- Report: #318140
Complaint Review: Sandton Venture Group - Woodland Hills California
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Sandton Venture Group
Canoga Av. Suite 1500 Woodland Hills, 91303 California, U.S.A.
Phone:
818-702-9283
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Sandton Venture Group Proposed Fraudulant Venture Capital Investments as Shared Partnership in Real Estate Woodland Hills California
It started in Jan 2005 where I recieved a call from Melissa of Sandton Venture Group on behalf of Lawrence Gaber. They (Sandton or SVG) offered to connect me with their investors who merge and be silent stock holders in my company and invest for investing with me. I liked the idea because all corporations sell shares or borrow money to expand. By March 2005 I had recieved a Memorandum from Lawrence, which states that Sandton demands an 5% indefinite stock for being a valid third party connecting between me and the investors. I did not sign the memorandum nor returned it to lawrence.
In spring time 2005 we had extensive telephone conversations and Lawrence mentioned that I had to show myself in present at his office in Woodland Hills and to bring with me a check of $5,400.00 before any investors were to put in direct contact with me. I told him that I could not travel because I was extremely busy and did not have the time for such. After further talks I got a American Airline ticket for a one day travel and travelled on July 21, 2005 on 6:30A.M. and returned that same day back in Saint Louis at 11:15P.M.
During the visit I gave Lawrence 3 copies of a business plan/proforma document, which he said looks good. I also gave him the $5,400.00 check which he demanded; written from my business checking account at PNC/Edward Jones business account for 'General Business Company LLC, Missouri~2001'.
I never saw any investors for months after and the trip to LAX cost me $1,000.00 by itself including cab fare between LAX to Canoga Av and back to LAX. Not to mention loss of revenue because I lost revenue due to suspending my activities in Metropolitan Saint Louis due to the travel arrangements. I had terrible jetlag due to non-stop travel in one day almost 2,200 miles each way.
I got tired of Lawrence's promises and constant stating to me that the "investors found my business plan interesting but desired somethingelse instead". He would say this all the time till Jan 2006, since my return back to Saint Louis in July 2005. He was provided with trade references and send threathening letters to my associates and contacts that with california's Long Arm they would be subpoena'd in the california court. I kind a laughed because he took my money and threatening me in reverse "is he for real" was very unsual. My contacts were contacting me about lawrence letter and I was embarassed and humiliated.
Syed
Saint Peters, Missouri
U.S.A.
In spring time 2005 we had extensive telephone conversations and Lawrence mentioned that I had to show myself in present at his office in Woodland Hills and to bring with me a check of $5,400.00 before any investors were to put in direct contact with me. I told him that I could not travel because I was extremely busy and did not have the time for such. After further talks I got a American Airline ticket for a one day travel and travelled on July 21, 2005 on 6:30A.M. and returned that same day back in Saint Louis at 11:15P.M.
During the visit I gave Lawrence 3 copies of a business plan/proforma document, which he said looks good. I also gave him the $5,400.00 check which he demanded; written from my business checking account at PNC/Edward Jones business account for 'General Business Company LLC, Missouri~2001'.
I never saw any investors for months after and the trip to LAX cost me $1,000.00 by itself including cab fare between LAX to Canoga Av and back to LAX. Not to mention loss of revenue because I lost revenue due to suspending my activities in Metropolitan Saint Louis due to the travel arrangements. I had terrible jetlag due to non-stop travel in one day almost 2,200 miles each way.
I got tired of Lawrence's promises and constant stating to me that the "investors found my business plan interesting but desired somethingelse instead". He would say this all the time till Jan 2006, since my return back to Saint Louis in July 2005. He was provided with trade references and send threathening letters to my associates and contacts that with california's Long Arm they would be subpoena'd in the california court. I kind a laughed because he took my money and threatening me in reverse "is he for real" was very unsual. My contacts were contacting me about lawrence letter and I was embarassed and humiliated.
Syed
Saint Peters, Missouri
U.S.A.
