Complaint Review: David Kessler - Los Angeles California
David Kessler Embezzlement of company funds and theft of property and fraud Los Angeles California
*General Comment: Fake Reports here about Kessler
I thought you might like to hear what happened with David Kessler when he worked for me and why after two years since he worked for me why I am so upset and how he created such a cancer which seems to have no end. I hired David from a Craigs list ad to help with my trips to Iraq since he knew Arabic and was so enthusiastic and wanted the learn the oil business which you know is so rare in our business. So I taught him the business and backed other things he wanted to do brokering domestic oil deals and financed trips he wanted to do and we traveled together and I introduced him to all the guys I know in cities we visited.
Now I want to state here what I am going to tell you are all facts, not my opinion and all backed up by police investigations and other court documents. Our company was hired by a company called Vanoil from Vancouver to find a farmin partner for their project in Kenya. David worked on this project along with another deal that we were hired for on an Alaska shale deal by Rampart Energy from Australia.
He was also working on a producing property in Wyoming that we were mandated to sell. One day he left the company without notice and I tried to call him to see what was wrong but he would not speak to me. So our contract with Vanoil was coming to and end but they still owed us two payment of 9500 dollars. When the next payment did not come I called Vanoil to see what the problem was, they told me that David told them to send the money to his company that he formed behind my back without my knowledge.
This 9500 was wired to his company called Icon Oil when it was owed to my company Concessions International. Further he told them that he had my permission to take over the contract and that they should pay him and his company and this was not the case. He also tried to get a new contract with Vanoil they turned him down since I made them aware of the fraud and embezzement of these funds.
Further we successfully found an asset for Rampart Energy by farming into a company called Royal Energy from San Diego. In the contract my company was due $100,000 but when the money was not paid I enquired why and it turns out that David had told the company Rampart Energy that I had given him permission to sign a new contract for that $100,000 to be paid to him personally and his bank account. He further hired an attorney in Long Beach to make threats of pursing a law suit agaist Rampart if they did not pay him the $100,000.
So Rampart with two parties claiming the $100,000 hired a lawyer in Los Angeles to put the $100,000 in an escrow account and to let us battle it out who is entitled to the funds. My company has spent about $40,000 in legal fees on this case that has been in the courts for almost two years with no result to date.
I found that David had also got a number of our clients to sign contracts to pay him personally rather than my company and that I had given him permission to do so which was not the case. Other funds were diverted in the same manner as above on other deals without my knowlegable and behind my back. Funds were paid to him and his company Icon Oil that was to be paid to my company for work that we did.
So while all this mess was happening I went to find David's employment, confidentially and non-circumvention agreement in our files and found that he had taken it. Further I got concerned that he might have taken our most valuable asset, our database that I personally built over 35 years in this business plus all ther other data on projects around the world which is highly confidential.
I hired a computer foresstic expert that went through all the computers and found that David had stolen not only my database but all of the confidential data that I had put together over my 35 years in the business. The next thing I find out is that he is sending my database and other confidential data to everyone I know. One day an investment banker I know well tells me that he just acquired a great database and that he would share some of it with me. So what he sends me is part of my own database, I know this because I had a bunch of my personal friends in the database that he sent to me the exact copy of the one I built.
All of the deals David was involved with came from my relationships with people I have known for decades and David has created a cancer that is badly effecting all of them who he comes into contact with because I must sue all of them to prevent anymore funds going to David and prevent all of my data being sent all over our industry.
I have spent over $100,000 in legal fees and it seems when it is all said and done about $300,000 will be spent on lawsuits. Vanoil declined to press criminal charges because they did not want to bad publicity on the $9500 in diverted funds and asked me to pay this from my company funds. However when we prove in our civil action that David embezzeled money from my company and commited serious fraud then the police will pursue criminal charges,
So I ask you is this someone you want to associate with? This cancer that he seems to infect everyone and everyting that he touches will infect you to and your company. Frankly I do not understand he is a hard worker and could make money honestly but he chooses to be dishonest and therefore causes great harm and will continue to do so I am afraid.
I hope an pray you will join with me in weeding out people like David who seem to get away with criminal actions causing great harm that grows like a cancer infecting all of us.
This report was posted on Ripoff Report on 08/10/2019 06:26 AM and is a permanent record located here: https://www.ripoffreport.com/report/david-kessler/los-angeles-california-funds-1483260. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content
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