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  • Report:  #936882

Complaint Review: Earl Wescom

Earl Wescom Mayfield Wealth Group False statements contained in a Letter of Intent New Port Richey, Florida

  • Reported By:
    Dman517 — San Diego California USA
  • Submitted:
    Wed, September 05, 2012
  • Updated:
    Wed, September 05, 2012

During July 2012, we received the following Letter of Intent in regards to the purchase of a specific Bond that we had for sale: 

Dear Sirs,
I Earl Wescom authorized signatory, hereby confirm with full legal responsibility, that we are ready, willing and able to purchase the bond(s) offered, for the price offered of $5,000,000,000, less commissions providing you can provide me a photo of at least one of the bonds, front and back, showing the bond number if any, This offer is valid for two days, from todays date of submission.
Bonds must be GOOD, CLEAN, CLEARED FUNDS/ASSETS of non criminal origin and are free and clear of liens or encumbrances of any nature. Said BONDS must be proven to be real and authenticated. In order to accept the bond, we will require a picture of the bond, with todays newspaper, showing all four corners, being held by the owner, with his passport, of both the front and back of the bond. I will also require, owners CIS, passport and other supporting documentation in order to schedule the closing. 

Please provide me with all the appropriate paperwork as follows:

Corporate Name: of owner
Street Address/P. O. Box
Telephone Number
After Hours Number
Facsimile Number
Signatory's name(s) and title(s)

Once we have clearance to proceed, after receipt of the photo and related documents, we will provide a purchase offer contract, which will formalized gross offer and broker fees.. I understand that the above information will be held in strict confidence. Time is of the essence. I await your approval and reply.

The procedure will be to meet, sign contracts and assorted agreements, arrange for authentication, and once done, payment will be made within 24-72 hours, depending on when we receive the photos and complete the documentation.

Please sign acceptance of this offer, and confirm when you will supply the photo(s) and compliance package.

Initial payment schedule is set to occur, with a paymaster in CANADA to receive the funds and will pay out, to owner, as per our discussions, and those funds will be transferred in the owners name starting upon closing.

I, EARL WESCOM, hereby swear under penalty of perjury, that the information provided herein is accurate and true as of this date: July 24, 2012

All of the information was provided and we received the feedback that our Bond had cleared compliance and was ready to proceed to closing. As of September 4, 2012, Mr. Wescom has disappeared, refuses to respond to emails or phone messages. 

If you have a Bond and this person sends you a letter of intent, please be advised to steer clear as it has been a very frustrating waste of time not only on our part, but I have been advised by others that they have had the same experiences.

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