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08-02-2023, 03:49 PM #1
- Join Date
- Aug 2022
- Posts
- 38
Beware of these scumbags
Premier Financial Holdings / Bluestone Capital Group LLC
I have a merchant I've been working with for a little while now. He recently got a contract from Bluestone Capital on a $25,000 payback $37,475 30 payment deal. The merchant was sold by a fake $650,000 24 month interest free, 2.1% APR after the 24 month term period from Premier Financial Holdings. Of course if was a fake LOC scam.
Keep in mind that Bluestone charged 30% fees and took $25,000 the day after he netted $17,500. They still continued to pull there daily payment of $1,249.
If anyone knows them or has a contact for them, please let me know. In the meantime I am trying to help this client get his money back from these blowjobs that ruin our industry.
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08-03-2023, 01:21 PM #2
- Join Date
- Apr 2021
- Posts
- 121
Lets get one thing straight
Im not bluestone ....IM BLUEROCK
And if you see my name on affidavits its for BLUE ROCK CAPITAL NOT BLUESTONE
THANKS GOOD DAY
ANY QUESTIONS PLEASE FEEL FREE TO REACH OUT
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08-03-2023, 01:28 PM #3
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- Apr 2021
- Posts
- 121
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08-03-2023, 10:54 PM #4
- Join Date
- Sep 2022
- Posts
- 1
I know the merchant very well I am trying to help him get his money back from his back. These guys are real scumbags and need to be stopped it's scam artists like this that make this industry look so bad.
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08-04-2023, 07:06 AM #5
- Join Date
- Mar 2014
- Location
- Florida
- Posts
- 2,948
"The merchant was sold by a fake $650,000 24 month interest free,"
If it sounds to good to true ? Who would believe anyone would provide $650K @ zero interest rate when Prime is 8% + ?Dave Lambert, Business Development
dave@fcbankcard.com
Merchant Services Consultant
High Risk Merchant Payment Solutions
SBA 7(a) Loans & Short-Term Funding
T/VM: 727-291-7890
Office: 727-233-1111
Skype: fc-financial
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08-04-2023, 09:25 AM #6
- Join Date
- Jun 2015
- Posts
- 3,322
So you know how the government was giving out completely free money with the ppp loan and than they went to the eidl with no payments for over a year the new program they are backing is no interest for 24 months , go biden
This was the pitch that my merchant got scammed with from them
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08-04-2023, 10:07 AM #7
- Join Date
- Mar 2014
- Location
- Florida
- Posts
- 2,948
What Government Program is offering 24 months @ zero interest?
Dave Lambert, Business Development
dave@fcbankcard.com
Merchant Services Consultant
High Risk Merchant Payment Solutions
SBA 7(a) Loans & Short-Term Funding
T/VM: 727-291-7890
Office: 727-233-1111
Skype: fc-financial
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08-04-2023, 10:10 AM #8
- Join Date
- Jun 2015
- Posts
- 3,322
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08-04-2023, 10:45 AM #9
- Join Date
- Mar 2014
- Location
- Florida
- Posts
- 2,948
Dave Lambert, Business Development
dave@fcbankcard.com
Merchant Services Consultant
High Risk Merchant Payment Solutions
SBA 7(a) Loans & Short-Term Funding
T/VM: 727-291-7890
Office: 727-233-1111
Skype: fc-financial
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08-04-2023, 12:59 PM #10
- Join Date
- Feb 2023
- Posts
- 15
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08-04-2023, 01:17 PM #11
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- Aug 2021
- Posts
- 160
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08-06-2023, 02:59 PM #12
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- Jun 2015
- Posts
- 754
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08-07-2023, 11:29 AM #13
- Join Date
- Feb 2019
- Posts
- 209
Unfortunately, I had a sale rep that pulled some very elaborate lies. I am not going to say what they were bc I don't want to give people ideas but it was very slick. Still good to be true. Thankfully there is tech that can eliminate these issues.
There are dumb merchants but there are also desperate, broke merchants that make decisions based on emotions rather than logic. There is also a fair bit of smart merchants that are financially illiterate.
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08-08-2023, 12:39 PM #14
- Join Date
- Oct 2013
- Location
- Designer
- Posts
- 591
Yeah, most merchants aren't necessarily "business men" in the traditional sense, (no business schooling, no business mentor, never owned a business)..... they were skilled subject matter experts, that decided to open a storefront to feature their skill to as many people as possible.
Not realizing that opening a business would actually take you away from that skill, and focus you on doing things you don't really want to do, and were never really good at to begin with.
Then they find themselves in a situation where they're willing to do anything to save their dream, and they're receptive to anyone who can move that along, when the correct "business" decision would be to shut it all down, or bring in a partner with a business mind.
www.UccRadar.com - Large sales volume merchants filling out your application.
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08-10-2023, 09:57 AM #15
- Join Date
- Nov 2018
- Posts
- 1
I am literally looking at a set of BS where the same exact thing happened,
Funded 7/26 14k,
debits $999 7/26
Wire back to Bluestone, $28,980 7/26
Bluestone debits $999 7/27
i cant imagine paying 28k on 14k, in or out of the industry
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08-10-2023, 10:51 AM #16
Sheesh what a rabbit hole this was.
All I can tell you is that if there is NO information in the terms and conditions or privacy policy of the website along with address disclosures etc. you can look up the domains owner. Usually it's godaddy BUT you can report websites to godaddy by emailing ABUSE@GODADDY.COM (WIX:domain-abuse@wix.com) - If the merchant files a police report they can provide godaddy with that information for them to supply the registered agent to the po-pos.
Sometimes you can't find much but I LOVE reverse imaging and finding the other fake sites... or copy paste their content into Google to find where they took it from or their other fake sites...
This industry is full of dumb criminals.Last edited by TheConfidentBroker; 08-10-2023 at 10:56 AM.
Funding is Temporary. Wu-Tang is Forever.
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08-10-2023, 11:07 AM #17
Actually, I wake up everyday with a little spark of violence in me so here.
Here are similar or associated websites and companies. Yw
REMOVED 1st one
https://www.merchantsprivatefundingllc.com/
Wantagh, NY 11793
merchantsprivatefundingllc@gmail.com | 631-991-1021Last edited by TheConfidentBroker; 08-10-2023 at 11:36 AM.
Funding is Temporary. Wu-Tang is Forever.
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08-15-2023, 03:29 PM #18
- Join Date
- Apr 2017
- Location
- 1301 NJ-36, Bldg#2, Ste#5, Hazlet, Nj, 07730
- Posts
- 143
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08-15-2023, 04:51 PM #19
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- Aug 2022
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- 38
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08-15-2023, 07:59 PM #20
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- Aug 2018
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- 789
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08-17-2023, 12:15 AM #21
- Join Date
- Oct 2021
- Posts
- 77
BlueRock, aka Hybrid aka forever funding aka Kevin aka Ariel are scumbags who don’t pay commissions to their brokers and prefer to do one off deals and keep a couple of points then build long term relationships. Stay far away.
Last edited by Inquisitive; 08-17-2023 at 12:18 AM.
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08-17-2023, 06:30 AM #22
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- Aug 2018
- Posts
- 789
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08-17-2023, 07:54 AM #23
- Join Date
- May 2023
- Location
- Ny Ny
- Posts
- 16
Karma will get Blue Rock
I already see this fool operating with contracts with out disclosures(California)
Fines and broken contracts should follow... Shouldn't be around much longer
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08-17-2023, 09:35 AM #24
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- Aug 2018
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- 789
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08-17-2023, 11:21 AM #25
- Join Date
- May 2023
- Location
- Ny Ny
- Posts
- 16
As I tell the merchants who got hit by them, always file with the fbi, attorney general, etc. Only numerous complaints and proof of fraud will have them removed. Takes some time, but it does work. Best is to always educate clients on the bad actors who promise credit lines and selling pipe dreams
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