Too bad the deposit statement is as phony as those worthless SBLCs from U.S. Capital Funding Trust and its chuckle-head founder Robert Fowler - the Ladies Man. Many of us warned that U.S. Capital Funding was a fake impersonating a (once rated) AAA CDO -- and the passage of time proved us right. Those signed sealed and stamped SBLCs were not worth paper they were written on -- but were source of numerous claims by Herzog of Funds Deposited into (always overseas) Bergamo Accounts --- just like we're getting now about Cash Backed Deposits from HSBC.
Much like National Wealth International -- the PRs and Google results one finds about U.S. Capital Funding were mainly PRs from Herzog. No legitimate business links, news stories, accomplishments, board members, employees listed on Linkedin, for either.
Fowler/USCapital is an important reminder on how Herzog and his gang tirelessly pump a scheme for months, making all sorts of claims, and then drop it without ever giving explanation. We can all laugh today at that incident, pumped for over a year. Wonder who the co-conspirators on the worthless HSBC "deposit that can't be withdrawn" are.
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