Mortgage Grapevine
Rodney Sparrow is a FRAUD (along with Lance Young and REG, LLC)
Rodney Sparrow is a FRAUD.
If Rodney Sparrow is a High Flying Banker why is he living in an apartment?
607 N King
Apt 454 A
Honolulu, HI 96817
Phone number 808-389-1876
He won't return a phone call. HE IS A FRAUD.
by needtoknow December 11, 2008 12:00 AM
This has been known for quite some time about him. If he screwed you out of money, you didnt do your proper Due Dil
by Get It Done Drew December 11, 2008 12:00 AM
I understand that Drew. Any one have any more info on him? Any one get their money back? FRAUD ALERT.... Do not Deal with them... FRAUD ALERT
by needtoknow December 11, 2008 12:00 AM
Go there beat his ass and then write it off as a biz expense (investor relations).
by peeper December 11, 2008 12:00 AM
Looks like an ad to me. Don´t post ads!
by Goofy December 12, 2008 12:00 AM
Sparrow is a FRAUD. 100% arrogant FRAUD.
He represented he worked with a "fund". There is no fund.
He represented there was a Due Diligence Team - there is no team, just Lance Young reviewing deals to see if they can be placed somewhere else.
He was pumping out Letters of Interest (LOIs) towards the end of November, early December, and taking in Due Diligence fees from dozens of borrowers. His set fee was $10k, but if your borrower offered less, NO PROBLEM, he was flexible - he didnīt want to let a live one get away!
He fraudulently took advance fees from dozens of borrowers, money wired to his PERSONAL ACCOUNT in Hawaii, then on the day due diligence teams were due to depart, suddenly the "fund" lost itīs "funding", and Rodney now offers to be a broker.
The day after he pulled the scam notice, he scheduled (with the help of his partners in crime) conference calls with borrowers - an entire day (or more) of calls, one every 30 minutes.
Just like the Nigerian 409 Scammers Sparrow - the arrogant B@stard - offers the borrowers a glimmer of hope: "He has contacts that will find funding for the deal."
If you are working with Rodney, do yourself a favor and STOP.
If your broker brings you a deal with Rodney, save your money. Heīs no better than the other advance fee scammers we all know about. Find another source, or actually FIND A REAL LEGITIMATE source. Rodney is not a real source, or legitimate.
Someone needs to set up a clearing house of scam victims.
Rodney is smart, he keeps the amounts he scams low - enough to steal a lot through volume, but not enough to have a lawyer file a lawsuit. By converting himself into a "broker" for the borrower, and giving them hope evidently Rodney hopes no one will go to the authorities.
I hope heīs wrong. Iīve never met Rodney, but I bet heīll look real nice in a yellow jumpsuit.
by ClientAdvocate December 18, 2008 12:00 AM
Rodney T. Sparrow is nothing more than a 100% crook. I unfortunately sent money...shame on me for being desperate to get our project funded when the banks won´t loan. But nevertheless, he is a fraud. I can tell you the following.
1. He is a former marine (he has disgraced his country)
2. He was trained in computer technology and fraud.
3. He currently lives in Hawaii at the apartment listed above.
4. He has been doing this fraud since Feb. 2006.
5. He used to work for a cleaning company.
6. His last job was as a security guard for Safeway in Honolulu.
7. He has no real estate license.
8. He learned how to scam by sending off for a How To Book.
9. He is a 27 year old African American.
10. Steroid user, etc.
Do Not believe anything he says. He has successfully scammed anyone he comes in contact with.
by revealrodneytsparrow December 18, 2008 12:00 AM
Pure Fraud
Craigslist Scam
CONSUMER ALERT
SCAM ALERT!!!!!!!!!!!
SCAM ALERT!!!!!!!!!!!
Consumer Report to anyone potentially dealing with: Skyline Federal at skylinefederal.org or proofofplatformandprojectfunds.com they are world class con artists. DO NOT deal with this company they will take your money and run. they have a new banking instrument lease program for people to go into PPP and forex trade...IT DOES NOT WORK!!!!!! these instruments are NOT able to be used by traders. They are NOT legit. ALSO they say they've been in business for 10 years and this is a LIE..they registered their website less than 2 months ago and they bought a shelf corp to use the age.
one of they're numbers is: 1-888-771-2228
Phone 888-771-2228
Fax 800-701-5730
8200 E. Belleview Ste. 500
Denver CO 80111
one of the most blatent scams we've ever seen.
by JusticeMan January 22, 2009 4:19 PM
Our story is very similar to clientadvocate's. It happened the same way, when his "due dilligence team" was ready for a trip to see the project,the "fund" was not funding any more....what a surprise! His emails were weird, very brief and not well written...we thought he was a dry person, the truth is he is probably uneducated, and doesn't even know how to express himself well in English. Shame on us that we paid attention to our brokers!!!considering one of them was an expolice officer who checked this scammer and pushed us to send him the money, because"he is ok, trust me..."
We had a very unpleasant experience....we hope the FBI or police or someone gets this guy.
Please you who know how to do it, report him, he can't keep on doing this!!!
by hetookrmoney2 January 24, 2009 4:12 PM
This is ridiculous, maybe if you so-called.... I mean "so-called" entreprenuer's.... would stop contacting "Finance Brokers", "Angel Investors" and "Private Equity Firms", you would probably get some place!
Did it occur to you, that if they were successful at what they do, they would not be charging upfront fees! All of you got burned because you may be some of the dumbest people on Earth, stop looking for a Venture Capital firm to invest in your venture! THEY DO NOT DO START-UPS!! A Start-up to a Venture Capital Firm is a company that has been operating for 1-3 years!
Get clue, Get a PPM or Private Placement done and contact companies like:
www.PrivateEquityCap.com (Good)
And work on getting private investors of your own. Stop thinking there is a firm out there that can "fund" you because you have a "Great ROI".
If you got burned, Good, odds are you would have pissed the money away anyway!
by TheEnlightenedFew September 30, 2009 4:16 PM
Has anyone ever heard of Rodney Sparrow using the "aka" Charles Henderson?
Preventing my family from being scammed and ALWAYS doing my due dil.
by HowYaLikeMeNOW December 2, 2009 2:18 PM
This post has been removed at the request of the author of the post.
by NewCap42 December 3, 2009 9:59 AM
This post has been removed at the request of the author of the post.
by NewCap42 December 3, 2009 10:02 AM
Ms. Hall, at the very least I am amused. I pulled this from another thread on here:
PLEASE BE ADVISED!!!!!!!!!!!!!!!!!!!!!!!!!
Loni C. Hall is legitimate, professional and very ethical and I would do business with her anytime but Hiroshi Development LLC, Hybrid Capital Group LLC and Charles A. Henderson is a SCAM SCAM SCAM SCAM!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
I have many loans ($4.5MM - $32MM) with this guy and he approved each one of them within 24 hours without doing any due-diligence. He issued letter of interest with unbelievable terms, followed by a great conference call and within 2 hours after that a written commitment contingent on final credit committee approval.
Upon issuance of commitment he requests a commitment fee ($8K - $15K) to be released to him to offset expenses and this is where he disappears and you will never get funded and there is no REAL fund or funding source behind him.
I found at least four other companies who have loans in the pipeline with Charles A. Henderson...all SCAMS. I spoke to each one of them and I can disclose references if you like.
Here is my evidence:
This is their website www.hiroshidevelopmentllc.com (this looks all good and legitimate from the surface)which was bought and created on 10/20/2009, yet the website says that they have been in business since 2005.
All their managing partners claim to be fund managers and experienced asset management professionals, yet none of them is registered with FINRA.org, no Series 7 exams, etc.
The registrar for the domain is Tucows, Inc out of Canada. Go to their website www.tucowsinc.com and scroll all the way to the bottom where it says Domain Name Help & Whois...click on it. Go to the WHOIS search and type in hiroshidevelopmentllc.com and VOILA!!!!!!!!!!!!!!!!!!!!
The administrative contact is "Rodney Sparrow" and this is your guy.
RODNEY SPARROW IS CHARLES A. HENDERSON.
He is using different names and always different company names.
Now, Google Rodney Sparrow and you will find over 50 individual people on blogs everywhere who have had ONLY bad experiences with this SOB. They are after this guy and he feels the heat, so he changed identities.
This bastard needs to go to jail and I have contacted the Attorney General and FBI via my attorney. JOIN ME if you think you are being scammed by his tactics. I WILL COVER ATTORNEY FEES!!!!!!!!!!!!!!!!!!
I will not stop until this SOB will get what he deserves.
Any feedback is appreciated.
Thank you and good luck.
by smartmoney2009 December 2, 2009 1:58 AM
_________________________________
I don't believe any of you. I hope Santa Clause brings you a lot of rocks covered in black paint because you aren't even worth a good dose of coal.
by HowYaLikeMeNOW December 3, 2009 10:51 AM
Rodney Sparrow used to work for me in 2007 as my smoothie shop manager...I would not trust him with anything ever.... Store never made money under his management.. I always wondered about his character... I have a video of his last day in the store... looted the cash register and closed shop 4 hours early.. Police said they could not do anything because he was allowed to get into register... I have learned a lesson.. One day he will get his...
by caveman1111 April 12, 2010 11:03 PM





