• Report: #462421

Complaint Review: Global Acquisitions Group

  • Submitted: Wed, June 17, 2009
  • Updated: Wed, August 11, 2010

  • Reported By:San Clemente California
Global Acquisitions Group
14 Inverness Drive East Suite H-236 Englewood, Colorado U.S.A.

Global Acquisitions Group Replaces Corporate Aquisition Group Ben Parker indicated that he had buyers ready and able to buy my business. In this economy this was great news but how did he know anything about me, he doesn't. Englewood Colorado

*Consumer Comment: contempt judgement + trial starts Dec. 2010...

*Consumer Comment: Ty Tymkovich SUED by Colorado AG office for fraud

*Consumer Comment: Thor Schrock

*Consumer Comment: Important: more information on Corporate Acquisitions Group / Global Acquisitions

*Consumer Comment: Don't believe the rebuttals here - Global Acquisitions is a scam

*Consumer Comment: Stay away from Ty Tymkovich

*Consumer Comment: Read

*Consumer Comment: Read

*Consumer Comment: Read

*Consumer Comment: Read

*Consumer Comment: Hi Ty!!! Scams, fraud, lies, fear, theft, threats, intimidation. Corporate Acquisitions Group, Global Acquisitions Group.

*Consumer Comment: Liars

*Consumer Comment: verfication - Judi Stahlecker

*Consumer Comment: Scam, fraud, lies, fear, theft, threats, intimidation. Corporate Acquisitions Group, Global Acquisitions Group, criminal president.

*Consumer Comment: Huh - NOT TRUE

*Consumer Comment: Global Acquisitions/Corporate Acquisitions real estate license revoked in Co., previous/pending criminal history, rated "F" by BBB

*Author of original report: Global Acquistions

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As mentioned earlier I was approched by this company and Ben Parker in particular asking if I wanted to sell my business. He and a Rick a little later made the same claim that they have active buyers looking for what I do. This sounded good but he has no idea what I do and how large/small I am. After a short phone converation to get some preliminary data it was determined that they did have reason to move forward and scheduled an in-depth review of my business. All I had to do was send 4 years of tax returns to give them the backround needed for the call.

At this point I started to search for this Global Acquistion Group on the WEB and found nothing. I then used the e-mail address in hopes to track it back to a Web site and this worked. There is limited information available there but it did confirm the information that I was given but the contact tab was blank.

I then requested that they give me something that would give me a better idea what they were and how they worked. I was given an e-mail back with some reference material and was told to expect a call very soon from Rick. This reference material was pdf files from the SBA not anything to do with the company. Another document said that in order to move forward I would have to do an in depth accounting review before we even started and this would cost anywhere from $3,500 to $30,000.

Rick did call and basically covered the same ground. He does the next interview that would take a couple of hours and he had to have the financial data earlier to get prepared. He sincerely added that Ben wouldn't be doing this if they didn't have a buyer. He then went in to the accounting review that had to be done before I would get anything in return with the guarentee that it would be refunded if they couldn't provide a buyer within a year.

Then this morning I got an anominous phone call that indicated that this company may not be what I thought it was. Additionally they gave me the information that they had just changed their name from Corporate Aquisitions Group and to look them up on the web to get more details.

I did look them up and they popped right up on a standard search. I read the reviews that indicated that the business is getting these accounting contracts and then not giving buyers or refunds. Whether all of the info on this is true I do not know but it was disconcerting to say the least.

I then sent an e-mail to Ben Parker and Rick asking for clarifacation on the information that I found. He replied that he knew nothing of this company other thatn they were being confused with them. That they were in fact not even connected. He then cancelled the in-depth meeting.

Well this little lie about not knowing the other company is just not true. They are both in the exact same building and suite in Englewood Colorado. Half of the empoyees listed on both sites are the same. I find this a little hard to be coincidence.

This group is not reputable in my opinion. They appear to suckering businesses for accounting referals and can not deliver on the promise of preapproved ready to go customers for my business. I hope that warning atleast give som eothers a heads up prior to engaging with these people.

Gotcha
San Clemente, California
U.S.A.

This report was posted on Ripoff Report on 06/17/2009 07:27 PM and is a permanent record located here: http://www.ripoffreport.com/r/Global-Acquisitions-Group/Englewood-Colorado/Global-Acquisitions-Group-Replaces-Corporate-Aquisition-Group-Ben-Parker-indicated-that-he-462421. 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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#1 Consumer Comment

contempt judgement + trial starts Dec. 2010...

AUTHOR: Justin Davis - (United States of America)

Attorney General announces $160,000 contempt judgment against business broker Tyrone Tymkovich









DENVER Colorado Attorney General John Suthers announced today that an Arapahoe County District Court judge has ordered Tyrone E. Tymkovich (DOB: 12/30/1967) of Aurora to pay $160,000 after he violated a Feb. 18, 2010 order barring him from soliciting businesses as a broker.

According to the contempt judgment, Tymkovich admitted to continuing to solicit businesses using the alias Adam Smith for a New Jersey based company, HDI Consultants.  The contempt judgment permanently bars Tymkovich from continuing any solicitation or sales of his broker services. Tymkovich also admitted to failing to make proper disclosures while acting as a business broker, including that the likelihood of (Tymkovich) selling a business is less than one out of a hundred based on past performance and that [Tymkovichs] company has generated more than $2.8 million in revenue from monies collected for valuations, yet it has earned less than $100,000 from actual sales of businesses.

The Office of the Attorney General filed a lawsuit against Tymkovich, and Sam Levine (DOB: 2/1/1967) of Castle Rock on suspicion that they, through their two Englewood-based businesses, defrauded more than 700 businesses in Colorado and other states between July 2006 and September 2009. According to the complaint, Tymkovich, Levine or their employees at Englewood-based Corporate Acquisitions Group and Englewood-based Global Acquisitions Group would approach small businesses and inform them that either buyers were interested in acquiring their firms or their businesses could be sold. Tymkovich, Levine and their employees are accused of convincing more than 700 businesses in Colorado and other states to allow them to conduct an appraisal of their business for $5,000. Of the $5,000 Tymkovich and Levines businesses collected from their clients, only about $1,000 of the fee was actually devoted to completing the appraisals. 

Tymkovich and Levine also are alleged to given the clients a money-back guarantee in the event of no sale occurring. However, Tymkovich and Levine only followed through when a business complained to either the Better Business Bureau or the authorities, according to the complaint.



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#2 Consumer Comment

Ty Tymkovich SUED by Colorado AG office for fraud

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

Tyrone Tymkovich and Sam Levine have been sued for their "fraudulent appraisal scheme". See the Denver Post article here: http://www.denverpost.com/ci_14029427.

If you have been a victim of Ty or Sam, please contact Jay Simonson at the Colorado Attorney General office. They are seeking restitution for Ty's numerous victims.

The full article:

"A pair of Colorado businessmen are accused of persuading more than 700 businesses in this and other states to pay thousands of dollars for unnecessary net-worth appraisals, Colorado Attorney General John Suthers' office said Friday.

Businessmen Tyrone Tymkovich of Aurora and Sam Levine of Castle Rock and their businesses, Corporate Acquisition Group and Global Acquisitions Group were named in a lawsuit filed in Arapahoe County that accuses them of convincing small-business owners that potential buyers were ready to acquire their firms and needed an appraisal.

Of the $5,000 the men charged for their service, just $1,000 of the fee was actually devoted to the appraisal. They also are accused of overstating their business success in order to lure clients and of giving money-back guarantees they didn't always honor.

Suthers is seeking restitution for victimized businesses and an injunction against future fraud."


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#3 Consumer Comment

Thor Schrock

AUTHOR: John F. - (U.S.A.)

The website tytymkovich is up and running, but I wonder why "Thor Schrock" would expend so much of his personal resources on this crusade? Even though he says he got ripped off by Ty and the scam should have been obvious right away, he was too suspiciously supportive of Ty for too long.... even had himself linked up as one of Ty's friends on Facebook...now all of a sudden he's jumped ship?

Thor will ask for copies of documents and will want to know who you are. Be cautious... don't go for it. He may be legit but consider the possibility that "Thor Schrock" is a front for a Ty spy. You don't want to put yourself at risk.

Instead, contact the FBI and/or the Denver DA's office with your case. They are the only ones who can help you, and they are anxious to put Ty behind bars. With your help, perhaps we will succeed.

John
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#4 Consumer Comment

Important: more information on Corporate Acquisitions Group / Global Acquisitions

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

More, updated info can be found on Corporate Acquisitions Group / Global Acquisitions at this blog:

http://www.thorschrock.com/2008/12/30/corporate-acquisition-group-scam-or-business-opportunity/

The guy has had an interesting experience with Ty Tymkovich. Sounds like he is starting a website called www.tytymkovich.com, so other people can post their experiences. This should be interesting.
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#5 Consumer Comment

Don't believe the rebuttals here - Global Acquisitions is a scam

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

I agree, do NOT do business with Global Acquisitions or Corporate Acquisitions Group. They are the same company, look it up on the BBB, or on the links at a report filed on (((Redacted))).

Both companies are run by Ty Tymkovich, also known as Rick Webber or Ben Parker. Notice how he chooses pseudonyms that are also fictional characters? Makes it hard to find stuff through google.

All the rebuttals here are by Ty. One strategy he uses a lot is to ask why these complaints are always made anonymously. The guy is obviously disturbed and he has had harassment charges filed against him. Therefore, most people are sensible and do not want to reveal their true identity. Makes sense to me. But don't just go by these complaints. Go to the government websites listed above and check out all the charges filed against Ty Tymkovich, and all his "guilty" pleas. Then decide for yourself.



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#6 Consumer Comment

Stay away from Ty Tymkovich

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

Tyrone (Ty) Tymkovich is a liar and a thief. My company was also a victim of his scam, artfully designed and executed. I was told there was a buyer for our business (there wasn't), I was given a list of terrific references and satisfied customers (lies), and completely mislead along the same path as many others to being taken for many $$thousand that I won't see again. Ty had all the angles figured out, so there's no escape once you get trapped. He may be a criminal, but he's no dummy. By the time I try to sue his company for default on the contract by misrepresentation, fraud, and forgery, Corporate Acquisitions will only exist in the history books.

I urge anyone who has been contacted by any company or organization associated with Tyrone Tymkovich to walk away. If someone is truly interested in buying your business, they'll contact you directly.

Ty will try to convince you that everything published on the internet about him are just disgruntled employees or clients who have an unjustified grudge. Or that he's been "charged" for crimes, but not "convicted". (which isn't true.. Ty HAS plead guilty to forgery and theft). And the complaints to the BBB are just that... frivolous complaints that he's more than willing to resolve but the clients are evil and won't try to resolve them.

C'mon Ty, wake up. You may be smart enough to pull of your scam, but don't presume that everyone else is stupid. You took advantage of me, but I hope the next business owner will read this and won't get suckered like I did. The hardworking majority of Americans live our lives earning an honest buck one at a time without compiling all these complaints, accusations and violations of law against us. Your company (Corporate Acquisitions) has only been in existence 3 years. To have accumulated such a vast number of complaints means you must have been working hard to anger a lot of people. At only 40-something years old, how do you do that?

Easy. You lie, cheat and steal. And you feel no remorse about it. You are diseased; you believe in the lies you tell others. There is no cure for you, only prison.

You'd love for all of us to leave our detailed information about who we are.... but we won't. You are irrational and have proven violent (you have been charged for crimes of violence against others), and the safety of our families is our primary concern. So, we remain anonymous except for the investigative and enforcement agencies we are working with. Deal with it.
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#7 Consumer Comment

Read

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

You may wish to read the difference between a conviction and a charge. All of the ones listed above were dismissed. There was no conviction. Failure to provide insurance means someone didn't show proof of insurance on a pull over traffic stop. When its dismissed it means proof was provided. Possible that the insurance card was lost? 1989? As noted on the same site, all charges were dismissed. So there was no conviction as you say. Why don't you share your name and someone can pull your record? Just put your name and birth date up here, so we can all see who is writing this? you so desire credibility, but you hide behind not putting your name out there. Put it out there for all to call and verify.

Again, to anyone who reads this junk, you can write anything and use any wording you like. Its interested how this person uses the word CONVICTIONS when the charges noted above clearly show on the Denver site as DISMISSED. That sure is a huge difference. But why not say it. Because its fun to do this.

Write what you want. You will find a little truth in anything, but a lot of lies in this. use this persons very own references to look up this information. you will find its dismissed.
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#8 Consumer Comment

Read

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

You may wish to read the difference between a conviction and a charge. All of the ones listed above were dismissed. There was no conviction. Failure to provide insurance means someone didn't show proof of insurance on a pull over traffic stop. When its dismissed it means proof was provided. Possible that the insurance card was lost? 1989? As noted on the same site, all charges were dismissed. So there was no conviction as you say. Why don't you share your name and someone can pull your record? Just put your name and birth date up here, so we can all see who is writing this? you so desire credibility, but you hide behind not putting your name out there. Put it out there for all to call and verify.

Again, to anyone who reads this junk, you can write anything and use any wording you like. Its interested how this person uses the word CONVICTIONS when the charges noted above clearly show on the Denver site as DISMISSED. That sure is a huge difference. But why not say it. Because its fun to do this.

Write what you want. You will find a little truth in anything, but a lot of lies in this. use this persons very own references to look up this information. you will find its dismissed.
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#9 Consumer Comment

Read

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

You may wish to read the difference between a conviction and a charge. All of the ones listed above were dismissed. There was no conviction. Failure to provide insurance means someone didn't show proof of insurance on a pull over traffic stop. When its dismissed it means proof was provided. Possible that the insurance card was lost? 1989? As noted on the same site, all charges were dismissed. So there was no conviction as you say. Why don't you share your name and someone can pull your record? Just put your name and birth date up here, so we can all see who is writing this? you so desire credibility, but you hide behind not putting your name out there. Put it out there for all to call and verify.

Again, to anyone who reads this junk, you can write anything and use any wording you like. Its interested how this person uses the word CONVICTIONS when the charges noted above clearly show on the Denver site as DISMISSED. That sure is a huge difference. But why not say it. Because its fun to do this.

Write what you want. You will find a little truth in anything, but a lot of lies in this. use this persons very own references to look up this information. you will find its dismissed.
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#10 Consumer Comment

Read

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

You may wish to read the difference between a conviction and a charge. All of the ones listed above were dismissed. There was no conviction. Failure to provide insurance means someone didn't show proof of insurance on a pull over traffic stop. When its dismissed it means proof was provided. Possible that the insurance card was lost? 1989? As noted on the same site, all charges were dismissed. So there was no conviction as you say. Why don't you share your name and someone can pull your record? Just put your name and birth date up here, so we can all see who is writing this? you so desire credibility, but you hide behind not putting your name out there. Put it out there for all to call and verify.

Again, to anyone who reads this junk, you can write anything and use any wording you like. Its interested how this person uses the word CONVICTIONS when the charges noted above clearly show on the Denver site as DISMISSED. That sure is a huge difference. But why not say it. Because its fun to do this.

Write what you want. You will find a little truth in anything, but a lot of lies in this. use this persons very own references to look up this information. you will find its dismissed.
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#11 Consumer Comment

Hi Ty!!! Scams, fraud, lies, fear, theft, threats, intimidation. Corporate Acquisitions Group, Global Acquisitions Group.

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

Here is where you can see the 11 convictions for Tyrone Tymkovich, you can find 2 extra if you search for Ty, not Tyrone(hint!!!):

http://www.denvergov.org/apps/newcourt/court_select.aspx

Case Number: 89C317793, Denver County, Colorado

Violations:
42-2-130 -Mandatory surrender of license or permit for DRUG convictions.
42-4-1213 -No Proof of Insurance.
42-2-101 -Licenses for drivers required.

Location: Lookout Mountain Park

The Denver District Attorney's Office

Second Judicial District
201 W. Colfax Avenue
Denver, Colorado 80202
email address is: info(at)denverda.org

Regarding the flaccid retort about the BBB and resolved complaints:

http://www.bbb.org/denver/business-reviews/business-brokers/corporate-acquisitions-group-in-englewood-co-90016713

These complaints concerned :
6 regarding Contract Issues
1 regarding Delivery Issues
1 regarding Guarantee or Warranty Issues
2 regarding Refund or Exchange Issues
1 regarding Service Issues

These complaints were closed as:
2 Resolved
4 Unresolved
5 Administratively Closed


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#12 Consumer Comment

Liars

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

This stuff is great! This Ty guy must be the Devil himself. I read online that all the unemployment is his fault too. I also heard he ran several of the banks that went out business. He made all the bad loan decisions for Citibank, Wells Fargo, and bank of America. All of them. He is the sole reason that our economy has failed. I hate this guy. He also worked for AIG under an assumed name. As their CEO. Wasn't AIG the start of all the worlds' woes? He was the reason for all this. I might add, I can prove beyond a reasonable doubt that he is the reason the State of California is bankrupt and that there are 4 million unemployed people. Also, though I can't prove it, but I can show you articles that would indicate he is the reason for every foreclosure that ever happened in the last 12-18 months. They think foreclosures before that are Sam Levine's fault. But obviously, these two are VERY bad news! Stay away, and protect this country.

People, read what I just wrote. You can write anything, anytime, and it doesn't have to be true. The internet is great. Let's wreck some lives. Legislation is coming that will force people to validate identity on posting sites like this. That will be the end of this. People won't put their names to it. Good luck harming people when you have to validate your name and identity with a 25 cent credit card charge for validation. Ha-ha. Good luck them. You will have to find a new method.

I heard Bill Gates robbed a bank to start Microsoft. Warren Buffet and Donald Trump turned tricks on the street. I heard that Billy Joel smokes $100 marijuana filled joints up his butt. Wow. Its fun to lie isn't it. I might do this more. It is fun to screw with people.
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#13 Consumer Comment

verfication - Judi Stahlecker

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

I verified your information. I pulled his record as well. There are no arrests at all either criminal or motor vehicle for anything relating to substance abuse or alcohol. no charges or convictions at all. The 03/24/07 charge was entirely dismissed. Not sure why. it wasnt taken to trial, it was dismissed entirely. The 11/25/08 citation we already talked about. If you go in to the court and read the ticket it has to do with double parking charge at a concert. How does that effect doing business. Look it up. has nothing to do with business at all. Your link didnt come through for Sam Levine, so I cant verify that or find anything, but I will gladly comment if you do post it. it appears it was redacted. Lastly regarding the arrest in 1996, you might want to read the file. It also has nothing to do with business. He claimed 6 extra weeks of unemployment. The charges were dismissed all but a misdemeanor which stayed on the record. He paid it back plus a triple damage fine on the funds. Not sure what the motivation was, but honestly, it really doesnt matter to today. As to the Attorney General, maybe you are right or not. They did tell me an ex employee by the name of Judi Stahlecker filed a complaint. They indicated they have no complaints from actual verified consumers. They have asked for and received cooperation from the principals of the business.

I did a little look into this Judi Stahlecker, and she has a complaint for harassment from the Washington State Attorney General as well for her calling tactics. its interesting she files a vindictive complaint against this company, and she is as bad as they are. But even if she is not, she sold their product. Which she now has decided for some reason she wants to get even. See Case # 342036 in Washinton. Filed complaint specificall against Judi. doesnt matter to me. Really doesnt. Same as it doesnt matter to you above. You dont care, you do this for fun.
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#14 Consumer Comment

Scam, fraud, lies, fear, theft, threats, intimidation. Corporate Acquisitions Group, Global Acquisitions Group, criminal president.

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

One can find all of Tyrone E. Tymkovick's arrest records in Denver county here, with a simple search for his name, and his date of birth 12/30/67. There are ten records, ranging from multiple counts of threats to to person/property, to various driving under revocations and without legal insurance because of previous drug/alcohol "issues", and to theft over $1,000. He is currently under unsupervised probation, pending further arrests.

http://www.denvergov.org/apps/newcourt/court_select.aspx

Case Number: 07GS172767

Violation Date: 03/24/2007. Tyrone E. Tymkovich was arrested at 10200 East Harvard Avenue, which is a retirement community. Tyrone Tymkovich was arrested here for 2 counts of "disturbance of use by phone", and one count of "threats to person/property".

Case Number: 08GS064463

Violation date: 11/25/2008. Tyrone E. Tymkovich was arrested at 11th and Auraria Parkway for "disturbing the peace" and again to "threats to person/property". Sentenced to a substance abuse treatment program and an anger management program. He has only completed the substance abuse program at this time.

Case Number: 96GS853692

Violation Date: 12/13/1996. Tyrone E. Tymkovich was arrested at 7550 Pena Boulevard for theft of over $1,000.

It is no secret that Ty Tymkovich and Corporate Acquisitions Group/Global Acquisitions are currently under investigation by the Colorado Attorney General.

You can read about Sam Levine and his grant scams here:

(((Redacted)))

And here:

(((Redacted)))

It is remarkable and worth pointing out that the previous poster changes pronouns from "them" and "they" to "we", admitting that they are in fact representatives of Corporate Acquisitions/Global Acquisitions Group.



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#15 Consumer Comment

Huh - NOT TRUE

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

Wow that sounds so bad when taken in that context. I too did some research on all these accusations. Here is what I found. I will first address the state of Colorado Real estate Division. I have confirmed that the license status change had nothing at all to do with Global or Corporate Acquisitions. Nothing at all. Apparently it had to do with not reporting a conviction in the past (1992) on a real estate application. I checked on that conviction with the Arapahoe County Court. It has been dismissed completely as all terms being met. The charge is dismissed. Regarding the other charge noted, in Denver County, I pulled the public file, which you can too. The nature of that charge has nothing to do with Corporate or Global either. Nothing. It has to do with Mr. Tymkovich being double charged for parking at an event and not wanting to pay. He walked off and told the police the only way they would get money again is to arrest him. They did. That case too is scheduled to be completely dismissed in March of 2010.

In regards to having a license, you don't have to have one in most states to sell a business. So this is not a crime. In fact, I dialed the company and asked for references and how they do this. They said they provide a licensed broker in whatever state they are doing business in that they contract with. You can pick him or they will from the IBBA site. So they do comply if there is real estate, but you don't have to license to do this.

Regarding the BBB, Corporate has 6 complaints. They failed to respond to one of them in time. Hence losing their accreditation. They also agreed to pay someone back and then changed their mind on the refund. I asked for proof of refund payments and they offered 15 different clients that I called 6 of that confirmed payment. I looked them up online myself, so they were not plants. They do pay back money.

Two things left...Regarding the alleged or confirmed association with Alliance or Marvin Hicks. If these guys were involved, why they were not charged. I am sure we all know someone bad. Does it mean we are bad? I called the US Department of Justice. No investigation going on about Global or Corporate or Tymkovich or Levine. End of story. They had nothing to do with the other activity whoever writes this is saying they were connected to. Just call the same quoted sources and ask. These guys were not investigated. I also asked them if they would list the business without a valuation cost and they said yes and sent me a no cost contract. So, perhaps they encourage valuations, but why wouldn't they? Who really wants to purchase a business in this economy without knowing what its worth? Not me, and I bet not one of you.

Lastly, the information on Sam Levine is nowhere to be found. I asked about this and was told that Mr. Levine never worked for any such group. Ever. So I am not sure where this came from.

Asked for a reference for business they have sold, I was provided a sale from SB WOODWORKING in Wichita, KS. Look them up in the phone book. Transaction completed last week of June 2009. They do sell businesses. I called. Both new owner and owner verified.

I asked why the new company, and the answer was simple, and in my opinion candid. There is someone writing anonymous posts to sites like this that does not put their name to their work, and appears to just be interested in providing truth that suits their point of view. No explanations. Just things they pick up that they know will hurt reputation. I don't care either way, but its fair that things written are backed up. Don't believe everything you read on the Net. It's not verified. This post serves as a little further information about the above post. The above post isn't entirely factual, those it has some truths. It connects this company to others that were never owned or operated in any way by the principals of this company. It alleges they only care about valuations, which isn't necessarily true, and it provides information which sounds like they lost licenses in regards to this business, which is 100% not true. According to the State regulators, this action had NOTHING to do with their business at Corporate or Global Acquisitions. Nothing at all. It sure does sound good when you write like that. Check the information you read before you decide to do business or not.
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#16 Consumer Comment

Global Acquisitions/Corporate Acquisitions real estate license revoked in Co., previous/pending criminal history, rated "F" by BBB

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

Global Acquisitions Group is Corporate Acquisitions Group. 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" 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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#17 Author of original report

Global Acquistions

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

While I posted on this site about Global Acquisitions being a company of some question I have since been given some additional information trying to clarify the situation. They apologized for giving me wrong data and provided me the story on what they are trying to accomplish with the new company. While at this time I have not used this company to move further with my quest I believe they were just a little over zealous in the sales approach and then gave out some erroneous data that they should have thought through a little better.
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