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Report: #482050

Complaint Review: Meadowbrook Assisted Living, LLC - Riverside California

  • Submitted:
  • Updated:
  • Reported By: Unlucky Investor — Highland Beach Florida USA
  • Author Not Confirmed What's this?
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  • Meadowbrook Assisted Living, LLC 4192 Brockton Ave. #201 Riverside, California United States of America

Meadowbrook Assisted Living, LLC Meadowbrook Assisted Living Fund Joint Venture Assisted Living Investment Scam Highland Beach, Florida

*Author of original report: Courtland Van Oden - Still Lying

*UPDATE EX-employee responds: This is Wrong on Every Level

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Courtland Van Oden, the manager of the Meadowbrook Assisted Living Fund Joint Venture presented this as a "ready to go" business opportunity.  He presented a CD of the existing facility along with the existing cash flow.  He presented expansion plans, along with the resulting revenue growth.  I was told that the closing date on the facility was immanent.

After weeks, then months, he had not implemented the business plan.  He then changed the mailing address and phone numbers to the business without informing the investors.  I was able to re-establish contact after considerable effort.  A few months later, he changed the phone numbers again without informing the investors.  Attempts to reach him by phone or mail have been unsuccessful.

I have received no update reports, or any notice that a business plan has been implemented.  I am convinced that that this business is no more than investor fraud.

This report was posted on Ripoff Report on 08/18/2009 07:00 PM and is a permanent record located here: https://www.ripoffreport.com/reports/meadowbrook-assisted-living-llc/riverside-california-92501/meadowbrook-assisted-living-llc-meadowbrook-assisted-living-fund-joint-venture-assisted-l-482050. 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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REBUTTALS & REPLIES:
1Author
1Consumer
0Employee/Owner

#2 Author of original report

Courtland Van Oden - Still Lying

AUTHOR: - ()

POSTED: Wednesday, January 06, 2016

Courtland is still trying to hide behind his lies.  He never gave HIS number (the one he says hasnt' changed in 8 years) to the inverstors. Just the number for Meadowbrook, which was promptly disconnected. He says here that he couldn't get a property appraisal, but he doesn't say what he did with the investors' money since he couldn't move forward. He says he lost HIS insestment, though he never put any of his own money in, and just frivolously spent the money he raised from investors.

Further more, his previous venture, Eagle Storage (aka: Eagle Enterprises, Eagle Housing, Eagle Helicopter, etc.) defrauded investors of over 20 million dollars! His partner, Michael Bowen, is currenlty serving time in federal prison for this crime! These wolves are all from the same pack. This guy is a thief! Avoid him like the plague!

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#1 UPDATE EX-employee responds

This is Wrong on Every Level

AUTHOR: Facts to the Matter - (USA)

POSTED: Friday, December 18, 2015

My Number has not changed in 8 years.

I was the Manager for Meadowbrook Assisted Living Joint Venture, LLC from 2007 until the office and business closure in Riverside, CA in 2008, the Largest Real Estate/Bank and financial collapse in the History of the United States. I recall CD's going out for the Properties being considered for that venture. Letters were isssued to ALL investors informing them of the inability to obtain a fair property appraisal, due to the rapid (unprecedented) fall of the Real Estate Market. I too lost my investment in this venture as well.  All investors were both informed and aware of the High Risk (in my opinion not fraud just a bad time for America)nature of the investment. 

Courtland 

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