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ASB Capital Group and Allen Brodetsky Stand Up and Address a Readers Concerns

I received the following email from Brad who wanted to share his story with you about his experience with ASB Capital Group in Tarzana, California. If you have a tip you’d like to share, email it to click here.

In researching the company briefly online I found the following video which includes Allen Brodetsky in it.

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ASB Capital Group gives an interview for Telemundo reporter Roberto Lacayo on questions consumers should ask to avoid loan modification scams. Here, Allen Brodetsky tells Mr. Lacayo that consumers should always inquire with a broker as to whether or not they have received permission from the Department of Real Estate to do Loan Modifcations for an advance fee. This interview is part of a greater effort that Mr. Brodetsky has made to make consumers more aware of scams popping up during this time of economic hardship. – Source

Message from Brad:

ASB Capital group, led by Allen Brodetsky, heard advertisement on am 830. Said they could get your loan re-modified or you get your money back. Called them and worked with them over 6 months..to end in failure. They did almost nothing.

We had to repeatedly call them for info, and they kept assigning our case to new people, cause the other employees no longer worked there. And we had to start all over again with each new case worker.

We had to call our mortgage company for updates. We had to resubmit all paper work several times. we were told to fax them ourselves to the mortgage company. This ASB capital group was worthless…and now they refuse to refund our money. They said we have nothing in writing stating we will get a refund. Allen has issued refunds personally that he signed off on. If we could locate written proof..then he would refund the money. It is a big scam.

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We did more work then they did. We are now redoing the loan modification ourselves, and feel very ripped off by ASB Capital group. I do not know how to obtain a copy of the spot they aired on am 830. Their first contact on our case, Miriam, even verbally told us over the phone that the would refund us if we didn’t get the modification. She kept promising to fax me it in writing then all of a sudden she no longer worked for the company…

18344 Oxnard Street #210
Tarzana, CA 91367
Tel: (818) 312-0831
Fax: (818) 881-8835

Contact: Allen Brodetsky – Owner
Business Start Date: 4/7/2008
Company ID: 100066150

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