Latest topics
» WAS MINNESOTA ANOTHER FALSE FLAG?
Message For Jerzy Babkowski (AKA ZAP) 10/11/18 EmptyToday at 6:51 am by topspin2

» Fall Of Cabal missing video 5
Message For Jerzy Babkowski (AKA ZAP) 10/11/18 EmptyYesterday at 10:52 pm by Consciousness Of Economic

» Dave Schmidt (Meta 1 Coin Scam) Zoom Meeting Just Happened! If We Know About It, So Does The SEC!!!
Message For Jerzy Babkowski (AKA ZAP) 10/11/18 EmptyYesterday at 9:13 pm by RamblerNash

» Fall of Cabal PT1-10
Message For Jerzy Babkowski (AKA ZAP) 10/11/18 EmptyYesterday at 6:33 pm by Consciousness Of Economic

» The Ocean Cleanup - From Trash To Treasure - Keeping Track of the Plastic
Message For Jerzy Babkowski (AKA ZAP) 10/11/18 EmptyYesterday at 3:16 pm by PurpleSkyz

» Body Language: Dominic Cummings & The Media Hysteria
Message For Jerzy Babkowski (AKA ZAP) 10/11/18 EmptyYesterday at 3:15 pm by PurpleSkyz

» Study: Cannabis plant contains molecules that are 30 times more effective at reducing inflammation than aspirin
Message For Jerzy Babkowski (AKA ZAP) 10/11/18 EmptyYesterday at 3:09 pm by PurpleSkyz

» The Egypt Osiris Mystery Nobody wants to Address
Message For Jerzy Babkowski (AKA ZAP) 10/11/18 EmptyYesterday at 12:48 pm by Consciousness Of Economic

» Silicon Trees & Dragon Feathers Smurfs Chickenosaurus Lochness Argentina Congo Jurassic Ice Age
Message For Jerzy Babkowski (AKA ZAP) 10/11/18 EmptyYesterday at 12:47 pm by Consciousness Of Economic

» a history of lies
Message For Jerzy Babkowski (AKA ZAP) 10/11/18 EmptyYesterday at 12:46 pm by Consciousness Of Economic

» Pre-1600’s Built for Giants
Message For Jerzy Babkowski (AKA ZAP) 10/11/18 EmptyYesterday at 12:45 pm by Consciousness Of Economic

» Record Decline In Profits In Q1, Waves Of Bankruptcies Incoming, How Consumer Spending Has Changed
Message For Jerzy Babkowski (AKA ZAP) 10/11/18 EmptyYesterday at 12:43 pm by Consciousness Of Economic

» Alan Watts ~ How To Clean Up Your Neagative Karma
Message For Jerzy Babkowski (AKA ZAP) 10/11/18 EmptyYesterday at 12:38 pm by Consciousness Of Economic

» Dave Schmidt (Meta 1 Coin) Did The Currency Buyers Drop Dave As Their Spokesman?
Message For Jerzy Babkowski (AKA ZAP) 10/11/18 EmptyYesterday at 12:21 pm by PurpleSkyz

» Dave (the Douchebag) ScHmIdT thinks putting out daily videos by Meta1 is being quiet!!! What a Dumb Bunny he is!!!
Message For Jerzy Babkowski (AKA ZAP) 10/11/18 EmptyYesterday at 12:19 pm by PurpleSkyz

» Dave Schmidt (Meta 1 Coin Fraud) Says There Is A Fourth Person To Release The Currency Exchange!
Message For Jerzy Babkowski (AKA ZAP) 10/11/18 EmptyYesterday at 12:16 pm by PurpleSkyz

» Scientists solve 'missing matter' mystery
Message For Jerzy Babkowski (AKA ZAP) 10/11/18 EmptyYesterday at 8:46 am by PurpleSkyz

» POOPness for MAY 27: MIDWEEK ZAP CRAP
Message For Jerzy Babkowski (AKA ZAP) 10/11/18 EmptyYesterday at 8:28 am by PurpleSkyz

» FULL (of it) Benjamin blablabla Fulford 5-25-20… Khazarian Mafia’s COVID-19 Power Grab Fails, Bill Gates Now a Dead Man Walking
Message For Jerzy Babkowski (AKA ZAP) 10/11/18 EmptyYesterday at 8:13 am by PurpleSkyz

» Time Reversals & Parrallel Universes…In Antarctica – By Joseph P. Farrell Ph.D
Message For Jerzy Babkowski (AKA ZAP) 10/11/18 EmptyYesterday at 8:03 am by PurpleSkyz

» So… the tracing app is voluntary, but you can’t go out without it?
Message For Jerzy Babkowski (AKA ZAP) 10/11/18 EmptyYesterday at 8:01 am by PurpleSkyz

» 5G from the guy installing it
Message For Jerzy Babkowski (AKA ZAP) 10/11/18 EmptyYesterday at 7:58 am by PurpleSkyz

» Narwhal sounds, new research
Message For Jerzy Babkowski (AKA ZAP) 10/11/18 EmptyYesterday at 7:53 am by PurpleSkyz

» Dr. Steven (struggling to stay relevant) Greer with MUFON Director Jan Harzan
Message For Jerzy Babkowski (AKA ZAP) 10/11/18 EmptyYesterday at 7:44 am by PurpleSkyz

» #QTard Drama Theater - QAnon 8kun-Russia Fail/Cuomo Immunity [Brennan] plus MORE
Message For Jerzy Babkowski (AKA ZAP) 10/11/18 EmptyYesterday at 7:42 am 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







You are not connected. Please login or register

OUT OF MIND » NEW CAGE WOO SLINGERS, UFO & DINARIAN FRAUDS & THOSE THAT BUST THEM OUT! » 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...

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



  

Back to top  Message [Page 1 of 1]

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