• Report: #194010
Complaint Review:

Robert Ritch, Rob Ritch, Gatekeeper

  • Submitted: Wed, May 31, 2006
  • Updated: Wed, November 25, 2009

  • Reported By:Klamath Falls Oregon
Robert Ritch, Rob Ritch, Gatekeeper
2341 Brookside Road, Axton, VA 24054 Axton, Virginia U.S.A.

Robert Ritch, Rob Ritch, Gatekeeper Accepted Broker Fees and Did No Work. Set Up Credit Card Equipment Lease and Did not Deliver. Axton Virginia

*Consumer Comment: Robert has been an absolute blessing to deal with!

*Consumer Comment: Rob has funded many deals!

*Consumer Comment: Robert Ritch is a great guy

*REBUTTAL Individual responds: What Law Suit?

*REBUTTAL Owner of company: Carl's Business Plan was against the law

*Consumer Suggestion: Report on Robert Ritch

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Robert Ritch presented himself as an investment broker. He accepted fees to find an investor for my business venture. After saying that he was certain to find an investor within 60 days; the fees grew, the excuses grew, and nearly a year went by with no progress. Not a single name of an vaguely interested investor was ever produced.

(By the way, I contacted Mr. Ritch's references and business associates. I also did extensive Internet research before paying any fees. Everything seemed correct. I later learned that Mr. Ritch probably paid his "references" for a positive report.)

When I questioned the value of Mr. Ritch's "efforts", he suddenly "found" and "investor". However, he said that I needed a credit card machine lease worth $5,000 to "establish credit". I did not need credit card machines for the business venture and agreed to the lease only on the condition that Mr. Ritch would take over the lease if the investment money did not materialize.

He signed me up for the lease but had "fax trouble" so I never got a copy of the document. He had the credit card readers diverted to himself. He pocketed the lease brokerage fee of about $2,500.

The "investor" turned out to be one of Mr. Ritch's associates who wanted me to pay for travel, lodging and food for his visit of several weeks to my office to show me how to arrange my company to attract investors. I said that this was unnecessary since I already had a broker (i.e. Mr. Ritch) who had done this work. The "investor" then offered the same deal to show me how to set up a data base for my company operations. I pointed out that, as an IT Project Manager, I was fully qualified to design a data base. The "investor" then offered to come, at my expense, to teach *him* data base design. I declined.

With no real investors interested (and probably none ever contacted), I terminated the brokerage arrangement with Mr. Ritch. He wrote that he transferred the credit card machine lease to his name and said he paid for it with money orders. None of this was true. He never paid a dime or processed any paperwork to take over the lease.

I reported the situation to the Federal Trade Commission and the Oregon Department of Justice. It turns out Mr. Ritch stayed just below the threshold of ripoff that triggers an investigation.

So, Mr. Ritch left me stuck responsible for a four-year unbreakable lease for credit card equipment he is evidently using in his business. He refuses to respond to my calls or e-mails.

Entrapraneurs, Beware! Rob Ritch wants your money and he wants to destroy your dreams.

Klamath Falls, Oregon

This report was posted on Ripoff Report on 05/31/2006 04:04 AM and is a permanent record located here: http://www.ripoffreport.com/reports/robert-ritch-rob-ritch-gatekeeper/axton-virginia-24054/robert-ritch-rob-ritch-gatekeeper-accepted-broker-fees-and-did-no-work-set-up-credit-ca-194010. 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.

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Updates & Rebuttals

#1 Consumer Comment

Robert has been an absolute blessing to deal with!

AUTHOR: John - ()

Robert has been an absolute blessing to deal with! By far, he's one of the most helpful business people we've ever dealt with. Not only did he help us get a higher return on our money, but he also demonstrated a lot of skill in completing deals. He definitely is well informed and truly wants us to succeed. Without question, he's who we trust. Thanks again!

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#2 Consumer Comment

Rob has funded many deals!

AUTHOR: Tonie - ()

Robert was a hired consultant on a significant global finance and operational transformation initiative. He is a strategic thinker with the unique ability to not just create a strategic vision, but to mobilize and operationalize it as well. He has a deep expertise in the Capital Funding space including finance and operational processes. He was a pleasure to deal with as a consultant - demanding but fair, incredibly hard working and always informative

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#3 Consumer Comment

Robert Ritch is a great guy

AUTHOR: Nadine - ()

I have worked with Robert on a number of occasions in the past 3 years, both negotiating with companies in which he had an interest and having him work with me and my colleagues to raise funds for other companies. 

Robert is commercially, financially and technically savvy and very quick to spot opportunities and identify and solve problems. 

Personally he is straight forward; he does what he says he is going to and provides straight answers. I would have no hesitation in working with him again

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#4 REBUTTAL Individual responds

What Law Suit?

AUTHOR: Robert ritch - (USA)

There is not now nor has there been a law suit filed against me in regards to this matter. I am no longer working for the company represented in report; I have started my own firm. Please visit me at http://robertritch.webs.com . I provide a complete business consulting package that will add at least 30% to your businesses bottom line as well as establishing credit for your business in amounts up to $500,000. I look forward to assisting you!
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#5 REBUTTAL Owner of company

Carl's Business Plan was against the law

AUTHOR: Robert Ritch - (U.S.A.)

Carl is complaining about not getting funded but I worked and had a plan of action moving forward when it came to my attention that per Carls plan you can not accept credit cards for rent payments in his state and therefore his whole business plan was not valid.

I did not refund Carl any money because I did not feel that he deserved it. I had put many hours in setting up his business with a credit report and lines of credit only to find out that he was not legal. Therefore I did not get my commission either but I am not suing Carl for my commission and I could if I choose to.
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#6 Consumer Suggestion

Report on Robert Ritch

AUTHOR: Former Business Associate - (U.S.A.)

There is more information on this business including a lawsuit and class action. You have to search this site under Robert Ritch, and Rob Ritch also. David Riley also could be under Dave or David in various sites, agencies, etc.

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