Court Orders Freeze on Cardiff's Hidden Company VPL Medical
A federal judge has slapped a preliminary injunction on Jason Cardiff and his company VPL Medical, blocking him from hiding assets worth millions in what the FTC says is an obvious scheme to dodge an earlier court order.
Cardiff created VPL Medical as an end-run around a 2018 restraining order that shut down his previous company, Redwood Scientific Technologies. The court saw right through it.
The evidence against Cardiff is thick. Internal VPL documents show he and Bobby Bedi—a former Redwood employee—are the company's sole directors. In an email from his VPL account, Cardiff called the company "my biggest company to date" and said he wanted "super majority shares" and the power to cancel Bedi's stock at will. On a commercial lease application in June 2020, Cardiff listed himself as president, claiming a $25,000 salary plus $500,000 in bonuses.
The government's vendor profiles for both the U.S. Department of Veterans Affairs and Nevada list Cardiff as CEO. That matters because VPL has roughly $6 million in payments or obligations from the VA—money the court now views as frozen assets.
Cardiff's defense was thin. He filed declarations claiming he was just a consultant to Bedi and never claimed to be CEO. The judge found him not credible, noting Cardiff's track record of lying to courts. The evidence showed he helped found VPL, made final business decisions, and controlled the company whether or not his name was on a title.
"The preponderance of the evidence supports the FTC's argument that Cardiff owns or controls VPL," the court wrote on July 7th.
This means VPL belongs in receivership. All its assets stay frozen. A court-appointed receiver already took over the company after an earlier temporary restraining order in June, and a report from that receiver confirmed what the FTC alleged: Cardiff runs the show.
The judge's decision follows a pattern. Cardiff has tried to hide money before. In one instance, he attempted to wire funds to foreign countries in violation of the 2018 order. That history of deception sealed his fate in this case.
VPL Medical is now under court control, its bank accounts locked down, pending the outcome of the FTC's broader case against Cardiff. For anyone dealing with the company, it's a signal that Cardiff's scheme to operate outside legal constraints didn't work. The courts caught him.
🤖 Quick Answer
What is the preliminary injunction against Cardiff and VPL Medical?A federal judge issued a preliminary injunction blocking Jason Cardiff and VPL Medical from concealing assets worth millions. The court determined Cardiff created VPL Medical to circumvent a 2018 restraining order that previously shut down his company Redwood Scientific Technologies, constituting an alleged asset-hiding scheme.
Who are the key individuals involved in VPL Medical?
Jason Cardiff is the primary figure behind VPL Medical, serving as sole director alongside Bobby Bedi, a former Redwood Scientific Technologies employee. Internal company documents and email correspondence reveal Cardiff's controlling interest and his intention to maintain majority voting power over company shares.
What evidence demonstrated Cardiff's fraudulent intent?
Internal VPL documents, email communications from Cardiff's company account, and commercial records established his control. Cardiff explicitly stated VPL was "my biggest company to date" and
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