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Report: #230380

Complaint Review: PCI - Diko Khatcherian - Global Royalties Limited - Mississauga Ontario

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  • Reported By: London Ontario
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  • PCI - Diko Khatcherian - Global Royalties Limited 145 Traders Boulevard East, Suite #1 Mississauga, Ontario Canada

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Back in 2004 or in 2005 (can't remember) I and my girlfriend got in contact with Diko and group at PCI. My girlfriend invested $15,000 with Diko's dealings and when we found out that it's all a hoax, we made a clever plan to recover our money.

My girlfriend offered to work for PCI and/or Diko in a way where she would bring potential "high-profile clients" to him to do "business" with. She then talked to a girlfriend of hers to cooperate with her. In Diko's eyes (and knowledge) this woman was a very wealthy business lady (who in fact was a very average citizen). Anyway, she was brought in to see Diko, signed whatever papers (none of us cared about any papers and/or signatures), and when Diko was convinced that this woman was going to invest $700,000 or whatever the number we though of that sounded to be impressive, my girlfriend asked Diko if he could return the money that she invested initially (the $15,000) due to whatever happened in the family (a made-up story again). My girlfriend got her money back based on Diko's hopes and enthusiasm to get lots more money from the lady who would supposedly invest $700,000 (or whatever the imaginary amount was). As soon as my girlfriend got the $15,000 back, we never dealt with Diko or PCI or any of his group again.

Initially -- when we believed Diko and/or PCI was conducting a legitimate business -- I had helped him and his business by building the web site for PCI for a total of U.S.$26,000 to which he agreed to pay, but, of course, I've never got paid a penny of this amount. After all I built them their web site and hosted it for free. That's my total loss against Diko at the present time... but somehow I no longer believe I can recover any of my loss with him. As it seems, the Canadian law system protects the fraudulent businesses... Even the RCMP investigator agreed with me about this when she came to take a report from us at our residence back in 2004 or 1005, can't remember the date. It seems like the RCMP can't touch Diko and his illegitimate dealings. Strange but true.

Rob
London, Ontario
Canada

This report was posted on Ripoff Report on 01/13/2007 02:22 PM and is a permanent record located here: https://www.ripoffreport.com/reports/pci-diko-khatcherian-global-royalties-limited/mississauga-ontario-l4z-3l3/pci-diko-khatcherian-global-royalties-limited-fraud-illegal-gem-stone-fraudulent-cheat-j-230380. 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:
0Author
3Consumer
1Employee/Owner

#4 Author of original report

*** UPDATE -- RETRACTION, APOLOGY, and REBUTTAL ***

AUTHOR: Rob - (Canada)

POSTED: Friday, September 26, 2008

I wish to retract the statements posted by myself on RipOffReport.com on January 13, 2007 and March 9, 2007. My statements were false and misleading.

I confirm that I have had no financial or other dealings of any kind with Global Royalties Ltd. or with Brandon Hall, and I have no reason to believe that Global Royalties Ltd. is not an honest and reputable business. I acknowledge that the issues that I have with Diko Khatcherian, PCI, and other companies controlled by Diko Khatcherian are not in any way connected to Brandon Hall or Global Royalties Ltd..

I apologize to Global Royalties Ltd. and Brandon Hall for mistakenly associating them with those businesses and individuals.

I confirm that I have requested that RipOffReport.com remove my postings as they are false, but RipOffReport.com has to date refused to do so.

I confirm that I am willing to take any reasonable steps necessary to correct the misinformation that I have posted on RipOffReport.com and to attempt to restore the good name of Global Royalties Ltd. and Brandon Hall for the inconvenience and possible hurt I might have caused in my postings.

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#3 UPDATE EX-employee responds

Diko Khatcherian and Brandon Hall are associated

AUTHOR: Annie - (Canada)

POSTED: Thursday, March 08, 2007

Brandon Hall is definitely associated to Diko Khatcherian, not saying that their companies are related (other than performing the same scam!!!). I dealt directly with Cpl McCrory of the RCMP (whose office phone number is actually available on one of the ripoff posts, although she is now working with the OPP on something unrelated - well last time her and I spoke anyway) and I am very familiar with all the people named on these rebuttles.

There is absolutely no way anyone should believe or trust anything that comes from any of these companies, no matter if followed by seemingly legitimate threats of injunctions or letters of cease and desist.

The original entry I made is no longer available by google search (but is still available on ripoffreport.com)- it appears these people have been successful at trying to hide their indiscretions. Suggestion for everyone thinking of investing their money - do not bother unless you want to add the cost of a lawyer to try to get back all the money you will have pissed away.

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#2 UPDATE EX-employee responds

THEY ARE ALL SCUM BAGS

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

POSTED: Saturday, January 27, 2007

I used to work for this little ring of fraudsters. I was part of a undercover investigation into a ring of colombian gem smugglers and con artists in the toronto area. This is the true story. All these companyies know each other, PCI, Nadalia , Dali International, Crown Equity Managment, Global Royalties, Tricontinental Capital, The Merry Hill Group.

They are all the same ring of boiler room p*** stealing money over the phone. My 18 month investigation concluded that the canadian government did absoulty nothing to stop these people.

Here is Global Royalties scam. they buy a gem from a company called Evergreen Gems in NYC in the diamonds district from a guy name Ronnie Zarr than they take that gem that they paid 1200US for and sell it to an investor over the phone for ten times its value and than once a year the go to some unknown country and sell one at auction so the clients think that they might make money!

I have personall heard pure bs comming out of dekos mouth while he was ripping off a client. these people are scum and so is brendon hall. You all should be shot. I hope the cops catch up with you!

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#1 REBUTTAL Owner of company

PCI

AUTHOR: Brandon - (Canada)

POSTED: Wednesday, January 17, 2007

I am Brandon Hall, President of Global Royalties Limited. Global Royalties Limited is a family owned corporation which has been in business for over 30 years.

Global Royalties Limited has no connection with PCI and has never had any connection to PCI.

Diko Khatcherian has never had any shareholding interest in Global Royalties LImited and is not associated with Global Royalties Limited in any fashion.

Whatever complaints Rob of London, Ontario has with respect to Diko Khatcherian have nothing to do with Global Royalties Limited and the posting of Rob from January 13, 2007 should be modified to remove any references to Global Royalties Limited or to our address or phone number.

Global Royalties Limited has issued a Statement of Claim which was served on Rip-Off Report.com in September, 2006 claiming an injunction requiring the removal of a previously posted slanderous message posted by the Rip-Off Report.com connecting Global Royalties Limited to Diko Khatcherian.

Rip-Off Report.Com did not respond to the service of the Staement of Claim and Judgement for an injunction will be taken out against them.

I would invite "Rob" to call me to discuss this issue and to verify what I have stated here.

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