Anderson Drake
James Young Anderson Drake Rip Off

Two years ago, I bought 1/8 of an share of drilling fund 8. It cost me 15 K plus 900 for each compleation. Total cost to me is about 20K. Opps... I was promised 700 to 900 dollars per month residual income. I got two checks for less than 25 dollars... Yippee... I got a tax write off... I did get six hundred dollars back since one of the wells never got drillled. That was the best thing that ever happened. They keep calling me for the completion of another well. They want another $900. The callers can have the opportunity to earn the money on the well. It is a ponsey scheme. I confronted one of the caller saying it was a ponsey and they said that they are not part of that yet some of their colleges have been convicted. Huh... A little fishy... My wife wantst to kill me for how dumb I was to invest in this company. Stay away... Unless you want to finance my dumb decision. One of the callers even told me that the loss of money was due to pipeline infastructure being in adiquate... So he was telling me I was being screwed because of mis management at oil prices of $150 plus. Now oil is sixty something... What a crock... Stay away... Made one mistake in my life... Now my wife is second guessing my judgement... Guess the money is one thing but being taking advantage of is priceless... Shoot... 20K is reversable but trust if forever... Anderson Drake is worthless. The first salesman I talked to is long gone after a month after investing... Should have been a red light. Hope no one else falls victim to this ponsee scheme. Thought I was smarter than this. Guess I got greedy and thought money really flowed to the investors... It don't. It flows the the salesman on commision. If someone calls you with an offer that is too good to be true... Why do the salespeople not calll their banker and friends and invest the money themselves? Why would anyone share if it was that good. Buyer be ware.

Company: Anderson Drake
Country: USA
State: Minnesota
City: Alexandria

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