Beware his latest scam: The Genesis Project

John Michael Doust is a convicted fraudster who has been imprisoned in the UK for money laundering, fraud in general and upfront or advance fee fraud in particular.

John Doust has been imprisoned in the UK at least three times already. In 1993 he was jailed for four and a half years. He was imprisoned twice in the 1980's for similar fraud schemes for vast sums of money.

Doust has been operating for the last year an advance fee fraud for mortgages and equity release schemes from rented offices at the Reception Building, Dominion Beach, Ctra. de Cádiz Km.161, 29680 Estepona, Málaga. Offices at Dominion Beach are not cheap.

Doust’s operation is run under the title TMG The Mortgage Group SA with the web of criminal conspiracy embracing the names Midas Fountain Inc. (a Panama company), TMG iberia. COM, Iberia Mortgages Direct and the Mortgage Corporation. These supposed corporate entities may or may not exist in the real world but are part of a labyrinthine scheme of obfuscation.

In the past few years Doust has operated a bogus and illegal banking operation, Monaco Capital Direct, offering high return rates on deposits. Monaco Capital Direct was registered in the US state of Indiana where the regulatory authorities secured a court injunction to preclude Doust from holding the company out as a bank. Doust took hundreds of thousands of pounds from unwitting and gullible investors who are still awaiting the return of their funds.

John Michael Doust was born with the surname of De-L’ouest and that was the name he used in his first marriage in 1972.
He then used a number of other names changing on a couple of occasions by Deed Poll. (A Deed Poll was a legal way to change your name officially in England). In the mid-1970’s he changed his name to “DOUST” then to “WEST” then to “DEOUST”.
When he was jailed on one occasion in Bristol Court it was under the name of “WEST”. The name West was also used when he was running a bogus company under the Trading name “CAVENDISH CRUISE CLUB” in 1983.
He was also operating a scam in 1976 to 1980 under another trading name of CRUISE DRIVE TOURS”.

Doust’s fraudulent activities also encompassed corporate identities CCS Holdings Ltd., Sierra Property Holdings SL. and Pineapple Corporation.

His 'companies':
Midas Fountain Inc. C.I.F. N442470G
Sierra Property Holdings S.L.
TMG Iberia; Midas Fountain Inc
Iberia Mortgages Direct
The Mortgage Group, S.A. - To start up an S.A. company in Spain usually means you need to have approx. 100,000 euros as a deposit. So this is a bogus company
Monaco Capital Direct
Monaco Bank of Trading

Bank Account Details:
John Michael Doust
Bank: Banco de Andalucia
Manilva, Malaga, Spain.
Account Nº: 0004-3175-79-060-04016-60
IBAN Nº: ES61-0004-3175-7906-0040-1660

Previous Addresses:
Edifico Los Pelicanos 301, Manilva, Malaga, 29691
Calle Virgen del Carmen 3. Sabinillas. Manilva. 29691 Málaga