Your voice has a chance to be heard now! scamion.com - we bring changes together.
report scamCountry | United States |
State | Illinois |
City | Schaumburg |
Address | 1900 E Golf Rd Suite 950 |
Phone | 1 312-750-9540 |
Website | https://www.sacapitalpartnersllc.com/ |
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.
Pawar capital, llc dba sa capital partners llc Sac) entered into an agreement w/ our firm in october 2022.
Sa capital failed to meet most - arguably all - of the agreement terms, including failing to set up a single call or meeting with investors, let alone facilitating a capital raise; did not provide a spreadsheet with outreach efforts, investor list, did not ever proactively schedule a single call with us Let alone bi-weekly updates).
Sa capital regularly ignored/delayed correspondence from and responses to us, consistently broke deadlines, and shared intentionally and deliberately false updates We have concrete evidence of such).
On 6/1/23, we requested for sa capital to return the service fee of $2500 pursuant to our agreement terms Promising return of the fee if no funds were raised after 6 months); ~50 days since our request and the funds have not yet been returned - continuous excuses about delays, "accounting team" mishaps, etc.
Sa capital does not have an a+ rating with bbb As advertised on sa capital’s site); several other parties have made similar claims recently with bbb. The organization also has several filed reports on scamion and other sites, with recurring themes.
Sa capital's “john paulson” linkedin profile claims a 9-year tenure with goldman sachs; the gs alumni database does not identify an individual consistent with such or his timeline ever working there.
No evidence of any individuals named “mark evans” or “kathy smith” having any history with sa capital or pawar capital; “samantha nelson” has a limited web profile with no linkedin profile picture and coincidentally no professional history other than her supposed tenure at sa capital.
Sac has used or publicly listed half a dozen to a dozen different physical addresses, which have constantly changed, none of which actually support the presence of sa capital; at best, most addresses indicate co-working/mailing addresses. Ms. Nelson’s address in signature has changed from one email to the next.
Here is additional background on maz pawar: bit.Ly/mazpawarlawsuit. The record indicates that maz pawar was sued by a former employer, madison street capital, for using proprietary information belonging to madison and recruiting madison employees for purposes of joining a competing firm, auctus capital partners.
If you read all content posted about or by sa capital partners closely, you will note that it is all stock imagery and footage and there is nothing of true substance at the core - all videos, blogs, articles, instagram posts, Fake) interviews, other social media posts are nothing substantive, and in reality just buzz-phrases, and re-posting of inspirational quotes from celebrities. There is no substance, because mazhar pawar is a fraud and is not even capable of pretending to be a savvy connector, investment banker, or financier.
If you are reading this and have had a similar experience, please reach out to us via this site - we are opening up legal action promptly, and the more information we can gather from multiple people, the better.
This company contacted us after we started a new healthcare company. We arfe doctors who wanted to provide an improved health service to certain more vulnerable groups in our communities. They made a host of promises about how they could find us Angel Investors and sent us documents showing us they had been successful in the past. They played down the $3,000.00 they asked us to pay implying it was not really for services as the services will be charged additionally as part of any funds they secure on our behalf. After a few weeks they went off the grid. For weeks now we have been unable to contact them and they have ignored all our emails.
Clearly this is a scam that should be investigated by the FBI as they appear to have done this across several states.
They may also be connected to Ask for Funding - as this company was the platform through which they contacted us.
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.