Tyrone L. Gilliams is the founder TL Gilliams, a “trading firm” located in a suburb of Philadelphia that promises investors returns of 5% a week. But he’s also so much more than that. He’s a hip-hop promoter. He’s a (n alleged) friend of P. Diddy. He’s an aspiring reality TV star who hired a team of videographers to follow him around. He’s a philanthropist- to the world. If you’d heard of Gilliams years earlier and liked what you saw, you could’ve become an investor as a way to get close to all that. Unfortunately, TLG may not be actively investing for much longer, as at least one client- David Parlin- has accused him of misappropriating funds for “trips to the Bahamas, outings to Miami nightclubs, shopping sprees at Saks Fifth Avenue and a Cherry Hill, NJ Mercedes Benz dealership” and of running a Ponzi scheme, filing suit against Gilliams on April 13. As recently as February, TLG had registered the “Black Fox Fund” (a planned “$20 million stock-focused fund”) and while it’s likely the vehicle will have to be put on hold, at least for the time being, take a gander at this phenomenal video Ty-Gill shot to promote his firm’s “Joy to the World Fest” and if you think he’s someone with whom you’d like to entrust your money, consider getting in touch.

Joy To The World Fest 2010 TL Gilliams, LLC by The Artist Warehouse from TIM FONTAINE on Vimeo.

Matthew Goldstein: A Fame-Seeking Philly Trader’s Rap Falls Flat [Reuters]

Comments (46)

  1. Posted by Porterhouse | May 12, 2011 at 10:06 PM

    Dis is raysis

  2. Posted by Guest | May 12, 2011 at 10:06 PM

    This guy is the reason minority and/or women operated funds outperform the rest!!!

    - Guy who is examining his motives

  3. Posted by Guest | May 12, 2011 at 10:10 PM

    Needs to hook up with Lenny “Nails” Dykstra: they have the Philly connection going on.

  4. Posted by Miami, Oklahoma | May 12, 2011 at 10:16 PM
  5. Posted by Leprachaun in AL | May 12, 2011 at 10:25 PM

    I want the gold! Gimme the gold!

  6. Posted by LEEEEROY JENKINSS | May 12, 2011 at 10:25 PM

    LEEEEEEROY JENKINSSSS!

  7. Posted by Guest | May 12, 2011 at 10:31 PM

    Haters gonna hate. I can vouch for Ty. He’s one of the great ones.

    - J. Cramer

  8. Posted by Guest | May 12, 2011 at 10:34 PM

    $20M AUM is incredible…

    - Rebellion

  9. Posted by Non-Entity Hedge Fund Manager | May 12, 2011 at 10:52 PM

    Anybody know the brand of the jacket that appears at 1:45? Looks comfy. I’d like to embezzle myself in one of those.

    - Guy who conveniently believes that ‘embezzle myself’ is ebonics for ‘bury myself in’

  10. Posted by WuTang Financial | May 12, 2011 at 11:18 PM

    My god the stupidity of some investors is mind blowing.

    diversify your bonds n shit, nigga

  11. Posted by urbanity | May 12, 2011 at 11:22 PM

    Hahahahaha! I haven’t laughed that hard in a while.

  12. Posted by Charles Eugene Gasparino | May 12, 2011 at 11:33 PM

    Tyrone Williams is a friend of mine.

  13. Posted by The Information Highway | May 12, 2011 at 11:59 PM

    “You know how it is… Highway Information.. The Internet…”

  14. Posted by Rick Ross | May 13, 2011 at 12:35 AM

    Speedin on the Highway Information. Real Talk.

  15. Posted by Nyrebel2003 | May 13, 2011 at 1:03 AM

    “Not just black tie, but red carpet…Diddy gon be there!” 

  16. Posted by ETS | May 13, 2011 at 1:55 AM

    Which of the following is not like the others:

    A. Mogul
    B. Ambitious
    C. Philanthropist
    D. Self Starter

  17. Posted by Smoove Caleb | May 13, 2011 at 2:17 AM

    Ballin’ so fuckin’ far out of control it ain’t even funny, SON!!!

    -quasi-neglected white male teen from Dix Hills searching for an identity/rebelling against prescriptive suburban middle-class norms/struggling with his latent homosexuality

  18. Posted by Anonymous | May 13, 2011 at 2:48 AM

    seriously

  19. Posted by Anonymous | May 13, 2011 at 2:49 AM

    jesus christ.

  20. Posted by Goldenboy | May 13, 2011 at 3:23 AM

    I bet he is the other side of the million bucks $25 silver short bet.

  21. Posted by Goldenboy | May 13, 2011 at 3:25 AM

    “Daddy, why does IB allow black people to trade?”
    “It’s called charity my son”

  22. Posted by Bob Loblaw | May 13, 2011 at 3:54 AM

    not 100% poz on this one, but i prettay sure the scene starting at 2:30 was filmed on location in Uncle Tom’s Cabin.  and rememba’, that’s -fest, f-e-s-t……not to be confused with -phest, p-h-e-s-t.

  23. Posted by Him | May 13, 2011 at 4:41 AM

    C’mon son. It’s always gonna be some asshole loser like “Goldenboy” ready to come with some racist bullshit. TLG, please stop embarrassing us African-Americans in the financial industry.

    Oh yeah… Goldenboy. In response to your last comment: Eat a dick.

  24. Posted by Lloyd's cousin | May 13, 2011 at 4:49 AM

     ”Us African-Americans in the financial industry”
    Billy Ray, we are not bookies and it’s not an industry if nothing is actually manufactured.

  25. Posted by Trustmey | May 13, 2011 at 4:58 AM

    Note to self:  don’t take on or hand money to anyone called Tyrone.

    Or anyone who wears fedoras and/or is not the same skin colour as a regular hedge fund manager

  26. Posted by ubs ANALlyst | May 13, 2011 at 4:59 AM

    Doesn’t compute.

    -UBS analyst

  27. Posted by Dicker | May 13, 2011 at 7:03 AM

    Sitting in a chair is the new ambitious.

  28. Posted by Heath | May 13, 2011 at 10:58 AM

    @80731685abfa3cb784fa856cb0be96ce:disqus Thats right!  Madoff was so black, remember when he had that thing with Jimmy Fallon?  Hilarious.  I loved his second album, the one he made with Allan Sanford, Ben Bernanke and the rest of the gang.  

    Word up, yo.    

  29. Posted by Yamoms | May 13, 2011 at 11:03 AM

     Why do I have a feeling a white man who is afraid of minority competition is who set this ass clown up?  

    This has to be a joke or else I dont see why he has not been arrested if he is allegedly embezzling funds.  

  30. Posted by Erykah Badu | May 13, 2011 at 11:26 AM

    Now everytime I ask you for a little cash, you say no and turn right around and ask me for some ass! 

    Someone call Tyrone!

  31. Posted by Obama | May 13, 2011 at 11:57 AM

    Never trust a guy who’s a self-proclaimed mogul and has “associates.”

    -Barack Obama

  32. Posted by InfiniteGuest | May 13, 2011 at 12:47 PM

    Every time I see one of these stories I think, “Please don’t let him be a U Penn grad.”

  33. Posted by The Skipper | May 13, 2011 at 12:49 PM

     Bess, you mispelled his name, it’s Gilligan. 

  34. Posted by Jim Baker | May 13, 2011 at 12:52 PM

     Missed his calling, should have been a televangelist. 

  35. Posted by JR | May 13, 2011 at 1:22 PM

    In answer to your question: Because you are a self-loathing white douchebag. 

    Hope that helps. 

  36. Posted by Anonymous | May 13, 2011 at 1:22 PM

    Black Box Fund? 

  37. Posted by Guywhoinvested | May 13, 2011 at 1:33 PM

    Prestige….. Worldwide…wide…wide…wide 

  38. Posted by JR | May 13, 2011 at 1:50 PM

    Boats ‘n hos! 

  39. Posted by Karl Mozurkewich | May 13, 2011 at 2:08 PM

    There is NO WAY this guy can lose.

    -Sr. Risk Analyst
    AIG

  40. Posted by Andre | May 13, 2011 at 2:15 PM

    5% a week?  That’s nothing.

    - B. Madoff

  41. Posted by Fred Wilpon | May 13, 2011 at 3:34 PM

     5% a week!  whoa, where can I borrow some more money to lever up with this guy?

    -Fred Wilpon

  42. Posted by just missing it today | May 13, 2011 at 4:33 PM

     Das Racist, yeah, they’re pretty good

  43. Posted by Johnny | May 13, 2011 at 4:38 PM

    I bet this is the guy who has been shorting my beloved Kinross Gold.

    -John Paulson

  44. Posted by Yamoms | May 13, 2011 at 5:34 PM

    @f0f5d1422ad103679f83bfe062140410:disqus wow, im white!  really?  YESSSSSSS!!!!!!!!!  Now I can assume the identity of people I dont know and properly spell douchebag!  Actually, im not white. 

  45. Posted by king of slc | May 13, 2011 at 7:56 PM

    Recognize the dick size in these Karl Kani jeans…I wear 13′s no what I mean? 

  46. Posted by friscosam | May 13, 2011 at 9:14 PM

    I highly recommend the About Us section:http://tlgilliams.com/

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