- Report: #1051008
Report - Rebuttal - Arbitrate
Complaint Review: Eastern Capital, LLC
Eastern Capital, LLC1230 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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