Showing posts with label financial crimes. Show all posts
Showing posts with label financial crimes. Show all posts

Thursday, July 1, 2021

In leading CU Buffs protection, Chris Wilson leans on knowledge

Take a look at this post by Brian Howell from The Denver Post discussing some important news items for the week. Brian Howell recently posted the article and I thought it was a great post for posting on this website.

Following a one-year stint as a defensive assistant with the NFL’s Arizona Cardinals in 2019, Chris Wilson was contemplating a break from coaching.

“I think in this industry, when you’ve been doing this a long time, sometimes it’s good to take a break,” said Wilson, now in his 28th season as a coach. “(After 2019), we were in that process of deciding if we want to just be still for a little bit and just kind of take a little time to recover.”

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The break didn’t last long, as he was hired in the spring of 2020 to coach the Colorado defensive line. Now going into his second year with the Buffs, Wilson is adding the duties of defensive coordinator.

With his first spring as coordinator behind him and the next season quickly approaching – CU opens the campaign Sept. 3 against Northern Colorado at Folsom Field – Wilson is leaning on his past experience and a strong cast of coaches to help the Buffs become a better defense.

“It definitely is a great opportunity,” he said of being a coordinator, while quickly adding it is a group effort with Demetrice Martin (cornerbacks coach), Brett Maxie (safeties), Brian Michalowski (outside linebackers) and Mark Smith (inside linebackers).

“My deal, at the end of the day, is making sure we’re organized and we’re clean teachers, and we all play a big significant role in it. Sometimes (the coordinator is) the guy who just takes the heat if it doesn’t go well. But … it’s an exciting opportunity.”

This is Wilson’s second turn as a coordinator, as he held that role at Mississippi State from 2010-12. Since then, he’s been at Georgia, Southern California, the Philadelphia Eagles – where he helped win Super Bowl LII – and the Cardinals.

In early 2020, former CU head coach Mel Tucker brought him in for an interview. Wilson, who coached the Buffs’ defensive line from 2000-04, was certainly interested in a return to Boulder, but shortly after interviewing, Tucker bolted and took the head coaching job at Michigan State.

When CU hired Karl Dorrell as head coach on Feb. 23, 2020, Wilson interviewed again.

“We’ve known each other for a long time and had mutual friends, but never worked together,” Wilson said. “I had a chance to come back to Colorado. So for me, it was a no-brainer.”

For Wilson, whose son, Caleb, plays tight end for the Eagles and daughter, Colby, plays college soccer, the return to CU has been energizing.

“It’s been fantastic,” he said. “You can see the evolution of the program; you can see that the institution is really doing a great job. The university is doing a great job of just supporting athletics in general. … You just see the place thrive and the new facilities that we have here, which are second to none. So it’s really a great time to be a Colorado Buffalo.”

Wilson is also enjoying a role in Dorrell’s efforts to build the program. The Buffs snapped a string of three consecutive losing seasons in 2020 to go 4-2 and reach the Alamo Bowl in a campaign cut short by the COVID-19 pandemic.

“He sets a really good foundation for his coaching staff,” Wilson said. “It’s very clean. It’s concise. You walk in here knowing what the expectation is and the standard is and it’s been refreshing to have a guy who understands how to build a program. That’s the thing that you see from his years of experience. … In these journeys, you learn a lot about yourself, and then how you’d like to see your program go.”

Much like Dorrell as a second-time head coach, Wilson is hoping to be a better coordinator this time around.

“That’s the one thing that doesn’t change is your ability to have self-awareness,” he said. “We all have areas of growth. Since the last time I did it … you pick up a lot of things that you can add to your toolbox and you’re also able to eliminate some things that you wish you would have experienced back then to know differently. It definitely plays a role, having that experience behind you.”

A second stint at CU has been the 14th stop on Wilson’s coaching journey. He’s happy to be back in Boulder but thankful for each of the opportunities along the way.

“The thing that I think you benefit from is the network of people you have to be able to pull from,” he said. “You learn a lot of different ways to measure success, a lot of different ways of teaching. And I think it helps you to become better as you grow. I’ve been fortunate to be around some really good coaches during this process and some really good institutions.”

Notable

Walk-on quarterback Grant Ciccarone, who spent much of the spring working third on the depth chart, has put his name into the NCAA transfer portal and is no longer on the Buffs’ roster. Ciccarone, from Cherokee Trail High School, played two seasons with the Buffs and did not appear in a game.











Sunday, March 14, 2021

Founder of a $147M Crypto Ponzi Scheme Sentenced to 10 Years in Prison


Central District Court in California sentenced GemCoin founder Steve Chen to 10 years in federal prison. Chen has been announced guilty of being the mastermind and leader of a $147 million crypto Ponzi scheme that involved mining and digital currency fraud, and tax evasion.

Over 70,000 Investors Defrauded with Gemstone-backed Crypto

According to the US Department of Justice, 63-year-old Californian Steve Chen and a team of conspirators have masterminded the fraudulent endeavor that remained active for two years – from July 2013 to September 2015. It was among the earliest recorded crypto Ponzi schemes. 

Chen was the owner and CEO of Fine Investment Arts, Inc. (USFIA), presented to his clients as a multi-level marketing company that extracted amber and other gemstones from non-existing mines it owned in the US, the Dominican Republic, Argentina, and Mexico.

Following, Chen received about $147 million from 72,000 victims by promising that their gemstone holdings back GemCoin tokens, thus marking one of the largest Ponzi schemes ever to face district court.

The fraudulent scheme used well-known marketing bait, encouraging investors to recruit others. In return, they would get compensation, including cash, travel costs, luxury cars, estates in the Los Angeles region, and EB-5 visas for immigrant investors.

“Because the primary focus was on recruiting other investors, rather than selling USFIA products to retail customers, the vast majority of investors were destined to lose money – while making [Chen] very wealthy,” reads the official statement.

Lured investors have reportedly entered the scheme with initial payments between $1,000 and $30,000 each.

Crime and Cryptocurrency Keep Getting Along?

The court’s statement reads that Chen has agreed to pay a $1,885,094 restitution to the IRS on the tax evasion count. A district judge has scheduled a restitution hearing for USFIA victim investors on July 16.

The latest Ponzi scheme is far from being the only one since bad actors consider cryptocurrencies an easy way to dupe their victims internationally, disguising their strategies as investment opportunities. 

Recently, US authorities extradited from Panama the co-founder of a major crypto Ponzi scheme AirBit Club, Gutemberg Dos Santos. He and his partners allegedly plucked their victims with about $20 million. Operators of the crypto fraud ran false advertisements, promising users significant rewards from Bitcoin trading and mining.

However, while cryptocurrencies and crime are still getting along, recent data from CipherTrace reads that mainstream crypto thefts, hacker attacks, and frauds have decreased by 60% on account of Defi crimes, which have risen significantly compared to 2019.

As CryptoPotato reported recently, multinational cybersecurity and anti-virus provider Kaspersky warned that crypto and BTC-related crimes might get even more attention from bad actors because of the high price of BTC and other digital assets.

Title: Founder of a $147M Crypto Ponzi Scheme Sentenced to 10 Years in Prison
Sourced From: cryptopotato.com/founder-of-a-147m-crypto-ponzi-scheme-sentenced-to-10-years-in-prison/
Published Date: Tue, 12 Jan 2021 13:04:01 +0000

Tuesday, August 18, 2020

Who is Tyler Tysdal?



Tyler Tysdal is introduced by Freedom Factory's Robert Hirsch in this brand-new video. Get In Touch With Tyler Tysdal on Linkedin here https://www.linkedin.com/in/tyler-tysdal/ or find out more about his experience in personal equity with Impact Opportunities Fund, Cobalt Sports Capital, TitleCard Capital Fund, Tivis Capital, and his wealth of understanding with the Securities Exchange Commission. https://www.instagram.com/tyler_tysdal/

Tyler Tysdal received his MBA from Harvard Company School and has actually been a handling partner with numerous portfolio business.

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Tyler Tysdal is a lifelong business owner helping fellow business owners offer their service for maximum value as Handling Director of Flexibility Factory, the World's Finest Organisation Broker located in Denver, CO. Liberty Factory assists entrepreneurs with the greatest offer of their lives.

Prior to establishing Flexibility Factory, Tyler Tysdal handled a growth equity fund in association with several stars in sports and entertainment. Portfolio company Leesa.com grew rapidly to over $100 million in incomes. Some other portfolio companies remained in the industries of red wine importing, specialized financing and software-as-services digital signage. In parallel to handling possessions for organisations, Ty was handling private equity in property. He has had a variety of successful personal equity financial investments and numerous exits in trainee housing, multi-unit housing, and hotels in Manhattan and Seattle.

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15 years of managing financiers assets, Tyler Tysdal's business handled or co-managed properties for households in markets such as health care, oil and gas, realty, sports and home entertainment, specialty loaning, spirits, technology, consumer goods, water, and services companies. Tysdal's team recommended customers to purchase almost 100 entrepreneurial business, funds, personal loaning deals, and property. Tysdals's track record with the personal equity capital he released under the very first billionaire client was over 100% annual returns. Tyler Tysdal has created numerous millions in wealth for customers. However, offered his lessons from working with a handful of the recognized, highly sophisticated individuals who could not seem to be pleased on the benefit or understand the prospective drawback of an offer, he is back to work entirely with business owners to assist them offer their companies.

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Tysdal has actually been an owner and Handling Partner of personal equity and venture capital firms, been an entrepreneur raising capital a number of times for his own companies and he began in financial investment banking working on Preliminary Public Offerings and Mergers and Acquisitions.

Tyler Tysdal also has in depth professional knowledge about the SEC. According to investors that represent a million sports, an indictment during the Carter administration with a million shares of cobalt 2020 was stated to be false. John Carter can assist with a federal grant. This page will supply you with a main location to browse the wealth of details available from both federal government and private entities who offer funding to people, companies and state and local governments. The links on this page, https://carter.house.gov/help-with-federal-grants/, offer helpful info that will enable you to research study details effectively and will guide you on composing grant propositions.

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