Unscrupulous Private Lenders and outright SCAM ARTISTS!!

[Tori Roy]

Is any body having issues with less than scrupulous lenders or getting approached by scam artists posing as landers? I see it often - so much so that we decided to put in place, a five part process as part of our due diligence. 

I just wanted is sue a warning against one such company - due to the egregious manner in which he exercised his predatory practices  - in the guise of a legitimate company!!

A Company called Gold Star Finance and James LaPushner - Following is their company into :

James Lapushner

Managing Director

Goldstar Finance, LLC.

4465 S Jones Blvd, Las Vegas, NV. 89103.

Tel;

Fax Number:

Website; www.Goldstarfinancellc.com

BE WARNED - the company looks 100% legit - we did extensive due diligence - they checked out. So we signed the documents and paid the closing costs. HOWEVER, when it came time to fund the loan - he started asking for MORE FEES! He demanded $2000 extra and said we had 24 hours to pay if we wanted the loan closed!

When we requested him to cancel the loan and refund us the closing cost - he said it was against his company policy to cancel a loan - even though the loan documents do not mention ANYTHING of that sort. We have checked- and re-checked the loan docs.

Long story short - we lost the deal. He still has our money. We are unable to meet our financial goals.

I don't usually speak ill of anybody but we decided we needed to make an exception.

So be forewarned, fellow investors - there are disgusting people out there, running predatory companies with zero ethics - that will prey on investors and mistreat them in the name of "PRIVATE" lenders, right here in the United States!!