What does our research say about Laurie Suarez?

Laurie Suarez: A Serial Fraudster Behind Multi-Million Dollar Ponzi Schemes

Criminal Background and Corporate Ban:Laurie Suarez is a convicted fraudster with a history of financial crimes, including serving prison time. He has been legally barred from managing corporations due to his fraudulent activities. ​

Asset Freeze Reflecting Investor Losses:In March 2023, the Supreme Court of Australia ordered the freezing of Suarez’s assets up to $555,174,472. This action was based on claims from over 30 investors who allege substantial financial losses due to Suarez’s schemes. ​
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Involvement in Multiple Ponzi Schemes:Suarez has been linked to several Ponzi schemes, including Recycle Bot, RB Global Crypto Bank, RB Global Coin, and XEMXLink. These ventures collapsed, leaving investors with significant losses. ​

Dynamis International and Continued Fraud:His latest company, Dynamis International, was placed into liquidation in early 2023, indicating ongoing fraudulent activities and financial mismanagement. ​

Investor Deception and False Promises:Victims, including former associate Kristen Linehan, reported being misled with promises of high returns. Linehan claimed her account balance inexplicably dropped from approximately $111,868 to $15,000. ​

Regulatory Inaction and Ongoing Risks:Despite Suarez’s history of fraud, Australian authorities have been criticized for their lack of action, allowing him to continue operating and defrauding investors.