Direct Cryptdavid distefano - fraudulent activity

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Review updated:

We are publishing this for all future investors and purchaser of tokens with Direct Crypt and its founder, David DiStefano of Miami, Florida.

Direct Crypt was registered as a limited liability corporation in Wyoming on February 27, 2018. The corporate address used was DiStefano's residence 892 Gallery Course Dr, Las Vegas, NV 89148. Upon attempts to serve DiStefano a civil suit at this address it was discovered by Court records that he was evicted from the property due to non-payment of rent.

Direct Crypt utilized 303 Tisch Way, 110 West Plaza West, San Jose, California 95128, which is a virtual office purchased online. DiStefano uses this technique so potential investors would believe his operation has an actual office. DiStefano received $100, 000 from an investor to be utilized in the initial development of cost incurred for the platform. DiStefano misappropriated these funds for his own personal finances in lieu of paying for services in the development of the website and block chain technology. DiStefano defaulted in payments owed, defrauded equity holders, and moved Direct Crypt's operation to Miami, Florida.

DiStefano is now using 78 SW 7th Street, Suite 500, Miami, Florida 33130 again to mislead potential investors that Direct Crypt has a physical office. DiStefano utilizes the same technique with Direct Crypt's phone, which is a Non-Fixed VoIP, which is a disposable Internet created number that can be associated with any address.

It states on Direct Crypt's website ‘DiStefano is an accomplished entrepreneur who has founded, capitalized, and managed several successful companies and currently sits on several boards.' Our investigation discovered that those statements are inaccurate and not factual.

The facts are DiStefano has a poor credit rating, various court proceedings, evictions, owns no real estate, merchant account closures, failed businesses, removed from management positions, and opens shell corporations.

Responses

  • Bo
    Bob1981 Sep 30, 2020
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    Hopefully they are getting closer to catching this guy.he has a apartment in tampa.hes steady scamming on the ppp loan

    0 Votes
  • Ra
    RajArjuna Sep 10, 2020
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    Do your part in the justice league against david distefano:

    Please stay connected here & encourage others with similar experiences to do the same!
    Please post experiences and pertinent information.
    Stay confident! this crook will be caught.. soon!

    Announcements about the catching of this crook will be posted soon!

    0 Votes
  • Bo
    Bob1981 May 22, 2020
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    David lives in tampa now with her dad. which is free government housing. he is working on a credit card scam for restaurants. also they stayed with morgans mother for 6 months. not paying a dime the whole time. but was able to constantly by marijuana. I hope everybody gets togethet and takes this scam artist moocher off the streets

    0 Votes
  • Bo
    Bob1981 Sep 10, 2020
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    David is obtaining ppp loans in amount of 50.000 now hes in tampa .he is a con artist that needs to go down

    0 Votes
  • Lo
    Lovelife12 May 20, 2020

    Just another day at the office. Just another day as an accomplice. Remember folks, her implants were purchased not by her fiancé David but by an investor, unaware of being scammed. I assume her fancy dress and shoes were purchased by investors money as well.

    Comments

    1 Votes
  • Me
    Melstrong Oct 18, 2020
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    @Lovelife12 You people are idiots you know nothing about my daughter and people who constantly post on here about her clothes and implants need to get a life. You want to get David go ahead by all means. But stop the petty comments about my child, jealousy can make people so nasty when a beautiful women is involved.

    -4 Votes
  • Ra
    RajArjuna Oct 18, 2020
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    @Melstrong She is no child. Talk of Jealousy, petty comments etc are all distractions. Please "Mrs. Poulsen", simply telling David to handle his business is the solution; not trying to root here on a complaint board for the woman-child lover og his you claim as your daughter. Why get bent over words? Especially knowing how much they lost and were hurt?? The real issue is the bad biz David has been running but thats coming to an end. Sidenotes of Miss Morgan willingly and if not forcefully (as we all know her temper) being involved are irrelevant. End point, WE JUST WANT DAVID :)

    0 Votes
  • Me
    Melstrong Oct 19, 2020
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    @RajArjuna She has been charmed by him as all of you were, I dont like him and hope he does have to pay for what he has done. My daughter is young and naive. And all of you should know how persuasive he is because look what he has done to everyone, so all I am saying is leave my daughter out of it, anyone who is a mother would feel the same way, so do not think I am taking up for him
    I don't even talk to her anymore because of him, my only hope is one day she will open her eyes and see what kind of person he is and her to see that I do love her and would like her back in my life.

    -2 Votes
  • Ra
    RajArjuna Oct 19, 2020
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    @Melstrong Lady, She is not a child. You have your daughter back. Your daughter has implants and lavish trips around the world with other people's money. Why are you here sticking up for her? If you really wanted to help, get off your ego trip and stop telling the process servers you don't know who David is or where David is at! She is not young she is an adult! She is not naive she has to sign consents and agreements. She knew what she was doing acting a fool getting him kicked out of that company that his ex wife started! You are in the wrong side of this in the wrong place. If you really want to help tell David to stand up to the music! Stop letting him hide behind you or else you will be involved like your sweet daughter.

    0 Votes
  • Ra
    RajArjuna Oct 19, 2020
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    @Melstrong On a side note NO ONE HERE don't cares about you "wanting your daughter back in your life" and your "only hope" etc... We want Justice For Everyone that was on the losing side of him monetarily, so we're not here worried about people's commentary on personality. Get outta here lady - Go visit your daughter's Facebook page "Morgan Brittany knowing thyself through consciousness ". Ha! In fact, she's preaching positivity for the "dark forces" and living a life perfectly fine without you soooooo seems like she is happy scamming alongside her partner too. No one here cares a lick for your rant wanting her back in your life. Either be help or go away with this nonsense about your daughter's hurt feelings.

    0 Votes
  • Ra
    RajArjuna Oct 19, 2020
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    a verified customer
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    @Melstrong Melanie, If that's even who you really are. The process servers have been there multiple times. They saw the package there on the doorstep addressed to you. We know he is with you/your family members including your dear daughter aka his accomplice. We know you guys are hiding him out and you are the last hope he has. We know he is out of money and running out of time. If you were smart, you need to be of help or go away... you do not want to be caught up in his mess. Plus if you're so protective of your daughter and want her in your life you need to understand the severity of the situation... these are not high school children that are mad about a petty playground situation. People's entire lifetime of savings their investments their good name has all been tarnished because of him. Even his ex wife too! He has no mercy. You need to backup or put up. We Want David. The papers will be at his feet soon if they aren't already. :)

    0 Votes
  • Me
    Melstrong Oct 19, 2020
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    @RajArjuna I am done on this site it is a waste of my time, I would never hide him like I said before, God is the only judge of me and my daughter not you. Hope you get him but hatefulness towards someone you dont even is bad for the soul. God will be your judge also.

    0 Votes
  • Ra
    RajArjuna Oct 19, 2020
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    @Melstrong No hatefulness just honesty here a. And you have ZERO business here rooting for your daughter the accomplice to a con artist! Don't get butt hurt Melanie. It's honest and Blunt we do not have sympathy for you miss poulsen or whoever you are. Help or get out. Sounds like you take it personal and think we are hateful. We don't need to know you miss. We are not here to judge you or your daughter it's the sin not the sinner. We are hurt not hateful. That is your ego taking it personal and wishing God to come teach us something; now talk about hate. Your daughter is accomplice. We want David. End of story. Oh, and we aren't really convinced that you aren't Morgan herself or some other accomplice. Why would her mom beyond a complaint board anyway?! Sounds like you are Morgan trying to keep up with the enemies that he has made. We are no fools here. Have a good day.

    0 Votes
  • Lo
    Lovelife12 May 20, 2020

    Not sure who all of these people are who were proudly posing for the camera after taking in hundreds of thousands of dollars.

    Comments

    1 Votes
  • Lo
    Lovelife12 May 20, 2020

    Masterminds of cheating people out of money. Laire said Direct Crypt was 100% legit but yet no one has been paid back their money.

    Comments

    1 Votes
  • Lo
    Lovelife12 May 20, 2020

    They traveled to Switzerland on investors money.. David misappropriated investors money. Rob MacPherson has bank records. He knows the story. He is aware that David is a fraud yet Rob chose to take advantage of those same people. He needs to be behind bars as well.

    Comments

    1 Votes
  • Lo
    Lovelife12 May 20, 2020

    She waited her whole life to introduce investors into a scam.. smh

    Comments

    1 Votes
  • Lo
    Lovelife12 May 20, 2020

    David DiStefano, Morgan Poulsan, Laire Lightner, David Lightner: ALL need to be investigated!!

    Comments

    0 Votes
  • Lo
    Lovelife12 May 20, 2020

    David DiStefano needs to be in jail for many reasons. He is a professional con artist and pathological liar. He traveled to Switzerland for Direct Crypt with his cheap girlfriend Morgan Poulsan on investors money. (Her implants came from investors money as well a few years ago.)
    Laire Lightner and her husband confounded Direct Crypt with him. She underhandedly left the company without telling those who she suckered in to investing into the company. She knew David had prior issues with people but she still advertised and supported David. She needs to be investigated as well! Robert Macpherson ended up scamming people as well. David brought him in. David is now involved in a new company and I assume he is taking advantage of them since he is a poor excuse of a man who can’t work an honest living. Stay far away from these people. Get the media involved!

    Comments

    0 Votes
  • Bo
    Bob1981 Jun 08, 2019
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    I really hope you get your money back .as will as the other vicims.theres always a reason a company changes name in short period of time.

    0 Votes
  • Je
    JeffDim Jun 10, 2019
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    a verified customer
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    @Bob1981 He stole money from me and i havent received anything but sad stories. Heard he has done this with his companies distefano holdings, direct crypt, xblok. Wonder how many people actually agve him money.

    0 Votes
  • Bo
    Bob1981 Jun 07, 2019
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    a verified customer
    Verified customer

    No bob i know some people that did and also no how he stoled 100000 from a client in vegsd.and used the monet to purchase a mercedz for his girlfriend.i just hope the fbi catches this crook soon .these poor people investing thete life savings and he takes in live in high life.did you invest with them

    1 Votes
  • Bi
    BillyFL Jun 07, 2019
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    @Bob1981 Bob, you must be stupid! Any one reading your comment can tell you have a first grade education. If you are going to post something at least come across like you have a brain. It was mentioned you didn't invest with DiStefano so what's your issue with him? Seems like you are just trying to destroy him for no reason!

    -1 Votes
  • Bo
    Bob1981 Jun 07, 2019
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    a verified customer
    Verified customer

    @BillyFL I know alot people personally that have invested in dieect crypt do dont call me stupid.how would you like for someone you know retired and trusted this man .and he took the money and invested 8n his life.now theyhave to go back to work.so personally if you dont know what really is going on keep your coments to your self .

    1 Votes
  • Bo
    BossBabe Jun 07, 2019

    @Bob1981 We invested with David this past October. He ask us to take our money he borrowed and invest into Xblok. Now we are feeling he mislead as that company isn't up and running. We plan on making a report with the news media in Miami and file a report with the police. Enough is enough!

    2 Votes
  • Bo
    Bob1981 Jun 03, 2019
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    a verified customer
    Verified customer

    Xbloc llc david has just opened out of miami .be aware investors

    3 Votes
  • S Nair Jun 07, 2019
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    a verified customer
    Verified customer

    @Bob1981 Thanks for the heads up. Did you invest with Direct Crypt?

    1 Votes
  • Sa
    Sandy Dupree Mar 07, 2019
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    David used the 100, 000 he took from his client to buy his young girlfriend a mercedz,

    0 Votes
  • Su
    sueslyn Nov 14, 2018

    Few years ago, we withdrew money from our savings and loaned him a significant amount of money. He never paid us back one dollar and my husband was forced to work a second job. Don't get scammed like my husband and I have by this man.

    1 Votes
  • Ja
    jasddl80 Feb 02, 2019
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    @sueslyn It sure looks like you have been scammed. File a police report so others don't get financially hurt.

    -1 Votes
  • Ni
    Niki O Nov 12, 2018
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    a verified customer
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    I am friends with one of the founders and I have seen video of their offices in Florida. Can someone explain?

    0 Votes
  • S Nair Nov 13, 2018
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    a verified customer
    Verified customer

    @Niki O Anyone can rent a desk by visiting the domain 'wework' and you can verify the actual tenant for 78 SW 7th Street, Suite 500, Miami, FL 33130 by visiting the domain 'brickellcitycentre'. If there is a video of the location it's of the actual tenant 'wework' property who sells desk space month-to-month. If you visit those two websites you can validate the information provided is factual.

    1 Votes
  • Pb
    pboardlvr Jan 21, 2019
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    a verified customer
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    @Niki O Tell your friends the founders are scam artist! Sent money and not heard from anyone and calls aren't being returned. I have no doubts it's a scam, have no doubts my money is gone and this is a genuine and flat scam.

    -1 Votes
  • Pr
    princesswarrior Nov 09, 2018

    Wonder how many are going to lose everything if this is true?

    0 Votes
  • Ja
    jasddl80 Feb 02, 2019
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    Verified customer

    @princesswarrior Another company that uses cryptocurrencies to steal money from naive investors. If you invested with them demand return of your money and file a police report.

    -1 Votes

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