- Report: #1047060
Report - Rebuttal - Arbitrate
Complaint Review: Rick Mitzen
Rick MitzenFrank Loyd Wright Dr Scottsdale, Arizona USA
Rick Mitzen Southwest Water, Water Stewarts, Jetstar Beware. Hustling "investment" monies for his companies. Companies fail to exist and will not return investments Scottsdale, Arizona
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Around December of 2012 I spoke with Rick and got a little stern. He had informed me it was structured under a differant name and purchases of lands with water rights had taken place. Further research indicated not only did the purchase of water rights take place but he was off working on a company called Jetstar also in Scottsdale, Az, which he stated he had purchased 51% in. Contacting founders of Jetstar come to find this isnt true nor does he have the capital to buy in. At no time was there any documentation or approval on my end for my money to be invested in a Jet Pack.
I have made several attempts to reach Mr Mitzen via phone, by mail even calls to his son to have my investment back. Last we spoke was december and he assured he would return my investment that month. I have reported him to the SEC to see if they can get my $15,000 returned. Due to the slow nature of the SEC felt it best to disclose to the public the scam taking place.
This report was posted on Ripoff Report on 04/29/2013 12:31 PM and is a permanent record located here: http://www.ripoffreport.com/r/Rick-Mitzen/Scottsdale-Arizona-/Rick-Mitzen-Southwest-Water-Water-Stewarts-Jetstar-Beware-Hustling-investment-monies-1047060. 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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