Bancorp International Group Inc (fka BCIT)

[Chas56789]

You gotta love this ! Hearing is set for today with Mrs Schapiro !

fyi
Chas56789

http://camrhon.proboards.com/index.cgi?action=display&board=safe&thread=5619

Received this letter from Senator Grassley to Mrs SHAPIRO :

July 10, 2009
Via Electronic Transmission

The Honorable Mary L. Schapiro
Chairwoman
U.S. Securities and Exchange Commission
100 F Street, NE
Washington, D.C. 20549

Dear Chairwoman Schapiro:

As the Ranking Member of the Committee on Finance and a senior member of the United States Senate, I write to you today in reference to a series of complaints that my office received regarding an alleged fraud perpetrated against a private company, which allegedly resulted in financial hardship to numerous private investors. According to the complaints received, in February 2005, several individuals illegally assumed the corporate ident

There are several issues that the complainants brought to my attention regarding this fraud. Accordingly, I request that my Committee Staff be provided with information and/or a briefing regarding the allegations set forth in the letter. Please have your staff contact Brian Downey of my staff at [phone], no later than July 27, 2009 to make arrangements to discuss this matter. I request that the SEC be prepared at a minimum to add

1. To date has any of the judgment been collected from Mr. Pino? If not, what efforts have been made to collect the monies owed? If so, what efforts have been made to provide restitution to the fraud victims?

2. The victims claim that the SEC has cleared BCIT (Energy Source, Inc.) to trade again; is this statement accurate? If not, what is the SEC’s position regarding BCIT?

3. Was a companion criminal investigation initiated by another other federal agency against Mr. Pino for the corporate identity theft?

Thank you for your attention to this important matter. We look forward to your cooperation in this matter and if you have any questions or concerns, please feel free to contact Kyle Burns or Jason Foster of my Committee Staff at [phone]. All formal correspondence should be sent electronically in PDF format to [e-mail] or via facsimile to [phone].

Sincerely,
Charles E. Grassley
Ranking Member