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Kodiak Capital Group / Fraud

1 260 Newport Center Drive, Newport Beach, CA, United States Review updated:
Contact information:
Phone: 212-262-2600

Kodiak Capital Group LLC, Ryan Hodson, William Newell, Colin Manners, Larry Thompson, Jason Alexander
Investigation Reveals numerous Lawsuits Alleging Extortion, Racketeering in Organized Crime Act (RICO), Upfront Fee Scam, Fraud, Litigation, Failure to fund, Fraudulent inducement and Conspiracy, Unfair Trade Practices, Dishonest Business Practices, Alleged Investigation by Federal FTC for Unethical/Unscrupulous Activities.
Allegations: A friend of mine related she was an agent working on a transaction she was looking to fund and she was allegedly contacted by this Ryan Hodson person. He claimed to be the head of a private equity investment firm.
Kodiak Capital is a private equity investment firm making investments in transaction sizes of $1-100 Million
An investigation into Kodiak Capital reveals that they have no real funds under management. But by the time I tried to help her it was too late.
They had allegedly played some kind of shell game with her clients and basically took them away from her but also took her clients for a ride.
They also had to pay an upfront fee in hundreds of thousands of dollars.
They also do not provide any real investments into companies. Evidently what they allegedly do is take a company shares, dump them in the market and take that cash and give it to the company. It seems they claim they need the shares to prevent delivery falure but in fact they just sell the shares before they give the cash. Text book case of a "death spiral" funder.
If you look at the linkedin bios of their team they claim to be a "operationally driven private equity firm" that makes non-control
investment in public companies. They also claim to have done hundreds of transactions, but almost all of the time it seems that they are making a fraudulent announcement that a funding has occurred, when in reality they have just agreed to an equity line.
However they never show any financials and they do not actually have any funds under management.
Who is this Ryan Hodson the head of this private equity firm depending on which bio you read? A rugby player!
Just red all about their funding of cMoney, a mobile phone company that the SEC has charged with numerous counts of FRAUD.

Ch
Feb 20, 2014
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Comments

  • Gs
      6th of Mar, 2014

    They look like a "pump and dump" operation.

    +2 Votes
  • Ad
      17th of Apr, 2014

    Ryan Hodson and Kodiak Capital have no money to invest, but they will take your stock and sell it in the market and pass a small amount back to you. What a fraud!
    How come the SEC hasn't investigated their bogus news announcements, it's a big scam.

    +2 Votes
  • Bf
      9th of Apr, 2015

    We performed work for this company two months ago and have yet to be paid. All of the email addresses that they provide on their website come back undeliverable and the addresses for the company are not good either. The California address is a virtual office address, the Delaware office is for Harvard business services, and the New York office is for Menicuccli Villa Cilmi law firm. When you call the telephone number that they provide on their website, a woman answers but cannot provide any answers to any of your questions. When you ask for the accounts payable department, she simply pauses as if she is transferring the call and then proceeds to tell you that they must be on the other line and she will transfer you to their voicemail. The voicemail is nothing other than a general voicemail. Obviously no one returned my call. Run as far as you can from this so-called company because it's nothing other than a scam!

    +3 Votes
  • Ri
      20th of Sep, 2017

    I was involved with them in an actual deal 5 yrs ago, I had a horrible experience with RH.

    -1 Votes

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