Ken Thompson, President Of Mincom Realty System - Ken Thomspon Rip-off Real Estate Appraisal and Fraudulent Investment Financing under Mincom Realty System, Ontario Inc. Peterborough Ontario

I would like to submit a personal story to your Rip-off Report.

The matter has to do with a Real Estate Appraisal fraud and investment that is being done by Ken Thompson, President and a Real Estate Broker of Mincom Realty system Inc. 755165 Ontario Inc. with its Head Office based in Peterborough.

I feel quite strong about this story and which I hope will shed some light as well as raise a few eye-brow with respect to this person blatant and fraudulent activity that is being done daily.

The manner in which this fraud is being committed, would be under the disguise or claim that he's a licensed accredited appraiser (AACI) with the Ontario Association of the Appraisal Institute of Canada and with him being a Real Estate you would tend to automatically believe him.

He would also make claim that he could provide construction financing for any size development project in Canada or internationally with a minimum amount of paper work required as opposed to a traditional lender such as a bank, and could provide financing within 48 to 72 hours.

He would however require that an appraisal fees be paid up-front by cash or money order and must be couriered to his office in Peterborough via Purolator.

Should the project happen to exist outside of Canada, you are required to pay for his flight cost, plus accommodation.

His appraisal fee charge are exuberant with the lowest fees, such as in my case was USD$5,000, but has not provided any formal documentation in exchange for the fees paid.

The project in question had to do with the propose development of the Buccaneer Island Adventure Theme Park and Hotel Resort www.buccaneerislandadventure.com

However, upon returning to Canada, and having become very suspicious of his behavior, I decided to look into his credentials as claimed.

It was discovered upon contacting the Ontario Association of the Appraisal Institute of Canada, that he was licensed in 1992, but left in 1994 and has not been an active member since, and is prohibited from providing any form of real estate appraisal services in Canada or any other country for that matter, and thus would be invalid or of no merit.

However as a means of ensuring that this type of practice by this individual become exposed, I would like to submit this story to Rip-Off Report.com to fully expose this individual fraudulent business practice which I'm sure consist of a long list of individual who have been taken by Mr. Ken Thompson.

I would like to thank you in advance for your time and indulgence in this matter and hope that you will yeild to this warning and not become another victim of fraud by Ken Thompson.

In the event that you are the victim of this person fraudelent buisness practice. Please contact the following Law Enforcement Agency contact below to file a formal report. Thank you.

Corporal: Mona Eichmann, Royal Canadian Mounted Police(RCMP)
Commercial Crime Division

Tel:(905)876-9647
Fax:(905)876-9757
mona.eichmann@rcmp-grc.gc.ca

Sincerely,

Yusuf
Whitby, Ontario
Canada