The success of something is measured by monitoring its matrix, and when we say that Carl Freer is Sweden’s most successful failure it is not a spiteful statement – it is an empirical fact. OMG!
Many things in Carl Freer’s life are on an upward trend. We have highlighted the increasing arrests – the increasing number of judgements against him – the increasing number of failed ventures in Hong Kong, Vietnam, Malaysia, United Arab Emirates – and the increasing laughter that can be heard whenever his name is mentioned.
(Judgements against Carl Freer companies will be the subject of a later article. There are tens of millions in judgements against his companies, and hundreds of millions awarded to creditors. Here we are covering his personal judgements.)
In the most recent Judgement – achieved just days ago – US Aluminaid’s in-house Lawyer, Terrence Wyles, obtained a $6.1 Judgement against Carl Freer and his wife (and business partner) Ericka Freer.
The Judgement names other individuals who are jointly and severally liable. The Judgement is dated the 17th January 2018 and ordered by District Court Judge, Charles M. Pratt, case number: 2014CV30600 District Court Arapahoe County, State of Colorado.
1. Reinhart Boerner Van Deuren SC – have a judgement against Carl Freer for the sum of $2,543,540.07.
2. Chicago Title Insurance Company have a judgement against Carl Freer for the sum of $475,000.00.
And so in total in the first month of January 2018, Carl Freer has three Court Judgements against him personally totalling $9,122,060.76
On top of these Judgements;
a.) the Gizmondo Liquidators have previously prepared bankruptcy papers to be served on Carl Freer for $6million, and,
b.) the long-running investigation being conducted by the Danish Authorities into the IT Factory fraud keeps moving forward as Carl Freer can be seen as the principal benefactor of that fraud.
c.) we have heard the PLO are not happy about the fraud against them. . . and neither is The King.
2018 could turn out to be a very bad year for Carl Freer. He dreamt of making a fortune and from the criminal records and judgements that stand against him it is clear he did not particularly care how he made it – and that he never intends to honour a single debt.
What we have not revealed previously is that from the hundreds of millions that he has scammed from people, Carl Freer squirrelled away vast sums into his personal Swiss Bank Accounts.
We can reveal that Carl Freer emigrated to Switzerland in 2002 to serve this very purpose.
Carl Freer is wealthy and chooses not to make these payments as they fall under the heading of Professional Consequences of a Career Fraudster.
We would ask Readers to share this information as we hear that Carl Freer is still managing to entice new Investors into his World changing new products Scams.
As we enter the 10 year anniversary of the largest fraud in Danish history – the IT Factory A/S Fraud – we join with Carl Freer, the Master Scammer, in raising a glass to what has to be one of the most audacious scams in modern history.
Carl Freer raises his glass in celebration. 10 years on he has still never been charged in relation to the IT Factory scam, and still continues to receive payment from it. No wonder that it, of all the many scams he has been involved in, is the one that most fills his heart with pride and his pockets with cash. It is the scam that keeps on paying and the one he boasts about the most – money stolen in Denmark launched the public company in America.
As for us – we raise a glass to signify the launch of a new impetus to the investigation as we release documents that shed new light on what actually happened. Astonishing documents. Documents that by rights should finally result in Carl Freer’s apprehension and incarceration in either America or Denmark.
First a little recap
The cast of characters that set up and managed the key corporations are all convicted felons and needless to say – but worth pointing out – are hardly like to have planned a legitimate undertaking.
Carl Freer – needs little introduction on this site as we have already detailed his many arrests and convictions and have provided evidence to show that he is – to this date – a fugitive from justice; a man on the run.
Mikael Ljungman – previously involved in the Gizmondo saga with Carl Freer. Had been convicted of fraud in Sweden and later received a 7 year sentence for his part in the IT Factory fraud – and a luxury apartment.
e-Commerce paid for the incorporation of LCM Lombard Capitol Management GmbH. This company received shares in Madero/Getfugu and was used a year later to convince the Board headed by Mr. Sandstrom of Sodermalm Tenants Association in Stockholm that it had real income of SEK7million a year to assign a residential lease to Mikael Ljungman from its previous leaseholder the Head of the Swedish Mafia Roland Bjuhr. His apartment on Strandvagen 41 was transferred into Mikael Ljungman’s name due to the stated income from LCM Lombard Capitol Management GmbH.
If LCM Lombard Capitol Management GmbH was an honest company it wouldn’t have been incorporated using money laundered from the IT Factory scam. If LCM Lombard Capitol Management GmbH was an honest company it wouldn’t have been used to launder shares in Madero/Getfugu. If LCM Lombard Capitol Management GmbH was an honest company it would have had a website, telephone number and business activity apart from being conceived and used to channel IT Factory funds through.
Bjorn Hoglund – He has three convictions in Sweden – In 1995 he received a suspended sentence for forging documents – in 1999 he received a 10 month sentence for accounting fraud, tax evasion and forging documents – 2007 he received a sentence of 2 years and six months for serious tax evasion, fraud and accountancy fraud.
The companies involved
IT Factory A/S – set up in Denmark and leasing and utilising Media Power and IBM technology. Had it been an honest operation rather than a scam it would have been one of the largest tech companies in Denmark and a national success. Instead it crashed with DKK 1.1 Billion in debt – Media Power’s subsidiary e-Commerce received multi millions of dollars from the fraud.
Media Power – 100% owned subsidiary called e-Commerce. Media Power Inc. claimed to be at the forefront of augmented reality technology and might have been an amazing success had it not been conceived by a criminal cabal. Carl Freer and Mikael Ljungman were its founders and Bjorn Hoglund was its Executive Vice President. It “Partnered” with IT Factory.
Madero Inc (Later became GetFugu Inc.) – A shell company created to receive stolen funds – it continues to trade on the stock market to this day, a fascade of legitimacy concealing a dirty truth revealed below for the first time.
Much has been written in the Scandinavian media about the IT Factory fraud and if you so choose you can do further research through Google and the Scandinavian media. ( Google “IT Factory + GetFugu” and click “translate this page” on the results).
We will not rehash the information that you can find by looking up what the media have written. Rather, by adding the missing pieces to the IT Factory puzzle we will show you how the stolen millions were washed through Media Power and its subsidiary e-Commerce and used to purchase assets which have produced even more millions for the participants of the IT Factory fraud for almost a decade.
When investigating any fraud one follows the money. Bank accounts, emails, corporate brochures, US Patent Office and the Securities and Exchange Commission all provide key data, and demonstrate that Carl Freer was, and still is, the primary beneficiary of the audacious IT Factory fraud.
We will show you that the funds from this fraud were money laundered through technology patents and shares in Madero Inc. renamed Getfugu Inc. which is still trading shares in America today.
August 29, 2008: A Public Statement issued by Media Power said that Media Power Inc. had purchased 48% of Madero, Inc. for $264,000, and received 4 million shares of common stock (non-tradable).
Madero was a shell corporation. This statement was false. The truth that Carl Freer, Mikael Ljungman were hiding was that e-Commerce purchased 100% of Madero, Inc. stock utilising the funds stolen in the IT Factory fraud. So sure were they of their ability to muddy the facts that e-Commerce even paid for the office lease for Madero Inc in Rowayton $38,833.50
The documented evidence clearly demonstrates that e-Commerce purchased Madero,Inc with two payments:-
(1) $100,000 on the 1 August, 2008.
(2) $286,000 on the 28 August, 2008.
These payments were made by e-Commerce to Anna Krimshtein’s law firm.
Not satisfied with the public lie about the purchase, Media Power Inc compounded the felony by withholding the fact that the remaining 52% of Madero Inc had ALSO been purchased by e-Commerce. This 52% was the unrestricted stock.
The 52% of unrestricted stock was transferred into companies paid for with e-Commerce funds and incorporated by Sovereign Corporate Services located at PO box 62201, Dubai, United Arab emirates, on e-Commerce directions. (For evidence of this check these three links. LCM LombardMandalay and Stone HarbourLynx)
Further proof of Carl Freer involvement is the email he sent on 23 December to Latham Stearn (who was later appointed Chairman) saying approximately 51% of Madero’s shares are free trading, currently held by a group of “friendly” non-affiliated shareholders (Part of email by CF)
Several months later the unrestricted stock was secretly transferred from these companies into accounts owned by the immediate family of Carl Freer, and thereby put under his control and ownership. The funds used to purchase these shares came directly from the fraud in Denmark’s IT Factory.
So you can see why we said Carl Freer can be characterised as the largest beneficiary of the IT Factory fraud. The monies from this fraud were money laundered through the shares in Getfugu Inc. (previously Madero Inc.)
Unrestricted shares in Getfugu Inc, are still being traded to this day. What shareholders have not known is that all the unrestricted shares were purchased using stolen funds, that the unrestricted shares were placed in offshore companies located in Dubai (see linked data above) and later transferred into Carl Freer’s control through his family members.
In keeping with his dreams of grandeur Carl Freer’s family were registered to the “Paradise Foundation” – no doubt another of his great humanitarian and philanthropic endeavours. Match the Certificate number on this with the number listed on page 2 of he transfer document above.
The documents we have acquired provide the missing evidence of how this fraud was orchestrated. Media Power’s audited accounts are false; Media Power’s statements to the SEC are false; and Madero Inc (renamed Getfugu Inc.) statements to the SEC are false.
We will pass all the data collated on to the SEC, the IT Factory investigation team, American tax authorities and the FBI. We will explain to the authorities in Dubai the role they played in the fraud.
Finally, if there are shareholders in Getfugu Inc who decide to take a class action, all of our information and sources will be made available to you.
Carl Freer incorporated The Freer Family Tree Foundation which has been soliciting for donations without relevant permits – the Information provided by Carl Freer’s Charity Foundation is verified to be bogus. The complaint additionally highlights the fact that the Fund-raiser is ambiguous or unable to provide answers to queries on the fundraising (e.g. uses of funds received and name of the beneficiary.)
The Foundation’s chairman is Carl Freer and he uses the Foundation as a self-promotional tool. He has paid for articles and press releases claiming that he is a Billionaire philanthropist and humanitarian – articles that aid and assist in hiding the truth about Carl Freer’s true criminal character.
We decided to file this complaint in response to the latest barrage of threats of violence. We know Carl Freer to be a Mafia connected criminal; a fugitive from justice who likes to issue death threats.
On the one hand he threatens violence – on the other he claims to be a billionaire philanthropist who loves to help needy orphans. The two do not go together.
The Singaporean commissioners of charities have been asked to look into Carl Freer’s eligibility newly, with accurate facts to hand, to determine if he is a fit and proper person to be running a Foundation – let alone a Foundation which, in its own video claims to be, “The world’s first cloud sourcing campaign site.”
(Weren’t Watstock and Hotstock the ‘world’s first’ as well? Aren’t all of Carl Freer’s scams introduced as “world’s first”? Watopedia, Watgold, Petrofinde, Intelligentia . . .)
Carl Freer’s Foundation says it, “works with organisations, homes, shelters and orphanages throughout the world.” This message has been repeated for the past 4 years . . . however we have not identified one organisation, shelter or orphanage that has actually worked with or benefitted from Carl Freer’s humanity. And he himself – despite so many self-promoting press releases and videos – has failed to name a single one.
The Freer Family Tree Foundation is a Nonprofit Organization. Its Linkedin page publicly states it has 6 followers as of today’s date.
Despite only having 6 followers, the promotional video claims it has links in the social media network of over 2 million followers. It also claims to have a shop where you can purchase relief supplies at cost. It also claims they are growing a global network. Claims that are belied by the fact that the only factual evidence available is the LinkedIn page of six followers.
Carl Freer is a convicted serial fraudster – Carl Freer is not a billionaire – Carl Freer is not a philanthropist – he is not a humanitarian. Professional scepticism should be adopted when reading material produced by his hand, or paid for and distributed by his publicists.
Here is a small list of puff pieces paid for and posted by Carl Freer.
When we contacted the Commissioners of Charities in regards to filing the complaint, we were thanked and informed, “You are going to have people who enter the charity sector for self-promotion and less than honest reasons – it’s simply a fact of life – the task is to keep exposing them and their misconduct to those who are looking for the truth. A fraudster running a foundation asking for donations – this sounds highly irregular.”
Like any other sector, charities are not immune to criminal abuse from fraudsters. Fraud poses a serious risk to valuable funds and can damage the good reputation of Singapore charities, affecting public trust and confidence in the sector as a whole. Equally important is encouraging a culture of professional scepticism – everyone is encouraged to play their part in stopping fraud and to come forward with any concerns.
Fund-raiser is ambiguous or unable to provide answers to queries on the fundraising (e.g. uses of funds received and name of the beneficiary)
Charity or organisation is soliciting for donations without the relevant permit
Commercial or third-party fundraiser is unable to show proof that they are authorised by charity to raise funds
There is reason to believe that the funds raised are being misused
Now that this foundation has been exposed – let’s see how long it takes for the website to come down – for the foundation to reinvent itself – this foundation provides further evidence that no one is safe from Carl Freer’s greed and self-importance.
He is not a trillionaire either in case anyone fell for that lie.
Carl Freer is too old to play this game any longer – a dinosaur in the cutting edge new tech field. He dyes his hair, he does high fives, he tries to talk the talk, but everyone in the industry knows he is faking it. And so does the general public it seems.
Take his latest technology release – the technology that can tell the future, that can make a millionaire out of anyone, that replaces the need to think. Watstock – Remember that?
The one that had a huge countdown timer ticking its way to release. The one that, instead of launching, morphed into Hotstock with a new countdown timer ticking away. When that timer hit zero it all just fizzled away. It simply died. No morphing. No launch. No fanfare. No party. Nothing. Not even a coffin or proper burial.
Here is a link to the site (http://www.watstock.com/) and above is a screen grab of the site taken 2 minutes ago. It announces that Watstock will launch on Oct 1st. Today is the last day of October – where is the launch? How smart is this company? It can’t even predict the month it is going to launch. Its genius founder can’t even be bothered to update the site. (Of course he will do something now that we have posted this. But what does he change the launch date to? November 1st – it is upon us already. Maybe December 1st?)
Investors, backers, collaborators – all have walked away. And so have the public. Only a few were silly enough to download the app – one that was to have made millionaires out of them. Another testimony of failure is this link – https://twitter.com/Hotstockmobile This killer app has two tweets and two followers. We kept a screenshot – below.
Like every Carl Freer venture, the whole thing was a scam – its failure was part of its conception. It joins the last 14 or so “ground-breaking” ventures that Carl Freer has launched – all of which have common denominators of “failure” and “Carl Freer.”
At 47 years old and with 3 failed public companies (Tiger Telematics, Xero Mobile and Getfugu); 15 failed businesses; millions in unpaid judgments; a history as a documented liar; 3 convictions and the need to be continually on the run from the French police, this serial fraudster is an old man in a young man’s game.
Rather than face reality and deal with the fact that at 47 he is too old, Carl Freer has decided to reinvent himself.
The serial fraudster has turned to someone who describes himself as a serial entrepreneur – Chris Reed of Black Marketing.
Chris Reed is the self-proclaimed guru of personal branding. The same age as Carl Freer, Chris Reed is obviously much younger as he sports a mohawk. Carl Freer has become a client.
While we are not sure what the magic is that Chris Reed sells, we can categorically state that truth, common sense, logic, honesty, perceptiveness, and intelligence are NOT core attributes.
Chris Reed has provided an endorsement to assist Carl Freer in repositioning him as a thought leader within an industry – you can now read articles in Singapore Business Review – you can look at Carl Freer’s many videos on youtube where he ponders the future of technology – or read the many promotional bloggers testimonies touting Carl Freer’s greatness. It is all lies – told to hide a sordid truth – fake news with the intention to deceive others. How can Black Marketing operate in Singapore when it’s business is misleading people?
When we unequivocally demonstrated to Chris Reed that Carl Freer is a criminal (an undeniable fact as the primary source were three court judgements) Chris Reed then claimed that Carl Freer is not a criminal in Singapore and maintained his endorsement of Carl Freer – hence you can still read in the Singapore Business Review, Carl Freer’s articles as a contributing editor.
Criminal are criminals. The fact that they move somewhere else does not change that fact. A serial killer from Chicago does not change that fact when he moves to Sydney. A serial fraudster, convicted in 3 countries and arrested in 5, does not suddenly become cured when he moves to Singapore. Singapore is simply the next target. Relocating criminals does not cure them – Australia is evidence of that.
Confronted with the stupidity and immorality of his continued endorsement of Carl Freer, Chris Reed then claimed that Carl Freer is not a client – after just saying he was.
So amazed were we by Chris Reed’s willingness to dodge the truth and endorse a proven criminal, that we decided to check him out – It seems Black Marketing is a wholly owned subsidiary of the Media Group plc which seems to have its own set of troubles. Interestingly it also has a Swedish link – just like Carl Freer.
“The Disciplinary Committee of Nasdaq Stockholm has found that The Marketing Group PLC has breached the regulations of Nasdaq First North (“the Rule Book”) in several respects and, accordingly, has imposed a fine on The Marketing Group amounting to two annual fees, corresponding to an amount of SEK 595,546.”
Mangold are the appointed Swedish adviser. Maybe Mangold could assist Black Marketing and Chris Reed to understand the notoriety of Carl Freer in the Scandinavian media – where he has been described as a hardened criminal, linked to the Mafia, a fraudster still being investigated for his role in the IT factory scandal in Denmark.
In the meanwhile investors, banks, lawyers, police, immigration officials and anyone who ought to have common sense, are advised to be on the lookout for Carl Freer, and exercise their professional curiosity and civil duty by asking one simple question – did Carl Freer provide a false declaration to live and work in Singapore – we say he did – it’s up to others to start questioning.
Carl Freer incorporated a number of companies in 2017, however he is focused on 3 – Intelligentia PTE Ltd – Watopedia PTE Ltd – Watstock PTE Ltd – we urge you to look at the websites – identify the promises – then ask what exactly is the product.
Then search the terms –
Carl Freer + Watstock or Carl Freer + Watopedia or Carl Freer + hotstock
Normally you will find us – we provided additional background and contact details of organisations and individuals who will provide accurate accounts of Carl Freer criminal history.
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: email@example.com)
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 firstname.lastname@example.org 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 Freer Jail is a common search query on this site. And Yes, he has an unserved 2 year jail sentence, an outstanding Euro 50,000 fine and an active arrest warrant in France.
He had hoped, in 2012, that he could appeal his conviction of a decade earlier and stop running – but, on examining the case, the highest court in France – the Court of Cassation – the Supreme Court of France – the final appeal court for all criminal matters – determined that he must go to jail.
Carl Freer has actually been on the run since at least 2001 when the Germans first charged him for fraud. He had been, and some say he still is, involved with organised crime.
Before reading it we advise that one should have a concise, but clear, overview of Carl Freer.
Carl Freer is not a petty criminal. He is a career criminal. He commits fraud and has been doing so relentlessly for at least the past 25 years.
It astonishes us that people who are supposed to do due diligence on him seem to only find the puff PR he publishes about himself, and not the arrests, court cases, and judgements that courts and officials publish about him.
This is not confined to greedy, gullible, investors – but includes official bodies that have detailed KYC (Know Your Customer) procedures in place as legal requirements before they may engage with him. How is it that they miss all the actual facts about Carl Freer – all of which can be easily located with just a modicum of effort?
How does Withers Khattarwong Solicitors fail to spot the fact that he gave them an old address in their KYC, let alone fail to discover the extent of his criminal record? They clearly chose not to make any enquires, or do any internet searches and challenge the client with the findings. Similar ineptitude has cost other law firms dearly.
How does the DBS Bank fail to identify Carl Freer as a convicted fraudster in their KYC? How do they determine it is correct to give him bank accounts enabling him to open 10 companies in Singapore?
How does someone who has been arrested in 5 countries; who has three criminal convictions; who is on the run; who has millions in judgements against him ever enter Singapore. . . let alone get a work pass and permanent residency? What is the point of having a criminal code if not to curtail the activities of people like Carl Freer?
Like all criminals, Carl Freer does the same things over and over. It is a repeating pattern. It is not difficult therefore to predict the outcome of any of his ‘ventures.’ It needs no Artificial Intelligence or assistance. It is hallucinatory to think that his new businesses have legitimate goals, or that he has reformed.
For Those Unable to Find the Facts on Carl Freer, Here is A Very Brief Summary of His Easily Discovered Past and Why He Has Been Ordered To Jail
Carl Freer started his criminal activity in Sweden. As a teenager he faked his parents’ signatures and managed to fraudulently obtain a loan. He then scammed the bank, using fake checks, for tens of thousands of dollars. He was arrested and convicted – sentenced to 18 months probation and fined EUR 200,000.
He claimed it was all a misunderstanding. He also claimed he was a Humanitarian doing charitable work as evidence of his good character. This article links to all relevant media and covers how he scammed a lawyer into setting up a Foundation for nothing – a foundation that does not actually exist.
Carl Freer was next arrested in Spain. He had stolen some exotic cars in Germany and taken them to Spain where he set up a business selling exotic cars. He was caught and arrested.
He skipped bail and fled to France, where he set up a new business – selling stolen exotic cars. Once again he was caught and arrested.
Carl Freer skipped bail and fled to the UK, where he once again set up a new business – selling stolen exotic cars.
He was arrested again after Interpol tracked him down on an international arrest warrant issued by Germany – who wanted him for stealing exotic cars.
Carl Freer had been doing his stolen car trafficking under the false name of Brian Littlejohn.
Carl Freer challenged the extradition attempt, claiming that it was all a misunderstanding.
He had not stolen the cars, he had simply not paid for them because he thought they were already stolen. Clearly, In his mind, something twice stolen equals legitimate ownership.
Carl Freer also defended himself at that time by claiming that not only was it all misunderstanding, but he was a Humanitarian and Philanthropist as evidenced by the fact that he was a Trustee of the prestigious King’s Medical Research Trust. As we have extensively covered that was a scam and is a complete lie.
While having to report to the British Police weekly, Carl Freer decided to give up the stolen car trafficking and start a high tech business instead – Gizmondo.
The bright idea behind Gizmondo is that it was a tracking device – one that kids would willingly have with them as they could play games and do other things on it. Some have said that it was inspired by the tracking device that Carl Freer was forced to wear while under judicial supervision.
Once he had all the investor’s money, and had launched his ‘product’ in an extravagant event accompanied by exotic cars, he siphoned off many millions, resigned from the company and took off for the USA. (Video. 7 Part article)
As he fled for the USA, Carl Freer stole several exotic cars which he took with him.
He also lied to the US authorities to get a visa. He claimed he had never been arrested, had no criminal record, was a British national, and gave his car dealership – the one he was arrested for selling stolen cars from in France – as an example of his fine business skills that would be put to use in America. (New evidence – letter in support of his Visa Application.)
Concurrently he also built up his ‘humanitarian and philanthropical portfolio’ with further lies and deception. He scammed Georgia Tech University and Canterbury University into endorsing him.
When it would get too hot in an area he would just move to another – leaving scammed people and law suits in his wake.
After being arrested in Los Angeles as a consequence the world famous incident involving the destruction of a Ferrari Enzo, it was time to move on.
Carl Freer had incorporated over twenty companies, had scammed thousands of people people and many big names – Ogilvie, IBM, Microsoft, MTV, Georgia Tech and others.
America had been good to him. But . . .
. . . his defence of, “It was all a big misunderstanding” and, “I’m a humanitarian and and philanthropist” was not really working all that well – mostly because of his insane decision to falsely add, “I’m a duly appointed, legitimate, Federal Agent” to his “good guy” portfolio.
He had attracted the attention of law enforcement by using that fake badge to buy an arsenal – it was definitely time to move on. He feared jail.
His next major stop was Singapore where once again he lied to get a work pass and residency.
Convicted criminals are denied entry to Singapore – and Carl Freer is not only a convicted criminal, but a criminal with a large backlog of convictions waiting to catch up with him.
And, as covered above, he lied to get bank accounts so he could set up companies as Director or shareholder part of his next big scams – Uniqorn Lab PTE Ltd, Shop on Mobile PTE Ltd, Wow Messenger PTE Ltd, Kaching Mobile PTE Ltd, Unicorn 7 PTE Ltd, Watstock PTE Ltd, Watpetrol PTE Ltd, Watopidia PTE Ltd, Aluminaid PTE Ltd and Iqnect PTE Ltd.
Carl Freer is currently working on launching Watstock in Dubai – an artificial intelligence product that will predict the stock market with never before seen accuracy. Or so he says. We have issued a Scam Alert.
Once again he is claiming alliances and endorsement with a major university, the leading Professor in AI, and IBM. All lies.
And once again he is adding content to his fake ‘humanitarian and philanthropist portfolio’. The internet is now awash with pictures of impoverished African children all waving and cheering and thanking Carl Freer – the only downside being that those are purchased stock images that have no basis in reality. No underprivileged child has ever benefited from Carl Freer’s benevolence. He hates the ‘underclasses’ and his only interaction with them is to use them for his personal gain.
Predicting the future is as old as the hills and has been peddled since the dawn of Man. Back then it was bird entrails, tea leaves, oracles and crystal balls – now it is Carl Freer and Watstock. Maybe the Banks and the Authorities can predict his future. All it requires is a little intelligence and enough balls to act within the framework of the law.
Like all Carl Freer scams, this promises incredible riches to those gullible enough to invest with a serial fraudster and Mafia linked criminal.
The French Court of Cassation sees right through Carl Freer’s Lies and Orders Him To Jail
Here are some snippets from the French Court of Cassation. You can read the whole thing in French, or in English as provided by the Court.
Carl Freer is referred to as Mr Carl X. Or Mr X. If you have read the German Judgement you will recognise Carl X as Carl Freer. (Z is Brian Littlejohn – the alias he used and the name of an earlier landlord – Carl Freer kept using the address).
Carl Freer had appealed his prior conviction. After examining the facts, the Court of Cassation determined that the sentence of 2 years imprisonment, and the fine of EUR 50,000, were correct and ordered the continuation of the arrest warrant. They said he must go to jail.
Text has been highlighted by us – otherwise it is exactly as provided by the Court.
That it follows from the proceedings that Mr X. was domiciled in France and that he had fled when he was wanted and that he was at the same time sought by the German authorities who issued a warrant for his arrest on 20 April 2001 and that he was subsequently arrested in Great Britain on 7 June 2001 and placed under judicial supervision. . .
Whereas, accordingly, the warrant of arrest for Mr X. of 20 March 2002, issued in accordance with Article 123 of the Code of Criminal Procedure as regards the identity of the person, Article 131 of the Code of Criminal Procedure, validly allowed the latter to be referred to the court, the title remaining otherwise enforceable after the order for reference; That the investigating judge can not be criticized for having sought to defeat the rights of the defense byissuing an arrest warrant for serious acts of organized crime . . .
Whereas it appears from the judgment under appeal and from the pleadings that the investigating judge, having before him facts relating to international traffic in stolen vehicles, issued an arrest warrant against Mr X;
In the present case, in order to reject the objection based on a breach of that principle, the judgment under appeal holds that the accused was convicted in Germany for fraud and not for concealment
In that the confirmatory judgment under appeal declared Mr X. guilty of breach of trust and sentenced him to two years’ imprisonment and a fine of EUR 50 000;
On the grounds that it appears from the German proceedings that Mr. X. stated, at the time of the execution of the request for extradition from the German authorities, that he had sold nine vehicles under the coercion of the Mafia, that he was afraid of reprisals and that he had come to Great Britain in order to protect himself and his family; whereas it is not disputed that the four Porsche vehicles referred to being sold in France by Mr. X., manager of Well Com Motors, and that these vehicles were stolen, that Mr. X . can not validly, in order to prove his good faith, rank with the other professionals. Even when upstream of the traffic and in contact with the source of this traffic, the fact that for aluxury car sales professional who operated Well Com Motors under the false name Z For which it is not justified in any way, to sell repeatedly, In the same stroke of time, the vehicles stolen and then fleeing, abandoning his company and his domicile, testify to his complete bad faith; That the two testimonies from which it relies, drawn from the German proceedings, of which an incomplete copy is produced, no examination of the accused which is in the file contrary to what was announced in the letter of 4 November 2010 of the Council, are not of a nature To contradict this observation in a mafia context that he himself described; That the offense of concealment is constituted in all its elements, material and intentional;
Carl Freer is an incorrigible criminal. He has been at it for years.
His Modus Operandi is to come up with a great sounding idea that, if it were executable would in fact be lucrative. He then claims alliances and endorsements from leading brands in that sector, and forges documents to support his hype. He stops at nothing. He becomes people’s best friend to get their money out of them.
His overriding intention is to attract and steal money – he cares nothing for the idea or concept he is selling, no matter his apparent enthusiasm for it. Carl Freer is very persuasive and smooth, and people become bewitched.
His criminal past constancy haunts him, and so while building up a scam Carl Freer frantically tries to create an illusion of being a decent human being. He tells lies and invents things he thinks people will like to hear. In truth he does not give a damn about any of that – just as he does not care about the law, about fair play, about his family, about his ‘friends’. Do you really think he cares about you?
Snake Oil salesmen have been around for years, as have fortune tellers. Some people just want to put their faith in something other than their own common sense, and so those businesses will always be with us.
That said – this is one charlatan you should avoid, or immediately disengage from. He means you no good.
Breaking News – new documents received! Who in Dubai is protecting Carl Freer?
After posting this article we were contacted by a new source – we have verified the person’s credentials and thank them for coming forward.
This source informed us that at the same time that Carl Freer scammed the PLO, he also tried to do the same things with the Dubai Investment Group.
This was all progressing well until the Dubai Investment Group got wise to him and pulled out. We have been promised more documents, but in the meantime have been sent the below letter from Carl Freer’s lawyer to him as evidence.
We asked the source how Carl Freer, with his criminal record and track record of fraud, could go to Dubai to pull off his next fraud. The Dubai authorities know who he is after he attempted to scam them out of $30 Million. He was also involved in the criminal acts committed by IT Factory, centred in Dubai, and which caused much damage to the Dubai brand.
The source laughed and confirmed something that we had heard from another – that Carl Freer had bragged that Dubai was considered a ‘safe house’ by the Swedish Mafia. Carl Freer is protected and safe in Dubai.
The letter about the Dubai Investment Group is at the end – read the documents that show what he did with the PLO so you understand how sneaky this man is. If you can’t wait – you can see that letter here. Dubai Investment Group
The Palestine Investment Fund (PIF) and PLO were scammed for $20 million by Carl Freer. We have been asked in some private comments to spell out how the scam unfolded – who was involved. (Updated to provide links to all documents).
The first thing to know is that Carl Freer selected the PIF as the target – they most certainly didn’t choose him. He did so for personal gain – both the scam and to facilitate the enemies of the PLO. He was assisted by Saad Raja, an unscrupulous and willing partner, who would sell out his Arab friends and neighbours for personal gain.
Following Carl Freer’s detailed directions, Raja managed to manipulate the PIF advisor – Husman Kailani – into believing that investing into Carl Freer was an excellent idea – as Carl Freer was a man who knew how to show his gratitude in return for favours. (See links in previous article)
Neither Carl Freer nor Saad Raja mentioned to the advisor that Carl Freer was under an international arrest warrant and had to report to a Police Station once a week under his conditions for release from prison. They also failed to mention his previous convictions and investigations for fraud – or his links with the Swedish Mafia.
Instead they painted a picture of success. Fake due diligence was undertaken:- reports were prepared that said the future prospects for the company were very good – that the PIF investment was sound based on the information received and supported by third-party endorsers of the company.
On 21 April 2005, the Palestine Investment Fund transferred $20,750,000.00 – having fallen for the barrage of lies and fake documents Carl Freer created.
With the funds in the account it was time to show his gratitude to those who helped, $6,630,120.00 was immediately paid out for a job well done – a nicely executed scam. (This link shows the below document more clearly – Carl Freer – HSBC pdf).
Like all good scams – it was horribly simple. Research and find the right target; locate connected parties who are motivated by greed; build your story and prepare the documentation to support your story.
This is How it was Done – This is how Carl Freer Scammed the PLO for $20 Million
Carl Freer was the Chairman of Tiger Telematics the public company, and the Managing Director of Gizmondo Europe, a subsidiary. Below is a document – the one where he certifies the shares are valid – where he signs himself as such. (Great article by a journalist here.)
Juanita Group Ltd (BVI) was another of Carl Freer’s companies. It held shares in Tiger Telematic – these shares were sold to PIF, as non affiliated shares. Juanita Group Ltd, HSBC Bank account received the funds – these funds were then dispersed as shown on the Bank Statement above.
The PIF had no idea that this was insider trading, that the shares they received were affiliated to the chairman of the Public Company – nor did they know that their investment would lose $6.6 Million on insider fees.
The documented evidence to prove the above is below. Our gratitude to those friends who provided the copies of vital documents and emails.
For Carl Freer To Scam the PLO for $20 Million He Had to Tell Lots of Lies – and He is a Pro at That
Here are some of them, as detailed in the complaint.
1, In March 2005, Raja produced a document saying Deutsche Back were going to raise $75 – $100 million for the company.
2, Raja informs the PIF that Tiger Telematics has $45 million dollars in the bank.
3, Raja produced documents to say that Asiatic Commerce Bank have provided a credit facility of $60 million to Tiger Telematic.
4, Tiger Telematic provided signed agreements with the Bank of America and GE Capital finance for $20 million.
5, The Bank of Scotland had provided a further $50 million in working capital.
These are all false statements designed to the defraud the PIF.
There was not one single word of truth in the statements or forged documents.
For example, the Asiatic Commerce Bank is a Carl Freer company – it is not a bank – it has no money – it is there purely to facilitate frauds.
In SEC filings Carl Freer says he is the co-founder of a company called VXtreme and that he had sold it to Microsoft – and that he is a trustee of the Kings Medical Research Trust. These are blatant LIES.
Lie 1.He was a co-founder of software company Vxtreme that pioneered the highly successful video compression technique.
VXtreme was started in Sunnyvale in 1995 and was indeed a bubble-era success story, selling itself to Microsoft in 1997. VXtreme founder Anoop Gupta, now a Microsoft executive, was asked about Carl Freer’s role. Gupta replied, by e-mail:
“Carl Freer was not associated with VXtreme, and I do not know of him.’’
Carl Freer’s claim to have co-founded Vxtreme and to have sold it to Microsoft is a complete lie.
Lie 2. Mr. Freer is a . . . trustee of several charities, including Kings Medical Research Trust.
As we have covered before Carl Freer was never, and has never been, a trustee of the King’s Medical Research Trust.
The truth is that Carl Freer approached the Kings Medical Research Trust and told them he was a philanthropist and would donate several million to them. They fell for the scam and were producing letterhead that showed Freer as a Trustee. Carl Freer had been scamming all along – he never paid them a single cent and for the past 11 years has been claiming to be a trustee of that austere charity – a documented lie, which still to this day appears in Carl Freer Bios on the Internet – Bios which Carl Freer pays to be produced.
Carl Freer has similarly scammed Georgia Tech University and Cambridge University NZ. He and his companies claim to have supported them, but it is just a scam. He also scammed another lawyer and came up with “evidence” of what a great “humanitarian” he is as detailed here.
Carl Freer is an abject failure in addition to being a criminal. Every one of his ventures fails.
Every single one of Carl Freer’s corporate endeavours has been a scam – No exceptions – from Pornography to “High Tech” to Car Theft to Media to Watstock PTE Ltd (predicting the future).
Every single one of them has left behind it defrauded investors, law suits, judgements, ruined people: – A partial list of his failures includes Gizmondo; GetFugu; Blowfish Works; Media Power Inc; Goldrush Inc; Oscar Holdings; LogoVision; FilmFunds; Streamline Ventures Inc; John Freer Inc; Serge Media Corp; TV Funds; Gaming Funds; Media Power USA; Magitech; XeroMobile; Alien King Pornography;
Now is the Best Chance To Curtail this Criminal and Restore Faith in Justice for the Thousands of People who have been Defrauded by the Notorious Carl Freer
Carl Freer has advertised on the radio and national media in Dubai that he is launching his new company Watstock – intelligent trading – in Dubai in 33 days time. He is a wealthy individual – homes in Sweden – America – Caribbean; A stock portfolio – Art works and jewellery.
The Palestine Investment Fund could ask its friends and neighbours to detain Carl Freer and in collaboration determine how to retrieve the stolen funds – the documents above are compelling proof of the fraud. Also, we now have a large collection of documents and evidence that we would be happy to share with any genuine action to curtail the activities of this scammer.
The Palestine Investment Fund has many worthy projects that could benefit from the stolen $20 Million – and probably some punitive amount added. Carl Freer has the money.
Watstock Pte Ltd – Investors, advisors, staff, consumers, creditors and partners (IBM) you have been warned – you can see with your own eyes the documents of fraud against the Palestine Investment Fund. In other articles below you have been informed of other FRAUDS – we urge you to conduct proper due diligence on any business opportunity promoted by CARL FREER.
We are honoured that they have done so. We have no reason to doubt that they are who they say they are – on the contrary, these are people with long memories whose allegiances were validated by the questions they asked. Who else would have known of the fraud against the Palestinian Investment Fund, or the existence of certain documents.
In the interests of openness, we are sharing some documents with the readers of this site, and in particular the citizens of Dubai, so that they fully understood the evil in their midst. They are below and include; a link to the radio interview wherein Carl Freer did lie in order to cheat the people of the UAE; the incorporation documents for Watstock PTE Ltd; a statement by the Professor exposing Carl Freer’s lies; and a motion filed by the Palestinian Investment Fund against Carl Freer in an attempt to regain the $20 million that it was cheated out off.
This will make more sense after you read the rest of this article. if you have no time to do so, then minimally read the motion –Palestinian Investment Fund. It highlights the fraud that innocent Palestinians suffered at the hands of Carl Freer, and the lengths and deviousness that he was prepared to go to target and scam Arabian peoples.
Carl Freer’s Scam on the Palestinian Investment Fund Linked with the Watstock Scam
Here is what transpired through the course of the last few days.
Representatives of the Ruler of Dubai – His Highness Sheikh Mohammed bin Rashid Al Maktoum – listened to the radio show by Carl Freer where he claimed to have developed a new technology that uses Artificial Intelligence (AI) and Extreme Learning Machines (ELM). He claims it is able to predict the future movements of the stock market with unprecedented accuracy, making his investors millions – if not billions.
The new company is called Watstock, and Carl Freer is planning to launch it in Dubai, where he is currently furiously working to raise funds.
We were informed that His Highness, Sheikh Mohammed bin Rashid Al Maktoum, was initially interested because of the extraordinary claims being made by Carl Freer for this company – Watstock.
However, Carl Freer’s name was not one to be easily forgotten by those who support the Palestinian struggle. The devastating impact of that fraud by Carl Freer left an indelible imprint in the minds of those for whom Palestine means something. One or more of the King’s ever-alert and loyal guardsmen (we believe), operating on a hunch, reached out to us.
If they were to believe the Carl Freer narrative, this company, Watstock, incorporated on 6 March 2017 with one sole director, has become the single most valuable piece of software in the world in about 4 months. They were dubious.
After we provided them with evidence that Watstock is a shell company operating out of premises rented from Regis in Singapore, they became more suspicious.
For The Record – Neither Professor Huang Guangbin Nor the Nanyang Technological University are Affiliated With, or Working With, Watstock
From our site they learned that Professor Huang Guangbin – a leading name in AI and ELM technology – was NOT a co-founder associated with the site, and is NOT working with Carl Freer or Watstock. (Link)
Neither is the highly respected Nanyang Technological University assisting or cooperating with his ‘venture’ – despite Carl Freer’s Radio interview claims to the contrary.
But there was something more nagging at these men, and in the back and forth between discussions they suddenly had an awakening. Was it THAT Carl Freer!!? Could it be the same one?
Here was a man – a twice convicted fraudster – using his silvery tongue to bewitch and fool a prominent radio station to broadcast his message to the people of Dubai. His message – “I have invented something incredible; the top names in the industry are affiliated with me; the banks support me; look at the evidence I have; invest now and your money will grow into a huge return – the best and safest thing you ever did.”
It is an almost identical scam to the one he used to defraud the Palestine Investment Fund. 12 years ago Carl Freer forged documents to “prove” that Microsoft was backing his ‘incredible invention’ that was going to revolutionise the world; he forged documents to “prove” that he was supported by Banks and therefore validated by their due diligence; he lied about so many things there is no space to detail them all – they are in the attached motion. And this was all to specifically target the Palestinian Investment Fund and scam them out of $20 Million. See the video – click to help increase the exposure of this criminal.
That Carl Freer thinks that Dubai, or perhaps Arabs in general, are a soft touch, goes without saying.
Why would someone who had scammed the PLO out of that much money, feel they can come live in an Arabian country and broadcast their next scam with impunity across the nation? Is he laughing at the citizens?
The money Carl Freer stole had been pledged to help and care for the impoverished and dispossessed in a country where they faced constant oppression. It is one thing to scam some money out of wealthy people – it is despicable to steal from, and add to the oppression of, people who are already struggling.
Carl Freer has repeatedly demonstrated over the years that he really doesn’t give a damn who he steals from. He is currently paying for pages and pages of lying drivel to be posted on the internet to create glowing report charades ofwhat a great humanitarian and philanthropist he is. These sites proclaim that thousands of children in Africa owe their very lives to his generosity; he asks that you donate your old clothing . . . It is all part of an illusion that Carl Freer tries to paint of himself to facilitate his scams.
Carl Freer is no humanitarian. He is a barbarian. He does not protect or help the weak – he steals from them because he knows they can’t fight back. His philanthropical thinking at best goes along the lines of, “If I take all their money they can’t buy guns and will have to do with throwing rocks at the tanks, and that is good because they are less likely to get shot.”
Although Carl Freer has been arrested in 5 different countries; has had an international arrest warrant out on him; has many millions outstanding in court awarded judgements against him; is a prime suspect in the IT Factory Fraud (which came to light in Dubai); always leaves a trail of broken dreams and destruction in his wake, he continues to evade the law. He is as slippery as a teflon-coated, slime-covered eel.
Some Justice for the Palestinians – Please
So far in this site we have passively provided information on Carl Freer and his criminal acts and mindset. We felt we should make facts known, but that if people do not heed the warnings and are stupid enough to fall for his lies, then so be it.
However, we feel we must now urge that action be taken. Carl Freer is evil. He has done evil to many people, and he plans to do more evil to many more people. The hypocrisy, the duplicity, the brashness – that he choses to perpetrate his next crime in he Middle East – the site of a past atrocity . . .
We urge those loyal to His Highness Sheikh Mohammed bin Rashid Al Maktoum and we urge those sympathetic to the plight of the Palestinians to ensure that justice is done.
No one else has managed to stop this man. You can.
With the Dubai authorities assisting the Palestine Investment Fund a quick arrest would allow the matter to be heard in a court of law where real truth prevails, and would give the Fund its only viable opportunity to recover its money.
The motion we attach below is full of facts. The facts are facts. In the USA, using high paid lawyers with funds he stole from the Palestinian Investment Fund, Carl Freer managed to get this motion dismissed. The facts in this motion are the facts – they have yet to be heard in a court of law.
Carl Freer has come to Dubai to execute his next scam. It is almost prophetic.
The way we see it there are two options here:
Either he will succeed and prove that, despite their reputation as astute businessmen, it is easy to scam Arabs, or
He has come to Dubai hoping to bring to an end his life of crime, to finally face his victims and to find his executioner.
A link to the radio show. It is of note that the hosts say they could not find anything online about Carl Freer and Watstock – he does have a remarkable ability to bewitch and confuse. Around the 9:20 mark is where he tells the lies about the Professor and university supporting him. If you listen to the whole thing you will not fail to be impressed by his ability to not answer the clear, intelligent, and penetrating questions the hosts ask him.
A sound bite of the lie.
The incorporation papers of Watstock showing that it has a sole director, all shares are owned by Carl Freer and his wife and that the Co-Founding Professor is absent from the documentation.
Data from the Professor in which he in no uncertain terms makes it clear that he is not affiliated with Carl Freer or Watstock.
OK – that is a trick question. Earnest Hemingway was one of the more famous people to bring the mental disorder of mythomania into the sphere of public knowledge. It is also known as pathological lying – same thing.
Hemingway had been a US soldier when the allies finally broke through the enemy lines and arrived in Paris.
As everyone knows, defeating the Nazis was a major international effort – tens of millions of people were involved, thousands of individual battles, uncountable campaigns, scores of generals and field marshals. Millions of people died.
And yet, if you listened to Earnest Hemingway, it was he who had liberated Paris! He was the first one in there – if it had not been for him Paris would have remained under Nazi occupation. He was the hero who lead the way, vanquished the enemy, and won the hearts and minds of an entire city. He was the liberator.
This was a fiction that existed in his mind – and in his mind alone.
He would deliver talks about his heroism, and would take along a battered helmet and some blood-stained pants which he would hold aloft as ‘evidence’ of his bravery.
When challenged about his lying, Hemingway acknowledged, but defended, his lies claiming they had a valid purpose and were therefore legitimate.
He said, “It’s not unnatural that the best writers are liars. A major part of the trade is to lie or invent and they will lie when they are drunk, or to themselves, or to strangers. They often lie unconsciously and then remember their lies with deep remorse. If they knew all other writers were liars too, it would cheer them up . . . A liar in full flower . . . is as beautiful as cherry trees, or apple trees, when they are in blossom. Who should ever discourage a liar?”.
Whether Hemingway was correct or not in defending his lies, the fact of the matter is that he was a fiction writer. He wrote great stories. They were fabrications – created for entertainment. When you bought his books, you knew you were buying fictitious stories for your intellectual pleasure – you did not think you were buying history books, physics books, encyclopaedias.
When you bought his books, you got what you paid for. A good story that was worth the few dollars it cost to buy. There was no intention on the part of Hemingway to deceive. (Some great Hemingway quotes.)
Carl Freer is a mythomaniac – with an evil agenda
Carl Freer suffers from mythomania too. He lies with gay abandon. Uncontrollably, un-remorsefully, unrepentantly, and – the biggest ‘un’ of all – unfailingly. You can bank on the fact that he will lie. It’s all you can bank on.
The most predictable and reliable thing about Carl Freer is that he will lie – about anything and everything. It is the only certainty you have when dealing with him. He lies about where he lives, he lies about his date of birth, he lies about his criminal convictions, he lies about patents, he lies about parents, he lies about his business acumen, he lies about his private life . . .
But unlike Hemingway, Carl Freer lies to cheat people – not to entertain them. His purpose is to con people, to scam people, to take their money and give them nothing in return. Carl Freer is a criminal – not an entertainer.
You may think this is a little strong. Everything we have said above is true, and can be proven – documented – as true. If it wasn’t true we wouldn’t say it. As we have said before, this is a due diligence site – not a hate site. We do not need to lie – do not need myths – to show that Carl Freer is a liar, and a criminal.
After all, if we did lie about Carl Freer we would no doubt hear from his lawyers. And – believe it or not – we have heard from his lawyers.
That is right – we are being threatened because Carl Freer says that we are lying about him. He objects to every word on this site – even though we are simply citing court records, judgements, newspaper articles, interviews and documents that he has either not challenged previously, or has lost his challenges on.
Funny thing is that he lied to his lawyers. But that is a story for another day. (The new ones – you already know he lied to others.)
Defining characteristics of mythomania, or pathological lying, include:
• The stories told are usually dazzling or fantastical, but never breach the limits of plausibility, which is key to the pathological liar’s tactic.
• The fabricative tendency is chronic. It is not provoked by the immediate situation or social pressure so much as it is an innate trait of the personality.
• A definitely internal, not an external, motive for the behavior can be discerned clinically.
• The stories told tend toward presenting the liar favorably. The liar “decorates their own person” by telling stories that present them as the hero or the victim. For example, the person might be presented as being fantasticallybrave, as knowing or being related to many famous people, or as having great power, position, or wealth.
Pathological lying may also present as false memory syndrome, where the sufferer genuinely believes that fictitious (imagined) events have taken place. Sufferers may believe they have accomplished superhuman feats or awe-inspiring acts of altruism and love.
Carl Freer’s Mythomania on-line
Since we started this site, Carl Freer has resorted to even more lies. You can see these on You Tube if you look.
A couple of months ago there were a few videos of him – and as we covered in a previous article (Carl Freer – Paragon of Perfection) – if you clicked on them hoping to learn something about him, all you got was a video of clouds, or mountains to trees.
Recently he has flooded You Tube with videos about what a great humanitarian and philanthropist he is; what a great business leader he is; his thoughts on all manner of topics such as why it is good to invest in Singapore, how AI will work and so on.
This is all a transparent attempt to try and drive our rankings down and fool people into thinking he is a great guy.
We love it!
As usual, the only one falling for his bullshit is him! We have had an influx of data about him, and privately had many people contact us to enjoy some private schadenfreude. You see – even his ‘friends’ admit he is nuts – and his past employees, investors, lawyers – and even a doctor – all know he is nuts.
We owe the recent acquisition of the German judgement against him to his recent attempts to whitewash himself, as well as some other interesting tidbits we will soon share.
Some examples of his ‘Mythomania’:
Carl Freer always insists, about his conviction for Fraud in Germany, that he never stole any cars, and that he didn’t bounce the checks – he cancelled them because he thought he had been sold stolen cars.
Except the judgement says that;
a. He was using an alias when he ordered the cars – Brian Littlejohn;
b There never were any checks – he fled the country immediately after receiving the cars and without paying for them (i.e. he stole them – they were not stolen before he stole them);
c. When tracked down he then fled to the UK where he was arrested under an international arrest warrant.
That judge wasn’t buying his bullshit! Why does Carl Freer keep using the same ‘defence’ as he used in that case when it quite clearly failed? Answer.
Tiger Telematics first 10K SEC filing described Carl Freer as a “co-founder of software company VXtreme (which Microsoft purchased in 1997). This is a lie and the truth will amaze you. (See the PLO article where we go into that more)