• Report: #1149733

Complaint Review: JS Funds Inc.

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  • Submitted: Mon, May 26, 2014
  • Updated: Thu, June 26, 2014

  • Reported By: Abler — Alberta
JS Funds Inc.
Internet USA

JS Funds Inc. Univerlaw James Scalisi JS Funds, UNiverlaw and James Scalisi have all been falsified online with ficitious websites in order to gain client trust and money Brussels, New York Internet

*REBUTTAL Individual responds: Reward: $1,000,000 For Information Leading To Arrest/Conviction For individuals representing the following firms: JS Funds, Univer Law, Law Quan and Swiss Capital Holdings

*Author of original report: UnTrue Facts - Real Facts

*Author of original report: FRAUDSTERS AND CRIMINALS

*UPDATE Employee: Disgruntled Broker

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This report is for a major scam in the finance industry. Abler Finance Inc. took more than 1 client to a fictitious company called JS Funds (www.jsfunds.com). This corporation gave us the contact information for an escrow agent in New York named James Scalisi. They also stated that the lawyer was employed with UniverLaw (www.univerlaw.com). This firm was also fictitious and the lawyer named James Scalisi was not the real lawyer named James Scalisi.

Our client did their own due diligence (Client from Chicago). They went ahead and put into escrow that was supposed to be held by James Scalisi.

After we stopped getting communication from JS Funds, we started digging and found out that the JS funds website was a complete fabrication and the Univerlaw website was a complete fabrication.

We are now currently working with the real James Scalisi and the appropriate authorities to try to apprehend these criminals.

Any other information regarding this fraud can be directed to the appropriate authorities.


This report was posted on Ripoff Report on 05/26/2014 01:26 PM and is a permanent record located here: http://www.ripoffreport.com/r/JS-Funds-Inc/internet/JS-Funds-Inc-Univerlaw-James-Scalisi-JS-Funds-UNiverlaw-and-James-Scalisi-have-all-been-1149733. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.

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REBUTTALS & REPLIES:
2Author 1Consumer 1Employee/Owner
Updates & Rebuttals

#1 REBUTTAL Individual responds

Reward: $1,000,000 For Information Leading To Arrest/Conviction For individuals representing the following firms: JS Funds, Univer Law, Law Quan and Swiss Capital Holdings

AUTHOR: IFCI - ()

Reward: $1,000,000 For Information Leading To Arrest/Conviction For individuals representing the following firms:  JS Funds (jsfunds.com), Univer Law (univerlaw.com),Law Quan (lawquan.com)  and Swiss Capital Holdings (http://www.swisscapitalholdings.com) for financial crimes committed.

FCI is offering a reward of 1 million dollars for verifiable information that leads to the arrest of Neil Scope,  Craig Leaf, Pong Li, Leigh Maxwell Gould, Tianfu Zhao, Paul Estolloso, Ramiel Fernandez, Neil Scope or Chris Fiji, all these people are part of JS Funds and are allegedly part of their management team:

- Craig Leaf who is supposed to be the Director for JS Funds

- Neil Bleak who is supposed to be the Chief Financial Officer for the company

- Pong Li who is supposed to be a JS Funds partner

- Leigh Maxwell Gould who is supposed to be the Chief Technology Officer

- Tianfu Zhao who is supposed to be the Operations Director

Keith Delton Windross who is supposed to be the Director of North American Operations out of Vancouver, Canada.

- Neil Scope, Chris Fiji, Mike Optic and Anthony Chui, Paul Estolloso and Ramiel Fernandez as the underwriting team.

- Related to JS Funds are also Mr. Rubén Romero Ayala at Santander Private Banking

The Heflter Law Firm LLC who serve as their Escrow Attorneys, led by Mark Heftler who is located at 45 North Broad Street, Suite 503 in Ridgewood, NJ.

- James Scalisi at Jacob Hirsch Law Firm

Univer Law / Dan Smith / Kevin Lauricella who is their Escrow Agent  who supposedly reside in Ontario Canada

- Gary Moore fo Dreamscape Capital Investments at China Resources Building at 26 Harbour Road, Wan Chai in Hong Kong

Standard Chartered Bank and the banker John Lam located at the 28th floor, Standard Chartered Tower at 388 Kwun Tong Road in Kwun Ton in Hong Kong

- Stark Royce Capital and Dr. James Royce, Dr. Jean Courtney, Praveen Muraleedharan, Mr. Bart Kitner and Tom Goldman with offices in Barengasse 8001 in Zurich, Switzerland and in Hong Kong at the ING Tower, Suite 1301 13/F at 308, Des Voeux Road Central, Hong Kong.

- JS Funds also has relationships with Meecorp Capital Markets, located at 2050 Center Avenue Suite 640 in Fort Lee, New Jersey with phone number: 201-944-9330

- We believe Swiss Capital Holdings is another front for JS Funds and that they operate in the same manner, even their website is identical.

The offices of JS Funds are supposed to be at 375 Park Avenue in New York which is a virtual office service managed by Steve P. Morrows and AJ Camhi from a company named ServCorp.

The domain name for JS Funds was registered by a third party:

  • Registrant Name: Nigel Rodrigo
  • Registrant Organization: Registrant Street: 68 Emery Rd Suite 2520
  • Registrant City: Washington
  • Registrant State/Province: New York
  • Registrant Postal Code: 10010
  • Registrant Country:
  • United States Registrant Phone: +1.2126557709

If you have any information in regards to JS Funds, Craig Leaf, Neil Bleak, Pong Li, Leigh Maxwell Gould, Tianfu Zhao, Paul Estolloso, Ramiel Fernandez, Neil Scope, Chris Fiji, Rubén Romero Ayala  or any of their associates or if you have been a victim of their proceedings, please let us know using our secure form, our clients are building a strong case against these people and you might be entitled to a 1 million dollar reward.

For more information, please visit: http://ifcinvestigators.co.il/1-million-dollar-reward-information-js-funds-management/

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#2 Author of original report

UnTrue Facts - Real Facts

AUTHOR: Abler - ()

JS Funds has gotten some facts wrong:

They say that Abler Finance is disgruntled but here are the facts:

 

http://www.jsfunds.com is a fake website full of misinformation-

 


1. Craig Leaf- There is no such person. The picture for the person listed as Craig Leaf is actually from this website:

http://www.robsonhr.com/exec.html

 
2. Neil Bleak- There is no such person. There is a dummy account set-up on Linkedin. They list him as having graduated from Stanford, they have no record for a Neil Bleak as ever having enrolled at Stanford University. They have him listed as a former Partner of Deloitte Touche', Deloitte knows of any Neil Bleak. His stock photo can be found here:

http://www.robsonhr.com/exec.html
 
3. Tainfu Zhao- Is actually this person:

http://en.wikipedia.org/wiki/Stewart_Kwoh
 

And he does this:

http://www.collegecampaign.org/about-us/why-we-do-this-work/stewart-kwoh/


4. Leigh Maxwell Gould-  I don't want to be repetitive, but yup! This person is a stock photo as well and does not actually exist! 

http://www.masterfile.com/stock-photography/image/614-07031397/Portrait-of-young-female-office-worker-in-front-of-colleagues

 

The following law authorities are fully involved in the investigation that Abler Finance Inc. is fully engaged with:

1) Manhattan District Attorney (Special Prosecutions, Internet),
 
2) New York State Attorney General,
 
3) F.B.I.,
 

4) file with IC3,

5) Hong Kong Police

 

I would strongly suggest that everyone stay away from the following entitites:

 

1) JS Funds

2) UniverLaw

3) Dreamscape Capital

4) Neil Scope

5) Gary Moore

6) Stark Royce

7) Tom Goldman

8) Dr. James Royce

9) Paul Estolloso

 

These people are fraudulant and run major financing scams around the world.

 

Thanks, Abler Finance.

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#3 Author of original report

FRAUDSTERS AND CRIMINALS

AUTHOR: Abler - ()

This report is from Abler Finance Inc.

JS Funds has responded to the criminal and fraudulant activities by stating that our organization is disgruntled. What a laughable statement.

Currently, the following organizations are involved in trying to put these guys in jail

1) FBI

2) Manhattan DA Office

3) New York State Attorney General

4) Hong Kong Police

5) And others

Abler Finance is working with these organizations to bring these criminal to justice.

JS Funds is basing their rebuttal to this report on emotions and not facts. Here are some facts for you JS Funds.

Fictitious website:

jsfunds.com is a fake website full of misinformation-

 


1. Craig Leaf- There is no such person. The picture for the person listed as Craig Leaf is actually from this website:

robsonhr.com/exec.html

 
2. Neil Bleak- There is no such person. There is a dummy account set-up on Linkedin. They list him as having graduated from Stanford, they have no record for a Neil Bleak as ever having enrolled at Stanford University. They have him listed as a former Partner of Deloitte Touche', Deloitte does not know of any Neil Bleak. His stock photo can be found here:

robsonhr.com/exec.html
 
3. Tainfu Zhao- Is actually this person:

en.wikipedia.org/wiki/Stewart_Kwoh
 

And he does this:

collegecampaign.org/about-us/why-we-do-this-work/stewart-kwoh/


4. Leigh Maxwell Gould-  I don't want to be repetitive, but yup! This person is a stock photo as well and does not actually exist! 

masterfile.com/stock-photography/image/614-07031397/Portrait-of-young-female-office-worker-in-front-of-colleagues

 

Univer Law is a fake firm with no corporate registration and fake information that James Scalisi is their Escrow Attorney.

The real James Scalisi who can be found online through the NEW YORK BAR Association is the lead person in this investigation against UniverLaw and JS Funds.

 

BEWARE: These Criminals also go under the following aliases:

1) Dreamscape Capital Investments

2) Stark Royce

3) JS Funds

4) There are probably more out there

 

The aliases of the individuals:

1) Neil Scope

2) Tom Goldman

3) Gary Moore

4) Dr. James Royce

5) And Many More....

 

PLEASE BEWARE OF THESE CRIMINALS AND FRAUDSTERS. THEY HAVE STOLEN MILLIONS OF DOLLARS FROM HARD WORKING PEOPLE AROUND THE WORLD. PLEASE DO ALL YOUR DUE DILIGENCE PROPERLY.

 

 

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#4 UPDATE Employee

Disgruntled Broker

AUTHOR: JS Funds - ()

Factual Informaton, Supported by Email(s).

The above report was was authoried by Nav Shipra of Abler Finace, http://www.ablerfinance.com/ . Mr. Shipra approached another registered JS Funds broker (who shall remain nameless for privacy purposes) to bring forward loan applications to JS Funds. 

After multiple submission one paticular client of Mr. Shipra performed to the executed agreements and deposited a refundable Underwriting Deposit in escrow. After this action, it was detirmed that the client was not adequetly prepared for the transaction, nor met JS Funds requirements for sophisticated investors. JS Funds simply declined the loan application. 

The direct client (who shall also be nameless due for privacy) then contacted JS Funds directly and stated that Mr. Shipra had been less than forthcoming with information. 

My company was introduced to JS Funds by Nav Shipra (I think that is his last name) of Abler Finance. We were interested in entering a deal for financing. Nav, paired us with another company owned by a gentlemen named (NAME REDACTED). 

He also stated that Mr. Shipra was attempting to have the loan proceeds directed to an account of his control, and disperse proceeds. 

3. At the very beginning we were told that we were the beneficiary of a non-recourse loan from (NAME REDACTED) because we were handling the upfront cost. I find out later that the entire loan is non-recourse and that we are simply paying the freight for this (NAME REDACTED)! of course we had problems with this and reached a stand still.

He then stated that he no longer wished to work with Abler Finace; 

I came into this deal with an open mind and willing spirit, I have been disappointed, not told the whole story in some aspects and been a victim of incompetence. I would very much like to get a deal done with JS, one that is mutually beneficial and my team unencumbered with brokers can act swiftly and in a responsive manner. If we can work together Sir, please contact me and by all means you will find someone a lot more savvy than meets the eyenwhen opportunistic parties are not trying to satisfy their own goals. If you  feel JS Funds allegiance with Abler precludes us from working together in any capacity, I understand and respect that.

He futher confirmed that they were no longer working with Abler Finacer, nor Nav Shipra;

 P.S. this is not an attempt to circumvent, our association with Abler was cancelled per Abler, so legally and morally there is no conflict of interest on our part.

We replied with; 

Im sorry that you have had a poor experience. We try to work as closely with our clients as possible and deliver an exceptional experience. Unfortunately sometimes when client engage us with consultants or brokers, we cannot control the information that is provided.

I have never heard of Abler Finance, however (NAME REDACTED) is a registered consultant with us. He has submitted multiple transactions, however there seems to always be an issue with the clients not understanding our structure or the process, and the files never move forward. If he stated that the monetization proceeds would have went directly to him that was improper. I can also state clearly that he may have attempted that, however as the process moved forward he would have learned the funds would have been released directly to you, as legally they must.

If you have any additional questions, please feel free to be in contact with (NAME REDACTED). (NAME REDACTED) is still a registered consultant with us, so we would have to honor his registered fees which I believe are X%.

JS Funds continued to work with the specific client, until we discovered that they do not meet our minimum underwriting requirements, and that Abler Finace was less that truthful with the orginal submission. We declined the application directly. The client then upset, went back to Mr. Shipra and wrote the following email;

You have told me unequivocally that you have CLOSED deals with this group before. That means that you have received a commission from a client that has been disseminated funds from JS Funds. I am asking you flat out if that is the case?

In closing;

1). JS Funds has never conducted a transaction with Abler Finance, nor Nav Shipra. 

2). JS Funds has never closed a transaction with Abler Finance.

3). JS Funds reserves the right to decline any loan application outright, or due to fraudulent submissions. 

Redacted Orginal Email: 

>   > > ---------- Original Message ----------
> >   From: XXXXXXXXX
> >   To: XXXXXXX@jsfunds.com>
> >   Date: May 14, 2014 at 2:35 PM
> >   Subject: Re: RB XXXXXX
> > 
> > XXXX,
> > 
> >   My company was introduced to JS Funds by Nav Shipra (I think that is his last name) of Abler Finance. We were interested in entering a deal for financing. Nav, paired us with another company owned by a gentlemen named XXXXX.
> > 
> >   While there was always questions, we did agree to the deal which would have saw us place the monies required to receive a term sheet into escrow. We have since asked for those funds to be returned to us from a Mr. James Scalisi, I hope that you can be of some help in getting those funds returned expeditiously.
> > 
> >   Here is the reason we are choosing to have the funds returned instead of moving forward:
> > 
> >   1. With Nav as our broker we felt that we were in the dark more times than not. We were afforded no information of past deals with JS FUNDS nor their success or failure.
> >   2. Whether intentional or not; we were told that our deal could be secured by insurance, a separate policy held by us. That was not the case.
> > 
> >   3. At the very beginning we were told that we were the beneficiary of a non-recourse loan from Ranil because we were handling the upfront cost. I find out later that the entire loan is non-recourse and that we are simply paying the freight for this Ranil! of course we had problems with this and reached a stand still.
> > 
> >   4. The only negotiation from XXXXX side is that the offer us money that we paid t have produced!
> >   5. Initially I was told if I had reservations our funds would be returned and we could re-negotiate, Nav emails me that is no longer an option JS Funds will not be working with me in the future. Is this true? If so, why?
> > 
> >   I came into this deal with an open mind and willing spirit, I have been disappointed, not told the whole story in some aspects and been a victim of incompetence. I would very much like to get a deal done with JS, one that is mutually beneficial and my team unencumbered with brokers can act swiftly and in a responsive manner. If we can work together Sir, please contact me and by all means you will find someone a lot more savvy than meets the eye when opportunistic parties are not trying to satisfy their own goals. If you feel JS Funds allegiance with Abler precludes us from working together in any capacity, I understand and respect that.
> > 
> >   P.S. this is not an attempt to circumvent, our association with Abler was cancelled per Abler, so legally and morally there is no conflict of interest on our part.
> > 
> >   Warm Regards,

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