Autobahn International Inc
Complaint 293478 Details

Herbert F. Edwards aka "Eddie Edwards" is President/CEO of Autobahn International Inc. that is running a Ponzi Scheme in Florida. He claims to have a limestone mine in Mexico City that he is collecting and raising capital to fund a project. He contacted me back in 2008 to invent in his project so we decided to move forward. He used documents from The Arcanum Fund, RBC as well as European Firms including Oppenheimer, Goldman Wealth, BofA, and others to asses the risk and use numbers like $1billion raised and uses statements like this in his emails,"Due to funding structure at an early stage, no institutional files are yet available. All previously available funds have been invested for preparation of projects and operational expenses in support. Since 2005, Autobahn's single focus has been the preparation of projects and building of teams for carrying out projects. The long and careful assures Autobahn's success and repayment of your investment. Autobahn and its teams have great amount of time and capital involved and shall not risk for certain success". Every transaction he has done with clients have returned NO investment or principle back. He ripped off my family and has been in involved in taking in over $1.5 million dollars to use for his personal use and pay off his attorney group that doesn't exist. Mr. Edwards used our money to support his 2 Penthouse's in Miami FL to buying cars and bottles at nightclubs. He currently is broke and living in South Florida looking for his next victims. Herbert Edwards has even taken money from a church to fund his Ponzi Scheme which is the lowest of lows. His old partner was a financial consultant that steered a family into funding his project with over a million dollars of capital and they had to claim bankruptcy after he spent all their money as well. That adviser went to jail and Herbert Edwards should be following him very soon we are praying. If he contacts you to ever invest in any of his projects understand this individual is well spoken and has paperwork to back his claims. Ask to speak to any of his previous clients and ask how he did using their hard earned money, I promise you he will not give you 1 name. Everything out of Herbert F. Edwards mouth was a total lie and we lost everything we owned because of him. Don't EVER invest any of your hard earned money with Autobahn International.