BBB Business Review
This Business is not BBB accredited
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See the Educational / General Comments portion of this report for information about this industry.
This business is not BBB accredited.
Businesses are under no obligation to seek BBB accreditation, and some businesses are not accredited because they have not sought BBB accreditation.
To be accredited by BBB, a business must apply for accreditation and BBB must determine that the business meets BBB accreditation standards, which include a commitment to make a good faith effort to resolve any consumer complaints. BBB Accredited Businesses must pay a fee for accreditation review/monitoring and for support of BBB services to the public.
Reason for Rating
BBB rating is based on 13 factors. Get the details about the factors considered.
Factors that lowered the rating for Ambassador Investment Group include:
- BBB concerns with the industry in which this business operates
Factors that raised the rating for Ambassador Investment Group include:
- Length of time business has been operating
- No complaints filed with BBB
Customer Complaints Summary
|Complaint Type||Total Closed Complaints|
|Problems with Product/Service||0|
|Total Closed Complaints||0|
Additional Complaint Information
This company first came to the attention of the Cleveland BBB in January of 2008. At that time an Iowa consumer applied for a $5000 loan on the company website. The consumer was instructed to pay a total of $1800 in fees as collateral and for alleged insurance prior to receiving the loan. After sending those funds via Western Union to a Canadian address, the consumer was advised to wire an additional sum of $450 to cover alleged brokerage fees. As of January 28, 2008, the company has failed to provide the requested loan monies or to provide a refund.
As recently as January 22nd, the company website referenced a Cleveland-area address at 5788 Ridge Road, Suite 9. On January 25th, a Cleveland BBB staff member visited the two-story building at that address. Retail establishments are on the first level and a total of only 8 offices on the second level. There is NO Suite 9 and no company known as Ambassador Investment Group at that address.
As of January 28th, the company website is no longer active.
Neither the Ohio Secretary of State nor the Ohio Division of Financial Institutions has any filings for this company.
Due to the uncertainty of the company's whereabouts, the complaints noted in this report have been closed as unpursuable. This does not mean they are out of business, only that they cannot be located.
(For more information about this industry, see the Educational / General Comments portion of this report.)
Customer Reviews Summary Read customer reviews
|Customer Experience||Total Customer Reviews|
|Total Customer Reviews||0|
Business ManagementMr. Ronald Taylor, Owner Mr. David O. Brian, Senior Operating Manager Mr. Barry Columb, Account Representative Mr. Christopher McLean, Website Registrant Mr. Chris Smith
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