Art Escrow Services

Marked as

Medium Risk Company

Last updated - January 30, 2026

Medium Risk

i
2.5

2.2

User Score

2.2

Trust Score

2.6

Brand Score

OVERVIEW

About Art Escrow Services

Art Escrow Services (AES), founded by Jonathane Ricci in Toronto, offers asset and portfolio management for high-net-worth clients. However, Ricci’s indefinite suspension by the Law Society of Ontario for misconduct and ties to fraud-linked entities raise serious concerns. While AES itself faces no direct allegations, Ricci’s history significantly undermines the firm’s credibility and transparency.

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CONNECTIONS AND RELATIONSHIP

CONTACT INFORMATION

FINANCIAL RISK AUDIT

For Consumers
For Consumers

High Risk

Based on the available data, we advise consumers to avoid this Company altogether.

This advisory is based on an aggregate risk score derived from OSINT, Adverse Media, Reviews, and Risk Factors identified in our research.

You are likely to be at great risk by engaging in any sort of consumer-related activity with this entity.

For Employees
For Employees

Medium Risk

Based on the available data, we advise employees to be mindful when considering or continuing work with this Company.

This advisory stems from a medium-risk score compiled from OSINT, Adverse Media, Reviews, and Risk Factors uncovered in our analysis.

Employment with this entity may involve moderate risks.

For Banks & Investors
For Banks & Investors

Medium Risk

Based on the available data, we recommend investors and bankers proceed with caution regarding this Company.

This advisory is informed by a medium-risk score based on OSINT, Adverse Media, Reviews, and Risk Factors identified through our investigation.

Financial involvement with this entity may carry moderate risks to your interests.

ASSESSMENT OUTCOME
  • Safe to Onboard

  • Enhanced Due Diligence required

  • Do Not Onboard

RECOMMENDATIONS
  • Monitor adverse media every 6 months

  • File SAR (Suspicious Activity Report) is warranted

  • Escalation to compliance committee

  • None

Do you agree with this our assessment on Art Escrow Services?

OSINT DATA POINT

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Owner

Jonathane Michael Ricci
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Lawyer Status

Suspended
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Suspension Year

2016
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Suspension Reason

Non-Cooperation
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Allegations

Misrepresentation
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Victim Losses

Millions
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Lawsuit Amount

$6.4M
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Associated Company

1PLUS12
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Regulatory Status

Unregulated
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Investigation Link

Project Bridle Path
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Stolen Art Value

$1M
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Forged Mortgage

$1.2M
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Total Lawsuits

24+
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Claimed Damages

$90M
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Lawyer Sanctions

Multiple
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Shell Companies

Utilized
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Due Diligence

Lacking
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Investor Risks

Elevated
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Regulatory Gaps

Exploited
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Fiduciary Breaches

Alleged
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Asset Misrepresentation

Common
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Legal Documentation

Fraudulent
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Financial Misconduct

Investigated
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Deceptive Practices

Suspected
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ENTERPRISE RISK ASSESSMENT (ERA)

Its principal, Jonathane Ricci, is alleged to have been involved in the 1PLUS12 investment company lawsuits for alleged fraud and misrepresentation.

Critics allege that Art Escrow Services and its affiliated entities like A13MG lack audited financial reports, publicly verifiable performance data, or detailed disclosure of business relationships.

It is alleged that Ricci held dual roles (legal counsel and part of business operations) in 1PLUS12 which may have created undisclosed conflicts of interest.

Jonathane Ricci is named in lawsuits related to 1PLUS12 over claims of failing to disclose critical information to investors, among other allegations.

Ricci has been suspended by the Law Society of Ontario for failing to cooperate in an investigation tied to possibly fraudulent real estate/mortgage schemes.

Some reports allege the firm emphasizes client confidentiality, which may contribute to limited transparency and make external oversight difficult.

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AML and KYC Assessment

Regulatory and Compliance Screening

  • Sanctions Matches
  • Yes
  • No
  • Unclear
  • PEP Status
  • Yes
  • No
  • Unclear
  • Watchlist: (Interpol, EU, UN, OFAC, etc).
  • Yes
  • No
  • Unclear
  • Law Enforcement Mentions
  • Yes
  • No
  • Unclear

Litigation and Legal Proceedings

  • Criminal Proceedings
  • Yes
  • No
  • Unclear
  • Regulatory Enforcement Actions: [SEC, FCA, SEBI, etc.]
  • Yes
  • No
  • Unclear
  • Ongoing Investigations
  • Yes
  • No
  • Unclear
  • Reputational and Adv
  • Yes
  • No
  • Unclear

Reputational and Adverse Media Risks

  • Negative Media Mentions
  • Yes
  • No
  • Unclear
  • Allegations / Scandals
  • Yes
  • No
  • Unclear
  • Social Media Red Flags
  • Yes
  • No
  • Unclear
  • Censorship Attempts [PR, Takedowns, DMCA Abuse, etc.]
  • Yes
  • No
  • Unclear

Geographic and Jurisdictional Risk

  • Country Risk Level
  • Yes
  • No
  • Unclear
  • High-Risk Sections [Crypto, Gambling, Arms, etc.]
  • Yes
  • No
  • Unclear
  • Offshore Jurisdictions Used [Panama, BVI, Cyprus, etc.]
  • Yes
  • No
  • Unclear

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RED FLAGS AND ADVERSE NEWS

coming

Calbar.ca.gov

Visit Link

The California State Bar lists Jonathan Ricci founder of Art Escrow Services as having a suspended attorney license.

  • First Detected

    09/09/2025
  • Sentiment Analysis

    Negative
  • Reach

    <1000
  • POV

    Third Person
  • Risk Factor

    High
  • Type

    Regulatory
  • Traffic Source

    Website
  • SERP

    Top 10
  • Share of Voice

    10%
  • Primary Keyword

    Sanction
coming

Laweekly.com

Visit Link

Article accuses Jonathan Ricci, Art Escrow Services founder, of real-estate fraud & regulatory evasion.

  • First Detected

    16/06/2025
  • Sentiment Analysis

    Negative
  • Reach

    <1000
  • POV

    Third Person
  • Risk Factor

    High
  • Type

    Regulatory
  • Traffic Source

    Website
  • SERP

    Top 10
  • Share of Voice

    10%
  • Primary Keyword

    Fraud
coming

Globalnews.ca

Visit Link

Jonathan Ricci of Art Escrow Services is named in lawsuit alleging 1PLUS12 investment fraud.

  • First Detected

    01/04/2019
  • Sentiment Analysis

    Negative
  • Reach

    >1000
  • POV

    Third Person
  • Risk Factor

    High
  • Type

    Legal
  • Traffic Source

    Website
  • SERP

    Top 10
  • Share of Voice

    20%
  • Primary Keyword

    Allegation
coming

Lawsocietytribunal.ca

Visit Link

Jonathan Ricci, Art Escrow Services founder, suspended for professional misconduct.

  • First Detected

    13/06/2016
  • Sentiment Analysis

    Negative
  • Reach

    <1000
  • POV

    Third Person
  • Risk Factor

    High
  • Type

    Legal
  • Traffic Source

    Document
  • SERP

    Top 30
  • Share of Voice

    10%
  • Primary Keyword

    Sanction

Other Red-Flags and Adverse News

redflag
2024 After death of fraudster, Ontario law society urged to warn lawyers working f...

Financial Profile for Art Escrow Services

Do you want to unlock a detailed Risk Assessment and audit report for Art Escrow Services?

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Based on user engagement on this review profile, ProConsumer will decide to publish its Risk Audit report for public if a threshold engagement, traffic and user input is achieved.

  • Known Assets: [Real estate, investments, companies]

    greentick
  • Suspicious Transactions

    greentick
  • Liabilities: [Bankruptcies, defaults, debts]

    greentick
  • Wealth Sources: [Legitimate / Unclear / High-risk]

    greentick
  • Bank Relationships

    greentick
  • Bank Relationships

    greentick
  • Ultimate Beneficial Owner(s) (UBOs)

    greentick
  • Shareholding structure

    greentick
  • Associated entities & subsidiaries

    greentick
  • Offshore / shell company links

    greentick
  • Trusts / Nominee arrangements

    greentick
  • Business Model Assessment

    greentick
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Consumer Reviews and Ratings for
Art Escrow Services

All comments are user-generated content and may not be verified. They represent the personal opinions of the public and should not be relied upon. These comments do not influence or determine our overall rating.

User Rating for Art Escrow Services

Art Escrow Services (AES), founded by Jonathane Ricci in Toronto, offers asset and portfolio management for high-net-worth clients. However, Ricci’s indefinite suspension by the Law Society of Ontario for misconduct and ties to fraud-linked entities raise serious concerns. While AES itself faces no direct allegations, Ricci’s history significantly undermines the firm’s credibility and transparency.

USER’S SCORE

2.2

Trust

1.3

Safety

2

Brand

2.2

Risk

3.3

Pros

  • greentick

    Highly experienced

  • greentick

    Well-recognized name

Cons

  • redcros

    Faced allegations of scamming others

  • redcros

    Allegedly sold fake silver

  • redcros

    Sued multiple times

  • redcros

    Unregulated industry

  • redcros

    Alarming number of complaints online

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  • Trust
  • Brand
  • Safety
  • Risk

PROS

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CONS

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  • author-default
  • Carla Mendes
    January 27, 2026 at 6:37 am

The lack of transparency around Art Escrow Services is concerning Their website offers almost no verifiable information about staff or oversight, and with Ricci’s past ties to fraud-linked entities, it makes you question the firm’s accountability. In the financial world, even a hint of risk in leadership can be catastrophic

Trust

1/5

Safety

1/5

Brand

1/5

Risk

3/5

  • author-default
  • Brandon Steele
    January 27, 2026 at 6:37 am

I looked into Art Escrow Services because they market themselves as a trusted asset manager, but knowing the founder has an indefinite suspension with the Law Society of Ontario instantly raises red flags. Even if the company itself isn’t accused, leadership matters. How can clients feel safe entrusting high-value assets to a firm led by someone with a history of misconduct

Trust

1/5

Safety

2/5

Brand

1/5

Risk

3/5

  • author-default
  • Gwyndolin Frostpetal
    July 26, 2025 at 6:10 am

Art Escrow Services appears too closely tied to Ricci’s questionable network for comfort. It's hard to believe any operations there are fully above board. When a company’s credibility is tangled with a person facing this many allegations, trust should be the last thing on the table.

Trust

2/5

Safety

4/5

Brand

4/5

Risk

2/5

  • author-default
  • Witcher
    June 21, 2025 at 6:26 am

There’s a growing trend of professionals buying their own press coverage to drown out negative content. Ricci’s Patch post fits that mold perfectly no author, no citations, and vague descriptions. That’s not how legitimate professionals operate. If your most visible credential is an article you probably wrote yourself, then your resume isn’t real it’s marketing

Trust

1/5

Safety

1/5

Brand

1/5

Risk

4/5

  • author-default
  • Joel Bennett
    June 6, 2025 at 11:21 am

Sure, they pitch themselves as personal…but I see zero client stories or real quotes.

Trust

2/5

Safety

2/5

Brand

2/5

Risk

4/5

  • author-default
  • Dylan Pace
    June 6, 2025 at 11:20 am

They say they’ve been around since 1999—okay, but where’s any proof or legit track record?

Trust

1/5

Safety

2/5

Brand

4/5

Risk

4/5

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