| Robert Ritch |
| Robert Ritch Ritch and Associates, Robert Ritch and Associates investor Knoxville, Tennessee |
| 26th of May, 2011 by User156307 |
| Beware!!! Beware!!! Beware!!! Beware!!! Beware!!! Beware!!! Beware!!! Beware!!! Do not give Robert Ritch any of your money, he is a scam artist. Mr. Robert Ritch advertises on robertritch.com that he provides funding to business for their ventures. The truth is that he will talk a smooth "game" during the free consultation, but when he gets your money, his story changes. After he received our $1000 he drove to meet to my Board members and myself, but started saying that he didn't have any available funds to help us because his funds were in an offshore account. After receiving our $1000, the only thing Mr. Ritch said he could do to help us was to issue a Letter of Credit to us. I called several banks to see about this "Letter of Credit", and none of the banks would accept it. They all told me that Letter of Credit are issued by lending institutions and they never heard of someone like Mr. Ritch trying to issue a letter of credit. Some of the bank associates even warned me to be careful because it sounded like a scam. Well, too late because he already had our $1000. During the initial telephone consultation, I clearly outlined our existing situation and details about the property we are trying to acquire. I specially told Mr. Ritch that we were a non-profit school, and he still said he could help us. He stated that he would be willing to grant some of the money to us and use it as a tax write-off. During our face-to-face meeting, Mr. Ritch said that he was not willing to grant any of the money to us, and that his funds were tied up in offshore accounts. Beware because most scam artists don't actually make a face-to-face visit, but that's a cover up to try to justify hsi scam. He was driving from Tennessee to North Carolina and he offered us nothing of value, so we are seeking to have our money refunded by Mr. Robert Ritch. Also, don't be fooled by his LinkedIn profile at www.linkedin.com. I initially found Mr. Ritch on LinkedIn and his profile seemed very impressive, but it's all just a scam. During the face-to-face meeting with Mr. Ritch, he would not stay on the topic of business. He kept talking about his family and the many businesses that he owns. He talks a good "game", but don't be fooled. If you search the RipOffReports on this website, you will see other entries in 2008 and 2009 for Mr. Robert Ritch. In his replies to consumer complaints, he explained that he was working under another company when those complaints happened, but don't be fooled. He will more than likely reply to my complaint by trying to say something negative about me or my company, but he just doesn't want to admit that he is a scam artist. He began to call me demanding when I started questioning him about my money. I later found out from authorities that it is illegal to accept money from consumers prior to delivering the service. He requested and accepted our $1000 and delivered absolutely nothing. |
|
|
|
|
| "No good deed goes unpunished", this statement proves to be more true everyday. This group comes to me as a for profit day acre and school hiding behind non-profit status and wants to buy a building. They do not have the cash flow to cover the debt service on the building and a banker from BB&T that seats on their board turned them down. Yes, I charged them a $1, 000 to evaluate the building and meet with them. After meeting with them I offered to proved a Letter of Credit to them to use as additional collateral but plainly stated that the bank would need to do the loan. This was posted and then later the same day I was emailed that self help credit union was interested in the deal and Roxanne Knight wanted to proceed with me again. Would you have proceeded with this deal? |
|
|
Post your Comment
|
|
|
