Complaint Review: Hurst Financial Corporation - Atascadero California
- Hurst Financial Corporation 7035 Morro Road Atascadero, California U.S.A.
- Phone: 805-466-1776
- Web:
- Category: Mortgage Companies
Hurst Financial Corporation "The money is gone, get over it!" says Vice President Atascadero California
Millions of dollars borrowed from investors for construction have disappeared and only empty lots remain. The entire loan amounts were handed over to the contractors instead of being metered out by the trust company as construction was completed, as stated in our contracts. There has been no accountability as to where these monies went.
Some type of Pyramid scheme has been going on for years. As loans matured , new investors were garnered for projects never completed. Now that the real estate market has declined, this scheme has fallen apart and come to light.
Where is the money?
"The money is gone , GET OVER IT!!!"
Cjc
Oakhurst, California
U.S.A.
This report was posted on Ripoff Report on 06/19/2008 10:27 AM and is a permanent record located here: https://www.ripoffreport.com/reports/hurst-financial-corporation/atascadero-california-93422/hurst-financial-corporation-the-money-is-gone-get-over-it-says-vice-president-atascade-341972. 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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