JS funds JS Funds Inc. Univerlaw James Scalisi JS Funds, UNiverlaw and James Scalisi have all been falsified online with ficitious websites in order to gain client trust and money Brussels, New York New York Internet

Hello Mr Maxey,

 This is Nav Shipra in response to your latest out burst.

For some reason, we have not heard from you since our last communication and now we find that you are continuing your smear campaign against our organization.

We request that you begin your lawsuit and we will defend ourselves.

Once again we are back to the same point, you are very upset that you lost your $10k. We understand and respect that. We also continue to work with other parties who have also been taken in by them.

I WOULD LIKE TO OFFICIALLY THANK THE RIP OFF REPORT.

 Because of their high google rankings, we have stopped other groups from giving money to JS Funds. We have forwarded them onto the proper authorities as part of their ongoing investigation.

To you Tyris Maxey of Chicago. We still wish you the best even though you continue to smear our good name.

 Thanks.

As you can see the company's of Nav Shipra has changed, just like JS Funds has changed theirs. This guyb wants to be indignant fine. Answer a few direct questions and not rebutt in the abstract.

1. Did you not tell me on more than one occassion that you had completed deals with JS Funds?
2. Did you not on more than one occasssion tell me they were completely safe, you knew this from past experience?

3. Did you not tell us that Univerlaw was an Escro service you had used with JS Funds in the past and had no problems?

4 Was it not, my email to you that first informed of you of the fradulent website?

I could go on, but will stop here because Mr. Shipra is not experienced enough to understand that lying to get into a contract makes that contract null and void. There is no circumvention in a deal YOU knew or should have known was a SCAM! YOU LIED Buddy, end of story and if you keep replying I will make you prove it under oath in a court of law.

Reward: $1,000,000 For Information Leading To Arrest/Conviction For individuals representing the following firms: JS Funds (jsfunds.com), Univer Law (univerlaw.com),Law Quan (lawquan.com) and Swiss Capital Holdings (http://www.swisscapitalholdings.com) for financial crimes committed.

For more information, please visit: http://ifcinvestigators.co.il/1-million-dollar-reward-information-js-funds-management/

I said that I would wait to see if JS Funds would indeed conclude their business with my company in a prompt manner. They not only have not concluded our business, they have stop answering calls and responding to emails. At this point we can conclude that they are a scam operation. 

For the record, my company was lax in any of its diligence and the info posted above was found by my company and not Abler Finance. JS Funds and any of its principle are complete fakes and only got away with a portion of what they sought from us (About 10%). 

I will be posting on every website possible about JS funds and its phony business. In the future, be wary of anyone that says that they can create funds from an SBLC, BG or any type of bank instrument. These deals are fake and will only succeed in wasting your time and losing you money!

Please see my Responses in RED and BOLD

I am the Chicago based Client mentioned in the report. The author failed to disclose several discrepancies on their part. First off, any diligence that was done was taken on by people of my employ. The information shared with the author was done so in confidence. When we first engaed with the author, he informed me that had been doing business with JS Funds for years and had completed many deals with them. He also told me that he could assure me that money was safe. So, either he has been doing business with JS Funds for years and knows all too well what happend here or he lied too me and has never done business with them, but said so to manipulate my trust!

Interactive Had a Joint venture agreement with the client , who was the partner in the deal. It was signed and deleivered. We just had one call with the client and he worked with his consultant througout the deal. We never discussed about the funder or that we have done deals with the funder during the call. That is the truth. we entered the transaction in good faith.

I find out during the course of the transaction that the author had no knowledge of JS Funds and their business and had never completed a deal with them, in fact they had no idea who he was. 

JS Funds was a funder, and we worked with all parties involved in good faith ( along with Chicago client) upto a certain point to carry out a legal transaction, which never took place end of the day.

Sometimes deals don't happen and this one surely hasn't, now the author expected a fee for completing the deal, but now that its not going to happen, I have not heard from him or his company and they have not lifted a finger to try and ensure that I get my money back. As a matter of fact all of their actions have been taken outside of myself and my counsel and have done nothing but further injure my company. 

This is not true. We have written and tried contacting JS funds on behalf of the Chicago JV partner. But The JV agreement was cancelled as of May 14th and We gracefully accepted their withdrawal. And We were informed by his Consultant that they have already had confirmation of their money being refunded. We had a JV and we have not done anything to injure the client. The JV partner , in this case Chicago client ended the JV transaction and circumvented all parties to initiate a different deal with JS funds. We ended the transaction as requested by the Chcago client and also his consultant instrcuted him to request the refund as per the agreement he had directly with JS funds. Not with anyone esle, which we received his comfirmation that he did request for the moeny. With that our JV was ended. We were unaware of his actions of reching out directly to JS funds on his own with the intent of initiating a separate deal althogether, which we were not aware. Therefore in conclusion he inflicted injury on his own company by not being upfront and ethical.

Before pointing the finger, I suggest the author take a long look in the mirror!

I have to say the same to you based on the facts stated above , and we have proof for them.

Factual Informaton, Supported by Email(s).

The above report was was authoried by Nav Shipra of Abler Finace, http://www.ablerfinance.com/ . Mr. Shipra approached another registered JS Funds broker (who shall remain nameless for privacy purposes) to bring forward loan applications to JS Funds. 

After multiple submission one paticular client of Mr. Shipra performed to the executed agreements and deposited a refundable Underwriting Deposit in escrow. After this action, it was detirmed that the client was not adequetly prepared for the transaction, nor met JS Funds requirements for sophisticated investors. JS Funds simply declined the loan application. 

The direct client (who shall also be nameless due for privacy) then contacted JS Funds directly and stated that Mr. Shipra had been less than forthcoming with information. 

My company was introduced to JS Funds by Nav Shipra (I think that is his last name) of Abler Finance. We were interested in entering a deal for financing. Nav, paired us with another company owned by a gentlemen named (NAME REDACTED). 

He also stated that Mr. Shipra was attempting to have the loan proceeds directed to an account of his control, and disperse proceeds. 

3. At the very beginning we were told that we were the beneficiary of a non-recourse loan from (NAME REDACTED) because we were handling the upfront cost. I find out later that the entire loan is non-recourse and that we are simply paying the freight for this (NAME REDACTED)! of course we had problems with this and reached a stand still.

He then stated that he no longer wished to work with Abler Finace; 

I came into this deal with an open mind and willing spirit, I have been disappointed, not told the whole story in some aspects and been a victim of incompetence. I would very much like to get a deal done with JS, one that is mutually beneficial and my team unencumbered with brokers can act swiftly and in a responsive manner. If we can work together Sir, please contact me and by all means you will find someone a lot more savvy than meets the eyenwhen opportunistic parties are not trying to satisfy their own goals. If you  feel JS Funds allegiance with Abler precludes us from working together in any capacity, I understand and respect that.

He futher confirmed that they were no longer working with Abler Finacer, nor Nav Shipra;

 P.S. this is not an attempt to circumvent, our association with Abler was cancelled per Abler, so legally and morally there is no conflict of interest on our part.

We replied with; 

Im sorry that you have had a poor experience. We try to work as closely with our clients as possible and deliver an exceptional experience. Unfortunately sometimes when client engage us with consultants or brokers, we cannot control the information that is provided.

I have never heard of Abler Finance, however (NAME REDACTED) is a registered consultant with us. He has submitted multiple transactions, however there seems to always be an issue with the clients not understanding our structure or the process, and the files never move forward. If he stated that the monetization proceeds would have went directly to him that was improper. I can also state clearly that he may have attempted that, however as the process moved forward he would have learned the funds would have been released directly to you, as legally they must.

If you have any additional questions, please feel free to be in contact with (NAME REDACTED). (NAME REDACTED) is still a registered consultant with us, so we would have to honor his registered fees which I believe are X%.

JS Funds continued to work with the specific client, until we discovered that they do not meet our minimum underwriting requirements, and that Abler Finace was less that truthful with the orginal submission. We declined the application directly. The client then upset, went back to Mr. Shipra and wrote the following email;

You have told me unequivocally that you have CLOSED deals with this group before. That means that you have received a commission from a client that has been disseminated funds from JS Funds. I am asking you flat out if that is the case?

In closing;

1). JS Funds has never conducted a transaction with Abler Finance, nor Nav Shipra. 

2). JS Funds has never closed a transaction with Abler Finance.

3). JS Funds reserves the right to decline any loan application outright, or due to fraudulent submissions. 

Redacted Orginal Email: 

>   > > ---------- Original Message ----------
> >   From: XXXXXXXXX
> >   To: XXXXXXX@jsfunds.com>
> >   Date: May 14, 2014 at 2:35 PM
> >   Subject: Re: RB XXXXXX
> > 
> > XXXX,
> > 
> >   My company was introduced to JS Funds by Nav Shipra (I think that is his last name) of Abler Finance. We were interested in entering a deal for financing. Nav, paired us with another company owned by a gentlemen named XXXXX.
> > 
> >   While there was always questions, we did agree to the deal which would have saw us place the monies required to receive a term sheet into escrow. We have since asked for those funds to be returned to us from a Mr. James Scalisi, I hope that you can be of some help in getting those funds returned expeditiously.
> > 
> >   Here is the reason we are choosing to have the funds returned instead of moving forward:
> > 
> >   1. With Nav as our broker we felt that we were in the dark more times than not. We were afforded no information of past deals with JS FUNDS nor their success or failure.
> >   2. Whether intentional or not; we were told that our deal could be secured by insurance, a separate policy held by us. That was not the case.
> > 
> >   3. At the very beginning we were told that we were the beneficiary of a non-recourse loan from Ranil because we were handling the upfront cost. I find out later that the entire loan is non-recourse and that we are simply paying the freight for this Ranil! of course we had problems with this and reached a stand still.
> > 
> >   4. The only negotiation from XXXXX side is that the offer us money that we paid t have produced!
> >   5. Initially I was told if I had reservations our funds would be returned and we could re-negotiate, Nav emails me that is no longer an option JS Funds will not be working with me in the future. Is this true? If so, why?
> > 
> >   I came into this deal with an open mind and willing spirit, I have been disappointed, not told the whole story in some aspects and been a victim of incompetence. I would very much like to get a deal done with JS, one that is mutually beneficial and my team unencumbered with brokers can act swiftly and in a responsive manner. If we can work together Sir, please contact me and by all means you will find someone a lot more savvy than meets the eye when opportunistic parties are not trying to satisfy their own goals. If you feel JS Funds allegiance with Abler precludes us from working together in any capacity, I understand and respect that.
> > 
> >   P.S. this is not an attempt to circumvent, our association with Abler was cancelled per Abler, so legally and morally there is no conflict of interest on our part.
> > 
> >   Warm Regards,

I am the Chicago based Client mentioned in the report. The author failed to disclose several discrepancies on their part. First off, any diligence that was done was taken on by people of my employ. The information shared with the author was done so in confidence. When we first engaed with the author, he informed me that had been doing business with JS Funds for years and had completed many deals with them. He also told me that he could assure me that money was safe. So, either he has been doing business with JS Funds for years and knows all too well what happend here or he lied too me and has never done business with them, but said so to manipulate my trust!

I find out during the course of the transaction that the author had no knowledge of JS Funds and their business and had never completed a deal with them, in fact they had no idea who he was. 

Sometimes deals don't happen and this one surely hasn't, now the author expected a fee for completing the deal, but now that its not going to happen, I have not heard from him or his company and they have not lifted a finger to try and ensure that I get my money back. As a matter of fact all of their actions have been taken outside of myself and my counsel and have done nothing but further injure my company. 

Before pointing the finger, I suggest the author take a long look in the mirror!