PESWiki.com -- Pure Energy Systems Wiki -- your publicly editable site about new energy technologies. Power to the people!

Directory:Buyer Beware

(Redirected from Directory:Fraud)

Free energy claims and organizations of an unscrupulous nature.

Table of contents

1 Overview

Overview

Download interview with well-known FE skeptic (http://pesn.com/Radio/Free_Energy_Now/recordings/2008/080331_EricKrieg_PhactSkeptic.mp3) (13 Mb; mp3) - On March 31, 2008, Sterling D. Allan conducted a live, 1-hour interview with Eric Krieg as part of the Free Energy Now (http://freeenergynow.net) radio series. A look from the perspective of one who is highly doubtful about many of the free energy claims and claimants. After ten years, his offer of a $10,000 prize for a free energy demo is still unclaimed.

Tilley Foundation (http://peswiki.com/index.php/Directory:Tilley_Foundation,_Inc.) - Proven fraud. Uses stolen technology that is semi-legit; inflates claims of its capabilities, bilks investors. History of taking the money and running.

Future Horizons - Entertaining site with numerous kits and plans for sale; but science is often shoddy, claims stretched or outright bogus, and ethics questionable.

Cycclone Magnet Engine Company Busted? (http://peswiki.com/index.php/Directory:Cycclone#Skeptics) - U.S. company with R&D lab in Australia has been under investigation by the Australian Securities and Investment Commission since April 2006. On March 26, 2007 the ASIC launched an application to have a liquidator appointed. (PESWiki)

N-Motion: The Perpetual Motion Vehicle Company (http://peswiki.com/index.php/Directory:N-Motion_The_Perpetual_Motion_Vehicle_Company) - Snazzy-looking website gives the appearance similar to Tesla Motors, Co (a legitimate electric car company), but with no supporting technology. A "perpetual motion" company with no "perpetual motion" working technology. (PESWiki; Jan. 30, 2007)

Dennis Lee (http://www.freeenergynews.com/Directory/Dennis_Lee/index.html) - Offers dealerships of a wide array of products, most of which are not FE, and which are legit. Methods of generating support for FE technologies problematic. Tends to claim technologies as his own when they are taken from others. Technology has promise, but deadline fixing creates huge credibility problems when not fulfilled.

Electromagnetic > GMC Holding > SEC Files Action On Fuelless Motor Fraud (http://pesn.com/2008/02/26/9500474_SEC_files_action_against_GMC_Holdings/) - The US Securities and Exchange Commission has filed an action against GMC Holding Corporation (GMC) and its CEO, Richard Brace, for defrauding investors by issuing false press releases touting the company's development of a motor technology device capable of generating unlimited energy. (PESN; Feb. 27, 2008)

AKOIL Power Generator fraud charge (http://peswiki.com/index.php/Directory:AKOIL_Power_Generators#Fraud_Charge) - An energy professional who closely inspected the company and the technology on-site recounts the frustration of trying to verify the technology with an adequate test procedure. (PESWiki; Oct. 19, 2006)

Latest News on Perendev (http://peswiki.com/index.php/Directory:Perendev_Power_Developments_Pty_(Ltd)#Latest_News) - 1) At least 20 customers are documented as not having received the goods they paid for, but they are powerless to complain or receive remedy due to the way the paperwork has been ran. 2) Another public demo canceled. (PESWiki; Nov. 5, 2007)

GEET (http://www.freeenergynews.com/Directory/Geet/index.html) - Paul Pantone has working technology but has ripped many people off in his business dealings at Global Environmental Energy Tehcnology.

Europositron Rechargeable Aluminum Batteries Alleged as Fraud (http://peswiki.com/index.php/Directory:Europositron_Rechargeable_Aluminum_Batteries#Alleged_Fraud) - The "inventor" of the battery, Rainer Partanen, is being held in custody for fraud. Europositron Ab has sold stocks to hundreds of Finns for at least 1.3 million Euro, but police say there is no actual product. (PESWiki; Nov. 6, 2007)

Solar > Citizenre (http://peswiki.com/index.php/Directory:Citizenre_Corporation) > Citizenre: A House of Cards? (http://www.renewableenergyaccess.com/rea/news/story?id=47419&src=FreeEnergyNews.com) - Jeff Wolfe asserts that the new multi-level distributor company that claims to be able to offer solar power at or below grid energy pricing toward the end of 2007 does not have its act together and is actually diverting solar customers away from real technologies to false hopes. (Renewable Energy Access; Feb. 12, 2007)

Hydrogen > Genesis World Energy (http://www.freeenergynews.com/Directory/Hydrogen/Genesis/) > Kelly Sentenced for Stealing Funds Invested in Bogus Fuel Technology Venture (http://pesn.com/2006/11/15/9500433_Genesis_Patrick_Kelly_conviction/) - Genesis World Energy founder lied about the technology and its alleged partners, defrauds investors, misallocates funds, including $2.5 million from around 500 New Jersey residents. (PESN; Nov. 15, 2006)

NJ Bureau of Securities Ready to Tighten the Screws on Genesis World Energy (http://www.freeenergynews.com/Directory/Hydrogen/Genesis/fraud/NJ_attorneygeneral/PR031209.htm) - Disgruntled eyewitnesses say one the bench-top model used by GWE for proof of concept demos is nothing more than a slight modification of a fuel cell devices sold at Hammacher Schlemmer.

Calloway Magnet Motor (http://pesn.com/2006/02/10/9600233_Calloway_Magnet_Motor_Open_Source/) - Says that after two decades of finding out what won't work, he is ready to divulge how to build an operational all-magnet motor. Ends up being an intentional wild goose chase. (PESN; Feb. 10, 2006)

MXLO Magnetic Motor Plans (http://www.freeenergynews.com/Directory/MagneticMotors/MXLO/index.html) - Of 14 known independent replications from the MXLO plans, not one working device has been produced yet. Plans are neither easy nor adequate as claimed on the site.

Watch out for Jiffy Lube: Is Your Mechanic Honest? (http://www.nbc4.tv/video/9152183/detail.html#) - 5 out of 9 stations visited in California by NBC4 investigative team in Los Angeles stiffed the investigators, charging for services they did not perform, as documented by hidden cameras. (NBC4)