Conversion Solutions Holdings (fka CSHD)

[Investorman]

Waatle had one asset, according to the Securities and Exchange Commission - a purported $170 million bond backed by phony real estate liens.

RPH seems to milk the same scam over and over.


"As it turns out, it looks like none of that was a legitimate enterprise," Brittain said.

Woods helped form Atlewa Trust in July 2004 with two of his longtime business partners - Harris and Ancil Garvin, a former Myrtle Beach resident.

The three men had been involved in a series of business failures, some of which led to federal lawsuits, before they teamed up to form Atlewa.