• Report: #966261

Complaint Review: First Mountain Bancorp

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  • Submitted: Thu, November 08, 2012
  • Updated: Tue, August 27, 2013

  • Reported By: Jarrod — Oklahoma United States of America
First Mountain Bancorp
PO Box 34026 Truckee, California United States of America

First Mountain Bancorp George Gowen Fraud. Cheat. Bonds Irrevocable Trust Receipt Non Payment Truckee, California

*REBUTTAL Owner of company: Incorrect Facts

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Purchased a ITR Bond from First Mountain Bancorp to gauranty a commodity transaction payment.  The commodity was delivered but the purchaser paid with a check that was returned twice for insuficient funds.  Check was totally worthless. 

Filed on the ITR/Bond for payment.  First Mountain Bancorp and George Gowen refuse to pay the bond.  The company and the securities they market are completely fraudulent. 

We contacted them several times with absolutely no direct response.  They would not answer phone calls or emails.  Finally filed a law suit against them in Oklahoma Federal Court.  They have not answered the suit.  

Search George Gowen on the web, he has had multiple run ins with the law.  He and his companies are a total fraud.  Screwed us out of $300,000.0


This report was posted on Ripoff Report on 11/08/2012 12:19 AM and is a permanent record located here: http://www.ripoffreport.com/r/First-Mountain-Bancorp/Truckee-California-96160/First-Mountain-Bancorp-George-Gowen-Fraud-Cheat-Bonds-Irrevocable-Trust-Receipt-Non-Paym-966261. 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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REBUTTALS & REPLIES:
0Author 0Consumer 1Employee/Owner
Updates & Rebuttals

#1 REBUTTAL Owner of company

Incorrect Facts

AUTHOR: George Gowen - ()

 Paul Anderson's agent had him transfer $250k to FMB where FMB purchased a CMO as requested by Paul Anderson.  FMB was not able to use the CMO so Paul Anderson's agent requested that the CMO be transferred to a broker in France who had a buyer for the CMO.  Paul Anderson was to be paid by the French broker so FMB transferred the CMO as requested and it is FMB's understanding that Paul Anderson was paid.   

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