Conned by a fellow Covers' member!

Do it - he won't stop with you.

Been there.

I appreciate your thoughts. Let's face it. This guy should never be allowed to be a certified financial planner again so in the least, i will file a complaint on his license so it's on the record if he ever tires to renew it again.

I agree...he clearly will do it to someone else.

Its a shitty situation. You will waste money and time like DSN said if you go the legal route which probably wont work anyway. Then if you find the box and bash his head you you will lose more money on bond and probably end up going to jail and needing a lawyer. Just hope the prick gets hit by a bus. Keep us posted im hopeing the bus thing happens first.

Maybe I'm not clear-

the complaint will cost me nothing but postage so if he doesn't do the right thing, I feel obligated to do it because he shouldn't be allowed to be a certified financial planner ever again.....to sue on the note, would cost me about $300.

This kind of shit pisses me the fuck off.

Nothing worse then a stiff,,especially one you were good to. People have no shame.

he sent emails stating his name, address and promising to pay the whole amount by certain dates...in April, he sent an actual signed promissory note and copy of his drivers' license stating he would pay $3000 by certain dates in April.

Thanks and I agree...he actually had the nerve to ask me for another $100 last week telling me he needed to take it to help finalize something he is working on and would be able to get me $3000 of what he owes me in a few more days....

Here is his email in January:



I, xxxxxxxxx, born July 1, 1968 and living at xxxxxxxxx xxxxxxxxx, hereby acknowledge that xxxxxxxxxx has previously loaned and advanced me $--,--- plus an additional $___ he is loaning me today and I promise to pay him back all outstanding amounts by no later than Thursday, January 20, 2011 in full. If I do not make such payment on January 20, 2011, I hereby agree that I shall pay liquidated damages to him of $75 per day in addition to all outstanding amounts.

Sincerely,
xxxxxxxxxxxxxx

Nope...caucasian

Well we thought he was atleast

Mighty white of him

Sorry i couldnt help myself

Don't know American law, but just file it so it becomes official.

Here is the exact language of the Note he signed:

 I, XXXXXXXXX (“Maker”), born July 1, 1968 and residing at XXXXXXXXXXXX hereby acknowledge that MR. XXXXXXXXXXX

(hereinafter referred to as “Payee”) has previously loaned and advanced me $2,900 on December 15, 2010 which I hereby acknowledge and affirm as received and further acknowledge that Payee is loaning me an additional $100 today. I hereby promise to pay the Payee the sum of $3,000  (the “Loaned Amount”) in lawful money of the United States of America plus interest which shall accrue at the rate of 15% per annum from the date made and shall be due and paid as follows:

April 16th 2011-$1000

April 23rd 2011-$1000

April 30th 2011-$1000

If any of the amounts set forth above are not paid when due, the interest shall increase to a default rate of interest equal to 25% per annum and acknowledge that I will be in default and Payee shall have the right to demand and collect the Loaned Amount in full as if all of it was currently due.

This Note may not be modified, amended, waived, extended, changed, discharged or terminated orally or by any act or failure to act on the part of the Maker or hereunder, but only by an agreement in writing signed by the party whom enforcement of any such modification, amendment, waiver, extension, charge, discharge or termination is sought.

No extension of time for payment of this Note or any installment hereof, and no alteration, amendment or waiver of any provision of this Note made by agreement between Payee and any other person or party shall release, modify, amend, waive, extend, change, discharge, terminate or affect the liability of Maker.

Any notice, demand or request (“Notice”) given or made hereunder to any party shall be in writing and either (a) sent by certified mail, return receipt requested, postage prepaid, or (b) delivered in person or by overnight courier, with receipt acknowledged, to the address given herein, or to such other address for such party as such party shall hereinafter designate by Notice given to the other party (parties) pursuant to this provision. Each Notice mailed shall be deemed given on the second business day following the date of mailing the same and each Notice delivered in person or by overnight courier shall be deemed given when delivered in person or by overnight courier or when delivery is refused.

This Note shall be governed and construed in accordance with the laws of the State of New Jersey and the applicable laws of the United States of America.

MAKER HEREBY WAIVES ANY RIGHT TO TRIAL BY JURY IN ANY ACTION OR PROCEEDING GROWING OUT OF ANY CONTROVERSY WITH RESPECT TO, IN CONNECTION WITH OR ARISING OUT OF THIS NOTE. IN ADDITION, MAKER WAIVES THE RIGHT TO INTERPOSE ANY DEFENSE BASED UPON THE STATUTE OF LIMITATIONS OR ANY CLAIM OF LACHES AND ANY SET-OFF OR COUNTERCLAIM OF ANY NATURE OR DESCRIPTION. MAKER ACKNOWLEDGES THAT THE FOREGOING WAIVERS ARE INFORMED AND FREELY MADE.

I hereby acknowledge that I am attaching a copy of my New Jersey State Driver’s License to this Note which I am faxing to Payee as proof that it is me signing this Note since I don’t have time to find a notary public.

IN WITNESS WHEREOF, Maker has duly executed this Note the day and year first written above.

I met him

The guy  probably owes a ton of money to a ton of different people. I bet he is totaly broke degenerate that would con his own mother.  

If you really think what happened to you sucked, why wouldnt you tell your fellow covers members who he is.. You can save somebody else the money and problems with this idiot.. 

Thanks....I will in due time.....before I "out" him and people start confronting him here, I want to calculate my next move.

I am sure he is dead broke too but he talks a good game in the horse forum....

Why in Gods name would you give anybody you have never met and know personally any money?
First thing is how the hell do you even know the license he sent you is actually who you were talking on the phone to? Did you ever think hes got a bunch of stolen id's and just does this kind of stuff to everybody.
Also on a promissory note, i thought that both parties had to sign the note together{because both are witnesses} and that usually having a third party to witness the signing is a good idea.  Also collecting on a promissory note isnt all that easy.  All the person has to show the judge is that he was under distress and good bye money. I have to believe signing the note because of repaying a gambling debt is enough distress, besides being illegal.
All this guy has to do is tell the judge that you are a bookie and you threatened him to sign this note and say goodbye to your cash and the whole thing might shift to you being in trouble
Couple of phone calls to the police or FBI and guess what you are the one having all of your shit looked into.

I really never thought you were a lawyer and making a stupid move like this that could backfire and put you in trouble, gives me my doubts once again.


My advice to you is just forgot about this whole thing and chalk  it up to you being very stupid and move on with your life. Also i wont report anything to any financial planner board either, because like i said already he can flip the switches and say that you were a bookie and you threatened him into signing that note, which you never signed together.



Sorry but i think your screwed here.

Good luck thou with whatever you do

cd