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Question for attorneys/police
I was scammed by a friend of mine about 4 months ago. He told me he needed 7500 dollars to print up cd's he had distribution, here is the break-down
[ $7,500. investment to finance the manufacture of 8,000 units(CDs) of
"Sade Blends".
The profits of which are then split 50/50 with half going to
Look Records; half going to Paul Nice.
The CDs manufacture at a cost of just under $1. per unit (accounting
for artwork, casing, etc. - set up costs have already been accounted
for on the initial run).
The wholesale price for "Sade Blends" is $6. per unit., leaving around
$5. profit per unit.
8,000 units sold comes out to $40,000. total profit.
Half of that / your share comes out to $20,000 profit on $7,500 invested.
The distributor terms are as follows:
TRC: 60 Days (payment: 15th of the month)
Fat Beats: 45 Days (payment: 15th of the month)
Revolver: 60 Days (payment: 15th of the month)
Your first payment would commence on the day according to each
distributor's terms.
For example, if TRC receives their shippment on August 5th, your first
check from TRC would be cut on October 15th.
All checks would be included with an itemized statement accounting for
all sales during that period. ]
I never heard from him again. I called TRC, a distributor, and they told me that he asked them to fake some P.O.s for him that made it look like he sold thousands to them. They told him no.
I am in SF, he is in Poughkeepsie, NY.
He changed his phone number, but he still checks his myspace page daily.
I contacted him there but he never replies.
Anyone know what I can do? It's so insulting. He's a music producer, very talented, I've worked with him before, and so have friends/colleagues of mine.
I can't believe he scammed someone who trusted him. To add insult to injury, I found out that he still is DJ'ing around in NY. How brazen.
Any cops out here in Poughkeepsie? This is a big financial loss for me.
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"When do we say we can stop the Whole-Sale State-backed discrimination against straight white males? - island911 (This guy is insane, no?)
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