Is the US Financial System One Big Ponzi Scheme?
April 5, 2009
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2 Responses to “Is the US Financial System One Big Ponzi Scheme?”
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What’s the matter cat got every ones tongue? The lie about 9/11 and the war was just a distraction to what will become the biggest ripoff in history. Bush and Cheney should not worry about their lies about the war or torture or anything else they should worry about covering their a$$e$ for how they gave our country away in a matter of 8 years with out a word from congress or any Republican or Democratic leaders. Is this the biggest conspiracy and Terror threat yet to our country or is this how the new world order is being created?
WHAT IS A PONZI SCHEME?
According to SEC filing dated October 30, 2006 – Sidney D. “Trip” Camper was fired from Elandia Inc. when the Ahkoy family fell victim to investment fraud headed by Elandia’s Allen Stanford and Trip Camper. Forced to resign by Allen Stanford himself (see SEC link below), Trip Camper moved on to his next victim, a private company in Los Angeles. In true School of Stanford form, Trip Camper promised to take the private company public. Instead, Trip Camper recruited a new partner in crime, Ed Berkhof and together they formed a “shell” holding company, milked the private company of thousands of dollars, illegally obtained company stock and pretended to be the company owners- and owners of all the assets. By pretending to own the company’s assets, Trip Camper and Ed Berkhof worked to dupe private investors out of capitol that they used to pay themselves and their creditors. This is a Ponzi Scheme. Instead of taking the company public, Trip Camper and Ed Berkhof spent thousands of dollars, took a trip to London on a company American Express card, performed a hostile takeover, and ruined the honest, profitable company. Since then, the Ahkoy family is suing Elandia Inc., Allen Stanford is in Federal prison, and Trip Camper is still using The Stanford Group as a reference on his curriculum vitae. FBI will hopefully catch up with Allen Stanford’s den of thieves. Don’t let this happen to you.
http://www.secinfo.com/d14D5a.v6Q98.c.htm