Give Light and the People Will Find Their Own Way, South Florida Sports Headlines Newsletter. If you want to inform the prosecutor of your views regarding potential plea agreements, or any other aspect of the case, please contact the prosecutor assigned to this case or call the Victim Assistance Line toll-free at (888) 549-3945 or email us atvictimassistance.fraud@usdoj.gov. Unfortunately, even with over 313K views between the two videos it didn't stop Mike Glaspie from scamming his investors. In late June, the venture capital firm Andreessen . Although the statute specifically sets forth your right to seek advice of an attorney with regard to your rights under the statute, there is no requirement that you retain counsel. If you elect not to retain counsel to represent your interests, you do not need to do anything. Federal prosecutors said that Glaspie claimed that CoinDeal would yield very high returns on the premise that one or more technology companies were about to be acquired by a consortium of wealthy buyers. | Articles Celebrity Skin Cream wrinkle cream rip-off advertisements US Based and Foreign companies bilked consumers out of Hundreds of Millions of dollars over the past 7 years. For more information about the charges in this case, please see below: Indictmentfor Neil ChandranPress Releasefor Neil Chandran, Informationfor Michael GlaspiePress Releasefor Michael Glaspie. It might not close, as can happen with ANY business deal. I dont think there is anything wrong with having questions. -He keeps giving my family deadlines: Prepare for your payout at the end of this week! Mike Glaspie (@MikeGTeaches) | Twitter Mike Glaspie @MikeGTeaches Joined February 2021 Tweets Tweets & replies Mike Glaspie @MikeGTeaches 16m Follow me on YouTube! Court documents showed that Michael Glaspie, 72, of Palm City, marketed an investment opportunity under the name "CoinDeal" or "Coin Deal.". The FBI will continue to do what we have done for over 100 years and investigate those who attempt to defraud unsuspecting Americans of their hard-earned money. Michael Glaspie admitted today to his involvement in a widespread scheme to defraud investors for his personal benefit, said U.S. Attorney Steven A. Russell for the District of Nebraska. All defendants are presumed innocent until proven guilty beyond a reasonable doubt in a court of law. Michael Glaspie, 72, of Palm City, defrauded his victims of . PALM CITY, Fla. (CBS12) A Florida man pleaded guilty on Thursday to orchestrating an investment fraud scheme. A federal district court judge will determine any sentence after considering the U.S. How those businesses take care of those complaints is what separates good businesses from the rest. Glaspie pleaded guilty to one count of wire fraud. You asked "why would he give you this opportunity?" Hes always saying theyre about to close on the deal, then something goes wrong. Internet. Glaspie also falsely claimed that he never paid himself with CoinDeal investor funds, when in truth, he misappropriated nearly $2.5 million of victim investments for personal purposes, including trading cryptocurrency, paying his employees salaries, and buying a life insurance policy for a family member. Property Profits Real Estate Podcast . Michael Glaspie is a former city council member and assistant to the pastor at Mount Olive Baptist Church, according to his campaign website. Those are not typos: the price of a used laptop would make $12 million dollars. 6.) Chandran, Davidson, Glaspie, Knott, Banner Co-Op, and BannersGo with violating the antifraud and registration provisions of the Securities Act and Exchange Act; Davidson, Glaspie, Knott, Banner Co-Op, and BannersGo with aiding and abetting certain of Chandrans violations of the antifraud provisions of the Exchange Act; and. Sentencing Guidelines and other statutory factors. Government attorneys represent the United States. Spencer dissects Mike Glaspie and his Mike G Deal scam better than anyone yet. I want to go to the FBI. Palm City, FL. 6LinkedIn 8 Email Updates. Corporate Advocacy Business Remediation and Customer Satisfaction Program. Consumers love to do business with someone that can admit mistakes and state how they made improvements. Internet. Latest 26 Nov 2022 | Updated Daily. |, ESM, Inc., Mike Glaspie, The Shanklin Group - St George Utah, Resultzzs.com - Resultzs.com - OMNI BUSINESS SOLUTIONS, Mike G, Mike Glaspie, Danny Blue, Michael T. Glaspie, Mike Glaspie, Mike G Ak FreebieForce, Mikeg.nocashever.com, Ihaveagiftforyou.com, Mike Glaspie, Submit Solution, Omni Business Solutions, Forexenterprise.com - Nick Marks - Mike Glaspie - Marksenterprise.com. However, if you arent willing to talk to the source and actually educate yourself on the intricacies of the deal and Mikes mission/goal/intent, your opinion is completely uninformed and irrelevant. Glaspie claimed that CoinDeal would yield extremely high returns after one or more technology companies, operated under the banner of ViRSE and allegedly owned by Neil Suresh Chandran, were purchased by multiple wealthy buyers. Scammers dont offer free and wide-open access to them with an email address, phone number and an easily findable presence in the country. Glaspie pleaded guilty to one count of wire fraud. Glaspie also falsely claimed that he never paid himself with CoinDeal investor funds, when in truth, he misappropriated nearly $2.5 million of victim investments for personal purposes, including trading cryptocurrency, paying his employees salaries, and buying a life insurance policy for a family member. Websites: he has so many, but I'm including them here for SEO purposes so potential victims will find this report. Glaspie's platform includes improving infrastructure, lowering property taxes and cultivating institutional partnerships to expand the quality of education in Arlington. MikeG replied to me in a huff that he's just reporting what he is told and that he gets his information 2nd, 3rd, 4th, and even 5th hand! Who cares, next. It makes me sick. Sentencing Guidelines and other statutory factors. :4:22-CR-3077, United States v. Michael Glaspie a.k.a., Mike GCourt Docket No. Ripoff Report has an exclusive license to this report. Furthermore, when the promised sale of CoinDeal did not close, Glaspie transmitted investor funds to Chandran after falsely representing to CoinDeal investors that he would not do so. It means it hasn't closed yet. 4.) Tell us has your experience with this business or person been good? A program that benefits the consumer, assures them of complete satisfaction and confidence when doing business with a member business. The point of this poorly written passage is that the payouts have been delayed, and its because of some idiot on the boardfeeling bad. He is scheduled to be sentenced on June 16 and faces a maximum penalty of 20 years in prison. You are obviously not a loan partner and have never met or talked to Mike. Michael Glaspie. Official websites use .gov strict standards for business conduct. strict standards for business conduct. The posting time indicated is Arizona local time. Please sign this petition to demand the arrest of Michael Thomas Glaspie. To entice more investors, Glaspie falsely promised he would repay investors their money with seven percent annual interest over three years if the returns from CoinDeal failed to materialize, the spokesperson said. Michael Glaspie, 72, of Palm City, defrauded his victims of over $55 million by marketing an investment opportunity under the name CoinDeal or Coin Deal, a spokesperson for the United States Department of Justice informed. Polite, Jr., of the Justice Departments Criminal Division, said. By the way, MikeG, the official name is not the "Central bank of South Korea", it is called Bank of Korea. Your opinion is limited to a few things you Googled. Creative BIG deals with Michael Glaspie. According. Corporate Advocacy Program: How to repair your business reputation. Michael Glaspie is an individual with last known address in White Lake, Michigan. Justia US Law Case Law Michigan Case Law Michigan Court of Appeals - Unpublished Opinions Decisions 2001 MARY MCCURRY V MICHAEL T GLASPIE MARY MCCURRY V MICHAEL T GLASPIE Annotate this Case Share sensitive information only on official, secure websites. He is the co-founder and CEO of Blockstream, a bitcoin and blockchain technology company. West Palm Beach Florida, Tuffy Tire & Auto Service Center Mavis Tire & Brake Charged Nearly $700 for Non-Fix Bay City Michigan, Lighting New York lighting by Jared Sent damaged product wont refund after I sent back damaged product website description is fake, Tara U THEY SCAM THOUSANDS OF PEOPLE WITH THEIR FLOWER ORDERS. All rights reserved. That said, it is unlikely he will want out and he'll decide tonight at the Board meeting.. He believes in it, and our seller, that much. Think about that last statement. As user cool_skeptic stated in his report, and what MikeG's deal updates reflect, you will receive a whopping $12 million for providing a $500 "collateralized loan" to MikeG's con game. A lock (LockA locked padlock) or https:// means youve safely connected to the .gov website. Consumers educating consumers., Complaints Reviews Scams Lawsuits Frauds Reported.. | Store Securities, Commodities, & Investment Fraud, https://www.justice.gov/criminal-vns/united-states-v-chandran. TheICANetwork.com, SilentSalesmanBroker.com, Zabang.com, InvitationToJoin.com, ICanGet2.com, BannersGoMLM.com,MikeGOnWiki.com and MikeGReviews.com. This material may not be published, broadcast, rewritten or redistributed. https://www.ripoffreport.com/report/mike-glaspie/iowa-michael-icannetwork-t-g-1512131, Bitcoin, Crypto, Bitcoin mining, Mining Farm, ESM, Inc., Mike Glaspie, The Shanklin Group - Saint George Utah Be VERY Careful and GET THAT CONTRACT FIRST! Former Arlington school board trustee Michael Glaspie was elected as the City's newest at-large member on Saturday in District 8. Investment fraud schemes of any type will not be tolerated. You just gotta trust what MikeG says because he's so honest. The posting time indicated is Arizona local time. The FBI should look into this evil con artist. Who is ED Magedson - Founder, Ripoff Report. A Florida man pleaded guilty today to orchestrating an investment fraud scheme that defrauded more than 10,000 victims of over $55 million. I invested into the MikeGDeal directly to Mike Glaspie of Palm City, Florida for the opportunity of investing into unregistered securities (Mike G calls it a collateralized loan) in a company called ViRSE. Mossel and AEO Publishing with aiding and abetting Glaspies violations of the antifraud and registration provisions of the Securities Act and Exchange Act. This is the best way to manage and repair your business reputation. Michael Glaspie is a leading figure in the cryptocurrency industry. Use the links below to get free stocks and get free crypto. If you would like to see more Rip-off Reports on this company/individual, search here: Looks like the authorities have finally caught up with Mike T Glaspie, Mike T Glaspie has been formally charged by the SEC, Mike G is a good man I am heavily involved in his most recent project known as the Mike G project I am so thankful Mike has allowed ordinary people to be a part of this life changing project We are going to change the world for the better once this deal closes and it is closing very soon! Corporate Advocacy Program - Verified Status, How To Get Your Report Featured On All Report Pages. However, according to the indictment, there was no such buyer group that was about to purchase the companies for the claimed returns; a substantial portion of the funds were misappropriated for other business ventures and the personal benefit of Mr. Chandran and others, including the purchase of luxury cars and real estate; and the two notable billionaires were not involved in purchasing Chandrans companies. The U.S. Securities and Exchange Commission, in its quest to crack down on illicit cryptocurrency activities, charged a group for their alleged involvement in what was described as a fraudulent. Glaspie's criminal case stems from his promotion of the "Mike G Deal", which the DOJ confirmed was a $55 million "investment fraud scheme". Consumers love to do business with someone that can admit mistakes and state how they made improvements. Today we charged Neil Chandran, Garry Davidson, Michael Glaspie, Amy Mossel, Linda Knott, and others for their involvement in a fraudulent investment scheme named CoinDeal that raised more than $45 million from sales of unregistered securities to thousands of investors worldwide. The subject promised investors high rates of returns then misused investor funds for personal use. He keeps saying the deal will close, then it doesnt. That someone is his man on the inside, named Garry. | Privacy Statement. Copyright 2023 Scripps Media, Inc. All rights reserved. People get squirrely when they expected a return in a certain time frame (which Mike has NEVER promised he is not in charge of the information, he just communicates what he is told). By using this website, you accept the terms of our Visitor Agreement and Privacy Policy, and understand your options regarding Ad Choices. Thanks to the tireless efforts of our law enforcement partners to untangle this fraud, Glaspie will now be held accountable for this serious crime., This case identified a fraudulent online investment scheme that defrauded over 10,000 victims, said Assistant Director Luis Quesada of the FBIs Criminal Investigative Division. Copyright 1997-2023 Ripoff Report. Assistant Chief William E. Johnston and Trial Attorney Tian Huang of the Criminal Divisions Fraud Section and Assistant U.S. Attorney Donald J. Kleine for the District of Nebraska are prosecuting the cases. 1 Twitter 2 Facebook 3RSS 4YouTube The pitch for this so-called "investment" is so ludicrous on it's face that I'm baffled why otherwise intelligent people would switch off their brains when it comes to this likely scam. The information on this website will be updated as new developments arise in the case. 930-qy770.com88-888,,T1 And just to prove he's legit, every "partner" ("loan" contributor) will receive a $500,000 advance, regardless in you came in at the low $500 level or the top $100,000 level. >> TRENDING: 2 women shot near Dayton gas stations; Police investigate. Thats weird and stupid and Ive never heard of something like that. To entice investors to put money into CoinDeal, the DOJ said that Glaspie falsely promised that in the event the returns from CoinDeal failed to materialize, he would repay investors their money with 7% annual interest over three years. Hey warriors! GARRY J. DAVIDSON ("DAVIDSON") during all times relevant, was a partner in