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  • Report:  #706508

Complaint Review: International Development Group Inc - Springfield Virginia

Reported By:
Thinker - McLean, Virginia, USA
Submitted:
Updated:

International Development Group Inc
8136 Keene Mill Rd Springfield VA Springfield, Virginia, United States of America
Phone:
Web:
Categories:
Tell us has your experience with this business or person been good? What's this?
In Jan 2001, an investment group came from Korea to invest what was then

some high return investments in world wide projects.

We were introduced to this company through a client he had and

an attorney who knew the client.

Pappas said he knew where they could invest for a high return with a company

called Global One Financial  Jason Schmeer of Aloha, Oregon

 ( State of Oregon v. Jason Schmeer, 2005)

 Schmeer flew into Washington andoffered to Pappas and his company that if they set up a new company and invest this 80,000USD the returns in the projects would be within 45 days. It might have been a high yield or some other scam program.  Pappas did not want to invest through his two companies and chose the name Aurora group or something to that effect.  The money was invested and then Mr Schmeer, sent a few thousand to make it seem legitimate. When Pappas was confronted

about returning the money to the investors, he said, he was not responsible, and did not know

Schmeer as well he proclaimed. Global One closed their offices and ran to California.

All the while calling to make it look like he was getting more business.

Look at  the investments as well as the countries the International Development Group and

Galaxy group have on this site  Ask your self how can this be?

and ask him the last deal he did for $ 19.000 never mind $30 MUSD

we were conned and want to warn you too

International Development Group, Inc

Title: Founder/Owner/ Dean Pappas Principal Location: Springfield, VA

Company Description: ANY (LEGAL) PURPOSE

FUNDING....and GREEN PROJECTS Grant Funding... Creative ANY PURPOSE

funding, internationally, is seed capital based funding. $1 Million

minimum seed capital needed. Accept seed capital as:cash, CDs, BGs,

MTNs, Gold Bullion,... stocks and Bond Certificates, and will "wrap"

non-liquid assets (such as real estate properties, precious metals and

stones, in-ground assets, oil reserve properties and Life Settlement

Portfolios). No funding maximum! Provide free initial consultation,

private finance, project planning services, funding advice, project

optimization and joint ventures.....GREEN PROJECTS funding is no

cost...equity share funding (~20%)

without debt service...! ($30 Million minimum project cost)

Funding Types:

Equity Funding (VC, Angel, PE)Loan/Lease FundingEquipment FinancingAlternative/Creative FinanceBusiness Acquisition/Franchise FundingOperational/Growth FundingUnsecured Loan

Industries Invested In: Are you kidding?

FinanceLegalTechnologyInvestingHealthcareAutomotiveAdvertisingConstructionConsultingEducationEngineeringGovernmentGraphic DesignHospitalityHuman ResourcesInsuranceManufacturingMarketing/PRMediaPrintingReal EstateFood ServiceRetailSportsTransportationInternetSoftwareHardwareTelecommunicationsNanotechnologyStaffing/RecruitingBio-TechnologyPharmaceuticalsEntertainmentRecreationArtsDesignBankingVenture CapitalAccountingNon ProfitApparelWholesaleArchitectureChemicalsEnergyTextilesAgricultureSelf Storage

Countries:

Aruba, Afghanistan, Anguilla, Albania, Andorra, United Arab Emirates,

Argentina, Armenia, Antigua and Barbuda, Australia, Austria, Azerbaijan,

Azores, Belgium, Bangladesh, Bulgaria, Bahamas, Bosnia and

Herzegovinia, Belarus, Belize, Bermuda, Bolivia, Brazil, Barbados,

Bhutan, Canada, Cape Colony, Switzerland, Channel Islands, Chile, China,

Cameroon, Colombia, Cape Verde, Costa Rica, Czechoslovakia, Cuba,

Cayman Islands, Cyprus, Czech Republic, Germany, Dominica, Denmark,

Dominican Republic, Algeria, Ecuador, Egypt, England, Spain, Estonia,

Ethopia, Finland, Fiji, Falkland Islands, France, Gibraltar , Greece,

Grenada, Greenland, French Guiana , Guatemala, Hong Kong, Honduras,

Holland, Croatia, Haiti, Hungary, Indonesia, India, Ireland, Iran, Iraq,

Iceland, Israel, Italy, Jamaica, Jordan, Japan, Kazakhstan, Kenya,

Kyrgystan, Cambodia, Kuwait, Laos, Lebanon, Liechtenstein , Lithuania,

Luxembourg, Latvia, Moldava, Mexico, Macedonia, Mali, Malta,

Burma/Myanmar, Malaysia, Nicaragua, Northern Ireland, Netherlands,

Norway, Nepal, New Zealand, Pakistan, Panama, Peru, Philippines ,

Poland, South Korea, Portugal, Paraguay, Romania, Russia, Saudi Arabia,

Scotland, Serbia, Singapore, Sicily, El Salvador, Slovakia, Slovenia,

Sweden, Thailand, East Timor, Turkey, Taiwan, United Kingdom, Ukraine,

Uruguay, United States, Venezuela, Wales, Yugoslavia, South Africa

States: AK, AL, AR, AR, AZ, CA, CO,

CT, CT, DC, DE, FL, GA, GA, GU, HI, IA, ID, IL, IN, KS, KY, LA, MA, MD,

ME, MH, MH, MI, MN, MN, MO, MS, MT, NC, ND, NE, NH, NJ, NM, NV, NY, OH,

OK, OR, OR, PA, PR, RI, SC, SD, TN, TN, TX, UT, VA, VI, VT, WA, WA, WI,

WV, WY

Investor Type: Angel

Source of information 3/2011

http://www.gobignetwork.com/users/idgi

Linkedin

DEAN

PAPPAS

TitleInternational Development Group, IncDemographic info

Washington D.C. Metro Area

Current:

President/CEO at Galaxy Group International,

LLC ., President/CEO at International Development Group, Inc

Past:

Chief, Professional Development Division /

Project Manager at US Army Corps of Engineers, BERH, Consultant at World

Bank

Education:

University of California, Berkeley, University

of California, Berkeley, Case Western Reserve University

Summary:

Planning, design and project development and optimization.

Project evaluation and funding.

International finance... currencies...private placement..



2 Updates & Rebuttals

Thinker

McLean,
Virginia,
Once again

#2Author of original report

Mon, December 30, 2013

The rebutal is a false statement 

International and Galaxy group were privy to commissions with regards to Jason Schmeer

They had a bank account set up with the party h*o was ripped off so as to collect commssions 

Dean Pappas is a lying thief 

 

 


idgi

SPRINGFIELD,
Virginia,
United States of America
Rebuttal & Rejection of False Accusation

#3REBUTTAL Owner of company

Wed, April 06, 2011

This complaint has a malicious mix of vague and unsubstantiated charges  and contrivances by a phantom accuser intended to damage the integrity and proper business image of International Development Group, Inc. We are surprised that Ripoff Report allows and prints such defaming and injurious charges without checking such with the accused party to provide some level of verification. We think that such practice is irresponsible and has high potential of inflicting grave and malicious damage to the targeted party, as in the instant case ! and does a disservice to its readers by promulgating false information. Furthermore, Ripoff Report violates the judicial requirement of the right of the accused to face and confront their accuser thus anyone for any reason whatever can throw a bomb at someone to cause injury to that party, without carrying any responsibility. That is slander, smear and defamation.
 
There was, indeed, a Mr. Schmeer, who in fact committed fraud and dealt in what was revealed, in time, to be a scam. This occurred in 2001, about ten years ago. International Development Group, Inc. was introduced to Mr. Scmeer as a legitimate business entity and intermediated its services to the complaining party. Such party, was provided all the information available regarding any prospective financial transactions with Mr. Scmeer, and it (the complaining party) made its own decision to enter into their chosen transaction with Mr. Scmeer. Any financial transactions were conducted strictly between the complaining party and Mr. Scmeer.
 
International Development Group, Inc, and any associated person or entity thereto, received no financial benefit from that event. NONE !
 
The complaining party has its issue with Mr Scmeer.not International Development Group, Inc.!  The complaining partys complaint is analogous to blaming a referring service for the  poor workmanship of a referred  roof repair company.
 
Mr. Scmeer is, apparently, unavailable. And the complaining party finds International Development Group, Inc..very available to smear.  While the complaining partys anger and any felt need for retribution is understandable, it is however misdirected toward the wrong, but available, entity.
 
Furthermore, the complaining partys opinions, innuendos and conjectures about the nature of International Development Group, Inc.s business are ignorance based. Knowledge acquisition in the realm of private finance is a lengthy and demanding process and not in the possession of casual and incidental visitors to the arena. Review of the few listed credentials of the companys principal underscores his professional background and experience.
 
International Development Group, Inc., nevertheless, realized from that experience, to be most cautious and improve its due diligence, on one hand, and to be more selective about client parties sophistication, business accreditation and financial savvy, on the other.
 
During the ensuing ten years, since that event, International Development Group, Inc. has improved its due diligence process, in its choice of associates and collaborative entities, and its client capabilities evaluation criteria.
 
The company maintains a large number of supporting business associates and clients, and provides professional services in the project and business development and funding arena. It has provided project and business consultations, evaluations, reformulations, optimizations, funding facilitations and/or entered into partnerships domestically and internationally. The aggregate project, or business, value it has processed is in excess of USD$5 Billion. In addition to its domestic activities, International Development Group, Inc., has conducted business Globally, including: Canada, Bahamas, Dominican Republic, Mexico, Cost Rica, Peru, Brazil, Morocco, Portugal, France, Germany, Greece, Turkey, Kuwait, Qatar, Kyrgyzstan, South Korea, China and Thailand.

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