Ripoffreport.com is a popular website known for hosting consumer complaints and reports about businesses and individuals. Founded in 1998 by Ed Magedson, the website has become a go-to platform for consumers to share their experiences and warn others about potential scams or deceptive practices.

Despite its significant impact and reach, Ripoffreport.com is not owned by a single individual or company. Instead, it is owned and operated by Xcentric Ventures LLC, a corporation founded by Ed Magedson. Xcentric Ventures LLC is the entity that controls and manages the Ripoffreport.com website.

Ed Magedson, as the founder of both Ripoffreport.com and Xcentric Ventures LLC, has been a controversial figure within the online community. While some see him as a consumer advocate who provides a platform for people to voice their grievances, others criticize him for hosting unverified and potentially defamatory content without proper oversight.

Over the years, Ripoffreport.com has faced legal challenges and criticism for its practices. Despite this, the website continues to operate and remains a popular destination for consumers seeking to raise awareness about their negative experiences with businesses and individuals.

In conclusion, Ripoffreport.com is owned and operated by Xcentric Ventures LLC, a corporation established by its founder Ed Magedson. The website’s ownership structure has been a subject of controversy, but it remains a prominent platform for consumer advocacy and sharing of experiences.