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'Tech entrepreneur took our money but failed to deliver our startup dreams'
One client of Josh Adler re-mortgaged their home, another spent life savings to pay for websites and apps.
Launched in 2019, ConvrtX claims to be a "world-leading venture studio" that has helped more than 700 aspiring entrepreneurs start companies by developing business plans, making pitch documents for potential investors, and building custom websites and apps. In company meetings, they say he "bragged" about living at the Emirates Palace Mandarin Oriental Hotel in Abu Dhabi, boasted about renting a villa in Bali, and showed off a newly purchased Porsche 911 and multiple speeding fines. Two senior ex-employees claim that when Mr Adler was informed that some apps were not working, he would subsequently tell customers - against the advice of the development team - that he could fix the problem if they paid more money, or their outstanding balance.
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