Ripoff Report Needs Your Help!
Report: #317299

Complaint Review: EmpowerCapital &GLONGOO - Carlsbad California

  • Submitted:
  • Updated:
  • Reported By: Sebring Florida
  • Author Confirmed What's this?
  • Why?
  • EmpowerCapital &GLONGOO 7040 Avenida Encinas #104 Carlsbad, California U.S.A.
  • Phone: 760-494-0386
  • Web:
  • Category: Loans

Dr. Seymour Kern Or Sam King Here is what the website says: "We provide you with access to the Six Essential Missing Links: Credit, Capital and Cash Flow London, England California

Show customers why they should trust your business over your competitors...

Is this
Report about YOU
listed on other sites?
Those sites steal
Ripoff Report's
We can get those
removed for you!
Find out more here.
How to fix
Ripoff Report
If your business is
willing to make a
commitment to
customer satisfaction
Click here now..

The following is copied and pasted from the web site

"Although, there are No Fees to being a member in Empower Capital, Inc., Everyone, however, must come to the table with some small $ change commonly known as Cash Collateral in an effort to Control Much Larger Sums of Capital re Real Estate and Business Acquisitions.

This could be anywhere from 40 times to 100s of times more than your initial input of small change.

The following credit limits are initiated by wire in advance of cash collateral deposits as follows:

2.5% ($25,000) per $1,000,000 spending Limit or part thereof
1.0% ($100,000) per $10,000,000 spending Limits or part thereof
0.5% ($500,000) per $100,000,000 spending Limits or part thereof
0.5% ($5,000,000) per $ Billion spending Limits or part thereof.

The total Cash Collateral held by the Association is still 2.5% across the board of the entire project regardless of the contract price realized by the time the entire transaction is completed and collected at each phase of funding.

All Cash Collateral is totally backed by prime property that is owned by the group of by properties in the process of being acquired for collateral purposes."

This is a CROCK OF SH.... I wired $25,000 to his B of A account based on his
guarantee that I would receive the $1,000,000 spending limit! That was back in June 2006 and guess what to date 3/12/08 I have yet to receive the Spending limit or my money back.
If you come across a Dr. Seymour Kern or Sam King run as all he will do is take promise you the moon and take your money and NEVER PRODUCE!!

I see Sam has done over his other website because it also claimed the same thing that does see my letter to Sam on Feb. 3, 2008

Sent: Sunday, February 3, 2008 2:30:52 PM (GMT-0500) America/New_York
Subject: 72 hours notification

Hi Sam

I just copied and pasted the pitch from the web site! Your site says I have been "pre-approved for up to $10,000,000
low interest funding for business and real estate use." The site goes on to say "You would need to provide matching funds of:"
2.5% ($25,000) for $1,000,000 .... "This offer is good for 72 hours. Please advise.

On June 14, 2006 I wired $25,000 to your Bank America Account in NY. I am now asking for my $1,000,000 funding!!
This is less than your 72 hours that is stated ! You already have my money!!


Here is what the site said:

Your Free Trial Demo of the
Send email to info@GLONGOO.COM
and ask for it to be sent to you.
If Google Says Google It
(ie Search for It)
(ie Put It Together)
It's Works Like Magic!
Proudly Powered by:
The Coming Together
You Have A Match!


GLONGOO LIMITED resources have pre-approved
you for up to $10,000,000 low interest funding for
business and real estate use.

You would need to provide matching funds of:

2.5% ($25,000) for $1,000,000

1% or ($100,000) for $10,000,000

It is possible to fund much higher amounts upon request.

This offer is good for 72 hours.

Please advise.

For Specific Instructions contact us at

This whole thing is nothing but a Scam! He cannot provide you the Capital that he says he can. This guy is a THIEF, CON, FRAUDSTER, EXTORITIONIST AND A LOW LIFE OF THE WORST KIND!

Sebring, Florida

CLICK here to see why Rip-off Report, as a matter of policy, deleted either a phone number, link or e-mail address from this Report.

This report was posted on Ripoff Report on 03/12/2008 01:07 PM and is a permanent record located here: 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

Search for additional reports

If you would like to see more Rip-off Reports on this company/individual, search here:

Report & Rebuttal
Respond to this report!
What's this?
Also a victim?
What's this?
Repair Your Reputation!
What's this?
Featured Reports

Advertisers above have met our
strict standards for business conduct.

What do hackers,
questionable attorneys and
fake court orders have in common?
...Dishonest Reputation Management Investigates Reputation Repair
Free speech rights compromised

Segment Now