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Report: #620321

Complaint Review: - Frisco Texas

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  • Reported By: Jay Adkisson — Newport Beach California USA
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  • 2591 Dallas Parkway Suite 107 Frisco, Texas United States of America Karl L. Dahlstrom, Karl Dahlstrom, Karla Dahlstrom, Clara Dahlstrom, Clara J. Dahlstrom Convicted Felon Selling Bogus Entities Frisco, Texas

*REBUTTAL Individual responds: Rebuttal to False Allegations and Slander by Jay Adkisson to Ripoff Report July 5, 2010

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Having been caught by the IRS in selling bogus Pure Trust structures, see the convicted felon known as Karl L. Dahlstrom a/k/a Karl Dahlstrom a/k/a Karla Dahlstrom, see
Inmate Locator - Locate Federal inmates from 1982 to present
 NameRegister #Age-Race-SexRelease Date
1.KARL L DAHLSTROM12894-05471-White-M09-12-2003RELEASED

Dahlstrom now runs a new scam known as "" that illegally provides legal services, even though Dahlstrom is neither a lawyer nor has the first clue as to what he is doing. Dahlstrom has given up his Pure Trust scam as being too well known, and now sells a new scam known as the "Texas Joint Stock Company" scam, which type of company Dahlstrom falsely claims provides a variety of benefits, the only one of which is real is that it puts money into his pocket. Not being an attorney, Dahlstrom doesn't understand why he is wrong, but he puts his victims into serious jeopardy since their communications with him are not protected by attorney-client privilege and his clients might instead have seen a real attorney who could have accomplished some real benefit. Avoid this convicted-felon snake oil salesman like the plague, and hope that your name doesn't show up in his Rolodex for the next time the Feds come calling for him.

This report was posted on Ripoff Report on 07/05/2010 03:20 PM and is a permanent record located here: 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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#1 REBUTTAL Individual responds

Rebuttal to False Allegations and Slander by Jay Adkisson to Ripoff Report July 5, 2010

AUTHOR: Karl - ()

POSTED: Thursday, December 18, 2014

Given the numerous claims and charges of outright theft, conversion, deceitfulness, lying and cheating by his own clients (as posted on Ripoff Report), it is not inconsistent that he would make false and unsubstantiated allegations against me, Karl Dahlstorm, my family, and my business of  ProAdvocate Group. Additionally, it should be noted that Adkisson’s book, "Asset Protection" has five (5) fatal errors in setting up a Revocable Living Trust.

 If Mr. Adkisson can substantiate ANY illegality of any of our asset protection entities (Texas Joint  Stock Company, etc.) or private membership entities, then let him prove it in a court of law. A formal letter of demand has been sent to Mr. Adkisson and his law firm, Riser & Adkisson, to cease and desist posting such false allegations and to immediately remove same from the following web sites:

 •(((REDACTED)))) Texas-7 5023lProAdvocateorg- Karl-


 The private protection entities used by ProAdvocate Group have been researched for 41 years with hundreds of satisfied customers. Mr. Adkisson's statement that “having been caught by the IRS in selling bogus Pure Trust structures” is both false and misleading. The specific case to which he refers involved a client of ProAdvocate who, upon forming certain trusts, was instructed not to comingle his personal funds with those of the trust, even while living in a home rent free owned by a trust. The client disregarded my instructions and did so anyway, causing his violation of IRS rules and subsequently lost in Tax Court.

 His further reference to me as a convicted felon is true only with respect to an SEC case, UNITED STATES OF AMERICA v. KARL L. DAHLSTROM, et al. 96-CR-157-ALL, USDC, SD/TX [Houston Division] wherein I was wrongly charged and convicted. That case is being appealed.

 The information posted by Adkisson concerning this conviction is either totally false or a half-truth (which becomes a lie) or not fully understood or explained in context as to what actually occurred.  The facts concerning my lawsuit and subsequent conviction are as follows:

1.         Clara J. Dahlstrom was not involved or charged.

2.         Karla D. Dahlstrom was only charged with lack of a Securities License and the selling of             securities without a License.

3.         The case against Karl L. Dahlstrom clearly proves that the innocent can still be wrongly             convicted as the following points unfortunately illustrate:

 The two (2) other Defendants in the case were given a plea bargain with no jail time if they agreed to testify to perjured and untrue statements at trial, which they did. Try to overcome that!


  2. Karl was charged and convicted with having more than 35 shareholders in his company some of which crossed state lines. The law in Texas at that time allowed only 32 shareholder entities. This false charge occurred because some of the shareholders were corporations, partnerships or trust entities wherein some of their participants were located in other states, and those numbers were added to our legal 32 shareholder limit.

 c.         The prosecutors argued that Reverse Mergers were illegal and that they were used by Karl to go public. Ironically, one of the prosecutors, Phillip Offill, learned during his investigation just how accomplished and legal reverse mergers can be; consequently, he resigned his government position and start utilizing reverse mergers for his own business with one added feature: unlike what Karl did in his business, Offill faxed thousands of stock offerings from several Reverse Merger companies, none of which had any business activity or assets; this of course is a total fraud with no substance. Later, Phillip Offill was charged and convicted of Securities Fraud and is now serving ten (10) years in Federal Prison of medium security. What irony.

 It should be obvious that my prosecutor was a total scam artist, liar, and dishonest crook who wrongfully used the law and falsely persecuted me.What you have just read is a prime example of why some innocent people still go to prison after being wrongfully slandered and accused.

Please visit our website, (((Redacted)))for a detailed look at our organization and what we have to offer. We are the only qualified private membership organization who can structure a Texas Joint Stock Company for your full asset protection which is valid in all 50 states with a multitude of advantages over any corporation, LLC or Trust.

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