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  • Report:  #1437164

Complaint Review: Laxmi Prasad Palaypu

Laxmi Prasad Palaypu CFO at Interups Inc, (previously worked with SIRI Global Ltd, IBSN ) Not repaying my Hard Earned Money New York New York

  • Reported By:
    Sri — Washington United States
  • Submitted:
    Wed, April 04, 2018
  • Updated:
    Tue, May 08, 2018

Hi,


The name of the individual is Laxmi Prasad Palapu(https://www.linkedin.com/in/laxmiprasad/), who is current CFO of Interups Inc (http://www.itupglobal.com/ExecProfiles.html). He made me create IRA accounts and a LLC in my name. His investment idea was to invest in Gold & get the Gold delivered to me. Neither he delivered gold nor refunded.

When requested refund, he almost became invisible. Tried to reach him many number of times.  Every time he claims to be in different country. I lost more than $18000 dollars and its interest for nearly 7-8 Yrs. I have been inurring charges for maintenance of  accounts. After several emails and messages all he gave was several false promises to refund my money. He did not even pay a penny so far. He always gives a date and nevers follows it.  I have all the proofs related to my transaction and correspondence.

 

 

 

 

1 Updates & Rebuttals


Sri

Washington,
United States

Update - May 2018

#2Author of original report

Tue, May 08, 2018

He promised to refund by Mid May 2018. Will update the status once I recieve Refund.

 

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