Andy Powers, CliqueAPI The $50 Million Ponzi Scheme
Hello Kids! It’s that time again where we check in with our old pal Andy Powers, CliqueAPI (AKA Communiclique). Just in case you’ve been living in a hefty bag, let me catch up.
Communiclique (sometimes called Clique, other times called CliqueAPI because it’s harder to hit a moving target) raised anywhere from $50-70 million dollars. In 2016 a court in the Commonwealth of Virginia ordered the company to stop raising money… they didn’t. Last year, a court in Virginia found that Andy Powers lied about the company’s revenue. He told investors they had over $100 million in revenue… they had none, which my accountant tells me is less than 100 million. He forged an independent valuation of the company… there was no independent valuation performed by a 3rd party. The state fined the fraudsters $10 million dollars.
Andy Powers, the CEO and I hope David Berkowitz’s future cellmate, then thumbed his nose at Virginia and moved the company to Los Angeles while continuing to raise money and cheating investors (see story). You might also want to check on the lawsuit against the Chairman of the Board, Mr. “I’m The Richest Indian… ooops I guess I’m not,” Ram Reddy. And if you can find Tim Lee… the CFO of the company, let me know. I hear he’s hiding out in one of those 1950s nuclear bomb shelters somewhere in Nebraska (find more about him here).
According to a recent Press Release on PR Web; Clique to Serve as the Exclusive Voice, Video and Messaging Partner for Mobile on Demand Trainer Workout With Me
Leaders in CPaaS Space partner with fitness mobile application
LOS ANGELES (PRWEB) APRIL 03, 2019
Clique, the company pioneering the global “Communications Platform as a Service” (CPaaS) revolution, announced today that it has een selected as the exclusive communications provider for the Workout With Me application. Workout With Me is launching later this year and is currently working to connect with trainers that will engage with the company as contractors to remotely train its clients.
Andy Powers, Founder and CEO of Clique, commented, “Workout With Me is the first consumer application we’ve partnered with in sometime. The use case was just dead on and we’re very excited they’ve chosen us this early in the process. I’ve personally invested in On Demand applications as well as Health and Wellness so the use case was even more native to us.”
Workout With Me is a seed-funded mobile application set to launch later this year. The company’s mission is to provide the best mobile on demand training solution to distributed customers in their homes and at gyms.
If you’re a trainer and want to work with Workout With Me please to go: https://www.workoutwith.me
WHOIS search results
Domain Name: workoutwith.me
Registry Domain ID: D425500000100385798-AGRS
Registrar WHOIS Server: whois.godaddy.com
Registrar URL: http://www.godaddy.com
Updated Date: 2019-04-02T19:38:27Z
Creation Date: 2019-04-02T19:38:26Z
Registrar Registration Expiration Date: 2020-04-02T19:38:26Z
Registrar: GoDaddy.com, LLC
Registrar IANA ID: 146
Registry Registrant ID: CR366261594
Registrant Name: Andrew Powers
Registrant Organization: Empower Investments
Registrant Street: 4201 Wilson Blvd
Registrant Street: 110-231
Registrant City: Arlington
Registrant State/Province: Virginia
Registrant Postal Code: 22203
Registrant Country: US
Registrant Phone: +1.2025384922
Registrant Email: email@example.com
That’s interesting, the Press Release went out on April 3, 2019, and Andy Powers, CliqueAPI registered the workoutwith.me URL on April 2. Could Andy be selling Andy to Andy?
Here’s another press release from Andy Powers, CliqueAPI.
Clique announces new client The SUMMA GROUP of Oppenheimer & Co Inc. with a subscription to Clique Labs
LOS ANGELES, CA, UNITED STATES, March 26, 2019 /EINPresswire.com/ — Clique, the company pioneering the global “Communications Platform as a Service” (CPaaS) revolution, announced today that it has engaged in a contract to serve the SUMMA Group of Oppenheimer Co Inc. as a subscription labs client.
Robert Dalie, Executive Director Investments – SUMMA Group of Oppenheimer & Co Inc. commented: “We’re very excited to engage with the Clique Labs digital communications platform as a customer. Clique brings a wealth of experience in the communications space as a leader in serving customers in the financial services space with their CPaaS offering. (Read the rest here).
That’s enough of that. So let me contact this Robert Dalie guy.
I reached out to Mr. Dalie on LinkedIn by sharing this CliqueAPI Bankruptcy Post. He said he was not aware of that and thanked me for the information. I wonder it that’s still a deal?
On March 24, investigative journalist (without quote marks like in the “journalists” at DCInno), Andy Medici reported, that the bankruptcy in this article, which unfortunately is behind a paywall, Virginia fined this company $1M. Now its creditors want to push it into bankruptcy.
In the article, it’s obvious that this moron, Andy Powers, CliqueAPI, does not yet have an attorney or does not listen to his advice because this guy who should be spending all his time trying to pick out his prison cell roommate, is talking to the press.
Powers said in an interview he was surprised by the move and plans to fight the creditors in court.
“Things like this happen in business and you have to maneuver through them and around them,” Powers said. “This is one of those situations that we look forward to getting behind us.”
Behind us? Did this idiot just say “behind us?” Now, this is where an indelicate Mr. Cranky would make some non-PC comment about Prison Sex. But I’m not going to go there (which is a passive-aggressive way of going there).
Powers said he’s not aware of any criminal investigation against him, but said the FBI has contacted him to monitor and follow up on his activities. “We’ve been connected with the Eastern District of the federal authorities as a follow-up to what’s been brought down in Virginia,” he said. “There is no formal investigation, at least to my understanding.”
Did this idiot just say the FBI? I wouldn’t worry about that Andy, the FBI is always in contact with me and all my law-abiding friends. They’ve got nothing better to do than monitor and follow up on innocent law-abiding citizens.
Meanwhile, I’m told Powers is still out raising money, and that doesn’t surprise me considering his rent in LA home is $34,500 per month. Yes, you heard me $35K per month (technically you didn’t hear me you read me unless you read out loud in which case you didn’t hear me you read me and heard you). In Andy Powers defense, he has five kids so you can’t expect him to rent a studio apartment. Tip to investors, every month that goes by, means you’re losing $35,000 of recoverable assets. You better move quick!
Check out what you get for $33,000 per month.
Address: 340 Surfview Dr, Pacific Palisades CA 90272 (Check it out on Zillow)
For those of you who like the look of the place, I think it will be available for lease very soon. Andy Powers, CliqueAPI has arranged a twenty-year lease at this luxury resort.
Update: The landlord of the home is suing to evict Andy Powers