ED Magedson – Founder
Blackpool Group Inc575 Madison Av, 10th Floor, New York, New York USA
Blackpool Group Inc AKA Blackpool Ventures IncJonathan CrossNelson Shapiro False promises of investment of $5 million was made after taking a fee of $25,000 to prepare documents. New York New York
Jonathan Cross and Nelson Shapiro, the 2 directors of Blackpool Group misrepresented their company saying they managed a $250 million fund interested in investing $5 million into a smaller Hedge Fund which was to be formed and started by them for me to use in my real estate business. They asked me to pay $25,000 in upfront fees to prepare the documents and form the entities.
The agreement with Blackpool was to provide the fund with $5 million by June 23rd 2013 or return the $25,000. After repeated lies about the delayed funds they were not able to perform and have not returned the $25,000 as per their agreement. They are now not responding to any correspondence.
They have also scammed 2 other businesses and all details of their other scams can be obtained from S&Z Fund Services, 145 PInelawn Rd, Suite 200, Melville NY 11747. Tel 631.368.3110
This report was posted on Ripoff Report on 06/30/2013 07:46 PM and is a permanent record located here: http://www.ripoffreport.com/reports/blackpool-group-inc/new-york-new-york-10022/blackpool-group-inc-aka-blackpool-ventures-incjonathan-crossnelson-shapiro-false-promises-1063341. 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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