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Henry Uliomereyon Jones
Tri Energy was a business enterprise run by Henry Uliomereyon Jones, better known as Dr. Henry Jones, with associates Arthur Simburg and Robert Jennings. Jones was a would-be record producer in Marina del Rey, California, running MIG Records (later renamed Global Village Records) and Marina Investors Group Inc. Jones and his associates were convicted of running a fraudulent Ponzi scheme operation and affinity fraud through Tri Energy. They defrauded over 735 people of $50 million, resulting in several court actions both civil and criminal cases, and imprisonment of the three Tri Energy associates. History Tri Energy was involved in: *A coal mine venture in four coal mines in Kentucky which Tri Energy claimed were profitable and that would potentially produce a reported 99.3% emissions-free coal. In fact there were only two mines, and neither was profitable. *A so-called international "gold deal" for transfer of gold from Israel to Luxembourg to United Arab Emirates through the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Marina Del Rey, California
Marina del Rey (Spanish for "Marina of the King") is an unincorporated seaside community in Los Angeles County, California, with an eponymous harbor that is a major boating and water recreation destination of the greater Los Angeles area. The port is North America's largest man-made small-craft harbor and is home to approximately 5,000 boats. The area is a popular tourism destination for both land and water activities such as paddle board and kayak rentals, dining cruises, and yacht charters. Land activities include bicycling on several bicycle paths, walking paths along the waterfront, and birdwatching (birding). Wildlife watching opportunities include California sea lions and harbor seals. Dolphins and whales occasionally visit the deeper waters of harbor. This Westside locale is approximately south of Santa Monica, north of Los Angeles International Airport, and west-southwest of Downtown Los Angeles. The harbor is owned by Los Angeles County and managed by the Departmen ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ponzi Scheme
A Ponzi scheme (, ) is a form of fraud that lures investors and pays profits to earlier investors with funds from more recent investors. Named after Italian businessman Charles Ponzi, the scheme leads victims to believe that profits are coming from legitimate business activity (e.g., product sales or successful investments), and they remain unaware that other investors are the source of funds. A Ponzi scheme can maintain the illusion of a sustainable business as long as new investors contribute new funds, and as long as most of the investors do not demand full repayment and still believe in the non-existent assets they are purported to own. Some of the first recorded incidents to meet the modern definition of the Ponzi scheme were carried out from 1869 to 1872 by Adele Spitzeder in Germany and by Sarah Howe in the United States in the 1880s through the "Ladies' Deposit". Howe offered a solely female clientele an 8% monthly interest rate and then stole the money that the women ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Affinity Fraud
Affinity fraud is a form of investment fraud in which the fraudster preys upon members of identifiable groups, such as religious or ethnic communities, language minorities, the elderly, or professional groups. The fraudsters who promote affinity scams frequently are – or successfully pretend to be – members of the group. They often enlist respected community or religious leaders from within the group to spread the word about the scheme, by convincing those people that a fraudulent investment is legitimate and worthwhile. Many times, those leaders become unwitting victims of the fraudster's ruse. These scams involve exploitation of the trust and friendship that exist in groups of people who have something in common. Because of the tight-knit structure of many groups, it can be difficult for regulators or law enforcement officials to detect an affinity scam. Victims often fail to notify authorities or pursue legal remedies, and instead try to work things out within the group. Th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kentucky
Kentucky ( , ), officially the Commonwealth of Kentucky, is a state in the Southeastern region of the United States and one of the states of the Upper South. It borders Illinois, Indiana, and Ohio to the north; West Virginia and Virginia to the east; Tennessee to the south; and Missouri to the west. Its northern border is defined by the Ohio River. Its capital is Frankfort, and its two largest cities are Louisville and Lexington. Its population was approximately 4.5 million in 2020. Kentucky was admitted into the Union as the 15th state on June 1, 1792, splitting from Virginia in the process. It is known as the "Bluegrass State", a nickname based on Kentucky bluegrass, a species of green grass found in many of its pastures, which has supported the thoroughbred horse industry in the center of the state. Historically, it was known for excellent farming conditions for this reason and the development of large tobacco plantations akin to those in Virginia and North Carolina i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Saudi Arabia
Saudi Arabia, officially the Kingdom of Saudi Arabia (KSA), is a country in Western Asia. It covers the bulk of the Arabian Peninsula, and has a land area of about , making it the fifth-largest country in Asia, the second-largest in the Arab world, and the largest in Western Asia and the Middle East. It is bordered by the Red Sea to the west; Jordan, Iraq, and Kuwait to the north; the Persian Gulf, Qatar and the United Arab Emirates to the east; Oman to the southeast; and Yemen to the south. Bahrain is an island country off the east coast. The Gulf of Aqaba in the northwest separates Saudi Arabia from Egypt. Saudi Arabia is the only country with a coastline along both the Red Sea and the Persian Gulf, and most of its terrain consists of arid desert, lowland, steppe, and mountains. Its capital and largest city is Riyadh. The country is home to Mecca and Medina, the two holiest cities in Islam. Pre-Islamic Arabia, the territory that constitutes modern-day Saudi Ar ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Get-rich-quick Scheme
A get-rich-quick scheme is a plan to obtain high rates of return for a small investment. The term "get rich quick" has been used to describe shady investments since at least the early 20th century. Most schemes create an impression that participants can obtain this high rate of return with little risk, and with little skill, effort, or time. Get-rich-quick schemes often assert that wealth can be obtained by working at home. Legal and quasi-legal get-rich-quick schemes are frequently advertised on infomercials and in magazines and newspapers. Illegal schemes or scams are often advertised through spam or cold calling. Some forms of advertising for these schemes market books or compact discs about getting rich quick rather than asking participants to invest directly in a concrete scheme. Online schemes Get-rich-quick schemes that operate entirely on the Internet usually promote "secret formulas" to affiliate marketing and affiliate advertising. The scheme will usually claim tha ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Securities And Exchange Commission
The U.S. Securities and Exchange Commission (SEC) is an independent agency of the United States federal government, created in the aftermath of the Wall Street Crash of 1929. The primary purpose of the SEC is to enforce the law against market manipulation. In addition to the Securities Exchange Act of 1934, which created it, the SEC enforces the Securities Act of 1933, the Trust Indenture Act of 1939, the Investment Company Act of 1940, the Investment Advisers Act of 1940, the Sarbanes–Oxley Act of 2002, and other statutes. The SEC was created by Section 4 of the Securities Exchange Act of 1934 (now codified as and commonly referred to as the Exchange Act or the 1934 Act). Overview The SEC has a three-part mission: to protect investors; maintain fair, orderly, and efficient markets; and facilitate capital formation. To achieve its mandate, the SEC enforces the statutory requirement that public companies and other regulated companies submit quarterly and annual re ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Adrienne Lau
Adrienne Lau (born September 7, 1983; Chinese: 劉晨芝) is a Hong Kong-American singer. Lau is the first Chinese American to hit Top 10 on the U.S. Pop Billboard Sales Chart. Early life Nga Wing Lau was born in British Hong Kong in 1983. She grew up splitting her time between there and Los Angeles. Lau graduated from UCLA with double major degrees in Communications and Sociology. Career Her single ‘Wanna be Happy’ debuted on the US Pop Billboard Charts at number 14 and has remained for 9 weeks. Another single ‘Magic Tricks’ reached number 7. * named the first Chinese American to hit the U.S. Pop Billboard Sales Chart Top 20. * Lau also did an advertising campaign and was the spokesmodel for Vigoss Jeans in China. * In January 2005, her debut album "Hypnotic" was released. Her first single "Hypnotic Love" features Jin tha MC. Mike Tyson also made an appearance in the music video. Mýa also produced the song "Xtacy" in the album. * Lau performed at the MTV Chi Ro ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
American Greed
''American Greed'' (also known as ''American Greed: Scams, Scoundrels and Scandals'' and as ''American Greed: Scams, Schemes and Broken Dreams'') is an American documentary television series on CNBC. The series focuses on cases of Ponzi schemes, embezzlement and other white collar crimes and features interviews with police investigators, fraud victims and sometimes fraudsters. It was initially created by Mark Hoffman, the President, CEO and Chairman of the Board of Trustees and Directors of CNBC, and it is produced by Bill Kurtis' Kurtis Productions. The program is narrated by Stacy Keach Jr., who was recruited because Kurtis himself was unavailable for that purpose. It premiered on June 21, 2007. Subjects The business-reality program focuses on the stories behind high-profile corporate and white-collar crimes, betrayals, and scams in American history, including the financial scandals involving WorldCom, HealthSouth, Tyco International, and CyberNET. Besides these high-profi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
CNBC
CNBC (formerly Consumer News and Business Channel) is an American basic cable business news channel. It provides business news programming on weekdays from 5:00 a.m. to 7:00 p.m., Eastern Time, while broadcasting talk shows, investigative reports, documentaries, infomercials, reality shows, and other programs at all other times. Along with Fox Business and Bloomberg Television, it is one of the three major business news channels. It also operates a website and mobile apps, whereby users can watch the channel via streaming media, and which provide some content that is only accessible to paid subscribers. CNBC content is available on demand on smart speakers including Amazon Echo devices with Amazon Alexa, Google Home and app devices with Google Assistant, and on Apple Siri voice interfaces including iPhones. Many CNBC TV shows are available as podcasts for on-demand listening. Graphics are designed by Sweden-based Magoo 3D studios. CNBC is a divisi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
