How Carl Freer Makes Money

Look into my eyes. I have something you want.

One of the most frequent questions we are asked is, “How does Carl Freer make money?”

The simple answer – the thing we have been trying to tell people all along – the whole point of this blog – the bottom line truth – is that  Carl Freer doesn’t make money, and never has made any.

“Making money” as a concept suggests the existence of a product or service that is provided to others as an equitable exchange for their money.

Carl Freer does not have, and never has had, any genuine product or service to provide to anyone.

Carl Freer does not make money – he steals money.  Carl Freer is a thief.

One does not think of a thief as being someone who “makes money”, any more than one thinks of a beggar as being gainfully employed in his chosen occupation of begging.

Thief is not a legitimate occupation.  It does not have a Tax Code.  One does not add Sales Tax or VAT to Thieving.  There are no ads saying, “Thief wanted – $35 per hour base rate plus commission.”  Thieves do not make money – they steal money.

It is an empirical fact that Carl Freer has never made money

Look at the facts.   And here we are not just talking about the courts all around the world that have convicted Carl Freer for being a Thief (Fraudster, ConMan, Cheat, Swindler, Racketeer – call it what you will, it is essentially the same) – we are talking about his record as a businessman.

Over the years Carl Freer has formed companies in America, United Kingdom, Sweden, Vietnam, Hong Kong, Brazil, Singapore and Dubai to name but some of the locations.

Every one of those has failed.  Not one of those has ever had a legitimate product or service to provide to others.

Of course Carl Freer will insist that they did have – but let’s look at that.

He might for example point to Unicorn Labs Pte Ltd, incorporated on Sept 8th, 2015, trading as ULab.    On iTunes and Google Play ULab claims ownership of 17 mobile apps.

Surely ULabs, with 17 ‘products’ it sells to the public was legitimate.

Well, no.  Not even ULab – which out of all of his companies came the closest to seeming like it had legitimate products – made any money.

First of all, the apps are freebies – they are given away.  Secondly, in 3 years of ‘trading’, ULab has only managed to give away 141 total downloads of all apps combined.  That is dismal.

This leads us to the real point here, which is – what is a product or service?

As we all know, people love freebies.  If something with even a small value is offered free, stocks will be depleted in minutes.  The only free stuff that doesn’t move off the shelves is that which is worthless – or worse than worthless.

A stand by the side of the road loaded with fresh tasty apples and a sign that said they were free would be empty of apples before long.  The same stand loaded with rotten apples would not empty.  Some stuff is just so bad that it cannot even be given away.

It is the same with service.  If some tramp came to your car with a filthy bucket of muddy water and a dirty rag and offered to clean your windows free, you would tell them – politely or probably impolitely – that you did not want their free service.

This introduces the idea that to be worthy of being called a ‘product’ or ‘service’ an item must be something that people actually want.

It is not just ULab that could not give away its products.  Look at the Watopedia scam that we highlighted in its infancy and warned people of.  This has 2 apps – Hotstock and Anywear – both of which supposedly make use of cutting edge AI technology to give their users the upper hand.

With just 14 downloads between them since their launch a year ago, it is clear that the consuming public can see exactly where Carl Freer is at.  What is amazing is that the investing public do not have the same ability to perceive.

Hmmmmmm. Sounds like a Bull.

Carl Freer does not have and never has had, any genuine product or service to sell.  He can’t even give his inventions, apps, services or amazing insights into AI, away.

What Carl Freer does sell is amazing stories of how successful you will be if you follow his advice and guidance – he can produce an app which will allow you to increase your profits.

For instance, if you had a car hire company, imagine how profitable the company would be if everybody in the UAE could download your app!

And therein lies the problem.  ”IF.”

Because even dim witted  people know that the public do NOT download apps – especially not those created by any Carl Freer Company.  The general public seem to have a sense about Carl Freer enterprises.  They somehow smell a rat.  Not surprising really – he is a rat.

Think about it – would you give a thief your financial details in order to hire a car?

You should also look out for the Carl Freer  ‘AI assisted App’ which will help you decide what Horse to bet on in a Horserace, and even encourage you to place your bet through the app.  Again why would anybody use an app created and provided by a thief?  People are just not that stupid.

But How Does He Keep Going?

Despite his companies never making any money, despite all the court cases awarding the staff their unpaid wages, and investors and institutions the return of their fraudulently stolen money, it is clear that Carl Freer does end up with a lot of money.

His current lifestyle – supporting wives and mistresses and useless staff/kids in expensive apartments in expensive cities – having to pay continually for reputation management to hide his criminal past from people while he scams them – having to take constant evasive action and the cost of security to avoid the Palestinians – having to constantly appease the Russian Mafia – is estimated to cost close to $500,000 per month.

We have explained in many articles on this site the ways in which he steals, defrauds, cons, or otherwise separates fools from their money.

And yet, it seems, he continues to bring the money in, which in turn could imply that he MUST be selling something of value.

In the interests of finally getting some of the investors to understand what is going on, we have decided to give this ‘product’ or ‘service’ a name.

What Carl Freer Does to Make Money

Throughout history, there are famous examples of people using their position for personal gain.

Prominent among those, and one that most people know of, is Papal Bull 1455 in which the Pope decreed that all lands and all the people South of Portugal – i.e. All of Africa – belonged to Portugal; and thereby set up the slave trade that was to result in mass human trafficking to the Americas – which he decreed, in the less known Papal Bull of 1493, belonged to Spain and Portugal.

The Holy See, God’s representative on Earth, responsible for the souls of all men, was simply seeing to his own personal gain, and through series of Decrees and Bulls, stole not only all property people owned but their lives as well.

People lived in terror of Papal Bulls.  When a new one came out the population would, in unison, moan, “Oh Shit!”

And that, of course, is the origin of the term, “Papal Bull – Oh Shit.”   Abbreviated now to just “Bull-Shit.”    And Bullshit is what our man Carl Freer sells.  It stinks of fraud.  It stinks of manipulation and personal vested interest.  It stinks of deceit.

Carl Freer pontificates endlessly about AI and what a genius he is and the apps he can make that will transform people into millionaires – an endless stream of bullshit.  And people buy it.

Obviously “Carl Freer Bullshit” is a genuine commodity wanted by some.  Some people like that stinky stuff.  And THAT is how he “makes money.”

Art Lover, Carl Freer, Announces the Sale of His Private Art Collection As Evidence of His Honesty and Honour

 

I just don’t believe it. Carl Freer will do what?!

“I have decided to silence my critics and show that I am indeed a man of honour,” Carl Freer told this stunned reporter last week.

I received a telephone call from Carl Freer who said he was calling from his hospital bed where he was receiving treatment for an old back injury.  After 11 minutes of complaints regarding some of the sites articles he astonished me with the following statements.

“Critics point to the fact that in the past, in just about every one of my companies and ventures, my staff have gone unpaid and instead been left with fistfuls of shares and court judgements against me – both of which are unredeemable and therefore worthless.”

“I am tired of being touted as a criminal,” complained Carl Freer, his voice racked with grief.  “It’s not my fault that all those companies failed – but people don’t see that.  They blame me – all of these people have entitlement issues.”    

A Most Amazing Mind and a Man of Honour
One of many articles Carl Freer has posted on the Internet in his campaign to enlighten people on his virtues

“I want to be recognised for what I truly am – one of the most astounding minds of the 21st century; a visionary entrepreneur who revolutionised the world of handheld electronics, spearheaded proper medical care for burn victims, and who is single-handedly ensuring that the development of AI is toward improving the human condition rather than another means of further increasing the power and wealth of a selected few.”

“I am sick to the core of people who only think of themselves and what they can personally get out of any given situation.  I will no longer be such a person.” 

Carl Freer seemed genuine as he told me this.  This was not the man I expected – he was very convincing, and he seemed very open and honest. Carl Freer hates the lies spread by envious people on the internet and in the press – people who claim that he, the great Carl Freer, is a deceitful, multi-convicted, felonious scammer plying his trade in an ever shrinking environment as his criminal past catches up with him and funnels him toward life a cage where his undoubted persuasive skills will be fully tested in a portentially futile endeavour to  preserve some sort of dignity and not end up as Big Baba’s bitch.

I will sell my art collection to protect my honour

I asked Carl Freer what he planned to do to ensure that his current staff would be taken care of.  His raucous laugh used all the bandwidth before he explained, “Look . . . in the past, I would simply have employed delaying tactics against the staff.” 

“I would have strung them along for months with promises of pay just as soon as some investor money came through – and I am good at that one.  I can make it seem like the funds are just around the corner.”

“Then I could add in some personal situations – like maybe going to a hospital for a health issue or something like that. I have done that several times and it works every time.”

“And then I offer them stock in the company as evidence of my good faith.  That shows them that I value the company and that I do not believe it is failing.  They always go for that option.”

Carl Freer started his art collection in 2004

“There are all kinds of things I can do.  I have often given people things – like watches or cars or whatever that are bought with a small down payment and ongoing financing.  That one is great.  They think they have something – until the repo and debt collectors come round and they realise all they actually have is a shit load of trouble  . . .”  

“All of the above are legitimate strategies for a start-up company pre-revenue – if you don’t like the environment of a start-up company then the staff should work for multinationals.  I am tired of their whining.”

“What is different this time?” I asked persistently.  “How do they know that this time you will actually pay them and not screw them?”

Carl Freer’s laughter grew louder.

“This time I am going to sell my art collection and raise the cash to pay them!”

The revelation was astonishing.  But I knew his critics would just say that he does not have an art collection to sell, and this is simply another Carl Freer ploy.  I asked him to provide some evidence.

Within seconds Carl Freer sent me this picture.

The most important thing in Carl Freer’s life benevolently illuminating his wife and daughter on her 4th birthday.

“Here,” he said, “are the three loves of my life. My painting by Marc Chagall called ‘La Concert’, my wife Ericka and my daughter Isabella.”

“That painting alone is worth more than ten times all the money owed to my staff / investors. In fact, a Chagall painting sold at auction last year for $28.5 million.”

Carl Freer was forced to have his art collection appraised in a suit brought by the Bank of Scotland from which he essentially stole the multi million dollar yacht Birgitta – named after his first wife, and before he acquired “La Concert”

Carl Freer forwarded a document and explained it to me.  “This is a valuation created by independent experts of some of the art I have collected and own.  Together these pieces were all worth more than $21 million – and that was at that time.  I have added to the collection since, plus its value has risen substantially.”   

I must have sounded surprised because Carl Freer then forwarded me other documents that proved the existence of, and his ownership of, Juanita – the company that holds all of this artwork.

Carl Freer asked me not to support his detractors and doubters, but instead to relay to them that he is an honourable man, a true humanitarian, a genuine philanthropist and that he is as good as his word.

He insisted that no one should doubt him – he will liquidate his art collection through auction houses and private sales – funds will be readily available to pay all the outstanding bills and past judgements against him.   He said if his word was not good enough, he also needed to take care of everything so he could relocate his family and businesses to Vancouver, Canada.

I declined his invitation to join him in Dubai to meet with the auction house overseeing the sale of the picture La Concept.  I cannot be sure if Carl Freer’s statements were genuine, or simply a delusional concoction resulting from pretended back-pain, too many drugs, and his natural propensity for dis-honesty.  Time will tell.

But – always the optimist – I say that we should all give Carl Freer the benefit of the doubt once again and all hold our breath in anticipation of his, for once, doing the honourable thing.  And may we all Rest In Peace!

To our friends in Dubai, “Thank You!”    We are always grateful for the information sent – we would like to verify the sale of the collection.

Only in Dubai . . . Notorious International Liar, Fraudster and Criminal Carl Freer, is Allowed to Set Up a Hedge Fund with a Government Employee Abdullah Al Mansoori as a Partner

Carl Freer’s latest scam

Watstock, a Carl Freer company, has publicly announced that it is establishing a Hedge Fund. Only in Dubai would a known and documented liar and serial fraudster be allowed to announce the launch of a Hedge Fund.  And, presumably, only in Dubai would a Government Official charged with maintaining the good name of Dubai and the King, be allowed to partner with him in the venture.

Carl Freer – read about his mafia connections, his crimes and his convictions

Someone who was there throughout the pitch for funds event described Carl Freer’s presentation as,  “Entertaining, skilful, slick and seductive, but . . .”,  he added, “. . . empty”.   If he had NOT conducted his due diligence on Carl Freer he may well have been added to the list of losers that were taken in by the latest Carl Freer scam.  Although it was not stated during the event, the fund has been set up as a “Two and Twenty” so that Carl Freer, no matter how much money he loses everyone else, will always be a winner.  No surprise there – It’s the same basic premise as every one of his scams; and when exposed he will leave the country and relocate somewhere else – Out of reach of his business partners – Out of reach of the authorities – Out of reach of investors.

Carl Freer – arrested in 5 different countries

Only in Dubai . . .

So confident is Carl Freer of his chances of success in Dubai that he has lunched a new company, Intelligentia Artificial Intelligence Solutions Ltd, with new business partner Abdulla Al Mansoori.

Abdulla Al Mansoori is Carl Freer’s new business partner and meal ticket

Abdullah Al Mansoori is perfectly capable of assessing the evidence and taking a measured view.  If he were able to be Carl Freer’s Business partner in isolation that would be a matter for himself.

However, he is obliged to safeguard both the integrity of his Family name, and, due to his position, that of Dubai.  His judgement in this matter will come under scrutiny.

Carl Freer found guilty and must serve jail time for his felonies – arrest warrant issued. Click here to link to the French Judgement.

Abdullah Al Mansoori – love bombing victim

Abdullah Al Mansoori is Carl Freer’s meal ticket in Dubai.  He is the one that gives Carl Freer the wasta he needs to stay out of jail, and the support he needs to pull off his scams in Dubai.  We wondered who it was – now we know.

Abdullah Al Mansoori represents Dubai – the showcase for the Arab world.  He is entrusted with, among other things, an important aspect of Dubai’s PR – he is Director for Corporate Support at the Government of Dubai Media Office (GDMO), and responsible for managing the Finance, Procurement, IT & Information Security, Legal and Human Capital departments of the organisation.

One would think that someone in his position would minimally do a simple google search of anyone he was going to go into business with, let alone someone he was endorsing.  And with the incredible volume of documentation about Carl Freer’s scams, criminality, and convictions it is implausible that anyone who endeavoured to find the truth could fail to find that Carl Freer is untrustworthy.

Abdulla Al Mansoori’s Boss, Malek Al Malek, could investigate Carl Freer

Our source has told us that Abdullah Al Mansoori is not a bad man – he is just not the sharpest tool in the box.  If he is unable to do the needed due diligence himself, or make sense of what he finds, he should at least get one of his staff to do some.  We recommend Malek Al Malek, his Boss.  Or, Abdullah Al Mansoori is more than welcome to contact us directly using the protocols we have, and we would be more than happy to provide additional, as yet un-released, information on Carl Freer.

Abdullah Al Mansoori could even contact Rachael (rachel@watstock.com) who is reported to have disagreements with the constant duplicity in the Carl Freer camp.

Abdullah Al Mansoori should feel no shame for having fallen for the Carl Freer love bombing he will have been subjected to.   Better men than he have fallen for the wily ways of Carl Freer and believed they were his best friend, honoured to have given him the last chance he needs to make a success of life, and guaranteed a place in paradise for their generosity.

But Abdullah Al Mansoori should know for a fact that there are no happy ex-Carl Freer partners – other than Mafia connections who continue to profit from his thieving.

Think about it.  What does a criminal bring to the table in Dubai?  A criminal with no formal education; a criminal who has been smooth talking and scamming money out of people since he was 16; a criminal who has an unmatched and spectacular list of failed endeavours to his name; a criminal who has never made an honest dollar in his life. (Link to previous article).

Does anyone honestly think he brings a deep understanding of artificial intelligence?  Or that he is someone that should be entrusted with other people’s money?

If he were a private citizen, Abdullah Al Mansoori could do what he liked.  However, he is obliged to safeguard both the integrity of his Family name, and, due to his position, that of Dubai.  His judgement in this matter will come under scrutiny.

Abdulla Al Mansoori’s endorsement if a known criminal could undermine the trust in the UAE government

Abdulla Al Mansoori is obliged to give an honest account of his business partner’s previous criminal history before seeking investment or attracting clients; and he must know that when they get scammed and seek redress for their losses, his association with a known criminal will become an issue – even in Dubai.

If common sense doesn’t work, perhaps Abdulla Al Mansoori will be saved by the Intervention of senior members of the Al Mansoori family – They could point out that a signed promissory note from Carl Freer means nothing – Having the intellectual property transferred into your name as security means nothing – Holding his share  in trust until the company is profitable means nothing – These are the make-up points of the fraud – Previous partners and business associates have been given the same security and still got cheated out of millions.

We suggest he updates his linkedin page in order that Seven Capitals LLC, Savola Group, Mubadala, Audax and Quilvest Private Equity know exactly who they are dealing with.

Once again, special thanks to our growing circle of friends in Dubai.

The Lies and Crimes of Carl Freer – Tiger Telematics, Inc

The convicted fraudster Carl Freer

One of the great fascinations in following Carl Freer, as with any pathological mythomaniac, is separating facts from fiction.

The way Carl Freer puffs out his chest and preens while telling the story might lead one to believe that his proudest achievement was founding Tiger Telematic Inc and its subsidiary Gizmondo Europe Limited – a fairy tale that anyone associated with Carl Freer, even briefly, will have heard many times.  (Link to a series of entertaining articles on Gizmondo by “The Drive”)

Carl Freer did not found Tiger Telematics Inc.  It’s a lie.  The history of Tiger Telematics reveals that it originated as a Delaware based company called Floor Decor, Inc.

In 2001 Media Communications Group, Inc and Floor Decor, Inc executed a reverse takeover.  For the uninitiated, that is a procedure which circumvents usual accounting procedures for a company wishing to become publicly traded. This occurred prior to Carl Freer’s involvement within the company – around the time he was stealing and reselling exotic cars in Europe.

In 2002 Carl Freer was an active director in the UK-based company Eagle Eye Scandinavia Distribution Limited when Floor Decor Inc purchased Eagle Eye Scandinavia Distribution Limited for 7 million shares of its stock on 4 February 2002.

Some months afterwards, in July 2002, Floor Decor Inc renamed itself Tiger Telematic, Inc. The 2002 annual report is where Carl Freer received his first mention – he would later become the chairman of the company.

The biography Carl Freer provided to the SEC claimed that he was a trustee of Kings Medical Research Trust and the founder of a company called Vxtreme. Both of these statements are of course lies. (Link)

Condemned, Convicted and Sentenced to 2 Years in Jail by the Highest Court in France – Carl Freer is a Wanted Criminal – He Has Been On The Run For 16 Years – Scamming All The Time

Importantly Carl Freer failed to disclose to both the SEC and the board of directors that he had a previous conviction for fraud; that he was challenging an international arrest warrant; fighting extradition from the UK to Germany to face further charges for fraud – which he was subsequently convicted on; and compelled into  committing criminal acts at the behest of the Swedish Mafia (or so he claimed as a defence in an attempt to bamboozle the French Court of Cassation – which didn’t work as shown above).

The unsuccessful commercial activities in 2002 finished with the annual report expressing doubts about Tiger Telematics’ ability to continue operating. The company shareholders routinely authorised the increased issue of shares from 100 million to 250 million and then to 500 million.  Under Freer’s stewardship the company never produced income and the 2003 annual report held an audit opinion that the amount of equity or debt needed for the company to successfully execute its business plans raised substantial doubts about its ability to continue as a going concern.

Tiger Telematic was essentially a tool used by Carl Freer as a grand PR machine for his various scams.  It would pump out press releases regarding sponsorship agreements, joint ventures and strategic partnerships.

As the company entered into 2004 the litigation began.

F1 team Jordan filed a 3 million lawsuit against Tiger for failing to make $500,000 payment due under their sponsorship agreement. 2Games Ltd sued for trademark infringement.

Tiger Telematic Inc was removed from the over-the-counter bulletin board and began trading on the Pink Sheet system.  Even though many of the PR statements claimed the company traded on NASDAQ this prestigious goal was never achieved.  Yet another Carl Freer lie.  Tiger Telematics never became a NASDAQ listed company.

Tiger Telematic Inc’s SEC filings provide documentary evidence that Carl Freer was, and is, a dishonest man, with dishonest intentions for the companies he controlled.

Watstock is a recent example of a scam

He is a documented liar and cheat who, through persuasion and pathological lying, presents himself as an honest entrepreneur worthy of support and trust.

Every fraud has a beginning, middle and end. In regards to Tiger Telematics  the beginning was founded on and laced with lies, the middle was the self-enrichment program, and the end was the company being exposed and abandoned with debts in excess of $200 million.

This exact pattern exists in EVERY Carl Freer venture, company or ‘opportunity’.

Had Tiger telematics conducted due diligence prior to Carl Freer’s appointment events may have turned out differently.   As ever the company’s advisors, attorneys, bankers and shareholders were all deceived.

Unfortunately the same can be said of every investor, employee, lawyer, banker or associate that has fallen foul of Carl Freer.  Had they done just a little due diligence . . .

That is why this site exists – to make enough of the truth about Carl Freer available and easily discoverable.

Carl Freer – Verified and Documented as Fraudster and Criminal by the Danish Courts

Carl Freer lost his defamation case on all counts in the Danish Courts

Danish courts reject defamation claim by convicted Fraudster Carl Freer – verify he is a Criminal and Fraudster

In the Danish article pictured (dated 29th of June 2018) we have the details of how his case was dismantled on the facts by the Danish Courts.  Despite having retained some of the best lawyers available (check the links to see if they will ever get paid), and having attempted a massive Internet reputation management campaign, they were unable to hide the truth.

The truth being the fact that Carl Freer is a convicted criminal, on the run to avoid a jail sentence, and relying on wasta to stay out of jail in Dubai.

Carl Freer is a documented liar and cheat – a three-time convicted Fraudster with an outstanding warrant for his arrest issued by the French courts.

These things cannot be hidden.

Carl Freer is halfway through the year 2018.   It started with the judgement against Carl Freer of $6.2 million in favour of his previous attorney Terry Wyles.  That was soon followed by a subpoena issued by IT Factories liquidators Attorneys in New York.  That has now been  followed by this judgement against him.

We will monitor and report on the next 6 months.  There is much more to come.

Carl Freer’s link to Börsen

Happy Birthday Carl Freer!! You Can’t Fool Everyone All Of The Time. In Dubai You Can Buy WASTA, And On Wiki You Can Pay To Publish Lies and Suppress The Truth, But – We KNOW.

Carl Freer passport DoB – May 19, 1970

The 19th of May 1970 is   Carl Freer’s Birthday.   That is what is shown on all of his legal documents – his passports, drivers licenses and so on.

However if you go to Wikipedia you will note that Carl Freer’s date of birth is given as 9th May – a very small but deliberate trick so that he can, as needed, invalidate the content of Wikipedia – this has been a deliberate strategy for many years – he can rubbish any negative story by simply saying,  “They can’t even get my date of birth correct!”  (And then quickly pay to have the truth removed and replaced with false gloss by his stable of ‘editors’.)

His Wiki Page, which he pays a fortune to keep edited and clear of the truth, intentionally has the wrong DoB.

For those who understand due diligence a quick visit to the edited history pages demonstrates the enormous lengths and costs that Carl Freer has gone to in order to cleanse his public persona  – and yet despite all that effort he couldn’t get his birth date right?

Has It Been Worth it Carl NotMuchFreerThanAFishInABowl – and not free for very much longer?

Enjoying your wonderful lunch at the Four Seasons Hotel – your guests may wonder where your family members are – where your business associates are – but more importantly, where your friends are?

What do you tell them?   You have a lifetime of fake achievements – fake companies – fake charitable positions – fake inventions – fake friendships – – – all designed, you thought, to enrich you.   So do you feel enriched; does your cup overflow with happiness?   We guess not.

Birthdays provide an ideal opportunity to audit your lifestyle, if you have backbone enough to look.   Any attempt to establish yourself as a legitimate businessperson will fail unless you first deal with those that you have cheated and lied to.  You should start with the first person you cheated and lied to and whose self respect you destroyed – yourself.

If you can’t straighten yourself out, others will do it for you.

Readers have reported that the American subpoenas are starting to bear fruit – in addition, there is  growing information regarding the litigating of a cryptocurrency fraud.

We will gather the data and provide the readers with an update in due course.

You can either deal with the truth, or forever have to pay for lies on Wiki, for fake videos on YouTube, for false PR articles in fake media, for Wasta to stay out of a Dubai jail, and for bots to slow our website down.

 

Carl Freer Stole His Father’s Soul

This site receives lots of enquiries asking us, one way or another, why Carl Freer behaves the way he does, and this article is an attempt to give people an understanding of the psychological make-up that is Carl Freer – Sweden’s Most Successful Failure.

John Freer, Carl Freer's Father
An Honourable Man – John Freer – Father of a Dishonourable Man – Carl Freer – International Fraudster and Resounding Failure. Carl Freer’s First Crime Was To Steal His Identity To Defraud A Bank

Bottom line – Carl Freer is a thief.   While he has stolen millions of dollars, the most valuable thing he stole was his Father’s persona – along with much of his good name and the goodwill he genuinely earned.  Carl Freer dons that gentle soul’s personality like a grotesque leper wears a mask to hide his disfigurement.

Carl Freer Trying To Emmulate His Father

People meeting Carl Freer for the first time see a ‘kind and gentle soul’, a ‘thoughtful, sharing and caring individual’ who appears to genuinely have their best interests at heart.

Carl Freer is adept at slipping into that character – his Father – and using that charade successfully cloaks from view the fact that he is a genuinely nasty man.  Lepers are disfigured by disease – not something they desire.  Carl Freer is disfigured by choice – in heart and mind and soul.

Close associates, employees, family – they all know who he really is.

Lyndon Johnson allegedly said that every man is trying either to live up to his Father’s expectations or make up for his Father’s mistakes.   Perhaps he should not have used the word “every” – because Carl Freer does neither of these.

As we will show you below, Carl Freer’s Father, John Freer, was a successful man; an accomplished academic and author; a man who helped improve the world we live in and who applied his many talents to constructive endeavours.  He was well-loved and respected by friends, family and acquaintances and those whose lives he touched usually benefitted from the interaction.  He was, and still is, highly regarded by his peers.

John Freer’s expectations were that his son would grow up to be a valuable, contributing member of society.  A man admired and respected by others; a man who could be counted upon and trusted; a man who would enhance the good name of the Freer’s.

John Freer did not make many mistakes.  He had an excellent career and his track record in his profession is unblemished.  But . . .  he was responsible for conceiving his son, Carl Freer. That was his Big Mistake.

Carl Freer shares none of his Father’s virtues

John Freer BSc, DMS, CEng, FIEE was an accomplished author and academic.  He served as the principle consultant at Software Science Limited when he wrote the book, Computer Communications and Networks in 1988.  The Book sold remarkably well due to it’s timely release and the fact that it filled a vacuum, assisting in the building of technologies which we now use on the internet.  Some years later he thoroughly revised and updated the Book whilst serving as principle consultant at Data Sciences UK Limited, a subsidiary of IBM.

John Freer had a remarkable mind.   He was a regular contributor to academic papers and is viewed by many as a key contributor to our understanding of Computer Networks and the Internet.

On the cusp of global recognition and on the eve of the launch of his book in 1988, John Freer suddenly had to return to Sweden as his only son, Carl Freer (18 years old at the time), demanded his Father’s attention in his court appearance after his arrest for defrauding a Swedish Bank.  The fraud had been committed by forging his Father’s signature on loan documents.  (Forging documents continues to be a staple ingredient in the Carl Freer smorgasbord of Fraud).

Carl Freer's Father - John Freer (A good man)
John Freer, Father of the notorious criminal Carl Freer.

As a loving Father John Freer reimbursed the Bank, paid for legal representation and paid the fines that Carl Freer had incurred by being caught for his criminal activities.

John Freer had some frank discussions with his son and discovered that he had long been involved in criminal activities – it was just that this time he had been caught.  Carl Freer was both incorrigible and unrepentant when confronted by his Father.  He would take no responsibility for what he had done and, like a thief might blame his hand for stealing, Carl Freer found endless ways to explain away his criminal lifestyle.

To his enduring credit, it appears that John Freer realised that his son, Carl Freer, had deliberately and knowingly chosen to live his life by stealing, defrauding, misleading and corrupting and had further realised that there was absolutely not one single shred of decency or honesty within Carl that could be appealed to, because . . .

. . . after Carl Freer ratified his career choice by getting himself  convicted of Fraud, his Father turned his back on him; returned to his career in academia, and applied his many skills to help those who would appreciate him . . .

. . . while Carl Freer accelerated his criminal activity and expanded into the dizzying heights of International Crime, breaking records by being arrested in at least 5 different countries, while evading an unappealable jail term for more than 16 years.

The Real Carl Freer

Carl Freer is a nomad.  He moves from place to place to place.  He has to.  If he stays in one place too long the authorities find him, the people he has defrauded find him, and he gets arrested.  Carl Freer is not totally stupid.  He knows that he has to keep moving – the repeated arrests in different countries have finally made him correlate criminal conduct with consequences and location.

He has been sued by Lawyers; Business Partners;  Employees;  PR Firms; and The Authorities.  Staff don’t get paid and investors lose their money. When it gets too difficult, he packs his bags and moves to a different country and starts all over again.

The degeneration of his life all seems to have all started when, at 16, he left school and abandoned the education that had been lined up for him, posing instead as a Washer/Waiter in a Restaurant while starting his criminal empire.  As a Teen, he accomplished his first criminal conviction.  At the age of 21 became a father to his first child, Julia.  (He has had 3 wives producing 5 children, Julia, Adam, Simon, ElIina and Isabella.  There are two adopted children through marriage. He is currently engaged in dissolving his 3rd marriage after hooking up with the next inamorata.)

He has lived in Sweden, Germany, France, Spain, England, Switzerland, Belgium, USA, Vietnam, Singapore and now the UAE.  In all of these Countries he has formed businesses to attract Investors, which he does with great ease by assuming his Father’s charismatic personality, before being forced to leave when people discover who he really is.

Swedish Investigator Kjell Soderberg is quoted as saying in a Los Angeles Times feature that Carl Freer could sell sand in the Sahara and refrigerators to Eskimos.  No wonder he is happy living in Dubai.

Carl Freer Dishonors His Father

Carl Freer's Father - John Freer
John Freer – His Biggest Mistake Was Conceiving Carl Freer – The Disappointment Must Have Been Overwhelming

Throughout Carl Freer’s career he has used his Father’s unimpeachable reputation.  It started with faking his Father’s signature to defraud the Bank. It continued with the (fake) King’s College $6million donation by Carl Freer to gain a Trustees position was for the alleged purpose of constructing a new building to be named The John Freer building in recognition of his Father’s achievements.  The truth was that Carl Freer was at that time facing numerous fraud charges in Germany and needed character references to show the Court that he had mended his ways.  Of course, there was no Trustee position, there was no $6million donation and there was no John Freer building.  And, of course, the Court wasn’t fooled either.

We have previously informed our readers that his Father, John Freer, was pronounced dead by his son in order to escape demands for payment from the Solicitors instructed to form a Trust.

Carl Freer wearing the mask

When his Father actually died in the UK on 4th May 2011, Carl Freer did not attend the funeral as he was in fear of being served legal notice in proceedings brought by investors.  But even in death his Father became an asset to be exploited.  In John Freer’s last will and testimony he left his son GBP50,000.00 – however in typical style, within a short period of time investors had been told that he had invested his inheritance of $1.5million into a new project.

As Carl Freer was not a UK Resident at that time he failed to realise that Wills are publicly available documents.   In fact, if you want a copy of the Will you can write to, “In the High Court of Justice the Probate Registry of Wales” and request from the Probate Registrar a copy of the Will of John Freer who died on 4th day of May 2011.

Carl Freer’s achievements

So what has Carl Freer achieved?

He has/had:-

  • 3 public companies which have collapsed;
  • Dozens of bankrupt companies;
  • Fraud convictions, fines and jail sentences;
  • Many millions of Dollars in Judgements against him;
  • Scores of staff and investors who retch at the mere mention of his name;
  • Carl Freer’s Affiliation is Detailed Herein

    Dozens of people who hate him;

  • Authorities in the USA, Denmark and France who are actively pursuing him;
  • And some pissed off dons.

Carl Freer does not have much to look forward to.  He knows the authorities are going to catch up to him soon.  The new case in the USA is a genuine threat, and the Danes are hot on his heels.  While life in Dubai may seem like fun at times, it is where he helped orchestrate the IT Factory hundred million dollar fraud 10 years ago, and it is where he ripped off the PLO for $20 million.

He faces threats on every hand.  Who will get him first?  Some self-respecting Muslim avenging the fraud on the PLO?  The American justice system?  The Dons for whom he has failed to deliver?  The French?

Interpol has been informed of his whereabouts, and his hosts in Dubai are getting weary of the noise surrounding him and his abuse of his Wasta (Royal family protection).

And . . . maybe the tossing and turning of his Father in his grave is finally starting to haunt Carl Freer.

It’s time to hit the road again Carl.

 

Carl Freer Uses Artificial Intelligence and Deep Learning App to Improve Dress Sense in Dubai

Really – a suggestive picture like this? In UAE?

The many wives of the rich and powerful in Dubai have a new app to play with, courtesy of Carl Freer’s Company Watstock Artificial Intelligence Networks Ltd.

The app is AnyWear App, and it purports to allow someone to take a screenshot or photo of someone they see, after which it will identify the clothes and design labels in the photo and take the user to a store where they can buy the same stuff.

Unlike previous launches of Carl Freer products, this one has no countdown timer and no launch party – probably because the convicted felon and fraudster Carl Freer raucously laughs about the fact that it is being released in the Middle East, where most of the woman are required to wear garments that are not particularly known for their flamboyant colors, or variations in style and cut.

The women here need to improve on their dress code.

In fact, so cynical and disrespectful is Carl Freer  that he loudly  guffaws about the fact that most of the men wear traditional garb too, and won’t be buying the app either.  He finds it hilarious, and the joke in the office is that if it wasn’t for the Westerners, who would you look at in Dubai?

He further jokes that AnyWear is soon to be followed by other Apps in the same family:-

NoWear – an App that allows the user to take a photo of someone and then matches their demeanour, height, body shape and size to Carl Freer’s ‘special’ database and shows the user what that person would look like with nothing on.

SomeWear – an App similar to the above, but which shows the person in kinky under garments.

There are many Apps in the cynical Carl Freer stable – he has artificial intelligence and ‘deep learning’ working on solving all of mankind’s major problems.

For example, other products in his Watopedia PTE Ltd portfolio include WatStock and HotStock (these make millionaires out of untalented traders); AquaFinder (very useful in the desert according to Carl – it finds Oases frequented by virgins), PetroFind, WatGold, and of course WatSharia.

Recent stats released by the industry say there are over 5 million Apps available to be loaded onto smartphones – 99 .5% of these apps will not make money – AnyWear App will be in good company – regardless of the artificial intelligence, deep learning and other buzzwords Carl Freer can muster the truth is that not one single app (or one single product) produced by Carl Freer or his companies has ever created revenue to replace the investment – which means somewhere in Dubai there are investors who are falling under the spell of the serial fraudster Carl Freer.

Ulab, Carl Freer’s previous company, ceased to trade with multi-millions in debt – this company was based in Singapore, Hong Kong and Vietnam – investors were told that it was being sold as it held valuable intellectual property – maybe it did – maybe it didn’t – they definitely saw no return.

Omar Bin Sultan Al Olama – Minister of Artificial Intelligence and Personal Friend of Carl Freer

We do not understand why Omar Bin Sultan Al Olama favours Carl Freer and his companies. Whatever presentations have been made to Omar Bin Sultan Al Olama we are confident – given the documented history of Carl Freer’s lies and deceit – that Omar Bin Sultan Al Olama and his departments’ colleagues have been lied to.

There is only one App that Carl Freer ever produced that really works, and not surprisingly it is kept secret and is NOT available to the general public.  It is called WatSucker and it identifies idiots with more money than sense who will buy into any scam.

But – no matter how good that App and no matter how much WASTA Carl Freer claims to have in UAE – history will catch up with him.

His new girlfriend is advised that if asked to open up bank accounts and become involved in Carl Freer’s ventures, she should decline.  All his previous wives have huge judgements against them, with more coming, and she would be a fool to allow the same to happen to her.

Finally we should point out that AnyWear is not a new concept.  See below.   In fact it belongs to a Danish company (so the investors were duped into funding an existing and failing product) which is interesting as . . . there will soon be other news from Denmark . . .

Links.

http://watopedia.com/#

https://itunes.apple.com/us/app/hotstock/id1251860785?ls=1&mt=8

http://www.anywear.ai/

https://itunes.apple.com/us/app/anywear/id1347154079?mt=8

Sweden’s Most Successful Failure – Carl Freer

Carl and Erica Freer – Walk of Fame Criminal Failure Winners

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.

2018 has barely started and Carl Freer has received another Court Judgment against him personally.  By personally we mean of course Judgements like the French one, wherein he was personally found to be a crook, and was personally fined and sentenced to a 2 year incarceration and 50K Euro fine.

(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.

Terrance Wyles has just obtained a $6.1 Million against Carl 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.

Mr. Terrence Wyles can be contacted on: 303-880-0884 or email: terry.wyles@startupiplaw.com

This Judgement does not stand alone:

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.

Season’s Greetings to Carl Freer, His Family, any Friends He May Still Have and His Many Foes – Updated with Additional Docs and Pics

2018 will be an eventful year for the master criminal Carl Freer.

We can fill in all the blanks – and have done for some.

A year that starts with much anticipation and reveals intriguing orchestration and manipulation as he ducks and dives in a futile attempt to free himself from the snare and its inexorable tugging toward a French jail cell, while appeasing and stalling his handlers for whom he failed to deliver in 2017 –  and all while also placating authorities on several fronts.

Before predicting the future let us take a moment to give you some background information in order that you can make your own  assessment of what makes this man tick.

Carl Freer passport DoB – what’s up with the link to the left?

Carl Freer’s Father, John Freer, now deceased, was a British Citizen who met and married Maryanne (his mother) in Sweden while working there in a nuclear facility.  Carl Johan Freer was born on 19th May 1970.

In 1976 the family moved to San Francisco where his Father became an IBM Programmer.  This post lasted for about 2 years before IBM assigned him to duties in France and Belgium.

In 1983, aged 13, Carl Freer’s parents separated and Carl Freer found himself back in Sweden living with his mother.

As a 15 year old Carl Freer dropped out of school and started working full time in Restaurants and Night Clubs.  His first fraud that we know of was committed at this time – with no customer demand for it, and on a whim, he ordered in expensive sea food delicacies which he, unsurprisingly, failed to sell and so had to consume himself least it spoil.  He was fired for that caper but not criminally charged.

The young Carl Freer had ambition – alas he had neither talent nor inclination to achieve anything by any legitimate means.

With a school friend he decided to get into designer clothing and set his sights on opening a clothes shop – so he went to the bank SE Banken and forged his parent’s signatures to secure a loan and forged various checks.  The shop fell through.   At the age of 18 Carl Freer became a Father – an event soon followed with his first conviction for Fraud.  The Prosecution was brought by SE Banken and his Father repaid the stolen funds and damages.

Click this image to get a PDF of the judgement where Carl Freer was first convicted of fraud. He tells people it was all “a misunderstanding” using a fake letter from his mother explaining about a student loan. Translate this document and discover that there was no misunderstanding at all. By age 18 Carl Freer was a sophisticated criminal forging checks in several countries, misappropriating funds and committing very intentional fraud. That is why the Judge was so hesitant to show any leniency – and why the Title of Criminal was genuinely earned by Carl Freer. And as a side note – any claim that Carl Freer makes about owning nightclubs in Sweden is false – a convicted felon is prohibited from such.

Carl Freer avoided incarceration as the Judge, regretfully, decided to give him another chance due to his young age and gave him a noncustodial sentence against his better judgement.

A decent man would have learned from his mistakes and changed his ways, but as hundreds of ex-employees, investors, and professionals can attest, Carl Freer is not a decent man.  The lessons he learned from his conviction emboldened him and he went on a roll committing numerous frauds at a rate that seems to have overwhelmed the authorities.   Swedish Media reports confirm that during this period Carl Freer was directly associated with 14 companies that were abandoned into bankruptcy.

To avoid the Police investigations and creditor actions that were starting to catch up with him Carl Freer moved to Spain where he traded in stolen second-hand exotic cars.  By this time we was 26 years old and the Father of two children.

He formed two companies in Spain – Welcom Motors and Riviera Auto Forum – and began a business relationship with Thomas Chelin selling exotic cars that had been stolen in Germany and France.

Carl Freer in Cuffs – Again

By the time he was 29 he had been arrested in Spain whence he fled to France where he resumed operations in selling his stolen exotic cars until arrested there whence he fled to Great Britain and resumed the business of selling stolen exotic cars under the alias of Eric Jonsson in a new company – European Car Sales – and was arrested again.

An International Arrest Warrant was issued by the German authorities and Carl Freer spent 3 years fighting extradition by feigning illness and incapacitation until the Germans tried and convicted him (Carl Freer alias Brian Littlejohn) in absentia on 2 counts of Fraud.  He was 35 at that point.  His then business partner Thomas Chelin returned to Estonia where he was arrested on Drug charges.

Carl Freer felt that a judgement against him in France could be overturned (thereby clearing his name), and after numerous appeals the matter was heard by the Court of Cassation – the highest court in France whose decision is final.  To Carl Freer’s great alarm the French High Court investigated the matter diligently and the 3 judges unanimously convicted Carl Freer for his criminal activities, his lies and bad faith, and his involvement with a Mafia ring – and sentenced him to 2 and a half years imprisonment, a large fine and, due to his absence, issued an arrest warrant for his immediate arrest. Carl Freer was 41 at that time and he has been on the run ever since.

Swedish Mafia – Carl Freer. He is mentioned at least 20 times.

(Read this thorough article for more detailed information and documents on his criminal past, including pertinent excerpts of the French case.)

As a serial convicted fraudster Carl Freer has grown accustomed to allegations of embezzlement, fraud and forgery in businesses wherever they are located in the World.

In 2014 a US Judge found him guilty and ordered him to pay Reinhart Boerner Van Deuren S.C. $2,543,450.07.    He was additionally ordered to pay Chicago Title Insurance Company $475,000.00.  Unsurprisingly these Judgments remain unpaid as the then 44 year old Carl Freer beat a hasty retreat from the USA and established himself in his new location, Singapore.

As we enter the year 2018 Carl Freer has over $3 million in Judgements against him, a record of 5 arrests in 5 different countries, convictions for fraud in 3 different countries, an outstanding warrant for his arrest in France, and an amazing litany of failed companies and ventures in Sweden, Spain, France, England, USA, Hong Kong, Vietnam – to which he has now added Singapore and Dubai.

He has defrauded people and organisations of tens of millions of Dollars, including the PLO which he relieved of $20 Million alone.  He has been sued by Banks, PR firms, and Law firms.

(Update:  At the time of updating this article, the above video has received 3891 additional clicks in just 24 hours.  This is because the authorities are taking a fresh look into this fraud as Carl Freer has demonstrated ongoing anti-Muslim sentiment and activity. The Scandinavian term “Muslimhat” literally means, “Hatred of Muslims”, and nothing could be a greater demonstration of contempt than to steal US$20 million from the poorest Islamic Arabs in the World – or (as he did recently) disrespectfully establish a Stock Investment site called WatSharia using HotStock technology to allow Muslims to play the stock market.)

Despite his criminality, his disdain for other cultures, his unabashed manipulation and subjugation of anyone he deals with, Carl Freer yet touts himself as a Humanitarian and Philanthropist and writes puff pieces that he posts on the internet claiming to be one of the greatest intellectuals of the century.

Ericka Freer – Carl Freer’s business partner in Dubai with whom he created Watstock. Click here to link through to the documentation.

As we enter 2018 we have to wonder where the now 47 year old criminal will turn next to support his lavish lifestyle.  His last ventures – the AI platforms of Watstock and Hotstock – have failed dismally.

One wonders why he does not simply take the money he has stolen and disappear – he could live out his life on the proceeds of his crimes quite easily.  But that is not an option for him.

Officials can easily be accused of incompetence – but only to a certain degree.  When it gets too outrageous – like getting permanent residency in Singapore, a country that prides itself on screening out criminals, despite having an international arrest warrant – or imitating the King of Dubai – or defrauding the PLO with impunity – one realises that Carl Freer has been facilitated and provided air cover by powerful people, and has debts to repay.   Debts he has to repay one way or another.

Carl Freer has few, if any, friends.  His love of defrauding people does not stop with rich investors.  Carl has to rip off the staff he employs in his scam companies, he has to rip off the professionals he engages, he has to rip off the partners he involves – and he has to rip off his friends.  He can make an enemy out of just about anyone – including people that no sane person would ever antagonise.

Sometimes we hope his family is immune from his deceit.  Surely he is proud of the family he created – after all he has involved many of them in previous businesses.  He would not turn on them too . . . ?

His first common law partner was Camilla Agerstam and together they had two children, Julia and Adam.

His first wife was Anneli Freer and together they had Simon and Ellina as well as Natalie (child of Anneli’s from her first marriage).

His second and current wife is Ericka Freer and together they have Isabella and Jace (child of Ericka’s from her first marriage).

Carl Freer has accumulated 7 children, a common law wife and two marriages.

Are they isolated or protected from him?  As you will see below, if you follow the links and read the documents, he involves them in his criminality, minimally making them accomplices if not directly implicating them.

Carl Freer is no doubt hoping that 2018 will be a more peaceful year after the debacles of 2017.  He will however find no peace.  He has made enemies of thousands of people, alienated his ‘friends’, disappointed his handlers, and endangered his family.

The French are trying to reel him in, and there is relentless pressure from the American and Danish authorities whose pursuit for justice for the victims in the IT Factory scam continues and is gaining impetus rapidly thanks, in large part, to our documents.

The execution of that scam by Stein Baggar, Mikael Ljungman and Carl Freer was simple enough.  Below we outline some of the details – it is a little disjointed and thin as, at the request of the investigating teams, we have omitted a lot.

IT Factory stolen funds were used by Media Power to build intellectual property in the “Augmented Reality” sector.  This led to a number of Patent Applications being filed on behalf of Media Power.  Under American patent law an officer has to be named in the patent application therefore you will see Carl Freer’s name attached to these patents.

Mikael Ljungman had had his name attached to the patents too, but he paid to have his name removed from them in order to hide his involvement.

MP Lawyers – must read – proof of attempt to cover up the true ownership by Media Power of e-commerce. On what basis can you get a US Law Firm to lie in a letter?  It contradicts the SEC statements and Media Power’s audited accounts and published literature.  This letter was produced as part of the cover-up. – click for PDF

With the patents filed, Media Power next claimed to have purchased 48% of the restricted shares in Madero Inc. and made public statements to the Security Exchange Commission and through its Accounts that it executed the purchase. However, both statements are false as the company Madero Inc. was paid for by eCommerce LLC and 100% of the shareholding was distributed to a number of entities and natural persons including Carl Freer and Mikael Ljungman.

The above highlights and documents the fraudulent partnership between Carl Freer and Mikael Ljungman in the money laundering of IT Factory’s funds.

The intellectual property, represented by patent applications, was transferred to Carl Freer who in turn transferred it to a company called the Mara Group, a company wholly owned by Carl Freer.  The public company Madero Inc. (that was purchased with IT Factory stolen funds) engaged Corporate Evaluation Advisers Inc. to issue a valuation report.  They valued the patent applications (regarding the technology called Augmented Reality) at US$35million to US$52million.

Upon receiving the valuation, Madero Inc. purchased the patents from the Mara Group for 25 million shares.  At the time of the transaction the shares were valued at US$60million.  Madero Inc. then changed its name to GetFugu Inc.

GetFugu Inc. as a public company had to continue to file reports with the SEC.  Like all of Carl Freer’s companies it ultimately failed to deliver the product and the promises made to shareholders. The purchase of the patent application occurred on 9th April 2009 and by the 19th May 2010, with the company facing financial ruin, GetFugu assigned all of its assets into a promissory note with Remington Global Capital LLC for $170,000.

8-K Filed May 25, 2010, Line 313:

“On May 19, 2010 , we obtained a bridge loan and issued a Secured Convertible Promissory Note in the initial principal amount of $170,000 to Remington Global Capital, LLC, payable in six months and bearing interest at 1% per month for the first month and 10% per month thereafter, secured by all our assets including intellectual property, and convertible after 6 months at holder’s election into shares of our common stock at $0.004 per share, subject to downward adjustment.” 

 

It will come as no surprise to note that Remington Global Capital is a Carl Freer owned company.

Logovisiion – Directors Initial Organisational Meeting- click for full doc

Logovision Inc. (another Carl Freer company) comes into being and they now claim to own the IPR.  This carries on for a 12 month period after which Logovision is taken over by Serge Media Group, who now claim they own the IPR.

Click to see what Carl Freer calls due diligence

Upon Serge Media Group’s take over of Logovision it presents a document claiming to buy out Carl Freer’s interests and John Freer Inc’s interests effectively on a promissory note.

Microsoft were enticed at one point – but where was the IP? Click for expanded view.

After the Serge Media Group had failed to pay Carl Freer, and his name had been unconnected to the intellectual property for a two year period, along with his now being relocated in Singapore, he felt confident enough to come back onto the scene.

Carl Freer terminated the deal with Serge Media Group for non-payment and assigned the IPR Rights to Harrisburg (BVI).  Harrisburg (BVI) is owned 50/50 between Carl Freer and a trusted business partner.

Carl Freer had incorporated a company called Tynkerbell in Singapore and then changed its name to iQNECT – who now claim ownership of the IP in sales documentation and marketing material.  It somewhat bizarrely resubmits the original patent applications to the US Patent Office in iQNECT’s name. Please note Richard Jenkins wife ( Elizabeth Marie Jenkins) as a shareholder

More bizarrely, the same patent applications were filed with the US Patent Office in Logovision Inc’s name on the exact same day.

This concludes and evidences the fraud, iQNECT’s technology portfolio did not exist, all patent applications have to be unique and original.  The applications fail on both counts as Media Power’s/GetFugu/Carl Freer patent applications had been previously abandoned.  The correlation being that abandoned applications cannot be re-submitted as original or unique as they have existed prior in the abandoned filings.  Carl Freer and Rich Jenkins must have known this as the applications have yet again been abandoned by iQNECT.

Summary of Patents. Please click to get the full PDF and then compare that to the list of abandoned patents below.

1) Augmented Reality Platform and Method using Logo Recognition – US application no. 12/172,803 – Originally Filed 14 July 2008 – Abandoned 8 June 2011

2) Augmented Reality Collaborative Messaging System – US application no. 12/175,519 – Originally Filed 18 July 2008 – Abandoned 5 June 2011

3) Augmented Reality method and system using logo recognition, wireless application protocol browsing and voice over internet protocol technology – US application no. 12/172,843 – Originally Filed 14 July 2008 – Abandoned 21 September 2012

4) Method and Platform for Voice+Location-Based Services for Mobile Advertising – US application no. 12/578,516 – Originally Filed 13 October 2009 – Abandoned 3 August 2012

5) Augmented Reality Platform and Method using Letters, Numbers, and/or Maths Symbols Recognition – US application no. 12/172,827 –  Originally Filed 14 July 2008 – Abandoned 3 June 2011

This T-shirt memorialised the very first time and date that a piece of code worked – July 31, 2008. It also named the Technology Team.  This is what IT Factory’s money laundered funds supported.  These were the creative individuals and you will note that Carl Freer’s name is not on the T-shirt as he had nothing to do with the Technology but still ended up removing this valuable asset.