by Scams Exposed
Tue Apr 28, 2015 11:40 am
Complaints against this scammer date back to 2006 (See Below). I found 7 complaints about this Scammer on the internet.
Now he is selling Scrap Metals and Used Rails requiring a Large Deposit from Buyers which they will never see again.
MIKE GROUT & ASSOCIATES
Mike Grout
O. 713-893-7800
C. 281-854-4465
Email: [email protected] (This website no longer exists)
Current Email: [email protected]
Skype mgrout
He sent me a Soft Corporate Offer (SCO) where it clearly states:
"Note: No Bill of Ladings, Warranties, SGS Reports, or past fulfilled Contracts will be presented as "Past Performance," sanitized or not, for the following reasons: Against Trade Regulations, Against stated SGS Policy, Violates Formal Contract Confidentiality between Buyer & Seller, Most Importantly - if seller is a U.S. Company, it violates U.S. Law."
These excuses are all lies!
Bill of Lading is a Public Document and the International Chamber of Commerce (ICC) has an office where you can send a Bill of Lading where they will verify if it real or not which is why Mike Grout won't send you one.
SGS Reports can also be sent to the SGS Laboratory to verify that they are real, not a forgery, or was altered. Every Inspection Company will verify their reports in order to maintain their good reputations by discouraging forgeries or altered reports be passed around. So, there is no SGS policy against sending their reports to 3rd parties.
There are No Trade Regulations preventing Past Performance documents from being sent to anyone.
There are No U.S. Laws prohibiting any of these documents from being sent to anyone.
Another Pre-Payment Scam as he requires Buyers to make a Large Deposit before making a purchase. His SCO also requires a Bank Guarantee (BG) from the buyer's bank. It states: "A BG or SBLC for up to 2% of 1 month shipping is required depending on the buyers bank credit rating or an up front $25,000.00 to ensure buyers LC will open."
His SCO even has a Q&A at the end where one question is:
Q: Will the seller provide proof of past performance?
A: Proof of past performance has nothing to do with proof of future performance and will not be provided.
Q: Are yard/site visits allowed prior to closing?
A: For liability reasons, yard and site visits are not allowed until the buyer’s fiduciary obligation has been met.
So, Mr. Grout want a Large Deposit, a Bank Guarantee of the Purchase Amount, will not provide any Past Performance documents, and will not allow Yard Visits until after the buyer has paid in full.
I sent him an email pointing these out along with a list of the 7 Complaints against him for Scams and Fraud dating to 2006.
Mr. Grout's reply was:
"You really are an idiot if you believe what is put on the internet. POP is not provide from brokers like you who ask for information without providing information. Go ahead waste your time please. You do not have what it takes to find out what is real and what is not."
Written like a True Scammer Mike Grout
Now he is selling Scrap Metals and Used Rails requiring a Large Deposit from Buyers which they will never see again.
MIKE GROUT & ASSOCIATES
Mike Grout
O. 713-893-7800
C. 281-854-4465
Email: [email protected] (This website no longer exists)
Current Email: [email protected]
Skype mgrout
He sent me a Soft Corporate Offer (SCO) where it clearly states:
"Note: No Bill of Ladings, Warranties, SGS Reports, or past fulfilled Contracts will be presented as "Past Performance," sanitized or not, for the following reasons: Against Trade Regulations, Against stated SGS Policy, Violates Formal Contract Confidentiality between Buyer & Seller, Most Importantly - if seller is a U.S. Company, it violates U.S. Law."
These excuses are all lies!
Bill of Lading is a Public Document and the International Chamber of Commerce (ICC) has an office where you can send a Bill of Lading where they will verify if it real or not which is why Mike Grout won't send you one.
SGS Reports can also be sent to the SGS Laboratory to verify that they are real, not a forgery, or was altered. Every Inspection Company will verify their reports in order to maintain their good reputations by discouraging forgeries or altered reports be passed around. So, there is no SGS policy against sending their reports to 3rd parties.
There are No Trade Regulations preventing Past Performance documents from being sent to anyone.
There are No U.S. Laws prohibiting any of these documents from being sent to anyone.
Another Pre-Payment Scam as he requires Buyers to make a Large Deposit before making a purchase. His SCO also requires a Bank Guarantee (BG) from the buyer's bank. It states: "A BG or SBLC for up to 2% of 1 month shipping is required depending on the buyers bank credit rating or an up front $25,000.00 to ensure buyers LC will open."
His SCO even has a Q&A at the end where one question is:
Q: Will the seller provide proof of past performance?
A: Proof of past performance has nothing to do with proof of future performance and will not be provided.
Q: Are yard/site visits allowed prior to closing?
A: For liability reasons, yard and site visits are not allowed until the buyer’s fiduciary obligation has been met.
So, Mr. Grout want a Large Deposit, a Bank Guarantee of the Purchase Amount, will not provide any Past Performance documents, and will not allow Yard Visits until after the buyer has paid in full.
I sent him an email pointing these out along with a list of the 7 Complaints against him for Scams and Fraud dating to 2006.
Mr. Grout's reply was:
"You really are an idiot if you believe what is put on the internet. POP is not provide from brokers like you who ask for information without providing information. Go ahead waste your time please. You do not have what it takes to find out what is real and what is not."
Written like a True Scammer Mike Grout
