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19:23
Nancy Porsia
For this segment, we are featuring Mark Tzalka of Los Angeles in a new “Scamster of The Week” editorial.
Mark Tzalka is special sort of thief and liar in that he has a respectable background but, somewhere along the line he strayed far off from a decent and moral course.
Regardless, his actions have caused incalculable harm to many families in the Southern California area and also abroad as well. He is responsible for crushing dreams, retirement savings plans, college funds, and was the mastermind of an old school Forex scam based out of Brisbane, Australia.
He now buys and sells shell businesses to weak and trusting entrepreneurs. He specifically targets many would be investors from the new immigrant communities here in LA who are unfamiliar with the various intricacies of transferring a business in a large city.
Tzalka also skims from each financial transaction in addition to inflating the overall value of the business being sold (taxes included).
In a matter of days the purchaser is left with a dead company that exists only on paper and is virtually a non entity.
Mark Tzalka is special sort of thief and liar in that he has a respectable background but, somewhere along the line he strayed far off from a decent and moral course.
Regardless, his actions have caused incalculable harm to many families in the Southern California area and also abroad as well. He is responsible for crushing dreams, retirement savings plans, college funds, and was the mastermind of an old school Forex scam based out of Brisbane, Australia.
He now buys and sells shell businesses to weak and trusting entrepreneurs. He specifically targets many would be investors from the new immigrant communities here in LA who are unfamiliar with the various intricacies of transferring a business in a large city.
Tzalka also skims from each financial transaction in addition to inflating the overall value of the business being sold (taxes included).
In a matter of days the purchaser is left with a dead company that exists only on paper and is virtually a non entity.
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