Pam Batchelder & Frank Geivelis
This blog has been created to help aspiring entrepreneurs avoid the various venture capital scams that are defrauding them of their hard earned money. This is my story.
I was recently defrauded of almost $10,000 by this PM Connections of South Hadley, MA and Keene, NH. And Global Funding in Ft. Myers Florida owned by Frank as President and Pam as Vice President Pam Batchelder called me from my profile on MyCapital.com, told me she had a private investor willing to back my project. I made my first mistake by advancing funds and doing an Appraisail when she said she had an investor lined up (now I know to never pay ANY up front fees without consulting an attorney skilled in dealing with these transactions). She said she had an investor who would provide a $4 million line of credit.
The con went on from there. Everything appeared to going smoothly, a closing date was supposedly set, and as the date approached, everything started falling apart (probably because it was never going to close). Upon further investigation, it was obvious that there were never any real investors lined up and that this was a fraud.
If anyone is working with, thinking of working with, or has been defrauded by pam batchelder / pm connections please email [email protected]. [email protected] the fbi is looking for anyone else who has been involved in this scam.
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