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Report: #1529696

Complaint Review: Genie Investments/Zoomeral/David Hughes - Springfield Ill

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  • Reported By: Christine — Springfield ILL United States
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  • Genie Investments/Zoomeral/David Hughes Springfield, Ill United States

Genie Investments/Zoomeral/David Hughes David Hughes, con man, Ponzi scheme criminal Ponzi scheme, theft, fraud, intimidation, con man, steals millions of dollars from innocent victims Springfield Ill

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David Hughes of Zoomeral.com, Genie Investments and McMann Commercial Lending are running a complex Ponzi scheme.  They represent they have wholesale lenders and are able to issue business lines of credit to business owners after taking a deposit to use as leverage to get the loans.  David Hughes is nothing more than a con man and a crook who is running a ponzi scheme. He uses a variety of brokers to help him. The BROKERS ARE GUILTY AS WELL AS THEY ARE THE ONES REPRESENTING HIM. THEY ARE GETTING PAID ALSO THEN THEY DISAPPEAR. He takes in the clients money since before 2020, and has NO INTENTION of ever funding the loans he says he will fund. He takes in clients money and moves on and he hides behind an 85 page contract. Hughes/Zoomeral and McMann Commerical Lending think an "air tight" contract gives them license to commit fraud and steal millions. He has literally stolen upwards of $15 milion from clients. He then sends a variety of "young" attorneys after clients if they treaten to sue or go public. This is how he has kept his criminal enterprise up so long. He works through fear and intimidation. 

This report was posted on Ripoff Report on 11/11/2023 09:06 AM and is a permanent record located here: https://www.ripoffreport.com/report/genie-hughes/springfield-ill-david-man-1529696. 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. READ: Foreign websites steal our content

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