DD Support Board and Research Team

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Now add these up:

https://bitcointalk.org/index.php?topic=1690040.0;wap

Yesterday evening fellow stock sleuth and researcher, infitialis, was able to gain access to the sealed Quebec court documents filed by Babikian's wife [Alima Beg], who is suing her former husband, John Babikian, and was kind enough to pass those documents on to me. View those court documents here. In those court documents, Alima Beg discloses her husband made over $100 million running Awesome Penny Stocks and also exposes several of his off shore accounts and business practices including the following:

Middlebay Trade Ltd incorporated by Babikian in the Seychelles holds a secondary residence located at 642 N. Laurel Avenue, Los Angeles, California. The Laurel Avenue house was purchased in December 2010 for $2.2 million and is now estimated by Zillow to be worth $2.7 million.

Oriwa Villas Ltd holds for Babikian his property located at 1401 Londonberry Pl, Los Angeles, California. The Londonderry house was purchased in March 2012 for $6 million and is currently estimated to be worth $10.5 million by Zillow.

Arrow Import & Export Corporation incorporated by Babikian in the British Virgin Islands holds bank accounts for Babikian at Hong Kong HSBC believed to be his principal accounts.

John Jack Ventures Ltd which is incorporated in the Bahamas and hold Babikian’s seven condos located at The Reef Atlantis, in Nassau, Bahamas. Babikian used a alias John Jack to make the purchases.

9264-5076 Quebec Inc which holds three lots located in Le Domaine des Berges, Laval, Quebec that Babikian acquired to build a new family residence.

9224-1249 Quebec Inc [Bargainoo Inc] is a company that is related to domain www.bargainoo.com created and operated by Babikian.

Vertical International Relief Fund is an account used by Babikian for flying around the world in a private Gulfstream jet.

Tidal East Global Relief Fund holds shares of Energy Telecom (ENRG) for Babikian (I had a post about Babikian’s share ownership in ENRG on the IHUB that mysteriously got removed along with all other posts named John Babikian and/or Robert Kalfayan as Awesome Penny Stock insiders). On May 14, 2012, ENRG became the subject of an “APS fakeout promotion” and saw a giant intraday spike in price. My post about this “APS fakeout” linked to Babikian and Kalfayan has now been restored and can be seen here.

Antica Ventures Ltd which holds a bank account for Babikian at the Belize Bank International Limited in Belize and shares in the company WOW Brands.

Kenora Overseas holds shares in RGMS Media Beeyoo for Babikian.

Monolith Ventures Ltd holds shares in YS Catering LLC / The Fresh Diet for Babikian.

Normandia Capital Corp holds shares in CBS Food, T-Grip and Skora, and some shares in ENRG for Babikian.

Fellow Trading Ltd holds shares in Ayala Herbal Water for Babikian.

Nottingham Capital Corp holds shares in Robofusion Inc/Puffin Innovations Inc for Babikian.

Montblue Commerce holds shares in Copa di Vina for Babikian.

One Berger Circle Holdings was used by Babikian to funnel money in order to build the family residence located at 445 des Anemones, Laval, Quebec.

Mediasky Holdings Ltd is a company recently incorporated in Belize by Babikian.

Liner Investments Ltd is a company recently incorporated in Seychelles Island by Babikian.

Intelligent Alliance Corp is a company recently incorporated in Seychelles Island by Babikian.

Aurora Intour Ltd is a company recently incorporated in Seychelles Island by Babikian.

Microtech Ventures Limited held bank accounts for Babikian.

9248-3247 Quebec Inc holds the pent house condominium located at 1300 Alain-Grandbois #702, Montreal, Quebec which was previously owned by Babikian but later ownership was transferred to an associate of Babikian named Alexandre Salameh who was possibly acting as a nominee for Babikian.

Besides his love for luxury homes and luxury condos, Babikian also splurged his ill gotten gains on cars. His collection included a 2008 Bugatti Veyron (the fastest and most expensive car in the world), a 2010 BMW X6, a 2010 Lamborghini Gallardo, and a 2010 Bentley Continent, estimated to be worth C$1.5m.
Alima Beg also claims that Babikian has formed or is in the process of forming companies in the Bahamas, the Seychelles Islands, St. Kitts, Nevis, Panama, Hong Kong, the British Virgin Islands, and Belize among possibly many others. Alima Beg told the courts that John Babikian is in the process of founding a bank in Guatemala so that he will be able to conduct banking transactions with impunity and not face expulsion by legitmate banks that do not want to handle his large and unexplained transactions. Babikian has already been expelled by the Royal Bank of Canada, HSBC in Switzerland, and the Bank of Montreal.

The court document lists the following bank accounts connected to John Babikian (which are no doubt only a portion of the accounts in controls around the world):

- Checking account number 002141277287 at the Bank of America, 7900 Melrose Ave, Los Angeles (routing numbers 122000661 and 121000358)

- Bank Accounts numbered 640-1447050838 and 640-144705-380 at HSBC in Hong Kong

- Bank Accounts numbered 62482800001 and 62482800002 at Compagnie Monegasque de Banque, 23 avenue de la Costa, Monaco, 98000

- Bank Account at CIBC First Caribbean Wealth Management Center, Shirley Street Branch, in Nassua, Bahamas

- Bank Account at the Belize Bank International Limited, The Matalon Business Center, 2nd floor, Coney Drive, Belize City, Belize

- Bank Account at the Belize Bank, 60 Market Square, Belize City, Belize

- Bank Accounts at Bank of Valletta p.l.c. in Valletta, Malta

- Bank account at Me Leonnel Iruke IOLTA account, PLLC Omnisource Legal, in Houston, Texas, Wells Fargo Bank account number 8353698486

- Deposits in Me Michel Gauthier’s trust account in Terrebonne, Quebec

In the court document, Alima Beg says that Babikian fled Canada around one year ago moving to Monaco. Babikian applied for citizenship in several countries and is currently a citizen of Canada, Lebanon, Nevis, and Guatemala. She fears that between his personal jet and multiple citizenships that he will now be nearly impossible for authorities to catch. And just imagine, back in 2011 when some of my information about Babikian was first being sent to the authorities, Babikian could have easily been picked up right in Montreal or Los Angeles.

Also interesting in the court document is that Alima Beg talks about how Babikian declared Bankruptcy for two of his four companies he owned in Quebec during a 2010 audit conducted by the Minister of Revenue of Quebec. As part of that Bankruptcy, Babikian came up with $550,000 in debt for 9173-8153 Quebec Inc ($300,000 was listed as being owed to Leonnel Iruke and the other $250,000 owed to a company called Nick Thomas Ltd) and $175,000 in debt for 9195-5948 Quebec Inc all owed to a company allegedly located in Florida called First Spectacle Corp.

Leonnel Iruke is the same attorney that sent the IHUB a Cease and Desist letter to try to get posts naming John Babikian and his associates removed from the IHUB. His name is another name that has shown up often in our research reports. Iruke was an insider for former APS pick, MILV, as well as the attorney that represented Awesome Penny Stocks in two separate lawsuits. See reports located here, here (including comments), and here for more details. Leonnel Iruke operates under the legal name Omnisource Legal Group. Alima Beg says that Leonnel Iruke is John Babikian’s personal attorney and works almost exclusively for John Babikian making him readily available to jump on a plane and meet Babikian in any part of the world at the drop of a hat. Leonnel Iruke’s partner, Emeka Uyamadu, has a criminal conviction and had his license to practice law suspended. Last year Emeka Uyamadu was disbarred.