Stem cell ‘guru’ bolts

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 stem cell treatments his company’s promotional videos claimed could treat a plethora of diseases, including multiple sclerosis, leukaemia and infertility.

The businessman, now with extensive facial tattoos, and 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.

A spokesman for Queensland Police said they were aware of Mr Wolfe but could offer no further comment.

Mr Wolfe did not return calls yesterday.

At the Brisbane Rd offices he lists on websites for his companies, new tenants said he 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.

According to Mr Wolfe’s LinkedIn page he also claims he is working under, or has worked with, Acural Acquisitions Corp, Collosium Limited and ESSASSIN-X Technology Corp.