Wesley Tomas - Stolen Success
Continued from a Word
about Wesley Tomas
At one point, I founded and single-handedly built another
technology company from scratch and managed to find about
$150,000 in Venture Capital from past clients that trusted
me. I was barely making enough to get by, but I invested
what I had, my time, and about $150,000 that I was able
to pull from credit cards and lines of credit I had built
up.
I had two partners that had offered their time, their
numerous contacts, their finances, and their credit in
exchange for equal ownership rights. After lengthy discussions,
we were all agreed.
That business was making over $18,000/month when I last
checked a few years ago. However, I never saw any profit
from it. In fact, I recovered only a portion of my investment
and none of the money invested by my trusting clients.
The partners turned out to be very unscrupulous and took
off with the money and the business.
My name was on the papers and legally spelled out very
clearly that I was 33% owner, but lawyers do not tend
to trust a 22 year old (at the time) over two, established
50-60 year olds --one of whom had already made himself
a millionaire and had some crafty, unscrupulous lawyers
to fight his dirty battles.
So, although the lawyers DID lead me on enough to steal
$10,000 from me; I was eventually told that I didn't have
a case. No one would take my case. It was very sad. The
main reason I spent the money on the lawyers was simply
to recover the money for my trusting client investors.
They still trusted me and were aware of whom to blame;
but I still wanted to do my part.
Eventually, I realized that the fight was draining me
and I moved on with life. I let those liars get away with
their deeds, and I'm sure that happens more than not in
today's world.
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