I gave this company money that promised to double it in 90 days. I didn't realize it was a Ponzi Scheme til it was too late. The first time I invested, they came through, but the second time I got screwed and the company closed their doors. Now I've lost all of my initial principle money and interest money. This was just after George Theodule got caught last year around August 2009 for doing the same thing to numerous Haitians.
Has anyone else out there been scammed by these people? The officers were Ronnie Bass, Brian Taglieri, and Abner Albre. All three of these guys have disappeared with my money and others. Before they left, Brian wanted me to convert my principle and interest to a new company called International Business Ventures in the form of shares, but I refused. The full story is here: http://www.pinkinvesting.com/companies/international-business-ventures-group-inc-IBVR.html
The SEC has also filed a lawsuit: http://www.sec.gov/litigation/complaints/2009/comp21104.pdf
The case is ongoing as far as I can see. I was told that a court hearing is this November 3rd. I can't afford an attorney, but I have filed a complaint with the State Attorney so my status is in limbo. Is anyone else out there also a victim or know someone who has experienced the same situation and do you have any pertinent information to add to this?
Thank you to anyone who responds.