Replies to post #82087 on Global Diamond Exchange, Inc. (GBDX)

[GBDX87]

DO YOU SEE GBDX IN THE MIDDLE OF SECOND PARAGRPH ,


. (July 2004 to July 2005); and Global Diamond Exchange, Inc. (November 2005 to April 2008) – to defraud purchasers of stock in those companies.


https://www.justice.gov/usao-nv/victim-witness-assistance/us-v-john-edwards-et-al-cmkm


PEACE AND PAYMENT THRU RESTITUTION

“THE REALITIES of RESTITUTION
FOR VICTIMS of FEDERAL CRIMES”
Most crime victims are very concerned about how they can recover from their financial loss
suffered as a result of a crime. This information is provided to you by the U.S. Attorney’s Office
for the District of Nevada. The following is meant to provide a brief overview for federal crime
victims and restitution ordered by the court, the legal process involved, and the realities of
actually receiving full restitution.
The Justice for All Act of 2004 provides that “identified” federal crime victims are entitled to full
and timely restitution as provided by law for certain losses suffered as a result of the commission
of an offense as part of the criminal sentence imposed on the defendant, or as part of a plea
agreement. Federal crime victims may be either individuals, businesses, or corporations.
Definition of a Federal Crime Victim
A federal crime victim is “a person directly or proximately harmed as a result of the commission
of a federal offense, or an offense within the District of Columbia 18 U.S.C. ss 3771(e).
The issue of receiving restitution is important to all victims, to include victims of financial
crimes. It is often not possible to immediately project or determine the exact amount of loss that
a defendant has caused which can be applicable to court-ordered restitution. Cases that have a
large number of victims and that are complex in nature, such as scams, often take a very long
time to reach a final court disposition. Unfortunately, the amount of total restitution ultimately
received by a victim in many cases ranges from zero percent to only a very small percent of the
total amount a victim has lost. If any proceeds are identified by the court which can be applied
toward restitution, payments to victims may be made by a defendant or defendants over a period
of several years. The U.S. Attorney’s Office pursues restitution payments for up to twenty years
after a defendant is sentenced. Therefore, it is important that victims keep the U.S. Attorney’s
Office or the Court Clerk’s office informed of any name and/or address changes.
What you can do as a crime victim?
Provide all receipts or other verification of your loss where ever possible. It is important to
obtain all records of all expenses or loss incurred as a result of the crime. This information will
be used in determining what costs may be court ordered in the form of restitution to the victim if
a defendant is convicted.
Ordering vs. Receiving Restitution
Under federal law, it is mandatory for a defendant to pay restitution when there is a loss to the
victim. Unfortunately, as a practical matter, a defendant who has no money or potential to make

[goldbarren58]

some people are just mentally ill


it isnt their fault