1st City Bancorp Mortgage

Fraud Company

Fraud company run by Joe Atab. While processing my loan with him, he keep saying my loan may not happen as I recently came back from India.

However he can get it done, none of the big company like JPM, Wellsfargo can do, which is kind of correct.

However he force me to invest in Secure Note for an amount 20k.

I was not much interested, however he made the situation like that I will process your loan with lot of care if you invest in secure note.

I end up putting money in that in condition that I want it back as soon as any my home offer get accepted.

He agreed to do that. On 5th Mar 2018, one of my home offer got accepted.

I followed up on getting the amount, he stop responding.

He also stop responding for loan for which he gave me pre-approval.

Toward the end he is threatening that, now you don’t talk to me talk to my Lawyer.

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1 review on 1st City Bancorp Mortgage

  1. This company is totally fraud.

    This company is totally fraud. Owner of this company Yousef Atabakhsh a.k.a Joe Atab, took money from many people, promising them to return with higher interest after 3 months. After 3 months he is defaulting and making stories and execuses.

    1. He collected around 130K USD from as many as 7 people, (could be more also), promising them to return them with higher interest after 3 months.
    Now at end of 3 months, he is defaulting and saying he donot have money to return.

South Bascom Avenue 1190
San Jose 95128 CA US
Get directions
Reviews:1
Reported Loss :3556 $
Severity of Scam :High
Reported by : Anonymous
Views :