Report: #437973

Complaint Review: COR Development Group, Inc., Alberto Colon, P.D. Gianneotis Financial Services

  • Submitted: Thu, March 26, 2009
  • Updated: Wed, April 01, 2009
  • Reported By: Redmond Washington
  • COR Development Group, Inc., Alberto Colon, P.D. Gianneotis Financial Services

COR Development Group, Inc., Alberto Colon, P.D. Gianneotis Financial Services Internet Nationwide

*UPDATE Employee: Falsely accused

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Cor Development Group claims that they can finance multiple types of ventures. From regular commercial deals to complex asset deals. Basically saying that whatever you bring us, that we can handle it. They claim to have their own lines of credit, and other unique financing options available.

First it started off by asking for a basic CIS (Customer Information)package. After taking a couple of weeks to go over the information they ask for more information. This is common in commercial deals. However, they continually asked for more information multiple times taking just over 2 months. After they supposedly collected all of their information, they told us they still had to finish up with some basic procedures they were working on. Claiming that they were setting up their own bank to conduct their own buy/sells in the capitals market.

After continually making up excuses, they finally admitted that they didn't have the resources to handle our project.

They were most likely trying to run it through a 3rd party or just broker it out to anyone who would take it.

Redmond, Washington
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This report was posted on Ripoff Report on 03/26/2009 03:04 PM and is a permanent record located here: 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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#1 UPDATE Employee

Falsely accused

AUTHOR: Alberto Colon - (U.S.A.)

I am a bit surprised by this posting. Typically when a person registers a complaint they would usually do so because they were ripped off just as this site suggests. Much to my surprise this complaint does not address anything about being ripped off because it never happened. In fact COR Development Group feels ripped off due to COR having an impeccable reputation, and an angry venture partner's attempt to tarnish that good name. We did right by Panos D. Gianneotis President of Placer Diamond Mining Corp. We honored our contract as a principal not a broker to service ASSET VENTURE PARTNER P. D. Gianneotis, President of Placer Diamond Mining Corp's needs. The actions taken by Panos Gianneotis, namely, shopping his asset with other entities even after signing our exclusive agreement, created an environment which ultimately doomed the success of our partnership. We could not commit to a Joint Venture Partner's asset that was not exclusive. WE ACCEPTED NO MONEY FOR OUR EFFORTS NOR DID WE ASK FOR ANY. The time and cost was at the expense of COR Development Group, Inc. and no one else. We honored our agreement with Placer Diamond Mining Corp professionally and courteously. Our agreement was simple, if we were not successful in placing the asset we would return Placer Diamond Mining Corp's asset back to its' President Panos D. Gianneotis via overnight express. We did exactly that, and what we received in return was an attempt to blindside our good name. Certainly if anyone has questions and wishes to contact us, Panos was kind enough to list our phone number in his complaint. Please feel free to dial me up any time, or if you would like to contact Mr. Gianneotis directly you may do so at 877-423-0257.

I, Alberto Colon and COR Development Group, Inc. hold no ill feelings toward Panos D. Gianneotis for this posting however, we would hope that now that he has had a chance to express his feelings on this matter, that we part ways agreeing to disagree as to the outcome of this venture partnership. We in good faith returned his asset as he provided it to us when we parted ways. We consider the matter closed, and gratefully appreciate the opportunity to rebut this posting to set the record straight from our perspective.


Alberto B Coln
Director of Operations/CEO
COR Development Group, Inc.
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