OCEAN BLUE BANK, OCEAN BLUE CREDIT, ALEX FRAUDULENT COMPANY, NO LEGITIMATE BACKGROUND, USING MULTIPLE ALIASES Rancho Cucamonga California

I too was scammed by this individual(s). I filed a complaint(report #644846) under Ocean Blue Credit Management Corp.  Titled: Ocean Blue Credit Management Corp. sandra Vasquez,Richard Tamaze,Alex Diamond took upfront monies for a funding package that NEVER happens. Consistant with your scenarios in most aspects. I was originally led to a broker. Bill Holiday of Express Business Capital in Blanchard Oklahoma. He appears to working in conjunction with a Ken Martin of 2nd Street Financial and Ocean Blue. After supplying lots of docs and completing a loan application for Bill(express business capital LLC) as well wiring a $1500 . loan application fee to a account # that Bill supplied. He promply sent us a fax with cover letter. It said "Congratulations; your loan request for a business credit line has been approved with Ocean Blue Credit Management Group for their Corporate Bank Line of Credit." We then receive a 21 page fax from "Ocean Blue Credit Management Group". It is their "ORDER FORM" outining the "corporate package" unsecured bank line of credit. It clearly stated on the front page "referred by Ken Martin/ 2nd st. financial and Bill Holiday/ express business capital near the top of the page. It outined a "upfront cost" of $7975. and a back-end charge of 8%. We sent a check for $7975. to OceanBlue CRMG  8333 Foothill Blvd.   Rancho Cucamonga  CA 91730

Weeks pass and then the emails every 30 days or so from info@oceanbluebank.com by a Sandra Vasquez(client services). Same old story, its taking longer than expected...yadayadayada....then finally on March 19th they must be sensing my "nervousness" because "Sandra's" giving me all kinds of info regarding D&B profile, paydex scores, postings on PayQuo score and IntelliScore ratings. I responde by saying "I need something in writing that reassures me that none of this is fraudulent." She responded March 20th 2010. Saying that the company has two pricipals; one is a corporate attorney, the other a CPA. Further stating that "whatever we do is done legally and exactly the way banks want to see it on paper."  In closing she(sandra v) said:" If you still think this fraudulent let us know and we will cancel your contract and will send you a full refund." That put me at ease somewhat and I decided to afford these people more time. Finally then, on Sept. 1st 2010 after receiving a Aug 31st 2010 "update" from Sandra stating our file is still with the underwriter but we are now 5th in line to be funded. I emailed back and said "Well; its way past time to pull the plug on this. This has been dragging out far too long and way longer than we were told upfront. We expect a prompt full refund of our "upfront monies." Ocean Blue NEVER responded to that email request for a refund. Then a couple weeks later I resent that email and added also that I would seek legal action if I don't receive a full, prompt refund. Of course that didn't happen.  The timeline after sending the application fee, receiving the loan approval letter from express business capital (11-23-2009) to sending Ocean Blue the order form and $7975.(12-16-2009) ; here we are on September 30th 2010. I have no line of credit and little prospect of recovering my $9475. spent. Hopefully we can see this thing thru and make sure these"scammers" aren't ripping off other hard working business owners that are just trying to survive a difficult economy. Heck, if business was booming I wouldn't have been looking for an unsecured line of credit to begin with.

Hello Jwhite48.

This website does not allow us to post our email addresses and it seems administrators do not read all the posts.  I will try to get their attention.

I want to somehow get anyone who feels they were ripped off by OceanBlue Credit to unite.  I have the ability and knowledge to at the very least put a dent in the "business" these guys are doing.  I will administer the cost and expense of it all.

I am happy to report that i was able to get my money back from Paypal after a 50 day waiting period.  Total time OceanBlue held my money was about 4 1/2 months.

My intention is to prevent others from falling prey to these vultures.  At the time i was in a hard financial spot and was looking to ease my "cashflow crunch" by getting a line of credit from these guys... people do things against their better judgment when they are under pressure or desperate.  That was my case... i needed a temporary solution and these guys took advantage of my need.  I do not forget people who cross me on purpose.

So i ask the administration of this website to allow me to get in touch with the others who have fallen prey to these guys. For my email address just read all the capital letters:  "(((Redacted))) Do Onto Thiefs Cause Others Matter

CLICK here to see why Rip-off Report, as a matter of policy, deleted either a phone number, link or e-mail address from this Report.

Kam, my e male is (((Redacted)))

Hello to everyone,

First of all, this is a Fraudulent company, no doubt about it.  I was strung along for 4 months and then it took me 50 days of waiting to get my money back!  I am happy to report that i got my full $1040 US dollars back. 

-  A suggestion for anyone who does go ahead and try them out...please only make payment by a credit card.  Do not pay by any other method.  This is the only reason i was able to get my money back.  I filed a complaint, forwarded all the emails conversations i have had with Ocean Blue since day one, then i had to wait 50 days and Visa investigated and i was luckily refunded in full.

Notice there is not one single person who can say they were funded online anywhere.
They will not provide any testimonials or legitimate person ( other than their own associates)

I do not know what the rules of Rip off report are in terms of trying to get in touch with other people who where ripped off due to this company.  ( if any rip-off administrators are reading this, kindly let me know how i can get the other people who posted on this company to contact me?   I realize that i am not able to put my email address on here.

I want to protect others from falling prey to these con artist.

Kam

Hello Everyone!

 If you suspect or are a victim, contact me via email :  (((ROR REDACTED)))
  I'm taking charge and will get my money back.  I will Quarterback the whole effort and will fund the expense also, all you have to do is come along for the ride).  My name is Kam


1.  First of all this a Fraudulent situation, anyone who says it's not, is either an associate, partner or employee of the company.  No legitimate business would treat their clients with such disregards ( on purpose or by mistake)

2.  I suggest to everyone, call Paypal or Visa or which ever method you made payment by.  Ask for a Charge back! ( i have done this ).  I don't know if i'll get my money back as of yet ( but i do know that if a complaint by a consumer is not resolved by the vendor, Visa/Paypal can take away the vendor's merchant privileges.  At the very least this will make it more difficult for Oceanblue to collect payment in the future.  A larger percentage of people will be hesitant to pay by cheque/money order etc.

3.  Can any one tell me where Ocean Blue Credit  virtual office is located ( address & company that the virtual office is located ?)

4.  Someone in the posting on Rip off report mentioned that they are in touch with some other people who have had dealings with OceanBlue Credit.   Please get in touch with them and ask them to contact me.

5.  Get mad! take action!

thanks,

Kam

CLICK here to see why Rip-off Report, as a matter of policy, deleted either a phone number, link or e-mail address from this Report.

You are WRONG. This IS a scam. I've been waiting for my funding since July 13, 2009. That's 71 days and counting. No legitimate credit company takes that long. Whenever I call or e-mail Alex he NEVER returns my calls or e-mails. I eventually got a reply 3 weeks ago from Sandra (funny, though, how you can never actually speak to Sandra on the phone) and was told TWICE that my funding has been delayed. Two weeks ago I asked for a refund and am still waiting, even though Alex told me it would be a week to get my refund.

I have been in e-mail contact with several other people who applied for funding from the Craigslist website and they are all being told the same thing. They haven't received their funding and they haven't received a refund.

I have now had meetings with the FBI in California who have assured me that they are going to do something about Alex whatever his name is. 

J. White has never spent a dime nor lost a dime with the company. His is some type of vendetta only he understands. He has gone to a lot of trouble to put the company under a microscope not only as a business but he went so far as to place personal information about things that transpired during some personal matter possibly a  divorce. How many people would want their business and personal life posted on the internet by White? If you take the time to look into this supposed fraud it has zero to do with business, it was eight years ago and charges were dropped. Anybody can be accused of a crime but accused and convicted are two different things.  J White never did business with the company nor lost any money. What kind of sick motive drives someone like him? I have sent clients to Ocean Blue and they are all happy. I have had client visit the offices recently and he was shown proof of funded deals and is moving forward. He is a very experienced business consultant in LA. I have another client who will be there next Tuesday morning 9-22-09. There are people who have posts on this site who did receive refunds but are too lazy to remove complaints. I know Ocean refunds money. I was on a conference call recently with a customer who bought two corps and after two weeks he got nervous for whatever reason and started talking about a refund. Alex told him fine we can wire it back to you today and the customer said he didnt want a refund he wanted to get funded. Alex does business credit lines and personal credit lines. Complaints on here are all personal credit lines there is not ONE complaint about business credit lines which is what we are interested in. The credit bureaus take 30-45 days minimum to get things done. Alex has no control of that. It states right on the web site 9-12 weeks to fund. The company does have a virtual office as do many of us but they also have different offices for processing and legal which a customer does not see. Alex has always returned my calls promptly and taken the time to answer my questions or to get on a call with a customer. The customer flying out next week for a visit it took like five minutes to set that up and he is not being charged a penny. When it comes to shelf corps they have the best product overall I have been able to find. This of course is my personal opinion based on my knowledge and experience with the company. By the way Alex has no clue I am posting this.

JSD Atlanta9-17-09

Hello,

I applied for the line of credit from Ocean Blue Credit Management Group on July 5,2009.

I have received nothing from this company but delays.I asked for a refund three weeks ago with no money being paid back.

Mr.Alexander and his assistant seem to have this worked out very well.

Still trying to get my money back.

I won't use them again

PennGuy, It is you who are stupid. First of all, hurling insults is childish and doesn't do anything for me. Secondly, I don't think you can read very well otherwise you would have read that I didn't actually make out a check to Ocean Blue - they wanted me to WIRE TRANSFER the money. I hope you know what a WIRE TRANSFER is. It is not a check. I did mention that I researched this bank account and found out it doesn't belong to Ocean Blue Credit at all, but to Alexander Sarwar, aka Alexander Diamond, aka Hassan Sarward. IT IS HIS PERSONAL ACCOUNT.

Secondly, you didn't answer my question which was - did you receive your "line of credit yet?" I'm sure your answer is NO. It hasn't been delayed at all. It is actually not even on its way to you. You are never going to get your line of credit. Ever. It's a scam. Alexander Sarwar/Diamond has a criminal record for fraud. I hope you know what fraud means. It means you are never going to get your money. He's going to keep your "administration fee" and you're never going to get your loan.

Thirdly, I did ask Ocean Blue to cancel my application and send me back my money. I was told that this would take a week to ten days. That was a month ago.

As for my making public threats. That was not a threat, it was a promise.

Pennyguy. I'll bet you haven't received your "line of credit" yet, have you? Alex/Ocean Blue tells ALL their "clients" that their money has been delayed. The truth is that the money NEVER arrives. You have been scammed.

Alex told me that his name was Alexander Diamond. His real name is Alexander Sarwar/Hassan Sarwar. He was dumb enough to e-mail me his bank details so that I could wire transfer the money. the address on his bank records is 5602 East Overlook Drive, Rancho Cucamonga, CA. This is NOT Ocean Blue Credit Management's bank account. This is is personal bank account and the address is is residential address.

I have reported him to the FBI in Sacramento, CA and just in case this doesn't work, I have friends in low places who are going to his address. I want my $1,495 back. HE IS NOT GOING TO GET AWAY WITH THIS.

KAM and JWHITE : I am a client of this company. I dont understand why are you all so fussy about this company unless you have a personal vendatta against them. KAM, If you are a client of this company and you did not get the funding from them why dont you ask for a refund? They say very clearly 100% money back. Did you ask for refund? Did they say they will not give you money?  I am a client of this company. I was referred by a friend of mine who got funded thru this company 3 months ago. Now my funding is delayed . They themselves offered me a full refund. I told them no and would like to wait for the next funding whenever that be.

First of all, you guys , we all, can not find loan/credit from our banks and when some company like this one try to help us we make waves for nothing. Why are we all so stupid ???

Hello,  I may be a victim to Ocean blue credit and "Alex".  I would like to get in touch with JWhite48( who posted the first complaint).

I am very interested and motivated to get my money back and possibly help in stopping this guy from ripping off other people.  Obviously he has thought this through quite well, so it will take some persistence to get this guy.

It will take the collective efforts of the people who have been ripped off by this person/entity.

If there is a way to get in touch through this website... kindly let me know.  It seems that JWhite48 did some good basic investigative work.  If few more people come forward, we can get the law involved.

Again, let's be clear! my interest is getting my money back,  protecting others and possibly shutting down this guy.

First off, I did not ask for a job. I am a private real estate developer in Las Vegas NV and have no need for a "job" as a reseller for your organization.

If what I wrote was NOT true, then please explain the following:

* Why is your website less than four weeks old?
PROOF: http://whois.domaintools.com/oceanbluebank.com

* Why was a DBA barely filed on June 9th?
PROOF: http://acrparis.sbcounty.gov/cgi-bin/FbnSearchDetail.Html/Input?USERKEY=2009080500000000003338FBN&SearchType=BN&BusinessName=OCEANBLUE&OwnerName=&OwnerFirstName=&OwnerLastName=&OwnerMiddleName=&FilingNumber=&Filter=&FilingDate=20090804&ECGID=000000104659&CurrentRecord=1

* Why is Hasan Sarwar, the individual who filed the DBA for Ocean Blue Credit, also responsible for another "financial" site, ASCO Financial Management?
PROOF: http://www.asco.me/

And a "legal services" company, GreenTree Judicial Services, even though there is no Hasan Sarwar listed with the California Bar? And why are all these companies listed with a residential address?

* Why is there no Ocean Blue registered with the state of California department of corporations? Why is there no information on Richard Tamaze, the company "president"? Why did my silent partner call you and hear you state that Richard Tamaze was an executive manager with Bank of America?

* Why did Alex identify Hasan Sarwar as a separate person and co-owner of the company, when Hasan Sarwar is the same person as Alex? And even filed a separate DBA as Alexander Sarwar, which he is advertising himself as?
PROOF: Search "Sarwar" (last name) at this site: http://acrparis.sbcounty.gov/fbn/index.html

* And most importantly, WHY DOES HASAN SARWAR A.K.A. ALEXANDER SARWAR HAVE A CRIMINAL RECORD OF FRAUD IN THE COUNTY OF SAN BERNARDINO??
13 COUNTS OF FRAUD, INCLUDING PC476 CHECK FRAUD, PC470 FORGERY, AND PC459 BURGLARY?
PROOF: Search under "Hasan Sarwar" at this site: http://170.164.31.10/openaccess/criminal/default.asp

Please explain yourself, Ocean Blue Credit aka Ocean Blue Bank aka Alexander Sarwar aka Hasan Sarwar.

The person who has reported this fake on our company is ''John White''. He
called our company several times between July 22nd and July 30th and wanted to become our Sales Agent to promote our services. We decided not to appoint him as our agent for many reasons. He got upset and kept calling our company. Finally we had to nicely give him a warning not to call us for that purpose as we are not interested in appointing him as our company's agent. He got very upset and to spoil our company's image he went on to this site and faked stories trying to make Ocean Blue look bad in the eyes of our prospects. We never said things like we are part of Bank of America or that we are a banking/credit institution etc etc. His story is totally fake. He is just a frustrated man who was turned down for the job he was seeking with our company. We wish him good luck in finding a suitable job.
We are an honest company helping people obtain Business Line of Credit for over 3 1/2 yrs and helping people obtain personal line of credit for over 9 months.

Sandra V.
(Client Services)

The person who has reported this fake on our company is ''John White''. He
called our company several times between July 22nd and July 30th and wanted to become our Sales Agent to promote our services. We decided not to appoint him as our agent for many reasons. He got upset and kept calling our company. Finally we had to nicely give him a warning not to call us for that purpose as we are not interested in appointing him as our company's agent. He got very upset and to spoil our company's image he went on to this site and faked stories trying to make Ocean Blue look bad in the eyes of our prospects. We never said things like we are part of Bank of America or that we are a banking/credit institution etc etc. His story is totally fake. He is just a frustrated man who was turned down for the job he was seeking with our company.

Sandra V.
(Client Services)

The person who has reported this fake on our company is ''John White''. He
called our company several times between July 22nd and July 30th and wanted to become our Sales Agent to promote our services. We decided not to appoint him as our agent for many reasons. He got upset and kept calling our company. Finally we had to nicely give him a warning not to call us for that purpose as we are not interested in appointing him as our company's agent. He got very upset and to spoil our company's image he went on to this site and faked stories trying to make Ocean Blue look bad in the eyes of our prospects. We never said things like we are part of Bank of America or that we are a banking/credit institution etc etc. His story is totally fake. He is just a frustrated man who was turned down for the job he was seeking with our company.

Sandra V.
(Client Services)

The person who has reported this fake on our company is ''John White''. He
called our company several times between July 22nd and July 30th and wanted to become our Sales Agent to promote our services. We decided not to appoint him as our agent for many reasons. He got upset and kept calling our company. Finally we had to nicely give him a warning not to call us for that purpose as we are not interested in appointing him as our company's agent. He got very upset and to spoil our company's image he went on to this site and faked stories trying to make Ocean Blue look bad in the eyes of our prospects. We never said things like we are part of Bank of America or that we are a banking/credit institution etc etc. His story is totally fake. He is just a frustrated man who was turned down for the job he was seeking with our company.

Sandra V.
(Client Services)