Peach Capital Partners/Mr.Thomas Brooks Ted Brooks, Tim Brooks FRAUD; SCAM; DEPOSIT RIPOFF; Peach Capital Partners; Thomas Brooks Richmond Virginia

Peach Capital Partners said they're in business for 25yrs, but started 8/3/2015 according to Whois.net. I went thru a broker and His company, after submitting a number of documents sent me a commitment letter dtd 8/12/2015, closing on 9/30/2015, for loan amt $250K to open a business, but he needed $10K upfront deposit fee for services by 8/14/2015, finally borrowed it sent via wire, as instructed on comt-letter on 8/31/2015, never got a loan or money back to this day. He and his assistant N. Renshaw, kept changing closng dates (not sure if she is/was on the scam) however I found enough info online to bring her awareness, she said that she is only doing her job, send the loan package over to her boss Thomas Brooks, which always includes a deposit from customers. So you be the judge.

Asked her 11/25,how many loans has she closed, she said NONE since she been there 8/2015, it should be noted thats the same month the company started when I checked Whois.net. Went looking, just too late for the company's name for fraud, found nothing; should have checked his name. Thomas Brooks has been scamming people since 2009, with different companies eg, iBanc, Naucalis Capitals, & many more from Chicago, Wisconsin to Denver, its all on the internet. I found out a little too late.

Peach Capital Partners is still advertising to find more people to send them deposits, as thats their specialty. They have no loans to offer. My closing date kept changing from 9/30, to the next 2 weeks, and nothing. The last date was Nov 30, and to today, nothing, NO LOANS, NO DEPOSIT RETURNED after begging and sending a number of emails. They don't have any loans to fund to no one. Thomas Brooks said that he doesn't have any investor after he called me on 11/25, and he can't give what he doesn't have. BUT HE TAKES THE DEPOSIT IN A MINUTE.

He and his VP, Finance/Commercial Loan Officer/Assistant, haunts you for the deposit, Thomas Brooks threatned to cancel the commitment letter, which he did, but it all was a hoaks because he needed the deposit badly as this is how he operates. I got a chance to see the Commitment letter he sent to the customer from Naucalis Capital (2013)and it is the same letter just different info, he is out of $15K.

I reported him and his companies to the authorities, BBB in W. Virginia where the deposits were sent at the BOA, FBI, as this is wire fraud. They can't catch him as he keeps changing different companies in different states and starting his scam all over. I have listed him and his company on BiggerPockets for fraud, and other sites where I saw them advertising. He needs to go to jail, and he will when they catches him for deceptive practices.

I have many emails from Peach Capital Partners. Few from the guy that is out of $15K, as he sent me info as well what he went thru. Another small business should not have to be subjected this practice. THOMAS BROOKS NEEDS TO BE PUT AWAY FOR LIFE IN SOME JAIL.

Folks looking for loans, please names of companies as well as their CEO names etc as the company might not have any fraudulent activities on it being it newly formed. Check everything and follow your gut. I should have followed mine I wouldn't be out of so much money. Its devasting. RED FLAG, When they request a Wire Transfer, be on the lookout.. its fraud. Deposit should be deducted from the loan they have for you, I did ask him, he said that this is different money and can't be attached to the loan.