Almost a year ago, to the day, we published an article, plus extensive evidence, detailing how the internationally wanted criminal Carl Freer had defrauded the Palestine Investment Fund out of $21 Million. (Link) A follow up article and new evidence a few days later showed how he attempted, but failed, to do the same to the Dubai Investment Group. (Link)
The $21 Million scam was a crime against the Palestinian people – he mercilessly stole from people that needed it most – he stole it because he could; he was clever and they were vulnerable – This is the yacht he financed with some of the money.
Carl Freer is after all a notorious International crime figure. There is ample evidence for even the dullest investigator to stumble across on the Internet News sites. Newspapers and courts around the world have collected evidence and unanimously pronounce him to be a hardened criminal and scoundrel.
He is actively being sought by the French penal system, with an active arrest warrant issued against him.
Carl Freer misrepresented himself in order to get close to His Highness Sheikh Mohamed bin Zayed Al Nahyan – the photograph (shown above) is currency in the mind of Carl Freer – currency stolen from the hard work and devotion His Highness Sheikh Mohamed bin Zayed Al Nahyan has invested in his country.
Within hours of his sting on the Sheikh, Carl Freer had posted it on his website as an endorsement of his scam operation Watstock, and had emailed it to broadly to investors as ‘evidence’ of recommendation from the highest echelons.
The United Arab Emirates, so anxious about its reputation, could take action.
In Dubai we have a location that wants to be the top notch Oasis in the desert, attracting the international jet set from all around the world to the jewel in the wilderness – an unequaled Paradise. No expense is spared to make it look like Paradise, but therein it seems lies the lie.
An Oasis, by definition, is supposed to be a safe space, and Dubai promotes that it is such a place.
On the surface it appears that they filter out undesirables, so that the riff raft and criminal element is kept out, much like bouncers ostensibly keep such people out of the best clubs. And yet, right in the middle of the Dubai Oasis, lurks a predator.
Who is Protecting Carl Freer in Dubai?
Carl Freer resides in Dubai. He’d love to go to the USA, but cannot do so because of his criminal activities and arrest there, and his passport scam.
Europe is not safe. He has the outstanding arrest warrant, and the Danish authorities are actively investigating him and his role in the biggest fraud in Danish history. He recently made the headlines there again as he lost his case.
Singapore is unsafe. We are told there are shareholders and creditors on the look out for him after his frauds perpetrated there caused much hardship on the local population.
He could go to the Maldives; except that he has been kicked out of there as they value the sanctity of their little paradise, and understand that keeping it safe for visitors is a better long term strategy than taking back-handers from a notorious career criminal.
Everyone that should be doing something about him knows where he is and knows that with his outstanding arrest warrant he could easily be ‘solved’ as a problem.
Western diplomats from Sweden, England, France, Denmark, Germany and diplomates from America are aware of his location and Carl Freer’s acquaintance with Sanjay Shah – maybe they are hoping this relationship will blossom and provide valuable information in their global investigation. This site can confirm that Carl Freer’s claims of a great friendship with Sanjay Shah are untrue – he holds no tradable information.
Wasta is powerful stuff. Look at his latest play using His Highness Sheikh Mohamed bin Zayed Al Nahyan
Time and again we have shown how Carl Freer operates his scams. They all run in an exact pattern, and one of his major mechanisms is to falsely claim endorsement from genuine authorities.
As covered above, Carl Freer managed to get a photo taken of himself with His Highness Sheikh Mohamed bin Zayed Al Nahyan and within hours he had it posted on his website to claim endorsement by His Highness for the Watstock scam; allude to his being a founder of the scam; and emailed it to thousands as evidence of the Sheikh recommending his scam.
This is much the same as he did with Professor Huang Guangbin when he tried to claim he was a co-fouder of Watstock – a falsehood the Professor rapidly corrected. It is also what Carl Freer did when he forged the signature of Ed Ventura, head of Microsoft Gaming Studios, and showed it to investors to get them to dump even more money into his Gizmondo device scam. (Link – see Part 3 or go to the source article)
The truth is most likely that Carl Freer has no endorsement from the Sheikh. That there is in fact no wasta.
Look again at what UAE has welcomed into its midst
1. His Highness Sheikh Mohammad bin Zayed Al Nahyan is sympathetic to the plight of Palestinians and has made very generous, and much needed, donations. These have sometimes been rejected because their pride and integrity are more valuable to them than the temporary physical comfort his donations would provide.
By detaining Carl Freer, the man who defrauded the Palestinians out of $21 million because they were an easy target – the UAE authorities could do much to gain valuable respect from the Palestinians and their global support base – who well remember the fraud against them.
All the documents have been provided. The evidence is there. With the stroke of a pen the situation could be remedied, restoring at least some goodwill for United Arab emirates, the Sheikh and the King.
2. Mr Carl Freer has a 14 year business relationship with a UK company which sold surveillance radar to Qatar. More recently he was attempting to sell the same military grade surveillance radar to groups in Malaysia.
3. The Danish authorities have determined that Carl Freer was the major beneficiary of the largest fraud in Danish history – a fraud that was discovered in Dubai. Carl Freer has just lost his case against the media that were exposing his criminal involvement.
4. Carl Freer has been arrested in 5 countries and has an active arrest warrant against him. He’s been convicted by three separate courts for fraud – United Arab Emirates spends large sums of money to international PR firms to promote the positive image the country presents – His Highness Sheikh Mohamed bin Zayed Al Nahyan runs his own International office staffed with highly talented individuals to protect him from embarrassment – the photograph represents a failure – this failure is Carl Freer success, as he posted the picture within hours of it being taken. Sent it via email to numerous individuals claiming to have the sheikh support and friendship.
5. The video (link) showing his association with the King has been viewed more than 10,000 times. We would hope by people who are disbelieving of the stories promoted by Carl Freer that he has royal support.
The dignity of the United Arab Emirates is in the hands of its people – if they choose not to value it why should others? Carl Freer resides in Dubai as a visitor, as a guest – like any other guest, if they do not conform to the laws and to convention they are not welcome.
The United Arab Emirates, very properly, operate strict immigration controls. Known criminals and malefactors are regularly refused entry into the country. The property that Carl Freer acquired by deception and misrepresentation should be sequestered, the government of United Arab Emirates can achieve this almost with a stroke of a pen, and people think it has a duty to do so, to show to the people and to the world that it will not allow crime to pay – such a course of action would be universally popular.
As to the companies in United Arab Emirates who chose to take on Carl Freer as a client, their license to operate should be reviewed. The dignity and integrity of UAE should be above the Financial short-term gains for working for a convicted criminal.
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.
Profoundly significant developments have occurred in Washington – Carl Freer’s criminal history will cause Hillary and Bill Clinton embarrassment – the authorities are conducting deep research and this site can confirm its participation – the following documents provide documentary proof that Carl Freer ingratiated himself with the Clinton’s with cash donations.
Mobile apps to raise funds and becoming vice-chair of her birthday celebrations – it was illegal to receive funds from Carl Freer as he was a foreign national without permanent resident status at the time of his donation.
Carl Freer’s criminal history and links to European Mafia will be additional ammunition for President Trump’s legal team and media friendly supporters.
This could be a cautionary tale for Dubai’s ruling elite.
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’.)
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.
Systematic indifference from the Dubai authorities casts a shadow over its credibility as a location where honest people can engage in the artificial intelligence sector.
CEO Wesam Lootah of Smart Dubai, a Government Establishment, was pictured next to Carl Freer – the renowned criminal linked with the European Mafia. They were both speakers at the Artificial Intelligence forum 2018 Dubai – the website claimed official government partnership as Smart Dubai.
This begs the question – has due diligence disappeared in Dubai? Carl Freer is a notorious international criminal who was sentenced to 2 years in jail by the French Supreme Court, for his role in the European Mafia car fraud, that ruling (link) was delivered with him in absentia, they also issued a (still active) warrant for his arrest. That by itself should be enough to get the Dubai authorities to act, let alone the plethora of facts and evidence showing Carl Freer to be a rampant criminal that would be uncovered by a simple internet search of his name.
The apparent lethargy and incapacity of the Dubai authorities to fulfil their official obligations lends credence to Carl Freer’s continuous claims that he has negotiated royal family protection (wasta). Carl Freer is supported by elements in the Royal Family, and, in the Four Seasons Hotel restaurant he recently informed his guests that Dubai is a gangster’s paradise and he wished he moved there years ago.
How else could a wanted criminal with a record as long as his attend a prestigious event such as this with impunity – and publicly start scamming people? As is his well-published style, he has used that event to lend credibility to his venture. He is already showing people the photos, telling them he was a keynote speaker, telling them about his Royal Family Friends, and, having convinced them he is the real deal, will con them out of their money. There has never been any substance to any Carl Freer company or venture, and there never will be.
For those not in the know, artificial intelligence and crypto currencies are Carl Freer’s new areas of interest, and he has engaged financial advisors in Dubai to raise funds for an ICO. Carl Freer’s foray into crypto will be a failure – just like every other one he has been involved in. We will bring more details later, but anyone familiar with Carl Freer and his ventures can be assured that this will again be another criminal endeavour – the leopard has not changed its spots nor could it if it wanted to.
The Danish authorities take action against Carl Freer. Case No. 13-10954 (MG)
Unlike the Dubai authorities, the Danish authorities and Danish media have taken action. Subpoenas have been issued by KOBRE & KIM LLP in Carl Freer’s name in New York, America, and; the Danish media have highlighted his central role in the largest fraud in Danish history in double-page spreads in two national newspapers. Danish and Swedish nationals living in Dubai are aware of Carl Freer and his criminal history and will take positive steps to avoid being scammed.
To the hundreds of people who have contributed to this site, and thereby contributed to the renewed Danish and America interest in bringing Carl Freer to justice, let us simply say that we will not give up exposing this criminal until justice is served.
The recent attempt to bring down our site has been thwarted. With your support, we will prevail. Keep sending us material.
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.
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.
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 . . .
If he is to be taken seriously he ought to make absolutely sure that there are no associations directly or indirectly with the convicted criminal Carl Freer.
We have previously reported on the artificial intelligence platform/App that can accurately predict the stock market (and now cryptocurrency) – all of this can allegedly be done from Carl Freer’s new company Watstock Artificial Intelligence Networks Ltd located in the heart of Dubai.
Carl Freer is an incurable gossip, with an overwhelming compulsion to name drop as the core element of his scamming strategy. We have been alerted to the fact that the minister’s name has been prolifically uttered in a number of conversations in hotel lobbies and expensive restaurants throughout Dubai, as Carl Freer continues to cultivate new investors or buyers to scam. (Read this article to gain full understanding of his modus operandi – skip to the section that shows the Professor to learn about the name dropping.)
The word that was not known to us was – WASTA. It has a special meaning in the UAE and Carl Freer is claiming that he has it in abundance – to those who don’t understand he claims to have the protection of high-ranking ministerial figures i.e. he’s untouchable.
These are just a few of the names that Carl Freer has added to his spiel, and join the already reported on claims in regards to the King of Dubai and other members of the royal family. There are probably others we have yet to learn of – bandying names about is a core Carl Freer marker.
Carl Freer is someone who knows how to say thank you to the powerful – if these individuals assisted Carl Freer and his companies then that is a fact they would certainly wish to conceal – introductions and promises are made – the quid pro quo does not need to be spelled out as everybody understands the cost for wasta.
Carl Freer is immersed in day-to-day deception, pretexts and intrigues. He records most of the meetings on his iPhone – a precaution that renders those involved susceptible to pressure to be even more helpful when required if they want to protect their wealth and reputations.
Before long Carl Freer will move on leaving behind shattered relationships and the bad smell of corruption for those who are now associated with him. Just look at his past record – littered with countries he has escaped from leaving behind a mix of open arrest warrants, failed companies, shattered employees, defrauded investors, judgements and layer upon layer of fraud.
This site gives details on most of them – Sweden, Germany, Spain, France, England, USA, Vietnam, Singapore . . . (Want links? Just explore the site.)
We have often been asked, “How does he get away with it? Why will no one do anything to stop him?” He seems to operate with impunity.
The answer is that this three-time-convicted fraudster invokes wasta to deter anyone whose duty it would otherwise be to ensure he was subject to the law.
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.
2018 will be an eventful year for the master criminal Carl Freer.
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’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.
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.
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.
(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.)
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.
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.
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.
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.
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.
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
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.