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Report: #1421852

Complaint Review: Citywide Lending Group International - Long Beach California

  • Submitted:
  • Updated:
  • Reported By: Pat — London England United Kingdom
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  • Citywide Lending Group International 444 West Ocean Blvd., 8th Floor Long Beach, California United States

Citywide Lending Group International Robert Peeler Stuart J. Anderson Evonne Postma Robert Peeler Stuart J. Anderson Scam for $55M debt/equity Terms sheet loan signed executed with $14,150 upfront paid refundable if non performed. Long Beach California

*General Comment: action against fraudsters

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My company ACE limited UK has subscribed a loan for an important aerospace project in September 2015

Citywide lending group international had been introduced by an investment consultant company "Sunbeam Investment Solutions" in October 2015 and managed after by other broker.

Citywide is registred under :

DRE License No. 01796714

After 4 weeks review, our buisness plan and background Rober Peeler President of Citywide approved by his own email our project in November 2015 within 120 business day loan delivery for $55M loan debt/equity 50/50

In december 2015 Citywide issued a Process fee fully refundable if loan non performed. The process fee has been signed between me and Robert Peeler. I personally engaged and paid to them by wire transfer to their bank Citibank of America a payment of $14,150.

In January 2016 CityWide issued the terms sheet with all details and a new lead time of 120 to 150 business days.

Once fees paid, we monthly received updated and small progress of our loan but after 12 months nothing happened.

We sent many email to our assigned Account executive Evonne Postma to update our project, but finally nothing happened and the 150 business day expired.

In January 2017 we sent an email to our Account executive copy to Peeler if nothing really happend in the coming next weeks we would have to cancel our loan due to the non performance and the time frame highly expired. Robert Peeler answers us that if we were not happy, we can give up! then we must send an official letter to Citywide and claim our upfront back according the TS signed more than one year ago!

We sent two letters as the fist one strangely did not never arrived. The first one on February 2017 and the second one on Aprll 17  sent be DHL and well tracked.

Since this date any upfront has be refunded, Robert Peeler and Stuart Anderson complain both about their administration.

Today in January 2018 any Loan has been performed which is highly detrimental on our work, my company and and all partners invovled in this great project.

My $14,150 at this day are still missing and never been refunded. 

Robert Peeler President and Stuart Anderson Vice president do not answer anymore and do not pay back!

I will send a complain throug our international lawy firm and I am going to file a complaint with the FBI.

I guess i'm not the sole guy SCAMMED by them.

I imagine if the business is repeated many times, it would generate a lot of money.

Then Stop, Time up!

I need my moeny back with compensation.

Feel free to report and add comments.

Pat.

 

This report was posted on Ripoff Report on 01/08/2018 02:16 PM and is a permanent record located here: https://www.ripoffreport.com/reports/citywide-lending-group-international/long-beach-california-90802/citywide-lending-group-international-robert-peelerstuart-j-andersonevonne-postma-rober-1421852. 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 General Comment

action against fraudsters

AUTHOR: Mona - (United Kingdom)

POSTED: Tuesday, January 16, 2018

It makes me angry to see how these scammers are exploiting other people's needs. I work with a private investigation agency and we consider taking a class action against people or businesses that are complained about on this website. We aim to help our cleints and people who have been affected by frauds/scams and help them recover their money. We are well experienced (over 66 years), well reputed and we serve worldwide. If you need more information and would like us to help you please get in touch.  https://www.detectiveswilsons.com/ or email us at help@detectiveswilsons.com.

Besst Wishes,
Mona

 

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