SMARTLAB is not a legitimate investment opportunity — it’s a calculated crypto scam. Behind the scenes is Harvey Joseph Dockstader Jr., a man with a known criminal past.

Dockstader was previously convicted in the United States for operating the Elite Activity pyramid scheme. Although his conviction was reversed on a legal technicality, the court documents and evidence remain public — and damning.

While victims like Tracy Sellers bravely stepped back from the brink, others appear to have played direct roles in facilitating payments and onboarding new investors. This distinction is crucial: being targeted by scammers is not the same as enabling the scam.

Today, Dockstader appears to rely on figures like Reynaldo Nunez and Brandon Patterson — and service providers such as Stephen Randall Oveson — as part of the financial ecosystem surrounding SmartLab. While some of these individuals pressure investors directly, others may be involved through ancillary services used by SmartLab participants.

This isn’t innovation. It’s organized fraud — and we have the receipts.

What Is Smartlab?

SMARTLAB is pitched as a “private subscription-based crypto platform” with a promise to turn your investment into massive monthly payouts. It’s advertised through secretive Zoom calls, vague PDF presentations, and a revolving door of self-proclaimed financial consultants. Victims are lured in with promises of returns like $2,600/month on a $27,000 package, or even $9,000/month for larger amounts.

The scheme’s buzzwords? Crypto subscriptions, consulting agreements, and promotions that are always about to “end today.”

But what lies beneath is a dangerous web of lies, manipulation, and financial fraud.

The Network Behind SMARTLAB

Reynaldo Nunez

Phone: +1 (347) 624-3163
Email: reynunezcoach@gmail.com

PDFNunez plays the role of the closer. Once a victim expresses interest, Rey applies pressure to wire money immediately — often under the guise of a vanishing bonus. When victim Tracy Sellers hesitated, she was met with emotional manipulation and eventually received a “formal demand letter“ from Nunez seeking $5,000 for her failure to invest — claiming emotional distress!

We have recordings of Rey demanding payment and attempting to coerce Tracy. Rey also charges a consulting fee and has threatened victims who back out.

Brandon Patterson

Phone: +1 (801) 404-9620
Email: aztecdumpsters@gmail.com

Brandon is the handler. Tracy was told to wire her investment directly to Patterson, who would forward the funds to another associate (see below). He appears to be a critical cog in the SMARTLAB money funneling system.

Banking Details:

This information was shared directly with Tracy during her attempt to make the payment.

Stephen Randall Oveson

Stephen Randall Oveson

President of Arbejdsom Corp
Phone: +1 (801) 879-4434
Email: sroveson@arbejdsom.com
Website: arbejdsom.com

Oveson presents himself as an independent money services business. But according to Tracy, he was tasked with converting crypto into USD and facilitating payouts — all under the guise of a legitimate contract.

“Randall told me he has nothing to do with Smart Labs International, but he was the one who would convert my money from crypto to USD and send it back to me.” — Tracy

Business Bank Details:

  • Bank: Chase Bank
  • ABA Routing #: 124001545
  • Swift Code: CHASUS33XXX
  • Account #: 503xxxxxxx
  • Business Name: Arbejdsom Corporation
  • Address: 492 N 120 W, Lindon, UT 84042

This setup alone raises questions of possible money laundering and structuring to avoid regulatory scrutiny.

Is Crypto Conversion Really Legal Without a License?

Stephen Randall Oveson claims that no Money Services Business (MSB) license is required in Utah for crypto exchange services. However, this is misleading and omits the full scope of the law. According to the Utah Department of Financial Institutions (DFI), “money transmission” includes transmitting money within the United States or to locations abroad by any and all means, including electronic transfer. This explicitly covers crypto-to-fiat conversion when done on behalf of others — a core service Mr. Oveson admits Arbejdsom provides to SmartLab investors.

Utah’s Money Transmitter Act (Title 7, Chapter 25) outlines the regulatory framework, including the requirement of audited financials and registration via the Nationwide Multistate Licensing System (NMLS). Anyone facilitating money movement, including crypto conversion and payouts to investor bank accounts, may fall under this act — especially when done commercially.

Despite his claims, a check of the NMLS Consumer Access database does not list Arbejdsom Corp as a licensed money transmitter. If Mr. Oveson is conducting these activities without oversight, he may be exposing himself — and the investors — to serious violations of anti-money laundering (AML) and anti-terrorism financing laws.

Facilitating transactions for a scam, even unknowingly, doesn’t absolve someone of liability. It only raises more red flags.

Victim Testimony: Tracy Sellers

Tracy Sellers nearly lost $138,000 USD to SMARTLAB — only stopped because two banks blocked the transaction. What followed was a wave of emotional manipulation, harassment, and threats.

Despite signing a consulting agreement under pressure, Tracy never transferred the funds. SMARTLAB leaders like Rey and Brandon acted as if the transaction was done — a psychological trick designed to trap her further.

“Rey kept saying it was urgent. That I’d miss the promotion. Then when I hesitated, he accused me of wasting his time and sent me a formal demand for damages.”

Tracy has bravely come forward with emails, contracts, messages, and recorded calls. Her evidence helped us name and shame the scammers.

Investor Warning: Robert Peter Vandenberghe

Robert Vandenberghe claims to be a retired pharmacist and SMARTLAB investor. According to his texts, he invested $54,000 USD and is expecting a $700,000 payout. He says he receives $2,600/month and tried to convince Tracy to send her money in before the “promotion ended.”

We’ve obtained photographs of his driver’s license, pharmacist licenses, and club memberships — all identifying him as Robert P. Vandenberghe. But we must ask:

Is he a real investor, or is his identity being used by the scam?

Bob texted Tracy urgently, trying to convince her to wire funds to Brandon Patterson, then suggested she do a smaller investment if she was unsure.

How The Scam Works

  1. PDFInitial Pitch – Victims are shown exclusive offers via PDF or Zoom. The language is vague but emotionally compelling.
  2. Verbal Commitments – Scammers pressure victims to make verbal or written commitments to send money.
  3. Wire Transfer Demands – Victims are instructed to wire large sums to personal or business accounts, including those linked to Brandon Patterson. One investor was told by a SMARTLAB promoter that the funds would then be forwarded to Stephen Randall Oveson of Arbejdsom Corp for crypto-to-USD conversion. Mr. Oveson has denied promoting SMARTLAB in any capacity and states he provides independent financial services to a variety of clients.
  4. Token Consulting Contracts – Victims sign “consulting” or “crypto conversion” Agreements That Sound Professional — but are structured to give the appearance of legitimacy only.
  5. Shaming & Threats – If the victim backs out, they receive emails threatening lawsuits, reputational damage, or financial penalties.
  6. Crypto Conversion Layer – Funds are routed through a supposed licensed converter like Stephen Randall Oveson — who distances himself from SMARTLAB but facilitates money flows.

This setup resembles classic advance-fee fraud, unlicensed securities solicitation, and potentially wire fraud.

Thank You Tracy

To Tracy Sellers — your courage in coming forward with your story, recordings, and documents is saving others from financial ruin. Your testimony confirms what many suspected: SMARTLAB is a coordinated scam.

Call To Action

Have you been contacted by:

  • Reynaldo Nunez
  • Brandon Patterson
  • Robert P. Vandenberghe
  • Stephen Randall Oveson

Or have you been pressured to wire money to:

  • Arbejdsom Corp
  • K. Brandon Patterson

We want to hear from you. Share your story confidentially so we can expand this investigation.

This is just the beginning. More names are coming. More victims are speaking out. Let’s shut SMARTLAB down.

More SmartLab Investigations: Watch the Full Series

If you’re just discovering the scale of this operation, make sure to watch the full video series uncovering SmartLab’s lies, leadership deceptions, and ongoing recruitment tactics. Each of these exposés adds new evidence and insights into the mechanics of this Ponzi scheme and the people behind it:

Each video links back to the ongoing blog investigation and includes verifiable names, visuals, and source material.

Editorial Amendment – Right of Reply from Stephen Randall Oveson

Following the publication of this blog, Stephen Randall Oveson contacted us to clarify his position and express concern over being referenced in relation to SMARTLAB. Mr. Oveson has stated:

“I have never promoted SMARTLAB to anyone, publicly or privately. Arbejdsom existed long before SMARTLAB. I provide independent services that some SMARTLAB investors have utilized, but that does not imply an endorsement or affiliation. Any suggestion that I pressured individuals to invest or acted as a front for SMARTLAB is categorically false.”

He also confirmed:

“In the state of Utah, where I reside, there is no MSB license required for crypto exchange services. Nevertheless, Arbejdsom Corp works with MSB-licensed partners to ensure regulatory compliance.”

Mr. Oveson has stated that he is awaiting an explanation from SMARTLAB’s leadership regarding the conduct of Reynaldo Nunez, and may reconsider whether to continue providing services to any associated individuals.

We welcome his comments and have made editorial refinements to reflect his position accurately.

About the Author

I’m DANNY DE HEK, a New Zealand–based YouTuber, investigative journalist, and OSINT researcher. I name and shame individuals promoting or marketing fraudulent schemes through my YOUTUBE CHANNEL. Every video I produce exposes the people behind scams, Ponzi schemes, and MLM frauds — holding them accountable in public.

My PODCAST is an extension of that work. It’s distributed across 18 major platforms — including Apple Podcasts, Spotify, Amazon Music, YouTube, and iHeartRadio — so when scammers try to hide, my content follows them everywhere. If you prefer listening to my investigations instead of watching, you’ll find them on every major podcast service.

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