Press Release
The Waterfront Group Clears Mac Private Equity of Any Wrongdoing in Forensic Audit
The Waterfront Group, a company with over twenty years of experience in internal investigations and forensic audits, has cleared Mac Private Equity of any wrongdoing or financial mismanagement after an online publication in the U.S. Virgin Islands published sensationalized and unfounded allegations stemming from two lawsuits filed against the company.
Kellerhals Ferguson Kroblin PLLC – a powerful law firm with offices in New York and the Virgin Islands – engaged The Waterfront Group to perform an internal investigation and forensic audit on behalf of their client, Mac Private Equity, Inc., in April 2024.
On May 22, 2024, The Waterfront Group released its audit findings, clearing Mac Private Equity – a small capitalization private equity fund from Delaware that operates a licensed subsidiary in the U.S. Virgin Islands – of any wrongdoing.
“It is the professional opinion of The Waterfront Group that any allegations of financial mismanagement or wrongdoing on behalf of Mac Private Equity, its subsidiaries or its principals are wholly without merit” the report states.
Another section of the report reads, “The Waterfront Group LLC can state with a reasonable degree of professional certainty that under no definition is Mac Private Equity engaged in a “Ponzi scheme” or “pyramid scheme”.
The report cites $59.8 million in assets with $3.1 million in liabilities on Mac Private Equity’s balance sheet, with lucrative investments in blockchain technologies, real estate, hotels and restaurants.
“We are pleased that the report has affirmed what we already know to be true” says Mac McClafferty, Chief Investment Officer of Mac Private Equity. “There is evidence to suggest that the lawsuits that were filed, and the articles that ran by a certain online news publication thereafter, were coordinated in an effort to besmirch and defame both the company and myself for illegitimate and corrupt purposes.”
McClafferty says that the company is reviewing its legal options and may pursue legal action for damages incurred as a result of the frivolous lawsuits and the malicious reporting that surrounded them.
“The people of the Virgin Islands have the right to know that the news they’re consuming is legitimate, and not motivated by private agendas or for political purposes” says McClafferty.
Contact Media:
Annalisa Hodge
Communication & Compliance
Mac Private Equity Inc
annalisa@macprivateequity.com
1-800-480-3401
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
Comprehensive Risk Management: How Barlen Group Safeguards Client Investments
In a significant announcement, Barlen Group has unveiled a groundbreaking risk management initiative aimed at ensuring client portfolios remain secure in today’s unpredictable financial markets. Leveraging advanced AI-driven tools and an expert team of analysts, Barlen Group has positioned itself as a leader in safeguarding investments. As highlighted in numerous barlengroup.com reviews, the company’s commitment to innovation and client satisfaction continues to set it apart from competitors.
Addressing Market Volatility Head-On
Economic uncertainty and market volatility have become the new norm, challenging even the most seasoned investors. Barlen Group’s new risk management platform is a direct response to these challenges, providing clients with a robust framework to protect their investments and capitalize on emerging opportunities.
“Risk management is the cornerstone of successful investing,” stated the CEO of Barlen Group. “Through our cutting-edge tools and personalized strategies, we empower clients to navigate uncertainty with confidence.”
Many barlengroup.com reviews emphasize the platform’s ability to adapt to market fluctuations, offering investors a secure and growth-oriented approach. This initiative further underscores the company’s dedication to proactive risk mitigation.
Innovative Technology for Investment Security
At the core of Barlen Group’s offering is an AI-powered platform that provides real-time market analysis, stress testing, and customized risk assessment. This state-of-the-art technology enables clients to make informed decisions while minimizing exposure to potential losses.
According to recent barlengroup.com reviews, clients appreciate the transparency and precision of the platform. The system identifies risks before they escalate, ensuring that portfolios are always prepared for potential downturns. Furthermore, the technology’s user-friendly interface ensures accessibility for investors of all experience levels.
“Barlen Group has transformed the way I approach investing,” noted one client in a review. “Their risk management tools not only protect my portfolio but also open up new avenues for growth.”
Real Results Backed by Client Success
The impact of Barlen Group’s enhanced risk management strategies is evident in the success stories shared by clients. From reducing losses during market downturns to identifying lucrative opportunities, the platform has proven its effectiveness time and again.
Barlengroup.com reviews frequently highlight the company’s ability to deliver consistent results, even in the face of market instability. One client shared, “I was skeptical at first, but the insights provided by Barlen Group have been invaluable. Their approach to risk management is unparalleled.”
Another review stated, “Their tools gave me the confidence to navigate volatile markets, and the results speak for themselves. I’ve seen significant portfolio growth while maintaining a secure investment base.”
A Commitment to Excellence
Barlen Group’s success is built on a foundation of trust, innovation, and a relentless focus on client needs. The company’s latest initiative is yet another step in its mission to provide comprehensive, tailored solutions for investors worldwide.
As noted in several barlengroup.com reviews, the firm’s proactive approach to risk management ensures that clients can achieve their financial goals without undue stress. “We measure our success by the success of our clients,” the CEO stated. “This initiative is designed to support them in every step of their financial journey.”
Take Action Today
With markets evolving rapidly, the importance of reliable risk management has never been greater. Barlen Group invites investors to experience the benefits of its innovative solutions firsthand. To learn more about how Barlen Group can secure your investments and help you achieve financial success, visit barlengroup.com reviews.
Don’t let market uncertainty hold you back. Partner with Barlen Group today and take the first step toward a more secure financial future.
Company Information
Organization:Barlen Group
Contact Person Name:Adrian Huber
Webiste:https://barlengroup.com
Email:ah@barlengroup.com
State:Zurich
Country:Switzerland
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
The Extinction of Small Used Car Dealerships: A Closer Look at Corporate Exploitation
In recent years, the used car dealership industry has seen a troubling trend: the decline of small, independent “mom-and-pop” dealerships, particularly in inner-city neighborhoods. Historically vital for providing affordable vehicles to underserved communities, these local businesses are increasingly being squeezed out by corporate giants employing unscrupulous tactics. A notable case involving NextGear Capital, Inc., one of the largest lenders to used car dealerships, exemplifies the damaging practices contributing to this trend. This article examines the systemic exploitation faced by small dealerships, particularly through corporate neglect and dishonest management.
Sun Set Auto Corporation, a Detroit-based used car dealership owned by an African American entrepreneur, has become one of the latest victims of this corporate exploitation. Legal counsel Brandon Kizy of B. Kizy Law has filed a formal complaint against NextGear Capital, detailing allegations of fraudulent activities and professional misconduct that have inflicted significant financial and reputational damage on the dealership.
According to Sun Set’s legal team, financial abuse began with unauthorized withdrawals from the dealership’s account, allegedly orchestrated by its own performance manager. These withdrawals resulted in substantial overdraft fees and other discrepancies, with the total damages claimed reaching $255,912.57 under applicable laws for treble damages. These manipulations were not isolated; rather, they formed part of a broader pattern of unethical behavior that has left Sun Set struggling to survive.
Allegations of Racial Discrimination and Intimidation
The case takes a more troubling turn with allegations of racial discrimination and intimidation against Sun Set’s owner. The performance manager reportedly sent racially offensive messages, including an image of chicken wings aimed at mocking the owner’s ethnicity. Such actions fostered a hostile work environment and severely disrupted business operations. Attempts by Sun Set to raise these concerns with NextGear leadership reportedly yielded no meaningful response.
Moreover, the performance manager allegedly threatened to lock the dealership’s account or repossess its inventory, tactics intended to coerce compliance regarding disputed charges. These threats pushed the owner into a corner with little legal recourse, further demonstrating the systemic neglect that plagues small dealerships.
The allegations also raise critical concerns under the Michigan Elliott-Larsen Civil Rights Act, which prohibits discrimination and allows victims to seek compensation for emotional distress caused by such actions.
Escalation of Misconduct: Larceny and Harassment
In September 2023, Sun Set claims that the performance manager coordinated the unauthorized towing of five vehicles from the dealership’s lot, including a 2018 Cadillac and a 2021 Chevrolet Blazer. This repossession was executed without NextGear’s authorization, suggesting it was a personal vendetta rather than corporate policy. A subsequent admission by the manager’s supervisor indicated prior knowledge of the incident, further implicating NextGear in a cover-up.
The situation escalated with allegations that the performance manager attempted to set fire to the dealership’s vehicles in retaliation. In October, several vehicles were stolen, allegedly orchestrated by the same manager, intensifying the dealership’s financial woes and safety concerns. A police report has been filed to investigate both the performance manager’s actions and NextGear’s potential complicity in these incidents.
Legal Action and Accountability Demands
In response to these severe allegations, Sun Set Auto Corporation is pursuing legal action against NextGear Capital. The dealership seeks reimbursement for all funds wrongfully withdrawn, along with treble damages totaling $255,912.57. Additionally, Sun Set is calling for administrative action against the performance manager for harassment, fraud, and theft, and has indicated readiness to subpoena relevant records, including communications related to the misconduct.
A Systemic Problem for Small Dealerships
Sun Set’s plight highlights a pervasive issue within the used car dealership sector. Many small dealerships, especially in inner-city areas, depend on lenders like NextGear Capital to finance their operations. However, when corporate representatives abuse their authority, these businesses find themselves with limited avenues for redress.
The broader implications of corporate neglect include a lack of oversight, failure to address complaints, and a culture of silence that allows misconduct to thrive. Despite reporting issues related to fraud and discrimination, Sun Set alleges that NextGear’s inaction has enabled the performance manager to continue his harmful practices unchecked. The situation at NextGear Capital exemplifies the challenges small dealerships face in an industry dominated by corporate interests. If predatory practices like these are not addressed, many independent dealerships may be forced to close, diminishing affordable car-buying options in inner-city communities and erasing a critical part of the automotive landscape. There is an urgent need for greater transparency, accountability, and regulation to protect these vital businesses and the communities they serve.
Contact details
Website link: www.sunsetautodetroit.com
Company name: Sun Set Auto Inc
Contact person: Dan Wells
Target Country: USA
City: Detroit
Email: sunsetautodetroit@gmail.com
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
GroundedNomad Launches Transformative Retreats and Book to Unlock Playfulness and Creativity
Retreat Held at MUSA Mexico, Blended Healing, Creativity, and Connection
MUSA, Mexico – GroundedNomad, a groundbreaking initiative combining experiential learning, play, and wellness retreats, invites you to explore the depths of your authentic self through their signature program, Activate Your Eternal Child. This innovative approach, founded by Ali—a dynamic leader with expertise spanning theology, psychology, fitness, and technology—empowers individuals and corporations to embrace creativity, cultivate psychological safety, and unlock untapped potential.
To celebrate the launch of her transformative book, An Activation of the Eternal Child, Ali hosted a retreat that marked the beginning of her consulting services and wellness retreats. The October retreat at MUSA, Mexico, promises to extend this vision, creating a sanctuary for participants to heal their inner child, reconnect with nature, and forge meaningful connections.
A Pathway to Healing and Growth
Through the unique five-pillar VIBES methodology, Activate Your Eternal Child offers participants tools to rediscover their vibrancy and chart a path toward self-discovery. Grounded in Ali’s narrative, the program explores themes such as:
- Understanding the impact of trauma and embracing forgiveness.
- Building self-trust and setting boundaries for happiness and safety.
- Reclaiming the power of play and creativity as tools for transformation.
Ali’s work reflects her diverse influences, from Carl Jung’s teachings to Maria Montessori’s philosophy. Her journey, spanning professional boardrooms at Google to transformative experiences like Burning Man, underscores her belief in the vitality of movement, curiosity, and creation.
Join the next Activate Your Eternal Child the October Retreat: A Life-Changing Experience Awaits
The October retreat at MUSA, Mexico, invites participants to embrace this journey of healing and self-discovery in a supportive and inspiring environment. With a focus on playfulness, art, and community, attendees will explore their inner worlds while grounding themselves in nature’s beauty.
This retreat is ideal for those seeking to reconnect with their inner child and ignite their authentic selves. Whether individuals seek to unlock creativity, foster resilience, or simply find balance, GroundedNomad provides a powerful platform for personal growth.
About the Book: An Activation of the Eternal Child
Ali’s book, An Activation of the Eternal Child, serves as both a guide and a mirror, reflecting the reader’s journey toward authenticity. Readers are invited to explore the transformative power of art, movement, and creativity through heartfelt anecdotes and actionable insights. personal work has inspired countless individuals to reclaim their joy and embrace the life they were meant to live.
Reserve a Spot
Spaces for the October retreat are limited. Visit www.groundednomad.me to learn more about GroundedNomad’s retreats and to secure your place in this life-changing experience.
About GroundedNomad
GroundedNomad offers a holistic approach to personal growth through immersive retreats, experiential learning, and play-based methodologies. The platform revitalizes the adult mind by blending art, movement, and psychological principles, unlocking creativity and fostering resilience.
The consulting services offered by GroundedNomad are rooted in founder Ali’s extensive expertise, including her pivotal work with UC Berkeley. This work focuses on equipping organizations to navigate the challenges and opportunities of AI integration while fostering psychological safety and innovation. By prioritizing these principles, corporations can unlock the full potential of their teams and drive forward-thinking solutions.
With AI transforming workflows, how is your company addressing the need to keep employees engaged, creative, and connected?
As AI transforms industries, it opens a unique opportunity to elevate—not replace—our human potential. At Grounded Nomad, we provide consulting services that focus on integrating AI in ways that enhance creativity, well-being, and genuine connection within some of the world’s leading companies, including UC Berkeley, TikTok and Google. Our three-pronged approach combines play, experiential learning, and wellness retreats to revitalize the workforce in meaningful ways.
Here’s how we can support your organization:
- Play: Structured play unlocks curiosity and innovative thinking, fostering skills like teamwork, adaptability, and resilience—all crucial for thriving in dynamic workplaces.
- Experiential Learning: Our hands-on workshops and retreats go beyond traditional training, helping teams transform knowledge into action and build skills that stick.
- Wellness Retreats: Real transformation requires recharging. Our retreats offer teams a chance to reflect, reset, and reconnect, leading to sustainable productivity and a resilient mindset.
With AI handling routine tasks, employees can engage in complex, creative, and deeply human work. GroundedNomad helps companies harness this potential through consulting services that drive innovation, deepen cultural engagement, and promote ethical growth.
Let’s create work environments where people thrive alongside technology
For more on our consulting services, send me a DM. Together, we’ll redefine what’s possible for your teams and organization.
For media inquiries, please contact:
Contact Name: Ali
Company Name: GroundedNomad
Email: groundednomadart@gmail.com
Website: www.groundednomad.me
Target Location: United States + CDMX
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
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