Growing investment scams and frauds are a concern for a lot of people. The scammers might trick people into losing their hard-earned money. It might be difficult to gain back the money once you’ve lost it in a scam. However, the best thing to do is to ensure no one else becomes a victim of the scams.
So, we’ll be exposing a scammer Derek Graeme Deana-Roga in this article to ensure no one else falls into his trap again. It will provide you with a basic idea of how this scammer manipulates people by giving them enticing offers only to scam them. Let’s start by learning who Derek Roga is.
Who is Derek Graeme Deana-Roga?
Derek Roga is a Pakistani-born US citizen who has been scamming people on four continents. Both parents of Derek moved from Pakistan to Oman first and then to the US. His father worked as a salesman while his mother was a ground staff for a company named KLM.
Derek got his early education in Pakistan before moving too abroad. He further continued his studies in the countries where he was residing with his family. While he and his parents have been moving from one place to another, most of his family, including his aunt Mary resides in Pakistan.
Key Statistics of His Scam
Derek’s scams led to huge financial losses for investors all over the world. While some were able to deal with these blows, many had to face severe financial challenges down the road because of his scams. In a rough estimation, he and his team managed to scam around 350 investors.
These were only the ones that came forward, and we believe that the number could be higher than this. The smart thing that Derek did was that he didn’t target a specific region. Instead, he went against investors from different countries. Reports say that he has impacted investors in 14 countries, spanning into four countries.
This shows how smartly he tricked people into losing their hard-earned money. His elaborate schemes targeted people in all income groups. It is why some of the investors were from middle-working-class families. They wanted to invest the money that they saved after working so hard but weren’t able to do so because of him.
Employees Scammed
It wasn’t just the investors that were scammed, the employees working for the fraudulent companies of Derek Roga also became a victim of his schemes. It is said that approximately 80 workers were not paid the promised salary. These workers were part of the legitimate side of the businesses.
Therefore, they didn’t know about the fraudulent activities that these companies were taking part in. Once they figured it out, some of them quit while others were fired. Either way, none of them got their salaries from the companies. These dues are also a part of the tens of millions of dollars that have gone missing with Derek Roga’s scams.
Fraudulent Companies and Their Operations
The one thing about Derek Graeme Deana-Roga is that he has been smart about his tactics to scam people. He deliberated had many companies registered in different countries. Some of them were directly under his name while in others he was a part of the board of directors.
For instance, he had two companies in the US that would entice people into investment schemes that were obviously fraudulent. The first one was Outercurve Technologies, inc., in the USA which is currently in insolvent liquidation status. Besides the USA, he also has a company in Canada that is under the name of Equiis Secure Platform (ESP). Derek’s had most of his operations in the Middle East with Dubai being the hub of his fake companies.
He had a company registered in Dubai under the same name (Outercurve International FZ, LLC). Furthermore, he also had a couple of more companies in the UAE, including EQ-Group LLC-DWC, Sezams, and Limitless. In addition to that, he also has a company named Amber that is registered in Oman.
Apart from that, he has companies in the European nations as well, including Lithuania, Austria, Switzerland, etc. The worst thing about some of these companies is that they are currently operational. Therefore, there is a good chance that they’re still looking for people to scam. This is why learning and raising awareness about these companies is so important,
Other People Involved with Derek Graeme Deana-Roga
As mentioned before, Derek has a team of scammers who make their investment schemes look so legit and lucrative. These people will present themselves as experts in their fields. But do not be fooled; these are all fraudsters who excel in defrauding people and deceiving them into giving their hard-earned money.
Thomas Liebert in Austria is one of the important players that make the team of his scammers. He has been believed to be handling the operations of various fraud NFT projects throughout the European nations as well, such as Switzerland, Luxemburg, etc.
Marie Michèle Char is responsible for the management of their operations in the Middle East Region. Marie also owned Light Wave Experts FZCO in Lebanon, which is another company that scams people. These people can work under different names, but they have contacted people with these names. So, if you hear of any investment schemes that are presented by these people, then be aware of them.
Final Words
It is a dream of many people to invest in the potential opportunity for a better future. But you also wouldn’t want to be scammed by people like Derek Roga, right? With this article, you have an elaborate idea of how Derek Graeme Deana-Roga, and his group of scammers. Therefore, it is essential that you ensure that you can spot a fake investment scheme from these scammers. This way, you can keep yourself and your loved ones from falling victim to a scammer. It is vital that you only invest in investment schemes that are legit. Make sure to carry out proper research to find the right opportunities.