ED Magedson – Founder
Paradise Is Mine, LLC4045 Sheridan Ave. #264 Miami Beach, Florida USA
Paradise Is Mine, LLC Accord Assets, LLC They promised high interest rates and quarterly dividends but didn't deliver anything. Just a big INVESTMENT SCAM. Miami Beach Florida
Accord Assets, LLC (a subsidiary of Paradise Is Mine, LLC) solicited investments in Paradise Is Mine, LLC. They promised an Asset Credit Premium of 20% of your Investment and a simple interest of 7.4% per annum on the Investment and the Asset Credit Premium combined, payable in quarterly installments, with the total Investment to be repaid in three years.
I was suckered in for $287,329.03 and was counting on the quarterly payments to supplement my pension. Two quarters have passed with no payments being made and I fear that I have lost the total Investment.
Two weeks after my money was transfered to Paradise Is Mine, LLC, they were indicted by the Federal Grand Jury, in Florida, for money laundering and misuse of investments for personal gain. The indictment states they have been under investigation since 2009 but they are still operating their business and taking peoples money today.
This report was posted on Ripoff Report on 08/22/2013 02:22 AM and is a permanent record located here: http://www.ripoffreport.com/reports/paradise-is-mine-llc/miami-beach-florida-33140/paradise-is-mine-llc-accord-assets-llc-they-promised-high-interest-rates-and-quarterly-1078003. 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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