I asked if he was receiving any form of compensation or benefit for his posts, because it's remarkable the amount of time he's spending defending Internet investment advisers, and the never, ever-licensed stock brokers Berber and Moor, who walked away with in excess of $400 million in cash and stock - an ill-gotten hoard more than 90% of which is directly attributable to ongoing racketeering activities - that is, bribery through interstate mail (mail fraud) and obtaining money under fraudulent pretenses through the Internet (wire fraud). Berber and Moor are concerned about their not having been licensed; for example, their attorney recently contacted me and defended their unlicensed status, claiming they were not required to be licensed. That argument is laughable. How would any of you like your children to be driven to school by a bus driver without a driver's license? Yet Berber and Moor solicited clients, interacted with clients, advised clients, proposed and executed countless financial arrangements as brokers with investment advisers - all without ever having qualified themselves as stock brokers, which is required of everyone else operating as a broker in this country. At least AP was a registered broker when he worked as an MM. But Berber and Moor never were. And, if any of you are interested, the kickback scheme has roots in Berber's previous business dealings: before he started his own operations he licensed his software to the infamous Block Trading, whose principal Chris Block has been permanently banned from the securities industry. Block paid Berber a fixed cut or kickback of commissions Block earned, which as we know is strictly verboten by NASD and SEC to any unlicensed entity. Moreover, anyone familiar with discount brokers who engage in order flow arrangements know that they MUST be disclosed, in writing. Of course Berber, Moor and Trading Places never disclosed anything, because if their clients had known about the kickbacks then they would have been armed with the knowledge that the recommendations were designed with one goal, and only one goal in mind: skyrocketing commissions, the ruin of their clients bedamned. Also why Berber and Moor used third-party IA's to orchestrate their schemes, because if they had operated an IA themselves then everyone would have known that brokers interested in commissions alone were making the recs.
Consider this: AP involved maybe a dozen co-conspirators (yes, including FBI agents), but only one chat site, his. But in this case, Berber and Moor, we're talking dozens of the leading day trading advisory sites all over the country corrupted, you name one, I'll show you one that was involved, and not only Trading Places, but many others, too many to list here but they're listed in the complaint filed in Texas federal court. Then when Congress held day trading hearings in 1999 and 2000, and its PSI staff investigated the matter, in cooperation with SEC, Berber, Moor and the sites lied to Congress and SEC. In due course, that may very well come back to bite them badly, as I've alleged the cover-up as well in Texas. Note that while Berber and Moor are filing sanctions motions calling me a menace to the judicial system, what they have never done is actually file an answer to my serious, specific allegations, let alone have they filed counter-claims say for defamation, which an innocent man likely would, considering that when I filed racketeering claims against them I in effect called them criminals (and indeed in the complaint one of my requests is that the Court recommend to the United States Attorney that they be criminally prosecuted.) Now maybe some of you see why I said, in my opinion, AP's conduct is jaywalking relative to what Berber and Moor did, and why I wonder how AP is in prison but Berber and Moor are living out their wildest mogul fantasies, wealth built on the destruction of their clients - every estate they buy (Berber's the most expensive in all of central Texas), private jet they take, yacht they buy/hire, 5-star dinner and hotel they enjoy, all of it paid for by traders who now are left with nothing, completely ruined. And not just those traders themselves, how about their families? What happened to me didn't stop with me, it affected many loved ones around me. I'm fortunate they have believed in me.
Now I didn't say TS is definitively being paid or benefitted; I asked him; and he answered. Whether or not his answer is credible is another question. If he lied, that's going to come out sooner or later.
As for who's paying whom in consideration for what activity on the Internet, you'd be surprised. Considering that I have evidence that dozens of Internet investment advisers were paid by Berber and Moor for years to deliver worthless securities recommendations to thousands of traders, ruining virtually all of them, and the large number of aliases I've uncovered that were employed in aid of this widespread scheme to defraud the public, you be the judge whether or not it was a fair question, all things considered.
BTW, there are some paid bashers/touters out there I've no doubt but I wouldn't look for them behind every negative post....... |
