Commercial Lending Capital Inc., Clcnationwide, Clc CLC NATIONWIDE RIP-OFF ARTISTS, WHITE COLLAR TERRORISTS, ADVANCED-FEE SCAMMERS RIVERSIDE, California

    I wish this company were held accountable for their practices. I worked 8hr days for them for 6mos, and in 6mos I earned $220.00. That's two-hundred, not thousand.

 I pride myself on being honest in business. Yet, the mgmt. at CLC frowns on integrity. I submitted nearly 30 deals here, and even after pocketing up-front fees, NOT ONE OF THESE LOANS EVER FUNDED. I was made to look like a crook; when clients call to ask about the status of their loans, CLC employees are not allowed to discuss anything: instead, clients are referred to "higher ups" who are more skilled at BS'ing the customer.

 I've heard that there are lawsuits & investigations in the works, but these appear to be going nowhere. The company has moved it's office and downsized, but they are still able to line the pockets of the owner (Scott Oakley) and co-owner (Nicole Ferguson). Among the 10-15% of employees who are actually paid, one is Ms. Ferguson's husband, an underwriter who isn't remotely qualified to make loan decisions and who's mathematical acumen should be found insulting by anyone who's attended Jr. high school. Another is Ms. Ferguson's ex-husband, who upon coming to his senses & leaving her, was given charge of a (created for him as hush incentive I'm sure) east coast branch office.

 I wasted 6mos of my life at this company. I wouldn't wish what they do to their employees on anyone, and would like to see them shut down, or at least be made to pay for all that they take from clients, brokers and employees as well.

as an ex-employee of CLC, I can not figure out why they are still able to pretend to make commercial loans. There are very few true 'direct' commercial lenders left out there and CLC is definately NOT one of them. They NEVER have been a direct lender....a correspondent lender at best through InterBay, US Bank, EverBank, Bayview, etc but those relationships dried up nearly 2 years ago. So it's no wonder that CLC has NO money to lend, has NO credit lines, and shops ALL loans that come to them. Bottom line is CLC misrepresents themselves completely. I too fell for their ruse. They don't properly train their employees. If you ask a question regarding the components of a loan, they tell you..."the less you know is better". As soon as a loan comes in they will pressure the Broker to get their client to sign their bogus loan approval term sheet and send in the due diligence fees. After CLC receives the funds, that's when the nightmare and circus act begins. Having brought in several loans to CLC, towards the end, I witnessed first hand their dealings and shady business practices. I am ashamed to have been employed by CLC. I damaged many Broker relationships during my employment with CLC not knowing how their '8000 program scam system' worked. CLC could care less who they screw over, relationships they destroy, lives they disrupt, etc. CLC lives on due diligence fees paying only a core group(cultish) of 'management'. It's a revolving door when it comes to commission only 'Business Development Managers' and 'Outside Account Executives'. With so many Brokers, Clients, and ex-employees upset and fed up with CLC I don't see them being in operation too much longer. Nicole Ferguson, Scott Oakley, Scott Ferguson, Clinton Davis, etc are opportunists, con-artists, and crooks. Commercial Mortgage is full of companies just like CLC. It's a shame that it's come to this. CLC will have it's day in court!!

Well, looks like their are many more who have been victimized by this sham of a company then myself. I fell for the rah-rah training classes and talk of "BIG MONEY" by so called Management, only to find out their were two sides to this place. People who called brokers all over the united states searching for deals (The Victims) with no pay (commission only) five days a week, and then the "Closers, Managers, and other Individuals who were on the other side making salaries(Scam Artist).
 I worked there like all the other people who fell for the scam, with $0 dollars made in a 40 day span, but oh you'll make money soon buddy just keep swimming..is what you hear.
 The public has no idea how many Broker's, Companies, Families, and other ex and soon to be ex-employees have been ripped off by these guys. The guys and girls making the calls to the brokers are the ones making the contacts and getting people excited about making deals, only to get scammed by sending in their money to these crooks, and who's names do the broker's remember??....

 Scott, and the rest of his so called company will be getting what they deserve real soon, If anybody needs proof of Fraud by these people let me know I have it. The Brokers, the Clients, and the Information!!!        Class Action Lawsuit is in Motion!!!

Also for an update on Nicole Ferguson stating previous about slander, Leeann doesn't work for your company anymore either so stop trying to portray yourselves as legit, your not. But hey like all criminals, you will get your day in court real soon... can all these Individuals posting about your so-called company be wrong??? hmmmm...
 

Please do submit your complaints to the Attorney General's office in Nevada and California.  The California Department of Real Estate, Riverside County District Attorney, and the Riverside Field office of the FBI are a few more good agencies to contact.  I am not able to disclose details of pending investiations, but I assure you justice is coming.  For starters, the California Department of Real Estate is in the process of revoking their license.  I've been informed that a hearing has been set and it shouldn't be long before a revoked status will be reported on the DRE web site.  If you are a victim, please contact me and I will provide you with additional information.  (((ROR redacted)))  Please share my contact information with any other victims you may know.