ED Magedson – Founder
Tier-One Converged Networks, Inc., Select State/Province USA
Tier-One Converged Networks, Inc. Ripped me off for $30,000.00! Have nothing but a fancy certificaate stating that I have Twenty-Five Thousand shares of Preferred 'B' stock. Dallas, Texas 75201-4218
In August of 2008 my wife (deceased) and I were talked into purchasing shares in Tier-One Networks at an investment cost of $30,000.00. The company was a termoil shortly after and in litigation with the former President.
I received by mail a certificate that I had fully paid for, Twent-Five Thousand Shares of Preferred 'B' Stock which would be valued at $50,000.00.
Needless to say, the Company ceased to contact me and would not return my attempts at communication. I then assumed that I had been suckered out of my money by con artists that make a living out of cheating senior citizens. Help would be greatly appreciated if I could recoup my money.
Art520, Riverside, CA
This report was posted on Ripoff Report on 05/06/2014 01:06 PM and is a permanent record located here: http://www.ripoffreport.com/reports/tier-one-converged-networks-inc/select-stateprovince/tier-one-converged-networks-inc-ripped-me-off-for-3000000-have-nothing-but-a-fancy-1144471. 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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