Point Center Investigation
The facts and nothing but the facts – Investors determined to learn the truth
Loan Snapshots - Facts about the individual loans
PCI Blog
Dan Harkey’s Promises to Investors
Point Center Financial and Dan Harkey made promises to their investors that were not kept. This video was taken directly from their seminar, which was marketed to potential investors.
Frank H. says these were Deals No One Would Do….
Let me make a caveat here – I haven’t done an investigation of Point Center specifically, so I’m speaking generally here about how some funds went “bad”. I’m a hard money lender myself – well a poorly capitalized one these days – on the east coast – and although I’ve spent a lot of the last few years in bankruptcy, and other, courts, I’m not a lawyer. My... [Read more...]
Michael asked for an actual plan from his manager: Click Here
In a January 18, 2010 letter Dan Harkey talks about stopping Lloyd Charton’s harassing communications. Dan Harkey states: “At that point we can return to the job of delivering the maximum capital possible back to you.” So, Dan Harkey is now taking a hiatus from “delivering the maximum capital possible back to you.”? What Dan is saying is that he is unable to effectively do his job right... [Read more...]
Judy spoke with the Dep. of Corporations, and more: Click Here
Some time ago I sent a formal complaint about my failed Point Center Financial IRA investments to the Department of Corporations. Last week, I received a call from the D.O.C. acknowledging receipt of my complaint. The D.O.C. representative said they were not at liberty to discuss either details or status with me, because the Point Center Financial case is still an open and ongoing investigation,... [Read more...]
Bob advises you to demand cash flow statements: Click Here
With the close of 2009, all investors in NFL should receive by April 30, 2010 a complete set of 2009 financial statements (income statement, balance sheet, AND statement of cash flows), assuming NFL/PCH are abiding by the law. Distribution of the complete financial statements is required by California Corporations Code section 17106(c)(1). NFL investors – mark April 30 on your calendar, and if... [Read more...]