We all know  about German “”businessman” Ruben Weigand and the news of his arrest earlier in the year for $US100million credit card fraud that has by degrees implicated an unsuspecting Eaze cannabis delivery service in the deception

As of now it is not suggested that Eaze are complicit in a growing web of deceipt that seems to include jurisdiction like Germany & Cyprus, amongst others. Also,currently, it doesn’t look as though Federal authorities suspect Eaze of active collusion with Weigand and his associates.

 

A report in Forensic News published July 9, which unsurprisingly, is forensic in its approach, highlights the following.

  • Weigand who was arrested by the FBI on bank fraud charges relating to his work for the company(eaze) was a key figure in the scandal-ridden and now-defunct FBME Bank. (Federal Bank of the Middle East)
  • That partner, Ray Akhavan, appears to be part of a shell company and banking web that spans at least eleven countries and has been connected to multiple allegations of wrongdoing.
  • FBME Bank is notorious for its large money-laundering fines by the US Treasury, a key part of which appears to be the Eaze partner, according to a confidential Kroll report.
  • A fuller picture of Akhavan reveals that he is not merely a “porn baron” but the owner of a massive global shell company and dark money empire that have been credibly accused of multiple financial crimes.

It gets ever more complicated and the general jist of things is that Eaze probably needed better lawyers, better business judgement, better compliance and probably not so naive senior management.

Keith McCarty Founder & CEO ( WAYV / EAZE)

Roie Edery – Co-Founder

 

 

It’s a big bad world out there kids

We’re sure there’s. more to come on this one.

Read the full article

US Investigators Probe Massive Global Financial Crime Network

US Investigators Probe Massive Global Financial Crime Network

 

Eaze – Crunchbase Page