Re the certs sent to the Foundation w/ a medallion guarantee -
Mike and/or Pedro are turning them over to their relatives,
or have their hands on them themselves, and have deposited them
with UBSS, and UBSS took them no questions asked (the ostrich
defense) and has happily agreed to dump them for cheap?
Is that the way UBSS typically operates, as a laundry for
stock certs? UBSS isn't required to perform any degree of
verification, that they aren't dealing stolen property to
the public?
Even if Mike and Pedro are as dirty as you say they are,
UBSS is readily complicit with them? [I've never dealt
with stock certs, so I don't know. Is it really that
easy to trade in stolen stock certs, once you get them?]