Complaint Review: Hunter Hebert, London Financial Capital LLC - Grand Blanc Michigan
- Hunter Hebert, London Financial Capital LLC Grand Blanc, Michigan U.S.A.
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- Category: Loans
Hunter Hebert, London Financial Capital LLC The biggest con artist in the world Michigan Internet
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I am an entrepreneur from South Africa and I came in contact with London Financial Capital through the Go Big network. They are US. based introducers, however this they doesn't tell you they clearly state that they will fund your project.
I was asked to pay over USD 27 000 in exchange they promised me 100% funding within 35 days after I paid over the inception fees. In exchange for the funding I have to give up 28% shares in my company.
When I had to transfer the funds my Banker alerted me about aRip-off Report that implicates the CEO of LFC. Because of this a very longand difficult process awaited me. The banks here in SA refused to help meand I had a difficult time to transfer the funds as naturally it had to gothrough the bank.
I accepted LFCs explanation and transferred the funds onmy own discretion. This was of cause late by about 3 months because I hadto fight the fires about closing the deal. I took Hunter Heberts word that the person that file the report was a criminal.
The funds were paid over and three weeks later I had a very expensive PPM in my hands. Needles to say the markets crush during this stage. Very concerned I contacted LFC and they assure me that the climate for getting the funding is now better due to the investors seeking different markets than the US.
Confidently I waited the 35 days during this time I kept a close look at the financial markets and forwarded interesting info about SA and the financial and political situations here. The rand depreciated during this time and according to me the whole project became more viable.
This was not to be after about 40 days I have put on some pressure and the introducer replied with a nasty e-mail saying that I have wasted valuable time before I made the introduction fees and now the markets is in a down turn and they cant tell me when there is going to be funding available. At this time they said that they told me that they will close the deal in 90 days.
In the mean time I have bean asked to open a CFC account (Customer Foreign currency account) I applied for this and my banker sent them forms to fill in and till today they haven't returned the forms. Now my banker is saying "I told you that you are wasting your time" I still gave LFC the benefit of the doubt and waited, I do understand that the markets is difficult at the moment and I have paid the money and because of the exchange rate it was a lot of money. I didn't want to just abandon the commitment. In the mean time Partners want out and friends and family are telling me to count my losses.
The problem is LFC don't reply on my e-mails and then I sent more because I needed answers when finally they reply they will tell me that they are so busy and I am flooding them with e-mails and they cant answer them all. The problem here was if they have answered the first on the others wouldn't have followed. I was also asked by the CEO of LFC to locate other projects in my area so some of the e-mails is not even related.
Then, the promises, they tell me in mid November that I will have the funds in ten day stime. I set things in motion here and it backfired on me because the funding did not arrive. Then the promises of "We will give you a full update on the transaction on Monday. Monday will come and no update infect I haven't received any update about anything this go on week after week.
When I do reach them on telephone they will tell me that they are still working on the transaction and we will see movement soon. Initially they said they have seven big investors that all want in on my project. Later they said they have two inventors that are each liquid enough to sign a check for the whole PPM. And they will come back on Monday to us.
On Monday they simply say that the financial crisis is making funding difficult and that I must wait. Later they came back and said there is one investor that said he wants in but he can't take up the whole PPM and he want to bring in another group.
I said that it is fine and why don't they come in and take up part of the PPM to enable us to set things in motion. I can get the project going with a third of the funding to procure the additional land and various other amenities. They will tell me that they will ask the investors and come back to me in a week's time.
Three weeks have passed, when I sent a text message on Saturday the reply was "You must remember it is holiday on Monday and Tuesday and noting will happen before Wednesday.
I suggested that I visit the US and they can then set up meetings with me and the investors if it will help to smooth things over. They said this would not be necessary and I must be patient about the transaction because these things don't happen over night.
I can be patient however if I am being ignored I will get impatient.
I now believe I have been a victim of their dishonest way of earning an income and they can't prove anything they claim on their website. I received a letter from them claiming that I was in breach of contract and that all the time it was me that were at fault.
My experience is a mirror of the first Report filed against them.
If you want more info feel free to contact me.
These People should be stopped and not aloud to carry on Ripping people of for a living.
Louw ****
Limpopo Province
South Africa
This report was posted on Ripoff Report on 02/24/2009 12:49 AM and is a permanent record located here: https://www.ripoffreport.com/reports/hunter-hebert-london-financial-capital-llc/grand-blanc-michigan/hunter-hebert-london-financial-capital-llc-the-biggest-con-artist-in-the-world-michigan-i-427823. 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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