Patrick Rakotonanahary, Cyber Market Group Slick talk and Epty promises LA California
Patrick is a slick talking individual. Said he will make interest payments on a loan and payments stop 10 weeks into the contract. We cancel the contract and have been waiting 6 months for documents to be mailed, signed, and returned by some unknown third party so we can recieve original principal. Pretty slow overnight serice? If you have money with Patrick or you are considering investing with him, YOU"RE NUTS!!
Everytime I speak with him he constantly evades questions and when he sees you are going into the direction of committing to a definate timeline he squirms. We have millions with this guy and no return of principal or interest payments for six months. This man needs to be investigated and investors need to know what has happened to their funds before he takes advantage of others. Called the FBI and they seemed uninterested... would be embarrasment for them when Patrick is discovered as a fraud and they didn't even make a phone call.
Dd
oxnard, California
U.S.A.
2 Updates & Rebuttals
Dd
Oxnard,California,
U.S.A.
Clever Math.
#3Author of original report
Mon, April 27, 2009
Okay you say principal completely paid in 10 weeks. Okay assuming an interest free loan of $100,000 and 6000 was paid per week. uuuhhhmm....uuuhhhmmm okay ummm....ummm $6000 per week..and..uumm...uumm 10 weeks is uuhh...$60,000 which is equal to...uuhh...uuhh $100,000. What did I say earlier...slick talking. We don't recall agreeing to an interest free loan. Or wait is this a neg-am loan? Where is the interest you promised, and at the end of interest payments the principal is returned. Still waiting for return of principal (6 months now) waiting for 2 documents from overseas to be sighned. Should have given me the two documents I could have walked and swam myself overseas and back with sighned documents in less time. Also if you don't have posession of the money who does? Can we request a statement of funds from the trustee? Who is the trustee, and can you give us their information so we can confirm the location of the funds?
Any answers or just more evasive talk?
Lets make it simple.
1. Address of where the funds are.
2. Phone number we can call to verify funds in account.
Keep it simple just an address and phone number, none of the usual....well uhh can't this and we dont have that because it is this because of what and the feeling of who which is the result of the square root of 0. This seems to be the syntax of our conversations, a lot of talk that ends up with zero results.
dD
Cybermarketgroupllc
Punta Gorda,Florida,
U.S.A.
True ten weeks of interest payment equaling Principal.
#3REBUTTAL Owner of company
Wed, April 22, 2009
There is always two sides of the story.
He is making the claim we paid only 10 weeks of interest is true.
But what he is not telling you that 10 weeks of interest payments is equal to principal.
So, 100% of millions is 100% equivalent to principal. Do the Math.
Yes the company does take in short term loans and we also have a responsibility to pay our creditors.
Some companies take in loans and either file bankruptcy or dismantle the company.
We would like to take the high road and pay every penny back.
Regardless how one corporation or individuals feels about the timetable we pay them. The ultimate truth is we have an obligation to back the loans until they will be paid in full.
Patrick
CMGLLC