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Report: #1436482

Complaint Review: Crane Kahn - New York New York

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  • Reported By: Carl — New York United States
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  • Crane Kahn New York, New York United States

Crane Kahn Al Kahn Alfred R. Kahn Investment Loss New York New York

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Avoid doing business with Al Kahn of Crane Kahn LLC. Al Kahn is the founder of 4kids Entertainment, who went from a billion dollar valuation to zero after filing bankruptcy once as 4kids Entertainment, and then again as 4Licensing Corporation. Kahn looted 4kids for millions, while investors took one hundred percent losses.  With the I'll gotten gains, Kahn bought Madoff's penthouse, a further slap in the face to investors he wiped out.

Al Kahn played a large role in the second bankruptcy, as well, after the company had changed its name to 4licensing Corporation. By conspiring with then CEO Bruce Foster to manipulate the vote at the 2015 annual meeting, Kahn made sure that Foster retained to further loot the company. After the last of the money was relieved from the coffers, Bruce Foster simply handed in the keys, and transferred the company to Al Kahn, Phil Frohlich, Wade Massad, Ken Feldman and Leslie Rudd, leaving the average shareholder with one hundred percent losses.

 

Al Kahn has a history of destroying other people's money. Do not let him do it to you. Do not let him rewrite history. Investors lost it all.

 

This report was posted on Ripoff Report on 03/29/2018 10:29 AM and is a permanent record located here: https://www.ripoffreport.com/reports/crane-kahn/new-york-new-york-10065/crane-kahn-al-kahnalfred-r-kahn-investment-loss-new-york-new-york-1436482. 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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