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Report: #1323026

Complaint Review: Macor Foundation LLC - Sarasota Florida

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  • Reported By: Margo — Oregon USA
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  • Macor Foundation LLC 7150 N. Tamiami Trail Suite 237 Sarasota , Florida USA

Macor Foundation LLC Keith White Macor Foundation, Keith White, Wire Fraud Sarasota Florida

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On about August 10, 2015, we G.P. Fountains(Margaret Chatman) signed a contract with Keith D. White/MACOR Foundation LLC to get a loan for our humanitarian project for children. He said that if we provided a $300,000 to him then he could get us an SBLC (stand by letter of credit) for $150 M dollars and we had one year to       repay it. We told him that we did not have the $300K to pay him and asked if there was any alternative. He said that some football player friends of his will put up $275K of the funds and we would have to pay them back 10 X their money. We agreed. He also said that a guy near him owns a bar and that he would put up the balance of $15K...same agreement of repayment. 10 times.

He sent us the contract along with all the documents to sign the sblc over to him so that he could monetize it for us. (He claimed that he received the sblc from Deutsche bank /Germany who was willing to give a leased instrument to him for the sake of a humanitarian project. So we qualified. In the contract it stated that we would have at least  $100K in our bank within 10 days..it never came.

He called us with an excuse and from then on there were excuses for NOT giving us the funds contracted for..even though he took the $15K wired funds from our G.P. Fountains account and has NOT returned the funds. He keeps saying that he was in a car accident, then he had to have treatment for cancer or he worked all night and was just tired, had to meet with the big bosses in Miami..just excuse after excuse.

So now it is 6 months later and we haven't seen one dime from him and he has NOT returned the $15K which has caused severe hardship for us.

I will forward you the entire transaction, emails and texts so you can see the true picture if necessary. By the way, this is the 2nd time we have done this. There is also someone else I (Margaret) referred to White because we thought that he (White) was authentic. The company is CarMichael Holdings LLc/Kevin White (NOT related to Keith White)

This report was posted on Ripoff Report on 08/17/2016 12:28 PM and is a permanent record located here: https://www.ripoffreport.com/reports/macor-foundation-llc/sarasota-florida-34343/macor-foundation-llc-keith-white-macor-foundation-keith-white-wire-fraud-sarasota-flor-1323026. 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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