#2Consumer Suggestion
Fri, April 12, 2002
Morey, Take care of that buzzword you use in your report, "invest." The fraudsters will use that against you and all of the others who "invested." Investments can be lost and companies can spend investors money almost any way they like. Youre smart to note that you invested based on the lies you were toldexcellent. Now, that said.... Contact one of the solicitors and tell them that you want every dime back by a certain date or you will contact the authorities. Tell them that you think youve been lied to and you believe you and possibly many others have been duped in a flim-flam. Do not let them argue with you, do not meet with them in a private place, do not let them come to your home to talk to you. Stand firm on your demand for your money, they will want to stall you for time so they can get out of Dodge. But, they may pay you in order to shut you up. Dont sign anything for the money. Tell them your signature on the back of a check should be enough of a receipt. They may make you sign a gag agreementyou dont have to, you hold all the marbles. Then immediately contact your local FBI office and report a possible confidence scheme. Give them all of your information that you have. Dont wait to receive any money from the fraudsters, the feds move very slowly. You dont have to play by the rules because the cons never do, which is why they win so much. There are other possible victims to think about. There may be hundreds or thousands of other investors out there who have lost out as well. You can also contact the local SEC office. Their numbers can be found under government in the phone book. Warn your friends, never be embarrassed to do that. You could save someone else from disaster in a similar scheme and that might make it somewhat better for you. Posting this on the Rip-Off Report is a great startthanks. Good Luck TFC