Report: #655874

Complaint Review: Paramount Equity partners LLC - 369 Lexington Avenue - Suite 325. New York

  • Submitted:
  • Updated:
  • Reported By: anonymous — palm springs California United States of America
  • Paramount Equity partners LLC
    16 knapp easton, connecticut 06612
    369 Lexington Avenue - Suite 325., New York
    United States of America

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Editor’s Comment:03/13/2018-.  Ripoff Report believes in transparency and the more information the better.  In this instance, there has been court action regarding this subject Report.  We believe it important to note that not all Court Orders are alike.  Many court orders are absolutely legitimate and we make no representations about this court order situation However, we want our users to be aware that sometimes courts enter orders based upon default which typically means that the defendant didn’t show up.  Sometimes a defendant won’t show up because they didn’t even get notice of the case proceedings in the first place and other times defendants may not show up because they don’t necessarily have the knowledge and/or the financial resources to fight.  Still, in other instances, a defendant may simply appear only to stipulate (settle) the case by agreeing to stipulate to a court order because they are being bullied by the plaintiff and whether what they said was true or not, they just want the matter to go away so they can move on with life and make the plaintiff go away.  Again, we make no representations about this particular court order situation.  We are simply providing you with additional information so that you may be more informed and, coupled with any additional research you feel is necessary, may make your own informed decision regarding the validity of this Report.  As always, we encourage our readers to do their homework and not just rely on one single source for information.  Google, through the Lumen Database, has provided the following document relating to this subject Report:

https://www.lumendatabase.org/notices/15405757

 

Alessi v. Dilucchio - Default Judgment and Affidavit by Ripoff Report on Scribd

END OF EDITOR’S COMMENT

 

THE ORIGINAL REPORT IS UNDER THE LINE IMMEDIATELY BELOW 

____________________________________________________

Risk depost given on the premise- there was no trading lock up-

after request for exit of llc- the response was"

I will take care of your request and process a distribution at the end of July.

 

Bill Alessi

AFTER JULY

Please understand that it is my intention to remit any final equity balance that may be due to you as a result of your disassociation as soon as possible. Under the terms of our agreement and Paramounts operating Agreement, Paramount has up to 120 days to relinquish any equity balance that may exist and I fully intend to comply with that standard. Should you have any questions regarding this matter please contact me via email to discuss further.

 AFTER 120 days and no money

The phone number is disconnected and the capital desposts are gone. ...........

paramount equity was called a CBSX trading firm. after contact with cboe

"We show no record of Paramount Equity Partners LLC being a member of the CBOE Stock Exchange (CBSX).   Nor are they registered in WebCRD as being a Broker Dealer."

 

This report was posted on Ripoff Report on 10/27/2010 03:03 PM and is a permanent record located here: https://www.ripoffreport.com/reports/paramount-equity-partners-llc/369-lexington-avenue-suite-325-new-york-10017/paramount-equity-partner-655874. 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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Updates & Rebuttals

REBUTTALS & REPLIES:
3Author
1Consumer
0Employee/Owner

#1 UPDATE EX-employee responds

These were NOT done in error!

AUTHOR: anonymous - (United States of America)

Hi Bill Alessi and Peter Quinonies,


If this was an error, when will we be receiving our money? Your 120 days are up. Stop ignoring my emails and phone calls.

This was the last email I received:

"Paramount Equity Partners, LLC is still in the process of winding up its business pursuant to Section 12.01 of companies Operating Agreement.

This process IS NOT YET COMPLETE and will take some time as we conduct the companies final accounting.

 

A distribution of any equity balance that may exist within Class C Members final accounting will be distributed in ordinance with Sec 5.08 of companies Operating Agreement.

 

No further information is available at this time. We will advise once this wind-up is complete. Any inquires are requested to be directed to me via email.

 

Thank you.

 

Bill Alessi

Paramount Equity Partners LLC

825 Third Avenue, 2nd Floor
New York, NY 10022

 

bill@paramountequitypartners.com

www.paramountequitypartners.com

Phone / Fax: +1 212 537 9081

Toll Free: +1 888 659 0001

_________________________________________________________________________________________________________________________________________________________________________________

CONFIDENTIALITY NOTICE: This confidential electronic transmission, including any attachment, is governed by the Electronic Communications Privacy Act, 18 U.S.C. Sec. 2510-2521, and may contain confidential and/or privileged communications for the intended recipient. If you are not the intended recipient, you are hereby notified that any retention, dissemination, copying, or other use of the contents of this communication is strictly prohibited, may be unlawful and could subject the unlawful user to civil and criminal penalties. Any unintended receipt should be reported to this sender immediately by telephone or e-mail at the number and address listed above. You are further requested to permanently delete this message including any attachments hereto."

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#2 Author of original report

THESE WERE DONE IN ERROR

AUTHOR: anonymous - (USA)

these reports were done in error in and attempt to slander both the me (the alleged author) in appearing like I had violated a confidentiality agreement and Bill Alessi. I would like to offer both my apologies here for the record, as it was a former employs ruse to drag us both through the MUD. I have asked ED at fraud reports to remove this posting ASAP.  these errors should not reflect the charaters of anyone mentioned, and theses reports werent designed to be used as a tool for slander!

 


PLEASE REMOVE POSTINGS
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#3 Author of original report

"Bill Alessi" and "Peter Quinones" of "Paramount Equity Partners LLC" Walk with traders risk deposits!

AUTHOR: anonymous - (USA)

Paramount Equity Partners LLC, Sold themselves as a "CBSX" member firm- promising traders cheap commissions as a bait to steal their Risk Deposit-

 

Traders that didn't blow up their account as requested a refund, trying to exit the LLC, would first be told- within 30 days the money will be returned---

 

Then after 30 days later---- would push it another 30 says (while charging maintenance  fee's)

 

After 60 days-

 

Would push LLC agreement of 120 days-

 

After 120 days would say the company is going out of business-

 

WHILE STILL ADVERTISING AND ACCEPTING NEW TRADERS ORIGINAL RISK DEPOSITS WITH NO INTENTION OF RETURNING THE MONEY!

 

IF you called as a trader already with them the company was going out of business- If you called as a new trader things were ROSEY to sent your risk deposit which they had no intention of ever returning.

 

FINALLY WEBSITE IS SHUT DOWN- PHONES ARE DISCONNECTED- and all trader capital is GONE-

 

THE CBSX exchange had this to say:

 

 "We show no record of Paramount Equity Partners LLC being a member of the CBOE Stock Exchange (CBSX).   Nor are they registered in WebCRD as being a Broker Dealer.

 

This is Classic and outright FRAUD!
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#4 Author of original report

Paramount Equity partners LLC Bill Alessi, Peter Quinones. SCAM PROP TRADING FIRM LLC- PARAMOUNT EQUITY PARTNERS LLC BILL ALESSI "THIEF" LLC WALKS WITH TRADERS DEPOSITS

AUTHOR: anonymous - (USA)

 
traders (Marks) are promised cheap commission rates with a simple risk fund deposit, which is said to be returned within 30 days of request of exiting the LLC.
 
in reality - after first request. and told of a return in 30 days- its pushed another 30 days-
 
"I will take care of your request and process a distribution at the end of July"

 Bill Alessi Paramount Equity Partners LLC

AFTER 60 days.

Please understand that it is my intention to remit any final equity balance that may be due to you as a result of your disassociation as soon as possible. Under the terms of our agreement and Paramounts operating Agreement, Paramount has up to 120 days to relinquish any equity balance that may exist and I fully intend to comply with that standard. Should you have any questions regarding this matter please contact me via email to discuss further.

 Bill Alessi

 

AFTER 120 Days-

 

The phone is disconnected and no funds were ever returned.

Paramount Equity Partners LLC billed themselves as a CBSX member firm- after contact with CBOE..(see below)

"We show no record of Paramount Equity Partners LLC being a member of the CBOE Stock Exchange (CBSX).   Nor are they registered in WebCRD as being a Broker Dealer."

 

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