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Report: #775201

Complaint Review: Vahagn and Armen Nahabedian - ojai California

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  • Reported By: jordan — las vegas Nevada United States of America
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  • Vahagn and Armen Nahabedian 420 Bryant Circle ojai, California United States of America

Vahagn and Armen Nahabedian Nahabedian Exploration group oil and gas ojai, California

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Vahagn and Armen Nahabedian are supposed to be experts in the exploration and development of oil and gas fields in california.  in 2009 I met them and invested millions of dollars into their projects after seeing their elaborate offices and vast assembly of geologic presentations.   Yes, i know that the oil and gas business is high risk and that every scam known to madkind probably came out of this industry but the charm effect of Armen Nahabedian was wholely disarming and i believed them to be honest and straight shooters.

Oil was trading at $40 per bbl when we invested over 3 years ago.  now that oil is $110 in the state of california we have yet to see any returns over 1% of our investments due to " expenses"  If you are going to do a deal with NEG ( Nahabedian Explorations group) or Armen and Vahagn Nahabedian make sure they are NOT the operators of the fields otherwise you will be in the same boat im in.  These guys are very smooth!  be extra carefull!  they do know how to find oil and their father ( Mark Nahabedian) is an expert geologist with a very stong reputation in oil and gas discovery in the State of California. 

This report was posted on Ripoff Report on 09/10/2011 11:50 AM and is a permanent record located here: https://www.ripoffreport.com/reports/vahagn-and-armen-nahabedian/ojai-california-93023/vahagn-and-armen-nahabedian-nahabedian-exploration-group-oil-and-gas-ojai-california-775201. 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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