Thomas Charles Franchina is an old Italian/US citizen who is an alleged scammer. He’s been reported so many times, but no one in the US government seems to care because he is a US Citizen.
Thomas earned a Bachelor’s degree from Massillon Baptist College. Then, he started running multiple scams in Vietnam and Singapore.
Thomas Franchina aka Thomas Charles Franchina is a project manager in Vietnam. He is notorious for running the Get Pongo Holdings scam where he didn’t pay numerous staff members anything.
Thomas Charles Franchina is an individual associated with allegations of fraud and scams, particularly in the realm of investments and startups. Reports suggest that Franchina has been involved in various schemes where he allegedly misleads investors and entrepreneurs by promising funding, partnerships, or other business opportunities, which ultimately do not materialize.
Thomas Charles Franchina Is a Scammer !
Thomas Franchina claims to be an internationally renowned project manager. In reality, he is a scammer who hires people but never pays them. Currently, he is based in Ho Chi Minh City, Vietnam. Beware of him!
This is to warn others about him and put him on international radar that he can’t do this to anyone else, get him to pay back the money or put him in jail.
What are his tactics to do the scam?
Thomas Charles Franchina is alleged to use a variety of deceptive tactics to engage in fraudulent activities, particularly targeting entrepreneurs and investors in the startup and investment sectors. Based on reports and accounts from those who have interacted with him, his tactics typically include the following:
Creating a False Persona
Professional Image: Franchina often presents himself as a successful and experienced businessman or investor. He may use titles, create professional-looking profiles on social media and business networking sites, and claim affiliations with legitimate companies or organizations to build credibility.
Impressive Background: He may fabricate or exaggerate his past experiences, including his role in successful ventures or connections with prominent figures in the industry, to establish trust with potential victims.
Offering Promising Opportunities
Investment Promises: Franchina reportedly lures entrepreneurs and startups by promising significant investments or funding. He may claim to have access to large sums of money or connections with wealthy investors who are interested in funding their projects.
Business Deals: In addition to investment promises, he may propose lucrative business deals or partnerships that seem too good to pass up. These offers are often designed to create excitement and urgency, pushing the target to act quickly without thorough due diligence.
Fabricated Documents and Contracts
Fake Legal Documents: Franchina may present forged or misleading documents, such as investment contracts, letters of intent, or financial statements, to make his offers appear legitimate. These documents are often convincing enough to fool victims into believing the deal is real.
Bogus Companies: He might create or use shell companies, complete with websites and business addresses, to give the appearance of a legitimate business operation.
Exploiting Legal Loopholes
Ambiguous Contracts: In some cases, the contracts or agreements he provides might be deliberately vague or filled with legal jargon, making it difficult for victims to understand the terms fully. This ambiguity can be exploited to justify his failure to deliver on promises.
Operating Across Jurisdictions: By operating across multiple states or countries, Franchina may make it more challenging for victims to take legal action against him, as different jurisdictions have varying laws and procedures.
Disappearing Act
Cutting Off Communication: Once the victim realizes they have been scammed or begins to ask too many questions, Franchina may abruptly cut off all communication, making it difficult for the victim to track him down or seek recourse.
Changing Identities: He might also change his name, create new companies, or move to different locations to avoid detection and continue his fraudulent activities under a new guise.
International Fraud Schemes
Global Targets: Franchina’s operations are not confined to one country. He has been known to target victims across borders, making it more challenging for authorities to track his activities and for victims to pursue justice.
Complex Network: He may use a network of accomplices or shell companies in different countries to move money, create layers of separation between himself and the scam, and evade detection.
Manipulating Trust
Leveraging Trustworthy Sources: Franchina might use the names or endorsements of well-known and trusted individuals (often without their consent) to build credibility. This can include falsely claiming to have worked with or been recommended by reputable figures in the industry.
Trust Through Familiarity: By maintaining long-term communication with potential victims and gradually building a relationship, he creates a false sense of trust, making it easier to execute his schemes.
Legal Threats
Threatening Legal Action: If victims threaten to expose him or take legal action, Franchina might pre-emptively threaten them with lawsuits or other legal consequences, using intimidation to silence them.
Misuse of Legal Systems: He may exploit legal systems to his advantage, using legal jargon or the complexity of international law to discourage victims from pursuing legal action.
Thomas Charles Franchina is widely reported to be involved in various fraudulent schemes, particularly in the realms of investment and startups. He allegedly presents himself as a legitimate businessman or investor, promising substantial funding or lucrative business opportunities to entrepreneurs and investors. However, these promises often come with upfront fees or require significant financial commitments from his victims. Once he secures the money, Franchina reportedly engages in delaying tactics, fails to deliver on his promises, and eventually cuts off communication, leaving his victims at a financial loss. His tactics include creating a convincing professional persona, using fake documents, and leveraging trust to exploit unsuspecting individuals. These activities have led many to label him as a scammer.
Any legal actions taken?
There is limited publicly available information about specific legal actions taken against Thomas Charles Franchina. However, individuals and businesses who believe they have been defrauded by him have likely sought legal recourse through civil lawsuits or by reporting his activities to law enforcement agencies. Given the nature of the allegations against him, victims might pursue claims for fraud, breach of contract, or other related charges.
Legal actions in such cases can include filing lawsuits to recover lost funds, seeking damages, or pushing for criminal investigations if the fraud is substantial. However, the effectiveness of these actions can be hindered if Franchina operates across multiple jurisdictions, uses fake identities, or is difficult to track down.
If you’re considering legal action against Franchina, consulting with an attorney who specializes in fraud or white-collar crime would be crucial to understanding your options and building a case.
The recent update of Thomas Charles Franchina
Thomas Charles Franchina is a figure who has been widely accused of engaging in fraudulent activities across multiple countries, including Vietnam, Singapore, and the United States. He is alleged to have set up various companies, such as Pan Asia International, Get Pongo Holdings, and Jamore, through which he reportedly scammed investors, employees, and suppliers.
Franchina’s alleged tactics include luring investors with promises of high returns, failing to pay employees and contractors after they have provided services, and evading legal consequences by relocating to different countries. For instance, after his operations in Vietnam and Singapore were scrutinized, he reportedly moved to Dubai and continued his activities there. Recently, there have been reports suggesting that he may now be operating in Uganda.
Legal actions against Franchina include multiple lawsuits and complaints in the countries where he conducted business. Authorities in Vietnam and Singapore have reportedly been seeking him for tax evasion, fraud, and embezzlement. Despite these legal efforts, Franchina has allegedly continued his operations under different business names, making it challenging for law enforcement to hold him accountable.
In 2024, updates indicate that Franchina is still active and continues to engage in similar schemes. Victims of his alleged scams continue to seek justice, but the transnational nature of his activities complicates legal proceedings.
Recent reports indicate that Thomas Charles Franchina continues to victimize individuals and businesses across various countries. In early 2024, there were updates about his activities, suggesting that he is now operating in Uganda after fleeing from previous bases in Vietnam, Singapore, and Dubai. Victims from these countries have reported significant financial losses due to his fraudulent schemes.
One specific example involves his company, GetPongo Holdings, where employees, suppliers, and investors claimed they were not paid for their work or investments. These victims reported that they were lured in by promises of payment or returns that never materialized. The scope of his alleged fraud is extensive, with over 20 victims reported across Vietnam, Singapore, and India alone.
Franchina has also been linked to a variety of new business ventures that appear to be fronts for his ongoing scams. Despite legal actions and efforts by authorities in several countries to hold him accountable, he has managed to evade capture, continuing to rebrand and relocate to new regions where he can exploit unsuspecting individuals.
These ongoing activities highlight the need for vigilance among potential investors and business partners, as Franchina’s schemes appear to be persistent and adaptable, targeting new victims wherever he goes(Complaints Board).
Conclusion
In light of the information presented, it’s evident that Thomas Franchina is a persistent scam artist, not a trustworthy project manager. He operates with deceit, ensnaring job-seekers in fraudulent schemes. Such scams are, unfortunately, widespread, and Franchina is not the only one employing these tactics.
Another individual known for similar schemes is Boyd Parker, a UK-based scammer who preys on recent graduates with the lure of high-paying jobs that turn out to be commission-only positions. Scammers like these target vulnerable job-seekers, exploiting their trust for financial gain.
To protect yourself, it’s crucial to stay vigilant and steer clear of individuals like Thomas Franchina.
Screenshots
