• Report: #1026571

Complaint Review: Miguel Sierralta

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  • Submitted: Sun, March 10, 2013
  • Updated: Sun, March 10, 2013

  • Reported By: Lance W — Miami Beach Florida United States of America
Miguel Sierralta
1413 Sunset Harbour Dr #117 Miami Beach, Florida United States of America

Miguel Sierralta Sierralta Entertainment, Little Angels Productions, LatinAngelsTV INVESTORS BEWARE!!!!! THIS GUY WILL RIP YOU OFF AND YOU WILL NEVER SEE ANYTHING FOR YOUR MONEY Miami Beach, Florida

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Beware of Miguel Sierralta!! He is always looking for money for a new project. If you give him money you will never see your money or the project you paid for. He will spend your money on his lavish lifestyle, traveling, buying clothes, and jewelry.  If you ask him how things are going he will always tell you a good story.

I gave him $52,000 for one project, and  another $120,000 for second project.  In total he took over $850,000 from investors, and did not produce, invest or buy anything that he could account for.  When asked for an accounting for the funds, he claimed he had no accounting and if you suited him he had nothing to take.

Miguel Sierralta has been doing this for many years and has been sued many times and lost. [continued below]....
..... He has figured out how to make himself un-collectible. His house, cash, and other possessions are in other peoples names or off shore.  He does not care about contracts, and has no intention of honoring any contract.  

Most likely, the money I gave him was not only used to pay for his lavish lifestyle but also was the seed money for another project that he is making money on.  He believes that all money once given to him is now his money to do with as he likes.   

This report was posted on Ripoff Report on 03/10/2013 03:26 PM and is a permanent record located here: http://www.ripoffreport.com/r/Miguel-Sierralta/Miami-Beach-Florida-33139/Miguel-Sierralta-Sierralta-Entertainment-Little-Angels-Productions-LatinAngelsTV-INVEST-1026571. 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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