Gold Coaster Mikael Wolfe moves out of office spaces “quickly” ahead of revelations over stem cell treatment
A BUNCH of business cards is the only trace of “serial entrepreneur” Mikael Wolfe at his Labrador offices after it was revealed he has been referred to authorities for alleged unethical practices.
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A BUNCH of business cards is the only trace of “serial entrepreneur” Mikael Wolfe at his Labrador offices.
It has been revealed Mr Wolfe has been referred to authorities for alleged unethical practices working as an agent offering stem cell treatments.
The tenants at his old office say he left in a hurry.
Mr Wolfe, who was born Michael Farrelly, was looking to charge patients up to $44,000 upfront for clinically untested stem cell treatments.
Mr Farrelly put people in touch with clinics who would administer the steam cell treatments his company’s promotional videos claimed could treat a plethora of diseases, including multiple sclerosis, leukaemia and infertility.
Many of the clinics administer the therapy for “rejuvenation” or joint treatment.
The facially-tattooed businessman with a love of motivational platitudes was working through the company, Autologous Stem Cell Research Organisation.
A spokesman for the Queensland Health Ombudsman confirmed Mr Wolfe had been referred to the organisation for alleged unethical practices.
The spokesman could not say whether or not Mr Wolfe was under investigation.
Mr Wolfe did not return calls from the Bulletin yesterday.
At the Brisbane Rd offices he lists on websites for his companies, new tenants said he had appeared to have moved from the building a few weeks ago.
“It looks like he left pretty quickly by the way he left (the office),” a worker said.
“There were business cards everywhere and printers on the desks.”
Online searches show Mr Wolfe claims to have patented an erectile dysfunction patch and has previously advertised online for backpackers to work for him.
He said he was offering jobs with a $100 a day retainer, with on-target annual earnings of $250,000.
“My top sales guy makes $15,000 per week,” the job advertisement states.
“This is an easy product to sell as it relates to Men whom (sic) cant (sic) gain an erection and ejaculate to (sic) quick. This product sells its self (sic).”
According to Mr Wolfe’s LinkedIn page he works for companies who have the websites tap-medical.com and adelaidestemcellclinic.com.
He also claims he is working under, or has worked with, Acural Acquisitions Corp, Collosium Limited and ESSASSIN-X Technology Corp.
It appears the businessman has added to his numerous tattoos in the past two years since the Gold Coast Bulletin photographed him in 2014.
Since then it appears he has tattooed the Freemason’s symbol of square and compass on his left cheekbone, among other tattoos.
“Watch who you think has your back, it’s. (sic) Often your enemy in disguise,” he states on his LinkedIn page.