Complaint Review: Financial Development Group - Billings Montana
- Financial Development Group 1925 Grand Ave, suite, 127 Billings, Montana USA
- Phone: 866-496-7240
- Web: www.financialdevelpmentgroup.com
- Category: Financial Services
Financial Development Group FDG Grants, Fraud, Initial Deposit, Contract Fraud, Misleading, Tons of Documents, Forms Billings Montana
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Financial Development Group (FDG) claims to be a grant writing company. Once they take all your information they claim to pre-screen you to see if you qulalify for grant $. They claim to have thousands of grant sources in their rolodex that they work with.
They enter you into a 4 month contract, and it all looks legit. Their website, paperwork, contracts are all very professional. They were listed with the Montana BBB with an accredited AAA rating. THey are now removed, but at the time of our contract they were listed. They ask for two installment payments of $2,150 each. Then, they claim they will get you funded for your pre-approved amount in 14-16 weeks.
During those weeks, they appear to be even more professional by transferring you up the ladder to more sophisticated management and having you fill our more professional paperwork on your buisness to "get ready to go to market."
They charge an additioal $5,000 once your grant monies are received. But, if they do not deliver the contract calls for you to get your initial down payment back and for them to work another 12 months securing grant funds.
The scam is that once your contract is up they send you an email stating they have dissolved and will more than likely declare bankruptcy, and that you should file with the other creditors for any available funds. They also remove themselves from the BBB.
The registered owner is Chris Heinrick, and the names (real or not) of the people we dealt with were Richard Miller, David Blake, and Paul Harris.
This report was posted on Ripoff Report on 12/11/2014 09:40 AM and is a permanent record located here: https://www.ripoffreport.com/reports/financial-development-group/billings-montana-59102/financial-development-group-fdg-grants-fraud-initial-deposit-contract-fraud-misleadin-1194689. 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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