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Report: #1521560

Complaint Review: Global A Brand and William O' Rourke - Las Vegas NV

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  • Reported By: Razor — New York United States
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  • Global A Brand and William O' Rourke 920 Pinehurst Drive Las Vegas, NV United States

Global A Brands, Inc and William O' Rourke Securities Fraud I am a victim of securities fraud. I was induced into making a $90,000 investment in Global A Brands, Inc, (GAB) based on material misrepresentations made by William O’ Rourke, who is the President and COO of the company regarding the outcome of investments made by other investors. I am aware of 2 other victims who were scammed out of $300,000 and $50,000 by GAB’s executives. Las Vegas NV

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In connection of admission of fault, Mr. O'Rourke executed a Promise to Pay on April 9, 2022 agreement agreeing to repay the $90,000.  The investment has not been returned to me.  I wanted out of the investment since February 21, 2022 and have been assured by several GAB's Senior Executives on 5 different occasions that my investment would be returned to me and it hasn't.

This offering is a scam because: 

a) misrepresentations and claimed accomplishments were made to induce the investment,

b) the sales documents were misleading/inaccurate,

c) failed to verify that I’m an accredited investor,

d) did not disclose that the company was not in good standing,  e) failed to file Form D within 15 days of first sale, and f) quoted me future price per share.

I read Securities and Exchange Commission v. Thomas Carter Ronk, No. 1:18-cv-8908 (S.D.N.Y filed September 28, 2018) and it appears GAB are also peddling securities to investors to manipulate the market. I believe Timothy J. Alford, Chairmen of the Board for GAB,  is doing so via these companies: Gammarey, Inc, Spark Capital Investments, LLC, AD Securities America, LLC, Mingta Capital, LLC, Freedom Holdings, Inc. Attached is the Stock Purchase Agreement Rescission with Freedom Holdings.

I've provided a list of co-conspirators, other investors who have been scammed and witnesses for further investigation.

This report was posted on Ripoff Report on 10/02/2022 10:33 AM and is a permanent record located here: https://www.ripoffreport.com/report/global-brands-william-o/ls-vegs-nv-brnds-nd-willim-i-1521560. 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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