Posted on: 05th Mar, 2009 12:22 pm
Has anyone worked with Signal Capital Management LLC, specifically Shane Rodgers, please tell me your experience, thanks.
Has the company and/or the person closed a loan for you in the last 120 days? If, so given me the name of the lender either Shane or his company used.
Hi Guest!
Welcome to forums!
You should contact Signal Capital Management in this regard. You can get their contact details from the given page: "http://www.signalcapitalmanagement.com/"
Feel free to ask if you've further queries.
Sussane
Welcome to forums!
You should contact Signal Capital Management in this regard. You can get their contact details from the given page: "http://www.signalcapitalmanagement.com/"
Feel free to ask if you've further queries.
Sussane
Shane Rodgers of Signal Capital Mgmt. came to New York a few years ago to start some "Hedge Funds", with his "own money" which is a joke to any Wall Streeter because you only run a hedge fund with your own money when no one trusts you with THEIR money. The hedge fund industry is insular and no one had ever heard of him or his company, nor of any legitimate deals that he had ever made. Bad sign.
Due diligence: Google the only REAL company that he had ever worked for about 15 years ago The Chancellor Group. He was accused of making 3 million dollars disappear. He left the country and the company's directors fired him in absentia.
He returned to L.A. some years later, you know, the center of the financial industry, where he plied his trade for years.
NOTE: this site does not allow links so I removed the links but you can look it up at the source.
Then looking for a fresh crop of investors, Shane Rodgers moved to New York with his hedge fund scheme. Their was even publicity about it on several hedge fund news site. Look it up: hedge funds review / news 1551420 signal plans summer launches
A year later 2008 it was reported on one of the financial news site that he had tried to sell his hedge fund on Craigslist !! You read that right - Craigslist.
2009 After that, he switched into mortgage lending, which does not seem to have helped his reputation much. He seems to pick a new scheme, I mean "investment opportunity" every year.
Jan. 18, 2010 - Shane Rodgers partners up with Michael Atkins of Amasis Capital Mgmt. Look it up: hedgeweek dot com 2010/01/18/30750 / signal-capital-partners-amasis-capital-quant-firm
Oct. 2010 - Michael Atkins was arrested in Jakarta where he lives, on multiple counts of defrauding his investors out of Millions of dollars. Basically he runs "managed accounts" trades FOREX, his clients can't seem to get ANY of their money back. This the guy that Shane Rodgers was trying to funnel clients to.
Jan. 19, 2011 - Michael Atkins is found guilty of fraud and sentenced to 4 years in a Jakarta jail. He has a blog where he denies his guilt and says he's the victim.
Look it up: travesty of justice - indonesia. blogspot dot com /2011/05/ high-court-strikes-down-appeal . html
Feb. 16, 2011 Since his partner is now serving 4 years in prison, Shane Rodgers has announced that his new venture is to turn his former Hedge Fund into "managed accounts" in New York. Perhaps he was inspired by how much money his friend had made doing it. Look it up: alphametrix dot com /blog/tag/signal-capital/
Due diligence: Google the only REAL company that he had ever worked for about 15 years ago The Chancellor Group. He was accused of making 3 million dollars disappear. He left the country and the company's directors fired him in absentia.
He returned to L.A. some years later, you know, the center of the financial industry, where he plied his trade for years.
NOTE: this site does not allow links so I removed the links but you can look it up at the source.
Then looking for a fresh crop of investors, Shane Rodgers moved to New York with his hedge fund scheme. Their was even publicity about it on several hedge fund news site. Look it up: hedge funds review / news 1551420 signal plans summer launches
A year later 2008 it was reported on one of the financial news site that he had tried to sell his hedge fund on Craigslist !! You read that right - Craigslist.
2009 After that, he switched into mortgage lending, which does not seem to have helped his reputation much. He seems to pick a new scheme, I mean "investment opportunity" every year.
Jan. 18, 2010 - Shane Rodgers partners up with Michael Atkins of Amasis Capital Mgmt. Look it up: hedgeweek dot com 2010/01/18/30750 / signal-capital-partners-amasis-capital-quant-firm
Oct. 2010 - Michael Atkins was arrested in Jakarta where he lives, on multiple counts of defrauding his investors out of Millions of dollars. Basically he runs "managed accounts" trades FOREX, his clients can't seem to get ANY of their money back. This the guy that Shane Rodgers was trying to funnel clients to.
Jan. 19, 2011 - Michael Atkins is found guilty of fraud and sentenced to 4 years in a Jakarta jail. He has a blog where he denies his guilt and says he's the victim.
Look it up: travesty of justice - indonesia. blogspot dot com /2011/05/ high-court-strikes-down-appeal . html
Feb. 16, 2011 Since his partner is now serving 4 years in prison, Shane Rodgers has announced that his new venture is to turn his former Hedge Fund into "managed accounts" in New York. Perhaps he was inspired by how much money his friend had made doing it. Look it up: alphametrix dot com /blog/tag/signal-capital/
Thank you for sharing this in the forums!! :) This will help others know the reality of Shane Rogers and his company.
They went into a partnership and lost their own money as well. When they realized the truth about Atkins they ended the partnership, so not sure how Signal is at fault
Simply put he is a scam artist, who requests large upfront fees with little to no intention or ability to fund. He is arrogant and unjustly pompous with delusions of grandeur. As he is in the US illegally from Australia, I am not sure how or why the US government have not deported him yet. While other members of his loosely fitting organization are quite legitimate and great to work with (Matt Knee, Roger, Ari) Shane is all that is wrong with Wall Street
Shane Rodgers has NEVER WORKED ON WALL STREET.
His so-called resume is all Signal companies owned by him ALONE, or the partner (Thomas Miltch)who sued him over the algorithm software. No employees. Don't even need an office.
Office building in downtown Los Angeles that rents out it's business address as well as office rooms by the hour or the day. Same fake office arrangement in New York. Rent by the day.
Anyone can make up a bunch of companies, and partners all over the world who he has never worked with, or met. Shane Rodgers talks big: Oil, gas, mortgages, huge sums of money. Guess where the only place he's got gas.
Smoke and mirrors.
His so-called resume is all Signal companies owned by him ALONE, or the partner (Thomas Miltch)who sued him over the algorithm software. No employees. Don't even need an office.
Office building in downtown Los Angeles that rents out it's business address as well as office rooms by the hour or the day. Same fake office arrangement in New York. Rent by the day.
Anyone can make up a bunch of companies, and partners all over the world who he has never worked with, or met. Shane Rodgers talks big: Oil, gas, mortgages, huge sums of money. Guess where the only place he's got gas.
Smoke and mirrors.
I must have made a mistake trying to post to PP and Adonis previously, so rather than writing all over again I'll keep it simple. I just read the "self serving" posts and I guess I do understand that comment. It was not meant to appear that way. That being said, If anyone has a deal that they were considering sending to Signal. Let me know and I'll help point you in the right direction. I've dealt with Signal for over a year now and I have a very good idea of what will fly and what wont there. Maybe it will save some time/money/energy for you guys. In any case, I'm here to help. You got my number, you can look me up on linkedin and see my bald head...whatever. As I said, here to help.
Best,
Khari Nixon (Aka KN)
Acacia Wind, LLC
317-503-5350
Best,
Khari Nixon (Aka KN)
Acacia Wind, LLC
317-503-5350
Time waster.
Great pretender.
Advice:
Ask him straight out for a specific professional biography with refrences and when he tells you its being updated or that his firm is in the process of a major staff reshuffle you will get the picture fast but hopefully before getting your property tied up, loosing time, missing real opportunities, wasting money, or getting embarrassed.
Great pretender.
Advice:
Ask him straight out for a specific professional biography with refrences and when he tells you its being updated or that his firm is in the process of a major staff reshuffle you will get the picture fast but hopefully before getting your property tied up, loosing time, missing real opportunities, wasting money, or getting embarrassed.
THIS "CEO" DID NOT EVEN PAY HIS RENT FOR THE APARTMENT, HE RENTED IN N.Y. ....HE OWS OVER 40.000....
THIS GUY IS A BIG SCAM......
DO NOT....DO NOT DO ANY BUSINESS WITH HIM.....HE IS A BIG CROOK
AND HE LIVES ON OTHER PEOPLE'S MONEY....BELIEVE ME , I EXPERIENCED HIS SCAM ON MY OWN SKIN.....
DO NOT....DO NOT DO ANY BUSINESS WITH HIM.....HE IS A BIG CROOK
AND HE LIVES ON OTHER PEOPLE'S MONEY....BELIEVE ME , I EXPERIENCED HIS SCAM ON MY OWN SKIN.....
Thanks for sharing your experience with us. This will let others to not trust them any further.
I'm a broker, I sent two deals to Shane Rodgers, Signal Capital last week being 10/5/2012, both borrowers has $5-10mm real estate portfolios, 700+ credit scores and money in the bank. One borrower sent $750. the other borrower sent $1,800. to Signal Capital for BPO's, I recieved an email back from Shane Rodgers one week later that was four words, "no on both deals". Signal gave us no reason, nothing to show us anything for saying no. Both borrowers are very upset at me because Shane Rodgers is a fraud, it is all over the Internet, my bad. Call me if you want to see the prof, 208-918-0838
Can understand your frustration!! It must have be very bad for your reputation!!
I used Signal Capital for a Hard Money loan on a property I was developing in Greenwich CT. Other than the money was expensive the firm delivered on what they said they would. I have since refied out of this property but I can tell you they funded.