Karen Hanover Commercial Short Sale Course Scam – YOU GOT SUCKERED
By Duncan Wierman on Jun 10, 2010 in Duncan's Opinion, In the News
I hate to say it, but I told you so. This below email just came in from one of my students who did some further investigations:
His Complete Email to Me..
Hi Duncan,
I saw on your blog that you were not supporting Karen Hanover’s launch and the overall lack of due diligence. Ha. A couple of months ago I did some due diligence on her after hearing her speak at a conference here in San Diego in January. Your intuition was dead-on.
The “associations” Karen Hanover touts as being a member of CCREA NAIA (and the self storage one SSEI?) are all her own creation. In February she had the balls to create a press release to tout how the CCREA had awarded her real estate course its #1 ranking! I love tenacity and perseverance, but fraud is disgusting and seeing how there are so many dubious characters in this business, it just bugs me.
Anyway I sent an email to Sperry Van Ness’s Human Resources department and got back the enclosed email. According to SVN she has never worked there and their attorneys are looking into it. ))) I have not called Marcus & Millichap.
Your points on the blog are so well taken. Everybody signs up and does the birddog routine but the gurus can’t or don’t want to do all the deals and thus cherry-pick the list. Rick Wheat who with Jeff Kaller are doing their scandalous bird dog system told me back in 2005 when he was Ron Legrand’s acquisition head that in that year they looked at over 1100 deals submission and actually closed on 14. So you would have to submit 80 deals of average quality before expecting to do one. I don’t think the normal man on the street has put this math together, but you did in your blog and I thank you for getting the word out to the masses.
EXPOSED
Next time you get emails about a new course from a Real Estate Guru, do some digging first. Don’t believe everything you hear. YOU BEEN HAD! I hope you can get your money back. Good Luck
Update 13 June 2010:
Seems I upset the apple cart! IF I have stated any incorrect information I will publicly state I was wrong on my blog and apologize here. At this time, I have not received any evidence to the contrary. I am now being threatened by a lawsuit because I provide a medium for people to feedback about the course. The site remains open for rebuttal and other points of view.
I received the following text messages from Karen Hanover asking me to remove the post. What an un-American thing to do! What happened to freedom of speech?
HERE COME THE THREATS………
Notice now Karen Hanover is trying to turn this around ? She is implying that she is going to file a complaint against me for ”Annoying Text Messages” to her, when in fact I was only responding to her UNAUTHORIZED TEXT to me . I never gave her my number. She quotes CA Penal Code which I should now to use to file a complaint against her!
How childish is this woman? Is this who you want to do business with ? I might also throw in for good measure….
She stated to everyone in her LAUNCH WEBINAR, and again to everyone who bought her course that she would partner with you and FUND YOUR DEALS. Then when it came time to ask for funding (by one of my students), she said NO, you have to QUALIFY ! That is NOT partnering ! That is called a LOAN. One more LIE from her …….
Did a background check from public sources of information – Not one commercial deal shows up, BUT 7 foreclosures, and a bunch of tax liens against her…
DOWNLOAD Pages from Karen Hannover Public Knowledge Background Check
To think that she sold 2.2 Million dollars of coaching at her event, and she doesn’t have one of her own success stories.. ??? WT ?
Check out my other post about how she put the scam together, AND now she is bragging about going on vacation directly after her bootcamp, leaving her new students to fend for them selves….
Read about the Karen Hanover Commercial Goldrush Coaching Scam Reviewed
UPDATE 8 AUGUST 2010
In case you are interested to know.
To be a CCIM candidate, it doesn’t take anything but a smallish check (about $500, for the intro 100 course) to start the CCIM program and become a “candidate”. To get the CCIM pin is a different animal entirely. You have to pass the five week long courses, pass the comprehensive five hour exam (given twice a year), document your deal history – $10M generally, and produce a portfolio documenting your deals with canceled checks to verify payment (it’s THAT sticky). I have colleagues who have notarized letters from previous employers documenting their experience, inspection deal volume and income with pay stubs/copies of checks. They had to dredge up dozens of canceled check images from their business. They stated becoming a CCIM was very intense.
Why would people trust 30K in coaching to someone who does not have real qualifications or even pass the industry standard test is beyond me.
Here is a link to Karen Bogus Press Release about her qualification, and also a slide in her powerpoint how she is representing herself fraudulently.
Karen Hannover Bogus Award Announcement on PRWeb
http://www.prweb.com/releases/2010/02/prweb3614034.htm
What a joke! – Click on the image to see it LARGE
FALSE CLAIMS ABOUT LICENSED AGENT WITH BOTH COMPANIES
UPDATED 10-11-10 – click on image to see full size
Karen Hanover Exposed - Official
PLEASE BE SURE TO LEAVE YOUR COMMENTS BELOW:
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February 15th, 2011 at 2:38 pm
Sent to FBI also……………
February 15th, 2011 at 5:07 pm
As we all know there is a Federal Fraud Investigation on Karen Hanover regarding her Realestate Investment Scheme ( FASTRACK ) I was in court during her bond hearing and heard it straight from Judges mouth. I know there are angry victims that are also focused on others that worked along side of her and want them braught to justice as well. But please let’s not take the main focus off of Karen Hanover. She was the ring leader in this scam.
I do have to say that I understand that the victims want all brought to Justice even of her right hand man. Duncan, do you recall the very first time I posted on this blog reaching out? I sent you and email that Karen Hanover sent to me within minutes of my posting.
The email came from Jill phone calling me a ground mole and alerted Karen Hanover. Please know that there are some very questionable activities that Jill partook in as well. Not to mention calls directly from her to victims like Rosalind Wina, who was telephoned by Jill directly 3 times after the bootcamp she attended and informed her with a sense of urgency to wire the money, and there are a few others that will come forward that have received these same phone calls from her directly. I don’t want to take the focus off of Karen but in all fairness!!!!! She did not work alone! Now. can we all let the FBI gather their evidence and bring Justice to all of the victims involved! Any of Karen Hanovers co conspirators will be brought before Justice if there is enough evidence we “as victims” can produce! And I know we can! Let’s move forward Okay!!
February 16th, 2011 at 3:03 pm
Well, as I predicted…Victims are coming out of the woodwork! My phone is ringing off the hook. I am sure the FBI is receiving an anormious amount of calls now. There is no doubt the FBI is establishing a very strong case to put KAREN HANOVER is prison for a very long time for the millions of dollars she swindled from investors from all over the states.
February 16th, 2011 at 3:06 pm
OOps! I mis spelled some words above, but you all get the message! xo
February 16th, 2011 at 6:27 pm
ALERT!! If anyone has also been solicitated for simular real estate investments from a Realtor in California by the name of Roark Merrill please contact me asap. This is a friend and neighbor of KAREN HANOVERS. As you should all be aware of: KAREN HANOVER is NOT allowed to be solicitating any kind of real estate investments while under investigation ( and that would imply her going through others ). Anyone not aware of other fraudulant activities Karen Hanover has been up to click the link below and also go to Duncan Wiermans WordPress blog.
http://www.ripoffreport.com/…/dr-andrea-buck-karen-hanover-fc2e...
February 17th, 2011 at 10:32 pm
KAREN HANOVER THIS MESSAGE IS TO YOU! I HAVE ALREADY INFORMED THE FBI THAT I BELEIVE YOU HAVE GOTTEN INTO MY EMAIL ACCOUNT. YOU ARE ONLT BRINGING ON MORE CHARGES FOR YOURSELF. THE FBI IS LOOKING INTO IT JUST LIKE THEY DID WHEN YOU SPOOFED ME. SO, YOU BETTER HOPE YOU ARE NOT OR HAVE NOT BEEN IN MY ACCOUNT AND THAT STRANGE THINGS LIKE DELETED MAIL HAS NOTHING TO DO WITH YOU!
February 18th, 2011 at 1:12 pm
Kudos to all those whose efforts helped uncover this fraud and will (hopefully) bring this scumbag to justice, especially Duncan and Rebecca who worked tirelessly!! Rebecca, please keep us posted with the court updates if you can make it.
February 18th, 2011 at 1:18 pm
Rebecca,
(If you’re comfortable telling us), how many victims have contacted you? Thanks!
February 18th, 2011 at 9:16 pm
I had a list of 51 victims that I have talked to but when we went to court only 17 of them filed a complaint with the FBI. Since then all 51 and even others that have not been on the list have come forward. It is important for all the victims to contact the hotline number the FBI made available to you. Please do not call Mr. Bonin directly, there is a reason why they put up a victims hotline to call in to. The hot line number once again is 1-310-477-6565 Case# Karen Hanover 318E-LA-256665
February 19th, 2011 at 12:21 am
I HAVE TO SHARE THIS!!!! I am going to cut and paste an email that is a comunication back and forth between me and another fastracker. And please keep in mine an attachment that was sent with a sworn affidavit from the FBI. Right below…..lol!! What do you think we’re stupid or something Jill???
I know you do!!! How could you not!!! xo
Most people are missing it, but as you can see, Karen Hanover trusted Jill Duggans enough to toy and play games and inform her tight business partner of her FBI Impersonations. ( Not to mention, Karen was informed with a documented time of my first posting on Duncans blog reaching out! ) that went from Jill Duggans Blakberry right to Karens, with a message to my email where Karen say’s to me ” I have been made aware of this Rebecca!! and displayed is Jill to Karen to me…Even calling me a ground mole, Basically ALERT!!) I just sent Karen a message of her ex business partners deceit against her!! LOL…Anyway’s, I knew you would appreciate this. It is great huh! This time the pleasure is all mine! ( I mean Ours! ) Have a great night! p.s. I sent this to approx. 100 recipients from Dallas.
—–Original Message—–
From: Shari Kissee
To: ‘Contactbecky’
Sent: Fri, Feb 18, 2011 7:32 pm
Subject: RE: Sworn affidavit from FBI agent Reg: KAREN HANOVER/ PLEASE READ THIS! IMPORTANT!
I love it!!! Thanks for sharing!
From: Contactbecky [mailto:contactbecky@aol.com]
Sent: Friday, February 18, 2011 3:23 PM
To: skissee1@comcast.net
Subject: Fwd: Sworn affidavit from FBI agent Reg: KAREN HANOVER/ PLEASE READ THIS! IMPORTANT!
—–Original Message—–
From: Contactbecky
Sent: Fri, Feb 18, 2011 2:20 pm
Subject: Sworn affidavit from FBI agent Reg: KAREN HANOVER/ PLEASE READ THIS! IMPORTANT!
Under attachments is a sworn affidavit from the Federal Agent working this investigation on Karen Hanover. If you read through the affidavit you will see that Jill Duggins ( KARENS CLOSEST EMPLOYEE ) Turns on Karen and turns state evidence against her, saying that she stopped working for Karen Hanover after realizing that Karen Hanover was never intending to get her fastrackers into any multi family investment property’s but, instead Karen Hanover was still trying to pull in more investors into the 30k dollar fastrack program. Karen will be before a Judge facing criminal charges for impersonating a Federal Agent to scare fellow investors and keep them quite. As you can see in this affidavit that there is no way Karen will be able to avoid these charges and a prison sentence that will follow. The FBI conducting further investigations for fraud and the likeliness of these other charges will be set before Karen while she is in custody and serving a sentence on these current charges. I will be attending the coming court hearing this month and would like to submit to the courts, the prosecutor and the FBI letters from all her victims. If you would like me to hand deliver anything on your behalf please email them to me with what ever you want me to hand in. Any questions please feel free to call me at 714-523-1546 Rebecca Smith
February 19th, 2011 at 12:26 am
I MEAN WELL OVER 100 RECIPIENTS…MORE LIKE 200. XO XO
February 19th, 2011 at 12:41 am
I just sent the blog post and link to all my recipients. The day is done! time to enjoy a good book, nice fire and glass of wine and turn in for the night! xo
No worries Victims!! Justice will provail!!! No one will go un noticed! Good Night! xo
February 19th, 2011 at 9:31 am
You cannot send any evidence to the judge directly. It will not be even looked at. Send it to the FBI!!
If you a victim of Karen Hanover – DO SOMETHING!!! Stop whining and pick up the phone and call the FBI hot-line.. If you don’t you have no one to blame but yourself.
There is now a hotline set up for her and all her victims at 310-477-6565. Case # Karen Hanover318E-LA-256665 Special Agent – Paul Bonin.
My last message to those that have used my blog as a place to write your personal feelings about Karen because she was one of your past love interest…. Get a life .. I am sick of the trash talk. This was about business. I don’t care about her sexual preferences.
Also to the guy who cant write a sentence without vulgarity .. Do you really need to talk that way?.. I am sure you mother would be shocked. You have insulted the FBI agent, your credibility is shot with the FBI, and you probably at this point have ruined a big part of the case because of your interference.
If you want to stay updated on the Karen Hanover case – Read http://www.duncanwierman.wordpress.com
No further comments allowed on my blog relating to this issue. Comments Now are CLOSED!
Some of you need to grow up!
Duncan Wierman
If you guys cant keep it business / professional.. then start your own blog.
April 22nd, 2011 at 10:34 pm
Update on latest Karen Hanover news
Feds say ‘spoofing’ covered up real estate scam:
http://www.ocregister.com/articles/-297472–.html
Karen Hanover pleads not guilty. Attorney makes no comment. Trial in August -
Karen Hanover in the mean time fakes blog post from her accuser (Debbie Ciampi) Karen on her blog create post in which see has Debbie saying Please forgive her as she was wrong , and she thinks Karen is brilliant… and of course I just wrote all I did because I was jealous..
Karen is one crazy sicko. I almost feel sorry for her ..
Karen is also still fighting her eviction. (She has not paid rent in 2 years ) Unbelievable she can tie up the court so long with objects why she deserves to stay in a million dollar home…