Complaint Review: Galina Vaynter - Internet

 Galina Vaynter, an experienced and cunning scam artist and a pump and dump penny stock promoter launched her career in or about 2003 under guidance from convicted felon Greg Mulholland and Joseph (Joe) A. Padilla as one of the numerous stand-ins in their early frauds. The first big deal, where Galina Vaynter was in charge of a large pump and dump herself was USXP, the infamous Universal Express, Inc. scam. Galina Vaynter worked with convicted felon Richard Altomare, the CEO of that company and Galina’s BCOM Marketing, Inc. and Fortune Market, Inc. were used to flood the market with tens of millions of shares illegally issued and sold on false pretenses of sponsoring a BMW car racing team of Gene Sigal, a famous race car driver. Millions of dollars were raised from unsuspecting investors and split between Galina Vaynter and Richard Altmoare. The investors lost all their money. Gene Sigal’s team never received the sponsorship money in the promised amounts. He sued Galina Vaynter in court and won a multi-million dollar judgment against her. She didn’t flinch and bought herself a lavish mansion registered to a “straw company" at 5349 Aura Ave, Tarzana, CA 91356. Now that Galina Vaynter developed a high standard of living, moved out of a rental apartment into a large mansion, started driving luxury cars and going on expensive European cruises she needed more money. Her Fortune Market, Inc. became a pump and dump scam on its own quickly going from pennies to $5 per share and then all the way down to nothing again. Galina made tons of money. All the shareholders lost every penny they had invested. At that time Galina started networking with other known scam artists and soon associated with convicted felons David and Donna Levy of FL as well as convicted felon Leonard Gotshalk of Oregon and they all converged on the next scam UCHB, which involved another convicted felon and former TV start Larry Wilcox. Yet again, millions of shares were sold to the unsuspecting investors lured by the celebrity CEO and false press releases. Investors lost all their money while Galina Vaynter moved on to the next scam. By this time Galina Vaynter’s network of sham companies and pump and dump associates has become international. Not only she operated three domestic “marketing” companies (BZCOM Marketing, Inc., Direct Communications, Inc. Legacy Resources Group, Inc.), all of which had no offices or employees, were located at UPS or other mailbox rental stores and have been registered to either her husband Avady (AKA Vadim) Vaynter and her close associate Kenneth Jeremy Smith of WA, but she also ran at least four Belize-based entities (Rasel Ltd., Pier One Holdings Ltd., Rival Marketing, Inc., Starline Services, Inc.). She developed relationships with the owners of Titan Securities, Inc. and Unicorn International Securities LLC in Belize, who were recently indicted by US Federal Courts in the alleged $500 million penny stock scams as well as stock promoters from Israel, Germany Canada and as far as Philippines. In association with Moshe J. Schnapp as well as Donna Marie Silverman-Cherepakhov known for multiple securities laws violations Galina Vaynter approached OMVE, an up and coming apparel company, with promises of $5 million financing. Using various false inducements, illegal opinions by corrupt lawyers and other “tools of her trade” she and her associates obtained tens of millions of shares of stock of that company, which were promptly sold into the markets for millions of dollars. The promised financing was never delivered. The company collapsed, investors lost all their money and litigations related to that fiasco are still under way. In the meantime Galina Vaynter moved on to her next scam, this time an alleged energy company, stock symbol BOPT. This time she teamed up with Alexander (AKA Sasha) Smirnov, self-proclaimed FBI informant and a “brother of a powerful FBI agent”. Millions of shares of BOPT (even including fake stock certificates) were sold by Galina and Sasha to private investors, then the usual pump and dump-type trading commenced only to be promptly halted by the SEC on suspicion of illegal activities. The investors lost all their money. In the meantime Galina Vaynter teamed up with convicted felon Michael Sullivan and Moshe Schnapp once again to recycle FXIT, a forex technology company and a vehicle for a recent pump and dump, into a new scam. After a series of reverse splits Galina Vaynter and her daughters Korina Vaynter and Regina Katz (aka Katz) own all the free trading stock in Galina’s new and current scam former FXIT now known as Gopher Protocol, Inc. (GOPH). Of course a series of sham entities is involved in ownership of that stock including the recently formed Reko Holdings LLC registered to Galina Vaynter’s daughter. The stock of GOPH, which traded above $10 a year ago is at $0.23 and falling today. In the meantime Galina Vaynter managed to raise over a million dollars from several individuals by privately selling and pledging them unregistered paper certificates of stock in GOPH, she still lives in her mansion, drives high-end European cars but every now and then, when investors ask for their money, swears on her grandchildren that she has no money to buy food. Will somebody ever stop her? If you simply Google Galina Vaynter and do some light digging, her history of scams and fraud can be easily referenced.