On March of 2019, Maz Pawar of SA Capital LLC reached out to me inquiring about my interest in capital raising services his team could offer.
The scope of work included:
1. CIM and other supporting documentation so my startup could be presented to third-party investors
2. 1-page teaser summarizing the opportunity
3. A comprehensive list of prospective investors I could approve
4. Investor outreach
5. Setup of call with potential investors
6. Regularly scheduled to update me on the campaigns progress
7. Weekly progress reports on investor outreach efforts
The initial campaign was to run for 2-3 months with the outcome of SA Capital securing a few scheduled calls at the least. In the course of 9 months of trying to work with this company not ONE investor call was scheduled and only 3 weekly progress reports were delivered to me.
SA Capital supposedly relaunched my investor campaign in September of 2019 focusing on private investors only. The communication from Maz Pawar and John Paulson was even more elusive on the second round attempt of investor outreach and after November 13th all communication ceased from SA Capital with no updates or closure to my file.
As stated by a previously complaint made on BBB.org they pitch deck they promised to rewrite was literally a copy and paste of documents and materials I provided to them without adherence to notes I provided to them on what needed to be updated.
The investor list only included names of firms they said they reached out to. The two progress reports we received had three fields which included the number of contacts in total they reached out, the number of those who requested more information, a number for those who were interested post receiving that info and a figure for those who declined to move forward.
Again, that weekly report was only delivered 3 times in the course of 9 months. SA Capital was fraudulent in their capabilities, poor in customer service and unethical in business practices.
Thank you for your review, this actually helped me make a decision not to advance my project with them, as they seem to be just a brokerage firm with difficulty in doing a full complete term contract. This prevents us from losing my time and effort, with our sensitive information. Thank you for having taken the time to write this review, very very helpful.
I was contacted by Maz Pawar after posting on GOFUNDME.COM
He promised to
1.rework our pitch deck
2. Introduce us to many potential investors
3. Have weekly updates on progress.
Nothing happened, he never redid our pitch deck, never called once, never set up an investor call. He always has an excuse to not return the deposit.
He does not have an office in Schaumberg as stated, it's a place his mail is sent to. They have know idea who his assistant Samantha is. It's all a fraud and a lie.
Back in 2020, I was doing a search for an investor. Of the dozen or so emails sent, I get a reply from Maz Pawar at S.A. Capital Partners. I paid him $1,500 for writing up the investment deck and told me that he would send it to about a thousand individuals and companies. He claims that a little over 500 would be interested. A few months later, Maz asked me if I had any money in my business account. At the time I hadn't. I later said that I have $150k and he said that he would let me know if an investor would be interested.
As of this complaint filing, 1/19/23, Maz has not coughed up a penny.
I have also discovered that Maz's family, in his home country are doing the same thing.
The business provided payments through business check which bounced. Multiple efforts to contact them and get payments were unsuccessful. Mr. Maz Pawar provided written agreement to pay but till date have not received any payments.
SA Capital Partners Reviews
On March of 2019, Maz Pawar of SA Capital LLC reached out to me inquiring about my interest in capital raising services his team could offer.
The scope of work included:
1. CIM and other supporting documentation so my startup could be presented to third-party investors
2. 1-page teaser summarizing the opportunity
3. A comprehensive list of prospective investors I could approve
4. Investor outreach
5. Setup of call with potential investors
6. Regularly scheduled to update me on the campaigns progress
7. Weekly progress reports on investor outreach efforts
The initial campaign was to run for 2-3 months with the outcome of SA Capital securing a few scheduled calls at the least. In the course of 9 months of trying to work with this company not ONE investor call was scheduled and only 3 weekly progress reports were delivered to me.
SA Capital supposedly relaunched my investor campaign in September of 2019 focusing on private investors only. The communication from Maz Pawar and John Paulson was even more elusive on the second round attempt of investor outreach and after November 13th all communication ceased from SA Capital with no updates or closure to my file.
As stated by a previously complaint made on BBB.org they pitch deck they promised to rewrite was literally a copy and paste of documents and materials I provided to them without adherence to notes I provided to them on what needed to be updated.
The investor list only included names of firms they said they reached out to. The two progress reports we received had three fields which included the number of contacts in total they reached out, the number of those who requested more information, a number for those who were interested post receiving that info and a figure for those who declined to move forward.
Again, that weekly report was only delivered 3 times in the course of 9 months. SA Capital was fraudulent in their capabilities, poor in customer service and unethical in business practices.
Thank you for your comment
Thank you for your review, this actually helped me make a decision not to advance my project with them, as they seem to be just a brokerage firm with difficulty in doing a full complete term contract. This prevents us from losing my time and effort, with our sensitive information. Thank you for having taken the time to write this review, very very helpful.
I was contacted by Maz Pawar after posting on GOFUNDME.COM
He promised to
1.rework our pitch deck
2. Introduce us to many potential investors
3. Have weekly updates on progress.
Nothing happened, he never redid our pitch deck, never called once, never set up an investor call. He always has an excuse to not return the deposit.
He does not have an office in Schaumberg as stated, it's a place his mail is sent to. They have know idea who his assistant Samantha is. It's all a fraud and a lie.
Back in 2020, I was doing a search for an investor. Of the dozen or so emails sent, I get a reply from Maz Pawar at S.A. Capital Partners. I paid him $1,500 for writing up the investment deck and told me that he would send it to about a thousand individuals and companies. He claims that a little over 500 would be interested. A few months later, Maz asked me if I had any money in my business account. At the time I hadn't. I later said that I have $150k and he said that he would let me know if an investor would be interested.
As of this complaint filing, 1/19/23, Maz has not coughed up a penny.
I have also discovered that Maz's family, in his home country are doing the same thing.
The business provided payments through business check which bounced. Multiple efforts to contact them and get payments were unsuccessful. Mr. Maz Pawar provided written agreement to pay but till date have not received any payments.