Noone EVERY in the history of EVER pays the fees listed above for these kinds of services. You can list on a public exchange start to finish for less.
The cost of facilitating a legitimate loan or financial vehicle is ZERO dollars. Banks and finance institutions burry the admin costs in the after loan fees or interest rates.
This is how it is ALWAYS done, no exceptions. If someone suggests otherwise..... Scam
Was contacted by them today. The same usual MO. Tons of documentation required up front, it will lead to a front fee requirement to facilitate the loan. They will guarantee the funds verbally from some billon dollar finance company at a ridiculous rate with no collateral.
We've seen it many times, this one is no different. We're going to give the information to the authorities. Maybe when there is enough complaints they will do something.
ZERO chance we will get involved. The last group associated with the referring party asked us for signature specimens and copies of our incorperation documents, passports, and Drivers Licenses for senior people in the company. Was "standard" practice. We told them to pound salt and not contact us again... instead they sent Changoo on us.
BTW... website is anonymous and made in 2018.
All these people do is scam and phish for info to identity theft your senior execs and company globally. Then they structure some liablility in some remote area that they try and blackmail you with.
Changoo & Associates (C&A) is an independent third-party Management Consulting and Advisory Firm and is contracted to a private Banking Consortium Network which is the source of intellectual property, promoting higher standards of ethics and security in the banking industry.C&A has a contracted role of sourcing and placing Funding inquiries with our Banking network. C&A is obligated to adhere to there Bank Consortium Networks CODE OF CONDUCT at all times.
In 2013 our group was introduced to Dale Changoo at Changoo and Associates in Toronto Canada. He was supposed to help facilitate a loan with Arcis Consortium, a European comany that was going to loan our group money for a farm investment in the United States. We gave Dale Changoo, $50,000 to faciliate the loan and wired over $180,000 to a group in Sweden to complete the "compliance" for the loan. It turned out to be a complete scam and we lost all of our money. Dale Changoo, even after giving his personal word has never returned any of our money, including the funds that were wired direclty to him.
Do not get involved with him or his company in any way, you will regret it as we have. We hired a reputable attorney in Toronto to represent our group, but being from the United States it proved to be to costly. We dont want anyone to loose any of their money as we did. It has devasted our family financially. We will never recover.
It is a general doctrine of law in all jurisdictions that making false public statements against a person or firm is illegal. Commonly known as “slander” (when verbal) or “libel” (when written), false statements to damage someone’s reputation is called “defamation”. Defamation is defined by various laws in clear and uniform terms: “Provably false statements of verifiable fact, that serve to undermine or damage someone’s reputation.” It is no defence to phrase a false statement as an “opinion”, one’s “own experience”, or as some alleged “consumer complaint”. As long as the comments contain some false statements of fact that could be verified as false and could or should be known to be false, then it is defamation, and it is illegal.
ADDITIONALLY: Client Responsible for Own Project – Supporting institutions and collateral providers do not “owe” clients free licensed work, just because they happen to also have funding sources. Clients are fully and solely responsible for offering their own projects or transactions, which must be bankable, asset backed and certified at their own expense. Funding sources are required to reject clients who are not prepared – quite the opposite of any obligation to make somebody else’s project qualified “for free”. There is a never-ending unlimited supply of infinite thousands of other projects who are already qualified, who funding sources can and should accept instead.
Experienced companies who reliably successfully obtain funding for their projects know that they must (and always do) spend the following typical average budgets on required licensed services (to other various firms) to make their project and collateral bankable:
• Law firm work on preparation and positioning the project $ 100,000
• Authorized underwriting to endorse and certify project $ 40,000
• Securing third-party assets as outside Collateral $ 100,000
• Licensed valuations certifying the monetizing value of assets $ 30,000
• Licensed transaction structuring and certification of structure $ 50,000
• Law firm management and facilitation of all aspects of transaction $ 150,000
Total Average Real Costs of Making “Bankable” with Collateral = $ 500,000
Changoo & Associates Reviews
Also...
Noone EVERY in the history of EVER pays the fees listed above for these kinds of services. You can list on a public exchange start to finish for less.
The cost of facilitating a legitimate loan or financial vehicle is ZERO dollars. Banks and finance institutions burry the admin costs in the after loan fees or interest rates.
This is how it is ALWAYS done, no exceptions. If someone suggests otherwise..... Scam
Just another Front fee loan scam
Was contacted by them today. The same usual MO. Tons of documentation required up front, it will lead to a front fee requirement to facilitate the loan. They will guarantee the funds verbally from some billon dollar finance company at a ridiculous rate with no collateral.
We've seen it many times, this one is no different. We're going to give the information to the authorities. Maybe when there is enough complaints they will do something.
ZERO chance we will get involved. The last group associated with the referring party asked us for signature specimens and copies of our incorperation documents, passports, and Drivers Licenses for senior people in the company. Was "standard" practice. We told them to pound salt and not contact us again... instead they sent Changoo on us.
BTW... website is anonymous and made in 2018.
All these people do is scam and phish for info to identity theft your senior execs and company globally. Then they structure some liablility in some remote area that they try and blackmail you with.
Stay FAR FAR AWAY !
PROJECT ADVISORY/ CONSULTING
Changoo & Associates (C&A) is an independent third-party Management Consulting and Advisory Firm and is contracted to a private Banking Consortium Network which is the source of intellectual property, promoting higher standards of ethics and security in the banking industry.C&A has a contracted role of sourcing and placing Funding inquiries with our Banking network. C&A is obligated to adhere to there Bank Consortium Networks CODE OF CONDUCT at all times.
In 2013 our group was introduced to Dale Changoo at Changoo and Associates in Toronto Canada. He was supposed to help facilitate a loan with Arcis Consortium, a European comany that was going to loan our group money for a farm investment in the United States. We gave Dale Changoo, $50,000 to faciliate the loan and wired over $180,000 to a group in Sweden to complete the "compliance" for the loan. It turned out to be a complete scam and we lost all of our money. Dale Changoo, even after giving his personal word has never returned any of our money, including the funds that were wired direclty to him.
Do not get involved with him or his company in any way, you will regret it as we have. We hired a reputable attorney in Toronto to represent our group, but being from the United States it proved to be to costly. We dont want anyone to loose any of their money as we did. It has devasted our family financially. We will never recover.
POST DEBUNKED - UNLAWFUL AND ILLEGAL
It is a general doctrine of law in all jurisdictions that making false public statements against a person or firm is illegal. Commonly known as “slander” (when verbal) or “libel” (when written), false statements to damage someone’s reputation is called “defamation”. Defamation is defined by various laws in clear and uniform terms: “Provably false statements of verifiable fact, that serve to undermine or damage someone’s reputation.” It is no defence to phrase a false statement as an “opinion”, one’s “own experience”, or as some alleged “consumer complaint”. As long as the comments contain some false statements of fact that could be verified as false and could or should be known to be false, then it is defamation, and it is illegal.
ADDITIONALLY: Client Responsible for Own Project – Supporting institutions and collateral providers do not “owe” clients free licensed work, just because they happen to also have funding sources. Clients are fully and solely responsible for offering their own projects or transactions, which must be bankable, asset backed and certified at their own expense. Funding sources are required to reject clients who are not prepared – quite the opposite of any obligation to make somebody else’s project qualified “for free”. There is a never-ending unlimited supply of infinite thousands of other projects who are already qualified, who funding sources can and should accept instead.
Experienced companies who reliably successfully obtain funding for their projects know that they must (and always do) spend the following typical average budgets on required licensed services (to other various firms) to make their project and collateral bankable:
• Law firm work on preparation and positioning the project $ 100,000
• Authorized underwriting to endorse and certify project $ 40,000
• Securing third-party assets as outside Collateral $ 100,000
• Licensed valuations certifying the monetizing value of assets $ 30,000
• Licensed transaction structuring and certification of structure $ 50,000
• Law firm management and facilitation of all aspects of transaction $ 150,000
Total Average Real Costs of Making “Bankable” with Collateral = $ 500,000