Towerpoint Capital
Towerpoint Capital Overview
The generated data is based on reviews and questionnaires provided by PissedConsumer.com users.
Towerpoint Capital has a 1.0 star rating from 2 reviews; consumers are mostly dissatisfied with billing practices, customer service, and the company’s high price level.
Positive Feedback
There are no meaningful positive comments in the recent reviews and no reported client benefits or successful partnerships noted.
Negative Feedback / Risk Areas
- Recurring allegations of deceptive sales and fraud, including immediate resale of deals to Crown Castle.
- Multiple Towerpoint Capital customer complaints cite poor customer service and difficulty contacting the firm.
- Complaints highlight billing and pricing concerns and claims of misrepresented partnership terms.
Key Takeaways for Future Customers
- Check Towerpoint Capital reviews and legal history before engaging in any investment partnership.
- Confirm billing, contract terms, and who controls tower sales before signing.
- Consider alternative firms if transparent customer service and clear revenue sharing are priorities.
The generated data is based on reviews and questionnaires provided by PissedConsumer.com users.
Towerpoint Capital has a 1.0 star rating from 2 reviews; consumers are mostly dissatisfied with billing practices, customer service, and the company’s high price level.
Positive Feedback
There are no meaningful positive comments in the recent reviews and no reported client benefits or successful partnerships noted.
Negative Feedback / Risk Areas
- Recurring allegations of deceptive sales and fraud, including immediate resale of deals to Crown Castle.
- Multiple Towerpoint Capital customer complaints cite poor customer service and difficulty contacting the firm.
- Complaints highlight billing and pricing concerns and claims of misrepresented partnership terms.
Key Takeaways for Future Customers
- Check Towerpoint Capital reviews and legal history before engaging in any investment partnership.
- Confirm billing, contract terms, and who controls tower sales before signing.
- Consider alternative firms if transparent customer service and clear revenue sharing are priorities.
Horrible Fraudulent Liars !
- Tower deal: single annual payment for 10 years.
- Promised 50/50 upgrades and tenants; then sold back to Crown Castle; hard to reach; fraud claims.
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 !!!!
- Absolutely everything
Shameful BULLIES trying to steal Elem. school property
- The lawsuit involves CCG and SPVI, now Towerpoint Capital.
- Alleges use of multiple names and shells to lure investors and divert lease revenue.
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.
Tower Point Capital is NOT a respected leader in anything but a deceptive call center attempting to wrestle lease, and land rights, from ill informed cell tower landlords and land lease holders. DoNOT engage with this company, on any level.
Replying to
Steinsel, Luxembourg
Is Towerpoint Capial guilty of Fraud?
- Towerpoint Capital is an Atlanta-based cell phone investment company facing legal trouble in 18 states and is under investigation.
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
- Scam
- Deceptive and fraudulent business practices
The company (TowerPoint Capital) appears to be looking to fine inefficiency in the marketplace with uneducated site owners. TPC offers 20% below current market value and threatens that sites are going away, only to sell the site immediately to either Crown Castle or Landmark.
Montreal, Quebec
SCAM - Towerpoint Capital
- Allegations of deceptive and fraudulent practices.
- Promised partnership; deals sold to Crown Castle after close; under investigation.
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.
- Deceptive and fraudulent business practices
Preferred solution: Let the company propose a solution
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TowerPoint agents have been in contact with us about the tower on our land in NC. We sought legal advice for our initial contract with Airgate in 2003 but was unable to find a lawyer, agency or consultant that worked on behalf of the landowner.
Still searching in 2019 for that assistance. Definitely getting screwed by an industry that works hand in hand with each other to gradually present and manipulate situations to eventually take control of the land, lease and all monetary gains away from the small unprotected landowner.