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Sadeg M. Faris CEO of eVionyx & Reveo a Con Man?

Sadeg M. Faris a CEO with eVionyx and Reveo INC. which is based in Hawthorne, NY has apparently not been so kind to his investors.  Complaints have surfaced which state that some of his investors have felt “defrauded” and “scammed” due to Sadeg coming through with only substandard products and services and then refusing to make things right.  These products and services according to complaints never meet up with the guidelines that were set forth by agreements between certain investors and Sadeg M. Faris.

Sadeg M Faris who has a BS, MS, and PhD degrees in 1969, 1971 and 1976, respectively, all in electrical engineering and computer sciences, from the University of California, Berkeley with over 400 patents issued and pending and over 50 science and technology publications also founded InventQjaya Sdn Bhd (IQJ) which was wound-up for failure to pay RM240 million to the Malaysian government.

The High Court ordered that InventQjaya Sdn Bhd (IQJ) be wound-up for failure to pay RM240 million debts.  Justice Datuk Abdul Wahab Ahmad made the order after letting the government’s winding-up petition against the company, which the government claimed had broken a loan agreement entered by both parties.

“l am satisfied this is a proper case for the winding-up order to be issued,” Abdul Wahab stated after completing hearing submissions made by Senior Federal Counsel Pretam Singh and counsel Wan Anuar Shadat for IQJ director and chief executive officer, Dr Sadeg Mustafa Faris.

The judge also requested that an official receiver be appointed as provisional liquidator.  The same court refused Dr Sadeg’s application for a stay of execution on the winding-up order.

Updates to follow.

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