in az

Phoenix, AZ

#43 Aug 22, 2009
anything going on with this case?
Dezert Heat is a fraud

Scottsdale, AZ

#44 Aug 23, 2009
Robbed - I too lost money in one of Miko Wady's scams after trusting some intermediaries of his who vouched for Miko and his supposed long-term successful enterprises. Hindsight is wonderful -- yes, I should have been more diligent.
That said, all I've heard for the past 2 years is excuses and finger pointing that Miko is the bad guy, but I have not seen or heard any specific action by law enforcement against Wady and his associates.
Are any law enforcement agencies actually investigating Miko Wady? If so, does anyone know who I should contact if any agency is actually investigating Wady, et al? I don't expect we will ever see our money but if Miko and the others get indicted, at least we can legitimately claim a Section 165 fraud loss on our taxes and get a tax credit for some of our investment losses - similar to Bernie Madoff's ponzi scheme victims.
looking for miko

United States

#45 Aug 24, 2009
Miko and Jennifer Wady were raided by the FBI on 10/01/08 at their home at 2205 E. Taurus Pl. in Chandler (the house was purchased with funds Miko acquired from his Ponzi Scheme - it has since been foreclosed). I do not know what else, if anything, the FBI is doing with Miko. I also know that two other governmental organizations are at least aware of Miko's Ponzi schemes. Frederick Battista at the United States Attorney's Office and Susan Segal at the Office of the Arizona Attorney General have both been told what Miko has done. I do not know if either of those two offices is pursuing him. I also do not have any idea, at all, of where Miko is currently living. Nor do I know the name of the woman with whom he is currently living. If anybody has those bits of information, please share them.
Watchdawg

Santa Clara, CA

#46 Aug 24, 2009
I just seen this guy about 20 minutes ago at the Rio Hotel Casino here in Las Vegas. He was dressed kinda plain but he did have an AZ license "miko dion wady" with a chandler address.

He also has a diamond card which is the lower tier of high roller status for harrah's
Dezert Heat is a fraud

Scottsdale, AZ

#47 Aug 24, 2009
Looking for Miko -

Thanks for the update and governmental agency contact names. I will call them this week, as well as the AZ Corp Commission & State AG's office. Probably won't do any good, but at least it will be another person on record as having been defrauded.

I can't understand how someone can steal millions of dollars from individuals and law enforcement turns a blind eye.
Another Miko Wady Fraud

Scottsdale, AZ

#49 Aug 24, 2009
Sorry - here is a direct link to the recent AZ Corp Commission action regarding another one of Wady's frauds: http://images.edocket.azcc.gov/docketpdf/0000...
Another Victim

Phoenix, AZ

#50 Aug 25, 2009
Dezert Heat is a fraud - also talk to Rick Miranda, FBI agent in Phoenix. Apparently they have been investigating him for over two years - I can't believe he is still out there doing this to people! A PTA secretary or an office worker steals $5,000 and it is in the news and she is arrested within weeks. Give me a break - why can't they nab Miko! And if he is in Vegas high rolling - he is spending someone's money and having a good time doing it. It is so frustrating. I just keep thinking the law must be working up this fool proof case against him and his band of thiefs but every day that goes by it looks more and more like he is just getting away with it. Has anyone contacted a news reporter? I know they did stories on Miko and the Cundiff's over a year ago but i never really saw any follow up from those stories. Maybe there is some reporter who would like to have some front page stories about Phoenix's own version of Bernie Maddoff. I think the public would be outraged that law enforcement has known about his scams for several years and just let him continue to defraud citizens. I would especially be upset if I had just recently invested. I am upset enough that they knew about him when I invested two years ago - had they done something then a lot of people would still have their money. If anyone has any ideas please post them.
Dezert Heat is a Fraud

Scottsdale, AZ

#51 Aug 30, 2009
To AADOC -
If you truly work for the AZ Corp Commission, thanks very much for your efforts. You reference Jolleen Hansen and Thomas Blackwell who it appears are two people Wady used to raise funds for his concert promotion ponzi schemes.
Unfortunately, the enforcement action the AZ Corp Commission recently took (July 31, 2009) against Hansen and Blackwell is just the tip of the iceberg of Wady's frauds. My funds were raised by other agents working with Wady -- completely unrelated to Hansen and Blackwell. My understanding is that Miko Wady ran this same concert promotion ponzi scheme through a number of different representatives in AZ and other states. The people I invested with supposedly raised over $30 million and turned it over to Wady - in AZ alone. They are not listed in the AZ Corp Commission's action.
I called the AZ Corp Commission and the investigator I spoke with didn't seem to be aware of the Miko Wady case and wasn't interested when I told him that the action the AZ Corp Commission took against Hansen and Blackwell covers at a minimum 1/10 the magnitude of Miko Wady's fraud in AZ. Other investors have lost a minimum of $30 million additional to the $3.2 million the Commission references in its action.
I plan to file a formal complaint this week against the brokers that got me into this mess with the AZ Corp Commission and suggest that others who were defrauded do the same.
isw

Scottsdale, AZ

#52 Sep 3, 2009
He has an acompliss by the name of Mario Reed that also doesn't pay for all of his kids.
Does anybody know his wherabouts???
Victim-1

Chandler, AZ

#53 Sep 4, 2009
Who is Mario Reed? And how do you know he dosent take care of his children? Miko will get eventually caught and pay for his crimes!!
REAL ISW

Chandler, AZ

#54 Sep 4, 2009
isw wrote:
He has an acompliss by the name of Mario Reed that also doesn't pay for all of his kids.
Does anybody know his wherabouts???
How SILLY.. This is the real ISW and I didnt write that statement above and who ever did is the real piece of SHI*! That is not true and I know exactly where to find him!!! A whole lot of people have been drug into this with out any knowledge that all this MESS was going on. Any other questions honey?
looking for Miko

Redmond, WA

#55 Sep 5, 2009
Why doesn't everyone that knows where to find Miko Wady, turn him in.... instead of wasting time by writing on this blog????? It sounds like sooo many of you have info... give it to the authorities and let them handle Mr. Wady and his entourage...... he has upcoming court dates if you look on maricopa.gov put in his name for civil and family and u can see when and where he should be in court.... the next date is 9-17-09 and then 10-1-09 and 10-02-09...... good luck and lets all work together and get this man off the streets
PTP

Redmond, WA

#56 Sep 6, 2009
Who wrote Mario Reed doesn't pay for his kids? U are so lame. If you have nothing to do but blog bs, then u are a lame.
in az

United States

#57 Sep 14, 2009
Look these type of cases will take a few years before the Gov goes after Miko. First the civil case run their couse, the the criminal case. I can't imagin federal violations not being tried in court. This guy and jennifer will someday goto jail
in AZ 2

Phoenix, AZ

#58 Sep 22, 2009
He and Jennifer will go to jail 1 day!!!....... But with everyones help you could help turn Miko in that much earlier and we can have 1 less Liar/Deadbeat walkin the streets!!! Is he really paying you people THAT much $$$ to keep him a free man????? Do the right thing and contact the authorities....
in az

Phoenix, AZ

#59 Oct 3, 2009
check out Jennifer Savage Wady on facebook. I dont thing her friends know that she help spend other people's money. Let everyone know. I don't think you can be married to someone and not know something. Now she is tring to play the "i didn't know" card.
Dezert Heat stole from me

Scottsdale, AZ

#60 Oct 4, 2009
Interesting comments above. I too had $$ stolen from me in the Miko Wady concert promotion Ponzi scheme. Per the above note, I recommend that if you had funds stolen, you contact the AZ Corporation Commission's Securities division and file a formal complaint. Let's get enough people making noise so the authorities take this seriously.

By the way, if you file a complaint with the AZ Attorney General's office, they will just pass the buck and forward your complaint to the AZ Corporation Commission - so may as well start there.
FBI

Las Vegas, NV

#61 Oct 8, 2009
???
FBI

Las Vegas, NV

#62 Oct 8, 2009
He is in Las Vegas and was staying at the Harrahs.
concerned person

North Las Vegas, NV

#63 Oct 8, 2009
looking for miko wrote:
Miko and Jennifer Wady were raided by the FBI on 10/01/08 at their home at 2205 E. Taurus Pl. in Chandler (the house was purchased with funds Miko acquired from his Ponzi Scheme - it has since been foreclosed). I do not know what else, if anything, the FBI is doing with Miko. I also know that two other governmental organizations are at least aware of Miko's Ponzi schemes. Frederick Battista at the United States Attorney's Office and Susan Segal at the Office of the Arizona Attorney General have both been told what Miko has done. I do not know if either of those two offices is pursuing him. I also do not have any idea, at all, of where Miko is currently living. Nor do I know the name of the woman with whom he is currently living. If anybody has those bits of information, please share them.
He is hanging around southern highlands, Las Vegas looking to buy a house, get him out of here!

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