‘Shark Tank’ Star Speaks Amid Fraud Allegations, Lawsuits

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Shark Tank’s Kevin O’Leary, aka Mr. Wonderful, has spoken out about the fraud allegations against him as well as a lawsuit. He claims someone stole his identity in an attempt to defraud hundreds of entrepreneurs with money using two crowdfunding firms, InventureX and Ideazon, as their empty front. O’Leary has denied all the allegations, calling the case a “brazen scam.” “It appears that someone used my name and image without my knowledge, without my permission or without my consent. I have never heard of any of these alleged companies and have never done business with any of them. of the complainants who filed this complaint, “he said. in a report.

He continued, adding that he was also reviewing the situation. “Obviously I also want to get to the bottom of this, because my rights have been violated. We will make sure that the bad actors are held accountable.” O’Leary, along with his Shark Tank co-star Kevin Harrington, have been named in a lawsuit that claims dozens of business owners were tricked into lining the pockets of the two TV stars under false pretenses . Lawyers representing the victim group do not believe his allegations of identity theft. Lovell’s attorney Tre Lovell released a statement to RadarOnline saying, “Mr. O’Leary’s statements come directly from videos where he discusses both InventureX and Ideazon, and specifically endorses the directors of each company, by name. The transcripts of each video are in the complaint. “

According to the lawsuit, victims complain that they sent money to support these businesses after being approved by Shark Tank vets, but they “turned out to be nothing less than facades designed to attract people. unsuspecting victims, extract their money and then virtually disappear under the guise of delays, little or no performance, and no results. ” Victims say they “were drawn to the involvement, endorsement and credibility of Shark Tank stars Kevin Harrington and Kevin O’Leary”, and “bought the dream, paid their money, then walked through months, if not years, of agony the frustration and distress of trying to launch their products and start businesses to no avail. ” “In the end, once the scam came to light, these victims spent more excruciating frustration trying to get their money back to receive even more lies and deception,” the lawsuit reads.

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