Scam

Equa Global

Equa Global Blockchain

The crypto industry is seeing a boom in new ventures and startups. This year has seen various crypto-based companies pop up out of nowhere. Equa Global is one of those companies.

Its founder is Shawn Owen. The SEC had fined his last company for lying to its investors. Now, Shawn is back with a new investment opportunity for crypto enthusiasts.

The following Equa Global review will take a look at the various claims this company makes. It will also explain the various red flags present in this “investment opportunity” and point out why it would be best to avoid it altogether:

What is Equa Global?

Equa Global claims to be a cap table management platform. The company offers solutions to startups, private and public companies. They also claim that their solutions are based on blockchain and offer to solve various equity-related problems by using the same. But they are only claims. There isn’t any platform or tools.

The company entered the industry in 2019 and is relatively new in the crypto market. There is a lot of potential in the blockchain sector for growth. Hence, it has been attracting attention from businessmen all across sectors.

Many blockchain scams have started because of the rapid growth in the crypto sector. A recent example is Mogul Productions. The company claims to be a platform to connect filmmakers and fans. Mogul Productions is based on crypto too. But it forces users to buy its tokens to sign up on the platform and use it properly. The token is useless outside Mogul Productions and costs tens of thousands of dollars.

Obviously, that’s a shady venture you should. Equa Global is quite similar to that one. That’s why I wrote this review in the first place.

The main person behind Equa Global is Shawn Owen. He was behind the notorious blockchain company Salt, which faced stringed fines by the SEC. Shawn is the main reason why Equa Global seems like another crypto scam.

Equa Global tries to appear like a genuine Saas company. However, it’s an investment.

The company is spending heavily on promoting itself online. Their goal is to get as much investment as possible. The primary Call-to-Action on their page is “Invest in Equa”

No Real Information on the Website

The website of Equa Global has multiple pages with significant information. Unfortunately, the information present on those pages is irrelevant. Most pages on Equa’s website have nothing but definitions for blockchain terms and concepts. That’s it. There isn’t anything else.

The company doesn’t share much information about what it actually offers. For example, Equa Global claims to be a blockchain company. But its “Blockchain” page doesn’t have any real information about its platform or its features.

Equa global page

This is what you get when you visit their page for Blockchain solutions. There is no data on what their platform is, how it works, and what features it has.

The page only has the definition of cryptography and the benefits of blockchain.

It’s lazy writing.

This issue persists on 90% of the company’s pages. The pricing page and the “Invest in Equa” pages are the only ones that share any data about the actual company. Most others only give definitions of blockchain concepts.

This isn’t what you expect to see from a Saas company. Especially when it’s a cap management service.

I suspect the pages are there to mislead potential investors. They fill the website with mostly useless content. But they make it appear “fuller”. Shawn and his team has kept so many pages that only explain rudimentary blockchain concepts because they want to seem like “experts”.

Their goal is to target gullible investors who want to invest in a future crypto-based company.

Mostly Accepts Cryptocurrencies

I had pointed out earlier that the primary goal of Equa Global is to get investors. The company has a very long landing page for their investment page.

But Equa offers very limited number of options to invest in this venture. The only accepted currency is USD. The rest are cryptocurrencies such as Bitcoin, Ethereum, and Tether.

Equa global scam

Why would a company that wants to attract investments limit their funding options like this?

The reason could be anything. But seeing how Shawn ran an investment scam in the past, there’s a high chance that Equa accepts only cryptocurrencies because it doesn’t want to leave any trail.

You can’t get a refund when you invest through Bitcoin or the cryptocurrencies Equa lists. Moreover, maintaining paperwork with cryptocurrencies is also very challenging. Recently, a cryptocurrency exchange called WazirX received a show-case notice from government authorities because it didn’t document many transactions.

Keep in mind that cryptocurrencies are decentralized and unregulated. There’s a very slim chance to get your money back if the venture goes bad when you’ve invested through crypto.

This is a huge red flag. And it puts the intent of Shawn Owen in question. Remember that his previous company called SALT also accepted investments in only cryptocurrencies and USD. SALT ended up scamming its investors out of $47 million. I’ve explained that in detail in the next section of this Equa review.

Why would a company restrict its investors to use only cryptocurrencies or USD? Especially when it wants to attract investors?

Clearly, there’s something wrong with this firm.

Equa CEO’s $47 Million Scam

Equa boasts of having an experienced CEO and founder called Shawn Owen. Shawn Owen claims himself to be a trailblazer and serial entrepreneur. His bio on Equa’s website says that he has over 25 years of business operations experience. The truth he doesn’t tell in his bio is that his business operations experience isn’t related to the corporate world. His business operations experience comes from his background as a General Manager in a restaurant.

However, that’s not the main reason why Shawn’s leadership is suspicious. His bio says that Shawn Owen pioneered the launch of SALT. It is a crypto-based lending company.

SALT stands for Secured Automated Lending Technology. The company started in 2016 and received $47 million from investors in its ICO. But it was a scam. The SEC gave a cease-and-desist order to the company along with the order to refund $47 million to the investors.

The company made the news for the SEC order. SALT made many lucrative claims about its technology and its use of blockchain like Equa does. It lured investors into its trap by marketing its services aggressively on the internet and online forums.

Notice that Equa is doing something similar with its online PR. The company is paying multiple blogs and PR networks to promote it heavily so it can get investors. It’s obviously the brainchild of Shawn Owen. There’s no denying it.

SALT sold and offered salt tokens to its investors. The salt tokens were necessary to be eligible for getting loans when the company would start offering its service to the public. They were required to access specific areas of SALT Lending’s website too.

The Scam of SALT Lending

In its order, SEC pointed out that the buyers of SALT tokens had reasonable expectations to earn profits. The problem with SALT’s tokens is that the company offered them without any registration statement.

A registration statement is a prospectus that lists every detail about the company. It includes the company’s history, its mission statement, its goals, etc. A company must file the registration statement with the SEC while releasing a public offering.

SALT didn’t issue a registration statement. Moreover, the company changed the nature of its SALT tokens later when it realized it couldn’t offer the profitability it initially promised.

It violated the Securities law 1933. And SEC penalised them for the same. The SEC noticed how Shawn’s company was using online PR to fool investors. So, the SEC ordered them to issue a press release where they admitted their mistake.

Here is SEC’s order:

The reason behind SALT’s high popularity was Erik Voorhes. He is the co-founder of Shapeshift and is a prominent personality in the crypto world. After the SALT ICO, Erik and Shawn had removed their names from the company.

They had already done the damage.

SALT’s Similarities with Equa Global

The case of SALT is quite similar to Equa. Both companies are based on blockchain. And both of them rely heavily on online PR to attract investors.

Both SALT and Equa offer their own cryptocurrencies to their stakeholders. And Shawn Owen in involved in both of them.

SALT relied on the name of Erik Voorhes to appear reliable. Equa relies on the name of Bryan Cupps to seem trustworthy. For those who don’t know, Bryan has multiple US patents under his name and is the CTO of Equa.

The SEC investigated SALT for taking advantage of its investors. There’s a good chance that Equa might require that in the future.

All of this suggests that Equa is not a good investment. The company’s founder launched a crypto scam a few years ago and he is trying to do the same. At least the evidence suggests the same.

Equa Global’s founder is not a serial entrepreneur but a serial scammer. His past venture, SALT Lending’s was caught by the SEC for violating US law. The SEC ordered it to refund $47 million to its investors. Equa’s operation is very similar to SALT’s. Hence, it would be best to avoid it.

The Glorious Marketing Of Equa Global Blockchain: How They Are Luring & Misleading Investor

There are many issues in Equa. But you wouldn’t read about them anywhere.

Just like SALT Lending relied heavily on online PR and paid articles, Equa is also reliant on them to lure investors. Shawn Owen is spending heavily on his company’s promotion on the internet.

You’ll find many articles online that praise Equa as a unique opportunity and highlight its various benefits. All of these articles are on PR sites. In other words, they are paid to praise the company.

Remember that SALT Lending used the same strategy a few years ago when it launched. The company wanted to attract investors. So it paid different blogs and PR websites to promote itself.

Equa global scam
A snippet of Equa’s PR articles

Equa’s PR articles are a little outrageous. And a little misleading.

For example the above article promotes Equa as a blockchain platform that allows creators to make and sell non-fungible tokens (NFTs).

Alternatively, another article promotes Equa as an immutable governance platform. Equa is promoting itself to be everything in one package. It’s a blockchain-based platform for buying and selling digital assets. And it’s also a cap table management solution. Equa is also a token provider.

How can a company be so many things at once?

It just puts Equa under more suspicion. Shawn is also giving interviews on different platforms to mislead investors and convince them to invest in his company.

All of these promotions focus on creating an illusion. Equa wants to appear like a reliable investment opportunity. It doesn’t want people to find out about Shawn’s past. Particularly, they don’t want investors to know that Shawn’s last venture had to refund $47 million.

The PR articles help in burying such important data. So when you google Shawn Owen and his blockchain ventures you wouldn’t hear about his previous scam.

No Equa Global Reviews Or Reddit Threads: Only Biased Opinions & Information Available

Equa Global is a nearly non-existent company. No one is talking about it. Very few people are interested in it.

But it has a significant presence on Reddit. When you google Equa Global Reddit, this is what you get:

However, notice how all the Reddit posts related to Equa Global are from the company itself. The posts don’t share any valuable insight into the company. They also don’t have any engaging conversations.

The Reddit posts are there only to mislead investors and consumers. Just as the PR articles help in defending Shawn, the Reddit posts create the illusion that people are talking about the company.

Not many people are interested in such ventures. But the people running Equa think they can fool people into thinking it’s a popular venture.

Hence, they are adding useless posts on Reddit.

No Equa Global Reviews Exist on the Internet

Equa claims to have many users on its platform. They claim to have over 100 paid organisations and 2500+ members on their cap table management platform.

equa global fake claims
Equa’s claim about having thousands of members. But where are they?

However, there’s no proof of those 2500+ members’ existence. With thousands of users already, Equa should have at least one or two reviews on the internet.

It’s a Saas solution after all. And it caters to a wide range of businesses and organisations including startups and large corporations.

But you wouldn’t find any Equa Global reviews on the internet. Instead, you’d find reviews for various other products and companies that have the Equa name.

equa global review
No Equa Global reviews exist on the internet

Shawn Owen and his team might add Equa Global reviews on different platforms after reading this post. Stay on the lookout for them.

The company has already spent a fortune on paid PR articles. So, they wouldn’t hesitate to buy fake reviews and create another illusion on the internet.

Equa Global Review Verdict: Elaborate Scam

This company has numerous issues. Its founder has a sketchy past. And it’s resorting to very shady and misleading marketing tactics to attract investors.

The last venture its founder launched had scammed its investors. So, it shouldn’t surprise anyone if Equa Global does the same.

All the evidence suggests that it would be best to avoid Equa Global. There are plenty of crypto opportunities in this market. This one isn’t suitable for anyone.

4.1 Total Score
Avoid this investment

Equa Global’s founder and CEO is misleading investors and consumers to sign up on his new platform. His last venture ended up paying $47 million because of the SEC. Equa is similar to that one. Hence, you should avoid getting involved with it at all costs.

2.6Expert Score
Trust
2.5
Product/Service Quality
3
Past Performance
3
Ethics
2
5.5User's score
Trust
5.7
Product/Service Quality
5.5
Past Performance
5.4
Ethics
5.4
PROS
  • None
CONS
  • The company is too many things at once
  • Misleading claims about its products
  • Sketchy ownership
  • Only accepts cryptocurrencies
  • Shady marketing
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24 Comments
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  1. Reply
    Stephanie Weichsel
    July 22, 2021 at 3:31 pm

    Michael – We need an electronic address and physical address to send legal correspondence. I have tried several time to reach out through support.

  2. The crypto criminals seem always to stick together propping up each scam

    https://app.bnktothefuture.com/pitches/anthemgold

    We invested in a gold company only for them to launch a crypto token try to upsell us more on the crypto token scheme, they never marketed or sold more than a few hundred dollars in gold even during the largest run up in gold prices in history!

    Hercules built with anthemgold investment when they sold us on them doing a gold token, but they never tried, then they create a crypto token herc and make anthemgold their first client?
    https://www.businesswire.com/news/home/20181212005199/en/Hercules-Supply-Chain-Blockchain-Protocol-Announces-First-Use-Case-AnthemGold

    Now they got another gold company scheme FlorinGold trying to trade off a brand name and that fake company also has fake reviews you can’t buy from them and they are a direct ripoff of their past schemes with the exact same website.

    Now Shawn Owens who got a huge criminal past with SEC and law enforcement up in Nebraska is supposed to be the trustworthy person holding all our stock? Simon just apologizes that he was suckered by blanchard and company. Owens needs to be real about what hes doing and everyone should avoid giving this guy any money.

    Then the lawsuits started everywhere even nation states

    https://www.offshorealert.com/cayman-enterprise-city-sezc-v-hercules-sezc-ag-herc-inc-cayman-islands-lawsuit.aspx

    Here the FCA has an open criminal investigation into the scheme. Intl. tax authorities are hunting down the stolen funds.

    Now they got another new investment scheme after trying to tell us “its all good the crypto winter was long but we now are in business with a major sovereign”

    Another scam another investment fraud: HeraSoft.com
    https://www.scamadviser.com/check-website/herasoft.com

    Why can’t these people run honest businesses? Why can’t they not lie everytime they open their mouths? We invested our bitcoin and we never got a thing other than seeing them fly around the world and go partying.

    Shawn Owens and SALT scammed us too and now Ownes got himself a gig asking for mo money while promoting his fellow scammers. This is not right. The crypto community needs to avoid these scammers, they will bring down what should be a good thing decentralization, not these centralized scammers.

  3. Fraude. Shawn Owens defraudó a todos con su última empresa y ahora es socio de otros fraudes.

    Una búsqueda rápida en Google muestra lo que será un desastre al hacer negocios con equa.

    Las madres y los padres deben preocuparse por su capacidad para evitar la justicia. Especialmente los cargos de pornografía infantil que dejó con libertad condicional.

  4. This group of crypto criminals conned us with “salt”, we been conned by several of the other “businesses” they now claim to be the holders of the capitalization tables for.

    Shawn Ownens doesn’t respond to emails and once he got your money or really your crypto you arent gonna ever hear from him again, just like all the other companies he claims are using this new “platform” for soliciting the hard working under the guise of investments.

    Do not understand how a person who openly admitted to scamming is allowed to keep scamming again and again.

    They got no real product here and the other companies listed in their platform are also accused of scamming. Wonder why no real startup is using this platform?

  5. 3.1
    Trust
    80
    Product/Service Quality
    50
    Past Performance
    50
    Ethics
    70

    At Anypay we use Equa to manage corporate structure and cap table for our company. The software was very new when we started and has developed over time to become a decently useful tool. My read is that the team is genuinely interested in helping people organize their businesses and raise money. So far I have not yet used any of their nascent blockchain based features however I was rather delighted we can pay our SaaS subscription with digital currency as that is our preferred method of accounting for transactions.

    + PROS: Steady development. Responsive to my business needs. Real support people with whom you can have a relationship. Understand blockchain economy.
    - CONS: Still some manual procecces which need to be automated.
    Helpful(1) Unhelpful(2)You have already voted this
  6. 5
    Trust
    100
    Product/Service Quality
    100
    Past Performance
    100
    Ethics
    100

    Equa is currently running a SaaS model to help bring transparency to the corporate governance and treasury management process. All points listed in this “hit piece” are misleading, untrue and sensationalized lies. We have many clients in the US and several overseas. Any comments on this trash “article” about us not having a real company can easily go to our site and engage with the software for free with the goal of organizing your organizations information. Any comments on us not having a support are a lie because we are available on email, Telegram, WhatsApp and other channels to provide our clients with as much help as possible. I openly challenge anyone to reach out to us directly and we’ll prove that we’re a real company that is helping real startups. Feel free to do so at [email protected]

    + PROS: A cutting edge startup looking to help startups get organized early in preparation for future success.
    - CONS: May not be useful for all companies.
    Helpful(1) Unhelpful(4)You have already voted this
  7. Think everyone should know Shawn Owens has a lengthy record of run ins with the law. Not certain where it all started or why he is allowed to keep running scams and crooked businesses. But ya’ll should know this guy was up in Murray Nebraska where he admitted to his child porn fetish to a priest and then was convicted of child pornography. Did a little google search and wha la … here is the link:
    https://www.wowt.com/content/news/Im-sorry-Convicted-Child-Porn-Offender-Said-After-Sentencing-401208025.html

    Sorry for video recording little girls dressing said Shawn Owens.

    “An affidavit states the priest called deputies who then found Owens had deleted the video. Investigators recovered the video along with 18 downloaded internet images of undressed girls under 16 years old.”

    When you dig into the pasts or many of his “partners” you find similarly disturbing stories.

    Take a look at Shawn’s past with OneCoin and Bitclub too, just more crypto scams.

  8. Total fraud. Hope the SEC is looking into this fraudulent scheme. Fake company stock. Fake claims of partnerships where none exist. Scammer companies they represent from various startups that are known scammers. ICO scams Initial Coin Offerings with fake stock in companies that are not registered with SEC. Wonder how long it will take the SEC to come after this scam artist again?

    SEC already took down Shawn Owen once, they should have barred him for life from running scams. Or at the very least should have barred him from working with other known scammers. Fraud and more fraud, that is all Equa Global is filled with, haven’t seen a real business on this website or at least not a real business that admits to actually be doing business with Shawn Owen. SEC and CFTC need to get FBI and other law enforcement to look under the hood of this scam.

  9. 0.25
    Trust
    0
    Product/Service Quality
    20
    Past Performance
    0
    Ethics
    0

    What a scam. Website claims all sorts of things, but in reality once you deposit money to any of these scam businesses, you find out this is just a house of cards. Have you had a look at any of his “advisers”? Scammer and crook after scammer and crook. No real company here. Just a bunch of fake crap. Have you seen all the broken links and BS trading on the names of big law firms that want nothing whatsoever to do with Sean Owen and Equa Global scheme? Funny how this guy his himself rave reviews, too bad the truth is the entire site is nothing more than junk code and BS scammer businesses.

    + PROS: None that can be seen.
    - CONS: Scammer businesses Fake stock Discredited licensed people signing documents Fake stock Scammer
    Helpful(8) Unhelpful(2)You have already voted this
  10. 5
    Trust
    100
    Product/Service Quality
    100
    Past Performance
    100
    Ethics
    100

    Great website. Great product great people. Sten, and Kelley are amazing and helped me get setup with ease. Definitely in startup mode but growing. Happy to use the product.

    Helpful(2) Unhelpful(6)You have already voted this
  11. Get ready for real subpoenas to fly your way and I will be following through to make sure that the truth about your identity is revealed. Let’s see what this looks like when I come full force and bring your public profile into the public view. Ready?

  12. Yep. Just as suspected. You can’t actually leave any comments on this site.

  13. 5
    Trust
    100
    Product/Service Quality
    100
    Past Performance
    100
    Ethics
    100

    Let’s see if if a little lite on truth can shine light on the facts. Does this site actually allow anyone to do real comments? Let’s find out.

    + PROS: 100% real startup support for real entrepreneur's.
    - CONS: Might not be able to solve all startup problems.
    Helpful(2) Unhelpful(6)You have already voted this
  14. This is a scam. This scam outfit is supposedly handling our stock we got screwed by Anthem Hayek Blanchard and his United Capital Management of Kansas scheme for Anthem Holdings and Hera Software and Development aka Herasoft scam.

    They scammed us out of our retirement funds.

  15. Total scam. Anthem Hayek Blanchard claims stock in all his scams are held with this scammer, go figure.

    Blanchard operates with nothing but fake press releases. No real products or services. No sales

    Herasoft is the latest scam Anthem Blanchard and his mom are pushing also called Hera Software and Development Inc.

    Blanchard also claims a billion dollar capital management company called United Capital Management of Kansas.

  16. Another scammer involved is Anthem Hayek Blanchard and his crypto con game. Herc crypto now called HeraSoft. Scammed the crypto community on herc token from grand cayman islands, now Blanchard and Owen claim to be cyber security experts to capitalize on the ransomware industry notify authorities about Hera Software and Development scam. Herc scam. AnthemGold scam. So many scams you can’t keep up even Peter McCormack spotted all the scams.
    Numetra = scam
    Amagi Metals = scam
    HayekMetals = scam
    HayekGold = scam
    AnthemGold = scam

    Bye scammer!

  17. thank you gripeo. you saved me from making a big mistake

  18. 0.6
    Trust
    10
    Product/Service Quality
    10
    Past Performance
    20
    Ethics
    10

    The company is a definite scam. I just checked out their website and man it was a journey. Rubbish everywhere. Whoever designed that website should be ashamed of themselves for creating such a useless product. And they only accept crypto??? Like, are they even trying anymore? Equa Global can’t get away with being a scam tho. People need to report it to the relevant authorities.

    - CONS: Pathetic website full of rubbish
    Helpful(8) Unhelpful(2)You have already voted this
  19. 0.35
    Trust
    10
    Product/Service Quality
    10
    Past Performance
    10
    Ethics
    0

    Equa Global supposed to have our shares in Anthem Hayek Blanchard’s alleged ponzi scheme, including Anthem Vault, Anthem Gold, Hercules, Lunargistics, Anthem Reserve, Anthem Holdings, United Capital, Dominion Healthcare, Theramind, HeraSoft, Herc crypto, Hera Software and Development Inc. and more. It’s been a decade of company after company with Anthem Blanchard, changing to a new company every 6 months only income is raising money, so figures our stock is all held with such an upstanding company as Equa Global, which appears to be in the business of raising money too. Anthem Blanchard has hired a team of criminal defense attorneys now, wonder why he needs all those criminal defense attorneys? Could it be Anthem Blanchard and criminal gang are sim hacking and phishing people while pretending to run a cyber security company, after pretending to have an ICO (crypto offering) after pretending to have a gold crypto token for the 8th time after running another fractional gold ownership scheme, after having run a fractional gold vault, after having run a over priced gold coin tele sales operation after buying amogimetals and running it into the ground now with no products, after running a failed book publishing company, after running a music production company, after running a bar, after running numetra another ponzi tech company. When will these people stop the scamming?

    + PROS: Slick website design
    - CONS: No service No support Email addresses bounce Seems to only register scam businesses Person signing SEC compliance documents is a suspended FINRA rep
    Helpful(15) Unhelpful(1)You have already voted this

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