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Report: #478530

Complaint Review: Kenneth Schneider Kas Funding American Funding And Advanced Business Capital - New York City New York

  • Submitted:
  • Updated:
  • Reported By: elmhurst Illinois
  • Author Confirmed What's this?
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  • Kenneth Schneider Kas Funding American Funding And Advanced Business Capital 1755 York Ave Suite 5f Ny,ny 10128 + Adv Bus Cap 2000 Auburn Dr Suite 200 Beachwood, Oh 44122 New York City, New York U.S.A.
  • Phone: 917-733-3877
  • Web:
  • Category: Loans

Kenneth Schneider Kas Funding American Funding And Advanced Business Capital i was originally contacted by advance bus capital who said kas would fund our loan and to give him $7500 which we have in writing was refundable if the loan didn't fund New York City New York

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we were contacted by advance business capital via us mail for a loan i paid them $3500 for a business plan which to date i never got. the idea we were told was this way they could send it to all their lenders. now kenneth schneider whom they told us would fund our loan. we recieved a loi and were told we needed to send him $7500 for due diligence which we got in writing was refundable if the loan didn't fund. then he sent us a loan commitment letter asking us to deposit 1% of the loan amount in a title co.

we became suspious and contacted our attorney who sent him a letter saying the money would be put in his client fund account and when the loan funded he would release it. mr schneider gave us numerous lame excuses as did keith mckenzie of advanced business capital as to when the loan would close. bottom line it didn't and we are out $7500 which schneider got and $3500 mckenzie. i filed complaints with the ny attorney general's office as well as both in ohio and illinois. i have not gotten a response from new york and it's going on 8 weekd since i filed. ohio responded saying i should contact the bb. illinois is still looking in to this. i feel they both are connected to this fraud and will do whatever it takes to prosecute these crimminals.

thank you

John ****
elmhurst, Illinois
U.S.A.

This report was posted on Ripoff Report on 08/11/2009 02:19 PM and is a permanent record located here: https://www.ripoffreport.com/reports/kenneth-schneider-kas-funding-american-funding-and-advanced-business-capital/new-york-city-new-york-10128/kenneth-schneider-kas-funding-american-funding-and-advanced-business-capital-i-was-origin-478530. 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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