Feb. 20, 2022
To Whom It May Concern,
I am one of 9,000+ harmed GTV/VOG investors who transferred money to VOG. On July 21, 2020, Lihong Wei Lafrenz ("Lafrenz") announced that there were more than 9,000 investors who remitted to VOG on Discord. Later on, she intentionally decreased the money she has received from $117millions to $114millions and the number of victims from 9,000+ to 4,500. Her purpose was to try to hide the money . The number of VOG victims and money VOG received mentioned in the cease-and-desist order are much less than the real. The screenshots of her announcements were attached.
I am very grateful for your hard work. Your fast and productive work has helped thousands of victims like me to get our money back from the scammers. Regarding the Proposed Plan of Distribution, I have several comments as follows.
1) I hope that you can refund us at least 80% in the initial tranche.
2) I have a big concern about the Excluded Party. How will you identify the Excluded Party? Do you have any specific plans? As many former employees or associates of Respondent VOG have helped scammer Lafrenz keep cheating victims on social media platforms after Lafrenz has fallen out with Guo on December 16, 2020, they have been rewarded by getting their money back. They definitely should be in the Excluded Party. How can you prevent these people from getting money from the Fair Fund? Will you be planning to take their money back and put it in the Fair Fund? Is it possible to set up a designated email for victims to report them? I believe that victims have a lot of evidence in their hands. Here I can provide you some names of Lafrenz's conspirators: Qisheng Chen, Xin Zhang, Jian Peng, Jianjun Wang, etc.
3) Lafrenz and Guo have all of the victims' personal information, like ID/passport, address, phone number and email address. How can you prevent them from getting money from the Fair Fund with the victims' personal information? I think that the best way to prevent this from happening is to take Lafrenz and Guo in custody before the refund process starts.
4) Are you aware that Lafrenz opened personal accounts with her Chinese name Lihong Wei and Chinese passport? Are you aware that she instructed a lot of victims to transfer their money to the accounts under the name of Lihong Wei? One of these accounts under Lihong Wei is in Wells Fargo, account number is 3522971005. She personally is not the Respondent in the cease-and-desist order. At this point, many victims who transferred their money to her personal accounts under the name of Lihong Wei or Lihong Wei Lafrenz can't get any refunds from the Fair Fund. It's absolutely not fair to them.
5) Are you aware that the money transfer to Lafrenz/VOG was still ongoing after June 2, 2020?
6) Some victims like me have filed lawsuits and got the court judgement. Will these victims be treated as normal victims? Can they get a refund from the Fair Fund according to the judgement?
7) Can you publish the breakdown of content of the Fair Fund? How much is the disgorgement from VOG, GTV and SARACA? How much is the interest? How much is the penalty from every Respondent?
Again, thank you very much for your hard work!
Best Regards,