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Report: #1435527

Complaint Review: 668 North LLC - Maricopa Arizona

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  • Reported By: Thomas — mesa Arizona United States
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  • 668 North LLC 8324 E. Hartford Drive, Suite 200, Scottsdale AZ Maricopa, Arizona United States

668 North LLC True North Companies In mid 2017, David Tedesco and his partners purchased part of the Phoenix Chinese Cultural Center and have set out to destroy the iconic property with all its history and culture! Maricopa Arizona

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David Tedesco is the Managing Partner of True North Companies and 668 North, LLC.  He is an investment banker who controls Realty Executives, Passport Health, Pump It Up (Fun Brands), and more.  His business model is to entice investors from the Silicon Valley and Sun Valley, Idaho to invest cash with him so that he can purchase small companies with positive cash-flow but whom are underperforming.  He never invests in a company unless he can get complete controlling interest in the company.  

In the middle of last year, Tedesco bought 97 of the 102 units at the beautiful Phoenix Chinese Cultural Center--44th Street and the 202 Freeway.  Almost immediately, and without contacting the other owner of the property, Szechwan Palace Restaraunt, Tedesco embarked on a plan to destroy the iconic Chinese Cultural Center and Prayer Garden.  He sued anyone who disagreed with him, and aggressively attacked anyone who tried to Save the Phoenix Chinese Cultural Center.  The controversy has grown to epic proportions in the past 8 months.

 

This report was posted on Ripoff Report on 03/22/2018 12:23 PM and is a permanent record located here: https://www.ripoffreport.com/reports/668-north-llc/maricopa-arizona-85255/668-north-llc-true-north-companies-in-mid-2017-david-tedesco-and-his-partners-purchased-1435527. 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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