i invested just over $15,000 intially with world energy research,did my due dilligence and everything seemed to check out,it was not high pressure sales and never felt pressured to do it but have not heard from them in four months. Tony Szymczak was the name of represantative....does anyone know if its definetley a scam ??

I also invested just over $15, 000 intially with world energy research, did my due dilligence and everything seemed to check out, it was not high pressure sales and never felt pressured to do iteither. He said he the company was working with in partnership on a European project with Blue Energy, a Canadian company. I called the company and said they were in partnership with WER. WER is on Frankfurt stock market. Tony Szymczak told me that I could get a refund "As far as the refund policy, what I mentioned on the phone is it is something we have always done for all our investors in the past, but it is not something that we put in writing. We have had several investors that needed their funds back for personal reasons in the past and it has never been an issue for us." Mike Kitto on the other hand said this when I asked for a refund " In terms of any ongoing refund request, please note that there is no contractual right for investors to require that World Energy refund their placement (on short notice or otherwise). Notwithstanding the strict contractual position, World Energy has historically maintained a policy of facilitating partner refunds by sourcing a substitute investor to whom the relevant position may be assigned for value. Due to the proposed partner proposal referred to below, World Energy management has taken the decision (across the board) not to engage in any further private placement investment activity (including the assignment of existing positions) at this present time."

That is a dishonest way to get people to invest

I also invested in WER in October 2009 and in the first week of April 2010. Sam Barouki, Jorge Vizcarra, Blake Robert and Gabriel Conde were involved misleading World Energy as a Government Organisation similar as World Health etc and based in New Zealand engaged in renewable energy projects all over the world committing interest / dividend in 6 months to 1 year time. There was a website giving updates about the Guatemala 6 Hydro projects and log-in information. All information disappeared. The initial investment was for a Blue Energy Tidal Wave UK Project which was never on discussion. Suddenly I realized that neither there is any progress report by any third party nor there has been any payment for the interest / dividend. There was a WEHR website reporting about the UK office. With some investigation / Spam reading on websites, I realised that about 15 companies have been registered in New Zealand since 2009 initially Chad Willis as Director and later in the last week of April 2010 in the name of Conde as Director with issued share capital of US$9400000 in the name of Conde International, a Guatemala based Conde's own company. All these above mentioned persons are Guatemala based with all the proposed hydro projects (freud) in Guatemala, my understanding is that all investors money has been moved to Conde International. There are no identity records available like nationality / address nor any background history of any experience in the energy projects. Conde is believed to be the same person as Chad Willis, a criminal and wanted for crimes in US and Jorge Vizcarra is George Dizcarra . If these persons are Guatemala based, why these persons were allowed to operate in New Zealand / UK cheating investors? The bank details and assets information (including salary / commission paid) of all World Energy related companies / persons should be published, frozen and investors money should be refunded with all damages. All WER associated persons need to be prosecuted and face justice.

please check www.worldenergyresearchscam.com for more info on WEHR

I act for an investor (a close friend) in relation to his investment with the companies in question, which commenced in mid 2009 for an amount in excess of AUS$300,000. This notice serves to inform all parties with a vested interest in the above-mentioned companies to contact the writer either directly or via this blog-site as a matter of urgency in relation to the security of their investment and our mutual interest. As you would be aware, WER directors and representatives have been marketing substantial investment opportunities in numerous projects around the world, including but not limited to; oil & gas and renewable energy in the form of tidal and hydro power-generation amongst others. You may also be aware of the claims made by WER regarding these projects and more specifically, the essential project information including completion dates and projected income has failed to materialise to date. Notwithstanding past and current information and assurances provided to its investors/partners that all is on
track and proceeding accordingly. Following numerous failed attempts by my friend to obtain relevant and accurate information in relation to the projects in question and the security of his investment, I was called upon several weeks ago to render assistance in that regard. This course of action was triggered by the fact that every substantive promise made to him never eventuated and also when he pressed them for information, he became acutely aware of the inconsistencies and contradictions. Upon commencing the due-diligence process, my investigations immediately revealed many very dubious and concerning issues with the company and its directors code of conduct as well as the validity of the actual investment projects. This was before much of the information we currently have was
revealed. The first and most obvious cause for concern, is the trail of evidence based on my friend's direct experience in relation to the information he received prior and subsequent to proceeding with the investment. However, any attempts to obtain essential information that should have been provided at
the start and at the very least be readily available, was either absent or simply did not exist. This fact further highlighted the company's inconsistencies with the information it provided initially, in addition to
the fact that very little of what has been stated and directly promised actually materialised. Whilst under normal circumstances reasonable delays and some hiccups along the way are not unusual and of themselves not a major cause for concern. However, when the fundamental and crucial information upon which informed investment decision is based turns out to be either inaccurate or completely false, is adequate reason for concern. To say nothing of intentionally and knowingly providing false and misleading information for what appears to be nefarious reasons. Moreover, when crucial information is withheld, such as informing investors of projects they invested in have been inexplicable cancelled or as in some instances have been shelved for years or indefinitely and yet the information provided firsthand had to be extracted in bits from various WER representatives, which enable the more informed and direct questions to be asked. My friend commenced requesting information and explanations from WER directors dating back to last February. As a result of these inquiries, he was contacted by Mr. Kitto (WER's General Council) who confirmed on March 3rd, that he would respond in detail to his queries and provide the outstanding documentation (I.e. Share certificate etc) and project related information. This was yet another empty promise. I have since written a detailed letter to Mr. Kitto outlining all of the issues of contention and again requesting outstanding documents and specific project information. Notwithstanding Mr. Kitto's promise a month prior to provide the requested information within a matter of 24-hours or so, I was advised that he required 10-business days to respond. A request was sent yet again, asking him to provide the outstanding share certificate together with other relevant and readily available information, which would at the very least alleviate concerns and validate the authenticity of the company and its projects. This was met with a hostile and nonsensical response with the apparent intention to further delay or avoid providing any information. The investigation has since been escalated, notwithstanding the absence of pertinent and absolutely crucial information that should have been provided to begin with and updated constantly on WER website and the partners platform, as was promised throughout their dealings and clearly stated on their website via their correspondences and Media-Releases amongst others. It speaks volumes about their promised transparency and good business practice. Evidenced from direct and current experience from an investor/partner of WER and a shareholder in WEHR and the factors revealed since the commencement of this investigation, we have discovered many extremely alarming issues in relation to the companies in question and the directors past and present
(namely; Mr. Jorge Vizcarra and Mr. Gabriel Conde) but most significantly, the uncertainty of security of the invested funds. Whilst our in-depth investigation has just begun, we have already discovered even more issues of very serious concern. So much so, that my friend is fearful that his money is gone or more aptly stated; stolen, which ever your prefer. WER has been offered every opportunity to provide something of substance to alleviate our well founded concerns but to no avail. Not even slightest gesture of good faith has been offered. Before I conclude, I wish highlight the fact that there is little or no independent third party information about this company and the named directors, nor is there any evidence of either past or current successes or indeed any public information. For that reason, we have commenced with contacting third parties and anyone with whom they have stated or inferred to have done business with or is associated in any reasonable manner. Thus far, the results have been both revealing and concerning. I will conclude on that note for now and advise anyone with a vested interest to contribute to our bank of information for benefit of all concerned. In the meantime, our comprehensive investigation will continue to delve as deeply as necessary and details of our action plan, including the address of the website currently under construction to serve as a platform for information exchange and progress updates to all with a mutual interest. Regards

WORLD ENERGY HOLDINGS SCAM ALERT ¡!!!
To all the investors of this company.
We are currently following a criminal investigation against WEHR, and we have found the following:
? World energy holdings and research is nothing more than a boiler room scam.
? There are no hydroelectric projects being built in Guatemala by this entity
? Michael Gabriel Conde cane is in fact Chad Eugene Willis, a wanted felon from the united states
? There is a current criminal case investigation by the Guatemalan government against them
? This company is not being threatened, extorted in any way shape or form . their bogus criminal complaint was just to intimidate the investors that were requesting their funds back.
? All the leaders of this scam come from the Seisma Oil Research Scam currently being prosecuted by SEC in the united states http://www.sec.gov/litigation/litreleases/2010/lr21562.htm
? THERE IS SOMETHING YOU CAN DO ABOUT IT, join the CORE GROUP of investors and add your complaint to the Guatemalan District Attorney´s Office.
? Visit http://worldenergyresearchscam.com

We are here to help, contact us.


Oscar José Hernández
Senior Investigator
Central American Investigations And Security Consultancy Group
English : http://centralamericaninvestigations.webs.com/
Spanish : http://centralamericaninvestigations.weebly.com/
Contact us : centralamericaninvestigations@yahoo.com
Skype : centralamericaninvestigations
EL SALVADOR MOBIL 503 7043 7319 OFFICE 503 2355 0271
LONDON 0703 183 6615
GUATEMALA 502 4123 5223
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*** RESPECT – LOYALTY – HONOR ***

I can't find any contact details for the Guatemalan District Attorney's office. Can you help please?

I invested some money with them which was supposed to be for the building of a hydro electric power station in guatamala. I never received any paper work as confirmation and, when I contacted them about getting my money back I received an email telling me that I had missed out on being included in the portfolio and that I therefore was able to get my money back. I printed off a Funds Reimbursement form, signed and dated it on the 12th April 2011 and faxed it back to them. Now all I get is that the paperwork has been handed over to the office for reimbursement but nothing ever comes through, there is always an excuse for why it hasn't been paid. I am still waiting!

I emailed World Energy Holdings & Research plc after having made an investment and am supposedly owning 1/32th and am called a 'partner' but had had no paperword through. I have finallly had this, and it looks authentic, but whether it is worth anything is another question. Bluemeady