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Report: #496744

Complaint Review: Prospexx, Barrett Capital Exchange, Tom McKenzie - Port Colborne Ontario

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  • Reported By: Anonymous — anonymous California USA
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  • Prospexx, Barrett Capital Exchange, Tom McKenzie 2-504 Steele Street Suite 156 Port Colborne, Ontario United States of America

Prospexx, Barrett Capital Exchange, Tom McKenzie Prospexx, Barret Captial Exchange, Tom McKenzie and his daughter are all frauds. Port Colborne, Ontario

*Consumer Comment: Mack funds deals

*Consumer Comment: No back up to complaint

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Prospexx, Barrett Capital Exchange, and Tom McKenzie are all complete scams.  All Tom does is make you think your project is the best ever then steals all the fees he charges to do Due Diligence.

He leads you to believe you are getting funding up until the very last minute.  Once he decides he has gotten all the money he can from you that's when the excuses start.

This guy hides behind his contracts.  He is a scam broker.  The sad thing is that he has his daughter involved Michalea Barrett and she is just as bad.

They also work with a group out of NY, Lauton Funding where this other con artist, Lauron Bonaparte who says she is the Vice President but hides and collects their fees. It is a daisy chain of brokers conning people out of fees.

This report was posted on Ripoff Report on 09/17/2009 10:40 PM and is a permanent record located here: https://www.ripoffreport.com/reports/prospexx-barrett-capital-exchange-tom-mckenzie/port-colborne-ontario-l3k-6a7/prospexx-barrett-capital-exchange-tom-mckenzie-prospexx-barret-captial-exchange-tom-m-496744. 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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#2 Consumer Comment

Mack funds deals

AUTHOR: SAM - (United States of America)

POSTED: Saturday, September 22, 2012

Sometimes it is just time to speak up. Tom Mckenzie does and has funded numerous deals. He also goes by Mack. If you Google him you will see the Internet Rip Off Reports, but what you do not see is who is posting them. A customer of his that supposedly was ripped off.

Well, in my opinion if someone wants to make a statement they have that right, but they should not hide behind a curtain of the internet and spout rumors as they are fact and especially when it can economically harm someone. In addition, when Mack was asked he said he did not have a clue on who these people were, because they never left their names, their real names. All they ever did was leave a project  name that they were supposedly ripped off on. With this there are all ways two sides to a story.

Mack has funded numerous deals and at his website www.tmebf.com he posted a complete list. Then someone harassed all of those clients demanding to verify that Mack had funded them. This created a hailstorm of backlash and Mack has now chosen to retire, but he is still funding deals and will continue but at his choice and on his terms.  We are currently sourcing the individual and we will refer this action to our legal department for review of action.

In the world of wanting to get your project funded everyone wants a sure thing. Well the main reason deals do not get funded is because they are not good deals. There are many things that cause this, a poor plan, inexperience of the creator, a poor team, not asking for enough or too little money and most of all the back ground of the person creating the plan.

All investors check you out, do a back ground, run a D+B and most of all verify that your plan works or in fact is your plan. This is called diligence and it costs money and the average cost is in the $500.00 range, but if it is done in house the cost is lower.

The next time an investor approaches you on funding your project you do your diligence and do a back ground check, a D+B, a credit report and back ground on the investor. Do this instead of posting the investor on a website to see if anyone has dealings with them. Posting some on a website is counterproductive and is not doing your diligence. Because sooner or later the real scammers will start posting positive responses to your postings and then they really will scam you. In the world of business intelligence this is what is called counter intelligence. You counter the threat by being proactive instead of listening to rumors. Do your real due diligence and not creating a rumor mill.

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#1 Consumer Comment

No back up to complaint

AUTHOR: SAM - (United States of America)

POSTED: Saturday, September 15, 2012

As always they do not leave their name. Nor their company, nor do they say why they were not funded. They just complain instead of looking in the mirror. There is always two sides to the story.

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