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  • Report:  #1530677

Complaint Review: Exotic Car Rentals VIP (Ronald Cozart)

Exotic Car Rentals VIP (Ronald Cozart) Fraudulent Business Practices. Owner Stole My Money. Total RIP OFF stockbridge GA

  • Reported By:
    anyoneconsumer12 — DALLAS TX United States
  • Submitted:
    Mon, January 15, 2024
  • Updated:
    Tue, January 16, 2024

Ronald L. Cozart posted an ad on BizBuySell for a Car Rental Investment Opportunity his business was offering. I applied to the ad. He responded, he showed me proof of his business bank accounts, identification and proof that he currently had recently won vehicles at auction. The venture was for an investment of $17,500 you would receive monthly a income of approximately  $6,000 from 6 specific vehicles being rented out to long term renters. The vehicles and VIN numbers are listed on the contract we signed before sending the funds.

 

I wired the funds to Ronald's personal Bank of America Account on 10/16/2023.  He never purchased the vehicles, instead he kept the money to utilize for his own personal expenses. In Georgia this is considered a criminal offense and  it falls under 'Theft by Conversion', and it is considered a Felony at this dollar amount of $17,500. I would like him punished to the full extent of the law for this crime and my money returned.

1 Updates & Rebuttals


Irv

United States

Examination

#2Consumer Comment

Mon, January 15, 2024

What did his IRS returns list when you examined them? What was the opinion of your attorney after said attorney examined the agreement paperwork you signed?

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