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Re: op9171787 post# 158564

Sunday, 08/19/2018 1:45:14 PM

Sunday, August 19, 2018 1:45:14 PM

Post# of 159753

Did the DTC commit any wrongdoing here



The DTC cleared counterfeit shares when they were in possession of legitimate shares that did not match. They returned the counterfeit shares instead of turning those shares over to the proper authorities. They later tried to claim they could cover all 328 Million shares in the market, when in fact, they only had 244 Million after they whacked Megas.

Did the brokers?



Brokers are immune to third party fraud. The only reason they were fighting arbitrations is because the DTC lied to the brokers. The DTC actually owes brokerages money to reimburse legal fees.

NOT the value of the bcit shell



Law dictates that your loss is based on actual loss, not potential loss. Your actual loss is what you paid and you are entitled to interest penalties. That's it. When you have two hamsters running a scam shell corporation, you are lucky to even receive a profit, let alone just recouping your initial investment.
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