Global A Brands, Inc and William O' Rourke Securities Fraud I am a victim of securities fraud. I was induced into making a $90,000 investment in Global A Brands, Inc, (GAB) based on material misrepresentations made by William O’ Rourke, who is the President and COO of the company regarding the outcome of investments made by other investors. I am aware of 2 other victims who were scammed out of $300,000 and $50,000 by GAB’s executives. Las Vegas NV
In connection of admission of fault, Mr. O'Rourke executed a Promise to Pay on April 9, 2022 agreement agreeing to repay the $90,000. The investment has not been returned to me. I wanted out of the investment since February 21, 2022 and have been assured by several GAB's Senior Executives on 5 different occasions that my investment would be returned to me and it hasn't.
This offering is a scam because:
a) misrepresentations and claimed accomplishments were made to induce the investment,
b) the sales documents were misleading/inaccurate,
c) failed to verify that I’m an accredited investor,
d) did not disclose that the company was not in good standing, e) failed to file Form D within 15 days of first sale, and f) quoted me future price per share.
I read Securities and Exchange Commission v. Thomas Carter Ronk, No. 1:18-cv-8908 (S.D.N.Y filed September 28, 2018) and it appears GAB are also peddling securities to investors to manipulate the market. I believe Timothy J. Alford, Chairmen of the Board for GAB, is doing so via these companies: Gammarey, Inc, Spark Capital Investments, LLC, AD Securities America, LLC, Mingta Capital, LLC, Freedom Holdings, Inc. Attached is the Stock Purchase Agreement Rescission with Freedom Holdings.
I've provided a list of co-conspirators, other investors who have been scammed and witnesses for further investigation.