Has anyone worked with UpLands Private Lending?

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Nathaniel Tucker
Member since 2023 · 1 post · 5 votes
2y

THIS IS A SCAM. I am Nathaniel Tucker, and this was just brought to my attention today that someone is using my name and pretending to work for Upland Private Equity. I am attorney at Singerman, Mills, Desberg & Kauntz in Beachwood, Ohio (Do a quick google search of firm name and you can find my bio on the company website). I registered this company in Ohio for a client, and I signed the registration as the "Authorized Representative". This is a common practice for corporate attorneys. Because these records are publicly available on the Ohio Secretary of State's website, they found the name and began impersonating the company and impersonating me to try to defraud people. DO NOT SEND THEM ANY MONEY. Instead, you should file a police report immediately.  

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  • Ivan Adu-PokuPro Member
    Member since 2023 · 7 posts · 1 vote
    2y
    Quote from @Logan Morris:

    I've been approached by a lender from UpLands Private Lending, and their rates seem great. Does anyone have any experience working with them?

    I am currently working with someone from there named Nathaniel Tucker, it’s checked out so far, but the rates seem to good to be true so I’m treading lightly
    1Reply
  • Carressa WalkerPro Member
    Real Estate Agent · NJ · Member since 2023 · 47 posts · 15 votes
    2y

    Don’t do it! They are a scam!  

    [email protected]732-589-5076
    2Reply
  • Logan Morris
    OP
    Member since 2021 · 4 posts · 2 votes
    2y
    Quote from @Carressa Walker:

    Don’t do it! They are a scam!  

     Hi @Carressa Walker, what makes you say that?

    0Reply
  • Chris SeveneyBusiness Member
    Moderator
    Investor · VA · Member since 2015 · 21k+ posts · 19k+ votes
    2y

    @Ivan Adu-Poku

    What rate they offering ?

    Always always always always (did I say always) use a third party escrow company and have them handle everything

    If it is a scam it will get flushed out as your payments for fees won’t get anywhere until they fund the transaction to escrow

    7e investments53 Reviews
    WebsiteView Page
    1Reply
  • Ivan Adu-Poku
    Member since 2023 · 1 post · 0 votes
    2y
    Quote from @Chris Seveney:

    @Ivan Adu-Poku

    What rate they offering ?

    Always always always always (did I say always) use a third party escrow company and have them handle everything

    If it is a scam it will get flushed out as your payments for fees won’t get anywhere until they fund the transaction to escrow

    0Reply
  • Ivan Adu-PokuPro Member
    Member since 2023 · 7 posts · 1 vote
    2y
    Quote from @Chris Seveney:

    @Ivan Adu-Poku

    What rate they offering ?

    Always always always always (did I say always) use a third party escrow company and have them handle everything

    If it is a scam it will get flushed out as your payments for fees won’t get anywhere until they fund the transaction to escrow


     
    We agreed to a 30 year fixed rate loan of 65k with an interest rate of 7.25, and I’m using a title company and everything has been going through them, and they have been following the usual protocol, but the only thing that is a little strange is they are very difficult to get on the phone

    0Reply
  • Chris SeveneyBusiness Member
    Moderator
    Investor · VA · Member since 2015 · 21k+ posts · 19k+ votes
    2y
    Quote from @Ivan Adu-Poku:
    Quote from @Chris Seveney:

    @Ivan Adu-Poku

    What rate they offering ?

    Always always always always (did I say always) use a third party escrow company and have them handle everything

    If it is a scam it will get flushed out as your payments for fees won’t get anywhere until they fund the transaction to escrow


     
    We agreed to a 30 year fixed rate loan of 65k with an interest rate of 7.25, and I’m using a title company and everything has been going through them, and they have been following the usual protocol, but the only thing that is a little strange is they are very difficult to get on the phone


     Loan that size they are probably not putting a lot of effort into it etc. If it gets past closing date then I would be concerned. 

    7e investments53 Reviews
    WebsiteView Page
    0Reply
  • Carressa WalkerPro Member
    Real Estate Agent · NJ · Member since 2023 · 47 posts · 15 votes
    2y

    @Logan

    @Logan Morris my client paid for appraisal they never completed it and they have not answered the phone or issued a refund.  They completely disappeared after the money was sent.

    [email protected]732-589-5076
    3Reply
  • Account Closed
    Member since 2023 · 37 posts · 14 votes
    2y

    @Logan Morris BE VERY CAREFUL, there are a group of criminals wreaking havoc on lending right now. If they ask you for ANY upfront fees, RUN! I am dealing with an over $80K loss with  MCMANN COMMERCIAL LENDING who have changed their name to MCMANN CAPITAL - WALT TROCK AND MICHAEL LANZA  and GENIE INVESTMENTS - DAVID HUGHES AND MIKE CONNER. 

    Read the attached post, this story is identical to mine and about 60 others scammed by David Hughes, Walt Trock and Michael Lanza

    https://www.victimsbelocscam.com/forum/victims-discussion/mc...

    3Reply
  • Queen Armstead
    Member since 2023 · 5 posts · 1 vote
    2y
    Quote from @Ivan Adu-Poku:
    Quote from @Chris Seveney:

    @Ivan Adu-Poku

    What rate they offering ?

    Always always always always (did I say always) use a third party escrow company and have them handle everything

    If it is a scam it will get flushed out as your payments for fees won’t get anywhere until they fund the transaction to escrow


     
    We agreed to a 30 year fixed rate loan of 65k with an interest rate of 7.25, and I’m using a title company and everything has been going through them, and they have been following the usual protocol, but the only thing that is a little strange is they are very difficult to get on the phone

    When are you set to close?
    0Reply
  • Stephanie Sandoval
    Member since 2023 · 1 post · 0 votes
    2y

    Well, I'm about to lose my EMD because of Uplands. They wanted appraisal costs and underwriting costs up front. I basically knew it was a scam but agreed to pay at least appraisal upfront. Appraiser never showed and haven't gotten a reply back since... that was Sat. I suggest you run from Nathaniel, if that's even his real name.

    0Reply
  • Nathaniel Tucker
    Member since 2023 · 1 post · 5 votes
    2y

    THIS IS A SCAM. I am Nathaniel Tucker, and this was just brought to my attention today that someone is using my name and pretending to work for Upland Private Equity. I am attorney at Singerman, Mills, Desberg & Kauntz in Beachwood, Ohio (Do a quick google search of firm name and you can find my bio on the company website). I registered this company in Ohio for a client, and I signed the registration as the "Authorized Representative". This is a common practice for corporate attorneys. Because these records are publicly available on the Ohio Secretary of State's website, they found the name and began impersonating the company and impersonating me to try to defraud people. DO NOT SEND THEM ANY MONEY. Instead, you should file a police report immediately.  

    5Reply
  • Account Closed
    Member since 2023 · 37 posts · 14 votes
    2y

    @Ivan Adu-Poku Don't give them a cent! This sounds like a scam! Take it from me. I am out of over $100K with Genie Investments and McMann Capital aka McMann Commercial Lending. 

    Please read the attached post. It is identical to mine. 

    https://www.victimsbelocscam.com/forum/victims-discussion/mc...

    0Reply
  • Account Closed
    Member since 2023 · 37 posts · 14 votes
    2y

    @Stephanie Sandoval I am shocked at how much this is happening now. I am out over $100K. The company I thought I was dealing with was a legitimate business of over 10 years. They asked me to wire money to the "capital provider" Genie Investments/Zoomeral, David Hughes and Mike Conner. These criminals never funded me. 

    Read the attached link. His story is identical to mine. 

    https://www.victimsbelocscam.com/forum/victims-discussion/mc...

    0Reply
  • Dan H.Pro Member
    Investor · Poway, CA · Member since 2015 · 7k+ posts · 8k+ votes
    2y
    Quote from @Account Closed:

    @Ivan Adu-Poku Don't give them a cent! This sounds like a scam! Take it from me. I am out of over $100K with Genie Investments and McMann Capital aka McMann Commercial Lending. 

    Please read the attached post. It is identical to mine. 

    https://www.victimsbelocscam.com/forum/victims-discussion/mc...

    I am sorry this happened to you.

    I do not understand how you could have lost over $100K,  Did you use an escrow company?  How can you be out over $100K?  I can see advancing appraisal and a few other expenses, but no where near $100K.   I could get multiple millions of dollars loans for less than $100K closing costs.  What did you believe you were paying for?

    Just trying to get an understanding of exactly how these thieves are doing this.

    Thanks

    0Reply
  • Queen Armstead
    Member since 2023 · 5 posts · 1 vote
    2y
    Quote from @Account Closed:

    @Stephanie Sandoval I am shocked at how much this is happening now. I am out over $100K. The company I thought I was dealing with was a legitimate business of over 10 years. They asked me to wire money to the "capital provider" Genie Investments/Zoomeral, David Hughes and Mike Conner. These criminals never funded me. 

    Read the attached link. His story is identical to mine. 

    https://www.victimsbelocscam.com/forum/victims-discussion/mc...


     Were you able to get any of your money back from your bank?

    0Reply
  • Queen Armstead
    Member since 2023 · 5 posts · 1 vote
    2y

    I am currently out of 2870 with them they never funded the deal… please report them to the FBI Using this link

    https://www.ic3.gov/Home/ComplaintChoice

    Also could we all try to work together to get our money back… maybe we can all sign a letter or petition to our banks with all of our signatures… please let me know if youll want to try to work together.. we are stronger in numbers

    1Reply
  • Shuvrajit Mukherjee
    New to Real Estate · Chicago · Member since 2023 · 46 posts · 22 votes
    2y
    Quote from @Queen Armstead:

    I am currently out of 2870 with them they never funded the deal… please report them to the FBI Using this link

    https://www.ic3.gov/Home/ComplaintChoice

    Also could we all try to work together to get our money back… maybe we can all sign a letter or petition to our banks with all of our signatures… please let me know if youll want to try to work together.. we are stronger in numbers

     I am in. But I see very bleak chances recovering.
    Nevertheless reporting to FBI

    0Reply
  • Queen Armstead
    Member since 2023 · 5 posts · 1 vote
    2y
    Quote from @Shuvrajit Mukherjee:
    Quote from @Queen Armstead:

    I am currently out of 2870 with them they never funded the deal… please report them to the FBI Using this link

    https://www.ic3.gov/Home/ComplaintChoice

    Also could we all try to work together to get our money back… maybe we can all sign a letter or petition to our banks with all of our signatures… please let me know if youll want to try to work together.. we are stronger in numbers

     I am in. But I see very bleak chances recovering.
    Nevertheless reporting to FBI


     Please direct message me…this goes for everybody else as well if you are interested in trying to work together to get our money back

    0Reply
  • Ivan Adu-PokuPro Member
    Member since 2023 · 7 posts · 1 vote
    2y
    Quote from @Queen Armstead:
    Quote from @Ivan Adu-Poku:
    Quote from @Chris Seveney:

    @Ivan Adu-Poku

    What rate they offering ?

    Always always always always (did I say always) use a third party escrow company and have them handle everything

    If it is a scam it will get flushed out as your payments for fees won’t get anywhere until they fund the transaction to escrow


     
    We agreed to a 30 year fixed rate loan of 65k with an interest rate of 7.25, and I’m using a title company and everything has been going through them, and they have been following the usual protocol, but the only thing that is a little strange is they are very difficult to get on the phone

    When are you set to close?

     November 5th

    0Reply
  • Queen Armstead
    Member since 2023 · 5 posts · 1 vote
    2y
    Quote from @Ivan Adu-Poku:
    Quote from @Queen Armstead:
    Quote from @Ivan Adu-Poku:
    Quote from @Chris Seveney:

    @Ivan Adu-Poku

    What rate they offering ?

    Always always always always (did I say always) use a third party escrow company and have them handle everything

    If it is a scam it will get flushed out as your payments for fees won’t get anywhere until they fund the transaction to escrow


     
    We agreed to a 30 year fixed rate loan of 65k with an interest rate of 7.25, and I’m using a title company and everything has been going through them, and they have been following the usual protocol, but the only thing that is a little strange is they are very difficult to get on the phone

    When are you set to close?

     November 5th


     I suggest getting an extension and finding another buyer… they sent loan docs and everything and never sent the funds to title…

    0Reply
  • Account Closed
    Member since 2023 · 37 posts · 14 votes
    2y

    @Dan H.

    Please read the attached link. This is identical to what happened to me.

    https://www.victimsbelocscam.com/forum/victims-discussion/mc...

    0Reply
  • Dan H.Pro Member
    Investor · Poway, CA · Member since 2015 · 7k+ posts · 8k+ votes
    2y
    Quote from @Account Closed:

    @Dan H.

    Please read the attached link. This is identical to what happened to me.

    https://www.victimsbelocscam.com/forum/victims-discussion/mc...

    I read the link.  If it indicated an escrow was used I missed it.   I also read nothing that should have resulted in anywhere near $100k of losses.   

    the other posts in this thread seem to have lost far less than $100k.  I can easily envision this as there are cost that are traditionally buyer responsibility such as appraisals.  If the buyer is convinced for the need to pay these charges prior to closing, they can easily be scammed out of these costs.  

    I therefore wanted to understand better how you lost over $100k in part for curiosity but also to educate myself and others.  

    I understand it hurts and I am sorry but I think your experience could educate others so they do not get scammed in the same way.  

    best wishes
    1Reply
  • John Wiiliams Sr
    Member since 2023 · 1 post · 1 vote
    2y
    Quote from @Logan Morris:

    I've been approached by a lender from UpLands Private Lending, and their rates seem great. Does anyone have any experience working with them?


     Don't do it Nathaniel scamed me!! He sends a Pre Approval Letter laying out the fees and along with asking for Appraisal/inspection cost. He then sends out an Assigned Paymaster letter and an Invoice for Zelle instructions for higher fees. I sent $650 for the Appraisal/inspection and told him that the Underwriting/Disclosure Cost would be paid at closing. He did not do anything and has stop emailing me back. DO NOT DO BUSINESS WITH THIS COMPANY OR NATHANIEL TUCKER!!!!

    1Reply
  • Account Closed
    Member since 2023 · 37 posts · 14 votes
    2y

    @John Wiiliams Sr

    Thank you for that update about Uplands Private Lending. Just a reminder, if you come across McMann Capital - Walter Trock, Michael Lanza or Genie Investments NV-David Hughes. STAY FAR AWAY. THEY ARE CRIMINALS! 

    0Reply
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