails and threatened to sue him. Eventually he called my husband and told him that if we signed away our right to take him to court that he would give us our money back, however we never heard from him again, never heard from any attorney either although our attorney has left messages for both of them.
His websites are now gone, numbers are disconnected and he's planning to bankrupt his companies and start all over again.
We have since found other victims of Richardsons and are searching for more.
Our money is gone, but we will make sure this guy is stopped from victimizing others and goes to prison for theft, deception, fraud and wire fraud across state lines.

We have reported him to:

Police in California and Oregon
Oregon Real Estate Commissioner
Security and Exchange Commissioner
Department of Corporations

Next we're going to the Attorney General.

If you have any information please contact me at lisasocal at cox dot net
Or post on RipOffReport.

Lisa c.
Aliso Viejo, California
U.S.A.

This report was posted on Ripoff Report on 1/1/2008 2:28:18 PM and is a permanent record located here: http://www.ripoffreport.com/mortgage-companies/jeremy-d-richardson/jeremy-d-richardson-richards-cx49e.htm.

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REBUTTALS & REPLIES:
2Author 1Consumer 1Employee/Owner
Updates & Rebuttals

#1 Employee

Look Deeper

AUTHOR: Intheknow - Portland (U.S.A.)

I am very well in sympathy with your folks and want you to know that your not the only ones to whom this has happened. This has happened to other people in several other states and at different times. Absolutlely this should go beyond a civil matter to the level of criminal misconduct. Do not allow this to go unreported to authorities!

In order to save a failing or lagging company, and unbeknown to the comen employee there, the owner has chossen to pick innocent clients whom He suspects will cause the least amount of trouble and or are the most vulnerable to continue to float things, then you are set up to be by some "reason" at fault yourself and He will claim its all now a legal matter.His wife has a gambling habit and a spending problem, and this only fuels this mans behavior for Greed and unjust actions. Look at the history of companies under the Oregon Corporation Commision database. !!
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#2 Update By Author

Update with Jeremy Richardson

AUTHOR: Lisa c. - Aliso Viejo (U.S.A.)

Jeremy contacted us the same day I wrote the report (which surprised the heck out of me!), what we didn't know is that his mother was gravely ill and he was spending time with her and out of the office a lot, he didn't get our emails or msgs, sadly she has since passed away which gave his story some truth. So, maybe we jumped to conclusions. But that still didn't account for the fact that we didn't have our money, so he got his attorney on it immediately and we are now coming to a resolution. I will update with further information.

Lisa
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#3 Consumer Comment

Don't be fooled by the lies

AUTHOR: Afterthetruth - Portland (U.S.A.)

Lisa,

Regardless of whether his mother passed away or not, the man talks the talk, but doesn't walk the walk. There are potential home buyers and investors across the country who are owed money by Richardson Equities and the majority will never see a dime. I am surprised he didn't or hasn't tried to sue you for something, not because you have done something wrong. He is in trouble (again) and that his how he responds when he is backed into a corner and knows he is in the wrong.

This guy is a good guy gone bad!
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