Complaint Review: Gauravjit Singh / Raj Singh / Singh Ventures / Drone cast / Nomocabs

I was building my new start-up business and contact Raj Singh when i saw that his venture firm singh ventures is looking for new start-up business to invest and help to raise capital. so he offer me first that he will invest $350,000 for 4% equity in my start-up. 

He Raj Singh CEO of singh ventures claimed he sold his nomocabs to uber for 200 million dollars?

1. Once I signup the agreement he told me for the tax purpose he can’t transfer the money it’s a big amount.
2. He said better I transfer $10,000 to his wells Fargo account and he will help me to do marketing and press release for new product.
3. He will spend his $350K towards marketing and other services.
4. I transfer the 10K to his account.

Later Raj Singh he starts demanding more money because the advertising budget need more funds and told me if I can’t give more he can’t proceed with his investment and the agreement will lapse.

I contact the wells Fargo bank and ask them to refund my money as this is a fraudulent venture firm they told me that singh ventures don’t have even a single dollar in their account he withdraw money and keep this account empty for this purpose only.

I just like to warn every new start-up business or entrepreneur out there please do your due diligence before you start dealing a venture firm like singh ventures.  

Don’t believe his other activities on net where he is presentation himself a real successful person in philly or his interview on 1by1 million its all fake?