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Report: #733715

Complaint Review: National Property trust Inc. - New YorkInternet New York

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  • Reported By: Jimmy — sikeston Missouri United States of America
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  • National Property trust Inc. 1275 North First Avenue New YorkInternet, New York United States of America

National Property trust Inc. NPT,Brad Scott, Melissa Levine, Ann Morgan,Andrew Pratt, Allen Glasser I was contacted by Brad Scott pretending to be a representative of National Property Trust a Joint Venture company looking to fund a project that we had been seeking funding thru Go Big Network. He sa New YorkInternet, New York

*Consumer Suggestion: National Property Trust - scam

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i place an online funding ad with gobig network and was approached by brad scott who represented himself as a partner in national property trust located in new york city new york. he said he had looked at our online business plan and executative summary and was very much interested in investing in our project. he sent us a term sheet which spelled out in outline form what the company would do and what we would need to do. one of the things i had to do was sign the term sheet and send by wire transfer $4,000 to their bank in new york city to be used for due dilligance. I did what the term sheet said and we communicated on a weekly basis and did everything they wanted.

the deal was so good i could hardly believe it. i kept thinking to myself this is exactly what i have been looking for. about 2 weeks into the deal brad scott became hard to reach by phone, but when i did reach him it was always about how busy he was and that we would close in 2 more weeks. then he went completely silent for over ten days.

i had the email of one of the other partners allen glasser so i emailed him complaining to him about communication and i told him that i wanted to close the following week as scheduled. he appoligized for brad and said that he is so over loaded and needs help so he being the boss will get help to close the deal on time.

in a few days they bring in a person named andrew pratt who i never spoke to only communication was by email. for a few days he was on fire and then he went silent like brad.

in the meantime founder of gobig network contacts me and saws be on guard with npt we are recieving bad information about them and since you are one of our clients we must notify you to be ware of their situation.

 i continued to contact every one who had an email and they all fell off the edge of the earth. brad is the only one i ever talked to and so there is at leaset one person involved. for all that i know he may be the only person in the whole deal. i truthfull don't think any of these other people exist because i have nothing to believe that they do.

the office address they use is most definitely a ups store. i called it to make sure and they do have a po box no located there. to date i have not recieved any money back. 

This report was posted on Ripoff Report on 05/26/2011 05:58 PM and is a permanent record located here: https://www.ripoffreport.com/reports/national-property-trust-inc/new-yorkinternet-new-york-10065/national-property-trust-inc-nptbrad-scott-melissa-levine-ann-morganandrew-pratt-alle-733715. 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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#1 Consumer Suggestion

National Property Trust - scam

AUTHOR: Melissa L - (USA)

POSTED: Tuesday, June 21, 2011

AVOID THE NATIONAL PROPERTY TRUST AND BRAD SCOTT (AKA. BRAD KUSKIN) as he has created a Ponzi-like scheme to take advantage of the unsuspected entrepreneurs, start-ups and other investors.  The National Property Trust (www.nptrust.com) is an LLC he formed in Delaware and he uses it for fraudulent activity to scam others.    Brad Scott, aka. Brad Kuskin, creates shell companys to con the unsuspected out of thousands of dollars all under the guise of an escrow agreement.  



WARNING:  DO NOT WIRE ANY MONEY TO THEIR ACCOUNT. Their "Escrow and Deposit Agreement" will be nothing more than a means to funnel and launder your money.  More often than not they will use PNC Bank which houses a trust fund specifically for Brads schemes:  its under the name of KRC&M.  Once you wire that money to the account, it is transfer and moved in the attempt to launder funds.   As a distraction, his companies will use several different attorneys on contracts to give the deal some form of validity.  Once that level of comfort is secured, the will terminate the legal services or bounce from one attorney to the next.  Brad cannot provide legitimate proof of funds for any of the deals.  If he sends you a scanned money market statement from PNC or any other bank, call the bank directly for confirmation.  While he has lots of money he has stolen from the unsuspected, he moves the money around.  More often then not, you will see that there is no account under the information he has provided. And, if there is, it won't be there for long so follow-up.  Additionally, he will not provide any legitimate companies he has funded in the past.  He will use fraudulent documents and other shell companies to perpetrate the fraud. Professional looking documents too.  Be forewarned. 



Once he has a deal with a potential client, communication in the beginning with Brad will be frequent and often. However, once the escrow funds are secured from the client, Brad will become more distant and you will find it difficult to reach him by any of the numbers he has provided or email address you have.  He uses several ghost email address which have no real personal associated with them. You will not speak to anyone other than Brad during any of the process.  Once he has your money, you wont even speak with him anymore.   Below is list of shell companies he has either utilized, been associated with or has operated from: 



- Corporatecred.com       



- Intellicred.org   



- Jupiter Bay Holdings



- KR Capital Management



- Kravetz Realty, Inc 



- Kuskin Properties, LLC



- National Property Trust



- Noble Business Funding



Also, check LinkedIn for his companies and/or his name.  You will find that the National Property Trust was active in March, April and dies off quickly in May as more and more individuals became aware of his scam.  The Go BIG Network and other similar companies started making formal inquiries into Brad's business dealings because of individual allegations of fraud.  Brad scrambled and attempted to "re-fund" some of the transactions.  He retreated to secretive behavior directing people to his attorneys.  No answers will be provided.   In fact, I encourage anyone to start searching Brad Scott, Brad Kuskin or any of the above listed companies and you will now find all the warnings necessary to stay clear of his fraudulent activity.  As for the above companies listed; you will be lucky to find a website and if you do, more often than not it will be nothing more than a cache page.  For the www.nptrust.com site he used fraudulent information to build the company around.  If you check that specific website now its practically inoperable and listed as under construction.  Its been that way for a couple of months now. But, search the Internet and you will find several of their original cache pages which they previously had on their website showing the depth of the fraud, falsely using others information for legitimacy. 



Most of the above listed companies primarily deal with transactions around real estate.   That way, money wired to the escrow can be hid or masked to cover "expenditures" in the form of surveys, title searches, inspections, etc and the unsuspected pay into this escrow account believing they are doing so in good faith.  Brad has since tried to expand his scheme to other areas such as manufacturing, retail and Green Technologies.  I have attempted to contact several of the companies either in their process or to warn others of this scam; do not to enter into any contracts or wire money.   I would encourage everyone who has dealt with Brad or any of the suspected companies he is associated with, to make a report with your local law enforcement agency and at the very least make a formal complaint with the Internet Crime Complaint Center (www.ic3.gov) to make the Federal agencies aware.  Please feel free to pass this on to everyone.   AKA - vstrasdas

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