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Report: #575302

Complaint Review: Kirk Sanford Fraud - Las Vegas Nevada

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  • Reported By: Don — Las Vegas Nevada United States of America
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  • Kirk Sanford Fraud 6871 S. Eastern Ave, Suite C Las Vegas, Nevada United States of America

Kirk Sanford Fraud Omer Sattar, Sightline Payments, LLC Kirk Sanford and Omer Sattar Defraud Investors and Corporations Las Vegas, Nevada

*Consumer Comment: KIRK "SCORCHED EARTH" SANFORD IS A SCUMBAG

*UPDATE EX-employee responds: Kirk Sanford is a FRAUD and SCAM ARTIST

*Consumer Comment: Kirk Information

*REBUTTAL Individual responds: Smear Campaign

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Since the late 1990s, Kirk Sanford has defrauded clients and investors out of hundreds of millions of dollars.

An Arizona Department of Gaming Investigation uncovered that Kirk Sanford from 1999 to 2002, while Chief Executive Officer of casino cash access and ATM company Global Cash Access Holdings GCA, had obtained State licensing through fraud, had conspired with USA Payment Systems to defraud banks out of $6.1 million and defrauded VISA and Bank of America out of an additional $26 million.

Arizona Investigation Link: http://www.docstoc.com/docs/8218110/Global-Cash-Access-Notice-of-Intent-to-Deny-Gaming-Services-License

In October 2007, Sanford resigned from GCA immediately before an announcement of an investigation into the company. In late 2007 and 2008 GCA stockholders named Sanford as a major defendant in five lawsuits alleging Securities Fraud, Breach of Fiduciary Duty and Violations of the Securities and Exchange Act.

Newspaper Article Link: http://www.lvrj.com/business/17575549.html

In 2007, Sanford, after his resignation from GCA, became Co-Chief Executive Officer of Xyience Incorporated. Within a few months, Xyience was in bankruptcy. The Trustee in the Xyience Bankruptcy Case alleges in a complaint before the U.S. Bankruptcy Court that Sanford with Xyience Co-Chief Executive Officer Adam Frank and Xyience President Omer Sattar engaged in a conspiracy to defraud Xyience investors out of the $200 million company. Part of their plan entailed putting the company into bankruptcy to wipe out the shareholders' and creditors' investments.  

Newspaper Article Link: http://www.lasvegassun.com/news/2009/dec/31/trustee-files-complaint-xyience-energy-drink-bankr/

U.S. Bankruptcy Court Trustee Complaint: http://www.docstoc.com/docs/20757963/Xyience-Liquidation-Trustee-Complaint

Sanford and Sattar have formed a new company, Sightline Payments, LLC, a casino cash access and ATM company similar to GCA and are looking for new clients and investors to defraud. 

Sightline Link: http://www.sightlinepayments.com/

 

 

This report was posted on Ripoff Report on 02/27/2010 02:22 PM and is a permanent record located here: https://www.ripoffreport.com/reports/kirk-sanford-fraud/las-vegas-nevada-89119/kirk-sanford-fraud-omer-sattar-sightline-payments-llc-kirk-sanford-and-omer-sattar-defra-575302. 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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REBUTTALS & REPLIES:
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1Employee/Owner

#4 Consumer Comment

KIRK "SCORCHED EARTH" SANFORD IS A SCUMBAG

AUTHOR: xyiencesucksdotcom - (United States of America)

POSTED: Monday, July 12, 2010

Kirk Sanford's court history includes being on the losing end of a Civil RICO case and some past troubled dealings with BA Merchant services. He and Karim Maskatiya and Omer Sattar have been engaged in "mis-coding" for a lot longer than the Arizona report reveals.

 

Go to www.xyiencesucks.com to get the full story on this scumbag, and just so you know what he looks like, here's a link to his picture:

 

http://upload.wikimedia.org/wikipedia/commons/thumb/d/d1/KirkBlogPic.jpg/125px-KirkBlogPic.jpg

 

Why did Kirk and all his GCA friends bankrupt Xyience with a "scorched earth" approach? Why did he burn so many shareholders and only assume control of the company for such a short time with Adam "fake" Frank? What did he owe Fertitta Enterprises and the Fertitta Brothers who are owners of Station Casinos? How did he get away with all of his previous scams when I've even spoke to a woman who went to the FBI with information on him? He has friends in high places, and he has access to unbelievable amounts of cash through his powerful friends like Karim Maskatiya. Look up his track record on the PACER service system sometime. Kirk is a liar and a fraud, and I know from my own investigation into this crook that he ruined lives at Xyience to line his own pockets and repay some "favor" to the Fertittas. 

I saw an ad for Sightline and had to laugh, because it actually boasts that they are: "A Company Trying to be a Bunch of Zeros"

Already they have a head start, because Sanford has Zero integrity, zero morals, zero scruples, and zero accountability.   

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#3 UPDATE EX-employee responds

Kirk Sanford is a FRAUD and SCAM ARTIST

AUTHOR: Shea and Carlyon are Frauds - (United States of America)

POSTED: Saturday, April 17, 2010

Kirk Sanford is a Fraud and a Con Artist. 


As a former employee of Kirk's I can tell you the reason he isn't getting any big customers is because the customers don't like him.  Kirk is an alcoholic.  Every one that knows him knows he drinks heavily almost every night.  This really impacts his judgement.


He is an egomaniac who is very rude and confrontational.  He actually is just a bully.  Everyone knows he is not very bright.  He is very dishonest and is always looking for an angle to screw people instead of building an ethical business.


Kirk belongs in prison and in time that is where he will likely end up.  He has narrowly escaped prison so far.  The rumor is that his time is coming soon.  We will see how rude and confontational he is when he meets his match in the big house.


If you are thinking of doing business with Kirk or to work for him, this is your FRAUD ALERT!  Stay a mile away from Kirk Sanford.


 


 


 

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#2 Consumer Comment

Kirk Information

AUTHOR: GlobalDown - (United States of America)

POSTED: Saturday, March 06, 2010

Call him at 0331-467595

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#1 REBUTTAL Individual responds

Smear Campaign

AUTHOR: GlobalDown - (United States of America)

POSTED: Sunday, February 28, 2010

This posting by "Don" is nothing more than an attempt by Global to slander and defame Kirk, Omer, and Sightline Payments to try to eliminate competition. Sightline is the first company that poses a serious threat and they have resorted to a "smear campaign" through posts on "Rip Off Report".

It's not "if" but "when" Sightline takes Global apart that has them so worried. 

"Don" why dont you reveal your true identity so the attorney's can add to the complaint additional claims of slander and defamation.

 

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