Press Release
1847 Holdings Faces Scrutiny Over $2.5 Million Disbursements After Polished.com Asset Seizure
Allegations of Financial Misconduct Surface as Payments Coincide with Bank of America’s Legal Action
NEW YORK, – A series of questionable financial transactions involving 1847 Holdings LLC (NYSE: 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.
On February 7 and 8, 2024, 1847 Holdings issued $2.5 million in prepayments to multiple consulting firms, despite facing severe financial distress. As the original parent company of Polished and with both entities operating under the same management firm, 1847 Partners, there was likely growing concern that creditors could extend their reach to 1847 Holdings’ bank accounts. Given the company’s history of financial mismanagement, mounting debt, and the suspicious timing of these transactions, shareholders are now questioning whether these payments were deliberately structured to shield funds from creditors rather than serve a legitimate business purpose.
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:
- The payments occurred immediately after Bank of America took legal action against Polished.com.
- The funds were disbursed to multiple firms rather than a single established service provider.
- Despite its financial distress, 1847 Holdings allocated millions to non-essential consulting agreements.
- 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
### 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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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
Ultimate Pest Control Services Celebrates Over 25 Years of Excellence in Pest Management Across NYC Long Island and Northern New Jersey
United States, 4th Jul 2025 – Ultimate Pest Control Services (UPC), a family-owned and operated pest control company, is proud to celebrate over 25 years of delivering top-tier pest management solutions to residential, commercial, and property management clients across the five boroughs of New York City, Long Island, and Northern New Jersey.
A Legacy of Excellence
Founded in 1998, UPC has built a reputation for providing reliable, effective, and environmentally responsible pest control services. Specializing in termite, ant, roach, bed bug, rodent, spider, and wasp control, UPC tailors its approach to meet the unique needs of each client, ensuring a pest-free environment while adhering to state and federal regulations.
Comprehensive Services for Every Need
UPC offers a wide range of services to address various pest control needs:
Residential Services: Protecting homes and families with safe, pet-friendly treatments.
Commercial Services: Ensuring businesses, including restaurants, maintain a pest-free environment to comply with health regulations.
Property Management: Assisting property managers in maintaining tenant satisfaction through proactive pest control measures.
Commitment to Sustainability
UPC is dedicated to environmentally responsible pest control practices. The company utilizes techniques and products that minimize environmental impact while effectively eliminating pests, ensuring the safety of clients and the community.
Looking Ahead
As UPC continues to grow, the company remains committed to its core values of hard work, respect, and integrity. With a seasoned team and a customer-centric approach, UPC is poised to remain a trusted partner in pest management for years to come.
Contact Information
Ultimate Pest Control Services
146-36 20th Ave
Whitestone, NY 11357
Phone: (929) 208-6726
Website: https://www.upcsny.com
Media Contact
Organization: Ultimate Pest Control Services
Contact Person: Juan E. Gonzalez
Website: https://www.upcsny.com/
Email: Send Email
Country:United States
Release id:30169
The post Ultimate Pest Control Services Celebrates Over 25 Years of Excellence in Pest Management Across NYC Long Island and Northern New Jersey 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
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
Gregs Gutters Service Celebrates Over 15 Years of Excellence in Gutter Installation and Maintenance in Winston-Salem NC
United States, 4th Jul 2025 – Greg’s Gutter Service, a locally owned and operated company, is proud to celebrate over 15 years of providing top-quality gutter installation, cleaning, and maintenance services to homeowners and businesses in Winston-Salem, Greensboro, High Point, and surrounding areas. Since its inception in 2008, the company has built a reputation for reliability, professionalism, and exceptional customer service.
The company offers a range of services to meet the diverse needs of its clients, including seamless gutter system installations, thorough gutter cleaning, and repairs to ensure proper water flow and prevent potential damage. Greg’s Gutter Service also installs gutter guards, such as the Leaf Relief Protection System, to reduce maintenance needs and protect gutters from debris buildup. Additionally, the company provides maintenance and repairs to address issues such as leaks, rust, or misalignment, and installs functional and decorative rain chains as an alternative to traditional downspouts.
Owner Greg Hardy, a lifelong resident of the area, brings over two decades of experience to the business. His commitment to quality craftsmanship and customer satisfaction is evident in every project. Greg’s Gutter Service is fully licensed and insured, and the company is a certified installer of the Leaf Relief Protection System, which comes with a 25-year limited warranty.
The company has earned an A+ rating from the Better Business Bureau and is highly recommended by local residents for its dependable service and attention to detail. Testimonials from satisfied customers highlight the company’s promptness, professionalism, and the quality of its work.
Business Name: Greg’s Gutters
Phone: (267) 692-4722
Address: 7250 Hollywood Rd Unit 2, Fort Washington, PA 19034
Media Contact
Organization: Greg’s Gutters
Contact Person: Greg Hardy
Website: https://www.gregsgutters.com/
Email: Send Email
Country:United States
Release id:30174
The post Gregs Gutters Service Celebrates Over 15 Years of Excellence in Gutter Installation and Maintenance in Winston-Salem NC 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
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
United States, 4th Jul 2025 – Beswick Tree Service, a trusted name in professional tree care, is proud to announce the expansion of its local services in Cambridge, Ontario. With a strong reputation for safe, efficient, and environmentally responsible tree work, the company is now focusing its expertise on meeting the growing demand for residential and commercial tree services in the Cambridge area.
From tree removals and stump grinding to pruning, trimming, and emergency storm response, Beswick Tree Service offers a full range of solutions tailored to the unique needs of property owners in the region. The company prides itself on using the latest equipment, highly trained staff, and sustainable practices to ensure every job is completed with precision and care.
“We’ve always taken pride in serving communities across Ontario, and Cambridge is a place where we’re seeing increased need for safe, high-quality tree work,” said a spokesperson for Beswick Tree Service. “Our local crews are ready to handle everything from routine maintenance to large hazardous removals.”
With a strong emphasis on customer satisfaction, safety, and long-term tree health, Beswick Tree Service is fully licensed and insured, offering free estimates and fast response times throughout Cambridge.
For more information or to schedule service, visit:
https://beswicktreeservice.com/local-tree-services/cambridge
Beswick Tree Service
Phone: (519) 807-4560
Website: https://beswicktreeservice.com/local-tree-services/cambridge
Media Contact
Organization: Beswick Tree Service
Contact Person: Tyler Burke
Website: https://beswicktreeservice.com/local-tree-services/cambridge
Email: Send Email
Country:United States
Release id:30231
The post Beswick Tree Service Expands Local Expertise in Cambridge Ontario 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
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Ultimate Pest Control Services Celebrates Over 25 Years of Excellence in Pest Management Across NYC Long Island and Northern New Jersey
Gregs Gutters Service Celebrates Over 15 Years of Excellence in Gutter Installation and Maintenance in Winston-Salem NC
Beswick Tree Service Expands Local Expertise in Cambridge Ontario
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