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    Thread: Elevator Fraud

    1. Back To Top    #1
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      Elevator Fraud

      So, am I the only one who would be waiting to knee cap this kid the minute he gets released if I was one of his victims? I sincerely feel for the families he hurt with this scheme.

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      Quote Originally Posted by IndigenousWalleye78 View Post
      So, am I the only one who would be waiting to knee cap this kid the minute he gets released if I was one of his victims? I sincerely feel for the families he hurt with this scheme.

      ????? link to story ?????

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      I don't always get negative reps..... But when I do it's because some crybaby couldn't handle my posts!

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      Quote Originally Posted by risingsun View Post
      Can't imagine when I was 21 that I would have had the balls to run a scheme like this. At that age I was pretty happy to be able to buy my own beer.

      Hell, he was also running a car dealership on the TM Reservation to help in his money scheme.

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      Damn, buy high...sell low is a terrible way to stay in business.

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      "Suppose you were an idiot, and suppose you were a member of Congress; but I repeat myself." Mark Twain, speaking on Congress.

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      I find it odd that these hard working large farmers would get duped be this young kid. He must have had a hell of a sales pitch, and trusting personality.

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      Quote Originally Posted by johnr View Post
      I find it odd that these hard working large farmers would get duped be this young kid. He must have had a hell of a sales pitch, and trusting personality.

      That's exactly what I thought too. In a world laden with schemes, you'd think they'd be a lot more cautious. I guess maybe their trust was in the fact that he's from ND...?

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      "In any moment of decision, the best thing you can do is the right thing, the next best thing is the wrong thing, and the worst thing you can do is nothing."
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      Also was paying above market prices i have been told.

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      Quote Originally Posted by brokenbackjack View Post
      Also was PROMISING above market prices i have been told.
      Fixed it for you.

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      i realize his business plan wasn't exactly a recipe for success and it sounds like he was bound to fail eventually anyway. but, what confuses me about this... and i didn't read the most recent article... is that he somehow managed to lose or spend 20 million in a matter of a couple of years?! that's real tough to do. lets say his business model was doomed to lose 5 or 10%, there should still be a bunch of grain, cash and/or assets someplace to distribute to these poor souls. no?

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      criminal genius

      likely a sociopath

      this will NOT be his last crime - this psycho lives for the con

      - - - Updated - - -

      and he’s good at it... yikes

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      I have read a couple articles where they stated they never met him, it was done over the phone and emails .

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      What I don’t get about these guys is how they think it won’t blow up on them or they won’t get caught. You have to have a major screw loose somewhere.

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      They don't care , it is all about them. Watch American Greed sometime , they are all over the country , a lot of them even get their own families money.

      What grinds my gears is the sentencing includes restitution - really - no one will ever see a dime

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    16. Back To Top    #16
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      Quote Originally Posted by Pheasant 54 View Post
      They don't care , it is all about them. Watch American Greed sometime , they are all over the country , a lot of them even get their own families money.

      What grinds my gears is the sentencing includes restitution - really - no one will ever see a dime
      Restitution: It may keep him from ever having a dime to his name when he gets out. Don't know anything about bankruptcy so not sure if he could get the restitution removed or not. Any lawyers among us that are up to speed about things like this.

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    17. Back To Top    #17
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      with the elevator manager that spent all his embezzled money on Africa hunting, this ki,d and McMartin farms there seems to be a lot of fraud and embezzling in the ag business.

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    18. Back To Top    #18
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      The real rub of this is that there are most likely coffee cans buried all over so the restitution aspect would be useless. Still, its a cautionary tales as old as time. If it sounds too good to be true, it usually is.

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    19. Back To Top    #19
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      Don't forget about this feedlot owner that was selling the same cattle to different people and then charging them for feeding them in his feedlot.

      https://www.agweek.com/business/agri...e-cattle-fraud

      Sad part is the people who do this will get a short jail sentence or be released early, be sentenced to pay restitution but in no way will they ever pay back even a small percentage of the money they stole. They could have that money hid away as cash somewhere just waiting for them when they get out of jail in 6 months.

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    20. Back To Top    #20
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      About 10 years ago a young man hit one of my vehicles as he came out of a ditch. Minor damage but he was ordered to pay restitution. Still waiting. My experience was the judge ordered the restitution but failed to demand a payment schedule.

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