A Con Man's Dream - Think Big When Going Over To The Dark Side
The sum of the Dominion's activities ran amuck. Cataloged by John Shockey, former U.S. Comptroller of the Currency, these included: taking deposits, investment sums and fees, and issuing worthless "guarantees." Also, making loan commitments, verifying and "authenticating" values of other Melchizedek entities which issued hundreds of millions of dollars in worthless debt instruments which were used to obtain real money loans and were exchanged in real brokerage houses for real value securities.
Amazing is the fact that--despite excellent, detailed exposure in articles run in Forbes, the Washington Post, and the Wall Street Journal as long ago as the early 1990s--this monumental scam is still up and running, more than 15 years later. The Dominion's web site--www.melchizedek.com--was clickable as of press time of this News Release. Endless? Limitless fraud? On and on, into perpetuity? Where does it all end? Or, does it? one might ask.
Breakdown of the system in its ability to restrain giant scams seems to be the key to success for this con man's dream. In his book, Six Hours Past Thursday (www.sixhrs.com), author, Jack Payne, goes one application better. "This nation-building exercise is entirely illegal," says Payne. "It's blatant, in-your-face, outright crime. From the opposite side of the fence my book tackles another broken system," he goes on, "our cumbersome, snail-moving legal system. Converse to Melchizedek, this system is rife with opportunities for entirely socially acceptable, non-jailable 'legal' crime." His novel weaves the story of how a Chicago mobster, with the aid of a con man, creates such an entity, a gambling island Mecca, ala Monte Carlo, off the coast of Florida.
"From fiction to reality! How close the gap? Really! And, when you have no moral compass with which to navigate," concludes Payne, "the sky is your only .limit."
Related Tags: scams, rip off, legal scams, con artist, con artisits, rip offs
Jack Payne is the author of the legal thriller, Six Hours Past Thursday, a fictional book about real legal scams. For more information visit http://www.sixhrs.com
Your Article Search Directory : Find in ArticlesRecent articles in this category:
- Know The Basics Of International Business Gift Giving
Businessmen would agree that in the business world, giving gifts once in a while can never be avoide - Investigation Interview Technique: Surveys
Surveys are a great way to gather information during investigation witness interviews. Surveys save - Mitigating Fraud Through Company Hiring Practices
A quarter of the fraud cases included in the Association of Certified Fraud Examiners 2008 Report to - Preventing Sexual Harassment In The Workplace
Organizations are responsible for creating a safe work environment, free from sexual harassment. Sex - Cost Effective Internal Investigation Tools
Businesses cannot afford the costs associated with workplace theft, lawsuits and unproductive proces - Rent To Own Statutes Affecting Your Business
Although the judiciary, symbolized by a blindfolded woman holding a balance, is supposed to be impar - How To Balance Friends And Work
Friends and work can both be personally fulfilling. However the social networks and acquaintances th - The Pros And Cons Of Corruption
Corruption runs against the grain of meritocratic capitalism. It skews the level playing-field; it i - Ethical Lockpicking
Robert Campbell, a locksmith who owns Advantage Locksmith in New York City, answers some ethical que - Trend Watch: The Real Deal
DefinitionTransparency walks the divide between honesty and an unapologetic attitude in the search f
Most viewed articles in this category:
- Difference Between Online And Offline Stock Trading
The introduction of the Internet has surprisingly changed our way of life as a society. It has defin - Does Personality Matter When Running a Business?
In order to run a business you need to have the ability to handle one. You must have certain qualiti - Business Law - Ethic of the Business
Business Law Before you start a business, legally, you need to obtain any business licenses or perm - CEO Compensation And Pay - Are Millions Of Dollars Justifiable
Many workers and consumers distrust CEOs (in part due to recent scandals like at Enron) and believe - Credibility - Without It You're NOWHERE
Internet marketers, when making a list of the things they think they need in order to successfully r - Jest Practices: Best Practices for Humor in the Workplace
Most agree that humor in the workplace can have beneficial effects. Yet not all humor is good humor. - Ethics And Business-What About Civic Responsibility?
The question whether business and ethics are mutually inclusive remains to be one of the most contro - Balancing the Needs of Customers and Shareholders in a Public Corporation
Many people say; It is All About Money when it comes to big corporations. Well yes, that is their jo - The Dilemma of Nanotechnology - Science vs. Ethics
What is Nanotechnology and why should I care about it?Nanotechnology, referred to commonly as molecu - What Are You Selling?
This has been on my mind for sometime. You see, we all have dreams, we all need money, but how are w