- Report: #357133
Report - Rebuttal - Arbitrate
Complaint Review: Charles M. Vaughn - CM Vaughn - Livid Media
Charles M. Vaughn - CM Vaughn - Livid Media565 Trowbrook Road Atlanta, Georgia U.S.A.
Charles M. Vaughn - Livid Media Atlanta Investment Advisor rips off employees and defrauds investors out of millions via Ponzi scheme Atlanta Georgia
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Furthermore, Mr. Vaughn was recently arrested for check fraud because he did not inform his employees that he filed for bankruptcy and after filing the bankruptcy he continued to issue payroll checks to his employees (knowing that there would be no funds available to cover the checks). These checks (totalling several thousands of dollars) would eventually bounce costing his employees damages in the form of bank fees, etc. When confronted by employees (myself included) Mr. Vaughn offered excuses and empty promises. He went so far as to tell several individuals that he was suffering from cancer and that the money would be forthcoming. He further never informed employees that their medical insurance was cancelled (because he discontinued payments to the insurance carrier) and employees assumed that they had valid medical coverage. Myself and several other individuals filed a police report for the check fraud but Mr. Vaughn is now free on bond.
This report is to serve as a warning to anyone who may in the future encounter Charles Michael Vaughn in employment or investment situations. Do not entrust your money to this individual! If you are an employer, a simple background check will reveal Mr. Vaughn's 15 year history of fraud.
This report was posted on Ripoff Report on 07/29/2008 04:57 PM and is a permanent record located here: http://www.ripoffreport.com/r/Charles-M-Vaughn-CM-Vaughn-Livid-Media/Atlanta-Georgia-30350/Charles-M-Vaughn-Livid-Media-Atlanta-Investment-Advisor-rips-off-employees-and-defraud-357133. 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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