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Crystallex International Corporation is a Canadian-based gold company with a successful record of developing and operating gold mines in Venezuela and elsewhere in South America

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Message: Madoff & Company

Jun 23, 2018 09:36PM
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Jul 01, 2018 03:47PM

All,

Remember Madoff and Enron?

Fraudster will come up with a plan that will fool even the savviest and most scheptical investors no matter what, hoping that their scheme will end well for them, and will use their cunning towards this objective.

Their scheme always follows a familiar pattern: First, they peddle untold riches that are as easy as a stroll in the park. Then, the prize for participating is gradually reduced until there is a need to put up a heroic battle for the benefit of the investors, who otherwise would end up empty-handed -remember the 35% Net Award Proceeds that the Shareholders were so "thankfull" for and renewed their trust in the company to defende their rights?. And when the heroic battle does not succeed (as planned) the company managers and directors get exonerated for trying.  

Madooff and Enron fleeced investor billions of dollars, but their cunning did not save them from a day or recockning. Madoff is serving a 150 years sentence (maximum allowed by law). And Enron's Skilling, Fastow and Arthur Anderson bit the dust forever and ever (Amen!!!).

 

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Jul 02, 2018 05:04PM
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Jul 03, 2018 02:23AM
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