Rod Rieman – Rod Rieman Roderick Rieman, Roderick James Rieman.…

Investment Con Artist, Roderick James Rieman was indicted on mail fraud charges in connection with defrauding more than 100 investors of more than $5 million in a Ponzi-type scheme, federal prosecutors say. Roderick Rieman, 66, of Geneva, and a partner, Michael Crook, 52, of Los Angeles, were indicted April 6, 2011 of 10 counts each of mail fraud by a federal grand jury. If convicted, each count of mail fraud carries a maximum penalty of 20 years in prison, a $250,000 fine and mandatory restitution. The U.S. Attorneys Office for the Northern District of Illinois said the two created four companies between 2004 and 2007, took money for investing in them, overstated and misrepresented their value and return, then used money from new investors to pay older ones, according to the indictment. Rieman said he was was a director of Z Touch Systems Inc., Global Payment Solutions Inc., Bluko Information Inc., and Smart Restaurant Solutions Inc., all based in Las Vegas. The companies were supposed to create interactive kiosks, software for making restaurant reservations and pre-paid debit cards. For example, for Z Touch, the interactive kiosk was called ODIEs, On Demand Interactive Environments, according to the indictment. Rieman misled prospective investors and investors by telling them such things as: Bluko and Z Touch had contracts with the U.S. military and with Habitat for Humanity, according to the indictment. Morgan Stanley was going to take Bluko to the promised land and the U.S. had purchased a large number of ODIEs for use by soldiers. Filed in the U.S.District Court, Northern Illinois is case # If you are a victim, contact: Info on U.S. Atty handling case Edward G. Kohler United States Attorney’s Office (NDIL) 219 South Dearborn Street Suite 500 Chicago, IL 60604 (312) 353-5300 Rieman and his son Brian and daughter April, through his Innovative Financial Services, Inccompany, bilked 100s of victims (mostly retired senior citizens) out of their retirement funds and equity in their properties, to buy into 2 Ponzi schemes: Resort Holdings / Universal Lease in Cancun, Mexico. Amount of Ponzi – $550 Million. Michael E. Kelly, creator of this Ponzi, has been sitting in a Federal jail for 4 years while awaiting trial. He is trying to sell his properties to make restitution to his 9000 victims. Ad Toppers, Douglas Network, Unlimited Cash of Los Angeles, CA. Amount of Ponzi – $26 Million Nancy Carol Khalial, creator of this Ponzi, is out of jail on $50,000 bail waiting for her trial to start. There are approximately 700 victims in this Ponzi. Many of Rieman’s investors were members of the Community Christian Church in Naperville where Rieman attended. Rieman now attends Riverside Community Church, 37W130 Crane Road, St., Charles, Il.

Share Review:
Yes it is. Based on the user review published on NO-SCAM.com, it is strongly advised to avoid Rod Rieman – Rod Rieman Roderick Rieman, Roderick James Rieman. Sharon Rieman, Sharon A. Rieman,Sharon Falco Rieman, Brian Rieman, April Falco Finnancial Scams, Po in any dealing and transaction.
Not really. In spite of the review published here, there has been no response from Rod Rieman – Rod Rieman Roderick Rieman, Roderick James Rieman. Sharon Rieman, Sharon A. Rieman,Sharon Falco Rieman, Brian Rieman, April Falco Finnancial Scams, Po. Lack of accountability is a major factor in determining trust.
Rod Rieman – Rod Rieman Roderick Rieman, Roderick James Rieman. Sharon Rieman, Sharon A. Rieman,Sharon Falco Rieman, Brian Rieman, April Falco Finnancial Scams, Po is rated 1 out of 5 based on the reviews submitted by our users and is marked as POOR.
Never trust websites which offer a shady ‘advocacy package’ to businesses. Search for relevant reviews on Ripoff Report and Pissed Consumer to see more unbiased reviews.
The above review and comments against Rod Rieman – Rod Rieman Roderick Rieman, Roderick James Rieman. Sharon Rieman, Sharon A. Rieman,Sharon Falco Rieman, Brian Rieman, April Falco Finnancial Scams, Po were submitted by NO-SCAM.com user(s) and have been published as-is. NO-SCAM.com does not edit, alter or remove content published by it’s users. There’s no amount of money a business can pay to manipulate their reviews or complaints and NO-SCAM.com will NOT entertain any request to remove the review on Rod Rieman – Rod Rieman Roderick Rieman, Roderick James Rieman. Sharon Rieman, Sharon A. Rieman,Sharon Falco Rieman, Brian Rieman, April Falco Finnancial Scams, Po at any cost whatsoever.
>