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Mark Maloney Scammed!

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Thanks to Bajan Citizen for producing relevant links to the latest story making the rounds about Mark Maloney being scammed out of US10 million dollars purported to be a payment for 1 million doses of the AstraZeneca vaccine on behalf of Barbados and two other governments.

The blogmaster has two questions:

  1. On what basis was Maloney’s company Radical Investments Ltd selected to broker this transaction.
  2. Is the government out of pocket because of the errant transaction.
  3. How does being out of pocket USD6.7 million affect Maloney’s financial state to continue to do business.

Mark Maloney Says $12M COVID Vaccine Deal Was A Scam
https://www.law360.com/commercialcontracts/articles/1422923/barbados-co-says-12m-covid-vaccine-deal-was-a-scam

The case is Radical Investments Ltd. v. Good Vibrations Entertainment LLC et al., case number 9:21-cv-81761, in the U.S. District Court for the Southern District of Florida

Radical Investments Ltd. is a St Lucia registered company owned by Mark Maloney. 

He appears to have been swindled out of $6.7 millon USD from the governments of St Lucia, the Bahamas and Barbados who contributed money to buy COVID vaccines for their citizens.

“In April 2021, the Governments of Saint Lucia, The Bahamas and Barbados initiated a bulk purchase of AstraZeneca vaccines, as the minimum purchase from authorized suppliers was one million (1,000,000) vaccines.”
http://www.govt.lc/news/saint-lucia-s-efforts-to-secure-high-demand-covid-19-vaccines.

St Lucia contributed $7.3 million EC
https://www.caribbeannewsglobal.com/approval-of-direct-purchase-for-astrazeneca-radical-investments-ltd/

Mark Maloney is deputy chair of the private sector group put together last March to fundraise and acquire more vaccines.
https://barbadostoday.bb/2021/03/03/high-powered-group-ready-to-assist-with-vaccine-financing/

It is not clear what due dilligence Mr Maloney did before entering into this commercial arrangement with Good Vibrations Entertainment LLC. If you were looking to purchase pharmaceuticals would you do business with a company whith a name that connotes mechanical sexual services, and with an address at 21218 St Andrews Blvd Suite 318 that is a mailbox in a UPS store where 175 other fly by night companies also have their “headquarters”???
http://search.sunbiz.org/Inquiry/CorporationSearch/SearchResultDetail?inquirytype=EntityName&directionType=CurrentList&searchNameOrder=GOODVIBRATIONSENTERTAINMENT%20L210002390860&aggregateId=flal-l21000239086-b92f38d8-b344-45fc-b36d-1320f1675828&searchTerm=GOOD%20VIBRATIONS%20AUDIO%2C%20LLC&listNameOrder=GOODVIBRATIONSAUDIO%20L190000122850

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1,308 responses to “Mark Maloney Scammed!”

  1. David Avatar
    David

    Radical Investments denies allegations
    Maloney’s lawyers: A conspiracy to defraud . . .
    Radical Investments Ltd. (RIL) has denied “each and every” allegation made by Good Vibrations Entertainment (GVE) in its counter lawsuit filed.
    Calling the US$10 million failed COVID-19 vaccine scheme a fiction, the US attorneys for Barbadian businessman, Mark Maloney, have rejected GVE’s attempt to claim damages for breach of contract telling the court that its chief executive officer, Alex Moore, should not benefit from its own wrongdoing.
    In its counter-claim the attorneys stated: “As its First Affirmative Defense, RIL asserts that GVE is barred from recovering damages via its counterclaim because GVE has unclean hands, committed numerous torts against RIL, and has acted as a co-conspirator in a scheme to defrauded RIL out of millions of dollars. What is more, GVE and its principal, co-defendant Alex Lee Moore, were the masterminds of a conspiracy to defraud RIL.”
    They claimed that GVE and Moore “fabricated the AstraZeneca invoice to fraudulently induce RIL to continue with the transaction and also repeatedly assured RIL throughout the transaction that they would procure the COVID-19 vaccines.
    “Unfortunately, the entire COVID vaccine transaction scheme was a fiction. There was never a genuine invoice to purchase vaccines from AstraZeneca. Accordingly, GVE should not benefit from its own wrongdoing.”
    The attorneys also told the US Federal Court that GVE “is barred from proceeding in this action because they have failed to state a cause of action. More specifically, GVE has failed to state plausible or sufficient causes of action and provides implausible conclusions for what is apparently an attempt to plead breach of contract and tortious interference claims”.
    They further asserted that “GVE has failed to satisfy conditions precedent to bringing this action” such as what was expressly stipulated in the purchase and sale agreement dated April 16, 2021, which
    required GVE to provide an invoice from AstraZeneca within 24 hours of the funds being deposited in the Escrow Account, as they charged that the invoice provided was a forgery.
    The attorneys further affirmed that GVE “is stopped from asserting what appears to be claims for breach of contract or tortious interference. GVE fabricated the AstraZeneca invoice to fraudulently induce RIL to continue with the transaction”.
    They charged: “Unfortunately, the entire COVID vaccine transaction scheme was a fiction fabricated by GVE and its co-conspirators. GVE never possessed a genuine invoice to purchase vaccines from AstraZeneca, nor the vaccines from AstraZeneca which it contracted to procure for RIL benefit.”
    Continuing, they wrote that “GVE’s complaint must fail because of the doctrine of anticipatory repudiation. GVE among other wrongful acts, fabricated and delivered to RIL, a fabricated AstraZeneca invoice. RIL relied upon the same to its detriment. GVE repudiate the agreement upon delivery and RIL’s discovery that the AstraZeneca invoice was a forgery.”
    RIL’s counterclaim was sent to the court following Moore’s filing a counter lawsuit against RIL claiming breach of contract.
    Moore has asked the court to dismiss the complaint against them; that GVE be awarded judgement against RIL for its lost profits and expenses and they have also demanded a jury hearing in the matter. (MB)

    Source: Nation

  2. David Avatar
    David

    LAWSUIT TWIST

    Florida company countersuing Maloney over US$10m vaccine contract
    In a twist, the man at the centre of the failed delivery of US$10.2 million in AstraZeneca vaccines to Barbados has denied any claim of fraud and is countersuing Barbadian businessman Mark Maloney and his Radical Investments Ltd. (RIL).
    Alex Moore, the chief executive officer of the company Good Vibrations Entertainment (GVE), which Maloney contracted last year to procure the vaccines for Barbados and St Lucia, has charged that Maloney breached the contract by terminating it after discovering vaccines cheaper than the US$10 per dose charged by GVE.
    Moore further charged that Maloney did this to pocket the profits and asked the court to dismiss the lawsuit and award GVE judgement for its lost profits and expenses.
    The case is being heard by a United States Federal Court.
    Deny allegations
    However, the US attorneys for Maloney filed a counterclaim denying all of Moore’s allegations as “GVE has unclean hands, committed numerous torts against RIL, and has acted as a co-conspirator in a scheme to defraud RIL out of millions of dollars”.
    Moore, who denied the majority of the pleadings filed by Maloney in his amended lawsuit wrote to the court stating: “Now assuming the role of counter plaintiff, Good Vibrations Entertainment LLC sues RIL and avers and alleges as follows: that after the execution of the contract RIL discovered that the pricing through intermediaries that was being paid through GVE was substantially less than what RIL had agreed to pay GVE. More particularly, GVE was able to obtain the AstraZeneca vaccine for substantially less than US$10 per dose. As a result, RIL realised it had effectively paid substantially more than that which it might have been able to obtain the vaccine assuming that it was available to RIL.
    “After execution of the agreement, and after the orders were placed, RIL discovered that AstraZeneca had agreed to provide dosing through Covax in perpetuity at the rate between $3 and $4 per dose to low and middle income countries which would have also included Barbados and RIL’s other client. The Government of Barbados ultimately discovered this as well.
    He added: “In effect, RIL had made a bad investment and rather than making whatever the price differential was between the $12 per dose (including commission) and RIL’s agreement with the governments that it had apparently overcharged, it sought to cancel the agreement and reap the benefit of the price differential between the roughly $3 to $4 per dose that GVE and its intermediaries would have paid and that which they had paid for the dosing, yielding a profit to RIL of an additional $6 to $7 million.”
    Moore claimed that RIL breached the agreement by cancelling it and attempting to go behind the back of GVE and its intermediaries; that RIL interfered with GVE and its intermediaries in an effort not to help the citizens of Barbados but in an effort to extract the profit for itself.
    Lower price
    “Upon information and belief, the governments purportedly represented by RIL have found their vaccines elsewhere at substantially lower prices than quoted by RIL to provide the dosing. They have demanded the return of the funds. Such was done after RIL had cancelled the agreement and attempted to go directly to the manufacturer to obtain the vaccines, something that it was not entitled to do as it was not in the approved vendor chain, and after GVE expended sums of monies to intermediaries and for transportation of the vaccines.”
    Continuing, he claimed that RIL’s predicament was of its own making as, had it not wrongfully cancelled the contract, GVE would have realised a profit well in excess of the funds demanded by RIL.
    Moore also gave notice that his company was suing RIL for the profits lost as a result of the wrongful cancellation and all expenses it has incurred to fulfil its obligations.
    In relation to RIL’s lawsuit against Moniladai Coley and her company Prestige Investments, Moore said that to the extent that RIL was in anyway defrauded or the victim of unfair and deceptive actions on the part of Coley or Radical, that each was also the victim of the very same actions and that he was entitled to recover an equal amount from Prestige and Coley.
    In relation to the amended lawsuit in which he stands as a defendant, Moore suggested that Maloney had sued the wrong GVE company.
    “GVE/Moore admit there is a Florida LLC with the same name and under the same control as the entity involved in the transactions which are the subject of this litigation. However, the agreement was entered into in April 2021 and that GVE is an Ohio Limited Liability Company that had its principal place of business in Newport Beach, California.
    “GVE/Moore deny that at the time of the agreement the Florida LLC was even in existence or that Moore resided in Florida.”

    Source: Nation

  3. David Avatar
    David

    Court victory for Maloney
    BARBADIAN BUSINESSMAN Mark Maloney has scored a victory against one of the defendants who he claimed defrauded his company Radical Investments Ltd (RIL) of millions of dollars paid for COVID-19 vaccines.
    On February 16, judge Aileen Cannon, sitting in the United States District Court of Southern Florida where the civil case is being heard, granted a default judgement against defendant Moniladai Coley and her company Prestige Pegasus, for US$2 million, the exact amount they received from the US$10.2 million which Maloney paid to Alex Moore of Good Vibrations Ltd to provide the vaccines. A default judgement can be issued when a defendant fails to respond to a summons or fails to appear before the court.
    Coley, who goes by the name ‘Millionaire Babe’ on her social media pages, and is owner of the company Prestige Pegasus, was introduced to Maloney by Moore, and represented as an intermediary with the capacity to procure and deliver the vaccines. She was supposed to act as the liaison with respect to obtaining the vaccines for RIL from AstraZeneca.
    $2 million
    The judge stated: “Plaintiff Radical Investments Ltd, a St Lucia company, with its current address of 20 Micoud Street, Castries, St Lucia, shall have and recover from defendants Prestige Pegasus LLC, a Colorado limited liability company, domiciled at 7182 Edgewood Drive, Highlands Ranch, CO 80130 and its principal, defendant Moniladae D. Coley, aka Moniladai D. Coley, individually and as principal of Prestige Pegasus LLC, currently domiciled at 6625 Reseda Blvd, Reseda, CA 91335, jointly and severally, the sum certain of $2 million for let execution issue forthwith.
    “Post-judgment interest shall accrue at the current legal rate allowed under 28 USC. § 1961 as of the date of this final default judgment until this judgment is satisfied.”
    In their application for the default judgement, the US attorneys representing Maloney charged that Coley controlled, operated and managed Prestige, and that she was its sole principal.
    They said the company “was a mere instrumentality of Coley, and was used by Coley to conduct her illicit and fraudulent dealings. As plead, there does not appear to be any other business function of Prestige Pegasus LLC other than to commit this fraud”. The lawyers further told the court that “Coley repeatedly lied, misrepresented and defrauded the plaintiff into believing that defendants could obtain these vaccines and to not to cancel the transaction, which ultimately cost plaintiff nearly $7 million, $2 million of which was retained by Coley via Prestige”.
    Referring to Maloney’s complaint and exhibits, the attorney added: “Coley has publicly flaunted her new-found wealth on social media, purchasing Rolls Royce vehicles, designer shoes and handbags, multiple diamond-encrusted Rolex watches, and other luxury items that did not appear on her social media pages prior to these events.
    “Undoubtedly, Coley has enormously benefited from the funds which were transmitted to Prestige, which further demonstrates that Prestige was merely a sham that Coley hoped would shield her from liability stemming from her ill-gotten gains.” ( MB)


    Source: Nation

  4. David Avatar
    David

    Radical case set for next March

    The case involving the failed delivery of the US$10 million COVID-19 vaccines to Barbados and St Lucia will be heard in the United States District Court Southern District of Florida next March.
    Judge Aileen Cannon, who for the past several months during a pretrial motion heard claims and counter claims from plaintiff Radical Investments, a company owned by prominent Barbadian businessman Mark Maloney, and defendant Good Vibrations Ltd. a US company owned by Alex Moore, set a jury trial for March 13, 2023.
    The judge also notified both parties of a strict calendar of events which must be adhered to beginning from April 29, 2022, through to February 2023.
    Maloney filed a lawsuit claiming that he was lured into an elaborate US$10. 2 million scam when he tried to procure one million doses of the AstraZeneca vaccine for Barbados and St Lucia through the US-based Good Vibrations Ltd.
    In the motion, Maloney
    outlined how he was introduced to Moore in March 2021 as someone who had the ability to secure the vaccines.
    The price was set at US$10.2 million. A commission of $2 million was to be paid to Good Vibrations upon delivery of the drugs to Radical Investments.
    Around April 27, 2021, Radical Investments released the US$10.2 million based on assurances received from Moore’s attorney but the vaccines were never received. Radical Investments managed to get back about US$5.4 million of its initial deposit, leaving approximately US$6.7 million in arrears.
    So far Radical Investments has been awarded a US$2 million default judgement against defendant Moniladai Coley and her company Prestige Pegasus, who was supposed to act as the intermediary for securing the vaccines.
    Maloney has never spoken publicly about the matter but Prime Minister Mia Amor Mottley assured Barbadians that even though Government was aware of the plans to secure the vaccines, it never advanced any money. (MB)

    Source: Nation

  5. David Avatar
    David

    RIL claims defendants divided money
    By Maria Bradshaw mariabradshaw@nationnews.com

    Radical Investments Ltd (RIL) contends that it was defrauded by defendants who put their own “pecuniary interests ahead of the welfare and health of the citizens of Barbados”.
    In its second amended complaint filed in a United States court which is hearing the civil lawsuit involving the non-delivery of a million doses of vaccines to Barbados, RIL charged that the US$10.2 million, the purchase price of the vaccines, was to be paid directly to AstraZeneca, the manufacturers. However, RIL claimed that instead some of the money was distributed among the defendants contrary to the terms and conditions of the agreement.
    RIL, a St Lucia-registered company, is owned by prominent Barbadian businessman Mark Maloney, who was contracted by the Barbados Government to source and purchase the vaccines on behalf of Barbados.
    Six defendants
    Maloney is suing six defendants including Alex Moore of Good Vibrations Ltd. (GVE) – who was supposed to obtain the vaccines – for allegedly defrauding it out of the monies.
    In the complaint, Maloney outlined how he was introduced to Moore in March of 2021 by Cheryl Chamley, who resides in Florida and works in the PPE sector.
    A few weeks after that meeting, Maloney provided Moore with a sale and purchase agreement and an escrow agreement to US attorney David Stein who was named as the paymaster.
    The documents note that “the purchase price for the vaccines was to be $10.2 million”.
    •
    A commission of $2 million would be payable to GVE upon delivery of the vaccines to RIL in Barbados.
    •
    Upon execution of the Purchase Agreement, RIL was to deposit the $12.2 million into an escrow/IOLTA account.
    •
    Moore was to provide an invoice from AstraZeneca for the one million doses of AstraZeneca vaccines, together with the information for the AstraZeneca account into which the purchase price of $10.2 million was to be paid.
    •
    Upon receipt of the
    AstraZeneca account information, RIL would authorise the release of the $10.2 million to AstraZeneca. Thereafter, within 24 hours of the release of funds to AstraZeneca, RIL was to receive the vaccines within seven days.
    • $2 million commission to GVE was to be paid only upon the issuance of a bill of lading from AstraZeneca to RIL.
    However, RIL stated that immediately after the execution of the purchase agreement, it unsuccessfully sought to obtain the invoice from AstraZeneca from Moore and that Moore supplied a heavily redacted AstraZeneca invoice which did not contain the information required pursuant to the terms of the Purchase Agreement.
    On or about April 27, 2021, RIL provided amended instructions to pay defendant, Prestige Pegasus LLC which was owned by defendant Monilidae Coley, the $10.2 million. However that too was not complied with.
    RIL told the court: “In complete violation of the Escrow agreement and amended instructions, Stein wrongfully dispersed following payments via wire transfer listed below out of the IOLTA account:
    • April 27, 2021: $2 million to Prestige.
    •
    April 27, 2021: $2.2 million to GVE.
    • April 27, 2021: $40 000 to Stein’s personal bank account
    •
    May 3, 2021: $2 million
    to GVE.
    • May 3, 2021: $485 000 to RDS, a foreign freight company based out of the United Arab Emirates, charged with handling the delivery of the vaccines.
    “Needless to say, plaintiff RIL was deceptively lured into an elaborate scam to advance the sum of 12.2 million US dollars for one million non-existent doses of AstraZeneca vaccine,” RIL pleaded in its complaint adding that: “Contrary to the terms of the Escrow Agreement and without RIL’s consent, Stein continued to conceal that he had wrongfully wired $2 million to GVE and only $2 million to Prestige.”
    In the complaint RIL further questioned the relationship between Moore and Stein stating that Stein overstepped his role as paymaster and allegedly provided Moore with legal advice in the matter which was outside his scope as paymaster.
    ‘Swindled of $6.7m’ The complaint noted that: “Moore has used GVE . . . to misrepresent, defraud,
    and ultimately swindle plaintiff out of nearly $6.7 million. Moore used GVE for a wrongful and/ or inequitable purpose, namely the aforementioned fraud and inducement of Plaintiff to deposit $12.2 million into an escrow account. The only purpose of GVE with respect to this transaction was to perpetuate an illegal scheme and defraud plaintiff in its hope to obtain life-saving vaccines for the nation of Barbados. Moore himself, via GVE, has been unjustly enriched to the tune of $4.2 million via his illicit and tortious conduct . . .”
    The complaint added: “Defendants conspired with one another, as well as other individuals and entities to perpetrate an unlawful act upon Plaintiff, or to perpetrate a lawful act by unlawful means, to wit: Defendants conspired with one another in order through fraudulent means to induce plaintiff to deposit a large sum of funds into an escrow account in order to obtain lifesaving vaccines for the nearly 300 000 citizens of Barbados, despite defendants having no intention or ability to procure or deliver those vaccines. Defendants, at all times material, acted in concert to continue along with the charade that they could in fact source and deliver vaccines to Barbados, in order to induce plaintiff to not seek a return of its funds, which unbeknownst to Plaintiff, had been grossly misappropriated.”
    The case which is being heard in the United States District Court Central District of California, continues with a motion brought by defendants James L. Scott and Warner, Norcross, + JUDD LLP (“WNJ”), a Michigan limited liability partnership, against being added to the lawsuit and a motion brought by David Stein and Davidoch Stein law firm seeking summary judgment against RIL for being included in the lawsuit.

    Source: Nation

  6. TheOGazerts Avatar
    TheOGazerts

    My boy was not mentioned.
    https://barbadostoday.bb/2022/11/30/top-honour-for-three/
    “Gurdip Bath: For arranging the logistics and facilitating the transportation of 100,000 AstraZeneca vaccines from India to Barbados, in February 2021. Thus, allowing us to commence our vaccination programme against COVID-19.”

    My boy …
    https://barbadosunderground.net/2021/09/22/mark-maloney-scammed/

  7. TheOGazerts Avatar
    TheOGazerts

    Is bizarre the correct word? There is something farcical in the stories as reported. It is almost as if a playwright got hold of a bad script and decided to put as many plots and twists in the story as he/she possibly can.

    The backbone is the reality of life in Barbados, but the subplots of cronyism, favoritism nepotism and scams are always being played out for all to see. Heroes and antiheroes abound.

  8. Hants Avatar
    Hants

    @ TheOGazerts,

    https://radicalcaribbeancup.com/

  9. Sargeant Avatar
    Sargeant

    Ian St. Clair Carrington, Director of Finance and a top economic advisor has been awarded for his distinguished career in the public service and exceptional leadership of the Barbados Economic Recovery and Transformation (BERT) programme. The certified general accountant is also a former Director of the National Insurance Scheme.
    +++++++++++
    Don’t want to rain on anyone’s parade but as an individual who has been honoured for “his distinguished career in the public service” and is a former Director of the National Insurance Scheme, did he at any time make any statements about the long-term feasibility of the NIS as it was constituted?

  10. Hants Avatar
    Hants

    IMPORTANT INFORMATION

    ” The top brass of the Barbados Agricultural Society (BAS) is assuring Barbadians they will have enough pork this Christmas.”

  11. Cuhdear Bajan Avatar
    Cuhdear Bajan

    Maloney: We’re going after their assets
    Throughout the proceedings it was revealed that [Alex] Moore spent his money in strip clubs, luxury items and gave some to relatives, while [Moniladai] Coley [known as Trillioaire Babe on Instagram] purchased a Rolls Royce SUV, numerous diamond encrusted Rolex watches, various pieces of diamond encrusted jewellery, and a variety of designer handbags and shoes.
    Nation, Friday 13 September 2024, pages 1 and 3

  12. Cuhdear Bajanc Avatar
    Cuhdear Bajanc

    A default judgement is not the same as money in hand.

    It seems to me that much of the money was spent on pokey and consumer baubles, therefore none of it is likely to be recovered, because how does one recover money that was spent on sex, on groceries that were eaten years ago, and on now 4 year old shoes, bags etc.

    If I was Mark I would call it a day, call it lesson learned, and not spend fresh new money chasing this old used up money.

    As for the FBI investigating. I dunno. I expect that the FBI has much bigger things to investigate.

    But I am only a simpleton, so what do I know?

  13. David Avatar
    David

    If you read the article carefully you see that MAM2 is seeking justice which is not always, if at all, measured in monetary terms.

  14. Cuhdear Bajan Avatar
    Cuhdear Bajan

    An acquaintance of mine, old and ugly, but the owner of a highly valuable of land on the west coast, lost it and any savings he had to a “beautiful young gal” whom he met on the internet. Ended up destitute and wondering what happened. What happened is that “beautiful young gals” have no use [except financial fraud] for ugly old men. And in truth the persona on the internet is highly unlikely to have been beautiful, young or female.

  15. David Avatar
    David

    Maloney: We’re going after their assets

    By Maria Bradshaw

    mariabradshaw@nationnews.com

    Prominent businessman Mark Maloney has vowed to “take all steps necessary” to go after the assets of the people involved in the COVID-19 vaccine scam which resulted in his company, Radical Investments Ltd. (RIL), losing US$6.75 million (BDS$13.5 million).

    The money was part of US$12 million which was supposed to be used to procure AstraZeneca vaccines for Barbados and St Lucia during the pandemic, but while it was paid the vaccines were never received.

    Through lawsuits in the United States, Maloney has so far received default judgments against the companies involved – Good Vibrations Entertainment (GVE) and Prestige Pegasus – which were responsible for sourcing the vaccine. He has also received a default judgment against Moniladai Coley, the owner of Prestige.

    Last week, his attorneys gave notice to the District Court of California, where a jury trial against Alex Moore, the owner of GVE, was supposed to proceed, that they would waive the trial and instead pursue a default judgment against Moore.

    Maloney has also filed a complaint with the State Bar of California against attorney Charles Stein, who acted as the escrow agent during the transaction. In August the State Bar filed disciplinary charges against Stein alleging that he engaged in a major misappropriation of client funds.

    When contacted, Maloney told the Weekend Nation: “We are taking all steps necessary to obtain the judgments that we need in order to pursue all available options for recovery against the parties and their assets.”

    He also hinted that the Federal Bureau of Investigations (FBI) might decide to investigate. “We will go after everyone for everything they have,” he said. “We need to have these people put in jail and stripped of everything they have to stop them from doing this to people and companies.”

    He added that they were also supporting the State Bar in its disbarment proceedings against Stein.

    Suits started in 2021

    However, the lawsuits which began in September 2021 have not been easy sailing for Maloney, and to date, the businessman has not gotten back a cent out of the US$6.75 million.

    Coley, who goes by the name “Trillionaire Babe” on Instagram, has never been located by the courts to answer the charges despite multiple summonses, all of which were returned.

    The civil lawsuit first started in September 2021 in the District Court Florida with Maloney suing seven named defendants. After several months of discovery and arguments, it was transferred to the District Court California in April 2022 with the list shortened to five.

    It was there that Maloney obtained a default judgment against Coley, Prestige Pegasus and GVE, while the matter against Stein was dismissed following an agreement with the attorney.

    Moore’s attorneys then asked to be excused from representing him, telling the court that he was no longer communicating with them and that he owed them thousands of dollars in legal fees. The request was granted.

    Earlier this year, the jury trial against Moore was transferred to the US District Court Central District California, but after several months of trying to get the case off the ground, Maloney’s attorneys wrote the court and requested that it enter a default judgment against Moore.

    Default

    The application stated: “Please take notice that plaintiff Radical Investments Ltd. hereby requests that the clerk of the above-entitled court enter default against defendant Alex Moore . . . . Moore waived service of process on November 23, 2021, and subsequently answered plaintiff’s complaint. Former counsel for Moore withdrew from representing Good Vibrations, with leave of this court. Moore has been provided with ample opportunity to obtain counsel during the proceedings and in advance of pending trial, and has failed to do so and has been proceeding pro se since August 22, 2023.”

    The letter further advised: “At the final pre-trial conference on August 26, 2024, Moore failed to appear. Plaintiff’s counsel advised the court that Mr Moore has not meaningfully participated in the case in over a year, and that it did not appear that he was interested in defending the action any further, after which the court directed plaintiff to move for default against Moore, the lone remaining non-defaulted defendant.”

    In the pleadings, RIL noted that in 2021, “the country of Barbados was seeking COVID-19 vaccines, but due to shortages in supply was having difficulty obtaining them. RIL, which conducts business in Barbados, was authorised and instructed to procure AstraZeneca vaccines on behalf of the Government of Barbados, Ministry of Health and Wellness.

    “The purchase price for the vaccines was to be US$10 200 000. A commission of US$2 million would be payable to GVE upon delivery of the vaccines to RIL in Barbados. Upon execution of the purchase agreement, RIL was to deposit the US$12 200 000 into an escrow/client trust account. Moore was to provide an invoice from AstraZeneca for one million doses of AstraZeneca vaccines, together with the information for the AstraZeneca account into which the purchase price of US$10 200 000 was to be paid. Upon receipt of the AstraZeneca account information, RIL would authorise the release of the US$10 200 000 to AstraZeneca. However RIL charged that shortly after wiring the funds to the attorney, US$2 million was sent to Prestige; US$4.2 million to GVE; US$40 000 to another IOLTA account, and US$485 000 to a foreign freight company.”

    Throughout the proceedings it was revealed that Moore spent his money in strip clubs, luxury items and gave some to relatives, while Coley purchased a Rolls Royce SUV, numerous diamondencrusted Rolex watches, various pieces of diamondencrusted jewellery, and a variety of designer handbags and shoes.

    Source: Nation

  16. David Avatar
    David

    Monies disbursed ‘in good faith’

    Attorney testifies in US$6.75 million AstraZeneca case

    United States attorney-at-law Charles Stein has told the State Bar of California where he is facing disciplinary charges, that he acted in good faith when he disbursed US$6.75 million to the parties who were sourcing AstraZeneca vaccines for Barbados during the COVID 19 pandemic.

    Stein, an attorney of 15 years’ experience, was the escrow agent/paymaster in the deal which went sour.

    He is now facing the possibility of disbarment following a complaint made against him by Barbadian businessman Mark Maloney, whose company Radical Investments Ltd. (RIL), was seeking to purchase one million AstraZeneca vaccines. Alex Moore of Good Vibrations Entertainment (GVE) and Moniladai Coley of Prestige Pegasus, two US companies, were supposed to be the intermediaries responsible for sourcing the vaccines.

    It was back in 2021 that RIL sent Stein just over US$12 million which included the purchase price and payment for GVE and Prestige Pegasus. However, after realising that the deal was fraudulent, RIL was only able to recover just over US$5 million because Stein had already started to disburse the monies.

    Wrongfully disbursed

    In the disciplinary proceedings, RIL told the California Bar: “In direct violation of the Purchase and Escrow Agreements, Irrevocable Pay Order and his fudiciary duties as a paymaster/escrow agent, and without the knowledge, authorisation, or consent of RIL, respondent (Stein) wrongfully dispersed the payments via wire transfer from his CTA (client trust account), adding that he was only authorised pursuant to the Purchase and Escrow Agreements and Irrevocable Pay Order to release funds to AstraZeneca or Prestige.

    RIL also made reference to text conversations between Moore and Stein where Moore disclosed that the purchase price for the vaccines was $2 000 000 and not $10 200 000, and that he was going to make $8 000 000 on the transaction. He also told the attorney that he would make him a “millionaire” and that he would pay off his personal debt and student loans.

    RIL charged that Stein “in violation of his fiduciary duty as a neutral third-party paymaster/ escrow agent to disclose relevant facts regarding the escrow, never informed RIL that Moore was not capable of delivering an original bill of lading and accompanying invoice for $10 200 000 from AstraZeneca to RIL; that he also violated his fiduciary duties by failing to disclose to RIL that Moore wrote to respondent, who was only supposed to make $24 000 for holding and wiring of the funds in respondent’s capacity as a paymaster/ escrow agent, promising to pay off the respondent’s personal debt and student loans and make the respondent a millionaire”.

    Properly handled

    In response Stein said that he properly handled the funds in his escrow account and that he had “a good faith reasonable belief” that his handling of the funds was in accordance with the Purchase Agreement, Escrow Agreement, and the irrevocable pay order.

    He said he continued to hold $5 474 830.00 in the escrow account since no instructions were provided regarding these funds and that he subsequently returned those funds on the instructions of RIL’s attorney.

    He said he was paid $25 500 as set forth in the Escrow Agreement plus $14 500 from GVE’s proceeds.

    The attorney reported that he urged GVE and Prestige to return the funds to his account but they refused to cooperate.

    The lawyer added that he was surprised to hear that RIL filed a State Bar complaint because the complaint was filed while RIL was litigating a civil suit against GVE, Prestige, and Stein, and while Stein was discussing possible settlement of the case with RIL.

    Pointing out that tendering payment to the seller was common in commercial transactions involving the sale of goods, and that it was common for the seller to disburse payment to other suppliers or intermediaries who facilitate the sale, Stein stated: “There is no clear and convincing evidence that respondent’s conduct was more than mere negligence in interpreting the provisions of the Purchase Agreement and the Escrow Agreement. Any misinterpretation of these documents does not amount to conduct warranting discipline. Should there be a finding of culpability, respondent’s mitigation is extensive and compelling. Dismissal is the appropriate outcome.” (MB)

    Source: Nation

  17. Empress Wuraola Oya. Avatar
    Empress Wuraola Oya.

    Was taxpayer’s money ever used in this Sham. What a well deserved mess. Karma. No one pays attention to default judgements.

  18. Cuhdear Bajan Avatar
    Cuhdear Bajan

    if they are tried and locked up it will likely cost the USA taxpayers more than the money than Mark has lost. So tell me what incentive does the USA have to pursue this relatively minor alleged fraudagainst a non-USA citizen?
    Minor compared to the frauds committed each year in the USA as a whole.

  19. TLSN Avatar
    TLSN

    Should a young girl need an abortion. Would her mother go to a back street abortionist to conduct the operation. I don’t think so!!

    I would have thought that this “sale” was backed by the good ole taxpayer. I am puzzled why Maloney needs to go to court when he is not out of pocket.

  20. David Avatar
    David

    Isn’t it his decision to make?
    It is his money paying legal fees.
    Is that how the legal system works in the US?
    If anyone in the system is flagged in the system those employed within same will do their work to close a file. The US court system should not be confused with that of Barbados.

  21. David Avatar
    David

    @TLSN

    The government has explained tax dollars were not used in this transaction. If you know differently point us to a link. If you are unable to do then leave your fake info at the rh door.

    What we can criticize government on was the lack of procedure exercised with this transaction under the cloak of triggering a state of health emergency law.

  22. Cuhdear Bajan Avatar
    Cuhdear Bajan

    What if Alex and Moniladai are no longer in the USA? What if they are some place(s) which do not have extradition treaties with the USA? What then? How much of the USA taxpayers money should the USA government spend on this for a non-USA citizen?

  23. David Avatar
    David

    If they are not they but Maloney wants his pound of justice then he has to complete and exhaust the legal process.

  24. Cuhdear Bajan Avatar
    Cuhdear Bajan

    Even in an emergency vaccine procurement is best left to those who have experience in the field. To the best of our knowledge Mark had no such experience, and our government officials ALL paid out of our tax money should have know better.

    In a medical emergency which of us would take our sick child to the barber, musician, contractor, or finance expert down the road?

    Stupssseee!!!!

    When we see foolishness we have to call it foolishness, or as the saying goes we must not let people put sh!t in our mouths and have us say “yum, yum, nice chocolate”.

  25. David Avatar
    David

    @Simple Simon

    The missteps by retired most honorable Jeffrey Bostic and the Permanent Secretary were roundly criticized in this space in case you are coming late to the party.

  26. Empress Wuraola Oya. Avatar
    Empress Wuraola Oya.

    But, everyone is ignoring the elephant in the room and the bull in the china shop.

    The ONLY people who could procure AstraZeneca, and if I remember correctly, any other vaccines, was GOVERNMENT…at a knockdown price, 3 bucks per,..that was stated from the very beginning.

    So when a gang of small world turds got together and tried to upstage vaccine procurment, WHILE KNOWING it could only LEGALLY go through government channels, ignored that fact, and proceeded to get RoB-ed by bigger, SMOOTHER first world turds..instead of the taxpayers and treasury, a blessing indeed……what was that all about.

  27. The OG Avatar
    The OG

    “Simon

    The missteps by retired most honorable Jeffrey Bostic”

    I rushed here to defend the good name of a good man. Without a doubt, the blogmaster is fully aware that the Most Honorable Jeffrey Bostic was not a part of this scan/scam/con.

    It appears that he is either suffering from Peyronie’s disease or his testicles shrunk when he had to point in a certain direction direction.

  28. David Avatar
    David

    There is something called accountability. If you are a minister and your permanent secretary signs off on a sweet heart deal with a rogue supplier with the knowledge of the prime minister, unless you resign immediately IF you say you are unaware, then you are part of the problem. Instead Bostic was happy to receive high national honour to keep his mouth shut.

  29. The OG Avatar
    The OG

    Why do you insist on holding on to ground that is indefensible. It well known that the wishes of Mia trumps all others.

    Is it easy to ignore the very large elephant (no disrespect intended) in the room? Deliberately pushed out of the chain of command and yet folks wish to hold him accountable and to give the mastermind a pass
    MIA- Mia Is Accountable/Responsible

  30. Empress Wuraola Oya. Avatar
    Empress Wuraola Oya.

    So why did the prime minister not RESIGN due to being a part of:

    “your permanent secretary signs off on a sweet heart deal with a rogue supplier with the knowledge of the prime minister,”

    Since the radical is a ROGUE, so are his co-conspirators.

    Looking at this statement , wee have to womder why is the pm is not held accountable for these clear breaches of the taxpayer’s trust as a public servant, on the treasury’s payroll.

    It was ILLEGAL trying to go through the backdoor of AstraZena, usibg an adult enteryainment xompany and others to procure vaccine at $12US dollars per when government could call up AstraZeneca and get it for $3US per..

    Why should the Colonel take the fall when they hid to commit their Sham and only when caught trotted out a scape goat..

  31. Empress Wuraola Oya. Avatar
    Empress Wuraola Oya.

    Correction:

    It was ILLEGAL trying to go through the backdoor of AstraZenaca , using an adult entertainment company and others to procure vaccine at $12US dollars per when government could call up AstraZeneca and get it for $3US per..

    Why do people insist on covering up these types of political crimes instead of making sure people know about them on the worldstage and globally.

    How about the next big brain scam…this time people like themselves saved the taxpayers and treasury from massive loss, what about the next time.

  32. David Avatar
    David

    If you feel to give Bostic a pass for respecting the ‘blue line’ go ahead, all it means is that you are a blasted hypocrite.

  33. Empress Wuraola Oya. Avatar
    Empress Wuraola Oya.

    So these ministers “nuh big works cahn happen bout here widout me” under the pm are what, scape goats when the crooked crew get caught scamming the people and island or tiefing loans. ..that’s the optics.

  34. Empress Wuraola Oya. Avatar
    Empress Wuraola Oya.

    How soon we forget, the court document specifically said the radical did the sham vaccine procurement in the capacity of a representavive of the government of Barbados. Bostic did not have that power.

  35. 555dubstreet Avatar
    555dubstreet

    Barbados was too small a market for Covid Vaccine
    Barbados PM Mia Mottley Calls for Solidarity Fighting COVID-19 | Global Goal: Unite for Our Future

    The Prime Minister of Barbados, Mia Mottley, calls on nations to consider the needs of the nations of the Caribbean and show COVID-19 “no surrender, no retreat”, during Global Goal: Unite for Our Future — The Summit on June 27 2020

  36. Concrete Avatar
    Concrete

    I glad as rasshole and how much would have Mia gotten directly or indirectly

  37. 555dubstreet Avatar
    555dubstreet

    Biowarfare ± Covid Conspiracies was ruled out by “experts” as science fiction and not science faction

    The rumors of a lab escape or a bioweapon stem from historical amnesia, a caricatured villain, and good old-fashioned racism.

  38. Empress Wuraola Oya. Avatar
    Empress Wuraola Oya.

    Quick calculations suggests the treasury could have taken at least a 48 million dollar hit, US24 million, when invoiced, based on what they planned to purchase on black market, @4 times the price what Astrazeneca sold directly to governments…..sourcing 1,000,000 doses, the island certainly did not need that much, but, somebody wannabe a vaccine czar.

    St. Lucia was apparently lured to give up millions to buy a pig in a bag, dont know if they got their money back yet…

    …but according to what the vax manufacturerers said at the time, they were not selling so it could be resold, not at US$3 per. Greed played a part in the quick money grab…had they gotten away with it, no one would know, and everyone laughing and smiling all the way to the bank and their supporters admiring, thrilled and gleeful as they are when the treasury is hit 6 and 7 times the amount for medicines purchased offshore for QEH…happening since the 80s, triple invoicing.

    Don’t know how people can sit and watch these white color atrocities, that keeps pushing the people’s progress backward by decades, and dont think the perpetrators should be arrested…just because they admire corrupt politicians.

    I was wondering what they expected the Colonel to do, no radio or newspaper or the lone tv station would carry the news of that blatant crime, what was he supposed to do, i would love to hear. Which commissioner of police would arrest these perpetrators who have used this same modus operandi for many decades. Which DPP was going to review and press charges, which attorney general would present documents for an investigation.

    Time to stop the pappyshow and get serious about ending, not supporting the corruption.

  39. Empress Wuraola Oya. Avatar
    Empress Wuraola Oya.

    Btw..based on what Japan did re investigations on the vax because of their reporting high incidences of deaths, there is a peer reviewed document on their findings. Am sure I saw the video on here hosted by a renowned doctor.

    The document is online and called IJVTPR, a journal. Printable, i got a copy.

  40. Cuhdear Bajan Avatar
    Cuhdear Bajan

    @The OG September 13, 2024 at 3:22 pm “It well known that the wishes of Mia trumps all others.”

    And here it is, simple me, thinking that the wishes of the tax payers, that is those of us whose taxes pays the salaries, benefits and pensions of all Cabinet members ought to come first.

  41. Cuhdear Bajan Avatar
    Cuhdear Bajan

    Once some people no longer have diplomatic passports we will see who travels to the USA and who doesn’t dare to do so.

    I doubt that Donville is the only Bajan of interest to the USA.

    Diplomatic passports don’t last forever.

  42. Empress Wuraola Oya. Avatar
    Empress Wuraola Oya.

    Bonjour

    Donville Inniss told the truth to the federal judge in NYC, although his statement was not admissible.

    Political corruption and these minority private partnerships which helps fuel that corruption has been a staple in Barbados for decades, since the 70s when they upgraded and found themselves with leverage to destroy everything that Black people can use to grow and thrive, it drives poverty, under development and retards progress.

    Triple invoicing the treasury, business people withholding the vat for their personal use, and politicians raiding the pension on the regular, as their own piggybank to fund their private partner scams, ensures the island remains stagnant and the Black population will NEVER RISE, always subservient, in consumer mode, and ultimately destroyed by corruption and thefts generationally. Skimming from the loans taken in the people’s name is another delicate dance of fraud.

    ..it’s amazing black people actually admire these evil crimes against themselves, says a lot about the MISEDUCATION system.

    Those diplomatic passports have always played a major role in all manner of crimes against the people, as cover. The franchise should be removed from the Caribbean, it has become a blight, like it’s political issuers and users.

  43. 555dubstreet Avatar
    555dubstreet

    Perhaps the myth is ‘unity in black people’
    there was no country called Africa
    there were tribes and tribal lands
    there was no black or white race
    divide to rule book of hook crook
    financial trinkets slavery colonialism

  44. Bush Tea Avatar
    Bush Tea

    … or perhaps the Blogmaster should take Bushie’s advice
    … on banning your miserable donkey…

  45. The OG Avatar
    The OG

    “If you feel to give Bostic a pass for respecting the ‘blue line’ go ahead, all it means is that you are a blasted hypocrite.”

    Has the definition of hypocrisy changed? How on earth could one conveniently ignore the participation of an even higher-up and yet speak of hypocrisy.

    With your refusal to point at higher-ups, it has now dawned on me that there is the possibility of Most Honorable Mr Bostic being pressured to assumed responsibility and having to choose to resign.

  46. David Avatar
    David

    Then he should have resigned to help in the fight against those creating the pressure. In a similar situation in England the minister would have had to resign.

    This is part of our problem, because of the bias of school tie or other biases we like to sidestep the real issues. Those at the top will continue to do as they like if underlings are meekly complicit.

  47. The OG Avatar
    The OG

    Kind note to the blogmaster
    I get the impression that the site is not stable as newer comments seem to appear and disappear.

  48. The OG Avatar
    The OG

    “Then he should have resigned to help in the fight against those creating the pressure.”

    Here we see the Bajan characteristic of two men trying to have the last word.
    “Mr Chairman, I will not yield the floor”

    It is not beyond the realm of possibility that he wanted to resign immediately, but was persuaded to hang on because of COVID.

    His patriotism and love of country may have made him to foolishly decide to hang on,
    As you r spirited but failing defense points out, his foolish decision was in reality providing cover cover for the mastermind.

  49. Empress Wuraola Oya. Avatar
    Empress Wuraola Oya.

    Those at the top who have no morals, ethics or integrity and believe stealing from the public is a sport and they are invincible and untouchable should be ARRESTED AND JAILED since they will never resign once weak minds enable, support and admire their evil crimes against Black humanity.

    I spent all morning wondering what kind of degraded minds would admire wicked politicians stealing their birthright and allowing every local and foreign parasites to feed off them generationally and dont go into destructive mode and target these criminals, expose them everywhere. Make sure the public-private partnership of wicked THIEVES have nowhere to hide, that’s what Konscious Black minds could do, apply pressure so they KNOW THEIR TIME IS DONE…not support the crimials and act like they cannot be CAPSIZED..

    But, because of the vaccine sham, the white world will end these lying Judas beasts themselves…tick tock.

  50. Empress Wuraola Oya. Avatar
    Empress Wuraola Oya.

    I received the info on that vax sham court case and immediately made sure those on the continent who should, found out that mam1 and mam2 are two extremely dangerous thieves, con artists and scam generators and should not be allowed to run loose on the continent without intense monitoring….that’s how you treat criminals who have no scruples, and the black face Judases who will never stop selling and selling out Black Afrikan people, or stop trying to enslave us in exchange for small power, money and pretend elite status.

    Play games with this level of pure and extreme evil and see you dont end up in shackles and chains again.

    For people who did not know the muslim arab kidnapped and sold us to the west but once the beast ran out with a scam to resell us to muslim arab again, the slavemind was eager to accomodate and comply, without knowing the history of the subsaharan slave trade that destroyed our Afrikan ancestors…it’s a good thing some of us STILL carry the mental strength and minds of our ancient royal houses.

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