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Report: #1245732

Complaint Review: Andy Yang Tax Service - sacramento California

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  • Reported By: whistleblow3r — sacramento California USA
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  • Andy Yang Tax Service 8959 Folsom Blvd sacramento, California USA

Andy Yang Tax Service Andy Yang PhD Dr. Andy Yang tax fraud, business fraud, malicious business intent, con artist, selling fictitious business sacramento California

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This is to make the public aware of a white collar criminal goes by the name Andy Yang aka Dr. Andy Yang aka Andy Yang PhD. this is not his real name however. his is the owner of the business:

Andy Yang Tax Service
8959 Folsom Blvd Sacramento, CA 95826‎
(916) 363-0120

This is report but also a ongoing story I will post as time allows/story develops and more details come to the surface.
This is because i feel it is relevant to understand the depth and nuance of a con artist.

"Watch out for your family friend con artist"

I was born and raised in Northern California. This "Andy" Yang (not his real name) owner of Andy Yang Tax Service, used to be a professor at Sac State. We known him through church and even old family friends for over 35+ years but my family was fortunate to have a good job and work hard plus my dad always knew how to do his own taxes so we never fell into his trap earlier. He has a reputation for being a scrooge-level worthy of "stinginess" a greed that gives people with money a bad name. Think "Kevin O'Leary from Shark Tank" is bad, this is a less successful more pissed out and angry version of him but with a con artist smile.

His biggest strengths are smiling at you right in the face as he steals from right underneath your nose. Two times now. 1 commercial real estate business transaction, all papers and records will show what I am saying. 1 "attempt" to sale his tax business

He committed fraud against another very long and well acquainted friend (also over 35+ years) It was for commercial real estate, repairs were made below code, without properly licensed contractors and many if not most repairs made with used damaged equipment that would fail upon repair, it was made with under spec or below the building and or fire code. 
All this was not disclosed and upon asking for property inspection, andy acted childish and demanded he just be trusted and mentioned how long they knew eachother. upon further insisting by the buying parter, andy was purposely not furnishing papers within the standard business practices. he would wait until the final day and say he was busy and furnish the papers only then.
being extremely busy overseeing other properties and businesses he trusted him and thats when everything came to light.
side note no protection for commercial real estate transactions like there are for residential real estate, so ALWAYS do your due diligence, especially if it is someone you trust, that way there is no bad blood later.
He also lied about the taxes against the property which made a horrible transaction even worse.

Just like with that he thought he could take advantage of my family. promised to sell the business and claiming to retire that was two years ago and he was set to retire last year. well he changes his mind, "needs one more year" and long story short, same story with not producing the papers in a timely matter, financing details that would make a loan shark cringe, not to mention the taking of home and property. at the end of the day, we found his intentions were to get the money for the entire business, and keep his highest profiting clients (even after signing a noncompete, essentially saying f-u to the whole legal binding contract) and continue to talk about us to his current clients. The interesting part in all of this is he kept saying how fortunate he was before to have such great people taking over the business but said the complete opposite to clients so that he could poach them back later. The true intentions were found when on the last day of transfer for the business he still has not prepared or done anything to transfer the business successfully except harass current clients to bring in last money or checks and for the others to come in and sign. Also he never intended to give his copy of client files over and was already meeting his clients privately outside of the office.

There will be more to come and add later as time allows, right now is too early to release all details, most will be kept confidential its never my intention to talk bad, but this level of manipulation and con artist behavior must be reported. just like with anything else, just make sure you both do your FULL research no matter how much he urges you do not need to and go with your gut feeling when your see a fraud.

 

He has relied upon dealing with strictly new and uneducated small business owners and older non-english speaking business owners that do not know the law.

This report was posted on Ripoff Report on 08/01/2015 01:26 PM and is a permanent record located here: https://www.ripoffreport.com/reports/andy-yang-tax-service/sacramento-california-95826/andy-yang-tax-service-andy-yang-phd-dr-andy-yang-tax-fraud-business-fraud-malicious-bu-1245732. 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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