Wcm777

Is a california corporation headquartered in pasadena california at the same address used by wcm and manna source international. 355 s grand ave 2450. A lot of information is provided on the wcm777 website about world capital market but nothing specifically on wcm777.

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Management wise the founder of wcm777 and world capital market is xu ming.

Wcm777. Wcm777 is the marketing arm of word capital market inc a merchant banking and advisory company with locations and joint venture partners in china the united states israel and japan. Defendant xu is the registered agent for this entity. Wcm777 is operated and supported by world capital market and its products the cloud were developed by siemens to. Of the 90 8 million dollars paid in by wcm777 affiliates 72 2 million are recorded losses and 18 6 million was paid out in rois.

The sec alleges that three entities collectively operating under the business names wcm and wcm777 are posing as multi level marketing companies in the business of selling third party cloud computing services which can include website hosting data storage and software support. Ming s wcm777 corporate bio states. Manna holding group llc. International association of better business bureaus inc separately incorporated better business bureau organizations in the us.

361 million in wcm777 victim claims disallowed oct 19 2016 in regulation wcm777 the wcm777 receiver has finally finished forensic accounting on investor losses. On march 27 2014 krista freitag was appointed temporary receiver and on april 10 2014 ms. Wcm777 usa was incorporated on september 25 2013 which is the day after defendants dissolved wcm777 inc their nevada corporation. Wcm777 is a direct selling e commerce company legally registered in the united states.

Freitag was appointed permanent receiver for world capital market inc wcm777 inc wcm777 ltd. D b a wcm777 enterprises inc defendants and kingdom capital market llc. Wcm777 s product offerings are cloud computing services.