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Report: #333947

Complaint Review: Cash Now - Ft. Lauderdale Florida

  • Submitted:
  • Updated:
  • Reported By: West Palm Beach Florida
  • Author Confirmed What's this?
  • Why?
  • Cash Now 110 East Broward Suite 1700 Ft. Lauderdale, Florida U.S.A.

Cash Now Enticed me into investing $50,000. Seemingly, ligitimate website, portfolio and ready to become a small caps stock. One year later, the 33,333 shares was worth $7.00. Now it is non existent. Can anyone help me in the right direction -Ft. Lauderdale Florida

*Consumer Comment: paper trail?

*Consumer Comment: paper trail?

*Consumer Comment: paper trail?

*Consumer Comment: paper trail?

*Consumer Comment: MONA is a penny stock, but appears to be going up

*Consumer Comment: Indeed

*Consumer Comment: Indeed

*Consumer Comment: Indeed

*Consumer Suggestion: I hate to be the bearer of bad news

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The management enticed me into investing $50,000. Seemingly, ligitimate website, portfolio and ready to become a small caps stock. One year later, the 33,333 shares was worth $7.00. Now it is non existent. I think it changed to EFGO and then to MONA. Can anyone help me in the right direction?

Real smooth operators. They had a website www.cashnow.com. It seemed ligitimate. John Ball sent me a beautifully made bounded booklet -International Prospectus Index. When it finally made it to the stock market, all of the original investors took out their money. We had to agree that we could not sell any stock for one year. By that time there was nothing to sell. It was worth $7.00 for 33,333 shares which originally cost $50,000.That is equivelant to about $0.0002 per share. Please advise. I have no idea what to do. I have all of my records and all of my email. There is quite a lot of information.

Dennis
West Palm Beach, Florida
U.S.A.

This report was posted on Ripoff Report on 05/21/2008 08:03 AM and is a permanent record located here: https://www.ripoffreport.com/reports/cash-now/ft-lauderdale-florida-33301/cash-now-enticed-me-into-investing-50000-seemingly-ligitimate-website-portfolio-and-r-333947. 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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REBUTTALS & REPLIES:
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#9 Consumer Comment

paper trail?

AUTHOR: Tmm33 - (U.S.A.)

POSTED: Sunday, May 25, 2008

If you put money into this company...you took money out of your bank or was it sent out from bank to him?

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#8 Consumer Comment

paper trail?

AUTHOR: Tmm33 - (U.S.A.)

POSTED: Sunday, May 25, 2008

If you put money into this company...you took money out of your bank or was it sent out from bank to him?

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#7 Consumer Comment

paper trail?

AUTHOR: Tmm33 - (U.S.A.)

POSTED: Sunday, May 25, 2008

If you put money into this company...you took money out of your bank or was it sent out from bank to him?

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#6 Consumer Comment

paper trail?

AUTHOR: Tmm33 - (U.S.A.)

POSTED: Sunday, May 25, 2008

If you put money into this company...you took money out of your bank or was it sent out from bank to him?

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#5 Consumer Comment

MONA is a penny stock, but appears to be going up

AUTHOR: Chex - (U.S.A.)

POSTED: Sunday, May 25, 2008

From what I can figure out, MONA is a penny stock, but it's slowly increasing in value. Might as well hang on to it...

found some info here

http://investorshub.advfn.com/boards/board.aspx?board_id=6529

At any rate, you do know that you bought a "Cash Now Investing" check-cashing franchise, right?

http://en.wikipedia.org/wiki/Franchising

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#4 Consumer Comment

Indeed

AUTHOR: Atlanta Guy - (U.S.A.)

POSTED: Wednesday, May 21, 2008

Now you have a lot of useless information. These crooks are long gone, and your money has paid for some very nice times on the beaches of a foreign country, where they'll never even be LOOKED FOR, let alone caught. Want to be pointed in the right direction ? Try South America.

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#3 Consumer Comment

Indeed

AUTHOR: Atlanta Guy - (U.S.A.)

POSTED: Wednesday, May 21, 2008

Now you have a lot of useless information. These crooks are long gone, and your money has paid for some very nice times on the beaches of a foreign country, where they'll never even be LOOKED FOR, let alone caught. Want to be pointed in the right direction ? Try South America.

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#2 Consumer Comment

Indeed

AUTHOR: Atlanta Guy - (U.S.A.)

POSTED: Wednesday, May 21, 2008

Now you have a lot of useless information. These crooks are long gone, and your money has paid for some very nice times on the beaches of a foreign country, where they'll never even be LOOKED FOR, let alone caught. Want to be pointed in the right direction ? Try South America.

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#1 Consumer Suggestion

I hate to be the bearer of bad news

AUTHOR: Lambmit - (U.S.A.)

POSTED: Wednesday, May 21, 2008

I don't think there is anything you can do. If the stock is only workth $7.00 as a whole, then that is all it is worth. I hate that you lost $50,000 but you can take a
lesson away from this. Never invest in anything that you do not know about or can research.

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