Towerpoint Capital

Offered a deal to get tower, wouldn’t pay monthly or buy out. Just one annual payment for 10 years.

You’re they’re partner and a 50/50 split for upgrades and new tenants. Well, they recorded the deal, assuring us they would be working on new tenants and upgrades and profits would be huge. Then, immediately after SOLD right back to Crown Castle. Trying to get someone on the phone is like trying to move mountains.

They lied and the sad thing, they lied and committed fraud to elderly people.

Despicable company that preys on innocent people. Anyone who can provide assistance in bringing them to the forefront PLEASE reply !!!!

This .... appears to be a PONZI SCHEME.

Tough to run down all the many different names - or "shells" used to entice unsuspecting investors and cell tower owners to go with them. We are in a 4 year law suit with CCG and an unknown SPVI who now evidently is Towerpoint Capital. CCG is hiding so we cannot find the right person to depose. Maybe now we found them.

Here is the underhanded - dirty trick. CCG knew that the cell tower was already sold in 2003 to my close friend and he was paying off the purchase price via the cell tower income stream to the original land owner. CCG was greedy and so was the landlord and together they actually CONSPIRED TOGETHER and drew up papers that gave CCG the rights to school property that was contingent to the cell site and the lease revenue in spite of the fact that the lease clearly states that the "lease runs with the land". My friend made the final payment on the land and has the deed which guarantees him the revenues & lease that "runs with the land" and still the "ghost" CCG (whoever-wherever they are) through their lawyer is hanging onto the cell site revenue illegally which is only $700 per month - and is claiming school property that was properly deeded in 2003 - before CCG came into existence.

This company should be ashamed of causing the tiny school to fight these BULLIES for their own property. By the look of what we are seeing with the multi-names used and changed - it look very suspicious that they may be a PONI SCHEME as they seek many different investors and so called "selling" the cell tower revenues over and over to many.

I think the FBI AND THE SEC should investigate these companies. Searching and finding Towerpoint Capital with the same Corp Principals - might prove to be interesting.

Towerpoint Capital is a cell phone investment company based in Atlanta, Georgia but facing legal trouble in as many as 18 states.

In 2014 Towerpoint Capital lost their private equity funding and was bought out by Jesse Wellner, John Gutowski and Dustin Cahill. Towerpoint Capital is currently under investigation for deceptive and fraudulent business practices. The company is accused of misleading customers by claiming to create value for a customer's cell phone tower, but instead selling 100% of all deals to Crown Castle International.

AllianceBernstein currently finances Towerpoint's acquisitions, and AllianceBernstein has been implicated as a knowing participant in the scheme.

Contact us for more information about the class action law suit against Towerpoint Capital.

For more information about the class action law suit against Towerpoint Capital, check out these resources:

http://repdigger.com/reviews/towerpoint-capital

http://www.ripoffreport.com/r/TowerPoint-Capital/Atlanta-Georgia-Suite-1450/TowerPoint-Capital-TowerPoint-Capital-has-sold-100-of-the-deals-they-have-completed-to-C-125****

http://towerpoint-capital.pissedconsumer.com/towerpoint-capital-201509****5568.html

This company conducts deceptive and fraudulent business practices. Towerpoint Capital claims to partner with customers and the convince customers to take less money for their cell tower leases, compared to the market value.

Towerpoint has sold all of their deals to Crown Castle immediately after close, instead of the partnering they promised. Towerpoint Capital is currently under investigation and past customers are being contacted to take part in a class action law suit.

Potential customers are strongly encouraged not to do business with this company. The CEO of Towerpoint is Jesse Wellner and the website is towerpoint.com

Towerpoint is located in Atlanta, Georgia.