Tell me something.
If James Femia knew that the DTCC using counterfeit shares again would cause him to get popped in front of his Country Hollows, Naples home...
Do you think he want the DTCC to lie again?
Some guys just deserve an ass whooping. He's one.
The last time I saw something like this be so quiet, it was because there was an international arrest warrant in play.
I have no posts, because I have no answers at the moment.
I have no idea.
Absolute silence on everything. I had expected Megas to be arrested and transferred to the US months ago.
fine, just hide.
and mretgnol, take note, dtcc is loaded. and corrupt.
Bullshit as always, Chad. Let's stick to facts that are provable, not resort to zany theories involving NSS:
The SEC today announced that it obtained a final judgment against Thomas Megas for orchestrating a $1.4 million Ponzi scheme that defrauded at least 10 retail investors. As described in the court's opinion, Megas, a British national and Switzerland-based businessman, did not meet the burden for vacating the Court's initial ruling....
The SEC's complaint, filed on March 24, 2020, accused Megas, together with co-defendant Todd H. Lahr, of targeting Lahr's clients to raise funds for several Megas-led business ventures, including mining operations in Papua New Guinea and real estate investments in Barcelona and London. Instead, Megas and Lahr allegedly used investor funds to pay earlier investors and for various personal expenses, including Megas' vacation to the Caribbean, restaurant bills, and ATM withdrawals...
And what they got him for in 2020--the Ponzi scheme--had only started in 2021. They didn't go back to the original scam.
We should never let the brokers and DTCC off
the hook! Those blaming Megas are
Taking a page out of the Democrats play book (by blaming the other side for doing what the Dems are actually doing) They try to blame Megas instead of the Brokers and inept regulators! The NASD/FINRA as well as the SEC are still Fucked up regulators. A bunch of asswipes!
do you know mretgnol? do you realize how many years have gone by with this obsession with secrecy and innuendo? do you have any possible evidence of a settlement? instead of keeping everything in the dark, let's shine some light on these issues and have a more open dialogue. How about we start with what you know, if anything?
mretgnol, just give us a verdict here, if it's over, it's over. just give us some sense of closure.
or maybe ...
As a result of a settlement, he might have needed to sign an NDA.
mretgnol, if it's over, let us know. just tell us. your efforts are appreciated, but we're men here, if it's done, it's done.
With subpoena power Montal, Head and Femia can no longer hide behind Megas.
Go get em!!
So are mine....X106
There are three SEC people I want to see fired.
One had knowledge of the 80 million missing shares here and he's about to FAFO.
He should be scared to death of the DOJ issuing an international arrest warrant. The SEC are mall cops. They win a judgment and then forward to the DOJ for criminal prosecution. They also can and will go after additional charges like the $3.1 million they scammed here.
His appeal missed some key facts
By the way, who is trying to prosecute Binance? He just got fugging wrecked this week by the SEC Chair and two commissioners. The next few weeks are going to be fun when he gets publicly called out for botching the DTCC issue and overlooking Todd's Blackstar pump and dump
Believe, or not getting ugly I would expect. It shows maybe fear for the first time of being found out. This whole thing goes well beyond sucking. If this has happened here, where else, and how many times industry wide to others.
I certainly don't take anything away from Megas being dirty, and should face whatever is coming to him, but if he is, what does that make the DTC?
I got to to say you are it, and getting this issue this far thanks. I would like to say " Put a stake in it, and hit hard"
This is getting really ugly and threatening too. Threats of a retaliatory lawsuit that was matched with a letter from a Congressman's office demanding a copy of their master cert.
Megas could help his ass by filing something. He's pretty quiet at the moment.
Are the subpoenas still on track? Not knowing when the window was started I knew it was close.
Ameritrade is now Schwab. My BCIT shares transferred over to Schwab from Ameritrade.
Funny thing is I have a couple other stocks still in account that have not traded in decades, but yet those can be transferred.
Still in my Ameritrade account though
Me too. Got the alert and BCIT shares are history. Criminals got a jail free card with the help of SEC. Sure hate this "Fckr" so calleD "SEC".
The security referenced below has been removed from your account because the security was classified as nontransferable by the Depository Trust Company.
Security: BANCORP INTERNATIONA
if you have a contact at M.Stanley who would be willing to be contacted by an Etrade guy to tell them they will take bcit shares that would be super helpful.
As soon as I know more, I will post.
point is, you're saying Morgan Stanley will take your shares, right? But the reason etrade says they are removing the shares is because of Morgan Stanley (to which etrade is being absorbed). So i am wondering if your contact can shed light.
That is the plan.
is morgan stanley taking your shares?
Still in the processing phase. Will let the board know.