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  • Report:  #371096

Complaint Review: BLUE BAY ADVISORS

BLUE BAY ADVISORS DON'T PAY EMPLOYEES AND IS A HUGE SCAM!!! SAL ESPOSITO IS A CONVICT!! Orlando Florida

  • Reported By:
    Sloconb Alabama
  • Submitted:
    Tue, September 09, 2008
  • Updated:
    Sun, April 15, 2018
  • BLUE BAY ADVISORS
    30 North Orange Ave Orlando Fl.
    Orlando, Florida
    United States of America
  • Phone:
  • Category:

I worked for this company for several months and went along with all the lies just for the money. They have LOST so many good employees, because the owner SAL ESPOSITO aka Peter Miller ( personal cell phone number 407.879.7909) and his crack-head brother JOE ESPOSITO aka Jim or James Ryan (personal cell phone number 407.879.7069) don't pay their employees the 40% commission on the fake title searches and estoppel letters they say they need in order to sell your timeshare. They cost maybe 5 bucks at the most.

They actually pay employees of resorts in orlando under the table to steal phone numbers from customers so they can call and pitch them.

Places like Orange Lake, Westgate, Vacation Village. When you get a call form these people, it's from xeroxed copies stolen form the resorts that have been stolen.

This place is about to go out of business because they are sending all the money they scam from people to off-shore accounts and write bad checks from WACHOVIA bank to their employees that don't cash.

Sal lies and says that the merchant accounts are messed up, so he doesn't pay you, for that week and a bunch of empty promises are made for the next week. You're afraid to quit, because you won't get paid. I've seen over 30 people get f***ed out of their paychecks unless than 3 months. I died laughing when I read the rebuttells Joe had posted about firing people like Gunnar Jenkins and Tyler, and Michael Schumaker. They all quit because they were not getting paid and were TOP SELLERS. ALL their money went up Sal and Joe's nose instantly.

They are Coke heads and alcoholics..always making excuses as to why there is no money in the accounts to pay employees. It was embarrassing going to the bank over and over in the same day.

The bank employees would even laugh about the situation.Yeah...everyone knows that works there it's a huge scam, but the money is good if you actually get paid, which in most cases you don't! They are also six months behind in rent of their office because of financial mismanagement and excessive drug and alcohol abuse. Everyone uses fake names over the phones too.

Sal and Joe are drunks and drug addicts and have both been in prison for running "boiler room" types of scams in New York selling fake stock.

Only the biggest SUCKERS WOULD SIGN UP WITH THIS SCAM.....and that's exactly what they are looking for. This place scams about 50 grand a week from people, but yet they can't come up with money to pay their employees because of problems with their merchant accounts. Do yourself a favor and call your credit card company and charge back their account as fraud. THEY WILL SAY ANYTHING TO GET YOUR CREDIT CARD NUMBER.

xoxo, Jack Adams

Jack Adams Sloconb, Alabama
U.S.A.

5 Updates & Rebuttals


Scammed Too

San Antonio ,
Texas,
United States

Don’t Pay Anything Up Front

#6Consumer Suggestion

Sat, April 14, 2018

Back in 2007 Blue Bay Advisors scammed me out of $645. I didn’t know better and certainly didn’t know anything about real estate. In the real estate business, money is not exchanged until the property is sold. Mr. Enrique Melendez stated that I needed to send $295 for the estoppel letter and $350 for the title search. This is not the process if they’re a reputable real estate business. Never pay up front... this is something they would do, which is why they get a percentage of the sale price. They cashed the check and didn’t hear anything from them. I made a BBB complaint but they claimed that the heck bounced. It didn’t bounce... I had a copy of the cashed check with their signature on it. As for the employees, look over your right shoulder and do the right thing. If you know they’re scamming fellow employees and clients, report them or don’t work with them.


margaretsims90

Alabama,
USA

Timeshare Scam

#6Consumer Comment

Mon, November 30, 2015

This company is one of the most fraudulent developers in the timeshare industry. The only thing you can do is cancel your timeshare contract. I recommend you to read an article with good information about these fraudulent companies: http://www.timesharescam.com/blog/68-timeshare-scams-mexico-vs-us-why-are-there-more-situations-of-fraud-in-mexico/


F*** by blue bay advisors!!

Orlando,
Florida,
U.S.A.

Wrong person

#6REBUTTAL Individual responds

Sat, October 09, 2010

I worked for this company, for a couple weeks as a receptionist untill I realized it was a scam. I never wrote this report, or anything about this company until now. I just decided to Google myself. They must have me mistaken with someone else, because they don't even remember my name. I bet they picked it out of a stack of people that quit.

In Conclusion, I have NO charges filing against me, have ever been filed, or ever been convicted of anything so ridiculous that these people are claiming. Just check THEIR history of lying and jail time. Sad, that they can't even run a company well enough to remember who people are.


Joe Esposito

Orlando,
Florida,
U.S.A.

** FORMER EMPLOYEE IS POSTING LIES **

#6REBUTTAL Individual responds

Mon, September 15, 2008

Our company is being victimized by a past employee that keeps posting terrible lies about our company.

The attacks are becoming more and more personal, and show the true character of this individual Katie Erkens. She currently has a police warrant out for her arrest for Forgery, Theft, & Possession of a Controlled Substance.

I'm not going to waste my time by answering these ridiculous postings, I am a better person than that and I would hope that anyone that reads this posting would sympathize.

It is true that I have fired numerous employees in the past for lying to my customers and it is our policy to withhold their pay for 90 days. If there is anyone researching our company, I welcome them to speak to all of my employees.


Joe Esposito

Orlando,
Florida,
U.S.A.

** FORMER EMPLOYEE IS POSTING LIES **

#6REBUTTAL Individual responds

Mon, September 15, 2008

Our company is being victimized by a past employee that keeps posting terrible lies about our company.

The attacks are becoming more and more personal, and show the true character of this individual Katie Erkens. She currently has a police warrant out for her arrest for Forgery, Theft, & Possession of a Controlled Substance.

I'm not going to waste my time by answering these ridiculous postings, I am a better person than that and I would hope that anyone that reads this posting would sympathize.

It is true that I have fired numerous employees in the past for lying to my customers and it is our policy to withhold their pay for 90 days. If there is anyone researching our company, I welcome them to speak to all of my employees.

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