THE EDEN-BARN SCAM
Hugh J. and Anita Grace
702.586.1919 begin_of_the_skype_highlighting 702.586.1919 end_of_the_skype_highlighting or 702.292.2055
I am 66 years old and probably should have known better.
Eden-Barn is a company promoted by Sandy Rainey claiming to be able to arrange low interest home loan financing after paying an upfront fee of $2,000.
In September of 2009 we were introduced to a company called Eden-Barn (EB) by a friend of ours who is now also a victim of this scam. We were scammed for $2,200 on September 13, 2009 that included a $200 fee to expedite our application. We were scammed by a Woman named Sandy Rainey who was promoting a humanitarian real estate scam, Eden-Barn. Sandy was promoting membership in the company (EB). Sandy made a variety of claims leaving one with the impression that once you have been accepted by Eden-Barn and they formed your Limited Partnership (LP) it would be about 90 days and your LP would be funded with a low interest loan by Eden Barn allowing you to purchase a home at an unbelievably low interest rate and payment. Example: a $350,000 15 year loan would have a monthly payment of approx $838.00
Sandy, (tel: 916.663.0179) claimed that Eden-Barn was funded by a self made millionaire name Frank Stempfer whom she met one day wandering around outside her property at 8265 State Hwy # 193 Newcastle, CA 95658, in California. Frank convinced Sandy to leave her $150,000 a year job to join him in this humanitarian effort. Frank, being the philanthropic millionaire that he is, had decided to use his Non-Profit Foundation (Eden-Barn Foundation) to fund LP’s through which Eden-Barn members could purchase homes. Frank, after all, had a very successful Canadian Company called Eden-Barn Industries that was making millions through mining, manufacturing telecommunications and real estate to name a few of Frank’s diversified ventures. Sandy also claimed that Frank had been a major player in the Reagan Administration.
Eden-Barn Industries in Canada is not what it was represented to be. Eden-Barn is a shell company whose only address, 10154 St Sw Suite 1130, Calgary, AB,T2R 1J4 (or, 1015 4 St. SW Suite 1130, Calgary, AB., T2R I J4) and telephone number, 403-252-9937, is the law firm that acts as the resident agent. Frank Stempfer (“Uncle Frank”) is not a millionaire philanthropist, was never a member of the Reagan Administration, and is a con. The Eden-Barn literature states, “Eden Barn is an asset holding company mines, precious metals, manufacturing distribution, research and development, telecommunication and real estate.” None of this is true.
We have a variety of documents to support our claim. To date there are at least 250 other people who have been scammed by Sandy, Frank and David Thawley
In Las Vegas Eden-Barn is represented and promoted by David and Julia Thawley, 2036 Oliver Spring St., Henderson NV 89052-8523. Mr. Thawley tried to convince a friend of mine he was a victim also but he continues to promote Eden-Barn.
Since requesting a refund Eden-Barn, Sandy and David have cut off all communication with us including not notifying us of any webinars. Eden-Barn has funded no loans to date.
It's really terrible when Companies take advantage of the elderly !!! This money they took from us is part of our retirement fund.
Sandy Raineyfirstname.lastname@example.org (916) 521.7870 - cell David Thawley-(702) 407.9557
THE EDEN-BARN SCAM