Complaint Review: Larry Thompson, Alliance Generating Capital - Los Angeles California
- Larry Thompson, Alliance Generating Capital 865 S Figueroa Street/ 2610 Los Angeles, California United States
- Phone: 6266509826
- Web:
- Category: Internet Fraud
Larry Thompson, Alliance Generating Capital Front Fee Scam Los Angeles California
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Searched Linkedin for a lender to provide a $100,000 bridge loan to enable funding of my venture.
Larry Thompson promised he would provide the loan withing 48 hours of receiving a $1,000 processing fee which he later reduced to $500 if I promised to pay remaining $500 when loan was received which I plromised to do.
I paid the $500 loan processing fee which Thompson confirmed. I expected my $100,000 bridge loan in two days as promised. Instead Thompson sent an email requiring $2,200 loan insurance never mentioned earlier and contradicting his promise to fund in 48 hours after receiving the processing fee.
In his rebuttal, Thompson will state he told me he required a loan insurance fee in addition to the loan processing fee or he did not promise funding in 48 hours of receiving the processing fee.
Larry Thompson runs a front fee scam. Do not make my mistake. Pay him nothing.
This report was posted on Ripoff Report on 09/20/2018 05:41 PM and is a permanent record located here: https://www.ripoffreport.com/reports/larry-thompson-alliance-generating-capital/los-angeles-california-90017/larry-thompson-alliance-generating-capital-front-fee-scam-los-angeles-california-1461797. 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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