A Filipino prostitute and her pimp Jessa Jane Lugagay have apparently succeeded in defrauding men from the USA and Europe of substantial sums of money over a period of years.

Sereno is said to be part of a larger gang of romance scammers who run their business from a call center in Mindanao. Sereno used to work in a club involved in this business and made up stories that merged and were passed on in different shifts from the call center.

After the first article, countless victims came forward and confirmed that they had similar problems. Among them was a man who she also tried to extort loans from, in parallel with other victims. Sereno repeatedly emphasized that she only wanted to borrow the money she stole from the victims.

In the film shown below, she cries her eyes out because she was supposed to go to prison and quickly needed several hundred euros for an alleged bail. However, it could also be another scam in which she was questioned by the authorities.

Apparently, the gang is travelling all over the Philippines to pick up men from Europe and America. In this context, it is suspected that she and her pimp have literally poisoned their victims with a benzodiazepine. The gang's radius of action extends across the whole of Asia.

She is now practicing presenting herself as a victim. She never received any money. Furthermore, she has done nothing wrong.


Now she is practicing portraying herself as a victim. She never got any money. She did nothing wrong.
One of our German readers, whom we would like to call Otto in this context, told us this story, which is hard to believe if you haven't seen the documents.


The behavior of the gang around Melissa Lonjawon Sereno, who managed to defraud a German of a fortune within a year, is becoming increasingly obvious. But the nice Mrs. Sereno has also victimized other Germans.


Merciless parasite


When asked, Sereno became cheeky. Apparently, call centers based in Davao and their employees around Jessa Jane Lungagay were responsible for the calls on the phone and in the chat.


There were stories that would have immediately struck a normal person as fraudulent, when poor Melissa was supposed to pay, allegedly had to go to prison. The little pizza stand of the tattooed girl with the braces, fires, underlaid with pictures from television in recent years, the army, shootings, the daily typhoons and again and again: "Can I borrow this and that?".


She, a declared supporter of Ferdinand Marcos, was happy to accept the money.


She is now practicing presenting herself as a victim. Furthermore, she never received any money. She has done nothing wrong.



Lungagay had truly monitored the conversations during the Germans' stay in the Philippines, she had filmed everything and is probably also responsible for the images that were taken from the normal television programme to prove the content of the conversations.
Now Otto has filed a criminal complaint in the Philippines, and the beautiful and always eloquent Melissa remains silent.


We have asked her for a statement after she has relieved Otto of more than 80,000 euros within a year.


"It's true you don't love me even a little???? because me 100 percent I do love you verry much???? I wish you all the best in life mahal I hope you can find the right one for you who will love you unconditionally and take good care of you.... I wish that's me but will never happen anymore,????thank you so much that I feel how special I am and respect me,, thank you for being good to me in for 16.months thank you so much..I am sorry if I always message you even you don't like to hear from me.... I wish you can give me a second chance????I will do my best that your trust and love will be back ???? mahal you can make me a slave a maid I will do everything to you just to be with you ???I really love you."


How and if she wants to pay back the money is not known.


Like all scammers, she said: Bye-bye, baby.


Singing pretzel stand

With ever new stories that she invented to get money. In fact, there was one encounter that particularly appealed to the enamored Otto. But Melissa, who was always sitting bored on the sofa and engrossed in TikTok, didn't miss the opportunity to play her role in this play, which she mastered perfectly.


But Melissa, who was always sitting bored on the sofa and engrossed in her TikTok, couldn't resist playing her part in this play, which she mastered perfectly.


Driven by hatred of LGBTs, driven by a never-ending greed for money and ever new stories. When she convinced Otto that she had never been to Malta and that her house was not haunted, the romance ended abruptly. Otto had paid a lot of money for it.


Jessa, who always had her camera to hand to shoot films for the next victims, enjoyed herself in her XXL body.

Of course, like Richelle or Angel, she was a brutal perpetrator who only let Otto come to the Philippines to do business. To be able to sell the films and pictures with Otto so that someone else would fall in love with the likeable man and cash in again.

The setting was perfect, tropical palm trees, the sea, exotic scenery. She wanted to marry him. When he drove away, the farewell song was loud (Our Daddy is going home), the lying Melissa was still shedding tears.

We want to publish the whole lying chat with this person and show the emotional wounds she inflicted on her victim.

Just as a warning to others, of course. That is why we are anonymizing the scam.

There will be a long article about it, but we wanted to report on it now so that the space that has become available is not taken up by someone who might fall for the scammer.

It is also important to know who knows the people in the scammer context?
Who has experienced similar things with these people?

Money laundering professionals at work?

Again, the trail leads to Gibraltar through many mistakes and confusion of whole mailbox batteries.

Did the managers of Wirecard prepare the money laundering of the international narcotic trade and the darknet for different crypto-currencies?

Did Wirecard already launder money for the international drug mafia via the Dubai branch?

Oliver Bellenhaus, who seems to be involved in a whole network of unrelated companies via various British firms (we reported) could provide excellent information on this. After he arrived in the Federal Republic of Germany, he too is in custody on remand. In 2010 and 2015, Wirecard came under investigation by the Munich public prosecutor's office on suspicion of money laundering. Nothing happened of it.

 Now, however, things look different.

The US authorities are currently accusing Ruben W. of having installed fake sites via such a "complex network" of letterbox companies and online payment service providers and of having found a way to sell marijuana illegally in violation of the SAFE BANK Act throughout the United States, as reported by the Wall Street Journal. 

When Ruben W., who lived in Luxembourg, was arrested and people close to Wirecard tried to get the fallen star of the Californian marijuana scene out on bail, numerous institutions listened carefully. Once again, the traces lead to well-known trusts in Gibraltar, as one can hear from the scene.

Various investigators are currently investigating the question in the USA, Singapore and the Philippines.

End of a time travel

Now the Management Board of Wirecard must have decided to file for insolvency proceedings given the threat of insolvency. No journalist can see through Wirecard’s corporate network, which is designed like a bulwark, and no one can say what happened on the Philippines, in Singapore and Dubai’s letterbox batteries. 

Investors are amazed at the rapid decline in the price of the shares, which allegedly arrived at Zero. Billions in assets have been burned. The Bank of America lowered its outlook to $1 per share, which would mean that the stock would soon reach the penny-stock range. However, the stock isn’t worth that much more. EY, as an auditor, assumes that Wirecard was involved in large-scale fraud. The brutal and partly inhuman suppression of investigative journalism towards the Financial Times by the German BaFin speaks volumes about the understanding of subjecting Wirecard to state control. The despicable lucre justified every transaction that was supposed to make investors richer. It did not matter whether Rami El Obeidi, the “secret service chief” of the Libyan National Transitional Council after Gaddafi was involved in strange financial flows. In this context, it became known that Wirecard also started to spy on critics. 

According to information from several agencies, Jan Marsalek, who is now wanted with an arrest warrant, intends to turn himself into the authorities in Munich. Marsalek is also speculating on a deal with the public prosecutor’s office to escape a possibly long period of detention. Meanwhile, Marsalek, who acts as a phantom, is said to be in China. 

Watching with history

Meanwhile, the omissions of recent years are becoming increasingly evident. It is impossible to explain to any of the investors why no action was taken when the connection to Wirecard became apparent in 2017 in the “Paradise Papers”. Even back then, it was all about illegal online casinos, offshore gambling providers and the trail into the darkest corners of the Internet. In 2008, Markus Braun had to vehemently advocate that the balance sheets were in order, as rumours were growing that something was wrong with the Aschheim-based company.

Wirecard was the brutal, unbridled capitalism of the dotcom awakening, which was able to make the most of financial slaves such as Gibraltar and Andorra or Liechtenstein. Wirecard developed into an economic system within the financial apparatus. In the beginning, it was only about the billing of pornography, which was downloadable in 1999, and the beginning of online gaming, which boomed from the end of 2004. In the streets of Gibraltar, the company founders and trustees recommended Wirecard as a solution for any profit maximization. 

It was no secret that falsely registered prepaid credit cards from gas stations were also used for criminal business. Wirecard did not care about this fact. Thus, bundles of cards loaded with 100 euros from the gas station could be used for transactions that made Wirecard rich. 

Those who spoke against this were quickly brought into Wirecard’s reality, into a vacuum without laws. That was tolerated. Or those that the former KPMG manager Markus Braun had made his own. Big questions about where the investment of the foundation of the DAX group came from were wiped away or suppressed. Nobody had anything to want. Over the months and the following years, many journalists realized that money had been provided for the initial business from gloomy sources. 

Since then, twelve long years have passed. Nothing happened, at some point, the scene calmed down. The trail already led to Gibraltar. Braun was able to wipe away the pressure that was weighing on him in 2008 with a memorable interview.

But now it looks different.

However, one wonders how it could have come to the point where the prepaid card broker Wirecard was able to lead Commerzbank and Landesbank Baden-Württemberg (LBBW), the Dutch ABN Amro and the Dutch ING by the nose. In this context, Wirecard today looks like any other pyramid game.

Questions about questions remain

Have funds been laundered via cryptocurrencies from offshore paradises?

Also, Crypto.com, where you could allegedly pay your credit card bill with Bitcoin, as well as TenX, will have big problems. 

We remember that the trail of Julian Hop’s TenX led to the trustee densely populated mailbox paradise at the southern tip of Spain: In early 2018, the company WaveCrest, which managed the VISA license in Gibraltar, collapsed. TenX was without a permit. What ultimately led to a cooperation with Wirecard is not clear.

 It is unusual in this context that the first official measures against Wirecard were taken in Singapore. People did not sleep there.

Here, too, the question remains, was money laundering carried out via BitCoins and the celebrated BitCoin card trick?

Why the people of Aschheim embellished, their balance sheets can only be explained by money laundering. Wirecard was a Trojan horse without reins.

Jan Marsalek is wanted

Marsalek was Braun’s “right hand” and is currently supposed to be in the Philippines. Unfortunately, nobody could be reached at the Wirecard press office. Whether Marsalek is the mastermind behind the countless forged documents can neither be denied nor affirmed.

At least Jan Marsalek or a trace of him is being sought there. Even the Minister of Justice of the Philippines commented on this; apparently, Wirecard has been declared a matter for the boss.

The Philippine Minister of Justice Menardo Guevarra stated that he had commissioned the authorities to investigate. The Southeast Asian state does not have an extradition agreement with the Federal Republic of Germany, which would possibly mean that Jan Marsalek would be exposed to the justice of the Duterte dictatorship. In a country in which human life counts for less than the whims of a dictator, Marsalek would be well advised to return to Germany and provide the authorities with information about the Wirecard Bank’s involvement.

What a coincidence to think that the busy family law expert Mark Tolentino is about to get new bank statements. Marsalek had already entered the country once in March for two days and is now back there. The Philippine authorities are also investigating the bank and are probably looking for the billions in the dictator Duterte’s empire. The Philippine Central Bank stated that the missing funds could not be found in the country’s financial system.

As the Board of Directors of the Philippine banks in Manila told the Manila Times, neither BDO Unibank Inc. (BDO) nor the Bank of the Philippines Islands (BPI) did not find the missing billions, whose name was only used to cover the traces, Governor Diokno said. It remains to be seen whether one can believe that. Another simple question is whether accounts of real customers were falsified to use their names for money laundering. In this context, the air bookings researched by the British “Financial Times”, which Wirecard is said to have carried out to make sales look higher, are said to have given a boost. These bookings were directed through various points. 

Thrillers in Manila and Singapore

Diokno added: “The head of the Central Bank noted that both banks had informed Ernst & Young, Wirecard’s external auditor, that the documents confirming the existence of the alleged funds were ‘false’.

He went on to say, according to the Manila Times:

“The document claiming the existence of a Wirecard account at BDO is a forged document and contains forged signatures of bank employees,” BDO said in a statement released over the weekend. And: “Your external auditor has presented us with a document claiming that they are customers. We have established that the document is false. We are continuing to investigate the matter. “

Meanwhile, the Straights Times in Singapore reports that it learned from an unspecified source, through the Reuters news agency, “that Wirecard is also considering selling or closing parts of its business, but that the creditor banks are not interested in an emergency sale, especially since litigation could deter buyers. Besides, Straights Times business editor Choo Yun Ting explained that the Singaporean public prosecutor’s office announced in March last year that eight Wirecard subsidiaries were under investigation as part of a criminal investigation for alleged counterfeiting, falsified documents, money laundering and the release of funds to support false transactions believed to have taken place between 2014 and 2018. Roundtripping involves the falsification of turnover and profit by sending money to a third party who then uses it to buy goods and services from the sender under the pretext of a genuine trade”.

Again, in connection with gambling and options, a programme of effective money laundering has been developed.

It is urgently necessary that the German BaFin prohibits Wirecard from doing any further business.

Former CFO Braun was arrested on suspicion of falsification of financial statements. On Monday evening he surrendered to the authorities in Munich after he learned that the Public Prosecutor's Office 1 in the Bavarian capital had applied for an arrest warrant against him that morning.  

Now, after the Herstatt Bank, 1974, one of the biggest financial scandals in German post-war history is unfolding.

If it is not the biggest, questions remain as to how it could be that a country like the Philippines could be involved in financial transactions of this magnitude, which maintains death squads and has killed thousands of innocent people as drug dealers and others.

Dictators and the Mafia

Currently, the busy corporate lawyer Mark Tolentino does not appear to be in Makati City. The former minister under the pseudo-ruler Duterte with a penchant for quick and plentiful executions had disappeared without a trace. Duterte had fired him some months ago. Where to go or with whose money, that is not yet clear. Meanwhile, he let it be known that he wanted to get new bank statements. 
Whether the dubious family lawyer is even able to prove the whereabouts of the money is not clear either.

In the streets of Andorra, people had known about the highly functional money-laundering opportunity Wirecard for a long time. In the alleys of Gibraltar, too, they had been aware of the convenient way of circumventing any laws against money laundering for many years.

There was the Banc de Binary, a dubious option company that promised daily increasing profits, and online casinos that gave Wirecard as an insider tip on money laundering. Some customers even claimed that it was only through Wirecard that they became victims of the machinations of Banc de Binary in the first place.

Thus, transactions with high returns, i.e. the purchase of non-existent goods with dirty money, became the hobby horse of many ex-brokers on the grey market. The linchpin -Wirecard. In February 2020, EFRI filed criminal charges against Banc de Binary for money laundering in more than 700 cases in connection with Wirecard. This seemed to be a marginal note these days. From here, traces reach as far as Cyprus.

Whiter than credit cards from a petrol station only Ariel washes

The shareholders of Wirecard Solution Ltd. are caught up in a complicated web of companies, mailbox and offshore solutions, apparently steered by Newcastle Upon Tyne.  How this escaped the German supervisory authority is a complete mystery. And this mystery will be even more challenging to solve than to search and find the missing billions.

Thus, among the directors of the English Wirecard group, another connection to the investment half-world emerges Thomas Michael, Richard Jennings. He owns Yar Ltd Afton Manor, Freshwater, Isle Of Wight, PO40 9TW. Behind this façade is supposed to be a consulting company, which was founded on February 14, 2002. A stately home is revealed under the address, which could have originated from a  heartache literature effusion—the ideal world of financiers and consultants.

It soon became evident through a lawyer specialising in commercial law, Jesse Douglas & Aaskells Solicitors, Room 1 Sigma Business Center, Harrow, Middlesex, HA1 1LJ, whose client had been advised to use a bank account issued by 'Wirecard Card Solutions Ltd' and operated by another company called 'Marq Millions Ltd', that something was rotten with the German start-up. That was 2018.

But who is Marq Millions Ltd.?

Wirecard Ltd.'s operations in Singapore, 2019, were tainted with announcements and the high art of forgery and deception. During the authorities' investigation of the Singapore office of the online payment service provider, the local police had found evidence pointing to "serious counterfeiting and fake accounts". As written, 2019, not last week when the family rights activist with a penchant for dictators was sought on the Philippines. Now Wirecard applied for a license in Singapore to continue the business. 

Mailboxes, offshore companies and money laundering facilities are said to have been the actual core business of the Aschheim-based company. One is astonished that this business was doing well for so long. Card Systems Middle East, based in Dubai, was just one of the strange business partners of the Aschheim start-up friends. In 2019, Bellenhaus still refused to reveal the identity of Al Alam Solutions FZ LLC. in Dubai, which was later closed due to damage to its reputation. The greed of the Wirecard people was unbearable. Years ago, one could already read in several forums that money disappeared without a trace and never reappeared. This issue seemed to be part of Wirecard's business model. 

At the time, the public prosecutor's office in Munich did not see any evidence for investigations.  

Part 2 Frayed Business