These guys are no good
For starters, I'll share a disturbing email I received about them from a broker almost a year ago. There's more ugliness on sites like Topix and Network 54 if anyone wants to dig further. Herein:
NON PERFORMANCE BY CAPITAL BANK & TRUST/US CAPITAL FUNDING II
WARNING TO ALL BUSINESS ASSOCIATES AND FUTURE BUSINESS ASSOCIATES OF CAPITAL BANK & TRUST / US CAPITAL FUNDING II;
Unfortunately, the initial retraction I gave confirming the resolution of my clients transaction with Capital Bank & Trust/US, has proven to be a mistake. This has resulted in my failure in my fiduciary responsibility to my client and company. Capital Bank & Trust/US Capital Funding II has not performed and it appears that they will never perform. They were paid for this MT 760 on April 27, 2009, but only a cash account was set up and the account was never SWIFTED. Since May 21st, the only development has been a MT 760 issued by Capital Bank & Trust, but to the wrong bank coordinates. It went to an account that had been closed for months. My client and my company never provided the bank coordinates and we believe it was done to delay the inevitable, which was non performance. When we informed them of this blatant mistake, they agreed to send the MT 760 to the correct bank account, but until today we have received nothing. It has now been close to 30 days of zero emails or phone calls from Adam Cordowski (Capital Bank & Trust, Chief Executive Officer).
Subsequently, we have tried for the last twelve days to resolve this with them and have gotten nothing. No MT 760, No Responses, No Form of Communication, we also went on to learn from other investors and colleagues, this same pattern of misrepresentation, collecting fees without performing, and zero communication is consistent with experiences others have had with them. Many groups are no longer working with them or pursuing their own criminal investigation due to their horrid experience with Capital Bank & Trust / US Capital Funding II. If you spend any time investigating this company, you will discover that this companys address is not a bank address as they claim, but a Postal Annex. You will also discover that the phone number on their official bank document is not a land line to their Bank, but a telephone answering service located in MD. They transfer calls to Adam Cordowski or email him your message. Their Vice President, Melanie Simmons, will never be reached because she doesnt exist. They forward all her calls to Adam Cordowski via email. Adam Cordowski (fake picture attached) is an alias. His real name is Robert Fowler. Individuals who know Robert Fowler can confirm all of this. Obviously, the alias and the misleading picture are used in order to mask his identity so he can get away with his fraudulent schemes.
I am hoping this will be a warning to anyone engaging in any current or future transaction with Capital Bank & Trust / US Capital Funding II. I will keep you posted on how this matter ends. I wouldnt want anyone to experience what Adam Cordowski/Robert Fowler has put us through. This business setback has caused my client to lose millions in damages and ultimately his job as a senior executive for a development company in Mexico. I encourage all my associates and colleagues in this area of business to close down all current and potential business with this group. More importantly, please pass this on to other colleagues and business associates so they can protect themselves and their clients. This is the only way that we can begin ensuring that only the best providers remain in this business. As we all know, experiences like this only makes it impossible to obtain and build trust with legitimate clients. My company intends to do whatever it can to close the doors of Capital Bank & Trust/US Capital Funding II down. Please help us in this effort. Pass this email on, inform others, and immediately end all business with this group. Integrity Realty and Lending Group, LLC is willing to work with anyone who wants to combine efforts to shut down this organization. We company has never lost a clients money and we will not allow Capital Bank & Trust / US Capital Funding II to have us become another one of their victims.
Last edited by straight Shooter; 05-10-2010 at 05:31 PM.
AI
