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Report: #341710

Complaint Review: Gencom, Inc. & Michael J. Colonna - Irvine California

  • Submitted:
  • Updated:
  • Reported By: Auburn California
  • Gencom, Inc. & Michael J. Colonna 62 Fairlake, Irvine, California Canada
  • Phone: 949-294-9092
  • Web:
  • Category: Liars

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My client lost $50,000 plus two and half years of her life to an investment in Gencom, Inc. Others have lost far more. She recently learned that the Share Certificate issued to her by the owner of Gencom (Michael J. Colonna) had a forged signature and is worthless as Gencom has no assets - nor does it have the supercomputer facility in the Irvine Spectrum Business Park as Michael J. Colonna had led them (and others) to believe. Additionally, he is not who he professes to be as he doesn't have any of the degrees, affilitations or credentials that he purports to have on his resume.

Until a few weeks ago - many people thought Michael Colonna was a fine upstanding - generous human being. Now many know better as they've learned that he fabricated a complex series of lies and deceptions for his purported friends, investors, church and family.

Michael gained most of his credibility for Gencom through his affiliations with the Microsoft Bio-IT alliance and the Itanium Solutions Alliance. Last year Gencom was the runner up in the Itanium Solutions Innovation contest - and this year he may have won if they hadn't disqualified Gencom for not being able to provide evidence that the supercomputer facility really existed.

Shortly after the Itanium Solutions Alliance demanded that Michael remove all mention of any prior recognition or awards by the Itanium Solutions Alliance from his website, he issued a press release announcing his retirement - and then a few days later another announcement regarding the sale of Gencom. Today the website is all but non-existent with a link to one summary document describing Gencom's software. www.gencom.us.com or www.gencomls.com

Michael was likely paid for an article had had published in the May edition of the American Biotechnology Journal - "Streamlining Drug Discovery - Use of High Performance Computing to Speed Drug Discovery and Approval" which describes Gencom's supercomputer facility in Irvine. It must be embarrasing for the editor of the magazine as she indicated that they don't verify the validity or credibility of the articles they publish - they only check to ensure the content of their articles is of interest to their magazine subscribers.

My client filed a report with the Santa Ana FBI regarding Gencom and Michael J. Colonna. We've also learned through a background investigation that Michael has several other possible aliases (Michael L. Colonna; Michael Joseph Torino, Mike Colonna) and has used up to four other social security numbers; and has several IRS tax liens and multiple unpaid judgements.

Michael has also performed IT consulting services for the State of California but was terminated last year for poor work.

Michael professed to be a righteous, church going man - who volunteered to help rebuild homes following the hurricanes. Of course, this added to his credibility which he used to reel in potential investors. What's sad is that he has no morals, has likely lied to everyone around him - including his family, leaving a string of unpaid debts, promissory notes, and judgements in his wake. Not to mention the years lost to wishful thinking on the parts of all the people he's scammed over the past three years.

Other companies he's created include Advanced Computer Sciences, Inc. (CA corporation) www.worldclassit.net ; Isotec International consulting (Nevada Corp with a permanently suspended license); Alchemy Holdings (CA suspended Corporation); and Gencom, Inc. (CA Suspended Corporation).

I'm posting this rip off report so that others won't be charmed into investments with Michael Colonna in the future. We'll be reporting this fraud to the Security Exchange Commission and to the District Attorney for prosecution. Please do the same if you've been ripped off - and let me know how to reach you so we can collectively stop this person from destroying others lives.

Private investigator
Auburn, California
U.S.A.

This report was posted on Ripoff Report on 06/18/2008 03:43 PM and is a permanent record located here: https://www.ripoffreport.com/reports/gencom-inc-michael-j-colonna/irvine-california/gencom-inc-michael-j-colonna-are-frauds-as-there-is-no-supercomputer-facility-irvine-341710. 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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1Employee/Owner

#4 Consumer Comment

FDIC is of no use

AUTHOR: Interested Party - (U.S.A.)

POSTED: Wednesday, May 27, 2009
As Gencom, Inc. operated by Michael J. Colonna was a sham corporation offering shares in a private company, the FDIC would be of no use. The parties that were ripped off likely need to pursue action by the FBI, or District Attorney.
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#3 Consumer Comment

With the new facts about all the investment frauds going on.

AUTHOR: Seahorse - (U.S.A.)

POSTED: Wednesday, March 04, 2009
If someone has contacts with the government concerning this business or individual listed on the Rip Off Report, they should contact the FDIC, 10 to 1, they are already in the FDIC system or are already being investigated.
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#2 REBUTTAL Individual responds

Gencom, Inc. & Michael J. Colonna Targets of Cyber Stalkers

AUTHOR: Truth - (U.S.A.)

POSTED: Monday, August 11, 2008
The above bloggers have and continue to make numerous personal attacks upon myself and my wife on this site and others.

These malicious and repeated postings are for the explicit purpose of harassment, defamation, tortious interference with business relations, and intentional infliction of emotional distress.

These persons make numerous and continuous attacks upon me and my wife, including our religious beliefs, with the express intent to cause extreme emotional distress and trauma to a level having physical ramifications.

I consider these postings to be cyberstalking, abusive, and a threat to the emotional, psychological and general well being of me and my family. You are hereby advised that cyberstalking is a violation of numerous State and Federal laws and we will seek remedies under those laws and other injunctive relief as necessary to stop these attacks.

You are hereby requested to immediately cease and desist from any further posting and remove all previous postings.
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#1 Author of original report

Update on information from original report.

AUTHOR: Private investigator - (U.S.A.)

POSTED: Wednesday, June 18, 2008
"Private Investigator" is located in Sacramento, CA - not Auburn, CA.

Michael Colonna is no longer residing at the Fairlake Address in Irvine as he moved out recently.
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