A few days ago we
reviewed the USFIA MLM business opportunity
, concluding it to be yet another MLM cryptocurrency Ponzi points scheme.

As part of our review, we noted the appearance of John Wuo on stage at USFIA GemCoin events:

John Wuo is a prominent politician in Arcadia City, California. Having first been elected to City Council back in 2002, Wuo has since served as Mayor for three separate terms.

Following publication of our USFIA review, local media in Arcadia have picked up the story and investigated Wuo’s apparent involvement.

Speaking to Arcadia Weekly, Wuo was adamant

he has no financial interest in and hasn’t received any compensation from the companies connected to Gemcoin, nor is he a Gemcoin investor.

Wuo also insisted he doesn’t “know anything about Gemcoin”.

Which is strange, because he also acknowledged ‘his presence at … Gemcoin promotional gatherings over the last several months.’

So uh what, Wuo attended GemCoin promotional events, spoke on stage and yet he has no idea what GemCoin is?

Riiiiight.

Citing GemCoin promotional material, Arcadia Weekly claim Wuo is quoted as telling Singaporean USFIA investors;

We help resident[s] to solve problems. USA is like other countries, with relationship it is easier to get things through. I can help you.

Wuo denies those are his words.

Suspended disbelief aside, Wuo, who has been in China for two weeks, vowed to clear his name upon returning.

he intends to demand that the cryptocurrency’s marketing department excise his image and statements from the numerous promotional websites.

“When I return I will talk to [Gemcoin founder] Steve Chen and ask him to remove references to me in Gemcoin marketing material,” Wuo said in a phone interview.

Why Wuo is only now going to ask for the references tying him to GemCoin be removed is a mystery.

Wuo meanwhile is good buddies with USFIA owner Steve Chen, having known him ‘
for two years and worked with (him) as a real estate consultant.
‘

But uh yeah, apparently Wuo has no idea what GemCoin is…

Further pushing the bounds of improbability is Wuo also being good friends with Solomon Yang, Chairman of the  US-China Consultation Association (UCCA).

The USFIA website advises the company is owned by (UCCA).

Wuo said he has known Yang for seven years and confirmed the two worked together at Wuo’s now defunct Golden Apple Group International Inc., an Arcadia-based real estate brokerage.

An online business profile describes Yang, an Arcadia stakeholder, as the chairman of Golden Apple and notes his extensive experience with international securities and real estate investing.

Wuo and Chen are described as UCCA board members on the organization’s website and throughout Gemcoin’s plethora of online promotional copy. Solomon Yang is listed as UCCA chairman.

Wuo confirmed his UCCA affiliation and that he has had business relationships with Chen and Yang.

Whether or not Wuo has received any USFIA GemCoin Ponzi money through his involvement i

🤖 Quick Answer

What is the USFIA scheme and who is John Wuo?
USFIA is an MLM cryptocurrency business opportunity operating GemCoin, which has been identified as a Ponzi scheme. John Wuo is a prominent Arcadia City politician who served on City Council since 2002 and held the mayor position for three terms. He appeared at USFIA GemCoin events.

What did John Wuo state regarding his involvement with USFIA?
Wuo denied any financial interest, compensation, or investment in companies connected to GemCoin. He told Arcadia Weekly he possesses no knowledge about GemCoin and categorically rejected claims of involvement with the scheme or related entities.

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