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Report: #583533

Complaint Review: Mayfair capital Advisors - New York New York

  • Submitted:
  • Updated:
  • Reported By: john merrick — winona Texas United States of America
  • Author Not Confirmed What's this?
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  • Mayfair capital Advisors 110 wall st,11th floor New York, New York United States of America

Mayfair capital Advisors Stole escrow money, unable to return it ,guarantee in place, New York New York

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With contract of guaranteed funding from mairfair i sent $31,895.00 to escrow account held by D. Andrew Marshall and associates a law firm in charge of escrow account. A letter was sent to me stating there was a guaranteed committment  on funding loan , I in turn was asked to send letter stating I had receive this information which i did. At this point marshall and associates released escrow to mayfair.

mayfair also has language in there committment letter that states escrow will be returned if funding is not acheived. They had 30 days to fund after receiving escrow funds that was 10/31/09. they refuse  to return escrow and I have been told they cannot fund loan as agreed.

This all seems like a scheme to extort money from people who beleive there are firms trying to do the right kind of business. I know of one other company that mayfair did the same way.

This report was posted on Ripoff Report on 03/21/2010 06:33 AM and is a permanent record located here: https://www.ripoffreport.com/reports/mayfair-capital-advisors/new-york-new-york-10005/mayfair-capital-advisors-stole-escrow-money-unable-to-return-it-guarantee-in-place-new-583533. 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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