Ron & Travis Cadman Cross-Border Schemes

CBI/CADMAN Victims issue a warning!!!!

Between 2006 and 2010, Alberta [Red Deer/Sylvan Lake] native Brothers Travis and Ronald CADMAN doing business as “CBI” [Cadman Brothers Inc.] are alleged to have defrauded thousands of investors of approximately $100,000,000 [CAD] by way of misrepresentations and omissions.

Ron Travis Cadman

               Ron & Travis Cadman

The schemes involved numerous “Real estate land development projects”, all of which failed to produce the promised profits and caused the loss of nearly ALL of the victims principle cash investments. In most cases hardworking and often elderly Canadians have been left destitute with NO savings with which to retire

The Cadman’s and/or their companies have been the target of a numerous ‘Class Action’ lawsuits in Canada which have reaped very little in the way of returns to the victims.

The Alberta Securities Commission has investigated and sanctioned both Travis and Ronald Cadman on multiple occasions over the last decade, but all of the activity has failed to return any of the illicit proceeds to the victim investors. *[see links to ASC below]

Travis Cadman during testimony to the ASC admitted ‘CBI’ had “raised $73,457,000 from at least 2600 investors over the years.”]

Subsequent to being banned by the ASC from being a principle in any company or investment entity in Canada for Securities crimes, the Cadmans seemingly ‘relocated’ their operations and their stolen cash assets out of Canada, some [several million dollars] of which have been invested in real estate in Arizona and Texas.

It would seem that the objective was to extract as much money as possible from Canadian investors and then move the money outside of the borders of Canada to the United States and elsewhere as to make the recovery of the funds out of reach of the Canadian Courts.

These schemes were perpetrated utilizing more than 40 different companies in the US and Canada have been identified as being connected to the CADMAN’s various alleged schemes.

Some of the investors has recently learned of an effort within the United States to make the Cadman’s account for there misdeeds.

A source within the Justice community in the USA indicates there are ongoing investigations into the Cadman’s and their business activities in the states.  A separate source also advised that legal actions are underway in US Courts targeting more that $20,000,000 million worth of assets owned by the Cadman’s in the states of Arizona and Texas.

See the list of companies discovered so far that make up parts of this horrendous theft from hardworking and often elderly Canadians:

Keystone Real Estate Investment Corp-Alberta

CBI Investments Ltd.-Alberta

CBI Capital Inc.-Alberta

Frank Capital Partners Inc.-Alberta

Cadman Investments Ltd.-Alberta

744988 Alberta Ltd.-Alberta

11244344 Alberta Ltd.-Alberta

1124352 Alberta Ltd.-Alberta

Diamond Key Capital Corporation-Alberta

Diamond Key Holdings Ltd.-Alberta

Diamond Key Developments Ltd.-Alberta

Lake House Investments Ltd.-Alberta

Lake House Capital Ltd.-Alberta

Keystone Business Park Inc.-Alberta

KBP Capital Corp.-Alberta

Arizona Capital Fund Inc.-Alberta

Timber Rock Holdings Ltd.-Alberta

AZ Mortgage Corp.-Alberta

Chestermere Lands Development Corporation-Alberta

1588787 Alberta Ltd.-Alberta

1239694 Alberta Ltd.-Alberta

Cachet Fine Homes Ltd.-Alberta

Arizona Investar Corp.-Arizona USA

Cadman Properties Inc.-Arizona USA

Arizona Acquisition Fund Corporation-Arizona USA

Sonoma Investar General Partner Inc.-Arizona USA

Sonoma Gardens (Phoenix), LP.-Arizona USA

Sonoma Gardens (Phoenix), LLLP.-Arizona USA

Sonoma Investar, LP.-Arizona USA

Sonoma Gardens, LP.-Arizona USA

Sonoma Gardens, LLLP.-Arizona USA

VOS Holdings, LLP.-Arizona USA

VOS Holdings GP, Inc.-Arizona USA

VOS Holding, LP.-Arizona USA

VOS Holding GP, Inc.-Arizona USA

Renue Properties (Sonoma Gardens) Arizona, Inc.-Arizona USA

Southwest Contracting (AZ) Inc.-Arizona USA

Diamond Key Homes, LLC-Arizona USA

Cadman Investments LLC-Arizona USA

Valley of the Sun Real Estate Management Inc.-Arizona USA

Diamond Key Homes, LLC-Delaware USA

Cherokee Partners, LLC-Delaware USA

Compass Investar LP-Texas USA

VOS Holding GP, Inc.-Texas USA

Compass Investar General Partner Corporation-Texas USA

Donovan Investar General Partner, Inc.-Texas USA

Donovan Investar Limited Partnership-Texas USA

[additional companies are under investigation outside of the USA and Canada which we have been asked to remain confidential in the interest of ongoing investigations]

If you were a victim of these fraudsters soon there will be additional information and a link to make contact with US Investigators to help bring these criminals to justice, so stay tuned.

*Alberta Securities Commission Links:

http://albertasecurities.com/Notices%20Decisions%20Orders%20%20Rulings/Enforcement/Keystone%20Real%20Estate%20Investment%20Corp%20SAU%202008%2007%2022%20294533%20v3.pdf

http://www.albertasecurities.com/Notices%20Decisions%20Orders%20%20Rulings/Enforcement/CADMAN%20Ronald%20William%20NOH%202015%2001%2006%205023722%20v1.pdf

http://www.albertasecurities.com/Notices%20Decisions%20Orders%20%20Rulings/Enforcement/CADMAN%20Ronald%20William%20DECISION%202015%2008%2019%205196335.1.pdf

WORLDWIDE MARKETS Ltd.

Worldwide Markets

{ Victim investors urged to contact this forum IMMEDIATELY -have their claim evaluated to join the group recovery effort}

 

Warning Has Been Issued Regarding

WORLDWIDE MARKETS LTD.

    

Worldwide Markets Ltd.-claims to be located at the following address in the BVI:

 

Trident Chambers, Number 146, Road Town Tortola, British Virgin Islands

 

The address they list is simply an offshore “Company Registrars” office and ‘WORLDWIDE’ appears to have NO physical presence in the BVI and all officers of the company appear to be based in the United States.

 

FPA “Traders Court” warns caution dealing with this company.

 

 

WWM is alleged to be a HIGHLY sophisticated multi-jurisdictional financial scheme-a typical lawsuit is not likely to recover your investment.

 

Investors were directed to wire their funds to open a new account or deposit additional capital to bank accounts in the United Kingdom and the East African island nation of Mauritius.

 

Victim compliant #16

“After depositing Hundreds of Thousands into a trading account with WorldWide Markets, in July 2017 Worldwide Markets stopped honoring my requests to withdraw cash.  They stopped communicating, stopped answering telephone calls, and stopped responding to my emails. They effectively disappeared off the radar. 

There was a complete black out of communication by Worldwide and then in January 2018 I could no longer access my account at its usual address.  I have sent emails to the back office, Arthur Dembro, Edward Liva, Justin Liva, and 6 other listed email addresses for Worldwide about the situation and requesting that my account be liquidated and closed. I also requested that all cash be withdrawn and returned to me.  There was no answer or response”

{Many reports of similar experiences have been reported by other investor victims some are included at the base of this report}

 

Worldwide Markets state on their website that they provide online trading in spot Forex and commodities both retail and institutional – and US Stock and Options.  Hedge Funds and other Managed Account investments are also offered to qualified customers.

Established by the founders of FX Solutions, WorldWideMarkets is the trading name of WorldWideMarkets Ltd., is licensed with and regulated by the British Virgin Islands Financial Services Commission, and its UK subsidiary WorldWideMarkets Online Trading Ltd., which is FCA-regulated.

The broker provides retail traders with the opportunity to trade forex, gold, oil, global stock market indices and other CFD instruments, as well as US stocks and options. It also provides institutional level trading via Currenex and a range of Managed account products for qualified customers.

Worldwide Markets Ltd states it established regulatory hubs in Europe and the Americas. In the UK they are authorized by UK Financial Conduct Authority (Registration # 604779).  In Europe – the Markets Financial Instruments Directive (MIFID) – a European Union law that regulates investment services. They are also registered and licensed by the British Virgin Islands Financial Services Commission (BVI FSC): License # SIBA/L/11/0960 (Licensed in BVI 23 November 2017).

 

Company Officers of WWM and associated entities:

(See WWM “SLIDESHARE” Link below)

WWM Slideshare Presentation

 

Thomas F. Plaut  – Chairman & CEO

Justin T. Liva – Chief Operating Officer

Edward L. Liva – Chief Legal Officer

Arthur J. Dembro – Chief Financial Officer

 

Investigation indicates Worldwide Markets Ltd. and/or its Officers to be connected to the following related companies:

 

TAB Networks, Inc.Florida-USA [Inactive]

THOMAS F. PLAUT-Director

ARTHUR DEMBRO-Director

 

TAB Networks, Inc.Delaware & New Jersey-USA [Office-Woodcliff Lake, New Jersey]

THOMAS F. PLAUT-CEO

JUSTIN LIVA-Vice President

EDWARD LIVA-Compliance Officer

ARTHUR DEMBRO-Director

 

Worldwide Markets Online Trading Limited-UK

THOMAS F. PLAUT-Director

EDWARD LIVA-Director

ARTHUR DEMBRO-Director

 

Greenwood Financial Advisory Services-Massachusetts-USA

ARTHUR DEMBRO-Director

 

View Trade Securities LLC-Delaware/Florida/New York-USA {Office Morristown, New Jersey}

JAMES ST. CLAIR {Sinclair}-Director

 

GAIN Capital Holdings-UK

THOMAS F. PLAUT-Director

 

ADDITIONAL COMPLAINTS:

I made an attempt to withdraw my deposit since April and Still have not received the Funds and its now August. They claim they are having bank issues and once clear they will make the transfer. Is this a red flag right away? Please beware of this broker, I warned you. In the meantime i will update you if i ever get my wire. In the process of creating a class action lawsuit with other clients that are experiencing the same.”

 

 Beware.. Beware.. Beware of WorldWideMarkets, “the biggest scamming broker in the world”!

“Last Week, WWM had stolen all my profits and closed my account for paltry and unjustified reasons, after I made some serious profits using my technique, which shook their credibility and got sweat trickling down their cheeks. I’m now in a very bad condition, which caused me serious depression problems. This indicate that it is not a credible company with credible sources as they pretend to be “they pretend to be dealing with the largest banks and be a real broker between the clients and the real market”.   Beware.. Beware.. Beware of these cyber mercenaries, and if you read these words and have not change your mind about them, at some point, you will regret dearly!”  http://www.forexpeacearmy.com/forex-reviews/9665/www.worldwidemarkets.com

 

“First, I would like to apologize about my English, not my native language. I have been the victim of a scam by WorldWide Markets. I trade from Spain, I do not work on any broker , I’m not WorldWide Markets competition, I say it sometimes seems that the good reviews come from friends of the broker and the bad reviews of competition. In my case I am an individual who also have been scammed by WorldWide Markets, they were left with nearly $5,000 of my earnings, they closed my account for no reason and it took a few months to return the money they originally got. WorldWide Markets broker is a scammer; in fact, I had never cheated in this way. For all this I appeal to any who read these lines and is looking for a broker to work . Do not open an account with WorldWideMarkets, if you win some money will be exactly like Monopoly money …. Nothing .If someone wants to widen further information, I have no problem doing . I hope , at least I can help someone hesitant to fall into the hands of these unpreventable.”    Alberto

https://www.myfxbook.com/reviews/brokers/worldwidemarkets/192381

 

“When an investor opens a Worldwide Markets Ltd account he/she will see modest gains in the first few months.  These are shown to the investor through “Screen Shots”.  The investor would then usually request a withdrawal, sometimes the withdrawal was authorized, mostly the investor was told, “there are open positions which you cannot see” therefore, the withdrawal was not authorized.   Over time, the investment would grow on the screen; however, withdrawal requests were not authorized.  Worldwide Markets Ltd account executives used a varied array of excuses to delay or deny withdrawals.  Eventually, the account would be wiped out and the monies gone. Like a “Ponzi Scheme” money was only paid out when new investors came in.”

 

JOIN the VICTIM RECOVERY GROUP and let Justice be served.

A North American based recovery effort is being facilitated by a ‘Global’ consortium of experts in “Financial Crimes” .  If you would like your claim to be included please contact this forum ASAP.  

[email protected]

 

GNTFX Forex Fraud

GNTFX is a HIGHLY sophisticated scheme; a typical lawsuit will not be effective in recovering funds stolen.

An effort is underway to assemble a group of INVESTOR/VICTIMS in an effort to mount a global criminal investigation and organize a formal effort to recover money Stolen from Investors.

Contact this forum IMMEDIATELY if you were of victim of:

GNTFX  [https://www.gntfx.com/]

Casper Mikkelsen CASPER MIKKELSEN [aka: Brain Thompson and Carsten Nielson]

FlipSide FX,

Robert Andersen

Maibrit Christiansen

[A North American based recovery effort is being facilitated by a Team of international Asset Recovery Experts in “Financial Crimes”.]

If you would like to be included please contact:.   [email protected]

Research suggests GNTFX is/was a poorly managed FOREX trading scheme purported to operate from offices in Belize City, Belize. However, GNTFX was actually conspired by CASPER MIKKELSEN who directed and managed the SCAM from his home located at 38 Fynsvej St., 6000 Kolding, DENMARK.

CASPER MIKKELSEN is alleged to have had an accomplice located in America in the state of Colorado who facilitated the formation of the Colorado domiciled [LLC] company GNT GROUP Ltd. [Company Reg.#20161567316]  in August of 2016. It is alleged that this company was used to open bank accounts in America to facilitate the theft of significant amount of investors funds.

The perpetrators and account executives utilized aliases to protect their identities.  Brian Thompson is reported to be the owner of GNTFX; however his true name has been revealed to be CASPER Mikkelsen Fraudulent PassportMIKKELSEN aka: Carsten Nielsen (Shown here a fraudulent passport allegedly utilized by MIKKELSEN.)  MIKKELSEN is believed to be ‘scienter and guiding mind’ behind criminal enterprise involving multiple trading programs over the past ten years that have defrauded thousands of investors in excess of $10,000,000 USD  [TEN MILLION DOLLARS] worldwide.

Casper Mikkelsen Maibrit Christiansen

 

It is also reported that CASPER has been assisted by his girlfriend and world traveling partner MAIBRIT CHRISTIANSEN, featured here together with CASPER while vacationing in New Zealand in 2017.

 

 

CASPER MIKKELSEN touted that GNTFX was established to provide traders with the most opportunities available on financial markets. They offered the best products, technologies and services, so that the needs of every trader were fully satisfied, regardless of your trading experience or skill level. https://www.gntfx.com/

 

How they stole Investors Money:

When an investor opened a GNTFX Power Trader account he/she will see modest gains in the first few months.  These are shown to the investor through “Screen Shots”.  The investor would then usually request a withdrawal, sometimes the withdrawal was authorized, mostly the investor was told, “there are open positions which you cannot see” therefore, the withdrawal was not authorized.   Over time, the investment would grow on the screen; however, withdrawal requests were not authorized.  GNTFX account executives used a varied array of excuses to delay or deny withdrawals.  Eventually, the account would be wiped out and the monies gone.  Like a “Ponzi Scheme” money was only paid out when new investors came in.

On 29 August 2017, the Office of the International Financial Services Commission, Sir Edney Cain Building, Belmopan, Belize, C.A. issued a warning notice against GNTFX.  That notice stated:

It has come to the notice of the International Financial Services Commission of Belize (IFSC) that an entity calling itself ‘GNTFX’ is falsely claiming to be at registered office address, Marina Towers, Belize City, Belize C.A. The representation made on the website, https://www.gntfx.com/  to that effect and any correspondence received from GNTFX with the above mailing address is inaccurate and misleading. We confirm that “GNTFX” is not registered as a company nor licensed by the International Financial Services Commission of Belize or any other competent authority in Belize to engage in any type of trading business.

 

GNTFX is therefore directed to cease and desist from carrying on with the said unlicensed activities which constitute an offence under the laws of Belize.

All persons concerned are warned to take note and exercise extreme caution.” 

ADDITIONAL DETAILS REGARDING THIS SCHEME ARE LISTED IN THE VARIOUS LINKS BELOW:

http://www.fxturtletrader.com/.

https://www.leaprate.com/forex/regulations/belize-ifsc-warnings-fx-brokers-binary-forex-trade-gntfx/

http://www.caspermikkelsen.com/hereheis.html

[A North American based recovery effort is being facilitated by a Team of international Asset Recovery Experts in “Financial Crimes”.]

If you would like to be included please contact:.   [email protected]

Glenridge Capital – PONZI

Glenridge Capital

 

A serious effort is underway working with victim investors to assemble a group effort to mount a global criminal investigation and organized recovery exercise.

Contact us IMMEDIATELY If you were a victim of:

Glenridge Capital                                                                            Grey Mountain Management                                                      BSD Options www.bsdoption.com
Lybss Limited
Oracle Stone Ltd
Sky Runway Ltd

Avoid Jake Lewis {AKA: Levis}, David Coleman (DC) Managing Partner BSD OPTIONS & Bruce Summers BSD (VIP) Department. [It is believed all of these people are operating under assumed names to avoid detection]

BSD OPTIONS was HIGHLY sophisticated FRAUDULENT Investment scheme; a typical lawsuit will not return your lost money.

 A North American based recovery effort is being organized by an international consortium of expert “Financial Crimes” asset recovery professionals.

If you would like to be included please contact this forum ASAP!!!

  [email protected]

BSDOption claims to be a binary options trading brokerage based in Liverpool, England. Additionally, it claims to offer online binary options trading platform.

BSDOption broker warning mentions the official website where the broker operates through. The website is bsdoption.com. Moreover, reportedly Lybss Ltd. operates the website and company named YDBM Ltd. owns it. BSDOption, operated by Lybss Ltd. and owned by YDBM Ltd. (collectively, the Parties)

How they took Investors Money:

When an investor opens a BSD Options and/or Grey Mountain account he/she will see modest gains in the first few months.  These are shown to the investor through “Screen Shots”.  The investor would then usually request a withdrawal, sometimes the withdrawal was authorized, mostly the investor was told, “there are open positions which you cannot see” therefore, the withdrawal was not authorized.   Over time, the investment would grow on the screen; however, withdrawal requests were not authorized.  BSD Options and/or Grey Mountain account executives used a varied array of excuses to delay or deny withdrawals.  Eventually, the account would be wiped out and the monies gone. Like a “Ponzi Scheme” money was only paid out when new investors came in.

A company called Grey Mountain Management,” located at Ulysses House, Foley Street, in Dublin, Ireland. This firm, claims to provide “white label” services for dozens of binary options websites, and named its company directors as Liam Grainger and Ryan Coates.  Liam Grainger had been the director of dozens of other companies, including Narect Ltd. and Coral Petroleum Ltd., a company that was recently at the center of a $2 billion dispute among Russian oligarchs, as well as Multisports & Image Management (M.I.M.)

In another independent article https://www.timesofisrael.com/lost-your-money-to-binary-options-heres-how-some-victims-got-it-back/  this information was confirmed.

BSD Options is a SCAM!!!! My friends and I just lost 100,000s of dollars. We invested with them, and they took our money and placed losing trades on our accounts and then blocked us from contacting them! When we asked for withdrawals they would always make excuses until we called them out and then they completely cut contact with us”. If your are not certain with whom you have dealt with, “Check your credit cards, if there is a charge from “fbx  (bsd options)” or “Grey Mountain management” it’s from them”.

Research into BDS Options and/or Grey Mountain suggests it is a poorly managed trading scam.  This is how it works:

  • If a client is making more money than the company, then an employee is told to rig the trading platform. Alternatively, an employee would be told not to allow withdrawals for clients.  Some trades are real, but the majorities are not. Often, if the client is making money the company will email the employee or the platform provider telling them to rig the platform, eventually all the money is lost into the pockets of the company and it employees.  Every binary option company has their own methods but this is generally how it works.

***Brent Borland*** Canyon Acquisitions Fraud??

Investors allege that between 2007 and 2010, hundreds of Canadian residents of Ontario and Quebec invested between $25 and $100

Wayne Robbins

Wayne Robbins

Million Dollars in what is being called a major fraud scheme perpetrated by US based Canyon Acquisitions and affiliated companies.

According the findings of the Ontario Securities Commission, CANYON ACQUISITIONS and it’s principles Brent BORLAND of Delray Beach-Florida, Wayne ROBBINS of Jupiter-Florida and Marco CARUSO of Bedford-Texas, enticed and misrepresented investments in various resort development projects in the Dominican Republic and Southern Belize.

Marco Caruso

Marco Caruso

The development Projects in Belize include:

  • COPAL BEACH RESORT
  • PLANCENCIA ESTATES AND PANTHER GOLF CLUB
  • RENDEVOUS ISLAND RESORT
  • THE MARINA AT THE PLANCENCIA
  • PLANCENCIA INTERNATIONAL AIRPORT
  • THE MARINA VILLAGE AT THE PALENCIA

http://www.canyonacquisitions.com/canyon-acquisitions-copal-beach.htm#

 

 

Developments in the Dominican Republic Include:

  • RIBERA DEL CARIBE
  • RIVERA DE CHAVON

The 2013 Canyon and it’s principles were found guilty and a Judgment was issued by the Ontario Securities which stated;

“Canyon U.S., Canyon Nevis, Borland, Robbins, Caruso and the Caruso Companies traded and engaged in, or held themselves out as engaging in, the business of trading in securities, where no exemptions were available, without being registered to trade in securities, contrary to section 25. 

Borland and Robbins, as officers and/or directors of Canyon U.S. and Canyon Nevis, did authorize, permit or acquiesce in the commission of the violations of section 25, 53, 122(1)(a) and 126.2(1) of the Act, set out above, by Canyon U.S. and Canyon Nevis, contrary to section 129.2 of the Act and acted contrary to the public interest of the Act.

Canyon made false and misleading statements in written communications, as described above in paragraph 40(i). By doing so Canyon breached s. 126.2(1) of the Act. Borland made incorrect statements during an interview with Staff. By doing so Borland breached s. 122(1)(a) and contrary to the public interest.”

Canyon breached and is in default of its 2013 settlement agreement with the OSC and delinquent on payments of approximately $1.4M for not following through with the payment of fines, sanctions and disgorgements.

According to sources close to Canyon has operated openly within the US, but has overtly tried to avoid US Securities regulatory requirements to include having advised certain employees and brokers to not solicit from US investors.

Although, court records indicate there have been few lawsuits filed by US investors, there were a few cases where exceptions were made that ended with filing of court actions.

None of the touted projects have ever been completed and Canyon has defaulted on agreements with investors and failed to produce the promised annual returns which were said to have been high as 20%.

To date the investors have lost all of principle. In many cases victims were near or at retirement age having lost their entire retirement savings. While Brent Borland along with his wife Alana LaTorra {Managing Director of Placencia Acquisitions LLC} appear to live a lavish lifestyle among the high society types in the greater Boca Raton/Miami area and Sag Harbor New York.

Brent & Alana Borland

Brent & Alana Borland

A number of investors contacted said that the reason they felt comfortable and confident in the investments with Canyon was that they were assured that their money was safe as they were directed to send their funds to a US Attorney Daniel Holliday III based in Baton Rouge Louisiana.  Investors were told that the Attorney had been retained by Canyon to act as an “Escrow Agent” of behalf of investors and that their money would be held safely in Escrow by Holliday and used only to collateralize the developments.

Recently it’s been learned that an private international group  was hired by investors to launch a global investigation into the allegations.

A source close to the investigation advised that “Canyon” established a sophisticated network of at least 40 offshore companies primarily domiciled in the Caribbean and Central America. Structures of this are commonly used in these types of schemes to launder and/or secrete illicit proceeds.

Borland, Robbins, Caruso and associates appear to be affiliated as a principles of numerous US based companies;

Borland Capital Group, LLCDelaware

Borland Capital Group Management, LLC-Delaware

Borland Capital Group Advisors, LLC-Delaware

Catalyst565, Inc.-Delaware

Canyon Borland, Inc.- Florida

Blueprint Hope Foundation, Inc.-Florida

Placencia Properties, LLC- Florida

Belize Fund Management, LLC-Florida

Sunny Acquisitions-Florida

Beach Acquisitions-Florida

Borluso Autentico-Florida

Terra Azul Development Group-Florida

Internet Marketing Fund-Florida

In Centric Properties, Inc.-Florida

If you have INFORMATION relating to this alleged scheme, Brent Borland, Wayne Robbins, Marco Caruso or their activities PLEASE contact this forum your identity will be kept confidential.

[email protected]

Update Brent Borland Arrested by the SEC in the United States in a separate Fraud:

https://www.justice.gov/usao-sdny/pr/owner-new-york-investment-fund-charged-21-million-scheme-defraud-investors

 

 

Exential Group-Victims!!

Exential

 

Contact us IMMEDIATELY If you were a victim of:

EXENTIAL GROUP,

EXENTIAL MIDEAST COMMERCIAL BROKERS LLC, 

TADAWUL ME,

EXENTIAL MIDEAST INVESTMENT LLC,

FCI MARKETS Inc, 

FC PRIME MARKETS

This case is a HIGHLY sophisticated scheme, a typical lawsuit will NOT return you lost money.

A North American based recovery effort is being facilitated by an international consortium of expert ‘Financial Crimes’ asset recovery professionals.  If you would like to be included please contact this forum ASAP.

BREAKING NEWS:

A Dubai court has ordered Exential chief Sydney Lemos and his companies to pay back a group of investors who lost their hard-earned money in a Dh1.1 billion Ponzi scheme disguised as a foreign currency trading program.

Sydney Lemos

Lemos, 36, who is in police custody since mid-January and faces a string of civil and criminal charges.

Exential Group promised up to 120 per cent annual returns on investments, but when payments dried up, many investors complained following which the firm’s Dubai Media City office was shut down by the Department of Economic Development in Dubai (DED) in July 2016.

A case has also been filed against his wife Valany Cardozo Lemos,

Valany Lemos

who was captured on CCTV entering Exential’s sealed office illegally last December 26 and carting away vital documents with the help of other staff.

On January 3, 2017, Valany flew to India and is now believed to be holed up in her hometown Goa. However, the chief accountant of Exential wasn’t that lucky. He was arrested at Dubai airport minutes before boarding a flight to India and is now in jail.

Indian chartered accountant and some influential businessmen who are said to have played key roles in the brazen forex scam.

[email protected] or call (US) 240-232-2001

Dubai Exential Office

Exential Group Office

RIAZ MAMDANI-Accused Fraudster-Shot in Assassination Attempt!

Riaz Mamdani

Millionaire real estate developer alleged Fraudster Riaz Mamdani was ambushed and shot outside his Mount Royal home Monday.

Calgary police were called just after 8 a.m. to the front of a house in the 2200 block of 7th St. S.W. where they found a man inside a car suffering from gunshot wounds. Mamdani, chief executive and founder of the real estate investor Strategic Group {AKA: Platnum Equities}, was identified as the victim by a company spokeswoman, who said he is in stable condition.

Police said in a release Monday afternoon that the shooting was likely targeted, though an exact motive is not known.

“The shooter definitely knew where he was and who he was going after,” Staff Sgt. Travis Baker said. “I don’t know what the motive was at this point, but we believe that the shooter knew where he was and what he was doing.”

Mamdani-Rolls Royce

A Rolls-Royce Phantom with front-end damage and bullet holes through the windshield was cordoned off by police in front of the Mamdani home, among the most valuable homes in Calgary.

“As for the damage to the front of the vehicle, we believe that was a result of the victim hitting the gas pedal and running into a stationary object,” Baker said. “I believe it was a barricade of some sort.”

Baker said Mamdani was in the driver’s seat of the vehicle and suffered multiple injuries. At least one other person was in the vehicle at the time of the shooting, but Baker would not comment on that person’s relationship to Mamdani.

Not long after the shooting and several blocks away, fire crews responded to reports of multiple explosions in the 3800 block of 7th Street S.W.

Fire department spokeswoman Carol Henke said when firefighters arrived they found a Hyundai Santa Fe on fire in an alley parked between two garages.

Crews extinguished the fire in the empty vehicle, but not before the flames damaged the garages.

“We’re certainly looking into both of them with the strong suspicion that maybe they’re connected,” Baker said. “Arson is looking at that side of it, but they’re working hand in hand with us.

A search of court documents revealed a long list of grievances against Mamdani.

The businessman is named as a defendant in two class action lawsuits, one of which claims $10 million in damages, and another in which investors claim they lost $200 million — the latter which was certified last year.

The $10-million claim, filed in June 2014, alleges Mamdani was involved in an investment deal in which investors in Alberta, Ontario and B.C. agreed to purchase a parcel of land through two Platinum Lands corporations.

Their claim states the investors raised $6.4 million to fund the purchases from SSAM Land Corp.

But it says SSAM, for which Mamdani was the directing mind, claimed the transaction was never closed because it had only received $5.7 million from the Platinum companies, controlled by defendant Shariff Chandran.

“At all relevant times, Mr. Chandran and Mr. Mamdani were close and long-term business partners in the real estate business in Alberta,” it says.

The lawsuit alleges the two parties conspired to collect the investors’ money “and then … wrongfully take the investor funds for their own personal benefit.”

In the certified class action lawsuit, individuals — including Mamdani — and companies associated with the Platinum Group have been sued over allegations of misused investments.

Gregory Tindall-REWARD $100,000*

WANTED-GREGORY DENNIS TINDALL & PAMELA M. (Lovestead) TINDALL.

Greg & Pam Tindall

Greg & Pam Tindall

Between 2001 and 2009 GREGORY DENNIS TINDALL {DOB: 2 November 1960} and DALE JOSEPH EDGAR ST. JEAN {DOB: 8-May-1959} Citizens of Canada (Alberta), acted as the ‘Primary’ co-conspirators to defraud hundreds of investors from Australia, New Zealand, Canada, USA and Europe of more than $80,000,000.00 (EIGHTY MILLION DOLLARS), in what is being referred to as one of the most Brazen “PONZI” Schemes in Canadian history.

On or about September 8 2010, GREGORY “Greg” TINDALL and his wife PAMELA “Pam” M. (Lovestead) TINDALL sold their house in the Crystal Shores area of Okotoks, Alberta for $975,000 after putting it on the market in May 2010.

The couple subsequently fled Alberta, along with their two adopted children SHYLER & MIKALA.

Family members concerned for the safety and well being of the children have contacted law-enforcement to report that they consider the children to be endangered.  People close to the Children have stated that it is HIGHLY unusual that the children have not attempted to make no contact although strong relationships were the norm prior to the families disappearance.

The Tindalls may have altered their appearance and that of the Children as well.

If anyone has information regarding the welfare and location of the children you are URGED to contact this forum!

(Additional Photos of the missing children are included below)

GREG TINDALL and his wife remain fugitives and are likely living under assumed identities. Ongoing search efforts are focused on a number of foreign jurisdictions.

  A “Red Notice” is said to be imminent.

https://en.wikipedia.org/wiki/Interpol_notice

PAMELA originates from Saskatchewan Canada. The children, Shyler & Mikala-now approx. 16 and 20 years-old respectively have always been home schooled.

PAMELA also has an adult biological daughter residing in Calgary who was born prior to her marriage to GREG TINDALL, for the sake of privacy identified only as RC.

GREG’s family & mother reside in the Okanagan {Kelowna} area of British Columbia, relations in GREG’s family may be strained.

PAMELA’s family with whom relations seem stronger reside in her ‘home’ Province of Saskatchewan.

Pamela’s Sisters {LANA NJAA & ROBYN KONDRATOWICZ} came to Okotoks to help move household belongings when the TINDALL’s fled, they likely know of the suspects whereabouts.

Shortly after fleeing Canada, TINDALL sold a ski type boat to a US citizen in Nebraska without proper paperwork. A criminal complaint is pending.

Investigators close to the case conclude from the outset, that TINDALL was the guiding mind and principle of the scheme  who controlled and facilitated the ‘laundering’ and secretion of the illicit proceeds of the crime.

 

DETAILS OF THE FRAUD:
TINDALL and ST. JEAN founded numerous “Shell” companies under their two Flagship entities firstly TRANSBANC {circa 2001-2005} then changed the name to TRANSCAP {2005 forward} following Canadian regulatory action.

The Suspects formed an additional company-STRATA TRADE as an “exempt market” vehicle in order to make their fraudulent enterprises eligible to solicit and accept RRSP {retirement accounts} investments into the Scheme.

Witnesses and victims describe GREG TINDALL as a semi-intelligent and aloof man who seemed close only to his ‘immediate’ family. 

TINDALL was known to wager both on stocks and online gambling sites and enjoy watching MMA fighting matches and “go-cart” racing.

For reasons unknown-as the scheme began to collapse, ST. JEAN voluntarily took responsibility and acted as the “fall-guy” and  “patsy” for TINDALL.

Witnesses who knew both TINDALL and ST. JEAN stated; TINDALL had very little respect for ST. JEAN, openly talked down and disparagingly about ST. JEAN considering him to be easily manipulated.

The contention of many is that TINDALL recognized St. JEAN as a person he could control and manipulate. The fact that ST. JEAN’s wife {PRISCILLA Wolfe} was an ‘Investment Manager’ may have motivated TINDALL to bring them into the fold.

In early 2006, St. JEAN made statements in ‘confidence’ to witnesses that TINDALL was not providing funds to pay interest payments and that he was forced to use new investors money to make redemption payments.

None of the facts herein are meant to absolve DALE St. JEAN of criminal culpability. Had he not have known at the beginning that the scheme was built on false promises and lies, he certainly knew a significant time before the collapse and was happy to entice new Investors.

 

TIER-2 “Parties of Interest”:
RONALD NORMAN LITTLE {St. JEANS “chief-lieutenant”-prime broker who earned approx. $3M +/- in illicit commissions-is said to be residing in Swan Lake Campground – 7235 Old Kamloops Rd, Vernon BC }

D. GENO BRUNTON {California ‘businessman’ associate of St. Jean & Tindall who elicited approx. $1M from victims in a fraudulent recovery scheme.}

SHERI PIDKOWA {Executive assistant/Bookkeeper for TransCap living in Calgary Alberta}

BLAIR CARMICHAEL {Principle broker for TransCap-netted over $1M in commissions from the sales of the illicit investment}

JIM LANTZ {Principle & Partner broker to Blair Carmichael-netting over $700,000.00 in Commissions}

RICHARD W. DEVRIES {Attorney/Canadian living in the Bahamas who was involved in the initial formation and structure of the scheme}

 

Should anyone have information pertaining to the location of GREG & PAMELLA TINDALL or evidence against them please contact this forum.

Additional information including a full report of the investigation and criminal actions are forthcoming.

 

MESSAGE TO DALE ST. JEAN or GREGORY TINDALL: Should you wish to resolve this matter without further actions you are advised to contact [email protected] immediately.

 

(*A reward UP TO $100,000.00 is being offered based on production of credible information leading to the location/capture and/or recovery of an established amount of the stolen money. A progressive or negotiable reward is also being offered for credible information leading to just the location of TINDALL and his family and/or facilitation of recovery.)

 

 

Greg & Pam Tindall

Greg & Pam Tindall

Mikala & Shyler

Mikala & Shyler

Tindall Family

Greg Pam Tindall Family

Greg Tindall

Gregory Tindall

SEAN O’NEAL-Scams Elderly

FRAUD ALERT-WARNING!!

Sean & Anna O'Neal

Sean O’Neal

A 67-year old Senior Citizen Reports that they have been defrauded out of her entire life savings-more than $375,000.00 by Mr. SEAN ANDREW O’NEAL (aka: SEAN SIPOS) a resident of Rancho Palos Verdes, California.

SEAN ANDREW O’NEAL-date of birth: 30 AUG 1961 (image depicted above with his wife “Anna Aguilar-O’Neal”)

O’NEAL is known to spend significant time in the Playa del Carmen area also maintains “Resident” status in Mexico. Between April 2013 and February 2014 in three separate transactions, Sean O’Neal defrauded the victim utilizing 2 fictitious investments:

A.  $140,000.00-involving ruse involving real estate investments promising a 12% annual rate of return.

B.  $235,000.00-For the sale of a condominium located in Playa del Carmen, for which the victim intended to use as a full-time retirement residence. It was later discovered that SEAN O’NEAL did not own or have the authority to sell the subject properties and simply stole the victims money.

SEAN O’NEAL, perpetrated the fraud by enticing the elderly woman to deposit by way of Check, wire transfer and cash into a California based Wells Fargo bank account held under the name of O’NEAL’s preschool aged son co-owned by SEAN O’NEAL’s elderly mother-Jean Sipos. The Victim advises that after being pressured SEAN O’NEAL admitted to having defrauded her, but to date has refused to return any part of the stolen money.

SEAN’s wife ANNA AGUILAR-O’NEAL is alleged to have been complicit in the frauds Committed by SEAN O’NEAL.

The Secretary of State of California lists the company’s status as suspended. SEAN O’NEAL also advertises himself as a “Life Coach” listing a phone number of 424-332-2080 with a listing for a “Regus” temporary office located in the “Rolling Hills” area near his home in California.

If you should have any additional information regarding the fraudulent activities of SEAN O’NEAL we urge you to contact the authorities and this forum at [email protected]. {Evidence and documentation substantiating the allegations herein have been reviewed and are on file with an independent investigative entity} O’Neal’s ‘Vicious’ message to Victim DOCUMENTATION IDENTIFYING SEAN O’NEAL ARE LINKED BELOW Sean O’Neals US-Passport Sean O’Neal-Mexico Residency Card

Raj Mahadevan, “Altos Escondidos”-Panama Fraud

BEWARE: Athisayarai Mahadevan (aka: Raj)

Altos Escondidos-Development Fraud

 

     Athisayaraj Mahadevan (aka: Raj) has promoted the “Altos Escondidos” developmentin Panama since 2007.  He and his original partner, Jes (Jason) Black, set up “Offering Documents” for the Ranger Panama Fund Series, S.A.  The purpose/intent was to lure potential investors into an apparent ruse involving a land (Resort) development project in the inland area of the Republic of Panama which existed only through a series of misleading official papers, phony land documents with false values and repeated promises of strong returns on their investments. 

The following are the facts based on victim statements and findings of a subsequent investigation:

In August of 2007, Dr. Rebecca Castaneda, a dentist in San Francisco befriended the reporting victim, a former patient.  It has been alleged by one victim that Dr. Castaneda has a reputation for having used her dental practice as a front for pushing risky business or investment schemes.  It is further alleged that Castaneda received referral fees for doing so.

Dr. Rebecca Castaneda

Dr. Rebecca Castaneda

On the surface this conduct appears to be at the least unethical conduct.  Further, information has surfaced that indicates Castaneda had her own brush with the law in the past, was fined and ordered to do community service. 

Castaneda misled the victim by saying she was borrowing $75,000 from her Home Equity Line to invest in Altos Escondidos.  Based on the information and the materials provided and discussions with Castaneda the victim decided to invest in the Ranger Panama Fund Series, S.A – the “Altos Escondidos” Project, and wired $50,000 to Ranger Funds, LLC

Later, when asked by the victim/patient to provide proof that she actually invested her own money in Altos, Castaneda refused to do so.  Even though Castaneda is fully aware that Altos Escondidos is a scam she continues to collaborate with Raj Mahadevan to this day.    

In October 2007, the victim and Castaneda met with Jes Black and Athisayaraj Mahadevan (aka: Raj), (Ranger Panama Principal Partners) in Panama City, Panama.                      

            (“Raj” pictured below with Panama President Martinelli)

The victim understood before their trip to Panama that they would be taken by plane to the “Altos Escondidos” location for a development site visit.  However, once they arrived they were told they would not be able to fly to the site location due to poor weather conditions.                                                                           

     After years of false promises, sketchy accounting practices, continuous misinformation the victim filed a complaint with our sister organization globaladvocates.ch in an attempt to uncover the truth.  The prospectus for “Altos Escondidos” indicates that between April 15, 2007 and April 27, 2007 Ranger raised $1.5 million in seed capital to purchase the land, a “69 Hectare parcel”, for 1.38 million (US).  

(“Raj” pictured at a party in Panama City)

Raj at party

     The investigation showed “Altos Escondidos” owns 69 Hectares of undeveloped land in the Capira region, northwest of Panama City. Its purchase price was $345,000 (US), not the $1.38 Million that Athisayaraj Mahadevan (aka: Raj); (pictured left at a party in Panama City)  claimed he had paid for the land.   It was also discovered that there is a current mortgage lien listed in government registry as of February 15, 2013 against the property for $250,000 (US) in a short-term loan. This lien continues to be listed in the public registry as an active loan.  The land is registered for tax purposes (finca 3352, ubicacion 8201 is $2,000 (US), this may or may not be an attempt to defraud the government land tax authority, information regarding this is pending a review.

     The investigation further revealed:  AE Alleged Office HallwayThe listed office for this project is now closed at least two years, now a Gynecological medical office-for women.  (See Photo Right)

They victim originally visited the “Altos Escondidos” office at this same location, and  received signed copies of all agreements/documents. A new address has not been provided; and the phone is disconnected.

A local contractor hired to cut roads for the project was never paid (he is owed $50,000) and he is now threatening to sue “Altos Escondidos” and Athisayaraj Mahadevan (aka: Raj); the roads were not finished.  

     Locals in the area have heard rumors about the project but nothing has surfaced; Phone Calls and emails to the AE office in Panama by our investigators were not returned; Annual meetings of Investors have not been held as directed by the operating agreement; Investors have been kept away from each other.   

     For more than six years the victim tried to get financial statements and other documents regarding the projects progress and expenditures.  The victim was met with one excuse after another -why the project has been delayed and why the documents were not forth coming.   The detailed case report provides documents; timelines and lists of all the promises and excuses made by Mr. Mahadevan in reference to “Altos Escondidos”.  Investigators in Panama, realtors and attorneys in Panama provided vital information aiding our investigation.

Altos Escondidos 017

 

     When the Investigators went to the “Altos Escondidos” property; they found there was not a single presence for “Altos Escondidos”, locals spoke of project rumors but have not seen any activity or signage.  Investigators did speak with a representative of Groupo Howard, identified by Mr. Mahadevan on 2-22-2011 in an email to our victim as the road builder.   The representative told the investigators they contracted to cut the roads to the project but were never paid.  Groupo Howard has indicated its intent to file suits against Mr. Mahadevan and “Altos Escondidos” for $50,000 – non-payment.  The roads have never been completed.

(photos of Altos property taken by investigators above right show no evidence of the claimed improvements)

(Copy of Offer Memorandum, filing of lein Registration and Land Sale Registry Document #338563 & 296778 respectively from the Registro Publico De Panama are evidenced below at the bottom of this page.

     Barr International http://www.barrarchitects.com/projects lists Altos Escondidos as a current project, calls to Barr regarding their progress have not been returned.  [email protected]     1875 Eye Street NW, Suite 500 Washington,D.C.20006  tel:202-429-2076

     BARR GROUP INTERNATIONAL LLC is a full-service Washington-based firm offering Architecture, Engineering, Interior Design, Construction Management, Development, Sustainable Design, Infrastructure, Preservation and Planning services. Established in Washington DC in 1981, the firm provides design services throughout the United States, Europe, Latin America, the Middle East and Asia.  

          Dr. Raj Barr Kumar; FAIA,RIBA, IIDA, USGBC is an architect, interior designer and environmentalist, and President of Barr Group international LLC and Barr-Kumar Architects Engineer PC, established in Washington, DC in 1981.  Athisayaraj Mahadevan is Dr. Raj Barr’s brother.

     Contact information for BARR Group International:

[email protected]     1875 Eye Street NW, Suite 500 Washington, D.C.20006  tel:202-429-2076

                It is evident that Mahadevan and his brother Dr. Raj Barr Kumar are exploiting the fact that Raj Barr was a FORMER president of AIA to lend to the credibility of the Altos Escondidos fraud.

     Neither US nor Panama Authorities have not been alerted at this time, allowing Mahadevan the opportunity to rectify this matter before facing regulatory or criminal sanctions.

Note: In 2007 – The National Futures Association filed a complaint against Black Flag Capital Partners LLC (NFA ID# 345533) & Jason Black (NFA IF # 344149) – Case # 07-BCC-029

     Any other victims or witnesses to this fraudulent enterprise or any other perpetrated by  Athisayaraj Mahadevan (aka: Raj) et, al.; are asked to contact this forum to file a complaint or offer additional testimony in the pursuit of justice.

      Based on the information we have received – this project is questionable and may have been misrepresented to the public.  If you have information pertaining to the projects validly and/or you are an investor still waiting for a return on your investment please contact us.

New information received indicates that “RAJ” Mahadevan may be residing in Playa del Carmen Mexico, perpetrating a similar investment scheme.

One victim contacted this forum making the following statement; “Raj Mahadevan, is a liar, cheat, con artist and cyber-bully. He scams people of their, and then when confronted attacks their character and that of the victim’s family members in an effort to intimidate them from trying to recover the funds he had stolen from them. The guy is a sick sociopath that knows no boundaries”.

A source in Playa del Carmen brought to one victims attention an article in the local paper that Raj allegedly visited “Chilly Willy’s” a local “strip club”/brothel and was pursued by police when he ran out without paying for services rendered.

Additional links to complaints against Raj Mahadevan:

ttp://www.whoscammedyou.com/current-scams/17554/sex-toy-ripoff/

 

http://www.whoscammedme.com/current-scams/17093/altos-escondidos-rip-off-or-dog-bite/

 

http://www.scambook.com/report/view/270845/Raj-Mahadevan-Complaint-270845-for-$50,000.00

 Contact us at [email protected] or email us via our “contact us” page.

Certificate of Land-registry

investor Memorandum

Certificate of Land

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