Latest topics
» Hayabusa2 probe touches down on asteroid
Today at 3:03 am by PurpleSkyz

» 12-year-old builds working nuclear reactor
Today at 3:00 am by PurpleSkyz

» UFO News ~ Cloud Tunnel Making UFO Seen Over East Sussex, Great Britain plus MORE
Today at 2:55 am by PurpleSkyz

» Did Ancient Giant & Tiny Humans Once Exist?
Today at 2:49 am by PurpleSkyz

» #LIVE #QANON NEW Q MORE ARREST TODAY @POTUS
Today at 1:24 am by LadyDragon

» Open Secret - Uncovering The Global UFO Cover-Up Steven Greer
Today at 12:59 am by PurpleSkyz

» Pillars of Light Above
Today at 12:55 am by PurpleSkyz

» DARK JOURNALIST X-SERIES 47: ATLANTIS THE CRAZE IN THE HOT ZONE! BIMINI CUBA NASA MYSTERY!
Yesterday at 11:34 pm by PurpleSkyz

» Record JET STREAM speed measured at over 200 knots – approximately 231 mph – over PENNSYLVANIA – And propels flight to 801 mph
Yesterday at 9:09 pm by PurpleSkyz

» Abort 5G & Stop depopulation of 4 billion humans [224 million Americans] by 5G from Earth
Yesterday at 9:04 pm by PurpleSkyz

» E-mail from ZAP SCAMKOWSKI: CRUNCHES - DONATION WHORE AT IT AGAIN!
Yesterday at 5:53 pm by 4-truth

» Pharmacist and Doctor with 3 Vaccine Injured Kids
Yesterday at 4:49 pm by PurpleSkyz

» WHAT IS THE SACRED?
Yesterday at 4:48 pm by PurpleSkyz

» Golden Sphere and Disc-shaped UFOs photographed over Mexico, Hawaii, Utah and Alberta
Yesterday at 4:45 pm by PurpleSkyz

» What Are They Summoning? Mystery Signals, D Wave and Other Dimensions
Yesterday at 4:42 pm by PurpleSkyz

» Stargates, Dark Energy, and Manipulating Extra Dimensions (Oh My!)
Yesterday at 4:41 pm by PurpleSkyz

» UFO News ~ SPECTACULAR STRING OF LIGHTS FILMED OVER POMPANGO CHILE plus MORE
Yesterday at 4:40 pm by PurpleSkyz

» NIBIRU News ~ PLANET X SYSTEM BEST EVIDENCE TO DATE 2019! ~ THE MAGNETIC POLES ARE SHIFTING! plus MORE
Yesterday at 4:39 pm by PurpleSkyz

» Federal Government Moves to Restrict Vaccine Exemptions as they Pay Out Billions of Dollars for Vaccine Injuries and Deaths
Yesterday at 4:37 pm by PurpleSkyz

» Vibrations. Labyrinths 1, 2 & 3
Yesterday at 2:42 pm by Consciousness Of Economic

» WORLD EXHIBITIONS MYSTERIOUS FIRES & PIPE ORGANS ⚔️ YouTube 720p
Yesterday at 2:41 pm by Consciousness Of Economic

» Arches world wide
Yesterday at 2:40 pm by Consciousness Of Economic

» ARIZONA - Over 40 inches in some places - "EPIC Weather Event" (1080p)
Yesterday at 1:07 pm by Consciousness Of Economic

» Rescue Eight Newborn Puppies Thrown Out Car Window by a Monster
Yesterday at 1:07 pm by Consciousness Of Economic

» Trump Wants 5G & 6G Rolled Out Fast. So ...Military Applications, & Biological Effects?
Yesterday at 1:06 pm by Consciousness Of Economic

» Sound 1, 2 & 3
Yesterday at 1:04 pm by Consciousness Of Economic

» YouTube Finally Goes After Child Exploitation Videos - REMOVES THOUSANDS OF CHANNELS AND DISABLES COMMENTS ON MILLIONS
Yesterday at 1:03 pm by PurpleSkyz

» Antennas (directional and phase array) in our past.
Yesterday at 1:02 pm by Consciousness Of Economic

» Trump Makes California Pay for the Wall/The Art of War.
Yesterday at 1:01 pm by Consciousness Of Economic

» Supreme Court Establishes that Police, But Not the Rest of Us, Can Get the Law Wrong—And Not Face Charges
Yesterday at 12:59 pm by Consciousness Of Economic

» Philadelphia sues seven big banks for getting ‘money for nothing’ from bond collusion
Yesterday at 12:58 pm by Consciousness Of Economic

» Feds broke law in hush-hush Jeffrey Epstein sex trafficking plea deal, Florida judge rules
Yesterday at 12:58 pm by Consciousness Of Economic

» Unraveling the QAnon Hoax
Yesterday at 12:54 pm by PurpleSkyz

CLICK THE SUBSCRIBE BUTTON BELOW TO RECEIVE OUR DAILY NEWSLETTER

A 2ND EMAIL COMPLETES THE ACTIVATION PROCESS




CLICK THE PURPLE BUTTON TO VIEW OUR LATEST POSTS






CHARITY WATER PROJECT
100% OF DONATIONS GOES TO PROVIDING CLEAN WATER TO THOSE IN NEED


www.charitywater.org

1 in 10 people lack access to clean water. We’re on a mission to change that. Here’s how.



Private donors cover our operating costs so 100% of your donation will bring clean water to people in need.

www.charitywater.org




You are not connected. Please login or register

Out Of Mind » SCAMTASTIC RV/GCR NEWS - SHADY CHARACTERS, CHARLETONS & THOSE DETERMINED TO STOP THEM! » Jerzy Babkowski aka ZAP & Susan » Message For Jerzy Babkowski (AKA ZAP) 10/11/18

Message For Jerzy Babkowski (AKA ZAP) 10/11/18

Go down  Message [Page 1 of 1]

RamblerNash

RamblerNash
Department of Justice
U.S. Attorney’s Office
Northern District of Georgia



FOR IMMEDIATE RELEASE
Wednesday, October 10, 2018

Owners of currency exchange business that made $600 million convicted of fraud
ATLANTA – The co-owners and chief operating officer of one of the largest Iraqi dinar exchangers in the United States were convicted by a federal jury following a five-week trial.  Tyson Rhame, James Shaw, and Frank Bell were each convicted of mail and wire fraud conspiracy, as well as multiple counts of mail and wire fraud.  Rhame and Bell were also convicted of making false statements to federal law enforcement agents. 

“These executives engaged in a lengthy campaign to defraud investors by spreading lies about the investment potential of the Iraqi dinar,” said Acting U.S. Attorney Kurt R. Erskine. “These convictions resulted from years of investigation, which included dozens of electronic and physical search warrants, hundreds of witness interviews, and extensive financial analysis.”

“The conviction of these three defendants is the result of an extensive effort by the government to protect investors from those who make unsubstantiated claims about the potential revaluation of a foreign currency,” said Chris Hacker, Special Agent in Charge of FBI Atlanta. “Their greed led them to steal the hopes of unsuspecting investors and ultimately led them to their demise. The FBI and its partners make it a priority to root out and punish anyone who preys on investors for their own selfish desires.”

“This was a trial about fraudulent inducements, conspiracy, investment fraud and outright greed,” said Thomas J. Holloman, Special Agent in Charge, IRS-Criminal Investigation.  “Rhame, Shaw, and Bell saw an opportunity to build their personal net worth and business position in the currency market by seizing on investors’ desire for high returns on their investments. At the end of the trial, the jury agreed with the government and found the Sterling Currency Group co-owners and chief operating officer guilty of the conspiracy and the underlying frauds.   Despite the challenges these complex cases present, IRS-CI is committed to working with our partners at the FBI, and the U.S. Attorney’s Office to show white-collar fraud is still an investigative priority.”

According to Acting U.S Attorney Erskine, the charges, and other information presented in court: Rhame and Shaw owned and operated the Sterling Currency Group, which was once one of the country’s largest sellers of the Iraqi dinar.  Bell was Sterling’s chief operating officer.  Between 2010 and June 2015, Sterling grossed over $600 million in revenue from the sale of the Iraqi dinar and other currencies, while Rhame and Shaw received over $180 million in distributions. 

The evidence at trial established that the defendants took steps to make investors believe they would get rich by investing in the Iraqi dinar.  At one point, Rhame posted information on Sterling’s website falsely suggesting that the dinar was about to revalue.  At other times, Rhame and Bell falsely claimed that Sterling would cash out investors at airports around the country following a dinar “revaluation.”  The defendants also paid substantial sums of money to third parties who in turn spread false information about the dinar on conference calls and Internet chat rooms. 

Tyson Rhame, 53, and James Shaw, 55, both of Atlanta, Georgia, and Frank Bell, 55, of Decatur, Georgia, were convicted of conspiracy to commit mail and wire fraud and multiple mail and wire fraud counts. Rhame and Bell were also convicted of making false statements to federal agents regarding Sterling’s operations.  The jury acquitted the defendants of money laundering charges.  A fourth defendant, Terrence Keller, was acquitted of all charges at trial. 

This case is being investigated by the Federal Bureau of Investigation and Internal Revenue Service Criminal Investigation.

Assistant U.S. Attorneys Thomas J. Krepp, Alison B. Prout, and Kamal Ghali, Deputy Chief of the Cyber and Intellectual Property Crime Section are prosecuting the case.  Assistant U.S. Attorneys Kelly K. Connors and Dahil D. Goss are handling the parallel civil forfeiture actions related to this case. 

For further information please contact the U.S. Attorney’s Public Affairs Office at USAGAN.PressEmails@usdoj.gov(link sends e-mail) or (404) 581-6016.  The Internet address for the U.S. Attorney’s Office for the Northern District of Georgia is http://www.justice.gov/usao-ndga.

https://www.justice.gov/usao-ndga/pr/owners-currency-exchange-business-made-600-million-convicted-fraud

robert18


... this is all great news but where is one of the biggest Iraqi Dinar scammer and fraudster dave shmidt, one of the biggest Canadian scammer, convicted criminal sociopath babkowski jerzy - aka ZAP and many others we have known about for a long time?????. None of those names listed above who supposedly were convicted are known to me... are they known to any one else???...

ANENRO

ANENRO
The reason you don't see their names is, (a) they are too small in the pyramid and (b) they will be arrested soon.

PurpleSkyz

PurpleSkyz
Admin
I am seeing on social media that Paypal is actually starting to go after those that abuse their terms of service on the Friends and Family option.
If this is true your scam is coming to an end Jerzy...



  

Back to top  Message [Page 1 of 1]

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