DD Support Board and Research Team

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SEC charges Frederick Sharp / Luis Carrillo and Sharp Indicted

https://www.sec.gov/news/press-release/2021-148


I wrote about this exact stuff in 2015:

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=119130053

Speaking of Luis Carrillo. I've been digging up a bit more about how he continues to run these pump&dump schemes out of Mexico City without ever leaving the country.

Apparently Frederick L Sharp out of West Vancouver (like Gregg Mulholland, Scott Gelbard, Aaron Lamkin, and Iqbal Saran) is a main guy helping Luis Carrillo with share deposits. Frederick Sharp has been involved in the industry going back a very very long time and in the past can be linked to entities/individuals such as Corporate House SA, HE Capital SA, Keith King, Kevan Garner, Cliff Wilkens, and Jack Purdy. Sharp allegedly deposits shares all over the world for Carrillo. He is great at keeping the money moving so its impossible for authorities to make the connection between deals and the money.

I've heard that Sharp frequently goes down to Puerto Vallarta, Mexico to meet Luis Carrillo. Carrillo flies in from Mexico City. Carrillo will never fly out of Mexico as he knows that there's probably a sealed indictment waiting for him. He's also got political cover in Mexico and so he thinks he is untouched while he's there.

Working hand in hand with Fred Sharp and Luis Carrillo is another lawyer named Konrad Malik. Malik used to work in the MacDonald Tuskey law firm with William L. MacDonald and Gerald R. Tuskey, but has since gone off the radar. In the past Macdonald Tuskey had been involved in some major paid promotion tickers like LEXG, JAMN, GNIN, TAON, LTUM, PEPR, BGBR, AENY, PTRN, UTOG, DUSS, GOFF, LBTG, PGNE, and HHWW among many others. Word is that Malik is still working with Luis Carrillo in the background.

Also related:

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=122516699


Link to the SEC Complaint against Frederick Sharp:

https://www.sec.gov/litigation/complaints/2021/comp-pr2021-148.pdf

Link to the SEC Complaint against Luis Carrillo

https://docs.google.com/document/d/1zJCvSgiSNWH4Xn4je6x_wYLo0bvv07g_95NXIlOzJI4/edit?usp=sharing

Link to the new Indictment against Luis Carrillo and Frederick Sharp (now unsealed)

https://docs.google.com/document/d/1ddA_gLrXaze4pU9qxOUsK1ZcQFKWpKv7UyuvZNQ28JY/edit?usp=sharing

Interesting read. I wonder who those cooperating witnesses were?

Konrad Malik maybe? Did Roger Knox cooperate? Did Gregg Mulholland also play a role by cooperating?


From the SEC press release:

https://www.sec.gov/news/press-release/2021-148

Washington D.C., Aug. 9, 2021 —
The Securities and Exchange Commission today announced an emergency action charging nine individuals, including a public company chairman, for their participation in long-running fraudulent schemes that collectively generated hundreds of millions of dollars from unlawful stock sales and caused significant harm to retail investors in the United States and around the world. The SEC has obtained emergency relief in court, including an order to freeze the defendants’ assets.

According to the SEC’s complaint unsealed today, Canadian resident Frederick L. Sharp masterminded a complex scheme from 2011 to 2019 in which he and his associates – Canadian residents Zhiying Yvonne Gasarch and Courtney Kelln – enabled control persons of microcap companies whose stock was publicly traded in the U.S. securities markets to conceal their control and ownership of huge amounts of penny stock. They then surreptitiously dumped the stock into the U.S. markets in violation of federal securities laws. The services Sharp and his associates allegedly provided included furnishing networks of offshore shell companies to conceal stock ownership, arranging stock transfers and money transmittals, and providing encrypted accounting and communications systems. According to the complaint, Sharp and his associates facilitated over a billion dollars in gross sales in hundreds of penny stock companies.

The complaint alleges that one group of control persons comprised of Canadian residents Mike K. Veldhuis, Paul Sexton, and Jackson T. Friesen frequently collaborated with Sharp to dump huge stock positions while hiding their control positions and stock promotional activities from the investing public. The complaint further alleges that California resident Avtar S. Dhillon, who chaired the boards of directors of four of the public companies whose stocks were fraudulently sold during the schemes, reaped millions in illicit proceeds from those illegal sales. Dhillon was allegedly complicit with Veldhuis and his associates as well as with others, including Canadian resident Graham R. Taylor. According to the complaint, Maryland resident William T. Kaitz worked as a promoter and allegedly touted stocks that Veldhuis, Sexton, and Friesen simultaneously planned to sell, while concealing their roles.

The SEC filed a related action on Aug. 4, 2021, charging Mexican resident Luis Jimenez Carrillo for engaging in deceptive penny stock schemes that generated more than $75 million from the fraudulent sales of multiple microcap companies’ stock. Carrillo, who allegedly utilized Sharp’s services, partnered with Canadian resident Amar Bahadoorsingh and United Kingdom residents Justin Roger Wall and Jamie Samuel Wilson on at least one of the schemes.