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Thread: USFIA the new bomb. Creators of gemcoin

  1. #1
    xanderusa is offline Junior Member
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    Thumbs up USFIA the new bomb. Creators of gemcoin

    Hi guys.. After having receive this incredible offer I was dazzled at the first time, but didn't find any reliable info more than pure hype ads out there. So I wonder if you are able to tell me if this company is that true as they claim to be.

    The company is USFIA:

    [I]USFIA INC. is founded and owned by the US China Consultation Association, specialized in gem mining and processing, headquartered in Los Angeles, California. Through e-commerce and franchising, we provide our global consumers and operators with genuine AMN amber products.

    USFIA is a global company who owns several large mines in the world including amber mine, Blue Larimar mine and Rhodochrosite mine in Dominica and Argentina. We also have branch and jewelry processing center in Dominica.

    Our Jewelry Design Center is located in Los Angeles; we will work with the world-class jewelry designers for our jewelry collection AMN to create stylish, upscale, classy jewelry products.

    USFIA will always focus on meeting our customers’ needs. To our customers, AMN collections are not just high quality jewelries but also good investment.[/I

    But here it comes the incredible thing. They promise you to DOUBLE as an almost an interesting 200% of your first investment which starts with a deposit of $1.000 and you will receive an ambar gem and $500 of gemcoin.. At this day a gemcoin is equal to $0.11 and it depends on how many points they sell around the world. Experts say it is going to replace the gold. The earnings are supposedly coming from several jewelries they own and a blue ambar too in Dominican Republic.

    They made up a mlm system to commercialize this company offering opportunities as investor and/or promoter. Promoters earn succulent commissions as well as investors. However, the earnings are in "gemcoin" an electronic coin they invented, so to convert them in dollars one had to sell them to them again and they will send you a check to be deposit in your bank account. And in regarding the gem the investors get for their let's say $1.000, they have to sell them too to convert it into dollars...

    The company has an agreement with the United States and they have offices here.

    http://www.usfiainc.com

    This company was born 4 years ago but only in 2013 their plan started to be on the scene and now is on the rage.

    What's your take on it?

  2. #2
    Soapboxmom's Avatar
    Soapboxmom is offline Administrator
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    Re: USFIA the new bomb. Creators of gemcoin

    Double? If it was such a sure thing they would not be sharing it with you as they could make a killing by getting this deal financed themselves.

    Do you really believe the amber is worth anywhere near what they claim? And, who are these experts that promise this "gemcoin" is going to replace gold.

    Hang on to your pocketbook and run fast and hard!

  3. #3
    Whip's Avatar
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    Re: USFIA the new bomb. Creators of gemcoin

    Quote Originally Posted by Soapboxmom View Post
    Do you really believe the amber is worth anywhere near what they claim?
    Seemed to be on Warehouse 13. lmao

  4. #4
    path2prosperity's Avatar
    path2prosperity is offline Elite Scambuster
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    Re: USFIA the new bomb. Creators of gemcoin

    The most sensible way to get reliable information regarding this claim is to contact an extremely prestigious International journal. The publication "The Mining Journa"l and ask for a comment. The publication was around in 1967 when I ran advertisments for geoligists in it. The publication is regarded as "the mining engineer's bible." It is International so bluff from any country would not wash. The Mining Journal http://www.mining-journal.com/

    QUOTE

    USFIA INC. is founded and owned by the US China Consultation Association, specialized in gem mining and processing, headquartered in Los Angeles, California. Through e-commerce and franchising, we provide our global consumers and operators with genuine AMN amber products.

    USFIA is a global company who owns several large mines in the world including amber mine, Blue Larimar mine and Rhodochrosite mine in Dominica and Argentina. We also have branch and jewelry processing center in Dominica.
    Last edited by path2prosperity; 11-27-2014 at 06:35 PM.

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    NikSam is offline AntiCon Artist
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    Re: USFIA the new bomb. Creators of gemcoin

    Haha, will they buy my entire collection of Baltic amber insects for even half a price they state for amber on their site ?

    Those prices are at least 10x.

    If you want amber you can buy high quality dominican on ebay, baltic might be harder because of export restrictions and limited amounts.

    "The company has an agreement with the United States and they have offices here."

    What the hell it even means ?

    USFIA_compreg.jpgUSFIA_whois.jpg
    Last edited by NikSam; 11-28-2014 at 12:09 AM.

  7. #7
    littleroundman is offline Administrator
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    Re: USFIA the new bomb. Creators of gemcoin

    Err.....can we all say
    "deceptive or inaccurate income claims"

    The only thing necessary for the triumph of evil is for good men to do nothing

  8. #8
    littleroundman is offline Administrator
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    Re: USFIA the new bomb. Creators of gemcoin

    Oh-bloody-dear,

    now we're getting into Twilight Zone amber as well.

    Take a look at some of the stuff on the ambrefrance French USFIA website





    How excellent, a HYIP ponzi / pyramid selling overpriced witchdoctored amber while making outrageous income claims.

    THAT'S something you don't see every day
    The only thing necessary for the triumph of evil is for good men to do nothing

  9. #9
    Whip's Avatar
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    Re: USFIA the new bomb. Creators of gemcoin

    We could list many other therapeutic properties, real or illusory
    when do you think they'll start actually listing real ones? LMAO!

  10. #10
    Lorry Driver is offline Junior Member
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    Re: USFIA the new bomb. Creators of gemcoin

    They are now in Malaysia too. Getting hot and confusing the investor that are not sophisticated in laws and understanding of bank guarantees. The promoters in Malaysia is telling everyone that they are a strong company financially supported with bank guarantee from reputable bank. But they blank up the name of beneficiary> I cant find anyway that says that they are secured by this bank guarantee.

    cheat 1.jpg

    I believe is criminal offence to push financial papers that does not belong to them. The bank guarantee is in foreign language and that is what they are using to confuse the investors in Malaysia. They are to trust the promoters interpretation. I not even sure if it is a bank guarantee. Blank up with marker pen should put everyone on notice something is not right. And all bank guarantee should have an amount stated in the bank guarantee.
    Last edited by Lorry Driver; 03-14-2015 at 07:43 AM. Reason: grammar error

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    Lorry Driver is offline Junior Member
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    Re: USFIA the new bomb. Creators of gemcoin

    cheat 2.jpg

    In Malaysia, they are marketing the product in a multi level program. And if it is multi level program, you need special license in Malaysia to operate. They did not get such license. And they do not have an official business office. Nor did they get tax file in Malaysia to do business in Malaysia. They are hiding and operating without proper license. And they come out in the open with all mighty license with this BILL from US that legitimate themselves to operate. What a joke. I am okay with the bill but I am finding it difficult that they can pass on the bill to legitimate their operation. It is like, because our government approve me consume water , it ALSO approve me to sell water at exorbitant price. Nor did the government approve me to use water to drown people. That is how widely different between a general bill than a bill to operate a business in a scam.
    Last edited by Lorry Driver; 03-14-2015 at 08:01 AM. Reason: grammar error

  12. #12
    Lorry Driver is offline Junior Member
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    Re: USFIA the new bomb. Creators of gemcoin

    They are claiming that their company is own by AFG. But they are a few AFG in town. their AFG is incorporated in the State of Delaware, USA in 2002, Alliance Financial Group (AFG) is a multinational private equity investment company with its headquarters in Los Angeles, California not involve in insurance. They are an equity house.

    And they position in Malaysia as the AFG that is big and listed in US. Misrepresenting the unknowingly.

    American Financial Group, Inc. is a holding company that, through subsidiaries engages primarily in property and casualty hnsurance, focusing on specialized commercial products for businesses, and in the sale of fixed and fixed-indexed annuities in the individual, bank and education markets. It operates through five segments: Property and Casualty Insurance, Annuity, Run-Off Long-Term Care and Life, Medicare Supplement and Critical Illness, and Other. The Property and Casualty Insurance segment operates through three sub-segments: Property and Transportation, Specialty Casualty and Specialty Financial. The Annuity segment is engaged in the sale of fixed and fixed-indexed annuities in the individual, bank and education markets through independent producers and also sells annuities through direct relationships with banks. The Run-Off Long-Term Care and Life segment include operations of United Teacher Associates Insurance Co., Continental General Insurance Co. and Manhattan National Life Insurance Co. The Other segment includes commercial real estate operations. The company was founded by Carl Henry Lindner Jr., in 1959 and is headquartered in Cincinnati, OH.

  13. #13
    Lorry Driver is offline Junior Member
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    Re: USFIA the new bomb. Creators of gemcoin

    Can anyone help to let me know how to report USFIAC / Gem Coin to the relevant authorities to expose their misrepresentation?

  14. #14
    littleroundman is offline Administrator
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    Re: USFIA the new bomb. Creators of gemcoin

    Hiya, Lorry Driver,

    here's who you are complaining about:



    Here's the website hosting details:



    Here's a variety of places to chose from to address your complaints:

    FTC consumer complaint form

    Further ways to report cybercrime

    Internet Crime Complaint Center (IC3)
    The only thing necessary for the triumph of evil is for good men to do nothing

  15. #15
    Lorry Driver is offline Junior Member
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    Re: USFIA the new bomb. Creators of gemcoin

    Quote Originally Posted by littleroundman View Post
    Hiya, Lorry Driver,

    here's who you are complaining about:



    Here's the website hosting details:



    Here's a variety of places to chose from to address your complaints:

    FTC consumer complaint form

    Further ways to report cybercrime

    Internet Crime Complaint Center (IC3)

    Thanks. It is helpful

  16. #16
    Lorry Driver is offline Junior Member
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    Re: USFIA the new bomb. Creators of gemcoin

    This is the web link a friend send to me. Apparently it shows the same group of people behind Gemcoin did a similar set up in China. They took money and run when they cant pay. Some are caught by police.

    But they restart their scam outside china with audacious claim they are founder of AFG and has USD150B

    https://www.youtube.com/watch?v=9s94DMRMVTw

  17. #17
    Lorry Driver is offline Junior Member
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    Re: USFIA the new bomb. Creators of gemcoin

    This is the web link a friend send to me. Apparently it shows the same group of people behind Gemcoin did a similar set up in China. They took money and run when they cant pay. Some are caught by police.

    But they restart their scam outside china with audacious claim they are founder of AFG and has USD150B

    https://www.youtube.com/watch?v=9s94DMRMVTw

  18. #18
    Lorry Driver is offline Junior Member
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    Re: USFIA the new bomb. Creators of gemcoin

    This was posted by another member who understand the mandarin video clip posted earlier:

    I asked a relative who speaks Chinese to translate the video...here is what she said ...
    Six key persons were arrested in Thailand and extradited to China in October 2014. They were promoting a scheme to invest in options of amber stone or ownership of prestige amber mines in the Dominican Republic. Based on some reports online, its scheme works like this: the investor invests US$1000, 2000 or 5000 to obtain a membership in different level. Then the member profits from developing his own network of members. By June 2014, the company had developed more than 180 'levels' of membership, and in total 80,000 members in China, and collected RMB800 million to 1 billion 'membership' fee. The two key leaders 'Chen' and 'Lu' fled to US and managed the company from overseas. When the Chinese police got information that they were having a gathering to promote the membership in Thailand, the Chinese police worked with the Thai authorities and arrested six people from the company.
    It doesn't mention USFIA, but a company called America(n) Mining (I translated from the Chinese name, it could also be US mining, or Sino-American Mining) . From a Chinese website, I find America(n) Mining is based at Arcadia, Los Angeles, California. It mentioned a Chen as one of the bosses, but no first name. (Other sites mentioned the boss as Li Chen. )

    My relative also did some research on Chinese-language websites and found the following:

    The predecessor of America(n) Mining (or USFIA) is a company called Amkey, it was formed and funded by (US) Alliance Financial Group in 2003 in Los Angeles. Amkey got into China in 2004 to sell its flagship brand of health food, cleaning products and skincare products. It soon ran into trouble with the Chinese authority as there were many complaints and media exposure about its illegal fund raising, poor product quality and packaging, funds inexplicably missing from members' accounts, etc. In 2006, Amkey exited China. Then in 2014, it changed its name to America(n) Mining and re-entered China.

    Amkey was run by a Chinese woman called Wei Wang, who was said to be a former actress. Her key assistant in the role was another woman called Kim. Mr. Li Chan is the person who controls the Alliance Financial Group. Another two key persons mentioned in the recent arrest are Wei Lu (M) and Yong Hou (M).

    As the teaser, American Mining was not only selling investment opportunities, but also immigration to US through investment, enrollment to elite US colleges for their kids etc. It claimed to have a close relationship with families of Chinese top officials and primarily targeted elderly people.
    Last edited by Lorry Driver; 04-15-2015 at 06:14 AM. Reason: Add on points

  19. #19
    NikSam is offline AntiCon Artist
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    Re: USFIA the new bomb. Creators of gemcoin

    From company registry:

    amkey_comp_registry.jpg

  20. #20
    MrBlueAmber is offline Junior Member
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    Re: USFIA the new bomb. Creators of gemcoin

    Quote Originally Posted by Soapboxmom View Post
    Double? If it was such a sure thing they would not be sharing it with you as they could make a killing by getting this deal financed themselves.

    Do you really believe the amber is worth anywhere near what they claim? And, who are these experts that promise this "gemcoin" is going to replace gold.

    Hang on to your pocketbook and run fast and hard!
    Dominican Amber, especially the top grade blue is even worth more than they mention. But Dominican mines are unreliable and hardly a foundation of a new currency.

    Check out Blue Amber Blog and Blue Amber - Ambar Azul - Blue Amber - Rough Blue Amber - Polished Blue Amber - Blue Amber Beads -, Blue Dominican Amber - Dominican Blue Amber

  21. #21
    MrBlueAmber is offline Junior Member
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    Re: USFIA the new bomb. Creators of gemcoin

    Quote Originally Posted by Soapboxmom View Post
    Buy Loose Amber at Wholesale Prices from GemSelect

    Amber is not exactly looking like a high dollar item.
    Don't be misled. Don't compare i.e. cheap enhanced Baltic amber maybe even pressed from amber dust which you find at the flee market with Dominican AAA blue amber. The gram of that is sold for USD 500 wholesale. This would be ONE bead of 12 mm diameter. Just google "blue amber" and also information about "natural amber". But anyway, to base a multimillion operation on those few kilos that are found must be a scam. I live in the Dominican Republic and know what the mines are like. Primitive foxholes where miners work by candle light.

  22. #22
    MrBlueAmber is offline Junior Member
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    Re: USFIA the new bomb. Creators of gemcoin

    All this information is very helpful for Dominican Amber dealers. The company bought serval million dollars worth of low quality amber to market it in China and set up the GEMCOIN operation worldwide. We all were wondering what they had in mind because Chinese usually only buy AAA and specially the blue amber, not CCC of other colors. Now we know.

  23. #23
    MrBlueAmber is offline Junior Member
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    Re: USFIA the new bomb. Creators of gemcoin

    Just for the record: There is no Larimar or amber on the small island of Dominica. The mines are in the Dominican Republic. And the Larimar mine does not belong to USFIA. It is protected by the Dominican Government (with exception of some money passed under the table). Rhodochrosite is found on the SA continent. What USFIA has been using for some of their jewelry is Conch.

  24. #24
    MrBlueAmber is offline Junior Member
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    Re: USFIA the new bomb. Creators of gemcoin

    Quote Originally Posted by Whip View Post
    Seemed to be on Warehouse 13. lmao
    Not at all. As mentioned before, some Dominican amber is extremely expensive, but not the cheap kind they bought from a colleague of mine, a dealer at El Valle.

  25. #25
    Whip's Avatar
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    Re: USFIA the new bomb. Creators of gemcoin

    Quote Originally Posted by MrBlueAmber View Post
    Not at all. As mentioned before, some Dominican amber is extremely expensive, but not the cheap kind they bought from a colleague of mine, a dealer at El Valle.
    watch the series then get back to me. lol
    Haven't lost any money to online scams.......results are typical.

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