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  • Report:  #194940

Complaint Review: Alliance Acquisitions Associates - Marietta Georgia

Reported By:
- Springfield, Virginia,
Submitted:
Updated:

Alliance Acquisitions Associates
3901 Roswell Road Suite 215 Marietta, 30062 Georgia, U.S.A.
Phone:
770-565-9994
Web:
N/A
Tell us has your experience with this business or person been good? What's this?
I received a fax from Alliance Acquisitions back in March 05. The fax stated that they help sell businesses. They said they have a list of buyers that were interested in the type of business I have. I called and they said they would have a rep contact me about a time when he could come to my office and meet to discuss the selling of my practice.

As the date approached I started to wonder how much he could sell my business for. As I started to think about it I didn't think I could get much for it, so I called Todd Boffo to cancel our meeting. Todd was the sales rep. Happened to be in the northern Virginia area and convinced me that my business was probably worth more than I thought.

So I decided to go ahead and have him meet me at my office. He asked me about my collections, liabilities, assests. After about 30 minutes of talking he wrote some numbers down based on what I told him and came up with a selling price of $320,000-$360,000. to me this was great because I thought my business was only worth about $100,000.

He told me that if I signed with Alliance they would guarantee selling my business within 12 months or I would receive a full refund. He said this several times and I questioned him several times about the refund if my practice was not sold. He also told me that any potential buyers would have to offer me what my assessed value was which was in the $320,000 360,000.

He also told me that a independent company would come to asses the value of my company and then write a Business Valuation Report. The name of this company is RSI & Associates, Inc., Wells Fargo Bank Building 6000 South Padre Island Drive, Suite 250 Corpus Christi, Texas 78412. 361-994-8095, 800-230-9086, Fax 361-994-8054. value-solutions.com.

If the potential buyers didn't offer me a price within my range then this was not a qualified buyer and I would still receive a refund of $5000.

He also told me that I would pay a % of my sales price as a fee. This would be $15,000. He also told me he only gets paid based on commission, and that he didn't receive a dime from the $5000 I gave him that evening. This money was to pay for the valuation.

The only thing Todd said was that the business needed to be sold. He never mentioned that potential lenders would be a qualified lead and that I would not receive a refund.

Both Todd Boffo and Alliance are a bunch of thieves.

They should be arrested and tried for breaking the law. As Todd stated to me was that an independent firm would come to evaluate my businesses worth and they never did. So my business valuation is a fraud because it is solely based on what I told Todd Boffo in our 30-40 minute meeting. Since they did not provide what they saidthay would do both in the valuation and the selling of my business, I should not only receive my $5000 refund but damages because of false reporting of my business worth.

We never heard from Todd or Alliance after they received our check. Five months later we give them a call and they asked if we had received their evaluation. Yes, but we wanted to know why they had not called us to let us know of any potential buyers.

We knew something was up. They kept making sure we were happy with their evaluation.

Alliance said they were working on their computers, and would get a monthly statement to us regarding any activity on our business. We waited one month and still received nothing. We call again. Nothing but the run around. They were rude. They were insulting. They said anything to get us off the phone. We never received any return phone calls. 30 days prior to the end of the contract we get a phone call from Tangela stating she had a qualified buyer for us. This time I did not call her I called our Lawyer and found out that this was not a company wanting to buy our business, but a Lender. They had no intentions of buying our business. He also stated that the fine print on the contract stated that they only had to present a potential lender. Todd never happened to mention this small detail.

Tangel told me they did not have to sell our business and that if I kept bothering her she was not going to continue trying to sell our business. We do not have the time to tell all the things that were said to us to keep us from calling. It worked for awhile. We did not need the abuse we would receive every time we called.

We were trying to sell our business to move out of the area. Our nine year old daughter Amber-Marie had died from Lyme disease, and our three sons had contracted to disease as well. We live in a deer invested area. We needed to get out for medical reasons. When Todd contacted my husband I was out of town getting treatment for our children. Todd and Alliance knew why we were needing to sell. They are heartless individuals.

Tangela told me I should not take out my problems on her. She told me the fact that I was demanding action, was why I was not getting it, and that she would no longer try to help us sell our business.

We are still here one year later. My children our still getting tick bites. We are out precious money we need to get our children treatment.

The biggest disappointment of all is the fact that there are actually people out there that would do this to another individual. I do not know how these people sleep at night. May God have mercy on their soul.

Anthony

Springfield, Virginia
U.S.A.


7 Updates & Rebuttals

Anthony

Springfield,
Virginia,
U.S.A.
God is in control

#2Consumer Comment

Thu, June 08, 2006

I do agree with you that there are a lot of dis-honest people in this world. However, I also believe that our God is bigger than any of these people. He will avenge what is being done to the honest, hard working people who are being scammed by these people and others like them. I will not become like them and start treating others as they have treated us. We can prevail. Yes, justice takes time. Don't give up. There is power in numbers.


Tom

Palm Bay,
Florida,
U.S.A.
advance fee = ripoff ...FBI have made it clear to us in a billion different ways that it is NOT INTERESTED in doing something about white collar crime.

#3Consumer Comment

Thu, June 08, 2006

my name is tom and i am a mortgage broker You may not like what i have to say. However, it is the truth. the goverment and FBI have made it clear to us in a billion different ways that it is NOT INTERESTED in doing something about white collar crime. this buddy you are talking about, built disclaimers into his contract and screwed you. Yes, EVENTUALLY there will be some class action lawsuit, and after several years, the LAWYERS will get all the money and you each get a check for $42.50 . meanwhile, whatever he was 'fined' will be small potatoes compared to what he scammed. He will WALK AWAY with his company (LLC no doubt) gutted and he a rich man. He has worked out a 'time frame ' to rip folks off until he gets shut down. Do you think filing lawsuits and calling attorney generals is going to do A GOD d**n THING? It takes YEARS to untangle all the lawsuits, and meanwhile he keeps right on SCAMMIN. read reports on here for a while -and you will find scammers RIPPING PEOPLE OFF YEAR AFTER YEAR and they are STILL GOING AT IT. Aint life in the United states grand? Have you guys ever heard of ameriquest? The OWNER IS NOW A FRIGGIN EMBASADOR TO ANOTHER COUNTRY . Shouldnt he be in JAIL? Of course not. Amierquest just paid a fine -peanuts compared to what he scammed, and off he goes -to REPRESENT THE VERY PEOPLE HE RIPPED OFF-as a foreign dignitary. Can you believe that? My suggestion? Go START A SCAM and rip people off until you have your money back AND MORE. Build 'disclaimers' into your scam so that it isnt really outright fraud, so you wont get shut down. Nobody is going to do a god d**n thing about it, until there is SO MANY COMPLAINTS, a class action suit may be formed. When they finally DO something, you will be so rich you can pay off the 'fines' and more...... Most scammers prolong the process by paying off the people who try to goto court -so that its hushed up. Most people just get scammed and move on, so pay the few that threaten legal action. You are still making millions off the ones who just walk away. meanwhile, all the people you scammed can come to ripoff report and whine and complain to no avail like we are right now. WE ARE DUMMIES..... we are good people with good souls, but we are IGNORING the obvious. Next time -DONT GIVE SOMEONE MONEY IN ADVANCE TO DO ANYTHING. EVER. that will defeat all scams.


Bob

CRESTWOOD,
Kentucky,
U.S.A.
WE CAN HELP YOU ANTHONY WITH ALLIANCE ACQUISITIONS RIP-OFF!!

#4Consumer Suggestion

Tue, June 06, 2006

ANTHONY..... You are NOT alone Anthony! Literally 1000's of current and past AA clients hav had similar experiences but not to the extent that it has involved your personal lives with the tragic death of your daughter and the medical problems you currently have with your other children. I am part of a group effort who is working diligently to bring Alliance Acquisitions to justice. Since April 2006 our group has been involved with informing state, local and federal authorities and other agencies like the BBB to stop these scumbags before they steal anybody's elses money. I sent your ripoffreport DIRECTLY to Curly (Ted Mariott, AA's COO and "legal advisor" this morning. They nailed me for $ 5K, some in our group have lost over $ 19K from AA. Same ol' story, same ol' SCAM. i don't want to go into detail on here about what is going on in our efforts to stop AA because the "Monroe" you read on this website is either Ted or Randy Hicks who is the CEO of this fleabag operation. Somehow we will find out how to contact you in confidence and explain where we are with our efforts to stop these idiots in their tracks. My sincere sympathy for what your family has gone through battling Lyme Disease. Like you said: God have mercy on their souls. You need to call your AA "buisness analyst" or "sales rep", what you will probably find out is he no longer works for them like many others that are jumping off the sinking ship as time goes on. Anthony, TRUST ME we will not stop our efforts until justice is served and people are refunded ALL their money and possibly "then some". The corners for these rats to hide are getting hard to find these days and we are just getting warmed up!! I hope to be in touch with you somehow and we WILL find a way to get that done. Stay focused and thanks for your ripoffreport!


Bob

CRESTWOOD,
Kentucky,
U.S.A.
WE CAN HELP YOU ANTHONY WITH ALLIANCE ACQUISITIONS RIP-OFF!!

#5Consumer Suggestion

Tue, June 06, 2006

ANTHONY..... You are NOT alone Anthony! Literally 1000's of current and past AA clients hav had similar experiences but not to the extent that it has involved your personal lives with the tragic death of your daughter and the medical problems you currently have with your other children. I am part of a group effort who is working diligently to bring Alliance Acquisitions to justice. Since April 2006 our group has been involved with informing state, local and federal authorities and other agencies like the BBB to stop these scumbags before they steal anybody's elses money. I sent your ripoffreport DIRECTLY to Curly (Ted Mariott, AA's COO and "legal advisor" this morning. They nailed me for $ 5K, some in our group have lost over $ 19K from AA. Same ol' story, same ol' SCAM. i don't want to go into detail on here about what is going on in our efforts to stop AA because the "Monroe" you read on this website is either Ted or Randy Hicks who is the CEO of this fleabag operation. Somehow we will find out how to contact you in confidence and explain where we are with our efforts to stop these idiots in their tracks. My sincere sympathy for what your family has gone through battling Lyme Disease. Like you said: God have mercy on their souls. You need to call your AA "buisness analyst" or "sales rep", what you will probably find out is he no longer works for them like many others that are jumping off the sinking ship as time goes on. Anthony, TRUST ME we will not stop our efforts until justice is served and people are refunded ALL their money and possibly "then some". The corners for these rats to hide are getting hard to find these days and we are just getting warmed up!! I hope to be in touch with you somehow and we WILL find a way to get that done. Stay focused and thanks for your ripoffreport!


Bob

CRESTWOOD,
Kentucky,
U.S.A.
WE CAN HELP YOU ANTHONY WITH ALLIANCE ACQUISITIONS RIP-OFF!!

#6Consumer Suggestion

Tue, June 06, 2006

ANTHONY..... You are NOT alone Anthony! Literally 1000's of current and past AA clients hav had similar experiences but not to the extent that it has involved your personal lives with the tragic death of your daughter and the medical problems you currently have with your other children. I am part of a group effort who is working diligently to bring Alliance Acquisitions to justice. Since April 2006 our group has been involved with informing state, local and federal authorities and other agencies like the BBB to stop these scumbags before they steal anybody's elses money. I sent your ripoffreport DIRECTLY to Curly (Ted Mariott, AA's COO and "legal advisor" this morning. They nailed me for $ 5K, some in our group have lost over $ 19K from AA. Same ol' story, same ol' SCAM. i don't want to go into detail on here about what is going on in our efforts to stop AA because the "Monroe" you read on this website is either Ted or Randy Hicks who is the CEO of this fleabag operation. Somehow we will find out how to contact you in confidence and explain where we are with our efforts to stop these idiots in their tracks. My sincere sympathy for what your family has gone through battling Lyme Disease. Like you said: God have mercy on their souls. You need to call your AA "buisness analyst" or "sales rep", what you will probably find out is he no longer works for them like many others that are jumping off the sinking ship as time goes on. Anthony, TRUST ME we will not stop our efforts until justice is served and people are refunded ALL their money and possibly "then some". The corners for these rats to hide are getting hard to find these days and we are just getting warmed up!! I hope to be in touch with you somehow and we WILL find a way to get that done. Stay focused and thanks for your ripoffreport!


Bob

CRESTWOOD,
Kentucky,
U.S.A.
WE CAN HELP YOU ANTHONY WITH ALLIANCE ACQUISITIONS RIP-OFF!!

#7Consumer Suggestion

Tue, June 06, 2006

ANTHONY..... You are NOT alone Anthony! Literally 1000's of current and past AA clients hav had similar experiences but not to the extent that it has involved your personal lives with the tragic death of your daughter and the medical problems you currently have with your other children. I am part of a group effort who is working diligently to bring Alliance Acquisitions to justice. Since April 2006 our group has been involved with informing state, local and federal authorities and other agencies like the BBB to stop these scumbags before they steal anybody's elses money. I sent your ripoffreport DIRECTLY to Curly (Ted Mariott, AA's COO and "legal advisor" this morning. They nailed me for $ 5K, some in our group have lost over $ 19K from AA. Same ol' story, same ol' SCAM. i don't want to go into detail on here about what is going on in our efforts to stop AA because the "Monroe" you read on this website is either Ted or Randy Hicks who is the CEO of this fleabag operation. Somehow we will find out how to contact you in confidence and explain where we are with our efforts to stop these idiots in their tracks. My sincere sympathy for what your family has gone through battling Lyme Disease. Like you said: God have mercy on their souls. You need to call your AA "buisness analyst" or "sales rep", what you will probably find out is he no longer works for them like many others that are jumping off the sinking ship as time goes on. Anthony, TRUST ME we will not stop our efforts until justice is served and people are refunded ALL their money and possibly "then some". The corners for these rats to hide are getting hard to find these days and we are just getting warmed up!! I hope to be in touch with you somehow and we WILL find a way to get that done. Stay focused and thanks for your ripoffreport!


Unsatisfied

Anytown,
California,
U.S.A.
Where's ol Monroe now??

#8Consumer Comment

Tue, June 06, 2006

AA is NOT a member of the BBB in 2006, even though the allianceacquisitions.com website states otherwise. You can follow the link yourself and see that AA is not listed anywhere! Seems like the company you claim to have such a great relationship with needs a bit more of your assistance in defending their actions these days!Have you spoken with Moe, Larry and Curly about what they plan to do to rectify the situations they have created for themselves and consumers alike across the nation?

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