- Report: #1528610
Complaint Review: Wave Capital Partners - Orlando FL
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Author Not Confirmed
Why?
Wave Capital Partners
333 South Garland Avenue, 13th Floor Orlando, 32801 FL, United States
Phone:
407.539.0002
Web:
https://wavecapitalpartners.com/
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Wave Capital Partners Ray Boorojian Demanded a retainer for helping raise capital and did not do anything they said they would do after they received the retainer Orlando FL
Wave Capital and it's principle Ray Boorojian were referred to our company to help raise investment funds. They required a retainer and in return committed that they have already spoken to 7 family offices that they had a relationship with who were interested in talking with us. They said we would have meetings immediately and promised us they would have the investment we seek in 30-40 days. Nothing they said was true. They did not set up any meetings with any existing contacts. They started to call venture capital and private equity companies from CRUNCHBASE, specifically not our target market, and with no existing relationship. They did not deliver on one thing they said they could or would do, and after 4 months, we requested 1/2 our retainer back do to their false statements and lack of proper effort, to which they said they would not 'return any money in this life, or the next'. The Agreement called for arbitration, but throwing good money after bad isn't the best use of funds. We later found out they have been sued multiple times by people in our position, and we want to get on record in case the next targets do more due diligence and warn them not to work with this company because they are frauds who do not deliver on anything they commit to.
