Global Funding Professionals Complaint - Got Investments?

Review by on the look out on 2007-08-07
GLENDALE, CALIFORNIA -- When Global Funding Professionals came to me, We were explained that we would get a refinance and get some investments to help pay off my house in the future. Which was annuity of $10,000.00 and a mutual fund of $20,000.00.
They ended up with $40,000.00 and we ended up with 2 properties in Arkansas. We supposedly have one more property coming?

when we received the first property deed, they told my husband and I that the property was the annuity. When the second one was given we were told that they canceled the mutual fund because mutual funds were not a good investment at this time and they got us two more properties.

They have refused to give us any proof on how our money was invested. It did take 3 months to get a copy of one page that showed we signed for multi land purchase in Arkansas. that was the first time we saw what we had singed for. No wonder he does not want to give me more information.
Comments:3 Replies - Latest reply on 2007-09-27
Posted by Hugh_Jorgen on 2007-08-07:
Arkansas land deals? Hillary?
Posted by poppapia on 2007-08-07:
This smells like either a scam or a pyramid scheme. Why did you agree to something like this, rather than find a local broker to help you?
Posted by on the look out on 2007-09-27:
I have since received my third property and guess what? it is in foreclosure. from someone who know absolutely nothing about investing sure found out the hard way. Invest only with someone you know or someone who has used them in the past!!!!

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