| 10/04/2021 |
Yes |
- Credit reporting, credit repair services, or other personal consumer reports
- Credit repair services
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Web |
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i was solicited via telephone by XXXX XXXX of XXXX XXXX XXXX XXXX XXXX, after an online inquiry, regarding credit repair services for me personally and my business. Within a week of dealing with XXXX and XXXX XXXX, I discovered it was all a scambut not before I had sent them {$1200.00} for credit repair services. He also represents Smart Money Alliance XXXX XXXX for XXXX XXXX XXXX XXXX ( IIMFL ), XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX.
Through their Access to XXXX XXXX they guarantee they can raise {$100000.00} of capital for your business. However, they do not tell you up front of the HIGH INTERESTS rates, the SHORT TERMS and that they apply to tens of lenders that negatively impact your score. Furthermore, they offer a XXXX XXXX program that promises to erase negative off your credit report.
When I decided to withdraw from this scheme and scam, he then proceeds to debt collect because I pulled out of the program.
- Please investigate XXXX XXXX of XXXX XXXX XXXX XXXX XXXX ( XXXX ) of XXXX, Texas and previously located at XXXX XXXX XXXX XXXX, XXXX XXXX.
It has come to my attention that the above person and company is a part of an elaborate credit scam that is illegal and violates the Telemarketing Sales Rule ( TSR ) and the Consumer Financial Protection Act of 2010 ( CFPA ) by providing substantial assistance or support to credit-repair businesses that use telemarketing and charge unlawful advance fees to consumers.
In addition, Mr. XXXX has used XXXX as the company to run such scrupulous activities through, including two ( 2 ) questionable Paycheck Protection Program ( PPP ) Loan : Loan # - XXXX Approved on XX/XX/XXXX For {$27000.00} Claims 6 employees/jobs Lender is XXXX XXXX XXXX XXXX XXXX.
Loan # - XXXX Approved on XX/XX/XXXX For {$70000.00} Claims 4 employees/jobs Lender is XXXX XXXX Here are the following reasons why these PPP Loans are questionable and should be investigated : - XXXX doesnt have employees as defined by the Texas Workforce Commission , as it is ONLY Mr. XXXX XXXX performing the day to day activities.
- XXXX decreased its employee count from 6 ( 1st draw ) to 4 ( 2nd draw ).
- XXXX received a 2nd draw loan for more than 200 % of the first.
- Used two different banks : XXXX XXXX Bank ( 1st draw ) and then XXXX XXXX ( 2nd draw ).
- The documentation that Mr. XXXX presented to the 2nd bank was significantly different from the documentation presented at the 1st bank.
- In order for XXXX to qualify for a {$27.00}, XXXX loanXXXX XXXX wouldve had to have claimed at least {$130000.00} of yearly wages/payroll in XXXXaveraging {$10000.00} a month in wages/payroll alone.
- In order for XXXX to qualify for a {$70000.00} loanXXXX XXXX wouldve had to have claimed at least {$340000.00} of yearly wages/payroll in XXXXaveraging {$28000.00} a month in wages/payroll alone.
- The HIGH discrepancy of wages between applications/banks for the SAME year is signs of fraud.
- XXXX doesnt pay Unemployment Insurance per the Texas Unemployment Compensation Act ( TUCA ) requirements for an employer.
Furthermore, this needs to be investigated because Mr. XXXX XXXX was also arrested on XX/XX/XXXX with he and XXXX still under investigation with the Texas Rangers for TAMPERING W/GOVERNMENT RECORDS and TAMPERING/FABRICATE PHYSICAL EVIDENCE and it shows relative pattern of behavior.
See article - XXXX XXXX XXXXXXXX?
XXXX XXXX - XXXX : XXXX Though my personal problems with him are not directly or indirectly associated with the SBA, I am providing you information because he continues to harass me and operate a scam that is taking hard earned money from persons looking for help. Please investigate and save the next family from his operations!
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| 12/24/2021 |
Yes |
- Debt collection
- Other debt
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- False statements or representation
- Attempted to collect wrong amount
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Web |
Servicemember |
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On XX/XX/XXXX, I docusigned a White Label Agreement, with XXXX XXXX, XXXX of XXXX XXXX XXXX, XXXX XXXX XXXX XXXX XXXX XXXX ( XXXX ), to market a financial literacy program to small businesses and refer clients to the " Access to Capital Program '' on a fee split basis. XXXX XXXX marketed this program as being " No Cost ''. On XX/XX/XXXX I received an email from XXXX XXXX titled " Mid Month Update '', stating that I had provide atleast ( 2 ) clients to hit my performance goals, to aviod having to pay a {$10000.00} non-refundable deposit. It was discussed that as a White Label Partner I was in complete control and could offer the program for free, or for a cost, which was to be shared with XXXX on a XX/XX/XXXX split. Prior to docusigning the " White Label '' agreement, I had a conversation with their XXXX, XXXX XXXX, who again, advised me that there was not cost. I received the agreement and signed it. On XX/XX/XXXX, I advised XXXX XXXX of my intention to no longer affiliate with he or his company as his practices were fraudulant and deceptive and that I was assured by his Chief Marketing Officer, that there were not costs involved. XXXX has sent this matter to a paralegal firm who had repeatedly emailed me invoices for {$10000.00} each month. Also on XX/XX/XXXX, I received an email containing a XXXX XXXX, TX news article dated XX/XX/XXXX, which stated XXXX XXXX had been arrested by Texas XXXX and his business was being investigated. The article cited a woman from New York, who had also filed a complaint with the XXXX alleging XXXX XXXX prays on minority businesses and scammed her out of {$3400.00}. Also see XXXX Report. I believe XXXX XXXX to be a financial predator, who preys upon minorities and minority owned businesess. I can provide copies of all documentation. I have also reported this matter to the Attorney General 's Ofice as well and can provide case information
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| 02/16/2022 |
Yes |
- Debt collection
- I do not know
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- False statements or representation
- Attempted to collect wrong amount
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Web |
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Hello. Our company XXXX XXXX XXXX XXXX partnered with a loan company called smart money alliance to fund loans. We we're told if someone goes thru the entire process of the loan, we will have to pay a origination fee of {$1200.00}. They informed us that either we pay it or charge the customer for the fee. One of our clients we submitted however the client never went thru the process and refused the loan. Smart Money Alliance is trying to charge us for the loan that never was completed thus their trying to charge us {$4700.00} in fees for a loan that our client never went thru. They keep sending invoices and we're at a point that we're tired of the harassment. WE DON NOT OWE THIS DEBT
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| 11/30/2021 |
Yes |
- Payday loan, title loan, or personal loan
- Personal line of credit
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- Charged fees or interest you didn't expect
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Web |
Servicemember |
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XXXX XXXX masquerades as an XXXX official who provides financial literacy, business loans, grants, and credit counseling for minorities. He operates at XXXX. He also operates at smartmoneyalliance.org. He claims to be given an XXXX XXXX XXXX to help minorities.
This company is simply a front to con minorities into getting high interest loans wherein he gets 10 % of every loan approved.
As well he charges an upfront fee of at least {$2500.00}. Recently he stole my signature and initiated an ach withdrawal of weekly payments which I just contacted my bank about.
His companies are XXXX, smartmoneyalliance.org, and XXXX XXXX XXXX. All are fraudulent.
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| 04/16/2021 |
Yes |
- Credit reporting, credit repair services, or other personal consumer reports
- Credit repair services
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Web |
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I entered the Smart Money Alliance XX/XX/XXXX. A week later I was assigned a mentor a week later charged XXXX dollars on a free program. Then hit with a non compliance law suit for XXXX Called the company with zero response When the document stated call within 24 hrs ... .called and called. They replied via email stating they were going to proceed with a small claims court.
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| 07/18/2022 |
Yes |
- Credit reporting, credit repair services, or other personal consumer reports
- Credit repair services
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Web |
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