Richard Hernandez Miniature Madoff? Santa Ana, California

In 2007 and 2008 someone we thought was a friend approached us with a supposed business deal in which I would become an officer within a corporation, CMG to be established.  This would entail an initial cost of $50,000.00, then subsequently other loans for brochures, etc. etc.

I asked Mr. Hernandez to forward to me the formal papers re the corporation which had been agreed to, signed by him, in an informal document. He never did that.   No doubt he never even applied for said papers. I believe it was just a set-up in order to get $50,000.00 with no intent to repay.

The market crashed a few months after this supposedly investment.   He would not reply to phone calls nor accept certified mail sent by debt collector. My friend, who has sustained huge losses because of a loan to him and I believe that we are not the only two people he has defrauded.

We have exhausted all avenues tried to date, even through Orange County  District Attorney's investigators.

He now has a real estate license posted at a company in Riverside, California.

I have those license numbers and will submit them when and if required.