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  • Report:  #97870

Complaint Review: AAA Business Solutions - Sam Nelson

AAA Business Solutions - Sam Nelson ripoff $18,000 that we were supposed to receive interest payments on payments stopped and demand for refund ignored Medford Oregon

  • Reported By:
    Central Point Oregon
  • Submitted:
    Wed, July 07, 2004
  • Updated:
    Wed, July 07, 2004
  • AAA Business Solutions - Sam Nelson
    711 E. Main Street #18
    Medford, Oregon
    U.S.A.
  • Phone:
    541-779-5794
  • Category:

Gave $18,000 to Sam Nelson President of AAA Business Solutions January 2, 2003. Signed Promissory Note stating interest payments of $240 to begin February 3, 2003 and to continue monthly. Received some payments then they stopped completely.

Called Mr. Nelson stated he would straighten it out it was someone elses fault. Never received payment. Sent demand for entire principal to be paid in 60 days as per contract on April 6, 2004. NO MONEY RECEIVED AND NO CONTACT AT ALL FROM SAM NELSON
AAA BUSINESS SOLUTIONS!!!!!!

Jill
Central Point, Oregon
U.S.A.

1 Updates & Rebuttals


Boz

Fort Cosmo,
District of Columbia,
U.S.A.

Ponzi

#2Consumer Comment

Wed, July 07, 2004

Hello it is texino. I am tired from pulling stems and I am tired of the amount of crazy rip-off that is going on in this country.

Like this lady, I think the Ponzi scheme has gotten her $18,000

Most often someone say, give to me some money and I will pay it to you back or else I will pay you a lot of interest. Now $240 per month is 16% and that is a good return. Of course, if Sam has your 18000 and then he gets another 20k from some one, well he can pay a couple of interest payments while he is scamming some more investors. Finally, he will have a couple hundred thousand and he will disappear. Meanwhile you have paid $18000 to get less than one grand. Good deal for Sam.
Better call the cops.

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