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Re: ib12u post# 83132

Friday, 02/02/2018 11:51:27 AM

Friday, February 02, 2018 11:51:27 AM

Post# of 92766
Lol I have to agree with this.. he did loot money from investors in an articulate and structured fashion. Selling off stock on the way down in ltnc, picking billions up in the trips of which we can only assume he is dumping as he went dark, using proceeds from loans and revenues to pay millions in salary/bonuses/perks (home lease $6k/m) to himself over the years (many of those bonuses in the six figures made from branch sales) while never turning a profit... only to then come over to afpw and do roughly the same gimmick, yet some fell for it all over again. All this he utilized social media pumps to boost interest and assist him in getting toxic loans to perpetuate his embezzlement (whatever happened to the recent toxic loan he took at afpw by the way, how was it used?).

Long story short, well put ib12u, he made millions off investors while NEVER pulling a profit with any of his companies and is still a free man. Smarter than we give him credit but still a scum bag.