Were you ripped off by The Omicron Group LLC?

Here are some names and numbers to help get your money back.

The Omicron Group LLC consists of the following members:

KESSEL, ROY 3255 N ARLINGTON #510, ARLINGTON HEIGHTS, IL - 60004
ABERNATHY,RON 1211 N MILLER RD, SCOTTSDALE, AZ - 85257
MERRELL, GARY 5407 CEDAR TREE LN, EMERALD ISLE, NC - 28599
WEISS, ARTHUR 165 HURLBUT ST, PASADENA, CA - 91105

Roy Kessel is the signatory on the Omicron bank account.

Some additional information:

Roy Kessel is a licensed attorney in Illinois. His firm is Bassetti-Kessel Bassetti Kessel, P.C.

Law firm's phone number: 847-666-5636

Omicron employees: Pete Force and Joann Bonis

Roy's LinkedIn page: Roy Kessel - LinkedIn

He is a professor of law at Northwestern University.

Roy's Facebook page: Roy Kessel - Chicago, IL | Facebook

Another one of Roy's ventures (according to Art Weiss, this is where Omicron's money went): fourdiamondcapital.com

Roy's phone number (312) 498 4653

The Omicron number is (877) 727 5615

File complaints against Roy by using this: website https://www.iardc.org/clientprotection.html

Illinois State Attorney General Consumer Fraud Hotline: (800) 386-5438 (Chicago)

FBI Chicago Field Office: (312) 421-6700

Roy's last known address:

931 Twisted Oak Lane
BUFFALO GROVE, IL 60089 (847) 215-6292

Roy Kessel Omicron Ponzi Scheme

BEFORE THE HEARING BOARD
OF THE
ILLINOIS ATTORNEY REGISTRATION
AND
DISCIPLINARY COMMISSION

In the Matter of:

ROY D. KESSEL,

Attorney-Respondent,

No. 6207229.

Commission No. 2010PR00043

FILED - April 21, 2010


COMPLAINT


Jerome Larkin, Administrator of the Attorney Registration and Disciplinary Commission, by his attorney, Meriel Coleman, pursuant to Supreme Court Rule 753(b), complains of Respondent Roy D. Kessel., who was licensed to practice law in Illinois on November 11, 1991, and alleges that Respondent has engaged in the following conduct which tends to defeat the administration of justice or to bring the courts or the legal profession into disrepute:

Breach of fiduciary duty to investors in Omicron Group, LLC

1. At all times alleged in this complaint, Respondent owned and operated a law firm in Arlington Heights styled as "Bassetti Kessel," which was sometimes also known as the "Law Office of Roy Kessel" or "Capital Law Group P.C."

2. At all times alleged in this complaint, AG Capital Partners, LLC, was a New Mexico company that sometimes conducted business as "The Omicron Group, LLC" ("Omicron"). Respondent was a partner in Omicron and his law firm acted as Omicron's legal counsel.


3. Beginning in or around November, 2007, and continuing through November, 2008, Respondent participated in scheme by which he and others advised 93 individuals ("the investors") of a purported opportunity to invest in Omicron by making "investments loans" to Omicron. Respondent and others told the investors those "investment loans" were to be used for purposes of "trading platforms" and other purported investment opportunities. Respondent and his business associates also told the investors, both orally and in writing: that Omicron would use the investors' money to invest in trading platforms; that the investors could expect an annual return of the greater of fifteen percent (15%) paid quarterly, or 60% of the net profits generated by Omicron; that their initial investments would be secure because none of the money obtained from the investors would be placed directly in trade; that the funds in the trading account would be leveraged by the trader and never touched; and that investors could request withdrawals from their account which would be paid out within 72 hours.

4. Between November, 2007 and November, 2008, Respondent and others agreed to accept at least $1,915,205 in purported "investment loans" from the investors; provided those individuals with purported loan agreements and promissory notes consistent with the terms described in paragraph three, above, relating to investment platforms; and promised to repay the loans with investment returns one year after the loan agreement.

5. Pursuant to the agreements for the investment loans referenced in paragraph three, above, the term of the purported "investment loans" were to be one year, calculated from the first day of disbursement, or on demand of the lender.


6. Between November, 2007 and November, 2008, as part of the purported investment opportunity described in paragraph three, above, Respondent entered into escrow agreements with the investors in which he agreed that Bassetti Kessel, the Law Office of Roy Kessel, or Capital Law Group P.C. would act as escrow agent for funds that the investors gave to Respondent to fund the purported "investment loans" to Omicron. Respondent requested and received at least $500 from each investor in consideration for his agreement to act as escrow agent.

7. By agreeing to act as "escrow agent" in connection with the purported :investment loans, Respondent created a fiduciary relationship between himself and the investors whose funds he agreed to receive and hold in a separate, secure account. Therefore, Respondent owed those investors the duty to exercise the highest degree of honesty and good faith in receiving and holding their funds in connection with the purported "investment loans."

8. Between November, 2007, and November, 2008, Respondent caused $22,693,162.89, which included $1,915,205 that Respondent received from investors pursuant to the escrow agreements described in paragraph six, above, to be deposited into one of the following accounts he controlled: National City account number 985684151; National City account number 985683781; Chase Bank account number 773237185 (and three associated savings accounts); or Chase Bank account number 733236559. Respondent was the sole signatory on all those accounts.


9. Between December, 2007, and March, 2009, Respondent made a series of disbursements and directed a series of transfers to various accounts maintained by Respondent and his business associates. Respondent also used the account to make periodic payments of purported interest and principal to investors. Those payments were not made from the purported profits of the Omicron investments, but was instead made with money obtained from other investors in what is commonly referred to as a "Ponzi scheme". As of March 31, 2009, Respondent's activities had drawn the balances to account number 985684151, account number 985683802, account number 985683781 and account number 773237185 (and the three associated savings accounts) to zero and the balance of account number 733236559 to $44.42.

10. At no time after receiving the funds from the investors did Respondent invest their funds in a secure investment opportunity from which any of the investors benefitted.

11. As of the filing of this complaint, Respondent owed various investors $1,866,316.31, which represented the difference between the amounts Respondent had received from the investors and the amounts that had repaid to one investor.

12. By the reason of the conduct described above, Respondent has engaged in the following misconduct:

breach of fiduciary duty;

conduct involving dishonesty, fraud, deceit or misrepresentation, in violation of Rule 8.4(a)(4) of the Illinois Rules of Professional Conduct;

conduct which tends to defeat the administration of justice or bring the courts or the legal profession into disrepute, in violation of Supreme Court Rule 770.


WHEREFORE, the Administrator requests that this matter be assigned to a panel of the Hearing Board, that a hearing be held, and the panel makes findings of fact, conclusions of fact and law, and a recommendation for such discipline as is warranted.




Meriel Coleman
Counsel for the Administrator
One Prudential Plaza
130 East Randolph Drive, Suite 1500
Chicago, Illinois 60601-6219
Telephone: (312) 565-2600
Respectfully submitted,
Jerome Larkin, Administrator
Attorney Registration and
Disciplinary Commission

By: Meriel Coleman

http://sec.gov/litigation/complaints/2011/comp21989.pdf



Before late 2008, Abernathy and Weiss solicited money from one or more
investors for investment in an entity named The Omicron Group, LLC (“Omicron”). On May
17, 2010, the California Department of Corporations issued a Desist and Refrain Order against
Abernathy, Weiss and others in connection with their involvement in Omicron. That order:
(i) concludes that Abernathy and Weiss were managing members of Omicron; (ii) concludes that
Abernathy and Weiss made material misstatements and/or omissions in connection with the offer
and sale of securities related to Omicron; (iii) prohibits Abernathy and Weiss from making
further material misstatements and/or omissions in connection with the offer or sale of any
securities (including promissory notes) within the state of California; and (iv) concludes that
such relief is necessary to protect investors. Investors in Omicron lost approximately
$6,800,000.