Gian Paolo Aliatis : Defrauded many tenants

techslo — Sat, 01 Apr 2023 01:14:38 -07:00

Gian Paolo Aliatis is a self-made entrepreneur and the founder and CEO of multiple companies, based both in the UK and abroad. His companies specialise in buyouts, venture capital, turnarounds, and real estate investments, with a focus on co-living and prop-tech. Gian Paolo Aliatis of BRKV London knew from a young age that he didn’t want to settle for working for someone else and that he needed to have his own business and make his own way. The key to success, he knew, was audacity. He left his country with strong self-belief and a desire to be successful in business, whilst simultaneously enjoying the best life has to offer. The director of a lettings agency that tried to pass itself off as a membership club to dodge the law while leaving tenants in the lurch has been hit with a bill of more than £40,000 in the first prosecution of its kind in the UK. Gian Paulo Aliatis, the director of Lifestyle Club Ltd in Islington, London, pleaded guilty to three charges on July 30 after Islington Council’s Trading Standards investigated his firm’s bogus claim that it was a members’ club and therefore not subject to the legal regulations for letting agents. He was sentenced after pleading guilty to three counts of engaging in an unfair commercial practice between October 1, 2017 and April 30, 2018, contrary to Regulations 8 and 15 of the Consumer Protection from Unfair Trading Regulations 2008. Snaresbrook Crown Court heard that the company, trading as Lifestyle Club from premises in White Lion Street, Islington, advertised on SpareRoom.co.uk, marketing itself as a membership club. Aliatis – whose name appears 15 different times on Companies House, a UK register of companies – claims he no longer lets any flatshares, according to an email sent to VICE World News. Despite denying he’s currently involved with Simple Properties or any other rent-to-rent companies, both Gonzalez and Leger's stories of exploitation link back to Aliatis and bear a remarkable resemblance to the schemes run by Simple Properties and the Lifestyle Club Ltd. Instead of charging tenants a deposit, which is refundable and by law has to be paid into a tenancy deposit protection scheme, Aliatis admitted his firm demanded a non-refundable “joining fee”. Lifestyle Club also admitted pressuring customers into signing a “membership agreement” without giving them time to read and understand the document, and denying potential tenants the chance to view a property in person before agreeing to live there. IN OTHER SCAM: The Lifestyle Club Ltd., owned by an individual named Gian Paolo Aliatis Mejia, took a £200 “joining fee” which was non-refundable, rather than a deposit, which legally is refundable and should be protected by a deposit protection scheme. Tenants – called members, much like Gonzalez and Leger were – were also asked to pay a monthly “membership fee” rather than rent. Aliatis was fined for unfair commercial practice after pleading guilty on three charges. After the case closed, Simple Properties Management (which lists a Miguel Cabeo Cespedes as its director) took over properties previously run by The Lifestyle Club Ltd. Although the companies changed, the claimant in the original case says in court documents that she continued to visit the same office and work with the same staff, confirmed by correspondence at the time. A court judgment against Simple Properties Management shows that the claimant, originally in a Lifestyle Club Ltd. agreement, faced an illegal eviction once the property was taken over by Simple Properties Management, including having the locks changed on the property while she was out and having her personal property removed. Eventually, Simple Properties were made to pay damages of £56,675.91 in a civil case plus legal fees. The lawyer representing the client told VICE World News the fine was never paid as the company eventually dissolved. Aliatis denies any similarity between the two companies. “We have never shared offices with any company operating within the same industry. From 2018, we sold parts of our property portfolio to various companies, one of them being Simple Properties." Figures named in court cases against Simple Properties, like Cespedes, are hard to track down. They often do not appear in court as they do not attempt to defend their case (in some cases because they’re facing other charges at the time, as was the case with Cespedes) and leave very little information online. Aliatis, the mastermind behind the original Airbnb-like scheme, however, is far from hidden. The “entrepreneur” – who runs a blog with the slogan EVERYTHING YOU WANT IS ON THE OTHER SIDE OF FEAR on its landing page – declined numerous requests to speak by phone. Over email, he said that in his opinion, “shared accommodation in London is one of the answers to the London housing needs”, but due to complex “regulation” and “the demonisation of Landlords by councils and media” there are simply too few to solve the housing crisis (in the UK, the private rented sector has the worst affordability and conditions despite being extremely prolific).
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Vienna Cybercrime Trials – Following the Money to former Vienna Stock

james779 — Sat, 18 Jun 2022 01:48:20 -07:00

Complicated Procedures for Restitution Payments Unfortunately, the EU doesn’t have a federal law regime or federal courts. Hence, scammers must be charged and convicted separately in each EU member state in order to provide restitution payments to the victims of the respective country. To this extent, other European states are currently preparing charges against Gal Barak and his accomplices. Most of the money stolen via the scams like XTraderFX, SafeMarkets, Golden Markets, CryptoPoint, or OptionStars has not yet been recovered: • more than €2 million have been seized with the Bulgarian Investbank; • the ING subsidiary Payvision is said to have frozen and/or reserved several million that could be paid out to victims based on appropriate court orders; • real estate held by Barak’s Fisher Properties Ltd has been seized. The European Funds Recovery Initiative (EFRI) and its lawyers are already active in this regard. Austrian-Ukraine Fondy Millions of victims of Gal Barak‘s XTraderFX et al broker scams have been processed via the UK FCA regulated Fondy Ltd, which handled credit and debit card payments for the scams. This company is controlled by the former head of the Vienna Stock Exchange, Stefan Zapotocky, and his Ukrainian partner Valeriya Vahorovska through V & A Holding GmbH (companies register record) in Vienna. According to Fondy, the payment services for Barak’s scams would have been provided in cooperation with DreamsPay, a Czech payment processor owned and controlled by the Russian Vladislav Smirnov. Smirnov is a close partner of Gal Barak and a co-owner of the cybercrime organization around E&G Bulgaria and Tradologic. Smirnov has excellent contacts in Austria and maintained bank accounts with Austrian banks. In 2018, Meinl Bank issued a money laundering report against Smirnov and his Seychelles registered Keyring Holdings GmbH (see FinTelegram report here). Stefan Zapotocky is the former head of the Vienna Stock Exchange and most recently worked on the Management Board of the European subsidiary of the Russian SBER Bank in Vienna. Besides that, he has been working for years as an advisor for the Austrian “oligarch” Ronny Pecik, who in turn is supported by Ukrainian oligarchs. Pecik and Zapotocky have been persons of interest for the U.S. CIA as a respective report available to FinTelegram suggests. For sure, Zapotocky has the very best relations to Russia and Ukraine. His partner Valeriya Vahorovska is a Ukrainian living in Vienna and is a payment expert. Zapotocky has taken control of Fondy Ltd, which was founded by Vahorovska in 2014, in the course of the FCA registration in July 2016. The partnership between DreamsPay, Binex, and Fondy was apparently managed by Smirnov’s Ukrainian CEO Leonid Olshevskyi. Follow the money It is incomprehensible why a regulated e-money institute like Fondy works as a payment processor for scams against the public warnings of various financial market supervisory authorities – also from the FCA. In any case, Fondy as well as Payvision must have the data about the money flow.
Learn more: Vienna Cybercrime Trials – Following the Money to former Vienna Stock

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Gian Paolo Aliatis : Defrauded many tenants

Vienna Cybercrime Trials – Following the Money to former Vienna Stock