Latest topics
» Why You Should Never Sign the Refusal to Vaccinate Form
Today at 5:19 pm by PurpleSkyz

» The GoldFish Report No 121- Week 31 POTUS Review with Dr. James Fetzer
Today at 5:15 pm by PurpleSkyz

» Last Eclipse Thread!! :)
Today at 5:13 pm by PurpleSkyz

» RIP Williams Tompkins
Today at 5:12 pm by PurpleSkyz

» BZ (HATJ - Unity & Awareness Ends This... and BEGINS All over the Next 24-36 hours plus more
Today at 4:45 pm by PurpleSkyz

» UFO News ~ Real UFO Footage Caught On Tape In Houston Texas plus MORE
Today at 2:52 pm by PurpleSkyz

» Cindy Kay Currier ~ TDA Accounts—Why accessing yours is illegal
Today at 2:45 pm by PurpleSkyz

» Eyes wide Open ~ Eclipse
Today at 2:43 pm by PurpleSkyz

» Benjamin Fulford ~ US military cracking down on hooligans for hire in US
Today at 1:01 pm by PurpleSkyz

» STARWALKERS Episode 22: "Wiped" by TS Caladan
Today at 12:36 pm by PurpleSkyz

» This happened on our Earth 19-21 August 2017
Today at 12:15 pm by PurpleSkyz

» The Orion's Belt Conspiracy. Are We The Aliens?
Today at 12:09 pm by PurpleSkyz

» POOFness for AUG 20: CHANGE THE WORLD
Today at 11:42 am by Avebury

» Wikileaks Disclosure About Ultra Secret NSA Military Base at Pine Gap (Area 51 of Australia)
Today at 11:37 am by PurpleSkyz

» This Weeks Scamtastic RV/GCR News: 8/19-8/25
Today at 11:34 am by PurpleSkyz

» NIBIRU News ~ NIBIRU SYSTEM PLANETS NEAR THE SUN plus MORE
Today at 11:29 am by PurpleSkyz

» NEIL KEENAN UPDATE | The Inside Word – A Consensus Has Emerged From The Family
Today at 11:22 am by PurpleSkyz

» Reporter Who Exposed BBC Pedophilia Cover Up Found Dead
Today at 11:19 am by PurpleSkyz

» Flights of Condors intertwine with Eagles
Today at 11:15 am by PurpleSkyz

» Mysterious Rectangular Light in the Sky over Jinan China Baffles Residents
Today at 11:13 am by PurpleSkyz

» Police: Anti-Vaccine Holistic Doctor, Ann Boroch, Was Murdered
Today at 10:56 am by PurpleSkyz

» Crop Circle ~ Sutton Hall, Nr Rochford, Essex.
Today at 10:38 am by PurpleSkyz

» Are You Ready? As the Solar Eclipse nears, a 140,000 miles long sunspot group is about to burst!
Today at 10:27 am by PurpleSkyz

» Bad-clown Rising ~ the 9th Turning PULL THE STRING
Today at 10:22 am by PurpleSkyz

» The GoldFish Report "10 Minute Quickie": Solar Eclipse- May the Force Be With You
Today at 10:19 am by PurpleSkyz

» Have You Seen What's Happening In Africa ?
Today at 7:17 am by topspin2

» Now it's illegal. Haha, so omission isn't deception anymore? No natural law? Teach us by example; admit your error! NOW!
Yesterday at 7:20 pm by MusicAlchemy

» More TDA stuff... yawn
Yesterday at 6:12 pm by metech

» The Great American Eclipse plus more
Yesterday at 3:17 pm by PurpleSkyz

Who is online?

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)

View previous topic View next topic 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

View previous topic View next topic Back to top  Message [Page 1 of 1]

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