Usacomplaints.com » Business & Finance » Complaint / Review: Alex Echeverry, Alexander Echeverry & Associates - Jerell Hill, SIK Management, Inc.investment Scam Fraud Rip-off San Diego and Redondo Beach also Dallas, Texas. #577574

Complaint / Review
Alex Echeverry, Alexander Echeverry & Associates
Jerell Hill, SIK Management, Inc.investment Scam Fraud Rip-off San Diego and Redondo Beach also Dallas, Texas

I was led into an investment scam by Alexander Echeverry via Seth Copeland. Mr. Copeland put me in contact with his "brother/investment banker" Mr. Alex Echeverry. They (Mr. Copeland and Mr. Echeverry) promised me a guaranteed 25% return every 3 months on my investment, due and payable to me every six months for a period not to exceed 24 months. I was told that the investment was secured on gold and oil investments and was guaranteed and 100% safe. Alex Echeverry issued a "Private Investment Agreement" contract to me from Stability Is Key Management, Inc.in association with his company Alexander Echeverry & Associates, UIA. The contract also lists Delta Holdings International, LLC as the "banking facilitator". The contract also contains a stipulation that I can choose to conclude the contract at any time prior to the completion of the contract and withdraw all associated funds. I began asking for my money back over a year ago now and have received nothing. When I first started my requests (and later demands) for my money I was told that my money was in an investment account with Dr. Satu Amouzou and that he (Mr. Echeverry) was working with him to get my payment to me. Mr. Echeverry also gave me Dr. Satu's contact information so that I could also contact him in an attempt to expedite my payment. During the Spring and early Summer of I made numerous calls to Dr. Satu asking him for my money, in addition to my multitude of calls to Mr. Echeverry. I was told by Dr. Satu that there was this delay and that delay but that he was working on it and I would have my money "soon." It has been a year since then and... No money. Still trying to get the funds from them and on the rare occassion that I get a response, the response is "I'll get back to you soon." I have lost everything I owned because of this, believing in the promises made and having the "security" of a contract. Obviously that contract isn't worth the paper it was printed on. Please beware. Don't let these people ruin your life like they have mine. I only wish I knew about this site before now so that I could have warned people earlier to not get caught in their trap. And I can only hope that I was the only one ignorant enough to fall for it.



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