L'Equipe Capital Investments L'Equipe offers high-yield (debt securities) trading program. Defrauds investors. Dunedin Florida

The financial mecca in Dunedin, Florida is associated with Mitchell Reisman who has been convicted and is a scam artist. Now engaged in targetting 501 Charities and Philanthropies.

See:

https://casetext.com/case/us-v-kahale-2

https://casetext.com/case/reisman-v-united-states-3

- The Karma Network

Anyone looking in L'Equipe and the financial mecca in Dunedin, Fl. should know all about L'Equipe's association with Mitchell Reisman. He is very consistent with his modus operandi and strung along many with his scams. They are now targetting 501 Charities. 

https://casetext.com/case/us-v-kahale-2

https://casetext.com/case/reisman-v-united-states-3

My name is Roland C. Ashby Sr. and I am the President of L’Equipe World Wide Inc.  I want to clarify some points made in the Consumer comment titled “News about one of the previous officers of L’Equipe.” 

1. The company referred to as “L’Equipe” is “L’Equipe Capital Investments Inc.”  L’Equipe Capital Investments Inc has no connection of any sort to L’Equipe world Wide Inc. 
2. L’Equipe Capital Investments Inc was closed in summer of 2008 whereas L’Equipe world Wide Inc was formed in December of 2010.
3. Tom Burgos is currently not and has never been part of L’Equipe World Wide Inc 

 My name is Roland C. Ashby Sr. and I was the Treasurer of the Company named L’Equipe Capital Investments 110707.  This company was formed by a number of investors and was owned by L’Equipe US, Inc (50%) and 50% by nine (9) other shareholders.  All the shareholders had jointly incorporated the Company had signed a “Shareholder Agreement”.  On November 29, 2007, Jehanger Raja a/k/a Jay Raja, on behalf of Eastern Equity Partners, LLC (“Eastern Equity”) purchased 49 shares of L’Equipe stock.

One of the stipulations in the Shareholder Agreement, which was signed by Mr. Raja, was that no one could sell their stock in the corpration until all of the shareholders had first right to purchase the stock.  However, on or about March 10^th 2008 Mr. Raja sold 24 shares of L’Equipe stock for $734,400.00 without notice to the Company using false Company documents to swindle the unsuspecting purchaser.  He never intended to provide purchasers the proof of their purchase of the 24 shares, as he knew that he could not sell those shares without permission from L’Equipe.

On July 10, 2008, L'Equipe was served with a Complaint captioned. JD Parker Construction, Inc., et al. v. Eastern Equity Partners, Ltd., etal.. in the United States District Court, for the District of Colorado, Civil Action No. 08-CV-01392-LTB-MJW. The Complaint alleged that Plaintiffs J.D. Parker Construction Company, Inc., Elizabeth S. Landen and Gerald C. Landen as trustees of the Elizabeth S. Landen Trust and the Gerald C. Landen Family Living Trust wired $734.400.00 (from Colorado) to purchase the stock. The Complaint further alleges that Jay Raja and Eastern Equity never sold its L'Equipe stock despite receiving the $734,400.00.

Prior to receiving the Complaint, L'Equipe had no knowledge of the existence of any of the Plaintiffs, Calvin Landen, J.D. Parker or Davis B. Parker. In addition neither Jay Raja, nor any other representative or agent of Eastern Equity presented, or attempted to present, any offer to L'Equipe, L'Equipe 110707-1, or their shareholders before attempting to sell Eastern Equity's shares of L'Equipe 110707-1 stock.

Shortly after receiving the Complaint, I contacted Buckley N. Riggs, Esq., who is one of the attorneys for the Plaintiffs. Initially, I spoke with Mr. Riggs to ascertain whether there was some sort of confusion on the Plaintiff’s part as to what had occurred because L’Equipe and L’Equipe 110707-1 were unaware of any attempt of Eastern Equity to sell its Shares of L'Equipe 110707-1 stock.  In response, Mr. Riggs provided me receipts showing that Plaintiffs wired $734,400.00 from Colorado to Eastern Equity in Dallas, Texas.

 I then contacted Mr. Raja to determine what exactly had happened, and he eventually admitted to me that Eastern Equity had received the money represented in the wire transfer receipt which amounts to $734,400.00. Mr. Raja also informed me that he was trying to sell a portion of Eastern Equity's 49 shares of L'Equipe 110707-1 stock to Plaintiffs. 

Although L'Equipe did nothing wrong and had no liability to the Plaintiffs, I attempted to help facilitate a settlement for Mr. Raja to return the money but he refused. At that point, our company sent Mr. Raja a breach of contract letter.

On September 25, 2008 L’Equipe was dismissed from the Law suit. So the conclusion was L’Equipe was not guilty and that Mr. Raja is the one who defrauded the plaintiff.

Mr. Raja decided to further pursue the case with L’Equipe.   Approximately 90 days later Mr. Raja sued L’Equipe in the state of Texas. L’Equipe’s lawyers submitted Defendants’ Special Appearance Challenging Personal Jurisdiction and I submitted an affidavit as it related to the case and based on these documents the law suit was dismissed on or about February 20, 2011.  Again L’Equipe was found “Not guilty”.

The other accusation made by Mr.Raja about  “L'Equipe presents prospective investors with a very attractive, risk free, investment opportunity to buy and sell debt securities (trading program). All that is needed is to show proof of funds to the seller of the debt security, and then sell the security to a buyer (pension fund) and make money on the spread. Because investor capital is never supposedly at risk, there is a very high rate of return and the transaction is touted as risk free.” is total fabrication that he has made up because none of what he has stated is the Shareholder Agreement that he had signed.

His last accusation is that, “This group has been committing financial fraud under various entity names and schemes for over a decade now.”  The truth is that other than the one false complaint that Mr. Raja has made, our Company record is clean, with no complaints filed with any agency or on the Internet.

A word to the wise, “If you want to keep your money, stay away from any dealings with Mr. Raja.”

Please note – our attorney has supporting, signed documents to back up all of the points I have made in this rebuttal. 

 My name is Roland C. Ashby Sr. and I was the Treasurer of the Company named L’Equipe Capital Investments 110707.  This company was formed by a number of investors and was owned by L’Equipe US, Inc (50%) and 50% by nine (9) other shareholders.  All the shareholders had jointly incorporated the Company had signed a “Shareholder Agreement”.  On November 29, 2007, Jehanger Raja a/k/a Jay Raja, on behalf of Eastern Equity Partners, LLC (“Eastern Equity”) purchased 49 shares of L’Equipe stock.

One of the stipulations in the Shareholder Agreement, which was signed by Mr. Raja, was that no one could sell their stock in the corpration until all of the shareholders had first right to purchase the stock.  However, on or about March 10^th 2008 Mr. Raja sold 24 shares of L’Equipe stock for $734,400.00 without notice to the Company using false Company documents to swindle the unsuspecting purchaser.  He never intended to provide purchasers the proof of their purchase of the 24 shares, as he knew that he could not sell those shares without permission from L’Equipe.

On July 10, 2008, L'Equipe was served with a Complaint captioned. JD Parker Construction, Inc., et al. v. Eastern Equity Partners, Ltd., ef al.. in the United States District Court, for the District of Colorado, Civil Action No. 08-CV-01392-LTB-MJW. The Complaint alleged that Plaintiffs J.D. Parker Construction Company, Inc., Elizabeth S. Landen and Gerald C. Landen as trustees of the Elizabeth S. Landen Trust and the Gerald C. Landen Family Living Trust wired $734.400.00 (from Colorado) to purchase the stock. The Complaint further alleges that Jay Raja and Eastern Equity never sold its L'Equipe stock despite receiving the $734,400.00.

 Prior to receiving the Complaint, L'Equipe had no knowledge of the existence of any of the Plaintiffs, Calvin Landen, J.D. Parker or Davis B. Parker. In addition neither Jay Raja, nor any other representative or agent of Eastern Equity presented, or attempted to present, any offer to L'Equipe, L'Equipe 110707-1, or their shareholders before attempting to sell Eastern Equity's shares of L'Equipe 110707-1 stock.

 Shortly after receiving the Complaint, I contacted Buckley N. Riggs, Esq., who is one of the attorneys for the Plaintiffs. Initially, I spoke with Mr. Riggs to ascertain whether there was some sort of confusion on the Plaintiff’s part as to what had occurred because L’Equipe and L’Equipe 110707-1 were unaware of any attempt of Eastern Equity to sell its Shares of L'Equipe 110707-1 stock.  In response, Mr. Riggs provided me receipts showing that Plaintiffs wired $734,400.00 from Colorado to Eastern Equity in Dallas, Texas.

 I then contacted Mr. Raja to determine what exactly had happened, and heeventually admitted to me that Eastern Equity had received the money represented in the wire transfer receipt which amounts to $734,400.00. Mr. Raja also informed me that he was trying to sell a portion of Eastern Equity's 49 shares of L'Equipe 110707-1 stock to Plaintiffs. 

Although L'Equipe did nothing wrong and had no liability to the Plaintiffs, I attempted to help facilitate a settlement for Mr. Raja to return the money but he refused. At that point, our company sent Mr. Raja a breach of contract letter.

On September 25, 2008 L’Equipe was dismissed from the Law suit. So the conclusion was L’Equipe was not guilty and that Mr. Raja is the one who defrauded the plaintiff.

 Mr. Raja decided to further pursue the case with L’Equipe.   Approximately 90 days later Mr. Raja sued L’Equipe in the state of Texas. L’Equipe’s lawyers submitted Defendants’ Special Appearance Challenging Personal Jurisdiction and I submitted an affidavit as it related to the case and based on these documents the law suit was dismissed on or about February 20, 2011.  Again L’Equipe was found “Not guilty”.

The other accusation made by Mr.Raja about  “L'Equipe presents prospective investors with a very attractive, risk free, investment opportunity to buy and sell debt securities (trading program). All that is needed is to show proof of funds to the seller of the debt security, and then sell the security to a buyer (pension fund) and make money on the spread. Because investor capital is never supposedly at risk, there is a very high rate of return and the transaction is touted as risk free.” is total fabrication that he has made up because none of what he has stated is the Shareholder Agreement that he had signed.

His last accusation is that, “This group has been committing financial fraud under various entity names and schemes for over a decade now.”  The truth is that other than the one false complaint that Mr. Raja has made, our Company record is clean, with no complaints filed with any agency or on the Internet.

A word to the wise, “If you want to keep your money, stay away from any dealings with Mr. Raja.”Please note – our attorney has supporting, signed documents to back up all of the points I have made in this rebuttal.  

One of the officers of L'equipe was Thomas Burgos. He is presently the owner of  the St. Leo Foundation. He claims to have  been CEO of Verizon in Mexico.This doesn't seem to be true. 

A known con artist (reported on Ripoff Reports)with a long history of frauds and bankruptcies, Fatima Pimenta  Siner has been consorting with Thomas Burgos and the St. Leo Foundation. 

The same people keep on popping up in new scams and frauds.