Showing posts with label fraud. Show all posts
Showing posts with label fraud. Show all posts

Monday, August 8, 2016

Saving the world, one lawsuit at a time: a new disaster for Rossi's E-Cat




I keep saying that I am not interested in the E-Cat story anymore but, in reality, I am still fascinated by this illustration of the depths that the human credulity can reach. So, I thought I could chronicle here the most recent developments of the plot, just for the fun of it. (Image from blurbrain) 


The E-cat saga continues! The energy-producing device that should have saved the world seems to be set to do that one lawsuit at a time. The latest chapter of the saga involves the "Industrial Heat" company that, apparently, provided serious money for the intellectual rights on Rossi's device. As in previous cases, however, the story ended in a bitter quarrel when the company discovered that the device couldn't generate the excess energy it claimed to be able to generate. Below, two excerpts from the Industrial Heat' answer to Rossi's complaints. More details are provided by Steven Krivit.  (also here)

But, of course, it is all a conspiracy of the PTB!

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http://www.e-catworld.com/2016/08/06/industrial-heat-responds-to-rossis-complaints/
https://drive.google.com/drive/folders/0B5ZV0oKQafY4bHhOZHlBZFZ4MG8
(highlights by UB)


7.Beyond the fact that Guaranteed Performance could not be achieved in the required time period, Leonardo and Rossi knew that the Plant could not produce a COP of 10.0 or greater (or even a COP or 4.0 or greater) for 350 out of 400 days. As a result, Leonardo and Rossi manipulated the testing process by, among other things, 1) insisting that the Plant be relocated to Miami, far away from Industrial Heat’s offices, to provide steam to a purported manufacturing “customer” that did not actually exist; 2) manipulating, along with Fabiani, the operation of the Plant and the reports of the Plant’s purported operations, to make it appear that the Plant was producing a COP far greater than 10.0; and 3) enlisting Penon to produce a false report stating that Guaranteed Performance was achieved.

31. Defendants lack sufficient knowledge or information to admit or deny the allegations concerning the number of years Rossi has purportedly spent working, or the nature of the work Rossi has purportedly performed, on the E-Cat. Defendants deny that the E-Cat produces energy substantially in excess of the amount of energy input into the reaction at a cost substantially below that of more traditional energy sources; see Ex. 1.1 technology Plaintiffs directly provided them, Industrial Heat and IPH have been unable to produce any measurable excess energy. Defendants deny that the E-Cat produces energy substantially in excess of the amount of energy input into the reaction at a cost substantially below that of more traditional energy sources; see Ex. 1.1


Thursday, April 7, 2016

E-Cat: the saga continues.


Maybe this device produces energy, too?


Of course, you all know that if I am criticizing Rossi's E-Cat it is because I am part of the great conspiracy to keep hidden the fact that oil is infinite and ever recreated in the depths of the earth. I am a gatekeeper; no, really........ (UB)

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Convicted Fraudster Rossi Accuses Licensee Industrial Heat of Fraud
by Steven Krivit, April 6, 2016

Andrea Rossi, a convicted white-collar criminal with a string of failed energy ventures, is suing Thomas Darden, JT Vaughn, and their affiliated companies Cherokee Investment Partners LLC, Industrial Heat LLC, and IPH International B.V. for fraud. Rossi is accusing them of stealing his intellectual property, which, judging by all public facts known to New Energy Times, does not exist.
According to the complaint, Industrial Heat had paid Rossi $11 million for a license to what he calls his Energy Catalyzer, or E-Cat, an assembly of copper pipes that he says can produce 1 megawatt of commercially useful excess heat from low-energy nuclear reactions (LENRs). Attorney John Annesser, with the Silver Law Group in Islamorada, Florida, is representing Rossi. Annesser has been licensed for four years. Before that, he worked as a general contractor.
According to the license agreement, Industrial Heat was supposed to pay Rossi another $89 million after the successful completion of a one-year operating test in February 2016. Some of the accusations in the complaint, filed in U.S. District Court for the Southern District of Florida, appear suspicious.
Rossi says that “Industrial Heat and/or IPH engaged and paid two of their representatives, Mr. Barry West and Mr. Fulvio Fabiani, to monitor, maintain, take part in, and report on the operation of the E-Cat unit being tested.”
New Energy Times does not know who West is, but Fabiani, whose expertise is in electronics and computer science, was Rossi’s right-hand man, according to journalist Mats Lewan, who writes for the Swedish technology newsweekly Ny Teknik. If Rossi’s claim is true, Industrial Heat paid Rossi’s closest technician and engineer to perform technical due diligence for Industrial Heat.
According to Rossi’s lawsuit, on or about March 29, 2016, Fabio Penon, whom Rossi called an expert responsible for validation of the test, “published his final report regarding the operation of the E-Cat.” As of today, New Energy Times is not aware of any evidence that such a report was ever published publicly. According to Rossi’s blog, Penon was paid half of his compensation by Industrial Heat and half by Rossi’s Leonardo Corp.
Penon has worked for Rossi and written at least one report about Rossi’s E-Cat since 2012. He identifies himself as “M.Eng. (Nuclear Engineering Specialist).”
Despite Rossi’s assertions in his lawsuit, no published evidence has ever described any truly independent testing of his E-Cat. Neither is there any evidence of any “major independent third-party certification institute,” as Lewan claimed.



Who

Ugo Bardi is a member of the Club of Rome, faculty member of the University of Florence, and the author of "Extracted" (Chelsea Green 2014), "The Seneca Effect" (Springer 2017), and Before the Collapse (Springer 2019)