I am a home owner who hired Calvert Group to manage my property. They Owe me rent income from November 2013- present. I sent many emails to Lora Campbell and finally recieved a response stating the checks have been mailed. I never recieved the checks and asked them to verify the information. Agian, no reply. It has been 4 months before they finally sent me an email stating the following:
Dear Valued Client,
We regret to inform you that due to circumstances beyond our control Calvert Group Inc was forced to close its doors effective February 15, 2013. The following is an explanation of what occurred and not an excuse for its occurrence.
In early 2012 a client that consisted of two thirds of CGI's total gross revenues was foreclosed on and refused to pay monies owed to CGI in excess of $80,000. This problem was compounded by the fact that CGI was stuck with bills for this client as well. The owners of CGI took it upon themselves to try to find a solution to the financial setbacks this caused the company. And while a solution did come later that year, little did they know that by then the damage was irreversible.
Upon first hearing of nonpayment of this large account, the officers of CGI took all necessary steps to ensure the continued operation of the company. CGI cut operating expenses as dramatically as possible. CGI increased marketing to gain new clients in the hopes of filling the gap that was created by our new outstanding debt and our new lowered income. Throughout this time we continued to try to collect on the balance owed.
Due to the financial strains this was causing the company, CGI began slowly losing clientele. In December 2012, CGI was afforded an opportunity to take on a project in McCall, Idaho. Sadly, by February 2013 it was apparent that the owners of the McCall property also had no intention of paying their invoices. It was at this point that CGI had no choice but to stop management operations and begin the process of paying what debt CGI could.
In an effort to maintain professionalism and continuity during this time of turmoil, CGI has sold its client list and management agreements to Rentology LLC. While Rentology LLC did not purchase any of CGI's debt we believed the familiar face of the new owner Lora Campbell, Owner of Rentology LLC, as well as its new philosophy would be most suited to the former clients of CGI. You can contact Lora at xxx-xxx-xxxx. Any questions regarding monies owed to you should be directed towards our attorney Andrew Woolf at xxx-xxx-xxxx.
We are sorry for the inconvenience and hope to resolve this matter for all of our sakes as quickly as possible.
1. I call the number provided for their attorny and it was the wrong number.
2. They lied to me telling me the check was "mailed"
3. They stated it was "out of their control". WRONG...They took my money that did not belong to them. Per the contract I recieve my rent income, and pay them their 9%.
This is a SCAM
Monetary Loss: $3094.