Consumer Ripoff Complaint – Fraud by PARAGON INTERNATIONAL WEALTH MANAGEMENT INC.

Name: Barbra

I started off with an investment of $1500 at Paragon Wealth Management by Mr.John Carson he promised me a return of 25% within 3 Months. After 3 months he called me and bought back my stone for $25% more then I paid and convinced me to put up $35000 on another stone. I felt comfortable after reading all the positive marketing and news publications on the internet surrounding Michael Shumac or also used Michael Shumak or Michael Shumacker ( the wolfe ) OF Paragon Wealth Management. This was a huge mistake when i recieved mt Stone I went to an appraiser who explined to me my first mistake was buying a stone that was not GIA certified to my dismay the stone had a value of $6000. I called the Authorities and found out that Michael Shuamk and James Gagliardini is under investigation and his employee partner Mike king is already facing Charges of fraud from a company called ” CCD ” IN THE MATTER OF THE SECURITIES ACT, R.S.O. 1990, c. S.5, AS AMENDED
– AND –
IN THE MATTER OF
CAPITAL COULOURED DIAMONDS
JACK KRONUS (MICHAEL KING)

You can check this out on Ontario Security Commissions WebSite
www.osc.gov.on.ca