Securities fraud — full exposure reportJDZG / Jiade Limited — Viber group pump & dump — June 2026

A coordinated pump-and-dump securities fraud scheme was run through a Viber group targeting retail investors using JDZG (Jiade Limited, Nasdaq) in early June 2026.

SUSPECTS:

1. Paul Hickey — "Wall Street Club" ringleader

Phone: +1 914-290-9277 (Westchester County, NY)

2. Andrew W. Jeffrey — alert distributor / promoter

Phone: +1 669-355-7162 (San Jose, CA)

3. Jonas Hart — co-conspirator

Phone: +1 763-620-7004 (Minneapolis, MN)

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THE SCHEME IN DETAIL:

Members received a professional-looking "Seventh Monthly Member Benefit Stock Plan" alert:

- Stock: Jiade (JDZG)

- Limit buy at: $57.80–$58.83

- Holding period: 5–7 trading days

- Promised return: "Over 50%"

- Instruction: "Use maximum purchasing power. Send screenshot as proof."

This is a textbook pump-and-dump. They needed to see proof people bought so they knew when to dump.

WHAT HAPPENED NEXT (timestamped):

- Members pressured repeatedly to confirm orders

- Threatened: "Users who fail to follow instructions will be disqualified from the next bonus share allocation and solely liable for losses"

- Mid-session panic message sent: "Please refrain from purchasing JDZG. Cancel pending orders." — the dump was happening

- Next day: denial ("This is not a pump-and-dump"), then renewed pressure ("Today is your last chance to buy")

- June 5: fake compensation promise + silencing threat issued back-to-back

- Peter Ustach already recruiting victims into the next scheme

- Final message: "This promotion has been canceled."

RESULT:

JDZG dropped from ~$57 to ~$19 within 48 hours (-66%).

The stock is down 99.9%+ from its all-time high of ~$30,000.

The company had already done multiple reverse splits (1-for-25 in March, 1-for-10 in June) and repeated dilutive share offerings.

EVIDENCE IN HAND:

Full timestamped Viber chat logs capturing every stage — pressure, threats, panic sell signal, denial, silencing, and shutdown. Screenshots available.

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IF YOU RECEIVED THESE ALERTS, REPORT IMMEDIATELY:

USA:

- SEC (securities fraud): sec.gov/tcr

- FBI (investment fraud): ic3.gov

- FTC: reportfraud.ftc.gov

CANADA:

- Canadian Anti-Fraud Centre: 1-888-495-8501 or antifraudcentre-centreantifraude.ca

- NB Securities Commission: nbsc-cvmnb.ca

VIBER:

- Report the group/users directly in the app

- Email: abuse@viber.com

DO NOT call or contact these individuals. Do NOT engage further. Save all messages.

If they promise compensation — it is a trap to keep you quiet and stop you from reporting.

#FraudAlert #PumpAndDump #JDZG #JiadeLimited #WallStreetClub #PaulHickey #SecuritiesFraud #ViberScam #InvestmentFraud.

The manipulation timeline

Pre-schemeAlert issued: limit buy JDZG at $57.54–$58.83. "Use maximum purchasing power." "Send screenshot as proof." Promised 50%+ return in 5–7 days.

11:49 AMPressure: "Users who have already placed orders at the prices I specified, please let me know."

2:16 PMFollow-up: "Have you placed a pending order?"

3:59 PMThreat: "Users who fail to follow instructions will be disqualified from the next bonus share allocation and solely liable for losses."

4:51 PMPanic: "Please refrain from purchasing JDZG. Cancel any pending orders and await further notice." — dump in progress.

ThursdayDenial: "This is not a pump-and-dump scheme." Renewed recruitment: "Contact me for operational instructions."

1:08 PMFinal push: "Today is your last chance to buy. Do you have time to make a purchase right now?"

June 5Damage control: "We will compensate every member for losses." + threat: "Members transacting privately will be solely liable."

June 5Next scheme seeding: Peter Ustach — "If the application is approved, we will consider future opportunities."

TodayShutdown: "Please do not make any further purchases. This promotion has been canceled." JDZG now -66% from alert price.