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Report: #1524494

Complaint Review: Citywide Lendingn Group-Rob Peeler and Stuart Anderson - Long Beach CA

  • Submitted:
  • Updated:
  • Reported By: Gary — Tomball Texas United States
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  • Citywide Lendingn Group-Rob Peeler and Stuart Anderson 444 Ocean Blvd S-800 Long Beach, CA United States

Citywide Lendingn Group-Rob Peeler and Stuart Anderson They took $50,000+ in refundable fees to provice project financing and never returned the fees when the funding did not occur Long Beach CA

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Citywide Lending Group (Rob Peeler and Stuart Anderson) were introduced to us by Northstar (Tom Ellis and Yasuo Oda) to provide project financing for a development in Tomball, Tx north of Houston, Tx.

We paid in excess of $50,000 in required advance fees that were to be escrowed and were to be refundable if the loan did not fund.  After years of promises, no loan was ever made and after many requests, our fees were never returned.

Bottom line, these guys took many thousands of dollars from us and othere people promising finiancing, some of which I have connected with and discussed our various situations.  To my knowledge, none of these individual groups has ever recieved any financing nor has any of their fees been returned.

These people lived well off of our so called refundable fees.  They were never escrowed as the agreements said but instead the money was spent by Ctitywide and North Star and was not refunded as agreed.

It is my  understanding that the statute of limitation laws have been revised extending the time that one can be prosecuted for this type of fraud.  We will now be joining any of the other groups that are interested to determine what civil and/or criminal actions can be taken to recover our funds.  We welcome others that have had a similar experinece to contact us to discuss joing us in the process.

 

This report was posted on Ripoff Report on 02/10/2023 02:11 PM and is a permanent record located here: https://www.ripoffreport.com/report/citywide-lendingn-grouprob/long-beach-ca-erson-took-fees-1524494. 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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