My own brother ripped me off. Tahoe Resource Group. 9 months ago, I sent Jack Schwartz $6,250 in a capital contribution from my Ira funds towards his venture group Tahoe Resource Group and was promised a handsome return. My friend also sent him a capital contribution in the amount of $5,000.00 from her IRA funds. Neither of us has ever received a statement of earnings or an IRS form stating where this money went. The website states: Tahoe Resource Group (TRG) is a Private Equity Firm that deals in two of the earth's most valuable resources: Gold and Petroleum Products.in the Petroleum Trading Sector TRG creates sales of Jet Fuel, Gasoline and Diesel between Refineries and Distributors to end users such as Airlines and Utilities, as well as well-funded resellers. TRG's role in engaging Sellers and Buyers in both long-term contracts as well as spot purchases of petroleum products results in lucrative commissions that offer extremely high return on investment.
I have been asking my brother to cash me out since January and so has my friend.
He refuses to send our money back or be accountable in explaining where the money is. He is a lawyer in Reno, Nevada. The actions on his part constitute some very serious offenses. My understanding is that he has done this same sting operation on other parties over the years. He has a bogus company online, is a total scammer and steals people's money. It saddens me to have to write about my own brother in this format. I do not know what else to do in order to recover my money as well as my friends money.
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