Misam Abidi / Star Credit Holdings
Summary
Misam M. Abidi, 47, of Nolensville, Tennessee, faces an 11-count federal indictment unsealed June 13, 2026, for allegedly operating a cryptocurrency investment Ponzi scheme through Star Credit Holdings between 2020 and 2024. Prosecutors allege he diverted over $1.9 million of investor funds to himself and family members, and the broader enterprise involving co-defendants Ali Raza Galani and Anisha Abidi allegedly caused losses exceeding $6.3 million across 17 states. Related state regulatory actions by the Tennessee Department of Commerce and Insurance and the Tennessee Attorney General resulted in a temporary injunction and asset freeze in May 2024.
Connected Entities
1 entities · 10 linked investigationsTimeline(5 events)
2020-01-01
Star Credit Holdings allegedly begins operating as a fraudulent cryptocurrency investment scheme, soliciting investors with promises of guaranteed high returns.
DOJ Western District of Tennessee press release2024-05-06
Tennessee Department of Commerce and Insurance Securities Division and the Tennessee Attorney General file legal action against Star Credit Holdings LLC, NumisMe LLC, Satori Credit Solutions LLC, Misam Abidi, Anisha Abidi, and Ali Raza Galani for securities law violations. A temporary restraining order and asset freeze are obtained.
Tennessee TDCI press release2024-05-07
Tennessee court approves the temporary injunction, freezing company assets and barring further investment activity in Tennessee. Total alleged investor losses across 17 states reported as exceeding $6.3 million.
The Center Square2024-12-31
Star Credit Holdings scheme alleged to have concluded after approximately four years of operation.
DOJ Western District of Tennessee press release2026-06-13
U.S. Attorney's Office for the Western District of Tennessee unseals an 11-count federal indictment against Misam M. Abidi charging wire fraud (x3), unlicensed money transmission (x2), false tax return preparation (x3), and money laundering (x3). The case is prosecuted by Assistant U.S. Attorney William Carey Bateman III.
DOJ Western District of Tennessee press releaseDecision Log
- hash: 98j1YcRUESdKgpvGwP8J19VpP3H9ArFfCurYiDcD1ebM
This investigation is cryptographically anchored to the Solana blockchain and source URLs are archived via the Internet Archive.
model: claude-sonnet-4-6
generated: 6/15/2026, 11:14:51 PM
last updated: 6/15/2026, 11:14:59 PM
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