FBI moves against $50million Genesis Acquisitions ponzi

[littleroundman]

The Dayton Daily News.com (http://www.daytondailynews.com/news/news/fbi-couple-bilked-area-investors-out-of-millions/nhxWQ/) is reporting the FBI has now moved in on Genesis Acquisitions

http://imageshack.com/a/img538/4638/dP6Lir.jpg

You can read the original article on Dayton Daily News.com (http://www.daytondailynews.com/news/news/fbi-couple-bilked-area-investors-out-of-millions/nhxWQ/)

[littleroundman]

And, who do you think has been pimping Genesis Acquisitions around the usual suspect HYIP ponzi forums ???


October 10, 2014
Greetings Everyone,
Congrats to those who decided to quickly move forward with their club membership and their participation in the PINEWOOD TCI 2 which is the second contract that the club has offered to the members.

I am very firm in my belief that this is the real deal and I get no sense whatsoever that any kind of scam is intended here. It is very seldom that we can find an opportunity as transparent and viable as the Genesis Acquisitions International, LLC. investment club.

http://imageshack.com/a/img908/9233/X5kj0n.jpg snipped for brevity


Do nothing more until you receive further instructions.
Ken



Yep, that's ol' "kissOdeath" Ken Russo out there pimping Genesis Acquisitions as hard as he can.

I'll bet Bill Apostelos is regretting the fact he didn't heed the warnings that by associating Ken Russo with your ponzi-du-jour, you might as well bend over and kiss your ass (and your ponzi) goodbye

[Whip]

I am very firm in my belief that this is the real deal and I get no sense whatsoever that any kind of scam is intended here.

wonder how long he rolls on the floor laughing after he types out **** like this.

[littleroundman]

One wonders how much of the seventy million dollars allegedly stolen was a the result of "Kiss o Death" Kenny Russos' pimping.

http://imageshack.com/a/img910/2065/eqimkp.jpg

Department of Justice press release (http://www.justice.gov/usao-sdoh/pr/dayton-couple-charged-alleged-70-million-ponzi-scheme)

[Whip]

seems someone in another thread here should take note.

[littleroundman]

What do you think ???

Coincidence,

or,

is it true that for US based fraud and fraudsters, the times really are a' changin'

http://imageshack.com/a/img907/9928/HzZISA.jpg

http://imageshack.com/a/img633/6250/pa5GKz.jpg

[littleroundman]

WHIO Ohio (http://www.whio.com/news/crime--law/springboro-man-accused-million-ponzi-scheme-pleads-guilty/pAzhrpiBSUnyrJgrhrjDwN/) is reporting:

http://imageshack.com/a/img923/5141/rYcnFs.png

https://vimeo.com/203665295
http://imageshack.com/a/img923/6805/sNetTd.png

You can read the original article here at WHIO.com (http://www.whio.com/news/crime--law/springboro-man-accused-million-ponzi-scheme-pleads-guilty/pAzhrpiBSUnyrJgrhrjDwN/)

[littleroundman]

In news that should send a shiver down the spine of Charlie Scoville, WCPO 9 (http://www.wcpo.com/news/local-news/campbell-county/dayton/william-apostelos-springboro-man-sentenced-to-180-months-in-prison-for-70-million-ponzi-scheme?page=2) in Cincinnati is reporting William Apestolos has been sentenced to 180 months in prison

http://imageshack.com/a/img923/192/AhzmPb.png

You can read the original article here at WCPO.com (http://www.wcpo.com/news/local-news/campbell-county/dayton/william-apostelos-springboro-man-sentenced-to-180-months-in-prison-for-70-million-ponzi-scheme?page=2)

[littleroundman]

Dayton Daily News (http://www.daytondailynews.com/news/connie-apostelos-sent-prison-for-ponzi-scheme-role/G8LIUrCNMD4phZjxP4EV3N/) is reporting:

http://imageshack.com/a/img922/1765/5w7yZp.png

You can read the original story here at daytondailynews.com (http://www.daytondailynews.com/news/connie-apostelos-sent-prison-for-ponzi-scheme-role/G8LIUrCNMD4phZjxP4EV3N/)

[littleroundman]

As was reported in June by LAW360.com (https://www.law360.com/articles/933236/ohio-atty-for-ponzi-couple-gets-14-months-for-fraud) Ohio attorney Steven Scudder, 62, of Centerville was Sentenced to 14 months prison for his part in facilitating the Genesis fraud.

http://imageshack.com/a/img924/3593/fzdD8B.png

As BEHINDMLM (http://behindmlm.com/companies/genesis-acquisitions/ponzi-lawyer-steven-scudder-liable-for-full-425030-restitution-amount/) reported this week,Senior United States District Judge of the United States District Court for the Southern District of Ohio, Thomas M Rose upheld the Pre sentence Investigation Report amount, rendering Scudder liable for



$425,030 paid jointly and severally with the related case defendant, William Apostelos

$2,688 paid jointly and severally with related case defendant,
Rebekah Fairchild
$1,699.32 paid jointly and severally with related case defendant,
Rebekah Riddell
$224,747.90 with related case defendant, Connie Apostelos



http://imageshack.com/a/img923/7820/prmp4Y.png

You can read the original report here on BEHINDMLM.com (http://behindmlm.com/companies/genesis-acquisitions/ponzi-lawyer-steven-scudder-liable-for-full-425030-restitution-amount/)