"Consumer Reviews on Companies, Products and Services"

Paramito Global Holdings

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Category: Business & Finances

Contact Information
1000 Haddonfield-Berlin Rd, Voorhees, New Jersey, United States

Phone number: 856-952-6241

Paramito Global Holdings Reviews

akskal August 7, 2009
fraud
This group poses as an investment bank and financier for real estate, film and other projects. They claim to have huge projects and can self-finance. They execute term sheets, funding agreements and operational agreements with fees payable prior to funding. Usually the fees are termed "legal fees" and other cash advances are "equity contributions" toward the development of new holding companies which will be used to facilitate the funding transactions for the projects. Everything is fine until the legal fees and other advances are made, then no due diligence is done and no funding ever gets concluded. They are not registered as investment bankers, mortgage lenders or have licenses to be underwriters or so on. They also operate other companies such as PGH-Canada Ltd and now Secured Lending LLC.

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