We are a real estate investment company. We own an apartment complex which was having an issue with A/C units being stolen from the rooftop. We contacted Emerging Innovations Corp. in Dec. 2013. The company advertised through their website a specialized product and service for tracking stolen A/C units through a GPS Tracking System.
We contracted with Bruce Banko II and Sr. who were listed as the COO and Director of Sales at Emerging Innovations Corp. After we agreed on the contract price for the promised products (AC Trax was the product) and service our Company wired $27,975 to a bank in Kansas. After several weeks only a small portion of the GPS tracking units were shipped. It was difficult in getting a commitment from Banko II and Sr. on when the remaining units would be delivered. After several weeks the communication stopped. We have been trying to communicate with Banko II and Sr. since placing the order. We have had no response or resolution to fufilling the order and the 3 yrs. of tracking service promised in the original contract.
Our subsequent research has found at least 5 entities connected to Bruce Banko II and Sr. which are now dissolved. Banko II and Sr. have not registered Emerging Innovations with the Florida Department of State to legally create an entity. The billing address on the invoice was a residential address owned by RSC Renovations located in Lehigh Acres, FL. This renovation company's main office shares an address with Asset Trax Inc. (one of the Banko's dissolved entities) in Naples at a virtual office space at 2430 Vanderbilt Beach Road.
Their business dealings were very professional and positive up front, and then once the $27,975 was wired to their account, the communication faltered and then stopped. We have notified the Attorney General's office, Lee County Sheriff's Office and we are committed to seeking our $27,975 through the appropriate court in Florida.
As listed on the Florida Gulf Coast University website; Mr. Bruce Banko II is also employed as the Media Coordinator at the college since September 2013. Another family member Ryan Banko is listed as a Sales Representative in the public records for Asset Trax Inc.
We would highly advise not wiring any funds to this company as the services and products promised were not fufilled.