• Report: #531192

Complaint Review: American Independent CApital Group + Sam Arnold + Linda Arnold + Li Dong Ling + John Vickers

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  • Submitted: Mon, November 30, 2009
  • Updated: Wed, December 02, 2009

  • Reported By: Mark — Internet Korea (south)
American Independent CApital Group + Sam Arnold + Linda Arnold + Li Dong Ling + John Vickers
SuYuan Office Complex #61624 - Beijing Internet China

American Independent CApital Group + Sam Arnold + Linda Arnold + Li Dong Ling + John Vickers Investments-In-China Fraudulent Financing & Funding Company charges large up-front fees and then produces nothing but excuses Beijing, Internet

*Consumer Comment: Rebuttal is Utter Hogwash

*REBUTTAL Individual responds: AICG's Rebuttal

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Since the first fraud alert was first issued on Fraudwatchers, Diligizer, and Rip-Off Report about Sam Arnold & American Financial Group two months ago, we have received emails from 36 victims which we have turned over to Interpol, the U.S. Embassy in Beijing, and the FBI in Los Angeles. We have no idea how many other victims there may be. Thus far the 36 victims account for over $29 million in fraudulent transactions. AICG is now using proxy front men to put out fabricated rebuttal posts and free phony news releases making extravagant claims of funding millions of dollars. We have traced every news release to its source and find the same story: [B] 1. The news releases were issued by AICG - NOT the company who allegedly was funded. [B] 2. The companies all paid AICG huge up-front fees OVER 1 YEAR AGO and ARE STILL WAITING FOR PROMISED LOANS that never arrive.[/B] 3. Neither the Arnolds or AICG are registered as direct lenders with the ABA, SEC, FTC, nor any other government agency and since Interpol opend their money laundring investigation of AICG, all three company officers (John Vickers, Homer Burks, and Sam Arnold Jr. [continued below]....
.....) have married Chinese women to avoid extradition and prosecution in other countries. 4. The Arnolds claim to be an exclusive agent for the AFL-CIO pension fund but the AFL-CIO fund managers in New York deny any knowledge nor affiliation with the Arnolds or AICG. 5. The only references AICG provides people that can be verified is a local Chinese law firm whose lawyer is dating an AICG secretary. They have been blacklisted by every American and U.K. Bank, and it is only a matter of time before they pack up move to another office and open up yet another new company. (The Arnolds have owned an operated 37 Nevada, Panama, Bahamian, and Delaware Corporations/IBC in the last ten years and the average lifespan for one of their companies is 9 months before their phone numbers have been disconnected).[/B] The Arnolds remain fugitives today, and are wanted in the U.S. for various frauds, assault, and tax evasion as documented in the initial fraudwatchers post (see links and wanted posters). They are not on the FBI's most wanted list but are wanted none the less as the State of California and U.S. Marshal's Service will confirm for you. He is also wanted for delinquent child support ($8,475 in the State of California) and $247,385.00 in back taxes (IRS lien registered in Butte County, California) http://www.cslb.ca.gov/GeneralInformation/Newsroom/MostWanted/SamuelNevielArnold.asp http://www.buttecounty.net/SheriffCo...hives%20A.aspx http://www.buttecourt.ca.gov/online_index/CMSCaseDisplay.cfm?URLCaseNumber=147188 http://www.newsmodo.com/display.jsp?id=1475552 http://www.usdoj.gov/whatwedo/whatwedo_if.html http://www.acf.hhs.gov/programs/cse/ http://www.childsup.ca.gov/ http://www.childsup.ca.gov/LinkClick...bid=36&mid=386 AICG & Arnold will most probably continue to lure victims with bogus press releases and continue to use paid proxies to post phony blog claims and give positive references on pre-paid cell phones. They are extremely resourceful and cunning and their frauds have always been sophisticated and believable - on the surface. Please note that a careful examination of an AICG contract provided to us by one of their victims reveals that their "clients" (dupes) are liable for all fees in full even if loans/funding/financing is never secured, and the client has no legal recourse since the legal venue is always China. (Chinese courts are very much like Mexican courts only worse - the lawyer with the biggest bribe always prevails. Further, unless you are an 800 pound Gorilla like Microsoft, or the subject of a highly-publicized media story, the western plaintiff never wins against a Chinese company or defendant) Red Herring posts need to be flagged so people are not misled to believe this massive fraud scheme is a joke. [B]We urge the utmost caution and PROFESSIONAL DUE  DILIGENCE if contacted by the Arnolds, their brokers, or lured by free ads or phony news releases that they place in China Daily, The Beijinger, and numerous other international newspapers and magazines that offer funding solutions.[/B]

This report was posted on Ripoff Report on 11/30/2009 10:09 PM and is a permanent record located here: http://www.ripoffreport.com/r/American-Independent-CApital-Group-Sam-Arnold-Linda-Arnold-Li-Dong-Ling-John-Vickers/internet/American-Independent-CApital-Group-Sam-Arnold-Linda-Arnold-Li-Dong-Ling-John-Vicke-531192. 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.

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REBUTTALS & REPLIES:
0Author 1Consumer 1Employee/Owner
Updates & Rebuttals

#1 Consumer Comment

Rebuttal is Utter Hogwash

AUTHOR: Scam Patrol - (United States of America)

Recent rebuttal by AICG president John Vickers, a former English teacher turned accomplice of Sam and Linda Arnold (American Fugitive Principals of American Independent Capital Group) simply does not hold water. Unsubstantiated denials cannot refute the below documented history links of Sam and LInda Arnold who are wanted in the United States for criminal prosecution for various frauds, tax evasion, and child support delinquencies. We did our homework and we urge the public to do theirs before undertaking any dealings with this group which must operate from the People's Republic of China to avoid extradition and prosecution.  The following links are self-explanatory and we urge the victims of AICG (no matter how embarrassed or humiliated you may be) to share your horror stories on these pages (assuming you can understand and speak English).

http://www.buttecounty.net/SheriffCo...hives%20A.aspx

http://www.fraudwatchers.org/forums/showthread.php?t=34886

http://www.buttecourt.ca.gov/online_...eNumber=147188

http://www.cslb.ca.gov/GeneralInform...vielArnold.asp

http://www.buttecounty.net/SheriffCo...hives%20A.aspx

http://www.newsmodo.com/display.jsp?id=1475552

http://www.usdoj.gov/whatwedo/whatwedo_if.html

http://www.acf.hhs.gov/programs/cse/

http://www.childsup.ca.gov/

http://www.childsup.ca.gov/LinkClick...bid=36&mid=386


We further challenge AICG and Mr. Vickers to publish their Banking, Legal, and Accounting References on these pages along with the names and verifiable telephone numbers of their money sources and ten companies they have funded in the last five years.  If Sam Arnold calls himself the CEO of AICG on his contracts and business cards, why is Mr. Vickers the front man all of a sudden?  Is it because Mr. Vickers is not yet convicted of anything, unlike Sam and Linda Arnold whose rap sheet is extensive?  Why would Sam Arnold be making threatening phone calls and emails to our office if he has nothing to hide? We stand by our due diligence report and will always call a spade a spade. God, Santa, and 37 victims all know whose been naughty and nice!  Further, we have contacted and interviewed three former AICG employees including a young Chinese secretary named Fiona who claims she was raped inside AICG offices in 2008 and then fired after reporting the incident to Linda Arnold. She has provided us with email correspondence between herself and Sam Arnold and she also confirms the fraud allegations made by AICG victims and the two other former employees - all of which claim they were threatened by Sam Arnold if they made any disclosures.  After AICG began issuing fraudulent news releases we had intended to publish a list of victims, but were advised not to do so by Interpol and the FBI who are conducting their own investigations. Sam Arnold has used at least six different emails over the last two years and through our investigation we acquired 459 of them (donated by victims) that we will begin publishing on this site
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#2 REBUTTAL Individual responds

AICG's Rebuttal

AUTHOR: AICG - (China)

American Independent Capital Group (AICG) has recently been the victim of a malicious and insulting internet and fax campaign waged by a disgruntled former associate of the company. Using email, fax, and postings on internet forums, this individual has libellously attempted to defame both the company and its employees. By using numerous email addresses and phony identities he has falsely represented himself as a client of AICG, a former client of AICG, a relative of a client, a persecuted whistle blower, and a due diligence researcher. These are just a few of the identities that he has created. He has taken advantage of free speech provisions on US based internet forums that allow him to post lies and defaming material without any checks by the administers of the forums. We must admit that his nefarious attack has been well-conceived and well-executed. The only problem is that almost everything he has written is false.


Of course, all of the internet postings are anonymous or use assumed names. Unfortunately, the nature of communications today allows for this type of cowardly attack to take place. To our knowledge, not one posting, document, or fax has come from our clients, past or present.


Our business operates legally, subject to the laws of the Peoples Republic of China. We strive to serve our clients and fulfil their business needs to the best of our ability. We are not always successful, but our efforts are honest. As in any business, there are sometimes disagreements between our company and our clients, but to date we have been able to resolve them without resorting to litigation. In short, WE HAVE NOTHING TO HIDE, unlike those who choose to conceal themselves with false identities and aliases.


You may have noticed that we have not provided the name of the person responsible for the assaults that we are currently experiencing. We have elected not to do so in this letter, choosing not to openly attack him as he has attacked our company. But his identity is known, and full details of his activities and history will be given to interested individuals upon request.


Please contact us directly if you have any questions about AICG, and please be aware that reading something on the internet does not make it true. If you have any doubts about AICG, or any of our affiliated companies, please give us an opportunity to respond.


John Vickers


President


+86 (010) 6472 8868

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