Todd Spenla is a flat out fraudster. I read this report and can tell you that I too have a file on him and his associates. His m/o is too claim he has clients under signature, which usually he does not, and then claims he has investors, which he does not, and then goes to the company to get a large retainer because he "has investors ready to go." There is no evidence he has ever delivered a completed financing, but he has been able to secure retainers. Amazing. A ponzi of it's own. A client of ours was duped by this guy as he actually had no written relationship with the hotelier he claimed to represent. This folks, is fraud. I suggest staying away from this guy. Was working with a guy called Allen Shoening who seems to be ok but when you associate with a fraud, are you one too?
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