Complaint Review: Ploutosoil - St Hartford Kentucky
- Ploutosoil St Hartford , Kentucky USA
- Phone: 270-504-7018
- Web: Ploutosoil.com
- Category: Investment Brokers
Ploutosoil Ploutosoil.com Scammed me . Sold me oil lease and wells that they did not own at the time . They didn't pay for or take ownership till 8 mos. later.and completely lied about the condition and ability to produce oil . St Hartford Kentucky
*General Comment: Dean Knight's history
*Author of original report: Updated mug shot
*Author of original report: Other business they own
*Author of original report: Thanks Jesse
*Consumer Suggestion: Several Things
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ploutos oil sold me and my friend and others a very misleading oil Leae and wells deal .they didn't own the lease rightts at untill 8 mos later.two oil wells and one water disposal injection well.they were also supposed to drill additional wells on the lease. Never did . It has been 18 mos now no oil pumping no returns from this investment or no money back after multiple requests to sell or refund .
the wells were supposed to only need minor repairs, and could be fixed easily and up in running as soon as they could get access to them. they kept on and on with excuses why they had not had the wells going to cover their lies .i verified this with the previous operator and leaseholder that still owns interest in the lease.
I also made multiple investments in a short period of time with them on other wells and leases . In all $ 64,600 With a return of less than 200 dollars .They were supposed to develop and drill about 60 wells on these leases they drilled 2 total. And keep promising they have and claiming they have big investors for drilling for over a year now . all of this they have announced on their website and to me in conversation and newsletters. Still no results .
Christine knight aka Chris taylor, christine knopp Taylor and Chris knight is the front person . She has no previous experience in this field but partnered up with with Dean Allen Knight approximately one month after he got out of prison.Dean has been in prison two times so far as of now federal time and state time both.
Dean is the one that is very well versed in running scams in the oil and realestate business .he claims to hold the field operations position . Just google Den Knight of Kentucky You will find a lot of offenses there.and Google rose indicted universal development international .read thru the article yo will see where was indicted and sentenced as well.thats Where dean was president of that company .they scammed tens of millions from investors before the Fbi was able to stop them.Read thru the article you will see why he is about . Her as well she claims he was the fall guy after I brought this to her attn.
i could not find any negative info on this company when I invested because I only checked out Christine Taylor . At the time she was not married to dean . When she changed her name to Christine knight after they got married I was able to get deans last name . That's when I really figured out what they were doing . I should have reported them then. I'm sure they have scammed many since I've found out.
please do yourself a favor before you do business with them just google Dean Allen Knight .i met with back in October of 14 i spent the day witn them looking at the properties and wells . They seemed to be genuine and honest people but far from the truth.they also own Ploutos alarm company in hartford ky.
This report was posted on Ripoff Report on 11/11/2015 01:30 PM and is a permanent record located here: https://www.ripoffreport.com/reports/ploutosoil/st-hartford-kentucky/ploutosoil-ploutosoilcom-scammed-me-sold-me-oil-lease-and-wells-that-they-did-not-own-1267321. 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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#5 General Comment
Dean Knight's history
AUTHOR: Gene - (United States)
SUBMITTED: Friday, April 27, 2018
I've known Dean for over 40 years- since the 7th grade. It breaks my heart to see these reports on Ploutosoil and related businesses. I read in the local paper about the Universal Developments fiasco in the early 2000's. I lost touch with Dean for over a decade and 2 or 3 years ago, we happened across each other on Facebook. He swore to me that he was completely reformed and would never do anything like that again. I don't know if this was during or after Plutousoil. Does anyone know if he's still doing any scams?
#4 Author of original report
Updated mug shot
AUTHOR: - ()
SUBMITTED: Friday, February 19, 2016
here is Dean Knights updated mug shot. Not sure if it's from a new arrest or just a updated probation photo. If you zoom in you can see Ploutos oil name on his jacket
#3 Author of original report
Other business they own
AUTHOR: - ()
SUBMITTED: Tuesday, November 17, 2015
correction to my original report. They own Ploutos Technology their address is 235 s. Main st Hartford,ky apparently is alarm company and other services as well beware of these people I would not recommend working for or with them or doing any type of business period.they are very dishonest folks that seem genuine.
#2 Author of original report
Thanks Jesse
AUTHOR: - ()
SUBMITTED: Tuesday, November 17, 2015
i will be checking into all above mentioned . Thx for info.
#1 Consumer Suggestion
Several Things
AUTHOR: RealOilGuy - (USA)
SUBMITTED: Monday, November 16, 2015
A- A convicted felon cannot solicit investors regardless of reg d.
B- Always get a lease registered with the county courts or an exclusive option
C- If it sounds too good it probably is
Unfortunatley scum like this have become very typical in the oil business. Below is the contact information for KY's securities. Call your state's securities as well. Having sold you something they never had to begin with I would also reccomend contacting the FBI. I have an oil company and have never even considered letting an industry outsider partner with me on a project. There are too many variables and risks. If you are needing tax credits and write offs I strongly reccomend low risk wind/solar. Oil is as risky as it gets. I wish you the best of luck on this issue.
Jesse Vaughn
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