AnonyMary
Formerly Fooled - Finally Free
Kudos to Mike Laws Re: Frank Pate Federal Indictment on wire fraud charges
Tony Ortega reports today. Docs included. Kudos to Mike Laws for helping expose this con and assisting in getting it investigated by the federal government.
Former Scientologist indicted in financial scheme that victimized other ex-church members
Thanks, Mike, for alerting people about this guy.
http://www.forum.exscn.net/showthre...y-and-Question&p=534585&viewfull=1#post534585
Tony Ortega reports today. Docs included. Kudos to Mike Laws for helping expose this con and assisting in getting it investigated by the federal government.
Former Scientologist indicted in financial scheme that victimized other ex-church members
Thanks, Mike, for alerting people about this guy.
8th February 2011, 07:44 PM #259
Mike Laws
Wowza!!! Whata thread!!
There are several things here I need to respond to, each major subject will be a different post.
First, on the currency trading and source of "data" to Dexter. I took some time to consider the whole thing and the perspectives here. Some is solid information, some is speculation. The nature of the dealings I had with him are solid information, backed by dox, the intent of his actions are speculative. It all happened between 2003 and 2004.
I can see no profit motive for him to stir up Dexter, so will assume they are buds and one bud telling another bud about how bad and evil this other dude is. People can get pretty excitable and run some amazing tangents ... i.e. Infinite (lay off the Java dude!!). I will give good ol’ Dex the benefit of the doubt and consider he was over excited about this fountain of inside information and considering himself now in the know, decided to help protect his friends from the evil one.
I am certain Dexter’s "friend" is a man by the name of:
Frank Pate, AKA
Frank Edwin Pate
Franklin Pate
Frank E Pate
F.E. Pate
and some other combinations I don't recall. His company names were mostly based around the names Infinity, he loved the word. Infinity Investing LLC, Infinity Group of companies, Infinity GP Replicast Racing, Infinity Marine, Infinity etc.
Law suits against Frank Pate are for Infinity Investing, LLC.
He started moving companies over to his wife’s name; any one who wants that can do the leg work to figure out her name, I have no beef with her. She is also specifically named in the suit.
My involvement with him was investing money for investing, believing he had a company and was a licensed broker/trader. Turns out he had nothing more than a shell, no legal, no accounting, no QC. I believe but can not prove either way that he was or not trading through a personal FOREX account, I saw no documents or evidence he was actually trading, though assumed he was, until the end where he couldn't give me the money back. This occurred early 2003 and I didn't get the money back until some time in 2004 (I forgot about the drama involved!). Fortunately I have found the entire file with email, which I am turning over to my attorney to take any appropriate action.
The interesting point, reviewing documents was that for most of a year, profit was made some months, of which he took half, and then subsequent months would loose all profits, then they would build up, he took half, then all lost again. Out fight for me to recover just my principle was pretty brutal, by that point I didn't care about profits or use of funds for a year.
Beyond that I am taking no further action. This post will show up on Google with his name, leading to me if anyone has questions. If their attorneys are serious, or the FEDS are serious, they can easily find me. My attorney can do anything further he sees fit to look after my interests.
I am done on this part.
http://www.forum.exscn.net/showthre...y-and-Question&p=534585&viewfull=1#post534585