Complaint Review: Dreamsports - Newbridge Capital - Atlanta Georgia

I dealt with Peter White and Mikel Fowler back in February of 2004. They also had another partner named Mr. Eyal with a company named CiTi Tech LLC, who collected the 10,000 to do a Due Dillence for Dreamsport and Newbridge. They contacted me when I was living in Michigan. My wife and I along with my parents drove to Atlanta to meet with them in Buckhead. They have real game. But their problem with me was that I was very good at doing background checks. I was looking for 10M for my project. Mr Fowler told me about how he played football for the Denver Bronco's. I research the Denver Bronco's Website and went into their archives and didn't find anything about him and the Bronco's I knew then to be careful. I had my Uncle who is a CPA did some research on them also. Once we couldn't find any information on them we decided that the only way we would deal with them was if we could escrow the upfront money in our bank not their bank until the deal was done. They tried everything to get money from me, but I was not risking anything. Please stay away from companies that want upfront money. They should not need your money if they have 10Million to loan. Just food for thought.

Most of the advance fee complaints on this site revolve around broke individuals who are desperate for a loan. Naturally, they have no credit left, so no real company will offer them a cent. So, in comes a company like Kingsway to the rescue. They offer to loan you ten grand. One small catch. You need to buy insurance in case you aren't able to repay. The insurance is like $700. Naturally, once the frauds get the money, they realize they have a live one on the hook. So, they ask for another $400. They'll keep going until all your money runs out. It should be obvious that nobody ever gets any loan. The whole idea was to con you out of your money. If you scale the whole process up a bit, you get the businessman's version of the same con. The lenders seek out suckers, I mean businessmen, who are seeking venture capitalists to fund their business. Same con. They simply clean up the players a little but, so they fit right in with the businessman clients. Looks like they ran these victims through all kinds of nonsense. Due diligence. Question and answer forms. Face to face meetings. But, at the end of the day, it was just another advance fee loan scam. These frauds continue to work for several reasons. First, the victim is desperate for the money. So, they go along willingly. Second, and you can see that here, the victims assume there is a safety net ready to catch them. So, they don't worry about doing foolish things. Many people assume the frauds have to be legit, or else the legal system would have caught up with them and stopped them. Nothing could be further from the truth. The feds have their hands full with the enrons and the worldcom scams. If you put your name on a list, maybe they'll get around to helping you in the year 2010. But, right now, you're flying solo. So, if you end up in the pilot's seat, you d**n well better know how to fly the plane. And, if you go out searching for financing, you d**n well better know that there are thousands of crooks just waiting to string you along and get you to put up an advance fee. The tipoff is always the advance money. You may not be able to see the con coming because they hide it under tons of flash and pretend legitimacy. But, the advance fee is always a tipoff. Here what I always say. Dude, you're the one who's supposed to be loaning ME money. So, why the hell are you coming to me for a handout? I got nothing but an idea. If you can't afford to set me up in business, then it's time I move on to someone who will. It's really not hard to spot and avoid these advance fee cons. Just watch for the advance fee. Then, laugh and claim to be broke. You know, if everybody did that, these advance fee scams would dry up.

Most of the advance fee complaints on this site revolve around broke individuals who are desperate for a loan. Naturally, they have no credit left, so no real company will offer them a cent. So, in comes a company like Kingsway to the rescue. They offer to loan you ten grand. One small catch. You need to buy insurance in case you aren't able to repay. The insurance is like $700. Naturally, once the frauds get the money, they realize they have a live one on the hook. So, they ask for another $400. They'll keep going until all your money runs out. It should be obvious that nobody ever gets any loan. The whole idea was to con you out of your money. If you scale the whole process up a bit, you get the businessman's version of the same con. The lenders seek out suckers, I mean businessmen, who are seeking venture capitalists to fund their business. Same con. They simply clean up the players a little but, so they fit right in with the businessman clients. Looks like they ran these victims through all kinds of nonsense. Due diligence. Question and answer forms. Face to face meetings. But, at the end of the day, it was just another advance fee loan scam. These frauds continue to work for several reasons. First, the victim is desperate for the money. So, they go along willingly. Second, and you can see that here, the victims assume there is a safety net ready to catch them. So, they don't worry about doing foolish things. Many people assume the frauds have to be legit, or else the legal system would have caught up with them and stopped them. Nothing could be further from the truth. The feds have their hands full with the enrons and the worldcom scams. If you put your name on a list, maybe they'll get around to helping you in the year 2010. But, right now, you're flying solo. So, if you end up in the pilot's seat, you d**n well better know how to fly the plane. And, if you go out searching for financing, you d**n well better know that there are thousands of crooks just waiting to string you along and get you to put up an advance fee. The tipoff is always the advance money. You may not be able to see the con coming because they hide it under tons of flash and pretend legitimacy. But, the advance fee is always a tipoff. Here what I always say. Dude, you're the one who's supposed to be loaning ME money. So, why the hell are you coming to me for a handout? I got nothing but an idea. If you can't afford to set me up in business, then it's time I move on to someone who will. It's really not hard to spot and avoid these advance fee cons. Just watch for the advance fee. Then, laugh and claim to be broke. You know, if everybody did that, these advance fee scams would dry up.

Most of the advance fee complaints on this site revolve around broke individuals who are desperate for a loan. Naturally, they have no credit left, so no real company will offer them a cent. So, in comes a company like Kingsway to the rescue. They offer to loan you ten grand. One small catch. You need to buy insurance in case you aren't able to repay. The insurance is like $700. Naturally, once the frauds get the money, they realize they have a live one on the hook. So, they ask for another $400. They'll keep going until all your money runs out. It should be obvious that nobody ever gets any loan. The whole idea was to con you out of your money. If you scale the whole process up a bit, you get the businessman's version of the same con. The lenders seek out suckers, I mean businessmen, who are seeking venture capitalists to fund their business. Same con. They simply clean up the players a little but, so they fit right in with the businessman clients. Looks like they ran these victims through all kinds of nonsense. Due diligence. Question and answer forms. Face to face meetings. But, at the end of the day, it was just another advance fee loan scam. These frauds continue to work for several reasons. First, the victim is desperate for the money. So, they go along willingly. Second, and you can see that here, the victims assume there is a safety net ready to catch them. So, they don't worry about doing foolish things. Many people assume the frauds have to be legit, or else the legal system would have caught up with them and stopped them. Nothing could be further from the truth. The feds have their hands full with the enrons and the worldcom scams. If you put your name on a list, maybe they'll get around to helping you in the year 2010. But, right now, you're flying solo. So, if you end up in the pilot's seat, you d**n well better know how to fly the plane. And, if you go out searching for financing, you d**n well better know that there are thousands of crooks just waiting to string you along and get you to put up an advance fee. The tipoff is always the advance money. You may not be able to see the con coming because they hide it under tons of flash and pretend legitimacy. But, the advance fee is always a tipoff. Here what I always say. Dude, you're the one who's supposed to be loaning ME money. So, why the hell are you coming to me for a handout? I got nothing but an idea. If you can't afford to set me up in business, then it's time I move on to someone who will. It's really not hard to spot and avoid these advance fee cons. Just watch for the advance fee. Then, laugh and claim to be broke. You know, if everybody did that, these advance fee scams would dry up.

Mike Fowler Chairman of Dreamsportsfund and Dreamsports Foundation Reply for Ripoff Report. It takes a great level of audacity to make the ludicrous statements and cast such personal negative attacks about someone and then not have the nerve to put your name on it. I find it something to be included on this list, the Ripoff Report, along with such names as President George Bush, Michael Moore and Opec just to name a few. This is quite illustrious company. Any person, who takes these kinds of reports as truth and fact without asking for a rebuttle and additional information deserves to live in their closed box view of the world. If anyone wants to have information regarding myself or my company all they need to do is ask me. I am not affraid to post my name on my messages as well as my contact information. Chairman of Dreamsportsfund and Foundation