Tilley Foundation Whistleblower Intends to Stop Carl Cold
By Sterling D. Allan
Copyright © GreaterThings News Service
January 27, 2003
www.greaterthings.com/News/Tilley/fraud/030127_whistle_blower.htm
Carl Tilley didn't know who he was messing with when he brought Walter Webb into his scam operation that promised technology that could provide endless electrical output with no fuel input requirement. He was able to get Webb to believe his line, and Webb subsequently brought in multiple investors to the tune of $401,000. Seven months he had Webb believing the story.
But now Webb is intent on exposing Tilley as one of the biggest con men of our day; and he is not short of evidence to prove it, starting with an exposé of what is in that mysterious black box. "It is nothing more than a high-efficiency wind turbine being turned by a DC motor," Webb reports, having finally been given a peek inside when he installed it in Tilley's shop. There are no 24-carrot gold wires, no 'circle within a circle' rotating spheres moving in 7 directions at once to harness static electricity, no levitating elements; and the thing will not shock anyone who is in the room if the cover is removed while in operation.
One of the clinchers was when Walter showed up early one day to the shop to find a regular battery charger topping off the batteries that supposedly were being powered by the "endless charger" array inside the shop. He had wondered why there was an orange extension cord going out to the shop from the house nearly every morning, and had not been satisfied with Tilley's reply.
A recent check of Tilley's power bill shows that he is paying around $180.00 per month, which is to be expected, and shows that he is not generating anything of his own as claimed.
The technology, which does function phenomenally to a certain extent, is not Tilley's. It came from Robert Kibbey, who has a notarized document stating that Tilley and he would share 50-50 in all developments of the technology. Contrary to the signed contract, Tilley claims that Kibbey has no such right, and that Kibbey's technology isn't behind the present technology, which Webb has seen with his own eyes as being the wind turbine Kibbey developed.
Kibbey was devastated when Webb went to him and they began comparing notes. Kibbey was going to just walk away and do nothing when Tilley gave him the shaft, but now he is intent on seeing that Tilley is stopped.
Kibbey still has in his shop the original device that he and Tilley worked on together -- the same device that Tilley told Webb he had sold for $37 million.
Together, Kibbey and Tilley had been able to raise $102,000; and Tilley used some of that wealth to flash money around at Webb to convince him that they had something real.
"Before, he had been on food stamps, and now all of the sudden he was waving $100 bills around," Webb recalls of the time when he first began to consider working with Tilley, a relationship that lasted from December 2001 through June 2002.
A later indicator of fraud came on May 4 when Tilley told a stock-holder's meeting that he had been on the phone the night before (a Friday night) with the vice president of GE who had said he would put down 2 billion dollars "sight unseen" for the technology. The stock-holders had been antsy, wondering when they were going to see something for all their investment. After gloating about the 2 billion, Tilley then told the stock holders that he would gladly refund any of their money. They all held onto their stock, which they had purchased at $1,000 per share. Walter has that on video tape.
Tilley couldn't remember the name of the vice president, nor his phone number. "He'll call back," Tilley had said. A few months earlier, the story was that Nissan had offered several million.
"That was a moment of clarity," said Webb. "I knew in my gut that something was not right. He didn't speak to any vice president. I went home that night and told my family we have a real problem: Carl is full of BS."
During the demonstration at the Nashville Superspeedway Sept. 9, when the demo was halted after only 13 laps due to a supposedly failed bearing in the left, rear axle, Webb's cousin was on hand and said he could fix it within twenty minutes. A DeLorean club was also present and offered the necessary parts. Tilley turned them down and scrapped the event.
Webb discounts the recent purported results from a 20-hour "hard run" of a golf-cart converted to an electric ATV using the Tilley charger. "Look at the names of the people who signed the 'witness' documents. They are on the payroll."
Webb relates a time when they set up some sophisticated testing equipment on the black box to see if there was more electricity coming out than was going in. Those measurements showed the opposite of what Tilley's instruments had been showing.
Doug Littlefield, who is still with the foundation, admitted in a recent foundation newsletter, "This process [of getting an outright buyer of the technology] would go a lot faster if we had outside independent test confirmation."
Webb is hiring independent investigators to comb Tilley's criminal records, which show a pattern of moving, conning, then moving on. "He's moved 16 times in the past 12-13 years. This is by far the largest con operation he has attempted." Webb said that anyone can get a lot of information about Carl Benson Tilley's criminal past as well as numerous bankrupsies by running his social security number through a generic locator service.
An officer from Wyoming, where there is a warrant out for Tilley's arrest, said that when he was taken to court there, he took his wife, who has Multiple Sclerosis, to the stand and pitifully explained to the court how desperately she needed him. Now, in Tennessee, he is collecting state welfare for her medical needs, though his funds are in excess of what is allowed in order to collect those monies.
Tilley is also in violation of Tennessee's Blue Sky Law, which limits a private stock company such as his to no more than 35 stock holders, and no more than 1/3 ownership of the total stock. "Actually, he is well in excess of 50%, with 44 investors," said Webb.
Another securities and exchange violation that is now coming due is that Tilley promised his stock holders that if something did not come of the technology within a year, he would refund their money. The stock began issue Jan. 2002, and still no buyer of the technology; but Tilley is claiming that he has a buyer who will sign within a month.
There are also tax issues that Webb is intent on bringing to a fore, with bogus book-keeping methods and non-reporting.
When asked about some of these charges by Webb, Tilley responded, "We have lawyers that take care of this...we have counter suits and we will all have our day in court soon."
Tilley once commented to Webb, "You can get anything you want in the court system if you have enough money. Just look at O.J. Simpson."
One month ago, Carl's attorney office fired him and refused to work for him any more. He had been working with one of most prestigious law firms in the state: Rochelle, McCullough and Alds, which includes a Senator, Bob Rochelle. Tilley had to go 60 miles away to Cookeville to find an attorney who would represent him.
Tilley is counter suing Webb for $1 million, and is poised to place a restraining order on Webb to keep him from disseminating any more information to present or potential stock holders.
Webb, who calls these "delay tactics," doesn't mind, because he has already been able to disseminate a great deal of information to the stock holders, about half of which are willing to go on the record with the local media as admitting to having been scammed.
Tilley's contractual promises to Webb of a share of the company and to be put on salary were also breached, though Webb did get the 10% commission promised for each stock holder he brought aboard. Had he received the promised stocks, Webb would have owned more than 51% of the company. After it became obvious Tilley would not provide the stock, Webb resigned.
The new whistleblower laws being passed, that protect the one who comes forth to tell all, will protect Webb from being indicted with the pending fall of the Tilley Foundation. But satisfaction will not come to Webb until Tilley is shut down and locked up.
"I got my own family members to invest in this company," Webb said. "There are people from my church who I got to invest in it. One person came to me and said, 'This is my child's college money. If you tell me to do it, I will do it,' and I told them to do it."
Just recently Tilley accepted $20,000 for stock from an elderly lady who received the money after the passing of her husband, who had invested $5,000.
Webb is taking this personally, and will not rest until Tilley is indicted.
As a former entertainer, and 'D.J. of the Year' four years in a row in Tennessee, Webb has a lot of friends in key places. When he was working with the Tilley foundation, those connections helped him raise $401,000 in seven months. But now that he sees Tilley as a con artist of the darkest hue, he will be venting that energy to expose Tilley. "I don't want anyone else to lose their money to this guy."
Webb intends to post documentation regarding Tilley's criminality on the Internet.
It is scheduled to be indexed at
greaterthings.com
==================
Nice dream go poof!!
119293!! |
