Unfortunately we read the previous complaint on David Manning too late. David claimed to have commercial real estate loan sources for my client. He collected a loan package, gave a quote letter and even provided a rate lock letter. Every document was unprofessional and suspect, so we were nervous from the beginning.
But my client sent him a $20,000 check to a bank in Louisiana. When David did not come through with a loan, he told my client in a face to face meeting that he would refund the money. He didn't. We had a specific, signed agreement that accompanied our deposit check that he would refund it if the loan did not fund by November 20. Over a month later, he still has not returned the money.
He promised the refund check by a certain date, but did not meet the date. And then he just quit returning phone calls and has disappeared.
He is a liar and a cheat. He is a scam artist who shamefully uses the cover of his Christian beliefs to disarm people's suspicions. His web site emphasizes his work in finding loans for churches. Religious groups beware. You will be preyed upon by a wolf in sheep's clothing.
His method is to lure you into transactions with confident words and remarkable terms. His location is elusive and always in transition. He is hard to reach, but reappears just enough to keep you hoping.
But he did not keep his words and he breached a written contract.
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