Usacomplaints.com » Education & Science » Complaint / Review: Return On Capital - ROCC - E. Michael Daspin - Robert Carr - Maria Ellis - Ronald Stella - Return On Capital Corp - ROCC - E. Michael Daspin - Robert Carr - Maria Ellis - Ronald Stella ripoff Promised corporate funding then stole all of our money. #151624

Complaint / Review
Return On Capital - ROCC - E. Michael Daspin - Robert Carr - Maria Ellis - Ronald Stella
Return On Capital Corp - ROCC - E. Michael Daspin - Robert Carr - Maria Ellis - Ronald Stella ripoff Promised corporate funding then stole all of our money

My company was a startup when Daspin and company promised to fund it. As part of the "partnership" we were to fund a portion of the company with a $60,000 infusion. We performed our requirement. One month later, we were supposed to start drawing salaries from the newly formed "partnership". When salaries were not forthcoming, our executive team demanded that Daspin and ROCC make good on the contract. Daspin responded by suing us personally and claimed that WE did not live up to our portion of the partnership. After spending thousands of dollars in legal fees (this is the Daspin MO... Get the opponent to spend lots of money while you plan your escape), Daspin dropped the matter at the 11th hour as he was clearly going to lose the case. Through this, Daspin and his partners (Ron Stella, Maria Ellis and Robert Bob' Carr) lied in court submissions (I have proof of such lies). Despite the fact that Daspin tried to drop the matter with the courts, the judge saw through it and ordered that ROCC and its partners pay our legal fees which we would then use to go after Daspin personally. All the sudden, Daspin and his partnership have no money even though they were telling us through the negotiation how much cash they had and how sure our success was by working with them due to those resources.

Do not work with this guy. I can point you to any number of people who lost thousands (in our case more than 100K) to millions of dollars. He works by setting up corporate veils and hiding inside of them with the partners who work with him exposed so that he can take corporate funds in whatever way they are realized and pocket them leaving the actual owners with nothing. I spoke to one person who lost $2.5 MILLION at the hands of this guy. Stay away. Far, far away. The ways that Daspin has hurt people are too numerous to mention. While I was never too impressed with Daspin, I thought that the other partners were above board. Bob Carr is one such person. Should anyone ever need any help in a case like this, I welcome your contacting me and I will see what I can do. This guy must be stopped. Unfortunately, few seem to care all that much about stopping him (including the federal authorities).



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