Replies to post #155888 on Conversion Solutions Holdings (fka CSHD)

[janice shell]

Among the purported source of Atlewa's funds were bonds Woods said he could place with Euroclear, a securities clearinghouse based in Belgium.

My my my.

[Investorman]

Waatle had one asset, according to the Securities and Exchange Commission - a purported $170 million bond backed by phony real estate liens.

RPH seems to milk the same scam over and over.


"As it turns out, it looks like none of that was a legitimate enterprise," Brittain said.

Woods helped form Atlewa Trust in July 2004 with two of his longtime business partners - Harris and Ancil Garvin, a former Myrtle Beach resident.

The three men had been involved in a series of business failures, some of which led to federal lawsuits, before they teamed up to form Atlewa.

[aimgator]

interesting find.... i wonder whats going on in CSHD new fourm.