;
  • Report:  #423847

Complaint Review: Raymond Morris Utah Momentum Leasing LLC - Draper Utah

Reported By:
- draper, Utah,
Submitted:
Updated:

Raymond Morris Utah Momentum Leasing LLC
13997 W. Minuteman Drive @210 Draper, 84020 Utah, U.S.A.
Phone:
801-676-7890
Web:
N/A
Tell us has your experience with this business or person been good? What's this?
Raymond Paul Morris of Draper Utah and his company Momentum Leasing LLC have bilked investors out of a purported $1.2 BILLION dollars. Ray Morris had a successful hedge fund going for a number of years and as of 2007 summer, his entire scheme has fallen down around him.

Theres a reported 900 investors around the world who have fallen victim to this man! Hopefully, the authorities take him down quickly so no one else falls victim.

We have been informed there is an open investigation on him and/or one of his multiple companies: E&R Holdings, Wise Financial LLC, Momentum Leasing LLC, Makarizo S.A. and Flex Capital Leasing.

Ray Morris has gone underground and is refusing to contact investors he has bilked but he continues to raise millions of dollars...essentially robbing peter to pay paul. Investors be very aware that this man has not paid ANYONE since summer of 2008 and he WILL do the same to you.

Feel free to contact me if you have any questions or you are an investor yourself who would like to be pointed in the right direction with the authorities. We have exhausetd our resources notifying the proper channels here in Utah.

We understand our money is gone, we are just hoping no one else falls prey to this horrible scam.

Bilkedinutah

draper, Utah

U.S.A.


7 Updates & Rebuttals

To Catch A Idiot

Buffalo,
Utah,
U.S.A.
HOW TO HANDLE YOUR GAMBLiNG LOSSES

#2Consumer Comment

Mon, March 02, 2009

When I was young I had a older co-worker go to Las Vegas, I was not able to go on the trip or old enough to gamble, but I was desperately wanting to partake in the winnings and adventure of gambling I gave this guy $20 to gamble on my behalf. Well when he returned he told an adventurous story of how he was up then down and eventually lost my money. It was not nearly the experience I had hoped for when I gave him the $20. Come on folks when you give someone money with expectations of a high return, then you better know and participate in the process. If you don't when the tale is told of how they almost didn't loose your money you should be ready to move on, instead of crying like a baby. I would try to find out if efforts are being made to return the money. If this is the case then count your lucky stars and let the person work to return it that's more than the guy who went to Las Vegas did for me. All the media and government will do is prevent any effort by that person to repay the money that you are out.


To Catch A Idiot

Buffalo,
Utah,
U.S.A.
HOW TO HANDLE YOUR GAMBLiNG LOSSES

#3Consumer Comment

Mon, March 02, 2009

When I was young I had a older co-worker go to Las Vegas, I was not able to go on the trip or old enough to gamble, but I was desperately wanting to partake in the winnings and adventure of gambling I gave this guy $20 to gamble on my behalf. Well when he returned he told an adventurous story of how he was up then down and eventually lost my money. It was not nearly the experience I had hoped for when I gave him the $20. Come on folks when you give someone money with expectations of a high return, then you better know and participate in the process. If you don't when the tale is told of how they almost didn't loose your money you should be ready to move on, instead of crying like a baby. I would try to find out if efforts are being made to return the money. If this is the case then count your lucky stars and let the person work to return it that's more than the guy who went to Las Vegas did for me. All the media and government will do is prevent any effort by that person to repay the money that you are out.


Wade

South Jordan,
Utah,
U.S.A.
Rock Creek Capital/Cameron Van Alphen NOT participants in Ray Morris Fraud

#4Consumer Comment

Sun, February 22, 2009

I am the author of the previous rebuttal post. I did not see an immediate way to delete or edit/modify a rebuttal post therefore I will post again here in order to clarify a couple of key facts and avoid anything that may be interpreted a libel toward Rock Creek Capital and Cameron Van Alpen: While my concerns and financial vulnerability relative to Ray Morris and his Capital Leasing system persist, I do want to let viewers of my post to know that the 2nd tier company I mentioned, Rock Creek Capital and Cameron Van Alphen, were NOT knowingly involved nor a knowing participant in the perpetuated fraud of Ray Morris. They are doing all they can to make their investors whole despite their exposure to Ray Morris' company. The blame for any financial damages sustained by myself I place squarely on Ray Morris. Thank you. Wade


Wade

South Jordan,
Utah,
U.S.A.
Rock Creek Capital/Cameron Van Alphen NOT participants in Ray Morris Fraud

#5Consumer Comment

Sun, February 22, 2009

I am the author of the previous rebuttal post. I did not see an immediate way to delete or edit/modify a rebuttal post therefore I will post again here in order to clarify a couple of key facts and avoid anything that may be interpreted a libel toward Rock Creek Capital and Cameron Van Alpen: While my concerns and financial vulnerability relative to Ray Morris and his Capital Leasing system persist, I do want to let viewers of my post to know that the 2nd tier company I mentioned, Rock Creek Capital and Cameron Van Alphen, were NOT knowingly involved nor a knowing participant in the perpetuated fraud of Ray Morris. They are doing all they can to make their investors whole despite their exposure to Ray Morris' company. The blame for any financial damages sustained by myself I place squarely on Ray Morris. Thank you. Wade


Wade

South Jordan,
Utah,
U.S.A.
Rock Creek Capital/Cameron Van Alphen NOT participants in Ray Morris Fraud

#6Consumer Comment

Sun, February 22, 2009

I am the author of the previous rebuttal post. I did not see an immediate way to delete or edit/modify a rebuttal post therefore I will post again here in order to clarify a couple of key facts and avoid anything that may be interpreted a libel toward Rock Creek Capital and Cameron Van Alpen: While my concerns and financial vulnerability relative to Ray Morris and his Capital Leasing system persist, I do want to let viewers of my post to know that the 2nd tier company I mentioned, Rock Creek Capital and Cameron Van Alphen, were NOT knowingly involved nor a knowing participant in the perpetuated fraud of Ray Morris. They are doing all they can to make their investors whole despite their exposure to Ray Morris' company. The blame for any financial damages sustained by myself I place squarely on Ray Morris. Thank you. Wade


Wade

South Jordan,
Utah,
U.S.A.
Rock Creek Capital/Cameron Van Alphen NOT participants in Ray Morris Fraud

#7Consumer Comment

Sun, February 22, 2009

I am the author of the previous rebuttal post. I did not see an immediate way to delete or edit/modify a rebuttal post therefore I will post again here in order to clarify a couple of key facts and avoid anything that may be interpreted a libel toward Rock Creek Capital and Cameron Van Alpen: While my concerns and financial vulnerability relative to Ray Morris and his Capital Leasing system persist, I do want to let viewers of my post to know that the 2nd tier company I mentioned, Rock Creek Capital and Cameron Van Alphen, were NOT knowingly involved nor a knowing participant in the perpetuated fraud of Ray Morris. They are doing all they can to make their investors whole despite their exposure to Ray Morris' company. The blame for any financial damages sustained by myself I place squarely on Ray Morris. Thank you. Wade


Wade

South Jordan,
Utah,
U.S.A.
Raymond Morris - Flex Capital Leasing, Morris Holdings LLC. Cameron Van Alphen - Rock Creek Capital

#8Consumer Comment

Wed, February 18, 2009

This comment is in reference to Report #423847. I tried to file a new report, but the link didn't work, so I used the 'rebuttal' response here. I too have been taken advantage of by Ray Morris and the ongoing empty promises of principal return by his lawyer Luc Nguyen. No payment on principal or interest has been received since August of 2008 on the Capital Leasing 'hedge fund/system'. My two brothers and I are near bankruptcy due to this man and his scheme. We actually invested indirectly into Flex Capital Leasing through another PPM/LLC called Rock Creek Capital and one Cameron Van Alphen. I'd like to move quickly to the next step by contacting the authorities. SEC, FBI, local Utah authorities. Bilkedinutah/Draper, Utah. Who are you? How can I get in contact with you? (Report #423847) You said in your report "Feel free to contact me if you have any questions or you are an investor yourself who would like to be pointed in the right direction with the authorities. We have exhausetd our resources notifying the proper channels here in Utah." Please contact me ASAP. Thanks! [email protected] South Jordan, UT

Reports & Rebuttal
Respond to this report!
Also a victim?
Repair Your Reputation!
//