ED Magedson – Founder
Marc AugustineFt. Lauderdale, Florida USA
Credit Rich, Creditrich, Marc Augustine, Marc A. Augustine Credit SCAM Be Warned Do Not Send Him Money! Ft. Lauderdale Florida
Marc Augustine claims to set up a 3 year old shelf corporation with $40,000 line of credit for $1,350 which sounds reasonable because I have checked around and that is the norm. Then in his email he says you only need to put up a down payment of $250-$310 in order to cover the initial costs of transferring the corporation over to you and he will collect the balance once the corp is set up with an 80 paydex and funded with $40,000 in buisness credit cards which he guarantees. On the surface this seems to be a balanced deal since he has the incentive and motivation to complete the transaction in order to collect the balance of his fee. WRONG!
I sent him $250 to begin services within an hour of contacting him throgh Xoom payment systems because his PayPal account had issues and there was no BOA in my city. Once the payment was confirmed which was last Monday, July 15, I was told the paperwork for the corporation would be sent the next morning. I waited all day for an email, but nothing came but a delay email saying it would be done the next day, Wednesday July 17. Here's his correspondence to me copied from his email.
Hey Rick, (07-16-2013)
We got the confirmation today. I was just finishing up some funding that came through for one client today. We will get this transferred today. Thanks fr your patience.
another day goes by and I'm getting nervous by now
Hey Rick, (07-17-2013)
Will call you shortly with the receipt and also to complete your corp (never called)
I am completely straight with you and we are and will get this done. We have been super overwhelmed but we will be getting your corp done today and getting you your credit. (he never called)
We will be transferring the corp TODAY. I will give you a call as soon as I get back to the office. (never came through)
I am going to ensure that we get you done and you can be that person. I am almost done with the files I had to do before.
(Never delivered and that was the last correspondence)
I never suspected this man would defraud me because I have been on his mailing list for over 1 year before deciding to do business with his company CreditRich. However once the correspondence ceased I began to do some research and when I entered his name into Google I was horrified to see how many people had experience the same thing. I let my guard down for a minute and it cost me $250. No wonder his PayPal account was shut down. I am writing the attornery general in florida to alert them to this scam artist...Pass this message along to anyone considering doing business with him. My next letter is to Amazon payments where he is advising clients to send their money....he has to be shut down.
This report was posted on Ripoff Report on 07/22/2013 08:30 AM and is a permanent record located here: http://www.ripoffreport.com/r/Marc-Augustine/Ft-Lauderdale-Florida/Credit-Rich-Creditrich-Marc-Augustine-Marc-A-Augustine-Credit-SCAM-Be-Warned-Do-Not-S-1069016. 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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