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CB Investment Services Wefunder Tribel offering, wefunder policy and fraud
Wefunder

Wefunder review: Tribel offering, wefunder policy and fraud

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I put in an SEC whistleblower tip a couple months ago against Tribel's founder, because I have evidence of fraud and wrongdoing on his part regarding a recent crowdfunding campaign where he lied about his current staff by using pictures of old staff (including myself) who left on bad terms during his last social media project. You may be aware that the aforementioned first site, Liker, closed under mysterious and contested circumstances. I've been begging Wefunder to do something about it. But they seem to be covering up their own lack of supervision and possible collusion by deleting my account to wipe my posted evidence from this crowdfunding campaign. [ https://wefunder.com/tribel ] I even found that the links to the evidence in this question/comment were broken three different times and I had to replace them with tinyurl links. I'm a Wefunder investor in another company, Legion M. And I know that reporting this could risk my own portfolio's worth. However, it is a matter of public interest. So far, I've disclosed to Wefunder and the authorities through various reporting portals that Likeopedia LLC has a history of--

1) Defrauding end users and possibly investors in their first social media upstart Liker by paying staff (including myself) to essentially catfish users with fake accounts. This includes the use of a bot called SIMBA to assign inorganic engagement to posts.

2) Hiding lawsuits from collaborators and employees, including a Freelance Isn't Free Act lawsuit which is currently open in NY. (Frisch V. Likeopedia LLC)

3) Refusing to report CSAM and KKK propaganda posts on Liker to the authorities while ordering employees to simply delete the evidence.

4) Evading questions about data mining on Liker's reboot project, Tribel

5) Again, most glaringly-- blatantly lying and misrepresenting their current personnel to Tribel investors by using the pictures and names of people who left Liker on bad terms, including myself and two women who sued the company for sexual harassment. They quietly removed the graphic after weeks of outcry from me without correcting the record. I also just found hosted on the SEC EDGAR portal a pitch document that clearly illustrates the fraudulent misrepresentation of myself and multiple people that I know from Liker as Tribel staff. https://www.sec.gov/Archives/edgar/data/1994588/000167025423000893/document_2.pdf Wefunder is directly complicit in this, which is why I've gone to FINRA about them.

The final straw was when I noticed a discrepancy between the fact that they announced raising $2.8 million in a November 3rd post [ https://wefunder.com/updates/168329-final-14-hours-to-join-trible-don-t-miss-out ], only to let the official SEC accounting [ https://www.sec.gov/Archives/edgar/data/1994588/000167025424000068/xslC_X01/primary_doc.xml ] and final public tally reflect half of that. Calling this out is what got my account unfairly and unceremoniously deleted by Wefunder. They have now responded to my complaints across various reporting agencies with the same copied/pasted verbiage six (6) separate times.

>>>

"Hi Chris,

Thank you for contacting us. As you can see, the raise you mentioned was completed and concluded in November 2023 and is no longer active. Currently, we do not have any plans to host another raise with this company in the future. It is worth noting that your initial communication expressing concern was received on January 17, 2024, which was well after the raise had already been finalized.

Mark "Merc" Mercer

Head of Investor Sucess

Wefunder"

Claimed loss: Up to $3MM has been raised under false pretenses that Wefunder refuses to amend with the truth. At least $1.4 MM is unaccounted for with the SEC based on the Form C-U filing for Tribel. This sounds like possible embezzlement.

Desired outcome: Wefunder needs to make the necessary disclosure to its customer base and self-report to the authorities.

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    Oct 25, 2024
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