Dennis khanna got us too! It's been almost 5 years and we still haven't recovered!
I don't even know where to begin. My hisband got laid off and we got behind on our mortgage. Dennis convinced us to get a second mortgage using our equity to catch us up and pay off all of our other bills (ie car loan). Sounded good to us, we wre desperate. He had us call our creditors and make a deal with them to reduce the interest. That's when things started going wrong. We made all these deals and dennis was suppose to forward the money to our creditors by a certain date. He didn't! He only paid off one and charged us thousands of dollars in fees. We weren't happy but we figured it was only for one year and then we could roll the 2nd into the first and be done with him.
A year later he informs us that there is a fee of $8000.00 dollars to get out of his mortgage. Then we find out that HIS appraiser (some guy from st Catherine's) over valued our home by about $80,000! (we called a local realtor). The bank wouldn't give us that much because it was more than our house was worth. Then he says he'll find us a bank. Again we' re desperate! This guy has us cornered!
He he talks us into a new mortgage. By the time it was all settled, he made us use his lawyer and at the last second he says he can't get the whole mortgage so we are going to need a small 2nd. First mortgage was 6% and second mortgage was 50,000. There was no way we could make the payments. Our mory gage payments went from 1200 a month originally to 2100 a month. Then we discovered that Global Financial (where he got us the second mortgage) was owned by him!
It was so stressful! I lost my job, we walked away from our house and he put a judgement against us for the $50,000 of the second mortgage.
He sold our house through some "rent to own" deal, Probly 4 or 5 times over the next few years but ripped off every single one if them.
We we didn't realize it at the time but he never took the house out of our names. He kept paying that first mortgage in our names! We left our home in 2009 and he finally changed it into his own name in 2013!!!
Over the years we have went to the police, lawyers, anyone that would listen; they all agreed that what he did was fraud but we would need thousands of dollars to get him.
I never have up hope. Today I woke up and googled his name like I have occasionally done over the years, and was so excited/saddened to discover others who could appreciate the horror of being scammed like we were.
I would love to see a class action lawsuit. This guy isn't just destroying your credit rating, he's destroying families!
We are going to contact the hamilton spectator guy too. The problem is, we are sure that he pays off everyone, so we're not too hopeful :)
ANYONE WHO HAS BEEN RIPPED OFF BY DENNIS KHANNA, OWNER OF METRO FINANCIAL PLANNING IN HAMILTON, YOU CAN FIGHT BACK!!!
METRO FINANCIAL PLANNING is licensed with the Financial Services Commission of Ontario (FSCO), FSCO license number 10696. For complaints or inquiries relating to FSCO licensed individuals or mortgage brokerage firms, you should contact FSCO at 416-250-7250.
As well, contact the Hamilton Spectator with your story
If Khanna has threatened you or was abusive to you, file a report with the Hamilton Police or your local police as there will be many others filed anh Khanna will be charged with a criminal offence.
Everyone contact me and we will set up a program that will end Khanna's silly games!
Metro Financial Planning Ltd. Reviews
Dennis khanna got us too! It's been almost 5 years and we still haven't recovered!
I don't even know where to begin. My hisband got laid off and we got behind on our mortgage. Dennis convinced us to get a second mortgage using our equity to catch us up and pay off all of our other bills (ie car loan). Sounded good to us, we wre desperate. He had us call our creditors and make a deal with them to reduce the interest. That's when things started going wrong. We made all these deals and dennis was suppose to forward the money to our creditors by a certain date. He didn't! He only paid off one and charged us thousands of dollars in fees. We weren't happy but we figured it was only for one year and then we could roll the 2nd into the first and be done with him.
A year later he informs us that there is a fee of $8000.00 dollars to get out of his mortgage. Then we find out that HIS appraiser (some guy from st Catherine's) over valued our home by about $80,000! (we called a local realtor). The bank wouldn't give us that much because it was more than our house was worth. Then he says he'll find us a bank. Again we' re desperate! This guy has us cornered!
He he talks us into a new mortgage. By the time it was all settled, he made us use his lawyer and at the last second he says he can't get the whole mortgage so we are going to need a small 2nd. First mortgage was 6% and second mortgage was 50,000. There was no way we could make the payments. Our mory gage payments went from 1200 a month originally to 2100 a month. Then we discovered that Global Financial (where he got us the second mortgage) was owned by him!
It was so stressful! I lost my job, we walked away from our house and he put a judgement against us for the $50,000 of the second mortgage.
He sold our house through some "rent to own" deal, Probly 4 or 5 times over the next few years but ripped off every single one if them.
We we didn't realize it at the time but he never took the house out of our names. He kept paying that first mortgage in our names! We left our home in 2009 and he finally changed it into his own name in 2013!!!
Over the years we have went to the police, lawyers, anyone that would listen; they all agreed that what he did was fraud but we would need thousands of dollars to get him.
I never have up hope. Today I woke up and googled his name like I have occasionally done over the years, and was so excited/saddened to discover others who could appreciate the horror of being scammed like we were.
I would love to see a class action lawsuit. This guy isn't just destroying your credit rating, he's destroying families!
We are going to contact the hamilton spectator guy too. The problem is, we are sure that he pays off everyone, so we're not too hopeful :)
ANYONE WHO HAS BEEN RIPPED OFF BY DENNIS KHANNA, OWNER OF METRO FINANCIAL PLANNING IN HAMILTON, YOU CAN FIGHT BACK!!!
METRO FINANCIAL PLANNING is licensed with the Financial Services Commission of Ontario (FSCO), FSCO license number 10696. For complaints or inquiries relating to FSCO licensed individuals or mortgage brokerage firms, you should contact FSCO at 416-250-7250.
As well, contact the Hamilton Spectator with your story
If Khanna has threatened you or was abusive to you, file a report with the Hamilton Police or your local police as there will be many others filed anh Khanna will be charged with a criminal offence.
Everyone contact me and we will set up a program that will end Khanna's silly games!