07 November 2024 , 19:03
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We Are All Satoshi has received a securities fraud warning from Quebec’s Autorite des Marches Financiers (AMF).
As per the AMF’s November 1st We Are All Satoshi warning;
We are all Satoshi (WAAS) is not registered with the Autorité des marchés financiers (AMF) and is not authorized to solicit investors in Québec.
Offering unregistered securities in violation of Quebec financial law constitutes securities fraud.
We Are All Satoshi is tied to serial fraudsters Samuel Lee and Shavez Ahmed Siddiqui (below).
Samuel Lee, aka Sam Lee and Xue Lee, is an Australian national and wanted fugitive. Siddiqui, aka Shavez Anwar and just “Shavez”, is an Indian national.
As part of efforts to continue defrauding consumers through various MLM crypto Ponzi schemes, both Lee and Siddiqui are hiding out in Dubai.
Lee’s scamming dates back to the origins of HyperTech Group, which he co-founded with accomplice-in-hiding Ryan Xu. Siddiqui has been scamming consumers since at least HyperFund.
One would think an indictment and multiple regulatory fraud warnings would be the end of Lee’s and Siddiqui’s scamming. Unfortunately however, due to inaction from Dubai’s authorities, We Are All Satoshi continues to defraud consumers.