PRESS RELEASE
March 24, 2017, TORONTO ONTARIO:
Mr. Goudas thanks all the people that have stood by him and assisted him through the recent events in his life.
Mr. Goudas spent his entire life to provide the best quality foods for Canadian families, was foremost in introducing a line of ethnic products into Canadian grocery chains and independent stores reflecting the multicultural nature of Canada.
Additionally, he has been a very charity-oriented individual providing food assistance to senior citizen homes, churches, the homeless, charitable organizations, food banks, destitute people and nations across the globe.
Peter believed he was making his products available to a wider public in Canada, the USA, and the Caribbean by taking the company to the next level by increasing sales to one billion dollars corporation when he was persuaded into selling his business to a public enterprise operated by A.C. Simmonds Group. Little did he know that the purchasers were unscrupulous con-artists.
At the beginning of 2014, he was planning to sell one of his companies (Goudas Food Products and Investments Ltd. ) to BLVD Holdings Inc. a public company recently incorporated in Nevada and operated by John Simmonds on behalf of A.C. Simmonds & Sons Inc.
Peter was told that A.C. Simmonds & Sons Inc. was a well-established company operating in Canada for over 100 years manufacturing products from fluorescent light tubes to mattresses.
Unbeknownst to Mr. Goudas, he had just become a victim of a scam.
It took John Graham Simmonds and his team just four and a half months to drive (Goudas Food Products and Investments Limited) into the ground, forcing the company into bankruptcy.
In the process, John Graham Simmonds and his gang have ruined the good name of Mr. Goudas and related Goudas trademarks and created havoc in the food market.
Thankfully, most of the individuals involved in this scam have been arrested by the police for various offenses including fraud, forging documents, conspiracy to commit fraud, false prospectus, and they soon will face a criminal trial.
At the age of 75, Peter has lost one of his businesses that he has worked his entire life for and he is now fighting to recover his reputation.
He has launched a civil action against numerous parties who have caused this disaster including the Royal Bank of Canada, the receiver-manager (Duff & Phelps Canada Restructuring Limited aka KSV Kofman Inc.), John Graham Simmonds and numerous other parties.
Peter values your moral support and is prepared to maintain this fight in the public eye so that others do not suffer a similar fate.
Any comments or inquiries can be sent to CNN@CNNADS.COM or you can follow the updates on www.goudasfoods.com
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PRESS RELEASE
April 3, 2017, TORONTO ONTARIO:
Update to the press release of Peter Goudas on March 23, 2017.
The Royal Bank of Canada and KSV Advisory Inc. (formerly Duff & Phelps Canada Restructuring Limited) have set a hearing for tomorrow on the Commercial List , 330 University Avenue, Eight Floor on April 4, 2017, for the purpose of setting a motion to bring Peter Goudas to court in an attempt to strike out Mr. Goudas claims against them without a trial.
The court date of April 4 was selected by the Royal Bank and KSV and is the same date and time as the hearing date in the criminal court in Newmarket where the gang of 9 individuals who are charged with criminal offences committed against Mr Goudas Foods which caused that bankruptcy and millions of dollars in loss and damages.
The Royal Bank and KSV are large international organizations that know that Peter Goudas is representing himself. Peter Goudas believes the timing of this Commercial List hearing by the Royal Bank and KSV was intended by them to coincide with the hearing in Newmarket.
This timing has caused Peter Goudas to be compelled to choose to miss one of these events.
The Royal Bank is using the law firm "Osler, Hoskins & Harcourt LLP who have over 470 lawyers and KSV is utilizing the services of Aird & Berlis LLP with over 140 lawyers. Peter Goudas has no lawyer.
Peter values your moral support and is prepared to maintain this fight in the public eye so that others do not suffer a similar fate. Any comments or inquiries can be sent to CNN@CNNADS.COM you can follow the updates on www.goudasfoods.com
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AN EARLY CHRISTMAS GIFT FOR SPYROS PETER GOUDAS
POLICE LAY CHARGES IN $30 MILLION FRAUD INVESTIGATION Dec 2016
CHARGES LAID IN $30 MILLION FRAUD INVESTIGATION
Posted on Tuesday, December 20, 2016
Investigators with the York Regional Police Major Fraud Unit have arrested nine people and laid 42 charges in connection to a criminal organization responsible for defrauding, businesses, banks and private investors of more than $30 million dollars.
In November 2014, York Regional Police commenced an investigation into the accused John SIMMONDS and his company AC Simmonds Group.
Police and the Ontario Securities Commission received several complaints from victims alleging they had been defrauded by Simmonds and his co-accused.
In early 2014, the company BLVD Holdings, one of the 80 shell companies registered by Simmonds Group began the process of acquiring a food shipping company in York Region.
AC Simmonds was to purchase the company for $10 million from the original owner who had started the company and operated it for the past 45 years.
Once Simmonds took control of the business, he replaced the current system for maintaining the financial records to misrepresent the financial status of the company.
Simmonds and his co-accused, systematically submitted fraudulent documentation from one of his many shell companies and business interests to increase the value of the company in order to secure additional money from lenders, creditors and investors.
Between April and August 2014, in the 5 months that Simmonds had taken control of the food company, he funnelled large sums of money out of the existing business to himself, the co-accused and his shell companies to the point of bankrupting the food company.
The total fraud value at this time is believed to be over $30 million.
Anyone with information or anyone who has had business agreements with BLVD Holdings or AC Simmonds Group are asked to contact Detective Ken Bardai with the York Regional Police Major Fraud Unit at 1-866-876-5423, ext. 6671, Crime Stoppers at 1-800-222-TIPS, leave an anonymous tip online at www.1800222tips.com or text your tip to CRIMES (274637) starting with the word YORK.
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Charged:
- John SIMMONDS, 66, of King
- Carrie WEILER, 57, of Nobleton
- Ian BRADLEY, 71, of Toronto
- Donald FENTON, 67, of Toronto
- Jason WILLIAMS, 44, of Severn
- Michael GRIECO, 63 of Vaughan
- Deborah SIMMONDS, 56, of Aurora
- Tyrone GANPAUL, 67, of Mississauga
- John MPARDAKIS, 45, of Toronto
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Charges Include:
- Fraud Over $5,000
- Conspiracy to Commit an Indictable Offence
- Use a Forged Document
- Fraud-Other Means
- Laundering Proceeds of Crime
- Possession of Property Obtained by Crime
- Fraud Affecting Public Market
- False Prospectus
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CBC NEWS
Posted: Dec 21, 2016
'I lost my life,' complainant in $30M fraud investigation says
9 people accused of funneling money to support a 'lavish lifestyle,' say police
Two years ago, Peter Goudas sold his beloved business to a company that's now part of a $30 million fraud investigation. (Peter Goudas)
York Regional Police say even more potential victims are coming forward in a $30 million fraud investigation.
Nine people, including prominent Ontario businessman and ClubLink co-founder John Simmonds, are facing 42 fraud-related charges.
Peter Goudas, 78, who sold his business to Simmonds, is one of their alleged victims.
He told CBC Toronto he was forced to watch as his recently-sold company was driven into the ground in just five months in what police are describing as a "planned bankruptcy."
From food empire to bankruptcy
In 1967, Goudas came to Canada from Greece and eventually grew his company, Goudas Foods, into a leading Canadian supplier of international food products with more than 600 brands.
Business owner Peter Goudas on the cover of Metropolitan Toronto Business Journal in November 1992,
more than two decades before an alleged fraud operation bankrupted Goudas Food. (Peter Goudas)
Two years ago, he sold his beloved business for $10 million to BLVD Holdings Inc. — a company police now say is one of 80 shell companies registered by AC Simmonds Group, the Simmonds-operated company at the heart of their fraud investigation.
Goudas said Simmonds seemed to have the money to grow his business.
But police said once Simmonds took control, he allegedly replaced the system for maintaining the financial records to misrepresent the financial status of the company.
Simmonds and his co-accused then allegedly submitted fraudulent documentation from one of his many shell companies and business interests to increase the value of the company in order to secure additional money from lenders, creditors, and investors.
York police Det. Ken Bardai said the money — about $30 million in all — was then funneled out to the various shell companies.
Five months after it had been sold, Goudas Foods was bankrupt.
'Just the tip of the iceberg'
Bardai said it appears that Simmonds and his organization were using the money to support "a lavish lifestyle."
Now, several more complainants have come forward. "I believe this is just the tip of the iceberg," Bardai said.
As for Goudas, he's left with nothing.
The $10 million he received in the deal with Simmonds is gone, re-invested into his now-bankrupt former company. The people who were once his employees are now jobless, without severance pay.
"I lost my life," he said. "Forget about the $10 million."
9 facing fraud-related charges
Nine people in total are facing various charges, including fraud over $5000, conspiracy to commit an indictable offense, and laundering proceeds of crime:
- John Simmonds, 66, of King City
- Carrie Weiler, 57, of Nobleton
- Ian Bradley, 71, of Toronto
- Donald Fenton, 67, of Toronto
- Jason Williams, 44, of Severn
- Michael Grieco, 63 of Vaughan
- Deborah Simmonds, 56, of Aurora
- Tyrone Ganpaul, 67, of Mississauga
- John Mpardakis, 45, of Toronto
Police are asking anyone with information, or anyone who has had business agreements with BLVD Holdings or AC Simmonds Group, to contact Det. Ken Bardai at 1-866-876-5423, ext. 6671 or Crime Stoppers at 1-800-222-TIPS.
With files from Linda Ward
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York police lay 42 charges in $30 million fraud investigation
Nine people facing charges including fraud and money laundering
CBC News · Posted: Dec 21, 2016 8:15 AM ET | Last Updated: December 21, 2016
Nine people are now facing charges in connection to the investigation. (Greg Ross/CBC)
York Regional Police have laid 42 charges in connection to a criminal organization responsible for defrauding businesses, banks and private investors of more than $30 million dollars.
Nine people are facing charges after the Police and the Ontario Securities Commission received several complaints from victims alleging they had been defrauded.
Police say that in early 2014, a company called BLVD Holdings, one of 80 shell companies registered by AC Simmonds Group, began the process of acquiring a food shipping company in the York Region.
The food shipping company was purchased for $10 million from the original owner, who had founded it and operated it for the past 45 years.
Once AC Simmonds Group took control of the business, police say it replaced the current system for maintaining the financial records to misrepresent the financial status of the company.
One of the accused then allegedly submitted fraudulent documentation from another shell company he owned to increase the value of the company and secure additional money from lenders, creditors and investors.
Between April and August 2014, police allege large sums of money were funneled out of the food company to the group of co-accused. Police believe the total fraud value is more than $30 million.
Among the charges faced by the nine co-accused is the fraud over $5000, conspiracy to commit an indictable offense, and laundering proceeds of crime.
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King businessman John Simmonds rearrested, faces more charges
NEWS Feb 03, 2017 by Tim Kelly King Connection
King businessman John Simmonds, who already faces 11 charges related to a $30M fraud against food shipper Mr. Goudas, was rearrested Thursday morning by York Regional Police.
Simmonds faces new charges: two counts of participating in a criminal organization, that being A.C.Simmonds, committing an indictable offence of fraud over $5,000, conspiracy, laundering proceeds of crime and possession of property obtained by crime; and two counts of not complying with the bail conditions he was issued when he was first arrested last year.
Also arrested was Simmond's decades-long corporate secretary and CEO Carrie Weiler of Nobleton who was also charged with four fraud-related counts.
Weiler was granted bail, while Simmonds bail hearing was held over until Friday morning.
Simmonds plans to plead not guilty to all charges.
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When is the SERIAL SIMMONDS FRAUDSTER going to trial in Bracebridge? I may consider flying up from New Jersey just to sit in the court gallery and stare at this douchebag a hole Fraudster.
John, BUBBA is calling for your pasty plump white ass......the longer BUBBA waits, the more pain your ass will endure.
Ditto for ALL ASS, GREEKO, SWILLIAMS, and the rest of the SETIAL SIMMONDS fraudster crew. it must be a mental grind, knowing that you all will be convicted, but having to wait it out......GOOD LUCK FRAUDSTERS.....HAHA
Goudas, not sure what is happening with Fanotech. I do know that Simmonds is handing out free samples of his new ASStroglide knock off to GREEKO, ALL-ASS, and SWILLIAMS, plus a few other FRAUDSTERS.
Preliminary reports, through sources that wish to remain anonymous of course, inDICKate that the new formulation will ASSist in deferring the intense pain ASSociated with repeated gang butt rape at the hands of BUBBA and friends.
Go FRAUDSTERS go, we are all cheering for you to WIN your date with BUBBA.
Are you the least bit surprised?
These FRAUDSTERS set this whole scam up to bilk investors, the RBC, and anyone else with the misfortune to have crossed their paths. Put a fork in it, ACSX is done, ditto with Pacific software (PFSF).
Q. There are at least (12) open civil suits that the SERIAL SIMMONDS FRAUDSTER has yet to file a defense to....WHY?
If you are not guilty, you defend yourself, don't you?
Narcissistic FRAUD ARTISTS are usually short on truths, long on 1/2 truths and complete fabricated BS. THE SERIAL SIMMONDS FRAUDSTER is a conman, playing on the greed gene we all share.
Butt (spelled incorrectly on purpose) ....If 1/2 of the FRAUD that the Duff & Phelps report outlines was committed by SIMMONDS and his groupies, then he deserves to be sent away for a long time....to Chad, or something......
Don't worry Bubba, John Graham Simmonds will not disappoint.....He will be there to be your biatch soon.
