Beau Welch, Melanie Welch & Shannon Lehmann utilizing the company name of Phoenix Alliance and operating from Ladera Ranch, CA. Were operating a scam to steal money from companies seeking investment.
Through a series of false documents Beau claimed to be able to link investors with companies requiring investment funds.
Our case is only 1 of over 28 complaints...
The 2 principals in this scam were Beau Welch and Shannon Lehmann but the company was in Melanie Welch's name and she was aware of all..
In our particular case... We served notice to Beau to discontinue all funding projects that were currently in place and those under consideration with Phoenix Alliance.
This decision was based wholly on the fact of non-performance on the part of Phoenix-Alliance. Per Beau's notifications of acceptance for funding of the two (2) main projects:
(a) Corporate funding of $3,000, 000 May 05
(b) Merchandise funding of $5,200, 000 May 13
Per those letters of commitment we returned the documents signed and notarized to Beau's attention within 24 hours (via FedEx) and included corresponding checks in the following amounts for the required to cover "documentation fees and a credit processing fee"
(a) Corporate funding = $ 3,500
(Check # 2037 Written May 05 Cleared May 10)
(b) Merchandise Funding = $ 5,700
(Check # 2040 Written May 14 Cleared May 19)
$ 9,200 Total amount of funds paid to Phoenix Alliance
Through continued telephone conversations, and email exchanges, on July 27 a letter was sent to Beau's attention requesting the return of all funds that had been sent for the projects... At that time Beau assured us that those funds would be returned to us within five (5) days as of that date we have not yet received those funds, or any part thereof.
Subsequently, Beau brought stop gap funding sources to our company in the form of two (2) equipment leases which Beau assured us would be funding in the amounts of $125,000 each and would be funded within two (2) business days. Those leases were signed and returned to your attention via Federal Express shipment on September 01.
We have not received any funding based on those agreements. We received official written notice from Beau, dated September 08, concerning the $3,000, 000 Line of Credit Funding for which stated:
This letter is to inform you of your loan / approval funding. There is one remaining item to address prior to funding as outlined in your loan documents. We fully expect to have this item addressed within the next two (2) business days.
Funding approval has been secured within the terms and conditions outlined. We do not anticipate any further delays once this item has been resolved. Please contact me should you have any questions.
Best Regards,
(Signature In Place)
Beau Welch
Business Development
And additionally, the following email was received from Beau on September 27:
Sent: Monday, September 27 11:06 AM
Subject: RE: Good Morning
I will get us on the phone with the lender. Friday after 12p I went to Ellipsis (another cover company for Beau) for what should have been just an hour or two meeting and I did not get out of ther until 7pm.
Our deal IS done. I need to get you paid. Hang in just a bit longer and you will have your funding.
Beau
We repeatedly requested updates, contact information concerning the lender and any other pertinent information relating to the closure of this funding.in support of these requests we have arranged conversations between Beau, our investment banker, our attorney and ourselves wherein Beau stated that he would respond within twenty-four (24) hours (or less) with the contact information and would provide that information directly to all parties.
We have not received any information from you related to this contact information.
While, there were gaps of communication involved with Beau having personal and / or business commitments, our company, had been in contact with Beau on a regular basis via email, E-Fax, IM (Instant Message) and has diligently requested updates and closure on these programs; Our Investment Banker placed numerous telephone calls, sent emails and E fax notices to Beau and informed us that you have not responded to any of those on a regular basis and indeed over the past few weeks neither Beau, nor his associate Shannon Lehmann have responded to any of his requests for information; Our attorney forwarded Beau an email on September 15 wherein she requested an update. As of this date we have not responded to her email.
As all concerned parties repeatedly mentioned to Beau in our telephone, email and E-Fax communications, closure of this programs and the receipt of this funding was absolutely critical to the consummation of a pending transaction which is of high significance to the Company, and failure to consummate this transaction as a result of any further delay in the prompt receipt by the Company of the approved funding will cause actual and consequential damage to the Company which we expect will be material.in fact that happened and directly due to the delays in our receiving this funding the Company lost the ability to complete and execute several large business transactions.
Between May 13 and October 20 there had been an exchange of 267 emails between our offices and Shannon Lehmann or Beau concerning the completion of these projects. Between September 7 and September 29 there was also the exchange of 396 IMs (Instant Messages) between our offices and Beau's Yahoo Messenger account. The theme prevalent throughout all of these written messages and the numerous daily telephone calls and telephone messages left for Beau at his Phoenix-Alliance office, cellular telephone (s) (he changed numbers and service during this time frame), Shannon Lehmann's cellular telephone and Beau's temporary office at Ellipsis was for the timetable for completion of these projects and finality to the funding as assured through his emails, telephone conversations and Instant Messages.in addition to the information above pertaining to our offices direct contact with you, our Investment Banker forwarded and received an additional 84 emails and countless telephone messages to, and from, Shannon Lehmann and Beau to all of your telephone numbers concerning your commitment to completion of these projects. As well as, the emails and telephone calls from our attorney.
Beau Welch moved from California to Florida (where he began to rip off victims of the hurricans).. And subsequently moved to the Alabama / Mississippi area to follow the hurricane victims into the Gulf Coast.
This incident has been reported to the FBI, Orange County California Major Fraud Unit, Orange County Florida Sheriffs Office, ICE and others... And Beau keeps moving with his wife (Melanie) and daughter to stay ahead of the law and away from those he has stolen from.
He has family in the Memphis, Tennessee area and at last report drove a Chevrolet Suburban or Tahoe...
Please be sure to read the other rip off articles about Beau Welch.
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