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Replies to #4389 on NIR Group

returns77

04/27/11 8:54 AM

#4390 RE: jurisper #4389

another scammed nir investor is joining your board
i received coreys letter about ajw liquidation
given that he is the largest investor in ajw maybe 60 million
he will get most of the liquidation funds if there are any.
i have been in contact with the lawyer that has been suing ribotsky for an investor because of the refusal to redeem in 2008 as promised
apparantly that case was dismissed on appeal
also if corey has appointed kpmg they cant be kosher
i keep writing the sec kevin byrne and winston chen the us atty to conclude this case
corey's liquidation is a pre-emptive strike that will screw investors again

jurisper

04/27/11 5:44 PM

#4408 RE: jurisper #4389

I am actually nervous about whether the jury will return a guilty verdict in the Lauer/Lancer criminal trial - even though from a common-sense point of view it's a no-brainer. The defense just has so much scope to say that Lauer simply got things wrong; expert witnesses can easily be bought and can tend to cancel each other out; and so the main evidence for criminal intent comes from the testimony of shady insiders on plea bargains with obvious motives to lie.

FWIW, he was indeed acquitted. These cases are tough!

http://www.bloomberg.com/news/2011-04-27/lancer-group-founder-michael-lauer-acquitted-of-stock-fraud-in-hedge-funds.html