Steve Adelstein is the master mind behind the IACH scam. He has registered over 100 stock scams in 20 years now in the same Florida county!!!!! It is all public record. IACH was one of his more public scams but not the only one.
He tried to rip off IFUS shareholders with a loan shark loan to IFUS subsidiary Supreme Energy, while he was a director of the IFUS subsidiary Supreme Energy, but the founder of IFUS caught his scam just in time to stop it.
Steve had planned to stage a loan default (His loan to IFUS-SE), by calling suppliers and customers and telling them not to pay their bills or ship product, etc, and thus caused the loan default while he was a public officer of the company and the origin of the loan. A clear case of fraud and dereliction of fiduciary duties while a director, as well as tortuous interference in the business.
The IFUS CEO has written documented proof off all of this and has sued Steve Adelstein for over 4.25 Million dollars now.
