Shame on you..those who lost faith in SI

I AGREE

From those local offices they direct your inquiry or take your info and they send it on--or proceed how they see best. So I was told

...May i inquire, how you gave sworn "testimony"? Has this case gone to trial? In front of what kind of tribunal was your testimony given?

Maybe you gave a declaration...

I'm curious, to what end do you think the "FBI" may help, other than guarantee you will NEVER see your investment principal again?

Are you thinking they may put the administrators in jail? For what, running a PONZI? THEFT of your principal?

C'mon, this is unreal. We all knew the risks, myself included...

[able1]

I don't know or work on the SI case but see below one Ponzi matter that I have been involved with--ponzi and fraud are illegal, if that is what you are asking.


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They money instead fueled a huge, long-running Ponzi scheme, in which later investments were used to keep earlier investors happy, the suits allege. In addition,


Lou Pearlman arrested in Guam
Pedro Ruz Gutierrez, Scott Powers, Willoughby Mariano and Sara K. Clarke
Sentinel Staff Writers

June 14, 2007, 8:29 PM EDT

Lou Pearlman, the Orlando boy-band mogul, was arrested on a bank fraud charge after arriving on American soil in Guam, an official with the U.S. attorney's office there said.

Pearlman was taken into custody by the FBI early this morning in Indonesia. Authorities expelled Pearlman and then turned him over to U.S. authorities. They escorted him to Guam, the nearest U.S. territory, and arrested him when they arrived this evening Orlando time, said Leonardo Rapidas, Guam's U.S. Attorney.

"We are aware that he is in the custody of the FBI," said Steve Cole, a spokesman for the US Attorney's Office in Tampa. "I can't comment beyond that." Pearlman is the subject of several federal and state criminal investigations in Florida involving alleged securities and bank fraud. Pearlman is tentatively slated for an appearance before a federal judge at 1 p.m. in Guam, Rapidas said.

Indonesian authorities located Pearlman living in a resort hotel in the tourist district of Nusa Dua in Bali. Immigration officials in that country told him he was no longer welcome in their country and then expelled him. In the process, they turned him over to U.S. officials

On Feb. 15, FBI and IRS agents, using search warrants, raided Pearlman's former corporate headquarters on Church Street and his Isleworth home near Windermere and seized truckloads of documents.

While the federal charges remain publicly unknown, Pearlman has been charged in both state and federal court with civil complaints alleging widespread fraud in an "employee investment savings account " program he ran for more than two decades through his Trans Continental Airlines company.

The civil suits, including one from the Florida Office of Financial Regulation, have alleged he received more than $317 million from more than 1,800 investors who were told their money was going into safe, secured, high-interest accounts. They money instead fueled a huge, long-running Ponzi scheme, in which later investments were used to keep earlier investors happy, the suits allege. In addition, a dozen banks have sued him after foreclosing on more than $130 million in loans.

I am wondering why we have not heard anything regarding SI since the beginning of April? Any ideas? It is surly strange that there has been NO news for over 90 days now.

I think the focus at least for this short period is on the funds tied up with the e-gold indictment. I did give an affidavit at the end of June to federal investigators. WLD said in their article long before the indictment that e-gold has been complicit all along. i doubted it at first when they said that but when the feds indicted e-gold it seemed to confirm that e-gold was involved and presumably has some of the funds. all a big mess i must say!

The attorneys involved have done an absolutely TERRIBLE job as far as disseminating information and keeping people up to date regarding progress or lack thereof. Which makes me think that it's more of the latter. If nothing else, they could provide some detail on what's happened to date. They've not done that either. I don't care whether it's good or bad news, but geez at least tell me something. P*ss poor job all around on this one.

Are you a paid client or are they handling your claim/part for free. If you did not pay anything then you are not being charged anything at all as far as I understand. No contingency fee either.
I must say I usually get a response immediately by email or phone from one of several lawyers that are familiar with the matter, but I did make an initial modest payment.

Originally Posted by Unregistered

I think the focus at least for this short period is on the funds tied up with the e-gold indictment. I did give an affidavit at the end of June to federal investigators. WLD said in their article long before the indictment that e-gold has been complicit all along. i doubted it at first when they said that but when the feds indicted e-gold it seemed to confirm that e-gold was involved and presumably has some of the funds. all a big mess i must say!

Then I guess it's time to "tidy" things up!

Well first of all there is absolutely NO FBI report. My very good friend works for the FBI and has looked and asked every where so, forget that noise. Second, if there was any EX PARTE' it would be public information and of course, there is none. So, we should ask, "what is really going on here" with all this so called, information. I realize that SI has never paid (tell us something we don't know) but, I'd like to have at least some truth about all the law suits and so called, "investigations." To sum it up people, move on with your life and forget about ever seeing ANY money from anyone related to this mess. Those ARE the facts!

You unfortunately are dead wrong. The agent is in the Los Angeles area. Her number has been given to several people. Tell your "friend" to call world law since he is telling you incorrect info.