TAP Real Estate Technologies Inc (RWAX)

[tdbowieknife]

Looks like Jacob Fernane was in Utah to work with his father in-law Joe Thomas at SLS and Classic Solutions Corp. Thats where he learned the securities con game. Joe Thomas is a dirty, dirty accountant that has run multiple scams and has been busted by the SEC and sued for securities fraud.

https://www.sec.gov/files/litigation/admin/34-51883.pdf

https://www.sec.gov/files/litigation/admin/34-51527.pdf

That SEC enforcement action didn't slow him down one bit... He continued to scam folks over and over with a scam securities "loan" scam with SLS.

Most recent lawsuit:
https://drive.google.com/file/d/1HjavST2ZUPmYr17YBBk6HJGcVM_Nk1A7/view

Jackob Fernane has had a shit ton of money to move around. He involved his father, sister, and many others.

3 Third-party discovery received to date also supports Plaintiff’s allegations that that Pacific Lion and Liqueous are mere alter egos used by Mr. Fernane to shield himself from liability for fraud, and that Mr. Fernane has taken measures to render himself and his corporate entities judgment-proof. For example, documents obtained from Brex Inc. demonstrate: (i) that immediately after receiving the over $1.6 million “repurchase” payment from Merida on July 9, 2024, Pacific Lion transferred $1 million to accounts in his own name and the name of a Julia Fernane (believed to be Fernane’s sister); $50,000 Patrick Fernane (believed to be Fernane’s father); $75,000 to Emelith Yecenia Jimenez Hoyos; and $500,000 to RBC Capital Markets LLC, supporting Merida’s claims that Pacific Lion was merely Fernane’s alter ego (Complaint ¶ 97; Exhibit B (BREX04416)); and (ii) a pattern of Fernane emptying Pacific Lion’s and Liqueous’s account at the end of each month, supporting Merida’s allegations that Fernane has wrongfully siphoned funds to shield himself from liability (Complaint ¶¶ 97-98; see Exhibit C, BREX00219 (Liqueous May 2024 statement showing approximately $21.9 million in deposits and approximately $21.8 million in withdrawals, and closing balance of $50,447.14); Exhibit D, BREX04360 (Pacific Lion April 2024 statement showing $14,152.91 in deposits and $14,018.40 in withdrawals)).

Complaint:
https://drive.google.com/file/d/1lOmKjrcv9bE0Lu8IOqu_ZPHOGJDY-7nE/view

Jackob Fernane was moving millions and millions a month through Pacific Lion and Liqueous... Fernane is a dirty, dirty boy... With dirty, dirty money...

Exhibit C:
https://drive.google.com/file/d/17oaq0ZOvh_dePt1L9bkGPv65OcCIgPB0/view

Exhibit D:
https://drive.google.com/file/d/1c2EBcb8qSpdN-29TMkVViFO8JbMbN6po/view

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Watch your wallet


Buyer Beware
Pump and Dump



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