Shaman Shu Exposes $1 Billion SEC Scandal as Protected Federal Whistleblower

June 2025 - New York, NY: Shaman Shu, born Robert Shumake and legally known as Bobby Japhia, has come forward as a federally protected whistleblower exposing what may be the largest credential fraud in SEC history-a case that could unravel over $1 billion in court decisions and settlements.

Shu's disclosure identifies false testimony submitted by an unqualified expert, Pesach Glaser, across 21 SEC enforcement actions, potentially affecting more than 2,000 investors and the credibility of multiple federal judgments.

At the heart of the scandal is credential fraud-Glaser allegedly misrepresented himself as a CPA, MBA holder, and senior SEC forensic accountant. These misrepresentations went unchallenged for years, impacting high-stakes securities litigation.

Cases Allegedly Contaminated by False Testimony:
SEC v. Heart Tronics, Inc.

SEC v. Clean Energy Capital, LLC

SEC v. Biozoom, Inc.

SEC v. Longfin Corp.

SEC v. Direct Lending Investments LLC

SEC v. JanOne Inc. (targeting Shaman Shu)

SEC v. Empire Petroleum Corp.

SEC v. Parallax Health Sciences, Inc.

SEC v. Premier Ventures & Anton & Chia LLP
(and 12+ others cited in court filings)

Key Allegations:
Falsified CPA and MBA credentials presented under oath

Fraudulent declarations submitted in at least 21 federal cases

SEC allegedly retaliated against Shu after clemency advocacy in 2021

Over 2,000 investors financially impacted

SEC whistleblower protections invoked under 15 U.S.C. § 78u-6(h)

Why This Story Matters:
Raises questions about expert vetting in federal enforcement

Challenges credibility of SEC case law precedent

Highlights the risks faced by protected whistleblowers

Calls for systemic reform in credential verification and court transparency

Further Reading & Legal References:
SEC Whistleblower Program - SEC.gov:
https://www.sec.gov/whistleblower

Whistleblower Protection under Dodd-Frank - Cornell Law:
https://www.law.cornell.edu/uscode/text/15/78u-6

Hazel-Atlas Glass Co. v. Hartford-Empire Co. - Justia:
https://supreme.justia.com/cases/federal/us/322/238/

Brady v. Maryland - Legal Information Institute:
https://www.law.cornell.edu/supremecourt/text/373/83

Rebuilding Trust in Financial Oversight - CJR:
https://www.cjr.org/business_of_news/reforming-sec-expert-oversight.php

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Shaman Shu, born Robert Shumake and legally known as Bobby Japhia, is an internationally recognized whistleblower, entrepreneur, and spiritual teacher. Founder of Soul Tribes International, a global collective promoting psychedelic-assisted trauma recovery, ancestral wisdom, and spiritual justice, Shu leads at the intersection of law, healing, and human rights advocacy.

This release was published on openPR.