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Report: #364958

Complaint Review: Robert Lewis - Craig Peterson - PARADISE CAPITAL GROUP - STELTH CORPORATE WEPONS - Bakersfield California

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  • Reported By: Chicago Illinois
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  • Robert Lewis - Craig Peterson - PARADISE CAPITAL GROUP - STELTH CORPORATE WEPONS 4312 Boulder Pass Drive Bakersfield, California U.S.A.

Robert Lewis & Craig Peterson - PARADISE CAPITAL GROUP - STELTH CORPORATE WEPONS Scamed over $500,000.00 from investors and are still working the scam Bakersfield California

*Consumer Comment: Paradise Capital Group, LLC Client's Response

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Before money exchanges hands they tell you that no one has ever lost money you are purchasing a corporation with established credit history and with it they are able to ge your company from 1million up to 100million in funding depending on the project. They tell you depending on the amount of money you're requesting your fees up-front range from $10,995 to $39,995 this covers the purchase of your aged corporation with the avalible credit line just waiting for you. They will even go so far as to give you pre-approval letters from bank's and tell you all you have to do is sign to accept the terms and conditions. None of this is true I've gave this company over $60k in May of this year and I've not received anything but delay after delay. I've uncovered some news that they are also using a company name Shelton Credit and working with Mark Shelton out of Las Vegas aka Chicago aka London. This Shelton Credit is also on the ripoff report as well look it up!

The Jigg is Up on this scam the next time you see the name's

Mark Shelton
Robert Lewis
Craig Peterson

Will be on court document's I'll post in the next few week's so that All of America can see this is real and they are Scams taking your money and never giving you what you paif for.

**SCAM**SCAM**
Chicago, Illinois
U.S.A.

This report was posted on Ripoff Report on 08/20/2008 11:36 AM and is a permanent record located here: https://www.ripoffreport.com/reports/robert-lewis-craig-peterson-paradise-capital-group-stelth-corporate-wepons/bakersfield-california-93311/robert-lewis-craig-peterson-paradise-capital-group-stelth-corporate-wepons-scamed-ov-364958. 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:
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#1 Consumer Comment

Paradise Capital Group, LLC Client's Response

AUTHOR: Mr. X - (U.S.A.)

POSTED: Monday, September 08, 2008

Here is a statement from a company or upset individual out there that is obviously angry because we are their competitor and now most of their business traffic flows to this company. Read their below statement and compare stories. Our side of our pleasant experience is after this statement below.

Before money exchanges hands they tell you that no one has ever lost money you are purchasing a corporation with established credit history and with it they are able to ge your company from 1million up to 100million in funding depending on the project. They tell you depending on the amount of money you're requesting your fees up-front range from $10,995 to $39,995 this covers the purchase of your aged corporation with the avalible credit line just waiting for you. They will even go so far as to give you pre-approval letters from bank's and tell you all you have to do is sign to accept the terms and conditions. None of this is true I've gave this company over $60k in May of this year and I've not received anything but delay after delay. I've uncovered some news that they are also using a company name Shelton Credit and working with Mark Shelton out of Las Vegas aka Chicago aka London. This Shelton Credit is also on the ripoff report as well look it up!

The Jigg is Up on this scam the next time you see the name's

Mark Shelton
Robert Lewis
Craig Peterson

Will be on court document's I'll post in the next few week's so that All of America can see this is real and they are Scams taking your money and never giving you what you paif for.







What we know about Paradise Capital Group and owner Robert Lewis........

Paradise Capital Group is a company we heard about via referral. We checked them out and performed a background check along with making sure there were no complaints and they checked out on the Secretary of State as well.

We sent a deposit of $10,995.00 to their office along with a notarized contract. Within 24 hours we had a confirmation of a cashier's check made out to the company that they work with which was mentioned by the party in their above statement. We received a copy of the cashier's check, a receipt, and invoice for the balance of the services we purchased that would not need to pay for until the loan would be funded.

Paradise Capital Group has contracts and a website that does state time frames being from 30 - 60 calendar days but can go up to 4 - 6 months. There are no guarantee statements in their contracts or website which made me think really hard that I may lose this money but I understood the terms and conditions and proceeded.

Paradise Capital Group or Robert Lewis has never made any statements of no one has ever lost any money! What Robert Lewis stated was that he himself had money in this company that performs these credit or financial services and there were no past histories of physical documentation he could show me for privacy and confidential reasons.

Robert also explained the nuts and bolts of how this and what was explained to him and his understanding of how it was presented to him by the company he works with being Shelton Credit, Inc. Here is what I have from my notes........

The deposit goes to purchasing services such as credit partners, business plan services, and investors with current corporations with open lines of credit that can be anywhere from 1 million dollars to 20 million dollars. What they do is then for a short term arrangement transfer ownership of that entity to the client purchasing services; and submit a full package to their in house network of resources which total over 10,000+ worldwide and are investors that are credit investors, real estate groups, equity groups, hedge funding groups, individual investors, private small banks and many other private lending groups that can be domestic or international. You have to admit by reading the above process is really different than your standard methods of going to your bank asking for a business line of credit.

There deposit pricing ranges from $10,995.00 - $29,995.00 depending on what level package you are looking for. These deposits are what are used to acquire lines of credit or term loans ranging from 1 million - 20 million dollars depending on what your business needs are and for amounts over 5 million you may be required to provide more business related information but is not always the case to make sure you are who you say you are and are a legit business owner etc.

You will notice several errors in spelling from the company or individuals posting in the below pasted statements about Robert and his company and company that he works with. I usually am pretty picky about those things and if this person is a professional it would seem they would have better writing skills. At this point it looks like a child's posting so I can't take it serious enough to even consider Robert or his company being involved with such a comment about scamming people out of their hard earned money.

I know a few other client's that are being patient and do understand that there is a risk of after purchasing these services that there may be denials from lenders. I see better chances for me personally than if I were to do this by myself with no credit partners and a week 2 year corporation with very little assets.

Robert did mention there was an individual pre-approval method he was going through in the beginning but due to him bring a volume of clients to the company he works with they set him up on a more efficient method of getting these deals possibly funded.

This person or company states that they gave him $60,000 dollars in May. I remember talking to Robert towards the end of May and asked Robert including himself about how much in deposits have you submitted or how many clients are in under you if you don't mind me asking? Robert responded with $20,000 for his personal deal and $30,000 on another deal with another client that was referred to him.

That adds up to $50,000 and is not of any one persons submitted deals for 60K. It's a complete lie and would not surprise me that it is from a competitor trying to sabotage Robert's relationship with Shelton Credit along with his current brokers and clients. Robert did mention that June was going to be a busy month for him but as for May only 2 deals were submitted. His and one other from a consultant.

This person has mentioned who Paradise Capital Group works with and that they are a scam too. My reply is the truth will come out soon and patience is the name of the game. I myself have been in for almost 75 days. I hear positive news based on what Paradise Capital Group was told and I do not hold Robert to that and understand that he can't control the outcome of any of this.

I recently spoke with Robert about all the drama that has occurred and he did not want to comment any further on the subject other than he is prepared for any type of legal action that may occur. He stated that he has copies of every single cashier's check that was involving an incoming wire and has the companies name and the amount of the deposit on all cashier's checks that were sent next day via UPS with tracking numbers to go with that.

This individual states things about court etc. Paradise Capital Group is well prepared and is scheduled to meet with a Federal Lawyer in case of any legal actions going against him. He is doing this to protect everyone that is his client in case there are problems with the company he works with and cannot show a breakdown of services of how the deposit money was spent. Clients have asked for that information recently. Any clients of Paradise Capital Group or Shelton Credit, Inc will see that most of the deals sitting with them will get funded just don't know exactly what day or week.

Last thing I wanted to mention was a man by the name of Craig Peterson was mentioned in this report below which has nothing to do with Robert's business. He was a contractor for help services for Robert Lewis but somehow ended up in the report and we think because he was still in our phone voicemail system the competitor randomly picked another name to post in the report. Craig Peterson has nothing to do with any business transaction of Robert or his company. I like Robert and would have not spent the time to type all this out if I felt he was a scammer.

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