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All States ATMs / Fraudelent Practices

1 Del Mar, CA, United States Review updated:

This company if fraudently taking peoples money. They promise to pay you a high return on your investment. if your investment is $100 you will receive $200 back paid on a weekly basis. Example $100 investment u get back $200 in 48 weeks. $200 divided by 48 weeks equals = $4.16 a week x 48 = $199. The numbers are small on this example . There people "investors" who put in upto $500, 000. So you can imagine the numbers. The person involved are Gregg Knee (Investor Recruiter) and Richard M Hersch (Owner). This guy can seriously talk there way into pockets with no problem. Be very careful with any similar such as this one this guys might end changing there business name and start fresh again...

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  • Ma
      21st of Oct, 2008
    0 Votes

    Richard Hersch and All States ATM is a major scam. There have been people who have lost ten's of thousands of dollars because of this fraud. It's a matter of time until he ends up and jail and the rest of the people involved in his scheme. Whatever you do do not invest in anything Richard Hersch is involved in. Once he takes your money he'll refer you to his attorney Jack Mann who then does not return your calls.

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