$1 Billion SEC Scandal Unfolds as Whistleblower Shaman Shu Demands Accountability

Washington, D.C. - June 2025: A wave of public scrutiny is sweeping across the U.S. Securities and Exchange Commission following a shocking disclosure by federal whistleblower Shaman Shu (Robert Shumake). In what legal analysts now call the largest expert fraud in modern SEC history, Shu has exposed 21 federal cases tainted by false credentials used in official testimony.

The controversy centers around Pesach Glaser, an individual repeatedly presented by the SEC as a forensic expert. According to newly admitted court filings, Glaser was not a licensed CPA and did not hold the MBA he claimed-despite submitting sworn declarations in dozens of cases.

📄 SEC Now Admits False Credentials in Court
🔗 View the Official Court Filing (PDF):
https://www.stocks.wiki/press

In the document filed May 16, 2025, the SEC formally acknowledges inaccuracies in Glaser's expert declaration and states it is "reviewing the circumstances" and "evaluating next steps." This filing validates core parts of Shu's whistleblower claim and underscores the systemic flaws in vetting expert witnesses.

Who Was Affected?
2,000+ investors may have suffered financial harm

Multiple SEC civil judgments may be based on false evidence

Shaman Shu himself became a target after exposing the scheme

The scandal impacts SEC enforcement strategy, public trust, and due process

Cases Under Scrutiny:
SEC v. JanOne Inc. (targeting Shaman Shu)

SEC v. Longfin Corp

SEC v. Biozoom, Inc.

SEC v. Heart Tronics, Inc.

SEC v. Direct Lending Investments LLC

SEC v. Empire Petroleum Corp
(among others named in the official complaint)

Shaman Shu's Legal Standing
Shu is protected under the Dodd-Frank Whistleblower Program and has filed for protective judicial recognition under:

15 U.S.C. § 78u-6(h)

Hazel-Atlas Glass Co. v. Hartford-Empire Co.

Brady v. Maryland

18 U.S.C. § 1001

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

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

Hazel-Atlas Case Law - Justia:
https://supreme.justia.com/cases/federal/us/322/238/

Oversight Reform Needed - Columbia Journalism Review:
https://www.cjr.org/business_of_news/reforming-sec-expert-oversight.php

Expert Vetting Failures - Legal Information Institute:
https://www.law.cornell.edu/supremecourt/text/373/83

🗣️ Quote from Shaman Shu:
"What we're dealing with isn't just regulatory negligence-it's a betrayal of trust. I blew the whistle to protect investors and preserve justice, not to be silenced by the very system I tried to help."

📩 For legal access, documentation, or interviews:
The epiMediaGroup, LLC
🌐 https://www.epimediagroup.com
📧 PRTeam@epimediagroup.com
📞 (770) 635-8170

19875 west 12 mile rd Southfield mi, 48076 Michigan, United States

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.