In the course of researching Russ Whitney to defend myself against his lawsuit, I have come across many companies that he seems to be affiliated with in some way. I would appreciate any help readers could give me in firming up and fleshing out the details of these affiliations.
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restaurant | 1974-1975 | Schenectady or Queens, NY | short-order cook |
taxi company | 1974-1975 | Schenectady or Queens, NY | driver |
telemarketing company | 1974-1975 | Schenectady or Queens, NY | telephone salesman |
Confederation of Organized Purchasers, Inc. | Around 1980 | Saratoga Springs, NY | salesman |
R&I Enterprises | around 1976-1984 | Schenectady, NY | Owner or fictitious or assumed name (d.b.a.) |
R & I Contracting | around 1976-1984 | Schenectady, NY | Owner or fictitious name or assumed name (d.b.a.) |
Tobin Packing Company | around 1976-1978 | Schenectady, NY | Employee, Member of ???? union |
Plumb Realty | around 1979-83 | 1125 Curry Road, Rotterdam, NY 518-356-0400 |
licensed real estate salesman |
Plumbannd Homes, Inc. | Around 1979-83 | 1125 Curry Road, Rotterdam, NY 518-356-0400 |
licensed real estate salesman |
Southwest Management Development and Realty, Inc. | starting around 1984 | 2251 Grand Avenue, Fort Myers, FL 33901 | part owner |
National Institute of Financial Planning (apparently part of real estate guru Mark Haroldsens business) | Around 1984 | 1831 Fort Union Boulevard Salt Lake City, UT 84121 |
speaker on audio cassettes and book author |
Tony Hoffman Superstar, Inc. | Unknown | ??? California |
Appeared on Hoffmans TV show |
Unknown | Around 1983 | 2251 Grand Avenue, Fort Myers, FL 33901 | owner |
Fun Rentals Franchising, Inc. | Around 1993-4 | 4818 Coronado Parkway, #19, Cape Coral, FL 33904 239-542-8999 |
unknown
lawsuit case # 95-006136 CA in Lee County Clerks Web site |
Satan | Around 1984 | Schenectady, NY | permitted Satan to manage his properties in anticipation of sales to Satan |
vending machine company | around 1982 | Fort Myers, FL area | vending machine salesman |
real estate brokerage | Around 1982 | Cape Coral, FL |
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According to page 43 of Whitneys book Overcoming the Hurdles and Pitfalls of Real Estate Investing, he told bankers he held a salaried position with a realty company where he had his real estate license |
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Fort Myers FL area |
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Hurdles and Pitfalls Publishing, Inc. (name changed 3/8/85) | 10/12/84 Involuntarily dissolved 11/16/87 | 2251 Grand Avenue, Fort Myers, FL 33901 |
Officer/director D |
R & D Companies of Florida | Around 1983 | 1630 Woodford Avenue, Suite B, Fort Myers, FL 33901 |
Part owner |
The Southwest Group, Inc. | 10/7/83 Involuntarily dissolved 11/1/85 | 1630 Woodford Avenue, Suite B, Fort Myers, FL 33901 |
Officer/Director PSD |
National Association of Real Estate Investors (non-profit) | Around 1984 | Suite B, 2251 Grand Avenue, Fort Myers, FL 33901 | Unknown |
Unknown | Around 1985 | 604 State Street, Schenectady, NY | Partner |
R & D Investments of Lee County, Inc. | 8/1/83 Involuntarily dissolved 11/1/85 | 1630 Woodford, Ste-B Ft Myers FL 33901 |
Officer/Director VSD |
Compuworld Business Solutions, Inc. | 3/24/87 Involuntarily dissolved 11/4/88 The State of Florida Department of Banking took action against this company and Russ Whitney and a bunch of his associates in the late 80s. |
2251 Grand Avenue, Fort Myers, FL 33901 |
Officer/Director D |
National Home Loan Mortgage Association, Inc. a.k.a. Nellie Mae | late 1980s | 4818 Coronado Parkway Cape Coral, FL 33904 |
This was a B.S. company that Whitney represented was a quasi-governmantal agency In fact, there is no such agency. See the State of Florida action against Whitney for this stunt. |
Dave Del Dotto (a guru whom I debated on Larry King Live) | Around 1989-90 | ????? Modesto, CA ????? |
Whitney was paid 40% of the back-of-the-room sales of Del Dotto books and tapes to make speeches for Del Dotto |
Equity Corp. Holdings, Inc.
Oddly, they pronounce this Equity Core. The French word corps, which has a different meaning from corp., is pronounced that way, but corp. is pronounced corp or corporation. Dumb. |
3/28/91 | 4818 Coronado Parkway Cape Coral, FL 33904 239-549-4164 |
Officer/Director DST |
BREITENFELD J, KELLY D, WHITNEY R | 9/30/91 to 12/31/96 | 4818 Coronado Parkway, Suite 16 Cape Coral, FL 33904 |
Oddly, this is a fictitious name Whitney registered. As far as I can tell, it is the only fictitious name he ever registered. His address for the registration is listed as 232 Bayshore Drive, Cape Coral, FL 33904 |
Teamwork Communications, Inc. | Since 11/96
1/15/96 Admin dissolution for annual report 9/21/01 |
232 Bayshore Drive Cape Coral FL 33904 |
Whitneys wife is officer/director PDST |
Whitney Consulting Services, Inc. (Previously Financial Consulting Services, Inc. and Whitney Consulting Group, inc.) | Since 6/99
Incorporated in WY 7/28/98 |
4818 Coronado Parkway Cape Coral, FL 33904 also Suite 200, Building 5, 12227 S Business Park Place Salt Lake City, UT |
President and member of the board
Officer/Director PCD Subsidiary of Whitney Information Network, Inc. |
Professional Marketing International, Inc. | around 1998 | Lehigh, UT | |
1311448 Ontario, Inc. | Since 10/98 | President and member of the board | |
3667057 Canada, Inc. | Since 8/21/98 | ||
Whitney Canada, Inc. | Since 10/5/98 | 5945 Airport Road, Suite 260, Mississauga, Ontario L4V 1R9, 905-678-1070
Also reported at 3780 Fourteenth Ave. Suite #209, Markham, ON L3R 9Y5 |
President and member of the board
Subsidiary of 1311448 Ontario. Inc. |
Whitney Internet Services, Inc. Incorporated in WY 6/8/99 |
7/23/99 | 4818 Coronado Parkway Cape Coral, FL 33904 |
President and member of the board
Officer/Director PCD |
Whitney Mortgage.com, Inc. | 9/30/99 | 4818 Coronado Parkway Cape Coral, FL 33904 800-905-7407 |
Unknown |
Market Power, Inc. incorporated in WY |
1/31/00 | 4818 Coronado Parkway Cape Coral, FL 33904 |
Whitneys wife is officer/director PDST |
Whitney Education Group, Inc. | 11/12/92
Formerly WIN Systems, Inc. Predecessor company started in 1987 |
4818 Coronado Parkway Cape Coral, FL 33904 or 1612 Cape Coral Parkway, Suite A, Cape Coral, FL 33904 239-542-0643 |
Officer/Director CD |
Building Wealth | ??? | ??? | ??? |
Visibility Consulting, Inc. | Around 1999 | PR firm | |
WIN Systems, Inc. | around 5/1/98 | 9970 Wayzata Boulevard, St. Louis Park, MN 55426 | Unknown |
Whitney Boat Company, Inc. | 2/3/99 | 2400 E Las Olas Blvd. PMB 120 Fort Lauderdale FL 33301 |
Officer/Director PD |
Whitney Leadership Group, Inc. | 3/26/91 | 4818 Coronado Parkway Cape Coral, FL 33904 |
Officer/Director STDP |
Mortgage Reduction System/EquityCorp. or
MRS Equity Corp. |
Since 3/92
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4818 Coronado Parkway
Cape Coral, FL 33904 |
Majority owner and corporate employee
Subsidiary of Equity Corp. Holdings, Inc. |
RAW, Inc. (apparently not registered with the state of FL) | Since 2/95 | Cape Coral, FL | president |
Real Estate Success System | Unknown | Unknown | Unknown |
Precision Software Services, inc. | Since 8/93 | Unknown | Controlled by Russ Whitney according to SEC filings by Whitney Information Network, Inc. |
Russ Whitneys Wealth Intelligence Network, Inc.
Formerly Real Estate Link (FL corporation) |
Since 2/99
Since 5/26/96 |
230 Crown Oak Centre Drive Longwood, FL 32750 |
President and member of the board
subsidiary of Whitney Information Network, Inc. |
International Administrative Services, Inc. | 1999-current | Unknown | Unknown |
Youngers Life Insurance Clearinghouse | 1999-current | 800-897-2671 | Unknown |
Empire Financial Group | 1999-current | 800-569-3337 | Unknown |
Real Estate Hotline | 1999-current | 800-741-7877 | Unknown |
UGetPaid.com | 1999-current | 800-469-5046 | Unknown |
Listmart | 1999-current | 800-471-5478 | Unknown |
NIAs Property/Casualty Insurance Clearinghouse | 1999-current | 800-966-2155 | Unknown |
BarterNews | 1999-current | 714-831-0607 | Unknown |
Spencer Edwards, Inc. | a market maker in the company stock | ||
1612 East Cape Coral Parkway Land Trust | Since 2000 | 1612 East Cape Coral Parkway, Cape Coral, FL | Simon is trustee and Whitney Information Network, Inc. is the beneficiary |
Microfinancial Corp.(NYSE MFI) and its subsidiary LeaseComm Corp.
Peter R. Bleyleben is the CEO of Microfinancial. LeaseComm is their main activity. Bleyleben is a Harvard Business School section mate of my wife. A section is about 85 students who got to school all day every day in the same room for the first year. |
Around 2000 | 10825 Financial Centre Parkway, Suite 100, Little Rock, AR 72211 and 950 Winter Street, Waltham, MA 02451 and Newark, CA and Woburn, Ma |
Bleyleben says Whitney was never one of their dealers, but he figures Whitney probably worked with a LeaseComm dealer. According to various Internet complaints and court documents, Whitney urged attendees at business opportunity seminars to sign leases with LeaseComm. There are numerous class action suits against LeaseComm as well as several state attorney general investigations of them and their parent company, Microfinancial. Bleyleben says his firm no longer accepts leases generated at seminars. |
CPI, Inc. | 4818 Coronado Parkway, #19, Cape Coral, FL 33904 239-542-4660 |
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Whitney Information Network, Inc. incorporated in CO |
Predecessor corporations: Gimmel Enterprises, Inc. incorporated 2/23/96 as a shell in search of a business changed name to WIN Systems, Inc. 8/10/98 4/23/01 |
4818 Coronado Parkway Cape Coral, FL 33904 |
Officer/Director CD |
Bird Dog Program | Current | 4818 Coronado Parkway Cape Coral, FL 33904 |
Majority owner and corporate employee |
Russ Whitneys Wealth Education Centers, Inc. (WY corporation) | Since 6/8/99 | Jackson, MS and Atlanta, GA | Unknown
SEC filings by Whitey Information Network, Inc. say there are storefronts with minimal upfront costs located in upscale shopping strip malls and are half funded by local Joint Venture Partners Why would he need Joint Venture Partners if costs are minimal? Are offerings to Joint Venture Partners securities? If so, should they be registered with the state and/or SEC? If so, have they been registered? In his 2001 Form 10-K/A, Whitney said he had abandoned the Education Centers. |
Russ Whitneys Wealth Education Center of Jackson, MS., Inc. (WY corporation) | Since 6/8/99 | Jackson, MS | Closed in 2001 |
Russ Whitneys Wealth Education Center of Atlanta, GA, Inc. (WY corporation) | Since 7/22/99 | Atlanta, GA | Closed in 2001 |
Russ Whitney, Inc. | Unknown | Unknown | Unknown |
WiNet | Unknown | Unknown | Unknown |
Corporation Corp. formerly United States Fiduciary Corp. (telemarketing company) | Current but changed name to Nevada Processing Services, which is run out of a womans home in Oregon | Utah | Unknown |
Nevada Processing Services | Current | ??????? ????, Oregon |
Unknown |
Global Resource Network, a.k.a. GRN | Unknown | Unknown | Unknown |
American Success Stories | Unknown | Unknown | Unknown |
Global Business Network | Unknown | Unknown | Unknown |
Global Resource | Unknown | Unknown | Unknown |
Net Profits Ultimate Cash Flow System | Unknown | Unknown | Unknown |
Winning Edge | Unknown | Unknown | Unknown |
MPAP | Unknown | Fort Myers area | Unknown |
Cardservice International | Unknown | Unknown | Unknown |
E-Commerce Exchange, LLC | around 2000 | Irvine, CA 800-748-6318 |
Whitneys SEC filings say they have an oral agreement with this company. A representative of this company was introduced to the audience at Whitney seminars. The rep then urged attendees to sign a Leasecomm lease for a credit card machine. Apparently they are still doing someting similar only without Leasecomm. |
Internet Development, Inc. | |||
Powersites Network, Inc. | |||
Whitney U.K. Limited | Since 10/01 | Chiswick, England | You can get info about this organization from http://www.companieshouse.gov.uk/info/ |
Rancho Monterey, S.A. | 11/01 | Panama | owned by Whitney Information Network, inc. |
Home Based Business Marketing Group | Unknown | Unknown | Unknown |
Home Based Business Association | Unknown | Unknown | Unknown |
Discount Marketing Direct | Unknown | Unknown | Unknown |
Capital Investment Systems | Unknown | Unknown | Unknown |
American Investors Group | Unknown | Unknown | Unknown |
Manufacturing and construction companies | Around 1994 | Costa Rica | Owner |
Trade Marketing, Inc. | Owned by a relative of Russ Whitney according to SEC filings | ||
SDI a.k.a. Success Development, Inc. | 6/6/03 | Jacksonville, FL | Whitney Information Network, Inc. reportedly signed a management agreement with SDI. WIN also has a 6-month option to buy SDI real estate training assets. SDI was formerly associated with Florida guru Ron LeGrand. |
Whitney Education Network, Inc. | 7/24/03 | Nevada | |
Teach Me To Trade, a.k.a. Teach Me Wall Street, a.k.a. Maverick Trading | Around 2003 | 1480 East 820 North Orem, UT 84097 |
organization started by someone else and now owned and run by Whitney |
Cash Flow Generator | 9799 Old Saint Augustine Road, Jacksonville, FL 32257 (no longer there and 904-886-2985 is disconnected)
Current address appears to be:1612 Cape Coral Pkwy. E. |
Apparently formerly part of the SDI operation (See above) Still has the same 800-number: 800-496-1847 | |
Gulfstream Development Corporation | Fort Myers, FL area | Whitney owns 25% according to his 2004 Whitney Infomation Network, inc. annual report. Persons attending seminars in Cape Coral, FL apparently are urged to buy lots or houses from Gulstream. In 2004, 282 did according to the annual report. Dan Kelly is reportedly another owner. He is the guy who was Whitney’s friend and partner in Schenectady, NY then moved to FL with him in the early 1980’s. | |
SCO | Utah | Associated with uSight below | |
uSight | Utah | Apparently another company that pushes Leasecomm type stuff. One Internet posting says Whitney was associated with Bert Young of uSight. |
I am seeking the following information about the above affiliations:
location of the fictitious name statement required to be filed with the county
names and contact information of employees and owners who knew Whitney
correct address of the company in question
dates of Whitneys affiliation with the company in question
any litigation involving the organization relating to the period of Whitneys affiliation
any public documents relating to the company during Whitneys affiliation
any complaints (e.g., BBB, consumer agencies, Internet bulletin boards, etc.) about the company during Whitneys affiliation
any bankruptcy of the company in question
any credit problems of the company during Whitneys affiliation
nature of Whitneys affiliation with the company
documents required to be filed with the government with regard to non-profit organizations (National Association of Real Estate Investors)
any other information you think might help me
I have written a number of articles on Whitney Information Network, Inc.
There are a number of possible explanations for so many different companies, company names, and subsidiaries:
He wants to impress unsophisticated prospective customers with what a big conglomerate tycoon he is. Sophisticated persons would likely recognize that this is an excessive number of separate companies. You dont need a new company name for every product or service. Indeed, in its SEC filings, Whitney Information Network, Inc. says that many of these companies offer the same products and services. Why have more than one name to offer the same thing?
He is a flake.
When one of his companies accumulates Better Business Bureau or other publicly available complaints, he changes the company name to avoid being hampered by the reputation of the old company.
Its an asset-protection scheme to make it harder for anyone to sue him successfully, or collect if they do, because they have done business with various small entities, each of which has to be sued separately and collected against separately.
He is trying to capitalize on various business fads like real estate, the Internet, e-commerce,
Copyright 2003 by John T. Reed
Last updated 3/12/03
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