RipOffReport.com is a Scam...
Do NOT be deceived by anything you read about any company listed on RipOffReport.com. Odds are good that it was written by RipOffReport.com's founder and wanted criminal and fugitive, Ed Magedson (note mug shot below), and is, in all probability, an attempt to extort money from companies he has targeted.
How the RipOff Report Scam works:
Mr. "Ed" creates very damaging phony "consumer reports" on successful businesses that are very "reputation sensitive" (e.g., doctors, attorneys, service businesses, etc.). Once he is finished, he submits the phony "report" through numerous search engines such as Google, Yahoo!, Bing, and Ask, etc.
RipOff Report has been described as the "National Enquirer equivalent to the Better Business Bureau" (one might also call it the "Jerry Springer Show" counterpart to the BBB), originally allegedly created as a platform to allow consumers to air their gripes, complaints, and allegations about a business. Unfortunately, Ed and his "ambulance chaser lawyers" quickly learned they could extort legitimate businesses. RipOff Report appears to have been created for purely a money-making scam that has left numerous businesses and individuals tarnished with an unjustified damaged reputation that is completely without merit.
RipOff Report's high search engine visibility has led many companies and individuals to be left victimized and embarrassed due to complaints that typically don't have any merit whatsoever. Anytime a prospective customer of that business does a web search - which many consumers these days will do - they will see the defamatory link appear on that business, usually on the first page of the search engine results list, which then leads them to a very disparaging report on that business. That consumer may now have second thoughts about doing business with that particular company because of the bogus self-created report. This is how the scam begins.
Why is Ed Doing This?
It's called EXTORTION! What Ed does then is approach the business that he has defamed and offer his fraudulent "services" to remove the damaging "report", which typically means paying RipOffReport.com about $50,000 upfront, plus a $5,000 per month "monitoring fee" for a report THEY created! He may be operating one of the biggest criminal enterprises ever created on the Internet!
As a result, many companies have pursued legal action against RipOff Report and won! However, there is no knowledge that any judgment obtained against RipOff Report has actually been satisfied and the website is still online. The exact online location has been hard to pinpoint by law enforcement agencies.
So Just Who is Mr. Ed Magedson?
Ed Magedson, the owner and founder of RipOffReport.com is apparently a WANTED FUGITIVE by the FBI allegedly facing a number of multi-million dollar lawsuits from numerous companies WORLDWIDE! He is currently in hiding and no one can find him. By the way, for those of you who do know the whereabouts of Ed Magedson, there is currently a $20,000 reward for information leading to his arrest. Visit the Bad Business Rip Off website to view more on Mr. Ed (the page is quite lengthy - ol' Ed's been at this a long time...).
Criminal Charges Against Ed Magedson
The following is a list of criminal charges that Ed Magedson, founder and owner of RipOffReport.com, has been charged and found guilty of:
This is in addition to the many lawsuits that have been filed against him. And here's what Mr. Ed looks like:
- Check Fraud
- Assault & Battery
- Marijuana & Paraphenalia Possession
- Default Judgement ($30,041.21)
Nice guy, huh? Again, RipOffReport.com IS KNOWN TO PUBLISH FAKE COMPLAINTS ABOUT LEGITIMATE COMPANIES OVER THE INTERNET TO DAMAGE THEIR GOOD REPUTATION AND/OR TO COLLECT MONEY FOR TAKING THE FAKE REPORTS OFF.... THAT EQUALS EXTORTION! DO NOT BE FOOLED OR BELIEVE ANYTHING THAT APPEARS ON THIS WEBSITE - THESE REPORTS ARE 100% FAKE. ED IS A WANTED FUGITIVE FROM JUSTICE AND RipOffReport.com IS A TOTAL SCAM!
For further information about RipOffReport.com and Ed Magedson, visit the following links:
Bad Business Rip Off