In response to co-founder James Hardy’s lawyer, Nasgo is below investigation by the SEC.
A BehindMLM reader going by Collin has shared correspondence with Blair Kreuger, a Managing Accomplice of Krueger LLP.
Kruger purportedly reached out to Collin relating to claims made in opposition to James Hardy, in relation to ShareNode investor losses.
Wrote Kreuger to Collin on September 14th, 2019;
In your e mail, you state that you’ve got ‘claims in opposition to [our client, Mr. Hardy].’ … As you recognize, when folks make investments they assume the danger that the funding will depreciate, and even fail.
Collin responded by mentioning securities regulation and the FTC Act;
Thanks for clarifying that “stakeholders” have been “investing” in ShareNode. As you might remember the securities being bought in ShareNode have been by no means registered.
Additional, the “associates program” bought folks one thing of no worth (SNP, or NSG that was not allowed to be withdrawn), which violates FTC rules.
This prompted “threats and libelous statements”, and likewise the revelation that Nasgo was below investigation.
…. Maybe you might be ignorant …: NASGO is below investigation by the SEC (and maybe others). Mr. Hardy has cooperated in that investigation up to now utterly.
To the most effective of my information neither Nasgo, Eric Tippets or Steve Chiang have revealed the SEC investigation to their affiliate traders or the general public.
Because the investigation is ongoing, we don’t have any particular particulars at this stage.
BehindMLM warned of Nasgo’s securities fraud by means of ShareNode again in January 2019.
The corporate doubled down on its fraudulent providing by partnering with Ryze on or round August.
Keep tuned…
Replace twenty ninth April 2022 – The SEC has sued James Hardy, Eric Tippetts, Steve Chiang and Maurice “Butch” Chelliah for fraud.