Scam operators tend not to keep good records and who knows what NASI ditched as things started to collapse. So, as the receiver goes through the records that is there he will likely find gaps. If you haven’t already done so, you should start gathering any records you have regarding the scam. This should include:
- any communications with NASI, their representatives and anyone else who helped land the deal, so to speak
- the monthly statements from NASI
- contracts
- bank statements and other financial records which demonstrate your investments and the payouts
- 1099s issued to you by NASI
- records of signup bonuses you may have received for referring other investors.
If there’s any other records that you think the receiver or SEC would find useful, include that as well. And if there’s anything else you think needs to be added to the above list, please leave a comment below.
Also, if you remember, heard in passing, or have any records that indicate where NASI, Joel, Ed, etc. could have hidden money, you should tell the receiver. Every dime they can recover is more money back to the people who lost money. Even if your loss won’t break you financially, your diligence may make a difference in whether or not someone is else broken.
So contact the receiver and let them know that you’re a victim, what documentation you can provide and if you know about any of NASI’s hidden assets. This will at least get you on the list of people they will contact when the ball really starts rolling. When other Ponzis have collapsed the receiver website let you file your claim online, which this one is clearly not ready to do yet. But you want to be ready for when you can file that claim.
The receiver’s current contact information is in the sidebar at the right. The receiver’s website is http://nasi-nationwideatm.com
I tried to send an Email to you but it did not go thru.I am a victim and have an outstanding $24,000.00 for two ATMs I supposedly purchased. When my check bounced I found the phone number of the Go Mart in Clarksburg Wv and was told their machine was installed by Huntington Bank. I then called the supposed company that prossessed the checks and it was a Red Cross office. At that point I figured we were doomed.
Jack Strumpf
Oct 24, 2014
I bought three new ATMs in August for $36,000. My check was cashed and deposited in one of NASI’s banks and then the s–t hit the fan. Now I’m out that money and it hurts. I sure hope you guys find some of that money floating around soon and return it to its rightful owners.
Irate and irritable
I too sent $24,000.00 the end of May. I received a check in August but it bounced I sent a letter to Joel stating I wanted my money back. I never heard from him. That was my first attempt to buy an ATM
Since I do not own a computer or a smart phone I receive information from my cousin
I also bought three ATM machines, totaling in $36,000. One of them was in August, which was during the time where Joel knew very well what he was doing. He cashed the check right away. How is it possible for these people to do such a thing? They took our retirement money and now I am stuck with nothing and my investment is gone. I hope they can find our money and return it back to us!
KEN KROGULECKI
LIKE A LOT OF OTHER FOLKS I PURCHASED MORE MACHINES AFTER I RECEIVED A LETTER FROM JOEL STATING MORE WERE AVAILABLE. JOEL NEW THE SCAM AND CONTINUED TO PERPETUATE THE FRAUD. MANY WHO HAVE BOUGHT MACHINES YEARS AGO HAVE PROBABLY RECOVERED MOST OF THEIR INVESTMENT. IT IS WE NEW PURCHASERS WHO ARE GETTING HIT THE HARDEST. HOPEFULLY THE RECEIVER KEEPS THIS IN MIND.