ED Magedson – Founder
Allied Athlete Group925B Peachtree Street Ste 770 Atlanta, Georgia United States of America
This company is running a pyramid scheme to get professional athlete's, attorney's, real estate agents and other company's to to invest money into a company that doesn't have anything to offer. They pitch to Athlete's to buy a year membership for services such as concierge, legal service and so one. They have also had at least 100 Athlete's buy shares in the company. When all those share dollars have been used only for the company's expenses and to pay they're staff. For which they are not paying they're staff on time or at all. Because the company is broke they also ask company's to invest thousands of their marketing dollars just to have access to the Athlete's that are member's with the company.
The Company has no services to offer athlete's nor do they have benefit for other company's to invest their money. They are Broke!
This report was posted on Ripoff Report on 11/13/2009 10:46 AM and is a permanent record located here: http://www.ripoffreport.com/r/Allied-Athlete-Group/Atlanta-Georgia-30309/Allied-Athlete-Group-Michael-Stone-Phillip-Boykin-PYRAMID-SCHEME-FOR-PROFESSIONAL-ATHLET-523342. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.
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