Alert: John Monarch has submitted multiple false DMCA takedowns in an attempt to suppress the USA Herald articles. This story has replaced the photo with a photo that does not belong to John Monarch nor can be accused of a derivative work.
The Securities and Exchange commission delivered an early Christmas present to John Monarch last year with a legal action that shut down Shipchain. Monarch, a long-time resident of Greenville, South Carolina, ceased all operations when the SEC served him with the complaint, causing his investors to lose millions of dollars.
This isn’t the first time that John Monarch has run into legal trouble. Thousands of consumers have complained online of having money stolen from them in an alleged bank fraud scheme that we reported on here.
Consumer complaint examples that link back to John Monarch’s Direct Outbound Services:
