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

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.

Monday, October 31, 2016

Corey Engelen's Plea Agreement Looks to Sink Mike

In a plea agreement filed October 13, 2016, Osborn's co-conspirator, Corey Engelen, fully exposes the Commissum Universes scheme.

According to the agreement, which would have had to have been corroborated by the prosecutors, the lion's share of the $695,000 absconded in phony investment schemes went to Osborn. While Engelen did use funds for his personal needs, some monies went towards bailing Mike out of jail (three separate occasions), a Mercedes-Benz, restitution to Steve Eckhert to cover a bad check Mike had written and for which he was facing criminal trial, and to me towards the judgment I still hold against him. Most of the money was spent on Mike and his family's living expenses. It is clear from the agreement that Mike's wife, Shenae Osborn, was well aware of what was going on and was only too happy to use some of the funds herself.

It appears form the agreement that Corey Engelen will receive a sentence of 12 to 18 months. One criminal attorney I spoke with figured that Mike was going to get tagged with a 6 - 12 year prison term.

While all this is going on, the investigation is ongoing and is surely something Mike and his cohorts will have to deal with during Mike's time in the pokey.  I have no indication that Engeen is involved in that scheme, but I would guess that Shenae Osborn, Alexandre Scheer and Virgil Williams have a lot to sweat about.

Speaking of Virgil, I will be interested to see how he continues to defend his long time partner-in-crime on his Genesis Gives website, a phony charity that I have already spoken about at length.

Monday, October 17, 2016

More Lies From the Lying Liars

Over the 14 years I have known Michael Osborn, I have tried to instill in him a truth that he just won't grasp. His former partner, Aniko Kaye was the same way. And of course, past and present partner, Virgil Williams couldn't tell the truth if he knew what "truth" meant. Now it has become obvious that his wife, Brenda Williams, is also complicit in the schemes of Virgil and the Osborns.

A good liar has to have a good memory

Michael absolutely refuses to grasp this notion. He also constantly overlooks the fact that sooner or later I find out everything. That's because the people he screws eventually Google him, find this site and then tell me their story.

The latest lies of Messers. Osborn and Williams comes through the "Genesis Gives" scam that I wrote about earlier. First, I have to point out the comical budget for "the remainder of 2016". "Our G&A for the remainder of 2016 is $1,000,000 which includes payroll, printing, legal, accounting, rent, utilities, insurance and office materials".  The Osborns and the Williams run this scheme from their homes. There is no printing, legal, accounting, rent, utilities, insurance or office materials.  There is only so-called payroll, which is funds skimmed off the top to line the pockets of the four pirates. Of course it's not an issue because nobody is stupid enough to give these crooks a dime, but suffice to say that they admit that they would stuff the first million bucks in their pockets, if they could.

So after I first exposed the Genesis Gives fraud on this blog last August, Virgil posted an August 14 response on Genesis Gives' own blog page. Herein come the lies:

(1) Virgil claimed that, "Shenae Osborn, who until Friday was a Co-Administrator of Genesis has resigned all positions in Genesis because she didn't want unrelated matters in her personal life to affect the positive work Genesis is doing for families impacted by incarceration."

Yeah, no.

In an email to one of the poor dupes who expected all this help from Genesis, Shenae writes, "I resigned fro [sic] my position as I have so many other projects going on but have appointed a great person that will continue to run Genesis Gives so your situation is my last one to finish handling."

Now which one is lying? Virgil who blames Shenae's so-called resignation one me, or Shenae who claims she resigned because she has oh so many projects?

Also note, the standard Osborn malarkey when it comes to delivering promised funds. Many times in this blog I have referred to the typical pleadings of, "the money hasn't come in" or "the bank put a hold on the deposit" among the many excuses that Michael offers.  It looks like Shenae has learned to parrot the "company line".

(2) "As I understand it, to date Michael has paid this man over a million in cash and three million in securities." Absolutely, positively pure hokum as I said in my previous post. Where in the world would Michael get this kind of money? Well yes, his dozens of scams, but I guarantee he doesn't use those funds to pay off his debts.

(3) "He is nothing more than a con-man and an ambulance chaser." WOW! Talk about the pot calling the kettle black!.  Michael is on his way to the hole for the second time and may not come out for many, many years.  How many times have you been in prison, Virgil?

(4) "No, it is not true that Michael has any involvement with Genesis other than in a technology consulting role."

Oh really?  I'll let the screenshots of a conversation between Mike and one of the dupes who believed he was getting money do the talking.

Do the conversations sound like Michael has only a technology consulting role in Genesis Gives?  Of course not! His role in the scam is confirmed in the bio Michael himself published.

(5) "In case you have seen this man's website, let me address some of his most obvious errors: Corporation: New York, not Nevada"

Hey, Dumbo! It was your site that said it was a Nevada Corporation, remember?  No? Here's a reminder.

But that's OK, because the Genesis Project of America  is not incorporated in New York either!

I can't wait to find out how these con-artists try to lie their way out of these "gotchas".

Monday, October 10, 2016

Want Michael to Pay for His Crimes Against You? Here's How You Get Justice!

US v.  Osborn , 15-cr-058-CMA

If you believe that you have information that would be relevant to Mr. Osborn’s  sentencing in the case pending in the District of Colorado, you are free to submit it to the United States Probation Department, 1929 Stout Street #C-120, Denver, Colorado 80294.

Members of the public typically submit such information in the form of letters to the Court,
which the Probation Department attaches to its presentence report and provides to the
Court, the defendant, defense counsel, and government counsel at least ten days prior to
the date set for sentencing.  The sentencing in this case is set for December 1, 2010  before
United States District Court Judge Christine M. Arguello.

Linda Kaufman
Assistant United States Attorney
1225 17th Street Suite 700

Denver, Colorado 80202

Note from George:  Make sure you refer to the case number at the top of this notice.

Back in the Penny Stock Scam Business

It looks like Mike is trying to figure out a way to make a bunch of money before he is sentenced on December 1st for his wire fraud activities with Corey Engelen. With his scheme gone up in smoke and the Genesis Gives fraud obviously unable to generate much income, our hero has turned back to the penny markets. is the internet face of his non-existent corporation, Commify Technology Corp.  It is also a front for promoting valueless penny stocks, as noted by OTCmarkets, a platform for trading such stocks.

Now how do we know that Commify is Michael?  Well notice that the contact name on the profile above is "Michael Osborn".  We know this is the same Osborn we all know and love because the website lists GenesisGives as one of Commify's "projects".  And as has been pointed out in this article, we know that Genesis Gives is a Michael and Shenae shenanigan together with recidivist criminal, Virgil Williams.

One of Michael's newest schemes is VW Win Century, Inc. (VWIN), a scheme so fresh that it hasn't really launched since it took over the listing from well-known penny stock fraud artist, Shaun Passley. Under Passley, the company was known as FlexFridge (FLXR) and took millions from the public.  No one really know what this "new" company will purport to do, but when you consider the history of this dirty dirty ticker and Michael's involvement, you can be sure that scams are afoot. Although a See Kuy Tan is the purported President of this up and coming fraud, he may or may not exist.  The guy who is really the face of the company is Bruce Barren of Los Angeles.  While I haven't found anything on Mr. Barren yet, he is either a crook or just really, really stupid. Neither characteristic is a qualification for President of a public corporation. Case in point: the company lists Michael as a "consultant". Now considering Osborn's history, did Bruce neglect to a background check on Mike or did he think that I wasn't going to see this? Neither scenario is exactly complimentary of Bruce's skills as a corporate officer. Perhaps, Bruce should start here.

Friday, October 7, 2016

An Attempt to Whitewash the Truth

Here we go again with Michael's attempt to erase his past indiscretions with finger pointing strictly so he can proceed with new indiscretions.  It's a tactic he's tried many times, for example with Abuse of Law which he purported to be a charitable blog, but was really designed to be an attack on me. Recently, Shenae had her blog where she claimed that Michael was charged and jailed for car theft merely because "he forgot to change his address". That blog came down as soon as Michael realized that I had wind of it and I knew the truth. Of course the real truth about his time in the pokey comes in the form of the court's ruling on his appeal of the conviction.

Now Michael has published, a thin mea culpa which is more about pointing the finger than taking blame for the dozens of scams he's operated. Everybody is a culprit in his fabricated story except him.  Michael portrays himself as a victim of his circumstances. I, of course, am the guy who is most at fault. Yes Michael, I must be the reason you formed Victory Capital, Principal Capital Group,, Data Capital Corp., and Commify Technology Corp., to steal millions of dollars from the public.

Let's look at his blog piecemeal.

Notice how he opens looking for sympathy, "I am the son of a teenage mother..." and "I commiserate in the guilty of being a failed Father.."  This is textbook sociopathic behavior."

"Oh don't blame me. I am just insecure" If you've ever met Michael, nobody is more secure than he is.

Trying to convince the reader that he has turned over a new leaf, Michael shamelessly invokes the church: "It wasn't until my early forty's that I returned to the church..."

In this section, Harold Gregg, another convicted felon (as Mike admits), is identified as Mike's father figure. "Like father , like son."  I can't tell you how many times Michael has told me that Harold is stupid.  And if "successful in our business ventures" is measured by the number of people they ripped off, then yes, they were successful. See my previous posts for examples.

Here, Mike's miserable life becomes my fault. And the lies pile on top of each other.  I was not hired as a consultant.  I was hired to be the CEO.  As I have pointed out in the past, the press release says it all. It is true that I sued Victory and Michael and Harold for fraud after I figured out what these guys were really up to. It is also true that I was willing to accept $10,000 in settlement of my salary for the two months of my time as supposed CEO.  It is untrue that I was paid the $10,000 and that was why I sued. It is untrue that Jon Fullenkamp, another penny stock fraud artist, was the CEO at the time I sued.  Michael gave Jon control of Victory after the Hells Angels paid Michael "a visit" for a long overdue debt. Fullenkamp only found out about the lawsuit after Michael had passed on control of the corporation. And by the way, an officer or director of a corporation cannot be indemnified for fraud. And there was no backroom dealing between Fullenkamp and myself. In fact, Jon Fullenkamp was completely taken to task by me in the courtroom as has been well documented in the press.

And yes, Michael has created me.  Once I realized that Osborn had used me to be the face of his schemes, I have become a well-known activist against penny stock fraud. I give Michael full credit for that and always have.

I played off Michael's alcoholism?  I couldn't give a damn that Michael was/is a drunk. That is not an excuse for screwing people over.  And he still does it, even though he claims he is sober (others claim that he is still a drunk). As for attacks on his family, all I have done is expose Shanney/Shenae for her complicity and willing participation in his schemes. This is a fact and I have posted the evidence on this blog many times.  If Mike wants to call this an attack on his family, so be it, but once again he is deflecting blame. His own family, and more recently Shenae's family,  have emailed me to express their shame in having Michael as part of their family including one from his own daughter in 2009. As she was 16 at the time, I don't believe I posted it, but now she is 23 and her shame should be public.

Here are some more emails, including a classic from his sister. I have not yet published the emails from Shenae's family, but if Mike pushes me, I will.

As for Principal Capital Group, I have posted about this scam in the past, but suffice to say that Michael took in millions from now disgruntled investors. Much of it was lost in bad stock trades, but most was spent on his lavish lifestyle with Shenae. There was no trading floor, just Michael on a computer.  There was the facade of a trading operation, but that was for show to create an illusion for dupes.  His past employees all claim that they never got beyond pretend trading for training purposes. They were also all stiffed for salary. And no, there were no entities under the Investment Act of 1940. This is mostly because Michael does not have a Securities License of any kind (as the current indictment makes clear), a situation for which he is the subject of an examination as we speak per the scheme. As for the reference to Abelard Construction, that company was just another of Mike's victims, as the owners of the company state here.

In short, Principal Capital Group was nothing more than a front for collecting funds to support Mike's life and day trading activity.

Mike says that he "was accused in Orange County of several charges..."  Uh no Mike, you were busted for stealing two cars and your continued barrage of bad checks.  Remember, the appeal? There is no way to sugarcoat this Mike.  You are a thief.

As for the small charity, Mike is referring to Abuse of Law, which as I previously referenced was singularly designed to be an attack on me and which the court ordered turned over to me after Michael through in the towel on a defamation lawsuit I filed against him and exposed slumlord, Aniko Kaye.

The Pumptracker was another scheme designed to steal money and its subscriber list was the base from which funds were extracted for the scheme. Contrary to what Mike says, The Pumptracker was a stock promotion site and in fact, pumped shares of the since halted FRTD, a fraudulent scheme which was run by Michael and his partners Thomas Parilla, Andre Scheer, Virgil Williams and recently indicted attorney, Jehu Hand. As most crooks do, Parilla is claiming innocence in the scheme, blaming it entirely on Osborn and Hand.

Well doesn't exist because the planned fraud fell apart with the scheme. There was no platform and Data Capital Corp. was just another fraud by Osborn and the other perpetrators of the con.

Reviv Media was another scam with Shenae's name on it that never got off the ground for some reason.

I have been paid over $1,000,000 in cash and $3,000,000 in stock? Oh really? Well I guess the IRS, who started the investigation that lead to your pending incarceration is going to be interested in why you haven't shown these assets in your tax returns.  In reality, Michael has paid me just over $200,000 in cash and given me a couple of absolutely worthless stock certificates. He still owes me a quarter of a million dollars on my 7 year old judgment.

My favorite part of his entire blog is how Mike mentions his Federal charges on 14 counts of wire fraud and money laundering almost in passing. The truth is that he has stolen millions of dollars and the current charges are only the beginning.  More indictments are pending and I believe he will receive additional sentences while he serves his pending jail time. At the end of it all, I seriously doubt that Michael will get out of jail before he is 60. As for taking credit for the charges, the Feds came to me because of this blog.  They interviewed me and my attorney for an entire day.  You bet I take credit in nailing him.  But the credit for Michael's crimes belongs entirely to him.

Wednesday, August 10, 2016

Keeping Up With the Osborns: A New Scam and Pending Charges for An Old Scam

Mike and Shenae Osborn, together with their faithful dog Virgil Williams (no insult to dogs intended), are back at it with a brand new scheme: the recently launched Genesis Gives. That website purports to solicit donations from the public for distribution to families "who have been affected by incarceration".

Genesis Gives is a scam and anybody who puts any faith into this fraud is begging for disappointment. Any donations received will be pocketed by the Osborns and Virgil. None of them give a damn about any incarcerated family except their own. Michael is scheduled to be sentenced for the Commissum Universes scheme he concocted with fellow felon, Corey Engelen, on December 1, 2016. Genesis Gives can only be about giving Shenae some security over the 6 - 10 years Michael will serve as a guest of the federal penitentiary system. That is if PayPal doesn't cut the scheme off in short order.  Today, I spoke at length with a security expert at the payments company.

Notice that within the "About Us" page shown above, Osborn claims that "Genesis Project of America (GPA) is a Nevada Corporation that has made its application to be recognized as a 501(c)3 nonprofit entity.  Well guess what. A simple search of Nevada Corporations proves that there is no such thing as the "Genesis Project of America" or for that matter "Genesis Gives". OMG! Michael lied! What a shock!  This also means, of course, that no non-profit application has been submitted.

Foolishly, the scam is doubly exposed by Genesis' use of the same mailing address and phone number as the recently demised scam.

Speaking of, I wouldn't be too sure about the strength of any plea deal Michael made with the prosecution in exchange for snitching on Corey Engelen. For those of you who don't know, was a scheme in which Michael and Shenae together with Virgil and a cast of others purported to buy public company Aged Debt with other people's money, i.e. investors; convert the debt to stock; and, then sell off the stock. Resulting funds were to be distributed to investors. The problem is that almost all of the investors' money and any gains realized were used to line the pockets of the Osborns and Virgil. Well today, I received confirmation from a Michigan office of the FBI that a case was presented to the US Attorney for subsequent presentation to a Grand Jury. It seems that Michael, Shenae, Virgil and other cohorts are about to be indicted for that scheme. That will very likely nullify the considerations given to Michael for snitching on Corey. In the meantime, the court is accepting comments from victims any of Michael's schemes in advance of the December 1st sentencing hearing. Contact me for details.

Now Michael continually claims that Shenae has nothing to do with his schemes, but her name and signature appear all over the place, exposing her complicity.  For example, former employees at Principal Capital Group will tell you that she ran the office like an SS officer.  Also, her name and signature appear all over documents. Shortly after that scam was shut down, she briefly posted a blog post about herself on her website, packed full of lies, and in which she tried to redeem herself and make Michael into some sort of victim of circumstances. Shenae still denies that Michael did anything wrong to warrant his 13 month incarceration. She says that he was charged because he forgot to tell CarMax that his address changed.  In reality, he was charged with grand theft for writing over $50,000 in bad checks to CarMax while procuring two luxury automobiles in the space of a few days.  Anyway, fifteen minutes after I told Michael that I turned the article was over to the prosecutor in the Commissum Universes case, it disappeared from view.

One page from the Genesis Gives website that I found but is not linked to the home page, is the one that talks about the "Team". There you'll find Shenae's dubious, bullshit resume, complete with her experiences at ReViv media, a short-lived stock scam of Michael's that never really got off the ground. Shenae's duties as CEO at ReViv consisted of bringing Michael coffee. As for Little Yoga Bubbles, I am still getting phone calls from employees and providers, including the City of New York, who were stiffed by Shenae. Oh and did I mention that I also get calls from hotels and Air BnB listers who were stiffed by the Osborns?

Then there's Virgil, a long-time stock fraud artist and convicted felon, who more recently had his hands in the Fortitude Group and schemes. This guy is pure scum.

Conspicuously missing from "The Team" is Michael himself, but you have to figure that is for obvious reasons.  Nonetheless, I did find a thread he started at, but quickly deleted. Here it is in perpetuity.

I particularly enjoy his tone which makes it seem like Michael and Shenae are wonderful benefactors who pulled themselves out of the gutter after Michael's incarceration.  There is no mention of Michael's pending trip back to the pokey for an extended stay or the conditions that Shenae described in her short-lived article of earlier this year. One thing for sure, if they did pull themselves out of the pits Shenae described earlier, the Osborns royally ripped someone off to do it.

I wouldn't expect Genesis Gives to be giving very long.

Wednesday, February 10, 2016

Michael Osborn Pleads Guilty to Wire Fraud and Illegal Monetary Transactions

On February 9, 2016, having seen the writing on the wall, Michael has changed his plea to guilty on two  of 14 counts alleged in a February grand jury indictment, after coming to an agreement to have the remaining 12 counts dismissed.

The charges stem from the Commissum Universes con which was begat by the failed Principal Capital Group scheme. Michael has pled guilty to one count of wire fraud and one count of willfully causing another to engage in a monetary transaction in property derived from specified unlawful activity.

Among Michael's admissions are:

  1. that he devised a scheme to defraud by make false representations;
  2. that he acted with the intent to defraud;
  3. that he caused another person to carry out an interstate transaction; and,
  4. that he carried out the scheme to defraud under false pretense, representations and promises.
  1. that he willfully caused another person to engage in a monetary transaction;
  2. he knew that the transaction involved the proceeds of criminal activity;
  3. the transaction was greater than $10,000; and,
  4. the subject of the transaction was derived from wire fraud;
  5. that the transaction occurred in the United States.
In order to carry out his schemes, Michael admitted that:
  1. He claimed to be an experienced trader and a veteran in the equity/swing trading business. The Government maintains that he also claimed he was a licensed broker, but Michael denies that claim. I can tell you that several of his victims who have come to me have stated that he claimed to have a license.
  2. He sold investors units in funds through which he claimed he would be conducting short term trading.
  3. He falsely told investors that he had a prime trading account through which he would be better able to leverage investors' funds.
  4. He falsely told investors that their funds were protected by a fidelity bond from Lloyds of London and that he used altered documents as an offer of proof.
  5. He told investors that he would use trading strategies that he did not actually adhere to.
  6. He provided investors with false trading reports.
  7. He provided investors with phony SEC filings and falsely represented that his funds were registered with the SEC.
  8. He falsely represented that the accounts investors' funds were wired to were trading accounts, but were in fact checking accounts held by Corey Engelen, and which were accessed for Osborn's and Engelen's personal benefit, including Michael's purchase of a Mercedes Benz.
  9. Some investors funds were transferred to a checking account accessed by Michael's wife Shenae (Shanney) Osborn.
  10. Instead of making promised payouts to investors, Mike came up with the excuses that all who have come in contact with him know by heart, including blaming the bank.
Michael is required to provide $695,000 plus penalties which have yet to be assessed in restitution (yeah, good luck with that) and faces up to 20 years in prison. Within the plea agreement, it appears that he has a deal with the government to have them recommend a somewhat reduced sentence provided that he snitch--presumably on his partner-in-crime and co-indictee Corey Engelen--and that his testimony is useful in obtaining a guilty plea. Both Michael and Corey are previously convicted felons, convicted for unrelated crimes.

In the interest of full disclosure, I should state the Michael sent some funds from this scheme to my attorney towards paying off part of the Judgment I have held since 2007.  Effectively, Michael defrauded victims in part to pay me, another of his fraud victims.  Both my attorney and I were interviewed by the IRS agent investigating this case and we were on the witness list had the case gone to trial. I asked if I would be required to return the funds received from Michael, but was told by the agent that "I was good".

Michael is currently under investigation along with his partners Alexander Schneer and Virgil Williams, his wife Shenae and others for two other unrelated fraud schemes which took place after the Commissum Universes scheme collapsed. One is a penny stock fraud scheme where Fortitude Group, Inc. (symbol FRTD) was used as the vehicle for defrauding the public. The other was a scheme run on the website This scheme was much like Commissum Universes in that investors' money was used to support the lifestyle of the partners. Through, Michael claimed to be purchasing notes issued by public companies with investor funds. Michael then sold or placed the converted stock, supposedly for the benefit of investors. Many of the investors claim to have lost all or part of their investments, by some accounts totaling $3 million.

Both the Fortitude and AgedDebt schemes solicited subscribers to Michael's website to invest in the Fortitude and AgedDebt frauds. At one time, Fortitude claimed to have acquired and fraudulently valued its subscribers list at $30 million in order to attract investors to its stock.

It seems likely that Michael will be indicted for these newer schemes while he is incarcerated for the Commissum Universes fraud.  Michael's sentencing hearing for that one is scheduled for May 24, 2016 and I expect to give testimony as a "friend of the court".