Description

A very short explanation is ***** Fletcher of Fletcher Capital LLC from Atlanta Georgia has operated a Ponzi scheme for years and it's at the end of its road. He publicly advertises he's a fund manager raising capital on real estate deals looking for personal contributions from anywhere between 10k-500k with the promise of typically 20%-30% ROI. I've seen him advertise as high as 50% ROI in only 3 months. On average he advertises around 4 months return. He takes the money, giving nothing in return to secure the investment and we have no idea where the money goes. He owns no physical assets. He repeats to all investors he owes that they're within days of full redemption and that day never comes. He's still advertising continuing to raise money. He currently has an advertisement on LinkedIn looking for 250k. After jerking our lawyer around forever he finally admitted to being broke, living at home with his mom still and he said he's going to have his mom refinance their house to give a little back. Anything from his moms refinance wouldn't even be able to scratch the surface of the amount of investors he owes. Still to this day he's promising investors they're days away... but just as with the 6 people currently in a legal action using the same attorney, we all hear the same lies but the money never comes. Just 1 person in our legal action, ***** scammed out of $130k. We've been speaking up about this on Facebook and there are over 20 other investors ***** Fletcher has scammed and who are all without their money. Some single investors gave ***** $300k in a single wire. We're asking each person how much they are owed and this is adding up to between 2 - 3 million dollars from just the people we currently know of. One person is active duty Navy of 15 years and was pulled from his ship while deployed because of this. Our lawyer through discovery found ***** has an existing court judgement against him from New York back in December 2022 in the amount of $36,000 which he also still has not paid. His Instagram page says he's raised over $22.5 million dollars from investors. We're all wondering where the money is being hidden. I've personally filed a report against ***** Fletcher with the SEC, the GA department of Securities, the FBI and now with the BBB. Each day that passes, more and more real estate investors are coming forwards saying ***** Fletcher has scammed them as well. We all have written and signed contracts. Once ***** breaks the contracts by not paying us back in the written agreed time he has been caught in many instances of falsifying fake wire confirmations. He slipped up and provided to me in writing that he collects money from other investors by promising them great fast returns and uses it to pay back other investors if he's in trouble. But now he's keeping all money hidden. While investors are coming after him for several million dollars, he also slipped up and texted me that he was spending a lavish destination vacation with his fiancé in Puerto Rico. Another investor shared a text where ***** Fletcher reached out to them asking for them to invest half a million dollars from just that single person. I have proof in documentation form of every word I just said and I can provide that upon request.