Multiple news sources, including onsite witnesses, have reported that FBI, SEC, and several other agencies have raided USFIA on 9/29/2015 and froze its assets, and appointed a receiver to take over.
San Gabriel Valley News
Epoch Times
According to Epoch Times, citing onsite witnesses, the authorities arrived at 1PM, and took all the important documents. Reporters arrived at 4 PM, and only the receiver and lawyers are left, a locksmith was changing the lock, and various employees leaving with personal effects. Some investors trying to get inside and find out what's going on were turned away.
Investors included both Asians and Latinos. "Nereyda Alvarec" said people she knew have put in possibly over 1 million dollars, from all over the country, even outside of the US. She put in 3000 personally, and got back about 1000. She thought everything was fine, now she's not sure.
Long Z. Liu, an attorney who represented some victims, needs more victims to come forward, and want the best representative cases... no downlines, simple and clean background, high believability. He believes he can launch the lawsuit in 2 weeks or so, and he will sue EVERYBODY that was advertised to be involved, including John Wuo and other "honorary members" of UCCA such as Quen Jian.
And finally, Singtao Daily
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San Gabriel Valley News
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| SGVT: U.S. Government seizes Arcadia company's assets in GemCoin fraud case (29-SEP-2015) |
Epoch Times
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| Epoch Times: Gemcoin HQ seized by law,. assets frozen (9/29/2015) |
Investors included both Asians and Latinos. "Nereyda Alvarec" said people she knew have put in possibly over 1 million dollars, from all over the country, even outside of the US. She put in 3000 personally, and got back about 1000. She thought everything was fine, now she's not sure.
Long Z. Liu, an attorney who represented some victims, needs more victims to come forward, and want the best representative cases... no downlines, simple and clean background, high believability. He believes he can launch the lawsuit in 2 weeks or so, and he will sue EVERYBODY that was advertised to be involved, including John Wuo and other "honorary members" of UCCA such as Quen Jian.
And finally, Singtao Daily
