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Report: #1190195

Complaint Review: ALI SHEKARCHIAN, - BEVERLY HILLS California

  • Submitted:
  • Updated:
  • Reported By: Honest Persian — Beverly Hills California
  • Author Not Confirmed What's this?
  • Why?
  • ALI SHEKARCHIAN, 809 N WHITTIER BEVERLY HILLS, California USA
  • Phone: 310-622-6223
  • Web:
  • Category: Liars

ALI SHEKARCHIAN, ALI REZA SHEKARCHIAN CON MAN, SWINDLER, SCAMMER(((REDACTED))), A COMPLETE FRAUD!!!!! BEVERLY HILLS California

*Consumer Comment: ALI SHEKARCHIAN FILES BANKRUPTCY

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Editor’s Note:  We thank our users for considering Ripoff Report as a source for information and providing warnings to the general public.  That being said, sometimes, after a review of the text, our team will determined that the content filed by an author appears to be serious in nature and therefore questionable and, as such, the Report is placed on hold for further investigations prior to publishing OR is otherwise flagged after publication and is placed into a Review Bin.  If and when Reports are flagged for these types of issues, especially when there are specific serious criminal allegations, we may, as we did here, try to follow up with the Author of the Report to obtain more information.  Our Terms of Service require that information posted be truthful and not defamatory and we are in no position to determine what information is true or false (we are not a trier of fact); the author affirms the truth of a posting prior to posting.  We understand that allegations made by an author may very well be true, and we respect an author’s right to Free Speech, but in order for the information to be published once it has been flagged, or for the information to be later (((REDACTED))) once flagged after prior publication, Ripoff Report may ask the author to provide some form of explanation or documentation to support certain allegations in their positing (WE DO NOT FACT CHECK EVERYTHING IN A REPORT – ONLY CERTAIN FLAGGED MATERIAL – ADDITIONAL CONTENT NOT REDACTED MAY BE TRUE OR MAY BE FALSE).  Depending on the circumstances, if the author fails to respond or timely provide adequate notification, at the sole discretion of Ripoff Report, the Report may be considered “incomplete” and may not be approved or may be (((REDACTED))) to remove the serious allegations from the Report.  In other instances an Author may have responded, standing behind their Report, but the documentation provided may not support all of the specifically questioned allegations.  Redactions below may be due to the author’s failure to adhere to our Terms of Service and/or because the author failed to timely respond with an appropriate response to our inquiry and/or because only certain questioned information was supported by documentation. 

 

CONSUMERS:  It is always encouraged that you do additional research, from credible sources, before making any decisions on whether or not you want to do business with a named individual(s) or businesses.

_______________________________________________________________________________________

(((REDACTED)))

Now let's not confuse him with any other Ali Shekarchian! HIS HOME ADDRESS IS(((REDACTED PERSONAL ADDRESS))) He hides out at a cheap RENTAL IN SANTA MONICA to avoid the attorney's trying to serve him.  In fact, every Persian in Beverly Hills either knows him or has heard of him.  (((REDACTED)))

He uses everyone in his life.  His friends must serve a purpose or he has no use for them.  He is black listed from the Equnox (formerly the Sports Club LA) for being unethical!  (((REDACTED))) None of them have worked a day in their life.

I am Persian and really detest this type of character.  He has also done business with Persians and scammed them!!  They know it is a waste of time to pursue him legally because THE SHEKARCHIAN FAMILY makes sure they keep NOTHING IN THEIR NAME.  They hide their money overseas.

STAY AWAY FROM THIS EVIL PERSON!!!

And, here is just 1 example of a lawsuit he is involved in:


DESIST AND REFRAIN ORDER

State of California - Department of Business Oversight
STATE OF CALIFORNIA
BUSINESS, CONSUMER SERVICES AND HOUSING AGENCY
DEPARTMENT OF BUSINESS OVERSIGHT
TO: Ali Shekarchian,
a.k.a. Alireza Shekarchian
(((REDACTED PERSONAL ADDRESS)))
DESIST AND REFRAIN ORDER
(For violation of sections 25110 and 25401 of the Corporations Code)
The Commissioner of Business Oversight finds that:
1. At all relevant times, Ali Shekarchian, a.k.a. Alireza Shekarchian (“Shekarchian”), resided and did business at (((REDACTED PERSONAL ADDRESS))
2. Beginning in 2009 or earlier, Shekarchian offered and sold securities in the form of investment contracts to one or more residents of California. Shekarchian told the investor that the investments were in medical marijuana dispensaries.
3. These securities were offered or sold in this state in issuer transactions. The Department of Business Oversight (formerly the Department of Corporations) has not issued a permit or other form of qualification authorizing any person to offer or sell these securities in this state.
4. Shekarchian offered and sold these securities to at least one investor with whom he did not have a preexisting relationship that would enable the investor to be aware of Shekarchian’s character, business acumen, and general business and financial circumstances.
5. In connection with the offers and sales of these securities, Shekarchian misrepresented that he was authorized to offer and sell these investments in the medical marijuana dispensaries. In fact, Shekarchian was not authorized by the medical marijuana dispensaries to offer and sell these securities.
Based upon the foregoing findings, the Commissioner of Business Oversight is of the opinion that the investment contracts that are being or have been offered or sold by Ali Shekarchian, a.k.a.

DESIST AND REFRAIN ORDER

State of California - Department of Business Oversight
Alireza Shekarchian, are securities subject to qualification under the California Corporate Securities Law of 1968 and are being or have been offered or sold without being qualified in violation of Corporations Code section 25110. Pursuant to Corporations Code section 25532, Ali Shekarchian, a.k.a. Alireza Shekarchian, is hereby ordered to desist and refrain from the further offer or sale in the State of California of securities, including but not limited to investment contracts, unless and until qualification has been made under the law or unless exempt.
Further, the Commissioner of Business Oversight is of the opinion that the securities offered and sold by Ali Shekarchian, a.k.a. Alireza Shekarchian, were offered or sold in this state by means of written or oral communications which included an untrue statement of a material fact or omitted to state a material fact necessary in order to make the statements made, in the light of the circumstances under which they were made, not misleading, in violation of section 25401 of the Corporate Securities Law of 1968. Pursuant to section 25532 of the Corporate Securities Law of 1968, Ali Shekarchian, a.k.a. Alireza Shekarchian, is hereby ordered to desist and refrain from offering or selling any security in the State of California, including but not limited to investment contracts, by means of any written or oral communication which includes an untrue statement of material fact or omits to state a material fact necessary in order to make the statements made, in light of the circumstances under which they were made, not misleading.
This Order is necessary, in the public interest, for the protection of investors and consistent with the purposes, policies, and provisions of the Corporate Securities Law of 1968.
Dated: January 23, 2014
Sacramento, California
JAN LYNN OWEN
Commissioner of Business Oversight
By________________________________
MARY ANN SMITH
Deputy Commissioner
Enforcement Division

 

This report was posted on Ripoff Report on 11/20/2014 08:07 AM and is a permanent record located here: https://www.ripoffreport.com/reports/ali-shekarchian/beverly-hills-california-90210/ali-shekarchian-ali-reza-shekarchian-con-man-swindler-scammerredacted-a-complete-1190195. 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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#1 Consumer Comment

ALI SHEKARCHIAN FILES BANKRUPTCY

AUTHOR: AS - ()

POSTED: Friday, March 03, 2017

It is not surprising to anyone who has had any dealings with ALI SHEKARCHIAN. To avoid judgements held against him, and more lawsuits, he filed bankruptcy in 2015.

While still living in a mansion in Beverly Hills, 809 N WHITTIER, BEVERLY HILLS, 90210, he has NO FUNDS TO PAY HIS ATTORNEY OR JUDGEMENTS?

This man is absolutely a FRAUD in every sense of the word. He has never worked a day in his life. Has no idea what it takes to actually earn a living. What does he have to offer society??

TOTAL LOSER!!

 

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