Print the value of index0
  • Report:  #321285

Complaint Review: Profit Wisdom Business Brokerage In New York City

Profit Wisdom Business Brokerage In New York City Stealing Immigrant's money New York New York

  • Reported By:
    annandale Virginia
  • Submitted:
    Wed, March 26, 2008
  • Updated:
    Wed, March 26, 2008
  • Profit Wisdom Business Brokerage In New York City
    242 W 30th Street
    New York, New York
    U.S.A.
  • Phone:
    212-2448163
  • Category:

My story is a typical commercial broker's con p***k.
Julio Maldonado, president and Sam Maldonado, Vice president met me in their staten island office,now closed on April 2007. They asked me $ 50,000 deposit to offer to buy a liquor store because it is a big and good business otherwise the buy reject to show the detailed inside numbers.

They did emphasis the letter of intend is not a biding contract and the letter says not a binding and they are supposed to return the deposit within 48 hours on the buyer's request. But the owner of liqure store already open another liquore store 1.29 mile away. I asked the deposit but the promises on the letter is useless.
I had no chice to deal with only them because they grap the money and did not let it go.

Oct 2007. I had a lawyer get back the deposit, $100,000(As an immigrant, i was too stupid so i deposit 50,000 more). I tried to buy a store in Manhattan Mall but they gave me a wrong information (their oral information turned out to be wrong under my lawyer's review and the store will be closed because of mall renovation)
Sam looked not a bad guy and emailed me he will send deposit back to me. But President and his brother Julio Maldonado refuse to return it because their association reject it. I hire an american lawyer to get it back. He says no problem winning the case but collecting money is a diffrent matter.

I have lose 26 pound and bigger problem is financial. We ,immigant , worked 16 hours a day to collect that money for years. for the last one year i lost 85,000 on the street and the brokerage is now stealing 100,000.
Mar 2008 they are still working on the street, i am still knocking on the street.

I would like to ask USA, why commercial broker do not need any licence, how nobody can stop their way of doing buiness. My lawyer says "sorry"
I wish i am the last idiot
details w/ proof ? http://profitwisdom.blogspot.com/

John
annandale, Virginia
U.S.A.

Respond to this Report!