Yesterday’s blog, “Eric Noveshen’s Biggest Financial Scam Money Laundering Through Consulting Fees” generated a lot of emails. One claimed to have been a victim of the NIR, Daryl Dworkin, Eric Noveshen, Medgen PR scam. Almost any email of relevance said look at the pattern of shorting.
This is what Pdgood said on http://www.investorshub.com too, “You up ta speed on shorting? Eric wants no part of the questions that would be asked about Medgen, Robins as CEO of ECMH…Eric was front and center in all these scams.”
As explained, Noveshen was a PIPE deal finder for a New York hedge fund NIR. Noveshen found small or struggling companies that needed funding. He would offer funding from NIR, with a catch. The company had to pay large fees for PR, to a PR company chosen by NIR. That company was Boca Raton based Medgen, a money laundering factory disguised as a producer of holistic health products.
The PR money was and split between Dworkin of NIR, Noveshen of Envision Capital, and Paul Kravitz head of Medgen.
From the affidavit of the CEO of the Juniper Group, an NIR (AJW Funds) funded company confirmed that the funded companies were required to pay money to Medgen (Paul Kravitz) for “PR” and “Consulting”.
AJW QUALIFIED PARTNERS, AJW MASTER FUND… v. JUNIPER GROUP, INC.
NIR illegally shorted a long list of stocks of the companies it funded. The pattern of shorting and other securities frauds committed by NIR is spelled out in many lawsuits against NIR and its AJW Funds. Note* it fits the same pattern of stock manipulation that Ajene Watson and Eric Noveshen are accused of in the Simulated Technologies/Licht v. Watson lawsuit.
Read for yourselves….very similar illegal patterns. Dworkin and Ribotsky are out of the game for a few years, but Ajene Watson and Eric Noveshen have carried on these stock manipulations in other stocks such as Oriens (OTHM), changed name to Pure Hospitality (PNOW) in 2014. Stock fraudster hospitality, if you’re an investor you’ll never forget it.
EMTA Holdings, INC. v. AJW PARTNERS, AJW OFFSHORE,…..
Juniper Group v. AJW QUALIFIED PARTNERS; AJW MASTER FUND..
Allen Licht v. Ajene Watson, et. al
More details of this case found here:
More information on stock shorting: