Global Diamond Exchange, Inc. (GBDX)

[texas tom]

Jeff Turino and each of his associates are compelled to pay up to 25% of their gross income to a crime victims fund. The fund is administered by the U.S. Department of Justice since this is a Federal judgement. Liens are filed where they live. Lack of cooperation can result in levies on income and all their assets. I did not see much of a challenge because information that is obtained can be used as a basis for indictments. The DOJ will follow the trail of money to where it leads. This is a good 20 year judgement for GBDX shareholders. There is also the tax problem they will face if any of their profits were not reported to the IRS.