Consumer reviews and reports on scam companies, bad products and services
MTTJ of California LLC Thomas R Papa SCAM AND FRADULENT COMMERCIAL REAL ESTATE FUNDING TRANSACTIONS. Sunnyvale, California
21st of Dec, 2011 by User335221
If you are a independent broker and have a client seeking private funding for your commercial real estate project or potential client stay away from MTJJ of California LLC. The front man is Thomas R Papa he comes across a pompus snake oil salesman. His pitch is he can fund your project in a little as 2 weeks BUT you must pay a UP FRONT DEPOSIT fee in most cases. He says instead of putting the deposit in an escrow account it must go in his personal Bank Of The West account. If you get that far in the process you will notice when you get close to your funding date you will notice he has done very little due dilligence in regards to reading a purchase agreement,feasability study, appraisal etc. He will come across as incompetent. He has an very shaky Letter Of Intent I mean promissory note that he contructs as a funding agreement. As it gets closer to the funding date agreed upon he will drag the process on and use stall tactics to push the funding back. Eventually he will just be stringing the client along with false dreams of getting the project funded. At the end of the day YOU PROJECT WILL NOT GET FUNDED!!! YOU WILL GET A BOAT LOAD OF EXCUSES!!!! If you are so lucky you may be able to get your 6 figure deposit back!
Comments
4472 days ago by Thomasrpapa
This is one complaint in 10 years. If anyone would like the legal version of what happened with cooresponding legal documents feel free to contact.
4453 days ago by GDL
NO COMPLAINTS HERE...HE HAS BEEN NOTHING BUT A GENTLEMAN...I TOTSLLY DO NOT SEE WHAT THEY ARE TALKING ABOUT!!
4453 days ago by GDL
NO COMPLAINTS HERE...HE HAS BEEN NOTHING BUT A GENTLEMAN...I TOTSLLY DO NOT SEE WHAT THEY ARE TALKING ABOUT!!
4453 days ago by GDL
NO COMPLAINTS HERE...HE HAS BEEN NOTHING BUT A GENTLEMAN...I TOTSLLY DO NOT SEE WHAT THEY ARE TALKING ABOUT!!
4345 days ago by DirtyStanSanchez
TOM PAPA STILL IS SCAMING>>>>> SEE THE AD BELOW

http://sanjose-ca.hoodbiz.org/95117/services/3-bedroom2bath-home-20-percent-down-no-qualifying-449000-west_18575683.html
4345 days ago by DirtyStanSanchez
DON"T BE FOOLED. THIS GUY DOESN"T FUND. HE IS GOOD AT TAKING YOUR DEPOSITS OF ANY AMOUNT AND NOT RETURNING THEM!! HE STILL ADVERTISES ON CRAIGSLIST WITH HIS PHONE NUMBER OR ONE OF HIS TEAM, LIKE GDL LISTED ABOVE.

SEE RIPOFF, HE HAS NEVER RETURNED ANYONES MONEY. HE ALSO HAS ALIAS USER ACCOUNTS WHERE HE POSTS POSITIVE REVIEWS.

He will tell you anything just to get that deposit, then you will get a boat load of lies.

Contact the Santa Clara district attorney. DONT GET SCAMMED


http://www.ripoffreport.com/financial-services/mtjj-of-california-l/mtjj-of-california-llc-tom-pap-703cf.htm

408-835-2462
TOM PAPA
THOMAS RANDY PAPA
THOMAS R PAPA
MIKE MARTINEZ
JOHN RAKE
COBALT GROUP
408-835-2462
408-835-2462
MTJJ OF CALIFORNIA
MTJJ
THOMAS PAPA

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