Local Ron Aikens and The Harvest Grou...
Alvin

Calgary, Canada

#34 Apr 6, 2013
http://www.calgaryherald.com/business/Half+bi...

Great to see people banded together and stepped up and decided Ron Aikens and
his cronies that sold this shit can't escape with our money leaving behind a sorted
trail of destruction without consequences!!

Get your money into the litigation team to hit this jackass right in the nuts where he deserves a swift kick!!!
Ian Gomm

Calgary, Canada

#35 Apr 6, 2013
Go to http://www.calgaryherald.com/news/alberta
and put in Harvest Group Law Suit in the search engine on their page and you'll come up with the story.
Navel NB

Salisbury, Canada

#36 Apr 7, 2013
Ian Gomm wrote:
Investors have launched a class-action lawsuit seeking to recover $500 million they put into a series of beleaguered real estate companies and related ventures promoted by a former Lethbridge pastor.
A statement of claim filed in Court of Queen’s Bench on Wednesday alleges hundreds of people invested their savings in a scheme that improperly siphoned millions of dollars to Ronald James Aitkens and seven other people named in the suit.
Read more: http://www.calgaryherald.com/business/Half+bi ...
Hi Ian, I followed that link and it has come up 404, page not found. Has it been removed???
Would appreciate follow up .
Thanx
Navel NB
Bear

Calgary, Canada

#38 Apr 10, 2013
Give me Ron Aitkens address and I will take care of him.
shykora arts PAUL wrote:
...go forth...change,here..yha you,..you...eh..
Alvin A

Calgary, Canada

#39 Apr 10, 2013
Global News did a feature on the class action 500 Million dollar law suit against Ron Aikens,great to see some heat starting to come down on his ass!!
http://globalnews.ca/video/464658/exclusive-h...
Alvin A

Calgary, Canada

#40 Apr 10, 2013
The statement of Claim is now posted on the Harvest Litigation website.Not a single investment made anyone any money, a complete ponzi scam..Hitting him hard where it hurts!!

www.harvestlitigation.com
Minna -Edmonton

Edmonton, Canada

#41 Apr 14, 2013
Ian Gomm wrote:
Investors have launched a class-action lawsuit seeking to recover $500 million they put into a series of beleaguered real estate companies and related ventures promoted by a former Lethbridge pastor.
A statement of claim filed in Court of Queen’s Bench on Wednesday alleges hundreds of people invested their savings in a scheme that improperly siphoned millions of dollars to Ronald James Aitkens and seven other people named in the suit.
Read more: http://www.calgaryherald.com/business/Half+bi ...
I too cannot get the link!!Anyone heard about any action being taken by Earnst & Younge,heard they were involved??
Sally

Calgary, Canada

#42 Apr 21, 2013
Investors have launched a class-action lawsuit seeking to recover $500 million they put into a series of beleaguered real estate companies and related ventures promoted by a former Lethbridge pastor.
A statement of claim filed in Court of Queen’s Bench on Wednesday alleges hundreds of people invested their savings in a scheme that improperly siphoned millions of dollars to Ronald James Aitkens and seven other people named in the suit.
“Most of these people are in the nature of mom-and-pop retail investors,” lawyer Blair Yorke-Slader of Bennett Jones LLP in Calgary said in an interview.
The suit alleges Aitkens created a series of entities called the Harvest Group of Companies, which raised $500 million for 16 ventures in real estate development, resource development and financial investment since 2001.
However, the suit claims none of the projects were viable; it alleges they were bait used to solicit money from investors that wound up in the pockets of Aitken and other Harvest Group principals.
“Each (project) was merely a shell, sham or captive company formed and/or incorporated with the purpose of obscuring this common purpose and organization,” reads the statement of claim.
“Although ostensibly in the business of providing legitimate real estate investments and developments, the Harvest Group of Companies was really in the business of improperly enriching the personal defendants.”
Aitken’s lawyer couldn’t be reached for comment on the lawsuit’s claims, which haven’t been proven in court.
The statement of claim names 11 plaintiffs who have stepped forward on behalf of hundreds of investors allegedly victimized by the defendants.
The precise number of investors eligible to join the suit isn’t yet known.
The suit said Harvest raised its money with a network of agents who sold shares and bonds in its ventures, often through word-of-mouth and free seminars.
The agents themselves were misled into providing false information to investors by the defendants, the suit alleges.
The other defendants named in the statement of claim are: Ralph Bennetsen, Roy Juergen Beyer, Mark McCarthy, Terressa Moore, Scott Rohrer, Wayne Tinker and Noel Winter.
Although the plaintiffs don’t claim to know the exact role each of the defendants allegedly played, the suit describes Aitkens as the “directing or controlling mind” of the companies involved.
“Aitkens personally moved the scheme forward, made misrepresentations as described above to the investors and received benefit from investors’ funds. Aitkens was the ‘face’ of the Harvest Group of Companies and of the investment scheme,” the statement of claim said.
The suit claims the defendants enriched themselves mainly through “nonsensical management fees” and by transferring investors’ money out of the projects and into separate, but related, companies they also controlled.
In the case of a proposed industrial park in the town of Millet, south of Edmonton, the defendants raised $35 million from investors.
The suit alleges $22.7 million was used to buy the land “at an inflated and improvident value” from another Harvest Group company.
The defendants “improperly paid themselves”$9.1 million in management fees and made $2 million in payments to “affiliated entities and unknown parties,” according to the statement of claim.
Yet despite raising $35 million in capital,“few if any development activities have taken place with respect to the Railside Industrial Park project,” the claim said.
Some of the other projects Harvest raised money for include an office complex in downtown Calgary, as well as residential developments in southwest Calgary, Airdrie and Rocky View County.
The suit alleges not only have the projects never been built, investors’ bonds were never redeemed either.
Investors also put money into a Harvest Group company, Foundation Mortgage, that claimed to offer financing to other real estate development companies.
Sally

Calgary, Canada

#43 Apr 21, 2013
Part 2

The suit alleges the money was used instead to make improper loans to other Harvest Group ventures.

“By either fraudulent design or extraordinary incompetence, the defendants, or certain of them, thereby ensured that bondholders would never be repaid,” the claim says.

Initially, some Foundation bondholders did receive a return on their investment — but the suit claims they were paid with money improperly taken from elsewhere.

“In truth,(Foundation) paid investors with money from other investors, sometimes even from other projects, in a Ponzi-like fashion,” the suit says.

The suit must be certified by a judge before it can proceed.

In addition to $500 million restitution, the suit also seeks unspecified damages for breach of contract, misrepresentation, breach of trust, breach of fiduciary duty, unjust enrichment and other alleged torts.

The suit also seeks a freeze on the defendants’ assets, as well as the appointment of a receiver or supervisor to oversee the sale of the real estate held by the Harvest companies with any proceeds going to the plaintiffs.

The case is scheduled to be heard in Calgary.

[email protected]

Read more: http://www.calgaryherald.com/business/Half+bi...
Navel7

Calgary, Canada

#46 Jun 18, 2013
Anyone have a current address for Ron Aikens and Roy Beyers?

Do you mean their current addresses?

Or, do you mean where their addresses should be? JAIL!
Sally

Calgary, Canada

#48 Sep 16, 2013
More heat coming on Ron Aikens Ass!!!!
Securities regulators target Lethbridge man at centre of $500-million lawsuit
http://www.calgaryherald.com/business/Saskatc ...

Bring On the Heat :))) Oh and don't for get to include Roy Beyers and Olaf Petersen
Iann

Calgary, Canada

#49 Sep 20, 2013
More Heat Being Applied To Ron Aikens and Roy Beyers ASS!!

Dear Investors

As some of you know we have been waiting patiently for CTV W5 to release their program regarding the Harvest Group of Companies. We are very pleased to let you know that the program will be aired as follows:

CTV W5
Saturday, September 21, 2013
7:00 PM

Please tune in to this program and/or record it. After watching the show your input would be appreciated.

Sincerely,
Sally

Calgary, Canada

#50 Sep 24, 2013
The W5 prgm clearly showed R.Aitkens was NOT any type of business mgr. A good Investment mgr has an 'Exit' strategy with "Plan A". If 'Plan A' begins to falter then revert to "Plan B". If 'Plan B' isn't working, then use "Plan C".
Ron's only plan was: "5-yrs.... let's wait'n'see" ?!

Ron also said that "...there were successes".
Really??! Show me ONE project that was exited with
happy & profitable Investors...?11

The big ass is clearly a clown and it's become clear why he needed others to sell these
junk bonds, god he couldn't sell ice on a hot day!!!

Judgement day is coming, so please support the Harvest Litigation Committee
Bear

Calgary, Canada

#51 Sep 27, 2013
Looks like Ron is not in very good physical condition.I say each investor gets 30 seconds in a dark room with him, before he dies of natural causes.
Frank Slide

Chestermere, Canada

#52 Oct 2, 2013
Sally wrote:
The W5 prgm clearly showed R.Aitkens was NOT any type of business mgr. A good Investment mgr has an 'Exit' strategy with "Plan A". If 'Plan A' begins to falter then revert to "Plan B". If 'Plan B' isn't working, then use "Plan C".
Ron's only plan was: "5-yrs.... let's wait'n'see" ?!
Ron also said that "...there were successes".
Really??! Show me ONE project that was exited with
happy & profitable Investors...?11
The big ass is clearly a clown and it's become clear why he needed others to sell these
junk bonds, god he couldn't sell ice on a hot day!!!
Judgement day is coming, so please support the Harvest Litigation Committee
My condolences to the investors. But I think CTV would be best advised to rerun this program at the beginning of the next Calgary/Alberta boom as a warning to the people who are taken in by real estate and other promoters. It happened in 1980 and it will happen next time too.
Iann

Calgary, Canada

#53 Oct 10, 2013
I never dealt with Ron and I wish I had, because just from seeing Ron in the last two documentaries,if that jackass doesn't know what 'HE'S" done with all the millions HE'S stolen from us, how in god's name would he have the mental capacity to actually steer a development to fruition. Yikes what a ucken Mess!!
FROG was a bigger scam than all the previous, and I'm surprised no mention in either documentary of this giant ponsi scheme!!

With that note, any idea what these clowns at Corval are doing with our 1/4 of our original investment!!!
Iann Gomm

Calgary, Canada

#55 Nov 12, 2013
I too was at the First Alliance Church for the Nov 5 Investors Meeting and would like to publicly thank Ernie and the plantiffs for doing the ugly work for the rest of us.
Ernies's passionate speech of "We will not Lose " is what many of us feel, and
the outcome will be all well worth the effort.
Many of the people named in the lawsuit know that they will not come out on top,(Beyers) to name one, and should consider cutting a deal to save their ass before we are no longer interested in mitigating their whooping and public flogging!!
Bring it on Aikens!!
Sally

Calgary, Canada

#56 Nov 24, 2013
Any word of Asskins first ASC appearance? A lot late and far to little!!

The first appearance in this matter has been set for 8 a.m. on November 19, 2013 at the Calgary Courts Centre. 601 - 5 Street SW, Calgary, AB T2P 5P7.

This fat ass won 't make it past Wendy's on the way to the hearing.!!!
Gwen Owens

Invermere, Canada

#57 Dec 22, 2013
All the best of the season to fello investors in the Foundation Fiascal.
May 2014 we see the fat asskins ass in front of a judge!!
Ron when you read this, you'll know you'll game up and we're pinning the tail on the donkey!!
God it's going to be a sweet day!!!
Jim Crews

Columbus, OH

#58 Dec 30, 2013
Looks like a forum has started with an old acquaintance of Fat Ass Aikens,Arlington Street and Frank Lonardelli.
Another scam from this disciple and douche bag!!! It's all folding Up like a house of cards on these criminals!!

http://www.topix.com/forum/ca/calgary-ab/TC1H ...

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