National Commercial Funding

Against better judgment, I was introduced to Emil Ackerman from National Commercial Funding trading as PSG Capital. I am about to launch a website emilackermanthewisemanofhighfinance.com.

He issues approval letters like nothing until he has hooked his upfront fees from you. He then disappears into the sunset, leaving you stranded. I lost $100,000.00 in upfront fees to be left stranded on settlement day. Only when I changed my internet browser did all the content which has been removed from Google come up about this scam artist.

I suffered a loss of $500,000.00 on a deposit I placed for a property under contract due to the failed settlement. You cannot get hold of this guy. We have tracked and traced his movements in and out of the country to Malaysia, accompanied by his young Malaysian girlfriend. I have rounded up some of the reviews which are not available on Google and some of the court cases he has been involved in.

There are volumes.

Do your due diligence before you get taken for your massive due diligence fee. **Beware!** You will only face one outcome, and that's financial ruin.

I applied for a loan with Mr. Emil Ackerman, who is the Director of National Commercial Funding Pty Ltd, trading as PSG Capital.

Mr. Emil Ackerman confirmed that he has a large sum of private capital and had no issues with making the loan proceeds available. I paid $25,000.00 upfront in what was a 'Commitment Fee.' The transaction was a low loan-to-value ratio, and he advised that he had approved the loan up to 80% loan-to-value ratio. We received the approval letter and paid the Commitment Fee immediately.

A day or two after paying the Commitment Fee, he was impossible to get hold of. I took a drive to his purported offices. His office is his home, which is in a gated community. I waited around 4 hours to see if he would come out.

Eventually, he came out around 2 PM, and I followed him to Paradise Point, where he and his young girlfriend proceeded to start drinking. I approached him, and he fled. He did not have the guts to face me and give me any reasonable explanation as to what was going on. Early that evening, I received an email from him threatening me that he would disclose all my personal information if I persisted with my lines of inquiries.

As you can imagine, at this stage, I was totally bewildered and stressed. We had a settlement fast approaching and paid the fees as requested, and we were met with vengeance and threatening behavior. I have done a full investigation into Mr. Emil Ackerman and New Commercial Funding Pty Ltd, trading as PSG Capital.

They have absolutely no means of funding any loans. The Queensland Court records will confirm that he and his previous business partners were dragged in front of the Supreme Court of Queensland. They owed millions of dollars to a company called Corvest. Corvest is owned by a South African bank.

So also is a subsidiary by the name of PSG. The whole 'PSG' theme is a smokescreen to give credibility. I also found out, and I can say how. But as a result of the huge debt to Corvest, he gave certain undertakings to repay some of the money.

It so happens when the debt became due, he didn't have the money and had to borrow it from his elderly father. Do not deal with them; it's a total scam and to be avoided at all costs.

I live in New Zealand. I run a joint company with a partner in Australia.

We applied for a loan against the advice of our lawyer, Mr. Emil Ackerman, and his company, National Commercial Funding Pty Ltd, trading as PSG Capital. He was very helpful until I paid him his acceptance fee of $15,000.00. He used all the charm in the world until the funds were paid.

I can honestly say that I lost my entire life at the hands of this reckless and unscrupulous individual. At first, whenever I called, he would answer his phone in seconds. Now he is impossible to get hold of. A day before settlement, he advised that he had issues with the valuation, which he previously advised and confirmed he was happy with.

I have learnt that he lives the high life on other people's money, for which he doesn't provide any service, nor does he have the capability to fund and settle a loan. I have spoken with another lender who commenced legal action against him and his valuer for the same deceptive conduct.

The court records are available online via Queensland (ecourts lookup). Absolutely fundamentally do not deal with him at all costs.

Just the same experience as all the other posters.

Just out and out criminals - checked out Marius Ackerman - yes he is Emil's brother and they were running scams together with Pyke Nott. away from Gold Coast criminalsStay

I posted a request for assistance with a commercial deal and a broker John Leighton in Sydney responded. He then suggested using National Commercial Funding for a construction loan and offered an interest rate that us too good to be true.

Requested $8,800 upfront for due diligence and I knew straight away that this is a scam. How do we put these people in jail where they belong.

NCF Commercial Lending from the Gold Coast in Australia and run by Emil Ackerman and john Pyke-Nott use fraud and deceptive and misleading practices to obtain advance fees.

These guys are notorious for granting CONDITIONAL APPROVAL on a loan then demand excessive fees to fulfil the loan.

On the same information used to grant CONDITIONAL APPROVAL they then deny the loan and keep the fees.

This has happened to many people and it IS FRAUD.

Contact us at ncfscam@***.ru and join us in having these MEN charged with fraud - have enough evidence and people are coming forward saying this has been an ongoing issue for a long time.

The Gold Coast is home to most of Australia's confidence tricksters and conmen.

NCF Financial Services is actually the same company as NCF Commercial Lending who are known to use deceitful and fraudulent methods to take clients money.

These companies are run by Emil Ackerman and John Pyke-Nott both of these men openly use fraud to run an advance fee fraud.

Do not under any circumstance pay these fraudsters any money until you have a GUARANTEE that you will get the loan.

They give conditional approval - demand massive fees then on the same financials as they gave the Conditional Approval they reject the loan. There is no refund of the fees you have paid.

We believe they never intended to give certain loans - it is a deliberate and intentional scam to defraud clients.

Do not believe ONE WORD that comes from Emil Ackerman - he uses every slimy trick under the sun to keep your money illegally including threats and abuse.

You have been warned - these guys are of course located on the GOLD COAST - the fraud capitol of Australia.

ADVANCED FEE FRAUD run by Ackerman - sounds familiar. Emil's brother ran exactly the same fraud and was convicted of it.

I live in India - i was looking for a loan for a property for my daughter whilst she lived in Australia. I found NCF Commercial and followed their procedures for a loan.

Mr Ackerman was initially very helpful and said there would not be any issues with the loan amount. Once we paid the fees Mr Ackerman then changed completely. He denied the loan even though we had the equity. He kept our fees (which were large) and I am happy someone is reporting what this man is doing.

My advice - DO NOT deal with Mr Ackerman or his company NCF Commercial - they appear to be a scam. Name supplied to others - we were lied to by Emil Ackerman.