This review is concerning the fraud of Michael I. Katchy, Power Interests, Inc, Houston, TX. Mr. Katchy and his son, Michael, Junior also have incorporated entities such as Audax Logistics, Kas Resources, Inc. ,TMG Industries, Inc. Grandmiere & Associates, LLC., Grandmiere Construction LLC, Fast Track ABA Center LLC.
Initally, I had agreed to purchase a Bank Comfort Letter from a "Tony Hulk,", ([email protected]). My subsequent investigations indicate that "Mr. Hulk" who was purportedly a business agent located in London, UK is actually Michael Ike Katchy. This BCL was to be issued by TD Bank. "Mr. Hulk's" intermediary for this transaction was a Robert Rachella of Avenger Resources, LLC. A Canadian passport purportedly issued to Robert Rachella was forwarded to me for my review. Once this BCL was verified, the funds that were placed in an escrow account adminstered by a purported Houston, attorney, Alfred R. Valdez . There was an agreement formed with the purported Alfred R. Valdez which was notarized. This notary was subsequently discovered to be fraudulent. The funds were wired to Mr. Valdez's purported IOLTA account with Power Interests, Inc. secured at Chase Bank.
I had verified the BCL purportedly with Stephen Barr, a TD Bank executive Vice President. It was later discovered that the email address which was purportedly from TD Bank was a spoof. Once the aforementioned BCL is issued , it would be used to secure a Bank Guarantee/ Standby Letter of Credit. This prime bank instrument was to be issued by an associate of "Mr. Hulk", Giusepe Massella of Kiesa& Associates based in the United Kingdom. Mr. Massella purportedly issued from HSBC. I had undertaken a prospective business transaction to purchase a prime bank instument (Bank Guarantee/Standby Letter of Credit) from Kiesa Financial Services with Giuseppe Massella, Principal. This instrument was to be issued by HSBC.
As the inital transaction appeared to be succesful, I proceeded to move forward with Misters Hulk and Masella. We had formed an agreement where funds would be placed in an IOLTA Escrow Account to be adminstered by Alfred R. Valdez. These funds were wired to Power Interests, Inc. on behalf of Alfred R. Valdez. An additional agreement for the monetization of the instrument was formed with Fung Yiu
The prime bank instruments were purportedly initated . There was deviations from our Agreements which had becme an established pattern by this juncture. However, at this juncture, I will focus on the core details of the fraud. The documents for the transaction once the state and federal charges are proceeding will be placed on this site. These documents will include the Agreements, emails, phone calls, etc.
The prime bank instrument was issued by HSBC and their banker, Roger Lansdowne. It was initally confirmed by Fung Yiu's banker with Standard Chartered Bank in Hong Kong. The monetization was to be concluded within seven (7) business days. This was in mid-February of 2020. After a delay in this arrangement, I received an email from the purported Fung Yiu . It statedhis associate had contracted COVID-19 which was coming to international attention at that time.
However, I was also receiving demand notices for payment from Mr. Masella. I then began efforts to independently monetize this instrument. An additional monetizer was secured who attempted to perform his due diligence on the instrument. The instrument was determined by HSBC to be fraudulent. The "banker", Roger Lansdowne was a fraud. He was not an officer or employee of HSBC.
I then contacted Mr. Valdez at his office in Houston, Texas. It was discovered that he had been a victim of identity theft from Power Interests, Inc./ Michael Katchy. I contacted Mr. Katchy who had initally stated that he was a partner of Alfred R. Valdez . He even placed a conference call with a "Patrick Fortier" who claimed to be a law partner of Mr. Valdez. When that could not be confirmed, he claimed to be a business partner of Mr. Valdez. "Mr. Fortier" who had a British/Irish accent sounded strikingly familar to that of of "Stephen Barr." There were recordings of those conversations which will also be placed on here as the legal action commences.
When I confronted Michael Katchy, he responded with "you don't know everything." A true con artist. I then informed Misters Katchy and Fortier of my intentions to pursue my legal actions with the FBI. They pleaded with me to reconsider. I then received an email from "Tony Hulk" who stated that this was all a fraud and that Robert Rachella, Giuseppe Masella, Alfred Valdez, Fung Yiu were identities fraudulently assumed by him. He stated that he was in Nigeria, not the United Kingdom. Our technical analusis indicates that all of the emails were from US IP addresses. He pleaded for a "pardon" and promised to pay me $2,000,000 USD to not pursue criminal actions against him. Obviously, I rejected this offer. I began the process of reporting the wire transfers as Suspicious Activity Reports with the US Department of Treasury. However, within days, the US was under lockdowns related to COVID-19. This delayed reporting to the FBI. I had received a fractional amount from Michael Katchy, who purported the funds were from Nigeria.
Michael Katchy and I even had a subsequent conversation where he assured that he was not "going to run as he had nothing to hide." Michael Katchy subsequently sold his home in Houston, Texas. It became apparent in the investigation that "Tony Hulk" is actually Michael Katchy. There were subsequent pleas and "promises" of "restitution" . This never materialized. Michael Katchy even had the audacity to submit another BG/ SBLC provider, a Karel T. Gunter and his underwriter, Dino Martino. It could not be confirmed that Misters Gunter/Martino had any legitimate relationships with any prime providers such as Barclays, HSBC. etc.
This has been reported to the FBI. This has been a ardous process. This certainly sounds bizarre, but, every point referenced is supported by documentation. Please be careful and cautious of any commercail relationship with Michael Katchy or any of the entitities referenced here.
Grandmiere & Associates Reviews
This review is concerning the fraud of Michael I. Katchy, Power Interests, Inc, Houston, TX. Mr. Katchy and his son, Michael, Junior also have incorporated entities such as Audax Logistics, Kas Resources, Inc. ,TMG Industries, Inc. Grandmiere & Associates, LLC., Grandmiere Construction LLC, Fast Track ABA Center LLC.
Initally, I had agreed to purchase a Bank Comfort Letter from a "Tony Hulk,", ([email protected]). My subsequent investigations indicate that "Mr. Hulk" who was purportedly a business agent located in London, UK is actually Michael Ike Katchy. This BCL was to be issued by TD Bank. "Mr. Hulk's" intermediary for this transaction was a Robert Rachella of Avenger Resources, LLC. A Canadian passport purportedly issued to Robert Rachella was forwarded to me for my review. Once this BCL was verified, the funds that were placed in an escrow account adminstered by a purported Houston, attorney, Alfred R. Valdez . There was an agreement formed with the purported Alfred R. Valdez which was notarized. This notary was subsequently discovered to be fraudulent. The funds were wired to Mr. Valdez's purported IOLTA account with Power Interests, Inc. secured at Chase Bank.
I had verified the BCL purportedly with Stephen Barr, a TD Bank executive Vice President. It was later discovered that the email address which was purportedly from TD Bank was a spoof. Once the aforementioned BCL is issued , it would be used to secure a Bank Guarantee/ Standby Letter of Credit. This prime bank instrument was to be issued by an associate of "Mr. Hulk", Giusepe Massella of Kiesa& Associates based in the United Kingdom. Mr. Massella purportedly issued from HSBC. I had undertaken a prospective business transaction to purchase a prime bank instument (Bank Guarantee/Standby Letter of Credit) from Kiesa Financial Services with Giuseppe Massella, Principal. This instrument was to be issued by HSBC.
As the inital transaction appeared to be succesful, I proceeded to move forward with Misters Hulk and Masella. We had formed an agreement where funds would be placed in an IOLTA Escrow Account to be adminstered by Alfred R. Valdez. These funds were wired to Power Interests, Inc. on behalf of Alfred R. Valdez. An additional agreement for the monetization of the instrument was formed with Fung Yiu
The prime bank instruments were purportedly initated . There was deviations from our Agreements which had becme an established pattern by this juncture. However, at this juncture, I will focus on the core details of the fraud. The documents for the transaction once the state and federal charges are proceeding will be placed on this site. These documents will include the Agreements, emails, phone calls, etc.
The prime bank instrument was issued by HSBC and their banker, Roger Lansdowne. It was initally confirmed by Fung Yiu's banker with Standard Chartered Bank in Hong Kong. The monetization was to be concluded within seven (7) business days. This was in mid-February of 2020. After a delay in this arrangement, I received an email from the purported Fung Yiu . It statedhis associate had contracted COVID-19 which was coming to international attention at that time.
However, I was also receiving demand notices for payment from Mr. Masella. I then began efforts to independently monetize this instrument. An additional monetizer was secured who attempted to perform his due diligence on the instrument. The instrument was determined by HSBC to be fraudulent. The "banker", Roger Lansdowne was a fraud. He was not an officer or employee of HSBC.
I then contacted Mr. Valdez at his office in Houston, Texas. It was discovered that he had been a victim of identity theft from Power Interests, Inc./ Michael Katchy. I contacted Mr. Katchy who had initally stated that he was a partner of Alfred R. Valdez . He even placed a conference call with a "Patrick Fortier" who claimed to be a law partner of Mr. Valdez. When that could not be confirmed, he claimed to be a business partner of Mr. Valdez. "Mr. Fortier" who had a British/Irish accent sounded strikingly familar to that of of "Stephen Barr." There were recordings of those conversations which will also be placed on here as the legal action commences.
When I confronted Michael Katchy, he responded with "you don't know everything." A true con artist. I then informed Misters Katchy and Fortier of my intentions to pursue my legal actions with the FBI. They pleaded with me to reconsider. I then received an email from "Tony Hulk" who stated that this was all a fraud and that Robert Rachella, Giuseppe Masella, Alfred Valdez, Fung Yiu were identities fraudulently assumed by him. He stated that he was in Nigeria, not the United Kingdom. Our technical analusis indicates that all of the emails were from US IP addresses. He pleaded for a "pardon" and promised to pay me $2,000,000 USD to not pursue criminal actions against him. Obviously, I rejected this offer. I began the process of reporting the wire transfers as Suspicious Activity Reports with the US Department of Treasury. However, within days, the US was under lockdowns related to COVID-19. This delayed reporting to the FBI. I had received a fractional amount from Michael Katchy, who purported the funds were from Nigeria.
Michael Katchy and I even had a subsequent conversation where he assured that he was not "going to run as he had nothing to hide." Michael Katchy subsequently sold his home in Houston, Texas. It became apparent in the investigation that "Tony Hulk" is actually Michael Katchy. There were subsequent pleas and "promises" of "restitution" . This never materialized. Michael Katchy even had the audacity to submit another BG/ SBLC provider, a Karel T. Gunter and his underwriter, Dino Martino. It could not be confirmed that Misters Gunter/Martino had any legitimate relationships with any prime providers such as Barclays, HSBC. etc.
This has been reported to the FBI. This has been a ardous process. This certainly sounds bizarre, but, every point referenced is supported by documentation. Please be careful and cautious of any commercail relationship with Michael Katchy or any of the entitities referenced here.