Here it is....the Company was essentially a scam so that Lisa and Barry could live a lifestyle that was completely above the realm of possibility for them. You know, living in Beverly Hills (true, the place was rented) and driving around in a Rolls (again, it was rented). They milked the scam for all they could and then moved on to the next one. The problem was that the SEC became aware of these individuals at some point, looked into what they were doing, and indicted them.
Oh wait, none of that is news. Everyone knows all of that.
But, I will say a few other things. Obviously, the SEC takes its laws and regulations very seriously. And, they don't indict someone unless there is a better chance than not that they will get a conviction. I've dealt with the DOE personally. Its no joke.
The big tipoff for this scam was where the money was coming from. Lisa was always over in Germany selling shares. There's a lot of money between here and there. Too much. Maybe they thought it was less likely someone from Germany would file a complaint or lawsuit against them. But who knows with those two crazy people.
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