Heath Ritenour Faces “Ponzi Scheme” Allegations

[IOA me]

John Ritenour & Heath Ritenour Facing Allegations of Civil Racketeering "RICO," Stock Manipulation and "Ponzi Scheme." Seeking Restraining Order; Witnesses Sought.

There are multiple Civil Racketeering "RICO" allegations from numerous law firms and from multiple states against John Ritenour and Heath Ritenour of Insurance Office of America centered around Fraud, Theft, Stock Manipulation and a "Ponzi Scheme."

 

[DHK]

Looks like some agents have some issues with this company. Didn't see anything about a Ponzi scheme, just how agents feel they have been treated and the effect of it against the company's stock price for manipulation purposes.

Quite frankly, it's poorly written and this is a business complaint. I didn't see anything where consumers were harmed.

 

[IOA me]

John Ritenour & Heath Ritenour Facing Allegations of Civil Racketeering "RICO," Stock Manipulation and "Ponzi Scheme." Seeking Restraining Order; Witnesses Sought.

 

[IOA me]

Here is the complaint referencing the alleged Ponzi Scheme for Insurance Office of America and the effect it has on anyone who owns stock.

 

[rousemark]

Old news.. ongoing situation that will last for years.

 

[SolernoM]

For anyone actually using this site for conversation about the insurance industry, it's clear to see that the IOA Me account was created solely for the purpose of spamming the site with defamatory content about IOA. The user's only interactions on this site are negative posts about this company, which the user regularly continues to post, despite being refuted by other members of the community. However, the user is not open to conversing about any topics that he/she posts about, and remains interested only in slandering IOA through posting and spreading harmful allegations that have no merit.

Clearly, this is a faux account created specifically for this malicious purpose, which cheapens the entire conversation/purpose of insurance-forums.com.