| World energy research |
| world energy research got me to invest 25,000 dollars and have not heard from since auckland, New Zealand |
| 26th of Mar, 2011 by User366558 |
| i invested just over $15,000 intially with world energy research,did my due dilligence and everything seemed to check out,it was not high pressure sales and never felt pressured to do it but have not heard from them in four months. Tony Szymczak was the name of represantative....does anyone know if its definetley a scam ?? |
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I also invested just over $15, 000 intially with world energy research, did my due dilligence and everything seemed to check out, it was not high pressure sales and never felt pressured to do iteither. He said he the company was working with in partnership on a European project with Blue Energy, a Canadian company. I called the company and said they were in partnership with WER. WER is on Frankfurt stock market. Tony Szymczak told me that I could get a refund "As far as the refund policy, what I mentioned on the phone is it is something we have always done for all our investors in the past, but it is not something that we put in writing. We have had several investors that needed their funds back for personal reasons in the past and it has never been an issue for us." Mike Kitto on the other hand said this when I asked for a refund " In terms of any ongoing refund request, please note that there is no contractual right for investors to require that World Energy refund their placement (on short notice or otherwise). Notwithstanding the strict contractual position, World Energy has historically maintained a policy of facilitating partner refunds by sourcing a substitute investor to whom the relevant position may be assigned for value. Due to the proposed partner proposal referred to below, World Energy management has taken the decision (across the board) not to engage in any further private placement investment activity (including the assignment of existing positions) at this present time."
That is a dishonest way to get people to invest |
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| I also invested in WER in October 2009 and in the first week of April 2010. Sam Barouki, Jorge Vizcarra, Blake Robert and Gabriel Conde were involved misleading World Energy as a Government Organisation similar as World Health etc and based in New Zealand engaged in renewable energy projects all over the world committing interest / dividend in 6 months to 1 year time. There was a website giving updates about the Guatemala 6 Hydro projects and log-in information. All information disappeared. The initial investment was for a Blue Energy Tidal Wave UK Project which was never on discussion. Suddenly I realized that neither there is any progress report by any third party nor there has been any payment for the interest / dividend. There was a WEHR website reporting about the UK office. With some investigation / Spam reading on websites, I realised that about 15 companies have been registered in New Zealand since 2009 initially Chad Willis as Director and later in the last week of April 2010 in the name of Conde as Director with issued share capital of US$9400000 in the name of Conde International, a Guatemala based Conde's own company. All these above mentioned persons are Guatemala based with all the proposed hydro projects (freud) in Guatemala, my understanding is that all investors money has been moved to Conde International. There are no identity records available like nationality / address nor any background history of any experience in the energy projects. Conde is believed to be the same person as Chad Willis, a criminal and wanted for crimes in US and Jorge Vizcarra is George Dizcarra . If these persons are Guatemala based, why these persons were allowed to operate in New Zealand / UK cheating investors? The bank details and assets information (including salary / commission paid) of all World Energy related companies / persons should be published, frozen and investors money should be refunded with all damages. All WER associated persons need to be prosecuted and face justice. |
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| please check www.worldenergyresearchscam.com for more info on WEHR |
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