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Midel Paschel United Strength Entertainment Group $1.5M Line of credit investment scam for franchises. Claims to represent pro athletes and entertainers Los Angeles California
In October 2011, $50,000 was paid to Midel Paschel to obtain a $1.5M line of credit to be used for the purchase of a top tier franchise operation. There was supposedly a money back guarantee if the funds were not delivered in 90 days time.
Funds were wired to K. Paschel at 702 W. 45th Street, Los Angeles, CA 90037. Wells Fargo account #6810110012 on 13545 Hawthorne Blvd., Hawthorne, CA 90250.
90 days came and went. Paschel then requested another $2,500 to make sure there were no tax issues moving forward. Funds were again delivered to K. Paschel. Another 90 days came and went and I requested a refund on November 15, 2012. In the following months/years Paschel said that he was very busy with the NFL combine, entertainment projects, college football scouting, negotiating contracts for many pro athletes, having problems with his alcoholic business partner, his mom died, the secretaries weren't doing their jobs, the banks lost the paperwork, etc., etc.
Requested a refund again on December 11, 2013 and February 11, 2014. To date no line of credit, not refund, no phone calls, no emails and no text messages. He has simply disappeared with my money.
Beware of this scammer.
3 Updates & Rebuttals
Cary
Austin,Texas,
United States
Midel lives In Texas
#4Consumer Comment
Tue, April 21, 2020
I am a firefighter and I move to Texas several years ago... I somehow ran into Midel and he couldn’t stop talking about himself and all his fake a*s achievements lol... It raised a red flag in my mind because he told me a lot of info about his personal success stories.
When I got home I did a google search for his name and company. d**n, I couldn’t believe what I found on rip off report. I am so glad I didn’t even consider doing business or working with him lol.... I believe he now lives in North Dallas Tx..
911Emer
New York City,New York,
CLAIMS we encountered...
#4Consumer Comment
Thu, November 20, 2014
Below are a few convencing claims Fong, other parties and I heard made by Midel Paschel over the course of two to three years for assuring us of his prominence and international outreach. Related agents, managers or associates who can corroborate Mr. Paschel’s claims kindly respond. Politely help us learn if any truths apply to Mr. Paschel’s methodology.
From those told my clients by Midel Paschel are the following claims….
AND many more impacting claims were made during the course of TWO TO THREE YEARS. Agents, managers or associates who can corroborate Mr. Paschel’s claims kindly respond. Politely help us learn if any truths apply to Mr. Paschel’s methodology. Respond to this thread accordingly or telephone (((REDACTED))) to leave a voicemail.
911Emer
Taos,New Mexico,
My experiences with Midel Paschel
#4General Comment
Sat, August 23, 2014
Unfortunately I have also experienced Midel Paschel’s mischief as Fong can attest. From December 2011 through 2014 I represented a total of two clients who suffered large financial loss, anguish and a two year span of misleading information that subsequently ended in Midel and his attorney’s disappearances. As described by Fong, emails, text messages and phone calls go unanswered following Fong’s two written pleas for a return of his $52K and my presenting a formal cease and desist defining Midel Pashchel, Dave Vargas and United Strength’s negligence. The financial loss for both clients totals $105K while the anguish contributed to my clients led to an eviction from his condominium, missed development opportunities, relationship and marital strife. Significant erosion has affected my relationship with both clients since this has occurred. This week I learned from Fong the previous office location for United Strength no longer exist. This only adds more worry. Any reader familiar with Midel Paschel and/or United Strength Entertainment/Development Group entrenched station kindly respond. What is your experience(s) with Midel Paschel and associates. Your confession will help a formal California Fraud department and White Collar Crime Unit investigation of Midel Paschel, United Strength determine the culprit(s), i.e., Midel Paschel and/or Dave Vargas. NOTEWORTHY: Dave Vargas’s role was as the platform inventor and facilitated all processing task. To our full astonishment he was never introduced by Mr. Paschel or took the initiative to present himself physically or orally for the span of two years. FULL NAME: Midel Paschel (aka in the music industry, ‘young rich kid’ and Hinn) FULL NAME: Dave Vargas esquire (attorney) ASSOCIATES: Home Federal Fixed Inc. – Processing Center Balay and Associates of California – Corporate Accountant BUSINESS NAMES: United Strength Entertainment Group, LLC. United Strength Management and Development Group, LLC. SPECIALTIES: Financial Advisor, Inventor, Developer, Commodity Broker and investor. LOCATIONS: Beverly Hills-CA, Atlanta-GA, New York city and London, England LOS ANGELES ADDRESS: 10866 Wilshire Blvd #432 Los Angeles, CA 90024 Readers speak up. I need your help to learn more about Midel Paschel, United Strength and Dave Vargas's prior history as servicemen. Thanks. Please email me here.