In May (6 months ago), using simple human intelligence and logic, we predicted that Watstock and Hotstock, two apps being introduced to the market by the infamous Carl Freer, would prove to be yet another scam perpetrated by him against his new investors. How could we be so deadly accurate with our prediction?
The standard Carl Freer formula was executed – ingratiating himself with the big names in the field to gain credibility by association, articles in the media, paid for blogging, glossy business plan, quick trips to Amilla Fushi in the Maldives to part the rich and famous from their money while they are under the false illusion that they are immune from evil while relaxing in paradise, a pack of lies to ‘dis-prove’ all the negative exposure of his scams on the internet – it is that simple and that easy.
More paid for glossy drivel from Carl Freer to impress the gullible
The investments came rolling in, and Carl Freer continued rolling out the winning strategy. As with every one of his scams, Carl Freer announces it as “The World’s First . . .” (this time an app that uses artificial intelligence to predict the market over a 10 day period) and sets “The Countdown Clock” – for 70 days and counting to the launch of this phenomenal moneymaking app.
More excitement is produced – more investment is made prior to launch date – in the last 10 days Carl Freer is jumping in and out of meetings telling everybody who would listen that this app will change the world as we know it – it predicts the market with 85% accuracy. Artificial Intelligence, Mass Data Management, Predictive Analysis and Outcome Bias are the trigger words – the 70 day frenzy rolled towards its launch date and then – a day before launch – Watstock changes to Hotstock and a new Countdown Timer starts ticking away.
Watstock is abandoned – the website says it is on its way on 1 October 2017. Well that was 54 days ago – and where is Carl Freer?
He is working on his new project. The “World’s First” crypto currency which uses artificial intelligence.
Ravi Menon, managing director of the Monetary Authority of Singapore, says he wants to use a “regulatory sandbox” approach as a testing ground for ICOs. Coin offerings use cryptocurrencies to raise funds for valuable fintech projects. Carl Freer’s new project wants to be in that sandbox so it can attract more money from investors in as little as half an hour by using blockchain technology.
Ravi Menon you are about to be tested.
Use this site to discover who and what you are dealing with – contact us if you need any information or assistance.
Use your human intelligence to do some thorough due diligence.
The Singaporean Chapter of the Irish Chamber of Commerce invited a serial fraudster to give a lecture – and even charged its members to hear it – on a subject he knows nothing about!
This is not a joke – it really happened.
That is right. Some dolt (that’s an ancient Irish word for a dumb klutz) booked a three times convicted, fugitive from justice, criminal businessman to lecture members of the Irish Chamber of Commerce – on how to be an “Entrepreneur!”
Really – With all the Leaders of Industry in Singapore who are trustworthy and deserving of respect, how on earth did anyone manage to decide that Carl Freer was worth listening to? They got defrauded. The Irish Chamber of Commerce is another notch on Carl Freer’s belt – another institution he has scammed.
Well, it seems that either the Serial Fraudster Carl Freer is about to repeat the scam, or the Asian Summit organisers are as gullible as the Irish Chamber of Commerce. Because, believe it or not, Carl Freer is scheduled to be a speaker at the Asia Summit 2017. http://www.millennial20-20.com/singapore2017/speakers/
I am not sure what the ancient Singaporean word for dumb klutz is – but someone has not done their homework. We will of course contact the event organisers and highlight his criminal background.
It seems that out of the 30+ individuals who paid for the morning lecture – none of them chose to look up Carl Freer on the Internet – a Google search would have exposed Carl Freer. Maybe the millennial20-20 organisers will find time to conduct their own Google search – we recommend Scandinavian media reports or the many links on this site which highlight crimes.
Carl Freer views events such as talking to the Irish Chamber of Commerce and Asian Summit as valuable endorsements of him as a businessman.
Those within his current circle (i.e. Bankers, PR firms, Solicitors, and Investors) never trouble themselves to research his background with the diligence that should be the hallmark of professionals – they seem to repeat verbatim Carl Freer false accounts of his history and wealth as one would expect any dupe to do.
They have been beguiled, and their stupefied combined silence and inaction lends Carl Freer a facade of credibility. People look at those associated with him and figure that Carl Freer must be honourable. (When the scam is over the PR Firms, Lawyers and Investors try sue him as they wake up to the fact that they have not been paid, and he laughs about it and moves onto a new set of “professionals” to garner credence.)
Just as a quick exercise, look at how he has set up the Asian Summit scam. Look closely at these little cameos. They have a photo of the person; they state that person’s position; and name the company they work for.
Now look at Carl Freer’s cameo. It says Founder Watstock and Contributor – and then has the Singapore Business Review logo.
If you just glanced at it you would think he works for Singapore Business Review.
If you click on him you realise you are looking at a press release that he wrote and got published in Singapore Business Review. He doesn’t work for the Singapore Business Review. He scammed them. And the press release he wrote – lies, falsehoods, untruths, delusion, devilspeak.
And yet – after the event is over (and in fact even now) Carl Freer will try make it look like he was a key speaker at, and endorsed by, the Asian Summit. We will have a selfie with him in front of their banner. And that somehow makes him OK.
What Should Carl Freer Lecture On?
Carl Freer defrauds people. He cons people out of money. In addition to the criminal convictions he has for fraud, there are many civil cases with tens of millions of judgements against him, and an army of irate people.
Carl Freer spends the majority of each day mollifying people he owes money to. He is hounded on daily basis by friends, ex-friends and associates that he has scammed (he has no principles and will even scam “friends”. He actually has no friends).
These are not the hundreds of people that have judgements against him after successfully suing him. These are the people who have his current contact details and who could get very nasty indeed if he was not so good with his tongue.
Each day he has to call people up and tell them; that he is just about to hit the jackpot; his count-down timer is running; he is nearly there; he can taste the money; they are next on the list to be repaid; he won’t let them down; he is their friend; he hasn’t forgotten them; and . . .
Carl Freer should lecture on Fraud. How to con people. How to weasel one’s way into the pocketbooks of the gullible. How to smooth talk judges and police and immigration officers. How to get a visa and citizenship by lying. How to twist any truth into a convincing lie. How to impress the impressionable by exploiting the ineptitude of Patent Offices with re-inventions. How to set up Foundations, Charities and Trusts as mechanisms to facilitate an image as a Humanitarian, without indulging in a single charitable or selfless act. How to be accoladed as Philanthropist without ever donating a cent. These are the things he is good at. They all involve dishonesty.
Carl Freer should not lecture on entrepreneurship. He cannot point to a single successful venture he has created – so what does he know about entrepreneurship? Entrepreneurship has been described as the “capacity and willingness to develop, organize and manage a business venture along with any of its risks in order to make a profit.”
Name ONE company that Carl Freer owned which made a profit. We ask because that company doesn’t exist in public records anywhere in America, Europe or the Far East. There is not one single company that would entitle Carl Freer to be described as an entrepreneur. The word that describes him is Fraud. If you tire of hearing that one try Cheat, Swindler, Grifter, Welcher, Scammer, Shyster, Beguiler or just good old Criminal.
Carl Freer Does Have a Sense of Humour
When he spoke to the Irish Chamber of Commerce, part of his lecture was on Principles! This is really funny. Check this video where he admits to Georgia Tech – when he was scamming them – that he has no principles.
Check out these photos of his boat and cars – he was having fun in California as his “Venture” collapsed in the UK. Investor money bought that boat, bought the multi million dollar house, bought the plane and funded that lifestyle.
Investor money didn’t buy the cars. He stole those.
Principles? No – he has none as he freely admits.
Replace “Venture” with “Fraud” and you will begin to understand Carl Freer. Read this series of articles – they provide entertaining insight into this deviant.
Carl Freer made the Irish look stupid for not conducting due diligence.
Determined not to be outdone the Millennial 2020 organisers for the Asia Summit 2017 have also booked a 3 time convicted fugitive fraudster to speak at their Summit.
Carl Freer is packing his bags for his next break at Amilla Fushi – located in the Maldives. This is a little piece of paradise where the rich and famous go to relax and have fun.
Carl Freer has worked his magic and befriended Amilla Fushi’s Chairman, Michael Flynn and its Manager, Mark Hehir as well as most of the senior Staff. With his well rehearsed cordiality Carl Freer swans into the Resort where he is viewed as a well liked and respected Guest due to the frequency of his visits.
Surrounded by the beautiful and tranquil environment, and with the fawning support of duped Staff, the props are in place. The emboldened Carl Freer sets about finding his new “Investors”.
Most people pack their holiday bags to relax – but not Carl Freer. His laptop is pre-loaded with presentations of the ‘next big thing,’ along with the most important document – his version of due diligence on himself.
In the restaurants he orders food and wine without regard for the price. The best of the best, cooked to his own standard, no butter, no oil. Over long evenings of lighthearted conversations with other Guests he drops hints of his successes and his wealth. He prepares the Amilia’s Guests by confessing that he has enemies and these enemies are jealous of his talents and his successful life. Stories pour from his lips like sweet syrup with a chorus of name dropping . . . Bill and Hilary Clinton, Michael Milkin, Sting, Leonardo Di Caprio, David Beckham and Paris Hilton will all play their roles in his tales of success. By the end his listeners will be seduced – he has delivered the perfect narrative and convinced one and all that they have found their perfect friend. One of the most trustworthy and genuine people in the world, a gifted mind who will share his contacts and his success. During the day you often see him high-fiving bartender friend SK while enjoying a waterpipe and vodka-based cocktail. With a warm smile he’s an easy to get on with guy, approachable and friendly – what’s not to like.
What the Amilla Fushi Guests are unaware of is that when Carl Freer goes on holiday he is there to rub shoulders with the rich and famous, and his primary target is the rich as they may be gullible enough in their relaxed state of mind to unquestionably believe him whilst he is in full flow. In order to support his narrative Carl Freer carries his own due diligence pack – a compilation of falsehoods and obfuscations designed to confound and confuse those who unearth less than savoury details about the man who just presented himself as their personal saviour.
Carl Freer rails against what he calls “black PR” or “Internet character assassination”. He claims he is being attacked by people who misrepresent facts, who are jealous of him, who just want to see him fail.
In his “due diligence pack” Carl Freer has a letter from his mother. It claims that his first conviction was all a misunderstanding about a student loan. It was a misdemeanour. He shows it to people with great pathos on his face – willing them to believe him. And the gullible do.
The fact is that fraud is not a misdemeanour – it is a crime. His crime has nothing to do with a student loan. The judge spelled out very clearly the details of the crime and adjudicated that Carl Freer was guilty of a criminal act.
Why would anyone accept the alleged letter of a mother – who would protect and forgive her son regardless – when this link and this link show the real story of the event as reported in the national papers in Sweden at the time. It had nothing too to with a student loan – it was just straight forward criminality.
The gullible guests, already semi-bewitched, are often too spellbound by Carl Freer to realise that it is not the Internet that has assassinated his character. There are 3 High Court Judges – in Sweden, Germany and France – each of whom, independently of the others, applying due process and looking only at the facts, adjudicated him to be a Criminal. That is what defines his character.
On top of that there is a ruling from the Court of Cassation in France – the country’s highest appeals court – wherein a panel of judges reviewed his case and determined that, based on the evidence, he is a criminal and MUST go to jail. Please take the time to read that ruling here. The translation was done by the French court and it details Carl Freer’s criminal activities, organised crime and Mafia connections, media connections and other salient facts about this would be saviour.
Interestingly, Carl Freer’s “Due Diligence Pack” says nothing about his outstanding arrest warrant – or anything about the many judgements against him.
Instead, it attempts to misdirect people. For example, by claiming that he was once referenced as the 698th Richest Person in the World with a net worth of US$1.1 billion – achieved by the age of 35. This would be a marvellous achievement if true – you may note the lack of detail in the reference he provides. This reference is supposedly provided by Forbes, the list actually says the collective net worth of the World’s 691 billionaires is $2.2 trillion. There were only 691 billionaires on the 2005 list not 698 as CF claims. Here is a link and there is no Carl Freer on that list. To make doubly sure you could check the 2006 list or the 2004 list or even better still contact Forbes, the Author of the 2005 billionaire list, and they will confirm that it only ran to 691.
Carl Freer is a convicted fraudster. He has been tried and found to be a criminal by a panel of judges in the highest court in France, and by 3 other courts. He lies about his wealth – something that he was doing in his teens as described in the very first judgement against him.
With the actual evidence available, why would anyone believe the other “evidence” in his “due diligence pack?”
After all he has a history for exaggerated claims. He states that the UK Liquidators of Gizmondo Europe Limited sold the intellectual property of the company to him (Carl Freer), and even boasts about the press release, issued on 13th May 2008, and asks the reader to accept this as a complete story.
What he fails to disclose is the money given to the Liquidators came directly from the largest fraud in Danish history – the IT Factory fraud.
The truth is the truth. It is an exact thing – there cannot be variations or versions of the truth.
You are invited to contact Mark Fry of Begbies Traynor, the Liquidator for Gizmondo Europe Limited. They hold a bankruptcy demand against Carl Freer for US$6 million – which he has failed to pay – for the so-called sale of intellectual property as mentioned in the press release he uses in his “due diligence pack.” (Mark Fry contact details Call: 020 7516 1500 Email: firstname.lastname@example.org)
The IT Factory Liquidator is Boris Frederiksen and he has an active investigation into Carl Freer. He can be contacted on: +45 72 30 72 22 or email@example.com or via the contact page at www.kammeradvokaten.com.
Another red herring that amuses us is how he spends a great deal of time highlighting the “defamation” he suffered at the hands of the Law Firm Patton Boggs. We have even heard tales that his claim for five hundred million, when settled, will go straight to charities as he wants no personal benefit. How laudable – he surely picks up a few points to support his halo which such a statement. The sticky problem is that the settlement was a walkaway as Patton Boggs also had a substantial counter claim so not one single dollar found its way to the Charity.
The “due diligence pack” goes on to detail other similarly irrelevant events.
The bottom line is that if Carl Freer honestly disclosed:-
that he had been arrested in 5 countries,
convicted for fraud in 3 countries,
has an outstanding warrant for his arrest with a 2 year prison term awaiting him,
has defrauded previous investors of hundreds of millions,
still maintains links to the Mafia who are beneficiaries in his scams,
would Guests at the Amilla queue up to invest in him and his companies?
The most damaging things done to his character have been all the criminal activity, the fraud, the theft, the violence, the organised crime, the cheating, the lies. That is what defines his character. People pointing out the truth about him are not guilty of assassinating his character.
To assassinate Carl Freer’s character you would have to say that he was honest, clean living, cared for others, was as good as his word, honourable, never cheated anyone – and there is no one saying that on the Internet at all (except for Carl Freer himself).
As for the numerous businesses he says he has has sold, ask for a list, the price paid and if they are still in existence now. Again if he is so successful ask for half a dozen investors to provide references. Should be easy – if it is real.
So whilst you are sitting on the beach or swimming in the pool be aware that danger lurks – there really is a malevolent force at the Maldives.
He also claims that the FBI and SEC have not investigated him. We would like to comment on this but unfortunately there are tipping off rules in America and we cannot make any comment.
We can however mention the management for the resort, now armed with the above information, and ask what action are they going to take to safeguard the interests of their guests – or are they ok with having fraudsters and gangster commingling with their quests?
It may be in their best interests to ensure that Carl Freer’s bellowing laughter that echoes through the restaurants and bars is never heard there again.
Carl Johan Freer (DOB May 19th, 1970) first came to broad public attention in 2005, boasting of his inherited wealth, his self made business empire and his accomplishemnts.
Freer had neither wealth nor empire, but he was an accomplished liar. A scammer.
He represented himself as coming from a wealthy Swedish family with a background of commercial success and inherited riches. He further claimed that his own business successes had resulted in his amassing a fortune.
So adept at lying was he, that spellbound journalists reported his own false narcissistic narrative verbatim.
His silver tongue duped Bankers and Investors, who never troubled to research his background with the diligence that should be the hallmark of professionals. They too became bewitched and repeated verbatim Carl Freer’s false accounts of his pedigree and successes.
Firms of Solicitors and Attorneys who acted for him, if they knew his true history (and surely they must have done), were apparently indifferent to the facts, and encouraged the enchanted Bankers and Investors into giving him their valuable endorsements.
Astonishingly, all of these professionals failed in their basic duty to cause proper enquiries to be made about Carl Freer, and blindly accepted him as genuine – with nightmare results. (Check out what happened to Manches – a top UK Law Firm)
Monday Productions, a Danish company, produced a six part documentary which prominently featured Carl Freer and exposed some of his fraud. Freer’s failed attempts to gain an injunction preventing broadcast, followed by his subsequent defamation/slander case being thrown out of a Danish court, is testimony to the veracity of the expose.
Carl Freer is a degenerate scammer:-
a) He is an inveterate and proven liar.
b) He is also a proven and convicted fraudster in 3 Countries – Germany, Sweden and France.