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  • Report:  #1533512

Complaint Review: Your Bosses Link

Your Bosses Link Chicago Mike REAL ESTATE PONZI INVESTOR SCHEME, WATCH OUT CHICAGO! Chicago Illinois

  • Reported By:
    Soapbox Vigilante — Illinois Chicago United States
  • Submitted:
    Thu, July 25, 2024
  • Updated:
    Thu, July 25, 2024

I met Mike at his "investment property" at 4025 S Western blvd on Monday May 6, 2024. He gave me and my partner a tour of the place and told me about this "great opportunity" where they "helped people get out of poverty". He told us that he has this great "investment opportunity" and that he wanted us to sign up as a "partner"--he showed us this huge gigantic space, full of multiple rooms with surplus amenities that anyone would deem would be "too good to be true", especially for the price that he was pitching the "investment" as. Really, he was just telling people that if they signed up through a Klarna or Afterpay plan, that he will allow them to access the space without having to pay steep rental fees. He had us go ahead and initiate the plan with Klarna, telling us that he was just doing this to "give us a scholarship" and "see if it works". We never received a scholarship. In fact, they ended up charging us over 3k through Klarna with $900+ interest on a plan. We never even got to use the space after we signed up, and it was not supposed to be an official agreemnt. In fact, we were supposed to have a contract -- and it was supposed to be signed by both parties. Never happened. Now they are straight up ignoring us and are not going to refund us our money. We have a sneaking feeling that others have been scammed. If this "business" approaches you and tells you to buy into this "investment opportunity", please look up the word "Ponzi Scam". This is the very definition of a Ponzi Scam. There is no actual property, I doubt that they even actually own the building or even have the authority to rent it out to "partners" the way they have been. There are no true commercial services being offered here other than their attempt at grabbing innocent people and using services such as Klarna and Afterpay, that will pay you upfront and take on the financial risk no matter what happens, as a way to scam innocent people. CHICAGO, BEWARE! Also, anything over 3k is a FELONY. And running a PONZI SCHEME is an FBI matter. It is a white collar crime. This is SERIOUS. 

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