Mr. And Mrs. Gary Colombo are two con artists from New York who relocated to Las Vegas in order to perpetuate their dishonesty and acquire new victims.
In 1991, they founded Diamond Age Productions, which they stated was a high tech virtual reality film production studio. They led people to believe they had the copyrights to several marketable products and that the company would be a success.
The company is an LLC and so they had several persons, including several older retired ladies, invest their life savings in this company. Gary led them to believe they would make a fortune!
I was hired as a part time financial consultant in January. When I finally reviewed the company accounting books and records, I found that Mr. And Mrs. Colombo had founded the company to bilk people out of their earnings! In six months alone, in addition to their salaries they drained the company of over $80,000 that investors had paid to them for company development. They paid all their personal expenses, including their mortgage, car payments, entertainment and travel expenses out of the company checkbook, as if it was their own piggy bank! The icing on the cake is the payments to their hired gardener and maid service! They even paid over $5,000 of this money to their church, International Church of Las Vegas, stating they are such great Christians.
Have they filed taxes, no! And their personal tax return does not claim any of these "perks" as income. They also have their four kids working as entertainers, doing voice overs for Studio Center, in order to support their lifestyle.in the meanstwhile, they have left their employees, contractors and investors holding the bag financially. The owe me over $26,000 for services rendered.
When I got a good look at their records I confronted them. I have in my possession three NSF checks for over $15,000.. I now have a court judgment against the company for over $26,000 in the Eighth District Court of Nevada.
Please see case 02-A-446427-C athttp://courtgate. Coca.Co. Clark. Nv.Us for verification. They owe over $250,000 to others associated to their company.
And they continue to perpetuate their crimes by creating new companies.in June after it became apparent that DAP was broke, they founded two more companies, C & P Holdings and Entertainment Financial Group. They have attempted to fund these companies by attempting to borrow money as a base, secure loans against the money they are borrowing for collateral and then return the original principle. This is a pyramid scheme and is illegal. He is also now working as the director of the Actors Repertory, in an old style musical influenced by the 9/11 attacks.
They are a rip-off!
Linda
Phoenix, Arizona
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