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Report: #1488838

Complaint Review: Jay Berkman - FL

  • Submitted:
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  • Reported By: Matt — United States
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  • Jay Berkman FL United States

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Hello,

I own a capital markets technology firm. We work very closely with exchanges and broker dealers. Jay Stewart Berkman CRD#: 2308190 approached us about 7 months ago and presented himself as a seasoned veteran, in which he conveniently omitted this crucial information that FINRA has barred this individual from acting as a broker or otherwise associating with a broker-dealer firm. 

We really appreciate what organizations such as yourselves do and find it unfortunate individuals such as Mr. Berkman choose to continuously break the law.

Is there someone I can speak to about this criminal activity that Mr. Berkman is conducting? I find it very concerning and first hand have seen his involvement with broker dealers and exchanges.

Please let me know if we can be of any assistance. My company and myself are happy to write affidavits or provide any assistance needed to bring this criminal justice.

This report was posted on Ripoff Report on 12/09/2019 04:42 PM and is a permanent record located here: https://www.ripoffreport.com/report/jay-berkman/fl-peter-steal-capital-1488838. 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. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content

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REBUTTALS & REPLIES:
0Author
2Consumer
0Employee/Owner

#2 UPDATE EX-employee responds

"I own a capital markets technology firm..work very closely with exchanges and broker dealers"

AUTHOR: Prefer Not to Say-But Happy to Respond to Legitimate Inquirers - (United States)

POSTED: Thursday, December 12, 2019

Matt- You state that you" own a capital markets technology firm. We work very closely with exchanges and broker dealers." You go own with a diatribe that "someone (you cited the name) approached us about 7 months ago and presented himself as a seasoned veteran..." (who-you forget to mention, and according to a federal law suit that coincidentally includes one defedant with YOUR first name and includes the same description of the company you claim to own, that was brought by plaintiff with the same name as the individual you are 'blasting' and further, your now alleging that HIS background is somehow related to the facts brought in the lawsuit...which again, identify one defendant with the same first name as your's and provides a description of the a company that seems to be the same as your company, and cities multiple counts of fraud (fraud in the inducement, securities fraud, wire fraud and bank fraud).

All of this could be conjecture, because what you have failed to mention is (i) the name of your company that you claim to "work very closely with exchanges and broker dealers" , (ii) your last name, (iii) how you can be contacted so that you can "provide an affidavit" that otherwise impugns the individual you are claiming has done something to wrong you (other than to give you and your partner what sounds like a whole bunch of money-which private investigators have determined to have been moved to crypto currency accounts controlled by someone with the same first name as yours.)

The fun part of this website is that it serves as a legitimate vehicle to discredit bad actors, the not-fun part is that it enables the bad actors to use ficticious identities to undermine individuals who are bringing legitimate actions against fraudsters and scamsters.

Let's put aside the fact that the bad actors can try to 'erase' posts on this platform by paying $250 with the effort to mask the claims against them across the ethernet. What you don't seem to know is that law enforcement authorities can simply present a criminal warrant to the operators of this website and compel them to provide the payment information used by the people who are trying to post defammatory information to undermine their accusers. Perhaps you didn't that get memo. Inevitably, you will, courtesy of a knock on your door by law enforcement officers.

If you are in fact the same "Matt" who is named as a defendant in the action brought by the individual having the same name, address and other information that you have posted indiscriminately, it is easy-peasy for anyone, including half-wits, to connect the dots and conclude that what you are trying to do will simply give more ammunition for law enforcement authorities who are already pursuing a criminal investigation into the activities of the individuals named as defendants in the Federal Civil Court matter. Again, all roads would arguably lead back to you, sooner or later.

 

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#1 UPDATE EX-employee responds

Another Attempt to Retaliate?!

AUTHOR: Brian - (United States)

POSTED: Thursday, December 12, 2019

Matt- Reads as if you and your partner Andrew are crawling down rabbit holes in an effort to deflect allegations against you both that are impossible to dispute. First, I have to guess that you are Matt Krueger, who is profiled as the CFO of the company that David Streltsoff 'worked with' for a whopping two months.

That conclusion is based on the name Matt at top of the post and your stating: "I own a capital markets technology firm. We work very closely with exchanges and broker dealers." This is pretty much the same as what appears on what is presumably "your company" website--Seaquake.io.

It is possible there are other "capital markets technology firms' where the so-called 'owners' include someone by the name of Matt and are being pursued in federal court by an aggrieved investor with the same name as the individual you are attempting to undermine in your rants on this platform, but it's hard to imagine this is a coincidence.

If you are not the Matt who is profiled as CFO of "Seaquake" (its posssible because you state you are the 'owner', and if there are other people with the same exact name as the person you are trying to discredit, then I apologize for the confusion. Because your entire post is attempting discredit the particular individual who, by all accounts, was scammed by you and Andrew Katz, let me chime in.

I am a former investigative journalist and I now work with professionals within the crypto industry. This role includes performing due diligence on behalf of clients within the industry. In November, I spoke with your former associate, Mr. Streltsoff, who at the time, was engaged by you in September to be your company's 'business development executive'.

He was also an executive with a broker dealer in San Francisco that raises money for startup companies. When I spoke with him, he stated very clearly (and I paraphrase, but his affidavit will presumably be nearly identical) that he 'disassociated with your company (Seaquake Inc, right?)

after determining "they are not working with anyone, they are peddling vaporware and because I have worked in the fintech space for more than several years selling trading system technology, it took me one too many days to realize they had absolutely nothing more than a pitch deck.

It became a professional embarrassment to be connected with them." Again, when you state "I own a capital markets technology firm...We work closely with exchanges and broker dealers", it is possible you are unrelated to the Matt Krueger who says he is the CFO of capital markets technology firm "Seaquake Inc." If you are the same Matt, you should know we located a young man in the Midwest who was solicited to invest (in Seaquake) by his college friend, who was apparently employed by Seaquake as a business development executive prior to Streltsoff's brief tenure.

That individual sent the investor company-supplied documents, including a "safe note" via your company's email, along with wire transfer instructions. The individual apparently wired $10,000 to your company's account at Bank of America, and after he suspected that something was rotten, he communicated with your partner (whose name is Andrew, right?), who in turn, responded with an email stating (I paraphrase) "the former employee had provided incorrect wire transfer instructions to you and we never received your money."

The strange part is both the sending back and receiving bank have detailed transaction records and the receiving bank confirmed the funds were deposited into a Seaquake company account. Now, if you are not the Matt from Seaquake, and if the person you are attempting to discredit is different than the individual you are trying to intimidate, then this post should be taken with a grain of salt.

Perhaps the best way to clear up the confusion is for you to come from behind the curtain and state exactly who you are. You don't need to explain how/why all of the investors money wound its way through a web of bank accounts you control in New York, Colorado and California before being moved to crypto currency accounts, first at Coinbase, then at Binance.

You don't have to retort with "we are allowed to do anything we want with money given to us by investors, including buying cars, jewelry and going to luxury resorts." According to court records, that is the argument your defense attorney made on your behalf in November. That is a defense you should save for the proper court.

Last-you state you would be willing to supply an affidavit that would somehow argue that your investor(s) did something wrong (other than failing to do due diligence). Are you aware the last affidavit submitted by your presumed partner was viewed to be an act of perjury?

Again, if you are not the same Matt associated with Seaquake and if the individual you are attempting to intimidate is a completely different individual (could there really be 2 different people with the same name, the same photo image you posted and the same address?), then I will be happy to meet you and we can videotape a public apology that I will be happy to offer.

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