Wall Street Insider Tells All after Spendig a decade behind bars for $950 Million Ponzi Scheme

http://en.wikipedia.org/wiki/Maple_Shade,_NJ#

http://www.justice.gov/usao/nj/press/press/files/pdffiles/kirc0303%20rel.pdf

Judgment and Consent Order of Permanent Injunction and Other Equitable Relief, July 31, 2009, S.D.N.Y, 99 CV 9669

injunctive relief for $950 MILLION in Fraud??? does that sound fair??? They just orderred restituation of $47 Million. How can this happen???

This is me, just m.e.

@ElyssaD
The United States of Embarassment

---------------------

"Kirchhoff admitted
that he agreed with the others, including former N.J. State Police Trooper Peter K.
Bethune, of Maple Shade, to have them collect money and/or stock by extortionate means
from stock promoters and corporate insiders who had allegedly defrauded Kirchhoff and
the other securities promoter.
Bethune and the other co-conspirators are all serving federal sentences for their guilty
pleas to charges in connection to the scheme.
Prior new releases concerning the cases mentioned above can be found at:
http://www.usdoj.gov/usao/nj/press/index.html
Parole has been abolished in the federal system. Defendants who are given custodial terms must serve nearly all that time.

http://www.cftc.gov/ucm/groups/public/@lrenforcementactions/documents/legalpl...

Washington, DC — The U.S. Commodity Futures Trading Commission (CFTC) announced today that it obtained more than $27 million in remaining restitution and permanent injunctions in consent orders that settle its fraud charges against Martin Armstrong of Maple Shade, N.J., and his investment firms Princeton Global Management Ltd. (PGM) and Princeton Economics International Ltd. (PEI). In addition to the restitution awards, the consent orders bar Armstrong, PEI and PGM from trading, applying for registration, engaging in any activity requiring registration or acting as a principal of any registered entity or person.

The Honorable Kevin P. Castel of the U.S. District Court for the Southern District of New York entered the consent orders of permanent injunction on June 24, 2008, and July 31, 2009.

Armstrong is currently serving a five-year sentence at the Federal Correctional Institution at Fort Dix, N.J. On August 7, 2006, Armstrong pled guilty in a related criminal action brought by the Office of the U.S. Attorney for the Southern District of New York (USAO). Armstrong was sentenced pursuant to the April 10, 2007, order of the Honorable John F. Keenan of the U.S. District Court for the Southern District of New York.

The consent orders arise from a CFTC complaint filed on September 13, 1999, against Armstrong, and PGM and PEI, the corporations he directed as chairman (see CFTC Press Release 4312-99, September 14, 1999). The complaint alleged that from approximately November, 1997, to September, 1999, Armstrong, PEI and PGM defrauded customers by operating and managing a commodity pool that concealed substantial trading losses incurred as the result of commodity futures trading. The complaint further charged Armstrong, PEI and PGM with issuing reports to customers that fraudulently represented the net asset value of their interests in the commodity pool. A related civil action was filed by the Securities and Exchange Commission.

This Order against Armstrong, PEI and PGM entirely resolves the CFTC’s charges. Order Follows Previous CFTC Settlements with Participants in the Fraudulent Scheme

In July, 2004, the CFTC entered an order against Harold Ludwig, former co-director, with Martin Armstrong, of PGM, which required Ludwig to pay $4.9 million in restitution and a $2 million civil monetary penalty for his role in fraudulently allocating profitable trades to benefit himself rather than the Princeton customers. Also in July, 2004, the CFTC entered an order against William Rogers and Maria Toczylowski, the former President and Vice President, respectively, of the commodity futures division of Republic New York Securities, Corp. (Republic). The order required them to pay $6 million and $400,000 in restitution and $2 million and $240,000 in civil monetary penalties, respectively, for their roles in executing net asset value letters that intentionally misrepresented the true values of the Princeton accounts and for assisting in fraudulently allocating trades to the detriment of Princeton customers (See CFTC Press Release 4952-04, July 13, 2004).

In December, 2001, the CFTC entered an order against Republic, a futures commission merchant through which the trading was conducted, that imposed a $5 million civil monetary penalty against Republic for its role in assisting Armstrong, PGM and PEI in hiding significant trading losses and in operating a Ponzi scheme. (See CFTC Press Release 4590-01, December 17, 2001).

Former Customers Injured by the Scheme Have Received More Than $600 Million in Return for Their Losses

what about me?? can i have the last ten years back? Can I have a normal life where I can get a job instead of letters from IRS, Dept of Treasury.

WE KNOW WHEE THE MONEY IS!!! I KNOW WHERE THE MONEY IS.
I don;t understand... what more do they want? I got detaiend for 2 hours last night because I forgot to pay c bottle of white grape juice. The "cop" refsed to give me his name.

I refused to authorize having my photo taken... REFUSE & RESIST!
iT WAS ALL I HAD... HE ALEADY TOOK THE HOTOGRAPH, SO I DECIDED SO IT WAS ALL I HAD... TO REFUSE TO SIGN COSENT.

I PAID THE WHITE GRAPE JUSICE, AND WHEN I CAME BACK TO FIND "MAN IN BLACK" SEARCHING MY BELONGINGS, AND ORDERED INTO A ROOM, NO WINDOWS. INTERROGATED FOR TWO HOURS BECAUSE THEY FOUND A MICROCHIP.

DO YOU HAVE ANY IDA HOW MANY FUCKNG MICROCHIPS I HAVE???

THEY ALSO MADE A POINT OF TELLING ME WHEN I *FIRST* WALKED INTO THE STORE, THAT NO PHOTOGRAPHY IS PERMITTED.

I LET MY GURAD DOWN... WHO WOULD HAVE THOUGHT... WHIITE GRAPE JUICE. STORE BRAND. $1.98

2 HOURS OF ACCUSATIONS INTIMIDATION AND NOW I HAVE TO GO TO COURT FOR A SHOPLIFTING CHGE.

AE YOU FUCKING KIDDING ME????

THEY ALSO REFUSED TO ALLOW ME TO MAKE MY MEDICATION. THERE IS A REASO I AM RESCRIBED ANTI-ANXIETY MEDS. THERE IS A VERY GOOD REASON I WOULD I WOULD REQURE MEDICATION [ON ~my~ TERMS UNDER SUCH CIRCUMSTANCES.

THEY ARE WATCHING ME WATCHING THEM. I GUESS IT IS TIME TO STEPTP UP.

COINTELPRO IS STRATEGIC, CONSISTENT, AND PEDICTABLE. CAN ONLY HOPE THAT WHHEN THE MOMENT STRIKES... [NEXT] I WILL BE READY, AND I WILL NOT BE ALONE.

#NAMASTE
IT WASN;T PRETTY. BUT I HELD MY GROUND. [I TINK YOU WOULD HAVE BEEN PROUD]

THE ONLY THING IS... THEY FAILED TO BREAK ME TWICE THIS YEAR... I WOULD LIKE TO BELIEVE THAT THE MOTHERFUCKING STATE WOULD JUST HEY, WE'RE SORRY... WE FUCKED UP!

I KNOW THEY ARE NEVER GOING TO FIX IT. I KNOW THERE IS NOTHING THAT CAN BE FIXED AFTER SO MANY YEARS.

MY LIFE IS BEYOND REPAIR. MY HEART, MY SPINE, MY FUTURE...

I AM TIRED, I AM IN PAIN, AND I WANT NOTHING MORE THAN TO LEAVE THIS MISERABLE LAND WITH ITS COVERT OPS FAR BEHIND ME..

I'M BECOMING CONCERNED THAT MAY NEVER BE ABLE TO GET A PASSPORRT.

file under: CORRUPTION, CFTC, GATA, WHITECOLLAR, WALLSTREET, BANKSTERS.ORG

http://en.wikipedia.org/wiki/Maple_Shade,_NJ#

http://www.justice.gov/usao/nj/press/press/files/pdffiles/kirc0303%20rel.pdf

Judgment and Consent Order of Permanent Injunction and Other Equitable Relief, July 31, 2009, S.D.N.Y, 99 CV 9669

injunctive relief for $950 MILLION in Fraud??? does that sound fair??? They just orderred restituation of $47 Million. How can this happen???

This is me, just m.e.

@ElyssaD
The United States of Embarassment

---------------------

"Kirchhoff admitted
that he agreed with the others, including former N.J. State Police Trooper Peter K.
Bethune, of Maple Shade, to have them collect money and/or stock by extortionate means
from stock promoters and corporate insiders who had allegedly defrauded Kirchhoff and
the other securities promoter.
Bethune and the other co-conspirators are all serving federal sentences for their guilty
pleas to charges in connection to the scheme.
Prior new releases concerning the cases mentioned above can be found at:
http://www.usdoj.gov/usao/nj/press/index.html
Parole has been abolished in the federal system. Defendants who are given custodial terms must serve nearly all that time.

http://www.cftc.gov/ucm/groups/public/@lrenforcementactions/documents/legalpl...

Washington, DC — The U.S. Commodity Futures Trading Commission (CFTC) announced today that it obtained more than $27 million in remaining restitution and permanent injunctions in consent orders that settle its fraud charges against Martin Armstrong of Maple Shade, N.J., and his investment firms Princeton Global Management Ltd. (PGM) and Princeton Economics International Ltd. (PEI). In addition to the restitution awards, the consent orders bar Armstrong, PEI and PGM from trading, applying for registration, engaging in any activity requiring registration or acting as a principal of any registered entity or person.

The Honorable Kevin P. Castel of the U.S. District Court for the Southern District of New York entered the consent orders of permanent injunction on June 24, 2008, and July 31, 2009.

Armstrong is currently serving a five-year sentence at the Federal Correctional Institution at Fort Dix, N.J. On August 7, 2006, Armstrong pled guilty in a related criminal action brought by the Office of the U.S. Attorney for the Southern District of New York (USAO). Armstrong was sentenced pursuant to the April 10, 2007, order of the Honorable John F. Keenan of the U.S. District Court for the Southern District of New York.

The consent orders arise from a CFTC complaint filed on September 13, 1999, against Armstrong, and PGM and PEI, the corporations he directed as chairman (see CFTC Press Release 4312-99, September 14, 1999). The complaint alleged that from approximately November, 1997, to September, 1999, Armstrong, PEI and PGM defrauded customers by operating and managing a commodity pool that concealed substantial trading losses incurred as the result of commodity futures trading. The complaint further charged Armstrong, PEI and PGM with issuing reports to customers that fraudulently represented the net asset value of their interests in the commodity pool. A related civil action was filed by the Securities and Exchange Commission.

This Order against Armstrong, PEI and PGM entirely resolves the CFTC’s charges. Order Follows Previous CFTC Settlements with Participants in the Fraudulent Scheme

In July, 2004, the CFTC entered an order against Harold Ludwig, former co-director, with Martin Armstrong, of PGM, which required Ludwig to pay $4.9 million in restitution and a $2 million civil monetary penalty for his role in fraudulently allocating profitable trades to benefit himself rather than the Princeton customers. Also in July, 2004, the CFTC entered an order against William Rogers and Maria Toczylowski, the former President and Vice President, respectively, of the commodity futures division of Republic New York Securities, Corp. (Republic). The order required them to pay $6 million and $400,000 in restitution and $2 million and $240,000 in civil monetary penalties, respectively, for their roles in executing net asset value letters that intentionally misrepresented the true values of the Princeton accounts and for assisting in fraudulently allocating trades to the detriment of Princeton customers (See CFTC Press Release 4952-04, July 13, 2004).

In December, 2001, the CFTC entered an order against Republic, a futures commission merchant through which the trading was conducted, that imposed a $5 million civil monetary penalty against Republic for its role in assisting Armstrong, PGM and PEI in hiding significant trading losses and in operating a Ponzi scheme. (See CFTC Press Release 4590-01, December 17, 2001).

Former Customers Injured by the Scheme Have Received More Than $600 Million in Return for Their Losses

what about me?? can i have the last ten years back? Can I have a normal life where I can get a job instead of letters from IRS, Dept of Treasury.

WE KNOW WHEE THE MONEY IS!!! I KNOW WHERE THE MONEY IS.
I don;t understand... what more do they want? I got detaiend for 2 hours last night because I forgot to pay c bottle of white grape juice. The "cop" refsed to give me his name.

I refused to authorize having my photo taken... REFUSE & RESIST!
iT WAS ALL I HAD... HE ALEADY TOOK THE HOTOGRAPH, SO I DECIDED SO IT WAS ALL I HAD... TO REFUSE TO SIGN COSENT.

I PAID THE WHITE GRAPE JUSICE, AND WHEN I CAME BACK TO FIND "MAN IN BLACK" SEARCHING MY BELONGINGS, AND ORDERED INTO A ROOM, NO WINDOWS. INTERROGATED FOR TWO HOURS BECAUSE THEY FOUND A MICROCHIP.

DO YOU HAVE ANY IDA HOW MANY FUCKNG MICROCHIPS I HAVE???

THEY ALSO MADE A POINT OF TELLING ME WHEN I *FIRST* WALKED INTO THE STORE, THAT NO PHOTOGRAPHY IS PERMITTED.

I LET MY GURAD DOWN... WHO WOULD HAVE THOUGHT... WHIITE GRAPE JUICE. STORE BRAND. $1.98

2 HOURS OF ACCUSATIONS INTIMIDATION AND NOW I HAVE TO GO TO COURT FOR A SHOPLIFTING CHGE.

AE YOU FUCKING KIDDING ME????

THEY ALSO REFUSED TO ALLOW ME TO MAKE MY MEDICATION. THERE IS A REASO I AM RESCRIBED ANTI-ANXIETY MEDS. THERE IS A VERY GOOD REASON I WOULD I WOULD REQURE MEDICATION [ON ~my~ TERMS UNDER SUCH CIRCUMSTANCES.

THEY ARE WATCHING ME WATCHING THEM. I GUESS IT IS TIME TO STEPTP UP.

COINTELPRO IS STRATEGIC, CONSISTENT, AND PEDICTABLE. CAN ONLY HOPE THAT WHHEN THE MOMENT STRIKES... [NEXT] I WILL BE READY, AND I WILL NOT BE ALONE.

#NAMASTE
IT WASN;T PRETTY. BUT I HELD MY GROUND. [I TINK YOU WOULD HAVE BEEN PROUD]

THE ONLY THING IS... THEY FAILED TO BREAK ME TWICE THIS YEAR... I WOULD LIKE TO BELIEVE THAT THE MOTHERFUCKING STATE WOULD JUST HEY, WE'RE SORRY... WE FUCKED UP!

I KNOW THEY ARE NEVER GOING TO FIX IT. I KNOW THERE IS NOTHING THAT CAN BE FIXED AFTER SO MANY YEARS.

MY LIFE IS BEYOND REPAIR. MY HEART, MY SPINE, MY FUTURE...

I AM TIRED, I AM IN PAIN, AND I WANT NOTHING MORE THAN TO LEAVE THIS MISERABLE LAND WITH ITS COVERT OPS FAR BEHIND ME..

I'M BECOMING CONCERNED THAT MAY NEVER BE ABLE TO GET A PASSPORRT.

file under: CORRUPTION, CFTC, GATA, WHITECOLLAR, WALLSTREET, BANKSTERS.ORG

http://en.wikipedia.org/wiki/Maple_Shade,_NJ#

http://www.justice.gov/usao/nj/press/press/files/pdffiles/kirc0303%20rel.pdf

Judgment and Consent Order of Permanent Injunction and Other Equitable Relief, July 31, 2009, S.D.N.Y, 99 CV 9669

injunctive relief for $950 MILLION in Fraud??? does that sound fair??? They just orderred restituation of $47 Million. How can this happen???

This is me, just m.e.

@ElyssaD
The United States of Embarassment

---------------------

"Kirchhoff admitted
that he agreed with the others, including former N.J. State Police Trooper Peter K.
Bethune, of Maple Shade, to have them collect money and/or stock by extortionate means
from stock promoters and corporate insiders who had allegedly defrauded Kirchhoff and
the other securities promoter.
Bethune and the other co-conspirators are all serving federal sentences for their guilty
pleas to charges in connection to the scheme.
Prior new releases concerning the cases mentioned above can be found at:
http://www.usdoj.gov/usao/nj/press/index.html
Parole has been abolished in the federal system. Defendants who are given custodial terms must serve nearly all that time.

http://www.cftc.gov/ucm/groups/public/@lrenforcementactions/documents/legalpl...

Washington, DC — The U.S. Commodity Futures Trading Commission (CFTC) announced today that it obtained more than $27 million in remaining restitution and permanent injunctions in consent orders that settle its fraud charges against Martin Armstrong of Maple Shade, N.J., and his investment firms Princeton Global Management Ltd. (PGM) and Princeton Economics International Ltd. (PEI). In addition to the restitution awards, the consent orders bar Armstrong, PEI and PGM from trading, applying for registration, engaging in any activity requiring registration or acting as a principal of any registered entity or person.

The Honorable Kevin P. Castel of the U.S. District Court for the Southern District of New York entered the consent orders of permanent injunction on June 24, 2008, and July 31, 2009.

Armstrong is currently serving a five-year sentence at the Federal Correctional Institution at Fort Dix, N.J. On August 7, 2006, Armstrong pled guilty in a related criminal action brought by the Office of the U.S. Attorney for the Southern District of New York (USAO). Armstrong was sentenced pursuant to the April 10, 2007, order of the Honorable John F. Keenan of the U.S. District Court for the Southern District of New York.

The consent orders arise from a CFTC complaint filed on September 13, 1999, against Armstrong, and PGM and PEI, the corporations he directed as chairman (see CFTC Press Release 4312-99, September 14, 1999). The complaint alleged that from approximately November, 1997, to September, 1999, Armstrong, PEI and PGM defrauded customers by operating and managing a commodity pool that concealed substantial trading losses incurred as the result of commodity futures trading. The complaint further charged Armstrong, PEI and PGM with issuing reports to customers that fraudulently represented the net asset value of their interests in the commodity pool. A related civil action was filed by the Securities and Exchange Commission.

This Order against Armstrong, PEI and PGM entirely resolves the CFTC’s charges. Order Follows Previous CFTC Settlements with Participants in the Fraudulent Scheme

In July, 2004, the CFTC entered an order against Harold Ludwig, former co-director, with Martin Armstrong, of PGM, which required Ludwig to pay $4.9 million in restitution and a $2 million civil monetary penalty for his role in fraudulently allocating profitable trades to benefit himself rather than the Princeton customers. Also in July, 2004, the CFTC entered an order against William Rogers and Maria Toczylowski, the former President and Vice President, respectively, of the commodity futures division of Republic New York Securities, Corp. (Republic). The order required them to pay $6 million and $400,000 in restitution and $2 million and $240,000 in civil monetary penalties, respectively, for their roles in executing net asset value letters that intentionally misrepresented the true values of the Princeton accounts and for assisting in fraudulently allocating trades to the detriment of Princeton customers (See CFTC Press Release 4952-04, July 13, 2004).

In December, 2001, the CFTC entered an order against Republic, a futures commission merchant through which the trading was conducted, that imposed a $5 million civil monetary penalty against Republic for its role in assisting Armstrong, PGM and PEI in hiding significant trading losses and in operating a Ponzi scheme. (See CFTC Press Release 4590-01, December 17, 2001).

Former Customers Injured by the Scheme Have Received More Than $600 Million in Return for Their Losses

what about me?? can i have the last ten years back? Can I have a normal life where I can get a job instead of letters from IRS, Dept of Treasury.

WE KNOW WHEE THE MONEY IS!!! I KNOW WHERE THE MONEY IS.
I don;t understand... what more do they want? I got detaiend for 2 hours last night because I forgot to pay c bottle of white grape juice. The "cop" refsed to give me his name.

I refused to authorize having my photo taken... REFUSE & RESIST!
iT WAS ALL I HAD... HE ALEADY TOOK THE HOTOGRAPH, SO I DECIDED SO IT WAS ALL I HAD... TO REFUSE TO SIGN COSENT.

I PAID THE WHITE GRAPE JUSICE, AND WHEN I CAME BACK TO FIND "MAN IN BLACK" SEARCHING MY BELONGINGS, AND ORDERED INTO A ROOM, NO WINDOWS. INTERROGATED FOR TWO HOURS BECAUSE THEY FOUND A MICROCHIP.

DO YOU HAVE ANY IDA HOW MANY FUCKNG MICROCHIPS I HAVE???

THEY ALSO MADE A POINT OF TELLING ME WHEN I *FIRST* WALKED INTO THE STORE, THAT NO PHOTOGRAPHY IS PERMITTED.

I LET MY GURAD DOWN... WHO WOULD HAVE THOUGHT... WHIITE GRAPE JUICE. STORE BRAND. $1.98

2 HOURS OF ACCUSATIONS INTIMIDATION AND NOW I HAVE TO GO TO COURT FOR A SHOPLIFTING CHGE.

AE YOU FUCKING KIDDING ME????

THEY ALSO REFUSED TO ALLOW ME TO MAKE MY MEDICATION. THERE IS A REASO I AM RESCRIBED ANTI-ANXIETY MEDS. THERE IS A VERY GOOD REASON I WOULD I WOULD REQURE MEDICATION [ON ~my~ TERMS UNDER SUCH CIRCUMSTANCES.

THEY ARE WATCHING ME WATCHING THEM. I GUESS IT IS TIME TO STEPTP UP.

COINTELPRO IS STRATEGIC, CONSISTENT, AND PEDICTABLE. CAN ONLY HOPE THAT WHHEN THE MOMENT STRIKES... [NEXT] I WILL BE READY, AND I WILL NOT BE ALONE.

#NAMASTE
IT WASN;T PRETTY. BUT I HELD MY GROUND. [I TINK YOU WOULD HAVE BEEN PROUD]

THE ONLY THING IS... THEY FAILED TO BREAK ME TWICE THIS YEAR... I WOULD LIKE TO BELIEVE THAT THE MOTHERFUCKING STATE WOULD JUST HEY, WE'RE SORRY... WE FUCKED UP!

I KNOW THEY ARE NEVER GOING TO FIX IT. I KNOW THERE IS NOTHING THAT CAN BE FIXED AFTER SO MANY YEARS.

MY LIFE IS BEYOND REPAIR. MY HEART, MY SPINE, MY FUTURE...

I AM TIRED, I AM IN PAIN, AND I WANT NOTHING MORE THAN TO LEAVE THIS MISERABLE LAND WITH ITS COVERT OPS FAR BEHIND ME..

I'M BECOMING CONCERNED THAT MAY NEVER BE ABLE TO GET A PASSPORRT.

file under: CORRUPTION, CFTC, GATA, WHITECOLLAR, WALLSTREET, BANKSTERS.ORG

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