Justin Cozart of PWC" Private Wealth Capital" and his attorney Greg Mizen are scam artists. Do not send them money do not beleive a single document they send you to be true. We paid them to close on a $ 8.5 M Loan for a development in South Carolina. We requested proof of funds upon sending $ 6K to Greg Mizens Office for Underwritting and Loan Processing on December 23, 2015 with the expectation that we would fund 30 days later. Upon issuance of the funding of the underwritting process we waited until the 13th of Jan for any real conversation and dropped all our information into the required drop box.
We first sent it to Greg Mizen since according to his invoice he was the underwritting department whcih we received an email form Justin that Greg Mizen was only developing the closing docs and all documents needed to go through him not his attorney. We complied on the 17th of Jan we were informed we needed to provide an updated appraisal which we oredered and delivered on Feb 17th. We were than informed on the 22nd of Feb we need additional information on four houses that were part of the value and needed to follow HUD format. That information was provided on the 29th of Feb. We were promised that we would be able to close on the loan on the 15th of March and then Justin went dark on us after multiple phone calls and requests for updates we received emails that stated.
Stop Pushing, I will update you when I have and update or no response at all. When we started asking questions on his prooof of funds letter we found that the bank he uses is a private bank and will not provide any information, when ask Justin stated this is not the way we do this and stated we were to difficult a client and did not want to work with us.
When we reached out to Columbia Pacific a fund he stated he had worked and closed loans with they knew of him but had never closed a loan with him and the information he was providing was completely false. We were not able to verify any funds that were going to be used for the loan and when we confronted Justin on this we received additional vauge or false information.
We requested our $6K back and were told that due to our many requests and pushing this required additional legal expense and we were not going to get any monies returned. We requested billing and documents to verify costs spent and were told we would get the infomration. We are waiting for that information to arrive at this time and will update if received.
Bottom line is we have spents hundred of thousands of dollars with the expecatation this funding was coming, between deposits, engineering and legal costs.
If someone else has experienced this please contact me through this service since I am going to compile our files and correspondence and send it to the State Attorney Generals Fraud Office in the States Justin and Team operate from and the FBI.
Bottom Line- Stay Away from this group and Justin Cozart in particular, they are Scammers and have no ability to achieve what they tell you. Total waste of time and energy.
Justin Cozart Reviews
Justin Cozart of PWC" Private Wealth Capital" and his attorney Greg Mizen are scam artists. Do not send them money do not beleive a single document they send you to be true. We paid them to close on a $ 8.5 M Loan for a development in South Carolina. We requested proof of funds upon sending $ 6K to Greg Mizens Office for Underwritting and Loan Processing on December 23, 2015 with the expectation that we would fund 30 days later. Upon issuance of the funding of the underwritting process we waited until the 13th of Jan for any real conversation and dropped all our information into the required drop box.
We first sent it to Greg Mizen since according to his invoice he was the underwritting department whcih we received an email form Justin that Greg Mizen was only developing the closing docs and all documents needed to go through him not his attorney. We complied on the 17th of Jan we were informed we needed to provide an updated appraisal which we oredered and delivered on Feb 17th. We were than informed on the 22nd of Feb we need additional information on four houses that were part of the value and needed to follow HUD format. That information was provided on the 29th of Feb. We were promised that we would be able to close on the loan on the 15th of March and then Justin went dark on us after multiple phone calls and requests for updates we received emails that stated.
Stop Pushing, I will update you when I have and update or no response at all. When we started asking questions on his prooof of funds letter we found that the bank he uses is a private bank and will not provide any information, when ask Justin stated this is not the way we do this and stated we were to difficult a client and did not want to work with us.
When we reached out to Columbia Pacific a fund he stated he had worked and closed loans with they knew of him but had never closed a loan with him and the information he was providing was completely false. We were not able to verify any funds that were going to be used for the loan and when we confronted Justin on this we received additional vauge or false information.
We requested our $6K back and were told that due to our many requests and pushing this required additional legal expense and we were not going to get any monies returned. We requested billing and documents to verify costs spent and were told we would get the infomration. We are waiting for that information to arrive at this time and will update if received.
Bottom line is we have spents hundred of thousands of dollars with the expecatation this funding was coming, between deposits, engineering and legal costs.
If someone else has experienced this please contact me through this service since I am going to compile our files and correspondence and send it to the State Attorney Generals Fraud Office in the States Justin and Team operate from and the FBI.
Bottom Line- Stay Away from this group and Justin Cozart in particular, they are Scammers and have no ability to achieve what they tell you. Total waste of time and energy.
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