Tony Bellenger Promises of Fast Funding, Private Finance, Quick Close but then disappears for days Las Vegas, Nevada

Dear Reader,

In response the writer's claims that we defrauded him when the REAL issue is there is no fraud without monetary loss. And the writer NEVER lost a dime. This was nothing more than a proposed Joint Venture that we decided was not in our firms best interest. So let's focus on the following facts:

1) Rich ****, the broker,  brought a deal to our firm seeking to do a JV with his client Chuck to purchase non-performing notes for 6 cents of the face amount owing. So far so good.  We we're definitely interested in the deal because the numbers at first appeared to work. And we told Chuck and Rich so during a conference call.

2) During the performance of our due diligence we asked Rich how much of the $600,000 needed to complete the purchase was Chuck and his partner(s) going to be putting into the deal along with us.  Rich told me that Chuck wasn't putting anything into the deal and wanted to have half of the ownership of the notes purchase as well as 50% of any profits.

3) I informed Rich that wasn't a good deal for us since we would be on the hook for ALL of the capital and would be giving up half of any profits. I further told Rich we would be better off buying the notes on our own and outsourcing the collections to a  collection agency that had a track record of success because we'd retain complete ownership and would only have to pay the collection agency a portion of what they'd collected. That ONLY makes sense, right?

4) In the next email Rich sent me he told me that Chuck NOW had some capital to invest, yet Rich never mentioned how much nor the proposed profit split and we never saw one shred of paperwork to substantiate there story. It was at this point that we decided to pass on the proposed Joint Venture due to their story constantly changing and our not wanting to put up ALL the capital, take on ALL the RISK and give up 50% of the profits as well as 50% ownership of the notes. The numbers just didn't make sense to us then and they don't make sense now.

5) There's a philosophy that we run our business by, which is, "the way things start, is the way things end up." So when this proposed business deal got squirrely right up front and highly one sided we declined to put up any capital.  Personally, I  admire Rich a great deal. He's may be going thru a tough time as are a lot of people but that doesn't make him a bad guy, no more than my firm declining to invest with strangers we meet over the phone who'd like to do a JV with us yet don't  have any of their own money to put into a deal.

6) Never-the-less, there's ABSOLUTELY no fraud on our part what-so-ever, by the writer's own admission because our firm never asked the clients for any money, so there is no loss on their part, nor did my firm lose any money.  It's apparent that the writer is just a tad bit sore that we weren't foolish enough to throw $600,000 at them.

It's sad that anyone can get on a wonderful site like this and just let off steam because they were turned down in a business deal under the fake guise of fraud. Now you'll agree, there has to be a loss in order for there to be fraud. Of course if the writer had REALLY been defrauded he would have gone to the authorities, instead of attempting to ruin our fine reputation, right?

I certainly hope that Rich and Chuck make tons of money from there endeavors. Gee, if only we could ALL get a dollar everytime we had to tell someone no, hmm, we'd ALL probably be rich.

Lastly, look below as you will see and get a good feel for what transpired between Rich and I... I've taken the liberty of cutting and pasting the emails between Rich and I below and let you'll be the judge.

-----Original Message-----
From: Information [mailto:info@tonybellenger.com]
Sent: Tuesday, August 21, 2012 4:46 AM
To: Richard ****
Subject: Re: Tony's Response to: Time is of the essence

Good Morning Rich,

Let me see if I have a good feel for the picture you've just painted in your last email.

So you're suggesting that I buy the notes outright from Chuck (via assignment) giving Chuck a profit (so far so good), then turn around and work the list via collections, then pay my collectors a commission (again so far so good), then turn around in addition to that pay Chuck commissions off of my efforts as well as that of my collectors (not good)?

Respectfully Rich, that just doesn't make good business sense to me. I do however appreciate your brainstorming efforts.

Thanks a million!
Tony Bellenger

"The ONLY thing you OWN in this world is your THOUGHTS and your TIME, and how you use both WILL either make your life better or worse" - Tony Bellenger

On Aug 20, 2012, at 11:52 PM, Richard **** (((email redacted)))
wrote:

Suppose he just assigns it to you? Then he can earn commissions on collections...

Sent from my Android

Information <info@tonybellenger.com> wrote:

Good Evening Rich,

Chuck has no money to invest in the deal... Everyone wants a none of my money down deal, right? I REALLY hate to inform you that I must pass!

Tony Bellenger

"The ONLY thing you OWN in this world is your THOUGHTS and your TIME, and how you use both WILL either make your life better or worse" - Tony Bellenger

On Aug 20, 2012, at 11:05 PM, Richard **** (((email redacted)))
wrote:

Hi Tony,

I'm afraid I am going to lose both the Chicago deal and the FDIC debt deal. Would it be too much trouble to call me & Chuck and his attorney?

This is a life-changer for me.

Thanks a million,
Rich
Sent from my Android

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