Complaint Review: Gerald Walker Mioyo International
Gerald Walker Mioyo International SBLC's and BG Scam! Dallas Texas
*Author of original report: Final Demand Letter Update
*Author of original report: Final Demand Letter to Gerald Walker
*Author of original report: Still No Word From Gerald Walker/Mioyo
*Author of original report: More Emails From Gerald Walker
*Author of original report: More Emails From Gerald Walker (Con Artist)
*Author of original report: Gerald Walker Email claiming funds going to Pay-Master
*Author of original report: Email From Gerald Walker (2014) More Excuses
*Author of original report: More Contact With Jim Harvey
*Author of original report: Jim Harvey: The Business Associate
*Author of original report: No Word from Gerald Walker
*Author of original report: Still No Word From Gerald Walker
I met Gerald Walker via a mutual friend. I was told he was a schrewd business person and that could help me gain access to a BG/SBLC to help me acquire funding for my company. I trusted the person who introduced me to Mr. Walker. We entered in a Joint Venture Agreement in July 2014. The BG (Bank Guarantee) was to be monitized with 21 business days. I wired Mr. Walker $50,000.00 (2/3 of funds required to lease the instrument).
Mr. Walker proceeded then (according to our escrow agreement) wired $75,000.00 USD to Attorney Russel Rice Jr (Escrow Attorney/Paymaster). Mr Rice Jr also has a complaint on this site regarding a Non Recourse/Private Placement deal that may also be fradulent. Mr. Rice Jr passed away in October 2014.
As of today I have not received back my full deposit and Mr. Walker is refusing my calls. I found out later from Mr. Walker that he was scammed out of $250,000.00 trying to participate in a non recourse deal in the recent past. He decided not to pursue the party who stole his money. This information was given to me months after I wired the money and enter into our agreement. If I would have known this, I would not have enter into the JV agrement with Mr. Walker.
I'm filing complaints with the Securities and Exchange Commission and the Dallas PD Financial Crimes Division.
This report was posted on Ripoff Report on 02/10/2015 01:41 PM and is a permanent record located here: http://www.ripoffreport.com/reports/gerald-walker-mioyo-international/dallas-texas-75201/gerald-walker-mioyo-international-sblcs-and-bg-scam-dallas-texas-1208122. 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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