Complaint Review: David Hughes - Genie Investments - Carson City NV
- David Hughes - Genie Investments 318 N CARSON ST #208 Carson City, NV United States
- Phone:
- Web: www.zoomeral.com
- Category: Loans, Scam Loans
David Hughes - Genie Investments David Hughes, Michael Conner, John C Cohan and Caleb Davis Zoomeral and Genie Investments NV is a SCAM!!!! Carson City NV
*REBUTTAL Individual responds: OFFICIAL REBUTTAL TO DEFAMATORY POST AND FRAUDULENT CLAIMS
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Walter Trock and Michael Lanza from McMann Capital (aka McMann Commercial Lending) are working with Genie Investments NV (David Hughes) to inform borrowers there is a Business Expansion Line of Credit or a BELOC. I wired McMann an upfront $7,800 "due diligence" fee and then after informing me I was approved for a loan, I signed a Bridge Loan agreement and which I then was instructed to wire Genie Investments NV prepaid interest.
I wired over $50K to Genie Investments and till now I haven't received one cent of the loan I was promised. These 2 companies when silent and I haven't heard anything. After months of lying, Michael Lanza and David Hughes try to divert borrowers by saying there is a delay in funding due to the "capital provider" however, no name of any capital provider is given and McMann Commercial Lending and Genie Investments NV have gone silent. They NEVER offered a refund or a recourse because of this "mistake" with the capital provider.
https://www.victimsbelocscam.com/forum/victims-discussion/mc...
https://www.courtlistener.com/docket/68086281/seiler-tucker-...
https://www.courtlistener.com/docket/68037763/north-haven-lo...
This report was posted on Ripoff Report on 01/16/2024 07:18 PM and is a permanent record located here: https://www.ripoffreport.com/report/david-hughes-genie/carson-city-nv-michael-conner-1530711. 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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#1 REBUTTAL Individual responds
OFFICIAL REBUTTAL TO DEFAMATORY POST AND FRAUDULENT CLAIMS
AUTHOR: David hUGHES - (United States)
SUBMITTED: Friday, April 11, 2025
This post contains knowingly false, defamatory, and malicious statements made by an individual who has never been a client of Genie Investments NV, ZOOMERAL, David Hughes, or John Michael Cohan. Hereinafter, the "defamed parties" and "Genie". There is no agreement, transaction, communication, or verifiable relationship with this individual whatsoever. Legal action is underway to identify the source of this fraudulent post, and once identified, the individual will be held fully accountable through every legal and financial remedy available. We will not allow false narratives to undermine the reputation of honest businesses or the professionals personally behind them.
- No Relationship Exists — No Proof Because None Exists
This individual has never applied for funding, received approval, or engaged in any form of business with the defamed parties. The individual's name does not appear in any internal system, communication record, contract archive, or payment log. There is no relationship—period. Any claim to the contrary is not just inaccurate, their posts are a deliberate lie designed to inflict reputational harm.
- Independent Third Parties Cannot Be Misattributed
The post references Walter Trock and Michael Lanza of McMann Capital (also referred to as McMann Commercial Lending). These individuals are independent brokers—not employees, agents, or affiliates of the defamed parties. Holding Genie Investments or its leadership responsible for the actions of unaffiliated third parties is both factually and legally baseless.
- The Capital Provider Breakdown Was Handled Transparently and With Legal Oversight
It is true that a third-party capital provider failed to perform under its obligations—an unfortunate but common risk in private capital markets. However, the leadership at Genie responded swiftly and responsibly. A well-known law firm specializing in private equity transactions was engaged to vet, structure, and negotiate all agreements and contracts with the capital provider. It must be clearly understood: at no time did any member of management send funds to the failed capital provider after they missed a contractually required funding deadline, nor were any funds released without direct legal advice.
A completely false claim has been made that Genie Investments NV knowingly sent funds to the failed provider after it had already defaulted on delivery due dates. This is demonstrably untrue. All disbursements were made in accordance with legally negotiated terms and with the full involvement of our legal counsel. Any assertion to the contrary is not only incorrect—it is defamatory.
- No Silence — No Fraud — Just No Dialogue With Cowards
Contrary to the claim of “silence,” the defamed parties have consistently communicated with legitimate clients and partners. What they have not—and will not—do is engage with anonymous fraudsters attempting to weaponize fake identities and false allegations, nor will they allow any licensed professional to overstep their bounds. The person behind this post, along with others, has created a fraudulent name, a fabricated profile, and a knowingly false narrative on various websites. Everyone can be rest assured: this individual will never reveal their true identity because they know they will be held legally accountable the moment they do. That day is coming.
- No Refund Was Ever Owed — And Genie Has a Track Record of Doing the Right Thing
Refunds can only be issued when refundable money is actually received, but we do not know who this individual is. Beyond that, Genie maintained a perfect track record of issuing in full and timely refunds whenever requested and required—until this one force majeure event involving a failed third-party lender. Even in that case, after years of litigation with a highly qualified, former 12-year Financial Industry Regulatory Authority (FINRA) attorney, members of management negotiated settlements that, if fulfilled by the failed capital provider, will result in all viable parties being made whole. That is not avoidance—that is leadership and responsibility in action.
- Genie Operated with Integrity, Oversight, and Results
Management at Genie has spent decades building a reputation in capital markets and technology as disciplined, competent, transparent, and accountable business leaders. Their companies are legally compliant, from any formations through any dissolutions, and well represented by experienced legal counsel in all transactions performed throughout the course of business. Although Genie and its management have been personally mischaracterized, they have no history of misconduct,â complaints, or ethical violations. This attempt to stain their names with lies and distortion will not succeed—and it will not go unanswered.
FINAL NOTICE
This post is fraudulent, defamatory, and actionable. Anyone who republishes or shares this content will be deemed legally complicit and may be included in the legal proceedings now in progress. We strongly encourage readers to evaluate the facts: this post comes from an anonymous, unverifiable source and contains zero evidence—no contract, no receipts, no communication records. In contrast, Genie and its management personally remain fully transparent, verifiable, and professional in all regards.
Justice will be served. And accountability will be enforced.


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