Complaint Review: Ross/Austin, John Ross-President - henderson Nevada
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- Author Not Confirmed
- Ross/Austin, John Ross-President 1701 green valley pkwy bldg 9 henderson, Nevada U.S.A.
- Phone: 702-617-1800
- Web:
- Category: Loans
Real Estate, Ross/Austin John Ross lease purchase rip-off con man
*Consumer Comment: Update - Guilty!
*REBUTTAL Owner of company: Untrue!
*Consumer Suggestion: Always protect yourself with collateral!
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I made an agreement with a friend in John Ross of Ross/Austin Inc. We signed a binding contract of which the terms were $100,000.00 investment on September 11th, 2000 with a full loan payback date of March 11th, 2001 in the amount of $130,000.00. $15,000 was paid back approximately 2-3 months ago leaving a balance of $115,000.00. After meeting on the morning of Monday March 5th, John Ross, president of Ross/Austin Inc., informed me that the funds are not available and will not be paid back, without offering any kind of payback agreement.
This report was posted on Ripoff Report on 03/05/2001 12:00 AM and is a permanent record located here: https://www.ripoffreport.com/reports/rossaustin-john-ross-president/henderson-nevada-89014/real-estate-rossaustin-john-ross-lease-purchase-rip-off-con-man-4623. 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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#3 Consumer Comment
Update - Guilty!
AUTHOR: Victim - (United States of America)
SUBMITTED: Monday, September 26, 2011
John Ross moved to California and changed his name to John Joseph Borzellino. He pleaded guilty on September 22, 2011 to 2 counts in Federal Court. Here is an article about his guilty plea:
http://www.sdbj.com/news/2011/sep/23/man-pleads-guilty-two-counts-connection-mortgage-f/
#2 REBUTTAL Owner of company
Untrue!
AUTHOR: john - ()
SUBMITTED: Wednesday, May 22, 2002
On 3-29-01 an agreement was signed for repayment. The agreed upon payments are current. The company Ross Austin, Inc. was dissolved and John Ross personally is making good on this agreement.
#1 Consumer Suggestion
Always protect yourself with collateral!
AUTHOR: Mike - ()
SUBMITTED: Sunday, May 19, 2002
I am a realtor in California. With your name still
on Title or Grant Deed of the Investment Property
until the loan is paid in full, you would be protected. When the balance is not paid as per the original agreement, you can then sell the property to someone to re-coup your investment.
Never assign anything until you have been paid in full. This is the only way to do business and especially when dealing with "friends" and or family. I suggest you file a Lien on the property ASAP. This will allow you to be paid if he sells or tries to re-finance. Good luck with your situation.
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