Protesters cancel USFIA GemCoin gala in Ontario, California
August 28th saw USFIA hold a GemCoin gala at the Ontario Convention Center in California.
As per USFIA marketing material:
Domestic teams- joining at $10,000 and sponsor $30,000 will be reimbursed for 4 days accommodation.
International teams-joining at $10,000 and sponsoring $50,000 will be reimbursed for 7 days accommodation as well as flight.
The conference will be at the Ontario Convention Center. The attendance will be limited to 1300 people. First come first serve basis.
Unfortunately for USFIA a bunch of angry protesters rocked up to the event, leading USFIA to cancel the gala:
Clearly unhappy with the USFIA GemCoin Ponzi scheme, the protestors were existing USFIA investors wondering where their money has gone.
Recounted one protestor who invested $70,000 with USFIA to the Epoch Times (auto-translate):
Chen Li (Steve Chen) said they were Chinese experts in amber. Dominican Amber, the quality is very good, with only half of the ex-factory price to sell us have such a good thing.
I was very pleased that he added that the future market will be very amber. Well, will rise 64-fold.
We thought we got both (GemCoin) units (and) amber, (which was) very good.
(Chen) also and we said, two months later our units could be bought and sold. Every business does not exceed 10% on the line.
The results up to now, a penny sell, we bought a piece of paper. Not even paper , just air.
A relative of the protester purportedly also sunk $280,000 into Steven Chen’s “on the side” EB-5 visa fraud scam.
Some of the protesters at the gala claim they haven’t been able to access invested funds for over two years.
Of note is that Arcadia City Councilman John Wuo featured on the USFIA gala marketing material:
Wuo maintains he “knows nothing” about GemCoin and claims to have not received any compensation from USFIA or Steve Chen.
Whether or not Wuo attended the August 28th GemCoin event is unclear. Ditto why his photo was used to promote the event, when he claims to have nothing to do with GemCoin or USFIA.
Epoch Times sought comment from Steve Chen in response to USFIA’s GemCoin scheme being that of a Ponzi, but none was forthcoming.
Whether or not US regulators are currently investigating USFIA is unclear. Stay tuned… (additional reporting from NTD)
There’s mention of the event being cancelled in the auto-translated Epoch Times article. Can anyone confirm?
it appears the event was cancelled according to a sentence from the article on ndtv. cant be sure because of the poor translation:
steve chen must really have some ‘dirt’ on wuo, to remain unfazed by all the noise in arcadia around gemcoin and wuo.
shouldn’t wuo be sending chen a C&D or something? why is wuo taking so much abuse to his ‘fair name’?
Here’s a rough translation of the Epoch Times article
Thanks for the clarication. I’ve updated the article to better reflect the cancellation.
BTW, additional reporting is from NTD, not NDT. 🙂
New Tang Dynasty network, who also publishes Epoch Times, among other media.
Thanks, fixed.
Next Arcadia City Council meeting is today (1st September). I wonder if the Aug 28th cancelled event will come up…
Epoch Time’s follow up article is online: Wuo felt used
epochtimes.com/gb/15/9/1/n4517270.htm
Wuo’s being used alright.
Used to promote GemCoins, and he’s doing nothing about it.
How can we get the protesters out to the next Arcadia City Council meeting? They need to be heard. It isn’t just John Wuo, you know.
sierramadretattler.blogspot.com/2015/08/chinese-daily-usa-is-publication-owned.html
so why hasn’t sho tay’s Chinese Daily covered the ontario event where a protest was organized against an arcadia based business USFIA/gemcoin ?
does sho tay’s Chinese Daily selectively report chinese community news?
arvizu & supporters should round up some gemcoin victims from arcadia and march them into the next council meeting. and distribute the ontario events marketing material which contains wuo’s photos, to all attendees of the next council meet.
hey SMtattler, You could publish an invite to gemcoin victims asking them to contact arvizu? call him, get his email.
On it.
*thrilled to bits*
here’s a short recap of the story so far:
once upon a time, in arcadia today
ruled the evil twins, john wuo and sho tay
they usurped the city throne and they usurped the city press
arcadians were sufferin’, but they couldn’t care less!
…
their secret half brother, a guy called steve chen
made a majestic plan, beyond anyone’s ken
he made a fake gemcoin, a ponzi decoy
and used ruler wuo, as his gemcoin poster boy!
…
god knows how much money, these ponziboys made
their dirty devious plans, were quite neatly laid
control the city politics and control the city press
use the money for construction, and never confess!
…
behindmlm, exposed their evil empire
the sierra madre tattler, pumped some gasoline in the fire
david arvizu, who’s a hunk [ahem] with some spunk
collared ruler wuo, and put him in a funk!
…
people of arcadia , the story thus stands
the future of your kingdom, now rests in your hands
unleash a ‘recall’, let your people power show
sho tay and john wuo must go Go GO!
…
[and put steve chen in jail, I forgot to rhyme that!]
The Arcadia City Council meeting is tonight. An important detail I neglected to add, probably because I had forgotten about it. Until now it wasn’t looking too monumental.
Does anyone see a phone number anywhere in the Epoch Times material that I can call? Or any information that would help me get in touch with these folks? Where GuoChang Liu lives? Organization names and addresses?
Getting the protesters out this evening would be a remarkable event.
NTDTV
Los Angeles
9550 Flair Dr, Ste 313
El Monte, CA 91731
Tel: 626-593-2288
Fax: 626-593-2289
ntd.tv/en/contactus.html#sthash.3AmZkwhU.dpuf
You need to talk to the reporters 劉菲、薛文洛 whom would be Fei Liu, and Wen-Luo Xue respectively.
A different detail that’s in the TV report and not EpochTime report:
“陳力最近又把原始股改成了珍寶幣，他說珍寶幣一共發行一千億股，美國政府已經購買了250億，美國財政部購買了250億。根據我們調查，根本就沒有這事”
Chen Li chanced the units in US Mining into Gemcoins. He claims he will release 100 billion Gemcoins, and American government already bought 25 billion, and US Treasury bought 25 billion. We checked, it’s bull****.
News from the San Gabriel valley, home of the world famous GemCoin.
1) It appears at least one Ontario protester will be at the Arcadia City Council meeting tonight. We are begging for more.
2) The Los Angeles Times will have a story about the USFIA denouement in Ontario in tomorrow’s edition. Ontario demonstrators were interviewed.
3) John Wuo will not be attending tonight’s meeting. Nobody knows why yet. My guess is his lawyer told him to avoid what he would have faced this evening.
4) Kasey Chang – If you email me your address I will send you a document that will surprise and delight you. A gift of gratitude for all you have done for us.
I’ll be tuning in. Damn shame Johnny GemCoins won’t be in attendance…
If the LA Times article turns out like I think it will, Wuo will be in deep merde.
Paper of record in this rotten old county, and it is a story freaky enough to attract mass attention. Should be up on their website in a few hours.
The Arcadia Weekly is in as well, and will be covering the festivities tonight. Been trading emails with my pal Terry Miller.
Fingers crossed, but feeling good.
And we’re live. Wuo’s chair is empty…
spectrumstream.com/streaming/arcadia/live.cfm
Chandler and Tay rushed to excuse Wuo’s absence. They’re the other 2 members of the notorious three are they not…
ha ha. who’d have thunk it!
wuo cracks under pressure!
Here we go, public comments.
Sho Tay on the firing block!
GemCoins off the bat… shots fired, shots fired!
Arvizu just submitted a card too. Wonder if that’s for him or someone else.
arvizooo !
Lol, Wuo and Chen running home surveillance out of GemCoin offices.
“I know nothing about GemCoin”.
arvizu proved wuo and chen are business partners!
But Wuo doesn’t get paid by GemCoin, through home surveillance money laundering operations or otherwise.
Honest!
i think that’s the gemcoin coverage for today.
well done, a few more meeting wuo will be out!
honest wuo stayed home today shitting his pants.
Lol. Asian with gold chains rocks up:
“Yo, keep letting us build huge houses. Property values guys… property values.”
Y’know?
sho tay’s outreach audience is out in full force, to support him.
Sho holds a McMansion rally, bunch of supporters rock up out of the blue to the next city council meeting.
Not a coincidence.
Chandler is a horse’s ass.
BTW – I will be posting the document David Arvisu brought with him is a couple of hours.
Anybody over there got any idea where Wuo was tonight?
If he’s absent from the next meeting something’s up.
hiding in his basement shredding documents?
and if SMtattler and arvizu can gather gemcoin victims, wuo may leave for an extended tour of china to ‘build cooperation between the US and china’, or some such baloney.
why did steve chen put wuo’s mug on his recent ontario marketing material?
why is he twisting the knife?
Obviously that was a flyer for the Wuo & Chen home surveillance business. Kasey Chang just got the translation wrong.
Silly protesters, why are they so against home security?
For a small monthly fee Wuo and Chen will ensure you and your home are under constant surveillance.
Anybody who speaks out against GemCoin gets paid a visit from that Herman Munster rent-a-cop.
Well, it’s a local Arcadia company…
corporationwiki.com/p/2eh2ai/24-hd-surveillance-llc
It’s no joke, they really do offer residential (and commercial) surveillance.
Though they moved out of Steve’s office.
go24hd.com/residential/
Why so many addresses?
Who pays Wuo’s lawyer fee’s, tax payers or Wuo?
the sierra madre tattler and david arvisu have brought an ‘o my god’ revelation to the fore front.
john wuo has been caught flat out lying.
it appears that john wuo and a certain george clau, registered a california domestic LLC called ’24 Hd surveillance LLC’ in december, 2014.
in march 2015, steve chen’s name was ADDED to the company documents.
john wuo cannot run around stating, as he did before, that many corporations add his name in a ‘honorary’ position and he has nothing to do with them for practical purposes.
THIS is john wuo getting his friend steve chen, IN as a business associate.
so busted. no wonder wou did not turn up for the city council meet. he’s so busted.
yeah johnny gemcoins, what next?
sierramadretattler.blogspot.com/2015/09/johnny-gemcoins-wuo-was-absent-from.html
That will depend on if the city accepts the claim that he was acting in his capacity as Mayor. If so, then the city will pony up for the legal bills.
We will have to see if this goes anywhere and if the remaining members of the council rally behind him and accept his statements, or if they let him flap in the wind.
Smart money now to make sure that doesn’t happen is to continue to expose Wu, and start going after his buddy Tay as well. That way the cards can be stacked so the council doesn’t want to even try to back him. Right now without his vote, it ties, and the tie goes to the runner in these situations.
*believe it or not*
in march 2014, TWO names were added to the business registration documents of 24Hd surveillance LLC. one, as we know was steve chen.
the second name was added as the chief executive officer [CEO]:
so, who is solomon sakurada?
there is an eiji sakurada, in arcadia, who is also known as solomon yang.
it appears that the name solomon sakuarada listed on the 24Hd surveillance documents is a “MIX” of the two names eiji sakurada and solomon yang, so that you dont see the connections till you investigate.
so it looks mighty possible, that solomon yang [solomon sakurada] is in business with john wuo and steve chen, As Of Today!
i mean, HOW MANY eiji sakurada’s AKA solomon yangs, can there be in arcadia?
Thank you lb, it will be interesting to see Wuo’$ real involvement in all of this mess.
check this out..
nolink://virtualglobetrotting.com/map/eiji-sakuradas-house/view/google/
so, who is george klau? couldn’t find him in arcadia.
the closest george klau is in covina, about 20 minutes driving distance from arcadia. but no further details there either.
the arcadia address provided for george klau in the registration documents, is currently showing as ‘available for rent’:
who is the mysterious, homeless, mr george klau??
What I find interesting is how could someone, allegedly son of a one of the founding fathers of the Communist Revolution, take up a Japanese identity without people knowing.
I mean, to get this name on a real estate deed it had to be on SOME sort of official identity document, right?
I know a couple of places in Oakland and Berkeley where you can get really great looking official identity documents pretty darn cheap.
I doubt most title companies and banks are going to look for things like microprinting when you are forking over a large check from a foreign institution.
(Fun fact – If you have a California License, the blue DMV logo is actually a microprint of the same thing – Magnify it!)
So apparently it’s not a crime to use a forged name on a real estate deed, which is a state or county-level document? 🙂
Sure it’s a crime – but it will only get looked at if a “problem” arises.
As long as the checks clear – nobody really cares. Unfortunate, but very true.
the recording of the arcadia city council meeting of sept 1st is now available, for those who missed the live broadcast:
spectrumstream.com/streaming/arcadia/2015_09_01.cfm
citizen green at 33:00
citizen arvisu at 42:00
at the end of his presentation, arvisu said that he was going to send a complaint to the ‘fair political practice commission’ within the current week.
wuo’s conduct as an elected city official, is very questionable, and i hope the commission sets up an inquiry. it is not just a question of ‘ethics’ but of ‘fraud’ and ‘crime’.
If you want a dose of awkwardness, wait till the Mayor gives his input after the other council members (the segment after public comment).
Things get real awkward when the Mayor starts discussing recent real-estate related events with Roger Chandler.
a gemcoin investor is reporting on FB that he attended an USFIA/gemcoin event with steve chen etc on sept 1st, 2015.
in the face of public protests in ontario, and the uproar in arcadia, steve chen is calmly stringing investors along, with tall tales of a bright future with gemcoins.
the FB post is very long, just a few important points noted:
steve chen needs to go easy with the fibbing. there is only so much that even naive investors will believe.
The protest got mentioned in an article about how Ponzi schemes are targeting Chinese Americans and Chinese ex-pats, along with CKB168 and Luca Group:
finance.qq.com/a/20150906/019548.htm (in Chinese)
Seems they took most of written copy off Voice of America’s Chinese news:
voachinese.com/content/fraud-shadows-20150901/2940433.html
fresh reporting by the sierra madre tattler about johnny gemcoin wuo’s increasing woes.
the arcadia weekly got in touch with wuo, who texted them a reply about his name being on the registration documents of 24HD surveillance LLC:
so people, apparently john wuo’s name appeared on the registration documents By Magic. any takers for this story?
anyone? anyone!!
the SM Tattler which has held the fort against johnny gemcoins shenanigans so far, is now joined by increasing media interest.
as chang has informed us, the chinese press has reported the gemcoin story. now the ‘arcadia weekly’ and ‘the paper’ have also carried damning articles:
going on a ‘tour’ is hardly going to save wuo’s ass. he will have to face the music sometime. next city council meeting is on sept 15th, better be back wuo!
sierramadretattler.blogspot.com/2015/09/councilmember-sho-tays-arcadia-outreach.html
BTW, LB, Tattler, I found contact info of the group of Gemcoin Scam protesters! Don’t know if it’s authentic or not, YMMV!
2luntan.com/tianyalt/m9OXzJHFpMSXvpvDkZRkkmqWY5U=.html
Here’s an article in Chinese, where allegedly both Solomon Yang and Quen Jiang denied ANY relations with UCCA / USFIA INC.
chubun.com/modules/article/view.article.php/154319/c127
Quen Jiang even put up a handwritten note with a formal Chinese seal stamp, translated: