Dupont Alliance is a financial services firm I work for from the late 1990's until approximately 7 months ago. As a professional with over 15 years of worldwide financial experience, I was shocked by the final result with this institution.
I have worked over seas in such markets as Kuala Lumpor, Rome, London, Beijing, and Johannesburg. I had been a director of financial operations, an international finance director, and a board member for the Euro Financial Entities Commission.
I was offered a position with Dupont Alliance in May of 1997. At this point I was promised contractually that I would head up a 5 year project to merge with a major financial institution in Denmark. Given my international experience, my merrit, and my European contacts, it seemd as though it was a perfect match. It also enabled me to come home to the state of my youth and to live and work out of Florida.
By the year 2000 Dupont Alliance was selling itself as a major finacer for overseas real estate development projects.in september I saw a production and development report for financing a major commercial project in central America. This project was alledgedlly one where Dupont was financing, in full, a waterfront hotel and community project. It was depicted in a persepctus being given to another potential project developer for a project we were bidding on in Canada. This central America project which was being used as the flagship example of what was possible for the Canadian project had never taken place.
From 2000 - 2004 Dupont regularly claimed that it was the aquisition of this prject which would be the final step in our merger with the Denmark based bank. They were legitimately filing fake documents and using non existsent projects outside of the United States as substance for their bidding in other endeavors. They wanted my name to serve as credibility to the Denmark operation, and given my reputation in international markets, few developer would have doubted the creditibility.
In January I had more knowledge about this scam than anyone in the company. I defined its terms from the inside out. This comany is run by kids, people in their late 20's and 30's who have no legitimate business contacts making an effort to fraudulantly scam themselves into a prosperous financial position. As I stayed on with the company I regularly documented my findings, knowing that it takes years for a federal and/or international case regarding investment fraud to be propertly substantiated.in February I finally left this company.
My documents have been filed with the same Euro Financial Entities Commission that I once served as a board member for. With my help, this will hopefully come full circle to the states and its federal governing bodies by Summer of 2008. This company is one where its plans include nothing more than falsely bidding on projects in south and central America predicated on the ides that their "international partners", such as the "merger in Denmark" will serve as stability and validation.
Allow this to serve as a legitimate warning that nobody, especially people serious about their own real estate and development projects, should have even a conversation with these people. Let it be known, if you are in business negotiations with Dupont Alliance, or any of its affiliates, that you should cease negotiations and or projects with them immediately. My only wish is that I knew of these sites months ago so that I could have warned people previously.
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