Latest topics
» Jerzy/ZAP And The Saga Concerning "Mary" - FOUND!
Today at 1:38 am by RamblerNash

» Office of PROOFness - Zap/Jerzy "Damage Control"
Today at 1:15 am by RamblerNash

» Out Of Mind Viewer Poll ~ "What Will Jerzy/ZAP Beg For This Week?" ~ Guests welcome to vote
Today at 12:41 am by RamblerNash

» POOFness for APR 22: When The Ships Come In I will be at the airport eating a ketchup sandwich
Today at 12:14 am by RamblerNash

» Barrie Trower On 5G Microwaves ; There is No safe Place, No Where To Go
Yesterday at 9:18 pm by Consciousness Of Economic

» TURN OFF YOUR WIFI ROUTER BEFORE BED!
Yesterday at 8:54 pm by Consciousness Of Economic

» Interplanetary shock wave hits Earth’s magnetic field creating red, yellow, green southern lights and blue northern lights
Yesterday at 8:12 pm by PurpleSkyz

» Have you ever considered the idea that a regular combat soldier obeying orders is actually a murderer ?
Yesterday at 8:08 pm by PurpleSkyz

» EMERY SMITH - UNDERGROUND BASES - ET AUTOPSY - DISCLOSING the SECRET SPACE PROGRAM
Yesterday at 7:45 pm by PurpleSkyz

» What Do You See?
Yesterday at 7:31 pm by PurpleSkyz

» Impossible Warangal Hindu Temple. Unthinkable skill of stone processing
Yesterday at 7:28 pm by PurpleSkyz

» Bill Gates Funding Web of Satellites For Global Real-Time Surveillance
Yesterday at 11:58 am by MartyM

» Unexplained holes in Arctic sea ice appear in new NASA aerial photography
Yesterday at 10:45 am by PurpleSkyz

» Kill Your Excuses or They Will Kill You
Yesterday at 10:41 am by PurpleSkyz

» The Prison You Live In And How You Hold The Key to Escape It
Yesterday at 10:38 am by Consciousness Of Economic

» Corporations That Want You Dead - Jim Marrs
Yesterday at 10:36 am by Consciousness Of Economic

» 11 MILLION DOCS RELEASED!! GEORGE SOROS CAUGHT UP IN THE LARGEST DATA LEAKS IN HISTORY
Yesterday at 10:07 am by PurpleSkyz

» NXIVM sex cult actress Allison Mack arrested; naming names
Yesterday at 10:06 am by PurpleSkyz

» The Veils of Amnesia/Illusion being lifted: The stages of initiations and soul growth
Yesterday at 9:41 am by PurpleSkyz

» Humming in the Sky over Ajman ,United Arab Emirates
Yesterday at 9:09 am by PurpleSkyz

» Simpsons Predicted PRINCE...Shakespeare 400-year Anniversary
Yesterday at 9:08 am by PurpleSkyz

» Heather Ann Tucci-Jarraf's Letter to Francis Lloyd and USM Sanchez, Parts 1, 2, 3, 4
Yesterday at 9:05 am by PurpleSkyz

» Q: THE WORLD IS WATCHING: The Satanic Death Cult is Losing -- Harley Schlanger
Yesterday at 8:43 am by PurpleSkyz

» Jeff Rense & Charlie Robinson - The Octopus of Global Control Pt.1
Yesterday at 8:42 am by PurpleSkyz

» OOPS - US Govt Accidentally Releases File Detailing Electromagnetic Weapon for ‘Remote Mind Control’
Yesterday at 8:40 am by PurpleSkyz

» Earth Day 2018
Yesterday at 8:35 am by PurpleSkyz

» Ruminations are over and the multitudes rejoice
Yesterday at 8:32 am by PurpleSkyz

» UFO News ~ White UFO Disk Hovering Over Construction Site In Virginia plus MORE
Yesterday at 8:29 am by PurpleSkyz

» NIBIRU News ~ Dots are Connecting Around Dark Star Theory plus MORE
Yesterday at 8:27 am by PurpleSkyz

CURRENT MOON

You are not connected. Please login or register

Out Of Mind » DINARIAN SCAMTASTIC NEWS » RV/GCR, GURU CHATTER & NESARA INFO » THREE INDICTED FOR 23 MILLION DINAR FRAUD (THE BH GROUP)

THREE INDICTED FOR 23 MILLION DINAR FRAUD (THE BH GROUP)

Go down  Message [Page 1 of 1]

PurpleSkyz

avatar
Admin
THREE INDICTED FOR 23 MILLION DINAR FRAUD (THE BH GROUP)

Subject: Three Indicted for $23m Dinar Fraud
Three Indicted for $23m Dinar Fraud Posted on 01 January 2014. Tags: Corruption, dinar, IQD, iraqi dinar, re-denomination, re-valuation, Redenomination, revaluation Pages: 1 2 A federal grand indicted three men from the Toledo area for their roles in the operation of a $23 million fraud scheme involving the sale of Iraqi dinar currency and two non-existent hedge funds, said Steven M. Dettelbach, United States Attorney for the Northern District of Ohio, and Kathy Enstrom, Special Agent in Charge, IRS-Criminal Investigation, Cincinnati field office. Those indicted are: Bradford L. Huebner, 66, of Ottawa Hills, Ohio; Charles N. Emmenecker, 66, of Sylvania, Ohio, and Michael L. Teadt, 67, of Maumee, Ohio. Rudolph M. Coenen, age 47, of Jacksonville, Florida, has already pleaded guilty to crimes related to his role in the conspiracy. The men are charged with conspiracy to commit wire fraud and wire fraud. Huebner is also charged with multiple counts of money laundering, structuring and willful failure to file currency and transaction reports. As a result of the defendants’ conduct, investors lost about $23.8 million from dinar sales and more than $700,000 from the sale of non-existent hedge fund “seats” and “placements,” according to the indictment. “These defendants made false statements time and again to convince people to part with their savings and hard-earned cash,” Dettelbach said. “The fact that they falsely claimed one member of the conspiracy was wounded while fighting in Iraq is particularly egregious.” “Illegal activity involving the investment industry has brought financial ruin to many Americans,” Enstrom said. “IRS Criminal Investigation is committed to unraveling complex investment schemes to ensure that the promoters of these schemes do not use the financial-services industry for personal gain.”
Visit stage2omega at: http://www.stage2omega.com/?xg_source=msg_mes_network


Thanks to: http://www.ascensionwithearth.com



  

Herb Lady

avatar
wow.

Thanks for sharing this!



Take care of the land and the animals and they will take care of you!

Come visit my site at:  http://onenaturesmagic.com/

ymoilman2


HOME
   ABOUT
   NEWS
   MEET THE U.S. ATTORNEY
   DIVISIONS
   PROGRAMS
   CONTACT US

Home » News » Press Release
News and Press Releases
Three men from Toledo area indicted for $23 fraud scheme
FOR IMMEDIATE RELEASE
Dec. 19, 2013

A federal grand indicted three men from the Toledo area for their roles in the operation of a $23 million fraud scheme involving the sale of Iraqi dinar currency and two non-existent hedge funds, said Steven M. Dettelbach, United States Attorney for the Northern District of Ohio, and Kathy Enstrom, Special Agent in Charge, IRS-Criminal Investigation, Cincinnati field office.

Those indicted are: Bradford L. Huebner, 66, of Ottawa Hills, Ohio; Charles N. Emmenecker, 66, of Sylvania, Ohio, and Michael L. Teadt, 67, of Maumee, Ohio.

Rudolph M. Coenen, age 47, of Jacksonville, Florida, has already pleaded guilty to crimes related to his role in the conspiracy.

The men are charged with conspiracy to commit wire fraud and wire fraud. Huebner is also charged with multiple counts of money laundering, structuring and willful failure to file currency and transaction reports.

As a result of the defendants’ conduct, investors lost about $23.8 million from dinar sales and more than $700,000 from the sale of non-existent hedge fund “seats” and “placements,” according to the indictment.

“These defendants made false statements time and again to convince people to part with their savings and hard-earned cash,” Dettelbach said. “The fact that they falsely claimed one member of the conspiracy was wounded while fighting in Iraq is particularly egregious.”

“Illegal activity involving the investment industry has brought financial ruin to many Americans,” Enstrom said. “IRS Criminal Investigation is committed to unraveling complex investment schemes to ensure that the promoters of these schemes do not use the financial-services industry for personal gain.”

The indictment charges that beginning about August 2010, Huebner, Coenen, Emmenecker and Teadt conspired to operate “BH Group” in Toledo and “Bayshore Capital Investments” in Jacksonville in order to defraud investors through investments in the Iraqi dinar currency and two non-existent hedge funds.
The conspirators promoted the dinar and non-existent hedge funds through the dissemination of a series of material falsehoods conveyed primarily through weekly interstate conference calls and through the conspirators’ web site, according to the indictment.

False claims included statements about the U.S. Treasury Department’s holdings of dinar and involvement in the Iraqi dinar investment market, according to the indictment.

Additional material false statements made by all the defendants include, but are not limited to, portrayal of Coenen as a former vice president at JP Morgan Chase and a former Marine who was awarded the Purple Heart after being wounded in Iraq during Operation Desert Storm.

Coenen worked for JP Morgan Chase for one day as an account executive/loan officer. He never served in the first Gulf War, was never wounded in combat and never received a Purple Heart, according to the indictment.

If convicted, the defendants’ sentence will be determined by the court after a review of factors unique to this case, including the defendants’ prior criminal record, if any, the defendants’ roles in the offense and the characteristics of the violation. The sentence will not exceed the statutory maximum and in most cases will be less than the maximum.

This case is being handled by Assistant United States Attorneys Gene Crawford and Matthew W. Shepherd following an investigation by the Internal Revenue Service – Criminal Investigation.

.An indictment is only a charge and is not evidence of guilty. The defendants are entitled to a fair trial in which it will be the government’s burden to prove guilt beyond a reasonable doubt


Return to Top
Victim Witness Assistance

Making sure that victims of federal crimes are treated with compassion, fairness and respect.
Human and Civil Rights


Initiatives to ensure fair treatment and equal protection under the law.
Law Enforcement Initiatives


Law enforcement efforts with federal, state and local partners.
Defending Children

Combating sexual exploitation of children.
Stay Connected: Visit us on Facebook or Twitter

Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum