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Reputation Report

Velur Enterprises, Inc.

  1,977 inquiries |
Real Estate Brokers

20700 Ventura Blvd Suite 301
Woodland Hills, CA 91364
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(818) 786-0024

http://www.velurii.com

Monday - Friday 8:30 to 5:00

Company Rating

AAA

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Customer Reviews

based on 2 reviews.

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Complaint Experience

100%

Complaint Resolution Index (CRI)

1 complaints closed in last 3 years.

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Membership Information

This business is not a member of Business Consumer Alliance. This fact does not disparage the company in any way.

Recent Review

Posted on 6/18/2024

This company is nothing more than a Ponzi Scheme

They lure in investors many unexperienced with over priced land that they already own. The land is marked up 2 to 10 times higher than it's worth with the promise of it possibly being sold in 10 years to developers. This organization uses pressure tactics and very old article related to renewable energy to make people thing that your property will be bought out by a solar farm, high speed rails or even a cell phone tower. They already own the land they aren't finding properties for sell for you. And you can only use their agents to purchase the land. You assume that they are providing your moral and trustworthy practices but they are not. It's only to line their own pockets. Once purchased they completely ignore all calls and inquires saying they can't help you with the sell of this property.... Red Flag or any assessments, or anything related to taxes. You are completely ignored. Many of the agents quit once they realize it's a scam. The buyer is stuck paying taxes on a useless piece of land or trying to convince a new agent to hang a sign for it to be sold at an inflated price to make money. I have no idea how their rating here is still high because they've had numerous fraudulent law suits.

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Complaints and Resolutions

Total Amount in Dispute:
$65,000.00

Total Amount Settled:
$0.00

Complaint Experience

100%

Complaint Resolution Index (CRI)

BCA's Summary and Analysis:

Our complaint history for this company shows that the one complaint brought to the company’s attention was responded to and given proper consideration.

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Complaint Closing Statistics

1 complaints against Velur Enterprises, Inc. closed in last 3 years.
Complaints Type of response
0 Making a full refund, as the consumer requested
0 Making a partial refund
1 Agreed to make an adjustment
0 Refusing to make an adjustment
0 Refuse to adjust, relying on terms of agreement
0 Unanswered

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Other Information

Company Info

Velur Enterprises, Inc. is a land investment company that specializes in protecting and enhancing our buyers' retirement portfolio.

Primary Contact: Velur Administration
Business Started: 2/17/1987
Social:

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Licensing

California Department of Real Estate

Verified License

License Number: 00841106
Status: Licensed

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Government Actions

BCA has no information regarding government actions at this time.

Comments and Analysis

We have no further comment about this company's business practices or analysis of its offer that may assist you in your consideration of this company.

Other Considerations

We know of no other matter or practice relating to this company that may assist you in your consideration of this company.

Industry Resources
Advertising Reviews
Additional Info

DBAs:

Luvre Properties, Inc.
Golden State Resources, Inc.
Velur Land Investments, Inc.

Websites:
There are no additional web sites.

Contacts:

owner
Stephen Y. Ma (Attorney)
Leopold Hlavacek (Principal)
Lubor Hlavacek (President)

Addresses: