Morally Bankrupt Communiclique Declared Financially Bankrupt

This Morning, in a Deleware Court, Communiclique declared financially bankrupt by a judge. Communiclique (AKA Clique & CliqueAPI) CEO, Founder and Board Member, Andy Powers did not show up in court as the judge had ordered. Based on the fraudulent evidence, the judge referred Andy Powers to the US Attorney's office on criminal charges. Game On! Or Game Off! Or where the hell was Andy Powers? Let the Games Begin! In addition, the judge declared Andy Powers, big shot, big-time business guy, master of the universe, financially bankrupt...

DCTech Startup Crime Update

It's that time again for the DCTech Startup Crime Update. Lots of little movement with the Crooks and Criminals of DCTech but not enough to warrant a single subject blog and therefore I'm going to provide a general DCTech Startup Crime Update on multiple happenings around DCTech. DCTech Startup Crime Update -Existing Projects Andy Powers and Communiclique (Clique, CliqueAPI) - Every month that Andy doesn't live rent-free on the federally funded 3 hots and a cot program, costs his investors a ton of evaporating capital including the $35 thousand per month rent on his home (see home and court details).  On Monday 4/29, Andy Power's lawyer showed up just prior to the 4 PM deadline with the data to prove that the company was a legitimate business. The invoices submitted were obviously fraudulent...

Andy Powers Communiclique Fraudulent Response

Updated May 6, 2019, with new evidence: On April 29th, Andy Power's attorney submitted a Communiclique fraudulent response to the Involuntary Bankruptcy Petition (see this post for Bankruptcy Petition). After reading this Communiclique fraudulent response, I am confident that Andy Powers can add, Bankruptcy Fraud to a long list of crimes he and other board members and officers of Communiclique (aka Clique and CliqueAPI) perpetrated including, Security Fraud, Bank Fraud, Wire Fraud, Tax Fraud, Forgery, and Embezzlement. The response features, what appears to be doctored, invoices and payment receipts to company vendors intended to prove the company is a legitimate business running a legitimate operation. It attempts to document that the company is solvent and responsibly dispatching its financial obligations (See Communiclique Fraudulent Response Here). Updated: See the latest filing telling the judge that the invoices were doctored here (Communiclique Fraud Allegation): The new filing states: Alleged Debtors have defrauded investors, lenders, and vendors alike. Unfortunately, they have now defrauded this Court.  Concerned by known fraudulent conduct of the Alleged Debtors (and the known and potential negative repercussions thereof on their estates), the Petitioning Creditors opposed the Alleged Debtors attempt to extend the deadline to file answers to the Petitions. Ultimately, the Court entered a short, four-day extension. The brevity of...

New Fraud Allegations Against Danny Boice, CEO Trustify

Anchorage Capital is suing Danny Boice, Jennifer Mellon and Trustify for fraud and embezzlement in this filing. New fraud allegations against Danny Boice, CEO Trustify. According to the original filing, 5. Trustify's CEO, Daniel K. Boice ("Boice"), solicited Anchorage to participate in the Series B round. Unlike the Series A round, Boice wanted to raise at least $15 million (with a maximum of $20 million) during the Series B round before the round would close and the Series B Preferred Stock would be issued. 6. Boice told Anchorage that the Series B round had a lead investor Nfluence Partners ("Nfluence"), a well-established boutique investment bank for technology, media, and telecom transactions. Nevertheless, Boice and other Trustify officers simultaneously voiced uncertainty as to whether the Series B round would reach its $15 million target minimum raise, and thus actually close and issue Series B Preferred Stock. 7. Due to this uncertainty, Anchorage told Boice that it would only wire funds as pa1i of the Series B round after Nfluence had done the same. Boice and Anchorage also agreed that any funds Anchorage wired to Trustify would be kept in a specific Series B-related bank account with Square 1 Bank in New York and that such funds would be returned directly to Anchorage if the Series...

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...

Attention Law Enforcement – Matthew Pugsley Chalant Health

Attention law enforcement, be warned that Matthew Pugsley, Chalant Health, CEO is on the prowl. There was a time where he took an actual job. It appears that he lost that job and is back raising money for his company that is a total scam (see this post). Matt's been evicted again and is seeking a new place to rent. Landlords be careful, this guy has been evicted for non-payment of rent about a dozen times (see post). By the end of this week, Matthew Pugsley, Chalant Health CEO, may get free rent. He is likely to get 3 hots and a cot for being seriously in arrears on child support. Meanwhile, while not paying child support this scofflaw is a big spender when he goes out on the town (see this post). Here's a warning to landlords and prospective employees who are thinking about working for Matthew Pugsley, Chalant Health CEO, think twice. Here's a recent message I received from someone claiming to be a former employee. I just your articles about the con-man Matthew Pugsley. He is a horrible person who conned young naive sonographers fresh out of school into jobs, came up with a million and one excuses on why he...

Danny Boice and Jennifer Mellon Real Estate Shenanigans

Attention Police! Attention Authorities! Attention Anchorage Capital, other dopey Trustify Investors, and Trustify Creditors.  Be aware of the latest Danny Boice and Jen Mellon shenanigans. To catch up the readers new to this continuing saga, Danny Boice and Jennifer Mellon started their life of crime, fraud, and embezzlement together by bamboozling investors into dumping $18 million in their company called Trustify. Danny Boice and Jennifer Mellon then used that money as their personal piggy bank. Among other things, they used investor money to purchase this lovely house for $1.625 million in Alexandria, Virginia. Which according to Redfin is now for sale for $1.675 million. The house has been for sale since January 2019 and the price has dropped $100 thousand. Then Jen Mellon and Danny Boice took investor money and purchased a beach house in Sea Isle, NJ. This sweet little vacation home with 5 bedrooms, 5 full baths, and one 1/2 bath located at 14 73rd West, Sea Isle City, NJ – Built in 2017, this house features a private elevator, landscaped backyard, One master suite, and two junior master suites. The two middle bedrooms are separated by a shared full bathroom. And then wonder of wonders, another group of shady transactions show up. Jennifer...

Communiclique Bankruptcy (AKA: CliqueAPI)

Communiclique Bankruptcy? It looks like the investors believe a Communicliaque Bankruptcy is warranted.  On Friday, March 15, 2019, several investors petitioned a Deleware court to involuntarily take the company into Chapter 7, bankruptcy (see what a Virginia Court found about the fraud Andy Powers and his team perpetrated at Communicliqe). The case was filed by Attorney Daniel A. O'Brien, of the firm Venable LLP, representing creditors/investors: Andrew and Jamie Schwartzberg, Keith Hladek, Stonehaven Capital, Erik Sachwitz, Philip Lowit, Adam Stern, Robert Mitchell Pons, and the Paitaridis Children Family Trust. In one month, two of DC's scummiest bags are being attacked and forced into bankruptcy by their investors. Danny Boice of Trustify (see article) and Andy Powers of Communiclique were litigated into bankruptcy when their investors finally had a moment of clarity and realized they had invested in sham fake bullshit Potemkin Village-esque companies   What does a Communiclique Bankruptcy have in common with Trustify's Bankruptcy (check out the crime family post here)? [caption id="attachment_81076" align="alignright" width="243"] Andy Powers (kneeling) and Danny Boice all prison-tatted ready[/caption] Both companies were founded by criminals. Both Danny Boice and Andy Powers are pathological liars and crooks. Both companies existed to take investor money and put it into the pockets to fund a...

Another Trustify Lawsuit – Anchorage Capital VS Trustify and Danny Boice

Another Trustify Lawsuit and big trouble for Danny Boice and Jen Mellon as this suit alleges fraud and embezzlement among other charges. Some highlights: 2. Anchorage has sound reason to believe that its substantial investment in Trustify is being squandered and its rights as a stockholder are being materially, irrevocably, and adversely affected through Trustify's abandoning of its business and through the fraudulent and negligent actions of Trustify's Chief Executive Officer, Daniel K. Boice ("Boice"), and its other officers (Cranky Note: Jen Mellon, you are an officer a VP, a "Co-founder" and a board member). 3. In May 2017, Anchorage purchased 2,408,599 shares of Trustify's Series A Preferred Stock at a price of $1.9721 per share, for an aggregate investment of $4,749,998.09. 5. Moreover, a number of Trustify's board members have suddenly resigned and one has even retained separate counsel, Trustify's corporate headquarters have been shuttered and abandoned, and Anchorage has uncovered malfeasance, mismanagement, breaches of fiduciary duty, and fraud relating to the funds received by Trustify as part of its stock offerings into which Anchorage has invested. 13. The majority of Trustify's board members also resigned during this same time, including Boice's co-founder and wife, Jennifer Mellon. While Trustify's investors were able to communicate with the other...