TSG Capital Partners Solicited a legal deposit for their attorneys to prepare a Private Placement Memorandum to present to their investor pool but failed to do PPM Washington District of Columbia

"Open your toga" is the quintessential Trubiani and "Newkirk" catchphrase, heard all the time and in emails. "Maria from Medford" could possibly be yet another invention. And that's not how they worked at all. 

I saw a post on here claiming Trubiani to be a Ponzi schemer. He isnt a Ponzi schemer. A Ponzi scheme involves taking money from new investors to pay old investors. But this is what you need to do in order to know if you want to work with TSG Capital Partners.

1. Find out where their fund is- it will be the Caesar Fund. Find out who owns it and VERIFY. He had been saying they sold the fund to a large insurance company. We were told that insurance company is called Congress Insurance, which supposedly is a subsidiary of Maiden Holdings. Verify if this is true.

2.   Ask for a minimum of 3 references of companies who have closed deals with the Caesar Fund, preferably in the same range as your loan. Do not accept factoring, insurance or A/R clients as references.

3.  They will ask for a $50,000 fee to buy the financial guaranty bond covering the contemplated transaction. They will require you to buy it from an outfit called Safeguard Insurance, www.safeguardinsurance.net .  Safeguard is a small insurance brokerage in Ohio operated by Trubiani, with someone named Susan Craft who works there. Get Safeguards EIN number and VERIFY.

4.  They will ask you to fax the face of your $50,000 check to Safeguards or their own fax number. Offer instead to overnight or mail the check to a physical address. If they give you an address of 11470 Euclid Av., Cleveland OH, with a mysterious number 525 after it, that is a mailbox at a UPS Store. Make sure you get a verifiable physical office address. If they give you another address, like in Painesville or Tallmadge OH, look it up on Google Earth to make sure its not a moderately priced, unattractive house in a Cleveland suburb.

5.  TSGs website gives a very vague physical address in Washington DC. Get the full address and VERIFY theres an office there.  Call the buildings manager and security desk if you have to.

6. A person named Bruce Newkirk calls all the shots at TSG. Make certain you are able to speak to Bruce and Trubiani at the same time before proceeding. Then, call Bruce separately to follow up.

7.  You may encounter resistance or refusal to have a physical meeting prior to closing the transaction. Use your own best judgment on if you find this acceptable.

First off Frank Meyers please contact me or post your contact info.  A client Valentino Trubiani is representing right now has"friends" who in return are going to sue the living piss out of this deceitful man.  We have put together over 250k in legal defense fees into a fund, and are asking ANYONE who has been burned by Valentino Trubiani to please get in touch.  PLEASE GET IN TOUCH BY POSTING YOUR STORIES ALONG WITH CONTACT INFO AND OUR LEGAL DEFENSE TEAM WILL HELP YOU RECOVER WHAT YOU HAVE LOST. THERE IS ALSO GOING TO BE A FULL BLOWN OUT FBI INVESTIGATION AND ALSO RICO STATUTES WILL BE COMING NEXT.

Thank you

Gustavo Campisano

I do not know if Valentino Trubiani is a nice guy or not, so I cannot comment on that statement. I do however have firsthand knowledge of facts pertaining to Windstar Energy.

The only thing legitimate about the company is the fact that it is in fact a corporation.

Most of the things, which Trubiani stated are true.

FACT#1

Paul Cato is not an employee of Windstar. I doubt the person exists.

FACT#2

Windstar has never owned a refinery. A man named Bill Feighner (Columbus, GA -I believe) owned it and it was a gasification plant. Windstar has NO assets and has never made a profit. They have an idea, just a business plan.

FACT#3

Does anyone bother to Googleno wait just visit the Windstar Corporate Headquarters. If anyone ever does business with this company go to their listed address. You will get your answers to all your questions when you pull up to the house (ahem) - corporate headquarters. How many oil refinery companies operate out of a house?

FACT#4

SAP engaged this company in a contract and booked revenue recognition on the deal. They had to tear up the contract after Windstar could not produce any payments. SAP investors should ask the Atlanta office why they signed a contract with a company who has never made a profit and has NO assets. Seriously, it is the dumbest thing I have ever seen a major corporation do.

FACT#5

Windstar Energy and Cyntech Technologies are run by the same person, R. Frank Meyer. Cyntech was going to build tire and carpet recycling plants for years (all over the country and world). Next, it was a gasification plant and then onto a multi-billion dollar refinery now in Lake Charles, LA. All of this information is on the internet and has been around for years. There are two offices now. I checked. One is run out of a house in Conyers, GA and the other is in a real estate office in Lake Charles, LA. Those are the addresses that are listed for Windstar. What is going on here?

ADVISEMENT #1

Any company or individual that ever may encounter or have an interest in doing business with Windstar Energy, Cyntech Technologies and Frank Meyer Please VERIFY every piece of information. VERIFY every claim made by him or any representative of these companies. ASK and DEMAND PROOF. Just like Valentino did for the financials. Anyone who understands Business 101, knows that in order to get a business loan, seed or investment money etc. a business plan is a start. Followed by financial statements, past performance of any and all activities related to the individuals and company involved. Also, due diligence of all people, assets, the company and its financial history is a MUST.

ADVISEMENT #2

I hope TSG will seriously check out WHO they engage in future transactions.

They wasted their time with Meyer, who regularly wastes many peoples time and money. I am surprised that he has not been shut down after all these years.

ADVISEMENT #3

I must disclose that I did invest with Cyntech (Frank Meyer) many years ago, only to come to the realization (through contacting other investors), that Meyer just is a fraud. He lives in a dream world and I have tracked his insipid moves for the last many years. This is just a warning to all. DEMAND PROOF FOR EVERYTHING that he claims and then check the history, validity and veracity. Ask for legitimate references and ask for financials. Also, ask Meyer what he has built in the last 25 years. Answer NOTHING.

On a side note, I do not anything about TSG Capital. They may or may not be legitimate. I cannot comment on the veracity of all statements made by TSG or Windstar, as to the exact communication and actions between both parties. I can only comment on what I know to actual facts. I am able to prove everything I have stated about Windstar.

Valentino is quite a guy, he has partners in his firm and this is an investment bank.......pay-to-play deal where , FOR A FEE, they get you ready to be viewed by the fund (industry specific) and if the fund likes what they see after opening your toga, they may invest.

Nothing is for free ...duh.

Tuesday
April 10, 2007

Upadte & Response to TSG Capital Rebuttal of April 3, 2007

1. Windstar did approach TSG Capital in July 2006 but was not turned down as proclaimed by Mr. Trubiani. One of our staff members, Paul Cato, inquired if TSG Capital limited the total fees charged by third party brokers referring Windstar to TSG Capital. Mr. Trubiani response that they did not control the fees even if they were excessive.

Mr. Cato followed up to complain about the brokers charging 10% of the loan requested. TSG Capital thus advised Windstar that it was passing on the loan application because TSG Capital was concerned that a lawsuit may be in the works by Windstar or the referring brokers and it did not want to get in the middle. This is in an e-mail from Mr. Trubiani to Windstar. Another bold face lie by TSG Capital.

The loan request was not turned down except due to the turmoil between Windstar and the outside brokers.

Unfortunatley Mr. Trubiania needs to check his e-mail transmissions. There are several e-mails from Mr. Trubiani stating just what I mentioned above. The information is in writing, and it is not debatable. To continue to state otherwise is a ongoing fraudlent attempt to suugest Windstar is acting in an illegal manner when it is TSG Capital that has failed to perform and in a timely manner and lied about sending legal fees to attorneys in December 2006 when it never has hired any attorneys to prepare the PPM for Windstar.

2. A brokerage firm in Seattle, Washington approached TSG Capital on our behalf and asked for a reconsideration of our loan
through an associate of TSG Capital, Finn Walstad, who then contacted TSG Capital and they agreed to the reconsideration to review the loan package. The package was accepted in December 2006 for funding. The same package submitted in July 2006 was the same one in November, 2006. No changes, and there is nothing even remotely suggesting we owned the refinery yet. It was stated in numerous e-mails that one of our Board of Directors purchased the property on our behalf but was held in the name of the Board member. Again, the paperwork submitted is identical. It clearly shows in the Executive Summary that we had to purchase the site for $2,900,000 from our Board member. Why would we ask for for this $2,900,000 if we already owned the site?

It is the same problem as stated in the first complaint to Rip-Off. TSG Capital continues to spin, lie, and misrepresent the facts and that why it became necessary to contact the FBI to file the formal criminal complaint. We also want to stop TSG Capital from tricking any other potential viticms.

3. Mr. Trubiani seesm to ignore the paperwork submitted about the refinery loan request. It was stated in early December that we had a very short window to prepare the PPM and purchase the site. Either Mr. Trubiani cannot read or continue to suffers from a lack of integrity to tell the truth.

Mr. Trubiani brough in two real estate brokers that were totally incapable of performing a bridge financing for the refinery because they felt serious concern that Mr. Trubiani would close the permanent financing through the preferred float by TSG Capital. The facts that both brokers continued to ignore numerous e-mails from Windstar to discuss the bridge loan for weeks, it became evident that they were not able to perform as Mt. Trubiani claimed. There was never any request for personal guarantees from Windstar management.

4. We did not cliam we had another refinery. When it because evident we may be not able to close preferred financing with TSG Capital on the Mt. Belvieu site since they failed for many months to prepare a PPM and send to us for review, we began to see if we could move about a mile down the road and find another site which would add $20,000,000 to the cost of building a new plant from scratch. Again, the paperwork submitted and to be submitted to the FBI will clealry show the lies and fraud here perputated by TSG Capital and its senior management.

5. TSG Capital never prepared any PPM for Windstar Energy.

Where is the Windstar PPM draft(s) Mr. Trubiani?

You can explain to the FBI in time and produce all this paperwork and I hope you are not stupid enough to lie to the FBI like Scooter Libby. If you keep putting these lies out, sir, and it will come back to bite big time!

6. When we started demanding our legal deposit back, then Mr. Trubiani begins to start working (maybe) on the Windstar PPM document. To suggest I am a mental case will be determined in due time.

Working with liars and crooks will make anybody frustrated and anything can happen if resolution is not forthcoming. To suggest this compalint was filed to avoid America Arbitration review is a joke. The Arbitration people felt our cliam was crimnal and not civil in nature. They suggested to contact the police.

7. Yes, we called two other TSG Capital clients who complained to us they ahd not received their PPM or funding. We hardly slandred TSG Caital. By asking questions, we were trying to determine why it was taking almost 3 monthst to prepare a very simple PPM document. Any attorney could do this in a week, or less, based on the data, business plan, and financila projections we gave to TSG Capital. There is also serious questions if TSG Capital is performing legal work in violation of Ohio state laws.

8. This is my favorite part about the Windstar finacial statements. Rather than deal with the comments in the complaint about TSG Capital, Mr. Trubianai wants to wander off and make idiotic stupid statements that the financial statements presented by Windstar are fraudlent. Amazing.

When it becomes clear that an institution like TSG Capital (Washingtn, DC)is acting fraudently by failing to perform what it agrees to do, in a timely manner, and within normal business practices, then it is time to recognize that it now becomes a matter for police authorities. In this case, due to the various TSG Capital characters involved in several states and the deversity and opportunity of TSG Capital to solicit potential clients, only the FBI is qualified to investigate. I know what the outcome will be, and so does Mr. Trubiani.

9. The TSG Capital website is abut as close to reality you can expect from TSG Capital in Washington, DC. As we have stated, 95% of our e-mails over many months were ignored. Telephone calls were not returned and it is impossible to get anyone in the TSG Capital office on Pennsylvania Avenue. An answering machine is the front for an orgaizaion that does not seem to have staff available to question. Susuan Craft in Ohio (we think) is stated as a paralegal as we have this in writing from her. No telephone number is available for Ms. Craft and she also fails to answer 95% of the e-mails sent to her.

Finn Walstad, an Associate of TSG Capital (whatever that position is), is the gatekeeper of sort with no clear line of authority to do anything except answer calls and rarely returns calls and almost never answers e-mails.

Word of warning. Stay away from TSG Capital in Washington, DC.
If you need information of current clients of TSG Capital other tha Windstar, I will be happy to furnish names, address, e-mails,and telephone numbers.

Mr. Walstad, the TSG Capital Associate, cliams that the Ceaser Fund has over $900 Million in the fund. We have been unable to validate this claim in any manner.

TSG Cpaital will be held accountable, and I will stop this company from ripping of anyone else.

Frank Meyer
General Manager

Frank has left out some very important information.

1.) Windstar first came to TSG Capital to float preferred in July of 2006. At that time we talked to Frank and decided to pass on the transaction.

2.) Windstar came back to TSG Capital in November of 2006 and informed us that they now owned the refinery.

3.) On the basis that they owned the refinery we accepted floating their preferred equity on our Private Placement Forum. It soon became evident that Windstar did not own the refinery and that they needed $ 3,000,000 to acquire in a very short time frame. We suggested two commercial mortgage brokers to finance the real estate but when they could not get a personal guarantee from Frank they passed.

4.) Then Frank informed us that it was not important because he had located another refinery.

5.) Daily after that Frank would change his core business strategy from refineries to Texas stripper wells (in which we do not become involved)and send us updates via email. We re-worked his PPM several times to reflect his new business direction.

6.) When we informed Frnak that we needed documentation to backup his financial statements such as a call to his CPA or his bank statements he lost his mind.

7.) Frank then demanded his fees back and called many of our other clients and made slanderous and libelous remarks.

8.) We informed Frank that he was mentally unstable and and most likely had provided us with fradulent financial statements and ask that he retain an attorney to speak to our attorney and settle this matter in arbitration as was requied in our letter of enagagement. Frank said that lawyer were lairs and he would never use one. Frank said he was filing a complaint with the FBI. We informed him that filing such a report with the FBI was his right and we were not acting in a criminal manner so feel free.

9.) As it says right on our websites - debt is the best manner for funding - floating any type of equity is a risky, long, difficult and frustrating ordeal. It can be rewarding if you have the patience and fortitude to get through the process. This is why TSG Capital rejects more then 50 companies who wish to float equity on our Private Placement Forum to every one that we accept. It seems that in the case of Windstar and Frank chose poorly in that he used fraudlent statements of the company's ownership of the refinery and later his financial statements and had seriously libeled and slandered us. We will be more careful with whom we elect to take on as clients in the future you can be sure.

Frank has left out some very important information.

1.) Windstar first came to TSG Capital to float preferred in July of 2006. At that time we talked to Frank and decided to pass on the transaction.

2.) Windstar came back to TSG Capital in November of 2006 and informed us that they now owned the refinery.

3.) On the basis that they owned the refinery we accepted floating their preferred equity on our Private Placement Forum. It soon became evident that Windstar did not own the refinery and that they needed $ 3,000,000 to acquire in a very short time frame. We suggested two commercial mortgage brokers to finance the real estate but when they could not get a personal guarantee from Frank they passed.

4.) Then Frank informed us that it was not important because he had located another refinery.

5.) Daily after that Frank would change his core business strategy from refineries to Texas stripper wells (in which we do not become involved)and send us updates via email. We re-worked his PPM several times to reflect his new business direction.

6.) When we informed Frnak that we needed documentation to backup his financial statements such as a call to his CPA or his bank statements he lost his mind.

7.) Frank then demanded his fees back and called many of our other clients and made slanderous and libelous remarks.

8.) We informed Frank that he was mentally unstable and and most likely had provided us with fradulent financial statements and ask that he retain an attorney to speak to our attorney and settle this matter in arbitration as was requied in our letter of enagagement. Frank said that lawyer were lairs and he would never use one. Frank said he was filing a complaint with the FBI. We informed him that filing such a report with the FBI was his right and we were not acting in a criminal manner so feel free.

9.) As it says right on our websites - debt is the best manner for funding - floating any type of equity is a risky, long, difficult and frustrating ordeal. It can be rewarding if you have the patience and fortitude to get through the process. This is why TSG Capital rejects more then 50 companies who wish to float equity on our Private Placement Forum to every one that we accept. It seems that in the case of Windstar and Frank chose poorly in that he used fraudlent statements of the company's ownership of the refinery and later his financial statements and had seriously libeled and slandered us. We will be more careful with whom we elect to take on as clients in the future you can be sure.

Frank has left out some very important information.

1.) Windstar first came to TSG Capital to float preferred in July of 2006. At that time we talked to Frank and decided to pass on the transaction.

2.) Windstar came back to TSG Capital in November of 2006 and informed us that they now owned the refinery.

3.) On the basis that they owned the refinery we accepted floating their preferred equity on our Private Placement Forum. It soon became evident that Windstar did not own the refinery and that they needed $ 3,000,000 to acquire in a very short time frame. We suggested two commercial mortgage brokers to finance the real estate but when they could not get a personal guarantee from Frank they passed.

4.) Then Frank informed us that it was not important because he had located another refinery.

5.) Daily after that Frank would change his core business strategy from refineries to Texas stripper wells (in which we do not become involved)and send us updates via email. We re-worked his PPM several times to reflect his new business direction.

6.) When we informed Frnak that we needed documentation to backup his financial statements such as a call to his CPA or his bank statements he lost his mind.

7.) Frank then demanded his fees back and called many of our other clients and made slanderous and libelous remarks.

8.) We informed Frank that he was mentally unstable and and most likely had provided us with fradulent financial statements and ask that he retain an attorney to speak to our attorney and settle this matter in arbitration as was requied in our letter of enagagement. Frank said that lawyer were lairs and he would never use one. Frank said he was filing a complaint with the FBI. We informed him that filing such a report with the FBI was his right and we were not acting in a criminal manner so feel free.

9.) As it says right on our websites - debt is the best manner for funding - floating any type of equity is a risky, long, difficult and frustrating ordeal. It can be rewarding if you have the patience and fortitude to get through the process. This is why TSG Capital rejects more then 50 companies who wish to float equity on our Private Placement Forum to every one that we accept. It seems that in the case of Windstar and Frank chose poorly in that he used fraudlent statements of the company's ownership of the refinery and later his financial statements and had seriously libeled and slandered us. We will be more careful with whom we elect to take on as clients in the future you can be sure.