I was approached by an entertainment promoter in January about investing in P Diddy's "Last Train to Dallas" pre-Super Bowl event. This was to be a premier event, hosted by P Diddy. The promotional media press release touted such comments as "P Diddy will host yet another legendary social soiree" and "Diddy is known for his legendary parties, and rest assured he will deliver yet another wall-to-wall packed, memorable, star studded event"
I was to invest $50,000.00, and my ROI was to be $30,000.00, paid that night from receipts. The contract spelled out that I would receive "first rites of all income", yet at the end of the night, I received $0.00 ZERO! Kevin Sesay, the CEO of Play Pen Entertainment, and promoter of the event, kept blaming the low turnout on the weather. There was no "act of God" clause in our contract, so I told him, the weather did not matter. He owed me the money.
I then found out he had a separate agreement with the bar owner, that he would be guaranteed $30,000.00, which Kevin Sesay paid in full.in states no where in our contract about anyone else getting paid before me, so he had me sign a fraudulent contract and then did not pay me.
Then, I found out several days later, after I flew back to Florida, that he did not even have insurance to cover his losses. I called him and texted him about how this situation was going to be resolved, and he just said he had no money...
This is completely UNACCEPTABLE!!! I do not have a lot of money, and even had to borrow several thousand dollars from my children to come up with the $50,000.00 investment. I was assured that this company had a great reputation, and the money would be secure. I even checked them out on line and saw nothing to cause me alarm. This man needs to pay me back immediately!
P diddy, you need to get your name off of anything this man does before your rep goes down with him!!!
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