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BlueStar Financials

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BlueStar Financials Reports & Reviews (1)

- Denver, CO, USA

Our company was looking for some working capital advances and we were connected via phone call with someone called Jordan Meeks (his phone number is 516-260-9491 and office number is 917-397-4586). Jordan supposedly works with Freedom Financial Group in New York and he acted like the middle man between our company and a working capital advance company. The original deal with Jordan was that we would get a working capital advance from another company, but if we paid it off within 5 days then it would "unlock" a business term loan with his connection at BlueStar Financials, Donnie Herzka. The idea was that this business term loan would be for $850,000 and it would be provided to us same-day as when we pay off the original W/C advance. By the way, I'm not sure if Donnie Herzka actually exists but Donnie told us that his father is Ralph Herzka with Meridan Group (which is a legitimate business/hedge fund) and that is how he has the funds and connections to fund our $850,000 proposal.

We received the original funds from the other W/C advance company for $30,000 and a total pay off of $44,970. We were able to pool funds after the 5th day to pay off the remaining balance.

When we reached out to Jordan and Donnie about their follow up on the business term loan (since we operated in good faith that they would fulfill the $850,000 loan after we pay off the other company's w/c advance), they told us that they needed more documentation and an origination fee of $8,500. Since we needed the funds for a large equipment order, we obliged and Blue Star Financials took the $8,500 origination fee from our account the very next day.

As of today, it's been 10 calendar days since we paid the "origination fee" and both Jordan and Donnie have been ghosting our calls and texts. When we are able to talk to them, they just say that they are "working on it" and the funds should be arriving soon. Unfortunately, it wasn't until this morning when I researched this company on the ScamPulse.com Scam Tracker and I saw a post from another company with a similar situation. We will be following up with our bank to see if we can recoup our funds.

It is also important to note that this group at BlueStar Financial has never provided us other contact information (like an email) besides Donnie Herzka's cell phone.

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