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⚠️ $RILY #Fraud @AlderLaneEggs @AureliusValue @Seawolfcap https://t.co/dxanBixEOq https://t.co/IWyPf7CHVc
Prophecy / $FRG ponzi scammer Brian Kahn needed a letter of support for his "government issues". He wouldn't have "government issues" if he hasn't roped unsuspecting investors into his thieving schemes. Bryant Riley and B Riley $RILY only made it worse by acting as enablers for… https://t.co/nBctFS5rHw
This scheme known as $RILY can end in days.. Its a criminal operation on nothing they say be relied upon including their financials https://t.co/8dIjms7C5X
Recent developments have raised serious allegations regarding the financial dealings of B. Riley Financial Inc. ($RILY) and its involvement in a purported Ponzi scheme linked to Prophecy and FRG. Documents suggest that victims of the alleged scheme were long-time shareholders of FRG, indicating potential fraud orchestrated by the company. Reports indicate that Bryant Riley, the CEO of B. Riley, engaged in undisclosed backroom dealings with Brian Kahn, a key figure in the alleged fraud. Furthermore, claims have emerged from Prophecy victims asserting they have imminent legal actions against B. Riley. In October, Kahn and attorneys from Willkie reportedly sought support letters from Prophecy victims to assist with Kahn's legal troubles and to avert a bankruptcy for FRG. Critics have labeled the operations of B. Riley as a criminal enterprise, asserting that their financial statements cannot be trusted.
