New Castle Equity
Newcastle Equity, Newcastle Equity Lending, Robert McCoy Fake Private Money Lende

This company is a scam. They lure you in with decent rates, quick answers, and they say "no upfront fees" for private money lending. But they do require that you send in the appraisal fee to a third party ahead of time (I paid $1,8000 to "finish the appraisal and inspections". The third party company, in this case called Abacus Guard, is also fake and both websites were created by the same guy, Marty Sweet. Other names to look out for are Robert McCoy and Joe Potts (although probably fake names as well). I should know better, but you NEVER pay for an appraisal BEFORE it is finished! So now they have my $1,800 and they won't return any calls.

They have also worked under the name Hard Money Placement, Inc. Although they got discovered and closed that down pretty quickly. Now they are New Castle Equity, Inc. However, they don't exist as a corporation that has filed with the Department of Corporations, nor do they have a business license on file or even a Fictitious Business Name statement! They don't exist at all. The photo of the three "officers" is a fake too. Those names don't exist either. It is a stock photo you can buy on the internet.

Lastly, they like to prey on LinkedIn. That is how I got stuck in this mess. So beware!!!

Company: New Castle Equity
Country: USA
Phone: 9166049651
Site: newcastleequity.com

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