Cases / Investment funds & advisory
Bean East Corporation
Hanif Hassan Moledina
This entry summarizes public reporting and government filings. Charges and civil complaints are allegations unless a court has entered a conviction or judgment — check the source for the current status.
- Company / entity
- Bean East Corporation
- Industry
- Purported coffee bean supply contracts (personal borrowing)
- How investors were recruited
- Borrowed large sums at exceptionally high interest rates from friends and associates (about 26 lenders).
- Pitch & red flags
- Claimed to have "contracts to purchase coffee beans from suppliers in Columbia, South America, and a contract to supply beans to The Folgers Coffee Company"; none existed
Source
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