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Re: JMMatthews post# 3378

Tuesday, 12/15/2020 11:15:29 AM

Tuesday, December 15, 2020 11:15:29 AM

Post# of 3963
How are social media posts a sign of something good?

Signet has about 24 people total following all of their social media accounts. Sending social media posts to a handful of people is supposed to generate a multi million dollar partnership? How?

There was a guy 6,7 years ago selling a bogus commercial financing plan called NetLife Financial. Anthony Baratta was the principal who promoted a revolutionary Collateralized Mortgage Obligation financing plan.

A variety of companies and real estate developers paid a $15,000 Escrow Deposit to start the loan process. Within a couple hours of the deposits hitting the "escrow account" the money was gone and no loan ever funded.

Anthony Baratta and Net Life Financial have never closed one loan to anyone's knowledge, but has been sued by many.

NetLife Financial was big on social media posts bragging about this accomplishment or that milestone.

On social media, they talked about the opening of their new offices in Washington DC. I happened to be in DC shortly following the announcement of the DC office. I went to the address and neither the building manager or the leasing company had every heard of NetLife Financial. I then went to the previous address listed, which was a PO Box in a DC government building.

When I read a post from Signet, it sounds an a lot like Anthony Baratta.

Real businesses do.

Fake businesses post on social media.