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Re: midtieroil post# 254638

Tuesday, 03/06/2012 1:24:10 PM

Tuesday, March 06, 2012 1:24:10 PM

Post# of 363141
His conviction clearly establishes that the bank was a fraud.

Hence the chances and amounts of recovery are greatly reduced.

Hence the amount that ERHE may or may not get back could be reduced.

Had the bank been legit, then the money (or lack there-of) could be more easily traced using real books. Since the books were crooked / cooked, the wha tis left fo the money will be harder to find. That's my point, which was evidently not made clear enough.