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  • Report:  #832668

Complaint Review: Watson Fanancial Group - Sacramento California

Reported By:
Richard A. Erickson - Pasadena, Maryland, United States of America
Submitted:
Updated:

Watson Fanancial Group
#421 - 28th St. Sacramento, 95816 California, United States of America
Phone:
916 600 4844
Web:
Categories:
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Please, for your sake, Do your background investigations before you part with any fees requested by any business! You can contact me at [email protected] or telephone 907 328 8245 or 410 255 1560 if you would like additional inofrmation as to these creeps! Richard A. Erickson.

I am currently advertising in International California Mining Journal, a particular set of mining claims in Alaska. I was cold contacted (Mike Williams called us based on advertisement) by a, (so called Dr.,) Mr. Perry Michael Williams of Sacramento California who claims he is partnered with Mike Watson of Watson Financial Group. Investigating his background later we learned his "doctorate" was a mail order internet buy it in a box style credential. I failed to investigate his background based on his incredible online resume found at mike24kgold@gmail and we are out $9,650.00 for a $350.00 assay report that is neither certified or approaches the type assay he claimed he would have performed to value our in ground assets.
We paid him 10K up front bank to bank transfer and payment was for him to provide certified assays and assist in document preparations - he utterly failed to follow up in any assistence preparing documentation as he had promised in contract agreement and then attempted extortion by demanding another $5K to continue to assist us and do what he had promised in contract obligations and been paid to do! This meets the very definition of extortion.

Mr. Williams represented he was affiliated with Watson Financial Group and Partnered to Mr. Mike Watson of Watson Financial Group. Please learn from our error! Mr. Williams promised us the "moon" and utterly failed to perform as agreed, in our contract as entered, and would later attempt extortion demanding further payments to do what he already had been paid to do - which was process and deliver three separate and independent lab assays of our mineral specimens and assist us in preparing the many documents he provided which he claimed were required to submit our company for financing on what he describes as the "Gold Platform" or "Trading Platform" His claims have been shown to false, his representations of his affiliations have been shown to be false, when I contacted his references later I learned they hd severed relations with him long before he contacted us due to his explosive and volitile personality - lack of amiable relations and when I contacted Mike Watson to inquire as to the relationship between the two of them he did not deny the relationship, simply responded in a manner that would set off red flags for any one who read same - he was attempting to be indignant and dis-simulate but not make denials.

Williams used his affiliatiions and representations to sell us on belief he could in fact obtain funding to expand our business - a mining property that is valued in the billions as to in ground assets. He was slick as hot oils, but I soon recognized him for what he is - a con artist and rip off. Aside from the cash we paid and were ripped off, he attempted to get a percentage of the property - which - had he been legitimate I would have been more than happy to share. Criminal complaints have been filed and civil action is being readied - one must wonder is it worth going after these guys?

Any help from readers of this report is appreciated. Especially if you have been one of their victims. One post and complaint as to Watson Financial Group on this web site is from someone in Owning Mills Maryland - please contact me.


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