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.