Invested $8,000 of my wife's retirement money, at the suggestion of Mr. Beck, to purchase an "aged shelf corporation" through a company called Wallace Financial Services in North Canton Ohio. This two year old company was to provide access to capital needed to fund my real estate investing business. Outside of the money spent for the corporation, I was directed to register my company with Dunn and Bradstreet for $500 and begin the process of submitting trade references with the goal being an 80 paydex score. I also spent an additional $250 to register my company in the state of Pennsylvania as a consulting firm. I was able to work with D&B to generate the 80 paydex for my corporation and held that for two weeks through which I was given the runaround by Mr. Beck and was told to continue to add references to my profile to beef up my score. Mind you, I was using personal business references due to the company being a shell with no business activity in the two years of existence. After two weeks, my account was assigned high risk by D&B sighting the fact that it shared an address with another high risk company, which happened to be the company from which my corporation was purchased, CHQ Inc out of Las Vegas Nevada. Needless to say, funding was never received and moneies that were promised by Mr. Beck in the event that funding did not occur were never received despite multiple promises to the contrary. I have access to records of all communication to prove the stated facts. It will be two years January 31st, that Mr. Beck and Mr. James Wallace stole money from my wife's retirement account. I hope that no other individuals are sucked in by the promises that these guys make. Don't spend your money or waste your time with the frustration of un answered calls texts and emails. They will take your money and disappear and string you out with more false hope when they do communicate.
0 comments