Complaint Review: WOLFE CAPITAL GROUP

In Feruary of 2007 we where introduced to Wolfe Capital Group's investment strategies. They spoke of an LLC entity based in Nevada with a line of credit of $1-million for the purpose of investing in Real Estate from Wolfe Capital's portfolio.

Well, we received our LLC (no big deal there, as anyperson can get those for a few hundred bucks) There has been nothing but one story after another concerning the supposed 1-million line. We've asked for a refund, but each time we are told "Ohh, the line will be 1.5 million now"

We've informed them we are no longer interested due to Wolfe capital group's inability to perform, but everytime they say "ohh we have another program now, we have a new investment/retirement program for business people, etc..."
We are getting the run around from this company and have no services, but that lousy LLC they gave us.

What's appauling is they tell us: "We've given you your LLC already." Whaaaaaaaaaat! This is not what our $30,000 purchased, so states our contract.

James Wolfe comes off as a very professional business person, but in reality he's a crook that cares less about the people, and more about the money he can steal from clients. Stay away from this company, we've now contacted our attorney's to handle this. Most people work hard for their money and $30k is alot to lose. STAY AWAY FROM THEM!!!!

This appears as a classic case of a PONZI scheme. They use the money they get from clients as they operate their business and stall those same clients as they get more.

We now have information Mr. James wolfe has been purchasing personal property from the investment dollars from clients.

Shelia
Los Angeles, California
U.S.A.