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Report: #1043537

Complaint Review: Synergy Oil, LLC - Newport Beach, CA 92660 Internet

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  • Reported By: Sharon — Merritt Island Florida
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  • Synergy Oil, LLC 1201 Dove St., Internet United States of America

Synergy Oil, LLC Robert Falco In January, 2011, I was bombarded with marketing calls from Sam Frees with Synergy Oil, LLC., Internet

*Consumer Comment: Is this about Sam Frees (Sales) or Synergy Oil LLC?

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In Jan., 2011, I queried the Internet looking for oil lease possibilities.  I began receiving constant calls from Sam Frees with Synergy Oil, LLC, stating that they had just what I was looking for and began bombarding me with material substantiating their production and business plan.  He wanted me to invest $100,000 stating that I would be receiving quarterly dividends and then could pull out in two years with my investment.

I checked all the normal reporting agencies and everything looked legit, but I told him I would only make an initial investment of $10,000, not the $100,000 he wanted.  He accepted the $10,000 by telling me he was grouping my investment with a couple of others to equal the minimum $100,000.

to date I have received three distributions of $80.55, $58.92, and $79.44.  The last correspondence I received from Robert Falco was November, 2012 wherein he said the company was on life support. i have written him since, requesting a refund of my investment, but cannot get a reply from Mr, Falco.

This report was posted on Ripoff Report on 04/15/2013 06:48 PM and is a permanent record located here: https://www.ripoffreport.com/reports/synergy-oil-llc/internet/synergy-oil-llc-robert-falco-in-january-2011-i-was-bombarded-with-marketing-calls-from-1043537. 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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#1 Consumer Comment

Is this about Sam Frees (Sales) or Synergy Oil LLC?

AUTHOR: Natalia S - (USA)

POSTED: Tuesday, July 28, 2015

First, as an investor, you must understand the risks of investing. Right? You should always do research when investing. Tony Pistilli and Robert Falco were the owners of Synergy Oil LLC at the time of their scam

http://www.dbo.ca.gov/ENF/pdf/2011/synergyoil_DR.pdf

I'm looking into investing with Sam Frees's Oil company. My understanding is that Sam Frees was inthe sales department not a Managing partner in the company. Of course if you are on a lead list you are going to get calls. It just seems petty to name the salesman in a ripoff report.

http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=%201555751%20&owner=include&count=40

It looks like he has been in play from February 06, 2013. Not August 16, 2012

-Natalia

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