Report: #527316

Complaint Review: American Independent Capital Group of Beijing (AICG)

  • Submitted: Sun, November 22, 2009
  • Updated: Tue, December 01, 2009
  • Reported By: DueDiligenceDon — Ontario & Korea Internet Korea (south)
  • American Independent Capital Group of Beijing (AICG)
    Beijing Friendship Hotel Office Center #61624
    Beijing, Select State/Province

American Independent Capital Group of Beijing (AICG) Sam Arnold, Li Arnold, Linda Arnold, Li Dong Ling, John Vickers, Investments-In-China, Mr. Colombia, Athena Learning Center Company now using phony news releases to create credibility for their frauds Beijing, China

*UPDATE Employee: AICG's Rebuttal

Show customers why they should trust your business over your competitors...

American fugitives Sam Arnold and wife Li Arnold (aka Li Dong Ling, aka Linda Arnold) of American Independent Capital Group (AICG) based in Beijing are now using fraudulent and bogus free news release services to perpetuate their financial fraud (non-existent loans) that is documented on Rip-Off Report, and the below links:

(((link redacted)))

DO  NOT  BE  FOOLED  BY  PHONY  NEWS  RELEASES - these people only seek huge up-front fees and never have funded anyone that can be verified. They also give bogus references that are paid to give glowing reports about the company from disposable cell phones.  They claim to be an exclusive agent for the AFL-CIO pension fund, an Arab Group and others but can never provide names or telephone numbers of these mystery funds. [continued below]....

..... Do not sign any contract with AICG without a professional legal review by your attorney because their contract obligates you to pay them even if they do not produce a dollar for you!  If you have any pending or past business with AICG or Sam Arnold, Li Dong Li, or John Vickers, or were already victimized by them, please contact the FBI and

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This report was posted on Ripoff Report on 11/22/2009 07:21 PM and is a permanent record located here: 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. READ: Foreign websites steal our content

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Updates & Rebuttals


#1 UPDATE Employee

AICG's Rebuttal

AUTHOR: AICG - (China)

American Independent Capital Group (AICG) has recently been the victim of a malicious and insulting internet and fax campaign waged by a disgruntled former associate of the company. Using email, fax, and postings on internet forums, this individual has libellously attempted to defame both the company and its employees. By using numerous email addresses and phony identities he has falsely represented himself as a client of AICG, a former client of AICG, a relative of a client, a persecuted whistle blower, and a due diligence researcher. These are just a few of the identities that he has created. He has taken advantage of free speech provisions on US based internet forums that allow him to post lies and defaming material without any checks by the administers of the forums. We must admit that his nefarious attack has been well-conceived and well-executed. The only problem is that almost everything he has written is false.

Of course, all of the internet postings are anonymous or use assumed names. Unfortunately, the nature of communications today allows for this type of cowardly attack to take place. To our knowledge, not one posting, document, or fax has come from our clients, past or present.

Our business operates legally, subject to the laws of the Peoples Republic of China. We strive to serve our clients and fulfil their business needs to the best of our ability. We are not always successful, but our efforts are honest. As in any business, there are sometimes disagreements between our company and our clients, but to date we have been able to resolve them without resorting to litigation. In short, WE HAVE NOTHING TO HIDE, unlike those who choose to conceal themselves with false identities and aliases.

You may have noticed that we have not provided the name of the person responsible for the assaults that we are currently experiencing. We have elected not to do so in this letter, choosing not to openly attack him as he has attacked our company. But his identity is known, and full details of his activities and history will be given to interested individuals upon request.

Please contact us directly if you have any questions about AICG, and please be aware that reading something on the internet does not make it true. If you have any doubts about AICG, or any of our affiliated companies, please give us an opportunity to respond.

John Vickers


+86 (010) 6472 8868

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