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Business Profile

Investment Management

American Regional Capital

This business is NOT BBB Accredited.

Find BBB Accredited Businesses in Investment Management.

Complaints

Customer Complaints Summary

  • 2 total complaints in the last 3 years.
  • 0 complaints closed in the last 12 months.

If you've experienced an issue

Submit a Complaint

The complaint text that is displayed might not represent all complaints filed with BBB. Some consumers may elect to not publish the details of their complaints, some complaints may not meet BBB's standards for publication, or BBB may display a portion of complaints when a high volume is received for a particular business.

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Complaint status

Complaint type

  • Initial Complaint

    Date:07/11/2022

    Type:Order Issues
    Status:
    UnansweredMore info

    Complaint statuses

    Resolved:
    The complainant verified the issue was resolved to their satisfaction.
    Unresolved:
    The business responded to the dispute but failed to make a good faith effort to resolve it.
    Answered:
    The business addressed the issues within the complaint, but the consumer either a) did not accept the response, OR b) did not notify BBB as to their satisfaction.
    Unanswered:
    The business failed to respond to the dispute.
    Unpursuable:
    BBB is unable to locate the business.
    Closing for the 4th time March 4th ************************************************** the amount of $10,000 ************** has promised payment for interest in estate for over 2 years, but has only produced excuses for not completing the transaction Each time he has been pressed about the matter he has made 1 excuse after another for why he has been delayed.; paperwork, insurance underwriter, covid 19, false paperwork, incomplete contracts etc (over 2 years before even producing a closing date)When I talked to ************** at length (over a year ago); in the conversation he assured me of how forthright, and honest he is. He has misled, dodged, and even outright lied to myself and my family for over 3 years. He has changed names of the company during his venture with us, but is actually in breach of the contract he was to complete with myself and other family members. ********************** *************************************** and ************************* <*************************************** are the two principals we have been in some communication with. They fluctuate between ***** family investment, and american regional capital; basically which ever suits their purpose it seems.
  • Initial Complaint

    Date:07/07/2022

    Type:Order Issues
    Status:
    UnansweredMore info

    Complaint statuses

    Resolved:
    The complainant verified the issue was resolved to their satisfaction.
    Unresolved:
    The business responded to the dispute but failed to make a good faith effort to resolve it.
    Answered:
    The business addressed the issues within the complaint, but the consumer either a) did not accept the response, OR b) did not notify BBB as to their satisfaction.
    Unanswered:
    The business failed to respond to the dispute.
    Unpursuable:
    BBB is unable to locate the business.
    On March 4th, my siblings and I signed closing documents for a property that we agreed to sell to CEO *********************** of American Regional Capital. The contract was sent to us around October of 2020 and we agreed that upon signing the closing documents, we would recive a total of $10,000 to each 6 of us. After a long grueling process and broken promises, we eventually closed on March 4th. We received $500 as part of the contract wiich we've received in November 2020, but we were supposed to receive the remaining $9,500 each by June 28th, 2022. We haven't received anytrhing from ************** up until now (July 6th, 2022}. We've sent emails and called to leave messages and he just ignores us. We had to initiate contact with him constantly and its obvious that he has no intentions of paying us what we agreed upon.and we haven't received nothing up until now (July..

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