Usacomplaints.com » Business & Finance » Complaint / Review: Westbridge Mutual LLC - Michael Briscoe HUGE SCAM / FRAUD, Laundered nearly $1 Million from Our Business. #857113

Complaint / Review
Westbridge Mutual LLC
Michael Briscoe HUGE SCAM / FRAUD, Laundered nearly $1 Million from Our Business

In mid-December Hydrotech (HT) spoke with Jesse W. Hathorne and Michael A. Briscoe, representatives of Westbridge Mutual LLC, on a telephone conference call. Mr. Briscoe and Mr. Hathorn told Hydrotech (HT) that their company, Westbridge Mutual, could obtain a loan in the amount of $8 Million through Wells Fargo Bank, funded within 10 days, for a fee of 10% or $800,000. Mr. Briscoe and Mr. Hathorne stated that in order to obtain the $8 Million in funding within 10 days, Hydrotech was required to place 10% of the loan amount ($800,000) in an escrow in advance to cover loan costs and fees. Mr. Hathorne and Mr. Briscoe stated that the escrow agent for the $800,000 fee was to be California attorney Michael Papuc.

In December, a loan request on behalf of Hydrotech to Mr. Briscoe, Mr. Hathorne, and Westbridge Mutual for the $8 Million loan.in mid-Jan, Michael A.


Offender: Westbridge Mutual LLC

Country: USA   State: California   City: Century City
Address: 10100 Santa Monica Blvd
Phone: 4242442189
Site:

Category: Business & Finance

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