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  • Report: #759995

Complaint Review: RUSSELL PIKE

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  • Submitted: Tue, August 02, 2011
  • Updated: Mon, April 02, 2012

  • Reported By: EX-WIFE #3 — las vegas Nevada United States of America
RUSSELL PIKE
650 White Drive Las Vegas, Nevada United States of America

RUSSELL PIKE, RUSSELL C PIKE-LINDSEY PINAFEL CON MAN, CRIMINAL, FELON Las Vegas, Nevada

*General Comment: Russell Pike Gets CONVICTED AGAIN. David Flynn, Lindsey Pinapfel, Pete Rinato all about to see their criminal overlord stop feeding them!!!

*UPDATE EX-employee responds: IBGSearch.com, IBG Search, IBG.com changes its name to hide from online comments from dissatisfied customers, employees, lenders and investors. If you've hired them, get out now! Liars. PONZI!!!

*UPDATE EX-employee responds: Russell Pike, Russell Craig Pike, Lindsey Pinapfel, Internet Business Group.com, IBG.com, Xyience

*Author of original report: FELON

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Russell C Pike and his girlfriend Lindsey Pinafel are like BONNIE & CLYDE of Las Vegas. Like all of Pikes Ex-wives He will take you to the river and bring you back dry!!!!STOCK SCAM,FAKE PPM'S DO NOT INVEST WITH THESE MODERN DAY ROBBERS!!!!!!

This report was posted on Ripoff Report on 08/02/2011 06:06 PM and is a permanent record located here: http://www.ripoffreport.com/r/RUSSELL-PIKE/Las-Vegas-Nevada-/RUSSELL-PIKE-RUSSELL-C-PIKE-LINDSEY-PINAFEL-CON-MAN-CRIMINAL-FELON-Las-Vegas-Nevada-759995. 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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1Author 3Consumer 0Employee/Owner
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#1 General Comment

Russell Pike Gets CONVICTED AGAIN. David Flynn, Lindsey Pinapfel, Pete Rinato all about to see their criminal overlord stop feeding them!!!

AUTHOR: Yahoo! - (United States of America)

Russell Pike was found guilty of willful tax evasion in Federal court for the district of Nevada today, April 2, 2012. This is the THIRD time Russell has been convicted of a felony!

Prosecution moved the court to incarcerate Mr. Pike pending his sentencing, seeing Pike has "pending criminal investigations."

This suggests that Russell Pike has additional pending criminal investigations against him... Could these stem from his ponzi and racketeering? Could this mean another trial and another sentence... NUMBER 4?

Beware now... 90 days to sentencing (Monday, July 2, 2012 at 10:00 a.m. in Vegas). Russell's gonna scramble to make sure that he has his toadies installed in positions of control to try to keep his companies going like he did last time he went to federal prison.

So watch out for Lindsey Pinapfel, David Flynn, Pete Rinato, Ron Soloman, Ric Klingenberg (aka Richard Weston or Rick West), William "Billy" Pike (brother) and Jennifer Capri Pike (aka Jennifer Sue Capri). These people may be coming for the last nickel in your coin purse!!!!
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#2 UPDATE EX-employee responds

IBGSearch.com, IBG Search, IBG.com changes its name to hide from online comments from dissatisfied customers, employees, lenders and investors. If you've hired them, get out now! Liars. PONZI!!!

AUTHOR: user740123 - (United States of America)

IBG.com aka Internet Business Group.com, Inc. has gone by many names.

IBG.com
InternetBusinessGroup.com
IBGSearch.com
Internetbusinessguardian.com
Positivesearchresults.com
Positivesearches.com
and likely others as well in the past and in the future. Check for yourself, all these pages are too similar. 

Truth is, none of the companies have any real ability to do what they claim they'll do, which is to protect your name and reputation online.

The founder of the company is Russell Pike. He used to be CEO. I heard he quit that position to distance his criminal past from the company so it'd be easier to con investors and clients. No one really likes investing with a known felon who engages in forgery, fraud and money laundering.

Type "Russell Pike" into Google, or "Russell Craig Pike." All his misdeeds pop up all over the place. If he can't even protect himself, how's he going to protect you? The answer is, he's not. But he hopes you won't notice that until he and his cronies at IBGsearch.com (or whatever they call themselves today) have taken thousands of your dollars (preferably tens of thousands).

His cronies at IBGsearch.com, etc., likely include David Flynn (aka Michael Flynn) who is charged with robbery with a deadly weapon, Lindsey Pinapfel (girlfriend), Pete Rinato (long-time business partner), Ric Klingengberg (major conman), Talor Zamir, Carol Brown, Todd Tobin,  Beth Tobin, Joe Sanchez (aka Joedaboss and JoeLyte), Michelle Sanchez, Patrick Pizzaferrato, Jr. (Felon/Drugs), Larry Pettis (Felon/Drugs), Ron Solomon, Jennifer Capri Pike (wife), Justin Pike (son), Hillary Pike (daughter), Billy Pike (brother).

This cast of characters follow Russell from scheme to scheme lying, cheating, threatening, etc. Any way they can help Russell con more money to help feed his degenerate gambling habit and mounting attorney bills. 

His attorney bills never end. He goes to trial on Monday, Jan 23, 2012 for tax fraud. If the feds get him on this, he'll likely go to prison for the third time. If he does get sent up, then IBGsearch will probably limp along under Pete Rinato's hand, for awhile. They were partners in companies going back to the Xyience days, before Russell ran up $56 million+ in debt there, driving it into bankruptcy and wrecking all the shareholders investments. 

If they've asked you to invest, DON'T! No matter how good a deal they make it sound, there lying.
If they're looking for a loan from you, DON'T do it! You'll never see the principal again.
If they are courting you to be a client, DON'T sign a contract. You'll never get the results they promise. Go to a different online reputation company that has good reviews elsewhere. Though, be forewarned that nothing will every really defend you online. Not with websites like this one, Ripoffreport.com, scam informer, pissed consumer and all sorts of other Internet burn boards where people can just tear your reputation to shreds anonymously.

IBGsearch.com recently got a high profile and wealthy client, Daren Metropoulos, one of the sons of C. Dean Metropoulos, the billionaire. Daren bought a fancy house just down from the playboy mansion and, with his father and brother, is part owner of Pabst Blue Ribbon Brewery. The word is that he hired IBGsearch because the word "arrested" pops up in the Google drop down menu when you search his name. IBG"claimed" they could make this go away. You gotta assume the guy has no idea that hiring these fools only hurts his reputation and his bank account. His father and brother ought to encourage him to seek different help to cleanse his reputation. He and his family deserve better. So do you!
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#3 UPDATE EX-employee responds

Russell Pike, Russell Craig Pike, Lindsey Pinapfel, Internet Business Group.com, IBG.com, Xyience

AUTHOR: Would the real whistleblower please - (United States of America)

Russell Craig Pike is scheduled to go to trial in Federal Court for the Southern District of Nevada on November 14, 2011 for tax evasion. This trial stems from Pike's failure to pay taxes on his 2006 sale of $6.9 million in personal shares
of Xyience (pre-bankruptcy). That trial date has been continued 8 times. It is not expected to be continued again, so Pike's trial ought to begin at 9:30 a.m. on Monday November 14, 2011 in Judge Mahan's court at 333 S. Las Vegas Blvd,
Las Vegas, NV 89101.

This is not the first time that Pike has been indicted. Pike was indicted in U.S. District Court on July 9, 1997, on several counts of bank fraud, money laundering and aiding and abetting. He was sentenced in June 1999 after
pleading guilty to money laundering (http://www.lasvegassun.com/news/2001/feb/13/attorney-mum-on-criminal-record-of-man-suing-purch/). Prison officials say he was committed into the minimum-security Federal Prison Camp near Nellis Air Force Base on July 16, 1999. He was released on December10, 2002 (http://www.bop.gov/iloc2/InmateFinderServlet?Transaction=NameSearch&needingMoreList=false&FirstName=Russell&Middle=&LastName=Pike&Race=U&Sex=U&Age=&x=71&y=16). Tied to this conviction, Pike was ordered to pay in excess of $2.36 million in restitution.

Pikes time at Nellis was not his first trip to prison. He was previously sentenced to 16 months in California state prison in connection with two felonies, grand theft and forgery, in 1987
(https://ocapps.occourts.org/Vision_Public/DisplayCaseInfo.do?caseobjid=1319236759571&src=case_src).
And thats not the only time that Pike has had a run in with the state of California. In 2007, the California Corporations Commission barred Pike from offering securities in California for his prior misleading of investors while selling shares of Xyience in a manner tantamount to fraud (http://www.corp.ca.gov/ENF/pdf/2007/xyience.pdf).

But all of the foregoing is that part of Pikes life of crime that has been fairly well documented and reported, perhaps not entirely accurately, before. Our concern is that which has not been reported.

Following Pike being cast out of Xyience, he founded Mainstream Ventures, Inc. Though Pike was at all times the control person for Mainstream, he purportedly had his girlfriend, Lindsey Pinapfel, actually file to establish the company. Likewise,
Pike had Pinapfel found Global Business Marketing, Inc., Positive Search Results, Inc., Positive Searches, Inc., and Internet Business Group.com, Inc. Pike appeared at all times to be the control person for each of these companies, and other than Global Business Marketing, Pike purportedly hand-picked and appointed each member of the board of directors (if the company actually had such a board). Other than Global, none of Pikes companies ever have shareholder meetings or hold elections as required by state law or formal board meetings. These companies apparently were founded as corporations merely so Pike could sell stock, but not one of them, other than Global (perhaps), ever followed the statutorily-required corporate forms. Why? Because they're NOT CORPORATIONS!!!

These companies, in fact, appear to be little more than Pikes sole proprietorships. Nevertheless, they sold stock through private placement memoranda and raised money under convertible-debt offerings. Each time, the sale was tantamount to
fraud (for the same reasons described by the California Corporations Commission in 2007, and many more). Many insiders of Pikes purported companies claim that he uses these companies as his own personal piggy banks to pay legal fees for
his unceasing legal battles and degenerate sports betting. Though others claim the sports betting isnt a degenerate gambling habit but a means to launder money. It is believed that at least $900,000 was siphoned out of Mainstream
alone through one (likely of many) known channel, R & J Apparel, Inc., another company founded by Lindsey Pinapfel. All the while, Pike was begging investors to infuse the company with more capital to shore up Mainstream's
eroding finances. What a crook!

Though Pike purportedly has founded these many companies, he never appeared as a shareholder, board member or even employee of any of them (he purportedly hid his stock ownership in each under the names of his two oldest children, Justin
Pike and Hillary Pike, his brother, William "Billy" Pike, Jr., and two holding companies purportedly presided over by his brother). He has cleverly implemented strategies to veneer his purported control of these companies. In addition to the foregoing, he purportedly places people, who he controls through persuasion and financial duress, into such positions as CEO, COO and President. One such victim is David Michael Flynn, a person who purportedly has lost nearly $1 million of his familys money through Pike-related companies, and purportedly is on the hook for a $1.2 million personal guarantee on a Lease on which Pikes company, Internet Business Group.com, Inc. defaulted. Looks like Flynn will be headed for a personal
bankruptcy, thanks to Pike. I'm sure he can get advice from Pike, whose declared bankruptcy himself and bankrupted at least one company (though many more are likely).

All the while, Pike purportedly has one or more of his companies make cash payments to his brother, daughter, son, girlfriend, girlfriends sisters and his wife, YES, WIFE!!! Pike is still married to Jennifer Capri Pike of Las Vegas despite
having been "dating" and purportedly living with Lindsey Pinapfel for about six years. Jenny Pike has her own history with the law and felony conviction to prove it. Why would Pike remain married yet estranged these many years? Is it simply to preserve spousal privilege in the event either of them are ever called to testify against the other? Is it because he intends to go back to her when he finally hangs Lindsey out to dry, having laid liability for his improprieties at her doorstep? Who knows? Whatever, his plans are, it should be appalling to the shareholders of Pike-related companies that their
investments are purportedly being turned into payments to his family members who never provide much, if any, value to the companies that make the payments.

Russell purportedly has conned many Navy SEALS and other servicemen, a terminal cancer patient living on disability stipends, Las Vegas business luminaries, Wall Street Venture Capitalists, employees and vendors out of millions. One estimate places the 25+ year toll at $80+ million. He has ruined lives. he has ruined reputations by association.

If this story remains untold, hell continue to be a predator.

If you've been conned by Russell Craig Pike, make sure you shout your story to the securities enforcement division of your
Secretary of State. Talk to the FBI. Talk to your state attorney general. Band together with other victims. He cannot keep blazing this trail of destruction if you work with others like yourself to stop him. Don't stay silent.

And DON'T BE AFRAID!!! It is true that certain people who are former employees of Pike-related companies who were believed to be "making waves" for those companies (i.e. they were going to authorities to blow the whistle) were visited by violent felons and threatened with harm to themselves and/or their families.  But all of those people are still walking and talking.  Call Pike's bluff.  He cannot stand against the many he's conned when they raise their voices together to the proper governmental agencies.
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#4 Author of original report

FELON

AUTHOR: Victum - (United States of America)

Pike, Russell - Department of JusticeApr 15, 2009  Russell Pike, of Las Vegas, is charged with one count of Tax Evasion ... Pike founded Xyience, Inc., which manufactured, marketed and sold ...
www.justice.gov/usao/nv/press/.../pike04152009.htm - Cached - Similar
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