Sam Zumbe

Key Points

• Identity and Role: Sam Zumbe, reportedly from England, is an individual associated with fraudulent financial schemes, notably linked to Newport Enterprises Group LLC, misrepresented as a Pentagon-licensed bank.

• Allegations: Accused of perpetrating fraud through fake banking schemes and involvement in scams like City Windmills and CWM FX, with claims of hacking and posting false information.

• Legal Issues: Faces UK county court judgments totaling over £120,000 and is allegedly in hiding, with unverified claims of criminal history dating back to youth.

• Associations: Connected to Jean-Philippe Grange, a French individual also implicated in fraudulent activities, and Caroline Naylor, described as a partner with her own fraud allegations.

• Risk Profile: High legal, financial, and reputational risks due to fraud allegations, court judgments, and lack of transparency about current activities or whereabouts.

Overview

Sam Zumbe is an elusive figure from England, primarily known for his alleged involvement in fraudulent financial ventures. He surfaced in 2015 through OffshoreAlert’s investigation into Newport Enterprises Group LLC, a Delaware-based entity falsely presented as a bank “licensed by the Pentagon.” Zumbe, alongside Jean-Philippe Grange, was recorded in a phone interview promoting this sham operation. He has also been linked to other dubious schemes, including City Windmills and CWM FX, a forex broker accused of Ponzi-like activities. Little is known about Zumbe’s personal background, education, or current whereabouts, as he is reportedly in hiding, possibly using aliases. His activities suggest a pattern of exploiting trust in financial and investment opportunities, often targeting unsuspecting investors.

Allegations and Concerns

• Newport Enterprises Fraud: Zumbe and Grange promoted Newport Enterprises Group LLC as a legitimate bank, falsely claiming Pentagon authorization. OffshoreAlert exposed this as a scam, with no evidence of licensing or legitimate operations.

• City Windmills Scam: A 2022 complaint on FilthFinder alleges Zumbe hacked an investor’s email to post false claims about City Windmills, accusing the company of fraud. The complainant called Zumbe a “well-known crook.”

• CWM FX Involvement: Zumbe is accused of soliciting investments for CWM FX, a forex broker raided by police in 2015 for suspected Ponzi activities. He allegedly promised 5% monthly returns, misrepresenting himself as a banking specialist.

• Historical Fraud Claims: Unverified reports on Scamion claim Zumbe stole money from a student union in his youth and lacks a claimed Leicester University degree, suggesting a long history of deceit.

• Aggressive Behavior: Described as becoming aggressive when challenged about his claims, such as working for the Pentagon or CIA, raising red flags about credibility and temperament.

Customer Feedback

• Positive Feedback:

  • Limited positive feedback exists. A Scamion post defends Zumbe, claiming he has “no connection” to CWM FX beyond being an investor and that he facilitated profitable investments for some. The poster states, “I have made investments with Sam and I have done well from it.”

  • Another comment suggests Zumbe gained business from publicity, as “real financiers” rely on DBS criminal reports, not online allegations.

• Negative Feedback:

  • Investors and observers overwhelmingly criticize Zumbe. A FilthFinder user accused him of hacking their email to post false complaints, stating, “Sam Zumbe is actually a well-known crook.”

  • A Scamion reviewer warned against investing with Zumbe, citing his CWM FX pitch and poor literacy as red flags: “He couldn’t spell so I knew him to be a fraudster.”

  • Another post alleges Zumbe is hiding due to £120,000 in court judgments and calls him a “criminal fraudster,” urging others to report his whereabouts for a reward.

• Mixed Sentiment: The sparse positive feedback is overshadowed by strong negative sentiment, with most sources portraying Zumbe as untrustworthy and fraudulent.

Risk Considerations

• Legal Risk: Zumbe faces significant legal exposure from UK court judgments and potential investigations into his fraudulent activities, particularly with Newport Enterprises and CWM FX.

• Financial Risk: His involvement in collapsed or scam ventures suggests investors face near-certain losses. The lack of transparency about his current ventures heightens financial uncertainty.

• Reputational Risk: Zumbe’s reputation is severely damaged by fraud allegations and public exposés, making him a toxic associate for legitimate businesses or investors.

• Operational Risk: His alleged use of aliases and history of disappearing suggest unreliable operations, with high risk of abandonment in any venture.

• Personal Safety Risk: Associations with fraud and organized crime (via CWM FX’s broader network) may expose Zumbe or his partners to retaliation or criminal scrutiny.

Business Relations and Associations

• Key Partners:

  • Jean-Philippe Grange: French associate and co-perpetrator in the Newport Enterprises scam, who claimed titles like “Treasury Minister Plenipotentiary” for a fictitious entity. Grange demanded OffshoreAlert remove incriminating content.

  • Caroline Naylor: Described as Zumbe’s partner, reportedly linked to “leaf and tax fraud” per newspaper articles. She is noted for mobility issues, often using a wheelchair.

• Corporate Entities:

  • Newport Enterprises Group LLC: Delaware-based sham bank promoted by Zumbe and Grange, exposed as fraudulent in 2015.

  • CWM FX: London-based forex broker raided in 2015, where Zumbe allegedly solicited investments. Suspected of Ponzi activities.

  • City Windmills: Investment scheme Zumbe was accused of defaming via hacked emails, though his exact role is unclear.

• Other Associations: Rumored ties to Toanga Wealth Management Fund in the Cayman Islands, though he is reportedly no longer associated due to fraud allegations. No verified connections to major organizations or regulators.

Legal and Financial Concerns

• Court Judgments: UK county court judgments against Zumbe total over £120,000, indicating significant unpaid debts or legal penalties.

• No Active Lawsuits: No current lawsuits are explicitly documented, but the 2015 police raid on CWM FX and OffshoreAlert’s exposure of Newport Enterprises suggest potential past or ongoing investigations.

• No Bankruptcy Records: No public bankruptcy records are confirmed, but Zumbe’s alleged hiding and use of aliases suggest financial distress or evasion.

• Fraud Investigations: The Newport Enterprises scam prompted OffshoreAlert’s scrutiny, and CWM FX’s collapse involved police action, though no direct charges against Zumbe are specified.

• Regulatory Absence: No evidence of Zumbe operating under regulated financial licenses, reinforcing the fraudulent nature of his ventures.

Risk Assessment Table

Expert Opinion

Analysis: Sam Zumbe emerges as a minor but persistent figure in financial fraud, leveraging deceptive schemes like Newport Enterprises and CWM FX to exploit investors. His partnership with Jean-Philippe Grange and alleged hacking activities (e.g., City Windmills) suggest a pattern of deceit and manipulation. The lack of verifiable personal details, combined with claims of using aliases and hiding, complicates assessing his current activities. While some defend him as a legitimate investor, the weight of evidence—court judgments, fraud exposés, and victim complaints—points to a career built on misrepresentation. His association with Caroline Naylor, herself linked to fraud, further taints his credibility. The absence of regulatory oversight and transparent operations makes Zumbe a high-risk individual.

Pros:

• Demonstrates persuasive skills in attracting investors, as seen in CWM FX solicitations.

• Limited positive feedback suggests some successful investments, though likely overstated.

Cons:

• Directly implicated in fraudulent schemes like Newport Enterprises and CWM FX.

• Faces £120,000 in court judgments and is reportedly in hiding, indicating financial and legal instability.

• Negative reputation driven by public allegations and exposés, eroding trust.

Cautionary Advice: Avoid any financial dealings with Sam Zumbe or associated entities, as his history suggests a high likelihood of fraud. Investors should verify any investment opportunity through regulated channels and consult DBS criminal reports or Reuters World Check, as suggested by his defenders. Report any contact with Zumbe to authorities, given his alleged fugitive status and court judgments. Businesses should steer clear of partnerships, as his involvement risks reputational and legal fallout. For those affected by his schemes, consider joining group actions or reporting to agencies like the FBI’s Internet Crime Complaint Center (ic3.gov).

Key Citations

• https://www.offshorealert.com/sam-zumbe-jean-philippe-grange-newport-enterprises-group-cwm-fraud.aspx

• https://filthfinder.com/spurious-info-re-city-windmills-david-mapley/

• https://www.scamion.com/sam-zumbe-92

• https://www.offshorealert.com/letter-to-offshorealert-from-jean-philippe-grange-regarding-newport-enterprises-group/

• https://www.forexfraud.com/news/cwm-fx-where-there-is-smoke-there-may-be-a-forex-fraud-fire-brewing.html