Citadel EFT Inc (fka CDFT)

[janice shell]

#7 Until its booked as an asset it does not exist and no fraud has been committed, Some mistakes, yes, Crimes NO.

I don't know where you get the idea that fraud has not been committed until it's memorialized in a 10-K. The "bonds" were bought and paid for by DeRoos. He knew, or was reckless in not knowing, that they were fake.

That is fraud.