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  1. #1
    Join Date
    May 2006
    Posts
    12

    Michael Fromkin, Allied Capital Fund & CVIBS

    SCAM WARNING:
    MICHAEL DAVID FROMKIN
    ALLIED CAPITAL FUND www.alliedcapitalfund.com
    CVIBS www.cvibs.com


    Michael Fromkin runs an advanced investment scam operation based on ripping of European and Asian Entrepreneurs on their savings with implying that they will receive "investment capital" from one of his fake fronts.

    The present operation is based on ads in the International Herald Tribune where his fake front company ALLIED CAPITAL FUND www.alliedcapitalfundusa.com (prev. known as Allied Capital Partners) promises Unlimited funding with NO front fees.
    After your initial e-mail contact (there's no phone no, and no one to visit in the "PO box-office") a senior Analysist will mail you with the "GOOD NEWS" (usually Mr "Jim Johnson" aka. Michael Fromkin, him self)
    Everything seems to be just fine, the "money is right here" but...
    ...there's one catch: You need to get your IP (investment proposal) in "the right format" and the only way to do that is to contact one of his good friends. You get two email addresses whereof one never replies, and the other one is CVIBS www.cvibs.com (Capital Venture Investment Banking Services L.L.C.)

    Now Mr Michael Fromkin himself (or his son Zachary (Zak) Fromkin) will contact you, and they will be more then happy to help you with the IP.
    But, it's the same old story, they rip you of with upfront fees and fake invoices for work they haven’t done. And guess what: No money.

    The funny thing is that Allied Capital Fund has it's "office" in a post box center just a few blocks from Fromkin home in San Clemente, and their web sites where owned and managed by Mr Fromkin himself. www.alliedcapitalpartners.com and www.alliedcapitalfund.com which is why he had to change to his latest one: www.alliedcapitalfundusa.com in order to cover up his tracks.
    His con-ads is still to be found in both paper issue of the International Herald Tribune and on the net: www.iht.com
    Even if he partly operates from California, all tracks lead back to Scottsdale/Phoenix, Arizona (sometimes via fake addresses and fronts in Nevada)

    If you Google this guy up you will also find some interesting reading provided by the State of Arizona (which is why he had to move to California).

    He has several fake fronts to show his prospect clients in order to show how successful his been in raising capital. Everything on cvibs.com are pure lies (and has stayed static for several years).

    So a sincere WARNING for MICHAEL DAVID FROMKIN and all his fake companies and front set up to support his investment scams.

    Do you have more info on this guy, post it here!
    This Scammer is going down big time!

  2. #2
    Join Date
    May 2006
    Posts
    12

    Re: Michael Fromkin, Allied Capital Fund & CVIBS

    *** ER MEDIC ***
    A fake front (website) used by Michael Fromkin, in order to show his "clients" a successful funding project.
    The email ends up at his son Zak Fromkin i Scotsdale AZ. The website is hosted by the same AZ company that hosts the cvibs.com and alliedcapitalfund websites.

    website:
    https://www.ermedic.com

    The Company headquaters is located at:

    502 N. Division St. Carson City, NV

    Well isn't that someting! Also knows as the historical "Mark Twains House" of 1862!
    Link: http://www.cr.nps.gov/nr/travel/nevada/ori.htm

    Take a peek on the photo!
    Is that Mike Fromkin hiding behind the curtain...?

    ----
    From the Archives:
    More information and "old sins" of con-artist Michael Fromkin:

    ---
    From State of Arizona Corporation Comission:

    http://www.ccsd.cc.state.az.us/enfor...2/may01-02.pdf
    http://www.ccsd.cc.state.az.us/enfor...2/feb20-02.pdf


    ---
    State of Arzona, ACC News Release:

    http://www.cc.state.az.us/news/pr04-30-02.htm

    Michael David Fromkin

    In a third action, the Arizona Corporation Commission ordered Michael David Fromkin, 53, to pay investors $225,000 in restitution as well as a $45,000 administrative penalty. Fromkin, formerly of Scottsdale and now living in California, was a self-proclaimed venture capitalist who offered unregistered stock issued by companies he formed or was associated with from 1995 to 1998.

    Between 1994 and 1999, Fromkin was involved in the incorporation of no less than 31 Arizona corporations and limited liability companies. When a company purportedly failed to produce profits, Fromkin offered to exchange the stock for unregistered stock in a new company, controlled by Fromkin. In the sale of stock through his companies, Fromkin raised approximately $225,000 from at least 9 investors.

    By continually forming new corporations and transferring investor shares to the new entity, Fromkin perpetrated the false image that he was a successful venture capitalist. In fact, Fromkin failed to provide a prospectus or other material information about the investments, failed to disclose how investors' funds were actually being used and failed to disclose that investors received shares of worthless stock in another Fromkin company. Fromkin also did not disclose a personal bankruptcy filing and his prior failed Arizona business ventures.
    ---

    http://p067.ezboard.com/fdiligizerfrm15

    Michael FROMKIN -- Capital Venture Partners - www.ezboard.comSubject : Michael FROMKIN - - Capital Venture Partners Posted By : Diligizer - Unregistered User Posted At : ( 5 / 16 / 02 3 : 17 am ) ...
    p067.ezboard.com/fdiligizerfrm15
    DILIGIZER ARCHIVE 12Michael FROMKIN - - Capital Venture Partners - Diligizer - ( 0 ) - 5 / 16 / 02 3 : 17 am. DD pls : Selective Royal Corp . Peddling bogus locs - monchou ...
    p067.ezboard.com/fdiligizerfrm15?page=8

    ---

    http://akeps.com/events/flight.htm

    Wings of Flight - Air Exhibits International

    Started production in mid 1999, by rip off artists Michael Fromkin and Mark Graham. These slime-balls have managed to hang out EPS for about $280,000.00. Watch out if they come to your town...

    ---

    To be cont.

  3. #3
    Join Date
    May 2006
    Posts
    12

    Re: Michael Fromkin, Allied Capital Fund & CVIBS

    CORRECTION!!!
    The correct domain used by Michael Fromkin in his www.iht.com (International Herald Tribune) is:

    www.alliedcapfundusa.com

    (NOT alliedCAPITALfund...)

    --------

    Interesting facts and details about the Websites of Michael Fromkin:

    *** www.ermedic.com ***

    Domain Name: ERMEDIC.COM
    Registrar: WILD WEST DOMAINS, INC. ---new "owner" from 22oct2005
    Whois Server: whois.wildwestdomains.com
    Referral URL: http://www.wildwestdomains.com
    Name Server: NS1.ERMEDIC.COM
    Name Server: NS2.ERMEDIC.COM
    Status: REGISTRAR-LOCK
    Updated Date: 22-oct-2005
    Creation Date: 09-dec-2002
    Expiration Date: 09-dec-2006

    In most cases, the Registrar is not the owner of domain names listed in this database. ---- no kidding!
    Registrant:
    Allied Capital Partners, LLC -----look at the registrant

    Registered through: intelseek.biz
    Domain Name: ERMEDIC.COM
    Domain servers in listed order:
    NS1.ERMEDIC.COM
    NS2.ERMEDIC.COM

    now, lets have a look at:
    *** www.cvibs.com ***


    Domain Name: CVIBS.COM
    Registrar: WILD WEST DOMAINS, INC.
    Whois Server: whois.wildwestdomains.com
    Referral URL: http://www.wildwestdomains.com
    Name Server: NS1.SECURESERVER.NET
    Name Server: NS2.SECURESERVER.NET
    Status: REGISTRAR-LOCK
    Updated Date: 30-aug-2005
    Creation Date: 14-aug-2002
    Expiration Date: 14-aug-2008
    Please note: the owner of the domain name is specified in the "registrant" field.

    In most cases, the Registrar is not the owner of domain names listed in this database. ----yes, we know..
    Registrant:
    Allied Capital Partners, LLC ¨----aha, same owner again!

    Registered through: intelseek.biz
    Domain Name: CVIBS.COM
    Domain servers in listed order:
    NS1.SECURESERVER.NET
    NS2.SECURESERVER.NET

    and finally:
    *** www.alliedcapfundusa.com ***

    Domain Name: ALLIEDCAPFUNDUSA.COM
    Registrar: WILD WEST DOMAINS, INC. --- we have seen them before...
    Whois Server: whois.wildwestdomains.com
    Referral URL: http://www.wildwestdomains.com
    Name Server: NS1.SECURESERVER.NET
    Name Server: NS2.SECURESERVER.NET
    Status: REGISTRAR-LOCK
    Updated Date: 27-aug-2005
    Creation Date: 27-aug-2005
    Expiration Date: 27-aug-2006
    Please note: the owner of the domain name is specified in the "registrant" field.

    In most cases, the Registrar is not the owner of domain names listed in this database.
    Registrant:
    ER+Medic, LLC ----- Look at this! ER Medic LLC owns this site!!!

    Registered through: intelseek.biz
    Domain Name: ALLIEDCAPFUNDUSA.COM
    Domain servers in listed order:
    NS1.SECURESERVER.NET
    NS2.SECURESERVER.NET

    Doesn't take genious to get the picture?!

  4. #4
    Join Date
    May 2006
    Location
    USA
    Posts
    4

    Re: Michael Fromkin, Allied Capital Fund & CVIBS

    post box center doesn't sound good for office address. I would stay away form this company.

  5. #5
    Join Date
    Jun 2006
    Posts
    1

    Re: Michael Fromkin, Allied Capital Fund & CVIBS

    I support what PUNISHER has writen.
    We had a very similar experience with these guys. CVIBS, ALLIEDCAPFUNDUSA and the rest are all a profitable scam. Nothing ese can describe it.
    How can they be free to scam people out?
    Can they be sent to prison, after they have scammed people out of their money and out of their dreams?

  6. #6
    Join Date
    May 2006
    Posts
    12

    Re: Michael Fromkin, Allied Capital Fund & CVIBS

    Why don't we join up and set these clowns up big time?
    They must be stopped!
    "SCAMMED?" how did you come in contact with them, and who did you talk to?(what "alias" did they use). Was it still the IHT ads via fake "mr Jim" at AlliedCapFund and then on to Michael and Zak fromkin at CVIBS?

  7. #7
    Join Date
    May 2006
    Posts
    12

    Re: Michael Fromkin, Allied Capital Fund & CVIBS

    People with more info about investment scam artist Michael David Fromkin, step forward. It is important that he is stopped. We are now looking into how he can be stopped. We need more detailed info about his wherabouts and latest scams, and his "companies" CVIBS and AlliedCapFundUSA.
    - - -
    The following text is published in order for the search engines to find the criminal 5-star investment scammer Michael David Fromkin, his cooperating son Zachary Zak Fromkin and their fake scam frontage companies and alias: CVIBS, Allied Capital fund USA, Alliedcapfundusa, and their fake alias "Jim Johnson" and "Joe at Accounting".
    Locations: Arizona, Phoenix, Scottsdale, California, San Clemente.

  8. #8
    Join Date
    Dec 2006
    Posts
    8

    Re: Michael Fromkin, Allied Capital Fund & CVIBS

    My name is Roger Cornwell. I lost everything in Arizona because of Michael Fromkin. I would like to compile a nationwide list of people who have been taken advantage of by this crook. I believe he operated in New York before here.

  9. #9

    Re: Michael Fromkin, Allied Capital Fund & CVIBS

    I don't know this guy Fromkin, but we're involved in a hotel project with Allied Capital Fund---was your deal real estate related?

  10. #10
    Join Date
    Dec 2006
    Posts
    1

    Re: Michael Fromkin, Allied Capital Fund & CVIBS

    You've spelled the last name wrong. It's F-O-M-K-I-N, not FROMKIN. This is the same joker who was running the model agency scam.

    Check it out here: www.ripoffreport.com/reports/ripoff166263.htm

  11. #11

    Reply from ER+MEDIC, LLC

    This erroneous and defamatory Internet posting about our Company has been brought to our attention. Our Company is ER+MEDIC, LLC. We are a limited liability company that was organized in the State of Nevada in 2002.

    We are the world leader in providing instantaneous online access to critical medical information in emergency scenarios, 24/7/365, with over 4,000,000 active accounts and distribution throughout the USA and 17 other countries.

    It's very unfortunate when companies such as ours are subjected to having to defend themselves and their reputations against Internet postings from unknown parties who make false and specious claims while protected by the anonymity of coded User Names, such as this one from "THE PUNISHER".

    For further information about our Company and our services please visit our website at: www.ermedic.com, or contact us at: [email protected]

  12. #12
    Join Date
    Dec 2006
    Posts
    8

    First of All

    We are talking about two different people. Fomkin is the Talent Agency Guy. Fromkin is the other crook.

    Second of all - If the deal is with Allied Capital Fund and one of the owners names is Fromkin then get out of the deal as quickly as possible !!!!!!!!

    Third of all - If one of the owners of ermedic is Michael Fromkin than it is a fraud. Period. Nothing Michael Fromkin does is real.

  13. #13
    Join Date
    May 2006
    Posts
    12

    Re: Michael Fromkin, Allied Capital Fund & CVIBS

    Wow! Michael fromkin is coming out of the closet trying to save his fake fronts!

    ER+MEDIC is just a fake front used in several investment scams! Website owned by Fromkin and his other fake companies (AlliedCapFund, CVIBS etc) as shown above from "WhoIs". Company registered at a fake address as shown above. The website is static, and no phone number except for the Scottsdale/Arizona fax, that ends up on a arms distance from Michael Fromkin / Zachary Fromkins residence in Phoenix?

    If your company ER+Medic is a serious operation, give us your name so we can check it, and/or even better so, your "real" address so we can come for a visit!?!
    Belive me, we will be there tomorrow, beacause several ex "investors" wants to speak with you Michael Fromkin!

    To everyone elses reading this. If you have fallen for Michael David Fromkin (or "michael Davis" or whatever this scumbag calles himself for the moment) fake ads in IHT via Allied Capital Fund, AlliedCapFundUSA and/or CVIBS , GET OUT OF IT!!!

    You will be ripped of like everyone else!!!

  14. #14
    Join Date
    Jan 2007
    Posts
    1

    Re: Michael Fromkin, Allied Capital Fund & CVIBS

    Greetings,
    Made the mistake of doing business with the subject of your rant many years ago.

    It is a 4 person OP. MDM + Spouse + Assistant Barbara Baker and Baker's spouse. MDM is of course the center piece, others follow from state to state following the lure of wealth.

    MDM's core philosophy. "A fool and his money, SHOULD be departed" and usually are.

    The way I see it his victims are more than willing to be victims. They have many other sources of investment choices. They do not choose established trustworthy markets. They choose the posibility of easy riches and no questions asked returns.

    Did Fromkin make them the victims or did they make that choice for themselves.

    I realized very early on of his methedologies. I didn't lose a dime, instead I used his scamster ego against him and actually proffited off Fromkin.

  15. #15
    Join Date
    Dec 2006
    Posts
    8

    Re: Michael Fromkin, Allied Capital Fund & CVIBS

    Sage,

    You are an ass. I am sorry that we are not all as wise as you are. I did my due diligence which at the time was difficult because he had not been operating in Phoenix for long. And for you to suggest that we asked for this is the stupidest thing I have ever heard. If you are not willing to post useful, non defaming items here then I suggest you find someplace else to post your garbage. I for one would like to see this man go to to federal prison.

  16. #16
    Join Date
    Dec 2006
    Posts
    8

    Re: Michael Fromkin, Allied Capital Fund & CVIBS

    Punisher,

    I am not saying that Fomkin is not Fromkin. All I know is that I lost everything because of Michale Fromkin.

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