Anyone else lose $ w/ AREI or Real Estate Cowboys -$100k lost PPM

[Jon P.]

Any experience with AREI, American Real Estate Investments, Real Estate Cowboys, John Larson, Taylor Glasgow, Michael Roberto.

I'm trying to connect with others that invested in a syndication, PPM or lending scenario who have not been paid back.  My brother & I invested $100k with them on two different funds.  We received only a few interest payments, and then all of the sudden they stopped, and I haven't been able to get ahold of anyone!  It makes me sick to think that a company could simply do this, but it appears as if they have no intention on paying us back unfortunately.  I don't even know what recourse we have at this point.  I talked to another investor that invested in multiple of their projects, and same thing happened that he stopped receiving payments a year ago.  I'm trying to connect with anyone else in this situation to see if we can come up with a collective plan, or seek legal advice together.  There should be some legal recourse for this company that appears to simply be stealing people's money.  It's very frustrating to experience because I still get their emails about investing in other opportunities or see what kind of deals they are offering so they are clearly still making money, but have no intention on paying investors back...the last email I got was to invest in Belize.  Please help if you have any experience with them.

[Lynn Quire]

Hello all who are concerned about AREI--I too invested in 3 of their projects and have had the same experience of lost interest, no return of capital and horrendous communication. General feeling of being given a bad run-around. I would like to get in on any action being taken, and have sent an email to concernedwitharei at yahoo dot com for confirmation. Please confirm I in the right place, and I’m happy to share more of my experience and provide what ever help I can in the interests of helping all of us get our money back!