Greetings Mr. Huebner,
On this weeks BH Group call you delivered a challenge to the individuals who were calling Rudolph Coenen's integrity into question and I'm taking you up on it. Before I explain let me make one thing perfectly clear, unlike most of Rudy's critics I am not involved in the dinar scene. I do not buy them, sell them or market any dinar related services. It may seem like a strange hoby, but I'm a connoisseur of con artists and am sure Rudy is just that.
I don't recall just now what I was looking into when I first encountered Rudy but within moments of hearing him speak I knew he was a player. As I kept the interview playing in one browser window I was digging into his story in another. Needless to say his story doesn't hold together and let me show you why.
First of all his most important claim, that he was a VP at JP Morgan Chase in charge of a 500 million dollar portfolio is provably false and for more than one reason. First of all if he was working as a principle in a brokerage he would need to be licensed to do so, this is a point I'll return to but for the moment let me give you links to a couple websites. The first is
FINRA BrokerCheck and the second is the SEC's
Investment Adviser Search page. If anyone by the name Rudolph Coenen was licensed to sell securities in any of the 50 states and within the last decade, it would show up in those databases. But it doesn't.
Also, several time when relating the JPM story Rudy makes mention that he left that position in 2005 for health reasons, he needed a liver transplant. This part of the story is absolutely true, he was living in Temecula California and later moved to Florida because the availability of donor organs was much greater than in California. I've never met Rudy or Maribel but I believe you have, can you tell me if the photo accompanying
this 2005 newspaper story is indeed them? I'm quite positive it is.
I find it interesting that the story is not about a wealthy man with the sort of health insurance a VP at a major investment firm is sure to have, it's a rather touching story about a community coming together to help out an unemployed father of four. Before and after his transplant Rudy was a sub prime mortgage broker and if the housing market didn't tank he'd still be selling no doc loans.
Is that Rudy's only lie? Hardly. He postures himself as some sort of successful investment adviser, on one of your calls Mr. Emmenecker asked Rudy a transparently planned question about his financial situation. Rudy replied that he didn't need the dinar to RV that he and his family were already "quite blessed" in that regard. As to him being any sort of investment adviser you already searched for his name in the federal databases, just to touch all bases look to see if Rudy has any sort of license to sell securities or even to charge for investment advice in
the State of Florida. He isn't, is he?
OK, so he isn't a broker or investment adviser is there any reason to suspect he isn't as wealthy as he claims? Of course there is. Go to the
Duval County Clerk of courts website, Perhaps data mining isn't you strong suit, I have a lot of practice with it so let me just give you a few of the better links.
Here is his IRS tax lien, he and his wife still owe better than 22 grand for the 2007 tax year. He has a sorta
on again off again battle with foreclosure and I believe Florida is one of those states where a judge needs to sign an order before the bank can repossess a vehicle and the
6th of this month a judge did just that to Rudy. Hey, the good thing is we finally have proof of a relationship between Rudy and JP Morgan Chase, they were the bank holding the loan Rudy defaulted on.
Let me recap, Rudy never worked for JPM, he's never been licensed to sell investments of any kind and prior to finding someone to help sell his imaginary hedge fund he was close to dirt broke. Mr.Huebner let me tell you something about con artists, they make you feel good about yourself. They have that personal touch that honest sales persons would kill for, the whole Dale Carnegie deal down flat. They push the right buttons to make you feel smart and for you to feel so special that you never stop to ask important questions at the right time. Today, your professional reputation is tied tightly to one Rudolph Coenen and you don't know him nearly as well as you should.
I help run a web forum, RealScam.com. I started a discussion about you and Rudy a while ago, in case you've never seen it
you can find it here. Rudy isn't the only one I've done some digging on but honestly, I can't get a solid read on you. I'm tempted to think you might be something like a victim here. Rudy leaves a trail of slime that easy for someone like me to spot, you don't seem to. So in responding to the challenge you issued on your recent call for proof of claims against Rudy, I feel I've done that. So I'm issuing a challenge of my own. Respond to this letter publicly. I will post it in it's entirety in the discussion thread linked above and hope that you will either tell me how what I've said is incorrect or after verifying this information for yourself, what you and the BH Group will do about it.
And thank you sir for your time in reading this.
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