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Report: #367152

Complaint Review: Simple Capital Solutions -Mr. David T. Frank Jr - Diamond Bar California

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  • Reported By: Los Angeles California
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  • Simple Capital Solutions -Mr. David T. Frank Jr 324 Diamond Bar Blvd., Suite 180, Diamond Bar, California U.S.A.

Simple Capital Solutions -Mr. David T. Frank Jr David T. Frank Jr.-Beware of his loan offer, not license broker in California; double dipping commisions Diamond Bar California

*Author of original report: David T. Frank- Lost his case in court RE: Mechanic's Lien

* : SIGNATURE FORGERY TO FILE CLAIMS THRU COLLECTION AGENCY

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This individual-David T. Frank Jr.-General Manager of Simple Capital Solutions located in Diamond Bar, California is engaging in illegal loans to innocent public by posing as a broker but he is not registered with the California Real Estate Licensing Board as a broker nor his company registered.

He finds innocent loan applicants, promise them savings but at the end, screwed up his client with huge bills due to double dipping commissions. Be wary about his loan applications which charges 24%APR before signing your life away, because if you back out of his loan, even though your loans did not go to escrow and you cancel it, he will file a mechanic's lien on your property and charges you $150 per hours for his time in searching for a lender.

His website states " Your Happiness is my Priority" BEWARE! don't get fooled by him or his company or you'll end up in misery. He can make your life miserable with his usual trick of filing a mechanic's lien on your property by claiming that he is the project manager of your property without you knowing it, not until you recieve a notice of Mechanic's Lien from the County Recorder's Office. then you'll have to get a lawyer to have it remove, and that will cost you thousands of dollars just to have the mechanic's lien remove. not to mention another cost from the lawyer to sue him for damages for clouding your title. He must have used this technique many times to other innocent victims that he seems like he knows it like in the back of his hands.

Concern Citizen
Los Angeles, California
U.S.A.

This report was posted on Ripoff Report on 08/26/2008 02:09 PM and is a permanent record located here: https://www.ripoffreport.com/reports/simple-capital-solutions-mr-david-t-frank-jr/diamond-bar-california-91765/simple-capital-solutions-mr-david-t-frank-jr-david-t-frank-jr-beware-of-his-loan-offe-367152. 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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REBUTTALS & REPLIES:
1Author
1Consumer
0Employee/Owner

#2

SIGNATURE FORGERY TO FILE CLAIMS THRU COLLECTION AGENCY

AUTHOR: Victim of Society - (USA)

POSTED: Tuesday, September 15, 2009

CONSUMERS BEWARE OF THIS INDIVIDUAL-DAVID T. FRANK JR. WHO REPRESENT -SIMPLE CAPITAL SOLUTIONS-LOCATED IN THE CITY OF DIAMOND BAR, STATE OF CALIFORNIA. FOR UNTIL NOW HE HAS NO LICENSE TO OPERATE IN THE STATE OF CALIFORNIA NOR A BROKERS LICENSE NOR A MEMBER OF THE BETTER BUSINES BUREAU.

HE RUINED PEOPLES EXCELLENT CREDIT HISTORY THAT WAS PRESERVED AND GUARDED FOR LIFE BY HIS CLIENTS THROUGH HIS FILING A FALSE CLAIM THROUGH A COLLECTION AGENCY CLAIMING THAT HIS CLIENT SIGNED AN AGREEMENT WITH HIM THAT HE CAN CHARGED HIS CLIENT INTEREST + HIS HOURLY FEES IF HIS CLIENT DECIDED TO BACK OUT FROM HIS LOAN APPLICATIONS.

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#1 Author of original report

David T. Frank- Lost his case in court RE: Mechanic's Lien

AUTHOR: Henen - (U.S.A.)

POSTED: Monday, November 03, 2008

This is to update those who had been the victim(s) or about to become the victim(s) of David T. Frank Jr. of Simple Capital Solutions. That recently he lost his case against someone he filed the mechanic's lien on their property and was ordered to pay attorney's fees and other court fees to wit. and the court ordered the release of the mechanic's lien that David T. Frank did to his innocent client(s).

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