Outdoors of a yellow Lamborghini which will or might not belong to Ralf Gold, there hasn’t been a lot data on what the tens of millions USI-Tech buyers misplaced has been spent on.
Following the submitting of a lawsuit by Horst Jicha, we are able to now account for an extra $1.5 million in stolen USI-Tech investor funds.
Final October, USI-Tech introduced it had labored out how you can
be 95% extra environment friendly in producing electrical energy with revolutionary magnetic energy innovation, heating and cooling improvements, synthetic intelligence.
Placing apart the truth that nearly all of USI-Tech’s ROI income was recycled new funding, the corporate claimed this “new know-how” can be applied of their mining operations.
As said by USI-Tech investor Vitaliy Dubinin on the time;
Nobody will come near the quantity of revolutionary know-how!
They had been capable of scale back the price of mining by 95% and they’re going to completely crush it everybody!
None of that occurred and naturally USI-Tech went on to break down in January.
However what was taking place on the backend to immediate USI-Tech’s power announcement?
On June 1st USI-Tech proprietor Horst Jicha filed a lawsuit in opposition to Ahern Vitality and operator Evan Ahern.
Based on Jicha’s Nevada lawsuit, on or round October twenty fourth 2017, Jicha loaned Ahern Vitality $1.5 million.
The mortgage had an agreed 12% p.a. rate of interest, with a payback deadline of April twenty fourth, 2018.
The settlement between Jicha and Ahern purportedly ‘granted Jicha a safety curiosity in all of Ahern Vitality’s rights, title to and curiosity within the WYO Tech Entities‘.
A since-deleted YouTube video confirms USI-Tech’s plans for 95% extra environment friendly power rested with Ahern Vitality and Evan Ahern.
The plan seems to have been dump $1.5 million with Ahern in trade for 95% extra environment friendly magical power creation.
Based on USI-Tech advertising materials, Ahern’s magic power was to be delivered by way of an “uneven everlasting magnet generator“.
So right here’s the factor, April twenty fourth rolled round and Jicha acquired neither his magic power or mortgage again.
In reality as of Jicha’s June 1st lawsuit, Ahern Vitality or Evan Ahern have responded.
Jicha is asking for the return of “his” $1.5 million, plus curiosity and authorized prices.
On September sixth the Ahern defendants filed a response to Jicha’s lawsuit. Being a District Courtroom case nevertheless, sadly I don’t have entry to particular filings.
We’ll hold you up to date based mostly on the court docket docket however within the meantime, two factors come to thoughts;
- Jicha has filed his lawsuit as a person. There’s no point out of USI-Tech or the plan to make use of Ahern’s magic power for mining. Gee, I’m wondering why?
- A scammer scams folks for $1.5 mill via a Ponzi scheme, after which loses the cash to a different scammer in an 95% extra environment friendly power rip-off.
Scrumptious…