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  • Report:  #360721

Complaint Review: Rival Industries Joe Oltman - Parker & Denver,Colorado-- Coeur D'lene--Idaho Colorado

Reported By:
- Palmdale, California,
Submitted:
Updated:

Rival Industries Joe Oltman
Parker & Denver,Colorado-- Coeur D'lene--Idaho, Colorado, U.S.A.
Phone:
303-6675105
Web:
N/A
Categories:
Tell us has your experience with this business or person been good? What's this?
Joe Otlman of Rival Industries brings false projects to companies looking for funding. He tries to get you to give him a contract for funding these project. Then he goes to numerous banks and tries to cash in on the contract as if the project had already funded. He tries to use the contracts as proof of income. He tried this with my company and when we caught him at it he threatened lawsuits, and even physical harm to my partners and our families.

He posted many libel statements about us on this site, and you can read my response to his postings below. I can prove that his accusations are false. It has been a year since he claimed to be "having the FBI look into us" and "having his attorney's put us in jail" and we have heard nothing from and FBI agency or ANY attorney.

I just found out about this site or I would have responded a long time ago. I guess anyone can say anything they want here without any proof or any kind of repercussions.

DO NOT do business with Joe Oltman of Rival Industries. I have had to file paperwork with the Los Angeles County Sheriffs department because of his physical threats of violence.

This is my response to Joe Oltman's false accusations against my company and my name.

For the record: Antelope Valley Financial Service, inc. and Phoenix Capital Investment Group, LLC never have, and never will take up front money for any projects that we are working on acquiring financing for. I would challenge Joe Oltman to come up with proof that we did. Joe has stated that we even chose our name to try and sound like another company out of Arizona. How funny. We chose the name because Bob Russell was diagnosed with terminal pancreatic cancer 5 years ago, and came back from the brink. Just like the bird of legend, the Phoenix. We told Joe Oltman that we would look for funding for his project, that was all. We never even had an exclusive with Joe Oltman. He could have looked anywhere for the funding.

We spent countless hours putting his project together without receiving or asking for any money. That is what we do. When the project gets funded, not until then, we get paid. It has almost been a year since he accused us of Economic Espionage, Fraud, and Civil Theft. Yet no lawyers or government officials have knocked on our door or even called us to present charges. He states that he has proof that we have defrauded him. Let him present his in court, not here where he sounds like a adolescent child. He should take his proof to an attorney first though, and have them look at the whole contract. He obviously doesn't know how to read a contract. Maybe he has and that is why we haven't heard anything else about this, because there is nothing there. We originally gave him a contract because he needed something to show to his principles so he wouldn't loose his project, or so he said.

We later found out that he was the one committing fraud. He used our contract, minus the addendum which clearly states if we retain an investor for his project he will be funded, to try and acquire loans from banks. We received numerous calls from banks about this funded project. This is why he is so upset, we could not ethically tell the bank that yes, he was funded so he received no monies from the banks.

Once again, we stated in the contract that we would fund his project, if and when we found an investor that was willing to take the enormous risk his project represented. He tends to leave out that portion of the contract when it suits him.

Also, Joe Oltman is a very dangerous individual. We have heard that he is bipolar and sometimes forgets to take his medicine. When our investor, Kelly Jones, started to check out the project he decided not to fund it and put his money elsewhere Joe Oltman called our office and my cell phone 7 times. I have transferred these calls to a cassette. He threatened not only Bob Russell and I, but also our families. At one point he told us that he hopes we love our families, and to kiss them goodbye because he is going to come out to California for a visit. I have this on recording and have filed a report with the Los Angeles County Sheriffs Department.

I am sorry that Joe Oltman doesn't understand how to read a contract and could offer up any help he would require in understanding the intricacies of one. However, accusing us of these violations or crimes on this site is unwarranted.

Robert D

one other note: Joe Oltman is obviously not as astute as he thinks he is, and he is obviously operating from feeling like an adolescent that has been jilted. I feel sorry for him, but I have never been in trouble with the law as he has again, wrongly stated. He is probably using one of those search engines and my name comes up. I challenge him to bring proof to COURT on these matters. My attorney's are well prepared to take this matter up. If I had known about this site I would have responded a year ago through my attorney's. Now the point seems a little mute, but I wanted a response to these false accusations posted on this site.

Robert d

Palmdale, California

U.S.A.


3 Updates & Rebuttals

Current project partner

Sacramento ,
California,
Current Project Partner

#2UPDATE Employee

Fri, January 17, 2014

From time to time I check out google to see what I can find on people I do business with.  I checked out Joe about 4 years ago when we started on a project.  I knew that he was wicked smart because it is easy to see.  But I read this and immediately brought it to his attention. That was 4 years ago.  I still work for Joe today.  Why?  Because I am ethical, honest and hardworking.  All charateristics that Joe shares and values in others. 

Admittedly, I have seen Joe tee off on those who screw clients or friends.  I have no idea where his passion comes from, but he definately has a short fuse for unethcial behavior.  I have never seen him lose his cool or threaten anyone.  In saying that, I HAVE seen him pursue what is right, to protect others and quickly exit a relationship if unethical behavior is a problem. In one instance that I was involved in, walking away from a almost guarenteed large financial benefit.  It actually cost me money, but in the end, his instincts were spot on. 

Joe speaks openly about losing money and making bad business decisions.  In almost every critical decision we have made as a group, Joe referrs back to those decisions in warning us not to make hasty or ego driven directional changes.  Almost every time, he has been right, and we as a group learn from it.  

I work on a project that he overseas about 25 other people, give or take.  This project is significant and involves several large businesses.  We have had this project for over 4 years, and I have never heard the executive team talk disparagingly about Joe.  Which is amazing to me because they seem to have something to say about everyone. Joe seems to calm the waters when necessary, hold accountablity where necessary and make us want to perform well because of the respect he has for all of us.

We had a new employee that brought this to my attention again today who just started working for us.  I smiled and told him to ask the other 25 people who have been working for him for the last 4 years how they feel about him.  He came back and suggested that Joe have this removed and I told him that I made that suggestion and Joe told me no.  It is a part of his life, and forces those that matter to look at his character not read it online.  

So I felt that I should write this.  And I will not put my name because Joe would not want me to.  I am pretty sure that Joe would not want anyone to. Another point worth mentioning. Joe since this failure, has been one of the most giving and consistent people I have ever met. His story is amazing! I have seen him see and accomplish things that are to most seen as impossible.  I pray that continues. 


Robert Driscoll

Leona Valley,
California,
U.S.A.
Once again the lies

#3REBUTTAL Owner of company

Thu, April 30, 2009

Once again Joe lies. He had a year to file a lawsuit and didn't. Why not? Simply put--because he had nothing. The contract CLEARLY states "if and when". We even added the addendum to the contract to make it perfectly clear to him. He he signed it. He is a poor business man if he hired people and spent the money on an uncompleted contract. This shows you what kind of business man he is. Now, as to all those people loosing their jobs, I know this is a lie. I still deal with Ricardo and he knows Joe. Enough said on that. Everyone knows that he is exagerating the circumstances of this deal to make us look like the bad ones here, because he can not read a contract. I was also suprised by this rebuttle because Joe is the one to make all the false aqusations on his first ripoff report. I just answered it to clear the air. We have moved on also, and really hope to never run into another person like Joe again. Life is too short to deal with unprofessional jerks like him. Bye Bye Joey Everyone should really avoid this guy at all costs and not do any business with him. He is VERY unstable.


Legally Responsible

Parker,
Colorado,
U.S.A.
Robert Driscoll, this is not even remotely the truth...

#4UPDATE Employee

Tue, September 30, 2008

I was surprised to read this post. I have intimate knowledge on what was discussed and was present at nearly all the executive meetings with everyone else at Rival Industries. Robert Driscoll is the guys name who wrote this report. There is a man named Don White out of Idaho, who was also defrauded by this group. Robert Driscoll, Robert Russell, Ricardo Delgado, Cal Jacobson (based out of Montana) are in fact frauds in the financial world. The rhetoric of Joe actually threatening them is probably true, as nearly 50 people lost their jobs and a company was destroyed by the actions of these individuals. Phoenix Capital Investment Group, out of Palmdale/ Santa Monica California is in fact a fraudulent company and these individuals are also in fact fraudulent. Due dillegence was completed by this group including having access to all financial records and the four locations which were up and runnign at the time they signed the contract. They signed a contract, sent emails, and concluded to defend their ability to fund the project by stating the money was being held by homeland security, was locked up in gold deposits in a warehouse in Utah, and subsequently put the company (Rival) in a tail spin. To Ricardo's Defense, he also suffered a huge blow due to the actions of this group. I will gladly have all of the taped conversations, documents, and subsequent research released to anyone that is interested in seeing it. There will be a lawsuit against these individuals, eventually, but those who gave their lives to this project are faced with a grave decision of rebuilding their lives first. The FBI was contacted, but they declined stating it was a civil case. At this point, several people lost hundreds of thousands of dollars and Joe lost millions. We never went to a bank or looked for additional financing. That is as untrue as the rest of his document. We have all moved on from the venture, licked our wounds and settled in on something in the future. There were alot of good people affected by these people... Now the really interesting response to what was written... "Joe is bi-polar"... The thought is almost as absurd as the statement. Anyone who risks as much as he did, and loses as much as he did, due to fraud would be just as angry, especially in light of the circumstances. I thought he would fold and just check out, but he did the opposite and over the last year I have seen him actually grow to understand, accept, and create a strategy to hold those people accountable. So Robert, I have a deal for you... Send me your information, and I will make sure you get served with a lawsuit. I will equally give anyone on this site my email address: [email protected]. If you are thinking of doing business with Phoenix Capital Investment Group or Anteope Valley Financial Services, please send me a request and I will make the information available to you. If you have been affected by the fraud of these individuals, please send me a detailed description and I will take the steps to combine our efforts. Thank you for the opportunity. Makerman

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