• Report: #786821

Complaint Review: IBG | Russell Pike

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  • Submitted: Sun, October 09, 2011
  • Updated: Thu, October 13, 2011

  • Reported By: IBGInfo — Las Vegas Nevada United States of America
IBG | Russell Pike
650 White Drive Suite 120 Las Vegas, Nevada United States of America

IBG | Russell Pike Russell Craig Pike | Internet Business Group Background Check | Criminal Record | Las Vegas, Nevada

*REBUTTAL Owner of company: Steals from NAVY SEALS

*UPDATE EX-employee responds: Correction to Incorrect Information

*UPDATE EX-employee responds: Russell Pike, David Flynn, IBG, IBG.com, Internet Business Group, Dallas, Las Vegas

*UPDATE EX-employee responds: russell pike IBG.com; Internet Business Group, IBG, David Flynn

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These excerpts are from this document from the
STATE OF CALIFORNIA
BUSINESS, TRANSPORTATION AND HOUSING AGENCY
DEPARTMENT OF CORPORATIONS to Russell Craig Pike
(Russell Pike)
titled
DESIST AND REFRAIN ORDER
(~or violations of sections 25110 and 25401 of the Corporations Code)
To read in full you can go to Russell Pike Cease and Desist


"On February 10, 1998, the Mirage Casino-Hotel ("Mirage") filed a lawsuit in Nevada state court, Eighth Judicial District for the County of Clark, against Pike alleging that over a two day period in November 1995 Pike wrote three checks totaling $300,000.00, made payable to Mirage, from an account with insufficient funds. Pike failed to respond to Mirage's lawsuit which led to the Nevada state court entering a default judgment against him on July 7, 1998 and ordering Pike to repay Mirage $300,000.00 plus interest"

"On July 9, 1997, Pike was indicted in u.s. District Court for the District of Nevada on counts of bank fraud, money laundering and aiding and abetting, in connection with his operation of Advanced Cart Technology, Inc. On October 13, 1998, Pike entered a guilty plea to the charge of money laundering. On June 4, 1999, Pike was sent~nced to 59 months in a federal prison, three years of supervised release and was ordered to pay restitution of$2,367,146.00."

"On June 29, 1987, Pike was indictediinSuperior Court of California, County of Orange, on counts of grand theft and forgery. Pike pled guilty to both counts and was sentenced to prison."

The document outlines much more, but this should give anyone an idea of the severity. Do your due diligence when dealing with this person. There are current charges pending as well in the state of Nevada in Las Vegas. Current court date when last heard was in November.

This report was posted on Ripoff Report on 10/09/2011 10:22 PM and is a permanent record located here: http://www.ripoffreport.com/r/IBG-Russell-Pike/Las-Vegas-Nevada-89119/IBG-Russell-Pike-Russell-Craig-Pike-Internet-Business-Group-Background-Check-Crimin-786821. 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 3Consumer 1Employee/Owner
Updates & Rebuttals

#1 REBUTTAL Owner of company

Steals from NAVY SEALS

AUTHOR: Saul - (United States of America)

Logout My Account Search Menu New District Civil/Criminal Search Refine Search Back Location : District Court Civil/CriminalHelpRegister of ActionsCase No. C-11-276261-1State of Nevada vs David Flynn







Case Type:Felony/Gross MisdemeanorDate Filed:09/16/2011Location:Department 5Conversion Case Number:C276261Defendant's Scope ID #:1559668Lower Court Case Number:11F11633Party InformationLead AttorneysDefendantFlynn, David
  Also Known As  Flynn, David Michael
Anthony Patrick Sgro
  Retained
7023859595(W) PlaintiffState of Nevada
David J. Roger
702-671-2700(W)Charge InformationCharges: Flynn, DavidStatuteLevelDate1.  ROBBERY WITH A DEADLY WEAPON200.380Felony06/24/20112.  ROBBERY WITH A DEADLY WEAPON200.380Felony06/24/20113.  ROBBERY WITH A DEADLY WEAPON200.380Felony06/24/20114.  CONSP ROBBERY200.380Felony06/24/2011Events & Orders of the Court   OTHER EVENTS AND HEARINGS09/16/2011  Criminal
Bindover09/19/2011  InformationInformation10/06/2011  Initial Arraignment  (9:00 AM) (Judicial Officer De La Garza, Melisa)MinutesResult: Continued11/03/2011  Arraignment Continued  (9:00 AM) (Judicial Officer De La Garza, Melisa)
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#2 UPDATE EX-employee responds

Correction to Incorrect Information

AUTHOR: Would the real whistleblower please - (United States of America)

Charles "Junior" Johnson was only sentenced to 9 years, not 20.

http://money.ca.msn.com/investing/gallery/gallery.aspx?cp-documentid=23576245&page=7 
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#3 UPDATE EX-employee responds

Russell Pike, David Flynn, IBG, IBG.com, Internet Business Group, Dallas, Las Vegas

AUTHOR: Anonymous - (United States of America)

Russell Pike, David Flynn, IBG, IBG.com, Internet Business Group
The following is a nifty journalism piece that has found its way into my hands:

I would imagine that you get peppered daily with story suggestions from people all over the valley.  While I'm sure that some of the crackpot ideas from equally crackpot readers make for good water-cooler chat, I assume that most are little more than an annoyance as you mark them for deletion. 

Recognizing that I am likely not in good company when I make the following suggestion, I'm going to risk it anyway...
I believe that you've written before on matters effecting or effected by Russell Pike. Russell's storyinvolves a hometown Las Vegas boyson of a successful doctor who retired to Queensridgewho went off to law school in San Diegoonly to be sent to California state prison for two felonieswho moved back to Vegas to go into business as a small entrepreneur with giant aspirationswho claimed, wrongly, to have been the "real" founder of early internet company PurchasePro which saw its CEO, "Junior" Johnson shipped off to prison for 20 yearsand founded and cratered 7+ companies over a span of 25+ yearswho possibly conned and lost $20-$80 million from investors (including many active-duty military personnel, elderly, professional athletes, MMA fighters, rap stars and local business luminaries), lenders, vendors, employeeswho was charged for having written bad checks to casinos for $300K+who purportedly highjacked a company (it's office, vendors and customers)
when he was hired as a consultant to run it on behalf of its founder/ownerwho fathered six children to three wive (one who died in Reno this year and another who remains married to him for 5 years while he lives with his girlfriend 25-years his junior in her step-mothers house in Summerlin), and possibly two children by two other women during those prior marriages.  Many have wondered why he and his current wife, Jennifer Pike, have appeared to live separate lives for the past 5+ years.  The common assumption is that it is a strategy used by them to preserve spousal privilege during trials. 

She has also been found guilty of felonies stemming from con-based businesses.who went back to prison in Nevada for 5 years for money launderingwho purportedly stole money from Daniel "Rudy" Ruettiger, a former Henderson resident and Notre Dame Football iconwho founded Xyience then drove its sales to $27M in the same year that its expenses were $50M+who purportedly paid for cocaine-fueled, after-hours office parties frequented by a stable of hookerswho
purportedly lured the Fertitas into lending $12M+ to Xyience before forcing it into involuntary bankruptcy (through agents) and laying the blame wholly at the feet of the Fertitas (the bankruptcy rages on in Chicago even now)who in the last 5 years has founded and been the primary control person of three companies (he held the reigns of each completely), but he never appeared as a shareholder, board member or even employee of any of them (he hid his stock ownership in each under the names of his two oldest children, his brother and two holding companies purportedly presided over by his brother)who partnered with the stalking-horse 2010 candidate for senate, Jon Scott Ashjian and then went to war against him who personally admitted to having had a mafia hit hired against him which is now held at bay so long as he pays monthly protection money of as much at $12,000 ($144K+/year)who has dodged enforcement of a multi-million dollar judgement against him for more than a decade while he enjoyed the multi-millionaire highlifewho purportedly failed to pay taxes on more than $6 million in income from the sale of personal stockwho purportedly had members of his board of directors launder millions of dollars for him who had a self-admitted, three-time convicted murderer who was a leading
member of the Aryan Brotherhood on payroll and who visited and threatened former employees and their families when they sought proper recompense for past due wageswho has more talent, a keener minds and greater work ethic than most of the elite business people in greater Vegaswho has a quiet zen charisma (or a psychopath's calm depending on who you talk to)whose current CEO/COO and President is facing charges for Robbery with a Deadly Weapon involving up to 8
minors (purportedly student athletes from Bishop Gorman High School) and who has moved to Texas, and is now going by an alias to the employees of the company he oversees in order to avoid complications from dozens online ripoff reportswho is currently seeking to raise millions of dollars through private offerings that are purportedly fraudulent on their face in order to support operations of his current internet company in-part and perhaps to fund his expensive tastes and
gambling habitswho will be tried by federal prosecutors beginning on November 14, 2011 (unless continued for a NINTH time) for a veritable cornucopia of criminal actsAll this time, Russell has claimed, all too convincingly, that he is simply a victim of poor circumstances.

Presumably, this story is one for the times we live in.  A story of a man from a supportive home, a man with amazing potential and everything going for him and a relentless ability to raise money for his business ideas (many of which were excellent in their conception), who drove himself down a bad path and took too many people with him.  A man who has littered his personal history with ruined lives of investors who lost everything, unpaid employees whose families went hungry and vendors whose businesses went under.  There are literally hundreds of people in Vegas that have their own story to tell about Russell Pike.  Many say that if he'd been born three decades earlier, he'd be in an unmarked grave in the desert or tied to a cinder block in LakeMead.

This story is one aching to be told over the course of a week in the form of a serial.  As with so many of the better stories that people DVR these days, this one is rampant with intrigue, deceit, drugs, adultery, ruthless greed, murder threats, celebrities, powerful families and great loss. Even better for you, there are hundreds of willing voices not more than a
30-minute drive from your office aching to tell you their accounts of Russell Pike.  

If you're interested to dig a little, I am happy to send you a list of names (nearly 50) that would be a good place to start your research.

Kind Regards,Whistle Blower
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#4 UPDATE EX-employee responds

russell pike IBG.com; Internet Business Group, IBG, David Flynn

AUTHOR: Anonymous - (United States of America)

This is just a small portion of the trouble Russell Pike has gotten into.

Investors, do you want the real story? It is not a story of he-said-she-said, it is a story of a tornado running through people's lives. /b/ut, I tell you this, employees want their money. over $100,000 of payroll not paid. bounced checks, bounced wire transfers and the employees are left with the fees form their banks.

I, for one, will be there when you go to trial for this so I can laugh at you.

Uh oh, Russell Pike and David Flynn did it again.

IBG.com
IBG
Internet Business Group
Reputation Management

The next step is to go to investor message /b/oards and set the record straight there as well.  These posts will go on all day everyday.  Your attempts at reputation management for your own names will /b/ in vain.
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