@almitchell

I killed the Ponzi scheme and brought trust and transparency to commercial real estate. Former politico. 🇦🇺🇺🇸

Joined October 2008
My journey from a 10 year old to a decabillion dollar business opportunity.
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The CEO of DroneShield hearing about Firmus today and realising he’s still going to be the #1 most shorted on the ASX
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Won’t someone think of the short sellers? The combined market cap of the top 10 asx shorts is ~$30b. Firmus @ $11 would’ve been a $43.7b plaything.
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A property manager was able to fake statements that even caught out his own business partner. Another case showing why verified records always trump reports.
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What connects the secret sixth member of the Backstreet Boys to *NSYNC and a $1 billion Ponzi scheme? 🧵
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Pearlman was eventually found hiding in Bali and sentenced to 25 years in jail. His victims lost 96% of their money.
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If your asset manager isn’t giving you unbreakable, permanent and shareable at source proof, ask yourself: what are they hiding?
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“Numbers can’t lie, but the people who create those numbers can and do.” - @HarryMarkopolos
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At the time @getir_us had an $11.8 billion valuation. What’s it worth today?
It’s hard to notice inflation in NYC when all these VC-backed grocery delivery services are basically giving them away. Thanks @sequoia!
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🫱🏻‍🫲🏼
Transparency builds trust
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A 25-year-old woman who had been working in Shanghai for a bank owned by the Chinese Government arrived in Melbourne and met Jack (who was then an employee at ANZ Bank) in a coffee shop. Less than an hour after meeting him she offers him $2 million to invest in a payments business that he hadn’t yet started. He accepted $1 million into his personal bank account. She became President of the new business and returned to Shanghai. These are all facts AirWallex themselves have put on the public record.
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With the questions by the US Congress, @rabois, @JTLonsdale and others (including @AUSTRAC), one sticks out: how did a 25 year old bank employee living in China have $2 million to invest in a highly speculative venture in Australia?
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What is @AusElectoralCom doing about these constant fake anti-@LiberalAus ads on X and who is paying for them @elonmusk? Sponsored ads from 𝗼𝗳𝗳𝘀𝗵𝗼𝗿𝗲 accounts using AI images leading to a spoof ABC News page. I’ve reported from 10 different accounts running these ads in just the last 24 hours @SenatorMcGrath.
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Blockchain technology enables institutional asset managers to create proof of their asset cashflows that's unbreakable, permanent and shareable-at-source.
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