- Report: #140976
Report - Rebuttal - Arbitrate
Complaint Review: World Traders INc.
World Traders INc.2950 East Flamingo Rd Las Vegas, Nevada U.S.A.
World Traders ripoff The real players are Judith and Sheldon Fidler, Jamie and Jennifer Klotthor who are the daughter and son in law to the Fidlers. Las Vegas Nevada
According to documents the Fidlers are not looking at this FTC violation as more than just a big joke. On January 25, 2005 the FTC through Laura Kim (Attorney for the FTC)filed a Temporary Restraining Order to freeze the funds held by the Fidlers through a bank account with Bank of America. The very next day, like the Fidlers were thumbing their noses at the FTC, the Fidlers withdrew $90,000.00 from that very same Bank of America account. First of all shame on Bank of America for not honoring the TRO. However guess what the Fidler's did with $25,000.00 of our money. They took it to Vegas and blew at the gambling tables.
When the FTC demanded the money back the Fidlers through their attonery James Ngyuen in Los Angeles, Calif. as much as laughed at the FTC. He offered to refund $20,000.00 of the $90,000.00. I wonder why they call attorneys "Sharks"?
Anyway the FTC has filed a Proposed Order to seize all assets owned by the Fidlers. Which is what they should have done in the first place. It seems the Fidlers have property in California and Nevada as well as a very nice boat. Let's hope it brings enough moeny to at least pay back a portion of the loss we incurred from their scandulous activities.
I have tried to et an attorney, however no one will touch it, as the FTC will be getting a good portion of the money for their prosecution and we get whatever is left over. Don't hold your breath.
This report was posted on Ripoff Report on 04/29/2005 05:17 PM and is a permanent record located here: http://www.ripoffreport.com/r/World-Traders-INc/Las-Vegas-Nevada/World-Traders-ripoff-The-real-players-are-Judith-and-Sheldon-Fidler-Jamie-and-Jennifer-Kl-140976. 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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