Complaint Review: Robert Ritch - Knoxville Tennessee
- Robert Ritch 9111 Cross Park Drive Knoxville, Tennessee United States of America
- Phone: 877-490-5615
- Web: www.robertritch.com; www.enrollment...
- Category: Advertising / Deceptive
Robert Ritch Ritch and Associates, Robert Ritch and Associates investor Knoxville, Tennessee
*General Comment: Sounds like ole Robert Ritch with a "t" to me.....
*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
*Author of original report: Point Proven!
*REBUTTAL Owner of company: The guilty yell the loudest!
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Beware!!! Beware!!! Beware!!! Beware!!! Beware!!! Beware!!! Beware!!! Beware!!!
Do not give Robert Ritch any of your money, he is a scam artist. Mr. Robert Ritch advertises on robertritch.com that he provides funding to business for their ventures. The truth is that he will talk a smooth "game" during the free consultation, but when he gets your money, his story changes. After he received our $1000 he drove to meet to my Board members and myself, but started saying that he didn't have any available funds to help us because his funds were in an offshore account.
After receiving our $1000, the only thing Mr. Ritch said he could do to help us was to issue a Letter of Credit to us. I called several banks to see about this "Letter of Credit", and none of the banks would accept it. They all told me that Letter of Credit are issued by lending institutions and they never heard of someone like Mr. Ritch trying to issue a letter of credit. Some of the bank associates even warned me to be careful because it sounded like a scam. Well, too late because he already had our $1000.
During the initial telephone consultation, I clearly outlined our existing situation and details about the property we are trying to acquire. I specially told Mr. Ritch that we were a non-profit school, and he still said he could help us. He stated that he would be willing to grant some of the money to us and use it as a tax write-off. During our face-to-face meeting, Mr. Ritch said that he was not willing to grant any of the money to us, and that his funds were tied up in offshore accounts.
Beware because most scam artists don't actually make a face-to-face visit, but that's a cover up to try to justify hsi scam. He was driving from Tennessee to North Carolina and he offered us nothing of value, so we are seeking to have our money refunded by Mr. Robert Ritch.
Also, don't be fooled by his LinkedIn profile at www.linkedin.com. I initially found Mr. Ritch on LinkedIn and his profile seemed very impressive, but it's all just a scam.
During the face-to-face meeting with Mr. Ritch, he would not stay on the topic of business. He kept talking about his family and the many businesses that he owns. He talks a good "game", but don't be fooled.
If you search the RipOffReports on this website, you will see other entries in 2008 and 2009 for Mr. Robert Ritch. In his replies to consumer complaints, he explained that he was working under another company when those complaints happened, but don't be fooled. He will more than likely reply to my complaint by trying to say something negative about me or my company, but he just doesn't want to admit that he is a scam artist. He began to call me demanding when I started questioning him about my money.
I later found out from authorities that it is illegal to accept money from consumers prior to delivering the service. He requested and accepted our $1000 and delivered absolutely nothing.
This report was posted on Ripoff Report on 05/27/2011 06:10 PM and is a permanent record located here: https://www.ripoffreport.com/reports/robert-ritch/knoxville-tennessee-37923/robert-ritch-ritch-and-associates-robert-ritch-and-associates-investor-knoxville-tenness-734153. 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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#6 General Comment
Sounds like ole Robert Ritch with a "t" to me.....
AUTHOR: Gary - (United States)
SUBMITTED: Saturday, February 10, 2018
Ole Robert Ritch only took me for $500 dollars, but that was nothing to me to wipe our rears with him. I have a Patent and Trademark on a new product about to be released and can be cross-referenced at our new website found at HillBarrow.com He thought I was stupid and didn’t have any money or an attorney, but he found out that we surely did have both, and needless to say our agreement was dissolved legally and naturally by all the false and misleading info. he breached and falsified in said contract. He also didn’t realize that I have a "real" legal background in law myself, so as he tried to fear and bully me with his made up law terms and his lighting speed ninja reflexes, but to his dismay I was compiling a list of things that didnt add up and his writing skills was one of them......literally!
My attorneys also found out that Robert Ritch's address was phony per the contract as well, and they had to locate him by other legal means. He tried to do exactly what you said to me, but when he wouldn’t show me the money when I asked him for ONLY $20,000, at a 32% ROI for parts for to begin assembling the product, nowhere near his agreed upon $250,000 line of credit, I then set into motion a plan to call his bluff. To his not knowing and sincere stupidity, our messages were getting forwarded directly to my attorney as he began to make his legal threats, and as it all played out. He tried to make it sound as if he didn’t know the product, my patent was all the sudden challengeable, then he revealed and posted signs of clear collusion with the competitor while he was under "Fiduciary duty" per our contract as well. As a direct result he chose to scapegoat by belittling and discrediting me and the product with numerous, outrageous, false, and phony claims; in an online posting(s) keyboard courage type of deceptive way of course.
It was a no-brainer to us after some time passed that he was a total scam artist and a phony fraud that couldn’t lawyer or fight his way out of a fat paper sack. Mr. Ritch was unaware of my financial well-being and he took me for a dumb Hillbilly from WV, but he should've known that if I had the money for the rewarded patent and trademark, I have the money to deal with a phony like him. He talks as if he is some sort of obese ninja in disguise, but just like all his other smoke he blows, he never considered what my tough up-bringing and background might consist of. Being raised by my grandmother in the sticks of Boone County W.Va, home of the "Wonderful Whites of West Virginia", Pill capital of the world, I've dealt with all sorts of people looking to scam someone for their next high; my experience as a 13 yr. business owner of American Pride Concrete Construction Co. helped call him for what he really is as well too.
Because he had no legal leg to stand on and I actually felt kinda sorry for someone so desperate that he has to lie and scam his way through life, that I chose not to file suit in hopes he wouldn’t go away mad, but just go away instead. Today, February 10, 2018 we found out that Mr. Robert Ritch went to our HillBarrow Facebook page and give the HillBarrow a "1-star review" at a time when the product is not set to be released to the public until April 30th 2018....Imagine that!?
He was fore-warned by my attorney in written form per the letter provided below, to stop decimating my character and stop trying to damage my product and business reputation. Apparently though he is not as smart as he thinks he is and truly believes his is above the law and I won’t prosecute him to the fullest extent of it if he don’t remove the "1-star" review immediately and never attempt such a petty, self-centered, and decimating act ever again. Mr. Ritch, I advise you to not mistake my kindness for weakness, cause I'm telling you I am not skeered of you in ANY way....not one bit!
I ask that any and all people that have been scammed by Robert Ritch and have experienced his deceptive and fraudulent ways 1st hand please contact the Stockwell and Smedley law firm to put your name in our already growing pot.
My attorneys, whom reside at the Stockwell & Smedely lawfirm here in Lexington, Kentucky, can be reached by visiting their website found at: Stockwell-Law.com. Please review our letter sent to Robert Ritch by my attorney(s) below:
Respectfully,
Gary WV
August 10, 2017
PRIVILEGED SETTLEMENT COMMUNICATION
Mr. Robert Ritch VIA EMAIL
1550 West McEwen Drive ORIGINAL VIA MAIL
Suite 300
Franklin, Tennessee 37067
Re: Gary Vandelinde/Tinker Tech, LLC
Dear Mr. Ritch:
Our firm represents Gary Vandelinde. Our client recently brought to our attention the issues surrounding your agreement with our client, Tinker Tech, LLC, and your proposed termination of the agreement.
First, we reviewed your email of August 7, 2017 to our client wherein you state you are “dissolving” the agreement of January 27, 2017. It is our understanding that agreement included the requirement for you to make available a line of credit in the amount of $250,000 to Tinker Tech, LLC, in consideration of you receiving a 55% ownership interest in Tinker Tech, LLC. The agreement also included some type of license to the rights to Mr. Vandelinde’s patent, US Patent No. 8,997,903.
We note that our client has not been provided a copy of the agreement referenced in your August 7, 2017 email to Mr. Vandelinde allegedly “dissolving” the agreement. Therefore, please provide us with a copy of the agreement in order for us to better assess the best manner in which to accomplish both parties’ goal of moving on.
That said, our client agrees that termination of the agreement, including the license of our client’s patent and trademark to Tinker Tech, LLC, along with your redemption of your membership interest in and to Tinker Tech, LLC and
Mr. Robert Ritch
August 10, 2017
Page Two
resignation from any positions with the company, is for the best. While our client acknowledges termination of the agreement and your interest in Tinker Tech, LLC, it is likely that additional documentation is necessary to appropriately reflect these changes within the LLC.
We would also remind you that as a member and officer of Tinker Tech, LLC, you had a fiduciary duty to the LLC, up to the date you left the LLC. This would include not taking any actions to negatively interfere with or harm the company’s business.
Despite our client’s shared desire to terminate the relationship, we must also request that you immediately remove the blog entry on your website robertritch.com, dated January 29, 2017, and updated July 18, 2017. This entry includes several false allegations against our client that ultimately defame his character and reputation. Please immediately remove this post, as well as any other written or electronically disseminated statements to third parties that defame our client.
The blog entry at issue, as well as your August 7, 2017, email contain a reference to our client being unable to produce a prototype that would result in a product that would yield at least a 15% profit margin on sales. We again can only assume that this was a requirement from the agreement. However, we understand that you were aware of and copied on all correspondence our client had with potential vendors, and as you saw from those emails, Mr. Vandelinde expended a significant amount of time and often staked his reputation with these vendors based on moving forward with product. Our client maintains that despite the difficulties in scaling that would be involved with the small scale production of a new product, the product would have ultimately exceeded the 15% margin referred to in your blog entry.
Please also return all copies of any proprietary or trade secret materials provided to you by our client, including, but not limited to, prototypes, drawings, designs, vendor lists, customer lists, and financial information related to Tinker Tech, or Tinker Tech’s products.
As we said, our client has determined that it is in his and his family’s best interest to move on from this deal.
Mr. Robert Ritch
August 10, 2017
Page Three
However, we must ensure that this is done properly, and in order to do so, we require a copy of the January 27, 2017 agreement.
We look forward to receipt of a copy of the agreement, along with your confirmation that you have removed any potentially defamatory and false statements from your website or other sources, and thereafter, we will let you know if we believe any additional action is necessary.
Very truly yours,
STOCKWELL & SMEDLEY, PSC

#5 Consumer Comment
Robert has been an absolute blessing to deal with!
AUTHOR: John - ()
SUBMITTED: Thursday, July 17, 2014
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!

#4 Consumer Comment
Rob has funded many deals!
AUTHOR: Tonie - ()
SUBMITTED: Wednesday, July 16, 2014
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

#3 Consumer Comment
Robert Ritch is a great guy
AUTHOR: Nadine - ()
SUBMITTED: Friday, June 06, 2014
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

#2 Author of original report
Point Proven!
AUTHOR: RSCA - (United States of America)
SUBMITTED: Friday, June 24, 2011
I warned you all in my initial report that Rob Ritch would come up with bogus stories to try to hide the fact that he is a liar and a cheat.
I actually have proof from several members of my Board that Rob Ritch kept avoiding "business" talk when he arrived to meet with us. He kept talking about his family and didn't discuss any concrete business ideas.
Just read other posts over the Internet about Robert Ritch and you will see that he goes around ripping people off.
I have also filed other reports against Rob Ritch with other agencies. I filed a report against him with the Better Business Bureau, and the mail sent to him came back undeliverable.
He also was untruthful about my conversation with him concerning the Letter of Credit. First of all, he didn't mention anything about a letter of credit during our initial over-the-phone conversation. Over the phone he stated that he had reviewed our financials and everything looked good, and he would be visiting us to close on a deal.
The next day after meeting with Rob Ritch, I called several banks about accepting his "Letter of Credit" and several banks warned me that it sounded like a scam. Believe me, IT IS A SCAM! One bank told me they would look into it to see if his letter could be used, and that's what I told Rob. The banker came back to me after checking and confirmed that it sounded like something fraudulent and they would not accept it.
Rob Ritch obviously doesn't check the financial statements of those he make promises to because if he did he would see that my husband and I are not profiting from the business. He would have seen that the money we make goes right back into the school. We pay for tennis lesson and tournaments for our students out of the school funds ($60/week); we give discounts to families who cannot afford full tuition (you can find proof of this on our school website at www.rscacademy.com; we accept subsidy payments from the government to assist low-income families; and much more. When Rob Ritch made the comment that my husband and I are making good money off of the business, he OBVIOUSLY didn't review our financials.
If you notice, every time you call Rob Ritch, some lady answers the telephone, and you can hear children and other noises in the background. Also, if you say you really need to reach him, she says "I'll send him a text". Just not very business like.
Also, Rob's letter of intent had misspelled words in it and so does most of his writings. He obviously doesn't have any professional people doing business for him.
All I can say is that you should not give Rob Ritch one cent of your money. He knows that it was his intent to scam us, and God will see to it that he is punished. People like him NEVER win!
If you want even more proof and testimonials from others on my Board, please feel free to let me know.

#1 REBUTTAL Owner of company
The guilty yell the loudest!
AUTHOR: Robert ritch - (USA)
SUBMITTED: Friday, June 24, 2011
I did charge $1,000 and if you run the mileage from Knoxville TN to Wake Forest NC and returning you will find that I charged the standard government per-Diem rate plus $400 to cover my time to inspect the building that she proposed to buy, meet with her board of directors and perform a background check on the company.
The facts are simple:
- Her company is registered as a non-profit but is really a for profit that she and her husband draw a good income from
- Her business did not have the assets to back the loan
- Her business did not have the income to support the loan; she wanted me to base the loan on projected sales.
- The building she wanted to buy had very little value because it was set up as a school which would make the resale in case of default hard. This is why Suntrust was selling it at such a discount and it was still on the market. The Raleigh area is growing in spit of the economy and a building like that should have sold quickly.
- I offered and mentioned using a letter of credit on the phone call and even spoke directly with Ron Lancaster who works for Branch Banking and Trust and sets on her board about using the LOC as collateral. He fully understood what I was talking about
- She is correct about only financial institutions being able to issue LOC's but fails to remember that I am part owner of an off shore bank/insurance captive. I explained this to her on the phone.
- Roxanne emailed me that she had a local bank willing to take the LOC as collateral. I would post it here but it will not let me. Contact me at info@robertritch.com and I will be glad to provide you a copy. Normally I would consider this confidential information but since Roaxanne wants to make this public, I no longer feel obligated to keep it confidential.


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