David Bunevacz, the former president of Beverly Hills 6750, is presently in Manila working on his case against his former
business partners.
SPECIAL REPORT (PART II): Beverly Hills 6750’s U.S. partner clinic no longer in operation
Friday, February 1, 2008
01:18 PM
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GHOST OFFICE. In the course of PEP's research, it obtained a copy of the Franchise Agreement between the Beverly Hills Surgical Institute, represented by one Thomas Oseransky, the company's vice-president for operations, and the Beverly Hills Cosmetic Surgery, represented by one David J. Bunevacz.
The Agreement was "entered into 8th day of September 2005" and signed by both parties on "December 2005." The Agreement stated that the Beverly Hills Surgical Institute held office at 2236 S. Barrington Avenue, Los Angeles, California, USA, 90064.
PEP tapped a private investigator-female, professionally licensed, and based in Los Angeles-to secure photographs of the office building mentioned in the Agreement. She did. Those photos are uploaded HERE.
Clearly, the building façade bears no sign of the Beverly Hills Surgical Institute.
It is now 2008. Could the Institute have been an occupant in 2005 but moved out after December that year? To find out, our U.S.-based investigator did additional research on the office building's history. She focused particularly on 2005, the year the Agreement was presumably prepared and signed, and the year the Agreement clearly stated that the Institute held office there.
These disturbing facts emerged: In the months of September to December 2005, when the contract was purportedly prepared and signed by Beverly Hills Surgical Institute and Beverly Hills 6750, the building in question was vacant. It had no occupants.
Inquiries made by the American researcher with listed U.S. brokers also revealed: "The location had been vacant since February 2005."
In other words, the Beverly Hills Surgical Institute could not have held office in 2236 S. Barrington from September-December 2005 because the building was empty at the time. The building had definitely no tenants from February-December 2005, and possibly beyond that time. How then could the Institute have claimed, in a legal document such as the Franchise Agreement, to be holding office there?
HOW BUSINESS FLOPPED. PEP's American investigator confirmed, however, that the Beverly Hills Surgical Institute was in operation in 1999. Originally, she noted, three anaesthesiologists formed the partnership of the beauty establishment that grew to over 10 clinics throughout Southern California: Beverly Hills, Encino, Oxnard, San Gabriel, Thousand Oaks, Torrance, Valencia, Upland, Long Beach, Irvine, Pasadena, and Riverside.
The U.S. investigator further reported: "But in early 2002, the partners were said to have a falling out and BSSI's assets were dissolved into two separate entities. The first group, consisting [of] two of the three original partners formed a new corporate group called Beverly Hills Physicians, which held offices in Beverly Hills, Encino, Oxnard, San Gabriel, Thousand Oaks, Torrance, and Valencia. http://www.beverlyhillsphysicians.com/facilities/encino.php
"The other group was led by the third partner, Dr. Daniel Shin and retained the name Beverly Hills Surgical Institute. However, as part of the agreement among original partners, he did not get the Beverly Hills address. Instead, the main office was set up in Long Beach. It also had offices in Upland, Irvine, Pasadena, and Riverside-all in California.
"By early 2005, three of its [Dr. Shin's] five offices closed down, leaving the Long Beach and Upland offices open. By end of 2006, these two remaining offices were closed and, to date, BHSI no longer has an office."
TIME WARP. The major inconsistency in David Bunevacz's pronouncements lies in the time frames.
Note: Beverly Hills 6750 was launched in late October 2006.
Bunevacz wrote in his email to PEP (published as is): "It was only a few months after we signed our agreement had Dr. Shin separated from his partners and went on his own..." Actually, David and Dr. Shin signed their Agreement during the period September-December 2005, but Dr. Shin had severed ties with his partners as early as 2002.
Therefore, when David told the Filipino public in November 2006 that Beverly Hills 6750 was affiliated with a highly successful franchise, he conveniently forgot to mention that, four years earlier, the franchise he was crowing about had been cut to less than half of its original clinic reach. Dr. Shin's side of the business, according to our U.S. investigator, could not claim to have more than five clinics, and these were around for the rough total of only one year.
David's email continued (published as is): "[Then] recently, as in the past few months have they shut down their other clinic because of financial problems that they had."
David's email was dated December 27, 2007. Our U.S. investigator asserts that the last two offices of Beverly Hills Surgical Institute, the operation Dr. Daniel Shin ran, closed down "by the beginning of the fourth quarter of 2006."
That puts the Institute's closure at September 2006, or more than a year before David's email, and not "recently, as in the past few months," as he claimed.
More disturbing, if no one had asked, the public would not even have been told that the Institute had closed as far back as 2006.
- PART I: David Bunevacz dragged into Winter Olympics ticket scam
- PART II: David Bunevacz dragged into Winter Olympics ticket scam
- QC RTC issues warrant of arrest for David Bunevacz on three cases of estafa
- Beverly Hills 6750 affirms PEP's investigation on non-existent U.S. affiliate
- SPECIAL REPORT (PART I): Beverly Hills 6750’s U.S. partner clinic no longer in operation
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