Usacomplaints.com » Business & Finance » Complaint / Review: Cor Development Group, Inc - Alberto B Colon Fruadulent Venture Capital Funding. #627600

Complaint / Review
Cor Development Group, Inc
Alberto B Colon Fruadulent Venture Capital Funding

COR Development Team, Inc or (Industrial or Residential Development Team, Inc Integrated within the excellent state-of Illinois) is in operation that may be named nothing apart from a fraud. Though they'll certainly differ with that tag, given that they don't really grab anyones cash (to my understanding), they simply maintain it without supplying any support or financing. Before I get into the facts of the plan, I would like to take the time to listing everybody (that I understand of) that's concerned.
Alberto B Colon
Artemio Rivera
Judith JR Robinson
Pete Gianokos
Curtis Walton
Michelle Parizon
Dale Zuhle
Expenses Grveles
Tommie Dorsey - H, Indiana
Ross Haugen Minnesota (Pelican Assets)
Rick Charles
Rev. Charles Mann
In August of a business I'd contacts with was contacted with a Rick Charles and Charles Mann out-of Chicago and we were informed there's a VC organization based locally that's focusing on socially mind companies, our task being centered on training, it seemed just like a complement. Therefore, we posted a small business strategy and were authorized for an substantial (too-good to become accurate) amount of cash to begin our organization. Everything was excellent. We subsequently shifted towards the agreement phase, where the complications often occur. To the surprise, anything went sleek, agreement was extremely brief for that amount of cash (smaller than many charge card contracts) and essentially mentioned that people could be supplied start up money as a swap for 50% of the collateral within our company and 50% of earnings until such period that people could get them out (value could be supplied by a natural 3rd party). Good Deal, right? Therefore, we determined we'd nothing to get rid of and closed the agreement. We were in continuous conversation together after which got time for all of US to set up our 20K consumption charge. Something which isn't all that unusual coping with genuine VC companies. We moved our 20K for them using the guarantee that within 120 times we'd get our cash to start operations. Reduced and see, all immediate conversation was cut and also the endless reasons started.

the following 15 weeks are full of nearly regular guarantees of we're nearly there or we're completed altogether, but financing never occurs. Along with this, their tales are totally incredible. From mergers and purchases with additional questionable businesses (Le Bon Desk Manufacturer Meals), to item speculation, to they'd to hold back for that Iraqi parliament to meet simply because they were therefore seriously committed to the Pound, everything BS. Based on the info that I've, they've more than 475 tasks which are to become financed towards the melody of 100-200M each. Today, possibly they're the biggest VC account in the world, that nobody has heard of or they're saturated in shit. I often think the latter.in inclusion, they no further talk straight to tasks, they've intermediaries named rangers, bad spirits (some who've spent their life-savings) who're relying on this to occur and certainly will pull the organization point towards the finish. These men basically don't have any extra information than do the tasks. At the conclusion of your day, nobody has actually noticed a cent from these folks, nobody has actually noticed any proof that they'll satisfy their contractual responsibilities even though our task did get is money-back, there is undoubtedly some scam towards the entire scenario. We've approached the regulators and therefore are expecting extra information around this article.
If anybody want extra information, I'd be pleased assist in any means I will. I've copies of agreements, countless emails and contact info for many of the folks concerned. Our honest suggestion is always to remain far-away from these folks.


Offender: Cor Development Group, Inc

Country: USA   State: Illinois   City: Chicago Area
Address: 330 W. Stone Road, Unit B
Phone: 8473053800

Category: Business & Finance

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