Toure Edward Williams conned me into investing and loaning him $3900. The breakdown is as follows:
1/14/2011 - $500: Investment for Kobe Bryant after party for footprint at Mann's Chinese Theater. $1000 of interest to be paid as agreed. I later learned that Toure was not in charge of this event and had no affiliation with it.
1/21/2011 - $1900: Radio promotion/tour. He was supposed to get radio airplay for the song of an artist I was managing as well as secure him paid performances as openers for major artists touring. I had later learned that he had no significant ties to any radio promotion or musical tours and as such he was not using my money for this.
3/15/2011 - $1500: Loan for his mother. I doubt this money was for her. He was supposed to pay this back the following Monday and never did. That is when I started questioning him.
I had not questioned the January loans initially because of our friendship and I trusted that he would honor the oral contracts we entered into. He never did deliver receipts or written contracts as promised afterwords.
I later learned that everything I had been told was a lie to con me into giving him money. I was also informed that I am not the first person he did this too and he makes some of his money off of conning and defrauding innocent people into giving him money.
Toure goes around presenting himself as a wealthy businessman who has mansions in Brentwood, Bel Air, northern California and a Tribeca loft in NYC. He also says that he flies private on a G3 jet he owns. He also claims to own a 2003 Maybach 62S, 2011 Range Rover and 2010 Mercedes S550. This is all a lie to defraud you out of money. He usually lives either in hotels or with friends. Neither I nor any of his close friends have ever seen any of his cars nor been to any of his houses.