Asmongold TV - The Completionist is 100% F*cked Now..
The Completionist, Gerard, and his family ran a charity scam through the Open Hand Foundation from 2014 to 2023, collecting around a million dollars under the guise of donating to dementia research but failing to donate any funds. After being exposed by content creators, they made a partial donation of $600,000. Despite the scandal, Gerard continued his YouTube career, ignoring the controversy. The Open Hand Foundation is now under scrutiny for not filing 2023 IRS tax forms, suggesting a possible IRS audit. Additionally, Gerard's company, That One Video Entertainment LLC, lost a lawsuit against a GTA online roleplay server, potentially owing $233,000 in attorney fees. This lawsuit was deemed frivolous, further tarnishing Gerard's reputation.
Key Points:
- The Completionist's charity, Open Hand Foundation, collected donations but failed to donate to intended causes.
- After exposure, they donated $600,000 but still face scrutiny for unfiled tax forms, indicating possible IRS investigation.
- Gerard's company lost a lawsuit against a GTA roleplay server, possibly owing $233,000 in legal fees.
- Despite scandals, Gerard continued producing content, though his public image and business suffered.
- The situation highlights issues of accountability and transparency in charitable organizations.
Details:
1. 🎭 The Charity Scam Exposed
1.1. Financial Misconduct by the Open Hand Foundation
1.2. Exposure and Outcomes of the Charity Scam
2. 💔 Fallout and Attempts at Damage Control
2.1. Impact on Public Image and Trust
2.2. Family's Response and Perception
2.3. Ethical Concerns and Accountability
2.4. Damage Control Strategies and Effectiveness
3. ⚖️ Legal Woes and IRS Scrutiny
- The Completionist's production company, That One Video Entertainment LLC, is embroiled in a significant legal battle with Noxel, the largest GTA online roleplay server, over accusations of extortion.
- The company lost the lawsuit in October, which could result in liabilities amounting to hundreds of thousands of dollars in attorney's fees.
- Additionally, the Open Hand Foundation, linked to The Completionist's family, is reportedly under IRS investigation, though specifics about the investigation's scope and potential outcomes remain unclear.
4. 🔄 Redemption Efforts and Content Continuation
4.1. Introduction and Sponsorship
4.2. Current Events and Rewards
4.3. Rebuilding Trust
5. 🕵️♂️ Financial Anomalies and IRS Delays
- In January, Gerard returned to YouTube following a charity scam exposure, aiming to rebuild trust with his audience, despite the significant reputational damage.
- Videos posted since his return garnered substantial engagement, achieving views of 73k, 90k, and 209k, indicating a strong viewer interest despite controversies.
- The quality of content has suffered due to a reduction in staff, as many employees either resigned or were dismissed, impacting production capabilities.
- Since August, where Gerard posted a video on alien isolation, there has been a notable absence, raising questions about ongoing content strategies.
- The Open Hand Foundation, associated with Gerard, is expected to file 2023 IRS tax forms, which may reveal financial details post-scandal, emphasizing the need for transparency and accountability.
6. 🔍 Investigations and Filing Discrepancies
- The Open Hand Foundation has not filed their 2023 IRS tax form, marking the first year they have missed the deadline, which is notable given their history of timely submissions.
- Their reporting status is marked as incomplete by the Office of the Attorney General, necessitating the IRS form submission.
- This delay occurs during a period when transparency is crucial, possibly indicating either incomplete 2023 accounting or an IRS audit.
- The increase in reports against the charity following a scandal suggests a higher likelihood of an IRS audit, which could explain the delay.
- While individual tax returns can be extended using form 4868 until October, the applicability of similar extensions for the foundation remains unclear.
7. 💰 Financial Irregularities Uncovered
7.1. Revenue Growth and Discrepancies
7.2. Consistent Patterns and Recent Improvements
8. 🧊 Asset Mismanagement and Family Dynamics
- The Open Hand Foundation displayed significant profitability, even during a downturn for Indy land, suggesting possible mismanagement or exploitation of charitable resources.
- Despite having $200,000 prior to their 2024 charity golf event, the funds were not actively used for charitable purposes, raising questions about financial governance.
- Gerard's family, particularly his brother and father, maintained their charity golf tournament even amidst controversy, showing a disregard for public perception.
- The removal of Indy land from charity events, leaving only the golf tournament, points to a potential strategic shift or change in management focus.
- In response to public backlash, the Foundation made a substantial donation of $600,000, yet retained $200,000, highlighting potential issues of fund mismanagement or hoarding.
- There are suspicions, albeit unproven, that Gerard's family may have siphoned off hundreds of thousands of dollars over years, indicating deeper issues of trust and governance within the Foundation.
9. 📉 Content Challenges and Audience Reaction
- Gerard's charity is under scrutiny for lack of IRS filings, with unclear financial practices despite expenses averaging $10,000 to $15,000 annually and holding $200,000 in the bank.
- Gerard's company, That One Video Entertainment (Tove), lost a significant lawsuit, impacting all business activities including YouTube channels and charity events.
- A major lawsuit confusion involved Tove suing a popular GTA online role-playing server, leading to misinformation about the involved parties.
- The lack of IRS filings for Gerard's charity raises questions about transparency and compliance, potentially affecting donor trust and future fundraising efforts.
- The lawsuit loss for Tove resulted in financial strain, leading to potential layoffs and a need for strategic restructuring to maintain content production and audience engagement.
- Clarifying the lawsuit against the GTA server is crucial to correcting public misinformation and mitigating reputational damage.
10. 🚨 The Frivolous GTA Lawsuit
- The lawsuit involved a claim that Tove should own half of Noxel because an employee developed code for Noxel's servers while employed by Tove. This highlights a common misunderstanding of intellectual property rights in employment, where typically, the employer owns the work produced by an employee during their employment.
- Ownership of mods developed for games is generally retained by the mod developer, provided their code does not incorporate the original game's proprietary code. This case underscores the importance of understanding the distinction between original work and derivative work in the context of intellectual property.
- The lawsuit was deemed frivolous, similar to other baseless legal actions, suggesting it may have been an attempt at extortion rather than a legitimate claim. This raises awareness about the necessity for clarity in employment contracts regarding intellectual property rights to prevent such claims.
11. 💼 Legal Defeat and Financial Fallout
11.1. Legal Defeat
11.2. Financial Implications
12. 🤔 Public Perception and Creator Resilience
- Despite facing public backlash, the creator's videos consistently achieve significant views, with some reaching up to 200k views, even though their subscriber base is 1.4 million.
- During controversies, the creator's subscriber count dropped by 10k, yet video views remained stable, showing resilience.
- Continuous content creation is emphasized by the creator as crucial for overcoming negative public perception, highlighting perseverance.
- Social media metrics, such as likes and views, are key to maintaining relevance, even if some interactions are negative.
- The creator has experienced multiple controversies, but believes these do not have a long-term impact if content production continues.