Blacklist of Private Placement Brokers to Avoid *
In any business, it is important to know who to deal with, and who stay away from. In the private placement world, it is even more critical. In fact, there are more brokers and “traders” which offer programs that are fake, than real. Since we have come across a number of inexperienced and misleading opportunities, we felt that creating a public “blacklist” would assist in preventing future fraud and time waste.
For those who post, please list the name of individual, company, and any other details you feel would protect people in the future. Also, this “blacklist” is applicable for all businesses related to private placement programs, such as buy/sells of bank instruments and bulk commodities.
Though we can’t list people ourselves, everyone who reads the blog can feel free to list as much information as they choose.
Let’s work as a team, and flush the ignorance and fraud out of the private placement business. The larger the list grows, the more people will be protected when pursuing future investment opportunities.
Due to the Blog’s limited search features, we ask that all BLACKLIST posts also be added to our Fraud Protection Forum !!!! This will allow each thread to register uniquely in Google, so your post shows up first when others enter their information into the search engines.
NOTE: Since we have received calls from many of the “accused” requesting the removal of certain posts, we have made it simple for everyone to understand. InsideTrade LLC will NOT remove any comments from the blacklist, it is the legal right of others to communicate their frustrations and experiences. For a legal reference, please refer to the Communications Decency Act or “CDA”, 47 U.S.C. 230. As you will see, this protects us from any liability associated with our reader’s comments, whether the information posted is accurate or not! If you have a disagreement, contact the person directly, or create a rebuttal post by clicking “reply”. This will allow those who view the post to see both sides of the story, which is important for everyone to know
Thank you for your support, and let’s keep exposing the SCAMS for the better of everyone!
InsideTrade LLC Staff
(412) 235-2855
Hello,
I have had particularly bad experiences with Drew Hernandez of Phoenix Lending. He told me that I could fund my project through him, and now I am out a lot of money because his funding process didn’t work!!!!
Also, he charged an upfront fee, and I will never get that back again. I am currently considering legal action, but do not work with him, or anybody that references you to him.
Thanks,
Tonya
This is a great idea. I hope that a lot of people post there bad experiences so the rest of us can avoid the fraud and idiots out there!!!
To InsideTrade Staff, please keep writing more articles, they are great and have taught me so much… I am waiting for your Forex and other categories too!
Thanks,
Jay
Where oh where to begin…
Phoenix Lending filed BK mid February of this year .
Beware of Angel Bishack ( angel’s wealth ) she is an utter fraud and was affiliated with PL before branching off. She attempts to charge 20,000 to revamp your business plan and charges her ” directors ” 8,995.00 to be a part of her team. She has NEVER closed any deals.
Next – watch out for
Dave Hamman of HMG Ventures
A consortium division of Hamman Enterprises, LLC
817.995.9898 cell
817.744.7788 office
If you want a trip to hell –
Brad Russell
Located in Seattle Washington
Bradsr28@hotmail.com
Oh and 99.999% of Craig’s List is ABSOLUTE FRAUD AND JOKER BROKERS.
This is just for now…will come back with more updates
Thanks for all of the great posts, ESPECIALLY “Platform Police”!!!
Keep them coming, let’s protect as many people as we can out there..
Brenda Ramsey is a waste of time, she will try and charge up front fees for lending and “project financing” and then produce nothing!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Here is her info:
Starlite Funding
admin@starlitefundinginc.com
At one point she worked with someone named Abigail Ringor, who introduced me to her…
I would stay away from anyone promising project financing for an upfront fee!!!!!!!!!!
East West Trading and Vincent Bach the principle is a dirty scammer who steals money from people who try to help him. Global Treasury Foundation and Irving Jackson is another. Him and Vincent Bach are a team of scam artist who will stop at nothing to rip you off.
PLEASE BE CAREFUL WITH THESE TWO GUYS THEY WILL PROMISE YOU EVERYTHING AND DELIVER NOTHING
Does anyone know anything about theUnityOnefundProgram? The info is at info@theunityonefund.com
Let me know! d
HI BE verry careful of ban europa they steal to my client 100 000 euros and the brokers are Joao Rocha from portugal and mr Nicolas Bihannic stay away from these people .
Kind regards
Mal Chams is a fradulent fake. She told my freinds she would close a massive deal but needed money to pay her debts urgently.ie within 24 hours.
My mug freinds belived her promises of USD 100m each after which she was going to put them into ‘trade’ a PPP which never existed. she was bragging at one point of making USD 50B commission in one deal!! Its doesnt get more divorced from reality than that!
She took off with over GBP 30k of my freinds money then became less and less accessible, lying about not having internet access and losing her phone etc etc. When she wanted their money she was calling them every 20minutes.
The funny thing about her is that she kept saying how straight and honest she is when she turned out to be one of the most bent people Ive ever heard about
If you hear the name, Mal or Malory Chams, put a lock on your wallet and run!
Here’s another scammer
James Tucker
David Donaldson
Synergy Finance Group LLC
Robertsdale, AL
Liars…claim to be Direct, but then tell the client that they have to JV TWICE!!
Then they disappeared after they took an application for a LOC from my client!!
Those guys at Unity One Fund DO NOT KNOW WHAT THEY ARE DOING – they are very green .
They distribute a nice presentation package , Rick, Rich , Scott , pass on these guys unless you wish to waste your time.
They have not closed a single deal.
To quote Elmer J. Fudd- Be vewy vewy caweful …
D Johnaon said:
Does anyone know anything about theUnityOnefundProgram? The info is at info@theunityonefund.com
Let me know! d
I should clarify my previous statement on Synergy Finance Group, LLC.
My client never put up any cash (thank God) but that is because they (Synergy) changed the story mid-stream and then refused to return any phone calls, email, skype, or text messages from myself or my client once they recieved his application. My guy wanted clarification before moving forward so, apparently, they don’t like to answer any tough questions.
I don’t want to be accused of making false statements, so here is one advertisment that they have put out…I’ll let it speak for itself (remember, it MUST be real, because its a FED program, right?)
http://sacramento.newsreview.com/FinancialServices/one_day_private_placement_program_100k_minimum_5b_maximum/classifieds/ViewAd?oid=1774020
And of course you can always read about POF on their website
http://synergyfinancegroupllc.com
That being said…do your own due diligence
Great idea here……………..just got scammed for 25k for a PPP from Jeffrey Ellison @ Community Finance Group. Paid up front to an escrow account for hard costs on instrument issuance. No instrument. Somehow withdrew funds and no response since. Melisa Shapiro @ Avalon Financial also involved. Same, no response. BUT…………the feds have it now, interstate wire transfer fraud……!
If anyone has had business dealings with Edmund (Ed) Wilson from Utah whose company is FGCUI (Fountain Group Companies Utah Incorporated)>>>> please post your comments here <<<<
He was pushing a Funding Platform in early 2007 and has taken in over 5 million dollars from 50+ clients which he said went to “buy bonds” that would be used to get their projects funded. No bonds were ever bought and there is no explanation as to what happened to all that money he took in.
During the last 2 years on numerous occasions he asked his clients to loan him more money so he could get the deal closed, always saying “this amount is all we need to start the funding process” but of course that was a lie. Over 750k was brought in using this ploy.
To this day he has funding absolutely nothing, returned no ones money who has requested a refund(as many have)and he continues to make the most pathetic and ridiculous excuses as to why he can’t issue refunds or fund deals.
Over 25 times (and I have the emails) he has said funds will be available on a certain “target” date and nothing ever happens.
He is a master con man and a complete fraud who has hurt and affected many people along the way.
The FBI has opened an investigation on him and soon mr. Ed Wilson will be headin down the river where he can play ping pong and take showers with Bernie Madoff……..
Peoples Management Resources and Andrew Gottlieb and his daughter Dawn take peoples money and never produce SBLC or funding as they promise. Complete Scam. Stay Away.
This is a reply to DFWDdave… It was really great that you’ve informed others of Edmund (Ed) Wilson of Fountain Group of Companies of Utah, Inc.. As stated, this master con artist set up a platform funding program in 2007 which required developers and investors to pay him $80,000 each up front.
He must have had approximately 60-70 projects. Guess what? Not one of them have been funded nor have the investors received one cent from this scumbag. Everyweek it’s a different excuse… The funds will be here Monday, Tuesday, Wednesday, nextweek. He has to go Hong Kong to sign paperwork. Oh, there’s going to be a delay with the funding because of the bad weather in Hong Kong,etc.. He has financially ruined both me any many other innocent people.
I would recommend anyone who has invested with this company to get all your documentation, contracts, wire transfer information, etc. and get with an attorney and the white collar division of the FBI.
I’m sure Mr. Ed Wilson will make many new friends in the big house where he belongs.
OK CHECK THIS OUT.
DAVID KAUP FROM PASADENA CALIFORNIA SCAM!!!!!!!!!! BUT HE WILL NOT STEAL YOUR MONEY BUT USE YOUR MONEY TO MAKE HIS DEAL COME AND TELL YOU YOUR DEAL DIDN’T FUND. I FOUND OUT THROUGH ONE OF HIS GUYS HOW HE IS USING OTHERS PEOPLE FUND TO RAISE CAPITAL AND NEVER DELIVER.
NEXT. ALEX HERNANDEZ. MAJOR SCAMMER OUT OF BEVERLY HILLS CALIFORNIA. SO MANY PEOPLE WARNED ME ABOUT HIM.
RJ CASELL OUT OF TEXAS. OLD JEWISH GUY WHO CLAIMS HE IS A SO CALLED “GATE KEEPER” TO IMF TRADERS AND FED TRADERS. STAY AWAY FROM HIM!!!
PROOFOFFUNDSLLC IS A HUGE SCAM. YOU CANNOT USE THEIR INSTURMENTS OR GET A LOAN AGAINST THEM. SO MANY PROOF OF FUNDS ARE SCAMS AS WELL.
MARK SAINT JUSTE FUNDS ARE NOT REAL!!!!
STAY AWAY FROM ANYTHING PROOF FO FUNDS OR INSTRUMENT COMING FROM HSBC LONDON OR HONG KONG… IT DOESN’T EXIST!!!!!!!
DAVE NGUYEN OUT OF ARIZONA. NOT THE REAL DEAL.
I WILL CONTINUE TO POST MUCH MORE. LET’S CLEAN UP OUR INDUSTRY!!!!!!!!!!!!!!!!!!!!
I was wondering if any of you heard about the Rockefeller Group of Miami, Inc. I have been aproached by their representativs claiming that they could finance a mining project I have using as collateral only the project itself through a 40 week program, no proof of funds required but they asked for a coloured copy of my pasport at a 200% enhancement and a power of attourney from my company to me, enabling me to enter such program and to morgage the project.
I would very much appreciate if someone could give me more information about this transactions and what are the dangers if they are not asking for proof of funds or for the advancement of any fees.
thank you
WAUW.
If I read all this information than I dont think it is a good idea to bring any client of me to an PPP.
I have had two requests from contacts to ask my Diamond sellers to put their Diamonds into an PPP.
Big returns are promissed.
Maybe I heard already to many storys, but I always think if it sounds to good to be true than it is probably not true.
My feelings are telling me that this isnt possible, if it was really so easy to make so a lot of money, why the banks or these people offering these PPP aren’t buying the goods and do it by them selves???
They could be very rich on that way.
NO I dont believe in PPP, I believe in what I sell to clients.
Hey guys you all are doing a wonderfull job by contributing to this blog. Great. I would like to inform you all that even TC HOLDING AG , from Europe is a scammer . The company is represented by Gunter Monseller and their mandate Sumeet Gupta. Please be aware from these people as they are real scammers.My client has given them $10000 for a RWA/pre advise for leasing a BG but in vain. My client would be filing a legal sue very soon.
I really want to know if someone has really closed a deal of leasing any bank instrument. There are so many clients in the market who are looking for leased bank instruments , Are they just wasting their time ?
Hello BizKing,
Please refer to the article “Bank Instrument Leasing, the Untold Story”, to answer your questions about the viability of instrument leasing. This should help clear some things up.
Thanks for your posts everyone!
its amazing how many scammers there are out there.
we do trades for foundations etc on a regular basis. these trades do work i can guarantee that. You do not pass me any money we let you deal direct with the bank and platform on a jv basis.
we just get the deal done.
email me if you would like to know more
sayed@saygem.co.uk
STAY AWAY FROM – BARRETT CAPITAL EXCHANGE, Ontario Canada
TOM McKenzie and Michalea Barrett and LAUTON FUNDING, NEW YORK ,NY
I was recently conned by a Canadian company called Barrett Capital Exchange in Ontario Canada who works with Lauton Funding in New York City.
This is a group of “thieves” that are really “brokers” that claim they are lenders and say they are worth 400 million and can fund projects within their group or have lenders outside the group for larger projects. The lead person who screens projects and makes you believe they are ready to fund is Tom Mckenzie. He works with his daughter, Michalea Barrett who makes sure that all the complaints that come in over the internet about Barrett Capital Exchange are washed away by adding additional comments about how great Barrett Capital Exchange is, so the complaints drop the the 2nd and third page.
They ask for the usual due diligence fee’s which they literally are pocketing. They use a guy to do what they call is a SWAT report. This jokers name is Tony Quance also located in Canada. They use all this paperwork to say they really looked into your project when in fact, they try to find fault to justify pocketing your fee’s.
STAY AWAY FROM BARRETT CAPITAL EXCHANGE AND LAUTON FUNDING (NEW YORK, NY)that works hand in hand together to get fee’s from clients. Lauton Funding charges a fee to give an LOI received from Barrett Capital Exchange. In other words, one pays fee’s to both of them but Lauton then takes the position that they delivered an LOI and covers themselves legally as giving what was promised to the client.
This is nothing more then a fraudulent daisy chain of collecting fee’s. They should be investigated by the authorities but because Barrett is located in Canada, the FBI has zero jurisdiction.
Nice scam this is but it is sad for legitimate companies that are trying to put others to work have to be faced with while Tom McKenzie,Michalea Barrett and Joseph Polanco of Lauton Funding are living large on these companies fee’s and funding no one!!!!
NOTE FROM INSIDETRADELLC STAFF: We were contacted by Lauton Funding’s legal department and they disputed this post, and claimed to not know the individual who posted this comment. Either way, we thought it was only fair to inform the community of their rebuttal.
I would like to respond to this person. Either on this forum or directly. The problem I have is false names. I do not know a John Harris and do not respond to anyone that won’t identify themselves. We refund fees when we have made a mistake, or done something wrong, or when a client finds their financing somewhere else, in the same manner they asked us to fund. I would welcome a debate, but I will not sit back and not respond to slander. So Mr. Harris identify yourself, or call or email me directly. I have not had a request for a refund from John Harris, and if he is real, lets discuss what it will take to make you happy. I await whatever is to come.
Has anyone ever hear of Stuart Cardall (from Gibraltar no less!!)?
John Harris?!?! AH H AH AH AHAHAH A HA HAHAAHHAH
Don’t believe a word coming out of his mouth. He’s an idiot broker who thinks his garbage can ACTUALLY get funded.
Just ask him if he got anyone else to close his deal. What a moron!
I close real deals with Barrett all the time. And Jo Polanco? A professional through and through.
John Harris, what a joke! HAH AH AHAH AH A H HAH AH
Junior,
Can you give me some more info. on RJ Casell. I have a friend of mine that ran across him and is supposed to be submitting a deal to be used as colleteral for trading. Interested in your experience.
Please be aware of RICHARD A. SCHULENBERG
2286 Betty Lane, Beverly Hills, CA 90210
Since a friend of mine (a real one-not a computer friend) wired 500K, we have located over 2.8 M wired to his BOA attorney escrow account.
Despite the Ca Bar Assoc not posting the case number, there is a verifiable case number, investigator, and client(s) who will glady show there proof of wire to him.
Two separate scams: CMO buy/EXIT and another
email for details :BPVLLC@aol.com
We were scammed by Mr. Gregory P. Cobbs from New Jersey
Sent him USD$750,000.00 for funding an account with USD$100,000,000.00 for trading purposes.
This never happened, + excuse after excuse.
2 years later, nothing !
Friends were too scammed by the same man.
Type his name on google as there are listings posted with scam.com and other fraud websites in relation to this mans fraudulent activities.
Thanks
Chris George
http://www.BankTrading.net
This is a great forum, I am really glad I found it. Has anyone heard of or worked with either of the following people:
Louie Moss
Marcus Barcroft
Both of these gentlemen are proposing a leased funds platform.
Thanks,
Bill D
Yep…scammed for $300K with Edmund (Ed) Wilson from Utah,
FGCUI Fountain Group Companies Utah Incorporated.
Total bogus.
Excuse after excuse, been waiting for 2 years for our money back.
I wonder how deep this scheme goes…are the various brokers involved in on the scheme as well? Maybe, they seem to defend him or were snookered as well. It’s cost us our home & business.
Devils like this should not be allowed to function in our society.
S. KING-
May I ask you if you filed with any authorities?
I have spoken to many victims who have not filed a complaint with the SEC, FINRA, and their local authority. It is so important to file everywhere possible.
May I say to everyone..post the fraudsters info so it shows on a google search.
NAME, ADDRESS, PHONE NUMBER, FAX NUMBER, ASSOCIATES NAMES, EMAIL ADDRESS
GET IT ON THE BOARD!
Great post Lauren.
More people need to take action when they are defrauded. Thanks for the insight.
Keep em comin.
Has anyone ever heard of Diamante Holdings LTD? They say they run a managed buy/sell program.
To Melanie,
No one I know has ever had any luck with Stuart Cardall. I’ve
heard he’s never closed anything.
Hey JAM. Sorry I was on vacation! YES MY RJ CASELL IS NOT THE REAL DEAL. ONE OF MY FORMER PARTNERS FROM THE PAST WAS DOING A DEAL WITH HIM. SHE HAD 2 CLIENTS WITH OTHER 300M OF CASH LIQUID AND WANTED TO MOVE FORWARD INTO ONE OF HIS SO CALLED TRADES. NOTHING CAME ABOUT. HE TRIED TO TURN US AGAINST EACH OTHER BY SAYING YOU DON’T NEED TO PAY HIM ANYTHING OUT OF THE CUT. ALSO I BROUGHT HIM A CLIENT FROM OVERSEAS WITH REAL MONEY AND BASICALLY HE RUINED MY CONTACT AND MY INVESTOR RELATIONSHIP PRETTY BAD. WHEN I TRIED TO CALL HIM, HE WOULDN’T RESPOND…. PLEASE STAY AWAY FROM HIM. HE LIVES IN TEXAS IN AN APARTMENT OK!!!! NOTHING WRONG WITH THAT BUT WHEN HE CLAIMED TO HAVE MILLIONS AND MILLIONS AND MTN PAPER BLAH BLAH BLAH BUT YOU LIVE IN AN APARTMENT??????????????????????????????? PLEASE STAY AWAY. SORRY I DON’T WANT ANYONE ELSE TO LOSE TIME, CONTACTS, OR RELATIONSHIPS BECAUSE OF BOGUS PEOPLE.
ALSO STAY AWAY FROM H.M TORREY OUT OF CALIFORNIA WHO WAS AN ATTORNEY!!!!!!!!!!!!!
HE IS IN CURRENTLY IN VEGAS TRYING TO DO HIS THING… STAY AWAY FROM HIM.
I HOPE THAT HELPS JAM… GOD BLESS
I read the rebuttal from Lauton Funding who works right along with Tom McKenzie at Barrett Capital and Prospexx.
Lauton Funding asks for upfront fee’s to deliver meaningless LOI’s from Barret Capital. Then Barrett Capital also charges a fee. These two people work together to form a daisy chain to take fee’s from clients.
Tom McKenzie is a broker and when he does not deliver, he has what is called a SWAT report done by this joker Tony Quance to defend his position and tell the client he has delivered what he said he would deliver. The only thing he does not deliver is funding.
Once again, Lauton is making money with Barrett and Tom McKenzie. My client whom I will not name is just one victim of their scheme.
I would not go out of my way to waste my time writing this but when I see an injustice of this nature done to one of my clients by a company that hides in Canada, like Barrett Capital Exchange, Tom McKenzie or a dubious individual like Lauran Bonaparte, one of the principals of Lauton Funding, that takes fees only to hand the client a meaningless LOI, this is truly despicable!
I truly did not pull all the names mentioned here out of the sky so if any one of these individuals wants to say this story is inaccurate, then you be the judge!
Hey guys I also heard about Rj Casell. Stay away. Also H.M Torrey.
Stay away too. They cannot deliver on anything. For 3 years I have searched and searched and nothing until 4 months ago. There is one company that is legit. http://www.privategroupcapital.org
I have been doing well with them. No 10000000000000000000000% percent return crap but I’m doubling my cash also every month.
Aloha
I meant to say also every month. There the real deal. SO i wanted to show Aloha to them.
Bowz Management and Luis Rodriguez are a bunch of phonies, they will steal your clients and try and get you to give them money. Stay far far away, they are no good.
Marie Clemens is a phony she will try and get you to give you the names of the buyer and then run off with them and you will never know what the out come is. She works with Debborah Larsen who does the same, they both say they work for government agencies. Stay away!!!
HEY FLORIDA FRAUD.
BOWZ MANAGEMENT??? REALLY WOW… LUIS RODRIGUEZ SAYS HE IS DIRECT TO THE EVERGEEN TRADE WITH SOME GUY BY THE NAME OF DR PIPPEN. HIS WEBSITE http://WWW.SBLCFINANCING.COM WOW. THANK YOU VERY MUCH FLORIDA FRAUD. MAN. I LOVE THIS SITE. I’M TRYING OUT TWO OTHER SOURCES. I WILL LET YOU KNOW HOW THEY PAN OUT. OH WAIT!!!!!!!! DAN LYONS FROM WBC UP IN WASHINGTON STATE IS FRAUD. HE SWEARS UP AND DOWN HE IS THE REAL DEAL. SOMEONE I KNOW TRIED TO DO AN MTN PAPER DEAL WITH HIM AND HIS SO CALLED PEOPLE NEVER HAD PAPER. WHAT A WAIST OF TIME!!!
THANKS GUYS. KEEP UP THE LOVE AND SPREAD THE KNOWLEDGE.
HEY GUYS…. HAVE YOU HEARD OF KAI LASSEN??????
Kai Lassen, Esquire
Rockwick Capital, LLC.
1000 N West St
Wilmington, DE 19801
302-540-5030
I DUNNO ABOUT HIM. HE IS A LAWYER I THINK. WELL LEASE INSTRUMENTS ARE NO GOOD AT ALL.
HEY MAVAI. MY GOOD FRIEND IS INVESTING WITH PRIVATECAPITALGROUP. SO FAR SO GOOD.
WELL I WILL KEEP SEARCHING AND POSTING. THANKS GUYS.
BUMP
Please be aware of RICHARD A. SCHULENBERG
2286 Betty Lane, Beverly Hills, CA 90210
Please be aware of KELLEY OLIVER and CHRIS BROWN of WPLEGAL.
Facts:
Took money into his escrow account early December 08
Contract states we will be paid by end of the month.
Money was never to leave the account.
Kelley Oliver is in prison for wire fraud – Schulenberg supposedly knew about this before he took money n his behalf.
Chris Brown is out on probation, he told us he could not communicate with us or it would violate his terms of probation. Clearly, he has not taken that to heart (see below)
Clients have nothing to show for it – He will NOT release their money even thought the facilitator was incarcerated for WIRE FRAUD.
MOST RECENT EMAIL FROM R SCHULENBERG re: THE TRANSACTION
Everyone:
Chris called this afternoon to say he finally received a message from Jessica. She confirmed her understanding that the Princes would be traveling to New York on the 10th. She is still in Jordan and doubts that she will travel to New York.
Coincidently, I had earlier sent an email to them asking if I should be making travel arrangements for the 10th.
The following two items don’t have any specific value regarding the New York trip, but they did raise my comfort level:
1. Last week Chris told me that he spotted the two Princes twice on international news programs in the last couple of weeks. I find this heartening in that they are prominent enough to be “news” and have a public image and high profile. Presumably, any hanky-panky funny business on their part would be big news and a public embarrassment to them. In both sightings, they were in Saudi Arabia.
2. I was having dinner with an old friend I hadn’t seen for years. He told me he had spent 6 months in Dubai. I mentioned my communication (or lack thereof) problems with the Princes. His statement: “They all do that. It drove me crazy working there. You can never get a reply from them when you need it. They do it when they get around to it.” I have to say I was pleased to hear that we haven’t been singled out for this kind of behavior, that everyone has the same problem.
As always, you will get updates as I receive them.
Rich
This is how he – a lawyer – reasons that this is all good.
There is so much more to this story I can’t even to begin to post it all on here. If you have been victimized by one of his “street teams’ and been conned into placing your money with him only to have it be lost, contact me. We are putting something together along with others who have been scammed by RICHARD SCHULENBERG or WPLEGAL.
Oh, and today is the 10th
reohustle@yahoo.co
Just wanted to let you know that I have been looking for two months and have been in touch with three of the Scammers posted on this blog. Lauton, Proof of Funds, SBLC….my connection to all of these was through a broker. In trying to get the hospitals and medical centres funded via a PPP, if it was not for a consultant in London, we would have been scammed all the way through….This is a serious issue and we have lost lots of time in getting these projects off the ground. We need to do something about this for the people that are truly legit in their programs and purpose. Thanks for your input…let’s get together and somehow change this industry.
Junior.. What else do you know about Torrey? You mentioned he is in Vegas and he was an attorney..? is he not acting as an attorney anymore. His bar licence is still active.
I gave Mr. Torrey and his Law Office of HM Torrey $30,000 to work on a funding platform back in 06/2008.. After many months of giving me the run around I sent him an email telling him to give me my money back and he replied saying he is filing BK.. I have filed a complain with the Cal State Bar but they have not heard back from him. There is a large group of people that are in the same situation that I am in and some are planing a Class lawsuit to go after this so called Christian attorney for criminal acts. He is nothing but a crook so please stay away from him.
BizKing-
100% there are companies who lease instruments successfully. A matter of fact I have a client who leases them for his business annually.
HOWEVER- What is difficult is thinking you can pay call option and pre-advise, deliver to a “trade-program” and they pay for it- BIG PROBLEM
Whether it is leased funds or a leased instrument the mechanics of the transaction are for the sophisticated. It is virtually impossible unless you are dealing with the principle of the program and high level rep for the leasing process.
Unless you are dealing with both directly DO NOT RISK YOUR MONEY oR ANYONE ELSE’s!!! The only winner will be the leasing company.
Lauren
BPVLLC@aol.com
Great site and blog. It’s true that 99% of the brokers out
there are non-performers or worse, and I’d like to think
I’ve met 85% of them, but maybe that’s optimistic…
I promise to weigh in on every name I know that I come
across here,and hopefully get the same in return. For instance,
I’m in total agreement on Unity One funding. A bunch of
clueless knuckleheads (Scott) trying to talk tough (Richard).
They suffer from a common malady I call the “masterbroker”
syndrome, a form of joker-broker but just with more delusion,
narcissism, aggression or a combination thereof, whereby they
pretend to be a big facilitator to a major platform, but are just
collecting files to shop for whatever they can find–usually just
more masterbrokers, but no program.
Speaking of which, has anyone had any experience with someone
I suspect may be another masterbroker–Allan Shepherd
of Private Capital Holdings in Helena, Montana? Thanks.
Which reminds me, about a year ago I spoke to a gentleman at Diamante Holdings, in this case on my behalf as an investor. I felt a somewhat sinister and dark presence on the phone, but asked for their docs anyway.
I think it was the NCND that wanted me to agree to pay them $250,000 in the event of any fraud or misrepresentation on my part. Breathtaking. That pretty much tore it for me.
ANYONE EVER HEARD OF AN LOUIE MOSS????????????? SUPPOSE TO BE AUTHOR OF AN BOOK.
I’M SICK AND TIRED OF THESE POF GUYS. ALL THEY WANT TO DO IS TAKE YOUR MONEY. IF I AM WRONG I AM SORRY BUT I WANT TO SEE A TRANSACTION WORK WITH AN PROOF OF FUNDS.
Great posts “altinvest”, we really need people like you to help educate and protect the less experienced. Also, your writing style is very gripping.
Thank you very much for your time, and all of your additions to this blog!!!
Junior,
I have heard of Louie Moss and he did write a book, but not sure that means anything. I posted on this site on 8/3 asking if anyone has done anything with him, but no responses in regards to this guy.
Sorry I can’t help with more information. All I can see is just keep watching the site and see what comes up.
H.M Torrey has 5k of my funds. I am sorry he has done that to you as well. Yes he is in vegas trying to change his name from my understanding. As I said previously, I have moved on and finally got into something truthful and legit. Look the truth is this. Finding a real provider is like looking for a needle in a haystack!!!! it is truly truly truly a honor to get into a real trade not a RIGHT!!!! If you think you can get into this world with nickels and dimes you are sorely mistaken. You have to realize that this is for the elite and were trying to get involved. Also if you are not protected and have the proper corporations set up you are setting yourself up for disaster. Trust me! I have seen it happen time and time again. Be careful and know who you are dealing with. I already gave my recommendation and I hope we can clean up this bs. Aloha
John Harris,
We are currently working with Barrett Capital Exchange and Lauton Funding. I would ask to speak with you about your experience with them. I am worried we might be caught up in this same scam. Please email me at calebwilliams100600@gmail.com.
Has anyone heard of Private Capital Holdings in Helena, Montana?
Has anybody heard of Louie Moss?
MAN I LOVE THIS SITE. THANKS FOR EVERYONE POSTING THEIR EXPERIENCES WITH DIFFERENT INDIVIDUALS. LET ME SAY THIS. I WAS WAITING TO SEE IF MY BUDDY WOULD SEE RETURNS PAST 1 MONTH AND HE HAS. I WAS VERY SHOCKED TO SAY THE LEASE. IT IS TRULY HARD TO FIND ANYTHING UNDER THE MAGIC NUMBER 100M. IF I DIDN’T KNOW MY BUDDY REALLY WELL AND TRULY WATCHED HIS BANK ACCOUNT GROW I WOULD SAY HE WAS BULL@@@@ING ME. PRIVATEGROUPCAPTIAL.ORG IS THE REAL SH@@. ON TO A DIFFERENT SUBJECT, MORE NON PERFORMERS.
1. LUIS RODRIGUEZ BOWZ MANAGEMENT……. SUSPECT
2.THE RANGER GROUP TEXAS…… SUSPECT
3.ROY MANN FROM NYC……. THE JURY IS STILL OUT ON HIM.
4. ROLAND ASHBERRY FLORIDA. SUSPECT.
5. MARK MARSALISI TEXAS…. NO COMPLAINTS AS OF YET.
6.H.M. TORREY… SUPER SUSPECT CALIFORNIA
7.RJ CASELL… TOTAL SUSPECT TEXAS
8. CHRIS EAVES… SUPER SUSPECT
9. HERMAN SEO….. STAY AWAY FROM HIM….. CALIFORNIA
10. ALEX HERNANDEZ SUPER SUSPECT….. CALIFORNIA
11. DANE BRIADIER SUSPECT SUSPECT….. http://WWW.POFLLC.COM
12. TONY BASS…… ULTRA SUSPECT!!!!!! ATLANTA GEORGIA.
13. TO EVERYONE THAT SAYS THEY HAVE ACCESS TO MTN’S STOP LYINNGG!!!!!!!!!!!!!! YOU DON’T
I AM GOING TO INVEST WITH MY BUDDY AND MOVE ON. THANKS AND I WILL CONTINUE TO POST MORE AND MORE UNTIL OUR WORLD IS CLEANED UP!
Has anyone worked with the IRA network, out of NY?? They want upfront “due dillagance” fees. Kinda fishy??
Does it make sense to look for funding in this forum, instead of putting it out there to be preyed upon by vultures?? I am looking for funding for a vertical wind tunnel in the Tuscon area..
Any thoughts??
Marc,
We’re dealing with Private Capital Holdings right now, and will let you know. Jury’s still out. You’ll notice I asked about them the other day in an earlier post.
Junior,
Good stuff–I’m in total agreement about everyone you mentioned that I know (about half). But I must add, IMHO, Mark Marsalisi is a masterbroker who pretended to be the “compliance officer” to a platform when he was nothing but a feeder to a woman named Nancy Edwards, another clueless and arrogant (a bad combo) masterbroker who will call clients that aren’t hers even after she’s been sent a C&D.
Others MB’s/non-performers to avoid:
Kevin Vickers, Minneapolis – extreme masterbroker – rich kid, exaggerator, claims all kinds of wild things, but doesn’t deliver in the end. Doesn’t even like the business. Go figure.
Dino Awadisian, Glendale, CA – scammer and the father of the “Magnet Program.” If you get a topsheet for this program, burn it. The reason it’s called the Magnet Program is that he takes a
magnet to your funds and you’ll never see them again. Feds are aware.
Andy Kirsch, Dallas area – desperate, up-front fee scammer if he can get it, claims everything, has nothing. Loans, asset monetization, PPPs, you name it, he can’t do it.
Nicholas Aaron, Atlanta – sounds like he’s at the bottom of a well on the phone. Zero game.
“TK”, Dallas area – Nice guy, professional on phone, but hooked up to absolutely nothing. Recently was pitching the Magnet Program.
Beverley Campos, Marin County, CA – successful RE broker, unsuccessful PPP broker, but this doesn’t stop her from bending your ear with her English accent, dropping names until you want to drop dead from boredom. Time waster on an hourly, weekly, or permanent basis if you let her. Hard to get off the phone, so best to not even start.
More later.
Stephanie- Moss was mentioned on a few earlier posts. If you scroll back you can read.
Here are some names that have been reported to me / be aware:
Cheryl Childress- gentleman in AZ looking to speak to anyone who has had unsuccessful dealings
Chinagozi Nwanko – Elitist Capital TX or NV
Richard A Schulenberg – Beverly Hills CA
Clients who have fraud in paper work or misrepresentation:
Lassica- German passport
Little – Florida
MGK Enterprises- Abdullah
MKPRODUCE- GA
My favorite quote:
“Silence is a fraud’s best friend”- A. McGuire Fraudaid.com
Hello Everyone,
We have been so pleased with the number of posts that we wanted to get your opinion on expanding the “blacklist” idea.
In response to the obvious need, we were considering the possibility of adding a Fraud Protection Discussion Forum. This would focus on the private placement world, as well as other related investment areas. As you may know, Discussion Boards/Forums offer better interaction and organization for the user. In addition, we believe this would promote a more efficient community, and allow for easier access to information.
If you can, please post any opinions or ideas you have in relation to the Discussion Forum. By assessing your input, our firm will customize the new Forum to meet the preferences, and interests of our growing community.
Thank you once again for your assistance.
TO ALTINVEST. THANK YOU SO MUCH!!!!!! WE WERE TRULY WONDERING ABOUT MARK MARSALISI AND NOW WE CAN PUT THIS ONE TO REST. HAS ANY ONE HEARD OF ANDRE THOMPSON OUT OF NORTHERN CALIFORNIA? HOW ABOUT SUSAN GROSSMAN FROM LOS ANGELES CALIFORNIA? WHAT ABOUT VICTOR FROM NAMC WORLDWIDE OUT OF NYC?
Fernando Alvarez.
Director of International Market.
http://www.GGROUPCAPITAL.COM
G GROUP INTERNATIONAL, LLC
4004 Genesee Place. Suite 105
Woodbridge – Va 22193
ANTHONY FERLAZZO PRONTO COMMERCIAL??? ANY WORD ON HIM
OK PEOPLE TO STAY AWAY FROM.
FRED AT USSET.COM HE IS POF SCAMMER OUT OF NEVADA.
SAM WALDMAN AND GARY WALDMAN OUT OF NYC.
RICHARD TRASK OF SAN FRANCISCO
WELL THAT IS ALL I HAVE FOR NOW. I WILL CONTINUE TO POST. THANKS GUYS
Alt Invest,
Can you provide any more info on your dealing with Dino Awadisian. Have someone who was looking at him for a program. Any additional insight would be appreciated. Thank you.
alt Invest i have had recent dealings with Kevin Vickers where he posed as an escrow agent do you have any more info to share about him.
sbquest,
Hmm, very interesting. I’m not sure what’s up with that guy. He’s not an outright scammer, although that certainly qualifies as misrepresentation. He claims to have closed PPP deals and is certainly not broke, but we have reason to believe that family money accounts for more than a little of his holdings. Not that there’s anything wrong with that, unless you infer it’s all from PPP.
He claims to have been a super-successful mortgage broker for seven years. He now does the RE buy-rehab-sell thing in the Minneapolis area, and spends a lot of time remodeling his own house. I get the sense that RE is his first love, not that there’s anything wrong with that either, just don’t lead everyone down the PP path and promise it’ll close on Thursday, then not return calls Thursday thru Monday. Hate that.
He wasted five months of our time dragging us through a PPP which turned out to have involved a leased instrument when the client we brought him had cash, and it didn’t need to. There was always a new twist to the story, nothing was ever explained very well. He’s among the worst ever at explaining the mechanics of a deal, and over the months as the story changed, we soon realized he had lied many, many times.
When you’d try and nail him down on specifics, he’d get condescending and/or have to take another call. Always that other call to get you off the phone. then he wouldn’t call you back. Got REAL old. Not prompt with paperwork because he really doesn’t care one way or the other. Made many promises, delivered next to nothing. Very tough to deal with and very unprofessional in my opinion.
I’m new to this site and find it very interesting and worth a second look and participation. I have recenlty investigated several scams pertaining to fundings similar to those mentioned above, mainly from European cons and fundings. I’ll be sharing some of those names in a few days when I get back to my office.
Ray
International Bank Search Experts
Offshore and Hidden Bank Account Locate Source
Is this the Kai Lassen you were asking about? If you google him you can see where he lost his law license once, maybe twice for fradulant billing, but has been reinstated.
Any complaint should be directed to the BAR in DE. They may be interested.
Kai Lassen, Esquire
Rockwick Capital, LLC.
1000 N West St
Wilmington, DE 19801
302-540-5030
Dino Awadisian
Kevin Vickers
Personally, I have had unpleasant BS conversation with Dino-
I put a few calls out on both of the above- Don’t waste your time!
alt invest,
you can reach me at jcrizane23@yahoo.com. Thanks for the insight, much appreciated.
Lauren,
It occurs to me that I know of a Cheryl who Kevin and Dino have tried working through. Didn’t know her last name, and perhaps it’s her. Something tells me it is. And might that gentleman in AZ have the initials R.H.?
James,
You’ve got mail.
WOW!!! serious investors don’t give up their are real good platform out there, just tighten up you DD when dealing with these so call brokers. I’ve learned if there’s an upfront fee it most likely to be a waste of time or scam. First most platform traders don’t solicit their information. You have to know someone to get involved. The one that are giving serious ROI. Investors goggle Ginnie Mae, this is a great US government back program, several of my associates and I has been working with this program, if you would like to know more about this program contact me zw@tidalwavecorp.com.
Stop wasting your energy on these European platforms, it’s just to risky, only 1% of those traders are winners. And a lot of our brokers in the US are lazy and don’t do research. Note; the commissioners are charging brokers now for the lost of clients funds. Please… do your due diligence before contacting me, before we jeopardize our company position with Ginnie Mae, we will blacklist you.
I wish you all the best of success!!
Zabireal Washington
877.243.6565 ext.675
zw@tidalwavecorp.com
Hi
I read the note from Bizking about TC Holding.
Are you the only one who has had this experience with this firm, or are there more of you?
Would like to know more asap as one of my clients is in talks with these guys
Hi, Lauren and Junior youhave mentioned Cheryl Childress and Fernando Alvarez – any info on them?
ALTINVEST- I didn’t get your email but I would have liked to read it.
Tidalwave- I did get your email.
A matter of fact I am going to voice my opinion (even though I was not asked)
This forum is to help protect investors and brokers. Even though you may be acting in a thoughtful manner by soliciting for your program I am not on this board to be solicited.
Personally, I am available to speak or email with anyone on site, but please do not list me to receive your solicitations.
Keep listing names, numbers, address’s of those who have taken of advantage of you and or your client’s
For those of us who work very hard in many facets of this industry- those who take money upfront, waste everyone’s time, and who are unprofessional need to be called out!
Hi,
Has anyone ever deal with Ursula Arguedas of NYC?
Thank you.
Anyone heard of a Jas Takhar in Yuba City CA? Getting some weird vibes about her.
Thanks for your respond Lauran it has been implemented into our data base. Your email address along with everyone else who has received a brief introduction about GNMA program has been deleted. We don’t spam.
I can post a list of bad people that’s scamming,with out clients/investors doing their own due diligence and investigating each program it merely a waste of time.
I’ve seen a few names posted on the bad list, I have proof they’ve done successful deals with associates of mine. Every deal will not be a success, each deal is different. I ask investors to do just a little homework, it can save you some heartache in the future. Investors check with Homeland Security, BBB,ICC, US Embassy in the area where the platform is located. If there’s no Embassy in that area,don’t chance it, pass up the deal.
Scammers will forever be around, business must continue on. While investors are looking for large ROI overseas and losing big, our government in the US is asking for help from investors with less risk to their funds. Most investors still aren’t stepping up to the plate.
What better security or protection can the investors get than investing in a program that has paid investors billions in the last few years. Contact your local political person, you will be surprised the connection you create when giving a 1K to a politician favorite charity.. HOMEWORK!!! HOMEWORK!!!
HEY GUYS, I HAVE SOMEONE VERY CLOSE WHO SAYS FERNANDO ALVAREZ IS LEGIT, HOWEVER I WANT TO SEE THEM GET PAID OUT SO THE VERDICT IS STILL OUT OF THEM.
TO TITLEWAVECORP. I DON’T THINK ANY POLITICIAN OR ANYONE IN GOVERNMENT IS GOING TO GIVE YOU ANY TYPE OF INFORMATION ON THINGS LIKE THIS. NO DISRESPECT TO YOU BY NO MEANS WHATSOEVER.
LET ME TELL YOU WHAT THE REAL PROBLEM IS. 98.9% OF THE POPULATION OF THIS PLANET DON’T HAVE 100 MILLION DOLLARS TO ENTER INTO ANY TIME OF REAL TRANSACTION. THIS IS WHY YOU GET THE IDIOT POF GUYS WHO WANT TO SALE YOU A LEASED INSTRUMENT OR ACCOUNT FOR A FEE BECAUSE THEY KNOW THAT IT WILL NEVER WORK. YOU HAVE TO BUILD YOUR NET WORTH IN ORDER TO PARTICIPATE IN THE REAL DEAL. ON OCCASION YOU MAY FIND SOMEONE THAT CAN ACTUALLY PRODUCE ON A SMALLER LEVEL BUT THAT IS DUE TO PIGGYBACKING ON A REAL TRADE. MY GUY HAS BEEN APART OF SOMETHING THAT HAS PAID OUT FOR A WHILE DUE TO A REAL TRANSACTION TAKING PLACE AND BEING ABLE TO PIGGYBACK OFF OF IT. I AM SORRY TO SAY BUT UNLESS YOU HAVE REAL CAPITAL OR HAVE SOMEONE THAT WILL ALLOW YOU TO PIGGYBACK YOU’RE BETTER OFF DOING SOMETHING ELSE. I MEAN GOSH IT IS SO LAUGHABLE WHEN YOU HEAR THESE INVESTORS WITH 100K TO 1MILLION DOLLARS TRY TO DICTATE THEIR WAY AND THINK THAT THEY HAVE ALL OF THE PRIORITIES WHEN IT COMES TO TRADING. NO ONE WANTS TO MOVE THEIR FUNDS EITHER. HA ARE YOU SERIOUS? HOW ARE YOU GOING TO ENTER INTO AN REAL TRANSACTION WITH 100K OR 1 MILLION DOLLARS?????????? OK LET’S SAY YOU CAN LEVERAGE YOUR MONEY 10 TIMES YOU’RE STILL FAR AWAY FROM ANYTHING. YOU NEED TO UNDERSTAND THIS. UNLESS YOU’RE WILLING TO MOVE FUNDS WHICH MOST AREN’T OR PIGGYBACK INTO A REAL TRANSACTION IT WILL NEVER I REPEAT NEVER HAPPEN FOR YOU!!!!!!!!! AS I SAID EARLIER THERE ARE CERTAIN TRADES THAT TAKE PLACE EVERY SO OFTEN THAT YOU MAY BE ABLE TO WORK IT BUT THEY ARE RARE!!!! IN THIS INDUSTRY IT IS ALL ABOUT RELATIONSHIPS. MY GUY WHO IS MAKING MONEY WITH PRIVATEGROUPCAPTIAL.ORG IS ALLOWING ME TO PUT MY MONEY WITH HIS BECAUSE THEIR SMALL TRANSACTION IS FULL. I AM VERY UPSET THAT IT IS BECAUSE I WANTED TO GET IN AND MY GUY WAS TELLING ME IT WAS GOING TO CLOSE OUT AND I WAITED FOR SOMETHING ELSE AND IT DIDN’T PAN OUT. LEARN FROM ALL OF THE POST AND EXPERIENCES. KNOW THE PEOPLE YOU ARE DEALING WITH. UNLESS YOU WANT TO TRADE CURRENCIES GO FOR IT.
ON TO ANOTHER THING.
I HAVE LEARNED THIS THE HARD WAY. IF YOU DON’T HAVE THE PROPER LLC’S AND IBC’S THEN YOU’RE SCREWED. I WOULDN’T TRADE DOMESTICALLY IF IT WAS THE LAST THING ON EARTH.
I WILL LET YOU KNOW ABOUT MR FERNANDO ALVAREZ WITHIN THE NEXT 5 DAYS.
TILL THEM TAKE CARE!
JV Crater:
If you would like to email off board: BPVLLC@aol.com
I will be willing to provide names and numbers of those who have had failed experiences, lost money, and wasted time but I can not post.
Junior I guess that’s why the rich keep getting richer, you have to learn how to make connections. My mentor has been a lobbyist for the last 30years and have invested into this program back in 1996, he’s well off now. Do your HOMEWORK you will see Ginnie Mae has paid out to investors for years. This corp. was established in 1968
Can anybody help me understand why investors look for PPP in other countries, as if the US Government don’t trade. That why I love this America anybody can get rich even dummies.
There’s 17 trillion worth of bad real estate debt in the US, NACA has been cutting mortgages just to keep more mortgages from being place into the felling market. And these bankers are dealing (trading) with the government with their assets, trying to place money into the economy. HUD halted their bulk REOs program do to lack of support by US investors. It unreal that we’ve only gotten a couple US investor to consider participating in this program.
OK investors keep searching for that big payout in foreign PPP, and keep listing to these experts that know the business, yet aren’t closing any deals. Maybe after losing most of your funds it will sink in, invest at home. You stand a better chance of locating your funds if taken. I love this site!!!
Much success to all,
CLOSED
I have traded FX with Stuart Cardall. He did welll for me and is still doing well. But the amount in 10 K not millions.
Has anyone done any business with Marcus Barcroft? Bill D. asked about Marcus on this blog on August 3. It appears that blogger, S. King responded to him, but I am not sure. In any event has anyone done any Leased funds platform investing through Marcus Barcroft? Let us know.
does anybody have any current information on Hoyt Michael Torrey?.
Any information would be great.
thank you
M Beckles,
My colleague has spoken with Marcus Barcroft on a couple of occasions but it has not gone any further, so I really can’t pass judgement on him.
But the point is, the broker may be perfectly well-intended, just trying to make a commission on placing your funds with a leased instrument provider. This is still a really bad idea for the investor because 99% of working platforms will not take leased instruments, so you end up buying something that has utterly no value, and can’t get you where you want to be. It’s like bringing a Dodge Dart to race the Indy 500.
There’s no reason to waste a solid six figures on a worthless instrument when there are viable options for 100-500K with solid returns.
Lauren Bonaparte priciple of Lauton Funding is a complete fraud and a liar. Stay away from her.
Has anyone heard of large “Trusts” that want to fund real estate or humanitarian projects? They claim to need 10% of the project in a LOC Blocked for a year. The 10% can be leased at 4% of face, up front cash which will be drawn down in escrow prior to funding to cover the cost of the “leased instrument”.
The funds are paid out over a 12 month period and the borrower is not charged interest. In fact, the funds are never repaid except when real estate is involved. Equity in the project is given for the funding. Sounds like JV money, but am concerned about the up-front payment of the 4% to “lease” the POF instrument.
Please comment
JW,
You SHOULD be concerned. Have you read the leased instrument and pof horror stories already posted on this forum?
I suggest you start at the top and read carefully. I am among those here working hard to dissuade people from engaging in POF or leased instrument deals. I just weighed in on this a couple of posts back.
There’s no reason to use a leased instument or a pof to fund anything, period. Can you borrow against a house that you’re renting to fund a project?
So, knowing that, would you give a “provider” 4% of what they tell you is the value of your rented house in upfront cash?
I’ll say it again–in may cases, there are ways to safely grow that 4% cash into something that CAN fund your project. You don’t need to buy what in most cases is a worthless piece of paper.
altinvest,
Thank you for your comments and I invite all others to do so as well. Please make sure you undestand that the “Trust” claims to be in the position to fund my project for over $50,000,000. They are asking for 10% to be placed into a LOC that cannot be touched by either party for a year and a day. I can put $5 million into escrow without leasing an instrument. Although, they tell me I can simply lease their $5 million for $200K. They say it is fine either way. Many of the other blogs here seem to be discussing investors looking to invest in PPP’s, where I am looking to receive funds from this source. Please advise.
The other bloggers seem to be talking about investing in these PPP’s. I am asking about a “Trust” which is interested in funding my project for $50 million and are asking for a 10% LOC. I can put up the $5 million. They are advising I use their leased instrument which carries a cost of 4% or $200k. I don’t wish to invest my $5 million and wait for the day when it balloons to $50 million.
Please advise
Anyone heard of Virgil Hentz?
Folks, most of you are reading and believing blogs from a Lauren. I have had direct dealings with this person and I can tell your firsthand that she is someone to stay away from. Dont let her know your name or business. Please be very careful of this person. She is not a professional. She is a liar and a con. She will tell you that she is a number one assistant to WGI Steve Woods whom she has posted unfavorable things about as well. She will get loud and obnoxious when you dont respond her way and she is a pro at stealing your clients. She doesnt have to know you to post your name to a website. She has too much time of her hands because no one will do good business with her. She couldn’t make a deal happen for you if she tried. Please be aware and do not buy into her hype. Talk about a unstable person. Just a note to all, when you post someone’s name, you defame their character. Please know the person. Know what you are talking about. And always know that you could be the next victim of a false posting!
ALTINVEST- email me when you can.
BPVLLC@aol.com
Lauren
Mavai
Please contact me by email: dcs285@gmail.com
Thank you
Dear Jenny-
I welcome all direct communication. My references are impeccable.
My resume speaks volume. I consider myself “googlible” as well.
Since I believe I know who you are, I understand your position. When someone takes my position to
make sure clients do not engage with brokers who take upfront money, JV agreements that are
unacceptable in the market place, and sends personal information claiming this person is a client yet
the client does not know the broker and DECEPTIVELY lies about getting deals completed- I accept
whatever you may want to say.
I have connected and directed many victims who needed help. Guiding them to FINRA, SEC, Attorney
General, and other victims who lost money to the same scammers. My work has taken endless hours to compile for no other reason then the scammers make the good guys lose credibility.
Jaime- Why do you not post under your name?
I know you have issues with the deals I have closed but I have done them honestly, fairly, and
successfully. All broker’s should know how to complete an agreement with their client, right? If client sends you a C & D because they were never your client- you got a problem. Would you like me to post a copy?
When you can produce a client who has not been successful, please ask them to post here.
I love this site- I have been posting it everywhere I can post. At some point we can make this a place to clean up the industry and save a lot of people time and money!
Lauren Montillo
On another note a few people are very upset their names have been mentioned on this board which means everyone is doing a very good job. I received a call today asking what I posted about KEVIN VICKERS- I said not much others have posted about him- you guys hit a nerve!!!
Feedback on Allan Shepard of Private Capital Holdings – A bit difficult/frustrating to get in touch with directly. My biz partner heard of him through another hotel developer (mogel-type) that was entered into a PPP and funded by Shepard. However, the investor was protective of Shepard’s number, so my partner got to Shepard through one of his facilitators (a top-notch woman out of FL) who screens investors and their projects for Shepard, and my biz partner was entered into a 40 week PPP thru Private Capital Holdings and is about 1/2 through and is receiving funding for his project as promised. Shepard’s program requires a project – not designed for personal enrichment, and they have an extensive screening process. But if you can get through their compliance,they’re the real deal. Jimmy
jimcorp, do you know their minimum investment amount and how to get in touch with them? Thanks.
has anyone heard of COLE SMITH with ELOC capital?
he sounds like the real deal since he is a book author and has a website talking about corporate funding…
any info would be great help..
My name is Dino Awadisian with Magnet Investment Group. I don’t know who you people are and I have never heard of any of you. for your information, We get about 15 new files a week for trad and we only work with one file at a time, if any of you have any documents that same our name on them contracts with our name PLEASE bring it to our attention, for the poeple that say all the Stupid nonsense coments about me or my firm they better have some solid proof trust me your not getting off easy, to give you some back around on my firm Magnet dose not have any contracts with any client for a trad at this time my firm is only 60 days old, so how can you say all this about someone you don’t and never have dealt with. there is about 30 brokers that pretend that they have direct contact with us and make all kinds of promises to clients that we dont no about. please next time tell the truth and dont make up story’s.
Dino Awadisian
JUNIOR
Please contact me by email
dcs285@gmail.com
Thanks
Has anyone dealt with a company called Aspen Capital Group? Has anyone dealt with a gentleman by the name of Douglas Martin? Please advise.
Many thanks
I am being asked to lease a CD for $100M to be able to use it in a PPP. I do not have to put money in up front nor do I have to put money in an escrow. I am supposed to receive the certificate first from Chase Manhattan then have it placed with a PPP broker before I ever even have to make my placement fee for the leased CD. Anyone heard of this kind of program and if so what are your opinions?
Thanks
HEY GUYS. I FOUND OUT THAT FERNANDO ALVAREZ IS DOING WHAT HE SAYS HE WOULD DO. MY GUY IS GOING FORTH WITH HIM AND THINGS ARE MOVING WELL. I GUESS WE WILL SEE WHEN IT COMES TIME FOR PAYOUTS. TO DCS. I AM NOT SURE WHOM YOU’RE REFERRING TO BUT MY BUDDY HAS BEEN PAID OUT IN FULL AND I HAVE HAD MY PAYOUTS FROM THEM AS WELL. IT SOUNDS TO ME LIKE SOUR GRAPES. I DO KNOW THEY HAVE TAKEN DOWN THEIR INVESTMENT SECTION. FROM MY UNDERSTANDING YOU’RE A MASTERBROKER YOURSELF. YOU CLAIM TO HAVE INVESTORS AND NEVER PROOF UP. I HAVE SEEN YOU ON SEVERAL OTHER SOCIAL SITES. YOU CLAIM TO HAVE SOURCES FOR SEVERAL DIFFERENT FINANCIAL INSTRUMENTS. IN THIS INDUSTRY YOU MUST KNOW WHO YOU ARE DEALING WITH. DON’T MESS IT UP FOR OTHERS LOOKING FOR A TRUE SOURCE. ONTO ANOTHER SUBJECT. WHAT IS UP WITH ALL OF THESE GUYS TRYING TO SELL YOU AN LEASE INSTRUMENT??????
IT IS UNREAL AND I CANNOT BEGIN TO EXPLAIN WHY WOULD ANYONE EVEN THINK ABOUT GETTING A LEASE INSTRUMENT. I CANNOT UNDERSTAND WHY PEOPLE WOULD LEASE AN CASHED ACCOUNT. UNLESS YOU’RE TRYING TO FLASH CASH FOR YOUR CORPORATION OR NET WORTH, I HAVE NEVER SEEN ANY PROGRAM WORK WITH LEASE FUNDS OR INSTRUMENTS. IF I AM WRONG PLEASE SHOW ME…
I WOULD PAY TOP DOLLAR TO ANYONE WHO CAN PROVE THEY CAN GET A LEASE INSTRUMENT MONETIZED. ANY HOOT! GUYS LET’S KEEP IT GOING.
JUNIOR
I am not accusing anyone here, just want to get things clarified for my investor and for the bloggers here.
Also where do you see my name in social sites?
please kindly contact me by email: dcs285@gmail.com
I would appreciate that
CBA,
Leased instruments cannot be placed into a trade. It would be like trying to refinace a property that you rent.
The leased instrument will not pass compliance. If they are willing to waive all the fees until the CD goes into trade, get them to wait for the trade to start producing income, which at the $100 M should only be a week or two.
You should put these people on this list, I don’t think this is ligit.
You can e-mail me at emortgag@aol.com if you have any specific questions.
I can’t tell all of you how many times I have said I wish there was a site like this and low and behold here it is, so kudo’s to the developer of this site.
Like most of you I have run through some pretty bad individuals but being new to the board I will wait to chime in when I see names that I have personal first hand knowledge of.
Does anyone know anything about MST out of Portland Oregon?
Also, I have heard for years about a group in Texas that is run by a Judge that has a private platform by invitation only.
Any information anyone has would be appreciated.
This is Wonderful. Hats off to the owner of this site. It is much needed. We need to clean up this industry and really make some funds. I have not heard of more than 2 people in the complete secondary market ever getting paid. Most of the people don’t know if
they are not license they will not get paid . Intermendaires are always cut out because the buyers and seller know they do not have to pay. There are so many names that is nothing but FAKE and Fraud to many to name just say most of the seller and most of the buyers are using someone else funds or leased funds . Euroclear NO PROOF PAPER A waste of time MTN and BG and Tstrips and Currency and OIL
and all the rest. YOu will look up and 4 years will have passed you by like no time and still no closing your bills are still going on
you are on more conference calls and skypes and telephone calls from
here to China to Europe to Africa to US and you are still BROKE
Family all thing you are crazy saying you are closing a Zillion Dollar deal from some one you only met on the internet across the world and you talk and talk and start beliving these people that they have what they say . you get a buyer and no seller and the same all the time. I am moving on . I ran a great business in the past and will go back to the basis and get it going. once I do I will let everyone know that first I have really closed and second
how you can do the same. MOVING ON much sucess to all the real hard working people and don’t get me wrong I have met a lot of them but just misguieded by the money you can really make and seems if you could just get one you would make up for all the time you spend sleepless nights and missing events with the family and friends you will look around and you are no where . Take it from me GET OUT Run for your life . Get a license and get protected by large company that you may have a better chance of getting paid. Sign off for now by MOVING ON….. I will at some point send the long long list of people to AVOID for the new ones and some of the old it is a small world same people over and over. WAKE UP I HAD TOO!!!!
we have been offered investment funds from a participant in evergreen. While we are not the kind of large dollar investment usually associated with these funds, the technology is fundamental and potentially worth billions. We have now been in a ‘wait’ position for too long. Anybody else had similar situations particularly with Evergreen? Thanks
In response to Bishops inquiry.
I have never heard of MST, but I do know who the Judge is and I am a little shocked he is mentioned here.
The Judge is a former Federal Banking Judge who has a large law firm that specializes in banking fraud. He runs 2 very legitimate CASH ONLY platforms that are by invitation only.
The Judge’s only requirement is the investor submits a CIS, passport and POF. Without this, the investor has no chance. This information can be submitted directly to his program manager.
The Judge will conduct an FBI background check and check the funds. I learned this first hand when I brought a potential investor in for Proofing up and he was not quite what he claimed to be (it was painful for the investor and very embarrassing for me).
The Judge is not someone you want to try to pull a fast one on because you will quickly end up on the wrong side of the FBI if there is any fraud or deception. (Just so you know, he still sits the bench for other judges who need to take time off so he is still very well connected.)
The background check and Proofing up typically takes 48 to 72 hours and once done if all is well total transparency is given to the investor. The Judges Law firms web site is given to the investor at this time so the investor can learn who the Judge is. The investor can also Google the Judge because there is tons written on him (nothing bad).
At this time the investor is invited to travel to the Judges Law firm and meet directly with him and the program manager where there and only there will he discuss the programs, performance and returns.
The Judge has two options; the first is $250K to $9.999M. Those funds are handled in the US, anything $10M or larger goes to Zurich which the investor is invited to travel there with the Judge and meet with the trader(s) and see the platform run. This is actually encouraged.
I can also tell you first hand that everyone that meets the Judge is immediately convinced, he is a really great person who’s Humanitarian and Philanthropic gifts are endless.
I personally have not yet placed an investor in the $10M and up program (the first time I tried is the situation I mentioned above where the investor was not truthful) but I have placed people in the lower program and can provide direct contact with investors if you want to hear first hand from someone else currently participating.
Just so you know, this program is not the crazy returns you hear that some of these brokers state like 100% or more a week but it is a real program returning a very attractive rate of return with an individual that is as real as he can be.
Bishop, post your email and I will respond to you personally.
Thanks Atlantic Capital, it sounds as if we might be speaking about the same elusive Judge.
I didn’t mean to shock you by mentioning him, nor was I inquiring to see if he was a phony. I know the Judge is real but finding a way to get to him is nearly impossible.
I have been trying to find funding for a Senior Assisted Living Center and even with 25% liquid Cash to put down I can’t find a bank to even look at it.
I have no issues with the background check and proofing the funds and I promise I won’t waste your time or embarrass you.
Please contact me direct.
dabishop@bellsouth.net
Atlantic Capital,
Would you please contact me regarding the program with the Judge?
coleman05@sbcglobal.net
Atlantic Capital,
Please contact me by email
dcs285@gmail.com
thanks
HEY GUYS. HAVE YOU HEARD OF A JAMES BELLWOOD????? HE IS SUPPOSED TO BE A TRADER?
IF ANYONE HAS ANY INFO ON HIM IT WOULD BE GREATLY APPRECIATED. ALSO HAS ANYONE EVER HEARD OF ANTHONY FERLAZZO? I ASKED ABOUT ANTHONY A WHILE BACK. ONCE AGAIN LET’S KEEP MOVING FORWARD AND CONTINUE TO CLEAN UP THE INDUSTRY.
Atlantic Capital,
Would you please contact me @ tonythomp1959@yahoo.com regarding this program. Thank you in advance.
Have been having a long saga funding a project using Prospexx Integrated Capital based in Canada that were introduced to me via a Broker.I did extensive searches pre the postings that have been occuring on this site there was nothing detrimental about the Principal Tom Mackenzie.The deal is still not concluded however is well advanced but there still delays.A factor that does concern me is that If the business has been established for so long even with non disclosure agreements there must be a multitude of clients that would just say yes I got funded even if I paid upfront DD but I can not find anything.
Knowing that agendas can be hidden all I am asking for are a few positives or the negatives to be a bit more specific.
For example John Harris are you just annoyed for your client not getting funded Are Launton connected to Barrett Capital and then Prospexx and If so just tell some of your happy clients to confirm that it is not a daisy chain bur real funds.
Seems a good forum to do it on.
Thanks in advance
JUNIOR
i havent received any emails from you.
DCS. HEY I DON’T KNOW YOU. MY LIFE IS NOT WRAPPED AROUND THIS SITE. I COME ON HERE TO SHARE MY EXPERIENCES WITH MASTERBROKERS SO OTHERS WON’T GET CAUGHT UP. I DUNNO WHAT IS YOUR DEAL.
dcs said:
Atlantic Capital,
Please contact me by email
dcs285@gmail.com
thanks
- 31 August 2009 at 12:58 am
IT IS LIKE YOU’RE DESPERATE TO GET INFORMATION. I’M NOT GOING TO E-MAIL YOU AND I WOULD HOPE THE ADMINISTRATOR SEE THAT YOU’RE JUST FISHING AROUND FOR INFORMATION. I HOPE YOU’RE NOT APART OF THIS SITE BECAUSE IF SO I’M NEVER COMING BACK ON HERE. GET YOUR OWN SOURCES AND STOP FISHING FOR INFORMATION. ANYWAYS! IM ON HERE TO LET YOU KNOW ABOUT ANOTHER RJ CASELL DISASTER. WATCH OUT FOR HIM.
JUNIOR
DONT WORRY I WILL NOT TRACE YOUR EMAIL AND I HAVE MY OWN SOURCES.
BY THE WAY MAVAI DISSAPEARED.
THIS IS MY FINAL RESPONSE TO DCS. TRACE MY E-MAIL??????? BE CAREFUL!!!! I’LL TELL YOU WHAT WHY DON’T YOU COME TO LAS VEGAS AND MEET IN PERSON OTHERWISE MOVE ON. ANOTHER THING? DO I SUPPOSED TO KNOW MAVAI? IF I WERE YOU I WOULD GO BACK TO YOUR FANTASY SITES AND TRY TO SALE ALL OF YOUR FAKE INSTRUMENTS. BRO I SWEAR YOU’RE ANNOYING. IF YOU HAVE YOUR OWN SOURCES WHY IS IT THAT YOU CONTINUE TO ASK PEOPLE FOR THEIR E-MAIL??? IT DOESN’T MAKE ANY SENSE TO ME. GO AHEAD AND TRACE MY E-MAIL. IT WILL TELL YOU THAT I AM IN HENDERSON NV. IF YOU NEED MORE ATTENTION THAT IS ON YOU. I AM NOT GOING TO RESPOND TO ANYMORE OF YOUR POST.
ON TO SOMETHING WAY MORE IMPORTANT FERNANDO ALVAREZ GROUP IS SUPPOSED TO BE MOVING FORWARD AND A CONTRACT IS ON IT’S WAY. OK LET’S SEE WHAT HAPPENS. ALSO ANY WORD ON ANTHONY FERLAZZO? ONCE AGAIN SORRY GUYS FOR THE OVER POST.
Junior,
I am dealing with R.J. Casell as we speak. Can you either write to my personal email and tell me more or post it here. I have turned in paperwork to him to hypothecate a bond and he is supposed to deliver a contract here in the next day or so.
I actually told him about this site and that people were saying he was a time waster and his partner contacted me and told me it was just all sour grapes.
If you can shed some light on him it might save me a great deal of time.
dabishop@bellsouth.net
Junior,
On your August 27th post you said you would pay to see a leased instrument monetized- Are you dealing with Anthony for this ? I met someone who spoke to him last year – he says he does this.
Also I found a post online where he advertised his services to monetize an instrument:
Anthony Ferlazzo
Reply »|Report Abuse|Judge it!|#1Jan 7, 2008
Your Needs Change. Finance for flexibility.
Credit lines for MTN, BG, SBLC, or Letter of Credit that you have. We can fund in 3-5 days after receiving all the required documentation.
We offer a high-paying PPP opportunity, as well.
For more information visit http://www.prontXXXXXXXXXXX.com
Submit your funding request today.
I XXX HIS SITE AS I DO NOT WANT THIS TO BE MISREAD AS AN ENDORSEMENT OR REFERRAL- PLEASE NOTE THIS IS NOT!!!!!
TO BISHOP. WE DEALT WITH RJ CASELL ON 3 OCCASIONS. THE 1ST TIME WE DEALT WITH HIM OUR INVESTOR WENT ALL THE WAY WITH HIM WITH 100M AND WITHIN 2 MONTHS NOTHING HAPPENED! HE TOLD US THAT IT WAS OUR INVESTOR WHO WAS UNWILLING TO MOVE FORWARD. TO THIS DAY THE INVESTOR HAS NOT SPOKE TO US. THE 2ND ENCOUNTER WAS WITH OUR INVESTORS OUT OF SOUTHERN CALIFORNIA AND THEY DID THEIR RESEARCH ON HIM AND FOUND OUT THAT HE LIVED IN A APARTMENT BUILDING. FOR SOMEONE WHO HAS SAID THEY HAVE CLOSED A DEAL STILL LIVING IN APARTMENT BUILDING???? SO WE LEFT HIM ALONE FROM THERE. ONE OF MY FRIENDS SAID THEY WANTED US TO HELP THEM IN THIS TRANSACTION AND WANTED TO KNOW DID I KNOW A GUY BY THE NAME OF R.J. CASELL. WE TOLD THEM TO RUN AWAY FROM HIM. ONE OF THE INVESTORS OFFER TO MEET WITH HIM AND HE DECLINED. THE LAST TIME OUR GROUP SPOKE TO HIM HIS WIFE WAS SICK. HE ALWAYS TELL YOU WHAT SCHOOL HE WENT TO IN ARIZONA CALLED FUNDERBERG BANKING SCHOOL OR SOMETHING LIKE THAT. JUST BE CAREFUL. WE HAVE HAD NO SUCCESS WITH HIM AND I HAVE HEARD FROM OTHERS AS WELL THAT THEY HAVE NOT HAD ANY SUCCESS. TO LAURA. YES I UNDERSTAND YOUR POSITION ON ENDORSING COMPANIES. I MADE THAT MISTAKE AND IT ALMOST COST ME. NO I AM NOT DEALING WITH HIM BUT I READ THE SAME THING AS WELL. I DON’T BELIEVE YOU CAN MONETIZE A LEASE INSTRUMENT. HE ALSO SAYS THAT IT IS A NON RECOURSE LOAN AS WELL. I AM NOT TOO SURE ABOUT THAT. AS I SAID BEFORE I WOULD PAY $$$$$$$$$$$$$ CASH TO ANYONE YOU CAN SHOW ME 100% LEGITIMATE PROOF THAT THEY CAN MONETIZE A LEASE INSTRUMENT AND GO INTO TRADE WITH ONE. I HOPE THAT HELPS.
Does anybody ever deal with Stephen Vasak and Jon V. Dockman.If you have any information about them in PPP. Thank you
Junior,
Thanks for the input and so far R.J. Casell has been on the money with his response’s and paperwork and everything has checked out so far but the real test comes with producing.
I understand that not everyone is successful and those that are would not be on here looking but it’s good to hear past experiences from people.
I will report back if I have any success to either confirm or set the record straight.
Thanks again!
Good day to all. We have been informed through multiple individuals that our company has been represented on this site. We would like to clarify any and all inquiries regarding our corporation. We help corporations and individuals establish onshore and offshore entities along with onshore and offshore bank accounts as well. Our goal is to educate individuals on the ongoing changes taking place worldwide. As of late we have encounter an influx of inquiries for private transactions due to clients breeching their confidential contractual agreements with our corporation. We no longer assist anyone into any transactions PERIOD!. We have monitored several individuals on this site and have taken extra precaution due to their inability to follow rules and regulations. We wish you all the best in your future business transactions.
Thank you
CFO
Rick A. Roberts
Patricia Mohammed in Parkland Florida. Has anyone ever dealt with her?
I am responding to BISHOP
MST out of Portland Oregon is a platform run by a guy named Mack.
They wasted our time with nonsense for 6 months.
They supposedly have directors all over the country but the end result is these guys are all phonies.
MST is a joke, they not only couldn’t take Securities into Trade but when we brought them a large Cash investor they couldn’t do that either and than tried to circumvent us to the investor once they recieved a “Cease and Desist”.
Stay away from these frauds!!!!
Response to Chris George on Aug 2.
You have http://www.banktrading.net listed as your website. Are you affiliated with them? Are they for real? Anyone know who they are? If you had $750,000 that was scammed, you must have some real capital behind you. I’d like to find out more. Trying to raise capital for a distressed real estate venture. I’m not a broker though… we are the actual sponsor. Unleveraged returns targeted at 20% IRR.
This is a great board… any chance we can do one about people that have closed a real transaction?
Jeffery Mah
jlfmah@yahoo.com
For Jungle: This is in response to Jungle back on August 25, who requested more info regarding Alan Shepard of Private Capital Holdings. I’m not sure of their minimum investement amount, I guess it depends on the type of instrument, and I was not able to get Shepard’s number directly as he only gives it to his direct clients who are instructed by him not to share it. I was given, however, the number for his broker/assistant (not sure exactly what her title is) out of Florida who I understand has a direct line to Shepard and handles compliance, instake, etc for him and investors. I was instructed not to give her number out here. If you want to email me, I can share it with you. Also, just to clarify, my biz partner is in the PPP (not me) and Shepard delivered him right to the trade group, and he’s about 1/2 way through and is being paid, but — unfortunately — I’m not his partner with him for the PPP or the project he’s funding with the payouts. He was in the PPP prior to us becoming partners on another project. Hope this helps. My personal email is JIMCORPCR@AOL.COM
Hello, I received a call today from a gentleman who has posted on this site and knows one of our investors who we helped with non-loan project funding — and he asked if he could give out my name and and email to other interested investors he had met on this site. There are strict compliance/solicitation rules, and I was hesitant to allow him to manage this process. However, after he directed me to this site, and I read the trials and tribulations that many investors have been through, I believe we can help SOME of the investors who have posted on this site. We are focused on directly helping “good investors with good projects” and we will not work with a string of brokers. Our programs can assist investors by providing non-loan funding for their projects. If you have any questions, you may email me at my personal (versus business) email: TampaBayEarth@aol.com. Thank you. Tammy
Hello Tom Mackenzie could you please tell me the best way to contact you directly Your e mail just returns and says contact a broker.All numbers are just answer machines I would like to identify myself to you and prevent concerns !
Jimmy
Thanks for your reply. I have tried to email you but it comes back undeliverable. Would you send me an email? coleman05@sbcglobal.net
Thanks
Great to see this website and some of the names that come up not so clean here as in other sites, such as Phoenix lending, Angel and Tom McKenzie who I see is again preaching that his company funds projects- name them then please Tom and perhaps give a reason why you have been trading from four companies with different names all with blogs from disgruntled customers who have given your company money for due dilligence fees ? I persoannly know of three quality projects that you have not funded and given no reason , all with exceptional business plans and works class development teams.
Swissbank
Hi Guys
Very good website for sharing information amongst like minded people. Has anybody here dealt with Dermot McAtamney and Thomas OSTERREICHER, as they seem to be well connected and talk of a good program via a swiss bank. be good to know if anybody has any dealing with either regarding private placements.
There is a good lawyers website that is informative for all of you looking to enter this market either as principles or brokers. If you google Robert Townsend he has a law practice in California and has written a book on high yeild investment scams and put some of the bad guys behind bars where they belong. Good read ( along with the excellent content here ) for the good guys amongst us and should scare the life out of the wanna be bad boys.
Swissbank
This thread is becoming conviluted with solicitation.
I think it is great to have a forum to exchange information but this is a blacklist- The point is not to find those who have problems and offer your solutions it is to prevent an individual or company from continuing unacceptable business practices.
Tammy’s post with a good handful of other’s do not belong on this page.
There are many of us who are professional and successful with programs and we do not solicit.
Taking the time to post all of those who have made this industry criminal is the right reasons to post!
MODERATOR: How about removing or moving all posts that solicit?
Response to Lauren I disagree the very mode of operation of these people which then leave companies needing to start again breeds a requirement for others of a honest nature to help Yes it would be great to have a definative black list and and maybe an opposite list would be created by default.
If a broker is prepared to spend time as one of his clients has been lead to a scam it is better than abjecting his responsability
However using a board like this allows people to make a judgment maybe then the Moderator can do a synopsis For example I have asked for somthing positive from Prospexx Integrated Capital and Barrett Capital Exchange a number of times and although the principal has previously posted on here had no response Should therefore they be put on a Blacklist.
Then if I was to make contact with someone that I closed a deal with on here would that be solicitation from them or just a solution to the problem that some people have created.
Then the conclusion of this blog would become so powerful and meaningful in the real world.
Would that be so wrong?
So here we go is this the start of it Tom Mckenzie is principal of Prospexx Integrated Capital it says on the website http://www.prospexx.com Simple Internet searches show the connection to Barrett Capital Exchange and show that and his daughter Micheala Barrett is principal it says on the website http://www.barrettcapital.ca Previously on this blog that has all been covered in a negative way by Mr John Harris who reposted after the post from Tom Mckenzie so we can still presume he is disgruntled I have constantly asked for anything positive and received nothing from either company!
Swissbank posts and eludes to the fact that this has happened before and gives tangible failures and another two companies that Tom Mckenzie has taken DD fees for and not produced.
Do we then assume if they can not produce positive proof of closed deals they should be on a BLACKLIST?
HAPPY LABOR DAY. TO SWISSBANK. ROBERT TOWNSEND IS FULL OF @@@@. YES HE IS A LAWYER IN CALIFORNIA AND YES HE PROBABLY DID PUT FAKE PROVIDERS IN JAIL HOWEVER LET ME TELL YOU THIS. WE MET UP WITH HIM FACE TO FACE IN BRENTWOOD. THAT IS ALONG WAY FOR US TO DRIVE FROM NV BUT HEY IT SEEMED AS IF HE KNEW WHAT HE WAS TALKING ABOUT SO WHEN WE MET WITH HIM HE WENT ON AND ON ABOUT THIS WORLD DOESNT EXIST AND IT IS ALL A HUGE PONZI SCHEME BLAH BLAH BLAH BUT!!!!!!!!!!!!!!!! AT THE END HE TRIED TO GET MY PARTNERS AND I TO GET INTO A TRANSACTION WITH HIM THAT HE REPRESENTS!!!! IN LONDON!!!!!!!! THAT IS WHEN WE KNEW HE WAS FULL OF IT. HE TOLD US THAT THE RETURN WAS 15% AND I TOLD HIM WE CAN DO THAT IN THE FOREX MARKET. SO LOOK THE TRUTH IS NO ONE WANTS TO TELL YOU THE TRUTH ABOUT THIS WORLD. IT IS NOT THAT DIFFICULT TO UNDERSTAND OR SEE THAT THIS WORLD TRULY EXIST. ALL YOU HAVE TO DO IS LOOK AT THE FEDERAL RESERVE AND STUDY. IT IS THAT SIMPLE. ANY PLACE WHERE THEY CAN CREATE MONEY FROM NOTHING UMMM YOU SHOULD KNOW THAT THIS WORLD EXIST. PERIOD!
DUE dILLIGENCE WOULD BE INAPPROPIATE FOR CERTAIN INDIVIDUALS. Please do not forget the Federal Goverment is deisgned to prevent and educate individuals on such skeptial investments. See http://www.fincen.gov THE FINANCIAL CRIME ENFORCEMENT NETWORK
Thanks for that constructive comment Junior. Although I find it hard to take anyone seriously that does not know where his caps lock key is.
So you know Swissbank and do not like Robert Townsend as he presents a return that is at least 10% above the market where it is located.Your point is what he should be on a blacklist? Or that you can attain a higher return My advice would to be spend it on typing lessons.In reality your other posts were more helpful naming names that maybe should be avoided or BLACKLISTED (it is third button up on the left).
Do you want to tell us the truth?
Junior
Only Joking You seem like the guy that can contribute a lot to the BLACKLIST.
Author is it now time to start the list as a simple link?
If they do not like being on the list find a mechanism to prove a closed deal and then it can go alongside the list. Or they can apply to be removed by giving certain facts like they have produced anything simple I think?
[...] Prospexx Integrated Capital and Barrett Capital Exchange You may want to look at this ! Private Placement Brokers & Traders to Avoid! | InsideTrade LLC [...]
Yedda: RE: Has anybody done business with prospexx integrated ……
Bemused answered: re:has anybody done business with prospexx integrated capital …
Junior,
I would love to engage in the topic about HIM but not on board.
To BEMUSED- I think you have a valid rebuttal but I do believe it belongs on another board. To have complete agreement with you we would have to define PROOF of Preformance which is another difficult topic.
When IP address’s can be traced to the person of the company, to Nigeria, or from the accused on this board who I know for a fact is lying but most of you would not- I have to say for the protection of the naive not to be so anxious to speak to someone who CLAIMS they are in a successful program.
It is quite easy for me to tell who is who- I pick up the phone and can get a proof positive or negative on most of those BLACKLISTED.
I have a long list coming too. Don’t be surprised that I will not be posting it as I am an easy target. My name, email, and phone number are all over the internet for various reasons.
SInce I am not looking for any more threats of lawsuits I am limited in what I can post.
Most of you are so on target knowing who is who- I promise you preformers are easy to pick too. Here are a few characteristics: TRANSPARENT, RESPONSIBLE IN WHAT THEY SAY, DOCUMENTS WILL BE ORGANIZED AND PROFESSIONAL, HOME ADDRESS FOR A PROPERTY NOT IN A TENT IN MONTANA, SPEAK WITH A GREAT DEAL OF CONFIDENCE ABOUT THE DETAILS WITHOUT ALWAYS SAYING THEY HAVE TO REFER TO THE “TRADER”, TYPICALLY WILL NOT USE WORDS LIKE PPP, HYIP, WILL NOT QUOTE PROFITS, WILL NOT NEED A FPA, AND WILL BE ABLE TO PROVIDE COORDINATES FOR WHERE THE PROGRAM WILL OCCUR. MOST IMPORTANTLY FUNDS REMAIN IN THE CONTROL OF THE CLIENT
To BEMUSED. Please forgive me! I love to write in caps so people can see what I am writing clearly. For you I will write normally. I do not hate Mr. Robert Townsend at all. As I said previously, he told us straight to our face that this world does not exist and that we were chasing a huge pipe dream. So if I am chasing a pipe dream why did he try to sale us on a program at the end of the lunch? Also, something else he said that startled us, he said that these programs only accept non americans who understand this type of financing and who are more sophisticated…. OK I GUESS??? Hey i am not on here to destroy people but when you have been scammed out of cash and have been in this industry for years you run into a lot of funny characters. I do not want anyone to lose their money or get caught up with the wrong individuals. DEAR LAUREN. I WOULD LOVE TO SPEAK TO YOU MORE ABOUT OUR EXPERIENCE WITH MR TOWNSEND. ALSO I WANT EVERYONE TO KNOW SOMETHING. ANYONE CAN MASK THEIR IP ADDRESS. ANYONE CAN DRIVE UP IN RENTED CAR. ANYONE CAN TRY TO IMPRESS YOU BUT AT THE END OF THE DAY IT IS ALL ABOUT PERFORMANCE PERIOD! I DON’T CARE IF YOU DRIVE A YUGO. I DON’T CARE IF YOU LIVE IN A HOLE IN THE WALL. I DON’T CARE WHAT ETHNICITY YOU ARE. AS LONG AS YOU ARE ABLE TO GET THE JOB DONE THAT IS FINE WITH ME!!! PERIOD. THANKS
Junior,
You are forcing me to be more specific and write as quickly as I think as I do not want to be misunderstood.
My comment about “the tent in Montana” needs clarification as I completely agree with you. Where someone lives, what they drive, and their ethnicity is unimportant as long as they deliver on their promises.
I was trying to say- If one claim’s to be successful but asks for you to wire funds, upfront fees, and ridiculous JV’s and lives in a TENT IN MONTANA, you may want to think twice. THE END. I apologize if I offended anyone.
Please know I hear stories all day, week, month and year. It starts with it was an “attorney’s trust escrow account” and continues with we met and they were Professional BUT the stories all end the same…WHERE IS THE MONEY?
For this reason, I reach out to ask everyone to think about guarantees and safety methods to prevent the loss of money.
Hello Mr. Kumar. Mr. Cohen is well publicised, so good some not. But most of the info you are posting is accurate.
The sovereign and genesis programs are well publicised, I think mostly by people who know a little but not a lot.
The programs do exist, but entry into the Genesis is now at 1B minimum and I believe the book will be closed very shortly.
Apologies Mr. Kumar. I meant the Sovereign Program, Genesis has closed.
[...] the unexpected popularity of “The BLACKLIST of Private Placement Brokers”, we knew we had to create a more efficient way for our readers to be able to read posts, and [...]
Warning!!!!
Beware of Bishop, She is not who she say she is. I found her while looking up info on another scam artist. Bishop took our money promising to get us returns in one week. We didn’t hear from her for a while and then she showed up in Atlanta and met us personally stating she was putting us in trade with someone else. Long story short, she took our money and we never received a dime. The sad part is the money was going to purchase a new home for our church and she took it. She cried victim and swore she was personally out of money. I do have good news she is finally under investigation and I for one will be glad when she is finally arrested. And who ever takes her 25%, that money is surely from a criminal origin!!!!
People like her are heartless please stay away!!!!
Yes Yedda
We have done business with Prospexx. That would be Tom McKenzie or something like that. Tell him John Joseph of the Millidgeville project said hello. These people promise to fund your project and then they ask for your money and don’t do anything. Now don’t get me wrong he does a serious due diligence, he calls you up and discusses your project for a full 15 minutes. 5k for 15 minutes, not bad for a days work. Anyway, he has this great assitant and she is very nice and convinces you to wire that money. Once you send that in, its a wrap, so sorry, you’re the sucker. He will call you after flying in from Europe or somewhere and shoot you down and later tell you how you need to read the fine print. Stay away from this guy. Tom if you are reading this come see me personally or send my money back. You know where I am. By the way all the money you scammed will be gone by the end of the year and the rest of your life will be miserable. You will live to regret stealing from people.
Welcome Lion-
If you scroll around this board you will see most post names.
I think your information is valuable to so many. Maybe you could post Bishop’s name, state, company name.
To everyone:
There is nothing criminal about posting a name and info.
As usual…
Seeking Individuals who have or have had dealings with:
Mr Richard Schulenberg (California Attorney
2286 Betty Lane
Beverly Hills, CA 90210
Especially interested if you have wired money to B of A “attorney trust account”
some names victims have given to me that took their money to him:
Cody Price
Kelly Oliver
Lenny Mongo
Cheryl Childress
Typical scam BUY/SELL of CMO’s or creditline-insurance wrap money
_____________________________________________________________________
anyone know Elitist Capital- Chinagozi Nwanko aka Ontario LLC
Also- anyone been scammed on trying to monetize an instrument owned or leased- I would like to hear any stories. I do not have any stories myself but quite a few clients have been interested in trying to accomplish so I would like some “STAY AWAY” names.
LM
BPVLLC@aol.com
To the Lion of Redemption:
You have made some very serious accusations above and I want everyone here to see how someone posting in total anonymity can purposely attempt to harm someone by spreading lies.
So let me show everyone what a liar you are, definitively!!!
You’re Claims:
1) You somehow found me while doing search on another scam artist.
SO DID YOU FIND ME DOING THE RESEARCH BEFORE GIVING ME MONEY FOR YOUR CHURCH OR AFTER? THIS DOESN’T MAKE SENSE!
IF YOU GAVE ME THE MONEY FIRST AND I MET WITH YOU FACE TO FACE THAN YOU HAD ALREADY FOUND ME AND DIDN’T NEED THE RESEARCH, OR IF YOU DID THE RESEARCH FIRST, WHY IN THE WORLD DID YOU GIVE ME THE MONEY????? THIS IS IDIOTIC!!!!!
2)You claim I am a woman and I met you in Atlanta, Georgia and cried poor mouth to you. So, you have now stated you have met me face to face and know beyond a shadow of a doubt I am a woman!
MY NAME IS DAVID BISHOP, I LIVE IN CENTRAL FLORIDA, I HAVE POSTED MY EMAIL ABOVE on one of my posts as dabishop@bellsouth.net, my website address for my business is, http://WWW.ISLANDMORTGAGE.BIZ . MY PICTURE IS ON MY WEBSITE FOR EVERYONE TO SEE THAT I AM NOT A WOMAN and that you are a liar!!!!!!!
So, now that I have showed everyone that you have lied, please tell us all WHY you would do something like this?????
I am a legitimate business owner that is seeking answers just like many of you! Read my post, I am not here soliciting.
This site was intended to help people and you have now shown everyone here that this site might not be what it claims to be.
It also throws more than a shadow of a doubt on others that may post here in anonymity like yourself to lie and bash others credibility for their own pleasure or benefit.
I would also like an apology written here for everyone to see!!!!
You should be ashamed of yourself!!!!!
David-
I am so happy to see your post.
After reading his post last night and seeing you are one of us who is willing to post your name and email address I was finding it hard to believe that both you and the person Lion was speaking about is one in the same.
You brought up a great point- there is a picture of you. For those who go and meet with people to give your or your client’s money, I would highly encourage snapping a photo. It is not an unreasonable request or you can do discreetly from your mobile.
Many of us who are transparent have pictures online, BUT don’t let this be a determining factor until you verify with the person.
For example if you google me- you will get a picture of a Black woman. A very nice lady who I have happened to do business with. I am not quite sure why when you google me it crosses with Dee’s photo on 123people.com.
Taking pictures, meeting in person and knowing who are dealing with is SO IMPORTANT,
I would say pictures online are part of our DNA- we should provide. In addition to being more than willing to submit a copy of my passport or license to those I conduct business with online, I also direct them to simple sights that are more of a personal type but will confirm my identity.
Beyond online business, anyone you are sending money- get complete DNA- don’t forget the pic!
Lauren,
I have absolutely nothing to hide, most honest people don’t. So I don’t mind putting my real name here, my email address or my website for anyone to see.
The only reason I posted as “Bishop” is there are so many Dave’s or David’s. It’s just easier for me to use my last name to find my own post and not have to wonder if someone is posting to me or to another Dave.
My Picture is on my company website for anyone to see and clearly I am not a woman. My address and phone numbers are right there on the web site also, so anyone with any doubts about me can get in their car and come visit me in Florida.
Beyond that I wasn’t on this board soliciting for business I was seeking information so why does anyone have to “Beware” of me?
That’s all.
Someone emailed me from this board and said that they were glad I set the record straight but felt I might have gone over board doing so.
I pointed out to this person the fact that I had placed my “REAL” email and my last name on the board for everyone on the Internet to see. So when “Lion of Redemption” accussed me of stealing money from his or her church I had no other choice but to clear my name and reputation beyond a shadow of a doubt.
In this day,age and economic climate the most some of us have is our credibility and good name. It’s infuriating that there are ignorant people out there that would post something like this without knowing definitively that they were 100% right.
Thanks for your response, I have had others email me direct after seeing my website telling me they were glad I set the record straight.
So, “Lion of Redemption” I am still waiting for my apology!
David,
I apologize. Your email is very close to the true culprit, Darlene Bishop. Stay away from her.
OK Lauren.
Darlene Bishop, Paradize Funding.
Also I need to know if any one else has given money to Cheryl Childress. Please contact John at 404-775-5965.
Hi Mr Lion of Redemption were your facts right about Mr Tom Mckenzie and Prospexx Integrated Capital and Barrett Capital Exchange?
As I think I am about to start posting my problem on the other high profile sites Rip Off Report e,t,c where he is already listed once.It seems he just does not fund?I have waited so long to hear anything to the contary I think it is time to get the facts above his website on google for all to see.
If anybody has information good or bad about Tom and Prospexx then please e-mail me at asutt876@aol.com as I have licensed colleagues in the UK who have three projects awaiting funding with this company and none have been funded, but all promised loan commitments and all paid due dilligence fees. Very concerned about the situation so if you have projects that have not been funded with no good reason then please contact me and I will put you in contact with those in the UK who are concerened so that you can share contacts and experiences and suggested actions. Perhaps Prospexx are a good company and Tom is just too busy to return calls, and follow up with project principles he has taken money from and ready to fund the hundreds of millions he says he has access to and fund. If so then we look forward to hearing from you and especially the project principles who are out there with their projects lives on the line and expectant on the promises of a commitment from prospexx. One project was stated by Prospexx manage Scott as the best project business plan he had ever reviewed. So where is your money.
Jimmy/JImcorp
Jungle
Altvest
I would love to talk to you. Can you please email me at this address:
richardharvin@comcast.net
I would like to know if there has been SUCCESSFUL funding with Allan Shepard/Private Capital Holdings. I need personal contact please and not simply posting on this board.
Thanks
LION –
Contact Lauren on here regarding C CHILDRESS. Get your money back IMMEDIATELY of not sooner.
There is a list I posted earlier in this blog regarding individuals who were reported to having taken upfront funds or no performance as stated in contract, emails, and phone calls.
I am not sure who “Inquisitor” is- but thank you for endorsing me. However, I can not force anyone to return missing funds but I can guide you through steps to filing with the proper authorities.
1) file a complaint with your US state’s attorney (where the funds originated and in the state of where they went)
2) local FBI (100k & up as of May 1) but always worth the call- you never know how many complaints may have been filed
3) FINRA
4) SEC- complaint form online
5) you may want to send an inquiry to the bank where the funds were sent- it won’t do much but it will keep the suspect “on watch”
6) Post your story on this site, rip-off reports, and any other complaint sites so when others google they can see it and contact you. Posts with contact info hold a lot more credibility.
Most importantly prepare about 7 packages to include: your story with supporting emails, phone records., and wire transfers EVERYONE SHOULD be mentioned in the reports- let the authorities determine who is good and who is BAD.
NEXT- I do keep lists. If you are to reach out to me, I will pull any and all others who claim they have lost money and introduce the both of you by email.
As usual- SEEKING ANYONE DOING BUSINESS WITH:
RICHARD SCHULENBERG ESQ- Bevery Hills, CA and or the following:
Cody Price
Kelly Oliver
Lenny Mongo
Cheryl Childress
I have been asked many times about Allan or Alan Shepherd. However, I do not have reports or proof of funds transferred to him as I do others.
Does anyone know the correct spelling of his name and if he was associated with PUFFIN INVESTMENTS?
Here is an old clip I found online:
“….During a number of extensive telephone interviews with the Canadian, Barrie Wamboldt, it was hinted that it would be worthwhile to look into the activities of an Alan Shepherd and a firm of his called Puffin Investments. Readers will remember that Barrie Wamboldt was involved with Project Hammer and had worked with General Cocke and Paul Green to recover Project Hammer funds.
Puffin Investment Company Limited, a Bahamas company, was owned by Old Harrovian Alan Shepherd, who had connections to the British royal family resulting from generous donations he made to the Royal Windsor Horse Show, of which he was vice president. In March 2001, Shepherd and Puffin Investments were involved in a High Court action initiated by the Financial Services Authority –the government watchdog– for enticing investors to put up money for a “sham” investment trading programme. According to the Sunday Express newspaper, reporting on the court case, up-front fees paid by investors on the promise of massive returns were not repaid.,….”
Lauren,
From the documents I have received his name is clearly spelled Allan W. Shepard of Helena, Montana. Shepard has lived in CA and Nevada but now resides is Montana. His company is called Private Capital Holdings. No money goes through him at all. His attorney, David Frederickson (or Fredrickson I’m not sure exact spelling) handles all money. I do know Frederickson works in Los Angeles area (maybe Hermosa Beach).
I have found no relationship with Shepard and Puffin.
Thank you Lion of Redemption, Apology accepted!
has anyone ever heard of a guy named Parks out of Beverly Hills–he is supposed to trade on platform in London.
Need $20 million US or more?
There are no charges or fees required to go through the qualification process. You will not be asked for any upfront fees or charges until your application has been approved. You may then be asked for Proof for Funds depending on the type of Funding Offer which has been agreed. The actual finance methodology changes from finance group to finance group. Please post if your interested.
Dear Bemused,
I was totally ripped off by Tom McKenzie in Ontario, Canada. I can honestly say he is a “legal thief” hiding behind paperwork that protects his illegal actions.
His company, Prospexx and Barrett Capital go out and find other brokerage firms to send them projects. One being Lauton Funding in New York.
Lauran Bonaparte and owner, Joseph Polanco of Lauton Funding, New York are next to being broke so they work with Prospexx and tell their clients that that received an LOI from an interested investor. That investor being Tom “CON MAN” McKenzie.
His website has no address and no telephone number with an answering machine. How professional and appropriate is that? But those that need funding are gullible and buy into the hope that Tom Mckenzie will do what he says until he strings the client along to only tell him that there was a problem they found with the deal and does not have any interested investors.
This of course is after Mr. McKenzie receives the clients fees and also after the client has already spent additional fees to get a meaningless LOI outline of Mr. McKenzie’s offer from Lauton Funding.
Lauton Funding had a post I saw that claims there is a smear campaign against them. I assume that it is because the clients that lost their fee’s are expressing the truth!
I have contacted the legal authorities and I want something to be done about Tom McKenzie. In time, it will be I am certain.
Hello- I am seeking the following information
has anyone closed with
Sovereign Securities Limited(good or bad)
and I am seeking a legit platform for ppp
please reply off board and thank you for your time
smitty2347@yahoo.com
Yes John I have reached the same conclusion. When he asked you to contact him directly to ask what will make you happy was there any correspondence?.
The real pain this man causes is the time scales he works too a simple scam might take the money after a short time but he is much much worse the damage he causes by dragging things out to perpetuate the further collection of fees is immense.
Of course in these difficult times people and business cling on to a glimmer of hope and that is what he prays on.
On a moral level it is obscene and how he lives with himself giving false hope for such protracted periods of time is difficult to comprehend.
As his web site says if they can not fund after 45 days it goes to the world famous funding board and if they cannot fund shame on them.
So why do I hear of 6months 9months and 12 months of purgatory.
The only conclusion is he can not fund and it is a simple scam that is even more painful than most.Anyone knows the loss of fees is bad enough but he also causes the loss of time with his lies.
Come on Mr Mckenzie have the moral fortitude to defend yourself
Dear Bemused,
What is more hilarious is the fact that Tom McKenzie from Prospexx works with this guy, Tony Quance also in Canada who does a SWAT report.
The questions the guy asks without being specific are simple ridiculous questions. Then this Quance and Tom McKenzie use the report as a tool to protect themselves legally why they are not funding. They have never once produce their list of 23 lenders you know why? They really may know 23 brokers but not lenders. From what I read from others, they were put through the same nonsense and have lost their money.
After McKenzie reads a business plan and issues all these LOI’s, and never funds any, there has to be some law to lock this guy up for his actions in addition to the other joker-brokers he works with that take fees as well.
McKenzie has a personal website in Canada with his photo and introduces himself as an entrepreneur that has motorcycles and cars. Wonder where he got the money to buy all of those?
He makes me sick!!!! He’s a thief!!!!
If you are looking for funding, PPP, or managed accounts please send an email to cthomas_osms@yahoo.com
This email is strictly for individuals interested in the details stated above. After individuals move forward I would like you to post your reviews for other members. So, everyone will know that what I offer is performing. Please put in the title of the email “funding”, “PPP”, or “Managed Accounts”
new email address
seeking real platform
and seeking info on
Sovereign securities limited
out of london..thanks
SEEKING ANYONE DOING BUSINESS WITH:
SHERYL CHILDRESS
SEEKING ANYONE WHO HAS DELIVERED FUNDS TO:
“HIGH YIELD MONEY MARKET ASST ACCOUNT” WACHOVIA ENDING IN 8509
ALTINVEST- If you are able I would be most interested in an introduction to R.H in Arizona. If not, I would gladly be willing to send an email through you.
ALSO, Alan Shepherd private Capital…I have received a few calls, put together a few notes. Two of the contacts mentioned all monies are to go through an attorney intials D.F. ( I will disclose or confirm off board). I have received a statement issued by this attorney saying ..HE DOES NOT DO BUSINESS OR KNOW HIM….”
Therefore I would heavily advise an intense DD on where the money goes so it does not go abracadabra
Avoid
Robert Rivera
David Roberts
SHirlee Hewitt
Ali Ahmad
Has anyone dealt James Richards out of London England?
I’m new to this blog. I’m very glad to see another choice besides Brady and Code Tom.
TO – JUNIOR
RE: Robert Townsend – I’ve heard many negative things about the counselor over the years. His reputation for debunking the business belies his altruistic ulterior motive actions.
TO EVERYONE – Speaking of Attorneys.-BEWARE OF ATTORNEY ESCROWS!! Do not under any circumstances agree to hold your funds in an Attorney Escrow Account under any circumstances unless he/she is your Father/Mother, wife or brother/sister, – and depending on the amount we’re talking about – beware of them too. There are herds of attorney’s living in Brazil, Costa Rica, Panama -you get the picture – off of some naive client’s fortune because the client trusted them. I know of 11 attorney’s including an attorney couple that are sitting in jail for embezzling client funds. Hey, for some, the temptation is too great. Stay smart, don’t trust your money under anyone else’s control and authority but your own. At all stages of this business.
TO JUST WONDERIN –
RE:Humanitarian Trusts – Forget Humanitarian Trusts claiming they need 10% of project budets – and they can lease you the funds for 4%. First of all, BRAVO to those bloggers who know their stuff with regards to their knowledge that LEASED FUNDS CANNOT be utilized for trade with regard to PPP. Absolutely true. AND BEWARE of Humanitarian entities offering you money for a project for a fee. They’re completely bogus! End of story.
Until next time, may truth and honesty find its way to you all.
Old Pro,
Can you email me?
richardharvin@comcast.net
Thanks
First thank ALL for the knowledge and this site.
How and who do you contact that IS in fact the real deal with P.P.P. and who can lease funds for the program at a reasonable rate?
I and my partners are about to endure a journey with a trade group. However WE are novices to this area and scope of expertise. We are R.E.I masters who do NOT know who we can and can NOT trust.
We have the funds to get into the game but do not know who to play with so to speak.
Point:.
1. Who do we contact that actually pays and performs as agreed?
2. Who can we contact for leased funds to buy into the P.P.P. program.
3. Is there any one who has a REAL success story?
Thank you for reading and more so thank you for the reply.
Also THE GROUP I am referring to is with Allan W. Shepard.
Who knows THE FACTS about this individual?
Hello “S of Florida”,
As most people on this blog would agree, leasing bank instruments is not the way to go. You will waste a few hundred thousand dollars, and be stuck in legal battles for years.
If you are interested in private placement programs, feel free to give us a call or network with other members. We have worked with 2 different programs which HAVE performed, and only involve ourselves with those traders.
Thank you for your support to our blog, and please visit our discussion forum when you have some time.
Avoid Shirlee Hewitt and Ali R Ahmad.
Shirlee is the most abusive woman i have encountered.
Ali R Ahmad thinks that he is the trader himself !!!
TO;S of Florida
RE: ALLAN SHERHERD
If it looks, smells and walks like a duck – it’s a duck!!
Read the blogs carefully on this character. I have files full of bios from applicants stating high level ‘connections’ to ‘Royal Families’ or the White House Administration, the Treasury, Foreign Heads of State, CIA, Fed Reserve, IMF, World Bank officials and on and on – 99% of them are full of you know what. The other 1% would never drop these names so freely. Real sources don’t compromise such valuable contacts so easily.
Beware of individuals that ‘vouch’ for certain characters on this blog. Any legitimate entity plugged into this arena would prefer to remain anonymous, thank you. Having your name pasted on public blog forums, even for ‘positive reference’ reasons is not something any respectable player in this business would invite. Those of us who have worked for decades to gain access to the quiet world of PPP opportunities wince at the idea of public accolades.
When I started out in this business, there was no internet, thus no blog forums to reference for help getting ‘plugged into’ real entities that operate in this arena.
I came up the hard and expensive way. Endless travel, meetings, phone calls (not to mention horrendous phone bills – they didn’t have ‘unlimited domestic calling plans’ then).
And they still had ‘bogus brokers’ then as they do now – Brokers
trumpeting their staus and lofty connections to the ‘insiders’ or ‘traders’ who bide away their time laying on yachts and sitting on pristine beaches in the West Indies – with a cold one chilling in their right hand – aching to put you into trade. It’s all nonsense.
I wish I knew me when I started out in this business.
Kudos to the ‘Inside Trade LLC’ guys for putting this blog together. Through this forum, it is possible to get ‘plugged in’ if you’re genuine and have a brain. But be EXTREMELY CAREFUL. I can spot a lot of joke-sters already on this forum. It just goes with the territory of pursuing this nutty business of PPP.
There’s so much to know and absorb – and so much misinformation out there – a lot of it put out by the government to dissuade you. But that’s another book in itself.
Thank you Inside Trade author for the words of wisdom. Matt….YOU SAVED ME AND MY FAMILY and our firm.
A word from the NOW wise:.
Listen my fellow business men and woman, this site will save you A LOT of money, stress and headaches if you simply take the time to read and Network with all.
Our story:.
We WERE about to move forward with a P.P.P. by leasing funds with a group that did NOT seem or feel right. However these people are soo convincing that you almost feel like if you do NOT get in on it you are losing. I and we are Real Estate Investors who new nothing about trades or the process.
About 30 days into this once in a life time money making ordeal.
This group changed every programs week and to this date we have yet to see a contract. Granted we need the funds to buy Real Estate and to assist our fellow Investors and the American public that is set back by the current economic strain. During this month long pyramid the chain of group started to drop off by exposure of our leased funds being wired immediately or we would NOT make the trade.
Th group inadvertently email teh REAL agreement to my partner to expose the actual amount which was OFF by $150k mind you. So our group facilitator/originator kicked these two individuals “Dan Sinclair “Sinclair Financial Fort Myers Fl” and Sandra Carter “London Capital L.L.C “Atlanta Ga” for fraud attempt. I thought to myself “didn’t YOU bring us this group initially to trust” now all of a sudden they are charlatans. The Investor leasing the funds was exposed to use by this email in which put us direct to the actual leased funds to trade. My partner submitted the contact to the group in trust mind you so we can be off to the races…right?…..NOT! Our group facilitator/Originator took that lead and ran. We did NOT hear anything from them for a week and when the facilitator/Originator finally did contact us the Investor wanted to Invest $300M and when asked on a later call he “Investor” had all his funds out.
The Investor is Warren Rosenfeld out of Texas for leased funds. Now mind you my affiliates this is ALL private and confidential…..
None the less when I tried to fly to meet this trader “Allan W. Shepard of Private Capital Holdings L.L.C. “out of Helena Montana”
which was created this year 2009. He “Allan” could NOT meet me due to other obligations and has yet to return my calls or emails for weeks now. You would think that he would be ready to meet with me and my firm. No…I get a call from the Originator/Facilitator explaining that he is sorry and all this like a 30 second phone call is asking a lot. The originator/Facilitator is Tammy Correa out of Tampa Fl” That is Allans confident. I will say this readers, I do feel that she is blinded by this scheme as she truly believes in Allan and the cause. Even though she has NOT closed successfully ONE deal. Or refuses to share with her clients who trust her. Poor lost soul…just too high strung.
Final:.
I have ALL contacts for these companies as that is PUBLIC knowledge if needed or if you have been a victim of ignorance and lost money. I will NOT submit ANY personal information unless subpoenaed.
I am NOT on this site by the influence of any entity or attempting to destroy or burden anyone’s life or profession.
However if you are who say you are and produce as such than great and I applaud you. Now please contact me so that I may be apart of the success story. Obviously if YOU do or commit any wrong doings against others than YOU or your company will NOT be bothered by posts like this. BUT….if you are than the voice of the people should be heard to protect the people and should be exposed.
I ask the people, who IS in FACT the REAL DEAL with NO B.S?
By the way if you wish to Invest or need a consultant/Marketer/Mentor in Real Estate “Commercial/Residential” on ALL levels nationwide. Than please allow my firm and its family to consult you in the right direction with turn key cash flows offerings or to meet your “wish list” that you can buy at 45% L.T.V. “in ones and twos” of the current Appraised for Cash with exits in place if interested. Post your email and I will see the post followed by contacting you.
Aim for the moon and if you miss at least you’ll be amongst the stars.
Go well and good luck.
Thanks for reading.
Hello S of Florida,
Thank you for your great comments about our firm. As always, we are here for our readers and take pleasure in assisting them to meet their goals.
Have a great end to your day!
Good stuff here,especialy hearing about the various ppp to stay away from, can’t tell you how many times I hear that the attorney trust account is a secure thing. I’am also inquiring about MTN BG’s being purchased at discounts and how many fake or circumventing people there is in that world. Has anyone ever closed one of these transactions ,if yes what was the key?
MELVIN SANDERS and EARL AHMEEN ==
These guys are LIARS AND CROOKS!!! They strung along my mother for 4 months week by week saying she passed compliance and would be getting paid every friday for 16 weeks. After the first 2 weeks we knew they were liars but each week they kept calling updating us with their BS lies. One week – New regulations were passed, next week – Banks had to verify her paperwork again, next week – on and on same ole lies… for 16 weeks until we just laughed and told them we knew they were crooks and had filed with the Atty Gen.
They are always screaming how much they are christians and love god and all the religious bs. Stay away from these guys.
MELVIN SANDERS – TX
EARL AHMEEN – UNKNOWN
Great post S. of Florida
The Great thing about this blog site is we can finally start to see the names of the many scammers that exist in this industry. We can compare notes and even if one person is saved from wasting time or losing money by someone’s post then this has accomplished its purpose.
The flip side to this is many of us are hesitant to post what we are capable of for fear of appearing to be exactly what is being reported here.
Like many of you I have chased these elusive trades for quite some time. I am now 0 for 14 and growing on these platforms. I decided over two years ago to purchase a bond and go at this direct. No Intermediaries, no middle people, nothing to hide. If you want my paperwork, well here it is! My theory was, by being the principle with enough of these people looking someone would eventually bring me to the right spot. Boy was I wrong!
The frustrating thing is, I know this exists and is possible. I have found a CASH platform that actually performs, is very transparent, and will gladly prove performance. You can fly straight to their law firm, meet with them, meet their traders and see their platform perform.
But, you must qualify with CASH and I currently don’t have $10 Million lying around and they won’t touch Bonds, Securities, SBLC, etc. So I know it exists but it doesn’t seem to exist for guys like me who own a Bond.
We are residential and Commercial lenders so times have been very trying for us. Lending has virtually dried up in our industry. Thank God I purchased the bond when I did at the distressed price because at least the bond has a good cash flow which has kept us afloat.
It sounds like your company and my company has some things in common in regards to Real Estate and proximity so I would like to speak with you.
I am one of the very few authorized by Wachovia/Wells to receive all of their commercial foreclosures in the South East. When a principle enters into Chapter 11 we try to work with them right through Chapter 7 to bring qualified investors in to purchase the projects. I have actually been given a list every court appointed receiver for commercial properties in the Nation and they welcome anyone to help them because quite frankly the banks don’t want these properties back.
Through my affiliation with Wachovia I also receive the Fannie Mae and Freddie Mack lists of REO’s for residential and commercial by State.
We were hoping to raise the capital through trading to take advantage of some of these opportunities as well as help individuals to stay in their homes.
Please contact me at: globalcapital@mcom.com
I would like to speak with you about your commercial real estate business and the exits you refer too.
Beyond that, I enjoy this website and the posts, hopefully this will keep going.
Guys my heart goes out to you. I suggest you do what I did. log on to theplatformtrading.com that book helped me steer clear of crooks and I have made some descent money in the past year. Its nothing like 29 1/2 times my investment in a month or so but it’s real. take care
Mike G.
Anyone heard of a Robert Fowler?
Hello S. of Florida, I am very interested in your firm and services, so would you please email me your contact info to sylviabonham@gmail.com.
Also, I wanted to say thank you to InsideTradeLLC for creating a forum in which we can share experiences that will hopefully prevent us from all making the same mistakes and ideas that will allow us all to move forward and work with honest and reliable people.
Thank you again and I look forward to the many posts to come.
Sylvia
200th POST?
Has ANYONE tried to use this site to reference a name?
Here is my contribution…I cut and pasted every name and company listed on the blog. The list is not mine. The following are simply collected names and companies mentioned on the blog.
HERE IT IS:
Robert Fowler
James Richards out of London England
Stephen Vasak
Jon V. Dockman
Virgil Hentz
Ursula Arguedas of NYC
Jas Takhar in Yuba City CA
Peoples Management Resources and Andrew & Dawn Gottlieb
Rockefeller Group of Miami, Inc
MARK SAINT JUSTE
DAVE NGUYEN OUT OF ARIZONA
PROOFOFFUNDSLLC
DAVID KAUP FROM PASADENA CALIFORNIA
ALEX HERNANDEZ.
LUIS RODRIGUEZ BOWZ MANAGEMENT
THE RANGER GROUP TEXAS
ROY MANN FROM NYC
ROLAND ASHBERRY FLORIDA.
MARK MARSALISI TEXAS
H.M. TORREY
RJ CASELL
CHRIS EAVES
HERMAN SEO CALIFORNIA
ALEX HERNANDEZ . CALIFORNIA
DANE BRIADIER http://WWW.POFLLC.COM
TONY BASS ATLANTA GEORGIA.
Anthony Ferlazzo
Melisa Shapiro
Drew Hernandez of Phoenix Lending.
East West Trading and Vincent Bach
Synergy Finance Group, LLC.
Global Treasury Foundation and Irving Jackson
Brenda Ramsey-Starlite Funding
Abigail Ringor
Angel Bishack
Brad Russell Seattle Washington
Dave Hamman of HMG Ventures
Joao Rocha from portugal and mr Nicolas Bihannic
UnityOnefundProgram
Jeffrey Ellison
Jo Polanco
Mal or Malory Chams
Edmund (Ed) Wilson of Fountain Group of Companies of Utah, Inc.
Louie Moss
James Tucker
David Donaldson
Synergy Finance Group LLC – Robertsdale, AL
H.M Torrey
Diamante Holdings
Dan Lyons
Marie Clemens
Debborah Larsen
Gregory P. Cobbs from New Jersey
BOWZ MANAGEMENT?
TC Holding
Andy Kirsch, Dallas
IRA network, out of NY
Nicholas Aaron, Atlanta
Beverley Campos, Marin County, CA
Mark Marsalisi
Nancy Edwards
Kai Lassen, Esquire
Jim Barnard, Oklahoma
Dr. W. Chandler Reynolds, Palm Beach, FL
GGROUPCAPITAL.COM- VA
SAM WALDMAN AND GARY WALDMAN OUT OF NYC
RICHARD TRASK OF SAN FRANCISCO
successbullionusa.com
Lauren Bonaparte priciple of Lauton Funding
Marcus Barcroft
Hoyt Michael Torrey
Stuart Cardall
JAMES BELLWOOD
FERNANDO ALVAREZ
Aspen Capital Group
Douglas Martin
Dino Awadisian
COLE SMITH with ELOC capital
RICHARD H. TRASK
KEVIN VICKERS
CLIFF JOHNSON
BEN ZIMUNYA
DINO WITH THE MAGNET PROGRAM
MST out of Portland Oregon – run by a guy named Mack.
MELVIN SANDERS (TX) and EARL AHMEEN ==These guys are LIARS AND CROOKS!!!
Patricia Mohammed in Parkland Florida
R.J. Casell
SHIRLEE HEWITT
Avoid Shirlee Hewitt and Ali R Ahmad.
Dan Sinclair “Sinclair Financial Fort Myers Fl” and Sandra Carter “London Capital L.L.C “Atlanta Ga” for fraud attempt.
Warren Rosenfeld out of Texas for leased funds
RE: ALLAN SHERHERD – if it looks, smells and walks like a duck – it’s a duck!!
Allan W. Shepard of Private Capital Holdings L.L.C. “out of Helena Montana”
Tammy Correa out of Tampa Fl” That is Allans confident
Tom McKenzie from Prospexx works with this guy, Tony Quance
Tom McKenzie in Ontario, Canada
RICHARD SCHULENBERG ESQ- Bevery Hills, CA and or the following:
Cody Price
Kelly Oliver
Lenny Mongo
Elitist Capital- Chinagozi Nwanko aka Ontario LLC
Barrett Capital Exchange
Darlene Bishop, Paradize Funding
SHERYL CHILDRESS
Robert Rivera
David Roberts
Shirlee Hewitt
Ali Ahmad
Yedda: RE: Barrett Capital Exchange and Prospexx Integrated Capital…
Isla answered: re:Barrett Capital Exchange seem to be connected to Prospexx Integrated Capital has anybody closed any deals with them? There just seems to be a wall of silence or are they both just fee collectors? …
Yedda: Who mentioned Lauton Funding look at these ……
Isla answered: re:I don’t know about Barrett but I can tell you that Lauton Funding is above board. In all the years I’ve worked with them they’ve been totally honest and straightforward with my clients. I can’t tell you how happy we are to be work…
Yedda: RE: Prospexx Integrated Capital…
Isla answered: re:Has anybody been funded by Prospexx Integrated Capital principal Tom Mackenzie? …
Yedda: RE: Has anybody done business with prospexx integrated ……
Isla answered: re:has anybody done business with prospexx integrated capital …
I have recieved an invite to join a platform that seems to be one of the 1% that actually payout big returns. The person that referred me is someone I do business with and trust 100%. He used to work with the trader in the insurance industry and they have been friends for years. This being said I still want to use escrow or leave the money in my account which the trader is ok with. My question is can I use a Proof of Funds account for a platform? If I use escrow how should it be set up so that the money is safe?
I see Marcus Barcroft’s name on the black list, but nobody has had anything negative to say about him, just inquiries. I have talked with him myself several times, but like others here, just do not have anything to report good or bad, but I wouldn’t put someone on a black list just for that. JMO, for what it’s worth.
GOOD EVENING TO ALL.
Melisa Shapiro is LEGIT!!!! She has closed a deal for one I have known for years. You have to come correct to her group. No Lease or Rented funds. Fernando Alvarez didn’t pan out. It was a switch and bait situation with someone on his end NOT GOOD. There are only a few out there really making things happen. Brokers kill deals 80% of the time. Fake investors with fake documents kill deals 18% of the time. 10M is the golden number. 1 M is PAIN IN THE ASS!!!!
I cannot endorse this company anymore but they are legit. if you read any of my postings you know whom I am referring to. Peace to you guys.
Junior from the 702.
TO JUST WONDERIN, ALTINVEST & OLD PRO,
We were introduced to a Virgil Hentz. Similar context as described by Just Wonderin concerning funding/purchase of real estate by Hentz and a “Trust”.
We found documentation that a Virgil Hentz was ordered by ND and WI to cease sale of unregistered securities involving Global eScience, circa 2005.
Would appreciate any and all information and experiences, pro and con, about and with Virgil Hentz.
Hi,
Does anyone know anything about CashFlo(UK) Limited as they are offering MTN-based funding?
Many thanks
CarefulBrit
Conflicting information about Melisa Shapiro. Junior says she is good but Colorado Carl says she is not. See below.
“Colorado Carl said:
Great idea here……………..just got scammed for 25k for a PPP from Jeffrey Ellison @ Community Finance Group. Paid up front to an escrow account for hard costs on instrument issuance. No instrument. Somehow withdrew funds and no response since. Melisa Shapiro @ Avalon Financial also involved. Same, no response. BUT…………the feds have it now, interstate wire transfer fraud……!
- 9 July 2009 at 12:39 pm”
AS STATED THE ABOVE LIST IS ONLY A LIST OF NAMES AND COMPANIES MENTIONED ON THIS BLOG.
CLEARLY, THIS SHOULD NOT BE MISTAKEN AS A “BLACKLIST.”
SIMPLY, A REFERENCE LIST OF ALL NAMES/COMPANIES MENTIONED. THEREFORE, IF YOU SEE THE NAME OR COMPANY YOU MAY BE INTERESTED IN SCROLLING THROUGH TO SEE IF THE POSTER WAS SEEKING INFORMATION OR HAD A COMPLAINT OR COMPLIMENT.
THANK YOU
Thank you “Also in Florida”
Yesterday afternoon I received confirmation that I passed compliance with the Judge and just made my travel arrangements to meet at his law firm on Monday to discuss his trade program and my contract.
Thanks for the Judges website, I did my due dilligence and you were right I was very impressed. After quite a while looking I am very encouraged here and if nothing else the Judges transparency has been refreshing.
I want to commend the creators of this site because I have looked for over a year for a viable place to place my funds and only by chance did I stumble across this site that has now hopefully led me to exactly what I have been looking for.
Hoyt Michael Torrey ( HM Torrey law group) Stole $30,000 from me since I gave him the $$ upfront and he is gone from this earth.
Has anyone else heard of him.?
I filed a complaint with the Client Security fund of California, State Attorney and FBI but I just want my $$ back..
Any info would be great..
DOUG- I have an inquiry looking to be introduced to the judge. Could you assist?
JUNIOR- I know you do not like to be asked to email off board but I do need a reference on a person you mentioned. I can not request on board.
BPVLLC@aol.com
Doug,
Could you please email me the contact info for the judge. I would be most appreciative.
Thanks
3rdworldassist@gmail.com
This site is a great source of information – so glad I finally found it!!
To ATLANTIC CAPITAL or anyone else with information regarding the program with the judge – I am very interested in this program.
Please contact me or forward website information to:
bhaas@marketworxcorp.com
Thank you.
Hey guys. We stumbled upon this site earlier today and we wanted to chime in on this particular subject. we read most of the post regarding bad brokers and we also read the small amount of companies that are really doing things right. I have done business with one of the companies on here. We are Very Surprised to see them on here due to their strict policies. Private Group Capital is totally legitimate. I’ve done 2 transactions with them in the past 4 years and they have worked out for our development and projects worldwide. Currently we are moving forward in a major project overseas and they will assist us in our endeavors. They assisted us in offshore banking as well and made our lives a lot easier. They do not deal with exotic bonds or fake slbc’s or leased instruments or funds but if you are RWA and can proceed forward you should win.
This is our 2 cents
To TJ
Administrative Hold structures allow the bank to continue utilizing those funds. That means that those funds are ‘technically’ being utilized for other financial activity – Not acceptable to a trader.
Blocking funds are designed to counter that structure so the trader can garner a credit line against the underlying capital. If those funds can be used for other financial activities while in trade,no bank or other entity will extend the credit line. The credit line is the key to protecting the principal, thus not putting the funds at risk. When you block funds, those funds don’t mean anything anymore to the bank. Those funds cease being an asset of the bank.
Many would probably argue this point until the cow’s come home, but that’s the way it is. That’s why bank officers fight clients tooth and nail against the blocking procedure. They want to continue utilizing those funds. There lies the rub.
Those of us who are ‘plugged into the business’ have investigated the Administrative Hold option. My bonafide sources and other respected colleagues have assured me that it can’t be done. That’s good enough for me. Think about it, why wouldn’t we utilize this structure if it existed. It would be a helluva lot easier to pitch clients using the Adm Hold structure versus the dreaded Block albatross. My collegues and I would would work it in a New York minute. Hell, we’d be dancing in the streets!
Blocking funds is a real pain in the behind. Clients hate it. And bank officers vehemently resist it – it’s their job to resist it. And they will do their utmost to hassle and dissuade clients from participating in what is the greatest business in the world. That’s why the Administrative Hold is so attractive to some clients and brokers. No hassle. But, in my opinion, clients and brokers, you’re wasting your time – and you brokers are risking your reputation with your clients. Principals, don’t let Blocked Funds scare you. There are alternatives. If you know how to play the game, that is.
Ultimately, that’s what separates the pros from the amateurs.
At the end of the day, that’s what it’s all about – gaming the system. Problem is, most brokers and clients that chase this business don’t have a clue. And they waste their time year in,year out – chasing rainbows with no pot of gold at the end.
That’s where the talent of an experienced first class broker and trade group really earn their dime. Bankers know when their dealing with amateur clients seeking access to this arena. Let the pros handle it. IF you’re a bonafide real principal with no BS, they’ll get the deal done. It’ll get finessed and lodged into trade. Believe me.
In reality, there are alternatives to MT 760’s, but it all depends on who, what, where and how – as well as the cooperation and motivational level of the client.
Think about it. The Fed makes the rules in this business. They decide what will and will not be allowed. And they rule with an iron fist. Nothing gets past them. Think about it,would they make the Administrative Hold option available to one group and not to the other licensed trade groups they control? That one group would ride herd over the others and steal away all the business.
The business of bank trading among a handful of exclusively licensed and regulated trade groups is a very small club. When one sneezes – they all catch a cold. And the verdict is that Administrative Hold structures don’t work.
In closing, there’s no way that I would expose and risk a rare 100M plus client to a structure that no viable trade group can attest to being real. There’s no worse reality than having worked a client for weeks (or even months) for an outcome to end up tragically in a black hole.
Then the reality of losing the client AND your reputation, quickly follows. Been there done that.
It’s your job to genuinely take the client to new heights of humanitarian funding and wealth enhancement opportunities. They deserve no less. As do you.
Always use COMMON SENSE when piloting your way through the stormy skies of this business. I wish you all the best.
To Lauren and the others.
I have forwarded your message along to the appropriate source, you should be contacted via email shortly.
CC
I do not see Private Group Capital listed anywhere on this site except your post. I do see Private Capital Holdings (Allan Shepard). Who is Private Group Capital?
Thank you for your response Old Pro. I apologize too if you thought I was thinking your earlier post in regards to R Cohen was stating he was a fraud. That was not my intention. Just curiosity as the Sovereign Program is all over out there, and by know one would think it would be publically “debunked”.
Is there a way we can communicate “very” privately off board?
Yedda: RE: Prospexx Integrated Capital Barrett Capital Exchange Tom Mckenzie…
Makeitright answered: re:How can companies such as Prospexx Integrated Capital and Barrett Capital Exchange be allowed to continue taking fees off people and then produce nothing. Surely in any jurisdiction it is theft and at the very least immoral. T…
TO:TJ
The only way to communicate is for you to leave me your email on this blog. And then I’ll give you further instructions.
LAST POST:
The list created above is an INDEX of companies and people mentioned on the prior 199 posts. It is not to be misconstrued as a “BLACKLIST” of any sort.
I do not have a personal opinion of ANYONE or COMPANY listed on this blog.
I do not know Inquistor- CERTAINLY I CAN NOT GET STOLEN MONEY RETURNED TO YOU BECAUSE I DO NOT HAVE A MAGIC WAND.
I can remind: Do not give anyone upfront monies, allow your funds to move out of your control (not even a sub-account or attorney’s escrow account. Do a DD on everyone as you would in any business transaction. If you sense a bait and switch, or reluctancy to release someone’s name and phone number as would be customary in any transaction – make good decisions. Consult a assistance if you need guidance or further information.
If you become a victim: Do not remain silent! File the appropriate reports with the SEC, FINRA, or any other applicable Authority as soon as poossible.
Street Broker’s should not advise on moving client’s funds or paying anyone they haven’t tested with their own funds first! Clients aren’t test mice!
Junior- you have contributed valuable information. I would ask you to consider before endorsing ANYONE make sure you really know. Personally I could but I won’t mention- one of your endorsements could cause problems if someone takes your word for it!
Cypress- if I read a good and a bad- I would probably DD this person more carefully!
No longer will I be able to return emails.
A GOOD FRAUD MIMIMCKS THE REAL THING!
Old Pro:
como2111@hotmail.com
Regards,
tj
OLD PRO:
Can you please email me at:
jrgholdings at gmail dot com?
Regards
OLD PRO,
I am a principal and am interested in speaking with you. I know the banking industry and you are completely right on an admistrative hold. Adminstrative holds are loved by the banking industry because it still allows them to go to the Fed window and borrow against those funds.
bdecker@macarthurwealth.com
Lauren,
Thanks for the link and sorry to see this is your last post.
If you happen to look here can you please forward me the name of the person in Florida you said you had. I would like to speak with them concerning CMO’s.
Thanks!
Dale
Doug,
Could you please email me the contact info for the judge. I would be most appreciative.
Thanks
Fisher1228@aol.com
To all: great comments, as I too have encountered many of these jokesters.
TO OLD PRO: Would you mind contacting me off board at: revoloncapital at gmail dot com?
TO Anyone who can put me in contact with the judge: Please contact me at the email above in this post.
Thanks
Rev
Old Pro,
I would like to speak to you regarding PPP.
Please e-mail me:
sharon.wise73@yahoo.com
Thanks
OLD PRO
please email me
stacerlee@cableone.net
Has anyone done business with or having any info on Brandon K Watson with Pudong Fiscal Holdings?
Revolon,
Please leave your email address and I will write you off board concerning the the Judge.
DEG
Hi All
I have read you comments about Prospexx I.C with ineterest, and I too was taken in by these people, paid due diligence and delay and excused over a year period and then nothing…
But, reading this has given me great heart, because there is so many people on here who have been scammed (Sorry, not understood the process). Well let me say now, I have just had my eurika moment…
If all the people on this forum send me (NOW!!!) $10K I will be able to fund my project, I can keep you hanging on for a year with excuse after excuse and then when I have completed my project I can then (Unlike Prospexx I.C) give you your money back explaining we cannot get funding, JUST BRILLIANT!!! so please send it NOW!!
Oh and by the way I have used my real Name Tom McKenzie so as you state in your response “Real Debate” please do not hesitate to contact me “you know my number”.
P.S. Just in case you forgot my name is Kevin Ryan
P.P.S DO NOT TOUCH THEM!!!
Kevin,
The checks in the mail!
But seriously, kiddingly you make a very good point and one I have pointed to for quite a while. What if all of the honest people on here as well as other sites like this came together and networked.
There are people on here with Cash, bonds, Securities, etc. all looking to do legitimate projects. Can you imagine if we all came together and took our collective strengths and pooled them. The financial strength created from this type of union could fund a great deal of projects.
So, maybe the key to all this is structure and networking. Maybe someone needs to generate an idea for this type of union where human capital and monetary capital come together to accomplish something that as individuals we are struggling with.
I know it sounds crazy, and I know there will be some that will shoot holes in the theory but there are a great deal of good people here all looking for answers. It just seems there should be an easy way to bring us all together.
DEG
DEG
My email is the same as it was in the first post.
revoloncapital AT gmail dot com
Thanks and look forward to hearing from you.
Have anyone done any business with Aspen Capital Group LLC in Kingston,PA/Douglas Martin ? Thanks!
Hello All,
Great Job Lauren on the the Copy and Past of potentials in the field.
To move forward:.
Has or does ANY ONE know of a Richard McCullum Jr. and or his group?
Please advise and keep the protection coming friends.
It’s been awhile since I’ve been on here. I see the business defrauders are still defrauding. I’ve read some very knowledgeable comments. I hope some of you principles learn from it. OLD PRO, great teaching, I’ve learned something new. Even though I have great providers that has proven success, I can never know it all.
We’ve been administering the Adm.hold and MT799 to bring clients into trade, which has been great for all parties.
The only thing that has beaten those 2 things is our latest project provider, the program been preforming for 10+yrs, it transparent, proven results with no holds on funds at all. Oh! best of all its domestic trading out of one of US top 3 banking institutions with daily payouts.
What I’ve been seeing allot of is principles are now so scared of losing funds, they’re going into these programs looking for fraud not success. The last thing a reputable provider wants is the FEDs breathing down their necks do to an investor being paranoid. Even if the program is legitimate, if there’s any kinda solicitation involved, it’s against the law.
We gotten CIS from clients never knowing they’ve let someone else place them into compliance in other programs this makes reputable providers look like frauds, which gets you blacklisted very quickly. I’ve also been receiving allot of fraudulent CIS packages from so called investors.. This business has gotten very nasty within the last several years.
Do to new US regulations within GMNA, Freddie, Fannie and HUD. This is made it hard as hell to get CMOs to past compliance. We’ve decided to wait until the first of next year before proceeding with CMOs. Let the government sort out that mess. So if you want to take CMOs into trading, save yourself some time, monetize and use cash.
And last but not least!!!! investors looking for the $100m payout after investing $1m, even if you’ve piggy backed, it’s very unlikely to happen. The compounding system. maybe if the providers are reputable, or you direct to a $billion provider who JV with you. Other than that.. NOT HAPPEN
I do have a CD purchase program that will help you get to your goal of getting a fairly big payout contact zw@tidalwavecorp.com me for more details. All programs I’m speaking of never require an investor to EVER transfer his/her funds. If you don’t have an account with BOA, HSBC, Chase or Citi Banks I suggest you create one.
I provided this info. cause I’ve seen a couple names on this blacklist that has done successful deal with associates of mine. But when an investor lack experience in this business it can cause problems for everyone, this comes from resent experiences. Make sure before you post someones name as a crook be 100% sure, because our reputations a for more greater than a dollar any day.
I wish you all much success
zw@tidalwavecorp.com
S of FL call me ASAP
Thanks
Lauren,
I emailed you. Please check you junk and or spam. We have our own server and domain and alot of times my emails end up there.
Please advise.
S.
Tom
I am very public ally asking you for a refund of the fees I paid to your company Prospexx Integrated Capital.
Your excuses for delays and false promises of completing the funding were not contemporaneous.At no point did you attempt any variation of risk reward only an automated bland response to the hurdles your investors created.Our project was always fully secured via assets that you informed us had passed due diligence not once but twice.
The delays were purgatory and have cost us both in time credibility and hard cash.The documentation you initially furnished us with will be made very public as read with your reasons for not funding and the time span just confirm a good deal of the negative sentiment on the Internet.
If a commitment is not made within 5 days to refund my fees and adequate compensation.Not only will I start publicising transcripts of which I received from the Broker and directly from you.I will start legal proceedings and traditional mechanisms not just internet publicity.When read in hindsight they become very damming maybe it has slipped your mind some of the dialogue we had.
I am sorry as you said on our final conversation you do not like the tone but facts prove everything.
Remember our funding was for only $700000 and you talk as if you can access millions.Speak through my Broker and I would advise you to respond on here also.This page has very few links as yet and still comes high on searches.This is not a campaign it is just a simple demand for a refund and compensation as I paid and received nothing Simple
Deg,
I look forward to receiving your cheque!!!
Being serious for one moment, these sites are very good to find out who not to touch, what I am missing here is who to approach “The Good Guys”, does anyone know who they are as they seem to be as rare as hens teeth!
I want to see posting like this to stop those who steel our hard earned cash and live of the proceeds of ill gotten gains, however in the reverse I would also like to reward those who do business in a professional maner and give them my business, we can all earn a good living without lowering ourselves to steeling from people.
So, if anyone would like to recommend a broker / Angel investor who is reliable/honest and doesn’t take your money before he earns it then please send me their details or post for everyone to see.
If anyone would like to create a group who finds good investers / lender I am happy to do something, not sure what any suggestions.
Happy for anyone to contact me kevin.ryan@tecomastan.com
Regards
Kevin
Hello
Has anyone dealt with TC Holding AG with a gentleman called Gunter Monseler , am presently doing a deal .. want to be double sure of his dealings.
thanks
Kevin,
I Don’t know why you didn’t receive my cheque by now, it must have gotten lost in the mail, or maybe it’s being delivered by the same courier that is delivering the contract for Trading my bond I have been waiting for; but I’m sure it’s just an honest mistake. Just be patient because it’s going to be huge, in the B’s or T’s!
The funny thing about this business is once someone finds something tangible they either keep it a secret for themselves claiming a non disclosure agreement or they try to profit from the information.
Maybe there is a way to address both of those issues but still create a venue for those in need to find what they are seeking. I have networked with people all over the world successfully so this shouldn’t be that difficult. So if we come up with something I am not afraid to throw money at any good ideas that come along.
A perfect example is; I was originally told about this site by Lauren who has posted above. I came on to check it out and found myself reading every post on the site.
There are good people on here, Lauren is one of them. I asked her to help me because I am trying to fund a very good Humanitarian project. Without hesitation she was calling me and introducing me to people that could possibly help me and she wanted nothing in return! Wow, what a breath of fresh air.
So maybe it’s as simple as starting a list of who wants to network and what their strengths are and in turn what their focus might be. Or maybe it’s as simple as starting a website where members can log on and post offerings or give news about deals they have closed or opportunities they have found.
I have truly enjoyed reading some of the posts by people like “Old Pro” who gives great advice and information. Wouldn’t it be nice to have a site where people like “Old Pro” could write a column giving insight on topics along with current opportunities that exist in the market?
A site that is positive but also informative where opportunities can be posted that has been verified through use by members.
Websites are cheap and easy to develop, or maybe it’s as simple as approaching the creators of this site and collaborating with them on incorporating this idea into their site which could benefit them as well as everyone else.
What do you think?
DEG
DEG
I agree 100% with your points from something negative comes an equal positive This site being one of them there has been a worldwide correction of Markets and all the resultant symptoms.Maybe things could be started afresh with your posting in mind. A White list that would immediately rise to prominence and individuals and companies prove how competent they are by default proof and transparency e,t,c.
Reading the postings on this site has been an education in itself and kept me sane through a period of delay that is simple to prevent recurring by giving information.
Lauren has alluded to it previously and it seems so obvious but nowhere on the net is really achieving it.
Kevin made a great point in an entertaining way and maybe the reason these operators are coming to light and people wait for them is it is difficult to find alternatives in the current environment.
Maybe in the past they did fund the odd thing with fees they took and maybe people found alternatives and forgot about them.
Sandy
Below is:.
** Public ** View the names of the listed below and follow the link at the bottom and in MY and my firms opinion ** STAY AWAY** from them
Other:. Our firm is looking for other Investors to go into trade with us. We believe to have found THE REAL DEAL, however let me be honest as well. “WE have NOT closed with anyone or group on that spectrum friends” We are merely “looking” for other Angel Investors to work with as a buy in unit by invitation from an actual trade group who IS licensed and can show proof of the programs.
It has become aware to me and my firm that NO ONE can trade under $1M, you have to be invited by the trade group “not a J.V.” you CAN NOT trade leased or borrowed funds.
The A.B.C’s to ANY Platform trade:.
A. Your money is NEVER to be encumbered. B. Your money NEVER leaves YOUR acct. C. You can close and collect YOUR money at any time.
Now to the good stuff:.
Investors Claims Funds
This page lists the S.E.C. “Security Exchange Commission” enforcement cases in which a Receiver, Disbursement Agent, or Claims Administrator has been appointed. Funds that are recovered and available for investors will be distributed according to an approved plan.
In addition to seeing whether a claims fund has been established, you may want to find out whether a private class action has been filed against the company you are or have invested in. If you’re aware of violations of the securities laws, please contact S.E.C. by using their online complaint form.
If your broker-dealer has gone out of business, you can visit their website of the Securities Investor Protection Corporation to find out whether your firm is the subject of a liquidation proceeding and how you can obtain a claim form.
Alphabetical Index:.
A
ABC Viaticals, et al.
Acorn Capital Management
Advanced Financial Services, Larry W. Tyler, et al.
AIM Advisors, Inc. and AIM Distributors, Inc.
12daily Pro
4NExchange, LLC, Paul R. Grant and Ronald Bassett
Alanar, Inc., et al.
Alliance Capital Management, L.P.
Alpha Telcom, Inc.
American-Amicable Life Insurance Company of Texas
American Express Financial Advisors Inc.
American Express Financial Corporation
AmeriFirst Funding, et al.
American International Group, Inc. (AIG)
AOB Commerce, Inc., et al.
Archie Paul Reynolds a/k/a Dr. A. Paul Reynolds and Success Trust and Holding LLC
Arthur Nadel, et al.
Ashbury Capital Partners, L.P., Ashbury Capital Management, L.L.C., and Mark Yagalla
B
Banc of America Capital Management, LLC, BACAP Distributors, LLC, and Banc of America Securities, LLC
Banc of America Securities LLC
Beacon Hill Asset Management, et al.
Bear, Stearns & Co., Inc. and Bear, Stearns Securities Corp.
Bennett Funding Group, Inc.
Benny L. Judah and Excel Lease Fund, Inc.
Bentley Financial Services, Inc.
Bernard L. Madoff Investment Securities LLC
Billion Coupons, Inc. (aka Billion Coupons Investment) and Marvin R. Cooper
Biltmore Financial Group, et al.
Biltmore Securities, Inc.
Bio-Heal Laboratories, Inc., et al.
Bottom Line of South Florida, Inc., Andres L. Pimstein, et al.
Bradford C. Bleidt and Allocation Plus Asset Management Company, Inc.
Bridgeway Capital Management, Inc. and John Noland Ryan Montgomery
Bristol-Myers Squibb Company
C
Capital Consultants, LLC, Jeffrey L. Grayson, and Barclay L. Grayson
Capital Enhancement Club
Cardinal Health, Inc.
Carolina Development Company, Lambert Vander Tuig, and Jonathan Carman
Cash 4 Titles, Charles Richard Homa, and Michael Gause
CEP Holdings, Inc. D/B/A Colonendparenthesis.net, Trevor Reed, Clayton Kimbrell and Colon End Parenthesis Trust, LLC
Charis Johnson, LifeClicks, LLC, and 12daily Pro
Charles W. Crouse and Norman R. Hess
CIBC World Markets Corp. and Canadian Imperial Holdings Inc.
CIHC, Inc., Conseco Services, LLC and Conseco Equity Sales, Inc.
Cobalt Multifamily Investors I, LLC, et al.
Colin Nathanson, et al.
Columbia Management Advisors, Inc. and Columbia Funds Distributor, Inc.
Commonwealth Equity Services, LLP d/b/a Commonwealth Financial Network; Detwiler, Mitchell, Fenton & Graves, Inc.; James X. McCarty
ConAgra Foods, Inc., et al.
Concorde America, Inc., et al.
Creative Capital Consortium, LLC, et al.
Credit Bancorp, Ltd.
Credit First Fund, LP, David R. Lund, et al.
CRW Management, L.P. et al.
Currency Trading International, Inc., et al.
D
David M. Mobley/Maricopa Investment Fund, Ltd.
David Tanner d/b/a/ Capital Enhancement Club, et al.
Dean Foods – Michael J. McCloskey, et al.
Diversified Lending Group, Inc., et al.
Donald Anthony Walker Young, et al.
Donald Matthew Greth and Brenda B. Melton
D.W. Heath & Associates, Inc. et al.
E
Edward D. Jones & Co.
Edward S. Digges, et al.
Edward T. Stein, et al.
Elfindepan S.A., et al
Emvest Mortgage Fund, LLC, Emvest, Inc., and Milon Lyle Brock
Enron
Enterprise Trust Company, et al.
Excel Lease Fund, Inc.
F
Federal National Mortgage Association (Fannie Mae)
Federated Investment Management Company, Federated Securities Corp. and Federated Shareholder Services Company
First Choice Management Services, Inc. and Gary Van Waeyenberghe
First Command Financial Planning
FOMAC International, Inc.
Frank D. Gruttadauria et al.
Franklin Advisers, Inc.
Fred Alger Management, Inc. and Fred Alger & Company Incorporated.
Freedom Financial, Inc., et al.
Fremont Investment Advisors, Inc. et al.
G evil:
Gemstar-TV Guide International, Inc.
Gen-See Capital Corporation and Richard S. Picoli
Geoffrey A. Gish; Weston Rutledge Financial Services, Inc.; Zamindari Capital, LLC; Lexington International Fund, LLC a/k/a Lexington International Fund, Inc.; and Oxford Adams Capital, LLC
Gerson Asset Management
Global Express Capital Real Estate Investment Fund I, LLC et al.
Global Money Management, L.P., LF Global Investments, LLC, and Marvin Friedman
Global Online Direct, Inc., Bryant E. Behrmann and Larry “Buck” E. Hunter
Global Research Analyst Settlement
Gold-Quest International, et al.
Grant Thornton LLP, Doeren Mayhew & Co. P.C., Peter M. Behrens, CPA, Marvin J. Morris, CPA and Benedict P. Rybicki, CPA
H
Heartland Financial Services, Inc.
Heyman International
Homestore, Inc.
Horizon Establishment
Huntington Bancshares, Inc.
I
i2 Technologies, Inc.
International Capital Management, Inc.
International Equity Advisors, LLC and Richard Roger Lund
International Fiduciary Corp., S.A., et al.
International Funding Association, Ronald Stephen Holt, et al.
International Management Associates, LLC et al.
Invesco Funds Group, Inc.
IPIC International, et al.
J
Jack Brown, Jules Fleder et al.
James B. Roberts, FOMAC International, Inc., and Consultores Las Tres Americas S.A.
James M. Nicholson et al.
James P. Lewis, Jr., Financial Advisory Consultants, et al.
James R. Harrold, et al.
Janus Capital Management LLC
Jeffrey Fishman and Medemil LLC
John Wayne Zidar et al.
Jon W. James, J.W. James & Associates, et al.
Joseph Contini, D/B/A Personal Portfolio Watch
Joseph S. Forte and Joseph Forte, L.P.
J.T. Wallenbrock & Associates, Citadel Capital Management Group, Larry Toshio Osaki, and Van Y. Ichinotsubo
K
K.L. Group, LLC, et al.
Kenneth Roy Weare, also known as Roy Weaver, J&K Global Marketing Corporation, and AAA-Auction.com, Inc.
Knight Securities L.P.
KS Advisors, et al.
K.W. Brown and Company, Kenneth Brown, et al.
L
Le Club Prive S.A.
Learn Waterhouse, Inc. et al.
Lincoln Funds International, Inc.
Lotus Development Corporation
M
Madoff, Bernard L.
MAK 1 Group Enterprises, LLC
Massachusetts Financial Services Co., John W. Ballen, and Kevin R. Parke
MBIA Inc.
Medemil LLC et al.
Medical Capital Holdings, Inc., et al.
Megafund Corporation
Merrill Scott & Associates, Ltd., et al.
Michael Lauer, Lancer Management Group, LLC, and Lancer Management Group II, et al.
Michael J. McCloskey, et al. (Dean Foods)
Mid-America Foundation, Inc., Robert R. Dillie, et al.
Millennium Bank, et al.
Millennium Financial, Ltd. and Newpont Fiduciaries & Nominees, S.A.
Millennium Partners, L.P. et al.
Mobile Billboards of America, Inc., et al.
Mutual Benefits Corp., et al.
MX Factors, LLC et al.
N
Nations Warranty Group, Inc., Jonathan W. Mikula, John B. Craddock and JW&P Consulting, LLC
NexstarCommunications, LLC
NJ Affordable Homes Corp. and Wayne Puff
North American Clearing, Inc., Richard L. Goble, Bruce B. Blatman and Timothy J. Ward
Northshore Asset Management LLP, et al.
Novus Technologies, LLC, et al.
NYSE Specialist Firms
O
Ohana International, Inc., Financial Solutions, and Christiano Hashimoto
Oversea Chinese Fund Limited Partnership, et al.
P
PA Fund Management LLC f/k/a PIMCO Advisors Fund Management LLC et al.
Par Three Financial Group, Inc. and Melvin D. Ruth
Pay Pop, Inc.
Pension Fund of America LC, et al.
Pilgrim Baxter & Associates, Ltd., Gary L. Pilgrim and Harold J. Baxter
Pinnacle Development Partners LLC and Gene A. O’Neal
PinnFund USA, Inc.
Pittsford Capital Income Partners, L.L.C., et al.
Platinum Investment Corporation, et al.
Plus Money, Inc. and Matthew La Madrid, et al.
Premium Income Corp, et al.
Presto Telecommunications, Inc.
Provident Royalties, LLC et al.
Prudential Equity Group, LLC, formerly known as Prudential Securities Inc.
Putnam Investment Management LLC
Q – NONE….YET
R
Ray M. White and CRW Management, L.P
RenaissanceRe Holdings, Ltd.
Resource Development International LLC, et al.
Rey Salomon, Jr., and Ellen H Development LLC
Robert Louis Carver, Robert Louis Carver II, James Lowell DeMers, Lincoln Funds International, Inc., and Paropes Corporation f/k/a Brookstone Capital, Inc.
Robert Allen Stanford, Stanford International Bank, Stanford Group Company and Stanford Capital Management
Royal Dutch Petroleum Company and The “Shell” Transport and Trading CompanyNew
RS Investments Management, Inc. et al.
S
Safevest, LLC, et al.
Sebastian International Enterprises, Inc.
Secure Investment Services, Inc. et al.
Sherbourne Capital Management, Ltd., et al.
Southern Financial Group, Inc.
Spear & Jackson, Inc.
Stanford International Bank, et al.
Steve Madden Ltd.
Strong Capital Management, et al.
Success Trust and Holding LLC
Sun Empire, LLC, et al. and Sun Group, et al.
Sunwest Management, Inc., et al.
Superior Opportunities, Inc.
Systems of Excellence and Charles O. Huttoe
T
T-Bar Resources LLC and Tommy Eugene Barber
Terry L. Dowdell, et al.
Time Warner Inc.
TLC Investments & Trade Co., et al.
Travis E. Correll, individually and doing business as Horizon Establishment, et al.
Tri Energy et al.
Tuco Trading, LLC.
U
Universal Express et al.
Universo Foneclub Corporation et al.
U.S. Reservation Bank & Trust, Higher Investment Technologies, Inc., Global-Link Capital Markets L.L.C. et al.
V
Veras Capital Master Fund, et al.
Vescor Capital Corp., Val E. Southwick, et al.
Viatical Capital, Inc., d/b/a Life Settlement Network, Life Investment Funding Enterprises, Inc., Charles D. York, and Robert K. Coyne
Virtual Cash Card, et al.
Virtual Private Marketplace, Ltd., Gary L. Moody, Steven R. Moody, and Billpay Systems LLC
Vivendi Universal, S.A.
W
W Financial Group, LLC, Adley H. Abdulwahab, Michael K. Wallens, Sr. and Michael K. Wallens, Jr.
WG Trading Investors, L.P., et al.
W.L. Ware Enterprises and Investments, Inc. and Warren L. Ware
Waddell & Reed, Inc.
Wealth Pools International, Inc.
Wellington Bank and Trust, Ltd. et al.
Wellness Universe, et al.
Westgate Capital Management and James Nicholson.
Weston Rutledge Financial Services, Inc.
Wextrust Capital, LLC et al.
William L. Brotherton and International Business Consortium, Inc.
World Class Limousines, Inc., 1-800-GET-LIMO, Inc. and 1-800-GET-LIMO Service, Inc.
WorldCom
Worldwide Entertainment, Inc., et al.
X
Xerox Corporation
Y – NONE….YET
Z – NONE….YET
Archive of Investors Claims Funds Notices
What You May Not Know If You are Seeking a Program (commonly called a PPP, PST, or HYIP)…
You need a friend, not a Broker, Consultant, Mandate, Intermediary, JV Partner, Attorney, or CPA.
Now “friend” has a strange definition in the underground world. It is not someone who exchanged emails with you or a few calls. Not even some one who met you in a coffee shop. Especially, not someone who demanded an agreement to pay them. It is a “Principle.”
For this conversation the definition of a Principle is synonymous with a “Participant in a Program”.
Many legitimate programs who have been running successfully for a reasonable period of time do not look for John, Joe, David, Steve, Ken, and Chris from the Internet to bring in business because they DO NOT CONDUCT BUSINESS on the Internet. They do not need these people. They do not need your money!
Here is a dirty little secret Broker’s do not tend to believe, they are only getting paid if this is their client. Meaning, if John brought it to Joe who sent it to Chris who actually has a “FRIEND” I will tell you Chris is the only one who will receive a commission so John should be very close with the client to be secured he will be paid, and Joe must trust Chris or he doesn’t have a shot since it is not his client. The trade group asks questions to the client regarding outside agreements. The truth is they simply do not care who the client pays, but they do make it clear it is not required to pay these people to stay in the program. If your agreement is OUTLANDISH, they will heavily advise against it.
Next, keep your money in YOUR pocket or advise your client to keep their money in their bank account. Anyone who advises for the funds to go to a JOINT account, attorney’s escrow account, or wired into SPACE- I promise you this is HIGH RISK. Only try it if you enjoy Roulette!
There really is no mystery or secrecy to the MBP – The money, the broker and the program as some may lead you to believe. If you have followed the yellow brick road everyone will be transparent. As in a normal business transaction, names, numbers, emails, registration numbers (if applicable) will be available. There are NO SECRETS. The only difference is you may not demand this information upfront. You must clear compliance for complete access.
Here is clue #1:
If you can say you are bi-lingual and understand the following:
The language of the underground arena is filled with acronyms. If you have found your way here you probably know most of them yourself. It goes something like this..Do you know of a legit PPP or PST, I am one man away from the TRADER, I got the HYIP that can quadruple your investment in a month, so if you MT 760 your asset, we can MT 103 or ICBPO profits upon delivery, and tell your client to have his banker SWIFT 799, if the client’s funds are stateside have their bank issue a 542, don’t forget I need you to notarize the FPA and C&D the broker who didn’t preform, and to meet the Principle sign the JV and the Non-Solicitation, don’t worry if you don’t have the cash you may leverage your MTN’s, BG’s, CD’s, SBLC’s, T-Bills, & T-Strips, it is ok if they are fresh cut or slightly seasoned, and include your LOI & MOU with your application with a one page summary of your project, and if all of the above is too difficult we got a POF you can Lease with no upfront fees, and now you have been all around the world to Kings and Sultans who have requested your assistance through their Mandate, the rep will verify the SKR, and (MY FAVORITE) don’t worry you will wire your funds to an attorney’s trust escrow account. If you are laughing you probably understood every word you just read.
Most importantly, it is a sign you are still in the underground arena!
Clue #2- Do not send your complete package to ANYONE until you are sure or have been instructed to do so. A short CIS & proof of asset is enough. You can xxxx the account number too. If you do not see why this is so important because you think they can’t do anything with your information- YOU ARE CORRECT. What will happen is you will be on overload with solicitations from everyone who says they can do it! Worse case scenario, they could tarnish the package but coincidently submitting to two separate programs creating major issues for you!
Becareful with your Clients, Know who you are engaging, and be a BODYGUARD to the ASSETS!
To OLD PRO:
Will you please contact me “off Board”.
I greatly appreciate it! Thanks!
ABFinternational@bellsouth.net
AFRIEND said:
What You May Not Know If You are Seeking a Program (commonly called a