Usacomplaints.com » Business & Finance » Complaint / Review: MEGS Associates - Michael E. Gates - Invested $25,000 for 10% of company. Promised 6 month ROI. Never happened. #363626

Complaint / Review
MEGS Associates - Michael E. Gates
Invested $25,000 for 10% of company. Promised 6 month ROI. Never happened

In April I invested $25,000 into MEGS Associates for a 10% share of the company. Michael Gates indicated that the company was doing well and just needed an extra boost to start making significant profits. He promised a return on my investment within 6 months.

I learned several weeks later that Michael Gates lied to me about the company's financial standing. It was barely above water. He promptly mismanaged the entire $25,000 in one month's time.

Do not invest your money with this person. He will lose it and you will be $25,000 poorer.


Offender: MEGS Associates - Michael E. Gates

Country: USA   State: Texas   City: Spring
Address: 3703 Spring Stuebner Suite E
Phone: 2817953939

Category: Business & Finance

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