Michael Lester
2655 Heathrow
Las Vegas Nevada 89135
United States of America
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Michael Lester Mike Lester Scam, Poker, Gambling, sportsbetting, Black Jack Las Vegas, Nevada
*Consumer Comment: Barry...you worked with Mike, huh?
2Author
3Consumer
0Employee/Owner
The guys name is Mike Lester (Michael Lester)his email address is jmaguire1133@yahoo. Contact me and I will give you his phone # and email you a picture of him.
There are reports all over the net about him, check out Ripoffreport.com, type in his name
The reports on Ripoff have Mike issuing a comment that stated it was not his fault that he lost, the investor MADE him make foolish bets.
Mike tells me it is my fault that he lost all of my money because I pressured him, he hasent even begun to see pressure.
He was living in Vegas but had to move back to CA and live with his parents.
Heres the story:
I fronted this guy $8500 because he was suppose to be a professional gambler and handicapper, the problem is that he lost EVERY dime.
I kept in touch with him weekly since May till Aug. 15th, every email, phone call was always "Hey Partner, we are doing great, not really where I want to be but by the end of June, then July, and finally August we will be set."
I asked for my hard money ($8500) to be pulled from the profit he stated that he had made but he would never pull that money out.
I have 5 emails from this guy stating "Hey Partner, we are at $16,500, Hey Partner we are at $16,600, Hey Partner, we are at $21,500" I was told 8/14/2011 we were at $21,500, I asked for my $8500 AGAIN, no response to my 5 emails.
On 8/15/2011 he said he had just gotten my emails and he wouldnt be able to give me my $8500 because he had some bad runs and lost it ALL.
He said he went to CA because his Mom had surgery, and a month before that his parents were getting divorced, 2 months before that his dad had heart attack.
He will tell you that he has a degree in sports managment but its a lie
He will tell you he entrusted his best friend w/ $100k of his money to invest it and his friend stole it all but its a lie
He will lose all of your money, even thou he tells you that is not possible because he only gambles w/ 5% of bank roll but its a lie.
He will tell you that he is a professional but it is a lie. A professional gambler knows when to stop and not chase money.
Currently there is another person that gave this man $5000 but at this time he can not get ahold of Mike either, I suspect the money is gone
Click Here to read other Ripoff Reports on Michael Lester
REBUTTALS & REPLIES:
2Author
3Consumer
0Employee/Owner
Updates & Rebuttals
#1 Consumer Comment
AUTHOR: Fong t - Monterey Park (U.S.A.)
SUBMITTED: Friday, September 09, 2011
POSTED: Friday, September 09, 2011
Terry ~ I am sorry to hear about your recent run-in with Lester and that you were swindled out of your money. It's unfortunate that you were not able to read about my experience with Lester before investing in his "business" idea. For those of you out there who wish to read more about this prolific liar and cheat, my report is listed under Michael Adam Lester. His picture is in my report. I'm sure he will soon be responding in like fashion to your report and telling the world that you should be a man and contact him directly to get your money back. If all of his victims band together, perhaps we can take our case to the IRS. We won't get our money back but maybe we can put him away so others don't get scammed too.
~ Fong
#2 Consumer Comment
AUTHOR: Barry - Las Vegas (United States of America)
SUBMITTED: Wednesday, September 14, 2011
POSTED: Wednesday, September 14, 2011
I just wanted to briefly state my experience with Mike Lester. I found Mike on Craigslist years ago answering his ad for a backer and then met him in person at a Sportsbook in Las Vegas. I personally cannot speak to Mikes Poker play or card playing abilities because I never personally watched him play. I did however use Mike for his Sports Handicapping services from June 2008- August 2010, so just over 2 years. I have to say he did amazingly well for me in that time period. Football was his weakest sport, which was unfortunate because it was my favorite sport to watch but in the other sports he was extremely consistent. I dont want to state the exact amount of money he made for me but it was well beyond the amount you guys state you lost working with him. I felt so confident in him that after 6 months of his picks I started giving his plays to my friends as well, because he had a proven track record at that point and in my mind it would continue to be successful. They obviously made money because of Mike as well. We parted ways on good terms last summer because Mike stated he now had a solid bankroll built up and wanted to focus fully on Poker. I respected that and I figured he wouldnt work with me forever, hoped but knew he wouldn't settle for just a percentage in time. It is unfortunate to see this news on here and see that some money was lost. He was always reachable for conversation via email or phone and seemed to be fully focused on our business and the task at hand day in and day out. I guess I was one of the lucky ones then, I could not have been happier with his performance and the results we achieved together.
#3 Update By Author
AUTHOR: Centerpoint - Las Vegas (United States of America)
SUBMITTED: Wednesday, September 14, 2011
POSTED: Wednesday, September 14, 2011
I am glad that you made money from Mike but I am skeptical of that! Here is why. Mike started with me doing online poker and sports betting and this was during Basketball, he failed miserably. the excuse was his parents were getting divorced, then his girlfriend and he broke up, then his had had a heart attack, then his mom had health issues, then he had to move home to help his parents financially. it was lie after lie after lie. Mike pulled out of Online poker and sports betting to concentrate on poker but he failed miserably at that as well. He went from I would never gamble with more than 2% of our bankroll which was $8500 to losing every dime or lying about losing and pocketed the $. What PROFESSIONAL gambler loses and entire bankroll not to mention the additional $14,500 that he said he was up? I am a business owner and I have recovered his SS # and ol' Mike will be getting a w-9 for the entire amount that he was entrusted with. its not much but it's a chunk of change that he will have to pay taxes on. I do not believe that Mike was that successful.......EVER! I have since found 3 additional people that have lost $ w/ Mike not to mention the gentleman that made another post about Mike. How is it that there are a Handful of people that want a piece of Mike over their $ and you come in and say he did wonders for you. Nothing personal but I would bet that you like know Mike on a personal level, if you are not simply Mike in disguise. He is a POS and I have made it my mission to inform everybody, including his parents of exactly what and who their son is. For the record, if you look in LA's financial services section, wonder boy is at it in LA as well. I will flag and post replies on every post and ad I find of his. He is a crook and a con man. I have called him, numerous times and he will not take my calls. DO NOT TRUST THIS CON!
#4 Consumer Comment
AUTHOR: Fong t - Monterey Park (U.S.A.)
SUBMITTED: Wednesday, September 14, 2011
POSTED: Wednesday, September 14, 2011
Hello "Barry"
Your timeline of events sure is interesting because Lester was working with me at the same time he was working with you. And between April of 2008 and September of 2008 he couldn't make the rent and supposedly filed for bankruptcy. It sure is amazing that he could be both a prince and a pauper at the same time. And then for the next 2 years contact me every few months asking for more money to restart his gambling project. Isn't this the same time that he was making oodles of money for you, "Barry"? All people have to do is read my post with Lester's sordid emails and compare Lester's own words with your success story.
