Ryan Sumstad fooled all of us, he came up with an elaberate "syndication play" as he called it. Where he would promise us with Millions in funding money for all of our Gold mine & energy projects. He charged each of us very large engagements fees to do so Between $10k and I have heard upto $50k for a submitted project package. (who knows how many also) After we all payed his fee, he then moved over to having the asset signed over to him. I would not do that, thats when the red flag came up.
Their were many promisses, and fake funding dates, that were moved and moved. He would group webinars that were less then informative, for red flags. Until Ryan went MIA not returing phone calls. He screwed with our money, I do know now after speaking with others that were taken. Most of this money had been borrowed in thje first place and attached to assets that I personally had to do.
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