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Report: #1383596

Complaint Review: Pacific National Capital - Nationwide

  • Submitted:
  • Updated:
  • Reported By: Anonymous — Houston Texas USA
  • Author Not Confirmed What's this?
  • Why?
  • Pacific National Capital Nationwide USA

Pacific National Capital Scam financial services with upfront fees Ervine California

*Author of original report: Follow up

*REBUTTAL Owner of company: False statements made against Pacific National Capital

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Pacific NAtional Capital, along with there President Charles Elfsten and Vice President Mark Hasegawa entered into a written agreement with us stated that they can secure the financing needed for our company.

We were istructed to wire a total of $7600.00 USD and the transaction would take approximately 4-6 weeks. 

We followed the instructions and ever since they received our money we have hear nothing but excuses regarding the funding, including putting other people on the phone, using the down maket and other lame excuses. 

We have watched the market make a good turn around for the funding needs in this indusrty. and still no word from them.

We requested that our funds be return verbally and in written, to no avail. Now I guess because we stoppted calling they feel that everything is ok and they will just keep our money.

We are a small family business and that was a great amount of money for us. Since then we have lost our business opportunity and personally we are now suffering.

but they do not care about anyone but themselves. They took our money and provided NO services at all but Lip Service!!!

This report was posted on Ripoff Report on 07/06/2017 02:11 PM and is a permanent record located here: https://www.ripoffreport.com/reports/pacific-national-capital/nationwide/pacific-national-capital-scam-financial-services-with-upfront-fees-ervine-california-1383596. 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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Updates & Rebuttals

REBUTTALS & REPLIES:
1Author
0Consumer
1Employee/Owner

#2 Author of original report

Follow up

AUTHOR: Garth - (United States)

POSTED: Tuesday, December 05, 2017

After speaking with PNC, we have come to an understanding that the needed capital to complete the financing coulld not be obtain within the terms that would be benificial for all parties. Mr. Hasewaga have been very helpful in regards in regards to this matter. I would look forward to working with PNC in the future should a mutual understanding of any acquisition makes seens for both parties.

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#1 REBUTTAL Owner of company

False statements made against Pacific National Capital

AUTHOR: Pacific National Capital - (USA)

POSTED: Friday, July 07, 2017

The principles of our company have been doing oil & gas transactions for 44 years and we have never ripped-off anyone. We have no idea who this person is that has posted this report anonymously.

We represent 8 private funds and are the direct agent for a very large joint venture fund.  After the fund tentatively approves a project, the client is charged a processing/underwriting fee. Even though the fee is non-refundable as stated in our non-exclusive fee agreement, if this person would identify themselves and communicate with us, we'd have no problem refunding the fee if they are truly one of our clients and their project had been turned down.   

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