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  • Report: #832576

Complaint Review: Watson Financial Group

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  • Submitted: Wed, February 01, 2012
  • Updated: Wed, August 08, 2012

  • Reported By: Richard — Pasadena Maryland United States of America
Watson Financial Group
421 28th Street Sacramento, California United States of America

Watson Financial Group Mike Watson and Dr. Perry Michael Williams Funding promises as to In Ground Asset Values for Miners is Worthless and they have stolen $9,650.00 and attempted extortion to perform as agreed! Sacramento, California

*Author of original report: Michael Williams is a Fraud and Liar.

*REBUTTAL Owner of company: dr. Mike Williams is not a scam and is world famous, scientist, inventor! this scam report is false

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I am currently advertising in International California Mining Journal, a particular set of mining claims in Alaska. I was cold contacted (he called us based on advertisement) by a, (so called Dr.,) Mr. Perry Michael Williams of Sacramento California who claims he is partnered with Mike Watson of Watson Financial Group. Investigating his background later we learned his "doctorate" was a mail order internet buy it in a box style credential. I failed to investigate his background based on his incredible online resume found at mike24kgold@gmail and we are out $9,650.00 for a $350.00 assay report that is neither certified or approaches the type assay he claimed he would have performed to value our in ground assets.
We paid him 10K up front bank to bank transfer and payment was for him to provide certified assays and assist in document preparations - he utterly failed to follow up in any assistence preparing documentation as he demanded and then attempted extortion by demanding another $5K to dontinue to assist us!

Mr. Williams represented he was affiliated with Watson Financial Group and Partnered to Mr. Mike Watson of Watson Financial Group. Please learn from our error! Mr. Williams promised us the "moon" and utterly failed to perform as agreed, in our contract as entered, and would later attempt extortion demanding further payments to do what he already had been paid to do - which was process and deliver three separate and independent lab assays of our mineral specimens and assist us in preparing the many documents he provided which he claimed were required to submit our company for financing on what he describes as the "Gold Platform" or "Trading Platform" His claims have been shown to false, his representations of his affiliations have been shown to be false, when I contacted his references later I learned they hd severed relations qwith him due to his explosive and volitile personality - lack of ami9ablew relations and when I contacted Mike Watson to inquire as to the relationship between the two of them he did not deny the relationship, simply responded in a manner that would set off red flags for any one who read same - he was attempting to be indignant and dis-simulate but not make denials.

Williams used his affiliatiions and representations to sell us on belief he could in fact obtain funding to expand our business - a mining property that is valued in the billions as to in ground assets. He was slick s hot oils, but I soon recognized him for what he is - a con artist and rip off. Saside from the cash we paid and were ripp offed he attempted to get a percentage of the property - which - had he been legitimate I would have been more than happy to share. Criminal complaints have been fikled and civil action is being readied - one must wonder is it worth going after these guys? Any help from readers of this report is appreciated.

This report was posted on Ripoff Report on 02/01/2012 08:43 PM and is a permanent record located here: http://www.ripoffreport.com/r/Watson-Financial-Group/Sacramento-California-95816/Watson-Financial-Group-Mike-Watson-and-Dr-Perry-Michael-Williams-Funding-promises-as-to-I-832576. 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:
1Author 0Consumer 1Employee/Owner
Updates & Rebuttals

#1 Author of original report

Michael Williams is a Fraud and Liar.

AUTHOR: Richard A. Erickson - (USA)

Michael Perry Williams is a liar and fraud artist. He knew full well of my transgender status and criminal background prior to entering any agreement to provide financial services to promote our mine, a World Class Mine - none of which dsitracts from being a miner and claim owner. Williams claimed to have representation power with various companies and associates and each later advised us he was known as the lousey fraud he is.

Williams on December 27th 2010 and December 28th 2010 assured us in a conference call with Mrs. Carol Huddy, he could perform as agreed and have our minieral asset listed with "SafeCare" of the Gold Platform Financing without delay or problems and would assist in document preparations to assure same. Instead, he dodged any stated working effort to file the documents and never assisted us prepare his documents as he had provided and claimed he would, instread sending "new documents" at the last moment when the initial documents had been prepared and claimed these were "new requirements of "SafeCare", in concert with Watson Financial who supposedly provided the documents at the last moment, which legitimate industry fiunancial experts advise after the fact was a none viable program and that SafeCare no longer did business in USA. Williams and Watson knew those facts when he took $10,000.00 for his asistance in getting independent assays and for his continued documents expertise as he claimed which we found to be nothing but lies. The assay cost $350.00 dollars and was not the assay type he had promised - none industry certified and not the 40 element assay he had promised would be provided.

He is the fraud here. When disputes arose he failed to take steps to correct the dispute per contract terms and is now in default. I owe Williiams a law suit per contract which I am currently preparing. He even filed a false complaint with police to attempt intimidation at my inssitence he perform as agreed and when that failed issued threats that: "some one will come visit you soon..."

He then agreed to continue to "work" with us for an additional demand of $5,000.00 dollars. This demand for $5,000 additional funds was nothing less than attempted extortion.

I have full and complete proofs of his lies and threats and will take every legal action to recover from him as the law allows. Richard A. Erickson  Also known as Tara Erickson  email at tara_erickson01@yahoo.com and tel: 907 328 8245 for additional hard copy information on this lying sack of whale dung.
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#2 REBUTTAL Owner of company

dr. Mike Williams is not a scam and is world famous, scientist, inventor! this scam report is false

AUTHOR: drmike - (United States of America)

The person who sent in this report tried to scam us...he is a she and convicted bank robber! Dont believe a word of this false report. He now is us over 130,000, is not a mine owner, is a fraud !
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