Algaw Group: Fraudulent Investment Company
Algaw Group and its owner, Mohammed Algaw pretends to serve as an investment company but cheats investors out of their money.They create false business models and actually do not implement the idea once investment has been received.
Mohammed has gone to several investors to raise capital and cheated all of them and should be stopped.
He created a fake coffee business and fake ice cream business and provided the investor a fake address of the location. The investment was embezzled and he always made up excuses and never showed up to meetings once received.
I would strongly encourage any investor to be weary of him.
Reason of review: Problem with delivery.
Monetary Loss: $240000.
Preferred solution: Let the company propose a solution.