Tldr; I want to create a master folder to organize all of the fraud evidence/proof discovered, and use this when filing reports to the agencies above. I believe there is too much proof to be blatantly ignored.
To my knowledge this sub lacks a single consolidated location for all the evidence/proof we have discovered. This makes us disorganized and not credible in the eyes of the SEC, FBI, or FTC. As the title says, I am looking to consolidate a master file of all verified fraudulent activity and securities manipulation ongoing with GME.
If you can link files/posts in the comments, I will put together a master folder of evidence and make it accessible to all. My goal here is to have a consolidated data dump of the massive amounts of evidence and fraudulent activity we have seen, and submit it to the FBI, SEC, and FTC. Perhaps a secured Google Drive folder.
The objective is to simplify the submission process so anyone can submit this evidence as proof, to their local FBI jurisdictions, and federal agencies.
I have yet to see master consolidated location/folder of all the DD and proof we have of market manipulation and fraud. While some of us are reporting to the SEC or FBI, without submitting tangible proof they wonโt get any traction. If even 1/10th of this sub submits, through the proper legal channels, evidence and files complaints/reports the crimes, they will have no choice but to pay attention. I believe it is important to get this information organized.
Our voices need to be louder than theirs. Apes together strong.
Also if any lawyer apes are here and would like to volunteer to make sure this is done properly, Iโd more than welcome the help.
Edit: Consider submitting to SEC, FBI, FTC, DOJ, Local Congresspersons.
Edit 2: Clarification - This folder would be shareable to all when it is โdoneโ so everyone has the freedom to submit it as well. We have these rights as investors and as citizens.
Edit 3: As this is blowing up, thanks for the awards! I want to note something - people may be concerned this information goes into the wrong hands, or Iโm a shill, or whatever. Iโm not creating any new information that hasnโt already been posted or shared. Itโs already publicized information. Iโm simply consolidating it into a master location. No prosecuting agency will click through hundreds of Reddit links. Iโm making it easy to view all in a single location. Itโs a shame for all the hard work and investigation to go to waste because the boom
... keep reading on reddit โกThis isn't a happy go lucky rocketship post but I believe that what I am putting in here is important to get out.
Disclaimer: This post represents my views and uses assumptions that may or may not be entirely accurate. Feel free to disprove in the comments. I am not a lawyer nor a financial advisor and nothing in this post constitutes legal or financial advice.
Thesis: I believe that the DTCC has been actively orchestrating the planned failure of the NSCC. I believe that the participants of said entities know about this because information would be published to them based on the Recovery & Wind Down plans that were recently updated. Not only do I believe that these participants know about it, I believe that they have set up global shell companies to avoid being liquidated in the event that the recovery corridor is unsuccessful.
There are multiple filings of very large global securities purchases on the DTCC website available only to participants with one thing in common: They are non transferable to persons or entities in the US. Look for yourself at the data from the DTCC for the Underwritings with restrictions in the subject.
https://www.dtcc.com/legal/important-notices?pgs=2
If there is indeed a wind down of the NSCC, everything would be transferred to a "Transferee" who would manage the critical operations of the NSCC. The NSCC would then liquidate the positions of its defaulting members, its own LNA (Liquid Net Assets), Its Clearing Fund to include Supplemental Liquidity Deposits (SLDs), and then the rest of the obligation would be passed on to the remaining participants. (Maybe not in that order) However, That last part can't happen if that money is tied up in say...shell companies in the Cayman Islands with restrictions that don't allow transfer of those assets to entities in the US. I can't fucking make this shit up.
After that, the NSCC would file for bankruptcy under chapter 11 bankruptcy law.
NSCC Rule Book Rule 42
DTC Rule Book Rule 32(A)
Filings of securities issues from what I assume are largely shell companies or transactions to move money into more secure positions that cannot be transacted to non qualified buyers. Note: These may or may not be shell companies and the use of shell companies is not illegal in every instance.
14659-21
14704-21
14705-21
14767-21
14768-21
14776-21
14805-21
14831-21
14898-21
**1496
... keep reading on reddit โกObligatory emoji ๐
Short Version: The short version is that a review of the 'strategic failsโtoโdeliver' data indicates that institutional insiders may have counterfeited a massive number of Gamestop shares which is why they tried to stop retail investors from buying more shares on Thursday.
There are are 71 million shares of GME that have ever been issued by the company. Institutions have reported to the SEC via 13F filings that they own more than 102,000,000 shares (including the 13% of GME stock is owned by Ryan Cohen). That is already 30,000,000 shares more than even exist.
On top of the shares reportedly owned by institutions, retail investors may currently hold 50+ million shares (counting both long holdings and call options โ both ITM and OTM).
Once you include call options, retail investors may already hold more than 100% of GME (not just 100% of the float, more than 100% of the actual company). This would be definitive proof of illegal activity at the highest levels of the financial system.
Long Version: A more detailed analysis by /u/johnnydaggers is here. This chart is also from /u/johnnydaggers: Link to original analysis
Power to the players.
https://newsfilter.io/a/cb4e52063c16af3f7a12a6908470c4d5
> Alpine 4 and its shareholders allege that, on March 10, 2021, Grizzly, speaking through its principal, Siegfried Eggert, and through social media platforms and media contacts published false, misleading, and unsubstantiated short reports on Alpine 4. Using social media platforms and websites, Fin Cap, through its principal, Brian Finn allegedly published strikingly similar disinformation, linking to Grizzly's unverified and untruthful report. In detail, Alpine 4's and certain shareholders' factual allegations undermine and dispute the defamatory, false, and misleading nature of the reports by these individuals and their companies, respectively.
The app named National Anti-fraud Center๏ผๅฝๅฎถๅ่ฏไธญๅฟ๏ผ is developed by Ministry of public security (China). Its rating rated by over 5000 users on Apple Store is 1.6 (April 9th, 2021).
National Anti-fraud Center requires some sensitive permissions: microphone, camera, contacts, SMS, phone call, call log, internet access, system changing, package installation, package removal, storage, etc.
Name, phone number, ID number, address and face recognition are needed to create an account on the app.
I have checked all reviews about it on Apple Store.
433 users mentioned they were forced to use the app. Most users complained about their bad experiences with the app. A user said those who rated one star are probably scammers. Because if every Chinese uses the app, scammers will not fool anyone.
Some examples from Apple Store about why people use the app are as follows:
A user named PolarBearGC said he/she was asked to create an account on the app before a driver theory test.
A user named Calvin-C said he/she could not go to a concert, unless he/she is using the app.
A user named ๆฏไธๆฏ่ฟๆณๅฎๅๅถ in Shenzhen said he/she couldnโt get into his/her apartment building, unless he/she is using the app. They are waiting at the door.
A user named ็ตไฟกๆappๅๅฅฝ็นๅง said his/her access card to his apartment building will be no long valid, unless he/she is using the app.
A user named ไฝ ไธๅฎไผ็ซ said, he/she couldnโt check-in in a hotel, unless he is using the app.
A user named ๅๅฏนๅฝขๅผไธปไน61516 he/she could not get into his office building, unless he is using the app.
A user named ๅธๆๆญฃๅธธๆจ่ก๏ผcouldnโt get vaccinated at a vaccination station, unless he/she is using the app.
A user named ไนๆก said he/she couldnโt get into the subway station, unless he/she is using the app.
A user named Jfjfhfhfjfufuf said he/she couldnโt get into a mall, unless he/she is using the app.
A user Connerkkkw said he/she need to create an account on the app, before he/she can open an account in a bank.
A user named ไธๆNX็ณปๅ้ๅคด posted a message from student parent group. It goes like this: Hi, for the sake of your life and property safety, and to avoid scams, public security office in Luohu district (in Shenzhen) hope every parent to use the app. Thanks for the cooperation.
A user named Linda1659 said a kindergarten forced kidsโ parents to use the app.
A user named ๅไธคๆๅชๆฏๅธๆๆดๅคไบบ่ฝ็ๅฐ๏ผไธๆ้ฝไธๅผ said he/she was asked to create an account by his boss. A
... keep reading on reddit โก
I have just got approached by a recruiter for a job as a Fraud Analyst. Just wondering if anyone have transitioned from Product Security to Fraud Analyst before.
If so, what should I learn to perform well in the job?
In my current job as ProdSec, I usually just do some pentesting for the new features/products and create some automation to make the pentesting process quicker.
Thanks
Cross-posting to AMCStock.reddit.com because it's relevant to both.
I'm about to write something a little dangerous so right up at the front I need to get this out of the way.
- I am not a fiduciary
- I am not a financial advisor
- This is not financial advice
- The following scenario proposes a hypothetical involving a fictional company I will call "ShadyStock"
- What I describe this fictional company doing in my hypothetical story, is illegal in the US (and I imagine, most jurisdictions)
- Therefore I need to be very clear: I am not accusing any real company of breaking any laws.
- Any similarities to any real company is purely a coincidence. Indeed, any real company that would claim that this fictional story about a scam is actually about them would, in essence, be arguing that they were acting fraudulently.
- For full disclosure, my position as of this writing is 90$AMC@13.31 and 40$GME@198.50
If the company you buy stock with sounds like it could be pulling the same scam as my fictional "ShadyStock" it is on you to find out whether or not it is, and make your own decisions.
There, I think my ass is covered.
Because - if you have bought GME or AMC in order to take advantage of a potential squeeze with a company acting like "ShadyStock" - when that squeeze comes, you may find yourself unable to actually get paid, for reasons I will explain below.
Okay? Let's begin.
Once upon a time, on Wall Street...
...there was a company called ShadyStock. ShadyStock offered customers the ability to buy and sell stock without commission, charging no fees to the customer. Instead, they publicly said they made their money from three sources:
- Interest earned on customers' cash balances
- Margin Lending.
- Selling order information to high-frequency traders
Now, while that last one is it's own problem, it is also not the focus of this story.
The way that customers see the application work is like this:
- Through an app, you deposit money with ShadyStock
- You then tell ShadyStock that you want to buy X shares in a company.
- MARK THIS: ShadyStock says it buys the shares on behalf of the customer.
- ShadyStock tells the customer that they now own X shares in a company.
- Later, the price of that company goes up or down. The customer tells ShadyStock they want to sell.
- MARK THIS: ShadyStock says it sells the shares on behalf of the customer.
- ShadyStock then tells the customer that their X shares have been sold, they have made $Y
Co-Founder Of Hedge Fund Charged With $40 Million Securities Fraud Scheme
Audrey Strauss, the United States Attorney for the Southern District of New York, and Philip R. Bartlett, Inspector-in-Charge of the New York Office of the U.S. Postal Inspection Service (โUSPISโ), announced today the arrest yesterday afternoon of ANDREW FRANZONE, the founder and former general partner of FF Fund I L.P. on charges of securities fraud and wire fraud for his role in a scheme to fraudulently induce more than 100 investors to invest approximately $40 million in his fund by, among other things, lying about the fundโs investment strategy, liquidity, and amount of assets under management.ย FRANZONE was arrested yesterday afternoon in Fort Lauderdale, Florida, on a criminal complaint (the โComplaintโ) and will be presented before a magistrate judge in the Southern District of Florida.
Manhattan U.S. Attorney Audrey Strauss said:ย โAndrew Franzone allegedly promised his clients access to his successful liquid trading strategy and consistent, positive trading returns.ย As alleged, those promises were lies.ย Franzone lied about his fundโs investments and performance, and he lied in promising clients that they had could readily access their invested capital.ย While his investors lost money, Franzone enriched himself.ย We will continue to work with our law enforcement partners to protect investors from these types of deceptive practices.โ
USPIS Inspector-in-Charge Philip R. Bartlett said:ย โMr. Franzone allegedly misled investors to believe his fund was liquid and he could cover their redemption requests, in a scheme to lure them in to investing in his hedge fund. This should be a reminder that greed has no boundaries and does not care about a favorable portfolio. Postal Inspectors remind all investors to thoroughly check offers, and if they sound too good to be true, keep your money in the bank.โ
As alleged in the Complaint unsealed today in Manhattan federal Court[1]:
FRANZONE co-founded Farrell Franzone Investments LLC in 2010.ย FRANZONE described Farrell Franzone as an opportunity for investors to invest, through the purchase of limited partnership (โLP
... keep reading on reddit โกHi guys, I want to know if an internet security antivirus can detect fraud websites or not? Please let me know.
Hello I reported my ex husband for committing Social Security Fraud. He is a disabled vet. When he applied for disability he lied to Social Security and told them he had sole custody of our son and that out son was living with him. This is not true, at the time he reported this to Social Security I had sole physical custody of our son and he lived with me. My ex husband wasnโt even living near by so he didnโt even visit our son. He was 600 miles away. He lied to social security so they would give him benefits for our son along with his own disability ( I forget what those benefits are called sorry). I applied for disability benefits a few years ago and when they asked if I have children I told them I did and they said they would give me a monthly payment for myself and my son. They looked into it snd told me that I didnโt qualify for money for my son because my ex husband was claiming him for almost 10 years now!!! I wasnโt aware of this and I told them I had custody of our son at the time my ex husband claimed he had custody. I have court paperwork proving that I had sole physical custody of our son when my ex husband got his benefits. My ex husband didnโt have any custody until about 3-4 years after he applied.
Iโve reportedly ex husband 4 time and all the social security workers have told me that they most likely wonโt do anything about it. They havenโt done anything about it to this day. One social security worker actually told me that they werenโt going to do anything about the fraud because they only go after the โbig fishโ that are stealing millions. The things is, I could really use that money for my son. My ex husband pays a small amount of child support but thatโs it. On a rare occasion my son has to beg him to buy him things he needs. On our divorce he is to pay child support and for half of everything but he doesnโt do that. He doesnโt even see our son. Itโs frustrating that my ex provides the very minimum for our son and Iโm having a hard time buying groceries and other necessities for our son. I canโt get food stamps because the county counts the social security money my ex husband gets for our son as income for my household. Iโve had social security write a letter to the county stating that I donโt receive any of that money but food stamps still counts it as part of my income. Is there any way I can report him for fraud where they will actually do something about it? Thank you for taking the time to read this. Any advice is much appreciate
... keep reading on reddit โกHi all, I came across a notification that Pinterest ($PINS) is involved in a class action lawsuit and I'm curious what this could mean as I've never seen this happen with another stock I've owned.
To save a click, here's a quick excerpt that details the complaint from the suit:
>The Class Period commences on February 4, 2021, when Pinterest announced its fourth quarter and full year 2020 financial results in a press release. Throughout the Class Period, the defendants touted its user engagement and growth.
>
>However, the truth was revealed on April 27, 2021 when, after the market closed, Pinterest announced its first quarter 2021 financial results and reported that global monthly active users grew only 30% year-over-year to 478 million, a decline from the prior quarter's 37% year-over-year growth. Pinterest further announced that, "[i]n Q2, we expect global MAUs to grow in the mid-teens and US MAUs to be around flat on a year-over-year percentage basis."
>
>Following this news, Pinterest's share price fell $11.25, or 14.5%, to close at $66.33 per share on April 28, 2021.
>
>The complaint alleges that throughout the Class Period, the defendants failed to disclose to investors that: (1) user growth was already slowing; (2) as a result, Pinterest(PINS) expected user engagement to slow in the second quarter of 2021; and (3) as a result of the foregoing, the defendantsโ positive statements about Pinterestโs business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
For those curious, the full article detailing the suit is here.
My question is quite simple.. What could this mean for a retail investor like myself?
I bought a few hundred shares of $PINS in mid February which falls within the Class Period (2/4/21 - 4/27/21) and I've not sold any of those shares since. Again, I've never heard of this happening so I'm curious what this might mean for a retail investor like myself. Any info is appreciated.
TIA!
E2A more in article quote
Cross-posting to superstonk.reddit.com because it's relevant to both.
I'm about to write something a little dangerous so right up at the front I need to get this out of the way.
- I am not a fiduciary
- I am not a financial advisor
- This is not financial advice
- The following scenario proposes a hypothetical involving a fictional company I will call "ShadyStock"
- What I describe this fictional company doing in my hypothetical story, is illegal in the US (and I imagine, most jurisdictions)
- Therefore I need to be very clear: I am not accusing any real company of breaking any laws.
- Any similarities to any real company is purely a coincidence. Indeed, any real company that would claim that this fictional story about a scam is actually about them would, in essence, be arguing that they were acting fraudulently.
- For full disclosure, my position as of this writing is 90$AMC@13.31 and 40$GME@198.50
If the company you buy stock with sounds like it could be pulling the same scam as my fictional "ShadyStock" it is on you to find out whether or not it is, and make your own decisions.
There, I think my ass is covered.
Because - if you have bought AMC or GME in order to take advantage of a potential squeeze with a company acting like "ShadyStock" - when that squeeze comes, you may find yourself unable to actually get paid, for reasons I will explain below.
Okay? Let's begin.
Once upon a time, on Wall Street...
...there was a company called ShadyStock. ShadyStock offered customers the ability to buy and sell stock without commission, charging no fees to the customer. Instead, they publicly said they made their money from three sources:
- Interest earned on customers' cash balances
- Margin Lending.
- Selling order information to high-frequency traders
Now, while that last one is it's own problem, it is also not the focus of this story.
The way that customers see the application work is like this:
- Through an app, you deposit money with ShadyStock
- You then tell ShadyStock that you want to buy X shares in a company.
- MARK THIS: ShadyStock says it buys the shares on behalf of the customer.
- ShadyStock tells the customer that they now own X shares in a company.
- Later, the price of that company goes up or down. The customer tells ShadyStock they want to sell.
- MARK THIS: ShadyStock says it sells the shares on behalf of the customer.
- ShadyStock then tells the customer that their X shares have been sold, they have made
