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  • Report:  #550349

Complaint Review: ABS Fund

ABS Fund George Cody Price ,con artist , fraud , claims to be investment expert , Internet

  • Reported By:
    Mike — chicago Illinois U.S.A.
  • Submitted:
    Wed, January 06, 2010
  • Updated:
    Sat, July 02, 2011

George Cody Price is a thief and a con man. He works with John Baxter and Richard Schulenberg in his con. ABS fund is a front for his latest scam.



George Cody Price , Cody Price ,incorporated his last phony company July 3 ,2008 and he got his first lawsuit from Onecap Mortgage in August 2008. He began his fake CMO trades in August 2008 with John  Baxter and Richard A Schulenberg and at last count they stole over $4,000,000. 



His newest company is ABS fund where he claims to be an expert in high yield bonds. He is an expert at stealing your money. I lost $600,000 to these thieves.



Cody Price claims to have a finance degree--he DOES NOT. 



Do not attend any of his fake seminars as they are just a conduit to his latest con of buying discounted bonds and selling at a quick profit. The only thing quick is how fast your money is gone. 




3 Updates & Rebuttals


G C Price

san diego,
California,
United States of America

From the owner of the company mentioned

#4REBUTTAL Owner of company

Tue, June 28, 2011

To clear my good name, please read the following rebuttal. This report was made by a deranged lunatic. It is complelety and utterly False. I have never met him in person or otherwise, nor done any business with him, no contracts, no bond deals, nothing, notta, nilch, zip, zero. I am currently suing him for 5 million dollars for his outrageouse remarks made on this website, all about me. I have been contacted by him in the past and asked for payment of money that I do not have of his and never did. He has tried to extort money from me, and he is the true conman. I am not sure how many reports he has made to try and target the wealthy, but I am have a suspicion that I am not the first, nor am I the last victim of his slanderous false accusations and attempts at extortion. I have already had my attorney take his deposition in my lawsuit against him, where he said point blank he did not know me and has never done business with me. I ask all potential clients to contact my attorney and also contact my client database, which goes back 10 plus years. I have never had a complaint made about me from any of my real clients, ever. I have allowed all potential clients to call and interview all my cleints, and to this day all of my real clients think of me to be a true and honest person who has their best interests in mind. According to my attorney and the preliminary ruling from the judge, it very cut and  dry that this person has never done business with me, nor does he know me, or ever had a business dealing with my company. For starters, anyone who knows my corporate stratgey knows it is a slow growth long term US agecy bond investment strategy. Not some buy cheap, and flip for double, get rich quick scheme, as this person has made it out to be. He claims I do not have a degree, I can show you a copy of my degree in finance, and my client list complete with names and addresses and phone numbers. I have a distinquished history with large firms and no negative marks on my record, ever. The one lawsuit against me was from 2008 and it involved a real estate contract, where I was the buyer, and backed out as the seller had overinflated his values drastically. He then tried to sue me for not closing escrow. The judge threw it out of court imediately, in my favor as the victim, and that compnay was shut down for doing the same to others. I ask any and all clients who want to know more about this ridiculous report made about me to call me and please feel free to call my clients of which will all vouch for me. Some positive comments about me that are from clients can be found on my linked in page as well. I have an official legal response from my attorney, and a copy of the deposition on the person who wrote this report about me. The judges preliminary ruling in los angeles district court is currently that this intentioanlly false report is evidence of slander per se. Please contact me immediately to get a copy of the full ruling and more data from me that will help to clear my good name. Thank you.


G C Price

san diego,
California,
United States of America

Judge Rules false report is "Slander Per Se"

#4REBUTTAL Individual responds

Tue, June 28, 2011

To clear my good name, please read the following rebuttal. This report was made by a deranged lunatic. It is complelety and utterly False. I have never met him in person or otherwise, nor done any business with him, no contracts, no bond deals, nothing, notta, nilch, zip, zero. I am currently suing him for 5 million dollars for his outrageouse remarks made on this website, all about me. I have been contacted by him in the past and asked for payment of money that I do not have of his and never did. He has tried to extort money from me, and he is the true conman. I am not sure how many reports he has made to try and target the wealthy, but I am have a suspicion that I am not the first, nor am I the last victim of his slanderous false accusations and attempts at extortion. I have already had my attorney take his deposition in my lawsuit against him, where he said point blank he did not know me and has never done business with me. I ask all potential clients to contact my attorney and also contact my client database, which goes back 10 plus years. I have never had a complaint made about me from any of my real clients, ever. I have allowed all potential clients to call and interview all my cleints, and to this day all of my real clients think of me to be a true and honest person who has their best interests in mind. According to my attorney and the preliminary ruling from the judge, it very cut and  dry that this person has never done business with me, nor does he know me, or ever had a business dealing with my company. For starters, anyone who knows my corporate stratgey knows it is a slow growth long term US agecy bond investment strategy. Not some buy cheap, and flip for double, get rich quick scheme, as this person has made it out to be. He claims I do not have a degree, I can show you a copy of my degree in finance, and my client list complete with names and addresses and phone numbers. I have a distinquished history with large firms and no negative marks on my record, ever. The one lawsuit against me was from 2008 and it involved a real estate contract, where I was the buyer, and backed out as the seller had overinflated his values drastically. He then tried to sue me for not closing escrow. The judge threw it out of court imediately, in my favor as the victim, and that compnay was shut down for doing the same to others. I ask any and all clients who want to know more about this ridiculous report made about me to call me and please feel free to call my clients of which will all vouch for me. Some positive comments about me that are from clients can be found on my linked in page as well. I have an official legal response from my attorney, and a copy of the deposition on the person who wrote this report about me. The judges preliminary ruling in los angeles district court is currently that this intentioanlly false report is evidence of slander per se. Please contact me immediately to get a copy of the full ruling and more data from me that will help to clear my good name. Thank you.


Jack Rabbit

USA

Thief and conman

#4Consumer Comment

Wed, February 24, 2010

This guy claims to be investment expert in bonds- but he is a complete and total crook.

do NOT give him any of your money, you will never get it back. i know first hand i lost $600. his partners in crime help him out and are 'contacts' in other businesses which he uses to try and scam more money out of you.

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