- Report: #943241
Report - Rebuttal - Arbitrate
Complaint Review: Hong Kong Alliance Fund Limited / Wakabayashi Fund, LLC.
Hong Kong Alliance Fund Limited / Wakabayashi Fund, LLC.110 Wall Street Internet United States of America
Hong Kong Alliance Fund Limited / Wakabayashi Fund, LLC. Jeff Stone / Janette Diller Stone / Curtiss Parker / Shruti Khurana Soni / John Harter / Dexter Daran Serial Fraudster, Convicted Felon, Con Artist, Nefarious, Deceptive, Spamming Scam, Fraudulent, Top Line Pitch, Internal Bid Support Internet
*Author of original report: FRAUD: Curtiss Parker, Jeff Stone, Janette Diller Stone, Shruti Khurana Soni / Hong Kong Alliance Fund / Wakabayashi Fund
*Author of original report: Wakabayashi Fund / Hong Kong Alliance Fund Limited - Complete Ripoff
*Consumer Comment: Legal department?
*Author of original report: "BEWARE" Hong Kong Alliance Fund Limited / Wakabayashi Fund, LLC.
*Author of original report: "Beware" Hong Kong Alliance Fund Limited / Wakabayashi Fund / Jeff Stone / Janette Diller Stone / Curtiss Parker
*Consumer Comment: This report sounds pretty accurate.
If it is not your money, and it is shareholders stock, should your firm not act in the best manner and perform due diligence on these known "SERIAL FRAUDSTERS"? I assure each of you reading this "Ripoff Report"; If it were hard-cash and not stock; your firm would perform very strict due diligence efforts before ever engaging with these known "SCAM ARTIST".
This report has been provided to help individuals, executives, companies, shareholders and institutional agents whom are approached for services offered by the mentioned individuals discussed within this ripoff report. By presenting the factual information provided within this posting; may it serve each with enough FACTUAL evidence to make a wise decision prior to having any involvement and being completely scammed out of any stockholders stock.
Before any company listed on ANY stock exchange, private company globally, or any brokering agent ever decides to sign ANY contract agreement for what may seem to be very lucrative: STOP!!! Search the internet utilizing Google search engine and review at least twenty five or more pages deep and seek legal counsel and have them conduct due diligence prior to signing over any cash, stock certificates, and DO NOT EVER in any manner sign over any FREE TRADING shares, period!
GOOGLE: Jeff Stone - Fraud / Jeff Stone Crescent Fund / Wakabayashi Fund Fraud / Curtiss Parker Fraud / Janette Diller Stone - Fraud / Hong Kong Alliance Fund - Fraud
For starts, Jeff Stone is known as a Serial Fraudster whom is a Convicted Securities Felon in the United States has been barred for life for numerous counts of securities fraud by the Securities and Exchange Commission. Upon soliciting your firm claiming to have the ability to provide promising services; Jeff Stone has already pre-existing arrangements to SELL-OFF certificates of stock to several offshore firms pegged purely based upon the company share price, volume, liquidity market cap, etc.
Regardless the present condition of the company financials, and current filings; For Jeff Stone it is all about extracting from your firm a PLUG OF STOCK as a Retainer Fee. It is always in Jeff Stone's favor when dealing with his firms; NOT until you release shares of stock will he lift a finger. Further, he will promise the prospect an Executive Summary within (7) seven business days, regardless. Part of the mechanism which he has designed to lure prospects in desperate need.
However, due to the facts that he states to the prospect/client there is a (30) thirty day back-out clause; Jeff Stone once he has possession of shares in hand, Janette Diller Stone purposely delays efforts for the (30) day back-out clause to expire preventing the return stock certificates. Moreover, once Jeff Stone has the stock certificates; the client has lost the game. Sound familiar?
Jeff Stone having over two decades in the industry; knows good and well for the most part, none of the clients will ever receive funding due to his/his firms years of fraudulent history in the securities industry. As he has always stated: What a better way to make a living ripping off crooks bleeding on the OTC markets.
All Jeff Stone does is prey upon companies in markets which have slim chance to obtain financing. Any positive ebitda firm with assets and wherewithal in need of such services, once they performed due diligence on Jeff Stone: DECLINED DUE TO HIS FRAUDULENT HISTORY
Once the EMAIL SPAMMING SCAM has been deployed, Jeff Stone refuse to act in good faith for the client, perform as promised to determine whether the email campaign respondent even fits in line with the client needs. All Jeff Stone does is forward the email to the client without even having any dialog.
EVERYONE WATCH: THERE WILL BE MANY COMMENTS ON THIS RIP-OFF REPORT STATING WHAT I HAVE DOCUMENTED IS FOR CERTAIN FACTUAL.
Each of you reading this Ripoff Report, I am providing first-hand internal knowledge here based upon working in the trenches with him personally. Having work with Jeff Stone in the past years, (owed several hundred thousand - several million shares of stock) I am willing to provide ample and sufficient factual evidence as to how he works, his firms tactics, and the appealing approach which is utilized to convey his firms slick presentation to those which are desperate to facilitate institutional market awareness, private equity funding, debt financing, bridge loans, equity lines of credit, internal bid support, overhang clean up and sophisticated call center efforts.
SLOW DOWN: Do yourself, your family, your company and, for the common welfare of the companys loyal shareholders; perform deep and strict due diligence measures before ever signing any contractual agreements for services with Tadaharu Wakabayashi, Jeff Stone, Janette Diller Stone, Shruti Khurana Soni, John Hart or Curtiss Parker, another known convicted securities felon; barred for life by the United States Securities and Exchange Commission.
PURE & SIMPLE HANG UP AND STAY CLEAR OF WAKABAYASHI FUND, LLC / HONG KONG ALLIANCE FUND LIMITED
FIRST AND FOREMOST: Have your legal department perform a GOOGLE Search on each of these firms and individuals. Take the time and call any/every single past client which has entered into any contractual agreement with either company Wakabayashi Fund, LLC. / Hong Kong Alliance Fund Limited.
FIND / LOCATE: Bring forward and post for those concerned (1) One Company which has anything beyond decent to say about their experience with these Serial Fraudsters. Omit funding for now. Bring forward (1) One corporate executive, or better yet, have Jeff Stone surface with someone which reports any good news regarding the simplest in nature: A GOOD EXPERIENCE?
Every client will state the very same facts: ONCE they released the demanded shares PLUG OF STOCK for services as promised; Jeff Stone becomes very arrogant and difficult to work with to obtain funding throughout the entire six month contract; not to mention, he will sell off "Free Trading" share into the open market during the six month contract as he did with my client ASX-DGI.
None of the Term Sheets Facilitated have any weight, and for the most part are not within scope of the client needs; PURE HOGWASH.
Everything promised during the Top Line pitch; nothing but Mundane Garbage. Regardless the condition of your company; Jeff Stone will always convey to your company during Opening conference calls that his firm(s) take great interest. Jeff Stone boast Call Center abilities which he claims to staff located in the Philippines.
For grins: take a look at his own public company CXLLE; sub-penny / yield sign / no volume / many 8-K's are pure fraud, and the original website content provided for FINRA to obtain floating status / ticker symbol was fraudulent. Call the companies and speak to the CEO's with the Press Releases.
Jeff Stone claims that his firm has the ability to contact every institutional investor globally regardless where they may be domiciled, the time zone, and regardless the language since they operate 24/7 speaking nine different languages.
Is it true?
YOU MUST STOP ASK YOURSELF? Would any private equity firm allow some minimum wage individual working in the Philippines to ever speak to a lender concerning funding for the firm(s) clients? Of course not, nor does Jeff Stone ever begin any dialog with the incoming emails stemmed from the firms spamming scam efforts.
Although HONG KONG ALLIANCE FUND LIMITED / WAKABAYASHI FUND may lead your eyes to the catchy "Tombstones" which seem to portray results of funding; Not one of the past clients, nor have any present clients ever walked away with any funding to this date. Even the brokering agents which cultivate the clients into the door for Jeff Stone will not get paid for their efforts.
It is a MUST that each individual perform the deepest due diligence measures concerning the past history of Jeff Stone whom for certain runs BOTH operations from the "Helm" in Tokyo, Japan. Regardless the current condition of the companies being solicited on a global mandate - regardless their cash position - regardless whether the company is having severe listing eligibility problems - yield signs, stop signs or caveat emptor; Jeff Stone will still convince the corporate executives with a slick "Top-Line" sales pitch that their company will ferret very well with the list of 500,000 to 2,000,000 institutional investors which he claims to have ongoing established relationships.
Lets answer a couple of questions:
Why has Jeff Stone and Janette Diller Stone decided to ramp up new operations (Hong Kong Alliance Fund Limited) when Wakabayashi Fund, LLC has portrayed to the public a laundry list of companies posted on the company "Tombstones" which reflect to the prospects many examples and years of funding which have taken place?
Answer: Not one client has ever received what they were promised as a prospect. Repeatedly, firms declined to conduct any business once they performed very little due diligence on Jeff Stone. Further his track record demonstrates not one single company has ever receiving funding. The firm has lost too many deals due to continuous fraudulent history.
Why has Jeff Stone and Janette Diller Stone strategically placed Shruti Khurana Soni as Director of Hong Kong Alliance Fund Limited?
Answer: Shruti Khurana Soni has an unblemished record thus far. The strategy having her as the director allows for Jeff Stone to continue in his efforts as an industry SERIAL FRAUDSTER to continue conducting business behind the scenes at the Helm in Tokyo, Japan.
Why does Jeff Stone and Janette Dillerstone elect not to provide "Full Disclosure" as to who all the officers are in the company websites?
Answer: What legitimate firm would do any business with Jeffery Stone / Janette Diller Stone / Curtiss Parker?
Why does Jeff Stone and Janette Diller Stone NOT disclose the fact that Curtiss Parker (Convicted Securities Felon) plays a huge role in soliciting public / private companies for both Wakabayashi Fund and Hong Kong Alliance Fund Limited?
Answer: Convicted Securities Felon / Barred For Life in the USA
Why have over (40) forty brokers / institutional agents departed from his firm(s) if all these companies have received funding?
Answer: Jeff Stone defrauds his agents by not paying them or issuing them their owed shares, clients and demands his staff to perform fraudulently and create fraudulent website information (Chatterbox Call Center CXLLE) for starts. I have the original website created by Dexter Daran (fraudster) which the firm presented to FINRA to obtain ticker symbol.
Why are each of the firms for the most part listed in the company Tombstones all companies which have little fruit?
Answer: Real firms will true substance would never conduct any business with known SERIAL FRAUDSTERS, PERIOD.
Ever visited both firm(s) 110 Wall Street 11 Floor Office New York?
Answer: Jeff Stone wants the prospects to believe he has a presence on Wall Street in New York; the same exist concerning the Hong Kong China office.
Answer: Executive Suite!!! Not one person occupies the spaces; mail drop!!!
Ever Examine Websites? NO DISCLOSURE WHATSOEVER AS TO WHO OPERATES THE FIRMS EXECUTIVES?
DO THE COMPANY SHAREHOLDERS OF YOUR PUBLIC/PRIVATE FIRM AN ENORMOUS FAVOR AND DO SOME SIMPLE DUE DILIGENCE: CALL THE LAUNDRY LIST OF COMPANIES LISTED IN THE PROVIDED "TOMBSTONES" CREATED BY JEFF STONE - "CONVICTED SECURITIES FELON / SERIAL FRAUDSTER" - BARRED FROM SECURITIES INDUSTRY FOR SECURITIES FRAUD.
Based on the "Tombstones"; from the outside it appears that much success has taken place regarding funding. There are many nice charts provided by an individual whom has been paid for services. Catchy words such as "TERM SHEET FACILITATED" / "MULTIPLE TERM SHEETS CONVEYED". ALL " HOGWASH".
All of the listed above; have ever once provided any neither current nor former client with any success regarding funding. Once Jeff Stone runs AMOK with your shares and WAKABAYASHI FUND / HONG KONG ALLIANCE FUND LIMITED HAS THE PLUG OF STOCK ISSUED FOR SERVICES; THE CLIENT IS TREATED IN A WHOLE DIFFERENT PERSPECTIVE PUT POLITELY: LIKE BAT GUANO.
For now, your firm now has ample enough information to get started; save your legal department time and money; obtain a swift and quick decision as to why you should pass.
Start calling the CEO's of past clients; Let them share their horrifying stories of how they were taken for the plug of stock or cash.
Any request for documentation? I have the ability to provide digital recording(s) original website content and email thread which I have previously turned over to Mr. Sean McKessy - Whistleblowers.
Under investigation as we speak; Have clients which will confirm forged signature(s), notary(s) and fraudulent opinion letters, etc, and on and on.
This report was posted on Ripoff Report on 09/18/2012 08:12 PM and is a permanent record located here: http://www.ripoffreport.com/r/Hong-Kong-Alliance-Fund-Limited-Wakabayashi-Fund-LLC/internet/Hong-Kong-Alliance-Fund-Limited-Wakabayashi-Fund-LLC-Jeff-Stone-Janette-Diller-Ston-943241. 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.
If you would like to see more Rip-off Reports on this company/individual, search here:Search Tips
In order to assure the best results in your search:
- Keep the name short & simple, and try different variations of the name.
- Do not include ".com", "S", "Inc.", "Corp", or "LLC" at the end of the Company name.
- Use only the first/main part of a name to get best results.
- Only search one name at a time if Company has many AKA's.
Advertisers above have met our
strict standards for business conduct.
- Business's (11)
- Lawyers and Law Firms (5312)
- Administrative Law (11)
- Admiralty & Maritime Law (27)
- Agricultural Law (2)
- Alternative Dispute Resolution (10)
- Antitrust & Trade Regulation (1)
- Appellate Practice (72)
- Aviation & Aerospace (11)
- Banking Law (90)
- Bankruptcy (380)
- Business Law (232)
- Civil Rights (55)
- Class Actions (30)
- Commercial Law (13)
- Communications Law (1)
- Constitutional Law (1)
- Construction Law (83)
- Contracts (7)
- Corporate Law (75)
- Criminal Law (668)
- Debtor & Creditor (51)
- Education Law (14)
- Elder Law (77)
- ElectionCampaign & Political (0)
- Eminent Domain (5)
- Employee Benefits (7)
- Energy (0)
- Entertainment & Sports (17)
- Environmental Law (43)
- Family Law (13)
- Finance (0)
- Government (14)
- Government Contracts (2)
- Health Care (1)
- Immigration (482)
- Indians & Native Populations (1)
- Insurance (90)
- Intellectual Property (526)
- International Law (33)
- International Trade (0)
- Internet Law (7)
- Investments (1)
- Labor & Employment (12)
- Legal Malpractice (92)
- Litigation (20)
- Media Law (1)
- Medical Malpractice (13)
- Mergers & Acquisitions (0)
- Military Law (5)
- Natural Resources (10)
- Occupational Safety & Health (0)
- Personal Injury (842)
- Products Liability (21)
- Professional Liability (0)
- Real Estate (361)
- Securities (169)
- Taxation (142)
- Technology & Science (0)
- Toxic Torts (0)
- Transportation (2)
- Trusts & Estates (368)
- White Collar Crime (1)
- Wills & Probate (7)
- Workers Compensation (242)
- Zoning, Planning & Land Use (10)
- Legal Services (32)
- Arbitrators/Mediators (7)
- Automotive Expert Witnesses (0)
- Bail Bonds (0)
- Court Reporters (1)
- Electronic Data Discovery (1)
- Expert Witnesses (1)
- Forensic Experts (1)
- Jury Selection (0)
- Legal Assistants (8)
- Legal Speakers (2)
- Litigation Support (2)
- Medical Expert Witnesses (1)
- Other (14)
- Paralegal (5)
- Private Investigators (6)
- Process Servers (7)
- Translators/Interpreters (0)
- Miscellaneous Business Services (19)