Since 2013, Louis Bevilacqua Engineered a Public Company to Defraud Investors—Meet 1847 Holdings
Since its formation in 2013, 1847 Holdings LLC has operated not as a legitimate business, but as a publicly traded shell company structured to raise capital, enrich insiders, and collapse under the weight of its own deception. What began over a decade ago as a corporate experiment in market exploitation has now revealed itself as a masterclass in legal manipulation, toxic financing, and regulatory evasion.
At the heart of this scheme was a Management Services Agreement, crafted by securities attorney Louis A. Bevilacqua—who not only served as legal counsel, but also held an equity stake in the company’s external manager, 1847 Partners LLC. That agreement handed full operational control to Ellery W. Roberts while stripping away all meaningful oversight. It explicitly waived fiduciary du...
