Red Flags
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Laurie Suarez
Laurie Suarez, a convicted felon and serial Ponzi schemer, continues to defraud investors despite legal actions freezing over $555 million in assets.
Quick summary on Laurie Suarez
Fraudulent Activities & Conviction:
Laurie Suarez has a criminal history involving fraud and has previously served time in prison for financial crimes. He has been barred from managing corporations.
Massive Asset Freezing Order:
The Supreme Court of Australia has frozen his assets up to $555,174,472, based on investor claims. The ruling reflects the magnitude of financial losses suffered by investors.
Serial Ponzi Scheme Operator:
Suarez has been linked to multiple Ponzi schemes, including The Berlin Group’s Recycle Bot, RB Global Crypto Bank, RB Global Coin, and XEMXLink, all of which collapsed, leaving victims with losses.
Latest Scheme & Liquidation:
His latest company, Dynamis International, was recently placed in liquidation, further demonstrating ongoing fraudulent activities and financial mismanagement.
Investor Deception & False Returns:
Victims, including his former associate Kristen Linehan, claim they were misled with promises of fictitious returns. Many investors saw their balances mysteriously drop without explanation.
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Pros
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