• Report: #193025

Complaint Review: Alliance Acquisitions

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  • Submitted: Tue, May 23, 2006
  • Updated: Wed, July 08, 2009

  • Reported By:St. Louis Missouri
Alliance Acquisitions
3901 Roswell Road Marrieta, Georgia U.S.A.

Alliance Acquisitions ripoff MarMarrieta Georgia

*Consumer Comment: Tyrone Tymkovich, Global Acquisitions Group, felon, has real estate license permanently revoked by the State of Colorado

*REBUTTAL Owner of company: It's True

*Consumer Suggestion: Corporate Acquisitions Group Newswire release... True?

*Consumer Suggestion: Ty Tymkovich

*REBUTTAL Individual responds: Juvenile

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BEFORE YOU BUY PULL A BACKROUND INVESTIGATION ON THE PEOPLE YOU ARE BUYING FROM. ONE OF THE REPRESENTATIVES NAMES TYRONE TYMKOVICH WAS PROSECUTED IN COLORADO FOR A FELONY. SEVERAL OTHERS ARE ON THE FTC WATCHLIST.

BEWARE, THESE GUYS ARE SCAMMERS!!!

Marcus
St. Louis, Missouri
U.S.A.

This report was posted on Ripoff Report on 05/23/2006 09:24 PM and is a permanent record located here: http://www.ripoffreport.com/r/Alliance-Acquisitions/Marrieta-Georgia-30062/Alliance-Acquisitions-ripoff-MarMarrieta-Georgia-193025. 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.

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REBUTTALS & REPLIES:
0Author 3Consumer 2Employee/Owner
Updates & Rebuttals

#1 Consumer Comment

Tyrone Tymkovich, Global Acquisitions Group, felon, has real estate license permanently revoked by the State of Colorado

AUTHOR: Sascha - (U.S.A.)

Tyrone E Tymkovich of Corporate Acquisitions Group, LLC. resigned their BBB Accreditation on June 5, 2009, and are in the process of reanimating their business valuation scam company under the new 'Global Acquisitions Group, LLC." moniker.

Based on BBB files, Corporate Acquisitions/Global Acquisitions Group has a BBB rating of "F".

Reasons for this rating include:

* Failure to obtain required competency license.
* Failure to honor commitment to arbitrate or mediate disputes.
* Complaints filed against business that were not resolved.
* Government legal action(s) against business.

On May 28, 2009 Tyrone E. Tymkovich, President of Corporate Acquisitions/Global Acquisitions LLC., entered into a Stipulation & Final Agency Order in the matter of disciplinary action against his real estate broker's license (er 40029518) with the State of Colorado Real Estate Commission. The order settles charges that Tyrone Tymkovich made violations of the real estate licensing law. Under the terms of the order Tyrone Tymkovich agrees to a fine of $5,500.00 and a permanent revocation of his real estate license. Tyrone Tymkovich admitted to the allegations, factual findings and conclusions of law in the investigative report dated April 27, 2009.

Tyrone E. Tymkovich has plead guilty to theft, a class 2 misdemeanor, and forgery of a check, a class 5 felony. On March 13, 2009, Tyrone E Tymkovich also plead guilty to disturbing the peace, and to threats to person/property. Tyrone E. Tymkovich has repeatedly failed to notify the Colorado board of Real Estate of his criminal convictions, as stipulated by law.

The findings of the State of Colorado can be found here:

http://eservices.psiexams.com/servlet/documentcontentdisplay?documentId=20483&complaintId=0&accountId=197&stipulationId=767&isStipulationDocument=true

and here:

http://docs.google.com/gview?a=v&q=cache:HMgMVPuuN5QJ:www.dora.state.co.us/real-estate/meetings/minutes/broker/CREC_May_2009.pdf+tyrone+tymkovich&hl=en&gl=us

Tyrone E. Tymkovich worked with Marvin R. "Randy" Hicks at Alliance Acquisitions Associates, another business valuation scam company.

Marvin Randolph Hicks: One count of conspiracy to commit wire fraud, six counts of wire fraud via telephone calls and one count of conspiracy to commit money laundering.

According to the indictment:

PBS offered clients a 100 percent money back guarantee that it would find qualified buyers for their businesses. When clients tried to claim the refund, PBS denied their claims.
Sellers were required to pay a designated fee to PBS for acting as an intermediary with buyers, a designated sum for hiring an independent firm to prepare a valuation of the business that was being sold, and a fee for successfully matching a seller and a buyer, which would be due two days after the sale.
PBS received very little money from completed buy/sale transactions. More than 98 percent of the money PBS received from clients was for independent third party business valuations.
In order to deny the guaranteed refunds, PBS provided clients with sham matches. The buyers PBS claimed were qualified in fact had no interest in purchasing the clients' businesses.
In order to deny the guaranteed refund, PBS provided clients with references identifying individuals who were represented as business owners who had sold their businesses through the efforts of PBS. In fact, these references were the owners of PBS or PBS analysts and had never owned a business sold by PBS.

From the State of Kansas department of Justice:

http://www.usdoj.gov/usao/ks/press/May2008/May22a.html

http://www.usdoj.gov/usao/ks/press/Sept07/09_20.html

Sam Levine, the CEO for Corporate Acquisitions Group LLC., has a history of perpetrating fake grant writing schemes with "American Public Grant Consultants", as well as his work with Corporate Acquisitions/Global Acquisitions.
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#2 REBUTTAL Owner of company

It's True

AUTHOR: Ty - (U.S.A.)

This report is completely true. As a requirement for our lender and collateral for funding our growth, the income of these 3 companies owned by the current owners of Corporate Acq. Group were used in a financial merger. Public announcement had to legally be made and the press release was chosen as well as newspaper notice in The Denver Post. All companies are current with the Colorado Sec of state. All file tax returns annually with the IRS and all have income. Said income is used as collateral on existing debt as CAG doesn't have assets that can be secured as many small businesses understand. Please contact the company during office hours for further information. References for Brokers, transactions (both completed and in process), employees, and vendors are all available upon request and are gladly given to validate concerns of any kind for current as well as prospective clients. This press release is not and was never meant to be a reference as much as an explanation of the transaction. Corp. Acq. had been in business for over a year prior to this release and has no complaints through any entity including those in which we are registered and regulated in the State of Colorado or the BBB of Metro Denver. Corporate Acq. currently works with over 100 brokers nationwide in its unique marketing approach. All are licensed in the states in which they work. All transactions are handled by a professionally licensed firm in the state in which the transaction is consumated.

Corp. Acq. has no common management or ownership to any prior company alluded to in this email. Corporate filings can certainly validate that. Corp. Acq. does not operate the same as any other company alluded to. The company has been in business longer than any other company alluded to. Corp. Acq. is regulated by the state of Colorado Division of Real Estate, which no other company alluded to was regulated by anything other than good conscience, which was lacking. It is the reason our company was stated. All clients from any company who feel wronged in ANY way, please contact Corp. Acq. and we will gladly introduce you to potential buyers to purchase your business at NO COST whatsoever. No commission, no up front fees, no hidden charges. We currently are working with over 20 clients in this role. We will do our best to help you if you have been wronged by another company. Nobody is perfect in business, but rest assured it is our goal to in no way mis-represent any information to any potential public source.
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#3 Consumer Suggestion

Corporate Acquisitions Group Newswire release... True?

AUTHOR: Dan Tanna - (U.S.A.)

The following press release was published on Newswiretoday.com by C.A.G.:
Chain Telecom Acquires Telecom Affiliates and E-Telco Agents

C.A.G. claims to have valued Telecom Affiliates and to have helped broker its' sale, along with E-Telco Agents to Chain Telecom, the latter two both supposedly registered corporations in the state of Illinois. Not only are there indications that the Colorado corp. Telecom Affiliates was never a viable entity, but E-Telco and Chain Telecom are not listed in the Illinois Secretary of State database. So what, and to whom did C.A.G. sell or broker something?

Here is their press release:

NewswireToday - /newswire/ - Englewood, CO, United States, 06/21/2007 - Chain Telecom, a Chicago, Illinois corporation recently purchased Telecom Affiliates, a Colorado Corporation and E-Telco Agents also incorporated in the state of Chicago.

Corporate Acquisitions Group (CAG) represented the buyer in this purchase, as well as Telecom Affiliates to ensure a smooth sale for both parties. The date of official transfer of ownership was September 12, 2006. All assets, employees, and clients are now serviced by Chain Telecom.

Chain Telecom currently represents over 2,500 telecom clients for local data equipment and internet services, which are provided by the major telecommunications companies primarily in the Midwest and Rock Mountain Region.

With the acquisition of Telecom Affiliates and E-Telco Agents Chain Telecom adds to its already impressive stable of assets that will ensure its future as a powerful force in the telecom industry.

This multimillion dollar sale was facilitated with the help of Corporate Acquisitions Group, representing both the buyer and one of the purchased companies. Corporate Acquisitions Group is based in Colorado, and specializes in representing businesses, private equity firms, hedge funds, and high net worth individuals in both finding businesses for sale, and helping to facilitate the sale of existing client businesses.

Chain Telecom is pleased to acquire the businesses of both Telecom Affiliates and E-Telco Agents. The transaction was smooth, and we are pleased with the valuable assets gained from the purchase. We believe this acquisition will provide the needed resources for the continued growth of Chain Telecom as a company. Explains John Sparks.

As the telecom industry continues to consolidate, the acquisition of both Telecom Affiliates and E-Telco Agents illustrates the further consolidation of such companies purchased by larger organizations in an effort to increase profitability without incurring unreasonable costs in the process.

Corporate Acquisitions Group provided the valuation of the companies purchased, as well as consulting for both the buyer and one of the sellers in the transaction.

For more information on Corporate Acquisitions Group please visit our website.
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#4 Consumer Suggestion

Ty Tymkovich

AUTHOR: Dan Tanna - (U.S.A.)

It's interesting in Tymkovich's response that he lists his phone number as 720-235-3155. That phone number is assoicated to Telecom Affiliates of Colorado, not Corporate Acquisitions Group where Tymkovich is currently the president.
If you do a simple internic search you will see that the registrar of Corporate Acquisitions Group's website is Telecom Affiliates.

But, Corporate Acquistions Group has this press wire release on the internet where they extole the merits of this business deal they brokered where they valued and assisted in the sale of Telecom Affiliates to another company.

Was Tymkovich working for the company his other company "valued"? Of course there is absolutely no information that Telecom Affiliates ever was a viable company anyway, and they appear to have dissolved their corporation before the sale ever took place. So what did this company buy when they bought Telecom Affiliates? ...a ghost company?

Mr. Tymkovich: Did you work for Telecom Affiliates? Are they or were they ever a viable company? Did Corporate Acquisitions Group value Telecom Affiliates on information you provided as an employee or owner of the company?

Just asking....
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#5 REBUTTAL Individual responds

Juvenile

AUTHOR: Ty - (U.S.A.)

Nice personal attack. Its not true and I am happy to show anyone interested enough to call me directly information on pulling my record in Colorado and validating there are no convictions as is alluded to. Official government contacts...not just words I type. Whoever wrote this is welcome to respond, but leave your number and a way to reach you or forever hold your peace. I am grown up enough to leave mine. Do the same or show your lack of credibility. That way all your comments can be looked at and given credibility or given the lack there of if your afraid to share who you are. Ty Tymkovich - 720-235-3155
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