Red Flags
3
Jean-Philippe Grange
Jean-Philippe Grange and Sam Zumbe orchestrated a fraudulent investment scheme, falsely claiming government endorsements and employing intimidation tactics, leading to significant financial losses for investors
Quick summary on Jean-Philippe Grange
Involvement in a Fraudulent Investment Scheme: Jean-Philippe Grange and Sam Zumbe orchestrated a deceptive investment operation promising a 5% monthly return. This scheme was managed by the London-based company CWM, utilizing a shell entity registered in the British Virgin Islands, with funds channeled through a Cayman Islands bank.
False Claims of Government Endorsement: Grange and Zumbe falsely asserted that their Delaware-based entity, Newport Enterprises Group LLC, was licensed by the Pentagon and the U.S. Treasury. They alleged involvement in confidential “special operations,” misleading investors about the legitimacy of their activities.
Intimidation and Threats Toward Skeptics: When confronted, Zumbe, with Grange’s support, resorted to aggressive tactics, including threats of FBI intervention and legal repercussions, to silence critics and deter scrutiny of their fraudulent operations.
Association with Previous Financial Misconduct: Grange’s connection to CWM is particularly concerning, given the company’s history of involvement in financial fraud under the leadership of Anthony Constantinou, who faced legal action for overseeing a forex fraud division within the Belvedere Management Group.
Intel Reports
by: Lara Mullen
People need to stop believing these types of get-rich-quick schemes.
by: Jagger Key
Threatening FBI involvement just makes me even more suspicious of them. So unprofessional.
by: Salma Shapiro
I don't get why they thought this would work. The fraud is so obvious.
by: Kaiya Hendrix
The operation was linked to CWM, known for previous financial misconduct under Anthony Constantinou.
by: Kace Wiley
He claimed Pentagon backing—turned out to be a complete fabrication.
by: Zaniyah Glass
Invested with Jean-Philippe Grange's scheme; now my funds are gone, and he's nowhere to be found.
by: Evan Collins
The moment I tried to withdraw my $5,500, they turned aggressive this is nothing but a well-planned scam, and I fell for it.
by: Ethan Hall
Believed the 5% monthly return promise and invested $4,500 now I can’t access my funds, and every attempt to get answers is met with threats.
by: Emma Nelson
I put $3,000 into this so-called investment with Grange and Zumbe, thinking it was legit now my money is gone, and the silence is unbearable.
by: Regina Meza
The association with CWM and its fraudulent activities is deeply troubling. Investors deserve honesty and integrity, not deception and threats
by: Raúl Velázquez
Using threats to silence critics is unacceptable. Professionals should address concerns transparently, not resort to intimidation