fung_derf
5 days ago
From time to time I find myself wandering down rabbit holes. Looking back on all the PCBM/CMKX mess has brought me around to here. The last interesting posts on this board was about 16 years ago and it's all still somewhat of an incomplete mystery.
I recall years back, a poster shorted this stock for a week or so and made quite a bit of money doing it. I also tried it, but instead, Wells Fargo didn't like me being 2 million shares short on anything, and gave me a margin call for $2 BILLION dollars, or the option to cancel my position. Being that I didn't quite have enough to cover the margin call, I reversed the trade (which should have paid me out for the short). It's actually the one and only time I've ever shorted a stock. Nonetheless, enough of my issues.....so the last few days I've tried to find a Sib Almaz, and as many of you had noted, no such person exists.....I did find the translation for Almaz being diamonds in Russian, so searched out anything with Sib Almaz and the closest thing was Siberian Diamonds, which DOES seem to be a very legit company, so I started wondering if this company was scammed, or more like a GBDX puzzle. Today I did find this below.....
Sib Almaz Assumes Management of Global Diamonds' 46th Street Office
June 11 2007 - 2:48PM
PR Newswire (US)
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NEW YORK, June 11 /PRNewswire-FirstCall/ -- Sib Almaz, the potential merger/take-over candidate of Global Diamond Exchange, Inc. (OTC:GBDX) is in the process of renovating and restructuring the office that Global Diamond Exchange currently occupies at 2 West 46th street, taking advantage of the historically slow summer months in the industry in order to be ready for the up-coming season. The process has already started with new furniture, fixtures, and equipment having been ordered. Global Diamond Exchange will use alternate secure storage facilities for inventory during the remodeling period. Sib Almaz has also requested their personnel be added to Global's Management team for oversight and assistance in making sure that this and any future transactions proceed smoothly. Global is in the process of formalizing these additions. Sib Almaz has also announced the opening of a regional office in Moscow at 46 Leninsky Prospect which will be operational after the Russian Federal Holidays on Wednesday, June 13, 2007. The buyout/merger details are still being negotiated, and there are still no guarantees a transaction will be finalized. Attorneys are currently working out the details; once more information is given to us from the attorneys it will be made public. About Global Diamond Exchange: Global Diamond Exchange originally opened their office on 2 West 46th street in the heart of the New York's Diamond District. After several years of operation at their New York office the company decided to shut down the operation due to low pricing and soft demand in North America. The company concentrated its efforts on exporting cut diamonds from the Russia Federation and European locations. The new company has reopened its sales offices in the original building ready to take on the increased demand for fine quality diamonds. NOTE: Safe Harbor for Forward-Looking Statements. This press release contains forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995 (the "Act"). In particular, when used in the preceding discussion, the words "plan," "confident that," "believe," "scheduled," "expect," or "intend to," and similar conditional expressions are intended to identify forward-looking statements within the meaning of the Act and are subject to the safe harbor created by the Act. Such statements are subject to certain risks and uncertainties and actual results could differ materially from those expressed in any of the forward-looking statements. Such risks and uncertainties include, but are not limited to, the ability of the Company to complete the planned bridge financing, market conditions, the general acceptance of the Company's products and technologies, competitive factors, timing, and other risks described in the Company's SEC reports and filings. DATASOURCE: Global Diamond Exchange CONTACT: Alex Livak, +1-347-813-4664, , for Global Diamond Exchange; or Andre Rumiansev of Sib Almaz, +7903 549 5906 (Beginning Wednesday, June 13, 2007)
Copyright
This says OF Sib Almaz, which implies its a company name and not individual, which explains why Sib never existed.
I researched Andre Rumiansev and didn't really find anyone that might fit this puzzle, but I did come across an Andrey Rumyantsev, in reading his Linkedin page, I'd be questioning his legitimacy (not saying he's a scammer, but.....)
https://www.linkedin.com/posts/andreyrumyantsev_you-can-make-big-money-in-any-field-there-activity-7222102523191414784-kLjv
Anyway, I'm fully aware this was all a scam.....was never completely sure if Turino was working WITH the Russian Mob, or against them?
BTW, when I Google 46 Leninsky Prospect in Moscow, this is what comes up
https://www.google.com/maps/@55.7019086,37.5646596,3a,75y,332.8h,90t/data=!3m7!1e1!3m5!1sA7wd_VL01F0yfr8dhCh3JA!2e0!6shttps:%2F%2Fstreetviewpixels-pa.googleapis.com%2Fv1%2Fthumbnail%3Fcb_client%3Dmaps_sv.tactile%26w%3D900%26h%3D600%26pitch%3D0%26panoid%3DA7wd_VL01F0yfr8dhCh3JA%26yaw%3D332.8!7i16384!8i8192?entry=ttu&g_ep=EgoyMDI0MTEyNC4xIKXMDSoASAFQAw%3D%3D
So, can anyone here fill in the rest of the blanks? No more theories, just facts. I see a few names on here who seemed to get involved in ALL the scams and is either too dumb to learn, or else a part of it all. I guess I need to see if they still post on IHUB.
GBDX87
4 years ago
DO YOU SEE GBDX IN THE MIDDLE OF SECOND PARAGRPH ,
. (July 2004 to July 2005); and Global Diamond Exchange, Inc. (November 2005 to April 2008) – to defraud purchasers of stock in those companies.
https://www.justice.gov/usao-nv/victim-witness-assistance/us-v-john-edwards-et-al-cmkm
PEACE AND PAYMENT THRU RESTITUTION
“THE REALITIES of RESTITUTION
FOR VICTIMS of FEDERAL CRIMES”
Most crime victims are very concerned about how they can recover from their financial loss
suffered as a result of a crime. This information is provided to you by the U.S. Attorney’s Office
for the District of Nevada. The following is meant to provide a brief overview for federal crime
victims and restitution ordered by the court, the legal process involved, and the realities of
actually receiving full restitution.
The Justice for All Act of 2004 provides that “identified” federal crime victims are entitled to full
and timely restitution as provided by law for certain losses suffered as a result of the commission
of an offense as part of the criminal sentence imposed on the defendant, or as part of a plea
agreement. Federal crime victims may be either individuals, businesses, or corporations.
Definition of a Federal Crime Victim
A federal crime victim is “a person directly or proximately harmed as a result of the commission
of a federal offense, or an offense within the District of Columbia 18 U.S.C. ss 3771(e).
The issue of receiving restitution is important to all victims, to include victims of financial
crimes. It is often not possible to immediately project or determine the exact amount of loss that
a defendant has caused which can be applicable to court-ordered restitution. Cases that have a
large number of victims and that are complex in nature, such as scams, often take a very long
time to reach a final court disposition. Unfortunately, the amount of total restitution ultimately
received by a victim in many cases ranges from zero percent to only a very small percent of the
total amount a victim has lost. If any proceeds are identified by the court which can be applied
toward restitution, payments to victims may be made by a defendant or defendants over a period
of several years. The U.S. Attorney’s Office pursues restitution payments for up to twenty years
after a defendant is sentenced. Therefore, it is important that victims keep the U.S. Attorney’s
Office or the Court Clerk’s office informed of any name and/or address changes.
What you can do as a crime victim?
Provide all receipts or other verification of your loss where ever possible. It is important to
obtain all records of all expenses or loss incurred as a result of the crime. This information will
be used in determining what costs may be court ordered in the form of restitution to the victim if
a defendant is convicted.
Ordering vs. Receiving Restitution
Under federal law, it is mandatory for a defendant to pay restitution when there is a loss to the
victim. Unfortunately, as a practical matter, a defendant who has no money or potential to make
GBDX87
4 years ago
Defendants
Jeffrey Turino, Melissa Spooner, Ginger Gutierrez, James Kinney and Jeffrey Mitchell
U.S. District Court - Las Vegas, NV
Please be aware that the criminal prosecution in the District of Nevada (United States v. John Edwards, et al., 2:09-CR-00132-RLH-RJJ) is separate from and unrelated to a civil suit in the Central District of California that has now been dismissed (David Anderson, et al., v. Christopher Cox, et al., 8:10-CV-00031-JVS-MLG). In Anderson, the plaintiffs alleged that the SEC and other agencies of the U.S. Government conducted a sting operation against "illegitimate brokers, dealers, market makers, hedge funds, and other persons and entities that had engaged in naked short selling of CMKM Diamonds Inc. Stock." Essentially, the Anderson case involved allegations against an entire industry.
In contrast, the superseding criminal indictment in the Edwards case charged a more clearly defined group of defendants: specific insiders who engaged in fraud through shell companies. Specifically, between approximately May 1997 and April 2008, the defendants used various shell companies – including Pinnacle Business Management, Inc. (May 1997 to December 2003); CMKM Diamonds, Inc. (November 2002 to October 2005); St. George Metals, Inc. (July 2004 to July 2005); and Global Diamond Exchange, Inc. (November 2005 to April 2008) – to defraud purchasers of stock in those companies. The defendants secretly authorized increases in the number of available shares and falsely represented or hid the true number of shares from investors. At the same time, the conspirators issued billions of shares to themselves through affiliates. By falsely claiming that these shares had not been issued to company affiliates, the conspirators were able to sell these shares without restrictions imposed by law. By issuing false and misleading press releases regarding the companies’ business activities, the defendants were able to drive up demand for the companies’ stock while selling their shares at a profit.
Court Documents
Second Superseding Indictment Link to PDF
On March 24, 2010, the grand jury returned a sealed Second Superseding Indictment which added the following defendants: Jeffrey Turino, Nickolaj Vissokovsky and Jeffrey Mitchell. In addition, several new charges were added, alleging that certain defendants engaged in a conspiracy to conduct an enterprise engaged in a pattern of racketeering activity, a conspiracy to sell unregistered securities and to commit securities fraud and a conspiracy to commit money laundering. On May 6, 2010, the Second Superseding Indictment was unsealed.
Superseding Indictment Link to PDF
The superseding indictment in United States v. Edwards, et al., alleges as follows: the defendants combined and conspired to perpetrate a fraud involving the issuance and sale of CMKM stock over a period of several years. Hundreds of billions of shares of CMKM stock were sold to thousands of investors during that span. Investors in CMKM are invited (but not required) to complete the following questionnaire. The questionnaire solicits information pertaining to this case for purposes of enabling prosecutors to confer with and receive information and opinions from victims of the CMKM scheme. Please note that while the completed questionnaires will not be publicly accessible, relevant information may be disclosed to the court and/or defense counsel in accordance with the Federal Rules of Criminal Procedure and other laws.
Other Documents
Information and Assistance for Federal Crime Victims and Witnesses Brochure Link to PDF
Restitution Information Link to PDF
Press Release
Press Release Link to PDF
https://www.justice.gov/usao-nv/victim-witness-assistance/us-v-john-edwards-et-al-cmkm
WHY DON'T YOU CALL US DITRICT ATTORNEY OF NEVADA ABOUT THIS LEGAL DOCUMENT THAT WAS PUT OUT BY THEM DELINEATING CRIMES AND RESTITUTION ?
GBDX87
4 years ago
CMKX USED SHELL COMPANIES , GBDX IS ONE OF THEM , ALL BOARDS RELATED TO CMKX ARE BEING MONITORED , CMKX AS PART OF PROSPERITY PROGRAMS IS SLOWLY GETTING PAID OUT , THE NDA IS STIFF .
the defendants used various shell companies – including Pinnacle Business Management, Inc. (May 1997 to December 2003); CMKM Diamonds, Inc. (November 2002 to October 2005); St. George Metals, Inc. (July 2004 to July 2005); and Global Diamond Exchange, Inc. (November 2005 to April 2008) –
https://www.justice.gov/usao-nv/victim-witness-assistance/us-v-john-edwards-et-al-cmkm
United States v. Brian Dvorak, et al (CMKM)
Case number: 2:09-CR-00132-RLH-RJJ
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