• Report: #565853

Complaint Review: William V Ison of New Prot Beach CA,, Gene Orico of Texus, Blue Diamond Excavation

  • Submitted: Sun, February 07, 2010
  • Updated: Mon, August 11, 2014

  • Reported By: seeking justice — Florida Virgin Islands (US)
William V Ison of New Prot Beach CA,, Gene Orico of Texus, Blue Diamond Excavation
Internet United States of America

William V Ison of New Prot Beach California,, Gene Orico of Texus, Blue Diamond Excavation Bill Ison, Gene Orico, Oalthe Mining Company Inc, zack O Sulluvan, bluediamondex.com Bill V Ison, Gene Orico investment scheme and Theft. Another Madoff theft Internet

*Consumer Comment: Doug Ellingson

*General Comment: Co conspirator pleads guilty

*Consumer Comment: From San Diego

*General Comment: Lost retirement

*Consumer Comment: We were taken too :(

*General Comment: Response to Hurt

*General Comment: william ison /riped off

*General Comment: INDICTED

*Consumer Comment: Time to call the lawyer

*General Comment: Prosecuter on this case

*General Comment: USA v. William Ison Cause no 12 CR 4030 IEG

*Consumer Comment: Please Help

*General Comment: Question

*Author of original report: William Ison ponzi scheme leader from Blue Diamond in New Port Richie California

*General Comment: A person who knows the real truth about Bill Ison.

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A bit over a year ago I was solicited by a con man by the name of Gene Orico who was working with a very wealthy man named William V Ison also known as Bill Ison.  Bill Ison supposably owned a mining company named Oalthe Mining Company in Colorado and was the president of another large company, Blue Diamond Excavation.  Gene began to sell us on this great opportunity that he supposably has done himself with his money and has been successful with it for several years (which was all lies).  Gene also began to explain that Bill had a trading program that would yield 500% in less than 30 days and it involved the purchase and sale of t-bills.  Gene went on to explain how Bill Ison was working with a U.S. Senator and Mr. Ison was well connected to the government.  We wired funds directly to Bill Ison's Bank Of America account in California and after 30 days passed we began to get many excuses as to why the transaction was delayed. [continued below]....
.....  I have received numerous emails from Bill Ison and from Gene with many ridiculous excuses on why they have not even sent back our principle.  After having the contract looked over, I was told there are several securities violations on the contract.  It has been over a year and I am one of many investors who have been taken by these con artists.  I will be reporting these actions to the secret service as well as contacting Bank Of America fraud department to open a claim.  I know of another 6 clients who I will be combining efforts with to bring these individuals to justice.  If you have been victimized by any of these individuals please post your experience.  I want to do everything in my power to make sure they are brought to justice and can not continue to defraud and steal peoples hard earned  money.

This report was posted on Ripoff Report on 02/07/2010 10:07 AM and is a permanent record located here: http://www.ripoffreport.com/r/William-V-Ison-of-New-Prot-Beach-CA-Gene-Orico-of-Texus-Blue-Diamond-Excavation/internet/William-V-Ison-of-New-Prot-Beach-California-Gene-Orico-of-Texus-Blue-Diamond-Excavation-565853. 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:
1Author 14Consumer 0Employee/Owner
Updates & Rebuttals

#1 Consumer Comment

Doug Ellingson

AUTHOR: Rodeo12 - ()

There were many involved, but I want to make sure it is noted that Doug or Douglas Ellingson is a theif. Doug is from Wisconsin and when he gets out of jail which will be sadly too soon I want to make sure his name shows up on google searches so he can't do this again. Doug was working with William Ison pretending to just help someone help. Never ever trust him again. He will lie through his teeth and play on your emotions.

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#2 General Comment

Co conspirator pleads guilty

AUTHOR: Mr. Curious - ()

SoCal Businessman Faces Five Years

     Douglas Ellingson faces up to five years in federal prison for wire fraud conspiracy at his Oct. 28 sentencing, the U.S. Attorney's Office said in a statement.
     He admitted that he conspired with co-defendant William Ison and James Pantazelos to defraud investors in Ison's business, Olathe Mining Co., the U.S. attorney said.
     Pantazelos was sentenced in February to 19 1/2 years in federal prison and ordered to pay restitution of $3.3 million.
     Prosecutors did not elucidate the state of the proceedings against Ison.
     According to the U.S. attorney's statement: "In order to promote Ison's appearance of wealth to potential investors, Ellingson and Ison falsely claimed Ison was the head of a large non-profit foundation that gave over a 'trillion dollars' to various humanitarian causes. They encouraged investors to hand over funds by promising that the profits would be used to support charitable causes.
     "Ultimately, the victims did not receive promised profits or a return of their original investments. In total, Ellingson personally obtained over $2 million from victims, almost all of which he wired directly to Ison."

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#3 Consumer Comment

From San Diego

AUTHOR: San Diego - retirement lost - (United States of America)

Mr. Curious - we have and that is why they were arrested and charged out of San Diego.  We have documentation of all of thier lies in writing and turned it over to the FBI when the FBI approached us. According to a 12/19/12 Goverment's response to Defendant's motions (line 15) the FBI "have identified approximately 100 victims who gave over $6 million of funds to Ellingson and Ison as a result of their misrepresentations" [lies].

If anyone reads this who was also taken by these two please contact FBI Special Agent Morgan Bailey at 858-499-7364.

http://www.kleinutah.com/wp-content/uploads/2011/02/09.27.2012-Ison-Criminal-Charges.pdf

http://www.kleinutah.com/wp-content/uploads/2011/02/01.17.2012-Ison-William-Ison-Patty-and-Grace-Foundation-Complaint.pdf

http://www.ponziclawbacks.com/files/2012/10/US-v.-William-Ison-Douglas-Ellison-Indictment.pdf

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#4 General Comment

Lost retirement

AUTHOR: Mr. Curious - (United States of America)

Do us all a favor and contact the Assistant US Attorney listed above and give him all of the information about you case. The more people who participate the better chance they won't be able to to this to other people. In addition, you can contact the FBI and file a complaint. Please help others avoid these type of scams by reporting your loss and updating us on how things are going.
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#5 Consumer Comment

We were taken too :(

AUTHOR: San Diego - retirement lost - (United States of America)

My husband and I live in San Diego and we were also taken by these two to the tune of $300,000. Our retirement money. We were promised, in writing,  that the principle would always be kept safe, and we were told that that the projects that would benefit from our investment would be world wide humanitarian endevours. I was told this in person by Ison and Ellingson numerous times as was my husband.  

From 2010 we were given nothing back but crazy stories blaming everyone and everything for the delay in the return of our money. I know that this has caused physical heart problems with my husband as he has had to deal with this "hearbreak" daily for years now.  I know we will be working for a very very long time to make up the loss, if we ever can.  We are both senior citizens now and having the money safe was a high priority at this stage of our lives.  I know that Karma can take time, and at some point those two will get what they deserve, in this life or after. May they reap what they have sowed.
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#6 General Comment

Response to Hurt

AUTHOR: Mr. Curious - (United States of America)

Hurt,

I would suggest you contact the prosecutor listed above.  They have a forfeiture action against them and they can probably help you the best in getting your money back as part of the criminal case.

I would encourage everyone who believes they have a claim to contact the listed prosecutor above and leave a note here so that others with complaints can find you.  The wheels of justice word faster for a group.
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#7 General Comment

william ison /riped off

AUTHOR: hurt - (United States of America)

we would like to know how we can get to the reciever, from this horrible night mare, we  got taken for 500,000 if you all would please e-mail us on how to get on the list to maybe get back our money, we are retired and disabled, we believed in bill ison, i still pray for him. do any of you know keplyn campbell? he is the last one to go for the money in europe, last e-mail from bill was end of september, he always returned out e-mails and phone calls. he told us this campbell guy had been in europe lift his family behind and almost had him truned with the money. please help us if you will. we just found out about this, my husband just had 4 bypass surgery 2 weeks ago today. i could just sit and cry. that was my husbands hard earned money, we also got into the winsome trust , bob andres he was out of the grace foundation, dang all in a mess . our hearts hurt. if you have the info we would be greatfull.

hurt

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#8 General Comment

INDICTED

AUTHOR: Mr. Curious - (United States of America)

RODEO 12 HAS THE INDICTMENT, ASK HIM TO SEND IT TO YOU.  BILL AND DOUG ELLINGTON HAVE BEEN INDICTED FOR CONSPIRACY, WIRE FRAUD, AIDING AND ABETTING, AND CRIMINAL FORFEITURE.  THE FOLLOWING COMPANIES ARE MENTIONED: DESTINY'S PARTNERS, CAPITAL ADVANCEMENT SYSTEMS, BLUE DIAMOND EXCAVATIONS, INC., OLATHE MINING COMPANY, sundial investment group and others.

IN ADDITION HERE ARE SOME CIVIL SUITS:

CAUSE NO. 2010-40107-362
MICHAEL KERGOSIEN V. BLUE DIAMOND EXCAVATIONS, INC., EUGENE A ORICO IV, AND WILLIAM ISON; IN THE 362ND DISTRICT COURT OF DENTON COUNTY, TEXAS:

JUDGMENT FOR PLAINTIFF FOR BREACH OF CONTRACT, BREACH OF FIDUCIARY DUTY, VIOLATION OF TEXAS SECURITIES ACT AND TEXAS THEFT LIABILITY ACT IN THE AMOUNT OF $560,400.00

WATSON v. BLUE DIAMOND EXCAVATION INC.ALAN J. WATSON, et al.,v.BLUE DIAMOND EXCAVATION INC., ETC., WILLIAM ISON, et al.Case No. SA CV 10-00459-DOC(MLGx).United States District Court, C.D. California.

I BELIEVE MILLION PLUS JUDGEMENT AGAINST THEM (CHECK PACER FOR EXACT AMOUNT)

CIVIL ACTION 2:112-CV-00055 BCW; R. WAYNE KLEIN, COURT APPT RECEIVER V. WILLIAM V. ISON AND GRACE FOUNDATION, UNITED STATES DISTRICT COURT FOR DISTRICT OF UTAH

JUDGEMENT 10-16-12 FOR $211,000.00

JUST A FEW FOR THE NON BELIEVERS OUT THERE
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#9 Consumer Comment

Time to call the lawyer

AUTHOR: Pardon The Interruption - (USA)

I just came across this today.  I invested funds with Gene/Bill/Olathe/BDE as well, back in November of 2008.  Quite a substantial sum, I might add.  I have yet to receive anything in return for my money other than excuses and delays.  Bill has sent out periodic emails on "progress", but I have been leery of their content for quite sometime.  

I find it ironic that I came across this info, as I just sent Bill an email recently inquiring as to any updates.  He usually responds to emails within a day or two, but this last email has gone unanswered.  It makes me wonder if he is in fact in jail.  I am going to call the number listed for the attorney on the comment above on Monday and see if I can get any details.  I will post my findings subsequently.
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#10 General Comment

Prosecuter on this case

AUTHOR: Mr. Curious - (United States of America)

Christopher Paul Tenorio 
U S Attorneys Office Southern District of California 
Criminal Division 
880 Front Street 
Room 6293 
San Diego, CA 92101 
(619) 546-8413 
Fax: (619) 546-0450 
Email: Christopher.Tenorio@usdoj.gov 
LEAD ATTORNEY 
ATTORNEY TO BE NOTICED 
Designation: Assistant United States Attorney
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#11 General Comment

USA v. William Ison Cause no 12 CR 4030 IEG

AUTHOR: Mr. Curious - (United States of America)

Rodeo 12 - check your email

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#12 Consumer Comment

Please Help

AUTHOR: Rodeo12 - (United States of America)

I would really like for someone to get in contact with me. I don't want to buy into all of this, but I am nearing the deadline of an investment and am starting to believe the worst after reading these posts. This is all very recent as in today October 25, 2012 and I want to act as quickly as possible. I have family member's hard earned money invested and am having a breakdown. If there was an arrest, any other information someone please please email me so I can have someone to be in contact with. Even someone to just talk to me so I know I am not alone. I know it says to not leave an email, but someone please email me so we can exchange phone numbers and email addresses. Thank you.

js5907807@gmail.com

I still am trusting in God
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#13 General Comment

Question

AUTHOR: Mr. Curious - (United States of America)

Does anyone know about Bill being arrested in Colorado on a California warrant?
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#14 Author of original report

William Ison ponzi scheme leader from Blue Diamond in New Port Richie California

AUTHOR: seeking justice - (Virgin Islands (US))

I personally invested in this "program"along with many others I connected with after our money was solen. At least 8 others I met who where scammed by William Ison wired funds directly to his account in Bank Of America. We all compared our contracts and wire info and although we were introduced by Gene, we all spoke with him several times and he stated our funds were safe and just being held up by the government. This is before he stopped answering everyone's calls and emails. He collected and misappropriated millions of dollars representing in his contract the funds were not at risk. William Ison is a thief and belongs in prison.
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#15 General Comment

A person who knows the real truth about Bill Ison.

AUTHOR: The Truth Finder - (United States of America)

I personally know Bill Ison and know for a fact that he did not steal any ones money.  Gene took some of the peoples money first and then invested this money.  Bill had funds invested with another group and this group placed the funds with a Senator and other high up people in the US government and the money was not invested and returned to this group that Mr. Ison had invested with.  This group ( not Bill Ison) was greedy and tried to invest the funds with banks to bring in the returns 6% to the investors.  The Banks and the crooked bankers took the money. The top tier investors skipped town and hid leaving Mr. Ison holding the blame for their mistakes.  The person who is reporting Mr. Ison is misinformed and is stateing false information against Mr. Ison as truth.  Mr. Ison has been harmed beyond redemption.  He has been harmed to the point that all he has done for years is try to pay back people who do not even have contracts with him. Bill is a Godly man, an honest man, never been a con man.  Just a man like others who had been coned by others and is doing his best to make good with his original agreement as he can.  All this scandelious condemnation he has received is not right and come from people who are misinformed or have been lied to by this Gene guy.
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