Usacomplaints.com » Internet & Web » Complaint / Review: Michael Papp - I-Net Group took $20k from IRA for a real estate investment 3 years ago via ebay, ripped off! Any recourse available? This is Internet Fraud, right?. #615534

Complaint / Review
Michael Papp
I-Net Group took $20k from IRA for a real estate investment 3 years ago via ebay, ripped off! Any recourse available? This is Internet Fraud, right?

In September I was encouraged to invest in real estate, and found Michael Papp on ebay. I called spoke to him, told him I wanted to use some of my IRA (90% of it!), he sent the documents, and was very cooperative with my IRA custodian. However, they sent a cashier check and asked for the completed agreement which he never sent to them. I did receive some status reports, but when I later tried to verify the property, I could not establish that he had even purchased it or that it was even in livable condition. He stopped answering the phone and his email address failed. I would like to pursue this in some way, but do not know how to proceed. Should I contact the police or District Attorney in Easton PA or is this for the Attorney General of that state or is it Federal? I did conact a lawyer in that area in October but he wanted a $2000 retainer to get started and I didn't have that (don't have it now either). He was going to start with a demand letter to Papp.


Offender: Michael Papp

Country: USA   State: Pennsylvania   City: Easton
Address: 1928 Ferry St, Easton PA 18042
Phone: 6102532588

Category: Internet & Web

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