Beware of these scumbags
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  1. #1

    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.

  2. #2
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    Angry

    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

  3. #3

  4. #4
    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.

  5. #5
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    "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

  6. #6
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    Quote Originally Posted by Yankeeman07 View Post
    "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% + ?
    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

  7. #7
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    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

  8. #8
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    Quote Originally Posted by Yankeeman07 View Post
    What Government Program is offering 24 months @ zero interest?
    Dave come on follow along .That is the lie . You asked how people fall for it and this is how . They are not in the industry they dont know what is out there or not

  9. #9
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    Quote Originally Posted by Michael I View Post
    Dave come on follow along .That is the lie . You asked how people fall for it and this is how . They are not in the industry they dont know what is out there or not
    They are supposed to be business minded
    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

  10. #10
    Quote Originally Posted by AGuyWhoFunds View Post
    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.
    they never stop how are merchants so dumb how to you get the money back?

  11. #11
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    Quote Originally Posted by VEG View Post
    they never stop how are merchants so dumb how to you get the money back?
    it boggles my mind of how dumb these merchants are

    Like what to they say on the phone to make it sound so be believable

  12. #12
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    Quote Originally Posted by Robinhood21 View Post
    it boggles my mind of how dumb these merchants are

    Like what to they say on the phone to make it sound so be believable
    I’ve seen written agreements from some of the people doing this.. that “guarantee” stuff

  13. #13
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    Quote Originally Posted by Robinhood21 View Post
    it boggles my mind of how dumb these merchants are

    Like what to they say on the phone to make it sound so be believable
    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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    Quote Originally Posted by mistamca View Post
    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.


    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.

  15. #15
    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

  16. #16
    Senior Member Reputation points: 65649 TheConfidentBroker's Avatar
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    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.

  17. #17
    Senior Member Reputation points: 65649 TheConfidentBroker's Avatar
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    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 | 631-991-1021
    Last edited by TheConfidentBroker; 08-10-2023 at 11:36 AM.
    Funding is Temporary. Wu-Tang is Forever.

  18. #18
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    Quote Originally Posted by funfunder1 View Post
    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
    He is right I have seen Blue stone start funding Deals that were defaulted in the past when others wouldnt like a Cell store that defaulted last year on LCF. Gave $25k under 1 year in biz.

  19. #19
    Quote Originally Posted by funfunder1 View Post
    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
    As you can see I mentioned BLUESTONE not Bluerock..
    Brokers here can obviously spot the difference between the names.
    My intentions are not to throw dirt on a lender but to state the one that is doing criminal business.

  20. #20
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    Quote Originally Posted by AGuyWhoFunds View Post
    As you can see I mentioned BLUESTONE not Bluerock..
    Brokers here can obviously spot the difference between the names.
    My intentions are not to throw dirt on a lender but to state the one that is doing criminal business.
    I wonder who runs bluestone

  21. #21
    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.

  22. #22
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    Quote Originally Posted by Inquisitive View Post
    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.
    I know forever funding is a world global guy.

    Are they still working for world global or did these guys branch off?

  23. #23
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    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
    Efraim"Brian" G. Kandinov
    brian@fundfimerchantfunding.com
    CEO
    Fundfi Merchant Funding LLC

  24. #24
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    Quote Originally Posted by FundfiCEO View Post
    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
    What can we do collectively to get these guys what's coming to them?

  25. #25
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    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
    Efraim"Brian" G. Kandinov
    brian@fundfimerchantfunding.com
    CEO
    Fundfi Merchant Funding LLC

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