Bergamo Acquisition Corp. (BGMO)

[Investman432]

Congratulations - you unmasked the BGMO fraud! - there is no huge pile of cash in any BGMO account. Hillard Herzog announces worthless paper from made-up National Wealth International as "funds".

It is important that a few honest folks are willing to call out the fraud -- because so many others cravenly hop on the hype wagon because this is profit opportunity for them as long as they can duck responsibility. Paid promotors like Quality Stocks justify taking money to repeat Herzog's claims, because -- hey, that is their job. It's not evil if the check clears and they can hide behind disclaimers or "legal opinions", despite obvious evidence of fraud and ample opportunity to question the facts themselves. This is how Madoff ran his Ponzi scheme for years == so many saw no evil as long as they could profit and deny responsibility.

Herzog uses these false and misleading PR ploys repeatedly, but very notably in June 2010 when worthless SBLCs from another fake entity (U.S. Capital Trust) were announced as "funds deposited today into Bergamo's account". Shockingly, people today are willing to unquestioningly repeat Herzog's false stories, despite clear evidence over years of his habitual lies and misinformation.

I am glad a few will stand up against the chorus of dishonesty - the world needs more people like you.

It is entertaining to parse the announcements to reveal just how Herzog "justifies" what to most of us are blatant lies. He uses dissembling PRs with imprecise language to create excuse that his words were technically accurate. That will be his argument to lawyers, regulators, etc. and he is sticking with it to the day he dies. I'd love to see how he explains his way around reporting $243 million of Cash on financial statement as not a criminally false statement.

Technically, "cash backed by HSBC" can literally mean a Hong Kong $100 note (which is issued by HSBC) is taped to the back of worthless piece of paper printed with $500 million IOU from National Wealth Investafraud. Herzog thinks he deserves everything he gets by hook or crook, much like any psychopath fraudster.