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Report: #666467

Complaint Review: Ephren Taylor, City Capital Corp - Raleigh North Carolina

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  • Reported By: Scammed in NC — Durham North Carolina United States of America
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  • Ephren Taylor, City Capital Corp 7780 Brier Creek Pkwy, Suite 225 Raleigh, North Carolina United States of America

Ephren Taylor, City Capital Corp --Investment Scam! BEWARE! -- Raleigh, North Carolina

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I participated in their Credit-Investor program whereby they buy properties then rehabs and sells it as I was convinced that they are doing a "Socially-Conscious Investing To Empower Urban Communities". I invested my 401K money and purchased a rental property in Kansas through their Credit-Investor program. They promised that I will get 15-20% equity and immediate cash flow and the rental payments are guaranteed for the first full year if it's ever vacant. They did not keep their promise. I only got paid for 1.5 months and not paid for the rest of the year. I also discovered that they posted an amount less than the agreed monthly payment. The following year I only got paid for 7 months. I called to follow-up but the phone number is no longer in service. I sent email to the client support manager Kinetra Dixon, but I just got an auto-reply to forward all client service emails to an alternate email address which was never answered. Since I am not getting any response from phone calls and emails, I visited the Raleigh Office in Brier Creek Pkwy and to my surprise their office is no longer there. They did not inform me of their whereabouts. Now I'm lost. I wanted to get out of this loan but I don't know what to do. I worked hard for that money for more than 12 years and now all of a sudden it's gone.

This report was posted on Ripoff Report on 11/29/2010 09:13 PM and is a permanent record located here: https://www.ripoffreport.com/reports/ephren-taylor-city-capital-corp/raleigh-north-carolina-27617/ephren-taylor-city-capital-corp-investment-scam-beware-raleigh-north-carolina-666467. 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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