- Report: #1287143
Complaint Review: Kevin Murphy Ryder - Arvada Colorado
Reported By:
Former Employee -
Broomfield, Colorado, USA
Submitted:
Updated:
-
Author Not Confirmed
Why?
Kevin Murphy Ryder
6363 Umber Cir Arvada, Colorado, USA
Phone:
720-206-7759
Web:
www.guaranteedsolarllc.com
Categories:
Business Rating:
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Kevin Murphy Ryder Kevin Murphy, Kevin Ott Refinance Solar Scam Arvada Colorado
Kevin Murphy Ryder aka Kevin Ott (new name as of 2/1/2016) is running a scam using Solar as his entry to customers. He establishes a new solar company (his first was InnerSol Global, his second was Guaranteed Solar and his newest is Rize Power or Rize Solar) he then begins a marketing campaign to get residential solar installations. Once he hooks a customer, he will begin the scam. He will explain to the customer he has a matrix of finance options that include refinancing all of the customers debt and getting the solar installed. He will demonstrate incredible returns on the investment along with taking the customers mortgage payoff from 20 years to 11 or better. The customer is so dazzled by
the idea of getting their mortgage and other debts (car loans, credit cards, student loans etc) paid of so much quicker that they sign up for his "Gold Package" which requires the customer to pre-pay the full amount of the solar installation. He will then get the customer qualified for a refi or personal line of credit with a local bank (he has used Key Bank and Starkey Mortgage) and have the customer release the full funds to the new solar company. The customer has no idea that they will never see the installation of any solar panels. Kevin will have a solar design completed for the customer to sign off on and then he will have his customer service people give the customer updates on installation of the system. The money the
customer has just given Kevin is used to fund more marketing and customer acquistions, not for the solar system. Kevin spends this money on his salary and his marketing people to keep the deals coming in. After about 6 to 8 months of this routine, Kevin will then form a new solar company, blame the lack of money problems on employees and partners who "stole" money which is what the customer hears and or he will just ignore the customer altogether. Kevin does not put his name on bank accounts and gets one of his employees to. This way he is "clean" from any wrong doing. Kevin pulls in family members (his mother Gloria Ryder - lives in Colorado Springs) and gives them small percentages of ownership for
capital to start up the new solar companies. Kevin has a girlfriend - Dianne Durbin aka Dianne Brady who is working this scam with him and has been implicated in several other scams Kevin did in Tulsa Oklahoma (use Google and type in Kevin Ryder Murphy Tulsa Oklahoma and several rippoff reports will come up along with a website with the State of Oklahoma that has at least 12 lawsuits Kevin and Dianne were involved in and several judgements against Kevin in excess of $400,000). Kevin and Dianne left Tulsa because of the lawsuits and judgements and came to Colorado where he began the same mortgage scams again.
