I was business partners with Tulga Demir and one of his victims too.
The inspiration for this site to expose Mr. Demir as the despicable psychopath, scammer, narcissist, and thief that he is. My mission going forward is to prevent others from falling for his deceptive web of lies and manipulations which dozens of people including myself have fallen victim to over several years.
He’s a parasite to society and everyone needs to be made aware of this cancer.
I am providing photos and documents to substantiate everything I’m claiming so you may judge for yourself. All information including court documents, images, text messages, emails are either public information, was in the public domain, I had or
have authority over, or personally belongs to me. None of this sites content violates any copyrighted, trademarked, privacy laws as Mr. Demir has claimed and failed to prove in his panic to remove this site from being seen by all of you.
I am completely aware of slander and libel laws but that would only apply if I am being untruthful or even am exaggerating. None of that is needed since his own actions speak volumes.
Also, it seems that he doesn’t believe our countries First Amendment Rights of free speech and freedom of expression especially when it comes to him. Maybe he should go live in N. Korea. God bless America and the internet.
You can view the fraudulent complaint he filed to try having the site taken
down. Despite his slick talking claims, he has never been a successful businessman, never was wealthy, and as of February 2015, he is yet to generate a single dollar in profit for anyone who has trusted him with their hard earned money. Despite all that, he feels entitled to owning a Rolls Royce, lived in a $15k a month Penthouse in Miami with it’s own private pool, go on luxurious vacations, live an exorbitant lifestyle and spend tens of thousands on strippers at his favorite hangout, Dean’s Gold in Miami.
About his Mugshot, $100k cash bond and court tracking device.
Example of how he would embezzle company funds via his Amex to his girlfriends paypal.
Extorting his wife not to divorce him to get his green card
Deceived investor/friends into lending him money
Exorbitant Lifestyle at investors expense
Luxury Vehicles
Paid for all his legal and immigration expenses
$300,000+ in personal IOU’s owed me
I was financially comfortable until Tulga came along and wiped me out.
etc, etc, etc. Much more as you continue to read. Just make sure to click on ALL the links as you read along.
It’s important to know his history so you understand the depth of his ongoing deceptive nature which is in his cold blood. A mini wannabe Madoff. A financial terrorist who has a quick and convincing response to any question you may have. A Wizard of lies. By the time you realize it, it’s too late and you’ve lost your money. My goal is to put an end to that cycle and prevent him from continuing ruining
Tulga Demir The Con, The Scam Artist
History
I met Tulga when he was trying to open a club in South Beach back in 2007 (Club Sin). He portrayed himself as this uber wealthy successful businessman when in reality he was broke and living off of and spending investors money. He was in debt to many people already. He even used his own brother Tugend and screwed him over with payments for a Lamborghini in the amount of $113,000
Lambo_Lease Judgment and another gentleman for $22,000 for a mercedes AMG he leased for Tulga under his brothers name again and never paid for it. You may contact him directly and ask how much he was taken for. He even had two Hummers under another persons name because one wasn’t enough. How much of it was his money? Zero.
You can see Mr. Hotshot luxury vehicles here.
Anyone who knows him will recognize these key words he uses when talking about his past “accomplishments”.
$100 million warehouse line of credit, hedge funds, Investment fund, own his own investment company” etc. Watch the 22 second video below to hear it from his own mouth.
Completely fabricated lies. Would be Impressive for someone who had no schooling or licenses to sell or trade securities and overstayed his Visa while laying low and hiding from immigration until he could get married to a US citizen for his green card. Speaking of, eventually he found someone and poor girl was also scammed and used and now responsible to pay his $70k tax debt while he’s been living with
his girlfriend since 2012. Nice guy. He’s still married btw. He left her so destitute that if she does divorce him and he gets deported, she is responsible for his tax debt so they’re still married. He will not pay his taxes until he gets his permanent green card. You will see that it’s a major strategy he uses in keeping people broke and in debt in order to control them.
Anyway, back to his claim of being wealthy. If he had all this money in the past, why was he being sued so many times? Some for petty amounts on his credit cards for less than a few thousand dollars since 2002? All public record. Just goes to prove he was broke when he was trying to open the club and was counting on investors. They all lost their money and got scammed. Several hundred thousand. See it
here Miami-Dade County Clerk Record Search Type in Tulga Demir and you will see a list of about 40+ lawsuits .
This I would assume is the tip of the iceberg since it’s only Miami so who knows what else is out there.
I also know of two additional lawsuits in Broward County with Reliable Title llc in 2005 and another company. Same mess. Anything he touches goes to hell. That lawsuit was also for several hundred thousand dollars.
Over four dozen court filings with disputes? So before he goes claiming these are petty issues look at each one in detail. Nice track record for someone who claimed to be so successful and all about integrity.
Since it’s not normal to ever run a background check on any of my friends, I believed his convincing stories and sincerity like most people have done.
Getting back to the club days. You will see this behavior repeats itself later on as he recklessly spent investors money to the point that the club never opened. It was all about his image. I was there and saw it all unfold. He claimed the IRS had frozen his accounts due to some tax issues since he had made “millions” which led to him being unable to pay anything but I go to find out recently that it was a total lie. Simple truth, he failed to raise more money. One of the investors was trying to sue him for
$490,551.52 since 2008 for fraud but he’s been able to dodge them all these years until now.
He’s been able to have the case delayed due to technicalities but it’s finally caught up to him and the trial was set for Jan 2015 and he lost but I’m sure he will appeal. He knows how to manipulate the system. Once again, he dragged his own brother (who is an amazing honest person but also got caught up in his manipulations)
into his web of irresponsible behaviors.
He also convinced his uncle in Germany back in 2004 to invest over $220,000 and how much have they seen back from that investment? Zero. Unfortunately the other victims in that situation was his mother and father who were disowned by the rest of the family due to Tulga’s scam.
Unaware of his history which he has mastered at hiding and expunging his records, we became close friends and I took him and his brother into my home after they were evicted from his condo at the Green Diamond in Miami. They were homeless and had no one else to go or anyone to help them (now I know why), I took them into my home. After living with me for several months, I eventually helped him with his own place expecting his “tax money” issue to get resolved. I never expected it would be over 5yrs but once you’re in it you’re in it so I kept lending him money and helping as much as I could to the tune of several hundred thousand dollars.
He was family now. I compare it to taking in an injured animal that no one wants thinking it was a temporary thing but then you can’t just dump them when you get tired of the situation. You take on that responsibility and you see it through. You continue to do what you can for as long as it takes because that’s what loyal friends do. At least that’s how I was.
I paid 110% of his living expenses , Rent Utilities, Food, Groceries, Cell Phone, Legal Fees, Immigration Fees, and sent money to his family several times (I was only able to find one Wester Union receipt (but Tulga Demir | Information, Documents, Photos
I have others in storage I believe), and even paid to have them come visit on more than one occasion. I gave him a credit card to use (which he was supposed to make payments on but never did) since he was unable to have any bank accounts in his name due to his legal issues.
It was just easier for him to use a credit card to keep track of a total rather than me constantly giving him cash. When immigration finally caught up to him and he was in jail for over a month, the day after knowing the bail amount, I bailed him out with $100,000 CASH! Keep in mind that immigration bail is usually about $5k but his
was $100k. Why so much? Why were they trying to deport him so badly? The man with a million excuses claimed back then it was because he’s Turkish and a Muslim but obviously they knew his criminal record and his history and they wanted him out. I, not knowing better pulled off miracles and saved his life many many times. If I had only known.
What’s interesting to note is that of the hundreds of thousands he’s in debt to me in personal loans , he only made one pathetic payment of $200 via a cashiers check because he couldn’t have a bank account due to his green card and probably all those lawsuits too. If there were any other payments ever made, I would love to see proof of that or even show where he ever earned any money during all that time. He didn’t.
All that I did for him, some might find it foolish but I did consider him like a brother, a best friend and part of my family. I did what I could to help him and his family. At the time I also honestly believed that we shared the same goals, the same integrity, values and the same hard working discipline that I always had so he would be a great business partner. My best friend and I would build this empire. How great would that be?
I financed several business ventures which nothing became of them for one reason or another. During this time, for over 5yrs, we never generated a penny and lived completely off of my savings and my income from various things I had going on from prior to meeting him. While we worked together though, It was the first time in my life I wasn’t able to generate money from any new venture. Eventually we got into Oil and created GEA. Also, 100% financed by me of course because he was broke and in debt.
I was fortunate to have done well for myself and have always lived below my means. I was not rich but I was very comfortable and had a good life; no stress, no problems. I was fine. I had a modest home which was located across the street from the beach in Miami Beach and was almost paid for in full. Car and motorcycle paid for in full, had amazing credit, money in the bank, a retirement account, a savings account, and
zero debt. I responsibly managed my finances. I was financially stable .
All that is gone now since this cancer made his way into my life and everyone elses life he comes in contact with. Lost my home, my car, motorcycle, sold everything I could to survive, my savings, my retirement,
my credit, $44k tax debt from profit our company made that he spent on himself. Other debts for about $100k, and responsible for well over a million dollars in company debt he created and now I am divorced as a result of everything. My financial issues prior to this cancer entering my life? NONE.
Coincidence? So as I spiral downwards, my best friend and business partner was embezzling investor funds (I’ll get to that later) and was living well, has the audacity in his narcissistic mind to say to me that I, yes I, was using him which he uses to justify what he was doing. You can close your mouth. I know you’re in awww right now.
How did I get to lose everything you may ask? I went all in financially on an amazing opportunity and we pulled it off. Our oil company, GEA was a huge success, we made it, for... about a month until it got to Mr. Wannabe Show Off’s head and felt entitled to it all. Rather than reinvest back into the business, he started spending on himself. Within two months as I stayed dazed and confuse in KY. Yes, that fast.
He had it all planned out and totally caught me off guard. Here’s what happened
2012
We raised capital in 2011 for our oil program (GEA Program 1). It was a rough start with the first program but in January of 2012 we began to hit oil and things were going smoothly. We raised capital for another program as we continued hitting oil. We also had agreed that we would supplément our first programs shortcoming with new additional wells since we felt that was the ethical thing to do, so life was looking great for everyone at this point. We had amazing oil property leases, we knew what we were doing and the opportunity was and still is incredible.
A few months later, May/June that year (2012) immigration finally granted Tulga a temporary drivers license for 6 months (all these years I drove him everywhere he needed to go so we decided that while I stay in KY overseeing operations, Tulga would go to Miami to raise additional funds for our ongoing oil programs. He’s was a great salesman (as with any good con man) and good at pushing paper so that was the game plan.
When he got to Miami May/June and feeling entitled to money and unsupervised for the first time, he reverted to his old reckless and irresponsible ways. There was no stopping him. Since I was in KY using our company truck, I told him to use my BMW.
That wasn’t good enough for him so he wanted his own car fi nally. After not owning a car for about five years, he goes out and buys himself a…..Rolls Royce….with company funds and surprises me at the airport one day as if it was a gift for me as if I should be excited. This would be our car even though I was living in KY. Reminds me of an episode of the Flintstones when Fred buys Wilma a bowling ball for her birthday. She didn’t bowl so he got to keep it. I guess it’s the thought that counts.
It was the first fall-out we ever had. That was followed up with him getting his own place away from his wife while telling her he was still in KY (which he conned her into believing he was in love with when actually it was just for papers). Being the insecure wannabe Miami show off like before, “look at me, look at how successful I am compared to all of you idiots”, he gets himself a $15,000 a month Penthouse.
Meanwhile my apartment in KY was $650. Once again, as if his Penthouse was for us and an absolute necessity for him raising money.
So as I am knee deep in mud in KY, this clown decides to piss away our working capital in the blink of an eye. Not to mention over $45,000 in furniture and all the celebration expenses to his favorite hangout, Deans Gold Gentlemans Club , $50k+ with his new Miami friends he claimed are potential investors. None of those “investors” ever invested. I calculated that his monthly needs were about $30k as mine was about….$3k. As we argued, he constantly reassured me that he had contracts signed by banks for millions and had dozens of investors with check books ready to sign up for our upcoming oil exploration ventures. He repeatedly told me not to worry, for me to continue to doing my magic in KY, and to trust him, because he’s in Miami and I’m not so I’m unaware of all his accomplishments with the money that is about to come in. The truth was it was all in his delusional mind and now we’re screwed. He did a repeat of his past. The Penthouse alone was $180,000 for the year, $45k furniture, the car deposit was $50,000 with a $4,000 a month payment so $150,000 at least for those two years for the car not including all his spending.
All in all a few hundred thousand dollars. Where did all that money come from?????? Sure as heck wasn’t from oil. I found out he was claiming around town we had a $12 million dollar sale from oil production. Huh?! Completely fabricated lies to con people into investing and also lending him money.
My philosophy was and still is that our earned money is from oil production. Reinvest in the business not your egotistical image. Raising money is NOT earned money! If your investors are not making a profi t, then you should not be living that lifestyle. Period! Entitlement?
He never had money so his desperation to show off and is insecurities from his failures overshadowed common sense. It’s diffi cult to get through to someone who wants to live as if he’s in some rap video.
2013
After failing to do his job, and in order to maintain his financial commitments to his new lifestyle and image, he begins to take personal loans collateralized by our company assets and future production without my knowledge. He convinces two other investor/friends into believing that Homeland Security has frozen his accounts worth $12 million dollars in order to obtain loans from their generosity. Very similar story he used during the club days saying IRS froze his accounts and assets due to unpaid taxes. That’s the story he was telling everyone as he begged around for more loans. There are a total of two other loans that I’m aware of but unfortunately
these people happen to have oil wells with us and if they expose him, he will shut down their wells and they lose everything. Something is better than nothing I guess. There are also two investors who gave approximately a total of $30k-$50k that he spent on his rent, car and himself that was for a new oil program (PPM).
All gone. I am aware of two individuals who have invested approximately $40K combined into a new program around Jan or Feb 2013, in which he withdrew and
utilized their investment to continue supporting his car, penthouse, and lifestyle. I don’t know who they are but I’m sure I’ll soon fi nd out.
Eventually a year later in June of 2013, Tulga get’s Bright Ahead Energy llc. to invest a substantial amount of money (I can disclose their name since he mentioned them in a lawsuit against me so it’s public record) and he comes up with a master plan to remove me completely from the company (GEA) and keep it for himself. Since I had been explicitly clear that I would NEVER ever allow him to manage or have access to company funds again, he needed to get rid of me. His free ride was up. It’s that simple. I basically became an immediate threat to his fraudulent entitled lifestyle.
Also, worth mentioning is that the agreement we internally had was that he pay me back the hundreds of thousands of dollars that he owes me and then we split our profi ts 50/50 which is generous since I took all the fi nancial risk. This is despite all I have done for him over the years and the reason why he was in this country. His own parents called me their third son and that I was Tulga’s guardian angel. Little do they know what he’s done. Money and entitlement override everything with this piece of garbage.
Demir Energy Reviews
Tulga Demir The Con, The Scam Artist
I was business partners with Tulga Demir and one of his victims too.
The inspiration for this site to expose Mr. Demir as the despicable psychopath, scammer, narcissist, and thief that he is. My mission going forward is to prevent others from falling for his deceptive web of lies and manipulations which dozens of people including myself have fallen victim to over several years.
He’s a parasite to society and everyone needs to be made aware of this cancer.
I am providing photos and documents to substantiate everything I’m claiming so you may judge for yourself. All information including court documents, images, text messages, emails are either public information, was in the public domain, I had or
have authority over, or personally belongs to me. None of this sites content violates any copyrighted, trademarked, privacy laws as Mr. Demir has claimed and failed to prove in his panic to remove this site from being seen by all of you.
I am completely aware of slander and libel laws but that would only apply if I am being untruthful or even am exaggerating. None of that is needed since his own actions speak volumes.
Also, it seems that he doesn’t believe our countries First Amendment Rights of free speech and freedom of expression especially when it comes to him. Maybe he should go live in N. Korea. God bless America and the internet.
You can view the fraudulent complaint he filed to try having the site taken
down. Despite his slick talking claims, he has never been a successful businessman, never was wealthy, and as of February 2015, he is yet to generate a single dollar in profit for anyone who has trusted him with their hard earned money. Despite all that, he feels entitled to owning a Rolls Royce, lived in a $15k a month Penthouse in Miami with it’s own private pool, go on luxurious vacations, live an exorbitant lifestyle and spend tens of thousands on strippers at his favorite hangout, Dean’s Gold in Miami.
About his Mugshot, $100k cash bond and court tracking device.
Example of how he would embezzle company funds via his Amex to his girlfriends paypal.
$490,551 Judgment , $1,864,813.15 Judgment, $113,264 Judgment….
Extorting his wife not to divorce him to get his green card
Deceived investor/friends into lending him money
Exorbitant Lifestyle at investors expense
Luxury Vehicles
Paid for all his legal and immigration expenses
$300,000+ in personal IOU’s owed me
I was financially comfortable until Tulga came along and wiped me out.
etc, etc, etc. Much more as you continue to read. Just make sure to click on ALL the links as you read along.
It’s important to know his history so you understand the depth of his ongoing deceptive nature which is in his cold blood. A mini wannabe Madoff. A financial terrorist who has a quick and convincing response to any question you may have. A Wizard of lies. By the time you realize it, it’s too late and you’ve lost your money. My goal is to put an end to that cycle and prevent him from continuing ruining
Tulga Demir The Con, The Scam Artist
History
I met Tulga when he was trying to open a club in South Beach back in 2007 (Club Sin). He portrayed himself as this uber wealthy successful businessman when in reality he was broke and living off of and spending investors money. He was in debt to many people already. He even used his own brother Tugend and screwed him over with payments for a Lamborghini in the amount of $113,000
Lambo_Lease Judgment and another gentleman for $22,000 for a mercedes AMG he leased for Tulga under his brothers name again and never paid for it. You may contact him directly and ask how much he was taken for. He even had two Hummers under another persons name because one wasn’t enough. How much of it was his money? Zero.
You can see Mr. Hotshot luxury vehicles here.
Anyone who knows him will recognize these key words he uses when talking about his past “accomplishments”.
$100 million warehouse line of credit, hedge funds, Investment fund, own his own investment company” etc. Watch the 22 second video below to hear it from his own mouth.
Completely fabricated lies. Would be Impressive for someone who had no schooling or licenses to sell or trade securities and overstayed his Visa while laying low and hiding from immigration until he could get married to a US citizen for his green card. Speaking of, eventually he found someone and poor girl was also scammed and used and now responsible to pay his $70k tax debt while he’s been living with
his girlfriend since 2012. Nice guy. He’s still married btw. He left her so destitute that if she does divorce him and he gets deported, she is responsible for his tax debt so they’re still married. He will not pay his taxes until he gets his permanent green card. You will see that it’s a major strategy he uses in keeping people broke and in debt in order to control them.
Anyway, back to his claim of being wealthy. If he had all this money in the past, why was he being sued so many times? Some for petty amounts on his credit cards for less than a few thousand dollars since 2002? All public record. Just goes to prove he was broke when he was trying to open the club and was counting on investors. They all lost their money and got scammed. Several hundred thousand. See it
here Miami-Dade County Clerk Record Search Type in Tulga Demir and you will see a list of about 40+ lawsuits .
This I would assume is the tip of the iceberg since it’s only Miami so who knows what else is out there.
I also know of two additional lawsuits in Broward County with Reliable Title llc in 2005 and another company. Same mess. Anything he touches goes to hell. That lawsuit was also for several hundred thousand dollars.
Over four dozen court filings with disputes? So before he goes claiming these are petty issues look at each one in detail. Nice track record for someone who claimed to be so successful and all about integrity.
Since it’s not normal to ever run a background check on any of my friends, I believed his convincing stories and sincerity like most people have done.
Getting back to the club days. You will see this behavior repeats itself later on as he recklessly spent investors money to the point that the club never opened. It was all about his image. I was there and saw it all unfold. He claimed the IRS had frozen his accounts due to some tax issues since he had made “millions” which led to him being unable to pay anything but I go to find out recently that it was a total lie. Simple truth, he failed to raise more money. One of the investors was trying to sue him for
$490,551.52 since 2008 for fraud but he’s been able to dodge them all these years until now.
He’s been able to have the case delayed due to technicalities but it’s finally caught up to him and the trial was set for Jan 2015 and he lost but I’m sure he will appeal. He knows how to manipulate the system. Once again, he dragged his own brother (who is an amazing honest person but also got caught up in his manipulations)
into his web of irresponsible behaviors.
He also convinced his uncle in Germany back in 2004 to invest over $220,000 and how much have they seen back from that investment? Zero. Unfortunately the other victims in that situation was his mother and father who were disowned by the rest of the family due to Tulga’s scam.
Unaware of his history which he has mastered at hiding and expunging his records, we became close friends and I took him and his brother into my home after they were evicted from his condo at the Green Diamond in Miami. They were homeless and had no one else to go or anyone to help them (now I know why), I took them into my home. After living with me for several months, I eventually helped him with his own place expecting his “tax money” issue to get resolved. I never expected it would be over 5yrs but once you’re in it you’re in it so I kept lending him money and helping as much as I could to the tune of several hundred thousand dollars.
He was family now. I compare it to taking in an injured animal that no one wants thinking it was a temporary thing but then you can’t just dump them when you get tired of the situation. You take on that responsibility and you see it through. You continue to do what you can for as long as it takes because that’s what loyal friends do. At least that’s how I was.
I paid 110% of his living expenses , Rent Utilities, Food, Groceries, Cell Phone, Legal Fees, Immigration Fees, and sent money to his family several times (I was only able to find one Wester Union receipt (but Tulga Demir | Information, Documents, Photos
I have others in storage I believe), and even paid to have them come visit on more than one occasion. I gave him a credit card to use (which he was supposed to make payments on but never did) since he was unable to have any bank accounts in his name due to his legal issues.
It was just easier for him to use a credit card to keep track of a total rather than me constantly giving him cash. When immigration finally caught up to him and he was in jail for over a month, the day after knowing the bail amount, I bailed him out with $100,000 CASH! Keep in mind that immigration bail is usually about $5k but his
was $100k. Why so much? Why were they trying to deport him so badly? The man with a million excuses claimed back then it was because he’s Turkish and a Muslim but obviously they knew his criminal record and his history and they wanted him out. I, not knowing better pulled off miracles and saved his life many many times. If I had only known.
What’s interesting to note is that of the hundreds of thousands he’s in debt to me in personal loans , he only made one pathetic payment of $200 via a cashiers check because he couldn’t have a bank account due to his green card and probably all those lawsuits too. If there were any other payments ever made, I would love to see proof of that or even show where he ever earned any money during all that time. He didn’t.
All that I did for him, some might find it foolish but I did consider him like a brother, a best friend and part of my family. I did what I could to help him and his family. At the time I also honestly believed that we shared the same goals, the same integrity, values and the same hard working discipline that I always had so he would be a great business partner. My best friend and I would build this empire. How great would that be?
I financed several business ventures which nothing became of them for one reason or another. During this time, for over 5yrs, we never generated a penny and lived completely off of my savings and my income from various things I had going on from prior to meeting him. While we worked together though, It was the first time in my life I wasn’t able to generate money from any new venture. Eventually we got into Oil and created GEA. Also, 100% financed by me of course because he was broke and in debt.
I was fortunate to have done well for myself and have always lived below my means. I was not rich but I was very comfortable and had a good life; no stress, no problems. I was fine. I had a modest home which was located across the street from the beach in Miami Beach and was almost paid for in full. Car and motorcycle paid for in full, had amazing credit, money in the bank, a retirement account, a savings account, and
zero debt. I responsibly managed my finances. I was financially stable .
All that is gone now since this cancer made his way into my life and everyone elses life he comes in contact with. Lost my home, my car, motorcycle, sold everything I could to survive, my savings, my retirement,
my credit, $44k tax debt from profit our company made that he spent on himself. Other debts for about $100k, and responsible for well over a million dollars in company debt he created and now I am divorced as a result of everything. My financial issues prior to this cancer entering my life? NONE.
Coincidence? So as I spiral downwards, my best friend and business partner was embezzling investor funds (I’ll get to that later) and was living well, has the audacity in his narcissistic mind to say to me that I, yes I, was using him which he uses to justify what he was doing. You can close your mouth. I know you’re in awww right now.
How did I get to lose everything you may ask? I went all in financially on an amazing opportunity and we pulled it off. Our oil company, GEA was a huge success, we made it, for... about a month until it got to Mr. Wannabe Show Off’s head and felt entitled to it all. Rather than reinvest back into the business, he started spending on himself. Within two months as I stayed dazed and confuse in KY. Yes, that fast.
He had it all planned out and totally caught me off guard. Here’s what happened
2012
We raised capital in 2011 for our oil program (GEA Program 1). It was a rough start with the first program but in January of 2012 we began to hit oil and things were going smoothly. We raised capital for another program as we continued hitting oil. We also had agreed that we would supplément our first programs shortcoming with new additional wells since we felt that was the ethical thing to do, so life was looking great for everyone at this point. We had amazing oil property leases, we knew what we were doing and the opportunity was and still is incredible.
A few months later, May/June that year (2012) immigration finally granted Tulga a temporary drivers license for 6 months (all these years I drove him everywhere he needed to go so we decided that while I stay in KY overseeing operations, Tulga would go to Miami to raise additional funds for our ongoing oil programs. He’s was a great salesman (as with any good con man) and good at pushing paper so that was the game plan.
When he got to Miami May/June and feeling entitled to money and unsupervised for the first time, he reverted to his old reckless and irresponsible ways. There was no stopping him. Since I was in KY using our company truck, I told him to use my BMW.
That wasn’t good enough for him so he wanted his own car fi nally. After not owning a car for about five years, he goes out and buys himself a…..Rolls Royce….with company funds and surprises me at the airport one day as if it was a gift for me as if I should be excited. This would be our car even though I was living in KY. Reminds me of an episode of the Flintstones when Fred buys Wilma a bowling ball for her birthday. She didn’t bowl so he got to keep it. I guess it’s the thought that counts.
It was the first fall-out we ever had. That was followed up with him getting his own place away from his wife while telling her he was still in KY (which he conned her into believing he was in love with when actually it was just for papers). Being the insecure wannabe Miami show off like before, “look at me, look at how successful I am compared to all of you idiots”, he gets himself a $15,000 a month Penthouse.
Meanwhile my apartment in KY was $650. Once again, as if his Penthouse was for us and an absolute necessity for him raising money.
So as I am knee deep in mud in KY, this clown decides to piss away our working capital in the blink of an eye. Not to mention over $45,000 in furniture and all the celebration expenses to his favorite hangout, Deans Gold Gentlemans Club , $50k+ with his new Miami friends he claimed are potential investors. None of those “investors” ever invested. I calculated that his monthly needs were about $30k as mine was about….$3k. As we argued, he constantly reassured me that he had contracts signed by banks for millions and had dozens of investors with check books ready to sign up for our upcoming oil exploration ventures. He repeatedly told me not to worry, for me to continue to doing my magic in KY, and to trust him, because he’s in Miami and I’m not so I’m unaware of all his accomplishments with the money that is about to come in. The truth was it was all in his delusional mind and now we’re screwed. He did a repeat of his past. The Penthouse alone was $180,000 for the year, $45k furniture, the car deposit was $50,000 with a $4,000 a month payment so $150,000 at least for those two years for the car not including all his spending.
All in all a few hundred thousand dollars. Where did all that money come from?????? Sure as heck wasn’t from oil. I found out he was claiming around town we had a $12 million dollar sale from oil production. Huh?! Completely fabricated lies to con people into investing and also lending him money.
My philosophy was and still is that our earned money is from oil production. Reinvest in the business not your egotistical image. Raising money is NOT earned money! If your investors are not making a profi t, then you should not be living that lifestyle. Period! Entitlement?
He never had money so his desperation to show off and is insecurities from his failures overshadowed common sense. It’s diffi cult to get through to someone who wants to live as if he’s in some rap video.
2013
After failing to do his job, and in order to maintain his financial commitments to his new lifestyle and image, he begins to take personal loans collateralized by our company assets and future production without my knowledge. He convinces two other investor/friends into believing that Homeland Security has frozen his accounts worth $12 million dollars in order to obtain loans from their generosity. Very similar story he used during the club days saying IRS froze his accounts and assets due to unpaid taxes. That’s the story he was telling everyone as he begged around for more loans. There are a total of two other loans that I’m aware of but unfortunately
these people happen to have oil wells with us and if they expose him, he will shut down their wells and they lose everything. Something is better than nothing I guess. There are also two investors who gave approximately a total of $30k-$50k that he spent on his rent, car and himself that was for a new oil program (PPM).
All gone. I am aware of two individuals who have invested approximately $40K combined into a new program around Jan or Feb 2013, in which he withdrew and
utilized their investment to continue supporting his car, penthouse, and lifestyle. I don’t know who they are but I’m sure I’ll soon fi nd out.
Eventually a year later in June of 2013, Tulga get’s Bright Ahead Energy llc. to invest a substantial amount of money (I can disclose their name since he mentioned them in a lawsuit against me so it’s public record) and he comes up with a master plan to remove me completely from the company (GEA) and keep it for himself. Since I had been explicitly clear that I would NEVER ever allow him to manage or have access to company funds again, he needed to get rid of me. His free ride was up. It’s that simple. I basically became an immediate threat to his fraudulent entitled lifestyle.
Also, worth mentioning is that the agreement we internally had was that he pay me back the hundreds of thousands of dollars that he owes me and then we split our profi ts 50/50 which is generous since I took all the fi nancial risk. This is despite all I have done for him over the years and the reason why he was in this country. His own parents called me their third son and that I was Tulga’s guardian angel. Little do they know what he’s done. Money and entitlement override everything with this piece of garbage.