VSM Investments Inc.

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Author: Anonymous

In Aug 2009, Virata and Henry sold me $10,000 in a Distressed property fund through VSM investments vsminvest.ca which was supposedly secured against real estate in Alberta. The terms were a 6% payout paid monthly with yearly appreciaition and dividend. In March 2010 Virata told us the fund was closing down and they would offer a credcit within 3 months by June 30th 2010. After missing that deadline he told me that the funds would be provided by August 2nd 2010. After missing that deadline he now says it will be September 30th 2010. However, it's scary to see that the website is not online right now and he is missing. If anyone has any details on the whereabouts of this person or any management at VSM investments please contact us as we would like to file a criminal and civil case of fraud against these individuals and the firm.

I know of other inidividuals that are in a similar predicament and we would like to ensure that they are prosecuted to the full extent of the law.

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