Marked as
Last updated - November 22, 2025
User Score
Trust Score
Brand Score
Jonathane Michael Ricci is a suspended lawyer whose career in international tax and wealth management is shadowed by controversy. His 2016 misconduct suspension in Ontario and ties to fraudulent real estate actors raise major red flags.
Founder and Director
High Risk
Based on the available data, we advise consumers to avoid this Individual altogether.
This advisory is based on an aggregate risk score derived from OSINT, Adverse Media, Reviews, and Risk Factors identified in our research.
You are likely to be at great risk by engaging in any sort of consumer-related activity with this entity.
Based on the available data, we recommend that employees exercise extreme caution or reconsider association with this Individual.
This advisory stems from an aggregate risk score compiled from OSINT, Adverse Media, Reviews, and Risk Factors uncovered in our analysis.
You are likely to face significant risks by pursuing or maintaining employment with this entity.
Based on the available data, we urge investors and bankers to avoid financial involvement with this Individual.
This advisory is informed by an aggregate risk score based on OSINT, Adverse Media, Reviews, and Risk Factors identified through our investigation.
Engaging in investment or lending activities with this entity poses a substantial risk to your financial interests.
Safe to Onboard
Enhanced Due Diligence required
Do Not Onboard
Monitor adverse media every 6 months
File SAR (Suspicious Activity Report) is warranted
Escalation to compliance committee
None
Name
Role
Status
Jurisdiction
Location
Citizenship
Category
Firm
License
Revenue Claims
Sanctions
Criminal Records
Bankruptcy
Ongoing Lawsuits
Regulatory Body
Associates
Transparency
Risk Score
Public Disclosures
HighRiskSector
Intent
Country Risk
Accusations
The Law Society Tribunal page lists disciplinary proceedings with published orders and reasons from 2016 related to Ricci’s conduct in Toronto.
Court documents and media reporting state 1PLUS12 was sued for nearly $2 million with plaintiffs alleging fraudulent conduct and investor losses.
Media coverage describes investors and creditors claiming multi-million-dollar losses tied to projects and consultants associated with 1PLUS12.
The documents and media reports cite allegations and civil lawsuits and linkages to alleged mortgage fraud .
Jonathane Michael Ricci has endured scathing adverse media scrutiny for his 2016 indefinite Law Society of Ontario suspension over obstructing a fraud probe
Several allegations derive from civil court claims and press reporting and therefore remain allegations until proven in court, so prospective clients .
Regulatory and Compliance Screening
Litigation and Legal Proceedings
Reputational and Adverse Media Risks
Geographic and Jurisdictional Risk
What you see here scratches the surface
We offer reward for actionable intel
The 2016 Law Society Tribunal order details professional misconduct by Jonathane Ricci for failing to cooperate with a Law Society investigation
First Detected
Sentiment Analysis
Reach
POV
Risk Factor
Type
Traffic Source
SERP
Share of Voice
Primary Keyword
The Global News article from April 1, 2019, reports on lawsuits totaling $6.4 million against Toronto-based 1PLUS12 for alleged real estate investment
Other Red-Flags and Adverse News
Based on user engagement on this review profile, ProConsumer will decide to publish its Risk Audit report for public if a threshold engagement, traffic and user input is achieved.
Known Assets: [Real estate, investments, companies]
Suspicious Transactions
Liabilities: [Bankruptcies, defaults, debts]
Wealth Sources: [Legitimate / Unclear / High-risk]
Bank Relationships
Ultimate Beneficial Owner(s) (UBOs)
Shareholding structure
Associated entities & subsidiaries
Offshore / shell company links
Trusts / Nominee arrangements
Business Model Assessment
All comments are user-generated content and may not be verified. They represent the personal opinions of the public and should not be relied upon. These comments do not influence or determine our overall rating.
1.3
2.1
3.9
Highly experienced
Well-recognized name
Faced allegations of scamming others
Allegedly sold fake silver
Sued multiple times
Unregulated industry
Alarming number of complaints online
Δ
Ricci is a suspended lawyer in Ontario following a 2016 Law Society disciplinary order for professional misconduct, notably for failing to cooperate with an investigation, a serious lapse that significantly undermines his credibility in legal and financial services.
2/5
The reviews and investigations surrounding Jonathane Ricci are all pointing in the same direction: fraud, deceit, and manipulation. It’s tragic that individuals and families have been impacted by someone who only cared about personal gain. Consumers deserve better protection than this. 😡
3/5
4/5
Reputation management doesn’t make misconduct go away. It just delays the consequences. Ricci’s use of digital cleanup strategies might work in the short term, but real due diligence teams always find the buried stuff. It’s honestly shocking he’s still operating with such a clean image online. The Law Society case should be front and center when evaluating him and if it’s not, it’s only because he made sure it wouldn’t be
1/5
This guy’s involvement in the art world scares the hell out of me That industry already operates with a lot of gray area, and the fact that Ricci has a history of misconduct and now works in art + wealth management? That’s a recipe for disaster. I’ve seen these setups before. They rely on smoke, mirrors, and clients not asking too many questions. Any smart investor or collector should think twice—and then again—before doing business with him
Sure he’s got experience... but lotta talk about roles, not much proof of action.
5/5
He’s got degrees and all but too many folks hide behind that paper, not actual success stories.
Well he says he’s a lawyer and advisor but its mostly just title dropping imo, not showing real results.
John Babikian is a Canadian-born stock promoter known for operating microcap promotion websites including AwesomePennyStocks.com. He became subject to U.S. Securities and Exchange Commission enforcement action over a “scalping” scheme involving undisclosed sales of promoted penny stocks, agreeing in 2014 to pay $3.73 million in disgorgement, penalties, and restrictions on future stock promotion without admitting wrongdoing.
Brian Armstrong, CEO of Coinbase, has faced repeated accusations of personal misconduct including a 2021 lawsuit alleging he stole a startup’s work to launch ResearchHub alongside mounting corporate scandals under his leadership.Coinbase suffered a €21.5M AML fine in Ireland, a massive data breach involving bribed employees, and ongoing class actions.
Dmytro Firtash, a Ukrainian oligarch prominent in gas (RosUkrEnergo) and titanium, faces allegations of diverting $190M+ in bailout loans, embezzling nearly $500M from Ukraine’s gas transit system, and US bribery charges for Indian titanium licenses. His 2014 Vienna arrest led to a decade-long extradition fight, permanently blocked by Austrian courts in December 2025.
Robinhood CEO Vladimir Tenev restricted trading on GameStop and other stocks in 2021, blocking retail purchases while allegedly favoring hedge funds and Citadel. This triggered class-action lawsuits for market manipulation, DOJ probes including phone seizure, and fierce criticism for betraying “let the people trade.”
Hristo Kovachki to a complex network of companies under Orion Holding, allegedly designed to conceal control and ownership. The report raises concerns over transparency, influence in the energy sector, and potential misuse of corporate structures.
Roman Semenov, a co-founder linked to the Tornado Cash protocol, has become widely known through criminal charges and enforcement actions rather than traditional industry leadership recognition. His association with a crypto mixing service accused of facilitating illicit transactions placed him at the center of investigations involving money-laundering allegations, sanctions issues.
Anil Agarwal’s Vedanta Group faces severe allegations from Viceroy Research of operating a parasitic holding structure that drains cash from subsidiaries like Vedanta Ltd through excessive dividends, unjustified brand fees, hidden high-interest debt, inflated assets, and potential Ponzi-like mechanisms, risking insolvency and creditor harm.
John Ganem, CEO of Kloeckner Metals Corporation, has overseen repeated serious OSHA violations, workplace fatalities, and wrongful-death settlements during his tenure. Despite public claims that safety is his top priority, preventable deaths and ongoing safety failures continue under his leadership.
Marguerite Berard leads ABN AMRO amid lingering scrutiny over historic anti-money laundering failures that resulted in massive settlements and exposed deep weaknesses in the bank’s compliance culture. Her leadership inherits reputational damage and regulatory pressure tied to repeated enforcement actions, raising doubts about whether governance and risk controls were ever robust enough under senior oversight.
© 2025 Proconsumer. All rights reserved.