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We are publishing this for all future investors and purchaser of tokens with Direct Crypt and its founder, David DiStefano of Miami, Florida.
Direct Crypt was registered as a limited liability corporation in Wyoming on February 27, 2018. The corporate address used was DiStefano's residence 892 Gallery Course Dr, Las Vegas, NV 89148. Upon attempts to serve DiStefano a civil suit at this address it was discovered by Court records that he was evicted from the property due to non-payment of rent.
Direct Crypt utilized 303 Tisch Way, 110 West Plaza West, San Jose, California 95128, which is a virtual office purchased online. DiStefano uses this technique so potential investors would believe his operation has an actual office. DiStefano received $100, 000 from an investor to be utilized in the initial development of cost incurred for the platform. DiStefano misappropriated these funds for his own personal finances in lieu of paying for services in the development of the website and block chain technology. DiStefano defaulted in payments owed, defrauded equity holders, and moved Direct Crypt's operation to Miami, Florida.
DiStefano is now using 78 SW 7th Street, Suite 500, Miami, Florida 33130 again to mislead potential investors that Direct Crypt has a physical office. DiStefano utilizes the same technique with Direct Crypt's phone, which is a Non-Fixed VoIP, which is a disposable Internet created number that can be associated with any address.
It states on Direct Crypt's website ‘DiStefano is an accomplished entrepreneur who has founded, capitalized, and managed several successful companies and currently sits on several boards.' Our investigation discovered that those statements are inaccurate and not factual.
The facts are DiStefano has a poor credit rating, various court proceedings, evictions, owns no real estate, merchant account closures, failed businesses, removed from management positions, and opens shell corporations.
Wonder how many are going to lose everything if this is true?
Another company that uses cryptocurrencies to steal money from naive investors. If you invested with them demand return of your money and file a police report.
This thread is alive and well!
Please make a written report of your experiences and turn in to the proper authorities.
It must be documented in full detail.
You are NOT alone! Please remember that ...we understand the weight of what you suffered and are here for you.
Justice Will Win!
I am friends with one of the founders and I have seen video of their offices in Florida. Can someone explain?
Anyone can rent a desk by visiting the domain 'wework' and you can verify the actual tenant for 78 SW 7th Street, Suite 500, Miami, FL 33130 by visiting the domain 'brickellcitycentre'. If there is a video of the location it's of the actual tenant 'wework' property who sells desk space month-to-month. If you visit those two websites you can validate the information provided is factual.
Tell your friends the founders are scam artist! Sent money and not heard from anyone and calls aren't being returned. I have no doubts it's a scam, have no doubts my money is gone and this is a genuine and flat scam.
Few years ago, we withdrew money from our savings and loaned him a significant amount of money. He never paid us back one dollar and my husband was forced to work a second job. Don't get scammed like my husband and I have by this man.
It sure looks like you have been scammed. File a police report so others don't get financially hurt.
David used the 100, 000 he took from his client to buy his young girlfriend a mercedz,
Sandy, thank you for being courageous and posting your experiences. We know the weight of what you suffered with him is more than anyone should have to bear. We ask that you provide specific details of this in your own written account and also seek legal representation if at all possbile. If you know names, or whereabouts of the others he has wronged, PLEASE inform them of this site, and ENCOURAGE them to link up with the rest of us so that we can see JUSTICE through to the end.
Xbloc llc david has just opened out of miami .be aware investors
Thanks for the heads up. Did you invest with Direct Crypt?
No bob i know some people that did and also no how he stoled 100000 from a client in vegsd.and used the monet to purchase a mercedz for his girlfriend.i just hope the fbi catches this crook soon .these poor people investing thete life savings and he takes in live in high life.did you invest with them
Bob, you must be stupid! Any one reading your comment can tell you have a first grade education. If you are going to post something at least come across like you have a brain. It was mentioned you didn't invest with DiStefano so what's your issue with him? Seems like you are just trying to destroy him for no reason!
I know alot people personally that have invested in dieect crypt do dont call me stupid.how would you like for someone you know retired and trusted this man .and he took the money and invested 8n his life.now theyhave to go back to work.so personally if you dont know what really is going on keep your coments to your self .
We invested with David this past October. He ask us to take our money he borrowed and invest into Xblok. Now we are feeling he mislead as that company isn't up and running. We plan on making a report with the news media in Miami and file a report with the police. Enough is enough!
Dear friend,
Do Not Neglect to Turn in Documented Proof by means of police reports, statements, SEC filings and phone calls to your State Attorneys Office etc.
All evidence is pertinent as we are closing in on his fraudulent business activity. If you have not done so yet, Now Is The Time.
Please stay active here and on social media as you will not get notice of justice you seek so desperately if you are not plugged in. We are on your side and all those that were taken advantage of, and we are close to exposing his lies so all the puzzle can come together.
Remain steady.
Remain plugged in.
Remain Positive!
Are you Morgan, Billy?
Hi is this real?
You sound like his lisping, jealous, child of an girlfriend he publicly humiliated by dumping publicly on social media hahahahahahah
I really hope you get your money back .as will as the other vicims.theres always a reason a company changes name in short period of time.
He stole money from me and i havent received anything but sad stories. Heard he has done this with his companies distefano holdings, direct crypt, xblok. Wonder how many people actually agve him money.
Jeff we understand how frustrating it was/is to have been a victim. Criminals do not get away with it and he is watching his back and tossing in his sleep you can count on that. Please take records of your experiences, in your own written words to a legal representative. He has started new business under fake name David Cazzuto and is living near Tampa. Trust that Justice Always Wins. Please do not give up.
David DiStefano needs to be in jail for many reasons. He is a professional con artist and pathological liar. He traveled to Switzerland for Direct Crypt with his cheap girlfriend Morgan Poulsan on investors money. (Her implants came from investors money as well a few years ago.)
Laire Lightner and her husband confounded Direct Crypt with him. She underhandedly left the company without telling those who she suckered in to investing into the company. She knew David had prior issues with people but she still advertised and supported David. She needs to be investigated as well! Robert Macpherson ended up scamming people as well. David brought him in. David is now involved in a new company and I assume he is taking advantage of them since he is a poor excuse of a man who can’t work an honest living. Stay far away from these people. Get the media involved!
David DiStefano, Morgan Poulsan, Laire Lightner, David Lightner: ALL need to be investigated!
She waited her whole life to introduce investors into a scam.. smh
They traveled to Switzerland on investors money.. David misappropriated investors money. Rob MacPherson has bank records. He knows the story. He is aware that David is a fraud yet Rob chose to take advantage of those same people. He needs to be behind bars as well.
Thank you for being brave and posting this. Has Rob MacPherson contacted the SEC, State Attorney or attempted to hire legal representation for the misappropriation of investment funds? If not, we urge him to do so. We also urge you to do the same and keep in touch.
Masterminds of cheating people out of money. Laire said Direct Crypt was 100% legit but yet no one has been paid back their money.
Laire and David are starting another company as of 11/24/2021. They have 3, 000+ people on the fish hook waiting to jump on board!
REPORT IT ALL. Thanks for keeping this thread alive - we are hot on his trail so is the SEC and FBI. He had a breakdown and left Morgan just days ago and looks like he is planning to move in with family. He is really running out of options. He reported "Unemployment" to an attorney but is running the Cazzuto Bike biz. He also changed the date that Cazzuto was started to make it appear backdated and in business longer than it factually has been. STAY POSTED.
This is also likely why he left Morgan. David seems to makes moves only for himself to get out the door away from the woman hes drug along, when he is looking at starting something new in hopes of big money for himself and to start over with another, even younger [censored]. Morgan is going to be jealous out of her unstable mind. I hope she does well selling all those rocks on her silly website that David helped her set up under her own name JUST LIKE THE OTHERS IN THE PAST LMAO.
LadyKris Thank you very much for sharing this. Indeed he has now posted a cleaned up profile image of himself with his new "work family" and is posting about his new "job". If you would like to be in touch you are welcome to inbox and message me. On top of this new move of his, and him changing all his profile info along with Cazzuto Bike biz info, Morgan edited her site specifically the COOP 50/50 Donation page with a profoundly emotional backstory. She calls David her husband which we know clearly isnt true. He may have left her, but I don't think she will ever leave Him ahhahahah.
Is this really true?
If you have been a victim either financially, emotionally, or sexually, please know your truth can be helpful.
We understand the weight of what you must be suffering, and encourage you to share with Authorities in your own written account. We also encourage legal representation if at all possible.
Please read thoroughly as this complaint board thread has been alive and well for years and will result in Justice for all that he wronged.
Direct Crypt — david distefano - fraudulent activity
New company - Cazzuto Bike - says he builds High End electric bikes in Tampa / Dunedin, FL.
He can't keep his trail clean if he had a mop and bucket.
All moves are being reported to the State Attorney office, SEC and other proper authorities.
Please do your part to report your own facts and experiences to someone who can legally represent you, if you are unable to represent yourself.
Justice Always Wins!
Not sure who all of these people are who were proudly posing for the camera after taking in hundreds of thousands of dollars.
Just another day at the office. Just another day as an accomplice. Remember folks, her implants were purchased not by her fiancé David but by an investor, unaware of being scammed. I assume her fancy dress and shoes were purchased by investors money as well.
You people are idiots you know nothing about my daughter and people who constantly post on here about her clothes and implants need to get a life. You want to get David go ahead by all means. But stop the petty comments about my child, jealousy can make people so nasty when a beautiful women is involved.
She is no child. Talk of Jealousy, petty comments etc are all distractions. Please "Mrs. Poulsen", simply telling David to handle his business is the solution; not trying to root here on a complaint board for the woman-child lover og his you claim as your daughter. Why get bent over words? Especially knowing how much they lost and were hurt? The real issue is the bad biz David has been running but thats coming to an end. Sidenotes of Miss Morgan willingly and if not forcefully (as we all know her temper) being involved are irrelevant. End point, WE JUST WANT DAVID :)
She has been charmed by him as all of you were, I dont like him and hope he does have to pay for what he has done. My daughter is young and naive. And all of you should know how persuasive he is because look what he has done to everyone, so all I am saying is leave my daughter out of it, anyone who is a mother would feel the same way, so do not think I am taking up for him
I don't even talk to her anymore because of him, my only hope is one day she will open her eyes and see what kind of person he is and her to see that I do love her and would like her back in my life.
Lady, She is not a child. You have your daughter back. Your daughter has implants and lavish trips around the world with other people's money. Why are you here sticking up for her? If you really wanted to help, get off your ego trip and stop telling the process servers you don't know who David is or where David is at! She is not young she is an adult! She is not naive she has to sign consents and agreements. She knew what she was doing acting a fool getting him kicked out of that company that his ex wife started! You are in the wrong side of this in the wrong place. If you really want to help tell David to stand up to the music! Stop letting him hide behind you or else you will be involved like your sweet daughter.
On a side note NO ONE HERE don't cares about you "wanting your daughter back in your life" and your "only hope" etc... We want Justice For Everyone that was on the losing side of him monetarily, so we're not here worried about people's commentary on personality. Get outta here lady - Go visit your daughter's Facebook page "Morgan Brittany knowing thyself through consciousness ". Ha! In fact, she's preaching positivity for the "dark forces" and living a life perfectly fine without you soooooo seems like she is happy scamming alongside her partner too. No one here cares a lick for your rant wanting her back in your life. Either be help or go away with this nonsense about your daughter's hurt feelings.
Melanie, If that's even who you really are. The process servers have been there multiple times. They saw the package there on the doorstep addressed to you. We know he is with you/your family members including your dear daughter aka his accomplice. We know you guys are hiding him out and you are the last hope he has. We know he is out of money and running out of time. If you were smart, you need to be of help or go away... you do not want to be caught up in his mess. Plus if you're so protective of your daughter and want her in your life you need to understand the severity of the situation... these are not high school children that are mad about a petty playground situation. People's entire lifetime of savings their investments their good name has all been tarnished because of him. Even his ex wife too! He has no mercy. You need to backup or put up. We Want David. The papers will be at his feet soon if they aren't already. :)
I am done on this site it is a waste of my time, I would never hide him like I said before, God is the only judge of me and my daughter not you. Hope you get him but hatefulness towards someone you dont even is bad for the soul. God will be your judge also.
No hatefulness just honesty here a. And you have ZERO business here rooting for your daughter the accomplice to a con artist! Don't get butt hurt Melanie. It's honest and Blunt we do not have sympathy for you miss poulsen or whoever you are. Help or get out. Sounds like you take it personal and think we are hateful. We don't need to know you miss. We are not here to judge you or your daughter it's the sin not the sinner. We are hurt not hateful. That is your ego taking it personal and wishing God to come teach us something; now talk about hate. Your daughter is accomplice. We want David. End of story. Oh, and we aren't really convinced that you aren't Morgan herself or some other accomplice. Why would her mom beyond a complaint board anyway?! Sounds like you are Morgan trying to keep up with the enemies that he has made. We are no fools here. Have a good day.
Hey Mel!
Just checking in :) Morgans Instagram stated that she had the day off work while she was eating off a paper plate- looks like the man you are helping is taking sure good care of the daughter you love so dearly. He reported unemployment recently, so is your dear daughter supporting David now that he is fraudulently collecting unemployment? Oh, yea, and her online videos of "yoga" are Fascinating to say the least - looks like David has her in front of the camera like the other chickies from the past...poor naive girl. You really should get her back home and out of the clutches of him. Well, you have a good evening now. We will be seeing all of you in court once we subpoena records.
Hey Mel!
Just found out he's using your dear daughter Morgan and your family info, whereabouts, etc. for his current shady businesses. All the contacts go back to you/your family/Morgan. Even the addresses prior to locating him and getting him served go back to you/ your family. Oh, poor accomplice is in trouble now too, Morgan got fired from Busch Gardens and needs a civil rights attorney. She is setting up her own "Donations" website. CLASSIC DAVID! They are scrounging at ways to make money and not have to work. Now, we all know when he showed up on the scene you saw dollar signs and thought Morgan had it made - Well here he is singing and dancing all over you and yours. Mel, now's the time to clear the air about your involvement and actually HELP, maybe even get your daughter out of the grips of David, and rid your family the haunting of his lies . He's been reported for Unemployment Fraud as he lied to a State Judge that he was not working and receiving benefits, yet he's running that Bike business under the guise of that DJ Cazzuto they like to party with.
Dozens of people have already submitted case files to SEC, emails, phone calls to State Attorneys, etc and we have no doubt this is already raising red flags after so many coming forward.
Do the Right Thing. Be actively helpful. Association is key and if you wanted your daughter back, her association with a mastermind scam artist must come to a halt. It may have not been you to misuse and misguide everyone like David and Morgan did, but the least you can do is repay by standing on the right side for truth.
New activity! major update:
David left morgan just before the thanksgiving holiday.
David left her just before he got back into biz with laire lightner - that's right folks another bogus start up!
Hey Mel! Looks like David left your dear child just before the Thanksgiving Holiday. Hope you can help her out. She's got braids now and is really off the deep end about so called spiritual life, you likely won't recognize her.
David lives in tampa now with her dad. which is free government housing. he is working on a credit card scam for restaurants. also they stayed with morgans mother for 6 months. not paying a dime the whole time. but was able to constantly by marijuana. I hope everybody gets togethet and takes this scam artist moocher off the streets
David is obtaining ppp loans in amount of 50.000 now hes in tampa .he is a con artist that needs to go down
Do your part in the justice league against david distefano:
Please stay connected here & encourage others with similar experiences to do the same!
Please post experiences and pertinent information.
Stay confident! this crook will be caught.. soon!
Announcements about the catching of this crook will be posted soon!
Hopefully they are getting closer to catching this guy.he has a apartment in tampa.hes steady scamming on the ppp loan
Bob stay tuned and be sure to gather all of your docs and proof. David has left Morgan and is not entering back into business with Laire Lightner.
We are looking for ANY AND EVERY DETAIL POSSIBLE if you have been SCAMMED OR HAD MONIES MISAPPROPRIATED BY DAVID M. DISTEFANO.
PLEASE Continue to post your comments here and stay tuned to social media as there will be other avenues utilized to obtain information.
We know he has scammed hundreds, if not thousands of innocent people including savvy business investors who trusted him.
Secondarily, if you have information on sexual coercion or misconduct by Mr. DiStefano, or if you believe you were groomed into modeling, photo opps, video, online camming, or multiple partner sexual encounters by Mr. DiStefano We Want To Hear It! You Are Not Alone!
Justice Will Be Served. Your communication is Imperative - Do Not Give Up Hope.
How can I help you find them? I'm new here and need help
Please share with us why you want to help here TruthTeller813 (Tampa).
UPDATE TO ALL:
All Information regarding Investments, fraudulent holdings companies, MFR Stat, General investments, Direct Crypt / Crypto Currency investments, Shell corporation investments, Direct Cellars or associated companies, accomplices involved/forced or otherwise MUST be reported, in written detail, by email through each Agency site such as SEC, FBI, and your State Attorney.
Any Information pertaining to forced sexually deviant behavior must be reported to Brown Rudnick LLP in written detail by email.
We are gaining on him FAST! Please continue contacting and submitting every ounce of details to the SEC, Trade Commission, BBB, and any State Authority that is applicable to your case with David DiStefano. Individuals, Couples, Investors, etc are all coming forward and the chips are staking up against him. SHARE THIS WEBSITE AND ALL COMMENTS. Do Not Give Up! The GoFundMe Schemes they are trying are failing- he and his accomplice Morgan are failing on social media attempts at getting "donations". There WILL BE JUSTICE FOR ALL THAT WERE WRONGED BY HIM/THEM. Share with others that feel defeated; Do Not Give Up..The case against him is unavoidable and it's only a matter of time. We stand beside anyone who was misled, convinced and wrongly used by David DiStefano and his counterparts.