As we were trying to raise capital for our start-up project we were directed to the services of Mr. Giovanni Fleury, and his company Real Business Loans, LLC. After preliminary phone conversations we have determined that Mr. Fleury was well versed with the specifics of the funding mechanism that we would like to employ in helping us with our capital raising efforts.
Upon extensive due diligence and cross-checking references, we have decided that we would proceed with retaining their services which comes with a $50,000 retainer to be used to cover legal fees and transactional costs. We were given a very clear timeline with a series of deliverables. After missing the first two deliverable we started getting concerned, but was assured by Mr. Fleury that there were just several events that resulted in "slight delays".
The funding process of this type would typically take 30-45 days. We made the deposit on September 31 and to date (1/26) Mr. Fleury is still making promises of funding. Mr. Fleury failed in on several occasions to secure funds for us and several other clients (from what we found out). We also discovered that he collected upwards of $1,000, 000 from a number of clients, all of whom are in the same situation. We later found out that he was found guilty and was fined by CFTC for misrepresenting returns for one of his investment offerings.
We have been fed lies after lies, and when we requested to have our funds returned he outright admitted that he does not have any funds nor does he have any assets???
So where does leave me? The only resolution we are hoping for is to get our project funded, if not bet our money back at the very least.
Stay away from Mr. Fleury and Real Business Loans, LLC and all his companies noted above. He is a character lacking honor, honesty and integrity..
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