Usacomplaints.com » Miscellaneous » Complaint / Review: Fred Campbell - USAsset Corporation - Fraud, to defraud. #413032

Complaint / Review
Fred Campbell - USAsset Corporation
Fraud, to defraud

In October Fred Campbell (USAsset Corporation) mislead me into believing that he was going to do a buy/sell transaction which would allow him to buy MTN's "Medium Term Notes" below market value then turn around the same day and sell them @ a profit! He told me that I had to put money in an escrow (Austin Escrow and Title, LLC) account and that the transaction would happen within an hour or two!

For 3 to 4 days leading up to my funds being placed into the escrow (Austin Escrow and Title, LLC) account, Fred Campbell (USAsset Corporation) informed me that if I needed to talk to him just give him a call and ask that I not call his Lawyer (Murray S. Wilkening) or the escrow (Austin Escrow and Title, LLC) account!

Before I placed funds into the escrow account I confirmed that the funds would not be removed! Fred Campbell (USAsset Corporation) agreed! But once Funds went into the escrow (Austin Escrow and Title, LLC) account, the escrow closed and Fred Campbell (USAsset Corporation) started his, I did my part speech!

I had a conversation with Fred Campbell (USAsset Corporation) regarding what happen and Fred Campbell (USAsset Corporation) stated that the MTN's had no value! I then had a conversation with John Campbell, John Campbell was the seller of the MTN's! John Campbell stated that the MTN's did have value and he provided Fred Campbell (USAsset Corporation) with a 30 plus page lay out, outlining the details regarding the MTN's!

I then confirmed with Fred Campbell (USAsset Corporation) having these documents that John Campbell stated he sent Fred and Fred said, yeah, I have them, but... And so that I don't misquote Fred Campbell (USAsset Corporation), He confirmed having the documents and stated that the MTN's Had no value! He stated that the MTN's was only worth 30-cents on the dollar, not the 80-cents on the dollar John Campbell stated! Sent by John Campbell! No relations!

QUESTION, This being directed to Fred Campbell, If you already knew the MTN's had no value back in October why did you take my money out of the escrow account when you knew you weren't going to buy the MTN's in the first place? Please explain that to me!

On November like a "jackass", I tried to right the wrong with Fred Campbell (USAsset Corporation) and approached him with another transaction! Fred Campbell (USAsset Corporation) claimed he wanted to do the transaction but I had to sign another MoU! I then told Fred Campbell (USAsset Corporation) that he had to fill out other documents that did not relate to MoU he provided! He agreed!

After a month, he provided me with another MoU! This one had a few more details regarding the type of transaction I approached Fred Campbell (USAsset Corporation) with! Still I had to return these MoU! At the same time Fred Campbell (USAsset Corporation) lead me to believe that his group was filling out these other documents that was needed! Fred Campbell (USAsset Corporation) still pressed me for the MoU and even gave me a Pay sheet to speed things alone!

I provided Fred Campbell (USAsset Corporation) with the MoU but to my belief, much like before, these weren't final documents! They were still in Microsoft Word format, which by industry standard is not final documents due to them being able to be altered! As soon as Fred Campbell (USAsset Corporation) got the MoU back, he started saying to me that the other documents I provided him do not comply with the MoU!

Question, Didn't you know that before you sent the MoU and you had the other documents in your possession?

His last words to me was he's out of it!
Well, we'll have to just wait and see about that!

If anyone was a victim of this group please contact me @

Toney
Albrightsville, Pennsylvania
U.S.A.


Offender: Fred Campbell - USAsset Corporation

Country: USA   State: Nevada   City: Carson City
Address: 1802 North Carson Street, Suite 108-2179
Phone: 7029440375

Category: Miscellaneous

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