Petro America Corp. (fka PTRZ)

[nodummy]

No problem. Regarding money Johnny received from the affidavit:

84. On July 27, 2009, Money Investment, Inc. received a $14,000 check from Windsong Ventures for “flight reimbursement.” On August 20, 2009, Money Trust Company received a $100,000 wire that was sent to another Johnny Heurung entity from Windsong Ventures. An additional $38,600 in wires to Money Investment Inc. occurred between August 13, 2009 and January 19, 2010 with memos such as “our company car,” “Merry Christmas,” and “Happy New Year.”

The IRS seized $138,600.00 IN UNITED STATES CURRENCY FROM ACCOUNT NUMBER 100260463 IN THE NAME OF JOHN F. HEURUNG AND JOSEPHINE A. HEURUNG AT HOME SAVINGS OF AMERICA, LITTLE FALLS, MINNESOTA

There is no doubt that Johnny made some money from all the other programs he sold to PAC investors too, but that isn't mentioned in the affidavit.

Both Johnny and Teresa took trips overseas. It's already been verified in the affidavit that Teresa deposited some money in a bank account in Lichtenstein. Johnny said in the affidavit that she also hid money in Austria and Panama. Don't forget Teresa took a trip to Switzerland (which is right next to Lichtenstein) where she bought that expensive designer luggage. I wouldn't be surprised at all if Johnny also put money in overseas bank accounts. He's taken trips to Panama too. He had several little business arrangements going on in Panama.

Finding money deposited in bank accounts in other countries isn't always easy to do, but hopefully they figure out where the missing $3.9 million went and we get the details about who embezzled that money and where it ended up.

If you get the time read the entire affidavit. It's interesting stuff and hopefully just the tip of the ice berg as far as detailed information about who was involved in this scam and what their true roles were.

Link to full affidavit:

http://media.kansascity.com/smedia/2010/10/22/22/Affidavit.source.prod_affiliate.81.pdf