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Thursday, 01/01/2015 9:08:43 AM

Thursday, January 01, 2015 9:08:43 AM

Post# of 29739
Is Verges in Hiding ?
by stevobama @ June 19, 2014, 11:07 p.m.
Thanks for the words. My 30K losses hurt because that was a time just graduating college with a finance degree. I was naive to think that a company filing financial statements with the SEC would be guaranteed to be legit. Once I knew it was a complete scam, I was on a personal mission to shut him down. Flooded the internet with details of his scam, sent the SEC emails, and whatever else I could. The guy claimed to have had 600 employees and I couldn't verify anyone outside of family members and buddies like Philip Rauch that also should be in jail. The whole thing was a multi-million dollar scam and he has yet to face justice.

There was never any real business as far as I could tell. He started buying out worthless shell companies, doing the reverse merger, issuing new equity based on a buzz word name like China or Latin America or Green or whatever that could get web hits. It really worked and the guy had two mansions in Texas.

I'm sure he has money off the grid for living expenses, but his cash cow income is gone. It is possible that he is working ...
http://99wallstreet.com/new/discussion/topic/306/

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