John Wuo roasted over ties to USFIA GemCoin scheme
Following denials by Wuo claiming he has no idea what GemCoin is, and that USFIA “used” him to promote their scheme, a resident of Arcadia citizen spent six minutes roasting Wuo at a city council meeting.
The comments directed at Wuo were given during the “public comments” section of the meeting, with David Arvizu taking to the podium to grill Wuo on his ties to USFIA.
BehindMLM recently reviewed USFIA, concluding that it was yet another Ponzi points scheme masquerading behind a faux cryptocurrency.
We also uncovered John Wuo, currently a councilman for the City of Arcadia, California, appearing and speaking at many USFIA events.
Wuo has since denied any knowledge of the scheme, telling a local newspaper he “doesn’t know anything about GemCoin”.
At least one resident of Arcadia wasn’t satisfied with Wuo’s explanation, using public comment time at the council meeting to raise the issue.
David Arvizu, spokesman for the Save the Arcadia Highlands organization, began his five minutes of mic time with a brief history and introduction to USFIA;
Recently I read about a company in the Arcadia Weekly and Sierra Madre Tattler called USFIA.
For the most part, the company deals in digital currency, similar to BitCoins, which it claims are backed by amber mines in the Dominican Republic.
Further reading seems to reveal that this company reveals that this company is actually a Ponzi scheme. Its main purpose is to rip people off.
A similar scheme seems to have existed in China a few years ago. When the government cracked dow on their operation, they fled to Taiwan.
When things heated up there they closed up shop and now this new scheme seems to have landed in Arcadia.
Commonly it (USFIA) can be found on the internet if you do a search under the term “gemcoin”.
And on the websites that you see there, scroll through the different websites that they have, there seems to be a recurring appearance of the City Councilman, and at that time also Mayor, John Wuo.
When he was contacted by the Arcadia Weekly, his comments were “I don’t know anything about GemCoin”.
This is the official response of Wuo to questions about his tie to USFIA we mentioned earlier.
Despite appearing and speaking at many USFIA events, Wuo insists
he has no financial interest in and hasn’t received any compensation from the companies connected to Gemcoin, nor is he a Gemcoin investor.
Whether Wuo has received direct or indirect compensation from USFIA however is unclear.
Citing media online in which Wuo praises GemCoin and USFIA, the Arvizu called Wuo out for giving the scheme and its GemCoin a “glowing endorsement.”
Addressing Wuo’s claim that he “felt used” by USFIA, Arvizu replied:
Mr. Wuo, I’m a citizen of Arcadia. I feel that I have been used. I don’t believe you.
I do believe that you are business partners with these individuals. And that you are being compensated for these appearances, and the money you are being paid is ending up in some overseas bank account.
But I’ll let the US Treasury Department worry about that.
What I want to know is, what gives you the right to use the good name of Arcadia to promote your own financial gains?
This is the third strike. The first, as a real-estate broker with Golden Apple International, you ignored a conflict of interest and continually voted on matters regarding real-estate development in the City of Arcadia.
Then, there was the trip to China that never happened and the $30,000 in donations – that you claim the city never received, yet somehow the city returned to the donors… who, as we found out through investigative reporting, were tied to real-estate development in Arcadia.
And now, this. Three strikes.
Mr. Wuo, you are a shady politician and you don’t deserve to be associated with the city of Arcadia.
Arvizu’s comments were met by applause, which irked sitting Mayor Gary Kovacic.
Despite having no problem with applause following the two previous speaker’s addresses, Kovacic told those assembled:
Please let’s not applaud this, this is infact a business meeting.
The applause doesn’t make the message any more enforcing or clear, so let’s just try to get through this with minimal applause.
Another Arcadia resident speaking after Arvizu did not directly mention Wuo, USFIA or GemCoin, but did mention concern about Ponzi schemes in general.
In the following agenda item of the meeting, council members were given a chance to respond to the public’s concerns. Wuo spoke for some time about a zoning lawsuit filed by residents of Arcadia (which he referred to as frivolous), but did not address his ties to USFIA or the comments made.
Wuo previously disclosed to Arcadia Weekly that he worked with USFIA President Steve Chen, as a real estate consultant for two years.
Whether or not anything further comes of Wuo’s involvement in USFIA events remains to be seen.
As evidenced by the issue coming up at a council meeting however, residents of Arcadia themselves are starting to ask questions and look into Wuo’s USFIA ties.
Update 9th July 2015 – Footage of the July 7th Arcadia City Meeting is now available.
Relevant timestamps are [1:03:00] for Arvizu’s address and [1:40:00] for John Wuo’s failure to address his ties to USFIA.
Thanks for the run-down Oz. I had to work last night and was looking forward to reading something on this when I got home.
Article updated with link to footage of the City Council meeting and a more accurate transcript of what was said.
I keep looking on this “American Mining” angle and found something interesting.
There’s a reason why Steve Chen picked the Chinese name that way… There actually is already an “America Mine Holding Inc”… based in Mexico and owns 11 mines Ensenada / Tijuana area. Its Chinese name is 美洲礦業控股公司．Most people would just say 美洲礦業，same Chinese name as USFIA.
NOLINK://www.abcdjob.cn/zhaopin/14102.html
Furthermore, there already is a USFIA: US Fashion Industry Association.
Found this video tour of USFIA location. This is before they debut the Gemcoin thing, because the lobby sign still says AFG, not Gemcoin.
NOLINK://www.tudou.com/programs/view/qetW37aJwoc/
Full explanation is now online with proof that “America Mine Holding” established 2010 in Shenzhen is the real deal, and Steve Chen’s USFIA stole the Chinese name to confuse people in China, and now, by adding Gemcoin as additional layer, rebooted the scheme in the US.
amlmskeptic.blogspot.com/2015/07/usfia-update-turns-out-all-both-chinese.html
Digging through the video mentioned earlier found that the video was actually in Spanish, made by “Edgar Motta” of Miami who paid a visit to Arcadia USFIA HQ for his followers.
Along with two other “leaders” (including a “Geraldo”), they walked through the offices of USFIA/AFG/whatever where they talk about needing FOUNDERS (fundadores) to invest in the thing.
The video proves that amber is but a tiny part of the business. The amber showroom was smaller than the VIP conference room. Thus, all the talk about mining amber is bull****. And it’s worth noting that Edgar Motta seems to be no longer involved in USFIA.
NOLINK://amlmskeptic.blogspot.com/2015/07/usfia-update-what-was-usfia-doing.html
Here’s a video “Visiting Arcadia GemCoin Office — Ultimate Rich Team”, 1:47 min., HD 720.
youtube.com/watch?v=XRXyVJUhR38
It shows the the entrance, the GemCoin sign, the two ATMs, the AFG sign.
It may have been posted before (I don’t remember all the videos, but I have seen that one before in lower quality).
That’s from “Adnan” of Malaysia, AFTER they have switched to Gemcoin entrance. The video I linked was from 2014, when they still show AFG. Back then, no Gemcoin, still “riches through amber”.
@K Chang
Great work on this one. Without your talents very little of this would be available.
Keep an eye over your shoulder, Wou may come after you 😉
Here’s the REALLY damning evidence… That this is the scam that was chased out of China, despite Chen’s claim that Ho Peng in China was a rogue operator.
THEY KEPT THE SAME COMP PLAN.
OZ: Check out the USFIA comp plan, in Chinese, as of April 2014. This was the comp plan they were using in China when they got busted.
ds12315.com/html/qiyeweigui/2014/0314/2270.html
You will find it SUBSTANTIALLY similar to the one you found for the current USFIA in your initial review.
Ho Peng was not a rogue operator. He was IMF’ed. And Chen didn’t even bother changing the comp plan much before applying it to the Chinese ex-pats and Europe. He just tacked on “Gemcoin”. There’s no doubt he’s continuing the scam despite any claims to the contrary.
I think we can conclusively confirm USFIA in the US is the same Chinese scam :D.
Where are they now is the question…
a city council member embroiled in a rebooted chinese ponzi, being run out of arcadia, targeting people in the far east, with god knows how much ponzi money being pumped into arcadia real estate…
i mean, the US is run over with lots of ponzi scams from the garage variety to telexfree, but a mix of politics and big business and ponzi money is a whole new dimension and especially worrying.
the sierra madre tattler has carried your article today oz,
sierramadretattler.blogspot.in/2015/07/behind-mlm-arcadia-councilman-john-wuo.html
seems the heat is being turned up under wuo’s ponzi ass:
the pasadena star-news reported on july,8,2015:
it seems wuo with his builder buddies wants arcadia highlands as his private construction ground. this is why he voted to stop the zoning code update:
pasadenastarnews.com/government-and-politics/20150708/arcadia-residents-former-mayor-threaten-to-recall-three-city-officials-over-careless-decisions
pasadena star-news july 8,2015:
a recall election is the procedure by which citizens can remove an elected official by direct votes.when sufficient numbers of voters sign a recall petition, the official can be removed from his post or may resign.
with corrupt politicians it is often difficult to ‘Prove’ the case against them [eg: wuo and gemcoin], as they cover their financial tracks pretty well. a recall however, can be a powerful weapon against such sophisticated corruption . jus’ throw them out!
in arcadia [california] the rules for recall are thus:
arcadia has a population of approx 58,000, and hence needs 15% votes approximating to 8700 recall votes [assuming all arcadians are registered voters]. very doable!
John Wuo’s disclosure form as of last city council election says despite him having over 100K (but under 1 mil) interest in Golden Apple (predecessor of UCCA/USFIA) he earned less than 500 a year from it.
fppc.ca.gov/form700/2012/City/A-E/R_Wuo_John.pdf
It looked very normal. Most people have SOME interests or positions in different companies.
Golden Apple is headed by Steve Chen and Solomon Yang, both of whom were also founders of UCCA / USFIA / whatever.
chang, all your work on USFIA/american mining/steve chen/gem coin, is really going to help a US investigator at some poit.
the sierra madre tattler has carried all your articles on ‘a mlm skeptic’:
sierramadretattler.blogspot.in/2015/07/the-arcadia-gemcoin-jubilee-continues.html#comment-form
on july 11, 2015, the official USFIA/gemcoin FB page announced that they have 40 accounts trading on the ‘blockchain’, and they are solving problems to allow more trading, and that gemcoin had reached a value of 0.3116 $.
they have provided photos of the ‘blockchain wallet’, which has allegedly been borrowed from ‘blockchain.com’, which is the world’s most popular Bitcoin wallet.
on july 12th, someone has left a comment on the USFIA/gemcoin FB page which says:
this is the image from the USFIA/gemcoin Fb page:
facebook.com/gemcoin.us/photos/pcb.860678833985385/860678483985420/?type=1&theater
these guys are under so much heat, but that just wont stop them from continuing with their lies.
They are just finding any random picture hoping to fob off the masses. They are not counting on the fact-checkers. People are getting nervous about the unverifiable stuff they’ve been hearing.
The most hilarious part is… Why are they using the Adobe PDF reader to show off web pages? The “sign / tools” menu and the zoom in/out buttons are quite distinctive. Those aren’t dialog boxes of transactions. They are screenshots of screenshots packed into PDFs.
Full explanation with illustrations now online:
NOLINK://amlmskeptic.blogspot.com/2015/07/usfia-update-who-are-they-trying-to.html
what a bunch of idiots the USFIA gang are! stupid stupid stupid.
they scam all over the world but have the brains of a dodo.
guys have some respect for your profession [thuggery] and show some intelligence at least! 🙂
haha, the residents of sierra madre are throwing some sarcastic barbs at the city public works department! possibly angered at the john wuo/gemcoin embarrassment at their doorstep, a citizen has written to the water dept asking if he can pay his bills in gemcoins, and included a link to a behindmlm article in his email:
3.bp.blogspot.com/-0FPLrkdHLqU/VaczST86aQI/AAAAAAAATQw/6B9Y4xX1Gsw/s1600/Screen%2BShot%2B2015-07-15%2Bat%2B9.15.17%2BPM.png
bruce inman, director of public works replied that sierra madre is ‘currently’ not accepting gemcoins as payment. what mr inman! are gemcoins on the agenda for the future then? 🙂
4.bp.blogspot.com/-j-V8vt73GMU/VaczZdFazmI/AAAAAAAATQ8/iirRYcIvNgs/s1600/Screen%2BShot%2B2015-07-15%2Bat%2B9.14.59%2BPM.png
read the^ article at:
sierramadretattler.blogspot.in
wherever they are, chen and johnson are up to some tricks to try cover their ponzi footprint.
i think they are trying to show that their gemcoin is actually backed by amber.
in june 2015, they roped in a local californian accountancy firm called ‘KCW CPA & Associates’ to perform a physical inventory report, which is dated june 29, 2015.
there is a letter from KCW CPA which i was unable to enlarge, can someone tell what it says?
there are photos of uniformed guys [private security?] taking boxes of something in or out of the USFIA arcadia office.
also, the inventory counts up ‘pieces of something’ but gives no valuation. who knows whether it is amber or cheapstake amber or plastic?
usfia.1diq.com/15-milliard-de-garantie/
Relevant part with all the froth and bubble preamble removed says:
“Auditor observed the physical inventory counts and performed post inventory count testing if unable to attend the actual count and performed sample test counts.
Auditors weighed each of the forty boxes in which each box contained 4 big plastic bags where there are 200 zip plastic bags in one big plastic bag and one stone ring in each of the zip plastic bag. (Please see illustration 2 & 3) Auditors also counted each piece of the stone ring and scanned the condition of the stone rings by eye
RESULT: The weight of each box is between 7.86 lbs and 9.01 lbs. The size of each stone is about the normal size of a soy bean. (Please see illustration 4)
There are 32,000 pieces of stone rings in total in the observed 40 boxes.(Please see worksheet 1)”
thanks LRM.
well, i’m glad the auditor classified the material as ‘stones’ and did not venture to call them ‘amber’.
i’m just hoping USFIA doesn’t get their gem appraiser+security guard whatshisname to declare that these stones are rare amber!
This is just getting too good – the “adjustable” rings are the type you can get out of one of those machines at a grocery store where you put in a quarter and twist.
Which leads me back to the “who falls for this crap” thoughts all over again..
So these are the boxes heading to the US Treasury as security for Gemcoin – Priceless
I just had to take a look at this. The letter describes in somewhat broken English the objective and scope of the observation. Apparently management (described as the “department”) retained a Chinese surnamed accountant to count and weigh some jewelry kept which was insecurely kept in plastic boxes in an unsecure facility.
The accountant states that he observed an estimated 32,000 “stone” rings in 40 plastic boxes.
There was no attempt to appraise the value of the jewelry, or to evaluate the quality or type of stone however it is pretty obvious the settings for the “stones” (whatever they are) are of the cheapest quality, consistent with something you might find at Walmart or on E-bay for a few dollars. The rings are of the “one size fits all” variety (one only pinches the ring to make it fit) and appears to be chrome plated.
If indeed this cache of costume jewelry is worth $15,000,000 then the value of each ring is purported to be about $468.
Similar looking rings, for sale on E-bay list for as low as $2.
KCW CPA provides it services especially to the chinese community of california:
uh, KCW would be wise not to treat USFIA as a ‘business partner’, that could end badly!
and who hoards precious stones in the form of rings? and who keeps them in an office premise? such stuff is generally kept in a secure bank locker or something.
and the USFIA office photos show a few pieces of jewellery like necklaces etc. why aren’t they mentioned in the inventory?
An auditor should normally have checked the origin too. Rings will need to have been manufactured somewhere, we don’t dig them out of mines. 🙂
And these rings were obviously mass produced in huge quantities, so they can’t be very valuable.
🙂 imagine having pure amber at your disposal and cutting it all into same size pieces!
if you’re using amber as your financial backing, you will keep the chunks of natural amber as they are. a large uncut piece of amber, will be way more valuable then little soyabean sized pieces.
i think chen, in a moment of stupid smartness, has got his ‘amber’ inventoried, and snuck the material out of the arcadia office. he didn’t want to be caught with fake amber rings if the regulators come calling.
later on, he may build a story about amber stored in some offshore bank or something?
Its a poor choice of words at the very least.
Nope. That’s beyond the scope of the engagement and has nothing to do with the stated objectives of the audit.
undeterred by their layers of lies being continuosly exposed, and without explaining why their gemcoin wallet carries the logo of bitcoinwallet of blockchain.com [which has clarified it does not do business with gemcoin], and without explaining why their gemcoin wallet is a pdf file, the official ‘usfia gemcoin’ FB page announced an hour ago:
uh, the First Step for legal compliance would be NOT to run a ponzi scheme.
hello steve chen, pay attention, what went down with unetenet this very week?? here’s a reminder:
get it chen? are you going back to arcadia anytime soon chen? the people miss you! you’re going to get a warm welcome!
I haven’t seen the objective of the audit?
“Physical Inventory Observation Report” doesn’t really tell anything about the objective.
Then you are talking out of your ass.
Or maybe you misinterpreted something?
An auditor should normally check all relevant factors. They should normally not “limit the scope”, or allow the client to do so.
Yeah well I’d like a list of the names and addresses of all the persons involved in manufacturing the rings. Get on it will you.
inventory is one of the ‘assets’ of a company.
counting inventory is meaningless, unless some value is ascribed to it.
inventory is audited to help calculate the profit or loss of a company, or its financial strength.
imagine doing an audit of a construction company and saying ‘there are 10 buildings in the inventory’. what would that even mean?
i think USFIA just bought itself a sham inventory audit, for reasons which may play out later.
I have no idea what you’re talking about there. You have most likely misinterpreted something initially.
The scope of the audit was clearly limited. It didn’t even cover looking at invoices from the manufacturer or wholeseller, something an auditing firm normally will do.
You focused on something auditing firms normally will NOT do. They will normally NOT ask completely irrelevant questions.
Auditing firms will usually ask a lot of tough questions about anything they need to know. This auditing firm doesn’t seem to have done that.
The auditing report suddenly became unavailable — the whole website 1diq.com is down “for everyone” (downforeveryoneorjustme.com).
The “Physical Inventory Observation Report” may have been part of a more complete report. It makes very little sense as a stand alone report.
Physical inventory observation report is something you sent a junior warehouse clerk to do, not a CPA.
Anyone noticed if the report is notarized?
That’s right. It was… and as one should expect the auditor stated the limiting conditions in his summary report.
It means the company has ten buildings. Nothing more and nothing less.
This company has 40 plastic boxes containing approximately 31,000 rings. Nothing more, nothing less. That’s what the auditor said, and that is all that he said.
Some other bozo implied that the rings were worth $15,000,000…not the auditor. Valuing the rings was probably beyond knowledge and expertise, and most certainly beyond the scope of his engagement.
Its not, and there is no legal reason that it needs to be. The CPA signed off.
Its my bet that the CPA is known and trusted by someone that is not local, who does not often visit the Arcadia office and whoever ordered this audit wanted a trusted person to do the counting.
Here’s the rest of that audit report …
So it’s an internal report, not meant to be used for any other purposes than internal control routines. And it certainly doesn’t back up any $15 billion claims.
The rings probably cost less than $1 per ring in wholesale. They are most likely mass produced in China or India.
One manufacturer in China offered to deliver up to 2.5 million “Blue Amber” rings per month (wholesale). 🙂
A report from the junior warehouse clerk would have been less useful as a “proof” to back up the $15 billion value claim.
They KNEW what they were doing when they used a CPA. 🙂
You are assuming that the audit was conducted to “prove” value. There is no evidence that it was done for that purpose.
If anything the documentation and particularly the pictures accompanying undermine any claim of exceptional value. Its trashy costume jewelry and anyone can see that.
Hoss, it’s simpler than that. The “audit” was simply to GIVE APPEARANCE of proven value. It’s just enough to fool the sheeple, nothing more. It wasn’t meant for critics or doubters.
I looked at how it had been used = to back up the $15 billion claim.
My post #30 referred to the information in post #25. That’s why I assumed you had misinterpreted something initially. And you clearly had.
The report has most likely been ordered to be used as “proof” for something. Or do you believe otherwise?
Here are some auditing methods related to Physical Inventory, what I referred to in my statements about “An auditor should normally have done …”.
accountingtools.com/inventory-audit-procedures
To clarify something …
In post #30, I used the part of the report posted by LRM in post #25 as a primary source. I also checked Anjali’s link in post #24 briefly = how the report had been used as part of the “proof”. Your own post #28 wasn’t visible at that time, so I didn’t reply to your post.
The other half of the report was first posted in post #45. I hardly looked at it before that post, because it wasn’t possible to enlarge directly.
As the link itself provides ” Here are some of the inventory audit procedures that they may follow:”
“MAY follow,”
None of the procedures is mandatory.
Oh I agree. Its theater. Why have six guys buckled up in blue monkey suits carry plastic tubs if the merchandise is not very valuable? I just wonder where they were taking the trinkets to, or from? Were they just on loan?
Its hardly credible that even the dimmest sheep would believe the tubs contained something worth $15 Billion dollars, so what’s the rest of the story?
I enjoyed the “Great Wall Patrol” logo on the van.
Apparently the blue shirt guys are a weaker, more feeble variety of security guard, as they are only able to carry Sterilite container of valuable amber each – as opposed to the black suits, who are able to carry 3 at a time.
i think it’s not about ‘dimmest’ or ‘brightest’ but that people WANT to believe.
people who rip off other people, may have ‘guilt issues’ and they need to believe in a ‘story’ which absolves them in some way.
they fool others, and are not above fooling themselves too.
And some nolinks from 1diq I found to be interesting..
NOLINK//usfia.1diq.com/wp-content/uploads/2014/07/AhomeGroundBreakingPic01.pdf
NOLINK://usfia.1diq.com/wp-content/uploads/2014/07/AhomeGroundBreakingPic02.pdf
I’ve saved these for reference later if needed. =)
There hasn’t been any disputes about that? You have probably misinterpreted something there.
I have the feeling that we’re discussing some completely different things here. I tried to follow the logic in post #24 and post #25 in my comments. I didn’t try to follow any of your ideas there.
Anjali linked to the “15 milliard garantie” in post #24, where they clearly tried to use the audit report as some type of “proof”. My comments were about that.
LRM posted a part of the report in post #25. I used that as a primary source to look into the type of proof.
I have no idea what you’re discussing – e.g. the relevance it has
That’s amusing. It appears to be yet another case of your convenient amnesia.
“I have no idea what you’re discussing – e.g. the relevance it has” was meant to be read in context with the rest of the post. So it isn’t about amnesia.
Most people here are trying to discuss USFIA / Gemcoin and related topics. The audit report was a part of that, it wasn’t “an interesting new topic everyone will be interested in”.
The primary function of the audit report seems to be its usefulness as a false “proof” when combined with photos of security guards. It’s usefulness as a management control tool seems to be a secondary function.
I have tried to focus on that primary function, e.g. “a report from the junior warehouse clerk wouldn’t have had the same effect”.
And I really don’t have any idea what you are trying to focus on. 🙂
If the Jurassic Park narrative applied to amber production rather than dinosaur production loses its luster, the story could shift to:
* International intrigue worthy of a spy novel.
* A mysterious plane purportedly carrying precious gems developed mysterious engine troubles somewhere over Europe and was forced to make an emergency landing, creating a need for an in-house audit of some sort.
* The audit will determine that USFIA somehow had been duped and now was in possession of fake gems.
* The situation will be blamed on bank-account seizures (real or imagined), an unidentified trader or a purported liquidity provider who suddenly has gone missing.
See SEC v. Richard Dalton and Universal Consulting Resources
LLC. Also see United States of America v. Richard Dalton and Marie Dalton.
For other possible plot twists, see United States v. Keith Simmons, the operator of the “Black Diamond” Ponzi scheme.
PPBlog
It doesn’t matter since you have gone amnesiac.
it means a lot, if ‘counting numbers’ is someones special ability.
as an inventory audit it means zilch.
Thats quite a narrative. You seem to be saying that any story will do whether it makes sense or not since there are people willing to sell it and others gullible enough to buy it.
I will check out the cases you mentioned.
Yes. That pretty much sums up my thoughts.
The scammers’ claims may trigger your gag reflex. Make sure your vomit bucket is close by.
PPBlog
Similar to selling the idea that people should buy a shop in the middle of nowhere; and using the excuse that it can be successful because it is LEGAL to do so.
It’s neither practical nor logical, but since it’s ‘legal’, it’s an idea that can work.
I don’t get your point. If I hire someone to count buildings and I am told I own ten then the auditor has done as asked and I received the information sought. There is no more to it than that.
Keep it simple….because it is.
Auditing firms can perform “other types of services” for a client too, e.g. services that could be performed by any firm, so called “no formal requirements services”.
ANY firm could have produced that “Physical Inventory Observation Report”. A junior warehouse clerk could have produced it too. There’s no rules saying that they MUST use an auditing firm or that they CANNOT use that type of firm.
It’s not an auditing report, but a stand alone tool to assist the management in its internal control procedures.
hi All, do you realize that the UCCA website is currently down! what are they trying to hide or change???
ucca.alliancefinancialgroupusa.com/
ucca.alliancefinancialgroupusa.com/relatedNews.html
K Chang: please check out the below link, and see the chinese version of “why you should invest in Gemcoin“ or “Eight Advantage of Gemcoin”.
It is internal distribution from wechat or QQ which the Chinese leaders control and brainwash to their memebers. Most people invested Gemcoin based on the below false claims.
mp.weixin.qq.com/s?__biz=MzA4NDQzMTY2NA==&mid=241831944&idx=1&sn=51816a8fdaa3cbe5ca016e76cc730304&scene=1&from=singlemessage&isappinstalled=0#rd
Translation is needed:
Several victims has personally or asked Yang to told to John Wuo that USFIA investment is a scam and reminded him not involve. However, he ignored for his financial benefit.
Steve Chen provided him political donation and let members and investors to spend on his brother’s yacht.