FRAUD ALERT-KEN JOHSON & JEFF BERWICK- “Gult’s Gulch”- Chilean Fraud

In July of 2014, we received our first consumer complaint involving a real estate scheme called “Gult’s Gulch” located Southwest of the city of Santiago in the nation of Chile.

Gult’s Gulch derives its name from a “Atlas Shrugged” a book released in 1957 by the ‘late’ author Ayn Rand, which has become a ‘cult’ classic amongst Libertarian groups.

The scheme pitched as a anarchist/libertarian utopia and refuge from the threat “economic, social, and political collapse of the United States and coming financial meltdown caused by the Federal Reserve, followed by a Homeland Security police state”.

Ken Johnson

Kenneth “Ken” Johnson

The scheme was headed up by Mr. KEN JOHNSON who hails from the Minnesota Twin City’s area and most recently California.KEN JOHNSON has accused one of his ex-employees, account manager-KEN CARPENTER of mismanagement as the reason he lost all of the money victims invested.

JeffGGC

Jeffrey “Jeff” Berwick The “Dollar Vigilante”

The schemes Founding partner and Top Promoter-JEFF BERWICK who hails from Edmonton Canada claims that he was duped by Ken Johnson just like everyone else.

BERWICK who runs a “Blog” and “Podcast” monikered as http://dollarvigilante.com/,  and others closely associated to the Galt’s Gulch debacle claim that all of the responsibility lies with KEN JOHNSON who they allege made off with the investors money.

 

The entire matter appears to have been just another CONSPIRACY to entice, lure and steal Millions of dollars from the unsuspecting investors constructed as a means to avoid and evade tax authorities by directing the victims to wire their funds to the ‘Trust Account’ of STEWART and ASSOCIATES, a law-firm domiciled in Wellington, New Zealand. http://www.stewartlaw.co.nz/

From all appearances literally HUNDREDS of US and Canadian based investors have been defrauded of Millions of dollars.

Currently our investigative partners are working to gather victims and evidence to pursue Criminal charges in cooperation with the US Treasury Department (IRS) against all of the suspects involved in this conspiracy.

If you have been victimized by the individuals indicated in this public release or have material information that could assist and lead to Criminal Indictments of those responsible please contact this forum for additional information.

You may contact us at IFA@cmail.nu or via our “Contact Us” page.

{Should you be one of the ‘involved’ defendant(s) of this case and desire to resolve this matter, you may contact this forum and arrangements shall be made through an independent mediator to facilitate a settlement}

For additional information see the links included below:
http://galtsgulchchile.com/
http://dollarvigilante.com/
http://dollarvigilante.com/blog/2013/9/3/galt%E2%80%99s-gulch-chile-%E2%80%93-where-the-world-is-coming-to.html
http://www.motherjones.com/politics/2014/02/libertarian-expat-communities-chile
http://panampost.com/adriana-peralta/2014/09/04/galts-gulch-chile-libertarian-paradise-turned-nightmare/
https://www.internationalman.com/im-forum/viewthread/2757/
http://www.youtube.com/watch?v=6ACyTkJOjww
http://anarchast.com/about/
http://news.nationalpost.com/2014/09/26/freedom-and-liberty-not-enough-to-save-galts-gulch-chile-libertarian-community-from-bureaucracy-and-internal-dissent/
http://www.bitcoininspector.com/jeff-berwicks-warning-about-galts-gulch/

Beware of KEN JOHSON & JEFF BERWICK-Chilean Fraud “Gult’s Gulch”

In July of 2014, we received our first consumer complaint involving a real estate scheme called “Gult’s Gulch” located Southwest of Santiago in the nation of Chile.

Gults Gulch ChileGult’s Gulch derives its name from a “Atlas Shrugged” a book released in 1957 by the ‘late’ author Ayn Rand, which has become a ‘cult’ classic amongst Libertarian groups.

The scheme pitched as a anarchist/libertarian utopia and refuge from the threat “economic, social, and political collapse of the United States and coming financial meltdown caused by the Federal Reserve, followed by a Homeland Security police state”.

Ken JohnsonThe scheme headed up by Mr. KEN JOHNSON who originates from the Minnesota Twin City’s area and most recently California. KEN JOHNSON as accused one of his ex-employees/account manager KEN CARPENTER of miss-management for the reason he lost all of the money victims invested.

 

The schemes Founding partner and Top Promoter-JEFF BERWICK who hails from Edmonton Canada says that he was duped by Ken Johnson just like everyone else. JeffGGChttp://dollarvigilante.com/ BERWICK and others closely associated to the Galt’s Gulch debacle claim that all of the responsibility lies with KEN JOHNSON who made off with the investors money.

The entire matter appears to have been just another CONSPIRACY to entice, lure and steal Millions of dollars from the unsuspecting investors constructed to avoid and evade tax authorities by directing the victims to wire their funds to the ‘Trust Account’ of STEWART and ASSOCIATES, a law-firm domiciled in Wellington, New Zealand.
From all appearances literally HUNDREDS of US and Canadian based investors have been defrauded of Millions of dollars.
Currently our investigative partners are working to gather victims and evidence to pursue Criminal charges in cooperation with the US Treasury Department (IRS) against all of the suspects involved in this conspiracy.

If you have been victimized by the individuals indicated in this public release or have material information that could assist and lead to Criminal Indictments of those responsible please contact this forum for additional information.
You may contact us at IFA@cmail.nu or via our “Contact Us” page.
{Should you be one of the ‘involved’ defendant in this case and desire to resolve this matter, you may contact this forum and arrangements shall be made through an independent mediator to facilitate a settlement}
For additional information see the links included below:
http://galtsgulchchile.com/
http://dollarvigilante.com/
http://dollarvigilante.com/blog/2013/9/3/galt%E2%80%99s-gulch-chile-%E2%80%93-where-the-world-is-coming-to.html
http://www.motherjones.com/politics/2014/02/libertarian-expat-communities-chile
http://panampost.com/adriana-peralta/2014/09/04/galts-gulch-chile-libertarian-paradise-turned-nightmare/
https://www.internationalman.com/im-forum/viewthread/2757/
http://www.youtube.com/watch?v=6ACyTkJOjww
http://anarchast.com/about/
http://news.nationalpost.com/2014/09/26/freedom-and-liberty-not-enough-to-save-galts-gulch-chile-libertarian-community-from-bureaucracy-and-internal-dissent/
http://www.bitcoininspector.com/jeff-berwicks-warning-about-galts-gulch/

“New Solutions Financial” Ronald Ovendon Ponzi Scheme

It is alleged that between 2007 and 2011 a Major Fraud involving hundreds of Millions of dollars is once again perpetrated against thousands of unsuspecting victims from several countries.

The Kingpin of this fraud involving a “TAKE” of approximately $215,000,000 (TWO HUNDRED AND FIFTEEN MILLION DOLLARS) is identified as RONALD JAMES OVENDON of Ontario Canada.  Ovendon utilized menagerie of shell companies from around the world, such as New Solutions Financial Corporations II, III, VI, and a multitude of others.

The scheme surrounded the claim that Ovendon and his companies would take investors money and use it to “Factor” for significant vetted companies and return between 7 and 9% to to his investors annually.  When in actuality he and his co-conspirators allegedly concocted a very common yet sophisticated scheme in which he would “loan” the money to companies he controlled, thereby loaning the money to himself and then subsequently bankrupting the borrowing company.  Leaving him with an enormous amount of stolen money, which he then allegedly laundered and hid.

In order to continue perpetuating this scheme some of the investors received payments in the form of redemptions until January 2102 when apparently the new investor money coming in was no longer enough to keep the scheme going.

Those “front” companies involved in the alleged perpetration of the Ponzi scheme were New Solutions Financial Corporation, New Solutions Financial Corporation II, New Solutions Financial Corporation III, New Solutions Financial Corporation VI and 2055596 Ontario Limited. The shares of these companies were held by Grandluc Corporation, controlled by Ron Ovenden and Proforma Capital Inc. of Edmonton Alberta-controlled by Robert Frost and Permanent Value Asset management Ltd. aka: Argyle funds spc Inc. of Barbados controlled by Jeffrey Lipton.

Most of the stolen money was raised by the two major players who purported to credible “Independent” investor advisers, Mr. Robert “Rob” Frost of Alberta Canada who operated PROFORMA CAPITAL INC.  https://www.proformacapital.com/and Mr. Jeffrey Lipton (another Canadian) who operated a fund he called ARGYLE FUNDS SPC INC http://www.argyle-funds.com/ a Cayman Islands registered investment vehicle from his company he calls PERMANENT VALUE ASSET MANAGEMENT Ltd. located on the Caribbean Island of Barbados.

Once the house of fraudulent cards began to collapse together Frost, Lipton and Ovendon met with an accounting firm well known in Canada called MNP http://www.mnp.ca/  to act as trustee to finalize the perfect crime by seeking bankruptcy protection.

Although it was made a matter of record in the courts that all of the parties had a conflict of interest with MNP having previous business relationships the courts and the Ontario Securities Commission allowed the matter to be settled thereby granting what amounts to immunity for Ovendon with the blessings of the Canadian Government. All of this, even though also admitted into the record of the court and the OSC that there were multiple issues of deliberately making misrepresentations (aka: fraud) to the victim investors.   How nice!!

So the GLARING questions remain, where did the money really end up and who all got paid off with the stolen funds? And if the OSC and the auditor of the Ovendon companies FELDSTEIN & ASSOCIATES LLP both specifically state IN THE RECORD there is nefarious conduct and fraud, WHY are all of these criminals walking away “Scott Free” with the victims money?

We also learned that this was not Ovendon’s first brush with fraudulent loan schemes:

http://www.accountingweb.com/topic/firm-news/canadian-accounting-firm-charged-conflict-interest

If you have INFORMATION directly relating to this conspiracy relating RONALD OVENDON and his companies or  PROFORMA and ROBERT FROST, ARGYLE and JEFFREY LIPTON and the “Barbados Connection”   PLEASE contact this forum with the details we will if necessary keep your identity confidential.

The Criminals responsible for this travesty NEED to be brought to some form of JUSTICE!!

See Article from Edmonton Journal:

http://www2.canada.com/edmontonjournal/news/business/story.html?id=79f0ca35-3ff7-4323-b3d0-acee971311ce

Contact us at  ifa@cmail.nu or email us via our “contact us” page


 

Alert!! Timothy “Michael” and Jack DeAngelis-“Fighting For Silver”-FRAUD Allegations

Warning Ongoing Allegations for Financial Fraud against-http://www.silverdreamboxingcorp.com/

Timothy “Michael” DeAngelis

 ATHENS-OH_537975-TIMOTHY-DEANGELIS2006 Booking photo

Timothy “Michael” DeAngelis

It would seem the DeAngelis Brothers Crime Family knows no bounds!!!

Over and over again these Scam Artists continue their rein of Financial terror on unsuspecting victims.

They operate their crime syndicate all around the county, New York, Florida, Nevada!!

The original complaint against this crew began in 2008 when a 66-year old Michigan victim contacted our group to request our assistance in investigating James and Timothy DeAngelis for defrauding him out of more than $165,000.00.

The investigation uncovered a myriad of sham companies formed by the brothers to facilitate their fraudulent conspiracy.

“Fighting for Silver”

E&J Equity Group,Inc.,”

“Golden Silver Opportunities, LLC.”

“International Rarity”

“American Precious Metals”

James DeAngelis took a plea agreement in 2011 in federal court in New York and is serving time in Federal Prison for his involvement, while Timothy AKA: Michael DeAngelis, and their Brother John Aka: “Jack” DeAngelis, run a radio show allegedly out of Las Vegas, Nevada called “The Collectors Coach” enticing people into investing money with them for what amounts to worthless amounts of silver coins.

Timothy DeanglisTimothy/”Michael” DeAngelis current

(courtesy of LinkdIn)

If you suspect you have been enticed and/or defrauded by Timothy, Michael or Jack DeAngelis we urge you to contact this forum.

Jack DeAngelis-1Jack DeAngelis

See links below for additional information about these fraudsters.

http://www.justice.gov/usao/nys/pressreleases/January12/deangelisjamessentencingpr.pdf

http://www.ripoffreport.com/r/jack-deangelis/las-vegas-nevada-89121/jack-deangelis-the-collectors-coach-show-liar-scam-fraud-deception-rip-off-las-vegas-713824

http://www.youtube.com/watch?v=rQ3dNzHj_ak

http://www.youtube.com/watch?v=CeTBTrj_N0M

http://www.athensnews.com/ohio/article-18182-three-men-arrested-for-allegedly-trying-to-pull-off-check-scam.html

http://articles.mcall.com/1995-07-21/news/3053461_1_gold-coins-brothers-fraud-charges

WE URGE YOU TO CONTACT US!!!

For more information or to report a fraud you or someone you know has suffered from these people email us at:

internationalfraudalerts@cmail.nu

Beware-Raj Mahadevan, “Altos Escondidos”-Panama Fraud

BEWARE: Athisayarai Mahadevan (aka: Raj)

Altos Escondidos-Development Fraud

 

     Athisayaraj Mahadevan (aka: Raj) has promoted the “Altos Escondidos” developmentin Panama since 2007.  He and his original partner, Jes (Jason) Black, set up “Offering Documents” for the Ranger Panama Fund Series, S.A.  The purpose/intent was to lure potential investors into an apparent ruse involving a land (Resort) development project in the inland area of the Republic of Panama which existed only through a series of misleading official papers, phony land documents with false values and repeated promises of strong returns on their investments. 

Here are the facts:

     In August of 2007 Rebecca Castaneda a dentist in San Francisco, California emailed the victim information on an investment opportunity she was pushing in Panama.  The victim reviewed the materials and after discussions with Castaneda decided to invest in the Ranger Panama Fund Series, S.A – the “Altos Escondidos” Project. The victim wired $50,000 to Ranger Funds, LLC.  

In October 2007, the victim and Castaneda met with Jes Black and Athisayaraj Mahadevan (aka: Raj), (Ranger Panama Principal Partners) in Panama City, Panama.                      

                                                   (“Raj” pictured below with Panama President Martinelli)

Raj Pictured with President Martinelli at fundraiser

The victim understood before their trip to Panama that they would be taken by plane to the “Altos Escondidos” location for a development site visit.  However, once they arrived they were told they would not be able to fly to the site location due to poor weather conditions.                                                                           

     After years of false promises, sketchy accounting practices, continuous misinformation the victim filed a complaint with our sister organization gra-group.org in an attempt to uncover the truth.  The prospectus for “Altos Escondidos” indicates that between April 15, 2007 and April 27, 2007 Ranger raised $1.5 million in seed capital to purchase the land, a “69 Hectare parcel”, for 1.38 million (US).  

(“Raj” pictured at a party in Panama City)

Raj at party

     The investigation showed “Altos Escondidos” owns 69 Hectares of undeveloped land in the Capira region, northwest of Panama City. Its purchase price was $345,000 (US), not the $1.38 Million that Athisayaraj Mahadevan (aka: Raj); (pictured left at a party in Panama City)  claimed he had paid for the land.   It was also discovered that there is a current mortgage lien listed in government registry as of February 15, 2013 against the property for $250,000 (US) in a short-term loan. This lien continues to be listed in the public registry as an active loan.  The land is registered for tax purposes (finca 3352, ubicacion 8201 is $2,000 (US), this may or may not be an attempt to defraud the government land tax authority, information regarding this is pending a review.

     The investigation further revealed:  AE Alleged Office HallwayThe listed office for this project is now closed at least two years, now a Gynecological medical office-for women.  (See Photo Right)

They victim originally visited the “Altos Escondidos” office at this same location, and  received signed copies of all agreements/documents. A new address has not been provided; and the phone is disconnected.

A local contractor hired to cut roads for the project was never paid (he is owed $50,000) and he is now threatening to sue “Altos Escondidos” and Athisayaraj Mahadevan (aka: Raj); the roads were not finished.  

     Locals in the area have heard rumors about the project but nothing has surfaced; Phone Calls and emails to the AE office in Panama by our investigators were not returned; Annual meetings of Investors have not been held as directed by the operating agreement; Investors have been kept away from each other.   

     For more than six years the victim tried to get financial statements and other documents regarding the projects progress and expenditures.  The victim was met with one excuse after another -why the project has been delayed and why the documents were not forth coming.   The detailed case report provides documents; timelines and lists of all the promises and excuses made by Mr. Mahadevan in reference to “Altos Escondidos”.  Investigators in Panama, realtors and attorneys in Panama provided vital information aiding our investigation.

Altos Escondidos 017

 

     When the Investigators went to the “Altos Escondidos” property; they found there was not a single presence for “Altos Escondidos”, locals spoke of project rumors but have not seen any activity or signage.  Investigators did speak with a representative of Groupo Howard, identified by Mr. Mahadevan on 2-22-2011 in an email to our victim as the road builder.   The representative told the investigators they contracted to cut the roads to the project but were never paid.  Groupo Howard has indicated its intent to file suits against Mr. Mahadevan and “Altos Escondidos” for $50,000 – non-payment.  The roads have never been completed.

(photos of Altos property taken by investigators above right show no evidence of the claimed improvements)

(Copy of Offer Memorandum, filing of lein Registration and Land Sale Registry Document #338563 & 296778 respectively from the Registro Publico De Panama are evidenced below at the bottom of this page.

     Barr International http://www.barrarchitects.com/projects lists Altos Escondidos as a current project, calls to Barr regarding their progress have not been returned.  info@BARRarchitects.com     1875 Eye Street NW, Suite 500 Washington,D.C.20006  tel:202-429-2076

     BARR GROUP INTERNATIONAL LLC is a full-service Washington-based firm offering Architecture, Engineering, Interior Design, Construction Management, Development, Sustainable Design, Infrastructure, Preservation and Planning services. Established in Washington DC in 1981, the firm provides design services throughout the United States, Europe, Latin America, the Middle East and Asia.  

          Dr. Raj Barr Kumar; FAIA,RIBA, IIDA, USGBC is an architect, interior designer and environmentalist, and President of Barr Group international LLC and Barr-Kumar Architects Engineer PC, established in Washington, DC in 1981.  Athisayaraj Mahadevan is Dr. Raj Barr’s brother.

     Contact information for BARR Group International:

info@BARRarchitects.com     1875 Eye Street NW, Suite 500 Washington, D.C.20006  tel:202-429-2076

                It is evident that Mahadevan and his brother Dr. Raj Barr Kumar are exploiting the fact that Raj Barr was a FORMER president of AIA to lend to the credibility of the Altos Escondidos fraud.

     Neither US nor Panama Authorities have not been alerted at this time, allowing Mahadevan the opportunity to rectify this matter before facing regulatory or criminal sanctions.

Note: In 2007 – The National Futures Association filed a complaint against Black Flag Capital Partners LLC (NFA ID# 345533) & Jason Black (NFA IF # 344149) – Case # 07-BCC-029

     Any other victims or witnesses to this fraudulent enterprise or any other perpetrated by  Athisayaraj Mahadevan (aka: Raj) et, al.; are asked to contact this forum to file a complaint or offer additional testimony in the pursuit of justice.

      Based on the information we have received – this project is questionable and may have been misrepresented to the public.  If you have information pertaining to the projects validly and/or you are an investor still waiting for a return on your investment please contact us.

New information received indicates that “RAJ” Mahadevan may be residing in Playa del Carmen Mexico, perpetrating a similar investment scheme.

One victim contacted this forum making the following statement; “Raj Mahadevan, is a liar, cheat, con artist and cyber-bully. He scams people of their, and then when confronted attacks their character and that of the victim’s family members in an effort to intimidate them from trying to recover the funds he had stolen from them. The guy is a sick sociopath that knows no boundaries”.

A source in Playa del Carmen brought to one victims attention an article in the local paper that Raj allegedly visited “Chilly Willy’s” a local “strip club”/brothel and was pursued by police when he ran out without paying for services rendered.

Additional links to complaints against Raj Mahadevan:

ttp://www.whoscammedyou.com/current-scams/17554/sex-toy-ripoff/

 

http://www.whoscammedme.com/current-scams/17093/altos-escondidos-rip-off-or-dog-bite/

 

http://www.scambook.com/report/view/270845/Raj-Mahadevan-Complaint-270845-for-$50,000.00

     Contact information:  Globalfraudgroup@cmail.nu 

Certificate of Land-registry

investor Memorandum

Certificate of Land

HO-CHUN LEE aka: “JEFF LEE” FUGITIVE AND WANTED BY US AUTHORITIES

 Taiwan Businessman Steals in excess of $1,500,000.00 from his US Employer

SUSPECT/FUGITIVE- HO-CHUN “JEFF” LEE

 

Los Angeles, California – August 28, 2012

Ho-Chun Lee aka: “Jeff Lee”, President of “Circle Transportation”, AKA – Upswing Logistics, Inc,  87 Hoping First Road, Kaohsing, Taiwan embezzled over $1,500,000.00  (ONE MILLION FIVE HUNDRED THOUSAND US DOLLARS) from his former employer  INCARE CARGO SERVICES of Los Angeles, California.   Ho-Chun Lee is currently WANTED FOR ARREST by US Authorities on a $1, 124,396.00 (US)  International FELONY Warrant.  Lee is believed to be hiding as a FUGITIVE in Taiwan.

INCARE Cargo Services, Inc., conducted business as a freight forwarding/customs brokerage company.  As part of its freight forwarding services, INCARE received checks from its customers to pay for customs duties.   From 9-1-2006 to June 1, 2008 HO-Chun Lee, aka: Jeff Lee was INCARE Services’ administrator and had duties and responsibilities which included:   1) Outside Sales; 2) Management of INCARE Services customer list; 3) control and supervision of INCARE Services business accounts; 4) Overseeing customer relations.   During this period, Jeff Lee a trusted employee with a high level of responsibility, used his position to STEAL in excess of $1,500,000.00 from his employer INCARE Cargo Service, Inc.

As a trusted employee of INCARE Cargo Services, Inc.  HO-Chun Lee, aka: Jeff Lee managed to obtain access to INCARE Cargo Services incoming mail and customer files.  In June of 2006 Jeff Lee incorporated a separate company with a similar name to INCARE Cargo Services Inc., the new company was called INCARE Cargo Express, Inc., and he set up a corporate bank account at a local Los Angeles Bank.  HO-Chun Lee, aka: Jeff Lee then began intercepting checks made out to INCARE Cargo Services Inc., and began depositing them into his new account.  HO-Chun Lee, aka: Jeff Lee also managed to aquire an INCARE Cargo Services Stamp which he used to indorse checks written to INCARE Cargo Services Inc.  In addition to falsely indorsing checks made payable to INCARE Cargo Services Inc.,  HO-Chun Lee, aka: Jeff Lee misappropriated INCARE Cargo Services Inc. customer list which eventually put INCARE Cargo Services Inc. out of business.

The theft was discovered when the victim contacted a customer regarding a late payment. The customer provided a copy of canceled checks with endorsements, which prompted the victim to contact all of his customers – discovering the scope and magnitude of the crime.

After the theft was discovered HO-Chun Lee, aka: Jeff Lee directly misappropriated customers to his brother-in-law companies HCLM Express Services Inc. and Up Swing Logistics, 8717 Aviation Boulevard, Inglewood, CA.    CHUNG FUNG MAK, HO-Chun Lee, aka: Jeff Lee’s brother-in-law is the registered agent for HCLM EXPRESS SERVICES, INC and UP SWING LOGISTIC.    It is unknown if CHUNG FUNG MAK,  had knowledge of the criminal activity.

Information that leads to his arrest and extradition WILL be rewarded!!!!   Please contact the FBI/Los Angeles Police  or Global Advocates at GlobalFraudGroup@cmail.nu

SEE PASSPORT COPY BELOW

LORAL LANGEMIEIR-SCAM ALERT!!!

Loral Langemeier

SCAM ALERT!

Loral Langemeier is a FRAUD! Langemeier has built a hard-core promotional marketing machine made of internet media presentations, seminars, media and personal appearances. Langemeier’s main website, liveoutloud.com (LOL), states, How to Finally Put Your Financial Worries Behind You And Turnaround in 2010!”. Live out Loud charges a hefty $8,995 dollars to meet Loral personally, whereas other seminars start at $1,495.00. In her video she promises to “Keep you in cash!” An excerpt taken directly from the site states, “…continued education are the building blocks of your Wealth Cycle, engaged with continuous ideas for direct asset allocation…” Confused? We were! What exactly is a “Wealth Cycle?” Langemeier uses all sorts of unusual financial verbiage to keep people engaged while she reaches into your wallet. Langemeier’s website, liveoutloud.com, and other websites posting her materials (www.diversifymyincome.com/2009/08/19/loral-langemeier/) appeal to people looking for cash, a better life and more time with family. These sites are nothing more than portals into a dark and convoluted world of misrepresentation.

Langemeier functions with deadly accuracy during her meetings with potential investors – playing a high stakes confidence game – challenging people to act on their dreams and invest in her supposedly vetted business opportunities. Langemeier will take her cut of the initial funds invested and leave town like a thief in the night, her pockets stuffed with YOUR cash. One group particularly susceptible to these types of fast talking presentations is unsophisticated ELDERLY attendees. Many ELDERLY victims find themselves on fixed retirement incomes and often depend on others to help make important financial decisions.

(please see this ELDER FRAUD web link: http://www.ncea.aoa.gov/stop_abuse/index.aspx)

The information Langemeier and LOL presents is general in nature and appears to be designed to create interest in attending LOL’s expensive Big Table and Alumni meetings where they can get seriously fleeced. Complaints run rampant about her very AGGRESSIVE phone sales staff that drives the sales of her books, CDs and various seminars and coaching programs. Get ready for the run around if you ever want a refund or need to dispute ongoing unauthorized credit-card charges.

 Loral’s Big Table / “Lawsuit Takes

Aim at Dr. Phil’s ‘Resident Money

Expert.”

Loral’s “Big Table” concept is nothing more than a “Big Trap” for would-be investors. Individuals pay big money ($8,995USD) to attend a Loral Langemeier Big Table event only to find out they have been coerced into paying large sums of money. In one case over $1,900,000.00USD!

Lenes v Langemeier (http://www.consumeraffairs.com/news04/2010/02/-drphil_money_scam.html) alleges “highly risky, unproven investments from which she receive[s] undisclosed kickbacks.” Langemeier is attempting to force this case to ARBITRATION rather than face the charges.

In Wolf v Langemeier (Case No.: 2:09-CV-03086-GEB-EFB), Langemeier SETTLED the case on 02/18/2009 after a stay was granted in favor of arbitration.

Susan Trindle dba Xolo Properties LLC v. Flying Emu LLC et al (Loral Langemeier). (CASE #: 8:09-cv-00325-AG-MLG) This case claims Breach of Contract and Fraud and/or Deceit. This case was stayed 05/17/2010 in favor of arbitration, (once again Langemeier avoids facing direct charges).

After being charged thousands of dollars just to attend the Big Table meeting, attendees have high expectations that Loral is going to share specialized information on money making methods. What Loral really does is bring paying customers into a carefully orchestrated setup. Attendees answer a long list of financial disclosure questions regarding their income, expenditures, assets, liabilities and if they are willing to execute on her patented “Wealth Cycle” process. Of course, YES is the only correct answer! Once everyone is assembled she works to get maximum investment capital from each attendee present. This is how it works: Loral plants people who want to fund a business concept at the various tables, she creates discussions surrounding how to get these ideas funded and help people realize their dreams. What investors are never told is HOW Langemeier gets paid for promoting the various investments.

It is alleged Langemeier takes up front commissions and/or percentage ownership as compensation. (See: Crumbs R Us real estate investment where she was co-owner with Jay O. Pearson.)  People succumb easily to Loral’s entertaining presentations, considering her many speaking partner endorsements like T. Harv Echer, Robert Proctor and the Dr. Phil show making her organization look possibly legit. Investors are never aware Loral has fraudulent intentions sadly until it too late. Langemeier allegedly walks with cold hard cash and leaving investors to figure out the aftermath. Langemeier’s ‘higher-level’ participation meetings, referred to as “Alumni” conferences, are also very expensive, supposedly offering the inside scoop on upcoming opportunities within Langemeier’s investing “Community”.

 ENTRUST: Specializing in Self-Directed IRA’s

http://www.theentrustgroup.com/

Entrust Mid-South (Franchise)

Langemeier cleverly instructs investors to move fixed assets to much more liquid SELF DIRECTED IRA’s. Funds can then be transferred VIA WIRE to Langemeier’s various business opportunities. Jerry O. Pearson (Owner of Entrust Mid-South Franchise) also owns several other ventures with Langemeier and has been the direct recipient of funds transferred from his investment franchise company (Entrust Mid-South) to Crumbs R Us (A real estate venture owned by Pearson and Langemeier at the time of its inception). This is clearly a conflict of interest!

(See; http://www.theentrustgroup.com/locations/franchises/14/.)

This concept was promoted at LOL meetings allowing Langemeier and her team full financial disclosure of a client’s private information through her association with Pearson, Entrust and Crumbs. Entrust corporate offices have not returned repeated requests to address this breach of confidentiality accusation.

          Trinity:

During one Big Table meeting, September 14th to the 16th of 2005, Loral encouraged attendees to invest in a real estate backed venture called “Trinity”. In a sworn statement, one client invested $200,000.00, and later, another $50,000.00 hoping to realize the 17% promised return on investment. After allegations of fraud, Loral stepped in to keep any bad press from affecting her business’ income stream by promising to pay off the principle monies invested over a 7 year period. However, after missing quarterly payments she extended the repayment over 10 years. Loral advises investors in a June 25th 2010 communiqué they will not be receiving any payments and Langemeier has decided continue to fund her business, Live Out Loud. Meanwhile, Loral retained her cut of the initial investment!

          Café Z:

One investor group states that they met Loral at a T. Harvey Echer event:”Gorilla Business School” (YouTube Link). The meeting, held in Los Angeles, CA, had Loral speaking about various business opportunities, including one Café Z. Sworn affidavits explain, after getting involved with Loral’s “Big Table” one investor dumped over $250,000.00 into Café Z. David Zebny, Owner/Operator of the Café’ Z restaurant, was shut down due to “Poor management” by Zebny. According to one article (“Z Square Cafe Shuts Its Doors”), The Cambridge License Commission lists violations for, “…failure to apply for change of manager, failure to have a current worker’s compensation insurance, a noise complaint within the six-month probationary period on their entertainment license, and unpaid police detail.”

The restaurant failed after Loral/Zebny raised millions of dollars, heavily promoted Café Z and enticed investors to get involved at Live Out Loud seminars. The sudden failure of Café Z stymied many considering it’s large financial backing. Funds invested were never fully accounted for, with Langemeier refusing to open accounting books for any of her investment schemes. Investors have tried for months to get information on where their money went in the Café Z investment but have been completely stone-walled from Langemeier and LOL responses. Zebny filed for bankruptcy in October 2009 leaving investors with NOTHING.

          Crumbs R Us: Aka “CRU”

In January of 2006, “Crumbs R Us” was to be a real estate venture based in Alexandria, Louisiana. A man by the name of Jay Pearson (also connected to the aforementioned “Entrust”) was promoted as managing the deal. Several investors state they invested money in CRU with claims it would earn a healthy return of 12% while supposedly being securely backed by promissory notes and “…plenty of real estate”. Homes were to be purchased costing less than $100,000 then rented for $400 to $500 per month and later sold at a profit. When the notes became due in 2009, Loral had traded the notes for undisclosed assets to Jay Pearson, P.O. Box 18830, Alexandria, LA 71315, owner of Crumbs R Us and Clear Zone Nursery (clearzonenursery.com). Loral decided she had enough of the responsibility of paying the investors on those notes and sold or transferred them to Jay Pearson.

A statement issued on August 11th 2009 from his attorney, Mr. Bradley L. Drell of GOLD, WEEMS, BRUSER, SUES & RUNDELL 2001 MacArthur Drive, Alexandria, LA 71301 Telephone: (318) 445-6471 (goldweems.com). Mr. Pearson is trying to make his small business ventures survive the current economy and not go bankrupt with intentions to make repayment on the notes. Loral knowingly transferred her liability in the transaction to Mr. Pearson, took her cut of the deal and left the investors holding the bag! Langemeier now claims Pearson used her good name without her consent and is doing everything to distance herself from the Crumbs R Us fiasco on advice of her attorneys. Langemeier and Pearson also own several other businesses together such as marketatthegreens.com, clearzonenursery.com, Out of the Box Holdings, LLC. and graywalk.com. These co-owned businesses make it hard to deny association with Pearson!

          First Payment Solutions: FPS

FPS was designed as a company that allowed employers, who had employees internationally, to pay their employees in the currency of the country of their residence by credit cards. In a sworn statement, one client invested $50,000 dollars and later paid another $5,000. FPS disappeared with no explanation to investors. Another failed Loral Langemeier promoted business! This was another one of Langemeier’s FANTASTIC business opportunities; FPS never even got off the ground!

Here is a direct quote from one of Loral’s websites:

“At a recent workshop I invited a participant, Tom, out of the audience to present his idea for creating new money to the group. Guess what happened? In only 96 minutes, with my Millionaire Maker help, we built a fully structured consulting business plan to make him $125,000 his first year! Can you believe that? He left the stage with a marketing funnel and a tactical plan, specific sales strategies, a model company, a complete revenue model, a corporation and a whole team to help him do it! Tom had people in the audience raising their hands, soliciting his service. The fact is he made money before he left the workshop…even before he left the stage for that matter! And I want you to experience that as well. I am the Millionaire Maker and it’s your turn to learn from me.”

Does anyone really believe Tom made money before he left the stage or workshop? Steer clear of Loral Langemeier. She is a cold, calculating con-artist with the resources to manipulate people before, during and after they have been put through her complicated web of deceit.

If you have any additional information regarding failed business ventures or information regarding Loral Langemeier please contact:

http://www.equalizergroup.org/

If you have been a victim of Loral Langemeier please let your story be known. Below we have included a link to a victim statement form, please download the document(s) follow the provided instructions and return them as soon as possible. Should you need any assistance we will arrange for an investigator to assist you.

HELP & RESOURCES SENIOR CITIZENS

ELDERLY & SENIOR CITIZEN RESOURCES:

Elder Couple-2One object in this forums mission is to expose those who wish to harm our most vulnerable.

We have been asked by Assisted Living Today to post resources that may be able to give support and assistance to our Seniors and found it to be an excellent idea.  

We hope our visitors may find this useful.

Assisted Living Today

http://assistedlivingtoday.com/

National Center for Elder Abuse:       http://www.ncea.aoa.gov/

NCEA Sub-Link “Stop Abuse”:  http://www.ncea.aoa.gov/stop_abuse/index.aspx

Guide to Senior Living: State-by-State Options

http://assistedlivingtoday.com/p/senior-housing/

Prevent Medicare Fraud: How To Avoid Abuse and Medical Billing Fraud

http://www.ehealthmedicare.com/about-medicare/avoiding-fraud/

AARP Health Resource Library

http://www.aarp.org/health/

Senior Care Resource Guide

http://www.homeadvisor.com/article.center.Senior-Care.94.html

Senior Health Info Page

http://nihseniorhealth.gov/

Search for Physicians

http://www.zocdoc.com/morespecialties

Elder Couple Beach

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