Dreamsports - Newbridge Capital
Universal Pacific - HQ Global - Peter White - Mikel Fowler - Venture capital Ripoff scam charges up front due diligence fees never delivers funds despite following exact protocol

We fell victim - these guys, Peter White and Mike Fowler, are crooks. They must be STOPPED! Why haven't the authorities acted? Well we're about to change their luck!

We did everything they requested including meet in Atlanta, send business plans, pay for due diligence, checked their references (in turns out they are all accomplices), completed 40 question due diligence sheets, filled out Bahamian bank account applications, invited (and paid for) Mike Fowler and Peter White to our site, went to the Bahamas to obtain offshore accounts, met with their Bahamian law firm and created an offshore company, paid additional due diligence funds ($50,000 total) and after being initially rejected obtained two bank accounts.

All of this occured over a 10 month period, with over 100 emails, over 75 phone calls, signed and notarized contracts, plenty of written correspondence, 4 face-to-face meetings and of course $50,000 later.

And it wasn't just blind faith - we checked their references and we did some research. About half way through our experience we brought up all these reports and negative publicity (including having never played for the Denver Broncos). By then it was probably too late, we had already committed some funds and more importantly, our energies. If they had the funds great (they must fund some people or surely people so brazen would already be in jail) or we'll have enough evidence that we'll put them away for good!

These guys never blinked and eye - we had them sweating a bit, made life uncomfortable, and they pledged over and over again that they will fund.

How can these guys go to this length, spend so much time, at such great risk for so little funds? One of our partners was a prosecutor in a former business life and he could not (and still cannot) believe these guys are willing to risk serious jail time and fines - these guys can't be this careless and arrogant to not have funded some people.

They are fearless and obviously desperate and by some weird standards set by scam artists, successful.

They could not believe we secured not only 1 Bahamian bank account but 2 (a minor miracle that is a story unto itself). They were literally in disbelief and immediately went into hiding.

We are prepared to seek restitution and put these jerks in jail. Strength in numbers will accelerate this goal. Authorities must be forced to act - these people must return money that was stolen and their scam ended permanently - their actions cannot be tolerated.

Company: Dreamsports - Newbridge Capital
Country: USA
State: Georgia
City: Atlanta
Address: 400 Perimeter Center, Teraces NE Suite 900 And The Pinnacle Building 3455 Peachtree Road N. E. Suite 500
Phone: 7709062626

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