ED Magedson – Founder
Fred Grant22837 Ventura Blvd Ste 300, Woodland Hills , California USA
Fred Grant SVP - Director of Mortgage Lending at Peak Finance Company Woodland Hills, CA, Fred Grant, is a Dishonest, Unscrupulous, Dubious Man who makes Poor Business Decisions Woodland Hills California
On Friday, December 6, 2013, Fred Grant, the SVP - Director of Mortgage Lending at Peak Finance Company in Woodland Hills, California, made, what I viewed to be, a hasty and rash decision to purchase the Las Vegas based real estate company, Eco Properties.
Eco Properties was a small company of 14 independent Real Estate agents, managed by Owner/Broker, Phil Bailey. I am a Transaction Coordinator and I was Mr. Bailey's only employee. I was in hired, to assist and meet the needs of the 14 agents along with maintaining Broker Compliance of all our files.
On December 9, 2013, Mr. [continued below]....
To my understanding, Mr. Grant, who lived out of state, had planned to expand Eco Properties to encompass Mortgage Lending and provide Title and Escrow services, all within one convenient, office location.
The last paycheck I received, for my service to the company, was on Friday December 13, 2013 for the two week period ending Friday, December 6, 2013. Despite never seeing Mr. Grant in the office and since I was never directed to change my schedule, I continued to come into the office, Monday through Friday, and work my normal hours for the entire month of December.
On Friday, January 3, 2014, I was told I needed to be in the office early, for a mandatory meeting set up by Mr. Grant. The content of the meeting turned out to be irrelevant to my position, but I was in attendance, nonetheless. At the conclusion of the meeting, Mr. Grant came into my office to talk to me. He informed me that he no longer needed me in that capacity for which I was hired and that he now considered me a ‘1099 employee'. He stated that he had no problem giving me a dollar raise per hour and that he ‘trusted’ me to keep track of my own time and every couple weeks I was to send him an invoice with my hours and he would then pay me. He also told me, starting the following Monday, 'not to bother coming into the office', unless I specifically needed something.
So, Monday, January 6, 2014, I did come into the office (for just 2 hours) and I did my best to tie-up any loose ends with regard to our open files. My final day of work, Tuesday, January 7, 2014, I came into the office and sent Mr. Grant my invoice for twelve hundred, sixty seven dollars and fifty cents ($1267.50) covering the period between, December 9, 2013 through January 7, 2014. I resent my invoice a week later, and again on Wednesday, January 15, 2014. It wasn’t until my third request to be compensated, that he finally acknowledged my messages. His reply on January 15th to my three requests for payment was: ‘We will deal with who owes what to whom at the end of January.’
Yes, you guessed it. I received nothing at the end of January. No communication and no paycheck. Furthermore, I didn’t even receive my W2 by the required January 31st deadline. Also, to add insult to injury, my unemployment has yet to be approved because they can't seem to get the tax paperwork showing I was employed by Eco Properties for the fourth quarter of 2013.
It is apparent, in my opinion, that Fred Grant did not do his Due Diligence before purchasing Eco Properties and it is irresponsible and criminal that he let his error in judgment and regret affect someone else’s livelihood.
The first week of February, after learning through the Nevada Real Estate Division, that Fred Grant has now closed the company altogether, I made a final plea for payment of my wages and as I expected, received no response.
Fred Grant the SVP - Director of Mortgage Lending at Peak Finance Company in Woodland Hills, California is not an honorable man and he robbed me of $1267.50!
This report was posted on Ripoff Report on 02/11/2014 04:57 PM and is a permanent record located here: http://www.ripoffreport.com/reports/fred-grant/woodland-hills-california-91367/fred-grant-svp-director-of-mortgage-lending-at-peak-finance-company-woodland-hills-ca-1122882. 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.
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