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Report: #1471674

Complaint Review: Erin Wicomb Mavrik Investing - San Diego California

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  • Reported By: Adam — San Diego California United States
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  • Erin Wicomb Mavrik Investing 600 B Street San Diego, California United States

Erin Wicomb Mavrik Investing Erin Wicomb is an alias Ponzi Sceme San Diego California

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Like Charles Ponzi , Erin Wicomb has developed a reputation in his short 34 years as a serial finacial fraud moving between San Diego,New York and South Arica derrauding investors for non existant real etate investments.

Erin and hisfiance Daniela Gomez have lined there pockets with investors proceeds to purchase cars incldung a new Tesla, a new home in Bankers Hill while possesing zero in cash flow and unable topat employees and consultants who have worked for his sham company.

It isn't clear what Wicomb's goal is as he spends ten's of thousands of dollars on promoting his self image rahter than paying dividends or n=bank loans and lines of credit.

Wicomb hashad numerous lawsuits filed against him for taking investor money and not provifing equity or a return.

His brazen salesmanship is surprising given that he is known amaong the  San Diego community as acon man. Regardless hisarrogance still allows him to show case a fantastic fantasy of trying to rub elbows with C-Level real estate celebrity trying desperatelyto garner false credability.

Mavrik Inveting has zero cash flow, owns almost none of the property it is trying to raise money for and regularly has toliquidate investments to pay off invesotrs long waiting for returns.

Employees of his sham company wait nealry a full a month without a paycheck regardless of working status. His book keepr has gone on record tostate the comapny has no working xapital.

Recently Wicomb has resorted to begging for bridge loans to keephis house of cards afloat.

Charles Ponzi went to jial on four seperate occassions and Wicomb/s number is up.

 

This report was posted on Ripoff Report on 01/17/2019 11:16 PM and is a permanent record located here: https://www.ripoffreport.com/reports/erin-wicomb-mavrik-investing/san-diego-california-92101/erin-wicomb-mavrik-investing-erin-wicomb-is-an-alias-ponzi-sceme-san-diego-california-1471674. 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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