Wall Street Investing Group
Queja 281519 Detalles

We entered into an agreement for a Joint Venture with this company and signed a contract with them prior to moving to a foreclosed property.

We met with them in NYC and were promised that our project would be funded by July 15, 2013. That date passed and then after multiple promises by Wall Street Investing Group they never performed and we passed the last date we could close on the property which was Sept 16th, 2013.

We had given the bank holding the property a non refundable deposit of $25,000 and then began to rehab the property by investing an additional $30,000 into the project. We were told numerous times that the wire was to be completed and they never performed.

We had received a letter from Al Sharif (funding to come from Dubai) that the wire was to be completed by August 17th per their documentation. Everything looked legitimate and come to find out that nothing ever transpired. We were also told that we no longer qualified for the loan requested (long after we signed a mutual Joint Venture contract) but our case was not a loan but a Joint Venture, and it was excuse after excuse with very little communication in the process.

I had initially placed a complaint here on Sept 28, 2013 and we were then told to remove it or they would not fund. I was strong armed to remove the complaint and of course they never did fund. I am no longer going to be threatened and the harm done to us has been great not only financially but emotionally.

We never gave this company any upfront fees but we invested in the property based on a signed agreement and they took our portfolio to their supposed Investor to gain funds which never came to us as promised contractually.

I strongly suggest that anyone not engage in business with this group.