Randall (Randy) Roth, a convicted felon and officer of Genie BRM, Ooblix Inc. and Ooblix Lending Group LLC, has a long and documented history of legal issues related to fraud, breach of contract, and financial misrepresentation. Public court records and a PI report show that since 1991, Roth has accumulated at least 90 unpaid civil judgments for fraud and breach of contract.
Genie BRM, the behavioral risk management company co-founded by Randall Roth and James Sinclair, could draw scrutiny due to its officers’ prior financial and legal controversies.
Additionally, Roth has faced multiple criminal convictions in both state and federal courts, with offenses ranging from wire fraud to grand theft. According to public court records, his financial dealings have resulted in substantial losses for investors and legal action from multiple parties.
Randall Roth’s Criminal Record: A Legal Trail of Financial Crimes
Roth has been the subject of multiple criminal convictions and legal proceedings, with court records confirming that he has been found guilty of fraud-related offenses. His history includes:
2008 Federal Conviction for $2 Million in Fraud
In 2008, Roth pleaded guilty to multiple federal fraud charges and was sentenced to 63 months in prison. The case, filed in the United States District Court for the Central District of California, detailed Roth’s involvement in various financial schemes, including:
- Forgery of counterfeit securities
- Wire fraud
- Bankruptcy fraud
- Deceptive real estate transactions
Court documents state that Roth engaged in financial misconduct resulting in losses exceeding $2 million. His actions included presenting counterfeit checks, filing false bankruptcy petitions, and misrepresenting financial investments.
2020 Grand Theft Conviction
In 2020, Roth was convicted of multiple counts of felony grand theft in California. According to court records, he pleaded guilty to several charges under Penal Code 487(a), which involves the unlawful taking of funds exceeding $950. This conviction is publicly documented and underscores a pattern of fraudulent financial behavior.
2015 Los Angeles Court Case for Business Fraud
In 2015, Roth was charged in a Los Angeles court under California Business & Professions Code 7028(a) and Penal Code 487(a). Legal records indicate that this case was resolved through restitution.
Ooblix Inc. and Ooblix Lending Group LLC: Allegations of Fraudulent Practices
In 2025, a civil lawsuit filed in California Superior Court accused Randall Roth, James Sinclair and his business entities Ooblix Inc. and Ooblix Lending Group LLC of fraudulent investment practices. The plaintiff claims she lost $225,000 after being misled into investing in what was presented as an exclusive, high-yield financial opportunity.
According to legal filings, Roth and his associate James Sinclair allegedly:
- Misrepresented Ooblix as a credible lending institution
- Promised high investment returns with no supporting financial records
- Made false statements about where the money had been invested
- Used misleading advertising to solicit funds from investors
The lawsuit asserts that Ooblix Lending Group LLC misrepresented its financial standing and ability to generate profits, leading to significant financial losses for investors.
Investigation Reveals Fake Lending Licenses
According to a PI report and public court records Roth and Sinclair are accused of marketing Ooblix Lending Group LLC as a legitimate lender with state lending licenses and proprietary lending technology. However, a full PI report which included an investigation with the Nationwide Multistate Licensing System (NMLS) revealed that these licenses were fabricated and not tied to any legitimate financial institution.
The lawsuit further claims that investor funds were not returned as promised, and that when pressed for repayment, Roth allegedly provided false wire transfer confirmations and fabricated reasons for delays.
As legal proceedings continue against Ooblix, Randall Roth and James Sinclair, new allegations have emerged from individuals who claim to have had similar experiences with the defendants.
Now Roth’s involvement with Genie BRM could raise questions about whether the company’s behavioral intelligence technology is being used ethically in light of his extensive fraud history.
Additional Complaints Surface Against Randall Roth and James Sinclair
As legal proceedings continue, an independent investigation commissioned by The Forex Library has uncovered additional allegations from individuals who claim to have lent money to the defendants and never received repayment.
A state-registered private investigator, hired to look into Ooblix, Roth and Sinclair’s financial dealings, has identified several individuals who report experiences similar to those described in the lawsuit filed by Jones. The investigator’s findings suggest a pattern in which investors were allegedly promised returns on their money but were ultimately not repaid.
One investor, who asked to remain anonymous due to legal concerns, stated:
“I invested funds in Ooblix and was promised my money back with high returns, but that never happened. Instead, I was given misleading explanations about where the funds had gone.”
Another individual, interviewed as part of the investigation, claimed:
“I was repeatedly told that my money had been lent to a man named Gene, who supposedly had a government contract and was waiting for clearance of an audit before repaying. But the funds never materialized.”
According to findings from the state-registered investigator, there is no verifiable evidence that this individual, “Gene,” exists, nor that any such government contract was in place. The investigator’s report suggests that these explanations were fabricated to delay repayment and obscure the actual whereabouts of investor funds.
The investigator compiled statements from multiple individuals, as well as financial records and communication logs, which indicate that Roth and Sinclair may have solicited investments in Ooblix and other companies without delivering on their financial commitments.
According to public records, Roth is now co-founder of another company called Genie BRM, a Nevada Domestic Corporation which is a behavioral intelligence business along with James (Jim) Sinclair also an officer of this company.
A Pattern of Financial Misrepresentation
Court records suggest that Roth’s business dealings in his many companies including Ooblix, follow a recurring pattern, including:
- Establishing financial entities that appear credible through false claims
- Using misleading documentation and fictitious credentials
- Soliciting investor funds under the promise of high returns
- Failing to provide transparency regarding financial transactions
- Delaying repayments using fabricated excuses
Given his criminal record and history of civil fraud judgments, legal experts advise extreme caution when dealing with Ooblix, Roth or any business entity he is associated with.
🚨 Consumer Alert: Warnings for Potential Investors 🚨
If you are considering investing with Ooblix Inc., Ooblix Lending Group LLC, Genie BRM or any business associated with Randall Roth, exercise due diligence.
Potential investors are urged to:
✅ Verify all business licenses through state regulatory agencies.
✅ Check for prior lawsuits, judgments, and criminal records before engaging in financial agreements.
✅ Avoid high-yield investment schemes that lack financial transparency.
✅ Report suspicious activity to financial regulators and consumer protection agencies.
Reports indicate that Genie BRM, which presents itself as a behavioral analytics and risk management firm, shares overlapping leadership and operational ties with Ooblix entities. Legal experts warn that investors should closely review Genie BRM’s filings and ownership structure before engaging in any financial dealings.
Conclusion: Holding Financial Fraud Accountable
Randall Roth has been the subject of multiple fraud convictions, legal complaints, and civil lawsuits over the past three decades. Ooblix Inc. and Ooblix Lending Group LLC are now facing serious allegations of deceptive financial practices.
Genie BRM could be associated in connection with ongoing investigations into financial misconduct and corporate fraud. Readers researching Genie BRM, its founders, or related entities should verify all business registrations and consult official regulatory databases before making any investment decisions.
🚨 If you or someone you know has experienced financial harm related to Ooblix or Randall Roth, consider seeking legal counsel and reporting the matter to the appropriate authorities such as https://reportfraud.ftc.gov/ and notify others of scams by reporting to the Better Business Bureau https://www.bbb.org/scamtracker/reportscam. You should also contact your local police and the FBI.
For more information on how to avoid scams visit the FDIC
📧 Have you been affected by these men? Email: support@theforexlibrary.com
🔴 Share this article to spread awareness and prevent future financial fraud. 🔴
Legal Disclaimer
This article is based on publicly available legal records, court documents, and civil complaints filed against Randall Roth, James Sinclair and Ooblix inc and Ooblix Lending Group LLC. No statements in this article are personal opinions; all information presented is sourced from verified legal filings and government records.
Neither Roth nor Sinclair has publicly responded to these latest allegations. The case filed by Jones is still pending, and both Roth, Sinclair and Ooblix maintain their right to defend themselves against all accusations.
