Don't mislead or the deceive the public; the government hates competition A report by the new aid4families think tank addressing industry and government corruption. As many of you now know I warned in '07 that the financial system was a ruse and government actively neglected or assisted industry in steering the public to ponzi scheme behemoth banks. As the judge states in my conviction, I was jailed for making these “unfounded” remarks as 'fraud.' Here we will address the confession by the CSA (Canadian securities administrators) in their 2009 report which I could not CORRECT sooner since I was preoccupied with my political imprisonment. These things might not seem to be of much consequence since it's Canada which is not a major country by any stretch of the imagination but another Anglo also ran, riding the coat tails of the UK/USA g-8 oligarchy. It does provide a microcosmic look into how these corrupt schemes are practiced in larger states such as the UK & USA, Europe and Asia. The wrist slapping of some and draconian bloodletting of others show a contemptible bias that has brought western 'civilization' to the brink of extinction. 1. In my conviction you will see the judge says that I say the crooks at the banks running these gigantic ponzi schemes are getting bailouts and should be paying bail but no one will arrest them or shut them down. In the report where the chair of the CSA addresses the multi-billion dollar bank ponzi scheme you will notice that all of these organizations are still operational, unmolested and tricking the public with the same products. Also that they never investigated for nearly 20years until the public outcry forced them into a minor wrist slapping of using some of their bailout funds to pay a fine. Sorta like paying a traffic ticket for a murder. No prosecutor picked it up, no police raided the organizations and no judge issued an order to close any of them. Yet we went to jail for saying that's the way it works. 2. Who else worked with regulators blessing for 30years as a 'licensed'? 'regulated'? “professional”? Earl Jones who was only investigated after disappearing from clients and racking up $50M in investments. 3. The CSA is a joke run by corrupt sissies and should never be taken seriously by any consumer looking for protection. They're like the mob steering your money to their friends for “protection” when they're the only ones you need protection from.
“In the Matthews/Briand case, Earl Matthews, a U.S. citizen, and Reyanne Briand, who holds both Canadian and French citizenship, illegally solicited investments in an entity (Aid4families) via several internet websites.” THE TRUTH: The program was offered as a 2party contract by one company licensed in Quebec as Aid4families.com. 2010-05-07
LE REGISTRAIRE DES ENTREPRISES
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SYSTÈME CIDREQ ÉTAT DES INFORMATIONS SUR UNE SOCIÉTÉ INFORMATIONS GÉNÉRALES ======================
MATRICULE: 3363972764
NOM: G.I.S.P. AIDEAUXFAMILLES.COM
IMMATRICULATION : 2006-09-21 DERN DÉCL ANNL : MAJ ÉTAT INFO : 2008-09-16 CESSATION PRÉVUE: CONTINUAT: TRANSFORM: STATUT IMMATR : IM IMMATRICULÉ 2006-09-21 FORME JURDQ : SENC SOCIÉTÉ EN NOM COLLECTIF RESP LIMITÉE ASS: DATE DÉBUT : DATE FIN : TRANCHE EMPLOYÉS: AUCUN “The case came to light in February 2007 when the Canadian Investor Protection Fund (CIPF) received an inquiry about a website soliciting investments which falsely stated that the CIPF insured investments made in G.I.S.P. Aid4families. The CIPF contacted Matthews and Briand and all references to CIPF were removed from the website.” THE TRUTH: The CIPF falsely argued that only accounts with members directly insured NOT deposits in insured members accounts were insured. Since this was of no consequence to us, we removed any reference in a matter of minutes before 90% of our clients ever saw it, contradicting their assertion that the reference was the only reason people joined. All of our clients were American, never heard of the CIPF and didn't pay it any attention. Further to the point, we could have mentioned that our bank accounts were insured by the government as are all private and business accounts. Our accounts don't magically become excluded from institutional insurance. I have the transcripts from this conversation with the CIPF, who thanked us for our quick removal and said that all they needed to do was put a notice on their site. Instead, this industry group forces the government regulators into a lapdog smear campaign.” “The CIPF also made a complaint to the AMF, at which time the AMF examined the website, concluded that it was used for illegal distribution purposes and successfully applied to the BDRVM to issue freeze orders on a number of bank accounts. Matthews and Briand refused to cooperate with the investigation and fled to Newfoundland and Labrador (NL).”(WITHOUT THE MONEY???) THE TRUTH: I don't think this chairman even read this report. His assistant must have collected all of these biased blurbs, stitched them together and called it a report. Feb.'07; CIPF lies May '07 ; AMF misleads the BDVRM (its sister body) into issuing a Cease Trade. Feb. - May '07; They felt obliged to please their masters and try to find some dirt, to no avail. They issue a Cease and Desist anyway.
Summer '07; We amend the website to COOPERATE with their “concerns”. We banned Canadians from joining, cancel plans for a Montreal office, remove mention of our business license (which they said tricked people into believing we were licensed brokers) and added a lengthy addendum to our contract (that appeared online for everyone to see) that re-emphasized that this was not an investment program or security but a simple 2-party contract. Sept. '07; After ignoring our efforts to cooperate the AMF lies to get a freeze order on our accounts to block our payments to clients. We were visiting NL to start our payment processing center and visit family, placing ads in the newspaper, meeting with municipal leaders, dealing with clients; then the NL account is frozen under false pretense. Once they had been “proactive in interrupting the operation”, they call the clients and tell them they can't be paid because we are crooks. All of this pro-action for a “quasi” illegal suspicion. NL regulators encourage the 1 client who doesn't hang up in their face to file a false police report stating that they have lost contact with us. Then, without missing a beat, the prosecutor spends the trial confronting us with the contents of contact that we supposedly didn't have with these clients. The fact that the banks lied to us, the fact that regulators lied to the bank and the clients, the fact that the clients lied to us (that they weren't aware of the frozen bank accounts) and telling them that they couldn't contact us didn't affect anyone's credibility at trial. “There were several victims in this case, all American, but only one couple came forward to the Financial Service Regulation Division (FSRD) in NL, complaining that they had invested $300,000 in Aid4families. The AMF worked with the FSRD, which froze Matthews and Briand’s NL credit union accounts and brought in the RCMP. The efforts of the AMF, FSRD and RCMP resulted in criminal convictions for Matthews and Briand and jail sentences of three years each for fraud and six months (concurrent) for possession of stolen property. Approximately 70 per cent of the investors’ money in both Québec and NL was recovered. Expeditious inter-jurisdictional cooperation resulted in the successful conclusion of this investigation.” THE TRUTH: We were convicted on bigotry by a judge who openly shifts the burden 10 times in the conviction. Everywhere the prosecution fails to prove its case, he simply said that we (the accused) failed to prove or that there is no doubt. He his facing a job-threatening grievance and Charter of Rights appeal. As for the CSA's part, the only regulator who had a hand in the conviction is Carl Alwood who told the clients to lie to the police after his call failed to produce any action (this is from the transcripts of the trial). The AMF/CSA case was reduced to pathetic contempt of court (operating after the Cease and Desist) which was thrown out.
It goes on to say: Proactive Measures “Enforcement processes are often time consuming, and securities law violations are complex and multi-faceted, requiring lengthy investigations. However, CSA members take proactive measures whenever possible to safeguard Canadian investors while investigations proceed.“ THE TRUTH: There is nothing proactive about letting the big Canadian banks rape Canadian consumers out of $32B for nearly 20 years and having it end in a paltry fine. There is nothing proactive about rubbing elbows with the Quebec Madoff, Earl Jones, who never invested one cent of the $50M he collected under their proactive noses for 30 years. The lead investigator says we were arrested because we were threatening to do what the banks do. When asked about the movement of clients money into our bank accounts on to our trading accounts then back to the bank account and dispersed as payments to clients, the RCMP said that they didn't concern themselves with whether we were making actual investments or not (from the trial transcripts). This was a corrupt move to stop competition and shut up a whistle-blower about an impending crisis. The front page of our website showed planes exploding into the twin towers, warning the public that there was literally a financial 9-11 coming. The only proactive thing about the CSA is bias, tunnel vision and corruption. Tell them 'I' said so. You don't have to go too far to find out the truth about major countries but canada makes up it's own reality - no bailout bank guarantee ? ---industry regulated not involved in toxic assets? ---is proactive against crooks?---Well see for yourself if anything coming out of canada is EVER true.
http://www.osc.gov.on.ca/documents/en/About/csa_20100201_csa-rpt-enf-2009.pdf http://www.thestar.com/business/bank/article/801177--walkom-canada-s-myopic-approach-tobank-taxes http://www.globalresearch.ca/index.php?context=va&aid=12007 video http://www.cbc.ca/fifth/discussion/2010/02/earl_jones_in_trust.html Unjailed banks rob canadians ---where's the proactive cease and desist and freezing of scotia, cibc & national assests? http://www.youtube.com/watch?v=6vzOJU2H4dg in french: http://www.youtube.com/watch?v=gO6BGJqXnwI http://www.youtube.com/watch?v=jQGFPRP39Ss