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Report: #1529673

Complaint Review: TF Capital LLC - Las Vegas Nevada

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  • Reported By: John — ATLANTA Georgia United States
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  • TF Capital LLC 2300 w sahara ave. ste 800 Las Vegas, Nevada United States

TF Capital LLC Claim to finance projects through bitcoin crypto Las Vegas Nevada

*General Comment: Confirmation - This has happened to me

*General Comment: The only word you need to see is "Bitcoin"

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TF Capital LLC  (www.tfcapital.org ) has been advertizing they can fund projects by bitcoins. This is a scam to get borrowers to sign up to a fake blockchain called Blockas and they claim to put bitcoins to match loan amount. A man name  Thomas Hopkins (Chief Financial Officer) TF Capital LLC finance@tfcapital.org  (725) 777-0022 claims to monitor the transaction but Blockas claims to release assets to bank you must buy tax cartificate for $5000. Tom then offers to pay half and borrower pays hapf. This is the scam and fraud TF Capital uses to lure borrower to constantly pay a portion of fees due. The assets from Blocakas cannot be transfer unless its done by Standard Transfer Process (STP)-which is non tracking process that most banks will not accept due to AML policies or DIgital Asset account. Tom Hopkins claims he wasn't aware of this( a lie) then suggest a bank in El Salvador called Salvador Credit Union (SCU). In order to transfer funds to SCU you need to pay an activation fee of $150K but cliams you can withdraw after activation. SCU then claims you have to pay a TCP fee based on asset value. After you pay, SCU request Source of Funds (SOF) form TF Capital and will reject TF Capital fake explanation and close account and claims to send courier of cashier's checks to a company called Cargo Pacers (www.cargopacers.com) which is fake. Cargo Pacers send out a fake tracking that never delivers. Once you figure this is a scam set up by Thomas Hopkins and TF Capital the funds disappear. 

Their scheame and scam is to have borrowers send a portion of the funds while they Thomas Hopkins claims to pay other half. DO NOT FALL FOR THIS SCAM. TF CAPITAL, THOMAS HOPKINS, SALVADOR CREDIT UNION AND CARGO PACERS ARE SCAMS AND FRAUD.

This report was posted on Ripoff Report on 11/09/2023 01:49 PM and is a permanent record located here: https://www.ripoffreport.com/report/tf-capital-llc/las-vegas-nevada-claim-crypto-1529673. 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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#2 General Comment

Confirmation - This has happened to me

AUTHOR: =bob - (United States)

POSTED: Saturday, December 30, 2023

The same exact thing happened to me. Instead of TF Capital, they went by the name 700Capital LLC. There were 2 individuals that pushed this forward, Flavio Franco (CFO) and Joshua Marcano (CIO). Instead of Blockas, they used Bittor.io as the "digital wallet." It's the exact same website as Blockas. Bittor.io requested $1,000 to open the account, $5,000 for "tax services" and 1.25% of the withdrawal amount for a Tax Clearance Fee. 

 

Once paid, they say they make an attempt to withdraw the funds to your bank, but the bank rejects it because of an STP issue. They recommend Salvador Credit Union and there is a fee to open the account. Once opened there is another fee to execute the transaction. 

It's the exact same thing. Please be careful. These guys are not "helping" you with the fees. They are moving money around from the Salvador Credit and the Bittor.io/Blockas wallet to make it look like they are helping, but it's all the same funds being turned around! 

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#1 General Comment

The only word you need to see is "Bitcoin"

AUTHOR: Flint - (United States)

POSTED: Wednesday, November 22, 2023

 Everything that involves Bitcoin is generally either a criminal enterprise or a scam. There is no other reason to use it. Once you see that word, you can be fairly confident you are dealing with a scam. A "capital" company that gives loans to random people over the Internet? Seriously? You have to be pretty gullible to fall for this.

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