Complaint Review: John Stach - Eveleth Minnesota
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- Author Not Confirmed
- John Stach 201 Jackson Street Eveleth, Minnesota USA
- Phone:
- Web:
- Category: Unusual Rip-Off
John Stach VSPRODUCTS.COM, vspnorthamerica.com, vpowerenergy.com Likely Scam selling discounted invoices that never pay Eveleth Minnesota
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Business Opportunity. Manufacturer has invoices out to its retail stores for 7500.00 and 15000.00 each. We are selling these invoices for 6000.00 and 12000.00 each and the retailer pays the invoice buyer 7500.00 and 15,000.00 in 90 days. You can buy 1 or as many as you can afford. ph 218-296-7318 or sales@vpowerenergy.com
Hi There,
A colleague noticed this ad in the online addition of the Globe and Mail (Toronto-based newspaper), and call the company. He talked to a “John Stach” who promised to sell him invoices. I am in the commercial finance business and it sounded fishy to me. In about 30 minutes I found the following information:
- A gentleman by the same name (John Stach), with a similar company name (VS Products Inc.), and offering a similar invoice discount ‘opportunity’ was named in an Ontario lawsuit in 2015 for apparently ripping off someone off for $156,000: https://cases.legal/en/act-ca1-943357.html
- ‘John Stach’ has also been named on this website, “Ripoff Report”, in earlier this year for running the same scheme: http://www.ripoffreport.com/r/VS-Products-Inc/Sault-Ste-Marie-Ontario/VS-Products-Inc-John-Von-Stach-Sells-accounts-receivables-at-discount-and-doesnt-supp-1296060
- And The registrant of URLs for both companies is “John Stach”: https://whoislookup.ninja/whois/vpowerenergy.com and https://whoislookup.ninja/whois/vsproductsinc.com
- There is another company named VSP North America LLC based in Grand Rapids with the URL http://www.vspnorthamerica.com that does not have “John Stach” has the URL registrant but does have what appears to be the exact same gallery photos on website as the galley photos on the www.vpowerenergy.com
- There’s more: http://www.ripoffreport.com/r/VS-Products-Inc/Sault-Ste-Marie-Ontario/VS-Products-Inc-John-Von-Stach-Sells-accounts-receivables-at-discount-and-doesnt-supp-1296060
This could all be a remarkable coincidence but I doubt.
This report was posted on Ripoff Report on 12/14/2016 10:59 AM and is a permanent record located here: https://www.ripoffreport.com/reports/john-stach/eveleth-minnesota/john-stach-vsproductscom-vspnorthamericacom-vpowerenergycom-likely-scam-selling-disc-1343184. 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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