Report: #581540

Complaint Review: Ez2rent.com - Otto Bethlen - Andrew Rothberg - Internet

  • Submitted:
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  • Reported By: Johnny — Miami Florida United States of America
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  • Ez2rent.com - Otto Bethlen - Andrew Rothberg Internet United States of America

Ez2rent.com - Otto Bethlen - Andrew Rothberg Otto convinced young entrepreneurs to invest money in fake companies, misallocating funds, basically Ponzi schemes targeted at unexperienced wealthy college grads. Internet

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In 2003, Otto Bethelen, convinced me he would provide funding for an idea I had: Koosy.com a facebook and youtube concept before either site was popular. As per his instructions, I convinced my family to provide funding on my venture, which was to be matched 3 fold by Otto. As time progressed he never showed what the money was being spent on or justify expenses. He continued to lie about developments and more specifically, continued to raise funds from other friends who believed in the great idea of a video social network. 

One morning, Otto completely disappeared, leaving only traces of all other crimes committed. He had embezzled funds in approximately 5 other companies, separately convinced other young entrepreneurs to raise funding from their families in order to create a semi-decent business, then raise millions of dollars in further funding which he would simply pocket. He is also responsible for many violations with the SEC for EZ2RENT.com. 

He is wanted by the Interpol, SEC, and Miami authorities, but has never been found. Probably because of lack of efforts because he's right here...on Facebook. His phone number still works (I'll add it here later).

I just got wind that a movie is being made by an independent film maker her ripped off and who's reputation he tarnished. This is great since the authorities aren't preventing him from repeating his offenses, maybe other young entrepreneurs will learn and read about this scheming Hungarian scoundrel and decide not to do business with him.

Check out his FB page and beware:

This report was posted on Ripoff Report on 03/16/2010 08:43 AM and is a permanent record located here: https://www.ripoffreport.com/reports/ez2rentcom-otto-bethlen-andrew-rothberg/internet/ez2rentcom-otto-bethlen-andrew-rothberg-otto-convinced-young-entrepreneurs-to-invest-581540. 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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