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Wendy Pineda Wendy Speedy Pineda, Wendy Mary PinedaTotal Access LA – Producer and Content Creator, Supersonix Media, Inc.– Business Development, Xtreme Wealth, Inc., VPS Vault LLC, Venture Power Systems, LLC Wendy Pineda Business Defrauds Toluca Lake California
In June 2010, I was a distressed homeowner when I met Wendy Pineda; she was referred to me through a friend that gave Wendy my phone number during advertising her services to homeowners at their doorsteps.
I received a phone call from Wendy Pineda. I explained my situation and she requested that I email her the brokers’ documents and my home information. We met with the brokers and she was very aggressive with them cancelling my contract due to their actions of trying to rip me off. Her actions gained my trust and there-forth we discussed about my new business and what my plans were. I hired her as my business manager for $500. In my business vulnerabilities, she was alluring and engaging that it was almost impossible to avoid taken her calls that were constant contact. She had made a favorable first impression. She whirled me in by her passion for advocating and the promises to help others like me in avoiding foreclosures and she herself being a real estate investor.
Wendy, The Arkhetype Group, assisted me with assuring me that she can purchase my home property note and create a feasible contract for my monthly rental fee. I was excited and relief. Problems occurred with her being unable to purchase my property note due to me having a particular type of contract as she stated. She then referred me to an attorney Walter whom service was stopping homes from auctioning and services of forensic investigation of properties. I paid for his services of $4500 on these services and for filing a response to the court, which both failed to complete. (I have now a judgment).
While I was trying to save my home, Wendy offered a great opportunity in Speedlings Software. I invested $5000 contract that within the course of 12 months a return of $15,000 which I was excited to do. (Speedlings Software contract I have).
Wendy discussed with me the cons and pros of what I can do if I stay to save my home or leave. She knew my passion was to start my new business and that I could use the surplus money towards flipping real estate for profits to use to start my business. Wendy influenced my decision as she was very promising that investing my money into real estate flipping I would double my money in profits within six months. She claimed that we would successfully earn double profit because of her expertise in real estate and realtors in contact she worked with. My home of 10 years was auctioned because of her fraudulent motive.
In August 2010, I was served to move out 3 days. My son and I were devastated, homeless, stressed and tearful with our 4 pets on the street from hotel to hotel. Wendy Pineda offered to rent her timeshare in Anaheim where we can stay until I could find a new place. During this time I was notified that I was to receive a surplus from my home auctioned of $59,000 due to me never refinancing those 10 years. While my son and I were staying at the hotel she impressively suggested the great opportunity to invest in her new venture business Xtreme Wealth, Inc. to do the real estate flipping.
In September 2010, she was aggressively impatient with pressuring me and McCarthy & Holthus LLP. (Email sent from Wendy Pineda to McCarthy & Holthus, LLP on September 02, 2010)
On October 2010, I handed Wendy Pineda a check for $50,000. (Promissory note Xtreme Wealth, Inc due this October 2013)
On the end of December of 2010 Wendy Pineda discussed with me about the little profit my 401k was gaining. She had an incredible business opportunity that would create my 401k to earn a higher interest. This was Blossom Vacation, LLC a timeshare business rental for profit (at that time I didn’t know this was illegal). It was great and I trusted Wendy fully she always knew how to create high hopes. She rushed me to make the withdrawal of my 401k from Equity trust. (Promissory note Blossom Vacation, LLC). Everything was always a rush action to be done because of the importance of timing.
In 2011 at an event we met and I asked Wendy about my investments, she stated that I was a silent investor and that was it.
Ultimately, we continued to work as partners and employment. I was COO for Xtreme Wealth, Inc. Wendy suggested that we should develop a social media and internet marketing service for small businesses. We had several clients and free training seminars to small business owners.
Her restructuring of the business and creating different dba’s were constant. I asked particular questions about the financial status, to view the operating agreement, and the Arizona real estate details, but she is very intellectually smart and promised next time I’ll have it for you.
Wendy’s motto and persuasive evidence such as Warren Buffet, Andrew Carnage and others was to use a pool of private investors to use for business ventures.
Through 2011 she stated that the Arizona real estate was closing any time, but every month something inevitable would happen.
By July 2012, I aggressively became suspicious and trust was being questionable. I had not seen any cash flow. Wendy’s new business was now mobile apps. Rent and bills were not being made on both ends. I was now filing for medi-cal and cal-fresh food stamps. Anxiety, depression, and stress became daily. I finally demanded answers from Wendy. Why were we in this situation if I had given her enough capital money for a business to be established by this time. When I repeatedly questioned Wendy she became overly domineering, disrespectful or abusive in business and finally she exclaims “I’m done!” with her stating that I have been nothing but in the way of her business success. She stated that I didn’t have the skills that the company required. She stated she would pay me back all of my investments by 30 days. That was never done.
I realized on many incidents she would rapidly change subjects or excuse herself of a meeting to attend with a prosper client. Wendy Pineda’s attitude was distinctly evasive regarding critical financial information of the corporation. Every other week or month the business structure changed. The organizational structure of the business appeared to become complex and an unstable.
Wendy Pineda’s actions, reliance upon false statements with private investors, and through unethical business practices is and was defrauding that has caused me tremendous damages and losses.
1 Updates & Rebuttals
Wendy Pineda
#2Author of original report
Mon, April 06, 2015
Wendy Pineda Wendy “speedy”, Wendy M Pineda,Supersonix Media, Inc. – Business Development,Visual Work Innovation,Total Access LA – Producer and Content Creator Wendy Pineda - Beware From Her Toluca Lake California
Continued from my previous report:
Wendy Pineda’s action, reliance upon false statements to private investors and through unethical business practices are and was defrauding which has caused me damages and losses.
There are six others individuals (possibly more). She was very enticing with promises made using promissory notes to invest into her businesses. My losses have been over $100,000. Her actions have brought enormous damages in personal injury. I was not able to start my business, credit damages, judgments’ and loss of jewelry pawned (she signed to repay loans to get my jewelry back) and emotional injury.
The lowest part is her deliberate lies about having two other real estate partners that wouldn’t give her the earnings from an escrow closing because her partner’s mother was terminally ill in the hospital during this time my Mother was going through breast cancer. Because this was money she owed toward a loan my mother gave her.
I have emails of her threats towards me and my family if I ever spoke out. I've been afraid to speak out. I also have emails and documents of working with her for 2 years. I began to question her about the money invested...she became furious and dismissed quickly working together...she always had an excuse and that soon she would show me the real estate investments she made but that she was waiting for escrow to close.
I’ve been afraid speak out, but I have now realize there can be justice and warn others.