David Hampton and Irvin Philpot

I want you to understand the scope of the Hampton/Philpot scam and fraud!

I am going to step you through the highlights of the past two years to explain the fraud. This is only a summary! David has many feeding him potential scams, mine was through an ad that I placed in the Wall Street Journal, but there were several others doing this. The Hampton scam is the same each time and he gets as much money as possible! He is a fraud to the tenth degree! He will and never does tell the truth to anyone!

The scam starts with Philpot answering an ad in the Wall Street Journal. This is about Irvin Philpot (died November 3, 2011 and is just for background information for now). He represents himself as a billionaire and angel investor. Also that he bought and sold actual oil in 1,000,000 barrel amounts around the world through his oil company Global Energy, LLC, was part owner of the largest road and bridge construction company in the Southeast, had a financial interest in a windmill company, a financial interest in several Mercedes dealerships, had several large office buildings and said he had financial interests in several angel projects. It took a long time to get the facts on him, but the truth is that he is NOT a billionaire or angel investor, the only oil he has bought is what was put in his car to change oil, he has NO oil company anywhere in the world (Global Energy, LLC is real, but he DOES NOT have any part of it), he has NO financial interest in the construction company, or the windmill company, or the Mercedes dealerships, DOES NOT own ANY office buildings and DOES NOT have any financial interest in ANY angel project. He was in prison for a couple of years, was convicted of a fake Rolodex scam, had a Mercedes repossessed, many tax issues and several other things, but I think you get the picture and is NOT how a billionaire would act! Hampton was his guy to put the deal together and fund it. What a joke! All was a lie and a scam to obtain advance fees!

Hampton’s normal procedure was to obtain $25,000 as a facilitating upfront fee. He never did anything but party hard once he collected the upfront fee! He never did anything to see that the transaction was funded or any investigating of the project, but he lied and lied and lied! He NEVER has caused the funding to anyone and still does NOT do anything today to see a transaction is funded! There is written record of 32 transactions and most should have been funded, but NOT ONE signal transaction ever received ONE DIME! This is just one big advance fee fraud!

He used Elite Dome from Dubai to commit to many deals after considerable pressure was put on him to produce a contract. Of course, I do not think Elite Dome had any idea of what he was doing! After 8 months of one delay or excuse after another, it was on to something else! I found out recently that Elite Dome came to Irvin and Dave for funding. Every potential funder really came for funding and went along with distributing Irv’s money. The problem is that Irv “does not have a pot to piss in or a window to through it out”!

It was now the delay of the banks and Federal Government! The CIR program was to fix this! This program does not exist, but it got him several months of time.

There were many that were victims because of his lies. All came to Dave and Irvin for funding and Dave got them become the funder for Irvin’s money, in exchange for the handling of Philpot’s millions. The problem was that Philpot was not a Billionaire and is nothing more than a con artist and liar! Dave has done the same thing many times before and is just the same scam with a different guy, who had no idea that this was a fraud!

The biggest fraud funding was from Post Bank in Japan. I personally talked with several bank officials and after 8 months, Hampton had Naoya in Japan sent a fake wire transfer fax for an initial funding. The bottom line is that this was a total fraud as Naoya has admitted that he never had any intent of wiring any money, but did the fax on Hampton’s request! He was a victim too and was looking for funding just like all others. Post Bank was lied to just like everyone else!

Now it is back to Elite Dome and this was to be completed by the middle of January 2011! Nothing ever happen and they have never committed to anything, but Dave is using them as the funding source. Their manager, will not even replay to any emails after I asked him, “Are you coming expecting funding or are you going to provide funding?”, so I am very sure that he has no idea of what Dave has done in the past or what Hampton is currently doing!

The bottom line is that Hampton and Philpot are TOTAL FRAUDS! Again, all of the people that Hampton and Philpot pulled their scam on are good and honest people and it numbers over 40 with advance fees collected of over 3 million dollars!

I am providing this so you can see actual deals and the scope of the scam!

PHILPOT IS DEAD BUT AVOID HAMPTON!

Dale Engel, PhD