Well if you believe Newton from those EZEEE days and a couple reports from first hand witnesses to the operation they had 10-12 people working the phones for months and raking in the biz. It is those toxic business dealings which are under investigation and no doubt litigation to follow from those who paid and got esssentially nothing but promises. I notice the Calif. Bar Assoc. suspended approximately 15 attorneys in the LA area in the past month for being involved in such debt solution activities.
I think the fall out will follow Newton for months-years ahead
unless they make restitution somehow. Bragaging about collecting up to $3,000+ up- front from distressed consumers is what has the
various Atty Generals in the US pretty upset and in particular
California and Florida. I noticed that 3 of the suspended attys last month were banned for life and had controlled in one way or another as many as 30 of the EZZEEE Debt type places.
I think Newton has gone silent because of pending lawsuits from myself and others launched over the last 12 months. The problem with suing him he is essentially flat broke personally and his companies have no liquid assets to pay damages on investigation.
And who the hell wants any of their junk stock at .0001 if you could get it sold.....which apparantently you can't. So make my day someone, tell me where Newton et al has some assets to go after. Piercing the corporate veil is the next option but it is
more costly, time consuming and the Newtons, et al can always declare personal BK to avoid pending judgements just prior to a final judgement from the court.
I think its funy that 2 years later this IWS thing that he claimed was getting 25-30 new contracts a month with suitable downpayments, etc. hasn't done a damn thing. At least most people didn't lose more than $5-20,000 from us original folks but it is still annoying as hell to be taken in my a con artist of\
his caliber. He fack he was so unprofessional I thought he must be telling the truth but he is really just a shade tree con artist who hasn't learned the finer points from true artists locked up in federal prisions around the country. GO GENE.
I bet his damn credit score is 400.
Good luck anyway guys maybe someday it might be possible to sell and get a pittance out of this trash heap.
