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1847 Holdings Under Scrutiny for $2.5 Million Payouts Following Polished.com Asset Seizure

Published

9 months ago

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Allegations of Financial Misconduct Surface as Payments Coincide with Bank of America’s Legal Action

NEW YORK, [February 05, 2025 ] – A series of questionable financial transactions involving 1847 Holdings LLC (NASDAQ: EFSH) has raised serious concerns regarding potential financial misconduct. Just one day after Bank of America seized the assets of its former subsidiary, Polished.com (OTC: POLCQ), 1847 Holdings disbursed $2.5 million to four investor relations and advisory firms, raising speculation about whether the move was an attempt to shield funds from creditors.

On February 6, 2024, Polished.com received a Notice of Acceleration from Bank of America, demanding immediate repayment of outstanding debts due to non-payment of principal, interest, and fees. This action resulted in a default, providing the bank with legal grounds to freeze and seize the company’s assets.

However, on February 7 and February 8, 2024, 1847 Holdings issued significant prepayments totaling $2.5 million to multiple consulting firms, despite its ongoing financial struggles. Given the company’s history of debt-related challenges and the timing of these payments, industry analysts are questioning whether these transactions were designed to move funds beyond the reach of creditors.

Questionable Financial Transactions Raise Red Flags

The breakdown of the prepaid consulting agreements includes:

  • $1.4 million to TraDigital Marketing Group for “investor relations, digital marketing, and advertising.”
  • $400,000 to Alchemy Advisory LLC for “business and investor outreach.”
  • $333,000 to Reef Digital LLC for “investor relations, IT support, and strategic advisory.”
  • $365,000 to SeaPath Advisory LLC for “content marketing and strategic advisory.”

These payments were reportedly made to support investor relations and enhance stock value. However, shortly after these disbursements, 1847 Holdings executed three reverse stock splits—each erasing between 90% and 99.999% of shareholder value—raising serious doubts about the legitimacy and necessity of these transactions.

A Potential Attempt to Evade Legal and Financial Liabilities?

Given the timing of these payments, concerns are mounting that 1847 Holdings’ leadership—Ellery Roberts and Louis Bevilacqua—may have orchestrated the disbursements as a means of moving funds before further legal action could be taken. If these payments were not made in exchange for actual services, the transactions could be considered fraudulent conveyance, a deliberate effort to shield assets from creditors.

Additionally, if the funds were funneled back through cooperative third parties, this could potentially escalate into allegations of money laundering.

A Broader Pattern of Financial Mismanagement

While the $2.5 million payout is only a fraction of the larger financial concerns surrounding 1847 Holdings, the transactions follow a disturbing pattern of potential financial misconduct, including:

  1. The payments occurred immediately after Bank of America took legal action against Polished.com.
  2. The funds were disbursed to multiple firms rather than a single established service provider.
  3. Despite its financial distress, 1847 Holdings allocated millions to non-essential consulting agreements.
  4. Following these transactions, the company proceeded with three reverse stock splits that significantly reduced investor holdings.

For a company already under scrutiny for financial mismanagement, these transactions warrant immediate regulatory and legal investigation. If these payments were indeed an attempt to divert assets ahead of legal repercussions, it is imperative that authorities intervene swiftly to prevent further financial losses and protect shareholder interests.

Regulatory Action Needed

With a growing number of red flags surrounding these transactions, investors are calling on Regulators and enforcement to conduct an investigation into the activities of 1847 Holdings. Any attempts to manipulate financial records or evade legal obligations should be met with decisive action to ensure accountability and financial integrity in the marketplace.

For further information, please contact:
Matt Miller

Strategic Risk LLC

New York

NY

9143064771

United States

matt@strategicriskllc.com

### Forward-Looking Statements

This press release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially from those projected. Investors are encouraged to conduct their own due diligence before making financial decisions.

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Press Release

Chicken Road Game – Join, Play, and Win Real Cash

Published

25 minutes ago

on

November 5, 2025

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Austin, TX – October 27, 2025 – The gaming world is buzzing with excitement as Chicken Road, a fast-growing online game platform, officially invites players to experience the ultimate mix of fun, strategy, and real-world rewards. With the launch of its latest version, Chicken Road allows users to play and earn real cash simply by diving into an engaging and interactive gameplay experience.

>>> Learn More About Chicken Road Game >>>

Chicken Road is an innovative online gaming platform based in Austin, Texas, offering a unique play-to-earn experience. Combining engaging gameplay, skill-based challenges, and real monetary rewards, Chicken Road is reshaping the global gaming landscape by turning entertainment into opportunity.

Accessible worldwide through the platform, Chicken Road is redefining the online gaming industry by combining high-quality entertainment with real monetary incentives. The platform’s mission is clear: to give players more than just fun—to give them a reason to play smarter and win bigger.

A Game That Pays to Play

Unlike traditional online games that rely solely on in-app purchases, Chicken Road has created a reward-based gaming ecosystem. Players can earn cash prizes and bonuses through skillful gameplay, daily challenges, and leaderboard competitions. Whether you’re a casual gamer looking to unwind or a competitor chasing big rewards, Chicken Road offers opportunities for everyone to win.

The game’s concept is simple yet addictive—players guide their character through exciting levels filled with challenges, collecting coins, completing missions, and unlocking new adventures. Every milestone not only brings joy but also the potential to earn real money.

Why Players Love Chicken Road

  1. Play Anytime, Anywhere: Optimized for mobile and desktop play.
  2. Win Real Cash: Convert achievements into tangible rewards.
  3. Engaging Gameplay: Lively graphics and smooth controls.
  4. Global Access: Join an international player community.
  5. Secure and Transparent: Safe transactions and reliable payouts.

How It Works

  1. Visit the game site.
  2. Create your free player account.
  3. Start playing and collecting rewards.
  4. Compete with others and cash out your winnings securely.

Players can also join special tournaments, bonus rounds, and referral programs, giving them multiple ways to boost their earnings. The more you play, the more you win—making Chicken Road one of the most exciting ways to spend your gaming time online.

A New Era of Reward-Based Gaming

With the global gaming industry continuing to expand, Chicken Road stands out as a leader in the play-to-earn revolution. The platform isn’t just another mobile game—it’s a new way to experience digital entertainment, where users’ time and skill are truly valued.

By combining cutting-edge technology, creative design, and secure financial systems, Chicken Road is leading the way toward a more rewarding gaming future. As more players join, the Chicken Road community continues to grow rapidly, creating a space where fun meets financial opportunity.

Ready to Join and Win Big?

Access the authentic Chicken Road version [here] and get up to $500 in welcome bonuses when you sign up today! Play smarter, compete globally, and cash out real rewards—only on Chicken Road.

Join now → Your adventure (and your earnings) start today!

 

Media Contact
Company Name: Chicken Road
Email: info@chicken-road.net
Phone: +1 (512) 555-0198
Address: 8942 Maple Ridge Boulevard, Suite 320, Austin, TX 78701
City: Austin
State: TX 78701
Country: United States
Website: https://m-traff.net/chicken

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Press Release

Utah State And Vcu Frisco Match-up Set To Broadcast Live On UEN

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25 minutes ago

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November 5, 2025

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FRISCO, TX – The Texas Legends are set to host a high-caliber college basketballshowdown as the VCU Rams take on the Utah State Aggies on Friday, November 7th at 7:00 PM CST at Comerica Center in Frisco.

The game will stream live and free on Urban Edge Network (UEN) via both the mobile app and website.Both programs are coming off impressive 2024–25 campaigns. VCU claimed the Atlantic 10 Tournament title, finishing 28–7, while Utah State posted a 26–8 record with a semifinal run in the Mountain West Tournament. This neutral-site clash marks a key early-season test as both teams aim to build momentum heading into the 2025–26 season.

Fans who can’t make it to the arena can stream the full broadcast free of charge on UEN — a digital platform dedicated to amplifying live sports content. UEN offers a wide array of live sports programming, including college matchups, high schoo lgames, NAIA and NBA G League broadcasts. The platform is available via the free UEN app or at urbanedgenetwork.net

Tickets available at: www.ticketmaster.com Stream the game free on UEN: Download the app or visit urbanedgenetwork.net

 

Media Contact
Company Name: Urban Edge Network, LLC
Contact Person: Randall Barnes
Email: info@urbanedgenetwork.net
Country: United States
Website: urbanedgenetwork.net

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Press Release

DUTT Expands Global Footprint with Strategic Hubs Across North America, Europe, and Asia

Published

2 hours ago

on

November 5, 2025

By

The company accelerates international expansion with eight compliance centers planned by 2026.

DUTT Cryptocurrency Exchange Ltd has announced a strategic global expansion plan aimed at strengthening its presence across key financial regions, including North America, Europe, Southeast Asia, and the Middle East. By establishing eight fully compliant trading hubs by 2026, the company is positioning itself as a central player in the institutionalization of digital assets worldwide.

The expansion initiative is designed to support the growing demand for regulated and secure digital asset trading services. DUTT’s upcoming hubs will operate under region-specific regulatory frameworks, ensuring alignment with local financial authorities while maintaining the company’s global standards for security, transparency, and technological excellence.

“Global expansion is not just about scale — it’s about trust and infrastructure,” said Darryl Joel Dorfman, Founder of DUTT Cryptocurrency Exchange Ltd. “By establishing compliance-driven hubs in major financial regions, we aim to provide investors with a unified yet locally adapted trading experience, bridging traditional capital markets and blockchain finance seamlessly.”

DUTT’s strategic plan also includes deepening partnerships with leading financial institutions, blockchain projects, and regulatory bodies to accelerate the standardization and institutional adoption of digital assets. The company is committed to building a multi-asset trading ecosystem that supports both traditional and decentralized financial products on a global scale.

This international rollout underscores DUTT’s long-term vision of becoming one of the world’s most trusted cryptocurrency exchanges — one that integrates technology, regulation, and innovation to serve diverse markets with precision and reliability.

 

About DUTT Cryptocurrency Exchange Ltd

Founded in 2021 and headquartered in Denver, Colorado, DUTT Cryptocurrency Exchange Ltd is a global digital asset trading platform dedicated to bridging traditional finance and blockchain technology. Through AI innovation, regulatory compliance, and robust security, DUTT aims to create a trusted and sustainable financial ecosystem for the future.

Media Contact

Organization: DUTT Cryptocurrency Exchange Ltd

Contact Person: Simon John

Website: http://mediaecho.online/

Email: Send Email

City: London

Country:United Kingdom

Release id:36574

The post DUTT Expands Global Footprint with Strategic Hubs Across North America, Europe, and Asia appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section

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