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For nearly ten years economic forecaster Martin Armstrong sat in a federal prison. He had not be charged with any crime. He was never given a trial. They simply arrested him, seized his life’s work, and threw away the key. Why?
Lawyers for the Republic New York Securities Corporation, the company's securities arm, pleaded guilty to two counts of securities and commodities fraud before Judge Richard C. Casey of the United States District Court in Manhattan.
In its plea, the company acknowledged that some of its employees overstated the value of assets in the accounts of Martin A. Armstrong, the New Jersey investment adviser who is awaiting trial on charges that he cheated Japanese investors. Those fake account statements covered up huge losses and allowed Mr. Armstrong to commingle client money to advance his scheme, prosecutors contend.
A grand jury indicted Mr. Armstrong in the fall of 1999, accusing him and his firm, Princeton Economics International Inc., of cheating Japanese investors out of about $750 million in the 1990's.
originally posted by: chiefsmom
a reply to: Indigent
I went digging a bit, thanks for that.
Now, do we know if his other "predictions" were really accurate?
originally posted by: shaneslaughta
Interesting. I will be following your thread discussion. Im really interested in this program. I would like some more information if possible.
originally posted by: shaneslaughta
No doubt that this is why they are releasing Fury Road in 2015.
originally posted by: Tardacus
I wonder if his other predictions also contained the words "unlikely" and "possible".
I`m not impressed by predictions that say things like, maybe,possibly,theoretically,technicaly,etc.
"For nearly ten years economic forecaster Martin Armstrong sat in a federal prison.
He had not be charged with any crime. He was never given a trial. They simply arrested him, seized his life’s work, and threw away the key. Why?
In September 1999, Armstrong faced prosecution by the Securities and Exchange Commission and the Commodity Futures Trading Commission for fraud. During the trial, Armstrong was imprisoned for over seven years for civil contempt of court, one of the longest-running cases of civil contempt in American legal history.[1] In August 2006, Armstrong pleaded guilty to one count of conspiracy to commit fraud, and began a five-year sentence
en.wikipedia.org...
On September 29, 1999, Armstrong was indicted in the United States District Court for the Southern District of New York for fraud by the Securities and Exchange Commission and the Commodity Futures Trading Commission, for having conspired with employees of Republic New York involving Japanese investors. Republic New York pleaded guilty to fraud in federal court on December 17, 2001 and agreed upon a restitution order on January 9, 2002 of $606 million.[6] Armstrong represented himself and was excluded from some proceedings, leading the Associated Press to question whether Armstrong could get a fair trial.[7] The government charged Armstrong with civil contempt and he remained in prison over 7 years for failure to surrender various assets that may have been purchased with money from the investment fund at the center of the litigation.[1][8] According to the New York Times, "Over the years, Judge Owen would revisit the contempt order every 18 months, guided by the federal statute. He repeatedly said that Mr. Armstrong was motivated by greed and was awaiting his release from jail to retrieve the $15 million that the government said was missing. According to lawyers who worked on the case in the early days, the financier’s headstrong manner irritated Judge Owen almost immediately."[9] On August 17, 2006, he pleaded guilty to one count of conspiracy.[2][10] He was sentenced on April 10, 2007, to five years in prison
Your point is?
originally posted by: InhaleExhale
originally posted by: shaneslaughta
No doubt that this is why they are releasing Fury Road in 2015.
I think its in May so it gives us a month or two to analyse the film and make preperations.
I already have my thunderdome schematics and just need another hero to help me build it
originally posted by: Grimpachi
a reply to: UnBreakable
Your point is?
Isn't that obvious?
The information you gave on him was not correct. You made it seem like he got locked up for no reason and was denied trial which isn't true.
originally posted by: UnBreakable
originally posted by: Grimpachi
a reply to: UnBreakable
Your point is?
Isn't that obvious?
The information you gave on him was not correct. You made it seem like he got locked up for no reason and was denied trial which isn't true.
"My" information came from Infowars. Your came from Wikipedia. They have the same level of credibility.