ITL Global Capital, LLC ITL Refuses to honor agreement for 2 Million Dollar Loan and Lied about Refunding $30,000 initial Investment New York New York

 ITL wasn’t in the wrong woth this transaction. I’ve found several other reports against Soleil for the same thing that happened to me. They have a history of taking people’s money and not providing the promised financial instrument. ITL remains reputable!

ITL  agreed to fund my loan in about 2 weeks and 5 months later they told me it is my loss. They then promised to cover the refund and that it would be resolved quickly. THey then said it was my loss 6 weeks later and to start dealing with a partner soliel bank, who is not helping to resolve the fraud issue. Each company claims the other one is at fault and says they are not responsible for the 30K refund.

DO NOT use either institution! I don't want this to happen to anyone else!

These are their numbers:

Soleil: US Phone: +1 646 415 8261

Romania Phone: + 4021-335 09 50

ITL GLobal: +1-844-806-8235

 I created a contract with ITL Global Capital to fund a Real Estate Development Project for $2,000,000. I was introduced to this company through Hallel Capital, who served as the mediator between ITL and Myself, and was handling all communication. We signed an agreement where they promised to fund the deal and they would be able to return the $30,000 required to start the process, and pruchase the bank guarantee. We were going to use Soleil Chartered Bank as the Bank Guarantor to facilitate the funding. The mediator (Hallel Capital) told me it was time to send in the $30,000, which I did since they were in direct communication with ITL Global Capital.

     Several weeks go by and no funding is received, and it was several weeks past the day ITL promised the funding. They then said I sent the money to Soleil Bank to soon, and no agreement for the bank guarantee was created. However, Soleil Chartered Bank refused to return the $30,000 because they already created the Bank Guarantee, but wouldnt give the guarantee to ITL. So, the money was in limbo and they wouldn't give it back.

     ITL agrees that they will cover the $30,000 and proceed with the funding, and promised they could get it done within 30 days. ITL then proceeds to drag me along for 3 months, and continue to miss the new deadlines they promise for funding. Eventually, they tell me that the funding is on the way, but they sent the wire through the Bank of China, which they don't have any bank affiliation with. This extends the process by 30 days, and I still dont receive the funding. ITL then recalls the funding so they can send it from their Lawyer's Trust account, which they admit they should've done in the first place. That also takes 30 days.

     Eventually, the 30 days they said it would take to get the money in there account is up, and they say they will wire it over. A week goes by with no money being sent. They then admit that the guarantee they used was no good, and that they couldn't get the funding. They then broke the agreement and said they would not fund the deal at all. They promised they would give me the intial $30,000 I gave to start the whole process, and that it woiuld be wired within a week. This process has dragged out for 6 weeks and the $30,000 has still not been returned. 

     ITL is now saying it isn't their responsibility to fund the 2 million or return the $30,000 and that the fault lays with myself and Soleil Chartered Bank. As far as I'm concerned both entities are at fault together. Soleil for keeping the $30,000 and not providing the promised instrument, and ITL for breaching the written agreement and not producing the $2,000,000 and being misleading about being able to fund it when they weren't able to, then promising to return the $30,000 for 6 weeks and deciding not to do so.  I simply want the $30,000 returned, so that I can proceed to utilize other sources for funding.

Richard Rogers

Fort Worth, TX