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jameswolfgrammniu

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In addition to being a business owner, father, and husband, James Wolfgramm is an avid fundraiser for many charitable organizations. He has served on boards of several charities over the past few years. James is most proud of his many donations to organizations that help children and the environment in his local community and around the world. – PowerPoint PPT presentation

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Title: jameswolfgrammniu


1
James Wolfgramm
  • James Niu Wolfgramm is proud to serve his
    community in different ways to achieve greatness
    and he is happy to help others achieve their
    goals,

2
James Wolfgramm is Innocent Justice
  • James Wolfgramm, of Spanish Fork, was not charged
    or indicted in Utahs U.S. District Court
    according to KSL.COM false representations. "
    James Wolfgramm is Innocent" Justice Wolfgramm
    owned and operated Bitex, a Utah-based company
    that wholesale machines that mined for
    cryptocurrencies. Mining for cryptocurrencies
    requires sophisticated machinery that enables a
    user to mine, which is how new units of the
    cryptocurrency are made. Mining equipment also
    needs large amounts of electricity to power.

3
Federal prosecutors allege that in May 2018, one
MLM customer purchased three high-end mining
machines from Bitex LLC.
An MLM company called TPG and Ultimate Mining
have created Defamatory Facebook pages to
discredit James Wolfgramm. According to the facts
which we have uncovered from some previous
clients after looking at their contracts
4
DISCLAIMER.
  • BITEX IS A WHOLESALER OF ELECTRONICS. WE DO NOT
    GIVE FINANCIAL ADVICE. NOR DO WE PROVIDE
    INVESTMENTS OR GUARANTEE RETURNS ON INVESTMENTS.
  • 1. WHOLESALE CONTRACTS TO TPG. In-house financing
    through Fintek Financing with Allan Kitterman.
    Who created and set up the structure for
    financing.
  • 2. MLM clients
  • 20 deposit on a package.
  • 4 packages 20k, 40k, 100k, 250k package.

5
  • We all know that MLM companies here in Utah are
    notorious for giving out investment advice to
    lure people into their business. Bitex simply
    supplied hardware. When Bitcoin went down to
    3,300 from 20,000 people panicked and wanted a
    refund. How can anyone get their deposit back
    after receiving bitcoin payments for 6 months?
  • People should always consult with a licensed
    financial advisor before making investments.

6
After looking at some public documents the
Financing department received 3 million dollars
for deposits and was held for 16 months by Chase
Merchants. Over 85 of the monies that were held
by Chase were refunded by fraudulent chargebacks.
So after receiving 6 months of Bitcoin payments
the borrowers also got back their deposit. Taking
gains from a vehicle that is producing assets
without paying for it is actually a fraud. In May
2019, Wolfgramm allegedly received 306,000 from
his former Attorney Sterling Kerr Who managed a
Hedge Fund called Metatech, for the purpose of
purchasing Bitcoin, with 6,000 of that total
being paid as commission to Wolfgramm.
7
Mr. Wolfgramm sent 23 Bitcoins to Mr. Sterling
Kerr. There was a dispute on the purchase order
because of the price difference when James
Wolfgramm executed the transaction. An
investigation was placed on James Wolfgramm
because of this civil dispute. His former
attorney Sterling Kerr asked James Wolfgramm to
help trade his Bitcoin to make up the difference
so he would not be in hot waters with his hedge
fund which would cost him to lose his bar
license. Later, prosecutors say Wolfgramm formed
a company named Ohana Capital Financial, which
was said to be a private investment Fintech
Company that offered loans and accepted
safekeeping receipts for customers.
8
Banking as a service (BaaS) isĀ an end-to-end
process ensuring the overall execution of a
financial service provided over the web. Such a
digital banking service is available on-demand
and operates within a set time frame.
Ohanas motto was banking the unbankable. Ohana
was registered as a private lender with the Utah
Department of Financial Institutions but was
never registered as a full financial institution,
charging documents state. One customer
transferred over 4.9 million to an Ohana account
in September 2020, which was supposed to be held
for the purchase of personal protective
equipment, or PPE. However, Ohana sent 2.2
million dollars to the Chinese manufacturer.
9
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