Other companies highlighted in the report include Elev8 Advisors of Phoenix, Womply of Wilmington, Del., Kabbage Inc.
BLUE ACORN SUPPORT CODE
The number listed online for Blueacorn uses an Illinois area code and was a personal line, according to the person answering. Neither could be reached Thursday after the report was released. Much of the report is dedicated to Phoenix-based Blueacorn PPP, which was co-founded in 2020 by former Channel 15 (KNXV-TV) newscaster Stephanie Hockridge Reis and her husband, Nate Reis. It also is making several recommendations to the Small Business Administration to tighten up emergency lending to prevent rampant fraud. The committee is recommending the Department of Justice use the findings from its 129-page report to investigate and prosecute the companies involved. But the report asserts fintech companies that processed applications perpetuated the fraud and sought to blame the Small Business Administration while earning hundreds of millions in fees for themselves. That tens of billions of aid dollars meant to help businesses retain workers during the pandemic were issued to ineligible companies is not new - the committee previous l y identified about $84 billion in potentially fraudulent loans. James Clyburn, D-S.C., released the incriminating report Thursday that alleges the companies intentionally approved high-dollar loans ahead of those meant to assist small mom-and-pop businesses and directed workers to ignore signs when applications were blatantly fraudulent. The Select Subcommittee on the Coronavirus Crisis, chaired by Rep. If you choose to do business with this business, please let the business know that you contacted BBB for a BBB Business Profile.Īs a matter of policy, BBB does not endorse any product, service or business.A congressional panel is recommending several tech and lending companies be investigated for fraud for the way they processed billions of dollars in Paycheck Protection Program loans, including a Phoenix-based startup co-founded by a former television newscaster.
BBB Business Profiles are subject to change at any time. When considering complaint information, please take into account the company's size and volume of transactions, and understand that the nature of complaints and a firm's responses to them are often more important than the number of complaints.īBB Business Profiles generally cover a three-year reporting period. However, BBB does not verify the accuracy of information provided by third parties, and does not guarantee the accuracy of any information in Business Profiles. BBB asks third parties who publish complaints, reviews and/or responses on this website to affirm that the information provided is accurate. DON'T DO IT!!īBB Business Profiles may not be reproduced for sales or promotional purposes.īBB Business Profiles are provided solely to assist you in exercising your own best judgment. I pray this helps anyone who wants to do business with Blue Acorn or *******************. As of this date no has returned my calls or acknowledged my emails.I am forced to file my complaint with other agencies. I asked the representative to please acknowledge receipt of the two loans. I was outraged! my only loan outside of theirs was forgiven over a YEAR ago! I forwarded the two loans to ******************* so they would correct the error. After several more months I received an email informing me my loan would be due soon if I couldn't explain why I had two loans within an 8 week period. This information was with the *** all they had to do was look it up. They filed the loan as a 1st draw instead of a second which they weren't supposed to do. Not only did they not know I had received forgiveness on another loan a year previous to their loan. The new Lender Prestamos was even worse than BlueAcorn if that is possible. Had I known this I never would have given them my personal information.
They never informed me they were NOT a lender. I asked Blue Acorn why was I with another Lender. After several months passed I received an email informing me that I must contact a Lender I had no knowledge of. After several months I contacted Blue Acorn to coordinate my Forgiveness.I contacted them numerous times for several months via email and phone. Blue Acorn contacted me countless times to apply for a "100% Forgivable Loan opportunity.
0 kommentar(er)
