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  • Report:  #1258262

Complaint Review: Idea Buyer LLC

idea buyer, llc IDEA BUYER- BEWARE INVESTMENT SCAM new albany Ohio

  • Reported By:
    anonymous — new albany Ohio USA
  • Submitted:
    Wed, September 30, 2015
  • Updated:
    Thu, June 11, 2020

Please be warned,
If you haven't already found the bad reviews about this company you should probably do more research.
These young entrepreneurs are not a legitimate business and are set up to look as if they are interested in your product or patent for investing. They try to make their "initial offer" look legitimate. However, they DO NOT invest any money into your company...only their time. They so called "investor" who was apparently not affiliated in the company has told me he was working for the company. These guys are liars and scammers and are not transparent about what they do.
They scam patent and business owners into trying to partner together and charge them a $8,000-20,000 fee.
After 3 days of fake conversations, emails, and phone calls with these nonprofessionals they tried to pressure my business partners into making a decision on the phone. BE CAREFUL- these guys most likely record the calls and try to pressure you into accepting their fake terms so you can give up control of your company or give them authority to act on behalf of your company when really all their trying to do is take your company from you.
Extremely shady and try to scam you in every possible way to try and see how capable you are to sue them if they were to take your product and put out to market without you..Their not so smart in how they operate and are bound to get sued. In my case, I had them sign two Non-Disclosures and I will have my Attorney do thorough investigation of what just happened. Their offer letter is a joke as well claiming to offer you an A,B, & C choice...of which non actually them investing in your company. They offer to provide services worth of tens-thousands of dollars when in reality they have no proof of what products they actually got to market. Be warned- if you already had interactions with them or sent them any information..get ready to take them to court. We certainly are.

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