• Report: #624941

Complaint Review: Synergy Capital & Insurance

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  • Submitted: Mon, July 19, 2010
  • Updated: Wed, August 25, 2010

  • Reported By: ZH — Gardena California USA
Synergy Capital & Insurance
1225 W. 190th Street, Suite 100 Gardena, California United States of America

Synergy Capital & Insurance Maryam Rasouli: Notice of Ripoff Report VIP Arbitration Decision: A neutral and independent arbitrator has determined that the following Report contained one or more false statements of fact. The false statements have been redacted; Synergy Capital & Insurance Maryam Rasouli (((REDACTED))) Gardena, California

*Author of original report: VIP Arbitration Program

*Author of original report: Rip-Off Report VIP Arbitration Program

*Author of original report: Dispute resolved

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Ripoff Report VIP Arbitration Program


In re:

SYNERGY INSURANCE SERVICES, INC., a California corporation, dba, SYNERGY CAPITAL & INSURANCE SERVICES and SYNERGY FINANCIAL ALLIANCE, INC., a California corporation, dba, SYNERGY CAPITAL ASSOICATES

Complainants,
v.

ZAHIR HARIK,

Author.

Rip-Off Report No. 624941

ARBITRATOR DECISION


Bruce Meyerson,

Arbitrator

Complainants Synergy Insurance Services, Inc. and Synergy Financial Alliance, Inc. have challenged the truthfulness of certain statements (each, a Statement) posted by Author on the Ripoff Report website at www.ripoffreport.com on July 19, 2010, as Ripoff Report No. 624941 (the Report). Both the Complainants and the Author (together, the Parties) have agreed to submit the dispute to the Ripoff Report VIP Arbitration.

Each Statement challenged by the Complainant has been considered, together with any Witness Statements and Documents provided by the Complainant and the Author, for determination of the truth or falsity of the Statement. [continued below]....
..... The Arbitrator was asked to decide whether the preponderance of the evidence submitted established that each Statement was true or that it was false. Each challenged Statement is set forth below together with the Arbitrators comments and ruling: 1. Statement: Synergy Capital & Insurance [is] misleading people to purchase life insurance for retirement [in] Gardena, California. Discussion: In a subsequent report, the Author stated that although at the time he made the Statements he believed them to be true he has subsequently investigated the facts and he has concluded that his Statements were not consistent with the facts, that he has never attempted to do business with the Complainants, and that the Statements he made were false. Ruling: I find this Statement false. 2. Statement: Synergy Capital & Insurance formerly Infinity Financial Services is a pyramid scheme identical to WMA and WFG. Discussion: In a subsequent report, the Author stated that although at the time he made the Statements he believed them to be true he has subsequently investigated the facts and he has concluded that his Statements were not consistent with the facts, that he has never attempted to do business with the Complainants, and that the Statements he made were false. Ruling: I find this Statement false. 3. Statement: They pry on immigrants and minorities who are not well informed or educated about financial matters. Discussion: In a subsequent report, the Author stated that although at the time he made the Statements he believed them to be true he has subsequently investigated the facts and he has concluded that his Statements were not consistent with the facts, that he has never attempted to do business with the Complainants, and that the Statements he made were false. Ruling: I find this Statement false. 4. Statement: They promise huge returns on investments as low as $200 per month. Discussion: In a subsequent report, the Author stated that although at the time he made the Statements he believed them to be true he has subsequently investigated the facts and he has concluded that his Statements were not consistent with the facts, that he has never attempted to do business with the Complainants, and that the Statements he made were false. Ruling: I find this Statement false. 5. Statement: In reality most of the premiums are consumed by the cost of insurance and administrative fees. Discussion: In a subsequent report, the Author stated that although at the time he made the Statements he believed them to be true he has subsequently investigated the facts and he has concluded that his Statements were not consistent with the facts, that he has never attempted to do business with the Complainants, and that the Statements he made were false. Ruling: I find this Statement false. 6. Statement: The policy will lapse in less than 5 years due to insufficient funding. Discussion: In a subsequent report, the Author stated that although at the time he made the Statements he believed them to be true he has subsequently investigated the facts and he has concluded that his Statements were not consistent with the facts, that he has never attempted to do business with the Complainants, and that the Statements he made were false. Ruling: I find this Statement false. 7. Statement: Because the insurance companies do not provide account statements, unless requested, most clients will not realize their money is going down the drain until it is too late. Discussion: In a subsequent report, the Author stated that although at the time he made the Statements he believed them to be true he has subsequently investigated the facts and he has concluded that his Statements were not consistent with the facts, that he has never attempted to do business with the Complainants, and that the Statements he made were false. Ruling: I find this Statement false. 8. Statement: Imagine how you will feel a few years from now when your friends and relatives find out that you made them lose their life savings. Discussion: In a subsequent report, the Author stated that although at the time he made the Statements he believed them to be true he has subsequently investigated the facts and he has concluded that his Statements were not consistent with the facts, that he has never attempted to do business with the Complainants, and that the Statements he made were false. Ruling: I find this Statement false. 9. Statement: Cash value life insurance only works if you put the maximum amount allowed by the IRS and you are in your 20s. Discussion: In a subsequent report, the Author stated that although at the time he made the Statements he believed them to be true he has subsequently investigated the facts and he has concluded that his Statements were not consistent with the facts, that he has never attempted to do business with the Complainants, and that the Statements he made were false. Ruling: I find this Statement false. Accordingly, for the foregoing reasons, I find that all of the Statements submitted by the Author are false. DATED this __ day of December, 2010. ________________ Bruce E. Meyerson, Arbitrator (((REDACTED)))

Be ware!!! 


This report was posted on Ripoff Report on 07/19/2010 06:58 PM and is a permanent record located here: http://www.ripoffreport.com/r/Synergy-Capital-Insurance/Gardena-California-90248/Synergy-Capital-Insurance-Maryam-Rasouli-Notice-of-Ripoff-Report-VIP-Arbitration-Decisi-624941. 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 Author of original report

VIP Arbitration Program

AUTHOR: ZH - (USA)

I, the undersigned individual, state the following based on my personal knowledge: 1. I am a competent adult over the age of eighteen (18) and make this declaration of my own free will. 2. I am the Author of Report no. 624941 under my initials ZH posted on www.ripoffreports.com on July 19, 2010 under the title Synergy Capital & Insurance Maryam Rasouli Missleading [Misleading] people to purchase life insurance as investment for retirement Gardena, CA. 3. I made the statements contained in the Report in good faith, mistakenly believing at the time that they were true. However, I subsequently investigated the facts closely and in their entirety and concluded that my statements actually were not and are not consistent with the facts as they applied to my transaction. The following statements are intended correct the resultant misleading record. 4. I have never done or attempted to do any business with Synergy Capital & Insurance Services or Synergy Capital Associates. 5. The statement I made within the title of the above referenced Report was false at the time I made it and is false now. 6. The statement I made in the Report to the effect that Synergy Capital & Insurance was formerly Infinity Financial Services, was false at the time I made it and is false now. 7. My statement in the Report to the effect that Synergy Capital & Insurance Services is a Pyramid Scheem [Scheme], was false at the time I made it and is false now. 8. My statement in the Report to the effect that Synergy Capital & Insurance Services is identical to WMA and WFG was false at the time I made it and is false now. 10297-1/BCK/BCK/755638_v1 9. My statement in the Report to the effect that Maryam Rasouli and Synergy Capital & Insurance Services pry on immigrants and minorities who are not well informed or educated about financial matters was false at the time I made it and is false now. 10. My statement in the Report to the effect that Maryam Rasouli and Synergy Capital and Insurance Services promess [promise] huge return on investments as low as $200 per month was false at the time I made it and is false now. 11. My statement in the Report, In reality most of the premiums are consumed by the cost of insurance and administrative fees, was false at the time I made it and is false now. 12. My statement in the Report, On top of this the policy will lapse in less than 5 years due to insufficient funding, was false at the time I made it and is false now. 13. My statement in the Report to the effect that, the insurance companies do not provice [provide] account statements, unless requested, was false at the time I made it and is false now. 14. My statement in the Report, most clients will not realize their money is going down the drain until it is too late, was false at the time I made it and is false now. 15. My statement in the Report implying people who refer business to Maryam Rasouli or Synergy Capital & Insurance Services will loose [lose] their life time savings, was false at the time I made it and is false now. is false. 16. My statement in the Report, Cash value life insurance only works if you put the maximum amount allowed by the IRS and you are in your 20s, was false at the time I made it and is false now. 17. I agree to cooperate with the Arbitrator, Maryam Rasouli, Synergy Capital & Insurance Services, Synergy Capital Associates, and Peter Sardagna, Compliance Consultant to the foregoing companies, in support of a finding by the Arbitrator to the effect that all of my above referenced statements were false at the time I made them and are false now. 10297-1/BCK/BCK/755638_v1 18. I made the foregoing statements of my own volition without threat or duress from anyone. I declare under penalty of perjury that the foregoing is true and correct. Executed on: August _10___, 2010 ______________________________ ZH
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#2 Author of original report

Rip-Off Report VIP Arbitration Program

AUTHOR: ZH - (USA)

I, the undersigned individual, state the following based on my personal  knowledge:

1. I am a competent adult over the age of eighteen (18) and make this declaration of my

own free will.

2. I am the Author of Report no. 624941 under my initials ZH posted on

www.ripoffreports.com on July 19, 2010 under the title Synergy Capital &

Insurance Maryam Rasouli Missleading [Misleading] people to purchase life

insurance as investment for retirement Gardena, CA.

3. I made the statements contained in the Report in good faith, mistakenly believing at

the time that they were true. However, I subsequently investigated the facts closely

and in their entirety and concluded that my statements actually were not and are not

consistent with the facts as they applied to my transaction. The following statements

are intended correct the resultant misleading record.

4. I have never done or attempted to do any business with Synergy Capital & Insurance

Services or Synergy Capital Associates.

5. The statement I made within the title of the above referenced Report was false at the

time I made it and is false now.

6. The statement I made in the Report to the effect that Synergy Capital & Insurance

was formerly Infinity Financial Services, was false at the time I made it and is

false now.

7. My statement in the Report to the effect that Synergy Capital & Insurance Services is

a Pyramid Scheem [Scheme], was false at the time I made it and is false now.

8. My statement in the Report to the effect that Synergy Capital & Insurance Services is

identical to WMA and WFG was false at the time I made it and is false now.

10297-1/BCK/BCK/755638_v1

9. My statement in the Report to the effect that Maryam Rasouli and Synergy Capital &

Insurance Services pry on immigrants and minorities who are not well informed or

educated about financial matters was false at the time I made it and is false now.

10. My statement in the Report to the effect that Maryam Rasouli and Synergy Capital

and Insurance Services promess [promise] huge return on investments as low as

$200 per month was false at the time I made it and is false now.

11. My statement in the Report, In reality most of the premiums are consumed by the

cost of insurance and administrative fees, was false at the time I made it and is

false now.

12. My statement in the Report, On top of this the policy will lapse in less than 5 years

due to insufficient funding, was false at the time I made it and is false now.

13. My statement in the Report to the effect that, the insurance companies do not

provice [provide] account statements, unless requested, was false at the time I

made it and is false now.

14. My statement in the Report, most clients will not realize their money is going down

the drain until it is too late, was false at the time I made it and is false now.

15. My statement in the Report implying people who refer business to Maryam Rasouli

or Synergy Capital & Insurance Services will loose [lose] their life time savings,

was false at the time I made it and is false now. is false.

16. My statement in the Report, Cash value life insurance only works if you put the

maximum amount allowed by the IRS and you are in your 20s, was false at the time

I made it and is false now.

17. I agree to cooperate with the Arbitrator, Maryam Rasouli, Synergy Capital &

Insurance Services, Synergy Capital Associates, and Peter Sardagna, Compliance

Consultant to the foregoing companies, in support of a finding by the Arbitrator to the

effect that all of my above referenced statements were false at the time I made them

and are false now.

10297-1/BCK/BCK/755638_v1

18. I made the foregoing statements of my own volition without threat or duress from

anyone.

I declare under penalty of perjury that the foregoing is true and correct.

Executed on: August ____, 2010

______________________________

ZH

10297-1/BCK/BCK/755638_v1

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#3 Author of original report

Dispute resolved

AUTHOR: ZH - (USA)

My dispute with Synergy has been resolved, I was assured that my situation is an isolated case and they no longer represent the carrier.
Please disregard my complaint.
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