Got My Response
Dear Mr. xxxxxx –
I can assure you that the SEC case was not delayed by or because of a civil case brought by Mr. Shinners. The reasons for the delay in the SEC’s case against Mr. Garza are confidential, but that delay is at an end. Yesterday, Mr. Garza answered the SEC’s complaint and asserted his 5th Amendment right against self-incrimination as a result of a criminal investigation by the US Attorney’s Office in the District of Connecticut. The next step in the SEC’s case against Mr. Garza is that the court will hold a scheduling conference and the parties will conduct discovery.
The SEC has also filed a motion with the court seeking a judgment against the two companies we sued, Gaw Miners and Zen Miner, in the amount of about $10.3 million. We are waiting for a decision from the court on that motion. If we obtain the judgment we have requested, we will attempt to execute on that judgment and find assets that still belong to the companies to distribute to the investors. At the moment, we are not aware of substantial assets to return.
Please let me know if you have other questions.
- Kathy Shields
Kathleen Burdette Shields
U. S. Securities and Exchange Commission
Boston Regional Office
33 Arch St., 24th Floor
Boston, MA 02110
Telephone: (617) 573-8904
Facsimile: (617) 573-4590
[email protected]
Topic: GAW / Josh Garza discussion Paycoin XPY xpy.io ION ionomy. ALWAYS MAKE MONEY :) - page 114. (Read 3377790 times)
February 08, 2017, 12:26:43 PM
February 08, 2017, 02:50:34 AM
Finally! Homero responds to the SEC.
SEC must have taken truckinusa's letter yesterday to heart
Quote
Tuesday, February 07, 2017
36 Answer to Complaint Tue 2:13 PM
ANSWER to Complaint by Homero Joshua Garza.(Peerce, Marjorie)
36 Answer to Complaint Tue 2:13 PM
ANSWER to Complaint by Homero Joshua Garza.(Peerce, Marjorie)
EDIT: Hmm, sounds like criminal case may be next
February 08, 2017, 12:46:06 AM
Finally! Homero responds to the SEC.
SEC must have taken truckinusa's letter yesterday to heart
Quote
Tuesday, February 07, 2017
36 Answer to Complaint Tue 2:13 PM
ANSWER to Complaint by Homero Joshua Garza.(Peerce, Marjorie)
36 Answer to Complaint Tue 2:13 PM
ANSWER to Complaint by Homero Joshua Garza.(Peerce, Marjorie)
February 07, 2017, 06:04:47 PM
Nobody probably cares if he sits in prison for 5 years.
lots of scammed folk may disagree with that.
money is just money (although any recovered from fines/repayment would sure help the victims). prison would suck. a LOT. might make some wannabe scammers pause. well, for a moment anyway.
ps i didnt go anywhere near gaw stuff and i would like to see him in jail. plus a nasty fine.
Agreed!
There won't be any funds returned, even if Garbanzo pays a huge fine, which he'll spend the rest of his life avoiding.
5+ years in prison would be a good start, IMHO.
February 07, 2017, 03:04:18 PM
Nobody probably cares if he sits in prison for 5 years.
lots of scammed folk may disagree with that.
money is just money (although any recovered from fines/repayment would sure help the victims). prison would suck. a LOT. might make some wannabe scammers pause. well, for a moment anyway.
ps i didnt go anywhere near gaw stuff and i would like to see him in jail. plus a nasty fine.
If courts just send him to jail that means the investors lost their Money and josh stays in jail for 5 years and get away with millions of dollars. I am almost sure that he must have some cash saved up somewhere after this much scamming. Where did all that money go? I think scaring him with a bigger deal and than make him accept paying back would be better.
February 06, 2017, 09:50:31 PM
Nobody probably cares if he sits in prison for 5 years.
lots of scammed folk may disagree with that.
money is just money (although any recovered from fines/repayment would sure help the victims). prison would suck. a LOT. might make some wannabe scammers pause. well, for a moment anyway.
ps i didnt go anywhere near gaw stuff and i would like to see him in jail. plus a nasty fine.
February 06, 2017, 03:44:44 PM
Nobody probably cares if he sits in prison for 5 years.
lots of scammed folk may disagree with that.
money is just money (although any recovered from fines/repayment would sure help the victims). prison would suck. a LOT. might make some wannabe scammers pause. well, for a moment anyway.
ps i didnt go anywhere near gaw stuff and i would like to see him in jail. plus a nasty fine.
February 06, 2017, 12:55:05 PM
Perfect!
Even says it on their about page:
https://www.sec.gov/about/whatwedo.shtml
You as a victim have a right to know what is going on.
Family friend did a very similar scam about 15 years ago. Google 'nutrition super stores.' It got him a slap on the wrist and a $100,000 fine. I just don't have much confidence any money will be returned, but that would be the ultimate satisfaction for most people. Nobody probably cares if he sits in prison for 5 years.Even says it on their about page:
https://www.sec.gov/about/whatwedo.shtml
Quote
Introduction
The mission of the U.S. Securities and Exchange Commission is to protect investors, maintain fair, orderly, and efficient markets, and facilitate capital formation.
The mission of the U.S. Securities and Exchange Commission is to protect investors, maintain fair, orderly, and efficient markets, and facilitate capital formation.
You as a victim have a right to know what is going on.
February 06, 2017, 12:49:19 PM
Perfect!
Even says it on their about page:
https://www.sec.gov/about/whatwedo.shtml
You as a victim have a right to know what is going on.
Even says it on their about page:
https://www.sec.gov/about/whatwedo.shtml
Quote
Introduction
The mission of the U.S. Securities and Exchange Commission is to protect investors, maintain fair, orderly, and efficient markets, and facilitate capital formation.
The mission of the U.S. Securities and Exchange Commission is to protect investors, maintain fair, orderly, and efficient markets, and facilitate capital formation.
You as a victim have a right to know what is going on.
February 06, 2017, 12:43:45 PM
fired it off:
I am a victim of Homero Garza 3:15-cv-01760. I lost $1500 in the hashlet scam orchestrated by Homero Garza, Stuart Fraser and Gaw Miners. I have been monitoring the SEC case since day one and have noticed that there are continuous extensions in this case that coincide with extensions in the civil lawsuit brought by Allen Shinners and his attorneys. I may be wrong, but this appears to be the case. There are many more victims besides myself that would like to see justice in this case. Is it normal to delay a SEC action to in order to ascertain the outcome of a civil case? I am just confused by all this and would like to see my money returned as soon as possible. Any information you can provide would be appreciated.
Like I've said before. These things can take 4 to 5 years sometimes. I heard the Obama administration did things to speed these cases up and prosecute more cases but it doesn't appear to have helped in this case. I doubt the SEC is going to show me their hand, but it is probably good to at least let them know I exist.
I am a victim of Homero Garza 3:15-cv-01760. I lost $1500 in the hashlet scam orchestrated by Homero Garza, Stuart Fraser and Gaw Miners. I have been monitoring the SEC case since day one and have noticed that there are continuous extensions in this case that coincide with extensions in the civil lawsuit brought by Allen Shinners and his attorneys. I may be wrong, but this appears to be the case. There are many more victims besides myself that would like to see justice in this case. Is it normal to delay a SEC action to in order to ascertain the outcome of a civil case? I am just confused by all this and would like to see my money returned as soon as possible. Any information you can provide would be appreciated.
Like I've said before. These things can take 4 to 5 years sometimes. I heard the Obama administration did things to speed these cases up and prosecute more cases but it doesn't appear to have helped in this case. I doubt the SEC is going to show me their hand, but it is probably good to at least let them know I exist.
February 06, 2017, 12:18:31 PM
You're a victim of Homero Graza (court case #) and have been monitoring your (the SEC) case religiously since day one and note now that since a second case (Shinner's Civil Suit) recently came about, that you (the SEC) seem to be continually accepting Homero Garza's requests for extensions. There are many of us who anxiously await justice but cannot help worrying whether you will ever prosecute him. Are these two case related? These continuous delays and extensions seem to appear related to this civil lawsuit currently underway. Is this the normal course of action for the SEC, to accommodate a defendant in a private lawsuit while thousands of victims sit awaiting justice from you on our behalf?
Something like that
...basically what the fuck are you people doing, thousands of us lost thousands of dollars and we were relying on you to do your jobs representing us in seeking justice, yet it appears nothing is going on and you're blindly accepting his bullshit lies and keep giving him an extension everytime he asks for one.
Something like that
...basically what the fuck are you people doing, thousands of us lost thousands of dollars and we were relying on you to do your jobs representing us in seeking justice, yet it appears nothing is going on and you're blindly accepting his bullshit lies and keep giving him an extension everytime he asks for one. February 06, 2017, 12:00:44 PM
Well it is Homero's big day tomorrow (again )
No action on the Shinner's Show other than default judgements against Chairman Stu and General Manager Homero's 50:50 companies Zen and Gaw:
Nothing about continuing or dismissing the lawsuit itself.
So what will the SEC and their judge do tomorrow? Allow another extension? Shouldn't "the people" the SEC is supposed to represent have a say in the matter? You know like, why are to continuing to cater to this piece of shit while we "the people" still seek justice.
Someone directly affected care to ask them?
)Quote
Securities and Exchange Commission v. Garza et al
Request an Extension of Stay until 2/7/2017.
Request an Extension of Stay until 2/7/2017.
No action on the Shinner's Show other than default judgements against Chairman Stu and General Manager Homero's 50:50 companies Zen and Gaw:
Quote
ORDER granting Motion for Default Entry 55(a) as to GAW and Zenminer Motion for default judgment due by 3/1/2017.
Nothing about continuing or dismissing the lawsuit itself.
So what will the SEC and their judge do tomorrow? Allow another extension? Shouldn't "the people" the SEC is supposed to represent have a say in the matter? You know like, why are to continuing to cater to this piece of shit while we "the people" still seek justice.
Someone directly affected care to ask them?
Quote
Represented by U.S. Attorney's Office-NH
LEAD ATTORNEY, John B. Hughes john.hughes@ usdoj.gov
Represented by United States Securities and Exchange Commission
LEAD ATTORNEY, Kathleen Burdette Shields shieldska@ sec.gov
LEAD ATTORNEY, John B. Hughes john.hughes@ usdoj.gov
Represented by United States Securities and Exchange Commission
LEAD ATTORNEY, Kathleen Burdette Shields shieldska@ sec.gov
Lost $1500 myself. What should I ask them?
February 06, 2017, 11:26:50 AM
Well it is Homero's big day tomorrow (again )
No action on the Shinner's Show other than default judgements against Chairman Stu and General Manager Homero's 50:50 companies Zen and Gaw:
Nothing about continuing or dismissing the lawsuit itself.
So what will the SEC and their judge do tomorrow? Allow another extension? Shouldn't "the people" the SEC is supposed to represent have a say in the matter? You know like, why are to continuing to cater to this piece of shit while we "the people" still seek justice.
Someone directly affected care to ask them?
)Quote
Securities and Exchange Commission v. Garza et al
Request an Extension of Stay until 2/7/2017.
Request an Extension of Stay until 2/7/2017.
No action on the Shinner's Show other than default judgements against Chairman Stu and General Manager Homero's 50:50 companies Zen and Gaw:
Quote
ORDER granting Motion for Default Entry 55(a) as to GAW and Zenminer Motion for default judgment due by 3/1/2017.
Nothing about continuing or dismissing the lawsuit itself.
So what will the SEC and their judge do tomorrow? Allow another extension? Shouldn't "the people" the SEC is supposed to represent have a say in the matter? You know like, why are to continuing to cater to this piece of shit while we "the people" still seek justice.
Someone directly affected care to ask them?
Quote
Represented by U.S. Attorney's Office-NH
LEAD ATTORNEY, John B. Hughes john.hughes@ usdoj.gov
Represented by United States Securities and Exchange Commission
LEAD ATTORNEY, Kathleen Burdette Shields shieldska@ sec.gov
LEAD ATTORNEY, John B. Hughes john.hughes@ usdoj.gov
Represented by United States Securities and Exchange Commission
LEAD ATTORNEY, Kathleen Burdette Shields shieldska@ sec.gov
February 02, 2017, 10:02:07 PM
Re-published today by the VT Digger, Bob Audette's article:
https://vtdigger.org/2017/02/02/defendant-calls-dismissal-gaw-miners-bitcoin-lawsuit/
This fraud was made possible by the cash and the references he made to being backed by Fraser. If Fraser was not in the picture he would not have pulled it off. He barely pulled it off with his help. I'm guessing he had an allowance for being Fraser's sex toy. The business advice was just offered as a part of the friendship.
Good to see the Garbanzo's feet to the fire, at least in the realm of public opinion.
"Keep Shame Alive!"
https://vtdigger.org/2017/02/02/defendant-calls-dismissal-gaw-miners-bitcoin-lawsuit/
This fraud was made possible by the cash and the references he made to being backed by Fraser. If Fraser was not in the picture he would not have pulled it off. He barely pulled it off with his help. I'm guessing he had an allowance for being Fraser's sex toy. The business advice was just offered as a part of the friendship.
Good to see the Garbanzo's feet to the fire, at least in the realm of public opinion.
"Keep Shame Alive!"
February 02, 2017, 09:21:07 PM
Re-published today by the VT Digger, Bob Audette's article:
https://vtdigger.org/2017/02/02/defendant-calls-dismissal-gaw-miners-bitcoin-lawsuit/
Good to see the Garbanzo's feet to the fire, at least in the realm of public opinion.
"Keep Shame Alive!"
https://vtdigger.org/2017/02/02/defendant-calls-dismissal-gaw-miners-bitcoin-lawsuit/
Good to see the Garbanzo's feet to the fire, at least in the realm of public opinion.
"Keep Shame Alive!"
January 30, 2017, 01:15:05 AM
QUICK!!! FLUSH the Evidence, Homero!
Kiss Your Hash Goodbye!
via Iron Troll http://www.irontroll.com/2015/05/kiss-your-hash-goodbye-gaw-miners-sold.html
How did I miss this web site, until now??
Where is that LMAO emoji??
Oh,here it is
January 29, 2017, 07:08:04 PM
QUICK!!! FLUSH the Evidence, Homero!
Kiss Your Hash Goodbye!
via Iron Troll http://www.irontroll.com/2015/05/kiss-your-hash-goodbye-gaw-miners-sold.html
How did I miss this web site, until now??
January 25, 2017, 05:06:52 PM
Order was granted to continue to stay Homero's SEC case. But look how short it is.
Now what does that mean? Was his lawyer begging the judge "just a couple more weeks please" or did she ask for 30 days, 60 days and the judge is pissed off now and only gave them 2 weeks? If she requested this short period what does she know about the Shinner's case? Either she begged for this short time in order not to piss him off, with the intention in two weeks to beg again if necessary, or the judge has had enough. Not much use to Homero if that is the case.
Quote
Tuesday, January 24, 2017
35 order Order on Sealed Motion Tue 12:28 PM
ORDER granting33 Sealed Motion Seal Motion to Request an Extension of Stay until 2/7/2017. Signed by Judge Jeffrey A. Meyer on 1/24/2017. (Gutierrez, Y.)
34 order Order on Sealed Motion Tue 12:25 PM
ORDER granting32 Sealed Motion to Request An Extension of Stay. Signed by Judge Jeffrey A. Meyer on 1/24/2017. (Gutierrez, Y.)
35 order Order on Sealed Motion Tue 12:28 PM
ORDER granting33 Sealed Motion Seal Motion to Request an Extension of Stay until 2/7/2017. Signed by Judge Jeffrey A. Meyer on 1/24/2017. (Gutierrez, Y.)
34 order Order on Sealed Motion Tue 12:25 PM
ORDER granting32 Sealed Motion to Request An Extension of Stay. Signed by Judge Jeffrey A. Meyer on 1/24/2017. (Gutierrez, Y.)
TWO WEEKS
January 25, 2017, 04:54:50 PM
Scott Fargo, is the "editor-in-chief" of BITCOIN.COM!!!! https://www.bitcoin.com/
Wasn't this Garza's gazillion-dollar/bitcoin BTC site?
Wasn't this Garza's gazillion-dollar/bitcoin BTC site?
No he 'bought' btc.com for "ONE MILLION DOLLARS!!1!!!!!11!!"
Except, of course, he didn't.
That means disreputable Scott Fargo works for Roger Ver, as his Editor on the site.
HAS THE WORLD GONE MAD?
!!!!!111111 January 25, 2017, 12:41:41 PM
More than likely she simply told the judge they expect the other judge to decide whether to dismiss or proceed with the Shinner's case and needs only 2 weeks. If dismissed then proceed with the SEC if not, she will need to ask for a continued stay. I think.
In better news Homero wins another accolade!!!
In better news Homero wins another accolade!!!
Quote
https://themerkle.com/top-3-scamcoins-giving-cryptocurrency-a-bad-name/
Top 3 Scamcoins Giving Cryptocurrency a Bad Name
The cryptocurrency world has seen its fair share of scams, Ponzi Schemes, and other programs where people lost a lot of money. Some of those projects will always stand out, mostly due to their sheer size. Interestingly enough, some scam coins have made an impact on the ecosystem as well. Only one of the currencies listed below is still in operation today, and they are being scrutinized by law enforcement agencies as we speak.
#3 The Billion Coin
With a name such as The Billion Coin, it is not hard to see why this cryptocurrency has been labeled as a scam. This Ponzi Scheme advertised itself earlier in 2016 as the biggest cryptocurrency, even dethroning bitcoin. As one would come to expect from this malicious schemes, The Billion Coin claims its value will always go up. TBC mainly targets users in Indonesia, and a lot of innocent people fall victim to this scheme.
However, with no source code – hence no currency to speak of – and no whitepaper – it becomes evident this project is selling nothing but hot air. There is no development roadmap either, indicating there is no one developing this project. Even the block explorer seems suspicious, which is not surprising considering there is no technology powering this scam. Moreover, it is not possible to exchange The Billion Coin anywhere, as no exchange wants to list it.
#2 PayCoin
Everyone in the cryptocurrency world has heard of PayCoin, an infamous cryptocurrency scheme operated by Homero Joshua Garza. PayCoin portrayed itself as a global currency that could compete with bitcoin, yet never lived up to that expectation. Mining Paycoin could only occur through the company’s proprietary cloud mining platform, called Zenminer.
GAW Miners, the company operating Zenminer and PayCoin, once claimed a US$8m investment was made in the platform, but that information was completely bogus. Things unraveled for Paycoin once Zenminer started attracting a lot of money, eventually leading to all withdrawals being suspended indefinitely. All platforms who listed PayCoin for trading purposes promptly removed XPY shortly afterward. It remains unclear how much money has been lost due to the PayCoin scam to this very day.
#1 OneCoin
When talking about cryptocurrency scams, one should look no further than OneCoin. Similarly to The Billion Coin, OneCoin has no technological infrastructure, no development, and no white paper. This entire ecosystem is created out of thin air, yet it continues to attract investments from unknowing consumers all over the world.
Thankfully, OneCoin is meeting a lot of resistance from various governments all over the world. The London Police is actively investigating this pyramid scheme. Plus, Italy has banned OneCoin activity due to an ongoing fraud investigation. Bringing down this scheme once and for all could be challenging, but things are heading in the right direction.
Top 3 Scamcoins Giving Cryptocurrency a Bad Name
The cryptocurrency world has seen its fair share of scams, Ponzi Schemes, and other programs where people lost a lot of money. Some of those projects will always stand out, mostly due to their sheer size. Interestingly enough, some scam coins have made an impact on the ecosystem as well. Only one of the currencies listed below is still in operation today, and they are being scrutinized by law enforcement agencies as we speak.
#3 The Billion Coin
With a name such as The Billion Coin, it is not hard to see why this cryptocurrency has been labeled as a scam. This Ponzi Scheme advertised itself earlier in 2016 as the biggest cryptocurrency, even dethroning bitcoin. As one would come to expect from this malicious schemes, The Billion Coin claims its value will always go up. TBC mainly targets users in Indonesia, and a lot of innocent people fall victim to this scheme.
However, with no source code – hence no currency to speak of – and no whitepaper – it becomes evident this project is selling nothing but hot air. There is no development roadmap either, indicating there is no one developing this project. Even the block explorer seems suspicious, which is not surprising considering there is no technology powering this scam. Moreover, it is not possible to exchange The Billion Coin anywhere, as no exchange wants to list it.
#2 PayCoin
Everyone in the cryptocurrency world has heard of PayCoin, an infamous cryptocurrency scheme operated by Homero Joshua Garza. PayCoin portrayed itself as a global currency that could compete with bitcoin, yet never lived up to that expectation. Mining Paycoin could only occur through the company’s proprietary cloud mining platform, called Zenminer.
GAW Miners, the company operating Zenminer and PayCoin, once claimed a US$8m investment was made in the platform, but that information was completely bogus. Things unraveled for Paycoin once Zenminer started attracting a lot of money, eventually leading to all withdrawals being suspended indefinitely. All platforms who listed PayCoin for trading purposes promptly removed XPY shortly afterward. It remains unclear how much money has been lost due to the PayCoin scam to this very day.
#1 OneCoin
When talking about cryptocurrency scams, one should look no further than OneCoin. Similarly to The Billion Coin, OneCoin has no technological infrastructure, no development, and no white paper. This entire ecosystem is created out of thin air, yet it continues to attract investments from unknowing consumers all over the world.
Thankfully, OneCoin is meeting a lot of resistance from various governments all over the world. The London Police is actively investigating this pyramid scheme. Plus, Italy has banned OneCoin activity due to an ongoing fraud investigation. Bringing down this scheme once and for all could be challenging, but things are heading in the right direction.
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