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Wednesday, July 10, 2019

ROBERT BUCKHANNON'S COLORADO-BASED PHOENIX RISING VENTURES LLC CRYPTO SCAM EXPANDS TO NEVADA: The Jeffrey Epstein Of Fraud Uses Sweetheart Deal With The Feds To Spread His Scams; Expands Cryptocurrency Swindle With CBD Products & Cash Advance Service

“Our solar clients are companies looking for unique opportunities and needs for affordable scaleable solar and battery technologies.”  
UPDATE JULY 10 @ 5:30pm: Robert Buckhannon deleted the Alignable page for Phoenix Rising Ventures, LLC. (Good thing I took all those screen grabs!)

On May 30, 2019, former Michigan chiropractor Robert Buckhannon (left) inked a plea deal, agreeing to plead guilty to one count of conspiracy to commit wire fraud. 

Buckhannon’s plea deal requires him to “not commit any criminal offense during the cooperation with the United States.” 

But it appears that Buckhannon's not under meaningful scrutiny by any federal law enforcement official—one week before striking the plea deal, Buckhannon filed paperwork in Nevada to form a Non-Title 7 Business Entity, expanding his Colorado-based bitcoin mining investment scam (currently operating under the name Phoenix Rising Ventures LLC) and adding “CBD products” and “cash advance service” to his existing scheme. 

Pay close attention to the “Non-Title 7” classification:  a “Non-Title 7” (NT7) business is a sole proprietorship or partnership doing business in Nevada that is not required to file its organizational documents (e.g. articles of incorporation) with the Office of the Secretary of State. 

NT7 businesses doing business in the state of Nevada are required to maintain a state business license. 

This is different from a “Title 7” business which is an entity organized pursuant to the laws of Nevada that files its formation documents with the Office of the Secretary of State. 

Title 7 entities are required to file an Annual List of Officers or its equivalent, and include domestic and foreign qualified corporations, limited liability companies, limited partnerships, limited liability partnerships, limited liability limited partnerships, non-profit corporations, trade marks, service marks, trade names, reserved names, professional associations and business trusts. 

In a word, disclosure. 

Buckhannon found the work-around that would allow him to fly under the radar with what looks like yet another scam.

Too bad I found it.

Buckhannon’s plea deal stemmed from a criminal indictment filed August 8, 2018 against Buckhannon and his co-defendant, Kelly DeMoss

As detailed in the factual basis for the plea, Buckhannon admitted his role in a scheme to defraud Blackburne & Sons Realty Capital Corporation, perpetrated with DeMoss. Buckhannon’s plea deal revealed that he agreed to “fully cooperate with the federal Bureau of Alcohol, Tobacco, Firearms and Explosives, the U. S. Attorney’s Office, and any other law enforcement agency in this investigation of charges” contained in the original indictment as well as the investigation of crimes “over which they have actual or apparent jurisdiction”. 

The U. S. Attorney’s Office agreed to drop the other charges against Buckhannon contained in the original indictment, including one count of wire fraud and three counts of money laundering. Buckhannon’s cooperation will consist of “all steps need to uncover and prosecute such crimes, including, but not limited to, providing investigators with a full, complete and truthful statement” concerning his knowledge of “any and all criminal activity of which he is aware; truthfully answering investigators’ questions; meeting with prosecutors before testifying; truthfully testifying before grand juries and in any court proceedings; and providing all relevant tangible evidence” in his possession or under his control. Included are “objects, documents, and photographs”. 

Buckhannon’s plea deal requires him to “not commit any criminal offense during the cooperation with the United States.” 

The last time I looked at the statutes, seeking investors for a non-existent cryptocurrentcy mining scam is fraud
Adding two areas of business (the monkey variety, no doubt), Buckhannon touts his expertise in hemp extraction and solar and battery technologies, with the help of his not-so-silent partner Zia Shalimoun on Alignable:

Phoenix Rising Ventures, LLC Nevada headquarters: 3050 Westwood Drive, Las Vegas

Buckhannon reveals what he's really interested in: investor money. 

Ironic that he's included “mortgage brokers” among his target audience, as he's already proven how adept he is at screwing over one hard money mortgage broker out of nearly $500,000.

Buckhannon has hired Gino Kaye, of New York City-based Reputation Marketing Leaders, in an apparent attempt to sanitize his reputation.

Good luck, Gino.

Buckhannon's Change of Plea hearing is set for July 25, 2019 at 2:00pm in Grand Rapids.


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