• Report: #737561

Complaint Review: phil zobrist

Thank You

Read how Ripoff Report saves consumers millions.

  • Submitted: Mon, June 06, 2011
  • Updated: Fri, August 05, 2011

  • Reported By: Victum — las vegas Nevada United States of America
phil zobrist
650 White dr. las vegas, Nevada United States of America

phil zobrist russell pike-david flynn Pikes Patsy las vegas, Nevada

*Author of original report: FELON

*Author of original report: NO DISCLOSER

*Author of original report: ZOBRIST to pay for PIKE

*Author of original report: PIKES PATSY

*Author of original report: SERIAL CRIMINAL

*Author of original report: ARMED ROBBERY

*Author of original report: Phil zobrist Partner in CRIME

What's this?
What's this?
What's this?
Is this
Ripoff Report
About you?
Ripoff Report
A business' first
line of defense
on the Internet.
If your business is
willing to make a
commitment to
customer satisfaction
Click here now..

Does your business have a bad reputation?
Fix it the right way.
Corporate Advocacy Program™

SEO Reputation Management at its best!

Phil Zobrist sold stock knowing Russell Pike owned Zizzazz formula and did not disclose it to investors!!!!!! Now the company is BK and Pike is indicted for 6.9Million in Tax FRAUD 

This report was posted on Ripoff Report on 06/06/2011 06:07 PM and is a permanent record located here: http://www.ripoffreport.com/r/phil-zobrist/las-vegas-Nevada-/phil-zobrist-russell-pike-david-flynn-Pikes-Patsy-las-vegas-Nevada-737561. 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.

Click Here to read other Ripoff Reports on phil zobrist

Search for additional reports

If you would like to see more Rip-off Reports on this company/individual, search here:

Search Tips
Report & Rebuttal
Respond to this report!
What's this?
Also a victim?
What's this?
Repair Your Reputation!
What's this?
REBUTTALS & REPLIES:
7Author 0Consumer 0Employee/Owner
Updates & Rebuttals

#1 Author of original report

FELON

AUTHOR: Victum - (United States of America)

Pike is in the midst of serving a 59-month prison sentence at the minimum-security Federal Prison Camp near Nellis Air Force Base. His release is set for Oct. 27, 2003, prison officials said.Pike was indicted for six counts of money laundering and bank fraud on the allegation that he had taken $2 million borrowed by Advanced Cart Technologies, the parent company of All Creative, for gambling activities.
Respond to this report!
What's this?

#2 Author of original report

NO DISCLOSER

AUTHOR: Victum - (United States of America)

Read Las Vegas Sun Articles for yourself. Advance Cart Technologies,Bad Checks to Mirage 300,000.00,Money Laundering,Aiding and abeding,Ceast and Desist,Tax Evasion,Felon,Multible Convictions etc. His record speaks it'ts self, The list is to long to write Google it your self. RUSSELL C PIKE
Respond to this report!
What's this?

#3 Author of original report

ZOBRIST to pay for PIKE

AUTHOR: Victum - (United States of America)

Phil pay's for Ex-cons defense to save face with his friends!!
Respond to this report!
What's this?

#4 Author of original report

PIKES PATSY

AUTHOR: Victum - (United States of America)

Energy drink company founder charged with tax evasionBy Mary ManningPublished Wednesday, April 15, 2009 | 10:36 a.m.Updated Wednesday, April 15, 2009 | 12:59 p.m.Beyond the SunXyienceA former CEO of a Nevada sports energy drink company was indicted today by a federal grand jury in Las Vegas on tax evasion charges.Russell Pike of Las Vegas is charged with one count of tax evasion for failing to file a federal individual income tax return for 2006 and failing to pay taxes on more than $6.9 million in income he earned in 2006, said U.S. Attorney Greg Brower of Nevada.Pike is also charged with using nominees and a forward-dated stock sale agreement to conceal his true income from the IRS, Brower said.Pike was arrested Tuesday in Las Vegas and is scheduled to appear in U.S. District Court today before U.S. Magistrate Judge Peggy A. Leen for an initial appearance and arraignment.Pike founded Xyience, Inc., which made, marketed and sold sports energy drinks, most notably Xenergy, which was sold to more than 45,000 stores throughout the United States, according to the indictment.Since Xyience started in 2004,, Pike received at least 12 million shares of Xyience stock, the indictment alleges. During 2006 Pike sold more than 4.4 million shares of his Xyience stock for about $6.9 million. This includes a sale on Nov. 2, 2006 in which Pike sold more than 3 million shares of Xyience stock to an investor for about $5 million, the indictment said.In early 2007 Pike asked that the investor change the date of the stock purchase agreement from 2006 to 2007, so that Pike could avoid paying taxes for 2006.In June 2006 Pike listed his income as $100,000-plus on a brokerage account application. In July 2007 Pike listed his assets as $27 million and his liabilities as $2 million on a life insurance application, the indictment alleges.In September and November of 2006, Pike bought a condominium in Las Vegas, which was titled in the name of a nominee, made payments on a 2005 Lexus SUV that was held in the name of a nominee, and purchased a 2007 Mercedes Benz for $151,614.If convicted, Pike faces up to five years in prison and a $250,000 fine.Pike is a convicted felon who pleaded guilty to grand theft and forgery in California in 1987. He also pleaded guilty to money laundering in 1999.Pike also had a default judgment in a civil suit filed against him by The Mirage after he wrote $300,000 in back checks over two days in 1995. He was found at fault.The case is being investigated by the Internal Revenue Service's criminal investigation division and is being prosecuted by Assistant U.S. Attorney Nicholas D. Dickinson.
Respond to this report!
What's this?

#5 Author of original report

SERIAL CRIMINAL

AUTHOR: Victum - (United States of America)

Energy drink company founder charged with tax evasionBy Mary ManningPublished Wednesday, April 15, 2009 | 10:36 a.m.Updated Wednesday, April 15, 2009 | 12:59 p.m.Beyond the SunXyienceA former CEO of a Nevada sports energy drink company was indicted today by a federal grand jury in Las Vegas on tax evasion charges.Russell Pike of Las Vegas is charged with one count of tax evasion for failing to file a federal individual income tax return for 2006 and failing to pay taxes on more than $6.9 million in income he earned in 2006, said U.S. Attorney Greg Brower of Nevada.Pike is also charged with using nominees and a forward-dated stock sale agreement to conceal his true income from the IRS, Brower said.Pike was arrested Tuesday in Las Vegas and is scheduled to appear in U.S. District Court today before U.S. Magistrate Judge Peggy A. Leen for an initial appearance and arraignment.Pike founded Xyience, Inc., which made, marketed and sold sports energy drinks, most notably Xenergy, which was sold to more than 45,000 stores throughout the United States, according to the indictment.Since Xyience started in 2004,, Pike received at least 12 million shares of Xyience stock, the indictment alleges. During 2006 Pike sold more than 4.4 million shares of his Xyience stock for about $6.9 million. This includes a sale on Nov. 2, 2006 in which Pike sold more than 3 million shares of Xyience stock to an investor for about $5 million, the indictment said.In early 2007 Pike asked that the investor change the date of the stock purchase agreement from 2006 to 2007, so that Pike could avoid paying taxes for 2006.In June 2006 Pike listed his income as $100,000-plus on a brokerage account application. In July 2007 Pike listed his assets as $27 million and his liabilities as $2 million on a life insurance application, the indictment alleges.In September and November of 2006, Pike bought a condominium in Las Vegas, which was titled in the name of a nominee, made payments on a 2005 Lexus SUV that was held in the name of a nominee, and purchased a 2007 Mercedes Benz for $151,614.If convicted, Pike faces up to five years in prison and a $250,000 fine.Pike is a convicted felon who pleaded guilty to grand theft and forgery in California in 1987. He also pleaded guilty to money laundering in 1999.Pike also had a default judgment in a civil suit filed against him by The Mirage after he wrote $300,000 in back checks over two days in 1995. He was found at fault.The case is being investigated by the Internal Revenue Service's criminal investigation division and is being prosecuted by Assistant U.S. Attorney Nicholas D. Dickinson.
Respond to this report!
What's this?

#6 Author of original report

ARMED ROBBERY

AUTHOR: Victum - (United States of America)

Inmate In-Custody StatusIDNameAgeRaceSexCaseChargeStatusRelated CaseArrest DateDetainerCash BailSurety BailHousingSched DepartmentSched ActionSched DateSched Time01559668FLYNN, DAVID M39WhiteMale11F11633XROBBERY WITH A DEADLY WEAPONActive 6/29/2011N$25,000.00$25,000.005BDY12FELONY ARRGN7/5/20118:00 AM     
Searched On 
    &nbspDefendant's ID: 
    &nbspDefendant's Case No: 11F11633X
STAY CLEAR OF THI MANIAC!!!!!!!!!
Respond to this report!
What's this?

#7 Author of original report

Phil zobrist Partner in CRIME

AUTHOR: Victum - (United States of America)

FOUNDER OF ENERGY DRINK COMPANY CHARGED WITH TAX EVASION

LAS VEGAS - - The former CEO of a Nevada sports energy drink company, Xyience, Inc., has been indicted by the Federal Grand Jury on tax evasion charges, announced Greg Brower, United States Attorney for the District of Nevada.

Russell Pike, of Las Vegas, is charged with one count of Tax Evasion for failing to file a federal individual income tax return for 2006 and failing to pay taxes on over $6.9 million in income he earned in 2006. Pike is also charged with using nominees and a forward-dated stock sale agreement to conceal his true income from the IRS. Pike was arrested yesterday in Las Vegas and is scheduled to appear in U.S. District Court at 3:00 p.m. today before U.S. Magistrate Judge Peggy A. Leen for an initial appearance and arraignment.

Pike founded Xyience, Inc., which manufactured, marketed and sold sports energy drinks, most notably, Xenergy, which was sold in over 45, 000 stores throughout the United States. The Indictment alleges that upon the inception of Xyience in 2004, Pike received at least 12 million shares of Xyience stock. During 2006, Pike sold over 4.4 million shares of his Xyience stock for approximately $6.9 million. This includes a sale on about November 2, 2006, in which Pike sold over 3 million shares of Xyience stock to an investor for approximately $5 million. In early 2007, Pike requested that the investor change the date of the stock purchase agreement from 2006 to 2007, so that Pike could avoid paying taxes for 2006.

In June 2006, Pike listed his income as $100, 000 plus on a brokerage account application. In July 2007, Pike listed his assets as $27 million and his liabilities as $2 million on a life insurance application. In September and November 2006, Pike purchased a condominium in Las Vegas which was titled in the name of a nominee, made payments on a 2005 Lexus SUV that was held in the name of a nominee, and purchased a 2007 Mercedes Benz for $151, 614.

If convicted, Pike faces up to five years in prison and a $250, 000 fine.

The case is being investigated by Internal Revenue Service Criminal Investigation and is being prosecuted by Assistant United States Attorney Nicholas D. Dickinson.

The public is reminded that a Indictment contains only charges and is not evidence of guilt. The defendant is presumed innocent and entitled to a fair trial at which the government has the burden of proving guilt beyond a reasonable doubt.
Respond to this report!
What's this?
Report & Rebuttal
Respond to this report!
What's this?
Also a victim?
What's this?
Repair Your Reputation!
What's this?

Advertisers above have met our
strict standards for business conduct.



Ripoff Report Legal Directory