• Report: #641602

Complaint Review: Jericho Capital Group

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  • Submitted: Fri, September 17, 2010
  • Updated: Fri, September 17, 2010

  • Reported By: Jason — Corona California United States of America
Jericho Capital Group
4400 N. Scottsdale Rd. Suite 9-285 Internet, Arizona United States of America

Jericho Capital Group Scott Tischler Not professional Wastes Time, promises payment, NEVER DELIVERED! Internet, Arizona

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Our company was initially contacted by Scott Tischler on August 31st, 2010.  Transcript below:

tower772@yahoo.com
Scott Tischler

Tue- August 31, 2010
I am interested in purchasing a shelf corp from your company.  Please call me at 480.203.7758 or email.  thanks
Scott


After talking with Scott for a bit, explaining our packages and services, we were solicited by him with his services of investments and private equity offers.  While we are VERY skeptical of business's of this nature, we asked him to explain a little more of what his company does.  He stated he was in need of capital to invest in his own company.  We immediately told him we have a strict policy of only allowing 2 of our packages to any one person.  He then proceeded to request that we start working with all of his clients etc.  This was the first in many very peculiar actions he took part in.

To cut a long story short, he promised payment, NEVER delivered.  In fact here is an excerpt of the email sent:

From:    Scott <tower772@yahoo.com>         
Date:    Mon, Sep 13, 2010 3:38 pm

Trying to get the wire out now.  Taking forever at the bank

Sent from my iPhone

After leaving multiple messages, and emails trying to reach him with no response, we were forced to terminate any offers of services to him.  At which point he went on a spree of contacting our local Chamber of Commerce the BBB, Ripoffreports, FBI, SEC Etc.  Apparently Mr. Tischler has ALOT of free time on his hands.  If he is so busy filling reports with company's about another business that did not take a dime from him, either his investment company is very profitable, or is failing horribly.  We retain the right to let you decide on which of the two that might be.

My recommendation as a Company that had previous dealings with him and turned down the offer of accepting him as a client would be to look at the facts and details of what he is doing, and ask yourself is this a person or company that you would want to represent your client list, and ask yourself if he would go to great extents to attempt to shatter the credibility of a company that did not take one penny from him, imagine what would happen if you actually tendered a payment?  Would you want him to go around the internet and post comments about your company?

His website states:


Jericho Capital Group is one of the worlds premier, alternative asset management
and private equity firms who currently holds over $3.5 Billion in assets.  Our principals

are the largest single investor in each of our funds.  Our principals do not make
money until our investors make money.  We believe this keeps our goals aligned with our investors goals.  We welcome you to take the road to Jericho.   


 


Scott Tischler


PRESIDENT




Wow, 3.5 Billion in assets and its hard to send a payment out for $1900?  Your requesting our company to obtain a Corporation with $30,000 in assets.  Wow we are small potatoes compared to your self proclaimed great empire.  I guess our "A" rating with the BBB is better then your companys non listed status.  I mean after all membership is around $470 per year and with 3.5 BILLION dollars in assets that seems like a large price to pay.



This report was posted on Ripoff Report on 09/17/2010 01:53 PM and is a permanent record located here: http://www.ripoffreport.com/r/Jericho-Capital-Group/Internet-Arizona-/Jericho-Capital-Group-Scott-Tischler-Not-professional-Wastes-Time-promises-payment-NEVER-641602. 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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