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CB Investment, Insurance and Financial Review of Friends United Network
Friends United Network

Friends United Network review: Non Payment 7

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12:16 pm EST
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Richard Byrne of Friends United Network, FUN, is illegally selling unregistered shares of stock, promising dividends in the millions of dollars. He is also promising a broker's commission of 20% to be paid within three days. For years he has been illegally selling unregistered shares of stock and has never paid the upfront and ongoing promised broker's commissions. Nothing new here. Byrne never pays anyone and owes people hundreds of millions. And he is now using robo calls and Beryl Wolk's service to send millions of unsolicited, spam, e-mails promoting FUN's gifting programs that have been around for a dozen years. Stay away from this crook.

Update by Jimmy Smith
Mar 08, 2010 12:29 pm EST

It's about time the authorities shut down this rip off artist. Report him to the FBI, Postal Inspectors, SEC and the Federal Trade Commission

Update by Jimmy Smith
Mar 08, 2010 4:27 pm EST

Over the last five years, Byrne and FUN have also taken money from hundreds of people to have their mortgages paid off and have also taken money from many others to get cars at a discount. None of their mortgages have ever been paid and the others have been stuck with paying for the cars or had them repossessed. What did Byrne do with the money sent him?

Update by Jimmy Smith
Mar 08, 2010 4:36 pm EST

Byrne has also solicited millions of dollars to be placed in "private placements" with promises of fabulous profits. The money sent Byrne and FUN is gone and he has paid people nothing. This thief should be put in prison for wire and mail fraud, money laundering, tax evasion, etc.

Update by Jimmy Smith
Apr 06, 2010 1:34 am EDT

Christy: I just read your note posted on an e-mail from a FUN member, entitled "Screwed by the FUN Car Program." I suggest that you don't pay the DMV, those aren't your tickets. But you most certainly should immediately get the name and address of the member they permitted to drive "your" car. Then report FUN, Richard Byrne and that member to the DMV, Ventura California police and the FBI, which already has a file on FUN, with all the details. It would also be of interest to people who visit this ComplaintsBoard to know the name of the member who FUN permitted to drive your car. That person seems to be a co-conspirator in the mess that FUN got you in.

Resolved

The complaint has been investigated and resolved to the customer’s satisfaction.

7 comments
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Thom Taylor
Riverside, US
Dec 18, 2010 12:54 am EST
Verified customer This comment was posted by a verified customer. Learn more

I am an Insurance Fraud Investigator working a scam involving FUN. Vehicles that were purchased through one of their programs have been used in Insurance fraud cases. In one case a senior citizen was scammed by FUN, using his personal info, subjects purchased three vehicles, never paid for them and began filing insurance claims on the vehicles. Anyone with similar stories or first hand experience, please contact me.

Thom Taylor
Investigator
Special Investigations Unit
AFA Field Services
[protected] x219
thomt.taylor@afaclaims.com

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screwedbyfun
Mill Creek, US
Dec 10, 2010 3:17 pm EST
Verified customer This comment was posted by a verified customer. Learn more

Richard has a new facebook page

http://www.facebook.com/profile.php?id=1089170708¬if_t=friend_confirmed#!/

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D.T. Brown
Sacramento, US
Aug 13, 2010 9:16 am EDT
Verified customer This comment was posted by a verified customer. Learn more

I no longer have this case as the FBI is already investigating.

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D.T. Brown
Sacramento, US
Aug 11, 2010 1:31 pm EDT
Verified customer This comment was posted by a verified customer. Learn more

Victims of FUN,

My name is D.T. Brown. I am a Detective with the Sacramento Valley Hi-Tech Crimes Task Force. I just now received the first complaint regarding Richard Bryne and FUN. I would like to hear from anyone who has sustained financial loss as a result of this scam.

D.T. Brown #938
Sacramento County Sheriff's Department
Hi-Tech Crimes Division
[protected]
dtbrown@sacsheriff.com

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JKO
, US
Jun 12, 2010 3:29 pm EDT

FUN members,

You all need to be aware of Richards new schemes. Do NOT get involved in these gifting programs and illegal selling of shares. They are ILLEGAL!

He is now trying to get more money from people by using gifting programs.
Some kind of "glitch" will happen and people will never see their money again. Sound familiar?

I know you have been on both sides of the the fence with Richard. For him and against him. Now is the time to report him for the fraud that he is.

He cannot sell shares of a company without following FTC regulations, but he is (to get more money). He cannot open an illegal gifting program, but he is (to get more money). Has he asked his "attorneys" about this? Ask him, he will skirt around the issue.

He could not do trades without following the FTC regulations, but he did (to get more money and then lose it). Did his "attorneys" approve? I guess not since he was ordered not to recruit FUN members from the State of Idaho by order of the Attorney General. If he was in the right and legal, they would have fought for him. But...no, they didn't.

He has stolen millions of dollars from us and we need to fight back!

Don't believe me? Ask him where the money went? Count by count. He won't be able to tell you. Ask him how he paid for his staff, his office, everything to keep this so called company up and going?

He will tell you that he had other projects that paid out. Bull! He uses our investment money to pay for his office. This is obvious to anyone who cares to listen and open their eyes. He has a ponzi scheme going on here people. ILLEGAL!

You need to do yourself and your downline a favor and report him to the FBI, FTC, Attorney General, and his local District Attorney.
Below are their numbers. Pass this to your downline and to anyone you know who is a victim of FUN. If we all do this together he WILL get shut down immediately. He needs to stop taking money from unsuspecting people. If we don't do anything and just sit back and watch he will continue for as long as he can get away with it!

I have already reported him. Do your part!

Local FBI for California: [protected]
FTC: [protected]
Attorney General of California: [protected]
Local Attorney General:
Supervising Attorney, Greg Brose
4245 Market St. Ventura, CA 93003 Suite 205

Former FUN member,
Cris

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screwedbyfun
Mill Creek, US
Apr 08, 2010 12:05 pm EDT
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I have blogged and file complaints with every agency you can imagine. both him and jerry the loser are a bunch of liers and thieves. they both should wind up in jail. the million dollars that the so called lawyer stole was a lie. jerry stole that money and is coveing it up. everything you say against jerry he always yells and tells you he is going to sue you. what a loser. both of them came from the same mold

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christyne
Reno, US
Apr 02, 2010 8:47 pm EDT

I was one of those stupid member that have been scammed! This is the worst nightmare of my life! Pls help me what to do next.