WORLDWIDE MARKETS Ltd.

Worldwide Markets

{ Victim/investors are 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 I also requested that all cash be withdrawn and returned to me.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-related to WWM and associated entities:

Arthur Dembro

 

 

 

 

Arthur J. Dembro – Chief Financial Officer

 

 

 

 

 

Thomas F. Plaut  – Chairman & CEO;

 

Justin Liva

 

 

 

 

Justin T. Liva – Chief Operating Officer

 

William O'leary

 

 

 

 

William G. O’Leary – Chief Revenue Officer

 

Ronald Andriulli

 

 

 

 

Ronald J. Andriulli – Chief Technology Officer 

 

Edward Liva

 

 

 

 

Edward L. Liva – Chief Legal Officer

 

Joseph Trevisana

 

 

 

 

Joseph Trevisana – Chief Marketing; Strategist 

 

Steven F. Santamouris

 

 

 

 

Steven F. Santamouris – Chief Development Officer

 

Bassam Maalouf

 

 

 

 

Bassam  Maalouf – Managing Director – Middle East

 

James St. Clair

 

 

 

James St. Clair-Director View Trade Securities LLC

 

 

 

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

 

TAB Networks, Inc.Florida-USA [Inactive]

ARTHUR DEMBRO-Director

THOMAS F. PLAUT-Director

 

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

ARTHUR DEMBRO-Director

JUSTIN LIVA-Vice President

THOMAS F. PLAUT-CEO

EDWARD LIVA-Compliance Officer

MOHAMMAD SULEMAN SIDIKI-Forex Trading Officer

 

Worldwide Markets Online Trading Limited-UK

EDWARD LIVA-Director

ARTHUR DEMBRO-Director

THOMAS F. PLAUT-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] or call (US) 240-232-2001

 

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,

Aaron Dale Milton {Glenwood Springs Colorado USA}

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] or call (US) 240-232-2001

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’s principle accomplice and co-conspirator has been identified as 41-year old Aaron Dale Milton of Glenwood Springs Colorado USA.  MILTON facilitated the formation of the Colorado domiciled [LLC] company GNT GROUP Ltd. [Company Reg.#20161567316]  in August of 2016, which was used to open bank accounts in Colorado 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] or call (US) 240-232-2001

EMPIRE HYDROGEN {Investors Cautioned}

EMPIRE HYDROGEN ENERGY SYSTEMS INC

Empire Hydrogen Energy Systems

{Investors claim capital stolen from previous venture “Marenor Fish Ranches Inc”.}

 

It is alleged that, In 1986 Tjelta was raising funds for a startup, “Marenor Fish Ranches Inc., Langley, BC Canada”.  In his business dealings with potential investors Tjelta represented himself as a trustee for the safekeeping of funds for the fish ranch project.  Tjelta has a history of developing and raising funds for startup projects.

Sven Roy Tjelta

  • Sven Roy Tjelta – (CEO/President of Empire Hydrogen Energy Systems) –
  • Past President – Marenor Fish Ranches Inc.  #101-20644 Eastleigh Cresent, Langley, BC Canada
  •  Sven O. Tjelta aka: Roy Tjelta vs. Hai Yan Wang: Accused of Fraud in Business       Dealings (Supreme Court British Columbia)

 

Empire Hydrogen Energy System’s Inc. website describes Tjelta as a management consultant with broad theoretical knowledge and diverse practical experience.  “As an entrepreneur Mr. Tjelta has owned and successfully operated businesses in the following sectors:  auto collision repair, real estate, construction, a health care facility, industrial electronics services, mortgage business, bio-medical technology, mergers and acquisitions, initial public offerings (IPOS), private placements, medical care clinics, debt counseling and marriage counseling.”

What is not transparent is that Roy Tjelta has been involved in many business ventures that have failed in which he has been accused to have mismanagement or misappropriated investor funds.

According to investors, “Marenor Fish Ranches Inc.” was a startup project for which Tjelta was in charge of raising funds and eventually preparing the company for an IPO.  Investors were promised “Marenor Fish Ranches Inc.” would be a “turnkey” operation.

Investors were given “Subscription Forms” to purchase shares, “Pooling Agreements”-are a contractual arrangement by which corporate shareholders agree that their shares will be voted as a unit. Therefore, a voting trust is created between a group of stockholders and the trustee to whom they transfer their voting rights. “Contracts” for construction along with specific details regarding compliance and other documents were issued in order give the appearance and legitimize their investment.  The shares purchased were to be held in “trust” by Marenor’s Registrar and Transfer Agent (Tjelta) until Marenor became a reporting company and the Superintendent of Brokers of British Columbia authorized the release of Peterson’s share certificates.

Audit Findings – As a result of the dismal cash position of Marenor, the Board of Directors requested an audit of the company be conducted. This was accomplished by Chambers, Phillips & Company, Chartered Public Accountants, 950-409 Granville Street, Vancouver, B.C., Canada, V6C 172.

In a letter to the shareholders of Marenor they stated, “As disclosed in Note 3 to these financial statements, management has recorded an account receivable of $267,028 owing from a former president (Tjelta) of the company and/or a company controlled by him.” Actually, the audit found that Tjelta had converted, for his personal use; over $400,000 during the time he was President of Marenor, of which $267,028 is outstanding.

Details of disallowed expenditures are listed within the investigators report held as evidence. Tjelta – the former president – could not/and did not pay this receivable back.  In addition, Tjelta was not authorized to ‘borrow’ funds from Marenor.

As a result of the audit findings, on July 9, 1989, “Marenor Fish Ranches Inc.” issued a letter to   the investors stating in part;  “The Company has not been successful in its efforts to get into the business as originally intended. The original funding has been depleted and further funding not found. There are account payables that cannot be paid. Most important, the eight payments of $26,250 due to commence on June 30,1989 (Total -$210,000) to Marenor A.S., to retain the license to use the Marenor  salmon farm system are in default, as legal notice has been served on the company, giving 20 days to have the default remedied, and the license is therefore about to be canceled.”  Thus notifying investors the company could not pay its bills, and their investment is lost.

Rather than trying to reach a compromise with Marenor Fish Ranches Inc. principals and investors at even 10 cents on the dollar – Roy Tjelta filed for Bankruptcy protection on September 6, 1991  evidentially to avoid paying the investor back what was owed them.

Roy Tjelta past Practices – It appears Tjelta has left a trail of other victims from other investment deals gone wrong.  He was sued in Bellingham, Washington on April 25, 1989 for fraud.  The case was dismissed on August 1, 1997. This was detailed in a Private Investigator’s report dated June 25, 1997.

In 2012 Tjelta filed suit against Hai Yan Wang, a Chinese national, saying he was defamed by Wang in a series of emails she sent to Tjelta’s business associates, detailing his fraudulent business practices. The court eventually found for Tjelta and awarded him $20,000.  The case file details numerous accusations against Tjelta for deceptive business practices and fraud which Wang could not support.

Currently Tjelta is working to raise investor money in his latest endeavor – “Empire Hydrogen Energy Systems Inc.” (http://empire-hydrogen.com/).  The current management team and investors do not appear to be aware of past indiscretions.

Due diligence highly suggested prior to investing with Tjelta or his company(s).

If you have additional information please contact this forum.

{Allegations have been substantiated/evidenced and on file with an independent investigative entity}

LINKS to additional information:

https://opencorporates.com/officers?jurisdiction_code=&q=Sven+O.+Tjelta 

https://app.justis.com/case/sven-o-tjelta-also-known-as-roy-tjelta-v-hai-yan-wang-also-known/overview/c5KZn0ato1Wca

ALL PARTIES ARE INVITED TO RESPOND & BE AFFORDED AN OPPORTUNITY TO RESOLVE DISPUTES VIA AN INDEPENDENT MEDIATION PROCESS

BSDOPTIONS-“PONZI” Scheme

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:

BSD Options www.bsdoption.com
Lybss Limited
Grey Mountain Management
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] or call (US) 240-232-2001

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.

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

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

Luis Ernesto Garcia-Porras – Steals Millions in Phony Timeshare Scam {Encanto/El Faro-Playa Del Carmen}.

Playa Del Carmen, Mexico (2014)

Luis Ernesto Garcia Porras, Jacque (Jack) Legault, Lucy Paredes – steal millions in phony Timeshare Scam.

{Additional Sales Staff: Foster Cannon, Erin Soncin}

Luis Garcia -Salomonjabez Hospitality Group

Luis Garcia-Porras

Luis Garcia-Porras

CEO at Encanto Resorts
August 2006 – Present (7 years 4 months)
Location: Mérida Area, Mexico
Industry: Leisure, Travel & Tourism

CEO at Salomonjabez
Privately Held; 1001-5000 employees; Sporting Goods industry
January 2003 – Present (10 years 11 months)

Past: President at INVESTVALUE
January 2003 – March 2006 (3 years 3 months)

Education: Cornell University

Through their operations – Selective Escapes (Encanto Private Residence Club) headquartered at the EL FARO Condominium Hotel in Playa Del El Faro HotelCarmen, Mexico; Garcia-Porras, Legault and others sold property they did not own, sold timeshare packages without legal authority and pocketed the monies received.

Hundreds of victims to this fraud have come forward and some are banding together to take legal action against these operators.

(The EL FARO Condominium Hotel is comprised of 64 luxury condo-hotel suites with views of the Caribbean Sea and direct access to nearly 250 feet of beachfront.)

Here is how it worked: Garcia-Porras operated a timeshare management business called Selective Escapes Collection S.A.de C.V. (aka: Encanto Private Residence Club). The original developer of EL FARO Condominium Hotel was Cantex Enterprises S.A. de C.V.

Alexander Bykovets-Cantex Group

ALEXANDER BYKOVETS-Cantex Group

The principles of Cantex Enterprises are Alexander Bykovets and Robert Burnside, both identified as residents of Calgary Alberta Canada. {A new player is now listed as part of the “Cantex Family”, Simon Vinnik-“President and Board Member”.}

Cantex indicates an address of:

#100,15320 Bannister Rd., S.E.,

Calgary, Alberta ,T2X 1Z6
Phone Number: +1.403-225-2043

The company has also launched a new website:

http://www.cantexfund.com/ {aka: Cantex Acquisition Fund LLC} Which indicates seeking investors for projects located in Atlanta, Georgia USA.

Bykovets & Burnside, representing Cantex Enterprises entered into an agreement with Luis Ernesto Garcia-Porras & Selective Escapes (Encanto Private Residence Club) to act as the primary booking agent for the EL FARO Condominium Hotel during and after construction.

In late 2008 Encanto began selling timeshare packages for the EL FARO. Using mostly children to hand out flyers – victims were lured into timeshare presentations at the EL FARO.  ENCANTO operated for years selling timeshares they had no intention of honoring. In fact the scenario described next was part of an elaborate scheme to defraud unsuspecting timeshare purchasers.

A typical purchase would combine a number of Encanto weeks for use at the El Faro along with other weeks at other properties operated by ENCANTO or their partners, always based on availability, for a total of so many (?) weeks annually, each sale was different.

To further lure and entice the victims the sales staff would offer to purchase back some portion of victims unused timeshare weeks for a certain amount of money, usually $2,500 to $3,000 per week for their unused weeks.

Selective Escapes sold timeshares to condos they were not authorized to book, double or triple booked condos they were authorized to book and defrauded the condo owners by either not paying them for the bookings or only returning, to the owners, a small portion of the rental fees received.

Global Marketing Connections was usually the company ENCANTO would push to rent the victims unused weeks for around $3,000 per week, promising to return 80% of the monies to the victims while keeping 20% for their operations. Then ENCANTO, through its scam partners i.e. broker partners, would charge the victim’s credit card large amounts in maintenance fees that were to be reimbursed when a victims weeks were rented – these promised reimbursements never happened.

In numerous cases Timeshare Purchasers report they were charged large fees for weeks they were never able to use and promised rental fees which they never received.

In other cases the victim(s) were sold the Penthouse Condo{Surf 408}, at the El Faro as a profit sharing condo (all inclusive including maid service) – everything was included at no additional expense to them. The victims were told part of their purchase was for 26 residence weeks and 26 ENCANTO weeks.

The residence weeks were the weeks they could stay in the Penthouse and the ENCANTO weeks were weeks they could use at other ENCANTO properties around the world – the cost at these other properties would be only $149 per stay. Victims were promised when they were not staying at the Penthouse – Global Marketing Connections would market and rent out the Penthouse for $3,000 per week – the victim’s share of the rental was to be 80% – which they never received. One specific victim ‘purchased’ the Penthouse Condo for more than $385,000 (US).

Besides all of the other issues involved in the EL FARO timeshare scams the most blatant issue here is that ENCANTO did not own any property it sold to the victims – ENCANTO just simply stole their money.

Eventually the Home Owners Association fired Selective Escapes but that did not solve the problem. Selective Escapes rented the Penthouse Condo from its owner and rented another condo (from its owner- effectively bypassing the HOA) and continued to sell timeshares out of the hotel under the name FunSeason- using the same people. The group still operates in the area, using a variety of methods to lure the unsuspecting tourists into their scam.

The Mexican authorities are aware of this group and its activities. Also, a group of victims’ have started a lawsuit against Garcia – Porras and his companies.

If you have additional information to include the location of the suspects listed herein, please contact this forum at [email protected].

{Allegations are substantiated/evidenced and are on file with an independent investigative entity}

 

 

Timothy “Michael” & Jack DeAngelis

Warning Ongoing Allegations for Financial Fraud against-http://www.silverdreamboxingcorp.com/

Timothy “Michael” DeAngelis

 2006 Booking photo

Timothy “Michael” DeAngelis

It would seem the DeAngelis Brothers Crime Family knows no bounds!!!

Over and over again these Scam Artists continue their rein of Financial terror on unsuspecting victims.

They operate their crime syndicate all around the county, New York, Florida, Nevada!!

The original complaint against this crew began in 2008 when a 66-year old Michigan victim contacted our group to request our assistance in investigating James and Timothy DeAngelis for defrauding him out of more than $165,000.00.

The investigation uncovered a myriad of sham companies formed by the brothers to facilitate their fraudulent conspiracy.

“Fighting for Silver”

E&J Equity Group,Inc.,”

“Golden Silver Opportunities, LLC.”

“International Rarity”

“American Precious Metals”

James DeAngelis took a plea agreement in 2011 in federal court in New York and is serving time in Federal Prison for his involvement, while Timothy AKA: Michael DeAngelis, and their Brother John Aka: “Jack” DeAngelis, run a radio show allegedly out of Las Vegas, Nevada called “The Collectors Coach” enticing people into investing money with them for what amounts to worthless amounts of silver coins.

Timothy/”Michael” DeAngelis current

(courtesy of LinkdIn)

If you suspect you have been enticed and/or defrauded by Timothy, Michael or Jack DeAngelis we urge you to contact this forum.

Jack DeAngelis

See links below for additional information about these fraudsters.

http://www.justice.gov/usao/nys/pressreleases/January12/deangelisjamessentencingpr.pdf

http://www.ripoffreport.com/r/jack-deangelis/las-vegas-nevada-89121/jack-deangelis-the-collectors-coach-show-liar-scam-fraud-deception-rip-off-las-vegas-713824

http://www.youtube.com/watch?v=rQ3dNzHj_ak

http://www.youtube.com/watch?v=CeTBTrj_N0M

http://www.athensnews.com/ohio/article-18182-three-men-arrested-for-allegedly-trying-to-pull-off-check-scam.html

http://articles.mcall.com/1995-07-21/news/3053461_1_gold-coins-brothers-fraud-charges

WE URGE YOU TO CONTACT US!!!

For more information or to report a fraud you or someone you know has suffered from these people email us at:

[email protected]

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