On 10/08/2018, Deborah Clifton Shan initially approached me by sending an email and introduced herself that she was a private money lender and provide loans at 5.0% p.a.. She also stated that she was a DealStream registered member. As our project company was seeking $10.0M bridge finance, we started some detailed discussion on the terms and conditions after exchanging due diligence documents such as lender’s incorporation document and lending license, etc. | After initial due diligence had been completed, she told that the only fee the borrower needs to pay upfront is $4,000 application fee and there will be no other fees collected prior and after the loan disbursement. | On 12/24/2018, half of fee $2,000 was wired to an individual named account Julie A. Gibson with JP Morgan Chase WA and 12/26/2018 the remaining $2,000 was wired to another individual named account Dortha Sampson Shallwani with Landmark Bank, TX and the loan agreement was signed and validaed on 12/26/2018. | We expected the loan fund delivery could take place on the same day of loan agreement, but it never happened. Immediately after the second $2,000 was paid, she started to tell that “The Board of Directors decided not to release the loan fund unless the borrower pays additional $1,750 security deposit”. With argument made, we reluctantly paid such deposit via wire transfer to other individual named account Claudette Clarke with South State Bank, SC on 1/08/2019 but no loan had been delivered. | After having big disputes & complaints made, Deborah Clifton Shan started to contact me via WhatsApp by some reason and kept stressing that she was a legitimate lender received many awards and appreciations from State of Texas and others. Then she started to pretend to disburse the loan and kept asking me to pay bank transfer fees, “Authorization Fees”, by telling the story that sending bank charged outrageous amount of transfer fees and authorization fees, etc. | In between March 22 to June 8, 2019 we were requested to assume such unnamed bank fees with no proofing documents 17 times $3,641 paid via bitcoins transfers. She always pretended as if she were in the branch of bank and were about to send the loan transfer immediately after she had received such additionally needed fees paid, but actual fund transfer had not ever sent. | Just recently she again pretended to transfer the loan by collecting aditional $600 as bank transfer fee, but at the last moment she told “Bank declined the transfer and bank requested to pay an escrow account fee for $1,500 and I paid $750 and you are requested to pay $750 to finalize the transfer of fund”. | It has been over 8 months long discussion on the sought loan funding to date, but I decided to discontinue such unproductive discussion as we have not seen any part of legitimacy of her as a licensed lender but all scammer features.
Name: Deborah Clifton Shan / CLIFTON FINANCE LLC
Country: United States
Address: 5005 Hidalgo Street, 307