Consumer reviews and reports on scam companies, bad products and services
Millennium Exploration Company
Millennium Exploration Company Richard Monroy Millennium Exploration Company Rips Off Investors San Antonio, Texas
28th of Apr, 2011 by User142730
Millennium is not a profitable investment. I was contacted by telephone some time ago by Millennium. They told me that I could make money investing in their oil wells. I did invest in several of their wells, but have yet to break even on one. They misrepresented the potential daily production figures and overall yields. They told me I could receive checks every month for thousands. I have yet to receive any check for more than a couple hundred dollars in a month. This is after investing way more than $100,000 with them. I talked to my attorney and he did an investigation and determined that Millennium does not have suficient assets to even justify suing them. Basically, he says that they are judgment proof. So I am not suing them, but I would just like to put the word out to others so that they know the whole story.

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