Walter Trock and Michael Lanza from McMann Capital (aka McMann Commercial Lending) are working with Genie Investments NV (David Hughes) to inform borrowers there is a Business Expansion Line of Credit or a BELOC. I wired McMann an upfront $7,800 "due diligence" fee and then after informing me I was approved for a loan, I signed a Bridge Loan agreement and which I then was instructed to wire Genie Investments NV prepaid interest.
I wired over $50K to Genie Investments and till now I haven't received one cent of the loan I was promised. These 2 companies when silent and I haven't heard anything. After months of lying, Michael Lanza and David Hughes try to divert borrowers by saying there is a delay in funding due to the "capital provider" however, no name of any capital provider is given and McMann Commercial Lending and Genie Investments NV have gone silent. They NEVER offered a refund or a recourse because of this "mistake" with the capital provider.
David Hughes of Zoomeral.com, Genie Investments and McMann Commercial Lending are running a complex Ponzi scheme. They represent they have wholesale lenders and are able to issue business lines of credit to business owners after taking a deposit to use as leverage to get the loans. David Hughes is nothing more than a con man and a crook who is running a ponzi scheme. He uses a variety of brokers to help him. The BROKERS ARE GUILTY AS WELL AS THEY ARE THE ONES REPRESENTING HIM. THEY ARE GETTING PAID ALSO THEN THEY DISAPPEAR. He takes in the clients money since before 2020, and has NO INTENTION of ever funding the loans he says he will fund. He takes in clients money and moves on and he hides behind an 85 page contract. Hughes/Zoomeral and McMann Commerical Lending think an "air tight" contract gives them license to commit fraud and steal millions. He has literally stolen upwards of $15 milion from clients. He then sends a variety of "young" attorneys after clients if they treaten to sue or go public. This is how he has kept his criminal enterprise up so long. He works through fear and intimidation.
Get these men in JAIL! They are criminals! If you have experienced fraud with McMann Commercial Lending and Genie Investments report them to the FTC, and the FBI. Also, find posts in the Bigger Pockets website to join the list of people frauded by these 2 companies. Lets work together to get these guys in jail! I personally have lost over $90k with these criminals.
Walter Trock, McMann (also working under an new company name)
Michael Lanza, McMann (also working under an new company name)
David Hughes, Genie Investments, also is the owner of Zoomeral
Zoomeral Reviews
Walter Trock and Michael Lanza from McMann Capital (aka McMann Commercial Lending) are working with Genie Investments NV (David Hughes) to inform borrowers there is a Business Expansion Line of Credit or a BELOC. I wired McMann an upfront $7,800 "due diligence" fee and then after informing me I was approved for a loan, I signed a Bridge Loan agreement and which I then was instructed to wire Genie Investments NV prepaid interest.
I wired over $50K to Genie Investments and till now I haven't received one cent of the loan I was promised. These 2 companies when silent and I haven't heard anything. After months of lying, Michael Lanza and David Hughes try to divert borrowers by saying there is a delay in funding due to the "capital provider" however, no name of any capital provider is given and McMann Commercial Lending and Genie Investments NV have gone silent. They NEVER offered a refund or a recourse because of this "mistake" with the capital provider.
https://www.victimsbelocscam.com/forum/victims-discussion/mc...
https://www.courtlistener.com/docket/68086281/seiler-tucker-...
https://www.courtlistener.com/docket/68037763/north-haven-lo...
David Hughes of Zoomeral.com, Genie Investments and McMann Commercial Lending are running a complex Ponzi scheme. They represent they have wholesale lenders and are able to issue business lines of credit to business owners after taking a deposit to use as leverage to get the loans. David Hughes is nothing more than a con man and a crook who is running a ponzi scheme. He uses a variety of brokers to help him. The BROKERS ARE GUILTY AS WELL AS THEY ARE THE ONES REPRESENTING HIM. THEY ARE GETTING PAID ALSO THEN THEY DISAPPEAR. He takes in the clients money since before 2020, and has NO INTENTION of ever funding the loans he says he will fund. He takes in clients money and moves on and he hides behind an 85 page contract. Hughes/Zoomeral and McMann Commerical Lending think an "air tight" contract gives them license to commit fraud and steal millions. He has literally stolen upwards of $15 milion from clients. He then sends a variety of "young" attorneys after clients if they treaten to sue or go public. This is how he has kept his criminal enterprise up so long. He works through fear and intimidation.
Get these men in JAIL! They are criminals! If you have experienced fraud with McMann Commercial Lending and Genie Investments report them to the FTC, and the FBI. Also, find posts in the Bigger Pockets website to join the list of people frauded by these 2 companies. Lets work together to get these guys in jail! I personally have lost over $90k with these criminals.
Walter Trock, McMann (also working under an new company name)
Michael Lanza, McMann (also working under an new company name)
David Hughes, Genie Investments, also is the owner of Zoomeral
Mike Conner, Genie Investments
https://www.victimsbelocscam.com/forum/victims-discussion/mcmann-commercial-lending-llc