All reviews of Casey Rogers
Review about: ZOOMERAL, INC.
Loans
Beginning in 2020, and possibly before, two companies, McMann Commercial Lending (owner: Walter Trock) and Genie Investments, owned by David Hughes of Illinois, ... have been working a very sophisticated Ponzi scheme across state lines. Dozens of victims have had millions of dollars stolen from them in this sophisticated criminal enterprise. Both companies offer a program they call a BELOC-Business Expansion Line of Credit-that they promote daily on their website for business owners to access low interest lines of credit that are not personally guaranteed.
Through a variety of channels David Hughes and Walter Trock con you into believing that they have “bond market channels” in which they raise capital to lend out at cheaper rates than others. When clients ask for previous deals they have funded, they hide behind the fact that they are bound by non-disclosure agreements with previous clients as financials of course are private and thus they cannot share the companies or the amounts they have successfully funded.
Mcmann represents that their sister company is Genie Investments Nv, which is co-owned by David Hughes and Mike Conner who is an Attorney.
McMann and Genie both work with a variety of brokers throughout the states to get clients to put money into an “ICA” (interest carry account) to “lock in the loan.” They offer their clients a 80+ page contract which many lawyers and bankers have signed off on. That is how sophisticated this criminal ring is. They have eluded attorneys, and many savvy business people for years stealing millions of dollars as they hide behind their contracts.
Mcmann and Genie ask everyone to use the Zoomeral loan portal to download their documents. The Zoomeral Company (zoomeral.com) is also Owned by David Hughes of Genie Investments. David Hughes represents that his “wholesale lender” which is supposedly based in the UK, has failed to perform thus he takes no personal responsibility for the financial ruin he has caused dozens and dozens of people. However, even though he has contracts he has breached from 2020, throughout 2021, 2022, 2023, he continues to represent to clients that he can “fund their lines of credit,” while never making good on previous contracts but simply walking away as he continued to take millions of dollars knowing he would not fund their companies. The con men also work with brokers including Jessica Seithel in Scottsdale, AZ. BEWARE.
The Mcmann loan officer is Michael Lanza has been trained to represent to clients that Mcmann has ways to fund these BELOC loans and also they throw out their that they can do other bridge loans “on the strength of their BELOC program”
Members are told the BELOC loan will be funded in 75 days for the first tranche which pays back the ICA and then some. The second tranche is to be funded 75 days after that and can be for the whole loan amount (often times millions and millions of dollars). Victims of this Ponzi scheme that is perpetrated by David Hughes and Walter Trock have lost millions of dollars. The victims have banned together and have hundreds of emails, texts, recorded phone calls and voice messages from David Hughes and Walter Trock with proof of aforementioned crimes.
If you have been ripped off by David Hughes or Walter Trock, report it to the Illinois FBI and the SEC.