Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: delta7

“The ONLY people to send money to are the International Red Cross...”

Talk about losing credibility. The red cross is crooked.


4 posted on 04/10/2022 1:23:59 PM PDT by Revel
[ Post Reply | Private Reply | To 1 | View Replies ]


To: Revel

Lutheran World Relief is an option


24 posted on 04/10/2022 2:03:07 PM PDT by chemical_boy
[ Post Reply | Private Reply | To 4 | View Replies ]

To: Revel

—”The red cross is crooked.”.
Not just the red cross in this post.
Get scammed just by clicking the link.

In 1999, Japanese fraud investigators accused Armstrong of collecting money from Japanese investors, improperly commingling these funds with funds from other investors, and using the fresh money to cover losses he had incurred while trading.[13] United States prosecutors called it a three-billion-dollar Ponzi scheme.[14] Allegedly assisting Armstrong in his scheme was the Republic New York Corporation, which produced false account statements to reassure Armstrong’s investors. In 2001, the bank agreed to pay US$606 million as restitution for its part in the scandal.[14]

Armstrong was indicted in 1999 and ordered by Judge Richard Owen to turn over fifteen million dollars in gold bars and antiquities bought with the fund’s money; the list included bronze helmets and a bust of Julius Caesar.[15][16] Armstrong produced some of the items but claimed the others were not in his possession; this led to several contempt of court charges brought by the SEC and the CFTC, for which he served seven years in jail until he reached a plea bargain with federal prosecutors.[17][18][19] Under the terms of the agreement, Armstrong admitted to deceiving corporate investors and improperly commingling client funds—actions that according to prosecutors resulted in commodities losses of more than seven hundred million dollars—and was sentenced to five years in prison.[20][15]

He was released from federal custody on 2 September 2011 after serving a total of eleven years behind bars.

https://en.wikipedia.org/wiki/Martin_A._Armstrong


28 posted on 04/10/2022 2:11:41 PM PDT by DUMBGRUNT ("The enemy has overrun us. We are blowing up everything. Vive la France!"Dien Bien Phu last message)
[ Post Reply | Private Reply | To 4 | View Replies ]

To: Revel

Dito


65 posted on 04/10/2022 6:52:04 PM PDT by squirt (POLITICIANS & DIAPERS NEED TO BE CHANGED, FOR THE SAME REASON)
[ Post Reply | Private Reply | To 4 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson