Car shopping app scam leads to loss of hundreds of thousands of dollars

Updated : Oct 11, 2019 in Articles

Car shopping app scam leads to loss of hundreds of thousands of dollars


CONTINUES. AN APP SCAM LEADS TO THE LOSS OF NEARLY HALF A MILLION DOLLARS FOR SOME MISSOURI INVESTORS. THE MISSOURI SECRETARY OF STATE HAS ORDERED ADAM SHARP AND HIS COMPANIES INCLUDING SOCIAL AUTOMOTIVE MANAGEMENT SERVICES TO CEASE AND DESIST INVESTMENT OPERATIONS. WORKERS ALLEGE SHARP COLELCTED 470 THOUSAND DOLLARS, TELLING INVESTORS IT WOULD FUND A CAR SHOPPING APP BUT INSTEAD SPENT THE MONEY ON HIMSELF. SO FAR, 22 INVESTORS HAVE BEEN IDENTIFIED FROM MISSOURI, ARKANSAS, TEXAS AND LOUISIANA.

Leave a Reply

Your email address will not be published. Required fields are marked *