Much More on Jones Jensen, ZSUN's auditors!: "Breaking News! Starnet’s auditors convicted of racketeering, racketeering conspiracy, conspiracy and multiple counts each of money laundering, securities fraud and wire fraud.
Gambling Magazine published the story some time ago, but it’s only today that our excellent private investigator into stock market frauds, pointed out that Kevin Orton of Salt Lake City was one of the auditors in the firm used by Starnet to audit their cooked books.
All the crooks are going to jail, next is Meldon Ellis and the others, shareholders must ask for the immediate resignation of the mobsters auditors, they stink badly!!!!!!
Read more here:
The Starnet Island was infiltrated by a group of special agents, and they will tell us everything you always wanted to know, starting in a few days at: TheStarnetIsland.com Everybody will be invited!
Gambling Magazine is amazed to see the huge interest many companies have shown to cover the Starnet’s scandals. We are aware of at least ten who will soon start publishing their own information. We wonder what TheStarnetIsland.com is all about? The name Starnet could be just a coincidence. The biggest crooks deserve the biggest coverage, so everybody will be happy!
Another Starnet fatal error!
When their previous auditors resigned, Starnet could not find new auditors for months, nobody wanted to touch mobsters involved in criminal activities. Eventually, they found a bunch of crooks in Utah, but that was another stupid decision Starnet took. These auditors are on the black list with the SEC and the authorities. They are also under investigation for their direct involvement in some pretty dirty stock market scams and irregularities for their clients.
We received a lot of documents about these scams and need a few days to go through them. The SEC will most probably investigate any accounting coming out of these auditors, and Starnet will end up in big trouble, because they have always cooked their books. By the time we finish publishing all the information we have, no serious investor will ever be able to trust Starnet’s audited figures.
Starnet will have no choice, but to fire their auditors, and they will find it very tough to find new ones. Many companies involved with these auditors had their trading rights revoked, which means their shares can no longer be traded on the open market. This is probably what will happen to Starnet.
Living on Borrowed Time
Starnet's attempt to enter the legal arena in Belgium in respect of Claude Levy, Gambling Magazine, and Starnet News is one of those forays into the courts that one of the parties will come bitterly to regret. The so-called judgement in default was fairly easy to obtain since all the main parties involved had previously never been served with any court documents. If they had no prior knowledge of any court case or hearing, how could they defend themselves?
Judgement will be set aside
On hearing the news, a team of top lawyers was briefed to challenge Starnet and CEO Meldon Ellis. Gambling Magazine has heard that the judgement will definitely be set aside, in effect thrown out of court. That much is certain. The judgement must, and will, be set aside. It was incorrectly obtained. Once this happens, the real case may begin.
Most people are genuinely surprised to hear that Starnet has lasted as long as it has. But even those living on borrowed time eventually run out of time itself, as Starnet will do, any day now. [Read The Full Article...]
STARNET BREAKING NEWS!
Starnet’s new auditors will be auditing their cooked books inside the jail!
Thanks to our private investigator, one of our readers, massive stock market frauds and pump & dump operations involving offshore boiler rooms have been discovered. We will reveal all these major financial scandals involving Starnet’s auditors. Starnet’s shareholders must ask that the auditors be fired right away. It won’t look very good if they audit Starnet’s cooked books inside the jail! What a team, Starnet, the biggest crooks in the industry, having for auditors crooked auditors going to jail!
Starnet’s new auditors are also cooking the books!
The SEC is suing the crooked auditors and they should end up in jail together with Starnet’s directors and officers.
Benjamin Wong the accountant, and Margaret Carley, the wife of the top man at Starnet have always openly admitted that Starnet was cooking the books and cheating the tax man. Benjamin Wong was even proud of it, but he said that the auditors never checked them, so no worries! [Read The Full Article...]
Proceedings Instituted Against R. Gordon Jones and Mark F. Jensen
The Commission has instituted public administrative proceedings pursuant to Rule 102(e) of the Commission's Rules of Practice against R. Gordon Jones and Mark F. Jensen, two CPAs in Salt Lake City, Utah. Jones and Jensen are charged with having engaged in improper professional conduct by recklessly violating professional accounting and auditing standards in their audit of the 1995 financial statements of a now-defunct Utah corporation, Dynamic American Corporation. Jones, the engagement partner, was primarily responsible for the audit field work. Jensen performed the concurring partner review on the audit.
The Commission previously instituted public administrative proceedings against Dynamic and six individuals based on a 1996 "pump and dump" scheme by which about $4 million in Dynamic stock was sold to the public. [Read The Full Article...]
Bloomberg also reported the story:
Salt Lake City CPAs Accused of Bad Audit on Dynamic American Washington, May 30 (Bloomberg) -- Two Salt Lake City accountants improperly audited Dynamic American Corp., a defunct Utah company that misrepresented the value of its South American mining properties, the Securities and Exchange Commission said.
The SEC alleged in administrative charges that CPAs R. Gordon Jones and Mark Jensen ``recklessly'' violated professional auditing standards in a 1995 audit of Dynamic American, which described itself as a mining company. [Read The Full Article...]
Other related links:
Shady company looking for auditors! Company with huge problems looking for auditors, any auditors, we don’t care, as long as we can find someone in a hurry. [read more...]
The new auditors Jones, Jensen & Company, of Salt Lake City, Utah! What a joke! [read more...]
STARNET'S new auditors will resign when they realize the extent of the massive accounting frauds! [read more...]
No they won't resign they will just cook the book for Starnet, no problem!
IMPORTANT READ THIS:
UNITED STATES DISTRICT COURT DISTRICT OF COLORADO
COMPLAINT FOR VIOLATIONS OF THE FEDERAL SECURITIES LAWS
CLASS ACTION
FALSE AND MISLEADING FINANCIAL STATEMENTS
THE SURPRISE DISCLOSURE OF FIVE YEARS OF UNRELIABLE FINANCIAL STATEMENTS
VIOLATIONS OF SECTION 10(B) OF THE EXCHANGE ACT AND RULE 10B-5 OF THE SEC AGAINST ALL DEFENDANTS
securities.stanford.edu
EXCLUSIVE INSIDE NEWS!
The majority of the Directors at Starnet want to get rid of Meldon Ellis, and they have secretly offered Claude Levy Meldon’s job. The offer was refused by Claude who will never work for the mob.
The directors have confirmed they are planning to fire Meldon Ellis at the next annual meeting in September. The shareholders are all complaining, and they all want Meldon Ellis out, he is a total failure. [Read The Full Article...]
Shame on Starnet to have Meldon Ellis!
This just shows you that this junk company will always be junk!
Some shareholders lost over 20% yesterday with the classic pump and dump! Not bad, 20% in two hours!
You only need to read his latest press release to realize how stupid the man is. "Starnet obtained a default judgment in the party’s absence" Big deal, nobody was informed there was a court case or a hearing, what a loser!
Lawyers have been appointed yesterday in Belgium to challenge Starnet and Meldon Ellis. Their stupid act will be set aside in no time, it is just a simple formality which the court can’t refuse when nobody knew anything about a court case, or a hearing. Nobody served any documents on the three parties involved, easy to get a default judgment in their absence.
No wonder Starnet is sinking with a crook and a liar running the company! [Read The Full Article...]
MORE STARNET NEWS:
- Starnet’s directors offered Las Vegas Casino Inc. ONE MILLION shares in the company as settlement for the lawsuit, plus to waive all the license fees for twelve months. The offer was rejected by Las Vegas Casino Inc.
- Key witness to testify against Starnet in the criminal investigation in Vancouver.
- The directors are totally fed up with Meldon’s total incompetence. To keep them quiet, Meldon has offered them an increase of 100% on their number of stock options. Starnet will need to print more shares again. Because Starnet can’t find any new licensee, the directors were also offered to have their own secret online casino, if they could shut up, and put up with the corruption going on at Starnet.
- The Starnet Island was infiltrated by a group of special agents, stay tuned for the update.
WARNING about STARNET
Who is STARNET?
Worst game developer Worst software Worst systems Worst management & staff Worst company in the industry Most broken promises Biggest lies Cheat the players and the licensees Accounting never balances Criminal charges will be filed Involved in child pornography Most fraudulent misrepresentations Worst affiliate program Never give them your credit card number Expert for cooking the books Their auditors also cook the books Rigged games Directors and officers left the country Slowest to pay the players, if they pay at all Massive stock scams and manipulations Worst over-billings Most inefficient game developer Worst licensees Most corrupted game developer Worst technical support Biggest crooks The mob controls the company
If you are a potential Starnet’s shareholder, licensee, or just a player wanting to use their software, DON’T do anything before you read:
SPECIAL Coverage of STARNET'S huge problems
and
StarnetNews.com discover the real Starnet, the real nightmare!
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