In terms of RCCH, my honest assestment is that Newton was not a very smart person or versed in the OTC market. One look at the failed S-1 demonstrates this. He was successful at buying EZ Debt, but unfortunately, charging upfront loan fess was illegal. After that, I think IWS was good, but IMO, he made promises to fund it that he could not keep. He then choose the BS fluff route, dilution killed the stock and then getting caught in the Gendarme fiasco, was the nail in the coffin.
So, incompetent but not crooked, at least in the beginning?