- Report: #681863
Complaint Review: Vested Business Brokers
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| Vested Business Brokers 50 Karl Avenue
Smithtown, New York United States of America |
|
Vested Business Brokers Scam with cheaters for sales personnel Smithtown, New York
*REBUTTAL Individual responds: The Arbitration agreement does NOT expire!!
*REBUTTAL Individual responds: Arbitration part does not expire on their contract!!
*REBUTTAL Owner of company: Response from Vested Business Brokers
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Can you believe these people would lie and cheat!! Well I have seen it first hand. They scammed me into allowing them to sell my business.
After reading that other report about inflation of the books i said let me tell others as well. These guys schooled me as to making my company look far better then it was.
I am ashamed i ever did this but having been taken to lunch and expalined that it is common practice to create bogus numbers I caved and let their greed enter into my life.
Please buyers beware for it is like allowing a lamb to walk into a hungry lion's den.
Have a professional accountant certify their numbers as they state they are not responsible for the figures which is baloney! They extract the numbers with suggestive thinking!
Yes i did sell my business and the poor fool overpaid thanks to these Ali BaBa crew!
This report was posted on Ripoff Report on 01/12/2011 05:18 PM and is a permanent record located here: http://www.ripoffreport.com/r/Vested-Business-Brokers/Smithtown-New-York-11787/Vested-Business-Brokers-Scam-with-cheaters-for-sales-personnel-Smithtown-New-York-681863. 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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Search Tips#1 REBUTTAL Individual responds
The Arbitration agreement does NOT expire!!
AUTHOR: - (USA)
SUBMITTED: Monday, October 10, 2011
I wanted to purchase this business from the Original owner way before even the New business owner or Vested was in the picture. I have e-mails, copies of listing from the original MLS broker & even e-mails between me and my friend who lives
across the street of the same!!
I had no contract with this company!! My contract had expired already long ago & in fact I had no access to their web site anymore!! I wanted to comparison shop while I was doing due diligence. I went to their site and they told me my contract had expired and I was asked to sign a contract again which I did not!!! Later that day a broker from Vested calls me asking what I was looking for? I told the broker I had found a business Already and in fact I was doing due diligence on it. He asked me where the business was, etc. So me like an idiot told him!! He said I have another business in the same area. I told him but I do NOT want to sign an agreement with you guys again.. He said not to worry just e-mail me asking for this listing #... Which I did... The brokers turns around and sends me the listing of the business which I was doing due
diligence on already. In fact I e-mailed him back stating the same but he Never got back to me!!! The next day he sends me confidentiality agreement!!!?? (I have still all the e-mails as well...) I was never introduced to the business by them!!!
I was introduced to this business by a friend from my previous work that has lived across the street for 40 years!!
My friend who lives across the street told me that looks like the store you were looking at before is back in the market with the new owner!!
Believe it or not I still have all the e-mails and paper works from back then as well. E-mails between me and my friend as well as the print out of the original broker which was through MLS and not Vested!!!
The ONLY reason I settled with them was that at that point it was cheaper for me to settle with them!!
across the street of the same!!
I had no contract with this company!! My contract had expired already long ago & in fact I had no access to their web site anymore!! I wanted to comparison shop while I was doing due diligence. I went to their site and they told me my contract had expired and I was asked to sign a contract again which I did not!!! Later that day a broker from Vested calls me asking what I was looking for? I told the broker I had found a business Already and in fact I was doing due diligence on it. He asked me where the business was, etc. So me like an idiot told him!! He said I have another business in the same area. I told him but I do NOT want to sign an agreement with you guys again.. He said not to worry just e-mail me asking for this listing #... Which I did... The brokers turns around and sends me the listing of the business which I was doing due
diligence on already. In fact I e-mailed him back stating the same but he Never got back to me!!! The next day he sends me confidentiality agreement!!!?? (I have still all the e-mails as well...) I was never introduced to the business by them!!!
I was introduced to this business by a friend from my previous work that has lived across the street for 40 years!!
My friend who lives across the street told me that looks like the store you were looking at before is back in the market with the new owner!!
Believe it or not I still have all the e-mails and paper works from back then as well. E-mails between me and my friend as well as the print out of the original broker which was through MLS and not Vested!!!
The ONLY reason I settled with them was that at that point it was cheaper for me to settle with them!!
Respond to this report!
What's this? #2 REBUTTAL Individual responds
Arbitration part does not expire on their contract!!
AUTHOR: - (USA)
SUBMITTED: Monday, October 10, 2011
I wanted to purchase this business from the Original owner way before even the New business owner or Vested was in the picture. I have e-mails, copies of listing from the original MLS broker & even e-mails between me and my friend who lives across the street from the business!!
I had no contract with this company!! My contract had expired already long ago & in fact I had no access to their web site anymore!! I wanted to comparison shop while I was doing due diligence. I went to their site and they told me my contract had expired and I was asked to sign a contract again which I did not!!! Later that day a broker from Vested calls me asking what I was looking for? I told the broker I had found a business Already and in fact I was doing due diligence on it. He asked me where the business was, etc. So me like an idiot told him!! He said I have another business in the same area. I told him but I do NOT want to sign an agreement with you guys again.. He said not to worry just e-mail me asking for this listing #... Which I did... The sneaky broker turns around and sends me the listing of the business which I was doing due diligence on already!! In fact I e-mailed him back stating the same but he Never got back to me!!! The next day he send me confidentiality agreement!!!?? ( I have still all the e-mails as well..) I was never introduced to the business by them!!!
I was introduced to this business by a friend from my previous work who has lived across the street for 40 years!!
My friend who lives across the street told me that looks like the store you were looking at before is back in the market with the new owner!!
Believe it or not I still have all the e-mails and paper works from back then as well. Both e-mails between me and my friend as well as the print out of the original broker which was through MLS and not Vested!!!
The ONLY reason I settled with them was that at that point it was cheaper for me to settle with them!!
I had no contract with this company!! My contract had expired already long ago & in fact I had no access to their web site anymore!! I wanted to comparison shop while I was doing due diligence. I went to their site and they told me my contract had expired and I was asked to sign a contract again which I did not!!! Later that day a broker from Vested calls me asking what I was looking for? I told the broker I had found a business Already and in fact I was doing due diligence on it. He asked me where the business was, etc. So me like an idiot told him!! He said I have another business in the same area. I told him but I do NOT want to sign an agreement with you guys again.. He said not to worry just e-mail me asking for this listing #... Which I did... The sneaky broker turns around and sends me the listing of the business which I was doing due diligence on already!! In fact I e-mailed him back stating the same but he Never got back to me!!! The next day he send me confidentiality agreement!!!?? ( I have still all the e-mails as well..) I was never introduced to the business by them!!!
I was introduced to this business by a friend from my previous work who has lived across the street for 40 years!!
My friend who lives across the street told me that looks like the store you were looking at before is back in the market with the new owner!!
Believe it or not I still have all the e-mails and paper works from back then as well. Both e-mails between me and my friend as well as the print out of the original broker which was through MLS and not Vested!!!
The ONLY reason I settled with them was that at that point it was cheaper for me to settle with them!!
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What's this? #3 REBUTTAL Owner of company
Response from Vested Business Brokers
AUTHOR: Nathan Goldstein - (United States of America)
SUBMITTED: Friday, October 07, 2011
The complaint stated against Vested Business Brokers has been made by an indiviual who was caught circumventing Vested Business Brokers. This buyer signed the Vested Buyer registration form with Vested Business Brokers and then made a side deal with the seller who signed the Vested Business Broker Listing Sales Agreement. When they were caught the situation was professionally arbitrated through the offices of Kirschenbaum and Kirschenbaum, in Garden City New York. All paperwork is available for review.
Vested Business Brokers was proven to be circumvented through articulate legal documentation. The record and details of this case are available upon request and will clearly show the strategy used by both buyer and seller to circumvent as well as the proof that was provided by Vested Business Brokers to the arbitrator that resulted in the decision.
Vested Business Brokers has successfully completed over 1000 transactions over the past decade doing business with honesty and integrity. All numbers that are reflected by Vested Business Brokers are signed off on by the seller of the business and are the seller's representations of the financials.
Vested Business Brokers encourages all buyers to engage proffessional accounting services durring due-dilligence and holds regular classes teaching buyers how to conduct a thorough due-dilligence process at no cost to the buyer as well.
This individual has chosen to continue to slander Vested Business Brokers by creating many different false scenarios. I am willing to share all information pertaining to this situation with anyone who would care to have it including e-mails confessing to this situation.
The real issue here is the individuals, the buyer and the seller who were caught cheating the broker who worked hard for both of them and all the documentation is available for your review through Vested Business Brokers or Kirschenbaum and Kirschenbaum Law Firm at 516-747-6700. I am the owner of of Vested Business Brokers and can be reached directly at 631-265-7300 and welcome any calls pertaining to clarification of this matter. Thank you for taking the time to read this response.
Vested Business Brokers was proven to be circumvented through articulate legal documentation. The record and details of this case are available upon request and will clearly show the strategy used by both buyer and seller to circumvent as well as the proof that was provided by Vested Business Brokers to the arbitrator that resulted in the decision.
Vested Business Brokers has successfully completed over 1000 transactions over the past decade doing business with honesty and integrity. All numbers that are reflected by Vested Business Brokers are signed off on by the seller of the business and are the seller's representations of the financials.
Vested Business Brokers encourages all buyers to engage proffessional accounting services durring due-dilligence and holds regular classes teaching buyers how to conduct a thorough due-dilligence process at no cost to the buyer as well.
This individual has chosen to continue to slander Vested Business Brokers by creating many different false scenarios. I am willing to share all information pertaining to this situation with anyone who would care to have it including e-mails confessing to this situation.
The real issue here is the individuals, the buyer and the seller who were caught cheating the broker who worked hard for both of them and all the documentation is available for your review through Vested Business Brokers or Kirschenbaum and Kirschenbaum Law Firm at 516-747-6700. I am the owner of of Vested Business Brokers and can be reached directly at 631-265-7300 and welcome any calls pertaining to clarification of this matter. Thank you for taking the time to read this response.
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