Complaint Review: Orange Crest Realty -- Ronald Shade, President - Riverside California
- Orange Crest Realty -- Ronald Shade, President 6346 Brockton Ave Riverside, California U.S.A.
- Phone: 951-275-9466
- Web:
- Category: Loans
Orange Crest Realty - Ronald Shade, President renaged on its contract with me and owes me the $50,000 I originally invested plus $750/mo interest since February 2008 Riverside California
listed on other sites?
Those sites steal
Ripoff Report's
content.
We can get those
removed for you!
Find out more here.
Ripoff Report
willing to make a
commitment to
customer satisfaction
Click here now..
I learned of Orange Crest Realty in the business pages of the LA Times and on July 9, 2007, I loaned the company $50,000 for a 24-month term at 18% interest that was supposedly secured by a Deed of Trust. The promissory note stipulated that the company would remit $750/month interest starting August 2007. The interest was paid through February 2008.
In October 2007 I wrote them, asking for my money back, something I was assured I could get by a company employee, Tina Anderson, with a 30-day written notice. Since that time there were many letters and phone calls asking for the money and all kinds of promises were made.
On April 22, 2008 I received a letter from a Ms. Stewart assuring me obligations to investors would be fulfilled within the next 30 days and then a letter I received on May 16, 2008 indicated that funds were in place to repay investors who wanted to be released from their obligations.
On May 27, 2008 I wrote Orange Crest, again requesting the return of my $50,000 in addition to interest then due of $2,250.
Since then, nothing.
I plan to write to the Consumer Fraud Division of the offices of the District Attorneys of LA and Riverside Counties, the Department of Real Estate, and the Better Business Bureau.
Ronald Shade belongs in jail.
Margaret
Los Angeles, California
U.S.A.
This report was posted on Ripoff Report on 09/16/2008 02:30 PM and is a permanent record located here: https://www.ripoffreport.com/reports/orange-crest-realty-ronald-shade-president/riverside-california-90046/orange-crest-realty-ronald-shade-president-renaged-on-its-contract-with-me-and-owes-me-373497. 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
If you would like to see more Rip-off Reports on this company/individual, search here:
Advertisers above have met our
strict standards for business conduct.