Jul
21
May
11
Exential Group-Victims!!
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.
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,
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
Exential Group Office
Dec
21
RIAZ MAMDANI-Accused Fraudster-Shot in Assassination Attempt!
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.”
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.
Nov
04
Gregory Tindall-REWARD $100,000*
WANTED-GREGORY DENNIS TINDALL & PAMELA M. (Lovestead) 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
Mikala & Shyler
Greg Pam Tindall Family
Gregory Tindall
Jan
30
HO-CHUN “JEFF” LEE-Reward/Wanted
Los Angeles, California – August 28, 2012
HO-CHUN “JEFF” LEE– WANTED on a $1.1 Million dollar US Felony warrant, after stealing more than $1.5 Million from Elderly US Employer
FUGITIVE-HO-CHUN “JEFF” LEE
Ho-Chun Lee aka: “Jeff” LEE, President of “Circle Transportation”, AKA: “Upswing Logistics, Inc.” Registered at 87 Hoping First Road, Kaohsing, Taiwan wanted for embezzling more than $1,500,000.00 (ONE MILLION FIVE HUNDRED THOUSAND US DOLLARS) from his elderly employer-INCARE CARGO SERVICES of Los Angeles, California.
Lee is believed to possibly hiding as a FUGITIVE in Taiwan.
INCARE Cargo Services, Inc., conducted business as a freight forwarding/customs brokerage company. As part of its freight forwarding services, INCARE received checks from its customers to pay for customs duties.
From 9-1-2006 to June 1, 2008 Jeff LEE was INCARE Services’ chief administrator whose duties included:
1} Outside Sales
2} Management of INCARE Services customer list
3} Control and supervision of INCARE Services business accounts
4}Overseeing customer relations.
LEE a trusted employee with a high level of responsibility, used his position to STEAL the $1,500,000.00 from INCARE Cargo Service, Inc. Lee accomplished this by accessing INCARE Cargo Services’ incoming mail and customer files.
In June of 2006, Jeff LEE incorporated a separate, but similarly named company-“INCARE Cargo Express, Inc.” and opened a corporate bank account at a local Los Angeles Bank.
LEE then began intercepting checks made out to INCARE Cargo Services Inc., and deposited them into his new account.
LEE also managed to acquire an INCARE Cargo Services Stamp which he used to endorse checks written to INCARE Cargo Services Inc. In addition to falsely endorsing checks made payable to INCARE Cargo Services Inc.
Further, LEE misappropriated INCARE Cargo Services Inc. customer list which eventually put INCARE out of business.
The theft was discovered when the elderly victim contacted a customer regarding a late payment. The customer provided a copy of canceled checks with endorsements, which prompted the victim to contact all of his customers – discovering the scope and magnitude of the crime.
Shortly after the theft was discovered LEE also misappropriated INCARE’s customer list to his brother-in-law companies’ HCLM Express Services Inc. and Up Swing Logistics, registered at 8717 Aviation Boulevard, Inglewood, CA.
CHUNG FUNG MAK, LEE’s brother-in-law, is the registered agent for HCLM EXPRESS SERVICES, INC and UP SWING LOGISTIC. It is unknown if CHUNG FUNG MAK, had knowledge of the criminal activity.
Information that leads to his arrest and extradition WILL be rewarded!!!! Please contact the FBI/Los Angeles Police or [email protected]
SEE PASSPORT COPY BELOW
HO-CHUN LEE Aka: Jeff Lee-SUSPECT/FUGITIVE
Jan
13
Mark (aka: “Zio”) Segovia & Betty Segovia
Mark Segovia is now calling himself “Zio” Segovia
(Zio-meaning Uncle or Slang for Brother in Togo western Africa)
Accomplice/Co-conspirators”
Mark Segovia (“ZIO” or “Uncle” Segovia)
Kurt Bowker, Lidio Rancharan
(Other accomplice’s names being withheld pending further investigation)
DBA: Vault LLC & “Grupo Bannorth” Banking Services, Panama.
Will steal your money! In this case they stole over $1,600,000.00 and did
knowingly cause losses to investors in excess of $2 Million Dollars
They will promise you they can effect major financial transactions
or investments with incredible returns then rob you blind!
Here’s the summary of the case:
Lidio Rancharan
In February of 2006, numerous potential investors/victims attended an investment seminar in the state of Washington put on by a group out of Vancouver, WA. One of the local presenters was a man by the name of Kurt Bowker. Other local names are currently being withheld pending further investigation. It is now understood that none of the persons involved in marketing the investment product were licensed to do so.
The investment proposal was purported to produce a high yield with a monthly cash flow using Life Insurance Policies that the group would purchase and subsequently sell at a profit to institutional investors. Then the group would see a return of their investment to the tune of 15-30% monthly.
Based on the convincing presentation, written prospectus and the name-dropping of investment companies like Fidelity, the group bought into the pitch. Over the next several weeks the group put together approximately $2.3 Million Dollars to invest in this scheme.
The group was told initially that the funds invested were being used to purchase 3 life insurance policies, 2 policies with a $10 Million benefit and one with a $3 Million dollar benefit payout for a total of $23 Million US Dollars. Ultimately, the promised returns never came to fruition.
Later it was discovered that these same Life Insurance Policies were utilized by Lidio Rancharan to bilk investors out $100’s of Thousands of dollars from a separate group of victims in Canada.
Early on in the first few months of the scheme, some or the Washington affiliated investors became nervous and were actually able to withdraw or recover approx. $350,000.00.
When returns did not begin as promised, the group began pressuring the local, Vancouver Washington accomplices who finally admitted that they were not in control of the subject policies. In fact the policies were under the control of “Vault LLC” company that was owned by Mark and Betty Segovia who seem to bounce around from the states of New York, Georgia, Arizona, California to Panama.
Shortly after this realization, in September of 2006 the first of many weekly conference calls were held with Mark Segovia/ZIO Segovia. During these calls Segovia continued promising to make good on the investments with various other “Deals” he was making, always indicating that even though the policies hadn’t been turned over for a profit that they still existed and the investors money was secure.
This was the story from Mark Segovia (Zio Segovia) up until the first months of 2008. It was around this time that the investors learned that Mark Segovia had allowed the all three of the Life Insurance Policies to lapse by failing to pay the premiums. On top of that the Segovia’s “Gutted” the cash value of the policies to the tune of $1,600,000.00 and absconded with the money that was rightly the property of the investors.
Once the investors confirmed and collected sufficient evidence to support their findings, they confronted Segovia, who is currently “on the lamb” residing in Panama acting as a financial consultant for Grupo Bannorth Bank. Once confronted with the overwhelming evidence, Mark Segovia conceded that he had indeed drained the cash value from the policies and allowed all of the policies to lapse. . It was also learned that Bowker was allegedly paid off by Segovia to the tune of $250,000.00 and then fled Washington and started another business in Arizona.
Victims of this scam at one point were advised by the Segovia’s, that they were represented by one Mr. Albert Coleman, an attorney out of the Atlanta area. When contacted Mr. Coleman denied any personal involvement in the scam to the victims, however did supply significant information and documentation as to his role and involvement in the set-up and structure of Segovia’s web of business entities.
As late as January 2009, Mark (Zio) and Betty Segovia continue to make empty promises to return the stolen money. But, it is apparent that all have been just a ploy to stall and put off the investors in hopes that they will not actually take any action and just go away.
International Fraud Alert spoke with an official at the GlobalAdvocates.ch, who advised that they had been brought into the matter by one of the investors to examine the issue from a criminal perspective and attempt to possibly mediate the situation to resolution.
IFA has concluded from the information from various sources that Mark Segovia (Zio Segovia) continues to attempt to entice others from his hideout in Panama City, Panama. In fact it is alleged that Mark-Zio Segovia lives a very highlife on the backs of unsuspecting victims with promises of riches and financial success. Our belief is that Segovia does nothing more than entice, induce and scam unsuspecting victims into being defrauded out of their hard earned money.
In fact IFA has learned that this incident is not the first time that Mark Segovia’s nefarious activities have caught up with him. If would seem that he was party to a legal action in 2004 in Federal Court for allegedly the same type of conduct against a Mr. Peter Fagan and Comanche Investments the court issued a judgment against Segovia for approximately $500,000.00.
Mark Segovia is described as: Black Male, approx. 47 yoa, with a dark complexion, 5’10-6’00 ft tall, 180-200 lbs, likes to dress in expensive clothes and speaks with a slight European/Caribbean accent and a silver tongue.
Betty Segovia: is believed to work as a flight attendant out of the Atlanta area on route(s) between Phoenix and San Diego, CA.
Bottom-line WARNING to the public, BEWARE of Mark (aka: Zio) and Betty Segovia, Lidio Rancharan or anyone associated with them. These crooks will claim to be able to assist you in making large sums of money in their investment programs and it is a scam they will take your money laughing all the way to the bank, leaving you broke.
Note:
{IFA is still in the process of verifying the legitimacy of Grupo Bannorth, Panama City, Panama. All documents executed by Grupo Bannorth have been executed by the below listed entity.}
Grupo Bannorth S.A.
Urbanizacion Marbella
Ocean Business Plaza, 13th Floor, Office 1311
Republic of Panama
Attn: Alexis Vargas
Vice-president and Legal Representative
If you have any information that will assist in the arrest and conviction of these criminals send an email. This case is currently under investigation any and all sworn statements will be taken and appreciated in the pursuit of these Fraudsters! Also please report your case to your local, state and federal authorities. Help us put stop to these scam artists from destroying the lives of anyone else!!
{Allegations are substantiated/evidenced and are on file with an independent investigative entity}
Contact us at [email protected] or email us via our “contact us” page.
Jan
10
Jim Frazier
JIM FRAZIER
IFA: OFFICIAL PRESS RELEASE
DBA: Orbit Petroleum/Pyramid Petroleum
(Operates out of Oklahoma City, Irving/Houston Texas, New Mexico, Calgary Alberta)
Jim Frazier and his companies will steal your money. In this case he defrauded his victim for nearly $200,000.00. Numerous other victims where also taken for nearly $2,000,000.00 (Accused of stealing in excess of two million U.S. dollars) Jim Frazier will promise incredible returns on Oil Well Investments, pocket your money & you will never hear from him again.
Offense Summary:
The Complainant, a resident of the state of Georgia, advises that he was victimized by a subject identified as Jim Frazier, President of Orbit Petroleum (pictured above) at the time operating out of Oklahoma City, Oklahoma. The victim alleges that Jim Frazier did in fact knowingly steal and/or by deceptive means defraud him in the amount of $187,500.00 (One Hundred Eighty Seven Thousand Five Hundred U.S. Dollars).
www.orbitpetro.com
In late 2006, Jim Frazier solicited the victim regarding what Jim Frazier referred to as an incredible investment opportunity in an oil well project located in New Mexico. At the time the victim had been looking for a secure investment to assist with paying for tuition for his two children who were attending college.
Jim Frazier delivered and investment prospectus and supporting geological survey documentation on a particular project he referred to as the “Chavaroo Oil Field” in New Mexico. Over the course of the next several weeks he contacted the victim numerous times by way of phone, fax, email and U.S. Postal Service.
Jim Frazier enticed the victim by promising that there was NO way to lose, as the investment was “full proof”. Jim Frazier assured that leases of the Chaveroo site secured the investment and that the leases value far exceeded the amount of the investment.
The pitch and the prospectus indicated that the investment was divided into “Units” and that each “Unit” had an actual value of $70,000.00. In fact in follow-up correspondence Jim Frazier indicated that each Unit had an actual value of $76,227.00. However, Jim Frazier purported that in order to raise the necessary operating capitol for the bountiful Chavaroo oil field the Units were being offered at a reduced rate of $37,500 each.
Further, Jim Frazier Guaranteed the units were to produce a return of $1,000.00 per month each. Jim Frazier called this investment scheme “OPPJV” (Orbit Petroleum, Partnership Joint Venture). The investigation into this matter has uncovered an important piece to the puzzle in relationship to the value of the “Units” that Jim Frazier represented to the victim.
In February of 2008, a “RICO” lawsuit was filed in the United States District Court in the Central District of California. The complaint surrounds this very same scam that Jim Frazier and his Co-Conspirators played on a separate group of people. The “Complaint” alleges that between April 2006 and July 2006, Jim Frazier was instrumental in the inducement of 16 different victim for a total of $2,288,000.00 (Two million two hundred and eighty eight thousand U.S. Dollars)
In this situation Jim Frazier and company pitched that there existed 100 “Units” in the Orbit OPPJV each having a value of $100,000.00. Ultimately Jim Frazier and his cronies induced these victims into buying a total of 26 “Units” at a price of $88,000.00 each. As in the case with our victim the Federal Court record indicates that the money was converted and stolen, leaving the victims with nothing.
In December of 2006, Jim Frazier had finally convinced the case subject victim that this scam was legitimate and he wired Jim Frazier $187,500 which amounted to his children’s entire college fund. In exchange for this investment the victim was to receive 5 units and immediately begin receiving $5,000.00 a month in returns, but none ever came to fruition.
The Share Price of Orbit Petroleum as of January 2009 was $.07 a share.
By July of 2007, Orbit Petroleum entered into bankruptcy proceedings in New Mexico. Further, at about the same time Jim Frazier sold the Chaveroo oil field Leases that supposedly secured the victim(s) investment to Ridgeway Petroleum, who subsequently changed their name or “EOR” (Enhanced Oil Recovery), for a measly $600,000.00 which amounts to about 6% of the value that Jim Frazier had stated in writing.
enhancedoilres.com
Investigation has shown that Jim Frazier has left a path of financial destruction for numerous individuals and companies. A source at Tipton Oil advised that they had originally had been hired by Jim Frazier to operate the Chavaroo field however Jim Frazier made no real attempt to make the Chavaroo site a legitimate operation and that his claims of the potential production were nothing more than embellishments to entice unsuspecting victims. Tipton also said that Chavaroo had been all but pumped dry and more or less shutdown for lack of production.
Further, the Tipton source stated Jim Frazier defrauded their company out of literally millions of dollars. They also say that once Jim Frazier had begun the bankruptcy in New Mexico, he began selling off assets of Orbit in violation of Federal Bankruptcy Law.
Tipton has filed Lawsuits against Jim Frazier who has been represented in court by a John Green an attorney who works for another oil company called, Pyramid Petroleum.
pyramidpetroleum.com
Pyramid has since hired Jim Frazier as their Cheif Financial Officer.
Tipton oil sources speculate that Pyramid may have become involved with Jim Frazier in order to place themselves in a position to absorb some of Jim Frazier or Orbit’s ill-gotten assets. All attempts to contact Jim Frazier, Orbit Petroleum, Mike Myers (current president of Orbit) and Pyramid have been ignored by all.
www.orbitpetro.com/
A source at GlobalAdvocates.ch advises that they were asked by the victim in November of 2008 to investigate and advocate as his behalf. They believe that the evidence will show that Jim Frazier violated numerous state and federal laws.
Alleged Federal Crimes/Offenses committed*:
Mail Fraud-(Title 18, USC, Section 1341)
Wire Fraud-(Title 18, USC, Section 1343)
Securities Fraud-(Title 28, USC, Section 1658)
Money Laundering-(Title 18, USC, Section 1956)
Tax Evasion-(Title 26, USC, Section 7201)
RICO-(Title 18 USCA, 1961)
Bankruptcy Fraud-(Title 18, USC, Section 157
Bottom-line WARNING to the public, BEWARE of Jim Frazier. This man will attempt to induce you into oil well investments and it appears to be nothing more than a scam! Jim Frazier will take your money laughing all the way to the bank, leaving you broke as he did the victim in this case and numerous others.
Jim Frazier is described as follows:
Race: Caucasian, ruddy/pasty complexion
Height: 5’10-6’00
Weight: 210 lbs
Build: Stocky
Age: 45 yoa
Red Hair & Blue Eyes
If you have any information that will assist in the arrest and conviction of this criminal, or if Jim Frazier too has victimized you, send us an email. Also, please report your case to your local, state and federal authorities. Help us put stop to this scam artist from damaging anyone else!!
{Allegations are substantiated/evidenced and are on file with an independent investigative entity}
Contact us at [email protected] or email us via our “contact us” page.
Oct
24
JOE & FRANK BRITTON of FLORIDA-DEFRAUD ELDERLY VICTIMS!!!!
FLORIDA FATHER & SON TEAM DEFRAUD ELDERLY NEW JERSEY MAN IN OIL & GAS INVESTMENT SCHEME.
Team Now Operating in Florida & Texas
A 79 year old resident of New Jersey has been identified as the victim of fraud perpetuated upon him by Joseph “Joe” Frank Britton Sr, Joseph “Frank” Britton III, Dennis Timpe and Francine Britton (now deceased). The investigation shows between September 2008 and December of 2010, the victim invested Nine Hundred and Fifty-Eight Thousand Dollars in a company called GlobalTec Energy Corp. Joseph F. Britton of Holiday, Florida is listed as GTEC’s CEO; he is also listed as GlobalTec Intellectual Properties (GTIP) CEO. Frank Britton of Wesley Chapel, Florida is listed as Associate/Consultant with GTEC. Investigators found Joe Britton sold the victim stock in a series of shell corporations, which existed only on paper.
In April of 2008 the victim was contacted by Dennis Timpe, a broker with TD and Associates, Inc., Yorba Linda California. Timpe recommended GlobalTec Intellectual Properties/GlobalTec Energy Corp as a good investment opportunity. Timpe specifically referenced GlobalTec earnings for clients investing more than $25,000 in NRG Corporations. Among the materials found after the victims death was a joint “Press Release” from Dennis Timpe & Global Intellectual Properties Corp (GTIP), inviting “clients” an opportunity to receive a Confidential White Paper on “Owning A Natural Gas Company”. On July 23rd, 2007 T.D. & Associates, Inc. & Dennis Timpe were issued a “Desist & Refrain Order” by the State of California for violations of sections 25110 and 35401 of the California Corporations Code. In April, 2005 the Alabama Securities Commission issued a Cease and Desist Order against T.D. & Associates, Inc. & Dennis Timpe in connection with oil & gas investments. In November of 1998 the State of Wisconsin issued an order prohibiting Dennis Timpe and T.D. & Associates, Inc. from offering or selling securities unless registered in that state. Wisconsin authorities found five prior orders involving alleged violations of securities laws issued by regulatory agencies in the states of Maine, Montana, Minnesota and Pennsylvania against T.D. & Associates, Inc. and Dennis Timpe.
Shortly after Timpe contacted the victim Joseph Britton began calling the victim encouraging him to invest in GTIP’s new business model, purchasing a Black Gold “NRG” oil company from GlobalTec Intellectual Properties.
From September 23, 2008 through January 29, 2010 -GTIP/GTEC sold five “NRG” Corporations to the victim for $258,000. The corporations were registered in The Commonwealth of Virginia; Francine Britton was listed as the resident agent.
A review of the investment transactions the victim made after January 29, 2010 shows a different investment pattern. The victim’s poor health and age allowed Joseph & Frank Britton to gain his trust, and to take advantage of that trust. Using a myriad of shell companies & structures the Britton’s were able to entice the victim to invest in, High-Side Oil & Gas Production Purchases which were reported to be lucrative but with a higher risk.
From April 10, 2010 to December 9th, 2010 the victim was pressured by Joe & Frank Britton to invest $ 700,000 in this fraudulent investment scheme. To support the scheme, in 2009 GlobalTec Energy Corp began sending the victim checks reported as earnings on his various NRG Corporations. A total of $77,608.94 was paid to the victim as earnings on investments by Global Tech Intellectual Properties and GlobalTec Energy Corporation, which is typical in what is commonly known as a “Ponzi” investment scheme.
A Doctor who cared for the elderly victim described his condition during this period stated, “Based on his poor physical health, he would not have been able to participate in complicated business transactions.” The allegations are that the Britton’s were very much aware of the victims declining health and used it to further take advantage of the man.
GlobalTec is a privately held company, in order to complete their obligations under the contracts they signed with the victim they would have to contracts with other partners or own lease rights to oil and gas production sites. GlobalTec Energy Corp is not known in the oil & gas industry, no contracts or vendors were found and GlobalTec Energy Corporation does not own lease rights to oil and gas production sites.
GlobalTec Energy Corps original webpage listed 1225 Banks Ridge Road, Tazewell, VA. as its corporate address. The phone number listed was 276-472-2122 (now disconnected). The property at 1225 Banks Ridge Road was sold in a Trustees sale on 12-15-2011. GlobalTec Energy Corp now lists its address as 3125 Shipwatch Drive, Holiday, FL. Phone 727-934-7179.
Joseph Britton advertises himself as an executive with 30 years experience as an independent financial and business consultant. He lists no experience in the gas and oil business. However, he is listed as the CEO of GTIP, GlobalTec Energy Corp and the Business Manager of Enerops LLC (an oil & gas operating company in the State of Oklahoma. Enerops LLC., advertises that it operates leases and wells owned by GlobalTec Energy Corp, in the State of Oklahoma. Enerops LLC. is registered as a Domestic LLC in Oklahoma. It was formed on 11-12-2008 and lists its address as 908 E. Grand Ave., Tonkawa, OK 74653. Enerops LLC exists only on paper it does not operate in Oklahoma.
To date – GlobalTec Energy Corp has not produced evidence showing ownership of wells and/or lease agreements with drilling operators. The Britton’s paid the victim earnings on his NRG investments from the victims continuing purchases of additional NRG LLC or amended rollover agreements. When the victim died and the money stopped, GTEC left Virginia
Joseph Britton is still operating GlobalTec Intellectual Properties Corp. He is now associated with Florida International Funding Group LLC, International Funding Group LLC- registered in Florida, and a series of Domestic NRG companies; NRG 7061 through NRG 7068 all registered in Texas. Frank Britton is the sole corporate officer of FB3AJB LLC an active Florida Corporation. Frank Britton lives with his wife Amy who has a degree in Nursing in Wesley Chapel, Florida and is closely associated with the Wesley Chapel Athletic Association. He sits on their executive board and coordinates Lacrosse tournaments.
For additional information about this incident or if you are or know of additional potential victims of the alleged suspects please contact this forum.
Feb
14
David Earl Roper
Scam Alert David Earl Roper
(Alleged accomplices: Paul & Larry Roper, Michael Adams)
DBA: Signature Industries, Inc. (a defunct Wyoming company)
(Operates out of Dallas County Texas)
David Earl Roper will steal your money. In this case he defrauded $40,000.00 from an elderly WWII Veteran. David Earl Roper will promise incredible returns on oil well investments, pocket your money & you will never hear from him again.
Offense Summary:
The Victim, Mr. Williams a senior citizen and a resident of the state of California, advises that he was victimized by a subject identified as David Roper, DBA; Signature Industries, Inc. at the time operating in Irving, Texas. Mr. Williams alleges that Roper did in fact knowingly Steal and/or by deceptive means defraud him in the amount of $40,000.00 (forty Thousand U.S. Dollars).
On or about the first week of December 2006, Mr. Williams received a phone call from a man who identified himself as David Roper. Roper stated that he was the Vice President of a company out of Texas called Signature Industries, Inc. Roper talked/enticed Mr. Williams into mailing him a check for $25,000 as an investment in a highly productive oil well project he was working on. Roper promised monthly updates on Williams’s investment and that the investment was fool proof with excellent returns.
When no updates were given, Williams over several months attempted to contact Roper who gave excuses and avoided his phone calls. Finally in July of 2007, Roper called Williams and advised that the oil wells he had first invested in weren’t producing. But, he had other wells that were highly productive and with a larger investment Roper would switch the investment to the new wells. He talked Williams into mailing him another check for $15,000.
A short time after he had taken the victim’s money for a second time, all of Roper’s phone numbers were disconnected. Williams then realized he had been a victim of fraud and that Roper had stolen his money.
Investigation has determined that Roper has been involved in this type of “business” for several years. He has been partnered up with Larry and Paul Roper who are believed to be his brothers and Mike Adams an old high school buddy.
Roper’s company Signature industries, was originally opened by a subject by the name of John Harris. According to Wyoming officials this company became defunct in May of 2006 more than six months prior to Roper soliciting and inducing the elderly victim in this case. Roper has operated several companies in the greater Dallas area: Roper Adams Marketing Group, David Roper and Associates to name a couple.
Roper has utilized websites (www.signatureindustries.net– now deleted) to promote his fraudulent activities and references other legitimate oil companies such as Venture Oil and Gas, Rockland Oil, JP Exploration and Gordon H. Johnson as references.
At the time of this incident, David Roper was conducting his nefarious business operations at an office building located at 4322 North Beltline Road Suite# 212-B Irving Texas. A source at the management office for that building advised that Roper and his associates moved out of the building owing in excess of $25,000.00 in delinquent rent. They also indicated that the Texas SEC had served them with a warrant for the records of the tenants at that time.
FRAUD ALERT has learned from Dallas County Court Records that David E. Roper 01/27/74 has arrest records on file. One such record reflects a charge of Theft involving bank checks.
A source at the Secretary of State’s office indicated that as of March 2008 Roper was using a POB of 202613 Arlington Texas and a physical address of 6018 Brenhaven Rd. also in Arlington.
A source at Global Advocates (globaladvocates.ch) advises that they were asked by Mr. Williams in March of 2008 to investigate and advocate as his behalf. Further, GA advises that since April 2008, Roper has promised time and time again to make good on the $40,000.00 by way of a Forced Loan payment program. However, continues to stall by introducing as many as three different attorneys into the picture apparently to stall and delay finalizing a re-payment agreement.
Roper has indicated time and time again that he was selling legitimate oil wells to the victim. However, he refuses to produce any sort of documentation to support the legitimacy of what he sold Mr. Williams.
Bottom line WARNING to the public, BEWARE of David Earl Roper. This man will attempt to induce you into oil well investments and it appears to be nothing more than a SCAM! Roper will take your money laughing all the way to the bank, leaving you broke as he did the senior citizen in this case.
David Roper is described as follows:
Race: African American
Height: 5’09-5’10
Weight: 280 lbs
Build: Stocky/Heavy Set
Age: 34
Alleged Crimes/Offenses committed:
Theft by Deception,
Investment/Securities Fraud,
Unfair Business Practices,
Tax Evasion,
Money Laundering
If you have any information that will assist in the arrest and conviction of this criminal, or if you too have been victimized by Roper please Help us put stop to this SCAMMER from damaging anyone else!!
If you should have any additional information regarding the fraudulent activities of Roper we urge you to contact the authorities and this forum.
{Allegations are substantiated/evidenced and are on file with an independent investigative entity}
