• Report: #1151969
Complaint Review:

New Age Investments

  • Submitted: Tue, June 03, 2014
  • Updated: Thu, July 10, 2014

  • Reported By: bob —
New Age Investments
8200 Stockdale Bakersfield, California USA

New Age Investments NAI, HR@NewAgeInvestments.mygbiz.com, New Wealth Management Firm STAY AWAY!!!! DONT GET SCAMMED!!!! THEY'LL STEAL YOUR MONEY!!!!! Bakersfield California

*UPDATE Employee: False False False!

*Author of original report: I Was Scammed Too


*Author of original report: Dont Trust New Age Investments, Its a SCAM!!!

*Consumer Comment: Current investor with New Age Investments- they are legit

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Dont not invest in this company!!! They are a SCAM!!!!  I invested thousands of dollars into this company and they said I would see a 25% to 85% return on my investment within 60 days.  After 60 days I requestrf to get my money back from the investment and they refused giving me nothing but excuses!  I lost thousands of dollars with this company, dont be their next victim!  The person promoting this SCAM is Derek Carson.  His number is 661-889-2603, his email is sicknesstrucks@gmail.com and the company email is hr@newageinvestments.mygbiz.com

Dont fall for the fake statements and fake references they give you, they are not real.  They are not licensed, they are not regulated, they are theives.  They will try to persuade you that your money is safe and that you have nothing to worry about.  You will end up losing everything.  This company is already being investigated by authorities.  


Here is an example of an ad that these scammers are using on craigslist:


New ASSET MGMT seeking investors 110% ROI Investment Invest- 60 days (paypal accepted)

Accepting new clients for very successful and upcoming finance firm 
Contact us for more details

Have your money work for you 
Tired of Large banks taking your money?

We are a NEW investment firm in the process of get licensed with FINRA, SEC, and all exchanges in the U.S- Launching our website soon

We are offering up to 45-115% return on your initial investment within 60 days. We do accept paypal and we do offer an investment protection plan which is like insurance and entitles you to no risk at ALL! Small fee is applicable 

Min investment is 5k: via Paypal however we do suggest up to 10k.
We know how difficult online transaction can be therefore we have chosen to partner with PayPal and Google since they are the most trusted third party merchant on the net- You can fund your account with a credit card YES!


or you might see this


Thank you for your inquiry about our new wealth management firm "New Age Investments" , which is a new and upcoming firm in the finance industry looking to expand our business country wide. We have been in business for over a year now and are managing well north of one million dollars. We are looking to grow that number much larger close to five million by year end
To familiarizes yourself with our firm:
-25-85% ROI
-60 day maturity dates
-Third party merchant funding Safe and Secure(Paypal,Google Wallet, and Amazon)
-30-40% commission fee
-No admin or service fees
-Fund with credit, debit, or bank accounts
-Weekly account updates
-Website launching end of Q2.
-5k min investment, 10k recommended

How long is the investments for:
-60 Days including holidays and weekends

Are you guys licensed:
- We do have a form D on file with SEC and are in the process of getting bonded with FINRA/Exchanges

What is the return I can expect:
- 35-85 % From past performance 
--10k after 60-days you can accumulate 2500-3800$ profit

How long have you guys been in business:
-Almost a year and yes we do have statements

Where are the funds held:
- Top tier institutional banks/ brokerage accounts FDIC insured 

Why are the funds pooled:
-You need at-least 100k for our algorithm to profitable 

How AM I protected:
-(1)Protected through your bank, (2) SEC, (3) Third party merchant- Paypal, Google Wallet, OR Amazon 

How do I get started:
- Sign and return the agreement/disclosure agreement to be given an account number

This report was posted on Ripoff Report on 06/03/2014 08:34 PM and is a permanent record located here: http://www.ripoffreport.com/reports/new-age-investments/bakersfield-california-93311/new-age-investments-nai-hrnewageinvestmentsmygbizcom-new-wealth-management-firm-stay-1151969. 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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2Author 2Consumer 1Employee/Owner
Updates & Rebuttals

#1 UPDATE Employee

False False False!

AUTHOR: New Age - ()

We have no clients under the name of BOB of PAMELA! Someone obviously is trying to sabotage our business model. Please leave your true identities so we can prosecute you to the full extent of the law.

We have a tremendous track record and pay out every client in 60 days. 


AFTER reviewing the both submission of BOB and Pamela, they have the same writing style 

- what a coincidence  - Same person trying to use two different ALIAS

Email us at HR@NewAgeInvestments.mygbiz.com we will provide any information to authorities or any other third party person 


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#2 Author of original report

I Was Scammed Too

AUTHOR: Pamela - ()

I thought this company was real too.  I invested $15,000 thinking that I would be able to get a good return, but I didnt.  Just like the person who filed the report, I got nothing but delays and excuses on why I wasnt getting my money back.  They wouldn't even respond to my email sometimes or return my calls.  I think that some people are getting paid and others are not.  This seems like a pyramid scheme that is paying old investors with new investor funds.  And just like any pyramid scheme, they eventually collapse.  I am reporting them to the SEC and the FBI.  Dont invest in this company, they are not licensed to accept investor funds and what they are doing is illegal.

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#3 REBUTTAL Individual responds


AUTHOR: GCC2400@gmail.com- Larry - ()

No ONE has contacted me! Out of the 100+ clients they you re the only one who is complaining, Yes I am a current client with New Age

- Very comical  in my opinion 


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#4 Author of original report

Dont Trust New Age Investments, Its a SCAM!!!

AUTHOR: bob smith - ()

Contacted the person who wrote the rebuttal and suprise suprise, no response, no statements...  Most likely they work for New Age Investments and are part of this big SCAM.  If a company is honest and ethical and paying on time, then what is there to complain about?  Nothing...But when a company screws you over and steals thousands of dollars from you, you have to warn others not get involved so they dont lose their money either.  Dont trust New Age Investment and dont trust anyone that is working with them, its all one big SCAM.

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#5 Consumer Comment

Current investor with New Age Investments- they are legit

AUTHOR: GCC2400- Larry - ()

I have been investing with this company for over 8 months and already got a payed out of well above 30k, started with 5k. People are sabotaging this company because they wont accept them is disgusting. Please contact me I will show deposit slips through GoogleWallet. People saying that they are scammers are just worthless pieces of sh**

Direct email GC2400@gmail.com

I wouldn't get my family involved if i didnt see potential in this company

They also offer investment protection and third party funding which was great when I started, it gave me extra confidence that I could use a credit card

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