The following is copied and pasted from the web site www.empowercapital.com
"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 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 www.glongoo.com because it also claimed the same thing that www.empowercapital.com does see my letter to Sam on Feb. 3
To: [email protected]
Sent: Sunday, February 3 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 Glongoo.com! 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 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!
Xxxx
Here is what the site said:
Your Free Trial Demo of the
GLONGOO-GENIE HAS ARRIVED:
CHECK IT OUT!
Send email to [email protected]
and ask for it to be sent to you.
If Google Says Google It
(ie Search for It)
GLONGOOTM Says GLONGOO. ITTM
(ie Put It Together)
It's Works Like Magic!
=
Proudly Powered by:
=
[]
=
GLONGOO TM
The Coming Together
=
You Have A Match!
Dear glongoo associate:
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.
Sincerely,
Sam
GLONGOO LIMITED
For Specific Instructions contact us at
[email protected]
760-494-0386
760-454-2489
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!
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