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Report: #1441476

Complaint Review: David Gilbert Saffron - Nort Hollywood California

  • Submitted:
  • Updated:
  • Reported By: Frank Calabro Jr — McLeansville North Carolina United States
  • Author Confirmed What's this?
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  • David Gilbert Saffron 5440 Tujunga Ave #1012 Nort Hollywood, California United States

David Gilbert Saffron Inverstors Beware: David Gilbert Saffron stole 208.5 Bitcoins from our group of 8 people! David is a professional con artist, liar and thief. Nort Hollywood California

*Consumer Comment: I’m a victim of this bitcoin scam since 2018

*General Comment: Frank the Scammer Scammed by Another Scammer!

*General Comment: Sorry that was meant to go on my update.

*General Comment: Don't believe him 5/5/2018

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I Frank E Calabro Jr would like to file an official report of an investment scheme being ran by David Gilbert Saffron and
his attorney David Kagel.

I personally invested 50 Bitcoin into the investment scam on Jan 6 th 2018. On that date the equivalent to US dollars was $17,161 per BTC or $858,050.00 USD.

David Saffron through an online webinar and in person meetings promised, convinced and explained how he could multiply Bitcoin through strategic arbitrage tactics in the crypto currency markets. He promised to double my investment of Bitcoin in as fast as 3 days. He then offered total security and safety to protect my investment through his attorney David Kagel.

My first in person lunch meeting with David Saffron was in Las Vegas on January 10 th 2018. This gathering included
several other investors. During our discussions David Saffron called his attorney Mr. David Kagel. David’s cell phone was
passed around the table to each investor attending that meeting. When I spoke to attorney David Kagel and introduced
myself he was very friendly and personable on the phone. Mr. Kagel collected my email addresses and immediately sent a
letter that insured my Bitcoin investment was not only safe, but back by a Bitcoin wallet in his control. The letter stated
that his law firm had unrestricted access. In addition, he held no less than 1,000 Bitcoin in this wallet. The letter also
stated the exact instructions to follow in the event of that David Saffron was unwilling or unable to return my deposit.

The last time that I have seen David Saffron was at a party he held in his Penthouse Suite at the Cosmopolitan Hotel & Casino in Las Vegas. I arrived to that gathering at midnight and I departed around 3am on Saturday January 6 th 2018.

Communication since has been through other investors pulled into Saffron’s scheme. There was no organization as to
how we would be paid and exactly who to contact. Also, after the in-person meeting in Vegas which I left being told by
David Saffron that he could double my Bitcoin every week, the duration of time (1 week) kept changing. From my notes
and through what other investors were telling me, the new time table to double my coins was once every 21 days. I was
never told when that 21-day trading cycle started or ended.

My next and last communication from David Saffron was on February 26 th 2018. He stated in a text message that he had
received a letter from his attorney Mr. David Kagel. This letter was from my Attorney John Owen Murrin and as part of a
group of investors, we were requesting that our original Bitcoin be returned. The total amount of Bitcoin collected from
our group of 8 investors was 206.5 bitcoins or $3,543,746.50 in US dollars.

David Saffron stated that he had already made arrangements with our law firm to return the funds which is a lie as I had
just gotten out of an hour-long meeting with our legal team just minutes before receiving Saffron’s text.

I do not know how long or how many investors have been scammed in this ongoing charade. David Saffron and his
attorney David Kagel must be arrested, charged and stopped from this criminal activity immediately. They have already
stolen over 3 million dollars from our small group of 8 people.

In my last correspondence with David Saffron he boasted how is he continues to travel across the country presenting his
fraudulent scheme. He has ties to organized crime in Australia and has a passport issued from that country. I fear that he
will flee before being brought to justice. His actions are of a conniving felon and he must be stopped immediately!

 

 

 

This report was posted on Ripoff Report on 05/04/2018 05:08 AM and is a permanent record located here: https://www.ripoffreport.com/reports/david-gilbert-saffron/nort-hollywood-california-91601/david-gilbert-saffron-inverstors-beware-david-gilbert-saffron-stole-2085-bitcoins-from-1441476. 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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REBUTTALS & REPLIES:
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#4 Consumer Comment

I’m a victim of this bitcoin scam since 2018

AUTHOR: Robert - (United States)

POSTED: Sunday, January 29, 2023

I lost my money to this scammers last month through crypto currency Bitcoin transactions, I tried all I could to get the money back at a point i came across a Digital Asset recovery firm on ripoff report , I sent my complaint to their company mail: Asknet recovery an agency helping a lot of people in getting back their funds, I got in contact with them and I provided all information they needed for the recovery, within 48hours they got back my money, I confirmed the payment in my wallet account. Please if you are a victim of this scam quickly contact them to get back your lost money easily view the image below to contact the recovery firm

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#3 General Comment

Frank the Scammer Scammed by Another Scammer!

AUTHOR: SD - (United States)

POSTED: Sunday, May 06, 2018

Frank Calabro ... SERIOUSLY, man.

The $800k+ that yYOU are whining about being ripped off by David Saffron is money that YOU stole from the victims of the SCAMS that you promoted:

ZeekRewards

BannersBroker

Four Corners Alliance

Power Lead System MyAdvertisingPays Traffic Monsoon  Exitus Elite International Silver Network Traffic Hurricane Future Ad Pro Global MoneyLine Speed Feeder  BetRobot Powerlead-System USI-Tech   Have you ever heard the expression "You can't cheat an honest man"? Have you ever heard the expression  "He that lieth down with dogs shall rise up with fleas"?   You were a grunt in the marines and made an honest living doing vehicle maintenance for some time. You bought  a bar/laundromat and made an honest living for some time.   If you get lucky and get back "your" money from the scammer that scammed you, are you going to return it to all of the people YOU ripped off to get it in the first place?   I would guess that you will not, somehow.   SD   .

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#2 General Comment

Sorry that was meant to go on my update.

AUTHOR: You know who i am. - (United States)

POSTED: Saturday, May 05, 2018

 I'm sorry to see you got scammed too. I urge everyone in the same situation to do the same and file a report here. Thank you for sharing your experience.

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#1 General Comment

Don't believe him 5/5/2018

AUTHOR: You know who i am - (United States)

POSTED: Saturday, May 05, 2018

As of today, he still has NOT paid me and called me to tell me I'm committing slander and will sue me for 50 million dollars. If you need to contact me directly my email is dsscammerexposed@gmail.com I have proof he has not paid me. I urge anyone else in the same situation to file a report on here too. It will help others not get scammed also. It's not slander when everything I'm saying is true and I have the proof to back it up. 

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