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Report: #1209352

Complaint Review: California Investment Network - Nationwide

  • Submitted:
  • Updated:
  • Reported By: Chris F — California
  • California Investment Network Nationwide USA

California Investment Network California Investment Newtwork Bait and Switch Scam Nationwide

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As the name of the site and refund policy indicate there site is a place to network with investors.  I had only been contacted by lenders looking to sell loans. 

I am unable to cut and paste the refund policy to this site but, essentially the site promises a refund if you are not contacted by an investor. 

There is no reason to pay to network for a lender as lenders are readily available for sba loans and the like.  Finding a legitimate investor is something worth paying for but, the site admins now discloses after the fact, that being contacted only by lenders is reason enough to disqualify a refund.

Hence, the California Investment Network, aka Pacific Investment Network LLC, is a bait and switch scam.  They promise an investor and give you a lender.

Sincerely,

Chris F

 

This report was posted on Ripoff Report on 02/15/2015 10:13 PM and is a permanent record located here: https://www.ripoffreport.com/reports/california-investment-network/nationwide/california-investment-network-california-investment-newtwork-bait-and-switch-scam-nationw-1209352. 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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