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Report: #1073531

Complaint Review: Absolutelynewinc - San Francisco, CA California

  • Submitted:
  • Updated:
  • Reported By: Johnny C —
  • Author Not Confirmed What's this?
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  • Absolutelynewinc 650 Townsend Street Suite 475 San Francisco, CA, California USA

Absolutelynewinc (Robert Lugar - Project Licensing Mngr. Lola Akanmu - Project Coordinator Bejamin Stafford - Senior Director, Innovations Group Jose Castello - Director, Innovations Group Michael Reiley - ????) Conspiracy To Defraud The Public - Ponzi Scheme San Francisco, California

*Author of original report: Need Funds Returned

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To Whom It May Concern:

I am beginning to lose my faith in the US Justice system.

Recently, I uncovered a “Ponzi” scheme that has been scamming unsuspecting Inventors out of enormous amounts of funds. It is a “Conspiracy To Defraud The Public”. I notified The Attorney General’s Office in NY & Sacramento, CA and each department passed the buck to the other without doing anything to remedy the situation. Now they gave me another company that could help me. Round & round we go and nothing gets done. Due to the fact that the scammers ran off with my funds, I do not have enough to hire Legal Assistance.  

This is how the scam works.

An Inventor contracts an "Inventor help" establishment that promises to promote, develop and help bring the invention onto the market. In this case it is Absolutelynew, Inc. They have a set price that must be paid before any work is performed. Once the payments are made, they proceed to help get your project on the Market. Drawings & Documentation is prepared and submitted to the contractor for approval. Once approved, they take their time moving toward obtaining a “Patent Pending” status. This was easy for them to achieve, since they have been doing this for years.

So far everything looks great. The next step is to seek a manufacturer to produce the item. Then find companies that could use my item. A quarterly report is submitted on their progress of getting the item on the market to make it seem that they are doing their job. This all looks good until they stopped submitting reports, closed up their company and absconded with all my funds ($17,444.00). My “Patent Pending” status is only good for 1 year and if the project is not on the market and drawing an income by the time the “Patent Pending” status expires and if I don’t apply for a “Non Provisional Patent” that will protect my patent for the next 17 years, the people that I contracted with, claims the item for themselves and begins to mass produce it, leaving the Inventor out of the picture. They purposely stall in order to jump on the Inventors bandwagon knowing that the Inventor doesn’t know how to proceed to the next step.

Before I contracted with this company, I did research on the BBB. They gave this company an “A+” rating. Looking back to that research, I’m wondering how that company (Formerly known as Absolutelynew, Inc., located in San Francisco, CA.) ever achieved that rating from the BBB. Unless I’m wrong, the BBB is an organization that collects dues from any company willing to join them and, in return, receives that rating just for joining. All my funds have been placed on my Discovercard. Discovercard has a policy that “If the goods that were paid for ever breaks or, not delivered, they will refund the payment”. Since these payments were made a little more than a year ago, Discovercard refuses to reimburse me. Absolutelynew, Inc. made sure that the time for reimbursement of funds from the credit card company was lapsed, 120 days, before they closed up shop. They deliberately reneged on their contract.

I am almost sure that the people of the former Absolutelynew, Inc. company will be doing this again under a different name in the near future. I need The FBI to get in on this scam and bring these people to justice. They can not be protected by Corporate Laws. I also need my funds reimbursed so that I can continue to go forth in bringing my project to Market. My Item will help Billions of people throughout the world and I am at a standstill due to lack of funds.

Please help me. 

This report was posted on Ripoff Report on 08/06/2013 12:17 PM and is a permanent record located here: https://www.ripoffreport.com/reports/absolutelynewinc/san-francisco-ca-california-94103/absolutelynewinc-robert-lugar-project-licensing-mngr-lola-akanmu-project-coordinator-1073531. 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. READ: Foreign websites steal our content

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#1 Author of original report

Need Funds Returned

AUTHOR: Johnny Cash - ()

POSTED: Thursday, February 12, 2015


I sent this info to The US Supreme Court, The President, The  SF & NY FBI and other legal organizations and nothing has been done to remedy this situation.
I would like to bring to your attention a scheme that has been going on for years and because these crooks are protected by “Corporate Laws”, the public is being shafted.
Recently, I uncovered a “Ponzi” scheme that has been scamming unsuspecting Inventors out of enormous amounts of funds. It is a “Conspiracy To Defraud The Public”. I notified The Attorney General’s Office in NY & Sacramento, CA and each department passed the buck to the other without doing anything to remedy the situation. Now they gave me another company that could help me. Round & round we go and nothing gets done. Due to the fact that the scammers breached there contract and ran off with my funds, I do not have enough to hire Legal Assistance.  

This is how the scam works.
An Inventor contracts an "Inventor Help" establishment that promises to promote, develop and help bring the invention onto the market. In this case it is Absolutelynew, Inc. They have a set price that must be paid before any work is performed. Once the payments are made, they proceed to go through the motions to help get your project on the Market. Drawings & Documentation are prepared and submitted to the contractor (me) for approval. Once approved, they take their time moving toward obtaining a “Patent Pending” status. This was easy for them to achieve, since they have been doing this for years. So far everything looks great. The next step is to seek a manufacturer to produce the item. Then find companies that could use my item. A quarterly report is submitted on their progress of getting the item on the market to make it seem that they are doing their job. I can not tell if it is a legitimate report or some made up report. This all looks good until they stopped submitting reports, closed up their company and absconded with all my funds ($17,444.00) without notifying me of their intentions.

My “Patent Pending” status is only good for 1 year and if the project is not on the market and drawing an income by the time the “Patent Pending” status expires and if I don’t apply for a “Non Provisional Patent” that will protect my patent for the next 17 years, the people that I contracted with, claims the item for themselves and begins to mass produce it, leaving the Inventor out of the picture. They purposely stall in order to jump on the Inventors bandwagon knowing that the Inventor doesn’t know how to proceed to the next step.

All my funds have been placed on my Discovercard. Discovercard has a policy that “If the goods that were paid for ever breaks or, not delivered within a set time, they will refund the payment”. Since these payments were made beyond the statute of limitations expiration date, Discovercard refuses to reimburse me. Absolutelynew, Inc. made sure that the time for reimbursement of funds from the credit card company was lapsed, 120 days, before they closed up shop and breached their contract with me. They deliberately reneged on their contract and absconded with my funds. I am almost certain that the people of the former Absolutelynew, Inc. company will be doing this again under a different name in the near future.

I need a Legal Dept. to get in on this scam and bring these people to justice. They can not be protected by those “Corporate Laws”. I also need my funds reimbursed so that I can continue to go forth in bringing my project to Market. My Item will help Billions of people throughout the world and I am at a standstill due to lack of funds.
The “Corporate Laws” of this nation must be rewritten so that an individual is able to fight them in Court and not go broke doing so. As it stands now, it’s a one way street and the crooks and embezzlers have the upper hand. They are protected by the ”Corporate Laws” the way they are written.
I did not join the US Armed Forces to protect these Law Breakers and I want something done to bring these people to justice. If you are unable to help me and others that have been caught in this crooked scheme, I do not know who to turn to. I do not have funds to hire an Attorney. Pleease help me. Thank you.

 

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