Foretrust / Gemini Funding
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  1. #2
    Senior Member Reputation points: 10964
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    Quote Originally Posted by jtsfunding View Post
    I hate to bad mad mouth other people in the same space as me, but these guys have really done it in for me. Ron Shusterman and Mike Mendez with Foretrust funding and Gemini funding are some of the shadiest individuals in the space. With plenty of controversy surrounding them in previous daily funder posts from other individuals whether or not they are brokers themselves rather than real lenders I always stood up for them until this point.

    I am here to confirm that they are in fact BROKERS as well as funders, we have funded a deal with them multiple times under Gemini and come to find out they went behind our back and funded him again without our knowledge and when confronted they lied straight to our face, we have confirmed with the merchant using MTD and a copy of the contract that was coming from Foretrust that they in fact did go behind our back and get in touch with our merchant to fund him this deal and not to pay commission. This is not the first issue we have run into with them and lying about payments made in order to not pay out commission, but this is the final straw for me.

    I advise everyone to stay far away from these guys, if they are going to go behind our back to fund a merchant I cant help but assume they are also stealing every file we have sent to them whether they are brokering it out to fund them selves or selling the files off as packaged apps. Either way this is disgusting and these guys are the main reason this industry is so frowned upon. If you are not capable of originating your own deals let alone payout your brokers for bringing you deals you do not deserve to be in business.

    Everyone else feel free to share your negative experience(s) with this group of individuals in the thread
    Funny that you choice to leave out the part that 7 of your deals defaulted before 30 days and you owe us 19,850.00 in clawbacks. Just to set the record straight you were not paid on 1 renewal of 8,000.00 because of the outstanding balance that is owed. Where do I start with GCC Gulf Coast Capital, do I bring up how you stacked most of these deal to where the merchant defaults on me within 2 weeks? Or do I bring up how the merchants somehow ended up with the same debt settlements company after being stacked beyond return? If you like we can put everything out on here names of merchants that defaulted with amounts and the debt settlement company that just happens to call the merchants that coincidently come from GCC. I would focus your energy on paying us back on these defaults.
    Last edited by Fundthis!; 07-24-2024 at 08:34 PM.
    Mike
    Chief Motherfunder In Charger
    Foretrust Funding
    Michael@foretrust-funding.com
    www.foretrust-funding.com
    Direct Funder

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