Friday, August 16, 2013 7:59:21 AM
Hillard knew all this already, but is desperately trying to build up his alibi that he was a "victim" of a scam, not the perpetrator. It's the difference between criminal securities fraud and just gross negligence and willful mismanagement. The SEC doesn't care for the old man's stories. The evidence is overwhelming about the BGMO scam, whether or not Hillard had "signed papers" to back up his claims. He's toast and so is BGMO. Sohail will be the Fall guy.
Everything I post is my personal opinion.
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