• Report: #417493

Complaint Review: Asia Economic Institute, AEI, WorldEcon

Thank You

Read how Ripoff Report saves consumers millions.

  • Submitted: Wednesday, January 28, 2009
  • Last Posting: Monday, August 17, 2009
  • Reported By:Los Angeles California
Asia Economic Institute, AEI, WorldEcon
Www.asiecon.org West Los Angeles California 90034 U.S.A.

Asia Economic Institute, AEI, WorldEcon: Raymond Mobrez And Iliana Llaneras Complete exploitation as an employee. Do not work for the Asia Economic Institute its a SCAM! West Los Angeles California


1Author 1Consumer 5Employee/Owner

Rebuttal Box | Respond!

  • Respond to this report!
    What's this?
  • Also a victim?
    What's this?
  • Repair Your Reputation
    ...the right way!
    Corporate Advocacy Program
This is a fair warning. If you or somebody you know is thinking about working or interning at the Asia Economic Institute or anything associated with the Asia Economic Institute, please read on. I have known and worked with many people from that same institute and the collective feeling is quite the same.

The Asia Economic Institute was supposedly found in 1999 by Raymond Mobrez and Iliana Llaneras, former bankers as far as I know. It is privately funded by the two who co-currently run another business that leverages their connections in the real estate industry. Asia Economic Institute has never made money and has gone back and forth as a non-profit to a for profit company many times.

The one thing they succeed at doing well is hiring vulnerable recent grads and international students to join this "firm." They have promised many previous workers work visas, reference letters for university, and numerous raises and they have failed to deliver every time. Not only have they failed their employees on their promises, they also reduce pay illegally according to the laws of California, and fight any unemployment benefit claim that would be brought up after termination of employment. They knowingly take advantage of workers who think that these types of things are common practice. Most of my previous co-workers term it as an "internet sweatshop."

The irony of it all is that once you start working, nothing ever gets done. On one hand they want as many workers as possible, but on the other, given the complete disorganization and no plan to make money, nothing ever moves forward.

There are a couple of theories that could explain this paradox. One is that they are laundering money and writing off the Asia Economic institute as a loss to prop up their other real estate business. Logically, it would fit that they would keep hiring people to show they are trying to keep the business alive. Another reason, which I believe as equally as any other, is that they have no idea to run any business and just continue to ruin people's lives in the process.

Furthermore, the credentials of Raymond Mobrez, Director of the Institute, and Iliana Llaneras, are as muddled as they can possibly be. He claims to be a Ph.D. in Human Resources or something of the other to increase his ability to reel you in during an interview. The truth is that there are no credentials to back up the scheme that they are running.

Please stay away from this place.

Ray
Los Angeles, California
U.S.A.

This report was posted on Ripoff Report on 1/28/2009 7:00:04 PM and is a permanent record located here: http://www.ripoffreport.com/employers/asia-economic-instit/asia-economic-institute-aei-ef3f4.htm. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.

Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report.

Click Here to read other Ripoff Reports on Asia Economic Institute

Search for additional reports

If you would like to see more Rip-off Reports on this company/individual, search here:

Search Tips
Report & Rebuttal
Respond to this report!
What's this?
Also a victim?
What's this?
Repair Your Reputation!
What's this?
REBUTTALS & REPLIES:
1Author 1Consumer 5Employee/Owner
Updates & Rebuttals

#1 Consumer Comment

I would like to know more about this company

AUTHOR: Chief - Los Angeles (U.S.A.)

Can you shed more light on Raymond?
Respond to this report!
What's this?

#2 Ex-Employee

Completely Agreed

AUTHOR: Bbx - Terrance (U.S.A.)

I used to work for this "company" and I have to completely agree with everything you said. Mobrez and Llaneras deserve serious legal punishment for ruining my life the same way you explained.

Where is justice when you need it?
Respond to this report!
What's this?

#3 Ex-Employee

Also...

AUTHOR: Bbx - Los Angeles (U.S.A.)

Check this out: http://www.ripoffreport.com/reports/0/423/RipOff0423987.htm

Another person who feels just like we do about Asia Econ.
Respond to this report!
What's this?

#4 Ex-Employee

Shed more light on Raymond Mobrez??

AUTHOR: Charles - Los Angeles (U.S.A.)

Nah--for the same reason we keep our sewage in underground septic tanks, rather than letting it bask in the sunlight.

Unless you're a psychologist or documentary filmmaker, I wouldn't waste your time with unscrupulous, mendacious, buffoonish cretins.
Respond to this report!
What's this?

#5 Ex-Employee

Your Report is Spot On -- Raymond and Iliana are Grade A Jerks

AUTHOR: The Instigator - North Hollywood (U.S.A.)

I completely agree with your report. It perfectly describes the modus operandi of Raymond Mobrez and Iliana Llaneras. As you noted, they routinely igmore employment laws, and treat their employees like dirt. Since Raymond is a member of the Mortgage Bankers Association, that organization should be notified of the shady business practices in which he and Iliana engage.
Respond to this report!
What's this?

#6 Owner of Company

Asia Economic Institute is saddened by the false allegations posted on this “RipOff “Internet gossip site

AUTHOR: Asia Economic Institute - Los Angeles (U.S.A.)

The Asia Economic Institute is distressed and profoundly saddened by the false allegations posted on this “RipOff “Internet gossip site. Particularly as they may reflect on the many fine people who have worked with and for us over the years, including the Directors, Raymond Mobrez and Iliana Llaneras and the numerous respected and trusted public servants in the international banking system who count us as friends and associates, and the various Government institutions that rely on our integrity. We know that the truth will come out and are confident that appropriate remedies will be found by our attorneys. If you have been similarly injured by this site, we would like to hear from you. Please email us at Legal@AsiaEcon.org or call us at (310) 806-3000.
Respond to this report!
What's this?

#7 Ex-Employee

well put, Ray

AUTHOR: Humblevictim - Los Angeles (U.S.A.)

This is an accurate portrayal of Raymond and Iliana Mobrez.

Do not work for them. They are terrible human beings.
Respond to this report!
What's this?

#8

Don't let him win.

AUTHOR: Buttalhurts - Los Angeles (USA)



Everyone who has been ripped off by this son
of a bitch, fill out this forum, I am willing and already started
filing a suit against this scumbag, I had contact with the BBB (Better
Business Bureau) and will be forwarding every name I have in my list to
make sure this bastard pays.

http://spreadsheets.google.com/viewform?hl=en&formkey=dE1YMmg1RXRqYUF0SmhBenVYanE1NXc6MA

fill it out, ill send you a email, give you updates towards what has been completed so far.
Respond to this report!
What's this?
Report & Rebuttal
Respond to this report!
What's this?
Also a victim?
What's this?
Repair Your Reputation!
What's this?
Search for additional reports

If you would like to see more Rip-off Reports on this company/individual, search here:

Search Tips

Advertisers above have met our
strict standards for business conduct.