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Report: #1513661

Complaint Review: Luxe private capital / Jim James Zeke Zambarelli - College Grove Tennessee

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  • Reported By: John — Long beach Ca United States
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  • Luxe private capital / Jim James Zeke Zambarelli 7064 crimson Lane College Grove, Tennessee United States

Luxe private capital inc/ Jim James Zeke Zambarelli Jim Zambarelli, Jim James Zambarelli, Jim James Zeke Zambarelli, Luxe private capital Inc.,Castlehead escrows, Cardinal escrow, Newport Beach Corona Del Mar Long Beach El Segundo college grove Tennessee lent $10k to receive $17k in 20 days and received nothing in 5 months College Grove Tennessee

*REBUTTAL Owner of company: Jim Zambarelli on the run

*REBUTTAL Owner of company: Bob Nest/ Jon Lake

*Consumer Comment: I’ve also been scammed

*Author of original report: Please don’t spin the information

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Lent Mr. Jim James Zeke Zambarelli With luxe private capital inc $10,000 in exchange for a profit of $7000 for a total of $17,000 due in 20 days. Signed contract received nothing in return five months later. Jim Zambarelli is in the Business of putting together private real estate deals using private money yes he found a way to fund my first home for me. Then he solicited me for a private transaction in exchange for a huge profit in a short period of time.

We all know this is called Ponzi scheme! FTC report was filed attorney generals report is being filed And Mr. James Zeke Zambarelli is starting to stop communicate with me has not sent me one dollar but says he promises he's going to pay me he ran into some unfortunate circumstances. When you're a private investor and you're soliciting money every day the only Problems that you have is that you're not doing your job. Seems to me he's been doing this a long time leveraging other peoples money to pay back other peoples money true Ponzi scheme.

He continues to pay his mortgage his property has gone up in value and he refuses to pull the money out of his own home to pay me back. He flies back-and-forth from his college grove home in Tennessee to California to keep soliciting business but yet he doesn't pay me a dollar. I'm not a nice guy I'm actually a pitbull who's getting ready to bite his head off but I'm going to expose him for the dirty piece of trash that he is before I do so. Anybody who's asked or comes in to contact with his business or himself personally run for your life and do not engage with this individual.





He will take your money and he will lie to you in his face on the Internet is the nicest of faces but don't kid yourself this guy is a selfish self absorbed criminal and my wife and I are in the process of filing charges to prosecute him. My name is John Lake And if anybody out there has had a bad experience or a similar experience like mine with Mr. Zambarelli please reach out to me directly so we can form a class action lawsuit against him and his family.

My number is 818-299-1636. Tells me you couldn't pay me because his email was hacked and then his banking accounts got hacked but then he's got all this money in his bank account said he sent me pictures of but can't send me one dollar. Owns $1 million home but simply can't pay me a dollar. He continues to pay his bills and I'm sure he's getting prepared to have a nice Christmas with his kids on my money. He will be in a big surprise when the man with gold teeth shows up at his front porch ready to chew his ears off.

This report was posted on Ripoff Report on 11/14/2021 04:08 PM and is a permanent record located here: https://www.ripoffreport.com/report/luxe-private-capital-jim-zeke/college-grove-tennessee-el-1513661. 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:
1Author
1Consumer
2Employee/Owner

#4 REBUTTAL Owner of company

Jim Zambarelli on the run

AUTHOR: jon - (United States)

POSTED: Monday, March 18, 2024

 I hired a collection agency to find this guy and work to get a judgment. Mr Zambarelli was having nice conversations with the agent trying to schmooze up to him. Amazing how he would answer his calls but not mine ever. Once he knew the collection agency was on his tail, he immediately moved out of his property with his family. Disconnected all of his phones. Nowhere to be found. It’s obvious that he’s using his wife To rent property and put phone accounts and credit cards in her name so he can’t be found.. This collection agent gave up because of his level of mastery. Got a cal from a hotel in Tennessee where he conned them out of $10,000 staying into a very nice hotel, He told the hotel he needed some time to pay but wanted to stay for the month he and his kids while their construction project was being handled. The Hotel would go up and try to lock them out. The kids were used as human shields. The hotel called me saying they didn’t know what to do they thought they were going to get fired because of the fact that this guy conned them out of $10,000 without paying. Sad story! Spoke to a new collection agent who is a bounty hunter Looked at his file history and knows everything about him told me he cannot find him anywhere. I have to say Mr. Jim Zambarelli you are a career credit criminal exactly what the collection agent told me I give up chasing you as I’ve mentally written off my $17,000 debt to you as you have refused to do the right thing and pay me back. While my kids made sacrifices so you could play with my money I’ve gotten to a place where we’re going to say goodbye to the money and move on. You on the other hand can jump off a cliff ok! I know you will see and read this. I hope you change your name again!!!

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#3 REBUTTAL Owner of company

Bob Nest/ Jon Lake

AUTHOR: Jim - ()

POSTED: Friday, January 27, 2023

 Dear Mr Nest Please let me know when we have ever spoken about doing a loan for you. We do not do consumer loans for Primary Residences. We Fund Real Estate Development deals. If we have spoken in the past I do apologize for not remembering you and or your situation.

Lake first off yes I did fund a property for you that I as to be an investment property as you already owned a home. You signed a notarized stating you would not live in the home during the loan term. You did and committed mortgage fraud and you had to refi before we called the note due. I also then signed a contract with you to do some credit work for me that took two years of nothing. I did not solicit you for money as I only deal with accredited investors and a min of 100k commitment. I welcome a forensic audit if you feel need to do so. Also I have had conversation with people you put complaints into and nothing was found in wrong doing including the board of realtors. Let’s tell the truth Jon you never completed the service I paid you for.

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#2 Consumer Comment

I’ve also been scammed

AUTHOR: Seema - (United States)

POSTED: Thursday, December 22, 2022

 I also invested with Jim Zambarelli, Private luxe capital. He was on a zoom call and was looking for funds. He’s dropped out of sight, wouldn’t answer phone calls or emails. He briefly surfaced in Oct and told me that his accountant would send the funds ASAP, no contact since then. Private number is now disconnected, business one stopped working months ago.

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#1 Author of original report

Please don’t spin the information

AUTHOR: Bob - (United States)

POSTED: Wednesday, December 01, 2021

 Please let’s not try to polish the story from here as you put us in such an 11th hour issue and raised the cost of the loan just because you thought you had us during the thick of covid. You made a number of last-minute phone calls trying to chase somebody down to procure our loan you put us in such an awful position I’m telling other people to stay away from you because they will be in the same position that we were in and it was so uncomfortable and so stressful it’s not worth even going down this road.

Once again we were given such a mastery level of everything's fine everything's OK until it when it really came down to closing. Even remember when the owner of the company got on the phone and he was in such a desperate place of not being able to help us at the 12 hour it was terrible. Of course now post Covid you’re coming back and you’re wanting to get rid of this information or makes people think that the story is what it wasn’t because money is flowing a little easier now. 

I would say if it comes down to integrity stay away and learn to be honest with people. We are not an intelligent buyers what a horrible term analogy you would use to degrade us as a buyer when we closed on a $2 million property with somebody after your game of headache.

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