• Report: #307169

Complaint Review: Glenn A. Neasham - Neasham Financial

  • Submitted: Thu, February 07, 2008
  • Updated: Sun, December 19, 2010

  • Reported By:Lower Lake California
Glenn A. Neasham - Neasham Financial
383 Lakeport Blvd. Lakeport, California U.S.A.

Glenn A. Neasham - Neasham Financial "The Unsafe, Unethical, In-Debt, Money Mad-Man" Lakeport California

*REBUTTAL Owner of company: Civil suit filed, we won,and other case overturned and reversed in full October 2013

*Consumer Comment: Glenn Neasham Arrested

*REBUTTAL Owner of company: False claims

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BEWARE: Glenn A. Nea"sham" best describes this deviant business owners SCAM. For fear of further retaliation, of being stalked/sexually harassed and haunted by him again. Unfortunately, I cannot divulge in detail regarding my specific circumstances. It's hard to believe that someone like this is slithering in our community. Believe me, when I tell you that Glenn is a pathological liar, he is a tyrant to his employees and grossly fabricates how much money he has. Glenn invades small towns, lives off of credit cards; which are finally catching-up with him. He writes phony checks for himself, boasts and shows unsuspecting citizens of the community at random, i.e. in restaurants. grocery stores, post-offices, etc. (extremely pathetic and un-called for) as if they care. He spends all he can on advertising; all part of his delusional wanna-be a celebrity in a small town scheme. He adds logos from the BBB (Non-Member) and Ethics Bureau (under investigation). He CONS seniors out of their retirement funds in his so-called retirement financial business; by enticing them with promises of perks, i.e Local Concert tickets (which he over-commits to others, then, when time to produce he avoids these clients as he does not have the tickets available), he offers to give them percentages of his 'worthless' water company and offers to invest them in his Artec Stock; in which he has them call his insider-trading contacts listed in his cell phone (Questionable? That they are even legitimate). Once he hooks his victim, he goes as far as inviting them for dinner at his house, which he has no equity in; and all rented furniture...he drives them in either a Cadillac Escalade or recently a BMW; all Leased with no equity, of course, it is all STAGED a FACADE to make him look attractive to those less savvy, as Glenn preys on the elderly and vulnerable to fuel his greed. I speak from experience as I was once a client/victim of Glenn A. Nea'sham'. a.k.a "THE UNSAFE MONEY MAD-MAN"...Caution: Repeat Offender Grifter Coming Soon to Harm You and Your Town.

Lower Lake, California

This report was posted on Ripoff Report on 02/07/2008 07:57 PM and is a permanent record located here: http://www.ripoffreport.com/r/Glenn-A-Neasham-Neasham-Financial/Lakeport-California-95453/Glenn-A-Neasham-Neasham-Financial-The-Unsafe-Unethical-In-Debt-Money-Mad-Man-Lakep-307169. 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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Updates & Rebuttals

#1 REBUTTAL Owner of company

Civil suit filed, we won,and other case overturned and reversed in full October 2013

AUTHOR: Glenn - (United States of America)


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#2 Consumer Comment

Glenn Neasham Arrested

AUTHOR: The Eagle - (United States of America)

Businessman arrested on elder theft charge, special allegations PDF Print E-mail

Written by Elizabeth Larson
Thursday, 16 December 2010
LAKEPORT, Calif. A local businessman has been arrested on allegations of theft from an elderly client.

Glenn Andrew Neasham, 50, of Kelseyville was taken into custody by a Lake County District Attorney's Office investigator Tuesday afternoon, according to court and jail records.

He later was released on $20,000 bail.

Neasham known as The Safe Money Guy is owner of Neasham Financial and Insurance Group and OxyboostH20!, based in Lakeport.

He is charged with felony theft from an elder that the District Attorney's Office alleges took place between Feb. 1 and Feb. 28, 2008.

The case, filed by Senior Deputy District Attorney Rachel Abelson, is based on an investigation largely carried out by the California Department of Insurance.

It alleges that Neasham committed theft and embezzlement against the property of the then-83-year-old female client, with the property valued at more than $950.

Neasham is also charged with two special allegations that he took, damaged or destroyed property of more than $50,000 and that the theft totaled more than $100,000.

The investigation was triggered when, in February 2008, the Savings Bank of Mendocino County made a report because the alleged victim came in to take out $175,000 in order to purchase an annuity, according to case documents.

The California Department of Insurance received a report on the case in May 2008 and assigned an investigator who subsequently interviewed the alleged victim, her boyfriend who has been named the annuity's beneficiary and Neasham.

The report stated that Neasham at various times provided information and at other times reportedly yelled at the investigator and threatened to bring legal action for defamation.

The alleged victim's son told the investigator that his mother had Alzheimer's disease. The investigator noted in her report that the woman often seemed confused and also appeared to be under the control of the boyfriend, who case documents indicated had been a client of Neasham's for about 10 years.


Neasham told the investigator he was not aware of an Alzheimer's diagnosis, and maintained that he was working hard to get his client a good return on her money, as he said he had done for other clients.

In late June and early July of 2009, the investigator got copies of Neasham's newspaper ads guaranteeing 13.575 percent returns on first-year investments with his annuities.

When the investigator contacted Allianz Life Insurance Co., for which Neasham is authorized to sell insurance, the company informed her that it hadn't approved the ads.

At the time, Neasham also had a billboard outside of Lakeport advertising the 13.575 percent return.

The California Department of Insurance did not return a call by end of business Wednesday.

However, the agency's online license search showed Neasham's licenses to still be active, with both one for accident and health and one for life insurance set to expire next March.

The database cautions, however, that not all information is current, but it is not clear if licenses can be put on hold while prosecutions take place.

The state database shows no history of enforcement actions against Neasham, who is authorized to sell insurance for Guaranty Income Life Insurance, Lincoln National Life Insurance, London Pacific Life & Annuity, Transamerica Life Insurance, Equitrust Life Insurance, Aviva Life and Annuity and Allianz Life Insurance.

His booking document indicates he's set to appear in court Feb. 7.

E-mail Elizabeth Larson atelarson@lakeconews.com. Follow Lake County News on Twitter athttp://twitter.com/LakeCoNews, on Facebook athttp://www.facebook.com/pages/Lake-County-News/143156775604?ref=mfand on YouTube athttp://www.youtube.com/user/LakeCoNews.

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#3 REBUTTAL Owner of company

False claims

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

I, Glenn Neasham, wanted to take this opportunity to respond to reports that have been posted on www.ripoffreport.com. It is my opinion these false reports are being made by former working members of an LLC where I am also a working member. I believe they are being made maliciously with the intent to cause me harm. These reports are completely false and seek to damage my reputation in the community. I have been operating a business for twenty-one (21) years and have many satisfied clients. I will vigorously defend my reputation against these false, defamatory claims. I want to thank all of my clients for their continued support of me and Neasham Financial.
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