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Report: #585133

Complaint Review: Doug Hastings - Freeport Illinois

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  • Reported By: PropEQ REIP 34 LLP — Freeport Illinois United States of America
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  • Doug Hastings 829 S. Galena Ave Freeport, Illinois United States of America

Doug Hastings Doug Hastings - Ex Felon Commits Ongoing Real Estate Fraud in Freeport IL - Buyer Beware He Will Rip You Off! Freeport, Illinois

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I purchased approximately 5 properties from Doug Hastings in 2009. I have never been ripped off to this extent. He represented these as rental properties with existing tenants that had been paying rent on time. He created leases which I later determined to be completely fraudulent when tenants informed me they never signed any such document. I lost over $15,000 as a result. After this happened I did some additional checking and found out that Doug Hastings has a prior Federal Criminal conviction for real estate fraud. You can read all about it here http://www.google.com/url?sa=t&source=web&ct=res&cd=1&ved=0CA0QFjAA&url=http%3A%2F%2Fwww.justice.gov%2Fusao%2Filn%2Fpr%2Frockford%2F2006%2Fpr0630_02.pdf&rct=j&q=Doug+Hastings+Freeport+IL&ei=xp2qS6vfGYyuNu_hiKcB&usg=AFQjCNGH8Hm4Eqfn62X0YJ8D-WMV6rL9tw&sig2=rN84DKt34zLhDMe6gRT3Ag

This guy is a criminal and ex-convict. He is out to take advantage of others which seems to be a commonality in Freeport. Be very careful dealing with this individual or any of his businesses. He also has a bar and an auction company and rents out many properties (as a slum lord) in Freeport Illinois.

If you do make a purchase from this person be prepared to lose every dollar and then some. He is 100% con artist - he was involved in major mortgage fraud and spent time in prison.

This report was posted on Ripoff Report on 03/24/2010 04:26 PM and is a permanent record located here: https://www.ripoffreport.com/reports/doug-hastings/freeport-illinois-61032/doug-hastings-doug-hastings-ex-felon-commits-ongoing-real-estate-fraud-in-freeport-il-585133. 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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