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Report: #1362520

Complaint Review: Global Energy Group - Toronto Ontario

  • Submitted:
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  • Reported By: Chris — Toronto Ontario Canada
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  • Global Energy Group Toronto, Ontario USA

Global Energy Group Mobbing, Bullying, Abuse and Breach of Contract Toronto Ontario

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 I contractually agreed to work with Victor Tsatskin who had established a company called Global Energy Group. I made a strong enquiry with him to ensure it was a real company and not in the grey area. He offered me 30% of the company if I invested. I countered and said I would not invest, however I was ready to build the company for 5% override of sales, 15% of net profits and 10% of oil revenues which was the product of the company. I was paid properly for the first four months. I was due to be paid USD 430K in the fourth week of January 2008. He refused to pay me USD $ 100K for override and USD 300K for net profits which he had promised since Nov 2007. From that time forward the only source of income I received was for sales I made. I finally quit and went to the police to report Vadim Tsatskin as he was trying to force me to lie to clients and I refused. For the official record, I was never charged with fraud and I ended up bankrupt as a result of this group at age 57.

This report was posted on Ripoff Report on 03/18/2017 07:03 AM and is a permanent record located here: https://www.ripoffreport.com/reports/global-energy-group/toronto-ontario/global-energy-group-mobbing-bullying-abuse-and-breach-of-contract-toronto-ontario-1362520. 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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