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Peter Spyros Goudas Sues Royal Bank and 37 Other Companies – Like David and Goliath

Peter Spyros 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 end of March of 2014, Mr Goudas sold 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 offences 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.

Anyone who has attempted to gain compensation from a Bank or large international corporation through the courts will know that Peter Spyros Goudas is in for a difficult and expensive fight. 

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 

Peter Spyros Goudas has approved this press release and can be directly contacted at the above e-mail address.