Report: #855723

Complaint Review: Adam Boroughs

  • Submitted: Sun, March 18, 2012
  • Updated: Sun, August 19, 2012
  • Reported By: Cynthia — Northbrook Illinois United States of America
  • Adam Boroughs

    Chaska, Minnesota
    United States of America

Adam Boroughs Netbryce Property Investment Complete Dishonesty and Theft of Money: Not worth the Risk Chaska, Minnesota

*Consumer Comment: Pack your bags, Adam!

*General Comment: I completely disagree.

*REBUTTAL Individual responds: Completely False Report!

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Adam Boroughs of Chaska, MN and Hunington Beach, CA. Also known as Equity Project, MN; Equity Project; American Equity Project; Netbryce Property Investment; BEDG LLC; BAST Global; Cap Publishing Company, and a host of other questionable companies and associations.

This person sounds honest, but he is anything but honest. Do not get involved with this guy. I lost a substantial amount of investment capital dealing with this fellow. I paid deposits and processing fees to this guy, which were supposed to be entered into a trust account. I never got them back, despite promises to the contrary.

I understand this crook is now trying to relieve people of their money with residential REO properties. If you have been contacted by this person (or his wife or relatives), go the other way.

He has a blog:
Profile page 1: http://www. [continued below]....
Profile page 2:
This person is a real smooth talking shyster. Work with credible companies for your investments, not a cheap hustler like this guy. He likes you to think he is a real family man, but investigations prove he is hardly that. Do not trust this guy. He has somebody else (a student) that is calling to get people to invest - his name is Ryan Korbel - do not trust him either.

Any association with Adam Boroughs, in any business related venture is an unwise mov e, in my experienced opinion. I hope people see what I have written and protect themselves. I also hope that other victims (which there must be many) will also see this and write their own report - it's the only way we can stop cheap hustlers like this. 
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This report was posted on Ripoff Report on 03/18/2012 03:46 PM and is a permanent record located here: 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. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content

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#1 Consumer Comment

Pack your bags, Adam!

AUTHOR: M - ()

Running your mouth, Adam, does not do you any good. All your whining, and posturing doesn't change the facts.

You are still a twice convicted felon, in Minneapolis, Minnesota.

You are still serving 20 years of probation, after being convicted of failure to pay child support, failure to pay taxes, and theft by swindle. 

That is after they followed your trail, trying to con people in other states, and they caught up with you and arrested and extradited you from Georgia, didn't they, to face the music back home, huh?

As the word continues to get out, and more people realize what a chronic sociopath you are, I would count on going to prison, if I were you.

Many of us can't wait, and are happy helping to help you get there sooner.

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#2 General Comment

I completely disagree.

AUTHOR: Michael Huntes - (United States of America)

To Whom it may concern,

Adam Boroughs is a convicted felon in Minneapolis, Minnesota. Look it up. 
He served substantial jail time for it. Look it up.
He is currently on probation currently, for failure to pay child support, failure to pay taxes, and theft by swindle. Look it up.
Last time I checked, his wife Julie was divorcing him. Look it up.
He is a lying, loud mouthed, illiterate, punk, who lives solely to perform public acts of d****ebaggery.

I made that part up, but it fits.

Do us all a favor, call Probation. Send this A hole back to jail.
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#3 REBUTTAL Individual responds

Completely False Report!

AUTHOR: Adam - (United States of America)

Dear "Cynthia",

I find it funny that all of a sudden I have 2 complaints for completely different avenues of business on this report forum. Both by people I have never had any association with, recollection or done any form of business with. This report as well as you our your split identities "Cynthia and Mike" are completely false.

In your report you state that you have lost a substantial amount of investment capital, including deposits and fees that where suppose to be deposited into a trust account. Your statement makes no since, if you are investing capital into a trust it goes directly into the trust account (third party). Not to me, in regards to residential properties it is quite the contrary and my blog is informational only.

I guarantee you that if Rip Off report did any type of research on the (2) complaint reports they would see you have the same IP address for both reports. Further more I am more than willing to resolve any issue with you simply contact me directly, "it is not as if I am that hard to find".

Your context towards my family and your "fictional opinions" show nothing but unprofessionalism and is a blatant personal attack. Seeing that I have never even talked to you or done business with you lets me know what this really is about and who it is.   

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