In today’s installment of our continuing series of investigations into the stock promotion known as Gopher Protocol (GOPH), we’ll look at the revolving door of CEOs and the many addresses from where the company has claimed to be operating.
In its first incarnation, GOPH was known as Forex International Trading Corp, and traded under the ticker FXIT. The very first records indicate that the CEO was Moshe J. Schnapp, and the company headquarters were at 1618 N. Fairfax Avenue Los Angeles, California 90046.
Schnapp is an Israeli citizen living in California. He left Israel owing a large sum to Israel Discount Bank (IDB). IDB has since been active in US courts, trying to “Mo J” to pay what he owes. Interested readers can learn more about IDB vs Schnapp here.
Schnapp had a previous run as an officer at Yasheng Eco-Trade (BOPT) aka Eco-Trade aka Euroweb aka Emvelco, an eerily similar scam to GOPH.
This N. Fairfax Ave address is actually very nice 5 bedroom single family home, at the time owned by Eldad Yaniv. Yaniv shows up as a defendant, along with Schnapp, in a lawsuit, Wachovia Mortgage Fsb v. Yossi Attia Case No. BC392762in Los Angeles County. Who is Yossi Attia? The former CEO of BOPT!
The very next year, in spring 2010, a new CEO, Darren Dunckel, appeared at GOPH/FXIT, using the same N. Fairfax Avenue address.
Darren is the husband of actress Erin Murphy, best known for playing Tabitha on Bewitched. Just like his predecessor, Mo J, Darren also was an executive at scamtacular Yasheng Eco-Fraud (BOPT).
A few months later, in August 2010, GOPH/FXIT moves, for the first time, down the street, to 1061 ½ N Spaulding Ave., West Hollywood, California 90046.
The goings-on at 1061 1/2 N. Spaulding are certainly worth a deeper dive in the future. But today, let’s continue with our timeline.
On Dec 29, 2010 a woman named Anit Attias (aka Anita Atias) resigns from the Board of Directors. She’s the wife of Yossi Attia.
In March, 2011 Darren Dunckel is still the CEO, but the company moves offices to 3753 Howard Hughes Parkway Suite 200, Las Vegas, NV 89169. This is a virtual office space run by Regus (the WeWork of scams).
Just a few months later, in May, 2011 Darren Dunckel moves the company to One Grand Central Place, 60 E 42nd Street, Suite 5310 New York, New York 10165. This is actually the address of The Jensen Law Firm, a small shop specializing in immigration law and the highly controversial EB-5 visa program.
With either visas in hand, or visa applications rejected, in less than 5 months the company decamps yet again. This time Darren moves the company to 49 Front Street, Suite 206, Rockville Centre, New York. This is the address of Stephen Fleming, the corporate lawyer for both FXIT/GOPH and BOPT:
A month later, in November 2011, there is a new CEO, Mrs. Liat Franco and the company moves to a new address: 2506 Campbell Place, Kensington MD 20895. This is very nice brick one family home in a suburb of Washington, DC. It’s currently up for sale for $699k.
Liat lasted a surprising while, but by May 2013 she was out, and a UCLA grad, Erik Klinger, became CEO. The company moved back to the West Coast, to 400 Continental Blvd, 6th Floor, El Segundo, California, 90245. It will likely not surprise anyone to know this is another Regus virtual office.
He lasted over a year, but by October 7th, 2014, Erik Klinger resigned as an executive officer and director of the Company “to pursue other interests.” The new CEO was Andrew Cox and the company returned to the East Coast, back into the loving arms of Stephen Fleming at 49 Front Street, Suite 206, Rockville Centre, New York, 11570
Strangely, Andrew Cox‘s bio at Long Island law firm Marcote & Associates makes no mention of his time at FXIT/GOPH.
Thirteen months later, in November 2014, we have a new CEO at the company, Igwekali R Emmanuel.
In February 2015, Igwekali moves the company from Stephen Fleming’s offices to Kiev, Ukraine of all places, with all mail going in care of a woman named Olga Sashcenko. Her address: Vasiliy Jukovskiy Str. 3 B2AP38 Kiev 03127 Ukraine.
Only a month later, in March 2015, Igwekali, clearly sick of the commute to Kiev, moves the company back to America, to 23129 Cajalco Road, Perris, CA 92570.
This Perris California address, in an industrial park, is actually the home of a Ben Clymer Body Shop location.
A little over a year later, in April 2016, Erik Klinger comes back as CFO, and a new CEO, Michael Murray, takes the helm. Michael’s father-in-law? Randolph Ben Clymer.
Michael is also involved in a company called Hermes Roll, LLC. Michael’s partner at Hermes? Danny Rittman of BOPT fame. Danny joins GOPH as a board member and CTO.
In August 2016, Michael moves from his father-in-law’s building to a new office, much closer to the beach, in sunny Santa Monica, CA. 2500 Broadway, Suite F125, Santa Monica, CA 90404. Guess what? Another Regus virtual office.
In April 2018 a new CEO appears, Greg Bauer. Greg formerly was the CEO of another public company, Paivis. Paivis was also the home of disbarred attorney Larry Sands, one of the Interclowns at Intercloud (ICLD) written about by both Duff McDonald in the NY Observer (here) and Roddy Boyd at SIRF (here and here), and also involved, through TrustCash, in a major money laundering and bitcoin scandal.
Greg didn’t last too long, and in July 2018 Mansour Khatib became CEO.
Mansour didn’t even last all of July, as he was soon out and Douglas L. Davis took the helm. But for how long?
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