I recently became conservator of assets for my uncle, who has become susceptible to undo financial fraud. He is 75, has two kinds of cancer and thinks he is a big player when it comes to investments. He has lost the bulk of his savings over the last two years.
My uncle gave $45,000 to Madeline Jones, a representative of T-1 Business Centers. He was promised he would get a return of $111,000 within a few months. I listened in on a conference call in which other investors were told the payout would be coming soon. It never came.
I reported this woman to the local police department financial crimes unit. The address she gave was a drop box and her name was not associated with it. Since the company is in Florida and not in California where my uncle lives, there is nothing I can do. The detective told me that all the T-1 paperwork I sent to him looked like a complete fraud. This is a detective who only works on financial crimes. I concur.
If you are approached my Madeline Jones of Anaheim, CA for any investment, run as fast as you can. She may sound nice, but she is a crook.
On the conference call, I asked Dr. Glover what his degree was in and where he went to school. He wouldn't answer. This man is also a smooth-talking crook. Stay away from him too.
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