Claims Recovery Group LLC — Bait & Switch Scam
Claims Recovery Group LLC is a scam and bait & switch operation. Claims Recovery Group contacted my business offering to buy our customer invoices in a Chapter 11 bankruptcy case. Our owner decided to sell the invoices and signed the paperwork on the promise of receiving payment quickly. We signed and returned the paperwork, fully expecting payment within a week as promised. Instead, we were told they were "looking at our claim" and would get back to us shortly. They didn't countersign the documentation or send payment. Then, several weeks later, Claims Recovery Group told us they weren't interested in buying the bankruptcy claim. I later found out that the sale of the business in Chapter 11 didn't happen as expected. So they signed us up on the expectation of big profits and then when the bankruptcy case went wrong they dumped the invoices back to us. Total scam.