I am a Pakistani software founder who built a $100K MRR AI SaaS over three years. In May 2026, I negotiated a $200K acquisition with James De Berardine, Director of NOTO nightclub in Philadelphia.
I transferred my domain and full proprietary codebase to his AWS environment in good faith. He made six written promises to fund a $30K deposit. He paid $1,000. He retained my code for two months while demanding endless diligence. When pressed to close, he called the transaction “non-authentic,” claimed the code had “no value,” and threatened to delete it.
I have filed complaints with FBI IC3 and Pennsylvania authorities. Full documented timeline with screenshots of his own messages:
Keywords: James DeBerardine De Berardine, NOTO Philadelphia, NOTO Houston, Culloo Entertainment, Sleek AI, SleekMind.ai, SaaS acquisition fraud, bad faith buyer, WSFS Bank escrow, Pakistani founder, Muhammad Mujtaba Khan, Clickable Corporation, PSEB certified, tech acquisition scam, nightclub owner fraud, Philadelphia business fraud, cross-border transaction failure.
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