People behind Brookfield Investment Funds Plc and Kaloca Inc Investment Fraud

We first wrote about Brookfield Investment Funds Plc when covering AirBnB and Virgin Hyperloop One Pre-IPO scams. This is a non-existent company that claims to be based in Ireland and the United Kingdom and receive payments through "money mules" that are recently incorporated financial companies such as Singapore based Vipco Holding Pte and WELLINGTON YORK PARTNERS PTE. LTD.,  John Jennings law office in Germany, or Kaloca Inc in the US.

Somehow, the scammers are still free to operate but at least the Financial Conduct Authority in the UK and Ireland has finally written warnings about Brookfield Investment Funds Plc "clone firm" that mislead investors by claiming to be an already authorized firm.

Derek Nguyen - Kaloca Inc. CEO

But we have now received more information from a victim of Brookfield Investment Funds Plc scam, who paid to Kaloca Inc., and hired a private detective to look into the matter.

Amazingly Kaloca Inc. company has been registered by a recidivist, Mr. Derek Nguyen, who previously another scam company under the name Kaloca Holdings Inc. He is now CEO at Kaloca Inc, and both companies point to the same, non-loading website kaloca dot com.

Based on investigative work, Brookfield scammers are mostly working out of Northern Virginia with Carl Bryce likely being a scammer on the West Coast, and others are using fake names. Gregory Ellis, who is allegedly working with them, had been arrested in Thailand in 2013, then jailed by the DOJ, but was eventually released from prison and went back to his old trade.

While the walls are closing in on the scammers, various authorities are involved, victims are often taken in a circular loop, where each agency point to the other one to solve the issue. We'll keep you posted if more information comes out. Feel free to contact us if you are a victim, as if more people come together there's a better change to recover the funds.