Business ProfileforSatdiac Capital, LLC

On June 1st, I signed client undertaking contract with Abou/Satdiac where I put my funds $55,000 USD for monetization of bank instrument for his project. I sent a wire transfer to an IOLTA account on behalf of ********************** for the transaction. **** defaulted on his contract (notice of default sent on 20 June 23) regarding the monetization resulting on my money being completely lost. The transaction was between Abou, a provider (Swiss Security) and a monetizer. I was told there was no risk and I would not loose even a ***** of my money. More than 4 months have gone by with no news. I then reached out to him via email to find out when I will be reimburse and did not get any answer on when that will happen. I was not aware of him defaulting, nor did he communicate with me. He was still pushing to keep my money. Also Abou one of his email response said the parties he was involved with (monetizer) failed to perform. He knowingly knew he did not perform and as a result of his actions, I lost my money. Per our agreement, he agreed to pay $55K plus $200K of damages. Our agreement was only valid for 30 days from June 1st 23. To date, i have not heard from him on when he is going to reimburse me. The last email i sent to him asking for reimbursement was 18 Aug 23. Plus with additional trail of emails, the provider of instrument said him and his associated provided fraudulent bank documents. This is when I also found that he was sent a notice of default from provider on June 20, (just 20 days after I send money) yet had never communicated that to me. The main issue here is it was all a lie, him not being able to perform He is not holding his end of the bargain. This is an act of defrauding me from my funds with ill intentions. Satdiac took the responsibility to reimburse me no matter what and said I would never lose my funds. However we are now in November, after giving him notice to repay me, he has not. His business is complete fraud.