This website is dedicated to making the public aware of Michael Todd Osborn aka Michael Osborn Ison. In the past, Osborn has performed cons under the guise of Commissum Universes, LP; Principal Capital Group, Inc., Legacy Capital Group, Inc,,,,,, and Currently, he runs his confidence schemes under Commify Technology Corp. Here, you will enter the world of this confidence man and gain insight into his scams. Hopefully, some of Osborn's future targets will benefit from the experience of others.

Harold Gregg, Virgil Williams, Corey Engelen, Jehu Hand, Aniko Kaye, Anthony Hruska, Michael Porter, Christopher Laursen, Clinton Greyling, Thomas Parilla, Alexandre Scheer

SCAMS MICHAEL HAS PARTICIPATED IN:, Fortitude Group, Inc. (FRTD), ThePumpTracker Fund, Victory Capital Holdings Corporation, Principal Capital Group, Inc., Virtual Gaming Enterprises, Commissum Universes, LP, Las Vegas Airlines

MICHAEL'S CURRENT SCAMS : Commify Technology Corp., Genesis Gives, VW Win Century, Inc. (OTC Pink: VWIN), Star Alliance International Corp. (OTC Pink: STAL), Inbit Corp. (OTC Pink: INBT)

KNOWN ALIASES: Jerry Lambert, Michael Lamont, Tom Furlong

Tuesday, December 5, 2017

Don't Walk Away, Shenae

Well Shenae Osborn has screwed over another landlord/innkeeper.  This will be the third instance reported to me since Michael went to prison exactly one year ago (although I am sure there are many more) and the 11th I've heard of since the Osborns fled their trail of landlord and innkeeper fraud in Los Angeles several years ago for the then virgin territories of the greater NYC area.

Yesterday, I received emails and then phone calls from a pair of upset men who had recently come to the realization that they had been taken for a ride by Shenae.  Michael's wife and partner-in-crime has been dragging her three boys across New York and Pennsylvania for the past year.  On September 1st, Shenae had taken hold of a condominium she had found, courtesy of AirBnB, at 305 West 50th #11E in New York.  She paid the rent of over $4,000/month for the first two months, but since November 1st has stiffed the boys for payment.  They came to realize their predicament once they found this blog and the recitations of excuses for which the Osborns have become famous.  Apparently, Shenae has learned well, as she fed her newest victims the very same "the dog ate my homework" type lines Mike has been spewing to his marks over the years, and which I've listed ad nauseum in previous posts.

Shenae's latest address was set after she fled/screwed the posh Symphony Towers at over $12,000/month for the comforts of Mossic, Pennsylvania to be near Michael's then home, Caanan Penitentiary. After he was transferred back to Brooklyn MDC, for reasons unclear to me, Shenae headed back to the Big Apple, presumably to be nearer to him.

Michael's current billeting is confusing, as Brooklyn MDC is generally a holding facility for those awaiting trial or disposition of their case.  It is not generally intended for permanent housing.  It is possible that Mike is about to face further music or is a witness in another case, but who knows?

Anyway, back to Shenae. The current condo she is squatting on is owned by the aforementioned gentlemen who are of Jewish Moroccan background.  In order to get into their good graces, Shenae feigned being a member of the tribe (Jewish). She even went as far as to hang a Mezuzah outside of her front door. In reality, she is very Catholic and she hates Jews.

When confronted by her landlords about this blog, Shenae of course claimed to be terrified of me and that I was the scourge of her life.  Funny, since she continues to claim that she has never met me--she has--why would she be terrified of me?  I am harmless with the exception that I report her crimes.

The duped landlords came to me for advice and I suggested they contact an attorney and begin an Unlawful Detainer action to get her out of the condo.  It is my belief that process is now underway, so Shenae has a limited time to seek out her next victim. Hopefully, the boys will see the court action through to its conclusion, even though Shenae is likely to flee before the Sheriff shows up at her door, in order that the eviction order appears on her credit report, thus severely limiting her ability to steal accommodations from anybody else.  Certainly AirBnb, which has reportedly offered to help these gentlemen, will no longer be offering aid and comfort to Shenae.

I suppose that this post will encourage Shenae to resume her own maniacal posting on her own blog in which I am once again blamed for all of the troubles in her life.  Note to Shenae:  Hey baby, I only report 'em. You conduct the crimes of your own volition.  Maybe you should go to confession.

Her blog posts are also laughable in that she feels that in spite of stealing millions from victims over the years, guys like Mike shouldn't be in prison, but confined to home so that they can continue to provide for their family.  Yeah, I guess Shenae misses the lifestyle Mike was able to provide with his schemes and she feels that he should be free to continue them within the confines of his comfy stolen habitat. She is obviously not as good at stealing as he is.

Oh and Shenae, please wish Michael a belated happy one year anniversary in prison.  Only 4 1/2 years to go.

Monday, August 21, 2017

Osborns and Virgil Williams Ordered to Disgorge $438K and pay $160K in fines each for Scam

A judgment was entered against Michael Todd Osborn, Shenae Catherine Osborn and Virgil Williams today for their execution of the scheme. They were ordered to jointly reimburse profits of $438,016.82 that were realized by their theft of investors' funds through the phony scheme.  They were also ordered to pay fines of $160,000 each.

I sincerely doubt that the SEC will collect a dime of this money, even after Michael gets out of prison and resumes his thieving ways.  In the meantime, Shenae continues to live the high life, courtesy of the funds that were absconded.

Click here to view the Judgment order.

Friday, April 14, 2017

Shenae's New Scheme

As you can imagine, I'm always interested in what Shenae is up to since her money machine, Michael became a guest of the federal government.  FYI, he has now been moved to Caanan Penitentiary in Pennsylvania and is scheduled to be released in June 2022.

In the meantime, Shenae is living comfortably off the money she and Michael managed to steal in the VIP Wall Street/Aged Debt scheme for which they are now being sued by the SEC. Shenae's answer to the lawsuit was due on April 5th, but no answer appears on the Pacer service as of today.  This comes as no surprise to me.  She is likely to ignore the lawsuit.

Shenae and the kids have taken up residence in the Symphony Towers at 235 W 56th St New York, NY 10019. For the safety of the kids, I won't post the unit number, but those of you who have any interest for legal purposes may contact me for that information.  I have informed Symphony Towers management that they have an embezzler in their building, just in case she comes up with the standard Osborn excuses for not paying rent.  I've also informed them that she and Michael have committed multiple instance of innkeeper fraud and ripped off several landlords in New York and Los Angeles.

The other day, I came across the smartphone app "KidsEat4FreeN.Y."

After a little bit of research I was able to confirm that the app is owned by a very fresh New York corporation, Kids Media Corp. which is owned by Shenae.

Shenae has created a video advertisement which she claimed appears on the website, and she uploaded to YouTube.  As soon as I commented on her criminal past, she removed the video from YouTube.  In the meantime, I have warned about the tendency of Shenae's enterprises to be fraudulent. I am also in the process of warning all the restaurants that appear on the app.

Sunday, March 12, 2017

SEC Files New Litigation Against Michael Osborn, Shenae Osborn and Virgil Williams for the Scam

Much as I had previously predicted, on March 9th, civil charges were announced by the SEC against VIPWallSt, Inc., Michael Todd Osborn, Shenae Catherine Osborn and Virgil Gene Williams for ripping off dupes for over $400K under the scheme.  VIPWallSt, a Delaware corporation created by Michael, was the purported owner of the website. Shenae was the CEO of VIPWallSt. and had sole control over its financial accounts.

While criminal indictments have not yet been revealed, I have reason to believe that they exist.

According to the court filed complaint, Michael and Virgil solicited subscribers to their website to become investors in At least seven investors contributed to the scheme. These dupes signed Equity Participation Partnership Agreements under which AgedDebt purported to purchase convertible notes against public companies, convert them to stock and then sell the stock into the market. Profits were to be split 30% - 70% with the Osborns and Williams to receive the lion's share. Shenae signed most of the agreements on behalf of She was also the only signer on the bank account.

As is common for Michael, phony account statements and trade reports were distributed to investors and Mike and Virgil made verbal misrepresentations on the telephone. Mike used the alias "Tom Furlong" when dealing with investors in order to hide from his past crimes and escape this website, Attempts to elude this blog were in vain, as I had already exposed Mike's involvement prior to the unsealing of the indictments in the Commissum Universes scheme.

Shenae in October 2016
Of the over $400,000 that was raised from investors, only $5,000 was used to purchase notes, even though the website listed several transactions.  The rest of the money was pocketed by the crooks. Shenae personally authorized the transactions that enabled the misappropriation of funds.

The Osborns were last reported to be living at a New York hotel at the cost of almost $12,000 per month. Since Michael's incarceration for the Commissum Universes scam, Shenae and the kids have apparently disappeared again.
"Michael Osborn and Shenae Osborn controlled VIP’s financial accounts and knew investor funds were not used to purchase convertible notes or other rights to securities, but were instead used to pay personal and other expenses."
Virgil Williams
During July 2015, the website stated that it had begun returning funds to the investors. It stated, “As of today’s date, we have paid out the largest partners and are now down to 7 partners remaining.” In reality, not a single dime was returned and their were only seven "partners".  The statement was issued in an attempt to temporarily provide comfort to the victims of the scheme and provide false hope that their monies would be returned,

According to the complaint, the Osborns had already spent almost all of the stolen funds.  It seems fantastic that they could have spent more than $400K that quickly, but in the past the Osborns have shown that they have the ability spend money fast. At least $5 million has disappeared in the last 6 years. I would however imagine that a few dollars have been socked away under a mattress somewhere in case of emergencies like Michael's incarceration. The complaint states that Shenae withdrew $250,000 in cash and cashiers checks from the VIPWallSt bank account.

Virgil Williams' take from the scheme was not specified in the complaint, other than to say that he "was compensated".

Michael, who is now imprisoned at the Canaan penitentiary in Pennsylvania, is scheduled to be released on June 22, 2022, but I wouldn't bet on that happening.

Wednesday, December 7, 2016

The Press Reports About Michael's Sentence

Here are a links to yesterday's DOJ announcement of Mike Osborn's sentencing and a few mentions in the press. Enjoy!

US Department of Justice

Denver Post

Channel 9 News

Denver Business Journal

In other news, Michael's constant cohort, Virgil Williams, took down the Genesis Gives website yesterday.  Looks like Virgil won't be giving anything for a while, now that the mastermind has been put to bed.  I do expect Virgil will be serving in the not to distant future, however, if you catch my drift.

Saturday, December 3, 2016

"Worth the price of admission!"
Michael Osborn Begins a 77 Month Prison Sentence

Retrieve the Court's Judgment here.

December 1st was Michael Osborn's day of reckoning and I love Colorado justice. The disdain for Mike dripped from both Prosecutor Linda Kaufman and Judge Christine Arguello. They verbally attacked him in a way I have never seen in California. Right from the word go, it was obvious that the Judge was going to throw the book at him for his masterminding of the Commissum Universes scam in which Mike and co-Defendant Corey Engelen embezzled $695,000 from ten victims who believed that they were investing in funds that did not exist.

Mike received a 77 month sentence, of which 80% must be served in a Federal conviction. When his term is up, he will be subjected to 3 years of supervised release. Mike was also ordered to pay a $100,000 fine, $200 in costs and make restitution in the amount of $695,000. All of these amounts are subject to interest.

Mike made a brief statement to the court, expressing regret for the shame he has brought upon his wife and three sons. He neglected to address his other three children whom he has abandoned.

Public Defender Matthew Belcher, made a laughable statement praising Mike's forthrightness and admission of his crimes and his stated desire to make restitution.  It's difficult to decipher whether Belcher was fulfilling his duty in making a full-throated defense of Osborn, or if he was another person conned by Mike. Likely the latter. Every effort to gain the Judge's favor was rejected.

In pronouncing the sentence the Judge look right at Osborn and said, "Your conduct indicates to me that you're a con man."  She doesn't even know the half of it.

Corey is scheduled to be sentenced in January and is expected to receive about a 24 month term.  Mike's sentence was stiffer because the Judge tagged him for being the "leader", "organizer", "supervisor" of the criminal activity and because he "exercised some degree of control". His California conviction in the Car Max and check fraud case was also considered.

The Judge sustained Osborn's objection to my request to address the court, so I was not permitted to make a statement, but nonetheless the money spent to go to Denver and watch the proceedings was worth the price of admission.

Here are some of my favorite soundbites from the hearing.

"Money was never invested. It was spent as soon as it was received."

"[Osborn] relocated every few weeks"

"Not forthcoming in finances [to probation officer]."

"[Sentencing] guidelines are not strict enough."

"Would have given a stiffer sentence if not for waiver of appellate rights."

"Took extraordinary steps to avoid arrest."

"[Osborn] lied to probation office about residence."

It was evident that Michael's behavior during his release on bond did not impress either the Prosecutor, Judge or probation officer. The Prosecutor outlined Mike's deceptive behavior which violated the conditions of his release. The Osborns moved frequently without informing the probation officer where they were living, until they finally settled into a New York apartment, which they have been renting for the last six months at the astronomical price of $11,735 per month.

Also in violation with the terms of his release, Mike co-mingled his money with Shenae, presenting her bank accounts in finance reports as well as a PayPal account. He also reported having a net worth of $10 million. That really bit him in the ass in the eyes of the Judge who wasn't buying any part of it. Odd that a guy worth so much would have availed himself of the public defender's services to fight for his freedom.

The 77 month sentence included a 10 month discount that was granted in exchange for Michael having waived his right to appeal and because he cooperated with the prosecution of Corey Engelen. Reportedly, he spilled the beans on many people including Attorney Jehu Hand, who is facing his own long prison sentence following a grand jury indictment, in an attempt to curry favor with the prosecution and the court. Nevertheless, the Judge only granted only a portion of the discount the Prosecutor recommended. The Judge was inclined to give Mike the maximum sentence and even made statements suggesting that she would impose a stiffer sentence if she could.

Mike requested that he be released on his bond after sentencing and that he be allowed to surrender to serve his sentence on January 7, 2017. He felt that he would be able to earn enough money by then to make the restitution to his victims. The Judge and Prosecutor were having none of that. They rightly took the position that if Mike really had $10 million in assets, he could have already made restitution. Furthermore, Mike's claimed sources of income were vague. Among the reasons that he was deemed a flight risk was his failure to report his residence to the probation officer as required.  Of particular interest was the revelation that Michael immediately arranged to move his family from the Connecticut home they were renting when he learned that the Feds were coming for him.  He hired a moving company, requesting a same day move, but settled for a next day move.  The mover stored all of the Osborn's possessions and then liquidated them at auction because Michael did not pay the bill (Surprise!). It took several months for the Feds to find Michael, who was deliberately evading arrest. They finally located him at New York's Beacon Hotel, after calling around to hotels close to the proximity of the Wells Fargo branch where he was making periodic deposits to my bank account towards my Judgment. I had informed the IRS agent of the address of that branch.

My relationship with Mike was also key in denying his request for a January 7th surrender. Shenae's short-lived blog was taken down soon after I told Mike that I saw it and that I was about to post proof that Shenae was lying, especially about me.  However, I was able to save a pdf copy of the site and I assume that Prosecutor Kaufman retrieved it from this website which she did access. In the discussion of Mike's request, Kaufman quoted a statement from Shenae's blog, "I can literally pack up a family and all of our belongings in a matter of 20 minutes! Practice makes perfect although I don't recommend it." That didn't give anybody a warm fuzzy feeling about the probability of Mike fulfilling his promise to surrender. Neither did his failure to appear at several court-ordered Judgment Debtor Exams with respect to his debt to me.

Mike's failure to appear at hearings regarding his Car Max arrest and at a criminal case in Nevada for bouncing checks at The Venetian Hotel were also cited in the denial of his request for self-surrender.

Finally the Prosecutor made specific note of the fact that the SEC had already informed Mike that they were going to bring charges for an investment scheme conducted in 2015, and with that looming over his head, he was even more likely to go on the lam.

It is likely that the SEC is referring to the scheme that cost investors millions of dollars last year and which the Michigan office of the FBI is currently investigating.  If this is indeed the chicken that is coming home to roost, then Shenae Osborn, Alexandre Schneer and Virgil Williams should probably be concerned about future knocks at their doors.

Michael is now at Englewood FCI, a minimum security facility that also houses Jared Fogel, the Subway sandwich spokesman serving a long stint instead of footlongs because he enjoys the company of children. Osborn's stay there may be temporary, as he his looking to be closer to Shenae and her kids on the East Coast. He requested that the Judge specifically assign him to Danbury FCI in Connecticut, but the Judge indicated that she wasn't about to do Mike any favors and would leave it to the Bureau of Prisons to decide where he should be housed.

Sunday, November 27, 2016

Government Calls Osborn A Flight Risk

It appears that the prosecutor in Osborn's case for the Commissum Universes scam agrees with me that Michael is indeed a flight risk and that he will not show for his promised January 7th surrender date.

Specifically noted in the opposition papers filed with the court on Friday, is the government's belief that Michael has only complied with the terms of his bail because he had not been facing incarceration at the time. Even then, he was not fully compliant, having obfuscated the source of his income and improperly co-mingling funds with Shenae and maintaining a PayPal account. Of particular interest, is that Michael is reportedly paying $11,000 per month in rent in New York City. This bothers the government who decries the fact that Mike has not reported the source of his income. Of course it all comes from scams.

Within its opposition, the government cites the times Michael has not shown up for judgment debtor exams ordered by the court in relation to his debt to me and for his initial hearing in the Car Max theft case.

The document also describes the transient nature of the Osborns' and even alludes to the rip off of landlords, hardly a new tale. In order to elude arrest, Michael abandoned his family's property, leaving it to be auctioned off by the moving company who provided a last minute move from the Connecticut property the Osborns were renting.  It was not until May that he was arrested at the Beacon Hotel.

Victims of Michael's crimes can take solace in the fact that the government has also recognized that Michael makes empty promises of payment, calling him "a Master at leading his investors, time and time again, to believe that they would soon be paid." Reference is also made to Mike's tendency to pay restitution and judgments with stolen funds.

Of particular interest is the revelation that the SEC is about to charge Michael with securities fraud for an unrelated scheme.  It is my understanding that this is in relation to the PumpTracker/Fortitude Group fraud and not the scheme that the Michigan office of the FBI is investigating.

At any rate, Michael is facing a long stretch in the federal pokey and given the government's stance against his delayed incarceration, it will be interesting to see whether he even shows up on December 1st. I give it a 50-50 chance.

Don't forget to follow my Twitter feed for the play-by-play call and color commentary, live from the sentencing hearing.

Wednesday, November 23, 2016

Osborn to Be Sentenced December 1st and I Will Be There

Well Michael will finally get sentenced for his part in the Commissum Universes scandal, in which he has admitted stealing $645,000. The sentencing hearing will be at 10:00am on December 1st in Denver, Colorado and I already have my plane ticket.  I have informed the Prosecutor that I have a statement to make to the court before the Judge drops the hammer.  In that statement, I will be detailing all of Michael's schemes since CU, including the ones that are ongoing right now.

Within his statement prior to sentencing, Michael is asking the court for leniency, i.e. only 47 months of incarceration followed by 3 years of supervised release.  He is also asking for the relatively comfy confines of Danbury FCI.  He is also asking that he remain free until January 7th so that he can earn the $645,000 restitution and enough money to provide for his family while he is in prison.  Anyone who knows Michael, knows that there is no way that he is going to make a million bucks legitimately. Or 50 cents for that matter. If he gets this money, it will be stolen, he will keep it and I believe he may very well flee. At any rate, I will ask the Judge to have him report the source of the funds with documentation.

I will also argue that he should not receive the relative comforts of Danbury while there are people who have literally lost everything because of his schemes.  I will also recount the admonishment that I gave the court at his CarMax sentencing when I told the Judge that nothing will change with Michael when he gets out.  Indeed, he is a much bigger crook today than he was then.

Within its pre-sentencing memorandum, the prosecution is asking for 70 - 87 months of incarceration. He is likely to receive a number in that range and I am obviously going to push for the higher number. Michael will be required to serve at least 80% of his sentence. I will also point out that the Michigan office of the FBI is currently investigating him for the scam.

I think that there is a good chance that Michael will be an old man when he is released from prison if he gets indicted and convicted for AgedDebt and perhaps the Fortitude Group/PumpTracker scheme while he his serving this sentence.

Watch my Twitter feed for up to the minute reports, live from his sentencing hearing.