Ripoff Report Needs Your Help!
X  |  CLOSE
Report: #1468649

Complaint Review: Mike Lapenna -

  • Submitted:
  • Updated:
  • Reported By: Chris Chambers — Monroe Louisiana United States
  • Author Confirmed What's this?
  • Why?
  • Mike Lapenna United States

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
content.
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..

His latest scam is to take my money promising to triple it shortly and enter me into a private placement trading platform. When it becomes clear this isn't going to happen, he starts in with every excuse imaginable. High dollar poker games that were supposed to take place but never did, loans he was expecting to receive but never got and investments that were due to pay out but never happened. Then he became belligerent with me because I asked him about it and requested my money back. He now has stopped answering his phone and email.

I have requested a refund through PayPal and have contacted an investigator with the Federal Trade Commission. It's my hope that he will be stopped by whatever means necessary to prevent him from continuing to fleece innocent people of their hard earned money. He is a crook and belongs behind bars which is where I hope he's headed. Beware of him! He is an old-school con man.

This report was posted on Ripoff Report on 12/02/2018 12:26 PM and is a permanent record located here: https://www.ripoffreport.com/reports/mike-lapenna/mike-lapenna-new-world-brokerage-he-took-my-money-and-i-received-nothing-he-promised-for-i-1468649. 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?

Updates & Rebuttals

REBUTTALS & REPLIES:
1Author
0Consumer
1Employee/Owner

#2 Author of original report

Business as usual for Mike Lapenna. All in a days work!

AUTHOR: Chris - (United States)

POSTED: Tuesday, December 04, 2018

In his rebuttal, Mike Lapenna proves my point for me with his excuses, delays and passing of the buck. I've included his original solicitation which has also been shared with the Federal Trade Commission. Make no mistake about it, there will be no remuneration in early January as he mentioned.   AN OFFER YOU CAN'T REFUSE....!!             newworldbrokerage@gmail.com 
Aug 21, 2018, 12:55 PM             Good day,   

I have been working on an incredible program for quite some time that will empower the few fortunate candidates who get it and take full control of the reins.   It is simple,completely managed for you, extremely lucrative and will start in a few weeks as my people are putting on the finishing touches to the program. I will need to raise a minimum of $25,000 to piggyback this program and I also am raising monies NOW for another project so here is my offer:   1) For every $1,000 any individual can submit to participate NOW       I will return 300% ($3,000) IE. $2,000 WOULD RETURN $6,000. (Turnaround time will be short; 3-4 weeks at the outside) I will accept as much as  $5,000 to $10,000 from one individual with the EXACT same rate of return provided.   2) ONLY those same individuals who are prepared to participate NOW will receive by "SPECIAL INVITATION  ONLY" the details of the program and an invitation to such event. This will be a truly life changing event   which will commence very soon!!  IT WILL START WITHIN 30 DAYS OF THE PAYOUT!   3) I will do one better and besides pay you $3000 per $1000; I will also deposit $5000 into this high return  program when it commences on your behalf as well!! ALL yours to keep including the dividends it yields. Anybody who participates with $5,000 or MORE will receive the same payout scale but instead will  receive $10,000 to start their high return program!!   The monies you will receive back will be sufficient to take advantage of this program's built-in features but you will have the option of adding more at the start and in all future programs of similar nature.The leverage  we will produce together to move up will be astounding and I have a few of these at our disposal at every conceivable level. ALL thoroughly vetted.   I am only looking to take on 10 VERY FORTUNATE INDIVIDUALS  MAXIMUM. 7 HAVE STEPPED UP LEAVING 3 POSITIONS OPEN AND THAT IS IT.   PLEASE SERIOUS INQUIRIES ONLY.   I RESPECTFULLY DO NOT WISH TO WASTE MY TIME NOR YOURS.   Call me at (716) 304-6733 or email me via return.   Thank you,   Mike  

Respond to this report!
What's this?

#1 REBUTTAL Individual responds

Rebuttal to Report filed against me by Chris Chambers of Louisiana

AUTHOR: MIKE - (United States)

POSTED: Tuesday, December 04, 2018

I simply want to clarify a point or two. Yes, I did procure $1000 USD from Mr. Chambers with a promissary of a $3,000 return. However some of his comments are erroneous. It was for marketing costs and the monies to be returned to Mr. Chambers were to originate from an investment that has been delayed.

Mr. Chambers is a good man undergoing much duress these days as he has been taking care of his infirm father for quite some time now and I sympathize with him. I understand his anger though I feel it is misdirected for the reasons he cites in his complaint. I have a colleague whose son is a professional poker player down in Las Vegas and simply sought to reimburse Mr. Chambers via that return-once my original plan got pushed back-when again an unfortunate circumstance postponed that event until late December/1st week of January. My reason offered to him has been consistent and never vacillated.

In as far as my not taking very recent calls nor emails that is true but only because they were laced with profanity and threats. It was Mr. Chambers who, in fact, turned belligerent. The bottom line is that it is and has always been my utmost sincere goal to remunerate Chris as promised. It will happen by early January and I will be back in here with a copy of proof of payment at that time. If I can put closure to this situation sooner I absolutely will. 

Sincerely,

 

 

Respond to this report!
What's this?
Featured Reports

Advertisers above have met our
strict standards for business conduct.

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

WATCH News
Segment Now