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Mayer Etkin


Country United States
State Washington
City Seattle
Phone 206-408-0056

Mayer Etkin Reviews

  • Mar 14, 2018

Mayer Etkin under the guise of ShangYe Capital approached me to buy a home we were selling in Seattle WA

He offered to pay full price and agreed to pay 5000 per month rent until closing. He wanted to use a property he said

he owned in Los Angelas county as the down payment. The only catch is that I would have to buy the property down there so he could close on the house up in Seattle. After viewing the property in LA I agreed to buy it for the agreed upon price. The real owner signed off on all the title and they got paid.

Now I expected a closing but Mayer never closed on the house and I had to battle him over an eviction and argue multiple times about his scam operation he runs on people. He is a liar a thief and acrook on his good days. The rest of the time he is a slimeball creep looking for his next victim.

He owes us over $260,000.00 and has agreed to pay in writing but then a few days ago he sent an email stating how he wouldn't pay us a dime for all the money he owes us.

So we have sent in our complaints to the DFI and we know he works over state lines and internationally so the FBI has been notified. Is there anyone else out there that wants to jpin the prosecution suit against this Mayer Etkin of ShangYe Capital fraudsters

  • Dec 20, 2018

A total distortion of facts! For the real truth read this rebuttal.

The report to which this rebuttal is posted is a complete distortion of the facts pertaining to the transaction as well as a defamation of my character.

The person who filed the report neglects to mention the fact that it was he who ripped off the $750,000.00 equity in the 23 lots.

These are the facts.

(Redacted),

If you will recall, I had previously sent you an email with a quote from a book, “It’s all a gift”.

Accordingly, I would like to thank you for the gifts that you have given me.

1. The $20.00 in cash that was allocated for the legal consideration for the agreement that we entered into in April of 2017; yes, that agreement, the one that you disavow and now say that there was no agreement and we have no deal as there was no legal consideration.

2. I thank you for all of the time that I was able to stay in your house in (redacted). Since as you now falsely claim (among other false claims) that there was no agreement between us and that we have no deal.

From that perspective, as was stated in the agreement between us which we negotiated in good faith and duly signed; as the house was specifically referenced in that agreement as “a mutual inducement”, I have no obligation to you to pay you any money for the time I was there.

That means that you are giving up any claim to what you refer to as “back rents” as you can no longer deliver the title to the house as you elected to sell it to someone else as was your right to do so under the terms of the agreement that we signed and where there was legal consideration tendered, received and acknowledged.

Now, I know you will claim that there was a real estate purchase and sale agreement together with a rental agreement pertaining to the house; however, since both transactions were tied specifically to the agreement that you disavow, you can’t have it both ways.

Either there was, is and still remains in effect a legally binding agreement that was partially performed under by both you and me or there isn’t.

I am taking the position that there is, in fact, a legally binding agreement between us where partial performance under that agreement has been performed and therefore in accordance with the agreement that we negotiated in good faith and partially performed under, that agreement takes precedence over the purchase and sale agreement on the house together with the rental agreement.

3. In accordance with item # 3, as I have previously stated to you, I know how to do legal research and do it very well. As we are dealing with a dispute that is California Based as the 23 lots are in California, you may want to have (redacted) look up the case law regarding the principle of Equitable Doctrine.

In case you are unfamiliar with the concept, …” judicial estoppel is an equitable doctrine that precludes a party from asserting one position in a court proceeding and later seeking an advantage by taking a clearly inconsistent position.”

If this dispute of ours were ever to go to court, you will lose for many reasons. You will be required by the court to reconvey the deed to the 23 lots free and clear of any and all liens and claims as under California Law, the bridge loan which you claim was a sale can be voided.

4. Thank you for your time and your assistance in my move from the house and for help in loading some of the books, etc. and for the ride to the car rental place.

5. Thank you for the gift of the cash from the bridge loan that was received even though you now falsely claim that there was no bridge loan, therefore by your false claim there is no obligation by me to pay you a commission for the money from the bridge loan that was received, since according to you the loan never happened.

6. Thank you for the $ 12,500.00 from the $25,000.00 that was received through you and that came from the money (redacted) loaned to you in anticipation of doubling his money in a short period of time.

7. Thank you for your statement at that time that you will be guaranteeing the money that is owed to (redacted). I am sure (redacted) will be happy to receive the $ 50,000.00 from you as you received $12,500.00 which you say was allocated to making payments on the bridge loan that you falsely claim was a sale.

8. Thank you for the $180,000.00 in cash that I will now be able to redirect to other projects because you don’t want to accept it because you falsely claim there is no deal and the agreement that you signed was crap.

9. Thank you for the opportunity to redirect the cash that was allocated to paying off the non-existent bridge loan that you now falsely claim that there never was a bridge loan, it was as you falsely claim a sale.

10. Although it may seem bizarre to thank you for calling (redacted) at 7:40 in the morning, waking him up in his hospital bed, calling him a criminal (which he is not) and told him that you hope he dies.

11. Thank you for your two statements that you made to (redacted), the first falsely claiming that I stole the lots from (redacted) and the second that you were going to steal the lots from me.

12. Thank you for showing through your emails, the words you choose to express yourself, the false claims, the false allegations etc. that your true intent relating to the 23 lots was nefarious in nature.

13. Thank you for not accepting the severance agreement that was proposed which would have cleaned up the technical imperfections that are present in the agreement that we signed which as you refer to it was “crap”, and by so doing once again preventing a resolution of our dispute which would have resulted in everyone getting paid.

You will have to live with the fact that for the third time you violated your fiduciary responsibility to your Brother (redacted), to your corporation, (redacted) and to (redacted). I hope for your sake they never find out that they along with you could have had their money as early as the summer of 2017.

14. Thank you for confirming your nefarious intent to “steal the lots” by not doing what needed to be done to unwind our agreement and implement a resolution to our dispute enabling the deed to the 23 lots to be re-conveyed.

15. Thank you once again for your emails, which by the words you choose for providing me with prima facie evidence that I can use in my tort claim against the State of Washington.

16. Since you have consistently stated that you know how to get transactions done, I want to congratulate you on being the only person in my almost 50 years of doing deals and working in the real estate and investment arena, that has ever attempted to reinvent a deal for something that it was never intended to be and as you stated to (redacted), “to steal the lots from him” referring to me.

17. On the same theme that you can get letters of credits or other financial transactions financed and that you have the required knowledge as to how they are put together; I will refresh your memory of some of the underlying issues related to financial transactions of those types by citing the book; The Use of derivatives in Tax Planning by Frank J. Fabiozi.

I am sure you have a copy, if you don’t, ordinarily I would offer to lend you my copy, but because of your threats against me, constant abuse, false claims, false allegations and the worst of all calling (redacted) in the hospital, waking him up at 7:40 in the morning, calling him a criminal and telling him that you hope he dies, this tortured relationship of ours ends with this email.

I never want to see you, hear from you or have any contact with you ever again.

Make sure you pay (redacted) the $50,000.00 he is owed. You should have no problem doing so making good on your guarantee to him as you said you have a sale on the 23 lots.

As (redacted) and I are moving on from the infamous 23 lots and your nefarious actions, we will not be initiating any legal action or claims against you or (redacted).

However, if in any way, shape or form there is any sort of legal cause of action by anyone for any reason concerning this horror story, I will respond appropriately inclusive of counterclaims against you for actions that you have taken or are contemplating or will take.

Goodbye.

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