Charles Pierre of PAC Pierre Affordable Housing LLC advertises loans at competitive rates. All documentation appears very legitimate right up to the Fair Housing logos. You must pay fees up front to initiate transaction. Then you must pay insurance fees similar to PMI but which are way more than the monthly payments you will make ~$10,000. He 'agrees to accept only $4K! for insurance after I laughed. After making these payments, all of which are wired, Charles makes excuses about trouble with transfers and bank issues. He even uses "his ill daughter" as an excuse! Eventually he provides so-called "proof" that the funds were delivered, but the funds never arrive. The proof looks very authentic but its obviously fictitious. I realized I was being scammed but I wanted to believe and trust. Once its too late however, I demanded all my money back. He then says he will "refund all costs and fees once his disbursement has been returned." Basically he says I received the funds and he wants them back first before he will refund. He also threatens that payments will commence in two months. When I tell him I will report him as a scam and a fraud, he tells me he will "shred all documentation" on the file-once he receives his investment back. I call him an idiot, and he threatens me saying I will "be sorry" if I call him an idiot again!Show more...
Charles Pierre and all accomplices in prison for fraud and scamming. My money back plus interest and costs.
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