• Report: #866725

Complaint Review: Robert J. McNulty

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  • Submitted: Tue, April 10, 2012
  • Updated: Tue, April 10, 2012

  • Reported By: pismomike — San Luis Obispo California United States of America
Robert J. McNulty
750 Coronado Suite 12o Henderson, Nevada United States of America

Robert J. McNulty Beyond Commerce Misrepresentation of bridge loan and stock purchases. Henderson, Nevada

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WARNING. WARNING WARNING - Robert J. McNulty and their agent took $1 million dollars from "investors" in our area as venture capital for "Boom J". The "investments" were solicited as 6 month "bridge loans"at 12% then we were offered to convert our loans into stock purchases at $1 per share. We were told the stock was "trading" at $2.30 a share and
that we were "in the money". Many things were not disclosed. Big promises were made. The stock certificates given were "not registered" and could not be traded until McNulty said they could be "registered". It has all the appearances of stock price manipulation as McNulty was investigated for previously!! By the time the stock certificates could
be "registered" the price fell drastically to about $0.80per share. We were told to "hold on", things will turn around. It never did. A few people got back pennies on the dollar. I lost $30,000. I appealed to get my money back because of multiple misrepresentations. I was told Beyond Commerce would refund me $10,000. It took 2 years to get $1000 back
with all this talk of "money troubles". Meanwhile, McNulties'son was posting videos on Facebook of parties on the family yacht. It was painful to watch. Since then I have seen multiple complaints on the internet about him. I believe he is under a curse right now, and anything he touches will fail. Many Christians were taken in here,  including a senior director of a Christian Ministry who was persuaded out of $60k of his retirement.

McNulty represented himself as on a board of directors for some foundation building character in young people. Now it makes me gag. If it has McNulties' name on it... run.

This report was posted on Ripoff Report on 04/10/2012 08:37 PM and is a permanent record located here: http://www.ripoffreport.com/r/Robert-J-McNulty/Henderson-Nevada-/Robert-J-McNulty-Beyond-Commerce-Misrepresentation-of-bridge-loan-and-stock-purchases-He-866725. 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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