Custodian Shell Discussion

[HopScotch2]

That isn't from 2001. He wasn't indicted for incest until 2005 and the case when on for sometime. The shells he manufactured are still are out there and some list the same control person they had when Berney was finally incarcerated. Like many people being appointed as custodians and receivers, Berney had undisclosed securities violations, criminal charges and a bankruptcy which were concealed from the court.

Despite his passing, his method of hijacking is commonly used by fraudsters to steal shell companies from their legitimate stockholders.