Report: #1390133

Complaint Review: Joe Novoseller

  • Submitted: Thu, August 03, 2017
  • Updated: Mon, September 11, 2017
  • Reported By: Joe N — lakewood New Jersey USA
  • Joe Novoseller
    555 Madison Ave
    lakewood , New Jersey
    USA

Show customers why they should trust your business over your competitors...

This is a family owned business , Owned by the Novoseller family in Lakewood NJ. They take investor money to fund merchant cash advances. We gave them large sums for investment and have recevied less than 20 percent of it back. They are now not answering our calls or emails or giving us an explanation as to where our money went and why we havnt received it back. Please dont do business with this family. We have located three other individuals who have had the same experience . Be warned 

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This report was posted on Ripoff Report on 08/03/2017 09:11 AM and is a permanent record located here: http://www.ripoffreport.com/reports/joe-novoseller/lakewood-new-jersey-08701/joe-novoseller-canary-business-funding-llc-jack-novoseller-josh-novosellernbspthis-is-1390133. 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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REBUTTALS & REPLIES:
3Author
2Consumer
0Employee/Owner

#1 Author of original report

NOT Gonna Fly ANON

AUTHOR: - ()

First off the picture is of Josh " Yehoshua" Novoseller who is at top of the chain of Canary Business Funding. Additonally there were zero investments done with Canary that were "paid back" . You are allowed to use investor money for MCA deals but not when your hidiing from them that your internally stacking your own deals and consolidating your current merchants with new investor money and then taking a large chunk of that investor money to pay off previosu unpaid deals done with current investors money that went to  the same merchant . 

Regarding documents and reviewing them. We ( I and at least three other investors that I am aware of ) were promised copies of contracts and correspondece with the merchants and to date Novoseller and Canary  business funding has not provided . They even structured a settlemnt with one merchant and they refuse to show us that contract as well and we have yet to see one penny and its been over four months . This does imply a lot .

As investors we shouldnt have to go to court in order for Novoseller to show us why we suffered north of 80 percent deaafult rates which is unprecendented in this risky business. 

Just everyone do your selves a huge favor and as we said before be very very carefull . 

 

 

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#2 Consumer Comment

This Report Has Been Confirmed As False

AUTHOR: Anonymous - (USA)

Without even commenting on the complaint itself, I have communicated closely with both sides and the following is confirmed by both sides.

          

1.    The accuser claims this report was not filed by him, but by someone he knows.
2.    The accuser says he cannot have it rescinded.
3.    The photos provided are not photos of the man accused. 
4.    The complaint says it was filed by the accused against himself, which is unlikely.
5.    No legal or rabbinic authority has tried or declared judgment on this matter.
6.    Losing money on any investment is normal & does not imply any criminal or ethical violation on the part of either side.
7.    It is the equal responsibility of both sides to inspect & sign documentation sufficiently clarifying each other's risks and liabilities, perhaps with the assistance of an attorney, before accepting or giving substantial money for any reason, so any problem can be settled in court. Not protecting yourself is your own fault.
8.    Using investor money for cash advances is not illegal.
9.    Both sides were fully aware of the nature of the investment & this was not the first such investment entered between these two parties.
10. Previous investment results between these parties were complete before the accuser chose to invest again.
11. To-date, the accused has not publicly posted any defamatory declarations. 

 

These are irrefutable facts that I'm submitting anonymously to leave out my own opinions & influence. Simply read the complaint completely, consider the facts you have and the ones you don't, then judge its validity for yourself.

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#3 Author of original report

Oh Please NOVOSELLER

AUTHOR: - ()

So , JOE and Novoseller family ( like Tammy Tran posted this herself)

You didnt know any of this information about Tammy Tran before you gave her millions of dollars of investor money ?!! All of the sudden you are internet geniuses and now your able to pull up these stories which happened and were posted online years before you even heard her name?

Im confused did you loan her the money or did you purchase her receivables?! Your story in your comment keeps on changing as your stories did to the multiple investors you ripped off . Cry me a river , Canarybusiness funding  netted over half million dollars in fees and commsions just on the Tammy Tran deals alone and you left your investors with massive losses . You didnt care then and you dont care now and dont try to throw Tammy under the bus and now blame everything on her being a scam artist . 

 

 

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#4 General Comment

Tamy Tran Law firm refuses to repay 2.5 Million loanLaw Firm and Estate of John M. O'Quinn Sue Houston Lawyer Over Alleged $1.5M Investment

AUTHOR: Tamy Tran Esq Strikes again - (USA)

The Tamy Tran law firm took loans totaling more than Two Millione dollars backed with personal gaurentees to Joe Novoseller and company. The loans have never been repayed and the Tamy Tran law firm is attempting to renegotiate the loans with a false law suit designed to delay payment while costing hundreds of thousands of dollars in legal fees. 

This is not the first time Tamy Tran law firm has used this tactic to steal millions of dollars from others. 

Law Firm and Estate of John M. O'Quinn Sue Houston Lawyer Over Alleged $1.5M Investment

abajournal.com/news/article/law_firm_and_estate_of_john_m._oquinn_sue_houston_lawyer_over_alleged/

 

Houston Trial Atty Sues Colleague Over Unpaid $1M Loan

law360.com/articles/549063/houston-trial-atty-sues-colleague-over-unpaid-1m-loan

 

Now Tamy Tran Law firm has topped all her previous dollar amounts by personally guarenteeing repayment of over 2.5 Million dolaars and then filing a law suit stragecially designed to delay the repayment of the loan and renegotiate the loan terms under the threat of negative business publicity and legal fees that will certainly be in the hundreds of thousands of dollars and take years to resolve. 

Tamy Tran is a attorney who knows exactly how to take what does not belong to her and this is her profession, she is a attorney and agreed to the terms of the loan and personally signed the loan/investment partner agreeement on the cases placed for collateral, she purposely filed a many false statements that is damaging to a person's reputation and business only after she refused to live up to the business agreement of selling the contingency cases put up as collateral that Joe Nooseller purchased as a business investment.

After the cases were won in court and the large contingency fees checks came and were cashed (these were purchased by Jo Novoseller) that is when the law suit was filed by Tamy Tran in a effort to not keep the agreement.

Law suit contingencies are largely known to be very profitable, Tamy Tran is involved in the BP petroleaum law suit that occurred in April 2010 , in the Gulf of Mexico, more than 50 miles southeast of Venice on Louisiana's tip, on BP's Deepwater Horizon offshore oil rig. Deep-water drilling is the catastrophic BP PLC well blowout that killed 11 workers and caused the nation's largest offshore oil spill five years ago off the coast of Louisiana.  

These cases are potentially worth Billions of dollars in damages, Mr. Novoseller loaned Tamy Tran over 2.5 Million dollars as a investment in order for Tamy Tran to litigate and recover damages on behalf of clients that we efected in the oil spill and other matters being litigated. 

Tamy Tran refuses to honor the loan agreement and is persoanlly responsible for the loans and now has launched a public smear campagne against a honorable, honest hard working business capitol company designed to negate her obligations under the terms of the loan. 

This is a popular strategy utilised in the legal community knowns as publicly destroy and the reputation of the advesary in order to bring them to their "knees" and "settle" the loan amounts for pennys on the dollar. 

This is not the first time Tamy Tran has defaulted on large loans of this amount, she is currently involved in two other multi Million dollar law suits where she has taken money and not repayed themoney totaling $2.4 Million not including the newest unrepaid loan of almosdt $2.5 Million to Mr. Novoseller's business loan company. 

Mr. Novoseller has now become a victim to the Terrorist tactics of Tamy Tran and will respond to Tamy Trane's false trumped up charges in a court of law.

Please do not loan any money to Tamy Tran as she has a long history of taking loans and not repaying them and them creating false accusations in a effort to not repay, this law suit she hasbegun is because the loans are personally guarenteed by Tamy and will in the end be paid in full with additional attorney fees and damages that will be awarded and levied aginst Tamy Tran with the Houston Sheriff's department.  

 

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#5 Author of original report

JOSH NOVOSELLER

AUTHOR: - ()

Let it be known  that ZISHA NOVOSELLER is a good guy and is legit . He is related but is an honest and good man 

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