Complaint Review: JCF Capital - San Diego California
JCF Capital Justin Floyd Con artist acting as a capital advisor San Diego California
*Author of original report: The proof is in the pudding.
*REBUTTAL Owner of company: False Claims & Potential Criminal Activity
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This guy Justin is a slick character. He claims to have hundreds of private clients and relationships with funding sources, but in fact he has a list of venture capital firms you can download off the internet for the price of an hour worth of internet time and the local library.
A company I consult for hired his firm because he was referred by a lawyer (dont even get me started on lawyers). He came out and told us how great heis and how successful he has become. It was right before Thanksgiving and I suggested to my employer that he wait until January or February before he get started with the fund raising campaign. EVERYONE knows bankers and rich people dont spend the holidays pouring over business pland and looking at new possibilities....they enjoy themselves and go on vacation. That's the whole point of being rich and successful.
This guy claims November and December are their very best months, and in year's previous they did huge amounts of invesmtnets, more than any other months! Well, needless to say, he gets his $15,000 retainer. Two months go by to January and then one phone call happens. A company that wants to steal the small business technology. Very nice. Three months go by and nothing. Justin doesnt even return his calls, texts or emails.
Just when he is about to be written off, he reappears andsays he has all these hot leads. But, his 3 month deal is over and he needs $5,000 per month to work the investment. No one is calculating that a 10% fee is worth at least 10 times his monthly demand, so he gets paid another $5,000. Low and behold....another month goes by with absolutely nothing....until another invoice for $5,000 more shows up. This guy spends more time on hismonthly invoice that actually doing any work.
He had all this history when he signed his agreement in November 2015, but he hadnt received his broker license until September 2015. He spit back the same collateral material he was provided, but he did manage to put his own name on it first. He doesnt have any employees...only a few foreign students that work as 'interns' that dont need to be paid. I guess in order to get your license you need to be able to scam, swindle and cheat your way to other people's money.
Stay away from this guy. He has nothing you need.
This report was posted on Ripoff Report on 03/07/2016 11:51 PM and is a permanent record located here: https://www.ripoffreport.com/reports/jcf-capital/san-diego-california-92122/jcf-capital-justin-floyd-con-artist-acting-as-a-capital-advisor-san-diego-california-1292280. 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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