OUT OF MIND
Would you like to react to this message? Create an account in a few clicks or log in to continue.
Latest topics
» Two never-before-seen 'alien' minerals found inside a meteorite
THREE INDICTED FOR 23 MILLION DINAR FRAUD (THE BH GROUP)  EmptyToday at 11:25 am by PurpleSkyz

» "Died Suddenly's" 11/30/22
THREE INDICTED FOR 23 MILLION DINAR FRAUD (THE BH GROUP)  EmptyToday at 11:10 am by PurpleSkyz

» 5 of Biden’s Secret Service vehicles burst into flames after he left on vacation
THREE INDICTED FOR 23 MILLION DINAR FRAUD (THE BH GROUP)  EmptyToday at 10:48 am by PurpleSkyz

» How BlackRock Conquered the World
THREE INDICTED FOR 23 MILLION DINAR FRAUD (THE BH GROUP)  EmptyToday at 10:43 am by PurpleSkyz

» Firefighter Rants About EV Car Fires: ‘We’re Fighting Against Fires that Can’t Be Put Out
THREE INDICTED FOR 23 MILLION DINAR FRAUD (THE BH GROUP)  EmptyToday at 10:39 am by PurpleSkyz

» CONTROLLED DEMOLITION: ‘It Started…’, Who Stole My Pension?
THREE INDICTED FOR 23 MILLION DINAR FRAUD (THE BH GROUP)  EmptyToday at 10:34 am by PurpleSkyz

» Good People Doing Good Things — A Reprise And An Update
THREE INDICTED FOR 23 MILLION DINAR FRAUD (THE BH GROUP)  EmptyToday at 10:27 am by PurpleSkyz

» Canadian Fashion Firm Releases Ad Celebrating “Beauty” Of Assisted Suicide
THREE INDICTED FOR 23 MILLION DINAR FRAUD (THE BH GROUP)  EmptyToday at 10:24 am by PurpleSkyz

» What is Causing Animals to Walk in Circles?
THREE INDICTED FOR 23 MILLION DINAR FRAUD (THE BH GROUP)  EmptyToday at 10:19 am by PurpleSkyz

» Mauna Loa shoots lava fountains 200 feet high: USGS
THREE INDICTED FOR 23 MILLION DINAR FRAUD (THE BH GROUP)  EmptyToday at 10:06 am by PurpleSkyz

» THE GREAT RESET: The Club Of Rome & The Rise Of The “Predictive Modelling” Mafia
THREE INDICTED FOR 23 MILLION DINAR FRAUD (THE BH GROUP)  EmptyYesterday at 11:47 am by PurpleSkyz

» ‘Kafka-esque’, A Light In The Darkness
THREE INDICTED FOR 23 MILLION DINAR FRAUD (THE BH GROUP)  EmptyYesterday at 11:43 am by PurpleSkyz

» Fired Referees Speak Out After Suing NBA Over Vaccine Mandate
THREE INDICTED FOR 23 MILLION DINAR FRAUD (THE BH GROUP)  EmptyYesterday at 11:23 am by PurpleSkyz

» ‘Wow!’ Fauci ‘Can’t Recall Practically Anything’ in 7-Hour Deposition
THREE INDICTED FOR 23 MILLION DINAR FRAUD (THE BH GROUP)  EmptyYesterday at 11:20 am by PurpleSkyz

» Dozens of earthquakes swarm Hawaii as the world's largest volcano erupts
THREE INDICTED FOR 23 MILLION DINAR FRAUD (THE BH GROUP)  EmptyYesterday at 11:14 am by PurpleSkyz

» Blasting the Ocean with Noise: how Sonic Pollution and Sea Mining will destroy Marine Life
THREE INDICTED FOR 23 MILLION DINAR FRAUD (THE BH GROUP)  EmptyYesterday at 11:06 am by PurpleSkyz

» Calhoun’s “mouse utopia” experiments are now coming true
THREE INDICTED FOR 23 MILLION DINAR FRAUD (THE BH GROUP)  EmptyYesterday at 10:49 am by PurpleSkyz

» UPDATES: Chinese Lockdown Protests Intensify In Rare Display Of Defiance
THREE INDICTED FOR 23 MILLION DINAR FRAUD (THE BH GROUP)  EmptyYesterday at 1:35 am by PurpleSkyz

» Fauci Blames Trump For China’s COVID Cover Up
THREE INDICTED FOR 23 MILLION DINAR FRAUD (THE BH GROUP)  EmptyYesterday at 1:25 am by PurpleSkyz

» Lab Grown Lunacy
THREE INDICTED FOR 23 MILLION DINAR FRAUD (THE BH GROUP)  EmptyYesterday at 1:21 am by PurpleSkyz

»  Joe Biden’s Transgender DOE Appointee is Charged with a Felony
THREE INDICTED FOR 23 MILLION DINAR FRAUD (THE BH GROUP)  EmptyYesterday at 1:15 am by PurpleSkyz

» Proof Jabs Cause Heart Attacks and Strokes
THREE INDICTED FOR 23 MILLION DINAR FRAUD (THE BH GROUP)  EmptyYesterday at 1:06 am by PurpleSkyz

You are not connected. Please login or register

OUT OF MIND » SUPER SCAMMERS!! RV & DINARIAN FRAUDS » 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)

3 posters

Go down  Message [Page 1 of 1]

PurpleSkyz

PurpleSkyz
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

Herb Lady

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:  https://onlynaturesmagic.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