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Report: #1482911

Complaint Review: Tyler Tysdal - Lone Tree Colorado

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  • Reported By: Steve — Denver Colorado United States
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  • Tyler Tysdal 8543 Cove Ct Lone Tree, Colorado United States

Tyler Tysdal Title Card Capital Titlecard Capital Tyler Tysdal Cherry Creek Family Offices Platte Management Satori Capital Natalie Tysdal Tyler Tysdal, DEFENDANT Case # 18CV30684 Ponzi Scheme $41 million Lone Tree Colorado

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Tyler Tysdal Denver Colorado – Local investment fund manager Tyler Tysdal @tytysdal of Lone Tree Colorado allegedly defrauded investors and absconded with funds in a $41 million dollar Ponzi Scheme according to court filings. Randel Lewis, the court appointed receiver overseeing the liquidation of Tysdal’s failed private equity funds, reported that the Harvard MBA Tyler Tysdal repaid loans and investments to himself, relatives and friends while investors were left empty handed in the insolvency. Tyler Tysdal also allegedly funneled funds to the grandparents of his wife, KWGN TV morning news anchor Natalie Tysdal @NatalieTysdal.





Starting in 2011, Tyler Tysdal began convincing individuals to invest in a web of “investment funds” which included TitleCard Capital, Titlecard Group, Cobalt Sports Capital, Impact Opportunities Fund, Cobalt

Tyler Tysdal Denver Colorado – Local investment fund manager Tyler Tysdal @tytysdal of Lone Tree Colorado allegedly defrauded investors and absconded with funds in a $41 million dollar Ponzi Scheme according to court filings. Randel Lewis, the court appointed receiver overseeing the liquidation of Tysdal’s failed private equity funds, reported that the Harvard MBA Tyler Tysdal repaid loans and investments to himself, relatives and friends while investors were left empty handed in the insolvency. Tyler Tysdal also allegedly funneled funds to the grandparents of his wife, KWGN TV morning news anchor Natalie Tysdal @NatalieTysdal.

Starting in 2011, Tyler Tysdal began convincing individuals to invest in a web of “investment funds” which included TitleCard Capital, Titlecard Group, Cobalt Sports Capital, Impact Opportunities Fund, Cobalt Corporate Credit, Genesis Water, Satori Capital, and other entities that he controlled. Tysdal claimed to have many celebrities as investors, and posted photos of famous people like Jimmy Kimmel, Adam Levine, Kate Hudson, and Jesse James Decker on his investment websites, referring to them as “Influencers”. He promised that his investment funds combined “the power of athletes, artists and industry executives to generate attractive risk-adjusted returns through investments in companies that will benefit from TitleCard’s high-profile management team and investors.”

According to lawsuits filed against Tyler Tysdal, one of his funds, which he billed as a “sports lending entity”, raised more than $41 million between 2011 and 2016, but made loans and invested millions of dollars in entities that Tysdal himself owned or controlled and “that had no reasonable relationship to sports lending”. Among these were a $13 million investment in AOB Med Spa which was an entity controlled by Tysdal and run by his sister, and a $1 million investment in a Denver advertising firm which was also controlled by Tysdal and run by his wife Natalie Tysdal. Investors allege that Tysdal also charged them “quarterly management fees” of at least $600,000, and then double-dipped by collecting fees from companies that he invested their money in also.

While Tysdal claims that these all were simply bad investments, he also blames the aggrieved investors. “In an effort to either conceal their own faults or to attempt to justify and explain the losses of various investments,” Tysdal alleged, “Mr. Ulfig has caused the plaintiffs to bring suit against Mr. Tysdal and wrongly vilify him before this court.”

Tyler Tysdal is also fighting investigation into his conduct and investment funds in court. He stated in filings that the receiver, has no right to depose Tysdal, or to subpoena documents about the operations of Tysdal’s investment funds. Denver District Court Judge J. Eric Elliff is not buying Tysdal’s story, and ordered Tyler Tysdal to allow the court appointed receiver to search his computer servers. Judge Elliff also ordered Tysdal’s deposition under oath, and the service of subpoenas.

Tyler Tysdal is facing other problems. The Associated Press reported that the Heisman Trophy won in 1994 by Rashaan Salaam, who committed suicide in 2016, was claimed stolen by the deceased’s family. The allegedly stolen Heisman Trophy was sold by Tyler Tysdal for $399,608 at auction. Tysdal says he bought the Heisman in 2014, but Tysdal has refused to reveal the identity of whom he purchased the Trophy. A Heisman spokesman stated that there “was no record of Salaam’s Heisman Trophy ever being sold”.

This report was posted on Ripoff Report on 08/03/2019 07:17 AM and is a permanent record located here: https://www.ripoffreport.com/report/tyler-tysdal/lone-tree-colorado-title-card-1482911. 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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