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Thursday, March 26, 2020 6:04:03 AM
Most OTC scammers are thorough criminals, born and bred. They're honest in their dishonesty, and you almost can't blame them for making a bit of money the only way such screw-ups know how...but with scumbra I do feel he took it way too far. He didn't just steal from degenerate OTC gamblers who knew they were flipping a scam or buying lotto tickets, he put out fake press releases and tried to appear legit to boomers and old people, and I suspect there is probably stolen valor in there too to convince boomers to invest into his mythical guns and secret military/govt contract. If there is no relationship with the military on things like CDIS like scumbra has claimed for years, then there is stolen valor here (and that is just scratching the surface). If you look at his description of UAT on the website, it still says:
Umbra Applied Technologies delivers a full range of products and services for air, land and naval forces, as well as advanced biotech, electronics, security, information technology solutions and support services.
Not "will deliver", but "delivers". This is a level of fraud that is rarely seen, even on the OTC. Scumbra has been claiming for years that he is _currently_ supplying the military and federal government with things like drones and weapons technology, that he is running an advanced research program on exoskeleton technology, etc etc.
So ultimately this is way, way beyond some bum in his basement putting out a clearly fake press release about an MJ acquisition or a bunch of crypto miner rigs. This is a guy engaged in genuine fraud, harming actual main street investors for nearly a decade.
Disclaimer: All of my posts represent only my personal opinion and should never be taken as facts or advice by anyone, for any reason.
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