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To: tired&retired

Federal prosecutors charged a former campaign adviser to Secretary of State John Kerry and a second man once dubbed by the media “porn’s new king” along with five others in an alleged scheme involving a Native American Tribal bond offering.

Charged were Devon Archer, an adviser to Mr. Kerry’s presidential campaign in 2004, and Jason Galanis.

This is the guy that was on the Ukrainian Burisma Board with Hunter Biden.

https://www.wsj.com/articles/father-son-duo-accused-of-selling-fake-bonds-1462995193


6 posted on 09/30/2019 7:47:22 AM PDT by tired&retired (Blessings)
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To: tired&retired

Seven accused of defrauding Oglala Sioux Tribe in bond scheme

http://www.indianz.com/News/2016/05/12/seven-accused-of-defrauding-oglala-sioux.asp

Federal authorities announced charges against seven people who are accused of defrauding the Oglala Sioux Tribe and investors of millions of dollars.
According to the U.S. Attorney’s Office, the defendants “induced” the Wakpamni Lake Community Corporation to issue “tens of millions of dollars in municipal bonds.” But the bonds were never invested despite promises to improve economic development conditions on the Pine Ridge Reservation in South Dakota, authorities said.
Instead, the bonds were sold to investors who weren’t aware of the fraudulent nature of the scheme, according to authorities. The defendants used those proceeds for their own lavish expenses, U.S. Attorney Preet Bharara from New York City said.
“As alleged, the defendants induced an Oglala Sioux Native American tribal entity to issue bonds through lies about how the bond proceeds would be invested,” Bharara said in a press release. “Instead of investing the proceeds in a way that would provide capital for development and help cover the interest payments, the defendants allegedly pocketed most of it to pay for their own personal expenses, homes, cars, travel, and jewelry.”

Here is the link to the 45 page indictment

http://www.indianz.com/m.asp?url=https://www.justice.gov/usao-sdny/file/850241/download


7 posted on 09/30/2019 7:53:12 AM PDT by tired&retired (Blessings)
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