• Report: #1117042

Complaint Review: Tristar

Thank You

Read how Ripoff Report saves consumers millions.

  • Submitted: Mon, January 20, 2014
  • Updated: Mon, January 20, 2014

  • Reported By: ICNVLO — Las Vegas Nevada
9065 S Pecos Rd., Ste 200 Henderson, Nevada USA

Tristar Scott Karosa lawsuit against Scott Karosa for the Breach of Contract, Unjust Enrichment, Fraud and Breach of Fiduciary Duty. Henderson Nevada

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!

Dr. Chopra relied and believed on Karosa’s representation and made Defendant Karosa the trustee of his Individual Retirement Account (“IRA”).  It is alleged that Defendant Karosa then devised a fraudulent investment scheme to deprive Dr. Chopra of the money in the IRA account.  Defendant Karosa concocted a ruse to trick Dr. Chopra into authorizing a distribution to one of Karsa's Tri-star Companies.

Defendant Karosa advised Dr. Chopra to get a life insurance policy with Lincoln Financial.  Karosa then had Dr. Chopra come to his office to sign what Dr. Chopra believed were life insurance documents. [continued below]....

.....  However, Karosa surreptitiously slipped into the pile of documents the authorization for a$368,608.81 distribution from Dr. Chopra’s IRA to Tri-star.  Dr. Chopra signed the documents unaware that he was authorizing a distribution from his 401k plan to Tri-star instead of merely signing up for a life insurance policy.  Dr. Chopra has repeatedly requested information concerning the status of the investment but Defendant Karosa has refused to provide the requested information.

Mr. Karosa has a history of deceptiveness and underhanded business ethics.

Read 155 times

This report was posted on Ripoff Report on 01/20/2014 03:11 PM and is a permanent record located here: http://www.ripoffreport.com/r/Tristar/Henderson-Nevada-89074/Tristar-Scott-Karosa-lawsuit-against-Scott-Karosa-for-the-Breach-of-Contract-Unjust-Enri-1117042. 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 Tristar

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?

Advertisers above have met our
strict standards for business conduct.

Ripoff Report Legal Directory