SAN ANTONIO – A San Antonio couple who invested $25,000 in a local restaurant company has yet to recoup any money and is no longer receiving messages from the then-owner of the company, they told KSAT Investigates.
Christine and Jason Douglas said they were approached in 2022 by Robert Walker, who offered them a five-percent ownership stake in his company, in exchange for the five-figure investment.
“It was a very nice environment, nice person. We knew him for over 12 years,” said Christine Douglas, referring to the location on SW 36th Street near the couple’s home.
She said Walker needed financial assistance as he changed the name of his restaurant from Papa’s Burgers to The Good News Burgers and was attempting to expand the number of locations around San Antonio.
A promissory note signed by Walker that September laid out the installment payment structure, and Walker then…