• Report: #585133

Complaint Review: Doug Hastings

  • Submitted: Wed, March 24, 2010
  • Updated: Wed, March 24, 2010

  • Reported By: PropEQ REIP 34 LLP — Freeport Illinois United States of America
Doug Hastings
829 S. Galena Ave Freeport, Illinois United States of America

Doug Hastings Doug Hastings - Ex Felon Commits Ongoing Real Estate Fraud in Freeport IL - Buyer Beware He Will Rip You Off! Freeport, Illinois

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I purchased approximately 5 properties from Doug Hastings in 2009. I have never been ripped off to this extent. He represented these as rental properties with existing tenants that had been paying rent on time. He created leases which I later determined to be completely fraudulent when tenants informed me they never signed any such document. I lost over $15,000 as a result. After this happened I did some additional checking and found out that Doug Hastings has a prior Federal Criminal conviction for real estate fraud. You can read all about it here http://www.google.com/url?sa=t&source=web&ct=res&cd=1&ved=0CA0QFjAA&url=http%3A%2F%2Fwww.justice.gov%2Fusao%2Filn%2Fpr%2Frockford%2F2006%2Fpr0630_02.pdf&rct=j&q=Doug+Hastings+Freeport+IL&ei=xp2qS6vfGYyuNu_hiKcB&usg=AFQjCNGH8Hm4Eqfn62X0YJ8D-WMV6rL9tw&sig2=rN84DKt34zLhDMe6gRT3Ag

This guy is a criminal and ex-convict. He is out to take advantage of others which seems to be a commonality in Freeport. Be very careful dealing with this individual or any of his businesses. He also has a bar and an auction company and rents out many properties (as a slum lord) in Freeport Illinois.

If you do make a purchase from this person be prepared to lose every dollar and then some. He is 100% con artist - he was involved in major mortgage fraud and spent time in prison.

This report was posted on Ripoff Report on 03/24/2010 04:26 PM and is a permanent record located here: http://www.ripoffreport.com/r/Doug-Hastings/Freeport-Illinois-61032/Doug-Hastings-Doug-Hastings-Ex-Felon-Commits-Ongoing-Real-Estate-Fraud-in-Freeport-IL--585133. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.

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