Creating companies to hide monies and screw investors out of even more money by selling useless "working" interest in non-existant/foreclosed "gold" mines located in Arizona. I highly recommend any individuals who invested in USAR, IER et. al. contact your State Attorney General's office, FBI and the SEC. These criminals have stolen more than $30 million from 600+ investors over the past decade and continue their boiler room/ponzi schemes. For more information go to the following website.
This website was developed for public awareness for investing in fraudulent companies, LLCs and/or ventures; such as, IER, USAR and their numerous LLCs/ventures. The articles referenced on this website are on public record. Supposedly, over six hundred individuals (many non-accredited) invested over $30 million dollars into IER/USAR and its ventures over the past 9 years. To our knowledge, Minimal to no revenue was generated since inception No one has received any returns on their investment.
No financials were disclosed to investors All capital money that has been raised is now depleted JVA conference calls continue to be cheerleaders who lure investors to maintain existence and pay for lawsuits Communications to investors from USAR et. al, is minimal to non-existent Contracts/Promissory Notes are in default Promises and due dates have been continually missed Misinformation was issued regarding mines operations and ownership Omission of material facts financials, lawsuits, viability of business plans USAR and its ventures are not in compliance with State(s) requirements General Partners of LLCs are no longer in existence due to non-compliance with regulatory commissions SEC Violations Numerous lawsuits are still pending totaling in excess of $4 million in damages Investment capital raised by non licensed representatives Investments sold to non-accredited investors(non-compliance with Regulation D)
US American Resources, Inc. Reviews
Creating companies to hide monies and screw investors out of even more money by selling useless "working" interest in non-existant/foreclosed "gold" mines located in Arizona. I highly recommend any individuals who invested in USAR, IER et. al. contact your State Attorney General's office, FBI and the SEC. These criminals have stolen more than $30 million from 600+ investors over the past decade and continue their boiler room/ponzi schemes. For more information go to the following website.
This website was developed for public awareness for investing in fraudulent companies, LLCs and/or ventures; such as, IER, USAR and their numerous LLCs/ventures. The articles referenced on this website are on public record. Supposedly, over six hundred individuals (many non-accredited) invested over $30 million dollars into IER/USAR and its ventures over the past 9 years. To our knowledge, Minimal to no revenue was generated since inception No one has received any returns on their investment.
No financials were disclosed to investors All capital money that has been raised is now depleted JVA conference calls continue to be cheerleaders who lure investors to maintain existence and pay for lawsuits Communications to investors from USAR et. al, is minimal to non-existent Contracts/Promissory Notes are in default Promises and due dates have been continually missed Misinformation was issued regarding mines operations and ownership Omission of material facts financials, lawsuits, viability of business plans USAR and its ventures are not in compliance with State(s) requirements General Partners of LLCs are no longer in existence due to non-compliance with regulatory commissions SEC Violations Numerous lawsuits are still pending totaling in excess of $4 million in damages Investment capital raised by non licensed representatives Investments sold to non-accredited investors(non-compliance with Regulation D)