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Ohh who cares why! This will be a hoot! I will certainly listen again out of sheer morbid curiosity ;)
Harley
CAN SOMEONE PLEASE EXPLAIN HOW HE CAN HAVE A CALL?
CAN YOU BELIEVE THE GALL OF THIS GUY
Petro Corporate Call
A PetroAmericaCorp Update
to be given by Owen Hawkins
Thursday, November 18
5pm Pacific, 6pm Mountain, 7pm Central, 8:00 pm Eastern
712.432.1001
Pin 462517988#
they should round all of them up and put them in the slammer-they all knew something wasn't right-
But he wants to make it very clear that it is only his "opinion."
One that works in a CPA firm and surrounds himself with "financial planners" no less.
Ah but I don't think there is much of a question as to what his motives are for wanting people to believe still that Petro America Corp will make them rich.
I just hope that it wasn't money from Petro America Corp shareholder's pockets that finally made it possible for him to pay off his 4 year old restitution debts with the courts in California.
nodummy, so an outright criminal says in a call that Petro America is moving forward and people continue to believe.
Absolutely fascinating.
Good luck.
At the time of the sentencing the probation officer listed in the minutes for that court session was PROBATION OFFICE FORTHWITH I don't think FORTHWITH is a persons name though. You'd probably have to call the San Bernardino County Probation Office to find that out.
Looks like Chozan Behn made three motions recently requesting to end probation early on 6/29/10 and 7/30/10 and 8/26/10 and all three motions were denied.
The exact terms and sentencing for the two felony charges were as follows:
THAT THE DEFENDANT SHALL:
SERVE 270 DAYS IN A SAN BERNARDINO COUNTY JAIL FACILITY,
WITH CREDIT FOR TIME SERVED, A MATTER OF 3 DAYS,
SENTENCE TO RUN CONCURRENT TO FWV032421
MAKE RESTITUTION TO THE VICTIM(S) KINECTA FEDERAL CREDIT UNION IN THE AMOUNT OF $48027.00 PLUS A 10% ADMINISTRATIVE FEE, TO BE PAID THROUGH CENTRAL COLLECTIONS
PAY A RESTITUTION FINE IN THE AMOUNT OF $200.00, PLUS A TEN PERCENT (10%) ADMINISTRATIVE FEE THROUGH CENTRAL COLLECTIONS.
MAKE RESTITUTION TO THE VICTIM(S) PEGGY JAMES IN THE AMOUNT OF $5180.00 PLUS A 10% ADMINISTRATIVE FEE, TO BE PAID THROUGH CENTRAL COLLECTIONS
PAY A RESTITUTION FINE IN THE AMOUNT OF $200.00, PLUS A TEN PERCENT (10%) ADMINISTRATIVE FEE THROUGH CENTRAL COLLECTIONS.
NOT BE WITHIN 100 YARDS OF PEGGY JAMES. NOT HAVE ANY CONTACT WITH THE VICTIM PEGGY JAMES.
SUPERVISED PROBATION GRANTED FOR A PERIOD OF 60 MONTHS ON FOLLOWING TERMS AND CONDITIONS:
Probation Type: FORMAL Granted: 01/06/2006 Expire: 01/05/2011
2) VIOLATE NO LAW.
3) REPORT TO THE PROB OFFICER IN PERSON IMMEDIATELY - ND THEREAFTER ONCE EVERY FOURTEEN (14) DAYS OR AS DIRECTED.
4) COOPERATE WITH THE PROBATION OFFICER IN A PLAN OF REHABILITATION AND FOLLOW ALL REASONABLE DIRECTIVES OF THE PROBATION OFFICER.
5) SEEK AND MAINTAIN GAINFUL EMPLOYMENT, OR ATTEND SCHOOL, AND KEEP THE PROBATION OFFICER INFORMED OF STATUS OF EMPLOYMENT, OR SCHOOL.
6) NOT LEAVE THE STATE OF CALIFORNIA WITHOUT FIRST OBTAINING WRITTEN PERMISSION OF THE PROBATION OFFICER.
7) KEEP THE PROBATION OFFICER INFORMED OF PLACE OF RESIDENCE, COHABITANTS AND PETS, AND GIVE WRITTEN NOTICE TO THE PROBATION OFFICER TWENTY-FOUR (24) HOURS PRIOR TO ANY CHANGES. PRIOR TO ANY MOVE PROVIDE WRITTEN AUTHORIZATION TO THE POST OFFICE TO FORWARD MAIL TO THE NEW ADDRESS.
8) NEITHER POSSESS NOR HAVE UNDER YOUR CONTROL ANY DANGEROUS OR DEADLY WEAPONS OR EXPLOSIVE DEVICES OR MATERIALS TO MAKE EXPLOSIVE DEVICES.
9) SUBMIT TO A SEARCH AND SEIZURE OF YOUR PERSON, RESIDENCE AND/OR PROPERTY UNDER YOUR CONTROL AT ANY TIME OF THE DAY OR NIGHT BY ANY LAW-ENFORCEMENT OFFICER, WITH OR WITHOUT A SEARCH WARRANT, AND WITH OR WITHOUT CAUSE (PEOPLE -V- BRAVO).
10) NEITHER USE NOR POSSESS ANY CONTROLLED SUBSTANCE WITHOUT MEDICAL PRESCRIPTION. A PHYSICIANS'S WRITTEN NOTICE IS TO BE GIVEN TO THE PROBATION OFFICER.
11) SUBMIT TO A CONTROLLED SUBSTANCE TEST AT DIRECTION OF PROBATION OFFICER. EACH TEST IS SUBJECT TO AN $11.00 FEE, TO BE COLLECTED BY CENTRAL COLLECTIONS
12) NOT POSSESS ANY TYPE OF DRUG PARAPHERNALIA, AS DEFINED IN H&S11364.5(D)
13) NEITHER POSSESS NOR CONSUME ANY ALCOHOLIC BEVERAGES NOR ENTER PLACES WHERE SUCH BEVERAGES ARE THE CHIEF ITEM OF SALE, AND SUBMIT TO TESTS AT THE DIRECTION OF THE PROBATION OFFICER.
14) PARTICIPATE IN A COUNSELING PROGRAM AS DIRECTED BY THE PROBATION OFFICER, SUBMIT MONTHLY PROOF OF ATTENDANCE AND/OR SUCCESSFUL COMPLETION TO THE PROBATION OFFICER AS DIRECTED AND BE RESPONSIBLE FOR PAYMENT OF ALL PROGRAM FEE(S).
15) NOT ASSOCIATE WITH KNOWN CONVICTED FELONS OR ANYONE ACTIVELY ENGAGED IN CRIMINAL ACTIVITY - EXCEPT NONE.
16) NOT ASSOCIATE WITH KNOWN ILLEGAL USERS OR SELLERS OF CONTROLLED SUBSTANCES,
17) PERFORM 80 HOURS OF COMMUNITY SERVICES, TO BE COMPLETED NO LATER THAN 05/18/2006 AND PROVIDE PROOF TO THE PROBATION OFFICER.
18) NOT MAINTAIN A CHECKING ACCOUNT OR COMPLETE OR ENDORSE ANY CHECKS UNLESS MADE PAYABLE TO YOU AND NOT HAVE ANY BLANK CHECKS IN YOUR POSSESSION WITHOUT PERMISSION OF THE PROBATION OFFICER.
19) SUBMIT TO AND COOPERATE IN A FIELD INTERROGATION BY ANY PEACE OFFICER AT ANY TIME OF THE DAY OR NIGHT.
20) CARRY AT ALL TIMES, A VALID CALIFORNIA DRIVER'S LICENSE OR DEPARTMENT OF MOTOR VEHICLES IDENTIFICATION CARD CONTAINING YOUR TRUE NAME, AGE AND CURRENT ADDRESS, AND DISPLAY SUCH IDENTIFICATION UPON REQUEST BY ANY PEACE OFFICER AND NOT USE ANY OTHER NAME FOR ANY PURPOSE WITHOUT FIRST NOTIFYING THE P.O.
21) COMPLY WITH ANY COURT-ORDERED PAYMENT SCHEDULE.
After they final sorted out his time served back in 2006 no other entries were made by the court for this case until 2010:
05/06/2010 WRIT RETURNED UNSATISFIED WITH ADDED COSTS OF $ $30.00.
02/12/2010 WRIT OF EXECUTION ISSUED TO LOS ANGELES, IN THE AMOUNT OF $51325.95 AND SENT TO CENTRAL COLLECTIONS.
02/12/2010 DECLARATION & ORDER FOR ISSUANCE OF WRIT/ABSTRACT SIGNED.
02/12/2010 COST BILL AFTER JUDGMENT FOR $ $25.00 FILED.
02/12/2010 DECLARATION RE: DEFAULT IN PAYMENTS FILED.
02/12/2010 PARTIAL SATISFACTION OF JUDGMENT FOR $ $1773.75 FILED.
02/12/2010 ABSTRACT OF JUDGMENT ISSUED AND SENT TO CENTRAL
It's interesting that no restitution seems to have been paid until 2/12/10 if I am understanding this correctly. I wonder if any money from Petro America Corp shareholders went to help pay his restitution and other court fees.
Don't know how well this link will work but if it does work it is a full report of the entire case #FWV032611
http://170.164.31.10/openaccess/CRIMINAL/criminalcasereport.asp?defendantcount=1&courtcode=X&casenumber=FWV032611&defnbr=494376&defseq=1&otnmseq=0&defendantcount=1&dsn=&casedefendants=ON&statussummary=ON&charges=ON&probation=ON&relatedcases=ON&alldisposedcases=ON&actions=ON&fineinfo=ON&Submit=Format+the+Report
And the link for a full report of the entire case #FWV032421
http://170.164.31.10/openaccess/CRIMINAL/criminalcasereport.asp?defendantcount=1&courtcode=X&casenumber=FWV032421&defnbr=494376&defseq=1&otnmseq=0&defendantcount=1&dsn=&casedefendants=ON&statussummary=ON&charges=ON&probation=ON&relatedcases=ON&alldisposedcases=ON&actions=ON&fineinfo=ON&Submit=Format+the+Report
Hey NODUMMY, your investigative skills are admirable! I wonder if you could figure out who Chozan Behn's Parole Officer is ... I imagine he might be interested to find out, even anonymously, what Mr. Behn has really been up to (considering his prior fraud convictions and all) ...
It obvious there could be a connection of degenerate characters associated with Petro Fleecing; any information that bring to light dirty connections should more than allowed.
Harley
puthimaway Sunday, November 14, 2010 3:18:22 AM
Re: nodummy post# 11808 Post #11811 of 11815
I don't think it is a coincidence at all.
Greene is going down soon just like BL is. One of their crooked friends, Robert Andrew, has been in jail since May awaiting trial in Jan. 2011. Among other things, he practiced law without a license and swindled a family member out of $250K. He made a trust for her and then cleaned it out.
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And this all has to do with PTRZ how? If there is a post on this board that answers that, please provide.
TIA
I found some connections between Andrews and Greene and Langenbach.
Robert Andrew was the statutory agent on a business entity run by Kris Greene
FLORENCE ACRES, LLC
http://starpas.azcc.gov/scripts/cgiip.exe/WService=wsbroker1/corp-detail.p?name-id=L14356969
And these three for Brian Langenbach:
HOLDIDAY ROAD HOLDINGS, LLC
http://starpas.azcc.gov/scripts/cgiip.exe/WService=wsbroker1/corp-detail.p?name-id=L13884043
HOLDIDAY ROAD HOLDINGS II, LLC
http://starpas.azcc.gov/scripts/cgiip.exe/WService=wsbroker1/corp-detail.p?name-id=L13884054
LA PAZ WHITE DEER HOLDINGS, LLC
http://starpas.azcc.gov/scripts/cgiip.exe/WService=wsbroker1/names-detail.p?name-id=L13884032&type=CORPORATION
Brian Langenbach acted as the statutory agent for Kris Greene for these two:
TERRA FLORENCE, LLC
http://starpas.azcc.gov/scripts/cgiip.exe/WService=wsbroker1/corp-detail.p?name-id=L14660427
FLORENCE RANCHES, LLC
http://starpas.azcc.gov/scripts/cgiip.exe/WService=wsbroker1/corp-detail.p?name-id=L14660438
You start to see how they might all be connected.
Do you know the name Larry Martinie at all?
You definitely seem to be on top of this band of criminals.
State Bar Files Complaint Against Fraudulent "Attorney"
PHOENIX - The State Bar of Arizona has filed a formal complaint - to cease and desist - with the Superior Court of Arizona against Robert J. Andrew for the unauthorized practice of law.
Upon completing its investigation, the Unauthorized Practice of Law Counsel of the State Bar of Arizona found that Robert J. Andrew engaged in the unauthorized practice of law by offering legal services under the auspices of Courthouse America Corporation and People’s Courthouse, among others. The complaint states that at all times, Andrew was aware that he was not authorized to practice law in Arizona but had conducted business as an "attorney," "attorney at law," and "lawyer," to name a few.
Several consumer complaints led to the State Bar filing eight counts of unauthorized practice of law and petition for cease and desist order against Andrew. The counts allege that he represented victims in divorce, foreclosure and other civil lawsuits, as well as prepared legal documentation for limited liability corporations and wills and trusts. In each count, victims stated that Andrew identified himself as a legitimate law practitioner, accepted payment for future services and services rendered, and prepared legal documentation.
In a case unrelated to the State Bar's complaint, Andrew was recently charged with a Class 2 Felony Theft. The criminal complaint accuses Andrew of knowingly controlling and spending trust funds of a victim whom he represented. The number of victims that secured Andrew's services is unknown. Andrew is currently incarcerated in a Maricopa County jail.
If you find any connections between them and Petro America Corp (besides what we already know about Brian Langenbach) please let me know.
I hope you are right about the law catching up with each of them.
I don't think it is a coincidence at all.
Greene is going down soon just like BL is. One of their crooked friends, Robert Andrew, has been in jail since May awaiting trial in Jan. 2011. Among other things, he practiced law without a license and swindled a family member out of $250K. He made a trust for her and then cleaned it out.
Only Langenbach claimed to me he owned it.
Yep, down 96% from the all-time high; what a smooth operation you have here on the grey sheets.
Harley
Yeah it is odd about the David Greene coincidence. Just a coincidence though. I found some more recent court cases from 2009 from out of Pima County:
http://www.agave.cosc.pima.gov/PublicDocs
You have to follow that link and do a search using his name.
http://www.agave.cosc.pima.gov/PublicDocs/GetImage.aspx?ID=13267528
The information available online is very limited. If you live near the Lima County Court House you could visit there and get full access to all the court files for these cases which would include a much more recent address for Greene.
And yes they did make that decision a while ago and drafted up a recommendation for a Final Order back on Oct. 21st after the 30 days for the Langenbachs to reply had passed, but it wasn't signed into a final order until the open Securities meeting session on Nov. 4th. After the information was published on their website on Nov. 8th the information was released to the media and you started seeing lots of newspaper articles about it.
Funny that he would be involved with two people named Dave Greene. Maybe the "lawyer" in Co. is really Greene from AZ impersonating a lawyer.
The Comm. made their final decision long before last Thursday.
It was such a legitimate company, that not ONE single Market Maker, Brokerage house, or financial institution has even looked them as a serious company for almost three years. I guess the the ENTIRE WORLD INVESTMENT COMMUNITY is nothing but a bunch of morons and YOU got it right...I say no sir; quite the opposite. A bunch of dreamers got conned, some woke up, and some are still stuck in la-la land. This will never EVER trade, EVER. Petro Kansas wil never trade legally. Continue to believe, but as I have said for almost two years, this is a con, now the truth is told. Wait for the court process to begin, then you will see the true extent of this nonsense, and see how stupid Owen truly is. I've got my popcorn for round two; the first round was exactly as predicted by the "naysayers"; while the dreamers can wipe their arse with those illegal and useless certs, and at least put them to use.
Harley
I'm not the one that wrote that complaint that is just something I found online.
I found the case on file with Maricopa County. It was from 1999. So yeah that's an old address. Others named in the lawsuit besides David Greene were Chris Greene (female) and Joanne and Farris Dunlap.
http://www.superiorcourt.maricopa.gov/docket/
I'd be happy to try to help you locate a newer address or more current information on this Grene guy if you like. I'll send you a private message with my email address and that way I can share information in private since this is off-topic for this forum unless you know of some way that Greene was involved with Petro America Corp.
Well i understand that, but even if we were lied to you know it sounds to good to be true but you bought into it any way, i didnt want to buy shares at first but i did, i dont know owen personaly but i know ppl that do so i bought in hope that someone wouldnt be dumb ehough to comit fruad after all the ppl that have been cought and went to jail. The govenment has been on petros ass for a while and every one has had a chance to get out. Of corse hes going to be investagted if petro was to become the 2nd largest company in the US it dosnt suprise me one bit, the government and media are ran by a bunch of liberal socialist that dont want us to succeed im not giving up hope till the fat lady sings and i hope every one here makes a crap load of money if it dose go public.
Yeah that is Greene. How old is the address you have? I know a different one from 2008.
Your 1999 lawsuit is sort of old, don't you think? Still waiting for a summary judgment? Something wrong with that. The courts don't keep a case on the record that long. I have to check my records because I think I found your case on the docket sometime ago and couldn't contact you. Even contacted your lawyer, Cates, if you are the guy I think you are. He hadn't spoken to you in years.
How old is this Don Barrett guy? Did he live in Mexico for awhile?
Why did he offer you money if you never put any in?
You must have or wouldn't be suing him.
Suing him a waste of time, money and effort. You will not recover anything.
He is currently being investigated by so many agencies that he will go away for a long time. So will his wife and daughter. He implicates them and uses them as a shield. He is a partner of Langenbach.
They are all going down rapidly.
You've missed the point, it's not about loosing money in an investment...it's about being conned and stolen from....maybe you don't mind the theft, but others do.
Time will tell as all of truth comes out.
Yeah it was mentioned in the affidavit as a mine that Petro America Corp claimed to own.
From the affidavit:
Petro America issued a press release claiming PTRZ (which is Petro America Delaware) had acquired a 24% interest in an unnamed Arizona gold mine (later determined to be the Alvarado Mine in Congress, Arizona). According to the release, Petro America “hopes” its interest is worth more than $300 million. (June 2009). Michael Payne, the principle scientist for a company called WM Engineering, purportedly determined the value. Matt Shumaker, the Chief Mineral Examiner with the U.S. Department of Interior, Bureau of Land Management, determined that Payne was not licensed or registered to practice geology or mining in Arizona. Shumaker determined that Payne’s report misuses terminology and is missing appendices. Shumaker does not believe Payne has the qualifications to make determinations regarding the mine’s value. According to Shumaker, the report filed by Payne is of insufficient quality and content to establish reserves or resources and does not even qualify as exploration information.
What all do you know about Langenbach or anybody else from Petro America Corp claiming to have ownership in the Alvarado mine?
Ok then this Jerry David Greene you speak of has never been mentioned in regards to Petro America Corp that I know of.
Found this:
(B) The second crook is even more sleazy than Bazzoli, a Dave Greene (originally from Georgia, amusingly). After I got rid of Bazzoli on the building project, I brought in what I thought was a friend -- Dave Greene. Last known address is 1340 Bonito Ct. in Gilbert, AZ, 85223.
Greene basically did the same thing to me as Bazzoli did (shame on me). Greene conned too much money out of me. (More loans from family.) $113,000 to him and a plumber friend of his. For $113,000 we got about 30 to 40 thousand dollars worth of work done.
Greene lied in many ways. For example, when I told him we needed a registered contractor for the job, Greene brought in a "Don Barrett" (whom I believe was also conned by Greene) and represented Barrett as the registered contractor for the job. After I figured out Greene was a thief and a liar, I called up Barrett to inform him about the problem. Barrett told me he was brought in by Greene as a consultant, not a contractor.....fraud on Greene's part.
Greene's lies and fraud are too voluminous to mention here. If you wish, I'd be delighted to show you his written conflicting statements or "lies." Some real "whoppers."
Greene no doubt put the bulk of the monies given him into a pyramid scheme called "Friends Helping Friends" which is illegal and constitutes racketeering. How do I know this? After a point, the pyramid scheme was all Greene would talk about. It was his new "toy." Greene even told me he had a $12,000 gift each for me and my dad from said pyramid scheme......."Hmmm" I thought. I never put any money into his pyarmid scheme. Why is Greene offering me monies from said pyramid scheme?Hmmm. (No $12,000 gifts, of course.) Since then I know of one other
individual, a Tony Muir, who told me he lost $3,000 to Greene's pyramid scheme.
Like Bazzoli before him, Greene also has a "gimmick" -- a fuel additive called "Clean Air 2000" (see copies of contracts.) which does reduce emissions
as Greene claims. However, as someone pointed out to me: "Alcohol put into your gas tank will do the same." As a matter of fact, I realized later that Greene at one point only marketed his fuel additive overseas (where
he couldn't be easily prosecuted for fraud). At one point when I believed in Greene, I took it upon myself to try to promote his "Clean Air 2000" fuel additive locally. I wrote to local TV news stations about it. When I proudly told Greene of this, Greene told me in no uncertain terms "not to do any more of that." Hmmm, I thought. Now I know why. His clean air product is fraud
--- little more than alcohol.
Currently, I am suing Greene in Maricopa County Superior Court (with funds from my dad). Case No. CV1999-91028. The lawyer thinks we will get a Summary Judgement due to Greene's "weak arguments." However, collecting is another matter. Greene is a predator and "slippery."
Other companies Green and his family own are:
(A) "Engineered Lubricants Services" of 431 S.Stapley, Mesa, AZ 85204
(B) "C & B Properties" P.O. Box 40811, Mesa, AZ 85274
("C & B" means, by the way, "Crash and Burn".......Cute, huh?)
In reviewing the examples of how these scams and con men work.....they seem to have a "gimmick" or "hot new invention" ---to get your interest. They get as much money as they can as quickly as possible; they do about 1/4 to 1/3 of the work promised, and drag the ordeal out as long as possible with lies and more lies. They "know the system."
One thing I've learned is you don't do business here in Arizona.....not until certain policies or realities in our government
change. The government here, by turning a blind eye to these con men, is in part responsible.
Thank you for reading what turned out to be a rather lengthy letter. Please let me know if I can help in any way.
http://www.ripoffreport.com/con-artists/reno-bazzoli-and-jer/arizona-con-men-reno-bazzoli-a-fz99a.htm
That must be your guy.
Alvarado Goldmine in AZ.? Has anyone heard of it?
Langenbach was busy lying about it.
That's great that you don't care if you get scammed or not. Glad to hear that you will have no problem moving on. Other people don't appreciate getting scammed or lied to. Some people lost a lot more than a $100 in this investment and have good reason to be upset. Different people are entitled to feel differently about the same situation. Just as you are entitled to not care about being a scam or not. As far as being obligated to support something to the end just because you started out supporting it. I think people are entitled to change their minds about what they support especially if that thing turns out to be different than they were led to believe.
iv been following the hand full of whiners here for a while and i dont under stand why there upset, i have money invested in petro and im not worried, but i know more about whats going on than the ppl here, and was wondering where ppl are geting their info from? the kansas city tabloid? out of 12000 ppl there are a few ppl trashing petro without knowing any facts and are depending on the "media" for info, if you had any relavant stake in the company than u should be supporting it to the end, its seams like to me a few of the ppl here are the one that are scared their going to lose their 100 bucks. your investing, if you cant handle loseing money then stay out of it! you shouldnt be investing money you cant stand to lose. if it is a scam ill cut my loses and move on
Yes, but they closed green.....oh, I mean, they closed "GREEN"...LOL...
it's kind of amazing how they even have any sells and buys on this empty shell
wow. Did not realize PTRZ down to .01. EOM
dhrr06, yellowbird/ sing like a canary = apropos. EOM
Johnny's in this for Johnny....everything about him is deception...hope he's in a cell next to Owens's! Yes, he sings like a canary....perhaps, a YELLOW bird....
No problem. Regarding money Johnny received from the affidavit:
84. On July 27, 2009, Money Investment, Inc. received a $14,000 check from Windsong Ventures for “flight reimbursement.” On August 20, 2009, Money Trust Company received a $100,000 wire that was sent to another Johnny Heurung entity from Windsong Ventures. An additional $38,600 in wires to Money Investment Inc. occurred between August 13, 2009 and January 19, 2010 with memos such as “our company car,” “Merry Christmas,” and “Happy New Year.”
The IRS seized $138,600.00 IN UNITED STATES CURRENCY FROM ACCOUNT NUMBER 100260463 IN THE NAME OF JOHN F. HEURUNG AND JOSEPHINE A. HEURUNG AT HOME SAVINGS OF AMERICA, LITTLE FALLS, MINNESOTA
There is no doubt that Johnny made some money from all the other programs he sold to PAC investors too, but that isn't mentioned in the affidavit.
Both Johnny and Teresa took trips overseas. It's already been verified in the affidavit that Teresa deposited some money in a bank account in Lichtenstein. Johnny said in the affidavit that she also hid money in Austria and Panama. Don't forget Teresa took a trip to Switzerland (which is right next to Lichtenstein) where she bought that expensive designer luggage. I wouldn't be surprised at all if Johnny also put money in overseas bank accounts. He's taken trips to Panama too. He had several little business arrangements going on in Panama.
Finding money deposited in bank accounts in other countries isn't always easy to do, but hopefully they figure out where the missing $3.9 million went and we get the details about who embezzled that money and where it ended up.
If you get the time read the entire affidavit. It's interesting stuff and hopefully just the tip of the ice berg as far as detailed information about who was involved in this scam and what their true roles were.
Link to full affidavit:
http://media.kansascity.com/smedia/2010/10/22/22/Affidavit.source.prod_affiliate.81.pdf
Thanks for posting all of this.
Doesn't it seem funny though, that Johnny went "overseas" not too long ago, or so he said, to line up his banking for the investors in Petro and he talked about strips and coupons and how that would come into play....so many things about Johnny don't sound right.
He always stated on his calls that he was not getting paid, but would get something when Petro went public....so why was he given money for his expenses???? Sounds so fishy to me. So many unanswered questions.
Have you read the affidavit? Johnny sang like a canary. Obviously trying to protect himself as much as possible. Remember all those trips to Washington D.C. he talked about on his calls and how he was going to fix things, etc. Well him ratting out others involved was what he was talking about. There is no doubt he knew all along about the lies and went along with it.
Here are some more examples from the affidavit:
31. During an interview in September 2010, Johnny Heurung told agents he has witnessed Brown giving Hawkins envelopes full of cash. Heurung did not know why this was happening. Heurung volunteered that he always wired his funds to Brown so there would be a paper trail.
86. During a May 20, 2010 interview with federal agents, Heurung stated that he does not have a college degree. He said his role in Petro was to help obtain the surveys and geologist reports. Brown paid him for this work. Heurung said he arranged for the mining reports and Brown would pay for them. Brown also paid Heurung for expenses.
87. During a September 9, 2010 interview with federal agents, Heurung stated that he has brought 24 mines to Petro. Heurung claimed the 24 mines had excellent geological reports that were less than a year old and had all of the Geologist Certifications. Heurung stated he eliminated many mines that had a lot of “bogus paper” (old geological reports) and mines that were not good. Hawkins also brought some mines into Petro. Heurung said that Hawkins wants him to bring in more mines to bring up Petro’s value. Heurung believes it will take $1 billion to get the mines running.
89. Heurung explained how he first became involved with Petro. On October 13, 2008, Teresa Brown approached him while he was in Florida doing his radio show because Heurung had experience with mines and oil and she knew he could bring in good assets. Heurung stated he now has the largest voting block of shares in Petro and has turned down three “coups” already of shareholders trying to get rid of Hawkins. Despite this support, Heurung does not believe Hawkins is qualified to run a billion-dollar corporation.
90. Heurung said Brown rewrote all of the mining contracts in April 2010, and placed her name on them, removing Heurung’s. Heurung was supposed to get Petro shares for bringing in the mines, but Brown stopped giving him shares, so he stopped bringing in mines. He asked for an accounting of his shares from Brown, but never received it. He said he is short 300 million shares and he feels that Brown was taking his shares for herself. Heurung claims Brown still owes him $20,000 to $40,000.
91. Hawkins recently told Heurung that $3.9 million is missing from Petro and he blames Brown. Heurung believes that both Brown and Hawkins have embezzled from Petro. Heurung says he cannot prove this but he knows it has happened. Heurung believes Hawkins is trying to blame Brown. During a recent conversation, Hawkins asked Heurung to refrain from talking about Brown.
92. Heurung also alleges that in February and March 2010, Brian Langenbach and David Greene, an attorney from Colorado, reprinted 3.9 million bogus Petro shares. Heurung said that Greene went to the printer in Kansas City that Petro used and said Hawkins had given him permission to print the shares. Greene called Heurung and asked if he wanted some of the shares, and Heurung refused. Heurung said Greene is selling the shares for 10 to 20 cents a share. Greene wanted Heurung to draft a backdated letter stating the shares were legitimate. Heurung said he refused.
93. Heurung stated that Hawkins asked him to hold the weekly calls. Heurung said any information he gives on the weekly calls regarding Petro all comes from Hawkins.
94. Heurung stated he has never seen Petro’s financials but he has asked Hawkins for them a dozen times. Heurung said he has never seen a business report or a checking account. Hawkins told Heurung that he is not giving any financials until they are put together and are right. Heurung has asked Hawkins to send him the records and he would have the financials put together. Hawkins has not sent any documents to Heurung.
95. Heurung said he made a mistake by not taking his own company public, and instead getting involved with Petro. He wants to pull his mines back but he has brought investors into Petro and does not want to abandon them.
117. On September 9, 2010, Heurung told federal agents that Hawkins gave Brown 150 million shares of Petro stock to sell for Petro. Heurung did not know how Hawkins was able to transfer the shares into Brown’s name. All of the money for purchased shares of Petro stock went through Brown. Heurung claimed he forwarded all money he received for selling Petro shares to Brown. Heurung said Brown told him that the money from the stock sales was needed for accounting, Transfer Agents, mine development expenses (updated appraisals and reports) and to pay business expenses. Brown did not tell Heurung she would be taking any of the money for herself.
101. Johnny Heurung told federal agents that Hawkins told him that Petro’s stock offering was not going forward because of the accounting procedures. According to Heurung, the last accountant Hawkins hired for Petro was out of Atlanta. Heurung believed that accountant put the value of Petro at $284 billion.
133. During the September 9, 2010 interview with federal agents, Heurung stated that during a meeting in Tucson with Brown, Heurung saw Brown purchase $60,000 in jewelry. When confronted on the source of the money, Brown said it was from her husband’s estate (which Heurung suspected was false because he knew her husband was a recently-released felon). Heurung stated Brown also has new items in her house and buys expensive handbags and clothes. Heurung claims Brown has money in Lichtenstein, Austria and Panama. According to Heurung, Brown called Hawkins two weeks after the search warrant at her residence and said the Feds did not get all of her funds.
148. Johhny Heurung said Larry Contier is selling Petro shares and was telling Heurung’s clients that he (Contier) was taking $100 of every $1,000 received for shares sold. Heurung said he called Contier and chewed him out and said what he was doing was illegal. After this he and Brown had a falling out because Brown said Heurung cannot talk to her people like that.
Well, well, well......Johnny tells all. Amazing though, he held calls right after Owens and would state all is well, looking good, we have more gold mines, blah, blah, blah. Oh, and come to Panama and buy a condo with your shares. Yeah, he knew what it was all about...he is just trying to distance himself...he will get caught, he had too many things that he did as well.
He also said he had met with Owen at headquarters a few times and had seen all the paperwork...amazing Johnny. SHAME ON YOU!
Just looks like he is trying to be Mr. Good Guy now...NO, Johnny, it doesn't work that way!
David Jerome Greene the attorney from Colorado?
From affidavit re: David Greene:
92. Heurung also alleges that in February and March 2010, Brian Langenbach and David Greene, an attorney from Colorado, reprinted 3.9 million bogus Petro shares. Heurung said that Greene went to the printer in Kansas City that Petro used and said Hawkins had given him permission to print the shares. Greene called Heurung and asked if he wanted some of the shares, and Heurung refused. Heurung said Greene is selling the shares for 10 to 20 cents a share. Greene wanted Heurung to draft a backdated letter stating the shares were legitimate. Heurung said he refused.
155. Of the $459,530 received from the sale of the shares, $105,000 was remitted to Brown, $118,000 was used by Langenbach to pay off existing business obligations, $118,000 was remitted to David Greene, a business partner of Langenbach. The remaining $118,000 was distributed to various individuals whom Langenbach believed to be in need of financial assistance.
David J. Greene
4465 Kipling Street
Suite 301
Wheat Ridge, Colorado 80033
Phone: 303-422-3937
Fax: 303-421-4309
Attorney Registration Number 08994
Admission Date: 09/29/1978
http://www.coloradosupremecourt.com/Search/Attdet.asp?Reg=8994
http://www.avvo.com/attorneys/80033-co-david-greene-1385765.html
People v. Greene, No. 02PDJ037. 6.13.02 Attorney Regulation. The Presiding Disciplinary Judge approved the parties’ Conditional Admission of Misconduct and suspended Respondent David J. Greene, attorney registration number 08994, from the practice of law for nine months all stayed upon successful completion of a two-year period of probation subject to conditions. In one matter, respondent failed to maintain funds subject to a Medicaid lien in a separate account, and in another matter, respondent tendered funds to the client which were due a provider and were subject to the provider’s lien in violation of Colo. RPC 1.15(a) and (b). Respondent was ordered to pay the costs of the disciplinary proceeding.
http://www.coloradosupremecourt.com/PDJ/ConditionalAdmissions/Greene,No.02PDJ037,6.13.02,CA.PDF
By the way I don't think the Langenbach's were arrested. What happened is on Thursday the Final Order was signed by the Arizona Corporations Commission:
http://images.edocket.azcc.gov/docketpdf/0000119336.pdf
http://www.azcentral.com/12news/news/articles/2010/11/09/20101109mesa-business-arizona-corporate-commission1109.html
http://www.mercurynews.com/news/ci_16566675
http://economy.kansascity.com/?q=node/8855
The Order does not preclude the commission from referring this matter to any government agencies for administrative, civil, or criminal proceedings. Nor does it preclude any other agency or officer of the state of Arizona or subdivisions from instituting administrative, civil, or criminal proceedings.
So it is possible they could face further legal issues from all of this in the future.
Who wanted the prayer chain? One of Langenbach's partners claims to be holier than thou. Jerry Dave Greene. He's as crooked as the rest of them. Heard of him?
Someone told me a little while ago that someone heard on the radio that Langnebach and his wife were arrested today. I can't confirm that yet.
If you bought Petro America shares from Brian Langenbach, you can e-mail securitiesdiv@azcc.gov for restitution per:
http://economy.kansascity.com/?q=node/8855
Wonder when this will get down to a 1/10th. of a cent....at the rate it's dropping...????
No price updates lately?
Harley
Not sure which "Master Plan" you are talking about?
This is the aswd/ptrz board you may want to bring your self up to speed by going over to the Petro America Corp Kansas board. A good place to start reading is this post:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=55867779
The Ibox is very informative also!
The koolaid johnny and joy and tion moreland are serving on either board is so diluted its not fit to drink!
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http://www.petroamericacorp.com/
FOR SEC FILINGS:
http://www.sec.gov/cgi-bin/browse-edgar?company=&CIK=0001122771&filenum=&State=&SIC=&owner=include&action=getcompany
http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001447994&owner=exclude&count=40
________________________________________________________________________________________________________________________________
NEWS RELEASE
OFFICE OF THE UNITED STATES ATTORNEY
WESTERN DISTRICT OF MISSOURI
BETH PHILLIPS
Contact Don Ledford, Public Affairs ? (816) 426-4220 ? 400 East Ninth Street, Room 5510 ? Kansas City, MO 64106
www.justice.gov/usao/mow/index.html
OCTOBER 27, 2010
FOR IMMEDIATE RELEASE
KCK MAN CHARGED IN $7.2 MILLION FRAUD SCHEME THAT TARGETED THOUSANDS OF INVESTORS NATIONWIDE
KANSAS CITY, Mo. – Beth Phillips, United States Attorney for the Western District of Missouri, announced today that a Kansas City, Kan., man has been charged in federal court for his role in a $7.2 million securities fraud scheme that victimized thousands of investors across the United States.
“A federal criminal complaint alleges that Petro America was an empty facade of a business run by deception and false promises,” Phillips said. “Petro’s founder is charged with defrauding unwary investors by selling them worthless stock in order to support his lavish lifestyle.”
Isreal Owen Hawkins, 55, of Kansas City, Kan., was charged in a two-count criminal complaint filed in the U.S. District Court in Kansas City, Mo. Hawkins is the president and CEO of Petro America Corporation. A related civil forfeiture was filed against Petro America on Friday, Oct. 22, 2010.
The criminal complaint charges Hawkins with securities fraud and with structuring financial transactions in order to evade federal reporting requirements. Hawkins founded Petro America, which bills itself as a holding company for crude oil and gold mines (among other claimed assets) in 2007.
Count One: Securities Fraud
According to an affidavit filed in support of the criminal complaint, Hawkins began selling shares of unregistered stock to investors in 2008. At the time, the affidavit says, Petro America had no oil, no realistic prospects for obtaining, transporting or storing large amounts of oil, no significant assets, no revenue and no other employees. The government is aware of no evidence that Petro America has seriously pursued any opportunities to acquire oil fields or conducted oil trading operations. Nevertheless, the affidavit says, Hawkins and others have touted excellent prospects for Petro’s rapid growth in the oil industry.
According to the affidavit, more than 9,000 victims have invested in excess of $7.2 million since August 2008, but instead of using that revenue for legitimate business-related purposes, Hawkins and his co-conspirators allegedly withdrew investors’ funds from Petro America’s bank accounts in cash, which they spent on personal expenditures such as a house by the lake, luxury cars, a $5,700 fur coat, a $37,000 boat, a $5,200 piece of Louis Vuitton luggage purchased in Switzerland, expensive jewelry and travel.
Hawkins, the only full-time employee of Petro America, paid himself an annual salary of $595,000 under a contract that also granted him a $175,000 bonus, 500 million shares that are immediately exercisable, a company car, a company apartment in Missouri, and a dining card. Hawkins drew his salary in cash, in random amounts at inconsistent times, and the company did not withhold taxes.
Conspirators often recruited investors through churches and used religious language in their pitches, the affidavit says, including promoting Petro America as a once-in-a-lifetime opportunity to “share the blessing.” Petro America cultivated a relationship with the African American Ministers Alliance Group, the affidavit says, and according to its records made large payments to multiple Kansas City-area pastors, religious leaders and a local civil rights activist.
Investors lost from $100 to $100,000 each. Initially, many of the investors were drawn into the scheme with the promise that $100 would buy 100,000 shares of Petro America stock, the affidavit says, which Hawkins claimed was “book valued” at $2 per share. As the scheme progressed, conspirators raised the price to invest and claimed an ever-higher “book value” for the shares. The affidavit alleges that this allowed conspirators to unload shares to new investors at an increasing profit. To date, the affidavit says, the stock has never been properly registered or listed on any exchange.
Hawkins allegedly promised “meteoric returns” on investments. At the height of the scheme, the affidavit says, up to $700,000 flooded into the company each month.
Hawkins claimed that Petro America would be “the first African-American holding oil company to go public in the United States,” according to the affidavit. Investors were frequently told that they would be rich when the company “goes public.” Going public, the conspirators allegedly have said for over two years, is just weeks away. In reality, the affidavit says, the company has no significant assets or revenue stream (other than investor proceeds).
Alleged False Claims
Today’s affidavit alleges that Hawkins and co-conspirators provided materially false information to investors. For example, Petro America’s Web site includes a prominent photograph of the luxury office building at Two Pershing Square, ostensibly Petro’s “world corporate headquarters.” In reality, the affidavit says, Hawkins contracts with Regus Management Group LLC, a secretarial service that provides such services as telephone answering, fax and mail handling, use of the address and 16 hours of office usage for an initial monthly fee of $225.
According to the affidavit, conspirators have touted Petro America acquisitions in gold and rock mines as valuable holdings worth hundreds of billions of dollars. In reality, the affidavit says, Petro America’s interests in the gold and rock mines are essentially worthless. Petro America allegedly adopts wildly high valuations for the mines, most or all of which are not producing anything. Many or all of the mines are not actually mines at all, but mining claims. A mining claim is merely a plot of government-owned land upon which a person or corporation has filed a claim of rights to a mineral deposit, which may or may not actually exist.
Based on these representations, Hawkins and others claim that Petro’s assets are worth more than $284 billion. According to the affidavit, if this valuation were accurate, Petro America would be the second-largest company in the United States by market capitalization, larger than Wal-Mart, Apple or Microsoft. America’s largest company is Exxon Mobil, which has a market capitalization of $312.28 billion.
Count Two: Structuring Financial Transactions
Under federal law, banks are required to file Currency Transaction Reports for financial transactions that exceed $10,000 in one day. It is illegal to conduct multiple cash withdrawals in amounts less than $10,000 for the purpose of evading that federal reporting requirement.
The affidavit alleges that Hawkins and others made large cash withdrawals from Petro America’s bank accounts, which were structured to avoid bank reporting laws. For example, according to the affidavit, Hawkins and an unidentified co-conspirator visited Mazuma Credit Union several times each week. Sometimes they made big deposits of multiple checks into the company’s bank account; on most visits, the affidavit says, they withdrew $7,500 to $9,800, often on consecutive days. In this manner, Hawkins obtained at least $537,515 in cash from Petro’s account at Mazuma. The affidavit also alleges that Hawkins structured currency withdrawals out of Petro America accounts at U.S. Bank and Bank of America.
Web Site Support For Fraud Victims
Two Web sites have been established to collect information from the victims of the alleged securities fraud scheme and to provide updated information about the status of the case. Investors of Petro America are encouraged to provide information via an online form at http://www.postalinspectorsurvey.com/PetroAmerica Due to the volume of expected responses, this process has been automated and placed online; all communication from potential victims regarding the case should be made via this Web site. Updates about the status of the case will be posted at http://www.justice.gov/usao/mow/petro.html
Phillips cautioned that the charges contained in this complaint are simply accusations, and not evidence of guilt. Evidence supporting the charges must be presented to a federal trial jury, whose duty is to determine guilt or innocence.
This case is being prosecuted by Assistant U.S. Attorney Daniel M. Nelson. It was investigated by IRS-Criminal Investigation, the U.S. Postal Inspection Service and the Office of the Missouri Securities Commissioner.
****************
This news release, as well as additional information about the office of the United States Attorney for the Western District of Missouri, is available on-line at
http://www.justice.gov/usao/mow/index.html
Copies of the Affidavit and Complaint filed by the U.S. Attorney's Office against Petro America Corp:
http://media.kansascity.com/smedia/2010/10/22/22/Affidavit.source.prod_affiliate.81.pdf
http://media.kansascity.com/smedia/2010/10/22/22/Complaint.source.prod_affiliate.81.pdf
Federal prosecutors have set up two websites for victims of the alleged scheme.
39 page criminal complaint against Owen Hawkins:
http://media.kansascity.com/smedia/2010/10/27/19/hawkins_complaint__1_.source.prod_affiliate.81.pdf
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