Report: #1426506

Complaint Review: 5 Star Bait (Elizabeth Rae Becker and Paul M. Baker

  • Submitted: Wed, January 31, 2018
  • Updated: Wed, January 31, 2018
  • Reported By: Gene — Pearcy Arkansas United States
  • 5 Star Bait (Elizabeth Rae Becker and Paul M. Baker
    5434 Douglas St.
    Milton, Florida
    United States

5 Star Bait (Elizabeth Rae Becker and Paul M. Baker Elizabeth Rae Becker (My Daughter) Paul M. Baker. New Age Installs LLC Elite Armor INC 5 Star bait LLC Baker Boatworks LLC None payment on a Promissory Note in the amount of $25,000.00 Dollars Milton Florida

*Author of original report: Loan Paid

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    Elizabeth Rae Becker is my Daughter and her soon to be Husband Paul M. Baker talked my wife and I into loaning them money to start a business for an Oyster farm. My wife and I talked about and loaned them the start-up money. We loaned them $25,000.00 Dollars with the promise of repayment through a Promissory Note. The Promissory Note was notarized by Layne P. Dillard FF 955469.

    Paul told us that he was a man of his word and that the money would be repaid in 1 year. If not 12%, would be carged to them for the $25,000.00. We understand about failures when it comes to business, However you don't borrow money without the intentions in not paying it back. When a person starts up a business it is not to screw family out of thier money.

    The business should be about repair, paying the backers of the LLC. Shutting down the business so you don't have to pay your backers. Starting up a business in which you have no training in to begin with, or going from one thing to another. Just to keep family you owe money to from finding your true intentions. Telling the public that you know how to do something is what you did. You are advertising and don't know what you are even talking about. All the talk in the world and nothing to back it up with is BS, from a pro-rip off Man and his Wife.

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#1 Author of original report

Loan Paid

AUTHOR: Eugene - (United States)

The money owed has been repaid.


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