ED Magedson – Founder
first national capital group1100 S. Federal Highway Deerfield beach, Florida United States of America
These companies are all the same scam. Information fron Florida Division of Corporations http://www.sunbiz.org/ shows that First National Capital Group formed on 1/15/2010 with their address at 1100 S. Federal Highway in Deerfield Beach, Florida. This is the exact same address and exact same office space as SPYKER METALS aka SPYKER CONSULTING, INC. A search on sunbiz reveals that Edina Ferreira to be President of Spyker. She is the wife of Lou Ferreira who is the scammer trying to hide behind his wife and other deceptive practices. He is an EX FELON ON PROBATION and can't allow his name to surface. He uses the alias MIKE TODD to conceal his identity.
CORPORATE records show that the address of First Nation was changed in March 2010 to 1111 Brickell Avenue, Miami, Fl. This is a mail drop. The address was changed AGAIN later in the month to 1395 Brickell Avenue, Miami, FL. This is the address listed on the company's website as HEADQUARTERS and USED IN ALL THE PHONY PRESS RELEASES paid for by the company. It's all a RUSE.
Also behind the scene but more visible is Breno Gomes. Breno Gomes is listed as a Manager of the company on the original Articles of Incorporation and in May 2010 filed to have his name removed. The name these people use is LEON CHESNEY.
Spyker shut down leaving all investors stranded due to a bankruptcy of their clearing firm.
In the case of FIRST NATIONAL CAPITAL GROUP and EMPIRE WEALTH MANAGEMENT GROUP. They have set up their own clearing firm called WORLD CLEARING CORPORATION which they try to get investors to believe in located in LONDON. It does NOT exist in London. In fact, it is owned by the scammers and the office is within the confines of 1100 S. Federal Highway Deerfield Beach, FL. That's where investors' money is sent so the greedy hands can get on it right away.
The Precious metals are never bought for the investor. Instead they dummy up a certificate of ownership that is produced right there in the Deerfield office and sent to clients.
A loan, on the metal, is given by the clearing firm at prime plus 4.5%. Keep in mind that this is a loan against something that does NOT exist. The investor have funds deducted DAILY from their accounts. INVESTORS ARE PAYING INTEREST ON LOANS THAT DO NOT EXIST. FOR PRECIOUS METALS THAT WERE NEVER BOUGHT IN THE FIRST PLACE.
GETTING THE PICTURE???
The upfront fees amount to approximately 50% of the investors' investment and the rest of the investors' money is bled out of the account on a daily basis.
And don't forget the other ex con Mike Galigano [Mike G] whose function it is to call the clients and get bigger amounts of money for the same bottomless pit.
You should have the picture by now. It is 100% true. They also rip off their employees by bouncing checks and not paying them for time worked.
This report was posted on Ripoff Report on 08/11/2010 05:08 AM and is a permanent record located here: http://www.ripoffreport.com/r/first-national-capital-group/Deerfield-beach-Florida-33441/first-national-capital-group-EMPIRE-WEALTH-MANAGEMENT-GROUP-Their-business-is-solely-desig-630515. 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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