- Report: #575302
Complaint Review: Kirk Sanford Fraud - Las Vegas Nevada
Reported By:
Don -
Las Vegas, Nevada, United States of America
Submitted:
Updated:
-
Author Not Confirmed
Why?
Kirk Sanford Fraud
6871 S. Eastern Ave, Suite C Las Vegas, 89119 Nevada, United States of America
Phone:
877-291-5095
Web:
www.sightlinepayments.com
Categories:
Business Rating:
(0)
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Kirk Sanford Fraud Omer Sattar, Sightline Payments, LLC Kirk Sanford and Omer Sattar Defraud Investors and Corporations Las Vegas, Nevada
Since the late 1990s, Kirk Sanford has defrauded clients and investors out of hundreds of millions of dollars.
An Arizona Department of Gaming Investigation uncovered that Kirk Sanford from 1999 to 2002, while Chief Executive Officer of casino cash access and ATM company Global Cash Access Holdings GCA, had obtained State licensing through fraud, had conspired with USA Payment Systems to defraud banks out of $6.1 million and defrauded VISA and Bank of America out of an additional $26 million.
Arizona Investigation Link: http://www.docstoc.com/docs/8218110/Global-Cash-Access-Notice-of-Intent-to-Deny-Gaming-Services-License
In October 2007, Sanford resigned from GCA immediately before an announcement of an investigation into the company. In late 2007 and 2008 GCA stockholders named Sanford as a major defendant in five lawsuits alleging Securities Fraud, Breach of Fiduciary Duty and Violations of the Securities and Exchange Act.
Newspaper Article Link: http://www.lvrj.com/business/17575549.html
In 2007, Sanford, after his resignation from GCA, became Co-Chief Executive Officer of Xyience Incorporated. Within a few months, Xyience was in bankruptcy. The Trustee in the Xyience Bankruptcy Case alleges in a complaint before the U.S. Bankruptcy Court that Sanford with Xyience Co-Chief Executive Officer Adam Frank and Xyience President Omer Sattar engaged in a conspiracy to defraud Xyience investors out of the $200 million company. Part of their plan entailed putting the company into bankruptcy to wipe out the shareholders' and creditors' investments.
Newspaper Article Link: http://www.lasvegassun.com/news/2009/dec/31/trustee-files-complaint-xyience-energy-drink-bankr/
U.S. Bankruptcy Court Trustee Complaint: http://www.docstoc.com/docs/20757963/Xyience-Liquidation-Trustee-Complaint
Sanford and Sattar have formed a new company, Sightline Payments, LLC, a casino cash access and ATM company similar to GCA and are looking for new clients and investors to defraud.
Sightline Link: http://www.sightlinepayments.com/
4 Updates & Rebuttals
xyiencesucksdotcom
Abington,Massachusetts,
United States of America
KIRK "SCORCHED EARTH" SANFORD IS A SCUMBAG
#2Consumer Comment
Mon, July 12, 2010
Kirk Sanford's court history includes being on the losing end of a Civil RICO case and some past troubled dealings with BA Merchant services. He and Karim Maskatiya and Omer Sattar have been engaged in "mis-coding" for a lot longer than the Arizona report reveals.
Go to www.xyiencesucks.com to get the full story on this scumbag, and just so you know what he looks like, here's a link to his picture:
http://upload.wikimedia.org/wikipedia/commons/thumb/d/d1/KirkBlogPic.jpg/125px-KirkBlogPic.jpg
Why did Kirk and all his GCA friends bankrupt Xyience with a "scorched earth" approach? Why did he burn so many shareholders and only assume control of the company for such a short time with Adam "fake" Frank? What did he owe Fertitta Enterprises and the Fertitta Brothers who are owners of Station Casinos? How did he get away with all of his previous scams when I've even spoke to a woman who went to the FBI with information on him? He has friends in high places, and he has access to unbelievable amounts of cash through his powerful friends like Karim Maskatiya. Look up his track record on the PACER service system sometime. Kirk is a liar and a fraud, and I know from my own investigation into this crook that he ruined lives at Xyience to line his own pockets and repay some "favor" to the Fertittas.
I saw an ad for Sightline and had to laugh, because it actually boasts that they are: "A Company Trying to be a Bunch of Zeros"
Already they have a head start, because Sanford has Zero integrity, zero morals, zero scruples, and zero accountability.
Report Attachments
Shea and Carlyon are Frauds
Las Vegas,Nevada,
United States of America
Kirk Sanford is a FRAUD and SCAM ARTIST
#3UPDATE EX-employee responds
Sun, April 18, 2010
Kirk Sanford is a Fraud and a Con Artist.
As a former employee of Kirk's I can tell you the reason he isn't getting any big customers is because the customers don't like him. Kirk is an alcoholic. Every one that knows him knows he drinks heavily almost every night. This really impacts his judgement.
He is an egomaniac who is very rude and confrontational. He actually is just a bully. Everyone knows he is not very bright. He is very dishonest and is always looking for an angle to screw people instead of building an ethical business.
Kirk belongs in prison and in time that is where he will likely end up. He has narrowly escaped prison so far. The rumor is that his time is coming soon. We will see how rude and confontational he is when he meets his match in the big house.
If you are thinking of doing business with Kirk or to work for him, this is your FRAUD ALERT! Stay a mile away from Kirk Sanford.
GlobalDown
Las Vegas,Nevada,
United States of America
Kirk Information
#4Consumer Comment
Sun, March 07, 2010
Call him at 0331-467595
GlobalDown
Las Vegas,Nevada,
United States of America
Smear Campaign
#5REBUTTAL Individual responds
Sun, February 28, 2010
This posting by "Don" is nothing more than an attempt by Global to slander and defame Kirk, Omer, and Sightline Payments to try to eliminate competition. Sightline is the first company that poses a serious threat and they have resorted to a "smear campaign" through posts on "Rip Off Report".
It's not "if" but "when" Sightline takes Global apart that has them so worried.
"Don" why dont you reveal your true identity so the attorney's can add to the complaint additional claims of slander and defamation.
