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Report: #1530529

Complaint Review: Asorzana Investment Company - Manama Al Hoora

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  • Updated:
  • Reported By: Jerrold — COLORADO SPRINGS Colorado United States
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  • Asorzana Investment Company Office No 21, Building 290, Block 318 Manama, Al Hoora Bahrain

Asorzana Investment Company Isa Abdula Al-Salem Ebrahim Alborshaid, PHD Approved a loan for 10 million Manama Al Hoora

*Consumer Comment: Absokutely Incredible

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I found Asorzana on Linked In through one of their brokers. I applied for loan and was approved. I paid for SPV (special purpose vehicle) then paid for PPI (private payment insurance). Was supposed to close and wire funds. At closing they demanded an additional 500,000 USD to pay for bank certifications. They would not bend or negotiate on this fee which was never disclosed and is a violation of our signed contract. 

This report was posted on Ripoff Report on 01/04/2024 08:34 AM and is a permanent record located here: https://www.ripoffreport.com/report/asorzana-investment-company/manama-al-hoora-isa-abdula-1530529. 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 Consumer Comment

Absokutely Incredible

AUTHOR: Irv - (United States)

POSTED: Thursday, January 04, 2024

Still another top example of complete lack of any Financial Common Sense! This is nothing more than an advance fee loan scam and YOU fell for it! Absolutely incredible! Here, do this: Go to a car dealer and buy a car with $999 dealer fee' $700 electronic filing fee, $4000 in dealer installed options you didn't ask for, and a $2000 advertising adjustment. Make sure you ask for nitrogen in your tires so they can charge you $200 per tire and better yet, don't buy it., get into a CAR FLEASE and pay an additional $995 acquisition fee and when you turn it in a few years later, agree to $3500 in excess wear and tear charges and $1500 in new tires. You'll fit right in with all the others without financial common sense!

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