The five or six that you think are your supporters are actually trolling me for something from ten years ago.
————
You are guilty of the same, trying continuously to smear Martin Armstrong a legendary forecaster for an injustice by the New York “ justice “ system to him 25 years ago…..ask President Trump about the NY court system.
In any case, your smearing is not working, Martin Armstrong is now one of the most sought after guest speakers worldwide.
Your hate is on display, do remember, hate is destroying you. Carry on.
“You are guilty of the same, trying continuously to smear Martin Armstrong a legendary forecaster for an injustice by the New York “ justice “ system to him 25 years ago…..ask President Trump about the NY court system.”
ROTFLMAO! ARMSTRONG left a damning paper trail and pleaded guilty. The case was rock solid against him.
From in or about 1992 to in or about
1999, MARTIN A. ARMSTRONG received account
statements, first from Prudential and later from
Republic Securities, for each of the PGM accounts.
ARMSTRONG manufactured his own version of PGM account
statements for the investors, which he generally sent
to Cresvale-Tokyo to convert into a Japanese format
and forward to the Japanese investors. In the
account statements he prepared, ARMSTRONG misled the
investors by failing to disclose the actual trading
losses in their accounts, misrepresenting the net
asset value of their accounts, and in some instances
by providing account statements for accounts that he
never opened, having instead transferred the
investors’ money directly into a PEIL operating
account, or to another investor to repay that
investor’s Note. In addition, the account statements
ARMSTRONG manufactured and caused to be sent to the
investors falsely represented that he was entitled to
millions of dollars in management fees and
performance fees to which, as he well knew, he was not entitled in light of his dismal trading
performance and the shrinking value of the Investor
accounts.
“Your hate is on display, do remember, hate is destroying you. Carry on.”
False assertion. I have no hate for you. I just want the readers to understand you.
“Martin Armstrong is now one of the most sought after guest speakers worldwide.”
So widely sought after he has to pay to det on their podcasts and websites.
“You are guilty of the same, trying continuously to smear Martin Armstrong”
I just post facts. It is up to the readers to evaluate those facts and compare them to your posts.
“In any case, your smearing is not working,”
You now have ZERO advocates here. I don’t know how much you are paying but I bet your cash flow is negative.
“for an injustice by the New York “ justice “ system to him 25 years ago….”
GEMINI
Based on the information available, Martin Armstrong’s financial losses and legal troubles stemmed from a scheme that involved:
* Fraudulent activities:
* He engaged in risky and speculative trading, concealing the resulting losses from investors.
* He made misrepresentations to investors to hide these losses.
* He commingled funds from different investors.
* He used funds from newer investors to pay off older ones, resembling a Ponzi scheme.
* He misappropriated investor funds.
* Specifically:
* He collected money from Japanese investors, and improperly mixed those funds with other investor’s money.
* He then used newer investors money to cover losses he had incurred while trading.
* He also had help from the Republic New York Corporation, that produced false account statements.
* The result:
* These actions led to investor losses exceeding $700 million.
* This lead to his arrest, and conviction.
In essence, his losses were the result of fraudulent financial practices that resulted in the loss of investor’s funds.