All Forum Posts by: Tom Nagy

Sadly, you will never get that explanation. Dutch's unjustified enormous ego won't allow him to address the damage he had done. He is currently blaming his investors for their failures and actually soliciting an additional $20,000 from all IC members to help sue the SEC and, ironically, his investors who's money he has stolen. This is what greed does to someone with no moral fiber. Truly sad.

1 Vote

Quote from @Brent Mendenhall:

Nice returns are good.

They are when they are real. Returns are paper returns with no liquidity behind them. This company has no moral values and is a complete fraud from top to bottom. They have ruined many lives and not only do not care, they are continuing to scam people because of their own greed.

3 Votes

Quote from @Arthur Crum:

Good luck with that Arthur! I'm in the same boat and they simply don't care about anyone but themselves. Dutch portrays himself as the American success story and he's anything but having stolen who knows how much from hundreds of investors. He threatens to sue us for slander instead of making good on his promises and his God complex will not allow him to do the right thing. When a disgruntled investor showed up at a retreat to ask the tough questions, he had his thug security guards push him into an elevator and removed. If there is justice, anyone left working there will go to jail.

I understand your frustration with the current freeze on redemptions/distributions. We provided you accurate information on the current 1U Amendment to the SEC on our Redemption and Distribution Program. You have been provided the information and actual link to the 1U Amendment, but you still mischaracterize it within your post to this thread in your comment “the board voted to cancel all distributions”. Although I can understand you may just be using your own verbiage of the current freeze, but we have provided you the exact 1U Amendment and it is actually posted openly in this thread. We also provided you the actual link to the SEC submission.

We have held monthly (if not more) RADD REIT Update calls where our CEO has explained the timing and reasoning of the freeze, has answered questions and concerns, and the actions moving forward. We understand some investors may not open or read the email invitations for these calls, so we have addressed a more effective process to ensure no investor is left without know about the monthly update calls.

Additionally, I am aware that our Investor Relations Representative immediately reached out to you after your Better Business Bureau submission to ensure you understood and if you had any questions. Today you emailed Investor Relations asking us to make an exception in exchange for you to remove your reviews.

Please direct any additional questions you may have to Investor Relations. If you have an approved request to withdrawal your investment, it remains approved and will be implemented appropriately when the Board of Directors lifts the freeze.

Thank you very much

You keep towing that company line @Brent Mendenhall. Know this, I will get my money back. It's only a matter of time before that debt comes due and I promise you, I will collect.

0 Votes

That is a great email Kris, unfortunately, James is correct. RADD is a morally corrupt organization at this point and couldn't care less about anyone but themselves. Dutch's enormous ego won't allow him to make good on his failures. If there is justice, that whole group that remains there today will be in jail.

2 Votes

No one at all is getting money from RADD! Quiet for different reasons

0 Votes

That is a fact and with any luck, they will be held accountable for That as well as their Ponzi scheme. It’s a matter of time and the SEC and FBI along others will come knocking. Dutch’s arrogance keeps him from doing the right thing for his investors prior to that and it will take handcuffs to change his mind

0 Votes

Yes, he is her “boyfriend” who allegedly was in jail for attempted murder and it er charges . Also is on the payroll for big bucks doing absolutely nothing. Disgusting

0 Votes

@Jay Hinrichs That's the hope Jay. These guys are scammers if there ever were any and a future episode of American Greed. They've ruined many financial lives and simply don't care. The cloak themselves under the veil of God and country and it's all part of their marketing scheme.

1 Vote

@jonathan

@Jonathan Karas Dutch is lying. As we re all painfully learning, that's really all he is good at. He has a God complex with nothing to back it up.

2 Votes

@sebastian

@Sebastian Bennett They are not only not responsive they are lying to their investors. There are over 100 of us and counting in a group that have been defrauded. RADD is not only not paying our portion of hard money loans and joint venture sales they made, they are claiming we owe additional money for "renovations" despite work not being done on properties. Total scam and they will be stopped at some point.

0 Votes

All Forum Posts by: Tom Nagy

Tom Nagy has started 1 posts and replied 24 times.

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