|  A
warrant has been issued for Dave Srail's arrest by the Austin, TX police
Department. Anyone with information as to Dave's whereabouts should
contact
or call him at 512-974-5000.
March 2008 update: DO NOT ATTEMPT TO CONFRONT DAVE SRAIL YOURSELF - DAVE MAY BE ARMED AND DANGEROUS. He was last seen in Seattle, Washington, where he allegedly pulled a knife on his roommates after they read this site and tried to confront him. Felony charges are pending.
Before
you do business with this man, or hire him to work for your company,
you should definitely invest a bit of time reading what we have
placed here on this site. If you are still willing to do
business with this man after reading our site, then I have a bridge
I'd like to sell you.
Don't
get me wrong. Plenty of very cautious and investment savvy
people have fallen prey to his con game. That does not make
them bad people ... it makes Dave Srail a very good con artist,
a crook, and an unscrupulous bastard who took people's hard-earned
money and gambled it all away.
As
of July, 2007, our best estimate is that he has absconded with
LOTS of other people's hard-earned cash: In Ohio, over $100,000.
In Florida, over $200,000 and in the Austin/San Antonio area an
unknown amount. If you have been a victim of Dave Srail's con,
or if you know where he is today, please contact Detective Bailey
at the number listed above.
In
south Florida in 2005, he did it under the ruse
of buying antiques and antique stamps at auction and then selling
them for a substantial profit. He promised great profits in a
very short time. He went to elaborate lengths to create
seemingly legitimate business transactions, when in reality, he
was at the race track every weekend. Prior to this, back in 1998,
he admits to having scammed his own parents and others in the
Cleveland, Ohio area.
In
the San Antonio/Austin area in 2007 he conned
people into investing in a warehouse scam. Again, he was really
at his favorite place: The racetrack. These are only two of the
scams he uses to trick people into "loaning" him thousands
of dollars in hopes of a high return on their "investment".
In mid-2007 he skipped town overnight - just up and disappeared
with thousands of dollars given to him in good faith by hard working
people who thought he was their friend.
If
you have additional information on con games this man has played
on people, please
to either be included here, or to help with the investigation.
You may request your name or any other personally identifying
information to be deleted from what we post here and your
request will be respected. You may also contact the police
and remain anonymous, but please contact either the police or
us! We need to stop this guy!
The
pages entitled, "I.H.O.W.-1 through I.H.O.W.-4"
(In His Own Words) are pictures of his handwritten
statement, in a letter to a friend, of how he scams people,
his (sorry) excuses, and various explanations as to why he screwed
the people he supposedly cared about. This is just an example
of how he screwed NUMEROUS people in
the south Florida area.
It
appears he may be planning to use a similar scam in the future,
but the likelihood of his conscience biting him on the butt is
not very great. This is a man who openly admits to having
no scruples.
Remember
the old addage: If it sounds too good to be
true, it probably is.
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