IEV Capital Ryan Sumstad IE Ventures Scammed all of us with his fake energy/inground asset fund Woodlands/Conroe, Texas

The reason that Ryan is unable to be released from Montgomery County, Texas jail is because there is no bondsman in the county that will put their name on the bond paperwork. Due to the fact that the evidence was different than his story to investigators, no one including his own family will co-sign on the bond application. Being that this scheme has crossed over several state lines the Feds have stepped in to begin the investigation. I feel really sorry for the people that this crook took advantage of. For those of you that were taken by the no good piece of trash i would recommend that you contact the Montgomery County District Attorney's Office (Texas) so that your complaint will be handled properly. This man needs to be held accountable for his actions to all those he screwed out of the money that he did. I feel for those of you he took. Justice will be served on this pos person. For those of you that don't know Mr. Sumstad is up poop creek with no paddles. May God have mercy of his soul.

If you look at the news stories, he turned himself in because they had issued a warrant for his arrest.  If he didn't turn himself in then they would have come to get him.  After he turned himself in based on the warrant, his bond was set at $500,000.  He would have to pay 50K to a bail bondsman to get out of jail until the trial.  I'm sure if he had the money then he would rather be sitting at home instead of in a jail cell until the trial.  I don't know if that would be a good thing based on the circumstances but it make me think that he doesn't have a load of scammed cash sitting around.  I'm sure the family is happy that he doesn't have that cash.  The courts and God will judge his actions.

Why would he bail himself out if he turned himself in?

I do not know about the charges pending against Ryan.  I will let a judge and jury and the evidence decide these factors.  I wish to comment on one thing that I think is odd based on these rip off reports.  If Ryan scammed everyone and stole hundreds of thousands of dollars from these companies and individuals, why is he still sitting in jail?  He would need to post 50K to bond out of jail and go home while the trial is progressing.  Why is he still sitting in jail if he scammed all this money?  I think if these rip off reports were true then he would be sitting at home.  What is 50K when you have allegedly stole hundreds and thousands?  Just a question for thought.

I am not sure if Ryan committed the crimes for which he is now charged.  I leave that for a judge and jury.  I do find one thing rather odd considering all of these ripoff reports that are posted.  If Ryan scammed everyone out of hundreds of thousands of dollars, then why is he still sitting in jail unable to pay the 50K needed for a bail bond?  It seems like he should be sitting at home talking to his attorney rather than in a jail cell.  I do not know what the trial will hold but to me this seems like it contradicts the scam allegations.

I am sad to read about this post but even more sad to report that Ryan has been arrested on charges of murdering his wife. http://woodlandsonline.com/npps/story.cfm?nppage=42435

Well I finally decided just to look around and see if anyone had posted something awful about these bastardsand there it was.  We were also involved in that large HSBC bullshit syndication and paid out 25k to IEV, not to mention another 100k in expenses.  It cost me many personal relationships and left my good name is tatters
 
Has anyone gone after this guy?

 That guy really has some ballsa company called RNJ was the lead into Sumstad.   I would at least like my 25 grand back.  I had to pay another 100k to lawyers and other investors for contract terms.We did not wire the money to RNJ it went straight to IEV Capital.

Above quote:

"Just know that RNJ was the entity who orchestrated, charged and collected fees from their clients"

That statement above is utter Bullshit - I repeat, we did not wire the money to RNJ we wired it to Ryan Sumstad of IEV Capital in TEXAS.

"IEV Capital was not operating for about 2 years when I read about his terrible act."

I have worthless e-mails updates (all lies)from IEV that end about December 2008, but according to Sumstad that he "was not operating for two years prior to the "Terrible act".so that would bring us to January 2008.

Keep digging that hole Sumstad.

Everyone is aware of the financial collapse that occurred in recent years:
http://www.google.com/#q=us+banking+collapse

This is a simple case of a funding syndication that didn't work out as planned.  It wasn't the only one in recent years.  I don't suppose anyone who reads message boards like this for their information is terribly concerned with the actual facts.  The bottom line is that there are always two sides to a story.  If you asked anyone who really knows me, they would know that I work very hard to get results.  That I'm giving almost to a fault.  That I would literally give a member of my team anything if they needed it.  I'm not perfect.  The stress of having a family and attempting do something unique is tremendous.

Just know that RNJ was the entity who orchestrated, charged and collected fees from their clients.  I have no knowledge of the shell game they may have played.  This person slamming me must be one of those in from the RNJ network who didn't share in the fees that RNJ was charging and collecting.  This individual is upset that his deal didn't pay him a large fee. 

As for Neal.  His situation is unknown to me.  IEV Capital was not operating for about 2 years when I read about his terrible act.  The last thing I heard was that he was done with us and had taken his show to some group in China.  It's always difficult to negotiate with folks when there are obvious language and cultural barriers. 

Yes there are greedy people in this world.  We all know that.  There are also people who don't work for anything and assume that the world owes them everything.  I suppose the USA gives us the ability to be both or somewhere in between.  The American Spirit gives us the drive to succeed, but it doesn't come with an unconditional guarantee of success.  That, with the grace of God, is up to you to find.