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Report: #1398452

Complaint Review: Amerivest Capital, A C F INC, Urbanciti Construction - Chicago Illinois

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  • Reported By: JP Inc — warrenville Illinois USA
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  • Amerivest Capital, A C F INC, Urbanciti Construction 115 S. LaSalle st. Chicago, Illinois USA

Amerivest Capital, A C F INC, Urbanciti Construction Stan Edwards www.commercial-finance-consulting.com FRAUD, Stole thousands of dollars, makes promises and doesnt deliver! Him or his companies are not legit! Just bad business! Chicago Illinois

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It begins when I was looking for financing to invest in real estate. They were called business lines of credit, which simply put they were loads of credit cards he would apply for with your personal and business information. He would then take said cards and pull money off them after you already paid him a fee for intially getting the so called "financing".

He then asked me to put thousands of dollars in this lucrative deal that didnt exist, in which I did stupidly having too much trust in how he spoke. The deal was supposed to go only 30 days and it went on for months and still nothing. I reveresed the charge because it was bs and we both knew it.

While this was going on I had a house I was trying to flip quickly. He said he had properties, he done plenty of flips and knew what he was doing. we had a contract, an agreemnet to do roughly 20k worth of work which would take roughly a month. Months went by and barley anything done, he ask for more money. Once I gave him more money, he took off with the money, left me with nothing but this huge amount of debt and no finished product.

I then tried to take him to court with my attorney and he sent out his Private Investagator and still couldnt find him. He turned to a ghost, no calls, no texts, no emails. All in all around 35k vanshied because of this man and his shady business practices. He forever changed my life and not for the better but for the worse!

This report was posted on Ripoff Report on 09/07/2017 11:04 AM and is a permanent record located here: https://www.ripoffreport.com/reports/amerivest-capital-a-c-f-inc-urbanciti-construction/chicago-illinois-60603/amerivest-capital-a-c-f-inc-urbanciti-construction-stan-edwards-wwwcommercial-finance-1398452. 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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