Jen Mellon’s New House – Trustify Investor Asset Search

(Updated 3:25PM 8/06/2019) When we last left the scurrilous retroactive co-founder and former President of Trustify,  Jennifer Mellon, estranged wife of Danny Boice, she landed a cushy government job as the Confidential Assistant to FERC Chairman Neil Chatterjee. At that time she was engaging in real estate transactions that feel a lot like money laundering and fraud to me. On March 18, 2019, Mellon's soon to be ex-husband, Danny Boice transferred the title of their Sea Isle NJ, beach vacation home to Mellon for $1 dollar. That's right, you heard me...

Clique CEO Andy Powers indicted on 8 criminal counts

Clique  CEO Andy Powers indicted on 8 criminal counts in the United States District Court for the Eastern District of Virginia, Alexandria Division on July 24, 2019. Clique's (AKA Communiclique) Andy Powers faces 4 counts of wire fraud, 1 count of mail fraud, 1 count of inducing interstate travel to defraud, and 2 counts of unlawful monetary transactions. Add these charges to a $10 million judgment against Powers in a Virginia Court just a year ago. Wire fraud, February 17, 2016 - $1,000,0011 Wire fraud, August 8, 2016 - $115,200 Wire fraud, September 6, 2017 - $100,005 Wire fraud, September 1, 2017 - $440,000  Mail fraud, April 4, 2017 Inducing interstate travel to defraud, November 29, 2016 Unlawful Monetary Transaction, September 21, 2015 - $75,308 to purchase a 2015 GMC Yukon Unlawful Monetary Transaction, September 25, 2015 - $157,050 to purchase a 2015 BMW i8 The indictment also mentions the bonehead move by Powers when he admitted in a posted he defrauded investors (he called it a little mistake) on his website. If this imbecile had consulted an attorney, he would have been advised to not address the case in a public forum. These words came back to bite him. "On or about October...

Chapter 7 Hearing Schedule for Andy Powers Clique Bankruptcy

For those interested Creditors in the Andy Powers, Clique Bankruptcy Hearing, here are the highlights. If you're new to the story, in last month, a bankruptcy court in Deleware found Communiclique (AKA Clique API) bankrupt and the judge found that Andy Powers had attempted to defraud the court and forwarded a complaint to the US Attorney's office. Since that Time Andy Powers (Andrew Brent Powers) was arrested by the FBI and last week Andy Powers was arraigned in the Eastern District Court of Virginia for fraud and embezzlement. Powers claimed he was indigent and was granted a public defender. The public defender will face US Attorney, Jack Hanly. For you creditors in the Andy Powers Communiclqiue $50 million Ponzi Scheme, here is next week's court schedule. 11:00 AM, Friday, June 21, 2019 - Presiding Judge, Honorable Kevin Gross 19-10573-KG CommuniClique, Inc. Chapter 7 - Motion to Approve Motion of Alfred T. Giuliano, Chapter 7 Trustee for Order (1) Extending Time for the Debtors to File Schedules and Statement of Financial Affairs, and (2) Upon the Debtors Failure to File within the Extension Period Authorizing But Not Requiring Chapter 7 Trustee to Prepare and File Debtors Schedules and Statement of Financial Affairs, and Approving Trustees Reimbursement...

Bankrupt Clique CEO Andy Powers Doesn’t Pay His Bills

Bankrupt Clique CEO Andy Powers doesn't pay his bills. Powers company, Communiclique (AKA Clique) company was placed into Chapter 7 Bankruptcy. The Deleware judge, in that case, found that Andy Powers had attempted to defraud the court with forged fraudulent documents. That's the second time a court found that Powers was guilty of fraud. A court in Virginia in the summer of  2018 found Powers was guilty of embezzlement, tax fraud, bank fraud, wire fraud, and securities fraud (see post) The Deleware judge referred these criminal charges to the US Attorney's office for prosecution. Not only is he a criminal but bankrupt Clique CEO Andy Powers doesn't pay his bills. Andy Powers of Communiclique recently hired a search firm to hire an IT guy to create a new web site for Andy in order to obfuscate search results so that you may not find out that Clique CEO Andy Powers doesn't pay his bills, that he is a common criminal, a fraud, an embezzler and his feet stink. That's right Andy, I said it! Your feet stink. Unfortunately for the search firm and the IT guy, Powers stiffed them. He got a web site and they got nada. Do you know...

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). Communiclique Fraudelent Response by Glen Hellman on Scribd 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...

Communiclique In Court Update

Communiclique (aka clique, cliqueaPI)  is being sued by investors into bankruptcy. This week in Deleware Court, a Judge met with a representative of investors and Andy Power's attorney. I'm told that Power's attorney was as well prepared as Andy Powers is honest. One of this clown's claims was Communiclique (aka Clique, CliqueAP, Dumpster Fire) has more than twelve creditors and therefore the company can't be declared bankrupt. Folks, I actually ran a corporate governance advisory firm and I was unaware that bankruptcies are cheaper by the dozen. Fortunately the judge equally clueless of the baker's dozen creditors bankruptcy inoculation act of 2019. A frustrated judge, gave Powers until Monday, April 28, 2019, at 4 PM to prove that the steaming pile of poo he calls Clique was solvent. The likely action is that by 4 PM Monday, Communiclique will be declared bankrupt and the judge may allow the rest of the actions moved to California where the company of one is now headquartered....

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...