Andy Powers Communiclique (CliqueAPI) Criminal and Bankruptcy Court Update

According to Andy Medici of the Washington Business Journal, federal prosecutors are working with Andy Powers, CEO of Communiclique, AKA Clique API on a plea deal. The article which is behind a paywall states: “The parties in this case are exploring a pre-indictment guilty plea,” the joint motion reads. "The parties are working diligently, however, the investigation in this case covers a period of several years and the financial evidence is voluminous." The government is represented in the case by Federal Prosecutor, Jack Handy. Powers' requested a public defender, which is usually only supplied to indigent defendants. Powers is represented by Eugene Gorokhov of the white-collar criminal defense firm Burnham & Gorokhov. It is not clear if they Gorokhov was assigned the case as a public defender or if Powers is footing the bill (For more information about the case see this post). Whoever is footing the bill appears to be getting their money's worth as Powers has ceased many of his bonehead actions.  Powers has clammed up. He did not respond to Andy Medici's request for comment and he got rid of moronic blog posts in which he admitted his guilt. For instance, back in May of 2019, Andy Powers wrote a post, admitting...

Clique’s Andy Powers Securities Fraud Victim Letter

This week, victims of the Clique, Securities Fraud case were sent the following letter regarding the case and their status. If you are a victim of this fraud known as Communiclique (AKA Clique API) and didn't receive this email, you might want to get in touch with the Justice Department. I don't understand what happened to Ram Reddy, Clique API (AKA Communiclique) Chairman of the Board and Tim Lee the company's CFO. For instance, according to the lawsuit below Ram passed on fraudulent data in order to motivate others into purchasing shares of Communiclique. I'm not an attorney, but I was under the impression that gross lies about the revenue, client wins and valuation of a company in order to sell stock in a company was the definition of security fraud. It's hard to fathom that the CFO and Chairman of the Board for over a decade, had no visibility into the companies books. That's difficult to fathom but it's possible. Maybe he was just negligent or stupid. Ram Reddy categorically denies the allegations. According to John Rowley, Reddy's attorney, "Dr. Reddy lost a substantial sum of money as a result of Powers' deceit and he is one of the main victims of Powers' fraud...

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...

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...

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...

Joanne Boice’s Case Against Danny Boice, Trustify

People ask me what Danny's beef with his ex-wife has to do with the alleged fraud at Trustify. Here's the thing. Danny has started a lawsuit against his wife but dropped it when he was ordered to comply with his ex-wife's request for discovery. That discovery request asked for financial information on Danny Boice, Trustify and other information. Danny dropped the case, in my opinion in order to keep his financially cooked-books under wraps. His ex-wife, however, countersued and the court ordered that Danny produce the financials. Danny defied the court and still didn't comply. What is Danny Boice hiding? Why has he gone from suing his ex-wife for full custody of his children to putting himself in jeopardy of losing any custody of his children? For those of you interested in what's happening with Danny Boice, Trustify. Months ago, he sued his ex-wife Joanne for full custody of their children. I believe Danny is using the cash from his investors to harass his ex-wife. It wasn't bad enough that he cheated on her with her best friend. Abandoned her. Left her destitute by lying about his financial condition in order to pay a bare minimum of child support. He wanted...