CONSUMERS BEWARE, DO NOT DO BUSINESS WITH THIS COMPANY, if you see the name Richard Zaida Descalsota or Barr Peter Walsh, beware and report them to the DBO and CFPB, and or law enforcement if they have already victimized you.
Here's my experience:
I was contacted by an individual claiming to be Richard Zaida Descalsota in response to a LinkedIn post I had placed requesting information for a small business loan. The individual claimed to be a private money lender and he forwarded me an application to complete for my personal information. I asked him if he is licensed to carry any licenses with the Department of Business Oversight, he stated he is not required to be licensed to operate which contradicts what the DBO rules and regulations. Also, the individual claiming to be the one pictured on the LinkedIn profile (linkedin.com/in/richard-zaida-descalsota-37106556/) who spoke with me on the phone had a heavy oriental accent and the person in the picture who is supposedly Richard does not appear to be Oriental.
After, "Richard" received my application he contacted me and sent me a repayment plan for the loan. He immediately asked for a Western Union payment to secure insurance for the loan, he called it Loan Protection Insurance. When I heard Western Union I began to suspect fraud. His loan paperowk looked very fake and had fake looking signatures and phony contracts. I asked him if I can meet him in person to discuss the loan details further and he declined to meet me at his office to discuss. He became very angry when I asked additional questions, and so I told him to discard my information and that I was no longer interested. He became very belligerent that he eventually sent me death threats over text and I have them saved. Later I learned from another LinkedIn member that this same individual was involved in stealing her money.
The information on the scam and bogus individual and business is below:
The cell phone # this individual is using is: 657-221-1780
Supposed name of individual is Richard Zaida Descalsota
First Funding Mortgage Reviews
CONSUMERS BEWARE, DO NOT DO BUSINESS WITH THIS COMPANY, if you see the name Richard Zaida Descalsota or Barr Peter Walsh, beware and report them to the DBO and CFPB, and or law enforcement if they have already victimized you.
Here's my experience:
I was contacted by an individual claiming to be Richard Zaida Descalsota in response to a LinkedIn post I had placed requesting information for a small business loan. The individual claimed to be a private money lender and he forwarded me an application to complete for my personal information. I asked him if he is licensed to carry any licenses with the Department of Business Oversight, he stated he is not required to be licensed to operate which contradicts what the DBO rules and regulations. Also, the individual claiming to be the one pictured on the LinkedIn profile (linkedin.com/in/richard-zaida-descalsota-37106556/) who spoke with me on the phone had a heavy oriental accent and the person in the picture who is supposedly Richard does not appear to be Oriental.
After, "Richard" received my application he contacted me and sent me a repayment plan for the loan. He immediately asked for a Western Union payment to secure insurance for the loan, he called it Loan Protection Insurance. When I heard Western Union I began to suspect fraud. His loan paperowk looked very fake and had fake looking signatures and phony contracts. I asked him if I can meet him in person to discuss the loan details further and he declined to meet me at his office to discuss. He became very angry when I asked additional questions, and so I told him to discard my information and that I was no longer interested. He became very belligerent that he eventually sent me death threats over text and I have them saved. Later I learned from another LinkedIn member that this same individual was involved in stealing her money.
The information on the scam and bogus individual and business is below:
The cell phone # this individual is using is: 657-221-1780
Supposed name of individual is Richard Zaida Descalsota
First Funding Mortgage Company
10240 Westminster Ave # 206
Garden Grove, Ca 92843
Email: [email protected]
Linked in profile: linkedin.com/in/richard-zaida-descalsota-37106556/