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  • Report:  #446511

Complaint Review: targa ASSet management - Paul Riebe - bryan ferguson

targa ASSet management - Paul Riebe - bryan ferguson is a scam artist beware Austin Texas Arizona

  • Reported By:
    scottsdale Arizona
  • Submitted:
    Sat, April 25, 2009
  • Updated:
    Fri, May 08, 2009
  • targa ASSet management - Paul Riebe - bryan ferguson
    8553 E Lincoln Dr
    Scottsdale, Arizona
    U.S.A.
  • Phone:
    480-2487650br
  • Category:

I heard from Bryan Ferguson 12/24/08 I had a craigslist add posted in scottsdale arizona 2005 moomba mobius xlv for sale. The worst day so far of my life I picked up the phone and it was Bryan Ferguson aka Targa Asset management telling me that he has a buyer for my boat which turned into having someone take over the payments on my boat. I had never done anything like having someone take over the payments before and bryans contract makes it seem like you are sooo protected, Some of the print on the contract states boat will have GPS tracking system so you can know 24hrs aday where your boat is..

YEAH that didnt happen, If payments are late that you get 150.00 on top of the payment owed plus 18% per month the payment is late. UMM Yeah that didnt happen either,Stephen LUMB I thought you were rich how is 500.00 so hard to have in my account on time? To me you are unreliable and a dream of being as rich what you believe you are. Oh. that the person taking over the payments is fully responsible for any maintenance done to the boat on their expense,Yeah i cant get my boat back right now b/c Stephen Craig lumb the buyer of my boat Has ran up a bill on my boat of 6500.00 which somehow I have become liable for,hmm what else, OH Yeah boat must be fully insured with my name on contract from date of pick up until date of final payoff, Yeah you guessed right Stephen LUMB canceld the insurance, Im thinking..

Ohh Bryan ferguson gets paid first and then he thinks when problems come up like mine he is entitled to have the right to sell the boat again or entitled 10% of what the boat sells for If you sell it yourself.The list goes ON & ON. just one more before you go. In Bryans contract it states NO money out of Primary Partners pocket (being me)on repoing the boat. OH did i forget to tell you Bryan doesnt seem to have many people that like him in the boat world The odds of you getting your boat back using TARGA ASSET MANAGMENT REPO company are slim to NUN.I have a 41000 note on this boat plus the fees it will cost me IF IF IF i can get the boat back. WAY to go BRYAN thanks for getting me into a SHYTHOLE!!!

POOR Bryan Ferguson still living with his mom in Austin texas, He is always the Victim, I have asked him to teminate the contract over email and his reply is CALL ME just so he doesnt have a paper trail left. IF this can help one person out from being SCAMMED like what happend to me, I will fell a little better!
I have listed a few other need to knows about BRYAN FERGUSON AKA TARGA ASSET MANAGEMENT COMPANY


In February, 2006 i intered in to a contract with Bry-Star Marine on a 1998 Powerquest boat, i first delt with a man named Bryan Ferguson he was asking for a $10,000 down payment i instructed Bryan Ferguson that i did not have $10,000 to put down and that i had $6000.00 for a down payment, he said since it was winter time and buisness was slow the $6,000 would be sufficient, well after all that me and my family went to Austin Texas at lake Travis to pick-up the boat we gave him the $6,000 and signed the contract and test drove the boat, everything was fine with the boat but the trailer had light problems, they fixed the lights on the trailer after we had to stay in Austin another night which we did not expect we went back the next morning to Bry-Star marine to pick-up the boat, as is good so far so we hooked-up set off on are way back to Oklahoma City, well we made it to Denton, Tx and the wheel bearrings on the trailer failed and we just about lost a wheel off the trailer 'again Bry-Star assured me that everthing was good & safe'

well it was'nt i called Bryan Ferguson at Bry-Star marine, after numerous phone calls he finally answered and he was very short & rude and wanted to know what he could do about it, well after arguing with Brian he finally called someone and they came to look at the trailer the man was very nice and instructed us to take it to Max Marine in Lewisville TX, we had to leave the boat there because it would not make the trip back to OKC.

Well Monday morning i called Max Marine to touch base with them on the trailer and to see if they could fix the trailer, they inspected the trailer and and called me back and told me that the trailer was very un-safe and that they would not pull it any where so i called Bry-Star Marine to tell them what was going on and they said that they would bring another trailer to switch out and take my trailer back to Austin, TX to inspect and fix if needed, well 2 to 3 weeks went by and Brystar has yet to go to Max marine in Lewisville, TX to pick-up the trailer and Max Marine was calling me wanting me to approve them to fix the trailer or to move it off their lot or they was gaoing to start charging storage fees

so i called Bry-Star back and told them what was going on and that there was a $170.00 charge to get the boat out of Max Marines yard and they said they would take care of it well 2 to 3 more weeks went by and i was calling Bry-Star everyday asking them and arguing with them and threatening them to get my boat back to me FINALLY i got a phone call saying that the boat was on its way on another trailer, not the one that was with the boat and that they had my trailer in Austin Tx fixing it,

i finally got my boat after 7 or 8 weeks i let about 2 to 3 weeks go by and i called Bry-Star marine to get the status of my trailer and they said they hav'nt even looked at it yet so here we go with the arguing and the threats and i finally got my trlr about 2 to 3 weeks later, now that i have my boat and my trailer back everything was good until my 2 year contract was up and then i get a phone call from a CHRIS BLAIR saying that he was in Oklahoma City to pick the boat up he was saying that i had not full-filled my contract promises and that he was going to take the back to Austin TX,

i instructed him that i have full-filled all my obligations and that he was not going to touch the boat, well he tried to threaten me with court orders but i did not budge then he called and said that he just needs to take pictures of the boat to make sure it is in good condition so i agreed to meet him where i had it stored to open the storage unit up so he could inspect and then i locked the storage back up and we both left then the next morning i got a phone call from the storage facility owner letting me know that CHRIS BLAIR had threatened him to let him in the storage facility and CHRIS BLAIR cut the lock on my storage unit and took the boat with out my knowledge this boat was not behind on payments nor was the boat in any danger of being neglected in any way.

the contract was for 2 years and Bry-Star marine would try vigorously to get the boat refinanced in to my name and in the event that they could not Bry-Star would do another 2 year contract, well they did not even try to get it re-financed for me they just wanted the $6000 down payment and wanted me to pay on it for 2 years at $426 of month which adds up to be $10,224 so now i have $16,224 invested in the boat, all together i have abou $22,000 invested in the boat after all the repairs on the trailer that Bry-Star did not do and other repairs to the boat. they took the boat back in December 2007 and get this Brystar marine emailed me wanting to know if i would be interested in paying $3800 to get it out of the shop and another $852 in back payments, i told them Hell no and that they should be lucky that i have not sued them yet which i am very strongly considering.

To anyone who cares in 1991 bryan ferguson was convited of felony voluntary manslaughter.He was sentemced to 7 years in prison .He served his time at huntsville Tx and is nothing but a Liar and bs artist. he has several other convitions for which he has served jail time and has another court date in april for assault. He is currently free on 75k bail from ted potter out of belton tx.

FYPMA
scottsdale, Arizona
U.S.A.

7 Updates & Rebuttals


Concerned Citizen

Ft Lauderdale,
Florida,
U.S.A.

WOW BRYAN YOU SOLD 4 BOATS TO YOURSELF....you are the special one lmfao

#8Consumer Suggestion

Fri, May 08, 2009

Wow bryan next time you try to post one of your fabulous testimonials to yourself...just a hint there genius boy dont do it from your account....I mean how stupid do you think everyone is ????? Now I realize we all dont have your M.B.A. in finance[ oops I forgot neither do you] but you should be able to figure that one out.
It truly amazes me how nothing is ever your fault EVER, its always someone else...and just for the record I am waiting for your lawsuit and charges of harrassment, PLEASE FOR THE LOVE OF GOD BRYAN SUE ME...I cant wait..that will be a great and fun experience and bt the way I will create a website for it and post it all and link it in all the search engines, so please go ahead.

I have so much more to write but Im bored with you...




Brystarceo
Lago Vista, Texas
U.S.A.

THIS IS BS I'VE DONE BUSINESS WITH BRYAN FOR OVER TEN YEARS BOUGHT AND SOLD 4 BOATS - NO PROBLEMS
It's obvious Riebe is of very low intelligent, high on drugs or simply stupid - I have bought and sold 4 boats though bryan - no problems - will buy my next boat from him


FYPMA

Scottsdale,
Arizona,
U.S.A.

BRYAN FERGUSON TARGA ASSET MANAGMENT

#8Author of original report

Thu, May 07, 2009

From bryan ferguson headline
THIS REPORT IS NOT TRUE CONTAINS NUMEROUS INACCURACIES AND IS WRITTEN IN PART BY A COMPETITOR bryan ferguson if this is true why would you send my boat to your competitor Bryan ferguson email to me..below is the pick-up info . We are making arrangements in Lauderdale for a drop off point.

Captain Dave, will you please arrange for a reasonably priced detail on this boat when it arrives ? reply to all with an address to drop off in lauderdale.

Shipper, please reply with full contact details and co-ordinate drop off with capt dave

BRYAN seems to just keep putting his own foot in his mouth. DO NOT DO WORK WITH TARGA ASSET MANAGEMENT NOR BRYAN FERGUSON


FYPMA

scottsdale,
Arizona,
U.S.A.

targa ASSet management bryan ferguson

#8Author of original report

Thu, May 07, 2009

AWWW another poor BRYAN FERGUSON story,
Tell you the truth people I would rather be in my position then to be a LIAR like Bryan Ferguson, Bryan If I gave ttwo FUCC"s about you I would go in and play your childish games of copy and past and LIE like you ave done.Changing wording in emails Posting on here then responding to your own Post.THIS ONE IS MY FAVORITE(It's obvious Riebe is of very low intelligent, high on drugs or simply stupid - I have bought and sold 4 boats though bryan - no problems - will buy my next boat from him. Hey who ever wrote this one be a Man put your name up there, OH I forgot you didnt post your name because you dont exist! I would take that as slannder, libel,

) People Take The actions of BRYAN FERGUSON and let that be enough of a lesson to any of you that think thought or possible have done business with TARGA ASSET MANAGEMENT 620 BRYAN FERGUSON, to be enough of a lesson that he keeps nothing confidential does nothing bussiness like nor keeps to his word, THanks Byran you saved me alot of computer time of coping and pasting. I will be checking this periodically If i see more LIES posted by bryan ferguson then I will also start copying and pasting emails between the 3 of us
PAUL


Concerned Citizen

Ft Lauderdale,
Florida,
U.S.A.

very interesting little bryan or shold I say SPINMASTER

#8Consumer Comment

Thu, May 07, 2009

Now for the truth something bryan has no grasp of...Bryan how could you have customers 10 years ago whe you were still in huntsville texas state prison until 6-28-2000 ? thats interesting isnt it.

Bryan ferguson is a convicted felon and a liar
Bryan ferguson comitted voluntary manslaughter and went to huntsville prison.he have been incarcerated or on probation for about 20 years.He is a lying scumbag who is a convicted felon and should be avoided at all costs.He also has charges pending [now another plea bargain conviction for assault as of 4-14 09] in travis county for another term of probation. He advertises on a website calle www.sugardaddyforme.com where he tells 18 yr old girls he is a wealthy executive with all kinds of money...also total bs.
He also has multiple dui convictions and drug arrest from houston. this has been going on since 1977.....

The truly funny thing is he portrays himself the victim...everyone is out to get him...please........thats the funniest part of all







Concerned Citizen

Ft Lauderdale,
Florida,
U.S.A.

very interesting little bryan or shold I say SPINMASTER

#8Consumer Comment

Thu, May 07, 2009

Now for the truth something bryan has no grasp of...Bryan how could you have customers 10 years ago whe you were still in huntsville texas state prison until 6-28-2000 ? thats interesting isnt it.

Bryan ferguson is a convicted felon and a liar
Bryan ferguson comitted voluntary manslaughter and went to huntsville prison.he have been incarcerated or on probation for about 20 years.He is a lying scumbag who is a convicted felon and should be avoided at all costs.He also has charges pending [now another plea bargain conviction for assault as of 4-14 09] in travis county for another term of probation. He advertises on a website calle www.sugardaddyforme.com where he tells 18 yr old girls he is a wealthy executive with all kinds of money...also total bs.
He also has multiple dui convictions and drug arrest from houston. this has been going on since 1977.....

The truly funny thing is he portrays himself the victim...everyone is out to get him...please........thats the funniest part of all







Brystarceo

Lago Vista,
Texas,
U.S.A.

THIS IS BS I'VE DONE BUSINESS WITH BRYAN FOR OVER TEN YEARS BOUGHT AND SOLD 4 BOATS - NO PROBLEMS

#8Consumer Comment

Sun, April 26, 2009

It's obvious Riebe is of very low intelligent, high on drugs or simply stupid - I have bought and sold 4 boats though bryan - no problems - will buy my next boat from him


Brystarceo

Lago Vista,
Texas,
U.S.A.

THIS REPORT IS NOT TRUE CONTAINS NUMEROUS INACCURACIES AND IS WRITTEN IN PART BY A COMPETITOR

#8UPDATE Employee

Sun, April 26, 2009

On December 11th 2008, I structured a boat partnership between Paul Riebe and a client mentioned above. Mr. Riebe signed an agreement that stated

1.Warranty. The Primary Partner hereby warrants the boat to be free of defects and mechanically sound in good working condition, and agrees that in the event a defect, or damage should manifest itself or otherwise occur which results from any use, including agent's occurring prior to delivering possession to Secondary Partner, Primary Partner, or at the option of Agent will either (i) assume liability and pay for repairs or (ii) cancel the Contract, which cancellation shall be deemed an elective termination and in any event Primary Partner shall hold Agent harmless for any damage or loss to or from the boat.

before ever accepting possession of the boat, my client had the boat serviced. The estimate for repairs was over $5,000.00 . According to my client, the repairs were subsequently one without his authorization. I have asked for signed workorders and apparently none exist. My client asked Mr. Riebe to help him dispute the repairs and to my knowledge they were working together to resolve this.

On 4/21/09 I was notified by Paul Riebe that he had not received payment. Within 48 hrs, I collected his payment and it was sent to him via pay pal. I was then told by Paul Riebe on 4/24/09 that the insurance was cancelled, that was a Friday and before I had a chance to rectify the insurance problem, Mr. Riebe filed this complaint. Please read some of Mr. Riebe's emails:

(4/23)
Bryan
whats done is done I hold it not against you but myself for letting the boat leave my house under these circumstances. I am going to keep you out of it from now on. there really isnt anything you can help me with. I do thank you for the help you have given me.. Now it is just between stephen an I
paul

Bryan
let this notice serve as a release between you myself and bryan ferguson aka targa asset managment on the contractual obligations of the vessel. 2005 moomba mobius XLV
official number az 8397 bj
Hull Id number ISRMX098A505
Please type a signature and date and return
Paul Riebe 4-24-09


Bryan
please just reply to email and send back to me I will be making plans to pick my boat up on my own expense releasing you of any furthure obligation.
Paul 4-25-09

Bryan
I can only help myself at this point. I do not trust that stephen will continue to make the payments nor follow the contract to the end. I believe he will posibble make a couple more payments get the boat down to the bahama and then stop making the payments to me. No hard feelings and if you want to help me please just state that you want nothing to do with my boat anymore. I have held up my agreement by paying the 500.00 a month that I have recieved, You and xxx have broken the agreement. I just want to go my own way get my boat back and try to sell it when i get it back to AZ when i have the money to go and pick it up
So again I ask you to Bryan
> let this notice serve as a release between you Bryan Ferguson aka targa asset managment Myself and xxxxxxx on the contractual obligations of the vessel. 2005 moomba mobius XLV
> official number az 8397 bj
> Hull Id number ISRMX098A505
> Please type a signature and date and return
> Paul Riebe 4-24-09
paul


NOTE THIS ALL HAPPENS WITHIN A THREE DAY PERIOD

Then Mr. Riebe posts this. The Contract With Mr. Riebe states nothing about a GPS device, Mr. Riebe was advised to install one at a cost of $200. Also Mr. riebe fails to mention that my client paid him $1,000.00. Mr. Reibe then decides that it will cuase me great embarassment by stating that I live with my Mother - I have owned a home all my adult life. My 83 yr old Mother lives 5 blocks away - she moved there 5 years ago to be closer to family. I wish my Mother would live with me - my home is certainly large enough , but at 83 she is firecely independant. Tax records easily reveal this - but Mr. Riebe is not interested in facts - only to do damage . How would Mr. Riebe know anything at all about my Mother ? It came from a deranged competitor who hasn't worked or sold a boat in two years. I have a formal harrassment complaint against this person and a law suit that is being prepared. I have sold over 2000 boats since 1985, with that volume there it is inevitable that someone will complain and someone will hate you. I semi-retired in 2006 to spend more time with my family, I now only sell a few boats a year. I have maintained the same phone number, address and email address for ten years. I am contacted by former clients several times a month asking if I stll sell boats and if I can either locate another boat for them or help them in some way.


Will someone please read into the tone and wording of Mr. Riebe's complaint. Note the conflict between the emails he sent. Also please understand that I had only a few days to work on this and Mr. Riebe was extremely belligerant and uncooperative. What's on this site, stays on it forever and can never be removed. The competitor who prompted Mr. Riebe knew that Mr. Riebe did not.

a few final emails from Mr. Riebe

he sounds like a col guy to me i WISH i had his kind of money. If hes the kind of guy that can help tell him i sold my landscaping company late last yr and im looking for a job f he knows anyone in az. also tell him i love to fish if he ever takes that yacht out fishing a invite would be cool
thanks paul

bryan
thanks for setting me up with stephen. remember if you ever need any help with anything let me know. 480-xxxxxxx paul


bryan
wanted to see if you do anything like what we did with motorcycles? im looking for a yamaha r6 with minor mods, exhaust, power commander, fender eliinator, frame sliders. for around 6500.00 or less. 07 or newer. someone thats got a paymet around 125.00 bucks a month
or if you know anyone that would lend me 6500 at 7% for 4 yrs. 155 a month. I cant get a loan right now since i have so many things people are taking payments over on
thanks paul
480-xxxxxxxx

Im sorry for this. I would have never sent the boat out if it needed that much work. I spend 1200.00 on most the things listed to get the boat in working order

paul



I had it worked out for my client to reinsure the boat and pay the repair bill. I offered Mr. Riebe an alternative in another client paying the repair bill and i would arrange another boat for the first client. Mr. Riebe chose to work with a competitor, who in the end will not help Mr. Riebe. My original client in this complaint is filing a law suit against Mr. Riebe.

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