Complaint Review: HCR Bancorp - Steve Gurnee - Salem Connecticut
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- Author Confirmed
- HCR Bancorp - Steve Gurnee 20 Hartford Rd Salem, Connecticut U.S.A.
- Phone: 866-472-7781
- Web:
- Category: Financial Services
HCR Bancorp - Steve Gurnee Bait and switch. Not an angel investor. Salem Connecticut
*REBUTTAL Owner of company: Really?
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Mr. Gurnee purports to be the funding when in fact he is not. His listing on various internet sites is deceptive. He requird us to assemble due diligence information, transmit it overnight (hard copy) pay a fee of $750 and then avoided all of our calls. When we finally caught up with him he claimed our deal was in the underwriting department and caught up in the vast number of deals HCR was involved with. The company adress is in a strip mall and likely a mail drop station and the telephone is answered by a service that did not even know what city in which HCR was located. Each time we were told he was in a meeting. Someof the contact names (email addresses) on their website no longer exist. One did and I was told HCR exclusively arranges commercial loans. Mr. Gurnee then requested a $2500 fee to review the information we provided months earlier and he had absolutely no understanding of our deal. He is a loan originator, not an angel, and shops for loans through various web portals. He is 100% focused on the transactional aspects of the money flowing into him. Yes, he had us sign paperwork, under false pretenses and was deceptive in portraying the capabilities of HCR Bancorp.
Chuck
Raleigh, North Carolina
U.S.A.
This report was posted on Ripoff Report on 06/16/2009 06:00 PM and is a permanent record located here: https://www.ripoffreport.com/reports/hcr-bancorp-steve-gurnee/salem-connecticut-06420/hcr-bancorp-steve-gurnee-bait-and-switch-not-an-angel-investor-salem-connecticut-462146. 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 REBUTTAL Owner of company
Really?
AUTHOR: Hcr - (U.S.A.)
SUBMITTED: Thursday, June 18, 2009
I will keep this brief:
1) While it is Ok for my name to be splashed on the internet in a deragatory manner, the person filing the report hides behind "Chuckie Cheese"...really?
2) Just because we CAN invest in your company does not mean we WILL. That's what due diligence is for.
3) Yes the underwriting/due diligence took longer than normal. The business plan supplied for the "next best widget" was complex and technical. We needed to have a strong understanding of it. Obviously our understanding was different than Chuckie's. ( see #2 )
4) Our Letter of Intenet mentions MULTIPLE times that "OUR OR OUR INVESTOR" may be involved in the funding of any deal. I am not sure where the deception is regarding that point.
5) Yes, our company is located in a strip mall, along with @ TWENTY other businesses.
6) Yes we do use a reception service. They provide 12hr a day phone coverage for a fraction of what a live full time receptionist would cost. This is called being fiscally conservative.
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