American Premium Water Corp. (HIPH)

[mgiles12]

Ripoff Report on Alf, http://www.ripoffreport.com/r/alfred-culbreth-tec9com-m5com/miami-beach-florida-33140/alfred-culbreth-tec9com-m5com-ripoff-fraud-financial-fraud-miami-beach-florida-136251#comment_3

Alfred Culbreth has been the President / Ceo of several companies. He has been sued twice for luring investors to invest in his businesses only to take the money and run.

Case # 03-5407-CACE
Location: Circuit Court 17th Judicial Circuit, Broward County, Florida
Plaintiff: Victor Velasco
Defendant: M5COM Inc and Alfred Culbreth
Result: Judgment in favor of the Plaintiff in the amount of $101,000 plus costs of $1,560.
Status: Judgment was Satisfied
Date: January 8, 2004
Attorney for Plaintiff: Gideon Schwartz (FL Bar # 0165719)
Contact Info for Attorney: 80 SW 8 Street, Suite 2803, Miami, FL 33130 / Tel [phone] / Fax [phone]

Case # 03-04896 CA (03)
Location: Circuit Court, 11th Judicial Circuit, Miami-Dade County, Florida
Plaintiffs: Alfredo Camacho and Jose Baptista
Defendant: TEC9COM Inc and Alfred T. Culbreth
Result: Ongoing Lawsuit
Reason for Lawsuit: Breach of Contract. Two Venezuelan investors gave Alfred Culbreth $350,000 in total and he did not honor their contract and took the money and ran with it.

The modus operandi of Alfred Culbreth is to open a business, lure investors, steal the funds, then declare bankruptcy / close the business and open a new business in the same location (same office or a different office in the same building).

He currently has opened 2 businesses in the same office where he previously had M5COM called White Light Communications LLC and Miami Telegraph & Telephone Inc.

watch for new SCAM to emerge soon, one last scam to dump over a billion shares.