Do you own a home? A car? Do you have a credit card or a student loan? 10-28-15

Well, all of these different types of debt began with you filling out a promissory note (a contract). When this is submitted to the bank, and after an “approval process”, you receive that money by signing this contract. And the bank tells you quite dishonestly that you owe them a debt for that amount of money, and gives you permission to amortize the payment of that loan over a set amount of time, usually 30 years for a mortgage. But, they also charge you interest for this convenient “service”. That means that by the end of those 30 years you’ll probably have paid double if not triple what the actual loan amount was at the signing of the original contract (promissory note).

But there is one thing that the bank is not telling you. One very, very big piece of the puzzle…

Are you ready?

According to the Federal Reserve banks, and printed in their banking rulebooks, money is created when a person (you) signs a contract (promissory note) with a bank.

Huh…?

Let me explain…

Last year I remember hearing about a campaign to protect people from foreclosure by these banks and mortgage companies called “Show Me The Note!” At the time, I did not understand the significance of this simple but effective and protective statement. Now I do…
“Show Me The Note” is quite a valid request. It simply means that you are requesting the original contract (promissory note) that was signed by yourself and the foreclosing bank when the money was created and given to you to buy your home.

But you see… the bank cannot ever produce this note. And here’s why…

The bank sells your note (promissory note or deed) to the Federal Reserve the minute you sign it, and the Fed then gives that bank the amount that it then “loans” to you. Therefore, the bank is at a balance of $0.00 dollars at the point of inception and payment for your loan. Remember, this is how money is “created” according to the Federal Reserve banking rules and regulations.

The problem that these banks have is that they no longer hold the note (title) to your home, because they have already sold it at face value to the Federal Reserve. And in order for a creditor (the bank) to make a claim against the debtor (you), they must in a court of “law” show proof of their claim to collect your supposed debt to them. However, the only proof of their claim for the foreclosure of your home is in fact that original note (promise to pay, promissory note) that you signed, which created the money that enabled the bank to give you that loan in the first place – money out of thin air!

Remember, money is created only when you or I sign a contract to get “credit”. It is the very fact that all of this information is not disclosed to us that makes this contract null and void. Full disclosure must accompany any contract lest it be invalid and unlawful.

Your loan contract was sold to the Federal Reserve (a private corporate central bank) by the bank or mortgage company with whom you signed your contract. It’s gone… vanished… paid off! The Federal Reserve then bundles those deeds (contracts) and sells them as securities and bonds, to countries like China, Russia, and whoever else will buy them. So in essence, China may already own the title to your home, or at least it thinks it does…

And this is why the bank has no lawful grounds to foreclose on you. They do not hold a lawful lean on your home. You owe nothing to anybody! You created that money legally through the bank and Federal Reserve by accessing your trust account assigned to you by the UNITED STATES when they took your freedom and liberty and put your wealth and property at risk starting on the day you were born (birthed).

The principle and interest you pay to the bank is pure profit for the next 30 years, because you signed a contract saying that you would pay that amount with your home and land as collateral. But for a contract to be lawful, there must be full disclosure of these little facts. Since this was obviously not disclosed to you, all of these mortgage and other contracts are null and void. The bank has no contract, no proof of claim against your debt, and no rights to force you to pay them anything.

If this sounds like a copout from paying your bills, remember that the bank never risked anything, and they never gave you a penny of their own money. You did a favor to the banking system by creating new money. You created commerce. Nothing more…

And you are entitled to this money (worthless paper used for commerce) as an indentured citizen of the UNITED STATES who is used as collateral and assigned this value at birth.

And remember… due to the Fractional Reserve Banking System created by the Federal Reserve, the Fed creates 40 times the amount of your “loan” for its use, again making money out of thin air.

I hope that you are beginning to understand that this is another of the biggest scams in the history of scams, and that all bank loans, from credit cards to student loans to mortgages work in this same exact way, secured or unsecured. Again, this is how money is created into the economy, per the rules of the Federal Reserve Bank, the private corporation unaffiliated with our government or our nation, who control our monetary policy and can destroy the value of the dollar at any time the choose.

Do you really feel guilty about reclaiming your piece of the pie?

The only way to truly benefit from this freedom is by declaring your individual God-given rights of sovereignty through a UCC (Universal Commercial Code) filing. You must offset your debt lawfully as afforded you. You must become a Secured Party Creditor.

I cringe when I hear people say they aren’t going to fight the system and instead are going to give up their house. They feel hopeless. They feel like they can’t win…

But the truth is that there was never anything to lose! The bank has no claim!

But, I understand. Most will not buck the system simply because they do not understand the system and how the Constitution for the United States was set up to ensure this type of unlawful action like bank foreclosure can never be done to us. I took me a very long time to come to this comprehension. This is how freedom works, and it only works if you claim it.

This is the forbidden knowledge…

I guess it all boils down to this… What is an education?

If an education is defined as simply four years of partying and getting drunk in a frat house while barely passing the exams of one of the most sub-standard collegial educational systems in the first world (I believe we are 39th on the list) of which most of the information taught is to train us on how to follow these rules instead knowing and learning the actual laws… and if your level of education is defined by the amount of money paid in order to receive a less than prestigious diploma stating grade level and accomplishment… then I am happy to say that I am a college dropout! I am self-educated to the point that normal conversations with doctorate level graduates equate to a conversation with a child who still believes in the Tooth Fairy, Santa Claus, and the Easter Bunny… simply because that is what they are taught in the corporate indoctrination centers that we call schools. Rational thought, self-awareness, and sovereignty is not taught in school. And Law is not the prevailing wisdom in law school.

Then, when you realize that everything you see in the movies, television, and on the news is specifically designed to uphold the illusionary state of unconsciousness that most of us live in regarding our debt slavery, that’s the point where normal conversation as defined by the media driven society becomes unbearable. And fitting in at parties becomes impossible. I’m now the crazy guy… the one talking out of my butt. I’m the one who, despite the beauty, glory, and not to mention the fact of the information I try and relay, I am labeled as the negative one… the downer.

And so now I’m the antisocial one… the one who doesn’t go to parties. The one who cannot do small talk. And I’m the one that cannot keep normal friends simply because normal means brainwashed! And normalcy is not freedom in any way.

The friends I have made are necessarily informed or at least curious, somewhat awake, and want to learn what I have already learned or want to teach what I am seeking to learn. When you do meet these people, you develop a friendship and a trust that is unknown to most; kinship through shared plight.

And to anyone reading this, I have only this to say. I may not know you. You may think that no one really knows you. But I hope that you haven’t reached the point in your life where you’ve given up, where you’ve lost all hope, where learning was something you did as a teenager, and where happiness equates to blissful ignorance. I hope that you wont let these corporate monsters force you to be a victim of this. I hope this reaches you with the spirit it was intended, and I wish for you the best in whatever you do.

A sheep you are not… for you have read this far!

March 2016 Ponzi Scheme Roundup

Posted by Kathy Bazoian Phelps

    Below is a summary of the activity reported for March 2016. The reported stories reflect: 7 guilty pleas or convictions in pending cases; over 120 years of newly imposed sentences for people involved in Ponzi schemes; at least 11 new Ponzi schemes worldwide involving more than $400 million; and an average age of approximately 50 for the alleged Ponzi schemers. Please feel free to post comments about these or other Ponzi schemes that I may have missed. And please remember that I am just relaying what’s in the news, not writing or verifying it.

    Aequitas Capital Management and its founder and CEO, Robert Jesenik, executive vice president, Brian Oliver, and chief operating officer, N. Scott Gillis, were the subject of SEC charges that they were running a “Ponzi-like” scheme. The company agreed to the appointment of a receiver about one month after it had announced layoffs and hired a consulting firm to help it wind down the business. Aequitas stopped making payments on over $300 million in private notes that it sold to investors. Aequitas had entered into an agreement to buy hundreds of millions of dollars’ worth of student loans from Corinthian Colleges, which itself ended up in bankruptcy. The Corinthian notes may have accounted for 74% of Aequitas’ debt-buying business and had been paying $4 million to $7 million to Aequitas prior to defaulting on the obligations to Aequitas. Aequitas promised interest to investors of 5% to 15% on the $350 million it brought in from investors from January 2014 to January 2016.

    Robert Arrowood and his company, 2001 Trinity Fund LLC, were banned from the securities industry in Oklahoma. Arrowood operated an oil and gas lease firm, Trinity Resources Inc., in what is alleged to be a Ponzi scheme. Arrowood is alleged to have spent investors’ money on vacations and a motorcycle. The scheme defrauded about 30 victims, who were promised that their investments would mature in less than 60 days with a return rate of 90 percent.

    John Bivona, 75, and Frank Gregory Mazzola, 49 were charged by the SEC with running a Ponzi-like fraud through the firms Saddle River Advisors LLC and SRA Management Associates LLC. The SEC alleges that Bivona raised $53.4 million from investors by promising to invest in early- to late-stage technology companies that had not yet conducted initial public offerings. The SEC alleges that Bivona diverted $5.7 million for his personal use and that substantial sums were transferred to his nephew, Mazzola.

    Darrlye Douglas was arrested in California in connection with an order for civil contempt of court. Douglas allegedly had access to ZeekRewards database but has not returned it as ordered. Douglas may also be involved with a new scheme known as Auction Attics.

    Charles Leif Erickson pleaded guilty to charges that he stole about $3.5 million for a church congregation in a Ponzi scheme. Erickson said that the “Holy Spirit” guided him in a unique method for day trading in which he sold unregistered investments in trading futures to at least 25 people, promising them 4% per month, or 96% over two years.

    Daniel Fodiman, 52, was sentenced to up to 6 years in prison for his TJ Maxx Ponzi scheme. Fodiman told investors that he was purchasing merchandise to resell to TJ Maxx, but he in fact never sold anything to TJ Maxx.

    Claus C. Foerster, 55, was indicted on charges that he was running a Ponzi scheme through SG Investment Management. It is alleged that the company was “totally fictitious” and that he defrauded clients out of about $2.8 million while acting as a financial advisor.

    Charles Caleb Fackrell, 35, was charged in connection with an alleged Ponzi scheme that defrauded 20 people into investing $1.4 million. Fackrell ran his scheme through entities he controlled under the name “Robin Hood,” promising investors guaranteed returns.

    Dorian Garcia, 31, was sentenced to 6½ years in prison in connection with a Ponzi scheme that defrauded 111 investors. The scheme took in about $8.5 million, and about $5 million is still owed to the investors. Garcia at one point promised an investor a return of 300% to 600%. He spent investors’ funds on a lavish lifestyle including luxury cars, an expensive home and a personal chef. 

    Ian C. Gent, 73, was sentenced to 6 years in prison for conspiracy in assisting Guy W. Gane and Watermark Financial Services in running a Ponzi scheme. The scheme promised investors 10% returns in real estate investments, but Watermark never actually bought any property. Joseph F. Lagona was also convicted in connection with the scheme and was sentenced to 11 years in prison.

    Allen R. Hess, 51, pleaded not guilty to charges that he was running a Ponzi scheme that defrauded over 30 victims out of more than $700,000. The alleged scheme involved foreign currency and overseas oil.

    Francisco Illarremendi, 46, had his appeal of his sentence upheld by the Second Circuit. U.S. v. Illarramendi, 2016 U.S. App. LEXIS 4840 (2d Cir. Mar. 15, 2016). The court found that despite evidence showing investor losses exceeding 200 million, the district court had cautiously focused on Illarramendi’s gains, which totaled over $20 million, in calculating the sentence.

    Mark A. Jones, 63, was charged by the SEC with running a $10 million Ponzi scheme that supposedly generated profits from bridge loans to businesses in Jamaica. Jones is the former chairman and VP of Global Gateway Solutions Inc. and was charged with defrauding retirees in his “bridge loan” Ponzi scheme. He promised investors 15% to 20% interest per year and raised about $10 million from at least 21 investors. His assets were frozen and he was arrested on related criminal charges. Jones owns 49% of Global Gateway and his partner, Jacqueline Sutherland, owns the other 51% and is the current president of the company.

    Levi David Lindemann, 40, pleaded guilty to running a Ponzi scheme that defrauded approximately 50 investors out of more than $2.5 million. Lindemann ran the scheme through Alternative Wealth Solutions and provided counterfeit secured notes to investors as proof of their investments.

    David Christopher Mayhew, 43, was sentenced to 26 years in prison in connection with a Ponzi scheme that defrauded at least 11 people out of more than $2 million. Mayhew posed as a Christian who targeted churchgoers. Mayhew’s partner, Ronald Earl McCullough, 44, is at large and authorities continue to try to locate him. They called their enterprise “God’s Business Empire,” “GB Empire,” and “Empire Investments.”

    Jaymes Meyer, 47, pleaded guilty to charges related to the ZeekRewards and Rex Ventures LLC Ponzi scheme. Meyer was the CEO of Preferred Merchants LLC, a financial services firm that controlled about $17.4 million of Rex Ventures’ assets. Meyers originally told the SEC that he did not control any Rex Ventures’ assets, but has now admitted that he wired about $4.8 million from a Rex Ventures’ trust account into an account under his control within an hour of learning about the SEC investigation. Meyer used the money to purchase homes for himself and for other expenses.

    Daniel Nase and his company, BIC Real Estate Development Corp., were charged by the SEC for fraud for running an alleged Ponzi scheme. Nase, who was not registered with the SEC or state regulators, sold investments in real estate and promissory notes and then placed title to properties in his name, his wife’s name, or a family trust. He also used investor funds for personal expenses. When Nase learned of the SEC investigation, he placed stolen assets back into the company to make it appear that he was increasing his equity stake in the company.

    Derek A. Nelson was sentenced to 19 years in prison a day after being convicted of running a $37 million Ponzi scheme through Capital Mountain Holding Corp. 

    Aaron E. Olson filed a motion asking to delay the start of his prison sentence so he can finalize a $100,000 granite sale. At least $50,000 is to go to the victims of his alleged scheme that he ran through AEO Associates and KMO Associates. Olson is to be soon sentenced on tax evasion charges.  

    Gina Palasini, 54, pleaded guilty to one charge in connection with an alleged Ponzi scheme that she ran. Palasini, who was indicted on 19 federal counts last year, admitted to defrauding a man, Joseph Babb, through the U.S. Mail by sending him a withdrawal form and a supposed interest payment of about $3,300. Her scheme claimed to help citizens obtain Veterans Affairs of Medicaid benefits, and the total victim losses in the scheme are believed to be $2 million. Palasini is currently serving 10 years on a felony charge of false pretense and has received another 10 year sentence for another false pretense charge, as well as a 3 year sentence for a bad check charge.

    Daniel Rivera and his brother, Matthew Rivera, were charged by the SEC with running Ponzi scheme through a real estate venture called Robbins Lane. The Robbins Lane website recommended that investors sell their retirement assets to invest in the venture as the opportunity would give “the senior investor a guaranteed monthly income.” The scheme involved $2.7 million and targeted unsophisticated elderly investors.

    Keith Michael Rogers, 42, pleaded guilty to charges that he ran a Ponzi scheme that took in more than $2.5 million from investors. Rogers was an investment advisor who was accused of misleading investors by misrepresenting that their investment funds would be used to lawfully generate a return.

    Yamila Salvia, 38, was charged with running a Ponzi scheme that involved plane-ticket sales to Cuba. Salvia solicited investments in her purported business to buy discounted bulk airline tickets to Cuba and then reselling them at a profit. She promised investors returns of 12% to 20%.

    Steven C. Scudder, an attorney, was charged with aiding and abetting the alleged Ponzi scheme run by William Apostelos with the assistance of Apostelos’ sister and her daughter, Rebekah E. Fairchild and Rebekah L. Riddell.

    Joseph Signore, 51, was sentenced to 20 years in prison for running an $80 million Ponzi scheme. Signore’s ex-wife, Laura Grande, 42 was sentenced to 7 years. Paul Schumack, 58, was sentenced to 12 years in connection with the scheme. The scheme was run through JCS Enterprises in which 1,800 investors were promised returns from the supposed sale of video concierge machines. A fourth defendant in connection with the scheme, Craig Hipp, 55, went on trial last year and is serving 7 years in prison.

    Shirley Sooy, 65, pleaded guilty to running a Ponzi scheme through her group of companies known as TransVantage Solutions of Somerville, which were freight payment, logistics and shipping businesses. TransVantage, which Sooy took over from her late husband, would take in billions of advance payments from shipping companies. TransVantage was to audit the transactions and then release the funds to the carriers that delivered the goods. Sooy spent millions of dollars on personal expenses, and the companies were left with $42 million in losses.

    Michael J. Stewart, 68, was sentenced to 14 years in prison and ordered to pay about $9.2 million in restitution in connection with a Ponzi scheme that he ran through Pacific Property Assets. The scheme caused losses of $169 million for hundreds of investors. Stewart ran the scheme with John J. Packard, 65, who pleaded guilty in 2014. They refinanced mortgages and sold properties but were unable to do so at a profit so began using money from new investors to pay earlier investors.

    Michael Szafranski, 37, had his prison sentenced reduced from 30 months to 20 months due to his “substantial assistance” in the prosecution of Frank Spinosa in connection with the Scott Rothstein Ponzi scheme.

    William J. Wells, 42, pleaded guilty to charges that he defrauded 30 victims out of more than $1.5 million. Wells had misrepresented that he was successfully trading stocks and options though his company, Promitor Capital LLC. Wells lost a lot of money in unsuccessful trades and used the rest to fund his personal lifestyle, including payment of credit cards and private school tuition.

INTERNATIONAL PONZI SCHEME NEWS

Chile

    IM Forex, which is affiliated with the massive Ponzi scheme run by AC Inversiones, was charged for allegedly defrauding over 1,500 investors. The firm promised investors returns of 6% per month if they invested over $15,000 and did not withdraw the funds for over a year. The principal of IM Forex, Rodrigo Gonzalez, asserts that the case is a “witch hunt” against investment companies. Allegations were also made that AC Inversiones had misappropriated over $75 million. AC Inversiones filed bankruptcy.

China

    A court has sentenced Jiang Hongwei, 32, to life imprisonment for his role as the head of Guangdong Bangiia Leasing, which ran a scheme that defrauded 230,000 victims out of about HK 11.86 billion. The scheme lured elderly investors in more than 60 cities to buy memberships and to fund phantom loans. The investors were offered returns as high as 47%. Twenty-three others were sentenced in connection with the scheme to terms ranging from 3 to 14 years.

England

    Phillip Boakes had 2 years added to his 10 year sentence due to his failure to pay a confiscation order made at the time of his sentencing. Boakes was sentenced last year following conviction for defrauding at least 30 investors of £3.5 million. Boakes had offered investors returns of 20% on foreign exchange investments in his company, CurrencyTrader.

    Alan Smith, 57, was sentenced to 4 years in connection with a Ponzi scheme that defrauded 40 investors out of £500,000. Smith defrauded women that he met on a dating website into investing in his telecommunications company. He promised them 70% returns.

France

    The alleged Ponzi scheme run by Gerard Lheritier was shut down on allegations that he defrauded 18,000 people in France. Lheritier sold shares in rare manuscripts and letters with a supposed value of nearly 1 billion euros through his company, Aristophil. The company employed hundreds of sales staff and offered returns of 40% over 5 years, or 8% per year. 

India

    Police have alleged that Ramesh Jena has ties to Green India, a Ponzi scheme.

    Sanjay Das Burma was accused of having links to Artha Tatwa (AT) Group, a company accused of running a Ponzi scheme. Das Burma is said to be holding a vehicle for the head of AT, Pradeep Sethy.

    Firoz Khan, the managing director of Safex Infra India Pvt Ltd, was arrested on allegations that he defrauded investors out of more than Rs 15 crore.

    Amit Soni, 34, Ashok Sharma, 33, Rakesh M., 33, Nikunj Kumar, 29, Avinash Shah, 32, and Ankit Kandel, 34, were arrested in connection an alleged scheme through the company Onet.

Poland

    The trial of Marcin and Katarzyna P. began in which they are accused of running a $225 million Ponzi scheme through their investment firm, Amber Gold. They had promised clients rates of up to 16% per year for investments in gold or other precious metals. On the first day of trial, there was a false bomb alarm, and Marcin refused to answer all questions, including his own lawyer’s.

Russia

    Russian President Vladimir Putin signed into law a government bill introducing criminal punishment of up to 6 years of prison for organizing Ponzi schemes. The law provides for criminal liability for Ponzi scheme organizers for obtaining more than 1.5 million rubles ($21,800) in assets belonging to individuals and companies.

South Africa

    Prinasen Dhaver, 29, his parents Dr. Jay Dhaver and Dhanalutchmee Dhaver, his brother Deshan Dhaver, and his estranged wife, Selena Dahver, 26, were all charged in connection with a Ponzi scheme involving R28 million. Aaron Chetty, 27, Hareshmann Baboolal, 31, and Gonicela Rayvan Pillay, 44, were also charged in connection with the scheme. It is alleged that Dhaver, Chetty Baboolal and Pillay solicited investors to invest in entities and trusts they created and that the funds would be used in the trade of diesel and petroleum products by Innovatech International Solutions. Investors were promised returns of 2% to 8%. Innovatech invested some of the money in Carmol Distributors, which is in a liquidation proceeding.

Taiwan

    A couple known as “Shi” are accused of defrauding over 1,000 investors in a high-yield investment scheme that promised a 250% return on Bitcoin invested.

NEWSWORTHY LEGAL ISSUES IN PENDING PONZI SCHEME CASES

    The Fourth Circuit affirmed the lower court’s ruling that Florida Congressman Alan M. Grayson, and his trust, AMG Trust, cannot sue Cyprus-based Vision International People Group PL because the company did not have sufficient contacts with the U.S. Grayson sought to bring claims against Vision International for its involvement in the Derivium Capital LLC Ponzi scheme.

    Many of the claims brought by the trustee of the Bernard Madoff Ponzi scheme were dismissed in a ruling that narrowed the scope of his complaint to recover $220 million in transfers made to Legacy Capital and Khronos LLC. Picard v. Legacy Capital Ltd. (In re Bernard L. Madoff Securities LLC), 2016 Bankr. LEXIS 777 (S.D.N.Y. Mar. 14, 2016).

    A district court certified a class of investors who seek to pursue claims against MRI International, Inc., Edwin J. Fujinaga, Junzo Suzuki, Paul Musashi Suzuki, LVT, Inc. dba Sterling Escrow. Takiguchi v. MRI International Inc., 2016 U.S. Dist. LEXIS 36129 (Mar. 21, 2016). The case is brought on behalf of 8,700 investors who invested with MRI International.

    A court denied the motion of Mizuho Bank Ltd. to dismiss claims brought by a proposed class of investors accusing the bank of defrauding clients of Mt. Gox, a now defunct bitcoin exchange. The lawsuit alleges that the bank contributed to the fraud by refusing to process outgoing transfers of investors’ funds while continuing to accept deposits.

    The Eighth Circuit ruled that Marlon Quan, a hedge fund manager, must pay back $81 million in profit he received for aiding Thomas Petter’s Ponzi scheme. SEC v. Quan, 2016 U.S. App. LEXIS 5202 (8th Cir. Mar. 22, 2016). Quan had sought a new trial, but the SEC sought a disgorgement order. The appellate court found that the jury instructions in the lower court were sufficient and that the district court was authorized to order disgorgement. Quan’s companies, Acorn Capital Group LLC, ACG II, LLC, and Stewardship Investment Advisors LLC, were co-defendants in the action.

    A jury verdict was issued in the case of Feldman v. Raggi & Weinstein LLP CPAs & Consultants in connection with the Ponzi scheme run by Ira Pressman and PJI Distribution Corporation. The bankruptcy trustee of Pressman and PJI had alleged that the accounting firm was “willfully blind” to evidence of their clients’ wrongdoing, which allowed the Ponzi scheme to grow. The trustee alleged that the firm prepared tax returns and financial statements that they knew were misleading, and then Pressman used this false financial information to obtain bank financing and solicit investments into the scheme. Pressman is currently serving an 8 year sentence.

    The Supreme Court denied the petitions for certiorari seeking to overturn the convictions of two former Stanford Financial Group executives for their role in the Stanford Ponzi scheme. Gilbert Lopez Jr. was the former chief accounting officer for Stanford Financial Group and Mark Kurht was a former executive as well. 

    The Fifth Circuit dismissed investor claims against law firms Proskauer Rose LLP and Chadbourne & Parke LLP in connection with the Allen Stanford scheme.  Troice v. Proskauer Rose LLP, 2016 U.S. App. LEXIS 4480 (5th Cir. Mar. 10, 2016). The court found that the lawsuit was barred by attorney immunity. About 18,000 investors claimed that the law firms knew that Stanford was selling fraudulent certificates of deposits.

    Former U.S. Ambassador to Ecuador, Peter Romero, was ordered to return $788,655 to the receiver of the R. Allen Stanford Ponzi scheme. Janvey v. Romero, 2016 U.S. App. LEXIS 4835 (5th Cir. Mar. 16, 2016). Stanford had paid Romero to be his international adviser for 8 years. The Fifth Circuit rejected Romero’s claims that the receiver did not timely file the complaint.

    The trustee of TelexFree reached a settlement with PricewaterhouseCoopers for repayment of $115,000 that was paid by TelexFree to Pricewaterhouse prior to the filing of the TelexFree bankruptcy case.

CESTUI QUE VIE Trust 10-29-15

The CESTUI QUE VIE Trust is an account you inherited due to the bankruptcy of the U.S. in 1933 and the subsequent ceasing of all the citizens gold, silver and other assets as collateral.  This account contains millions of dollars in your name.  The only problem is that the government and legal system failed to inform you about it and how to access your money.  In the meantime, they are drawing down on it for their own personal use and as payment to the Vatican and the English crown.

"It is the funds contained in this  CESTUI QUE VIE that the Judge, Clerk and County Prosecutor are really after or interested in!  This Trust actually pays all of your debts but nobody tells you that because the Elite consider those assets to be their property and the Federal Reserve System is responsible for the management of those Investments."

"Social Security; SSI; SSD; Medicare and Medicaid are all financed by the Trust.  The government makes you pay TAXES and a potion of your wages supposedly to pay for these services, which they can borrow at any time for any reason since they cannot access the CESTUI QUE VIE TRUST to finance their Wars or to bail out Wall Street and their patron Corporations."

"You may receive a monthly statement from a Mortgage Company; Loan Company or Utility Company, which usually has already been paid by the TRUST.  Almost all of these corporate businesses double dip and hope that you have been conditioned well enough by their Credit Scams, to pay them a second time.  Instead of paying that Statement next time, sign it approved and mail it back to them.  If they then contact you about payment, ask them to send you a TRUE BILL instead of a Statement and you will be glad to pay it?  A Statement documents what was due and paid, whereas a TRUE BILL represents only what is due.  Banks and Utility Companies have direct access into these CESTUI QUE VIE Trusts and all they needed was your name; social security number and signature."

These documents are NOT secret! They ARE a matter of Public Record.

HERE ARE TRUTHFUL FACTS MOST PEOPLE DO NOT KNOW, .... BUT SHOULD…

1. The IRS is Not a US government agency.  It is an agency of the IMF (International Monetary Fund) (Diversified Metal Products v I.R.S et al.  CV-93-405E-EJE U.S.D.C.D.I., Public Law 94-564, Senate report 94-1148 pg. 5967, Reorganization Plan No. 26, Public Law 102-391)
2. The IMF (International Monetary Fund) is an agency of the U.N. (Black’s Law Dictionary 6th Ed. page 816)
3. The United States has NOT had a Treasury since 1921 (41 Stat. Ch 214 page 654)
4. The U.S. Treasury is now the IMF (International Monetary Fund) (Presidential Documents Volume 24-No. 4 page 113, 22 U.S.C. 285-2887)
5. The United States does not have any employees because there is no longer a United States! No more reorganizations. After over 200 years of bankruptcy it is finally over. (Executive Order 12803)
6. The FCC, CIA, FBI, NASA and all of the other alphabet gangs were never  part of the U.S. government, even though the “U.S. Government” held stock in the agencies. (U.S. v Strang, 254 US491 Lewis v. US, 680 F.2nd, 1239)
7. Social Security Numbers are issued by the U.N. through the IMF (International Monetary Fund). The application for a Social Security Number is the SS5 Form. The Department of the Treasury (IMF) issues the SS5 forms and not the Social Security Administration. The new SS5 forms do not state who publishes them while the old form states they are “Department of the Treasury”. (20 CFR (Council on Foreign Relations) Chap. 111 Subpart B. 422.103 (b))
8. There are NO Judicial Courts in America and have not been since 1789. Judges do not enforce Statutes and Codes. Executive Administrators enforce Statutes and Codes. (FRC v. GE 281 US 464 Keller v. PE 261 US 428, 1 Stat 138-178)
9. There have NOT been any judges in America since 1789. There have just been administrators.  (FRC v. GE 281 US 464 Keller v. PE 261 US 428 1 Stat. 138-178)
10. According to GATT (The General Agreement on Tariffs and Trade) you MUST have a Social Security number. (House Report (103-826)
11. New York City is defined in Federal Regulations as the United Nations. Rudolph Guiliani stated on C-Span that “New York City is the capital of the World.” For once, he told the truth. (20 CFR (Council on Foreign Relations) Chap. 111, subpart B 44.103 (b) (2) (2) )
12. Social Security is not insurance or a contract, nor is there a Trust Fund.  (Helvering v. Davis 301 US 619 Steward Co. v. Davis 301 US 548)
13. Your Social Security check comes directly from the IMF (International Monetary Fund), which is an agency of the United Nations. (It says “U.S. Department of Treasury” at the top left corner, which again is part of the U.N. as pointed out above)
14.You own NO property!!! Slaves can’t own property. Read carefully the Deed to the property you think is yours.  You are listed as a TENANT. (Senate Document 43, 73rd Congress 1st Session)
15. The most powerful court in America is NOT the United States Supreme court, but rather the Supreme Court of Pennsylvania. (42 PA. C.S.A. 502)
16. The King of England financially backed both sides of the American Revolutionary War..   (Treaty of Versailles-July 16, 1782 Treaty of Peace 8 Stat 80)
17. You CANNOT use the U.S. Constitution to defend yourself because you are NOT a party to it!  The U.S. Constitution applies to the CORPORATION OF THE UNITED STATES, a privately owned and operated corporation (headquartered out of Washington, DC) much like IBM (International Business Machines, Microsoft, et al) and NOT to the people of the sovereign Republic of the united States of America.  (Padelford Fay & Co. v The Mayor and Alderman of the City of Savannah 14 Georgia 438, 520)
18. America is a British Colony. The United States is a corporation, not a land mass and it existed before the Revolutionary War and the British Troops did not leave until 1796 (Republica v. Sweers 1 Dallas 43, Treaty of Commerce 8 Stat 116, Treaty of Peace 8 Stat 80, IRS Publication 6209, Articles of Association October 20, 1774)
19. http://www.youtube.com/watch?v=lVsMUpPgdT0
20. Britain is owned by the Vatican. (Treaty of 1213)
21. The Pope can abolish any law in the United States (Elements of Ecclesiastical Law Vol. 1, 53-54)
22. A 1040 Form is for tribute paid to Britain (IRS Publication 6209)
23. The Pope claims to own the entire planet through the laws of conquest and discovery.  (Papal Bulls of 1495 & 1493)
24. The Pope has ordered the genocide and enslavement of millions of people.(Papal Bulls of 1455 & 1493)
25. The Pope’s laws are obligatory on everyone.  (Bened. XIV., De Syn. Dioec, lib, ix, c. vii, n. 4. Prati, 1844 Syllabus Prop 28, 29, 44)
26. We are slaves and own absolutely nothing, NOT even what we think are our children.  (Tillman vs. Roberts 108 So. 62, Van Koten vs. Van Koten 154 N.E. 146, Senate Document 438 73rd Congress 1st Session, Wynehammer v. People 13 N.Y. REP 378, 481)
27. Military dictator George Washington divided up the States (Estates) in to Districts  (Messages and papers of the Presidents Volume 1 page 99 1828 Dictionary of Estate)
28. “The People” does NOT include you and me. (Barron vs. Mayor and City Council of Baltimore 32 U.S. 243)
29. It is NOT the duty of the police to protect you. Their job is to protect THE CORPORATION and arrest code breakers. (SAPP vs. Tallahassee, 348 So. 2nd. 363, REiff vs. City of Phila. 477 F. 1262, Lynch vs. NC Dept. of Justice 376 S.E. 2nd. 247)
30. Every thing in the “United States” is up for sale: bridges, roads, water, schools, hospitals, prisons, airports, etc, etc… Did anybody take time to check who bought Klamath Lake?? (Executive Order 12803)
31. “We are human capital” (Executive Order 13037)  The world cabal makes money off of the use of your signatures on mortgages, car loans, credit cards, your social security number, etc. 
32. The U.N. – United Nations – has financed the operations of the United States government (the corporation of THE UNITED STATES OF AMERICA) for over 50 years (U.S. Department of Treasury is part of the U.N. see above) and now owns every man, woman and child in America.
The U.N. also holds all of the land of America in Fee Simple.
The good news is we don’t have to fulfill “our” fictitious obligations. You can discharge a fictitious obligation with another’s fictitious obligation.

Ignorance of the law is no excuse 11-3-15

A review of countless United States Supreme Court decisions since the 1938. landmark case. Erie Railroad v. Tompkins. (304 U.S. 64-92) clearly establishes that only the State has Constitutional Rights, not the People. The People have been pledged to the bankruptcy of 1933. The federal law administered in and by the United States is the private commercial "law" of the CREDITORS. That, due to the bankruptcy. every "citizen of the United States" is pledged as an asset to support the bankruptcy, must work to pay the insurance premiums on the underwriting necessary to keep the bankrupt government in operation under Chapter II Bankruptcy (Reorganization). That upon the declared Bankruptcy, Americans could operate and function only through their corporate colored. State created, ALL-CAPITAL-LETTERS-NAME, - that has no access to sovereignty, substance, rights, and standing in law. The Supreme Court also held the "general (Universal) common law" no longer is accessible and in operation in the federal courts based on the 1933, bankruptcy, which placed everything into the realm of private,color-able law merchant of the Federal Reserve CREDITORS. To take this to a different level and not only explain why you pay taxes, but also why you do not own the house you live in, the car you drive. or own anything else you think you've bought and paid for etc. Their State Government and its CREDITORS own It all. If you think you own your home just because you believe you paid it using those Federal Reserve Notes, just like everything else you possess by permission of Government, simply stop paying your taxes, (user-fees), (licenses) and see just how long Government and the CREDITORS allow you to keep it before they come to take it away from you.How can all this really be? Why haven't you been told all of this before now? Ignorance of the law is no excuse. Every man is deemed (required) to know the law. Government expects you to know the law, and holds you fully accountable for doing so. Ignoring these facts will not protect you. The majority of American's have been given a Public government Education to teach them only what the Public. i.e. government (CREDITORS) wants them to know. It is and always has been each individual's personal responsibility, duty and obligation to learn and know the law.

BIRTH CERTIFICATES ARE ALSO BANKNOTES 11/6/15

Its time to flip the script and become the Executors of the Estates that have been set up in our names via the Strawman/ALL CAPS NAME!

We can actually help balance the National Debt by "Accepting for Value" all bills and presentments that we are requested to pay- IF THEY ARE PRESENTED IN OUR ALL CAPS NAME. That's right, we can offset all that debt via our TDA's, our Treasury Direct Accounts!

"From now on, when presented with a "claim" (presentment) from government, we will agree with it (this removes the “controversy”) and we will ACCEPT IT FOR VALUE.

By doing this we remove the negative claim against our account and become the "holder in due course" of the presentment. As holder in due course you can require the sworn testimony of the presenter of the "claim" (under penalty of perjury) and request the account be properly adjusted.

It's all business, a commercial undertaking, and the basic procedure is not complicated. In fact, it's fairly simple. We just have to remember a few things, like: this is not a "legal" procedure -we're not playing dog-and-pony.

This is commerce, and we play by the rules of commerce. We accept the "claim," become the holder in due course, and challenge whether or not the presenter of the claim had/has the proper authority (the Order) to make the claim (debit our account) in the first place.

When they cannot produce the Order (they never can, it was never issued) we request the account be properly adjusted (the charge, the "claim" goes away).

If they don't adjust the account a request is made for the bookkeeping records showing where the funds in question were assigned. This is done by requesting the Fiduciary Tax Estimate and the Fiduciary Tax Return for this claim.

Since the claim has been accepted for value and is prepaid, and our TDA account is exempt from levy, the request for the Fiduciary Tax Estimate and the Fiduciary Tax Return is valid because the information is necessary in determining who is delinquent and/or making claims on the account.

If there is no record of the Fiduciary Tax Estimate and the Fiduciary Tax Return, we then request the individual tax estimates and individual tax returns to determine if there is any delinquency.

If we receive no favorable response to the above requests, we will then file a currency report on the amount claimed/assessed against our account and begin the commercial process that will force them to either do what's required or lose everything they own -except for the clothing they are wearing at the time.

This is the power of contracts (commerce) and it should be mentioned, at least this one time, that a contract overrides the Constitution, the Bill of Rights, and any other document other than another contract. We should also mention that no process of law -"color" of law under present codes, statutes, rules, regulations, ordinances, etc. - can operate upon you, no agent and/or agency of government (including courts) can gain jurisdiction over you, WITHOUT YOUR CONSENT.

You, (we) are not within their fictional commercial venue.

The Accepted For Value process, however, gives us the ability to deal with "them" -through the use of our transmitting utility/go-between, the Strawman -and hold them accountable in their own commercial world, for any action(s) they attempt to take against us.

Without a proper Order, and now we know they're not in possession of such a document, they must leave us alone ... or pay the consequences.

Yes, this process IS powerful.

Yes, it CAN set us free from government oppression and control.

But remember: "What goes around, comes around." "Do unto others, as you have others do unto you."

It's simple, folks, DO NOT ABUSE THIS PROCESS ... if you do it could come around and bite you."-

Your debt is PRE-PAID!

Right now even though they have no legal right or claim or lien, the bankers hold the “title” to YOU through your birth certificate. You can regain control by simply filing a notice of lien against the birth certificate. Filing notices of lien is done every day. Banks regularly file notices of liens with the Department of Commerce to prove and establish their interest in all kinds of property… homes, cars, tools, equipment. This is done very simply by contacting the Secretary of State or Department of Commerce and filing a UCC-1 financing statement and listing the property as collateral on the statement. The same can be done with your birth certificate, which is your property. You and only you can file this notice of lien… You and only you can determine the value of the property. Since you are priceless in God's eyes the value of your UCC-1 should be UNLIMITED.
In this case, the “company” is the government. Because you “agreed” to work for the government, the company, for the rest of your life, the government (company) agreed to “pay” all of the debt you incur in your lifetime. Is that a bit of a surprise to you? It should be. No one has told you or showed you how use this information. In exchange for your birth certificate and your application for Social Security, which they used as collateral to reduce their debt with the bankers, the government (company) promised to pay your debts. You work on behalf of the US government AS COLLATERAL ON THE NATIONAL DEBT owed to the bankers.

Whatever your debt, it's actually prepaid.
That’s right, your debt is “prepaid” with what is known as “money of account.” There is no real substance or “money of exchange” such as gold or silver; only accounting adjustments and set offs. The US government agreed to do this for you with the passage of House Joint Resolution (HJR) 192 back in 1933 shortly after the National Emergency and Bank Holiday declared by President Roosevelt. You're already signed up for this program from birth; it’s just that no one told you about it, UNTIL NOW!
Like all good companies though, the US government offered to its “worker bees”, insurance benefits. They offered insurance to us if we would fill out an SS-5 form, also known as “Application for Social Security Benefits”. It's also the hook they use to get us to sign up as their collateral on the national debt. This all originated from the “Shepard Towners Maternity Act” that was to help new mothers with the care of their children if the mother was unwed. (This is why they ask for the maiden name of the mother on the “application for live birth”. All of us are considered to be “bastard children” with the government (company) as our “daddy”)
The SS-5 is really a Power Of Attorney (POA) for the company that issued the insurance benefit to You, the real man or woman. POA was assumed by the company, the government. When they established the new account they styled the name in ALL CAPS. Very few people normally sign their name in ALL CAPS. Your JOHN H. DOE is really a corporation. Print your name in ALL CAPS if you intend to express the name/ title of Your corporation. You'll find it on "your" driver's license, "your" social security card, "your" bank statement, "your" check blanks, "your" tax statements, etc. The Social Security number is evidence that there is an insurance policy. The benefit you are receiving is the privilege of an army, navy, police, fire protection, Medicaid, medicare, SSI, pension etc.
So far it has worked quite well for the government (company)… they just didn’t tell you how to go about getting your debt set off and how to access and use the pre-paid account, all the more money for their pet projects…wars of pre-emption, international intrigue, control and domination of the global markets, etc. You/ve perhaps read about this in the news or seen it on the evening news. You're letting them use your money for crimes against humanity.

Filing a UCC1 Financing Statement..

Filing a UCC1 Financing Statement is the filing of a legal document into the public as evidence of you regaining control over your Agent in commerce, your strawman. It had been abandoned on the sea (see) of admiralty where it was salvaged by Government and big corps to use for their own gain and benefit.
• By filing the document you are noticing the ‘state’, the public, that you are regaining rightful control over the strawman- birth certificate name for your benefit and not the states and that you are now no longer delinquent.
• By filing you also show that you are the secured party and Principal Creditor to the strawman – vessel – trust – cestue Qui Trust as the Trust was set up to benefit the living spirit within the body of a man and NOT for the benefit of anyone else, government, corporations or your strawman.
• You – the living man, are the beneficiary of the Trust, the Trust being made up of a number of parties including you, your vessel, the state and Commonwealth Governments.
• The strawman is YOUR debtor. Because the living man is NOT to own anything, we have use and possession, as ‘good stewards’ it is the job of your vessel – agent in commerce, acting as a Trustee to the Trust, and whatever assets are being accumulated by the Trust is controlled by the Trustee – your strawman, for YOU as the beneficiary. YOU are therefore the ‘Holder in Due Course’ (HIDC) of the real estate assets held in Trust because the Titles are held in the name of you agent in commerce but the Deed is in YOUR possession and that makes YOU HIDC.
Upon filing a UCC1, you also produce several accompanying documents that are all PRIVATE documents and NOT to be issued into the public. All these documents ae referenced on your UCC1 filing by a code number so there is evidence of there existence, BUT they are to remain PRIVATE.
1. The first is the Security Agreement which is a private document evidencing a contract between you and your dead at law legal fiction strawman – crown security interest name. It is an agreement that evidences that you have an mutually agreed with the agent in commerce that the vessel – agent in commerce owes you $1B, yep, one billion smakeroos. It lists a whole range of securities and their values which YOU have the principal lien position over, the whole of the estate and is a principal mechanism of protection against outside predators in the world, particularly on the high seas of admiralty law where there are abundant pirates called Governments and big corporations. Because YOU are the Principal Creditor, any other claimant against your vessel – agent in commerce, can only be a secondary creditor and can only get at your estate WHEN YOUR vessel – agent in commerce has been paid the $1Billion which you receive as beneficiary, then the predator may have access to the estate of the Trust. It is our most effective defence to protect real estate and other property from predators on the high seas.
2. Hold Harmless and Indemnity Agreement. To my knowledge this private agreement between you and your agent in commerce is effected to ensure that you indemnify the public against any damage you, as the living, make against any member of the public as they operate only under limited liability insurance and therefore are at risk to damage by your day to day activities. It is simply insurance to protect members of the public from any accidental or delinquent actions from us as private people.
3. Private Agreement - is a private agreement evidencing a contract between you and your dead at law legal fiction strawman – crown security interest name. It is an agreement that evidences that there is an agreement a set of tasks and objectives between the parties. For example, it shows the strawman has agreed to accept all deposits for and on your behalf into his bank account(just look at your credit card or statement to identify whose account it is) because you cannot touch that filthy lucre. You in return, have agreed to fill out his tax return (he cannot because he is a piece of paper and is dead Fred!) and sign it John Henry Doe FOR JOHN HENRY DOE.