Jeff Foley is going to jail...
Read the filing beginning to end. Jeff Foley was attempting to remove himself and resign his Chairman and board position. Even that dipshit saw the writing on the wall and knew this scam would be coming down on his head.
David then forced his brother to admit, under oath - that Dr. Gulas had nothing whatsoever to do with NTEK at any time. There was never any sort of joint venture with SWIG, SWIG was never paid a dime for hosting or streaming services they performed and Dr. Gulas was at no time in control of NTEK - and thus - not a party to any pending litigation.. Jeff is now the fall guy. A couple years in prison for certain.
The convicted Felon tossed his own brother into the fire. And now that brother is a wanted man.
Convicted Federal Felon David Foley will toss anyone to the wolves to save his own skin after ripping off investors to the tune of billions and shares and tens of millions of dollars.
I'm not saying Dr. Gulas was completely incoherent in terms of that scam NTEK was attempting to pull off here. I'm simply saying that he was at least coherent enough to realize that the whole NTEK scam was going to lead to criminal indictments, and he's done everything possible to make it appear that he had no substantial dealings with NTEK.
David Foley even tried to use Dr. Gulas and his stature to open bank accounts and shift money around without giving Gulas access to that same accounts he was asked to sign for.
Very telling that even when Dr. Gulas was presented with legal documents and Foley promised to pay for legal representation, Foley reneged on that deal as well, forcing Gulas to pay for his own attorney to represent him before the Florida courts.
