Re: USFIA the new bomb. Creators of gemcoin
USFIA puts up a PDF file, took pictures of the PDF files on the monitor, post those, and claims these are "screenshots" that proves their cryptocurrency's blockchains are working.
A (MLM) Skeptic: USFIA Update: Who are they trying to fool with these "screenshots"?
Re: USFIA the new bomb. Creators of gemcoin
The Gemcoin fraudsters have been dragged, kicking and screaming, into the public spotlight.
FoxNews.com is reporting:
http://imageshack.com/a/img661/1373/NHfQhj.jpg
You can read the original article here on FoxNews.com
Re: USFIA the new bomb. Creators of gemcoin
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Re: USFIA the new bomb. Creators of gemcoin
It appears the inevitable has happened,
It's being reported by Sierra Madre Tattler
Attachment 12196
Updates to follow
4 Attachment(s)
Re: USFIA the new bomb. Creators of gemcoin
The Sierra Madre Tattler has managed to obtain copies of the bank account seizure documents showing just how complex unravelling the Gemcoin business will be.
Attachment 12197
Attachment 12198
Attachment 12199
Attachment 12200
You can see the original article here at sierramadretattler.blogspot
Re: USFIA the new bomb. Creators of gemcoin
this fraud is far bigger than anyone imagined.
Re: USFIA the new bomb. Creators of gemcoin
Steve Chen has been at it at bit longer than PMX, IIRC. Amkey was circa 2003, and before then Steve probably did some some honest real estate REIT and such.
Somewhere between 1993 when he supposedly left (fled?) China and 2003 he went over to the dark side... or perhaps he always was at the dark side.
I can't find much on Steve between 1993 to 2003. There's a Bloomberg profile on "Steve L. Chen" VP of ASPAC Communications. This matches our Steve perfectly:
"Mr. Steve L. Chen has been Vice Chairman of the Board of Directors at ASPAC Communications, Inc. since February 2000. Mr. Chen has extensive experience in developing telecommunication projects in China. Prior to joining ASPAC, Mr. Chen was, until 1996, Vice Chairman of the Board of AMTEC, Inc., a publicly traded communication system company. Mr. Chen was instrumental in helping AMTEC secure multimillion-dollar annual sales to the China market. Mr. Chen began his China telecommunication career in 1987 after joining Beijing Catch Communication Group ('Beijing Catch') and became its Chief Executive Officer in the early 90s. During that time, he helped Beijing Catch to grow into one of the largest nationwide paging companies. He was also instrumental in the start-up of China United Telecommunication Co. ('China Unicom') and served as one of its founding Directors of the Board. China Unicom is currently the second largest telecommunication carrier in China. Prior to Beijing Catch, Mr. Chen was a Project Manager with China International Trust Investment Co. (China's largest investment company) and oversaw investments in telecommunication projects. Mr. Chen received his BS degree in Mathematics from Beijing Institute of Technology in 1982."
Steve L. Chen: Executive Profile & Biography - Businessweek.
Re: USFIA the new bomb. Creators of gemcoin
So now we have a solid history of Steve Chen, from him leaving Beijing Institute of Technology and gone into investing, then back to telecom as head of Beijing Catch Paging, then left China under strange circumstances in/about 1993, joined AMTEC (?) then ASPAC Communications, then founded Amkey in 2003, NGN Talk in 2008, USFIA in 2013, rebranded Gemcoin in late 2014.
So here's the final chapter (?) of Steve Chen being written now...
Re: USFIA the new bomb. Creators of gemcoin
The San Gabriel Valley Tribune has picked up the story and is reporting:
http://i61.tinypic.com/e12rsl.jpg
You can read the original article here on the San Gabriel Valley Tribune.com website
Re: USFIA the new bomb. Creators of gemcoin
Re: USFIA the new bomb. Creators of gemcoin
The fallout from the SEC closure and prosecution of those behind USFIA / Gemcoin continues.
Pasadena Star News is reporting:
http://imageshack.com/a/img908/9975/tSjTwH.jpg
You can read the original article here on pasadenastarnews.com
Re: USFIA the new bomb. Creators of gemcoin
Re: USFIA the new bomb. Creators of gemcoin