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I checked with the Bureau of Prisons and he is not in the system yet, but sentencing was set for early June. Typically a sentence is handed down and then there is a bit of time to report to prison. Still curious if anyone can find out anything.
Any news on the sentences received by Jamie GoldStein, Bev Kaemerling, etc.?
The defendants have been named in the suit.
I suspect they are the scammers running Coattec, among other things.
All are to be sentenced in a month or two.
Don't know about the dollar amounts, but it's usually a meager amount for these types of things.
A couple of other suits awarded me 10 dollars or less.
Zip a dee do dah!!!
JP, who is the class action suing?? My experience is that class action type law suits only sue deep pocket types. I've talked to some attorneys I know who do security violation type cases and all of them has told me "if there isn't any $$$ (gov, insurance ) you are wasting your time".
I would hope the judge has DOJ find and go after all the crooks assets and splits that up with the shareholders.
The only one who makes money on a class action law suit is the attorneys.
GL to you and all others who got suck with this stock.
If we only get 6 dollars per shareholder, they can donate mine to cancer research.
There's a class action suit.
I think shareholders will get about $6. Each.
Thanks, same info I received. Sure would be nice to get part of the money back. LOL GLTA
RE: United States v. Defendant(s) JOHN WORTHEN, JOEL RAMSDEN
Case Number 2002R00380 and Court Docket Number 07-CR-00410
The United States Department of Justice believes it is important to keep victims of federal crime informed of court proceedings. This notice provides information about the above-referenced criminal case.
The sentencing hearing for defendant(s), JOEL RAMSDEN, has been set for July 31, 2009, 03:30 PM at Courtroom 13106, US Courthouse, 700 Stewart Street, Seattle, WA 98101 before Judge Richard Jones. You are welcome to attend this proceeding; however, unless you have received a subpoena, your attendance is not required by the Court. If you plan on attending, please check with the VNS Call Center to verify the sentencing date and time. Should you wish to speak at the sentencing or want to check for the most current information on the date/time of this event please call our office a day or two before the scheduled hearing.
A United States Probation Officer prepares a report for the Court and may contact you to discuss the impact the crime had on you financially, physically, and/or emotionally. If you are contacted, please make every effort to provide accurate and detailed information.
The sentencing hearing for defendant(s), JOHN WORTHEN, has been set for August 3, 2009, 09:00 AM at Courtroom 13106, US Courthouse, 700 Stewart Street, Seattle, WA 98101 before Judge Richard Jones. You are welcome to attend this proceeding; however, unless you have received a subpoena, your attendance is not required by the Court. If you plan on attending, please check with the VNS Call Center to verify the sentencing date and time. Should you wish to speak at the sentencing or want to check for the most current information on the date/time of this event please call our office a day or two before the scheduled hearing.
A United States Probation Officer prepares a report for the Court and may contact you to discuss the impact the crime had on you financially, physically, and/or emotionally. If you are contacted, please make every effort to provide accurate and detailed information.
The Victim Notification System (VNS) is designed to provide you with information regarding the case as it proceeds through the criminal justice system. You may obtain current information about this case on the VNS Web site at https://www.notify.usdoj.gov or from the VNS Call Center at 1-866-DOJ-4YOU (1-866-365-4968) (TDD/TTY: 1-866-228-4619) (International: 1-502-213-2767). In addition, you may use the Call Center or Internet to update your contact information and/or change your decision about participation in the notification program. If you update your information to include a current email address, VNS will send information to that address. In order to continue to receive notifications, it is your responsibility to keep your contact information current.
You will use your Victim Identification Number (VIN) and Personal Identification Number (PIN) anytime you contact the Call Center and the first time you log on to the VNS web site. In addition, the first time you access the VNS Internet site, you will be prompted to enter your last name (or business name) as currently contained in VNS. The name you should enter is
Remember, VNS is an automated system and cannot answer questions. If you have other questions which involve this matter, please contact this office at the number listed above.
Sincerely,
Jeffrey C. Sullivan
United States Attorney
Maggie Land
Victim Witness Specialist
Who's buying this stock. The crooks behind this company are scheduled for sentenceing (July & Aug.) after pleading guilty to fraud.
I think the court has the list of victims (shareholders) already and so I don't know if new SH's would be in line to collect any restitution (if any). The court has already ordered that all assets be seized from all the crooks. Interesting!
If anyone has idea's why or if the possible gain by buying shares now please let me know. TIA
JP, I got the same e-mail showing the amount (a few dollars off) I invested in the company. I believe the court is going after defendants assets (our $$).
Did you noticed today someone buy 1+million shares. I didn't think you could trade the stock. LOL
GLTA holders.
Looks like they were caught with thier hand in a cookie jar that was'nt thier's.
So these defendants were the ones who were the conspirators in the Coattec scam?
RE: United States v. Defendant(s) JAMIE GOLDSTEIN, DONALD GOLDSTEIN, BEVERLY KAMERLING, NICHOLAS J. ALEXANDER
Case Number 2002R00380 and Court Docket Number 07-CR-00410
Dear XXXXXXX
The United States Department of Justice believes it is important to keep victims of federal crime informed of court proceedings. This notice provides information about the above-referenced criminal case.
On April 23, 2009, defendant BEVERLY KAMERLING pled guilty to the charges listed below. Any remaining counts will be disposed of at the time of sentencing. As a result of the guilty plea, there will be no trial involving this defendant.
Number of Charges Description of Charges Disposition
----------------- ---------------------- -----------
1 Power of Court Dismissed without Prejudice
4 Securities Violations Dismissed without Prejudice
4 Mail Fraud - Frauds and swindles Dismissed without Prejudice
1 Laundering of monetary instruments Dismissed without Prejudice
2 Conspiracy to commit offense or to defraud US Guilty
2 Willful failure to file return, supply information or pay tax Dismissed without Prejudice
On April 23, 2009, defendant NICHOLAS J. ALEXANDER pled guilty to the charges listed below. Any remaining counts will be disposed of at the time of sentencing. As a result of the guilty plea, there will be no trial involving this defendant.
Number of Charges Description of Charges Disposition
----------------- ---------------------- -----------
4 Securities Violations Dismissed without Prejudice
4 Mail Fraud - Frauds and swindles Dismissed without Prejudice
1 Conspiracy to commit offense or to defraud US Guilty
1 Conspiracy to commit offense or to defraud US Dismissed without Prejudice
The sentencing hearing for defendant(s), DONALD GOLDSTEIN, has been set for June 1, 2009, 10:00 AM at Courtroom 13106, US Courthouse, 700 Stewart Street, Seattle, WA 98101 before Judge Richard Jones. You are welcome to attend this proceeding; however, unless you have received a subpoena, your attendance is not required by the Court. If you plan on attending, please check with the VNS Call Center to verify the sentencing date and time. Should you wish to speak at the sentencing or want to check for the most current information on the date/time of this event please call our office a day or two before the scheduled hearing.
A United States Probation Officer prepares a report for the Court and may contact you to discuss the impact the crime had on you financially, physically, and/or emotionally. If you are contacted, please make every effort to provide accurate and detailed information.
The sentencing hearing for defendant(s), JAMIE GOLDSTEIN, has been set for June 1, 2009, 09:00 AM at Courtroom 13106, US Courthouse, 700 Stewart Street, Seattle, WA 98101 before Judge Richard Jones. You are welcome to attend this proceeding; however, unless you have received a subpoena, your attendance is not required by the Court. If you plan on attending, please check with the VNS Call Center to verify the sentencing date and time. Should you wish to speak at the sentencing or want to check for the most current information on the date/time of this event please call our office a day or two before the scheduled hearing.
A United States Probation Officer prepares a report for the Court and may contact you to discuss the impact the crime had on you financially, physically, and/or emotionally. If you are contacted, please make every effort to provide accurate and detailed information.
The sentencing hearing for defendant(s), BEVERLY KAMERLING, has been set for August 17, 2009, 09:00 AM at Courtroom 13106, US Courthouse, 700 Stewart Street, Seattle, WA 98101 before Judge Richard Jones. You are welcome to attend this proceeding; however, unless you have received a subpoena, your attendance is not required by the Court. If you plan on attending, please check with the VNS Call Center to verify the sentencing date and time. Should you wish to speak at the sentencing or want to check for the most current information on the date/time of this event please call our office a day or two before the scheduled hearing.
A United States Probation Officer prepares a report for the Court and may contact you to discuss the impact the crime had on you financially, physically, and/or emotionally. If you are contacted, please make every effort to provide accurate and detailed information.
The sentencing hearing for defendant(s), NICHOLAS J. ALEXANDER, has been set for August 17, 2009, 10:00 AM at Courtroom 13106, US Courthouse, 700 Stewart Street, Seattle, WA 98101 before Judge Richard Jones. You are welcome to attend this proceeding; however, unless you have received a subpoena, your attendance is not required by the Court. If you plan on attending, please check with the VNS Call Center to verify the sentencing date and time. Should you wish to speak at the sentencing or want to check for the most current information on the date/time of this event please call our office a day or two before the scheduled hearing.
A United States Probation Officer prepares a report for the Court and may contact you to discuss the impact the crime had on you financially, physically, and/or emotionally. If you are contacted, please make every effort to provide accurate and detailed information.
The Victim Notification System (VNS) is designed to provide you with information regarding the case as it proceeds through the criminal justice system. You may obtain current information about this case on the VNS Web site at https://www.notify.usdoj.gov or from the VNS Call Center at 1-866-DOJ-4YOU (1-866-365-4968) (TDD/TTY: 1-866-228-4619) (International: 1-502-213-2767). In addition, you may use the Call Center or Internet to update your contact information and/or change your decision about participation in the notification program. If you update your information to include a current email address, VNS will send information to that address. In order to continue to receive notifications, it is your responsibility to keep your contact information current.
You will use your Victim Identification Number (VIN) 2311537 and Personal Identification Number (PIN) 7829 anytime you contact the Call Center and the first time you log on to the VNS web site. In addition, the first time you access the VNS Internet site, you will be prompted to enter your last name (or business name) as currently contained in VNS. The name you should enter is Thatcher.
Remember, VNS is an automated system and cannot answer questions. If you have other questions which involve this matter, please contact this office at the number listed above.
Sincerely,
Jeffrey C. Sullivan
United States Attorney
Maggie Land
Victim Witness Specialist
If you do not want to receive email notifications from the Victim Notification System (VNS) or wish to no longer participate in the Department of Justice victim notification program, please log into the VNS Web site at https://www.notify.usdoj.gov. To stop receiving email notifications or change your email address select My Information and either remove your email address or provide a new address and click the "update" button. If you no longer wish to receive notifications in your case or access the VNS Web site and toll free telephone service, select Stop Receiving Notifications and follow the instructions on the screen.
If you believe you have received this email in error, please contact the office listed at top of the email message.
Please note, if this is the first notification you have received from VNS you will need to wait 4-8 hours from receipt of this email before you can login to the VNS Internet site (http://www.notify.usdoj.gov). In addition, it will also be 4-8 hours before any documents which may have been uploaded to VNS as part of this notification will available under the "Documents/Links" section on the Web page.
Post 222 shows that you received the same info I did, contact Maggie Land at that office.
I really don't expect anything out of this, but if I do get anything, it will be like finding money on the ground.
So if I had held Coattec shares, I may be entitled to the $1600?
But do I need to initiate the reimbursement?
Or is that something that is done automatically?
And does everyone get the same amount? ($1600)
U.S. Department of Justice
United States Attorney's Office
Western District of Washington
700 Stewart Street
Suite 5220
Seattle, WA 98101-1271
Phone: (206) 553-2906
Fax: (206) 553-4134
It was sent by Maggie Land. I would copy the whole email but it has personal info in it.
Was this something that you requested? Or did they send it to everyone? I can't say I even got one.
The info they sent to me showed that amount, but it also said they may not pay it.
Is that official?
The Court ordered restitution to be paid in case #, in the total amount of -----.
While the Court has ordered restitution in this case, it does not mean the defendant(s) will make restitution payments. In the event restitution payments are received from the defendant, the funds will be distributed by the Clerk of the United States District Court. It is your responsibility to keep our Office and the Clerk's Office advised of any address changes.
Ok, thanks. You been very kind and helpful.
Don't know. I asked Maggie Land that exact Q and she hasn't responded with a answer yet. I sure it will be up to the probation dept's report to the court/judge, prior to any sentenceing.
I would hope they will try garnishing/obtaining all of their accounts/property and put them into BK. That might give us a chance to get something.IMO
It would only seems right since it's our money they bought them with.LOL
If it goes to trial and they are found guilty, will they be accountable for monies they stole, and we will, therefore, be able to collect at least something from them?
Yes, Feb 5th was the deadline. In one of my emails to Maggie Land I stated my opinion. Not sure if that will get to the AG.
Did you get a copy of the complaint? I hope it goes to trial but I believe they will plea to a lesser charge like the others.LOL
It's too late to respond?
I know that they indicated a Feb 5 date to return the paperwork.
thank you once again
If I go, I will take a picture of them leaving court since they are not in custody. I will post them on Ihub so the whole world can see those crooks.
YES, I know they are not convicted YET, but I read the complaint and with some of the others pleading guilty already I feel convinced they are guilty. I also feel they will plea prior to the trial. JMO
GL
JP, there should be an email address in the paper work you received. I emailed a MRS LAND and she responded. They knew the amount of my investment (they were off by 100+ dollars) but it was close.
No this didn't cause any major hardship on me either (approx. 2500 dollars) but it's the idea they knowingly stole from me (us investors) that pisses me off. I know when you play in pinky land you take the chance with start-up type companies going broke and we lose our money. AS big Risk vs Large return.LOL
GL in all your investments.
take a picture if u can! and thanks for the info
Thanks....I guess that it's too late to turn in the Victims Impact Statement.
I lost some money. But it did not ruin my life.
YES, it pertains to ctck along with other companies. I've been in contact with victim services. I also got a copy of the complaint (interesting reading). FBI got them on wiretap.LOL
I believe you can get one also if you request it. Kamerling and Alexander are scheduled for trial on Oct 5,2009 in Seattle. If I'm not doing anything, I might fly up for the trial so I can look at the crooks in person.LOL
Did you not get a Dept of Justice notice?
Yes....I received a notice from the Dept of Justice a week or 2 ago. So you think that was for Coattec scammers?
Here are a few of the defendants:
Beverly Kamerling
Joel Ramsden
etc....
Is that associated with Coattec?
The notice gave no indication of the particulars, so I'm lost as to what business the case involves. And, accordinly, I can't fill out the paperwork they requested since I don't know what is involved. If it's Coattec related then I have an idea as to how to fill out the forms.
wow....i had no idea!!! thank you for the info,,,....i was just waiting for it to wake up one day here!!!!!
Dem, you do know that all or most of the management is in jail or out pending trails? don't you.
I received a notice from U.S. DOJ regarding the case since I was a victim of the fraud. LOL
PLEASE company...STAY QUIET....NEVER WAKE.....none of the shareholders want any money back here.....lol
i just had a different one wake up...maybe we will get a wake-up call here soon.......cant hurt to dream a little!!!!
just gonna let it drift away slowly????
shareholder update coming?????
maybe we wake up here soon.......been a while....
Dear Steve,
thank you for your mail. The problem the company is dealing with continues to be the proper funding. The search for funding is going on, but it is more difficult than previously expected. All commercial activities depend on the company having secured sufficient working capital.
Regarding the discussions with DiversiPlast, we do think that we have a great product, and we are still hopeful to get them really interested in our technology; a meeting with them was scheduled during the 4th Q, 2007, but it was postponed to sometime this year. Unfortunately the present depressed housing market makes things even more difficult.
Unfortunately we have no better news at this time, but we will keep you informed when any new delopments occur and also all shareholders via announcement on our website.
Sincerely
coattecindustries
wonder if they ever even had one sale or generated on deal! Probabbly just an office in a garage of a private home
A failed entity or a poor idea. In investor jargon: scam.
"Coattek is a boondoggle, Clarence." "Yes, Joe, I've lost thousands on this scam."
ok I give up!
What the hell does boondoggle mean?
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