To: Jodi Jerich, Agency Director
Those of us who seek justice cannot rest until it comes!
It is time to bring justice and fairness to a failed, corrupt, antiquated, and dysfunctional consumer complaint system within state government and to an agency (the AZ Corporation Commission) that seems to hide behind the cloak of "confidentiality" and fails to understand that secrecy and lack of transparency sow discontentment and disgust!
Why is this important?
More than five years ago, I filed a complaint with the Office of Attorney General against a person, at that time the owner of a mortgage company in Scottsdale, who scammed me and others for more than $200,000. The defendant's own former partner, who described Bill's business practices as a 'ponzi scam,' was scammed for $25,000. Bill ------'s marketing schemes have been described by an attorney as “the unlawful marketing and sale of an unregistered security.”
The complaint was transferred to the Securities Division, Arizona Corporation Commission. In October 2015, I was advised that no action would be taken by the ACC, no reason for such a decision would be given to us, and a copy of the investigator's report would not be provided to us.
The AZ Corporation Commission and Attorney General's Office find it quite OK for a man who wreaked havoc on the lives of others to go unpunished or to pay restitution and to be employed today as a mortgage loan officer.
I want the Arizona Corporation Commission Director and the Commissioners to exercise their legal authority to provide me with a copy of the investigator's report. We have lost more than $200,000 to a scam artist, and the ACC refuses to tell us why they will take no action against the scam artist.
The complaint was transferred to the Securities Division, Arizona Corporation Commission. In October 2015, I was advised that no action would be taken by the ACC, no reason for such a decision would be given to us, and a copy of the investigator's report would not be provided to us.
The AZ Corporation Commission and Attorney General's Office find it quite OK for a man who wreaked havoc on the lives of others to go unpunished or to pay restitution and to be employed today as a mortgage loan officer.
I want the Arizona Corporation Commission Director and the Commissioners to exercise their legal authority to provide me with a copy of the investigator's report. We have lost more than $200,000 to a scam artist, and the ACC refuses to tell us why they will take no action against the scam artist.