Scam Patrol just recently was informed by an AICG insider of a new franchise scheme being peddled by
American Fugitives Sam & Linda Arnold
both in the U.S., China, and Europe. After their fraudulent loan scheme
in Beijing was publicly exposed, they obtained new phones numbers and
an executive suite and are now offering to sell turn-key schools to
teach Chinese in the U.S. and to teach English in China to anyone
willing to shell out 1.5 million rmb (roughly $500,000USD)
The phony school franchise is called
ATHENAS HIGHER LEARNING CENTER which
in Beijing was established nine months ago to primarily launder money
for corrupt Chinese military officers. In Beijing, the "school" is a
one room operation approximately 15 by 30 feet that seats twelve
students who for $3,000 are told they will get jobs in the U.S. once
they can demonstrate they can speak and read English. In reality the
school is not certified nor accredited and nobody bothers to tell the
students that neither AICG nor Athena can obtain the required visa nor
sponsorship of a U.S. company that they require by law to go to the
U.S. The phony school is located at the SuYuan Office Center of the
Beijing Friendship Hotel in suite 61633.
The new scam is being peddled by the Arnold's other front company "Investments in China" at the below web site:
http://investments-in-china.com/PUAthenas.htm
For those not familiar with the Arnold Gang, they are wanted fugitives
in the U.S. for over five years for a multitude of frauds including
consumer, credit card, mortgage, bank, and securities fraud. Sam Arnold
has been arrested four times for DUI, Fraud, Assault, and Identity
Theft & Forgery. He has pled guilty to six felony charges in the
U.S. and after serving one year in prison was sent to drug rehab from
which he went AWOL - and straight to China where he has operated five
different fraud schemes including the infamous American Independent
Capital Group (AICG). Please see our previous reports on AICG. and the
below links:
http://www.cslb.ca.gov/GeneralInformation/Newsroom/MostWanted/SamuelNevielArnold.asp
http://www.buttecourt.ca.gov/online_...eNumber=147188
The above link pretty much puts and end to the "No law suit" defense
Arnold's friend try to use on previous posts. This guy is wanted in
three states and by the feds. What else makes a 52 year old man with
six kids pack up and move to China? Did he go there to watch the
Olympics or escape the long arm of American lawmen? Also, the below
links are beyond dispute.
http://www.buttecounty.net/SheriffCo...hives%20A.aspx
http://www.newsmodo.com/display.jsp?id=1475552http://www.usdoj.gov/whatwedo/whatwedo_if.htmlhttp://www.acf.hhs.gov/programs/cse/http://www.childsup.ca.gov/http://www.childsup.ca.gov/LinkClick...bid=36&mid=386
Arnold's new base of operations appears to have been relocated to the below address:
AICG
Room A15, 15th Floor
Wang Jing Tower
Beijing 100102
Tel: +86 (0)10 6472 8868
Fax: +86 (0)10 5885 7130
This is the third "relocation" in two years and to date the Arnolds
have utilized thirty three different telephone numbers and are now even
using Skype and Magic Jack numbers to appear as if they are calling
from U.S. offices in Beijing, Beverly Hills and elsewhere.
Over the last month the Arnolds have issued over a dozen bogus news
releases designed to give false credibility to their schemes and only
last week, a team of Interpol investigators arrived in Beijing to
collect sworn statements from Chinese victims.
The Arnolds have a 16 year history of running sophisticated frauds
in California, Nevada, New York, Texas, and Nevada. At present there
are three outstanding arrest warrants for him in the U.S. By marrying a
Chinese national he is protected from extradition. After his personal
residence was identified in our previous report, we have received
information that he vacated the property and is now living under an
alias name "Sam Martin" not far from the Wan Jing Tower office location.
Our inside source at AICG also informs us that Arnold has recruited his
two young sons in California and brother Norman in Peru to become
"sales agents" for the new franchises. MOre information will be posted
as it is received.
Arnold has been using forged bank statements to show the past "sucess"
of Athena's Higher Learning Center and has been using paid schills as
references who giving glowing reports about the Arnolds and their
companies. Together with the phony news releases, his frauds appear to
be quite believable - on the surface. We have notified the FBI,
Interpol, and Scotland Yard about this new scheme and were advised that
an investigation would be launched immediately.
In the interim, we have issued a GLOBAL FRAUD ALERT and advise
anyone contacted by Sam or Linda Arnold, John Vickers, or any broker
from AICG, Athenas Higher Learning Center, or Investments in China, to
contact the FBI and/or Interpol and DO NOT PAY ANY MONEYS OR SIGN ANY
CONTRACTS no matter what you are told.