USFIA hold GemCoin gala at Steve Chen McMansion

36 Comments on “USFIA hold GemCoin gala at Steve Chen McMansion”

#1

Oz

Sep 18th, 2015 at 9:09 am  Oz(Q)

Making note of this incase is becomes relevant in the future:

The domain advertised in the video is owned by “JOSE MANUEL SANCHEZ GARCIA”, with an address provided in Malaga, Spain.

It features a Spanish dubbing of the stock USFIA/AFG GemCoin promo video.

This might signal a push to recruit EU/PT/ES investors to keep GemCoin going that little bit longer.



#2

K Chang

Sep 18th, 2015 at 9:55 am  K Chang(Q)

Spain CMNV outlawed gemcoin back in May, didn’t they?



#3

K Chang

Sep 18th, 2015 at 9:59 am  K Chang(Q)

Got it. Great Wall security training of San Gabriel. That’s the badges source.



#4

Oz

Sep 18th, 2015 at 10:01 am  Oz(Q)

Great Wall Security Training Center (GWSTC) is a security training agency managed by an experienced team which is licensed and bonded by The State of California, Bureau of Security and Investigative Services (BSIS). License: TFF 1280, TFB 1175.

Great Wall Security Training Center (GWSTC) is a BSIS-licensed security guard training company which helps California security guards obtain their guard card and get a firearms permit, baton permit and OC pepper spray certificate to carry.

We are duly certified and insured to effectively provide services for the California security guard. Also, for VIP executive bodyguards who travel, we are certified to train for a multi-state CCW (concealed carry weapon) gun permit that is good for many states in the US.

These credentials are for the Utah and Florida non-resident concealed carry permits.



#5

anjali

Sep 18th, 2015 at 4:03 pm  anjali(Q)

since steve chen&party were forced to cancel their gemcoin event on august 28-30, 2015, due to protesters, he must have hosted the event at his mcmansion home.

he carries a gun in a hip holster at home??

what is he so afraid of, arcadian peacocks??

and hahaha, how can he run around claiming USFIA has nothing to do with gemcoin, after this video?

this would be plain funny, if there were no guns or goons around.



#6

K Chang

Sep 18th, 2015 at 4:04 pm  K Chang(Q)

All the badges say “security officer”, BTW.

Jose here owns a couple domains, gemcoin-bank (dot) com and gemcoin (dot) info, in addition to the one you blurred out.

And yes, Spain did call Gemcoin and USFIA “chirinquito financiero” (financial scam)

http://cnmv.es/Portal/verDoc.axd?t={c7e17254-9333-4825-b67e-4bee2830299c}

The URL ref’ed is no longer active, but company USFIA INC is mentioned directly.



#7

Fred

Sep 18th, 2015 at 9:13 pm  Fred(Q)

I don’t think Steve Chen lives in this house. It is probably on the market or recently sold, otherwise why are they getting things out of cardboard boxes (2:24, 3:00, etc.) and why are they sitting on folding chairs outside when there is plenty of indoor seating?

Pretty sure it’s this place:

redfin.com/CA/Bradbury/345-Oak-Mountain-Rd-91008/home/7974710

Which was sold to Steve Chen in 2014 and then immediately flipped to a real estate company he owns called Ahome. Who knows what THAT was about.

Looking at the photos, it’s interesting to compare the decor from the previous owners, to the current Nouvelle Chinese Gangsta style.



#8

K Chang

Sep 19th, 2015 at 12:13 am  K Chang(Q)

Ahome is a Steve Chen company, who also employs Lenny Johnson.



#9

Fred

Sep 19th, 2015 at 1:22 am  Fred(Q)

Also interesting to look at the photos here, amlmskeptic.blogspot.fr/2015/07/usfia-update-who-is-this-security-guard.html that show some of the same characters attending Gemcoin events in May and early.

Seems as if Chen trots these people out for any photo opportunity. Doubt very much they have invested in Gemcoin, more likely they’re on Chen’s payroll.

As we already know, his bodyguard moonlights as a “professional gem appraiser.” According to CA Bureau of Security and Investigation Services, www2.dca.ca.gov/pls/wllpub/WLLQRYNA$LCEV2.QueryView?P_LICENSE_NUMBER=1866116&P_LTE_ID=642 the bodyguard’s name is John Bao Ping Zhang, he’s a licensed security guard and has a firearm permit.

Same is true of Steve Chen, by the way. What a charming group.



#10

Oz

Sep 19th, 2015 at 6:12 am  Oz(Q)

So in other words, Ahome = GemCoin money laundering…

Man the SEC docs on this one are going to be one hell of a read.



#11

K Chang

Sep 19th, 2015 at 8:51 pm  K Chang(Q)

Case has gone National. It’s now on FoxNews.

foxnews.com/politics/2015/09/18/former-ca-mayor-accused-helping-company-under-investigation-for-scamming/



#12

anjali

Sep 19th, 2015 at 9:27 pm  anjali(Q)

K Chang: Case has gone National. It’s now on FoxNews

and its gathering steam in arcadia too according to an article by the sierra madre tattler today.

a leading businessman and influencer of the asian community in arcadia, kin hui, has publicly trashed john wuo on facebook:

Kin Hui September 17 at 11:06am

Again! Wuo must RESIGN. Shame on Wuo!

and believe it or not, sho tays ‘chinese daily USA’ has a long article describing the events in the city council meeting of sept 15th.

this is the same sho tay who deleted an article a few days back, about gemcoin and steve chen and john wuo.

i guess sho tay is publicly distancing himself from john wuo now.

will sho tay unfriend john wuo on facebook too? 🙂

sierramadretattler.blogspot.in/2015/09/johnny-gemcoins-wuo-is-rapidly-losing.html



#13

yo

Sep 19th, 2015 at 10:42 pm  yo(Q)

Article says “Former Mayor”?



#14

yo

Sep 19th, 2015 at 11:16 pm  yo(Q)

Is there a method to verify their license numbers which they must have in order to carry or be in possession of such weapons?



#15

hoss

Sep 19th, 2015 at 11:37 pm  hoss(Q)

yo: Is there a method to verify their license numbers which they must have in order to carry or be in possession of such weapons?

one or two localities attempted to establish publicly accessible carry permit registries, but they were “shot down” by the gun lobby, privacy advocates, the NRA, and 4th Amendment conservatives. its a touchy subject.



#16

K Chang

Sep 20th, 2015 at 3:52 am  K Chang(Q)

yo:
Article says “Former Mayor”?

John Wuo was mayor, and current city councilman, of Arcadia.



#17

K Chang

Sep 20th, 2015 at 3:56 am  K Chang(Q)

anjali: sho tays ‘chinese daily USA’ has a long article describing the events in the city council meeting of sept 15th.

I translated it all. 🙂 Google Translate left much to be desired.

TITLE: Gemcoin Incident Continues to Ferment / Residents Lambast John Wuo at City Council Meeting
Source: Chinese Daily USA

[Chinese Daily USA staff] Arcadia city council meeting commenced at 9/17 7PM in city council chambers. Over 200 citizens, along with mayor and all city councilmen.

At the citizen’s speaking time, various Arcadia citizens of white, Latino, and Asian ancetry continued to lambast councilman John Wuo regarding the Gemcoin incident.

Shixiong Wang, Arcadia citizen from Taiwan, stated “I ask for resignation of John Wuo”. Wang criticized Wuo for forcing “Big Times Requires Big City” movement onto Arcadia, a small town, and used his position to gain reputation and profit. Wang said, he knew Wuo for 20+ years, knew Wuo quite well.

Wuo’s abuse of authority is a matter of record, such as veto city government candidates at key votes. There’s also closing roads, with public resources, to welcome “celebrities” from China.

Wuo also denigrated some Chinese teachers, allegedly said “You’re just a few women from Taiwan, how could you know how to teach. I know how the system works (here), you’ll fail and I’ll be right.”

Wang said that he felt he can no longer stand by and say nothing, and accuse this “rotten apple”.

Since July, when the Gemcoin incident surface, Wuo has expressed no sense of contriteness, but instead tried to distance himself and whitewash himself. He even tried to get the city attorney’s office to announced his proclamation of innocence.

This is disgusting, Wang said. While the investigation is ongoing, this has had has a severe negative effect. Ponzi scheme involving millions of dollars hosted in city of Arcadia has put a black mark on the city, shame on the city.

Wang asked Wuo to resign quickly and soon, and ask city of Arcadia to do what it needs to do to protect its reputation and dignity.

Wang said, Wuo is hardly an innocent and naive man, shook hands with the wrong set of people, cut the wrong ribbons, kept the wrong friends, but instead, is a calculating man who leaves no stone unturned for profit.

If people are still doubting, and fail to see the real Wuo, they will be exclaiming “Why didn’t we see this?” like the 50 protesting victims of Gemcoin.

Citizen Eric also criticized Wuo’s endorsement of Gemcoin and USFIA both as mayor and as city councilman. he said, investors from China, Singapore, hong kong, due to language barrier, trusted Wuo, who spoke both Chinese and English with full fluency, and Wuo took advantage of the trust.

Many people said that they invested because Wuo expressed approval. Wuo even expressed that this investment is linked to city of Arcadia and even the US goernment.

The victims, due to language barrier, and being strangers in a strange land, or perhaps under threat and cannot speak to the media, did not contact the police.

Others contacted police a year ago, but perhaps due to language problems, did not further pursue the complaint. He also said, one reaps what was sown, one will be responsible for what one had done.

A white older gentleman criticized Wuo for getting money from the real estate developers, then transfered it to Roger Chandler as election funds, hope FBI will get to the truth.

If the lies continue during investigation, this may involve perjury (obstruction of justice? evidence tampering?) also cited Thomas Jefferson, “When government fears the people, there is liberty. When the people fear the government, there is tyranny.”

Arcadia citizen Huang Shang from Panyang, China said, he had been living in Arcadia for 17 years, and loved the city, but he’s very disappointed at the developments in recent times, due to city councilman who’s endorsement of Gemcoin USFIA aka American Mining, in Arcadia.

He had invested 129000 since 18-NOV-2013 and got nothing. This affects 300000 people around the world, involving 3 billion dollars. He trusted this company because he’s a resident, and his mayor and city councilman John Wuo trusted this company, according to the brochures handed out.

He wants justice for all the victims involved.

Citizen Lily expressed that she is representing many victims of Gemcoin to attend this city council meeting. She really believed in this and invested 20000, esp. because John Wuo had attended USFIA / American Mining / Gemcoin’s various activities and ribbon cutting, and many company promos have John Wuo’s photo, and Wuo said in public that Gemcoin has a lot of hidden potential as investment and economic development.

She said she saw Wuo often appear at USFIA office. Only recently did she discover that FBI is investigating and felt that many victims are not brave enough to stand up and be counted, to face what they have lost in the scam.

Lily was an emotional wreck, she choked out the final words, that she hoped Wuo will assist the victims to recover the money, because everybody believed Wuo was one of the principals in the company.

She’s five months pregnant, and she needs the money, and hope Wuo can return the money.

Gemcoin victim’s lawyer Long Z Liu said that he had communicated with more than ten victims, including both domestic and abroad.

According to information he obtained, in the US there are more than 10000 victims involving 100 million dollars. Three thousand victims are in the (Greater) LA area, and 80000 more in China, more than 1 billion RMB. That makes this a huge crime involving loads of victims and huge amount of damages.

Some of the victims have received threats, and victims have reported such to the police. Some victims claimed that someone was threatened with a heavy weapon (assault rifle?) in the USFIA offices.

According the CA Code 422, criminal threat is punishable up to 4 years in jail. heavy weapons (Assault rifle?) requires special permit and up to 8 years prison for violations.

As for pyramid scheme / endless chain, according to CA code 327 is punishable up to 3 years in prison. If guilty of all counts up to 15 years.

Liu said, Wuo is not a US congressman, but the promo pamphlets identified him as such. He’s not currently mayor, yet the pamphlets identified him as such.

Liu said that Wuo is using such to scam investors, and this is a large fraud. Such behavior was already declared illegal in China, and over 20 had already been arrested in China.

Based on their evidence, Wuo is intimately involved with this case, and Liu will launch class action lawsuit when ready, suing everybody involved. SEC, US Attorney’s office, and FBI will be involved.

Chinese American Equalization Association is also protesting at the city council. Chairman ZhenDong Tian said, he is representing the Gemcoin victims to help them protect their rights, and to inform everybody the victim’s true circumstances.

The victims have lawyer-letters and death threats and cannot appear. They came in the victim’s place.

Tian said Wuo repeatedly said he has no relations with USFIA, but search on Internet shows that company registration shows Wuo’s name. Wuo registered a company with California SecState, proving there is a link between USFIA and John Wuo.

Reporter tried to call John Wuo after the conclusion of the meeting requesting reactions to the various citizen’s statements, but Wuo never answered.

Original at uscnd.com/article/article-c187391.aspx



#18

K Chang

Sep 20th, 2015 at 4:02 am  K Chang(Q)

Kin Hui may be a bigger partner with Sho Tay than we expected. Hui’s Singpoli Group shares banners, front and center on the ChineseDailyNews website (next to Sho Tay’s gun range).



#19

Oz

Sep 20th, 2015 at 4:53 am  Oz(Q)

Phwuoooo…

After reading K Chang’s translation, I’m guessing Sho Tay is running for reelection next year?

I know he didn’t personally write all that, but as owner of the publication that’s one of the biggest 180s I’ve ever seen.



#20

lb

Sep 20th, 2015 at 6:11 am  lb(Q)

Pretty obvious Sho Tay wants people to forget his site has covered both Gemcoin and WCM in great detail and fully supported both.

I’m hoping the Federal side of the investigation drags him into the fray soon..



#21

anjali

Sep 20th, 2015 at 11:02 am  anjali(Q)

K Chang: I translated it all. Google Translate left much to be desired.

that was a tremendous effort. boss, you deserve a medal or something! 🙂



#22

anjali

Sep 20th, 2015 at 12:37 pm  anjali(Q)

in another thread i raised suspicions about whether chen may be involved in some underworld gun market.

today a commentator on the SMtattler blog has raised similar suspicions:

Anonymous September 19, 2015 at 12:34 PM

They may have set up that security company as a way of obtaining guns at wholesale prices and then shipping them overseas.

That 50 cal sniper rifle Chen is pictured with is illegal to possess in California except for law enforcement and gun dealers that sell to them.

There is something more going on here then amber and ponzu schemes

where there’s smoke, there’s fire.

i’m pretty sure the investigating agencies will be looking into the gun trade angle too.

i’m hoping people will raise suspicions about ning pan’s gun shot death too. let no stone remain unturned in this bloody mess.



#23

lb

Sep 20th, 2015 at 2:49 pm  lb(Q)

K Chang:
Kin Hui may be a bigger partner with Sho Tay than we expected. Hui’s Singpoli Group shares banners, front and center on the ChineseDailyNews website (next to Sho Tay’s gun range).

You hit that nail on the head Kasey, look who was hosting his election night party..

mtnviewsnews.com/v08/htm/n15/p06.htm

And he’s a partner in the whole news site thing..

uscnd.com/website/article-1.aspx



#24

K Chang

Sep 21st, 2015 at 6:56 am  K Chang(Q)

Video’s gone. Wonder if Steve Chen filed a DMCA takedown on it? 😀



#25

Oz

Sep 21st, 2015 at 6:59 am  Oz(Q)

“Removed by the user” = owner of the YT account pulled it.



#26

Oz

Sep 21st, 2015 at 7:02 am  Oz(Q)

Lol, run scammers run – youtube.com/playlist?list=PL5DiRwSYvNPkdurrOZN6iYeUPPOYkqFhf



#27

K Chang

Sep 21st, 2015 at 7:30 am  K Chang(Q)

Hmmm… he has a slide show/video of the May 2015 event still up! 😀



#28

K Chang

Sep 21st, 2015 at 7:31 am  K Chang(Q)

Wait, it has the full Wuo speech on it! (Not that long though)



#29

lb

Sep 21st, 2015 at 11:07 am  lb(Q)

I’m pretty sure I have all of the videos which were posted there if anyone wants them.

As for the speech, what did he actually say, and can it be construed as an endorsement?



#30

lb

Sep 21st, 2015 at 11:21 am  lb(Q)

@Oz – I haven’t said it yet, but you picked the perfect moment for the Mannix screen grab – still chuckling about that one.



#31

Oz

Sep 21st, 2015 at 1:03 pm  Oz(Q)

He’s just a funny looking kind of guy. That nose… surely GemCoin riches would cover some cosmetic enhancements?



#32

K Chang

Sep 22nd, 2015 at 9:43 am  K Chang(Q)

There’s a article in Vietnam about how locals are getting scammed. I’m on mobile so I can’t do the URLs



#33

K Chang

Sep 22nd, 2015 at 4:09 pm  K Chang(Q)

Here:

NOLINK://www.thanhnien.com.vn/kinh-te/lai-du-mua-tien-dien-tu-611027.html

Seems Gemcoin has gotten there too, and apparently all around that part of the world (Malaysia, Indonesia, etc.)



#34

Lorrydriver

Sep 29th, 2015 at 10:32 am  Lorrydriver(Q)

K Chang, Anjali and Oz. Three most learned people in this forum. Hats of to your dedication in putting out the plethora of information for all to read.

(Ozedit: Offtopic derail attempts removed)



#35

M Norway

Sep 29th, 2015 at 10:52 am  M Norway(Q)

Lorrydriver:
May I please ask you as to what kind of careers you guys pursue, which allows you to spend so much of your time trying to beat the evil with your good ?

You can get an answer from me … I’m not chasing any career opportunity here, and I spend an average of 1 or 2 hours per day on this type of work — just to keep myself updated.

“Limited time” is one of the reasons for why I haven’t posted anything in this thread. Another reason is that most sources are in Chinese, i.e. I don’t have the right type of qualification.

Lorrydriver:
I’m sure your philanthropy will certainly go a step further if you share those secrets, which some of the “hapless” investors can emulate, and be benefitted from. After all, your motive is to bring some happiness in their lives…isn’t it ??

I don’t have that type of motives. “Bring some happiness in their lives” sounds more like someone who has lost contact with reality.



#36

lorrydriver

Sep 29th, 2015 at 6:10 pm  lorrydriver(Q)

(Ozedit: This is why we don’t reply to offtopic derail attempts M_Norway.)