Consumer reviews and reports on scam companies, bad products and services
Amstar Investments
Amstar Investments LLC
6th of Jun, 2011 by User948708
Long story short: Al promised and issued contracts signed by both parties to invest our money into real estate that would be flipped for profit and we could realize a 50% return on our investment in roughly 6mos time. The final contract we had was due in Oct '07, check was issued by Amstar Investments and was promptly dishonored by Amstar's bank. For the next 2yrs. numerous emails and excuses we realized we were duped and we hired a lawyer. Suit was filed in 9th Judicial Court in Orange county Florida. Al and his wife Mayra were subpoened. I received the last email from him dated Aug '09 asking for more time because "we are so close" and "We need more time without any more negative suits on me." Al and Mayra never appeared in court or made any attempt to address the lawsuit. Judgement was given to us. Al is still to this day running this game and screwing people's lives. Last I heard he has an office in Apopka, FL, not in his name of course but he is running it none the less. I know of 19 people that he has received money from totaling under $3 million, some people have lost their homes. Don't be greedy, if u meet Al turn and run very very fast
Comments
4528 days ago by Scammedbyacrook
Not sure if this is the same guy, but I have been duped in exactly the same way. This guy goes under the name of rewholesaleking in Lees Summit, Kansas City, Mo. Almost excatly the same as above but this guys name is John Patchin. He claims to pay 17% over 3 months and then says he couldnt sell the property and needs more time. I asked for the rent in the meantime and was emailed a bogus deposit slip from the bank. No contact since. As an overseas investor, it is hard to catch this guy.

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