[demriolp]

https://www.sec.gov/litigation/compl...pr2018-171.pdf

From page 16.


Isn't there a name for this? Starts with a P... Pon... Pon... Ponzi?

That's exactly what it's called. lol

[mcaguru]

No big 6 ft 4 boyfriend use to own some of the strip joints in tampa...looks like Big Sexy the wrestler


Jt wanted to meet him he said

wow that's BIG!

[Karen37a]

wow that's BIG!

come on Marcus you heard the story of the guy coming at me with scissors, because his 10 stacked 400 credit score deal was denied and my boyfriend lifting him up with a pencil in his nose to leave the office


( since the fuzz is watching us...this is a joke LOL)

add... wait...I forgot ...there are consolidations !!

[mcaguru]

come on Marcus you heard the story of the guy coming at me with scissors, because his 10 stacked 400 credit score deal was denied and my boyfriend lifting him up with a pencil in his nose to leave the office


( since the fuzz is watching us...this is a joke LOL)

add... wait...I forgot ...there are consolidations !!

is that a teaser story on your book to come ?

[capaxess]

https://www.sec.gov/litigation/compl...pr2018-171.pdf

From page 16.


Isn't there a name for this? Starts with a P... Pon... Pon... Ponzi?

Or maybe, um....Fraud??

[mcaguru]

Or maybe, um....Fraud??

sean is correct back in 2009 the following took place :

https://www.justice.gov/usao-edny/pr...s-imprisonment

https://libn.com/2011/10/14/cosmo-se...-ponzi-scheme/


https://www.fbi.gov/contact-us/field...e-ponzi-scheme

[Karen37a]

is that a teaser story on your book to come ?

no books for me


Someone else can stand on stage...I'm just going to dial..close deals

look at this article

How to work remotely from a new exotic city each month. I would guess if you are good in sales you have a laptop and a headset and can travel..pop up close 250k ...leave...pop on, pop off

https://www.wsj.com/articles/how-to-...nth-1535558855

[jdlaw]

I actually did that for a while. Thanks to laptops, the cloud, ringcentral, PO Box rentals that look like addresses, bluetooth headsets, acrobat pro dc, etc.

Weren't exactly "exotic" cities, more like Memphis, Atlanta, Chicago, New Orleans, etc.

Very had to stay focused though. That's why I'm back in the cage...er I mean office

[Karen37a]

I actually did that for a while. Thanks to laptops, the cloud, ringcentral, PO Box rentals that look like addresses, bluetooth headsets, acrobat pro dc, etc.

Weren't exactly "exotic" cities, more like Memphis, Atlanta, Chicago, New Orleans, etc.

Very had to stay focused though. That's why I'm back in the cage...er I mean office

me too...Griiiiiiinddddd iit outtttt $$$$ hitting a gong : )

[WestCoastFunding]

Hit a bong instead.

[jdlaw]

West is correct, you hit a bong, but you bang a gong. (nod to T. Rex)

[Karen37a]

https://www.wsj.com/articles/sec-acc...ors-1535588221

Porns invisible man is starting to make the big league newspapers...no shot in hell they are not making an American greed story on him

[Karen37a]

making the correlation to Regulation again

Lawyers come out of the woodwork...that's why they are called "ambulance chasers"

Had people regulated ...they would have swooped in on everyone for usury and debt relief...breach of Fiduciary Duty...it would have been a slaughter

a massive slaughter...and I didn't appreciate people making up stories about me not being able to get a licence because I tried to block it


And if people did it ...west coast and I ... a few others..would have been left on the daily funder...like a world war 3 nuclear bomb went off
bye

And just for all the smarty pants Regulation guys ( not Karen talking to herself)

if they decide that thse are Usurious Loans...predatory lending ( because these people are predatory in everything else)

People can be charged with Criminal usuary a felony in the 3rd degree

Actions against people and punitive damages ( then the commissions will be returned)

__

Do not think the Debt Relief people are not coming for them debt relief lawyers...because they are.....heads up.

Glad I am not fighting them off my cash advances and loans anymore
____

Add*

And I explained to people before that as long as everything is cooley wow people will follow along with non-productive dumb arses...as soon as danger approaches the Top producers will break ranks...and the Top soliders will get out and front and lead the troops into safty.
not follow some guy who has never been in a battle before...because now their lives on the line ( thats when you see the real leaders emerge from the pack)

Just like an office where there is a 90 day draw...on the 91st day they are walking over to the top producer saying " can I take you to lunch to figure out what you are doing"

[WestCoastFunding]

And just for all the smarty pants Regulation guys ( not Karen talking to herself)

if they decide that thse are Usurious Loans...predatory lending ( because these people are predatory in everything else)

Dammit, Karen, you’re talking to yourself.

[Karen37a]

Dammit, Karen, you’re talking to yourself.

yep

Everyone better duck... I know I am clear...see you

[jdlaw]

Maybe it's just me, but how does the purchase of a forward receivable asset fall under usary laws?

[Karen37a]

Maybe it's just me, but how does the purchase of a forward receivable asset fall under usary laws?

It doesnt...that doesn't stop them for try to assert that as a defence or offence

and no one knows how their contracts were written etc.. we obviously know these people had investment contracts that looked like Indian land purchases

[Karen37a]

2 Brokers who I terminated for cause 2 years ago were sending deals in their and to another Florida funder

I bet they are singing like a canary... the only thing they can say about me is "she drank too much coffee"

Their old employer should be nervous too

[jdlaw]

Karen, I was being a tad facetious.

[Karen37a]

Karen, I was being a tad facetious.

I know...tired of the bs crap from others not you...acting like they are mr so and so ...but they cant close a sale

[NoBigDeal]

This is like the 10th time you've asked. You do business with them? Why you so worried?

Was seriously thinking the same thing...

[NoBigDeal]

Your potential damage as an ISO is if you syndicate with funders who refer to you as “unsophisticated retail syndicators” and use your money for operating expenses.

Or just simply syndicating with a Funder who doesn't know how to Underwrite and the money gets lost in a pool of defaulted deals

[NoBigDeal]

Why are they so bothered by the "Mercedes benz" lease? it mentions 4 times that "Ruderman used investors funds for his own purpose, like paying for a Mercedes benz"

I wonder if that Mercedes was received from the $40 mil advance he gave the auto dealer in Cali, but they still made Ruderman pay the month lease hahaha

[NoBigDeal]

Yep, the flight to the more stable funders.

Curious to know who's considered a stable Funder? Not looking for names of Funders, more-so the qualities that would determine a "stable Funder"

[Nunya]

Curious to know who's considered a stable Funder? Not looking for names of Funders, more-so the qualities that would determine a "stable Funder"

Here's what I look for for in stable funders.
1. Long time in business. Not some pop up shop/flavor of the week funder. Everybody's a funder now, don't you know?
2. Where do they get their capital? The legit big guys press release their capital raises. If they disclose who's lending to them, that's a good sign they've gone through diligence/audits.
3. Reasonable offers. I never worked with 1st Global but heard they were writing some questionable paper. If the offers don't make sense, that funder won't be making offers for very long.