Virtual Communications Corporation- Private Note Offering Investigation
The securities attorneys at The Law Office of David Liebrader have opened an investigation into a private note offering by Virtual Communications Corporation, a Las Vegas business run by Ronald J Robinson.
Beginning in 2012 Virtual Communications Corporation commenced a private offering of securities via a $1,000,000 promissory note offering. According to a power point presentation created by Virtual Communications Corporation the notes were to be guaranteed by Ronald J Robinson, and the notes bore Mr. Robinson’s signature as guarantor.
Virtual Communications Corporation promised to pay nine percent interest to the lenders/investors, and agreed to repay the principal within 18 months. The firm used the services of Julie Minuskin of Retire Happy to raise money from investors, and many of the investors were shown copies of the net worth statement of Ronald J Robinson as guarantor showing a net worth of in excess of $17 million.
The investors received regular interest payments until the beginning of 2015 at which time Virtual Communications Corporation stopped making distributions. The pending investor related dispute that gives rise to this investigation concerns the guarantee on the notes made by Ronald J Robinson, who refuses to make good on the guarantee.
The Virtual Communications Corporation Note Offering
In order to lawfully sell investments to the public, an offering of securities must either be registered or exempt from registration. The firm must also sell the securities through lawful means and not via a general solicitation to the public, or through the use of unlicensed broker dealers.
The Law Office of David Liebrader is presently representing two elderly clients in the Clark County District Court who invested in the Virtual Communications Corporation Note Offering, and who are seeking a repayment of the money loaned to the company. One matter is for trial in April, 2018. Ronald J Robinson, whose signature appears on the promissory note as guarantor, refuses to repay the investor, despite the admitted default of the loan by Virtual Communications Corporation.
If you purchased the Virtual Communications Corporation Promissory Notes bearing the guarantee of Ronald J Robinson please call The Law Office of David Liebrader at (702) 380-3131 for a free, confidential consultation to discuss your legal rights and options. Our firm takes cases on a straight contingency fee, with no money up front, and no money owed unless there is a recovery.
There is no charge for the initial consultation, so call (702) 380-3131 today to speak with an experienced securities attorney who will fight to recover your losses.
The Law Office of David Liebrader practices exclusively in the field of investment loss recovery. For the past 24 years, we have dedicated our law practice to assisting investors who have been victims of investment fraud via fraudulent and unsuitable investment transactions. During that time we have recovered money for over one thousand individuals, pension plans, trusts and companies. The recoveries we have obtained via judgments, awards and settlements on behalf of our clients exceed $40,000,000.