You May Want to Think Twice
Before You Send
Your Hard Earned Money
to
DAVID FLAKE
This is David Flake
My daughter Paid $65k to this individual and got nothing but excuses.
The purpose of this website is to gather info from other victims, where they can tell their story. David Flake’s current business, the “Tiny House Company”, is the business that took money from my daughter, and never produced a home. In this website, I am putting screenshots of the various reviews he’s getting for that business and the court document his own business partner filled where she calls him a fraud.
I also include various court docs, desist orders and complaints from the S.E.C which detail how he lied, falsified bank account statements, and created counterfeit business agreements. All documents and sources on this website are all publicly available. A lot of people have taken David Flake to court however has never paid, not once a dime.
Are you a victim of David Flake?
Tiny House Company (CURRENT "BUSINESS")
This is David Flake’s current business, it started on 7/20/2023 and already has 2 bad reviews on the Better Business Bureau and IS NOT BBB ACCREDITED, and 4 bad reviews on Yelp.
Even more shocking is what his business former partner wrote in the current court document. She stated, around October 10, 2023. His former business partner Deanna Ohly discovered that Flake was stealing money from the company and had made $267,000 in transfers to his personal bank account, also paying his personal account by Zelle from the business account, so she confronted him and told him to put the money back (over text message) and stated that what he doing was a breach of fiduciary duty and illegal.
In fact, his former business partner Deanna Ohly believes that Flake planned to defraud and embezzle money from Deanna Ohly and Tiny Homes from the first day they met.
Have you done business with David Flake and The Tiny House Company in San Diego? If so, tell your story here.
Coral Reef Media
Here’s what David Flake wrote about Coral Reef Media, LLC.
This is what David wrote about himself while promoting Coral Reef Media, LLC. After a successful career in three different industries, David has taken the media industry by storm. With his first novel, Tight Genes now approaching the best seller list, he has proven his talent in the media industry.
01/2010 Founder, Coral Reef Media
12/2008 Author, Tight Genes, Novel
3/2004-12/2008 CEO- Cascade Software
2/2001-1/2004 Pres- American Bankers
3/2000 – 2/2001 – Sr. VP, Cyberkart Internet Marketing
Coral Reef Media is a complete film production company. We own the intellectual property rights on over 20 major projects.
Here’s the truth!
From approximately May 2012 through approximately April 2013, Flake and Coral Reef relied on material misrepresentations and fabricated documents to offer and sell shares of Coral Reef stock to members of the public. Respondents also coordinated a network of paid sales representatives to offer and sell those shares for commissions. Respondents raised a total of $26,000 in the Coral Reef offering from investors in California and New Mexico. The shares offered and sold of Coral Reef were securities.
In connection with the offering of Coral Reef securities, Flake personally prepared offering materials that he and his sales representatives provided to investors by mail and electronic mail. The offering materials, which Flake also made available to potential investors on Coral Reef’s publicly available website, represented that Coral Reef was a successful company that produced television shows about “green companies and products,” that Coral Reef had licensed those shows to cable television companies, and that Coral Reef had commitments from cable television companies to license Coral Reef’s shows in the future. In fact, Coral Reef never produced or licensed any television shows and had no commitments from cable companies to license television shows.
Flake knew that the descriptions of Coral Reef provided to investors were materially false and misleading because he personally prepared Coral Reef’s offering materials and personally fabricated the purported commitment letters from cable companies. As Coral Reef’s founder, sole officer, and sole manager, he knew that Coral Reef was not a successful production business, that Coral Reef never produced or licensed television shows, and that Coral Reef did not have commitments from cable companies to license shows.
Flake used a portion of the funds raised from investors to pay commissions to at least one of Coral Reef’s sales representatives. He also used a portion of the funds raised from investors to pay for his own personal expenses.
What happened?
The investors took Flake to court, and they all won their judgement. See GEORGIOU VS FLAKE and WYATT VS FLAKE as an example and Flake never paid a dime!
The Undetectables Movie
This is a fraudulent business which was started on December 1, 2016 by David Flake, 1220 Rosecrans St Ste 920 San Diego, CA 92106
In connection with Undetectables, Flake prepared promotional offerings, either personally, or by directing his representatives to do so, that were provided to investors. The promotional materials represented that Undetectable was a successful movie production, with a projected release date during the summer of 2017. The materials included a detailed movie synopsis, shooting location and budget, and interested famous actors claimed to be “now reading script.” The materials also stated that the movie was part of a “The Five Blockbuster” series with the first movie in the series set for release in 2017 with annual releases to follow through 2021. In the materials, Flake claimed that the movie had a budget of thirty-five to seventy million dollars ($35 – $70 million), and that it would have a worldwide release. Through the promotional materials and communications with investors, Flake also claimed that Undetectable had a “partnership agreement” with the production company Stargate Studios.
Flake provided investors with a “Membership Stock and Purchase Agreement” (the “Agreement”) in which he sold stock, or “Membership Shares,” in Undetectable to investors. The Agreement states that it “entitles [the] holder to a proportionate profit share in licensing, video games, and Video on Demand revenue.” Flake raised at least fifty-one thousand two hundred dollars ($51,200.00) from at least nine (9) investors. Flake gave those investors certificates representing the shares purchased, which stated that the shares represented by the certificate were not registered shares.
Flake controlled and operated the Chase bank account, in which he either deposited the funds received from investors, or in which he directed the investors to make wires directly. Flake misappropriated investors’ money by purchasing artwork and services outside the scope of the Agreement.
In connection with the offering of Undetectable securities, Flake fabricated a “partnership agreement” with Stargate Studios. He used the agreement to entice investors and to legitimize the production. In email communications between Flake and investors, Flake made material misrepresentations about Undetectable. Flake provided investors with a counterfeit agreement with Stargate Studios alleging Stargate’s affiliation with the movie production. Flake also misrepresented and falsified bank account statements to show investors he had a balance of over two million seven hundred thousand dollars ($2. 7M) in a Chase Bank account for Undetectable, to convince the investors that the production was financially viable.
The Commissioner of Securities for the State of Georgia sated that Flake knew or should have known that the descriptions of Undetectable provided to investors were materially false and misleading, because he prepared Undetectable offering materials, he either personally or constructively fabricated the agreement with Stargate Studios, and he fabricated the bank account balance provided to investors. When confronted about his misrepresentations by one (I) investor who demanded a refund for himself and for other investors on their behalf, Flake lied about sending refund checks to seven (7) investors, totaling twenty-six thousand two hundred dollars ($26,200.00), provided photocopies of the checks he claimed to have sent, and signed letters confirming each refund. Flake never sent the checks and confirmation letters to the seven (7) investors nor did he provide any refunds.
What did Flake do with the money he took? Flake used the funds raised from investors for his own personal expenses and not for the production of Undetectable movie. Between April 2014 and May 2016, records from Undetectable’ Chase Bank account show expenses on Netflix, Amazon, trips to Sea World, purchases at Target, and frequent cash withdrawals. This bank account was formed in the name of “·The Undetectable Movie, LLC.”
Texas Securities Commissioner
Texas Securities Commissioner entered an Emergency Cease and Desist Order to stop David Edward Flake, an entertainer from California, from fraudulently raising money from Texans to produce motorcycle movies.
According to the order, Flake is soliciting Texans to invest money he will purportedly use to produce a series of short movies, referred to as vlogs, of him riding a motorcycle across the country, discovering interesting places and interviewing local residents.
Flake is allegedly telling investors he will upload the movies to YouTube, the movies will attract followers and his visibility will attract advertising revenue. He also claims to have already secured four sponsors, and the sponsorships will generate even more money.
Texas Securities to produce motorcycle movies
Not so fast. Flake is not registered to sell securities in Texas. Moreover, the order alleges Flake previously perpetrated similar entertainment schemes, lied to investors and misused their money.
According to the order, the SEC entered an order against Flake in 2015. The SEC found he was raising money for television shows, but instead used investors’ funds to pay commissions to a sales agent and to pay for personal expenses.
Securities regulators from Georgia also filed an action against Flake. They alleged Flake was raising money for movies, but never intended to produce the movies and instead used the money to pay for personal expenses.
The order directs Flake to immediately cease and desist from offering investments in the fraudulent motorcycle movie scheme in Texas. He has 30 days to challenge the accusations.