Tim Smith credit card chargeback Beverly Hills, California

Scambuster72 aka Tim Smith:

14 Monarch Oaks Lane, Austin , TX 78738.

T: 512-351-9930

Contacted me to obtain financing for commercial properties in Texas. I warned him from the start that I won't be able to provide 100%. I started working, because I work on commission only.

Some of his properties required a very strong due diligence and he accepted to let me order due diligence for him and refunded me the cost of it. Signed a contract for it! I never charged him a dime until he was sure about the property and I was working 100's of hours for nothing! 

Due diligence on $12,000,000.00 properties are a little bit more expensive than due diligence on $300,000.00 properties.

Value came back very low. Got conference calls with some of his associates about this property, all they tried to do is convinced me that their gut feeling would be right about this property. Remember, we are talking about $12,000,000.00. To show good faith, I kept working and trying to make it up to him for months. 

He signed a contract, paid by credit card, then file a chargeback on his credit card 5 months later. Chargeback on my paypal account!!!!

Tim, you are a smart men, so you can understand the truth, I warned you about the properties you were looking and the values of commercial real estate beginning to drop, you accepted the terms, then don't complain. Who does that. 

After all that he tried to sell me a security from Bank of america, so I can cash it for him. Seem a little desperate for money don't you?

Be careful, Tim is very nice but doesn't know the meaning of 2 words: Contract and responsability. 

Ben.