Security News > 2021 > May > Investment Scammer John Davies Reinvents Himself?

Bernard found a constant stream of new marks by offering extraordinarily generous finders fees to investment brokers who could introduce him to companies seeking an infusion of cash.

"Perhaps the leading reason for acquiring an aged entity in general is credibility," explains TBA & Associates, a company co-registered in the UK and New Zealand that has created hundreds of shelf companies for sale, including Hempton Business Management LLP in 2017.

Documents from the UK business record index Companies House show two entities as officers in Hempton: ABA Group & Associates LTD, and Harper & Partners Ltd. Both of these are shelf companies in Hong Kong that are listed for sale in the same TBA PDF advertisement linked for Hempton.

Searching Companies House for information on ABA Group and Harper & Partners leads to a dizzying number of other shelf companies in Hong Kong, Belize and the U.K. - all of which also were recently listed for sale by TBA. The only person's name attached to each of these companies is a Joaquim Magro de Almeida, a rather mysterious 72 year-old Portuguese business consultant.

Nz follows a trail of various other investment scams leading back to TBA shell companies, and to Mr. Almeida, too.

In my first report on John Davies, I noted that before becoming John Bernard he previously used the pseudonym "Jonathan Bibi" with an address in the offshore company haven of Seychelles.

News URL

https://krebsonsecurity.com/2021/05/investment-scammer-john-davies-reinvents-himself/