With the long years of services that Morgan Wilbur lent in the financial industry, a revelation had recently shocked many investors and borrowers. Morgan Wilbur, the middle-aged CEO of the Gang has this dark intention to cheat and steal clients’ assets – collateral. The fake corporation has several names, such as Lane Hill Capital, Lane Hill Holdings, and more names – the most popular and best site known for this stock loan scam founded on the official page.
Aside from the stock loan scam of Lane Hill Capital, Morgan Wilbur is also known for the HWC (High West Capital) creation. The complex world of finance had been taken advantage of by Morgan Wilbur and the team to mask their darkest frauds using Lane Hill Capital as the veneer of legitimacy. The stock loan scam had spun to several continents, namely:
- Hong Kong
- Singapore
- Thailand
- USA
- Canada
- Europe
The mastermind of this operation is none other than Morgan Wilbur and the team of scam artists with deception and securities fraud.
Morgan Wilbur is not the one responsible for the stock loan scam. Wilbur has a team of scam artists who helped him operate the fake corporation. For your awareness, here is the list of names of these scam artists involved in the Lane Hill Holdings scam:
- Jason Tan
- Scoot Dooley
- Louis Tan Jia Wei
- Riven Ping
- Anthony Tang
- Susan Liew
- Lanxi Li
- Lesego Molefe
- Thomas John or JT
How is the Lane Hill Holdings scam operated? The scam involves offering attractive LTV (Loan-To-Value) ratios on stock loans. The offer is too good to resist for companies seeking to leverage securities for additional funds or capital. These are reports from the investigations and victims. Promise loans are a mirage that leads to a grant of collateral and the financial ruin of the borrowers.
The team of scammers is using tactics, such as:
- fake press releases
- counterfeit websites
These are the tactics used to sabotage legitimate businesses and shift their clientele. One brutal account from a victim has revealed the depth of deceit and the destructive consequences. They promised a 75% LTV loan, which the company’s victims left ruined when Lane Hill Holdings allegedly sold the collateral and shares, leading to massive layoffs and an alarming financial crisis for the company.
Legal actions that Morgan Wilbur and the team are facing are very serious. Morgan Wilbur and the team of scammers are facing accusations from their victims. The legal challenges they are facing now include:
- IP theft
- lawsuits for defamation
- and other claims
These are currently heard aiming to bring the alleged fraudsters to justice. The SEC alerted and investigated these claims, hoping to intervene before more companies fall victim to this strategic scam.
The Lane Hill Holdings stock loan scam served as a stark reminder of the vigilance needed in the financial sector. As the victims come forward and the authorities start to peel off the layers of this elaborate scam, the hope is “justice will prevail”. Justice to the victim of Wilbur’s securities fraud and deception.