Irma Alonso Colon Eric P Littman MJMD MediJane Holdings Attorney Lawyer Penny Stock Scam Investor fraud Miami Florida
I met Eric Littman in 2012 through his wife Jane Pallot Littman and his friend/partner Irma Colon Alonso at a party in the Littman residency in Miami. Eric Littman introduce himself as Attorney who specializes in investments and he proposed that I invest my husband and I's retirement fund with a value of 185K with the promise that he only makes safe investments that he guarantees will bring in profits.
He proposed that we buy a marijuana stock that he claimed was poised to ignite a frenzy of profits. He commented to me that he had insider information from various persons in New York working in big trading firms. The company name is MediJane Holdings (MJMD) and he said that he was so confident in the company that he gave it the name of wife name Jayne.
We decided to follow his advice as it seemed a golden opportunity to make a great profit off our hard earned savings and have an even better retirement. We paid him, as he asked, in cashier checks. He claimed this was for taxes purposes and because he was the Attorney of the company it didn't raise any concerns.Also he said that the profits were going to be invested in the Cayman Islands because they are "known bank secrecy havens."
Only in July 2014 when we heard some warnings and then read this article online http://seekingalpha.com/article/2230513-medijane-prime-to-attract-regulator-attention-amid-slew-of-red-flags http://www.aimhighprofits.com/101-warning-signs-surround-medijane-holdings-mjmd-2014-3 we decided to cash in on our investment but unfortunately the value of our investment was only 15.000USD. When we started complaining and asking questions Eric Littman stopped answering our calls. Shortly after, we discovered he was no longer the Attorney of Medijane Holdings. Also, we realized the president of the company Irma Alonso Colon resigned in June 2014.
We wanted to hire a lawyer but the monies invested was all we had.
We investigated and learned that when Eric Littman sold us the stocks, they were unregistered but in his possession, and we also learned that Eric Littman is not new in this kind of frauds:
http://www.sec.gov/litigation/litreleases/lr19541.htm
We still don't know how the SEC and other authorities let people like Eric Littman, with his fraudulent background, still practice taking advantage of innocent eldery investors.
Stay away from all companies where Littman is involved.
4 Updates & Rebuttals
THOMAS
Miami,Florida,
CROOKS AND LIARS.
#5Consumer Comment
Mon, February 02, 2015
Freddy
Forth Lauderdale ,Florida,
Once again Mr. Littman!
#5Consumer Comment
Tue, November 04, 2014
I was a victim of Eric Littman and Irma Colon Alonso with MEDIJANE in their penny stock scam. I learned that the best guard against a pump-and-dump scheme is public investments. But as was said in “Scarface,” a movie by another famous director, Brian De Palma: “Lesson No. 1: Don’t underestimate the other guy’s greed.”
The SEC stopped Eric Littman and Irma Colon Alonso before, but let them free to continue doing exactly the same fraud with the next penny stock company.
Good luck SEC, you will need it!
Norman
Miami,Florida,
YPICAL. ERTIC LITTMAN AND IRMA COLON ALONSO WILL NEVER STOP.
#5Consumer Suggestion
Thu, October 30, 2014
Scammers like eric Littman and Irma Colon Alonsoare just like the tax cheats, fraud artists and drug traffickers. They are personality disorders who keep offending until they can't take the punishment any more. They live in a revolving door of repeat offenses, prison terms and supervised release violations. Until one day they get worn out and sometime after 40 they say "Yeranah, I'm gittin too ol fah dis." The point is, these guys need to be broken. A mandatory minimum period of incarceration is the ONLY way to protect the investors. GOD BLESS AMERICA!
Steve
New York,New York,
LITTMAN IS NOT NEW IN THOSE FRAUDS THE SEC KNOWS HIM VERY WELL.
#5UPDATE EX-employee responds
Wed, October 29, 2014
Attorneys who do frauds like Eric Littman did give all of attorneys who represent OTC companies a bad reputation. He could not have done it alone and I agree the other people involved like Irma Colon Alonso should be charged as well.
It’s great that the regulators are finally going after these rouge attorneys, they create uncertainty in the public market for all investors.
Something has to be done to stop these guys from scamming!