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Report: #888085

Complaint Review: Delray Global Capital - Delray Beach Florida

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  • Reported By: Pinhas — Aventura Florida USA
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  • Delray Global Capital 55 SE 2nd Avenue Suie 350 Delray Beach, Florida Delray Beach, Florida United States of America

Delray Global Capital Steve Meuhler Alta Vista Companies Steve Meuhler Alta Vista Companies Delray Beach, Florida

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Steven Meuhler is a fake, a con man and should not be trusted. His excuses seem plausible but upon further inspection they are just excuses. He claims he can find international investors to fund your project,  for a single fee, $7500. This would cover some of the processing but his portion of the finders fees covers the rest of the processing, This is a scam. He claims he is able to list your company on the Frankfort stock exchange easier than than the US or Canadian. He has follow up emails identifying his progress along the way but this is also a scam. 
His service contract claims the $7500 is refunded after 90 days if he does not produce the required proceeds from selling securities and the subsequent IPO. He stops all communication just days before your 90 dead line and promises that he is having the funds registered with a GAAP accountant. Here is his last email to me......

(START) We are on the EU Road Show presenting to investors until the 29th of February. The Company currently has just over $750K USD in investment commitments. The process we are beginning this week is getting the company
listed on the German Frankfurt Exchange. We are this week going to get those commitments "liquid" (get the exchanged for cash), put in our investment holding account, verified by a US GAAP Accountant and apply for listing on
the German Frankfurt Exchange. As soon as the accounting statement is completed and submitted to the Frankfurt Exchange, it can be released to the Company, and capital raising will be much faster. This $750K USD was placed
with investors at a 15% discount over the asking price (generally done for investors in the Pre-IPO place, they are first in and at most risk, so they get the discount), we will make up for that discount when traded on market and more capitalized. (END) 

This is all a ruse. Do not engage this mans services. You may contact me via email at
(((REDACTED)))@gmail.com 
  CLICK here to see why Rip-off Report, as a matter of policy, deleted either a phone number, link or e-mail address from this Report.

This report was posted on Ripoff Report on 05/25/2012 09:16 AM and is a permanent record located here: https://www.ripoffreport.com/reports/delray-global-capital/delray-beach-florida-33444/delray-global-capital-steve-meuhler-alta-vista-companies-steve-meuhler-alta-vista-companie-888085. 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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