• Report: #178845

Complaint Review: Real Estate Investor Company -REIC- Robert D. Kellum

Thank You

Read how Ripoff Report saves consumers millions.

  • Submitted: Wed, March 01, 2006
  • Updated: Sat, March 04, 2006

  • Reported By:Williamstown New Jersey
Real Estate Investor Company -REIC- Robert D. Kellum
732 South State St. Dover, Delaware U.S.A.

Real Estate Investor Company - REIC - Robert D. Kellum Ripoff Will not pay earned interest or return investment will not communicate, no means of contact Dover Delaware

*Author of original report: Pending resolution

What's this?
What's this?
What's this?
Is this
Ripoff Report
About you?
Ripoff Report
A business' first
line of defense
on the Internet.
If your business is
willing to make a
commitment to
customer satisfaction
Click here now..

Does your business have a bad reputation?
Fix it the right way.
Corporate Advocacy Program™

SEO Reputation Management at its best!

Is this a Ponzi scam. Are they ripping off old people or anyone else? REIC promised to pay my mother-in-law 8% simple interest quarterly on a $45,000 initial investment. After 2 payments they have had to be contacted every time sometimes taking months to get the money. The man knows how old she is and her situation - dispiccable. She is on dialysis, 86, widowed, social security, what else would he like.

When her husband died, the money was badly needed. She requested her money and to close the account. REIC said they would return investment Oct 2005, on their terms. they didn't. Instead, they sent past due and current interest and said they would sent the money in Dec. 2005. They didn't. Our mail was returned, certified mail went unclaimed.

When their phone is called it is answered Bransen (sp?) & Nottingham. The answerer refused to give any information other than they would take my name and number and have someone call back. They wouldn't even spell Bransen -'I'm not going to sit here and answer questions.' He said they just took the number over from a previous business.

Has anyone else had problems with this business - either getting their money back or getting their interest payments, or trouble trying to contact them?

Sam
Williamstown, New Jersey
U.S.A.

This report was posted on Ripoff Report on 03/01/2006 07:44 PM and is a permanent record located here: http://www.ripoffreport.com/r/Real-Estate-Investor-Company-REIC-Robert-D-Kellum/Dover-Delaware-19901/Real-Estate-Investor-Company-REIC-Robert-D-Kellum-Ripoff-Will-not-pay-earned-interes-178845. 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.

Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report.

Click Here to read other Ripoff Reports on Real Estate Investor Company -REIC- Robert D. Kellum

Search for additional reports

If you would like to see more Rip-off Reports on this company/individual, search here:

Search Tips
Report & Rebuttal
Respond to this report!
What's this?
Also a victim?
What's this?
Repair Your Reputation!
What's this?
REBUTTALS & REPLIES:
0Author 1Consumer 0Employee/Owner
Updates & Rebuttals

#1 Author of original report

Pending resolution

AUTHOR: Sam - (U.S.A.)

I was notified today that the police were successful in contacting Mr. Kellum and said that he is will resolve the matter within 90 days.
Respond to this report!
What's this?
Report & Rebuttal
Respond to this report!
What's this?
Also a victim?
What's this?
Repair Your Reputation!
What's this?

Advertisers above have met our
strict standards for business conduct.