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Subject: Fahmi Quadir

Subject of Interest

Founder & Chief Investment Officer at Safkhet Capital

Born in the USA to Bangladeshi parents. Left PhD track to do research at Deallus Consulting.  Recruited by Michael Krensavage to be a short seller.

Central to the short selling of both Valeant and Wirecard. Has enjoyed a massive media elevation with no inquries into her connections to naked short sellers who destroyed both Valeant and Wirecard.

Website: https://safkhetcapital.com/

Comment: There is a new layer of naked short sellers and bashers on Wall Street that is connected to India, Pakistan, and Bangldesh. They are the new gang in town.

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Article: The woman shaking up Wall Street

Article - Media

The woman shaking up Wall Street

Safi Thind, SquareMile, 7 February 2020

“Valeant had a certain reputation within the industry,” she says. “I knew it was already engaged in unethical, potentially fraudulent practice. Pharmaceuticals are a very established industry, when someone tries to disrupt it and post unusual numbers, there’s probably something wrong.”

Read full article.

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Article: Russian scammer tied to Naama Issachar case jailed for 9 years by US court

Article - Media, Publications

Russian scammer tied to Naama Issachar case jailed for 9 years by US court

MATTHEW BARAKAT, 27 June 2020

A Russian computer hacker who facilitated $20 million in credit card fraud and ran a sophisticated clearinghouse for international cybercriminals was sentenced Friday to nine years in prison.

Prosecutors say Aleksey Burkov of St. Petersburg, Russia, filled a unique niche in the world of cybercrime, describing his Direct Connection website as “the most exclusive criminal forum on the web.” Would-be participants had to put up a $5,000 bond and have three existing members vouch for them. Once inside, members could buy and sell stolen credit-card numbers, hacking services and malware, and criminals with different skill sets could join forces to launch schemes. Continue reading “Article: Russian scammer tied to Naama Issachar case jailed for 9 years by US court”

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Article: Russian Cybercriminal Gets 9 Years for Online Fraud Website

Article - Media, Publications

Russian Cybercriminal Gets 9 Years for Online Fraud Website

Associated Press, 27 June 2020

A Russian computer hacker who facilitated $20 million in credit card fraud and ran a sophisticated clearinghouse for international cybercriminals was sentenced Friday to nine years in prison.

Prosecutors say Aleksei Burkov of St. Petersburg, Russia, filled a unique niche in the world of cybercrime, describing his Direct Connection website as “the most exclusive criminal forum on the web.” Would-be participants had to put up a $5,000 bond and have three existing members vouch for them. Once inside, members could buy and sell stolen credit-card numbers, hacking services and malware, and criminals with different skill sets could join forces to launch schemes.

“You’ve made it as a criminal once you get on Direct Connection because you have access to the best criminals in the world,” prosecutor Kellen Dwyer said at Friday’s sentencing hearing. Continue reading “Article: Russian Cybercriminal Gets 9 Years for Online Fraud Website”

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Article: Russian national pleads guilty to being part of $568 million fraud ring

Article - Media, Publications

Russian national pleads guilty to being part of $568 million fraud ring

Sean Lyngaas, 26 June 2020

A 33-year-old Russian man has pleaded guilty to being part of a cybercriminal enterprise that caused more than $568 million in losses through identity theft and stolen payment cards, the U.S. Justice Department announced Friday. Continue reading “Article: Russian national pleads guilty to being part of $568 million fraud ring”

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Robert Steele: Decision Memorandum for the President – Achieving the Mother of All Landslides with Six Initiatives

Memorandum

SHORT URL THIS POST:
https://tinyurl.com/POTUS-DMX4

25 June 2020

 DECISION MEMORANDUM FOR THE PRESIDENT

From: Robert David Steele

Subject: Eradicating Crime on Wall Street, Recovering $100 Trillion, Passing Election Reform Legislation, Winning the Mother of All Landslides

Continue reading “Robert Steele: Decision Memorandum for the President – Achieving the Mother of All Landslides with Six Initiatives”

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Article: German watchdog updates market manipulation case against Wirecard

Article - Media, Publications

German watchdog updates market manipulation case against Wirecard

Douglas Busvine, 23 June 2020

BERLIN, June 23 (Reuters) – Germany’s financial watchdog said on Tuesday it had filed an updated case against Wirecard , saying the collapsed payment company’s disclosure of a $2.1 billion financial hole showed it had sought to mislead markets.

The regulator Bafin said it had filed a follow-up to an earlier complaint with Munich prosecutors as it now suspected Wirecard’s accounts for 2016, 2017 and 2018 had misstated revenues and assets.

“This also strengthens the suspicion that the information contained in its financial reports sent false signals for Wirecard’s share price and thus violated a ban on market manipulation,” Bafin said in a statement.

Read Full Article

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Article: Hyliion Holdings Corp (HYLN): SHLL is a scam

Article - Media, Publications

Hyliion Holdings Corp (HYLN): SHLL is a scam

investorguru2 , 22 June 2020

SHLL is a scam. Their market cap at 10$ a share is 1.5Billion$ and at 20$ a share, their market cap is 3Billion$. They have a cash of 560 million $. So the current market cap of the Hyliion company is 2.4 Billion$ for a company we have no idea about the revenue or sales. The current float is 23 million shares and they are already sitting on a 80% profit and they are bound to take those profits. Then the shortable shares also would put pressure, then the market makers have incentive to short and the Hyliion management is happy with the 2.4billion $ valuation they have currently. They are not worried about the short term valuation dip that is bound to happen and the price may recover again close to third quarter of 2020 when the merger actually happens if Hyliion can prove that its worth 2.4 billion $. So short term, I am making a bearish case here.
Continue reading “Article: Hyliion Holdings Corp (HYLN): SHLL is a scam”

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Article: CNBC’s Jim Cramer says enough is enough: ‘This is the beginning of the end of the selloff’

Article - Media, Publications

CNBC’s Jim Cramer says enough is enough: ‘This is the beginning of the end of the selloff’

Shawn Langlois, 21 June 2020

The stock market was getting beaten up pretty badly midway through Monday’s trading session, with the Dow Jones Industrial Average DJIA, -0.38% down more than 800 points amid rising concerns of another spike in COVID-19 cases in Europe.

But CNBC’s “Mad Money” host Jim Cramer, who has been telling his viewers for weeks to consider locking in profit, doesn’t seem to be too worried about it.

Continue reading “Article: CNBC’s Jim Cramer says enough is enough: ‘This is the beginning of the end of the selloff’”

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Article: How Jim Cramer Is Approaching Bank Stocks

Article - Media, Publications

How Jim Cramer Is Approaching Bank Stocks

Katherine Ross, 21 June 2020

A report by the International Consortium of Investigative Journalists found five global banks moved “staggering sums of illicit cash for shadowy characters and criminal networks that have spread chaos and undermined democracy around the world.”

The report said that JPMorgan Chase and Deutsche Bank and other financial services companies had defied money laundering crackdowns even after being fined by U.S. authorities.

Continue reading “Article: How Jim Cramer Is Approaching Bank Stocks”

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Article: Short selling tests China’s zeal for market reform

Article - Media, Publications

Short selling tests China’s zeal for market reform

Samuel Shen, Alun John, 19 June 2020

As the novel coronavirus swept the world this year, Chinese hedge fund manager Yuan Yuwei made lucrative short-selling bets against stocks such as New York-listed Starbucks Corp SBUX.O, Yum China Holdings Inc YUMC.N and Walt Disney Co DIS.N. At home, he barely bothered. “Short-selling is too inefficient in China. Either there are no available stocks to borrow, or it takes too long,” said Yuan, who runs a global macro fund for Olympus Hedge Fund Investments.

Short sellers sell borrowed shares in the hope of buying them back when prices fall and pocketing the difference. Those such as Carson Block of Muddy Waters and Dan David of Wolfpack Research have made their name shorting Chinese stocks but, like Yuan, their bets have been against stocks in New York or Hong Kong, not Shanghai or Shenzhen. Continue reading “Article: Short selling tests China’s zeal for market reform”

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Article: FuelCell Energy Under Investigation for PPP Loan

Article - Media, Publications

FuelCell Energy Under Investigation for PPP Loan

Howard Smith, 19 June 2020

Connecticut-based FuelCell Energy (NASDAQ:FCEL) is being investigated by the Securities and Exchange Commission (SEC) over its acceptance of a $6.5 million CARES Act PPP loan. The PPP program allocated up to $349 billion to help small businesses affected by closures due to the COVID-19 pandemic. The intent was to help the businesses maintain employees on the payroll for up to eight weeks, including providing benefits. Companies were also permitted to use the funds for rents, utilities, and mortgages.

FuelCell Energy is now being investigated over its application for, and acceptance of, a $6.5 million loan in April, according to a Financial Times report. The company said the information request from the SEC was voluntary, and that it is cooperating with the investigation, according to the report.
Continue reading “Article: FuelCell Energy Under Investigation for PPP Loan”