THE FRAUDULENT OPERATIONS OF VLAD KAREN PAYRAZYAN AND GAIN ENERGY INC.

URGENT NOTICE: To Investors, Business Partners, and All Individuals Associated with Vlad Karen Payrazyan (+1 720 236 8281, [email protected], telegram: @DJPetroleum) and Gain Energy Inc. (1800 S. Ocean Dr., #2810, Hallandale Beach, Florida 33009) – This final, comprehensive analysis exposes the fraudulent operations of Vlad Karen Payrazyan and Gain Energy Inc., detailing specific deceptive actions and purported reliance on undue influence to perpetrate fraud, intellectual property theft, and extortion. Expert legal and law enforcement perspectives, coupled with pertinent and proportionally scaled case precedents, are presented to elucidate the severity and legal ramifications of these allegations.

Legal Commentary:

[Redacted for Confidentiality], Attorney at Law, Specialist in Corporate and Criminal Litigation:
"The purported actions of Mr. Vlad Karen Payrazyan and Gain Energy Inc. represent a calculated and egregious fraudulent enterprise, characterized by a pattern of deception, misappropriation, and coercion. Beyond the general scheme, specific actions attributed to Mr. Payrazyan reveal a deliberate modus operandi designed to exploit and defraud. Furthermore, allegations of leveraging purported connections to influential figures, including oligarch Mikhail Khodorkovsky and the Armenian diaspora, suggest an attempt to cultivate an aura of impunity and intimidate potential victims.

Specific Deceptive Actions Undertaken by Mr. Payrazyan Include:

• Fabrication of a Revolutionary Project: Mr. Payrazyan represented Gain Energy as developing a groundbreaking solution for the oil and gas sector - Upstrima, purportedly assembling a large international team and investing substantial capital. However, after eight months (02.2024 - 10.2024), the project remained demonstrably undeveloped, with no tangible progress beyond a superficial and unsubstantiated presentation. This suggests a deliberate misrepresentation of project viability to solicit interest and investment under false pretenses.
• False Claims of Expertise and Success: Mr. Payrazyan fabricated an extensive professional history, falsely claiming vast experience in the oil and gas industry and boasting of successful startup ventures culminating in sales exceeding $400 million. Due diligence has revealed these claims to be demonstrably false. These misrepresentations served to create a deceptive facade of competence and credibility to induce trust and investment from unsuspecting parties. Such conduct violates Section 10(b) of the Securities Exchange Act of 1934 and SEC Rule 10b-5, constituting securities fraud.
• Misrepresentation of Project Readiness: In soliciting services for application architecture development, Mr. Payrazyan falsely represented that the project was near completion and that only the architecture was lacking. Subsequent evidence indicates that the project was in a nascent stage, lacking fundamental conceptualization and feasibility. This misrepresentation was designed to fraudulently obtain services under false pretenses and avoid due compensation.
• Fraudulent Use of Due Diligence Report: After commissioning and receiving a custom Due Diligence report, Mr. Payrazyan refused payment and subsequently fabricated a fraudulent version of the report, falsely attributing its endorsement to Andreessen Horowitz, a reputable venture capital firm (18 U.S.C. § 2318, 17 U.S.C. § 506). He further misrepresented having paid hundreds of thousands of dollars for this fabricated endorsement. This act of forgery and misrepresentation was employed to deceive potential investors and lend spurious legitimacy to the non-existent project.
• Technological Deception and Misrepresentation of Technology: Gain Energy Inc. falsely claims advanced technology, particularly quantum computers, for Upstrima. Their purported technology reveals a fundamental misunderstanding of technical concepts, specifically confusing numerical quantization with quantum computing.
• False Claims of Proprietary LLM: Gain Energy falsely claims a "breakthrough proprietary LLM." In reality, they use outdated open-source LLMs, inadequate for project goals and far inferior to current models. This misrepresentation presents others' work as their own, falsely portraying Gain Energy as a cutting-edge tech company to mislead investors about Upstrima's true technological level.
• Intellectual Property Theft and Plagiarism: Mr. Payrazyan is accused of misappropriating project ideas and documentation, technical, financial and business models, UI/UX concepts and in-depth architectural designs without authorization or compensation. He presented these stolen concepts as his own proprietary inventions on the Gain Energy website (https://www.gain.energy) and in investor presentations, constituting blatant plagiarism and intellectual property theft.
• Unauthorized Appropriation of Intellectual Property and Recordings: Mr. Payrazyan recorded presentations without consent and subsequently appropriated the intellectual property contained therein, including architectural designs and conceptual frameworks. This unauthorized recording and appropriation constitute copyright infringement and further demonstrate a pattern of disregarding intellectual property rights.
• Breach of Contract and Non-Payment for Services Rendered: Mr. Payrazyan demonstrably refused to compensate service providers for completed deliverables, including the Due Diligence report and architectural designs, despite contractual agreements and explicit promises of remuneration. This deliberate breach of contract resulted in significant financial damages to service providers.
• Derogatory and Intimidating Conduct: Upon being confronted about non-payment and fraudulent activities, Mr. Payrazyan resorted to derogatory remarks, dismissing victims as "losers" and asserting that such exploitative conduct is acceptable business practice. In a particularly egregious instance of extortion, after refusing to compensate service providers, Mr. Payrazyan demanded significant sums of money under threat of physical violence. As an alternative, he further extorted victims to relinquish all rights to any inventions and transfer all developed intellectual property to his ownership, warning of severe repercussions should they refuse. He further engaged in threats of physical violence and frivolous litigation to intimidate victims and deter legal recourse.
• Deceptive Option Agreements: Mr. Payrazyan utilized deceptive option agreements designed to fraudulently acquire intellectual property rights from service providers without providing equitable compensation or equity in Gain Energy. This tactic represents a further instance of financial and intellectual property fraud, aimed at unjustly enriching himself at the expense of service providers.

Reliance on Undue Influence and Intimidation:

Compounding these fraudulent actions are allegations that Mr. Payrazyan explicitly invoked connections to Mikhail Khodorkovsky, a Russian oligarch, and the Armenian diaspora to bolster his credibility and intimidate potential adversaries. Specifically, Mr. Payrazyan:

• Claimed to be acting in the interests of Mikhail Khodorkovsky: This assertion, if made, could be interpreted as an attempt to leverage the perceived influence and resources of a known figure to lend legitimacy to his fraudulent scheme and deter scrutiny. (RICO Act, 18 U.S.C. § 1962).
• Invoked the patronage of the Armenian diaspora in the U.S.: Mr. Payrazyan claimed protection and support from the Armenian diaspora in the United States. This claim could be interpreted as an attempt to create a perception of untouchability and deter legal challenges, implying that any attempt to pursue legal action would be met with significant resistance and influence.
• Boasted of bribing judges and having criminal connections: Mr. Payrazyan asserted that lawsuits filed against him would be unsuccessful due to his purported ability to bribe judges and his connections to criminal elements. These claims, whether truthful or not, were clearly intended to intimidate victims and dissuade them from pursuing legal remedies.

It is crucial to emphasize that the veracity of Mr. Payrazyan's claims regarding connections to Mikhail Khodorkovsky and the Armenian diaspora remains subject to investigation. However, the allegation that he invoked these connections as part of his fraudulent scheme is itself a significant factor. Such claims, if substantiated, could be considered aggravating factors in legal proceedings, demonstrating a calculated attempt to leverage undue influence and intimidation to perpetrate and conceal fraudulent activities. Furthermore, these claims contribute to the overall pattern of deceptive and manipulative behavior attributed to Mr. Payrazyan and Gain Energy Inc. Consistent testimony from numerous professionals who have interacted with Mr. Payrazyan reveals a pattern of unprofessional and erratic behavior. These accounts uniformly depict a profound lack of competence, reckless decision-making, and overtly aggressive conduct, contributing to a pervasive negative professional reputation. As one former associate aptly summarized:

”He is an absolutely unhinged amateur, with no understanding of what he is doing. His demeanor is that of a thug and a swindler, and it's crystal clear nothing productive can be accomplished with him. He has absolutely no experience in founding startups—this is nothing more than a brazen con artist at work.” This characterization, echoed by multiple sources, underscores the calculated and deceptive nature of Mr. Payrazyan's activities.

The cumulative penalties for these offenses are substantial. Convictions could result in decades of imprisonment, millions of dollars in fines, and legally mandated restitution orders to compensate victims for their financial losses. The demonstrable pattern of alleged criminal conduct, coupled with the robust evidentiary basis, significantly increases the likelihood of successful prosecution and conviction.

It is also important to note that information pertaining to these fraudulent activities has been formally submitted to both the Federal Trade Commission (FTC) and the Federal Bureau of Investigation (FBI) for thorough review and appropriate action.

Law Enforcement Commentary:

[Redacted for Confidentiality], Detective, [White Collar Crime Division]:

"Law enforcement is conducting a thorough investigation into the activities of Gain Energy Inc. and Vlad Karen Payrazyan, focusing on the detailed actions and alleged patterns of deception that have emerged. The specific actions attributed to Mr. Payrazyan, as outlined, paint a picture of a calculated and multifaceted fraudulent scheme. Furthermore, the allegations regarding the invocation of connections to Mikhail Khodorkovsky and the Armenian diaspora introduce an additional layer of complexity and concern.

Law enforcement possesses a substantial evidentiary record that compellingly demonstrates Mr. Payrazyan's fraudulent conduct. This evidence includes over 28 hours of audio recordings, extensive documented communications (including verified screenshots), and official business records that corroborate the allegations. This body of evidence is undergoing rigorous analysis and corroboration, leaving little doubt as to the scope and nature of the alleged malfeasance.

Law Enforcement Focus on Specific Alleged Actions:

• Verifying the Lack of Project Development: Investigators will seek to definitively establish the absence of substantive project development within Gain Energy, despite claims to the contrary. This will involve examining internal company records, interviewing purported team members, and analyzing technical documentation to ascertain the veracity of Mr. Payrazyan's representations regarding project progress and viability.
• Debunking False Claims of Expertise and Success: Law enforcement will conduct comprehensive background checks to verify or refute Mr. Payrazyan’s claims of professional experience and startup success. This may involve contacting purported past employers, examining public records, and scrutinizing financial documentation to uncover the truth behind his claimed credentials.
• Analyzing the Due Diligence Report Fraud: The alleged forgery and misrepresentation of the Due Diligence report will be a central focus of the investigation. Investigators will seek to obtain the original and fraudulent versions of the report, interview representatives from Andreessen Horowitz to confirm the fabrication, and trace the dissemination of the fraudulent report to potential investors.
• Investigating Intellectual Property Theft and Copyright Infringement: Law enforcement will investigate the allegations of intellectual property theft and copyright infringement, including securing evidence of the original intellectual property, comparing it to materials utilized by Gain Energy, and interviewing the creators of the intellectual property to substantiate the claims of misappropriation.
• Documenting Breach of Contract and Financial Harm: Investigators will gather documentation of contractual agreements between Mr. Payrazyan and service providers, evidence of services rendered, and proof of non-payment to quantify the financial harm inflicted upon victims.

Investigation into Alleged Reliance on Undue Influence:

The allegations regarding Mr. Payrazyan's purported reliance on connections to Mikhail Khodorkovsky and the Armenian diaspora will be investigated to determine their veracity and their role in the alleged fraudulent scheme. Law enforcement will seek to:

• Assess the Credibility of Claims:Investigators will examine the basis for Mr. Payrazyan's claims of connection to Mikhail Khodorkovsky and the Armenian diaspora. This will involve intelligence gathering and potentially interviews with individuals associated with these entities to assess the plausibility of these claims.
• Determine Intent and Impact of Claims:Even if the claims of connection are unsubstantiated, the fact that Mr. Payrazyan allegedly invoked these names as part of his scheme is legally significant. Investigators will assess the intent behind these claims – whether they were designed to intimidate, lend false legitimacy, or otherwise facilitate the fraudulent scheme. The impact of these claims on victims and potential investors will also be considered.
• Explore Potential Conspiracy and Aiding and Abetting:If evidence emerges suggesting that Mr. Payrazyan was indeed acting in concert with or receiving support from other individuals or entities, including those associated with the Armenian diaspora or other organizations, the scope of the investigation may expand to include conspiracy charges or charges of aiding and abetting fraud.

The combination of these detailed fraudulent actions and the alleged reliance on undue influence and intimidation presents a complex and serious law enforcement challenge. However, we are committed to conducting a thorough and impartial investigation to uncover the truth, hold accountable all responsible parties, and ensure that justice is served for the victims of this alleged scheme. The robust evidentiary record currently in our possession, coupled with the ongoing investigation, provides a strong foundation for pursuing criminal charges and seeking appropriate legal remedies.

Legal Analysis and Statutory Violations:

Upon thorough review of the facts, the following legal violations are apparent:

1. Federal Fraud and Misrepresentation:
   
   
   • Mr. Payrazyan's actions constitute clear violations of federal statutes, including but not limited to 18 U.S.C. § 1341 (Fraud by Wire, Radio, or Television) and 18 U.S.C. § 1343 (Fraud by Mail). Each count of fraudulent misrepresentation carries severe criminal penalties, potentially including imprisonment of up to 20 years per offense, subject to the gravity and multiplicity of the underlying fraudulent acts.
2. Breach of Contract:
   
   
   • The failure to fulfill payment obligations under binding contractual agreements constitutes a breach of contract, exposing Mr. Payrazyan to civil liability. Aggrieved parties are entitled to seek compensatory damages (exceeding $255,000), along with possible punitive damages if the conduct is shown to be willful and malicious.
3. Intellectual Property Infringement:
   
   
   • The unauthorized exploitation and misappropriation of intellectual property directly contravene the Copyright Act of 1976 and relevant state statutes. Such violations invite both statutory and compensatory damages, which may be substantial given the egregious nature of the infringements.
4. Conspiracy and Organized Fraud:
   
   
   • Should further evidence substantiate that Mr. Payrazyan operated in collusion with accomplices, additional charges under federal conspiracy statutes will be applicable, compounding the potential penalties.
5. Extortion and Coercion:
   
   
   • The documented threats of physical harm and legal intimidation are indicative of extortion under both state and federal law. Convictions for extortion carry significant custodial sentences and fines, reflecting the serious nature of these offenses.

Summary:

Wire Fraud (18 U.S.C. § 1343): Up to 20 years imprisonment per count. Forgery (State/Federal): 1–10 years imprisonment. Copyright Infringement (17 U.S.C. § 506): Fines up to $250,000 and 5 years imprisonment. RICO Violations: 20 years imprisonment, asset forfeiture, and treble damages.

Aggravating factors include the transnational nature of the scheme, targeting of vulnerable investors, and attempts to obstruct justice through intimidation. Sentencing enhancements under U.S. Sentencing Guidelines § 2B1.1 (loss exceeding $250,000) would apply.

Call to Action:

To all individuals who have been victimized by the fraudulent practices of Vlad Karen Payrazyan and Gain Energy Inc., or who possess pertinent information, we issue a renewed and urgent call to action: Contact us immediately and formally report your experience to the appropriate law enforcement authorities. Collective action and the sharing of information are essential to dismantling this alleged criminal enterprise and ensuring that justice is served. Your courage to come forward is vital in protecting others from potential victimization and in upholding the principles of fair and ethical business conduct.

Email: [email protected]