SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Value Investing
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Paul Senior who wrote (33584)2/20/2009 8:55:28 PM
From: Broken_Clock1 Recommendation  Read Replies (2) of 78763
 
Paul
I have related this story here(SI) before. About 6 years ago I had a real estate investor I worked with that used to manage a San Francisco brokerage. I met him via referral from a reliable source so at first I took him at his word. He put a knife in my back over a large deal, costing me over a million clownbux. I had only recently discovered the power of google at the time and spent several hours googling him...and found one document from a federal court case. Here is a more recent finding.
sec.gov

I then went to the SEC and they refused to confirm whether he was licensed or not(they were protecting his civil rights, I was told). I found and contacted his parole officer through the federal prison system online data base and the FBI. His parole officer also defended him. despite the fact he was still proffering himself as an actively licensed securities dealer, not the FBI, not his parole officer, not the SEC cared a hoot. I even offered to wear a wire and bust his sorry ass and they all declined.

To this day he is likely still out there lying and scamming. This guy assisted in selling $30,000,000 in fraudulent bonds to mom and pop investors(like churches with one or two million to invest for pensions). He did 9 months in a country club fed pen and came out to steal more without a second thought. Nothing surprises me anymore.

edit.
This is the original doc I found, or at least very nearly like it.
ca6.uscourts.gov
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News