ED Magedson – Founder
First Choice Investments33 St. James Square London, Select State/Province United Kingdom
I contacted First Choice Investment aka: Capitec Investors from an ad on craigslist -- stating you can invest $500 and in 14 days receive $5000 from the investment.
Thru communications by e-mail: firstname.lastname@example.org also: email@example.com -- with James and Emmanuel, I was accepted into the investment program but must send in the initial investment of $500 within 24 hours or my application would be terminated. This is the website: http://www.firstchoiceinvestment.net
Within that 24 hour period, I sent in $500 to Chris Barrow, 4715 N Oak, Spokane WA 99205 -- phone: 206-333-1626. James contacted me to let me know the funds were there. With the funds of $500 I was only in the Gold plan which meant I could only do investing just once unless I upgraded by sending in another $500. And $350 for the fee for First Choice to do the investing for me.
I told James that he lied to me from the beginning about the investing, about needing to send in $1000 and a fee of $350 and that he basically stole my money from me (what he could get out of me) and that was his intent all along. No upgrading mentioned in any e-mail and absolutely no fee of $350 upfront to invest for me. Now, all his wording from the first e-mail I received from him is twisted. Every e-mail the amount of $500 was mentioned but nothing about $1000. Each one of those e-mails I have kept. James also mentioned how he has thousands of clients he does this with. That is all I can say is: "Good Luck Clients".
I am out of $500 and the $48 it took to western union those funds to him. It was never James intent to invest my money only steal it from me.
And by the way -- in order to be accepted into the program, I needed to send to First Choice Investments my social security number. Just a great way to steal my identity.
So, I never got my backoffice on the website so I can view the progress, but I have had my $500 stolen.
I told James that I want a refund -- Oh, he said, you can have a refund -- you will receive a certified check in 5 days. I told him, no, I want cash back, just the way I sent it to you. Oh, James said, that is not company policy to send cash to a client. Certieid Checks are no good and what James is doing is no good.
Get the drift -- this is not a true operation, but a rip off operation. Anyone, that is a sucker to this -- Be Careful. Don't be like I was.
This report was posted on Ripoff Report on 11/03/2010 05:16 AM and is a permanent record located here: http://www.ripoffreport.com/r/First-Choice-Investments/London-Select-StateProvince-SW1Y-4JS/First-Choice-Investments-Captec-Investors-as-listed-with-the-Better-Business-Bureau-657925. 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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