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  • Report: #1051008

Complaint Review: Eastern Capital, LLC

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  • Submitted: Tue, May 14, 2013
  • Updated: Sat, February 01, 2014

  • Reported By: Anonymous — Any City Any State
Eastern Capital, LLC
1230 Peachtree Street N.E. Suite 1900 Atlanta, Georgia USA

Eastern Capital, LLC Eastern Capital JJ Tommasso, Sandy Hutchens is an advanced fee loan fraud company that will never fund your deal Atlanta Georgia

*REBUTTAL Owner of company: Sandy Hutchens

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Borrower Beware!! Eastern Capital LLC is without doubt a 100% scam. Currently they advertise for lending on Raw Land and Hospitality deals. Nobody is doing Land or Hospitality unless you are Mr. Hilton or Bershire Hathaway. These fraudsters could not finance a motorcycle much less a high dollar commercial deal. Don't be the next victim. Read the reports on Google of all the people who have been recently scammed.

Here is how it works. You apply for loan and they will ask for a few documents to act like they are checking and verifying something then they will get back to you and tell you you are approved. The deal will be approved at excellant terms and low interest rates to appeal to the human greed factor. Greed is the basis of any con. In the begining they want to set the hook, get you excited that you found the funding you need. You think they are your friends now. Then they will give you a list of documents needed and ask for an advance fee of as much as they think they can get away with. Then another 7 to 10 Thousand for appraisal of the property. You will never see the appraisal or the money you paid because it is never done.

They will steal all your upfront money, appraisal and all. They will find something wrong with the laundry list of documents you sent and this will inable them to accuse you,  the borrower of fraud and misrepresentation. They will always find something wrong with you file even if it is squeaky clean loan request. Guess what.... since you lied and misrepresented something, or failed to provide some irrelevant document they tell you your money is gone. I believe that they call it "liquidated damages". You become the villan. It is a beautiful con, it works quite often even with high net worth sofisticated business people.

This does not happen just sometimes, This is what happens every time to everybody who falls for their con artist scam. Please beware...These people are very convincing. They are professsional con artists. They will steal your last dime and laugh all the way to the bank. Also beware that they work with another fraudster from Canada who's real name is Sandy Hutchens. He operates under at least a dozen aliases. Google "Sandy Hutchens Mortgage Fraud" You will see another friend of Tommasso scamming out there doing the same con. Sometimes these guys (Tommasso & Hutchens) scam together and split fees that they steal. They operate in USA and have ripped quite a few Latins and Europeans. They change their business addresses every few months. A few months back they were in Boca Raton, Florida. The owner J. Tommasso is really named Anthony Tomasi. He changed his name to hide from his criminal record. If you ever met this guy in person you would know what he is. He looks and acts like a low life street thug. No Bank or anyone of integrity would deal with this low life.

These guys have stolen millions over the years. Don't be a sucker and fall for any advance fee loan scam. Try calling Law Enforcement after you get ripped off. ( If you give up money it 100% will be ripped off) The FBI will tell you they have bigger fish to fry. They are understaffed and spending their time and resources on finding terrorists.

Stay away!! Unless you like to be scammed and ripped off of your money.


This report was posted on Ripoff Report on 05/14/2013 08:05 PM and is a permanent record located here: http://www.ripoffreport.com/r/Eastern-Capital-LLC/Atlanta-Georgia-30309/Eastern-Capital-LLC-Eastern-Capital-JJ-Tommasso-Sandy-Hutchens-is-an-advanced-fee-loan-1051008. 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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REBUTTALS & REPLIES:
0Author 0Consumer 1Employee/Owner
Updates & Rebuttals

#1 REBUTTAL Owner of company

Sandy Hutchens

AUTHOR: Joe Tomasso - ()

 The writer of this complaint has nothing to back up his allegations as he signed it as anonymous. We at Eastern Capital do not take these slanderous remarks lightly. As you can see a complaint was filed and it is our intent to follow up with a Civil Lawsuit.

I do not know this person nor has this person ever done business with Eastern Capital. I respectfully request that Mr. Schmitz post one deal that he has done with Eastern Capital, LLC.  Obviously, he does not even know how to spell my name correctly. Tommasso is not the correct spelling of my name.

I however, am very proud of my name Joe Tomasso. Will tell the rest of my story in a civil courtroom.  See below for the actual Cease and Desist order served on Mr. Schmitz.

 

LOMNITZER  LAW

----llH. .I'

 

July 22, 2013 VIA USPS

Ronald J Schmitz 23060-6 Aqua View

Boca Raton, Florida 33433

 Re: Cease and  DesistLetter Dear Mr.Schmitz:

We represent , Eastern Capital, LLC ("Eastern Capital"). We have recently been advised that you are circulating a derogatory "review" on websites such as Ripoff Report on what you believe to be against my client and its officers.

 

To begin with , references in your "review" include my client's alleged affiliation with "Sandy Hutchens" from Canada. Mr. Tomasso does not know , nor has he ever met, a person name Sandy Hutchens. Next, your other statements, including but not limited to, my client "stealing" money are unfounded and completely false. My client takes pride in its reputation, values it customers, and does not "steal" as you have falsely reported in your revi ew. Any statement to the contrary is not only false, but defamatory in nature.

 

The consequence of your actions has been that my client's reputation has been harmed and it has suffered a loss of valuable business. The circulation of this "review" has caused, and will cause, tremendou s harm and injury to my client. As you are well aware, there is absolutely no lawful basis for you to contend that Mr. Tomasso or Eastern Capital has any affiliation with Sandy Hutchens or that Mr. Tomasso or Eastern Capital stole money from their customers. Yet, you insist in spreading false, malicious and defamatory information regarding Mr. Tomasso and Eastern Capital, their services and ability to perform for their customers. Your accusations and "facts" are totally false and defamatory and constitute unlawful tortuous interference with my client's prospective expectancies it intends to reali ze from online customers.

 

It has also come to my attention that you are involved in a Colorado class action lawsuit i nvolving this Sandy H utchens. While we can appreciate the animosity against this particular individual; however , you are making a seriou s mistake in trying to take it out on my client.  What is more, you are most likely mistaking my client with another company, Great Eastern Investment , LLC, ("GEIL"). GEIL is a Canadian company that funds deals and provides commitments to fund. Whereas, Eastern Capital is a Georgia company that coordinates deals, and gives no commitments to fund. Albeit the names may be similar, they are completely separate and distinct   companies with no corporate relationship to one another. And it is mostlikely that since your issue is with Sandy Hutchens, it is with GEIL, and not my client.

  

July 22, 2013

Page 2

 

You are hereby placed on notice that your circulation of these false assertions is defamatory and constitutes an unlawful interference with my client's business. Furthermore, demand is hereby immediately made that you cease and desist from this improper and unlawful activity. Your attempt to mislead customers as to the affiliation with Sandy Hutchens and false behavior of my client is damaging to my client and actionable. Other misleading items in your "review" includes an attempt to imply that my client "will find something wrong" with customers' documents. My client works diligently with its customers to supplement and/or amend any of the customer's supporting documents and will not withhold funds as a result. Furthermore, you are incapable of knowing the totality of Eastern Capital's practices as it is individualized per customer and your attempt to imply otherwise is deceptive.

 

Eastern Capital considers its name and reputation concerning itself, its officers, and its ability to work with its customers to be of utmost importance. Moreover , it is Eastern Capital 's policy to vigorousl y enforce and protect its good name and reputation. As you may know, under applicable law, Eastern Capital has an interest in having its name and reputation free from distortion , defamation and misrepresentation. We regard the circulation of the "review" and other misrepre sentations made by you on Ripoff Report to be acts of trade libel and defamation. Such cond uct undoubtedly interferes with Eastern Capital's contractual relations with its customers and its economic expectancies with its potential customers.

 

We demand that you immed iately withdraw these false "reviews," cease these activities and refrain from any further distribution of such "reviews." We also demand that you provide us with a full listing of all websites in which such a "review" was distributed, along with copies of your retractions.

 

This letter will be your one, only and final warning to cease and desist your course of conduct. If these demanded actions are not taken, our client has instructed us to take all appropriate legal actions, including but not limited to, filing a lawsuit against you. We trust you will act appropriately and govern yourself accordingly.

 

Sincerely,

 

The Lomnitzer Law Firm, P.A.

                                                                                                                        Lorri  Lornnitzer

 

J M:ll

cc:    client

 

 

 

 

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