Government Officials Seeking Vancouver Stock Promoters
- 3/29/2010 10:15:03 AM
A Robson Square Provincial Court judge has issued an arrest warrant for former Vancouver stock promoter Alex Smid, who has been charged with four counts of tax evasion and tax fraud. The offences were allegedly committed from 2002 to 2004.
According to his blog, Smid has worked as chairman of International Capital Investment Group Ltd. from 2001 to at least last year.
This company's stated purpose is rather vague, and I could not find any other reference to it on the Internet. It is based in Newport Beach, Calif.
During the past decade, Smid has also served as an officer and director of several junior companies, most notably as president of Southridge Enterprises Inc. during 2006 and 2007. Southridge was purportedly developing ethanol plants. This company was listed on the OTC Bulletin Board in the United States, then relegated to the lowly Pink Sheets after it failed to file financial statements. It is not showing any signs of life.
As evidenced by a slick photograph that appears on his website, 37-year-old Smid fancies himself as one cool dude: "I'm in the middle of several large projects right now, so my time is limited," he states on the site. "Anyone requiring immediate financing assistance can contact my executive personal assistant Frank Turner at our Newport Beach office. Only projects in need of $20 million or more will be considered."
His website is also sprinkled with quotes such as, "A million here, a million there, and pretty soon you're talking about real money" -- which he attributes to himself, but is a variation of a quote from late U.S. senator Everett Dirksen.
More on Alex Smid:
Alex Smid, also known as "Lex Smid", "Marcus Smith", "Max Schmit".
His illegal activities are documented as far back as the late 1980s. Obviously a seasoned criminal. He has ties to the Mexican and Russian mafia and allegedly involved in extortion, blackmail, loan sharking, counterfeiting, prime bank fraud and identity fraud. He lives between his lavish homes in Las Vegas and Boca Raton. His evil tentacles reach as far south as Uruguay and east to Moscow.
With his smooth, soft spoken demeanor he will deceive anyone. An extremely DANGEROUS and professional scam artist! I know firsthand, Alex conned me and my family out of $780,000 in 1999. I spent an additional $40,000 and three years trying to track him down to get our money. Only thing I got back was death threats and the private investigator I hired was brutally assaulted when he picked up his trail.
Alex Smid is far worse a person than I can possibly describe. Without the slightest inclination of remorse, he will lie, cheat and steal from/to anyone, just so long as he stands to benefit. He manipulated millions of dollars from thousands of others, caused job losses, businesses closures, and forced individuals and their families into poverty and misery.
Yikes sounds like a bad dude. With an arrest warrant over his head in Canada I wonder how active he still is in these penny stock promotion schemes.
