Wednesday, November 7, 2007

R.C. Anderson / RC Anderson in 10 News Investigation

RC Anderson uses famous names to convince people he is worth investing in.

His next "business" may involve building a large sports rehabilitation facility called STAR (Sports Training and Rehabilitation).

I would not get involved with him unless you want to risk being scammed.

I recommend watching the videos at the following link provided by 10 News. They provide video coverage of the investigation so you can learn more about RC Anderson as well as familiarize yourself with what he looks like so you will not fall victim to his scams.

Article from: http://www.10news.com/investigations/9780850/detail.html

They said they were sold on the man’s investment scheme based on his ties with a boxing legend.Ken Norton became an instant celebrity in March 1973.His victory over Muhammad Ali in San Diego is still considered one of the greatest boxing upsets of all time.But a San Diego woman and at least three other people said they believe they have been sucker-punched by a man using the former champ to take their money.“Ken Norton Sr. the boxer and Ken Norton Jr. the football player are listed on his correspondence whenever he sends it to investors,” said attorney Cindy Brand.Brand represents four investors who said they were taken for more than $250,000."The next thing I knew, I was writing him one $10,000 check after another," said investor Jaquelin Hellenberg.Another investor, Steve Huss, said, “It was always in about $20,000 increments."“About $45,000 went to R.C. Anderson,” said investor Kathy Nielsen.What did these investors buy into?A video made by R.C. Anderson explained the product as “a unit to alert motorists and pedestrians of an approaching emergency vehicle.”The video shows how Anderson’s Traffic Alert system would alert drivers of oncoming vehicles.“It will actually improve response times and save lives,” Anderson said in the video.The video footage also displayed Ken Norton’s name at the bottom of Anderson’s development team list.However, investors said they believe Anderson is selling nothing more than empty promises.Brand said, “He has no product. He has never sold one.”Anderson’s business plan showed Traffic Alert would bring in more than $123 million in gross receipts by its fifth year. He promised investors would be rich."He promised that money would be raining down,” said Nielsen.10News investigators obtained copies of checks from investors deposited at a Wells Fargo bank in Grossmont.Records showed Anderson had drained the account, buying airline tickets, ski lift tickets and making ATM withdraws at casinos like Barona and in Las Vegas. The records indicated Anderson was running the investors’ corporate account into a deficit thousands of dollars deep.10News investigators caught up with Anderson outside of his South Bay Terraces home and asked him about his investors’ allegations.“They said you’re running a con, that you’ve spend all of the money from the business on personal items. They show money spent at Barona casino, for travel, for ski lift tickets,” 10News investigator Thom Jensen told Anderson.“I’m glad you said that, because when you run your own business, you’re allowed to pay yourself,” replied Anderson.Anderson then proceeded to name-drop."As a matter of fact, I will get Mr. Norton on the line for you. Ken Norton is a very good friend of mine. I will get Mr. Norton on the line as we speak,” Anderson told 10News.When asked about the alleged missing money, Anderson said, "You know where the money went to? They knew the money was to pay off other investors who came on before."Anderson’s use of Norton’s name coaxed one investor out of his life savings of $150,000."The business idea a good idea, but to have people backing it with a name like Ken Norton is a pretty impressive thing, and I thought, 'This has got to work,'” said investor Stephen Huss.10News spoke to Ken Norton, who said this was not the first time he has heard allegations of fraud with Anderson and his Traffic Alert system.Norton is involved with the company, but the San Diego investors believe Anderson is just using Norton’s celebrity status to rip people off.

6 comments:

Freeze said...

RC Anderson was arrested in Los Angeles on a warrant from San Diego alleging 19 felony counts of Grand Theft and Fraud based on his criminal business practices. As of Dec 2, 2008, he is in custody in the San Diego County Jail being held on a bail of $2 Million.

Next court date is 12/11/08.

Merry Christmas

Anonymous said...

He's out of jail and at it again. How did they let him out of jail?

Anonymous said...

Sight unseen, it all sounds good...but if you're really serious about researching Mr. Anderson get ALL of the facts, not just those posted by some anonymous source for vindication and/or personal gain.

Anonymous said...

I own multiple companies, My companies have done business with Anderson on his traffic alert system, and I was never cheated out of a dime. Everything that Anderson said, he made sure their was a contract backing it up. For those who used Ken Norton's name and lied, RC was NOT one of them. Ken Norton has come to my business facility many times and has met with my family and backed RC in every way. People should know and understand what an investment entails. If investors and or 10News really wanted to post something to prove a point, they should have posted the contract which any and every one of the investors possessed. Instead, not one investor cared to do so, they were all more concerned with slandering someone because they can financially afford to do it knowing Mr. Anderson can not afford to fight back. Inside the contract it stated a certain amount in which was owed to him for living expenses do to this was his full time job. Not once did Mr. Anderson exceed that amount. If you would like to investigate something..... The investors names are listed above for the Traffic Alert System, how did they end up owning the Patent as investors? Then checkout how many patents RC Anderson actually owns. HMMMM ponder that

Anonymous said...

I met Ken Norton in a San Diego Courtroom where the Judge sentenced him to prison. Nice. He also sentenced him to repay his victims. Never happened. My family and I were out at least 75,000. More? Probably More - especially if you count all of the hours worked. Where did our investing money go? Ski trips...dry cleaning expenses. Ummm...NOTHING. NOTHING. Guy's a scamming scammer scam con man. Cannot believe he is at it again. WOW. We don't need a traffic alert system. We need an RC ANDERSON SCAMMING ALERT SYSTEM. Let me know if he can read.

Anonymous said...

HahHHaha Thar was RC or Kathie Taylor who wrote that crap!