Mr. Thomas Ford of San Diego, formerly of Elated Worldwide Group has attempted to entice investors in a scam operation in a $400,000, 000 casino/hotel/amusement park in Mexico. While he stated that he raised over $250,000 from an investor that is a blatantly false statement. His offering was filed in California to raise only $500,000 however his various prospectus lists anywhere from $1,000, 000 to $400,000, 000. He is in violation of both federal and state securities law in his attempt to secure investors publically over the Internet.
When searching for Elated Worldwide you will also find a few links which has nothing to say positive about Mr. Ford. Take a quick look at the comments left on the following websites:
He has left a trail of unpaid bills to employees and vendors and now is in hiding. His address has changed numerous times in the past year and on the corkin.com site he is now listing his address in Atlanta. So far he has listed two locations in California and one in New York. Quite of bit for a one-man show. His most recent sighting was on where he is soliciting a business advisor or board member for a minimum investment of $5,000.00. He also states that he has partnered with Intercontinental Commerce Corporation which, again, is false.
This guy is bad news. Period. If anyone knows of his location notify the California Division of Securities at http://www.corp.ca. Gov/about/pdf/doc29. Pdf and the SEC at http://www.sec. Gov/index.htm.
If you have invested in his scheme or you know anyone that has, please contact your local law enforcement agency and provide his contact information so he can be picked up before any more harm is done.
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