HCW Capital/Hooks Enterprises is a company that runs out of a virtual office in California, it appears to be a one man scam operation run by James Hooks. After doing research James Hooks is a 25 yr old scam artist with a 2 year history with the police. He advertises himself as a multi purpose entity which builds business profiles, develops business plans and acquires capital to start businesses. I entered into a contract with HCW Capital/Hooks Enterprises on 1/30. The entire project was to take 90 days. The fee was 1,999.99 paid by credit card.
James Hooks was supposed to acquire a corporation, develop a business plan and acquire financing with this business plan. To date 6/25 I have never received a corporation, the business plan was prepared and a letter of execution for funding 250,000 was sent from Allied Venture Capital, Dallas Texas. The day of funding 5/4. Allied Venture Capital supposedly pulled out of all contracts to fund. Becoming skeptical and doing some due diligence, it appears Allied Venture Capital does not exist! There is no record of them with the Texas Sec of State or the Texas Dept of Banking. The loan documents appear to be fraudulently created by HCW Capital/Hooks Enterprises. James Hooks also plasters Craigs List with ads of people who supposedly received funding but are dissatisfied with the service or interest rates. I replied to several of these ads and not one person replied back.
James has recently written a press release stating HCW Capital has been bought by SOP Holdings Ltd. All client contracts will now be serviced by SOP Holding Ltd, in typical James Hooks fashion, no information about SOP Holding has been published, only a Craigs List advertisement for employment at SOP Holdings Ltd.
HCW Capital phones have been disconnected as of 6/22. The loan documents will be forwarded to the FBI and the police with the intention of opening an investigation. Fortunately I paid for my services with a credit card and charged the fee back. If anyone has business with Hooks, call your credit card company charge your fee back and report him to the authorities. If you are considering doing business with Hooks. Stop!!!
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