Telesio Galilei Academy of Science a Fraud?

[RedFox]

If this is a virtual office, how was the recent Yellow Energy Resources AGM held there? As noted on their dodgy web site?

_http://www.airport-house.co.uk/services/meetings-and-events

Meetings and Events

The variety of meeting room and conference suites available to book in the historic setting of Airport House gives your business even more flexibility.

If you’re looking for a professional space to carry out interviews, a temporary boardroom, a private room to host a lunch meeting, or the perfect venue for a seminar, workshop or conference, we can help.

So they could have real and virtual offices there, or all real, or all virtual. And still be able to have an AGM.

 

[Gimpy]

Is it just me....or is this simply the same man at different stages of his life???

It looks like different photos of the same person. Am I mistaken here?

just for the record:

we have Francesco Fucilla who is sometimes refered to as Franco Fucilla who is the father of three sons:

(source: http://www.google.de/imgres?um=1&hl=de&sa=N&biw=1366&bih=613&tbm=isch&tbnid=WkwIRt2MGLKWNM:&imgrefurl=http://www.francesco-fucilla-satires.com/FFSatires_14-10-10/Satires.html&docid=CUSqqnk8f72kbM&imgurl=http://www.francesco-fucilla-satires.com/FFSatires_14-10-10/Satires/IMAG002.JPG&w=360&h=252&ei=yruCT9yACMjTtAaM-dziBA&zoom=1&iact=hc&vpx=109&vpy=44&dur=113&hovh=188&hovw=268&tx=182&ty=120&sig=117133355990586444994&page=1&tbnh=129&tbnw=169&start=0&ndsp=19&ved=1t:429,r:0,s:0,i:66)

(source: http://www.google.de/imgres?imgurl=http://www.mindspring.com/~noetic.advanced.studies/FFucilla.JPG&imgrefurl=http://www.mindspring.com/~noetic.advanced.studies/FFucilla.html&usg=__qUTBTuSSaOZaIQTn7QEdcdGh9qk=&h=256&w=234&sz=20&hl=de&start=0&sig2=bwrGa8LqohIN9S7mrh5X7Q&zoom=1&tbnid=kupIYRvDpjVmfM:&tbnh=116&tbnw=106&ei=KsCCT4mEFIPXsgbksJHWBA&um=1&itbs=1&iact=hc&vpx=111&vpy=167&dur=829&hovh=204&hovw=187&tx=123&ty=72&sig=117133355990586444994&page=1&ndsp=1&ved=1t:429,r:0,s:0,i:46)

-------------------------------------------------------------------------------------------------------------------------------------------------------------------





the three sons of Francesco Fucilla aka. Franco Fucilla are :


Robert Joseph Fucilla:
http://www.google.de/imgres?um=1&hl=de&sa=N&biw=1366&bih=613&tbm=isch&tbnid=Rgx1X6ivXIvGdM:&imgrefurl=http://www.watchfreemovies.ch/name/robert-fucilla-1139528/&docid=LE6TWkjImZZvSM&itg=1&imgurl=http://www.watchfreemovies.ch/content/names/robert-fucilla-1139528.jpg&w=214&h=314&ei=AByCT_fRIcnFtAb-6Kz9Bw&zoom=1&iact=hc&vpx=107&vpy=121&dur=413&hovh=251&hovw=171&tx=124&ty=164&sig=117133355990586444994&page=1&tbnh=139&tbnw=99&start=0&ndsp=25&ved=1t:429,r:0,s:0,i:66

(source: http://www.google.de/imgres?um=1&hl=de&sa=N&biw=1366&bih=613&tbm=isch&tbnid=Rgx1X6ivXIvGdM:&imgrefurl=http://www.watchfreemovies.ch/name/robert-fucilla-1139528/&docid=LE6TWkjImZZvSM&itg=1&imgurl=http://www.watchfreemovies.ch/content/names/robert-fucilla-1139528.jpg&w=214&h=314&ei=AByCT_fRIcnFtAb-6Kz9Bw&zoom=1&iact=hc&vpx=107&vpy=121&dur=413&hovh=251&hovw=171&tx=124&ty=164&sig=117133355990586444994&page=1&tbnh=139&tbnw=99&start=0&ndsp=25&ved=1t:429,r:0,s:0,i:66)

(source: http://www.zimbio.com/pictures/0VJ2eyqEa8O/Mercenaries+UK+Premiere/sblJ2SYYQMZ/Robert+Fucilla)

Robert Fucilla Wiki

Real Name: Robert Joseph Fucilla
Birth Place: Brixton, London, England, UK
Birth Date: June 08, 1980
Occupation: Actor, Producer


Robert Fucilla Biography

Robert Fucilla was born the second of three boys in south London to Franco Fucilla and Ivana Perewiznyk. After graduating from College he spent 2 years living, working and studying acting in Los Angeles. In early 2008 Robert Fucilla starred in the film "The Big I Am", opposite Michael Madsen and Steven Berkoff. He then went on to star in a number of other films, like "Shank" and "Pimp" and in early 2011 Robert Fucilla starred as EX-SAS turned Mercenary along side Billy Zane in the action film "Mercenaries" written and directed by Paris Leonti.


Robert Fucilla Movies / TV-Shows

The Magnificent Eleven (2012)
Mercenaries (2011)
Bonded by Blood (2010)
The Big I Am (2010)
Pimp (2010)
Shank (2010)

notice that the father of Robert Fucilla is called Franco Fucilla instead of Francesco Fucilla so it seems that Francesco is sometimes called Franco wich would fit with what we have seen so far.


screenshot of his BIO from www.watchfreemovies.ch :

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Anthony Fucilla: http://anthony-fucilla.com/

(source: http://www.google.de/imgres?hl=de&sa=X&biw=1366&bih=613&tbm=isch&prmd=imvnso&tbnid=y3d9uIF-cJJGIM:&imgrefurl=http://www.croydonguardian.co.uk/leisure/leisurenews/8311670.Purley_sci_fi_author_talks_Quantum_Chronicles/&docid=_wIhA_Ca6S7GtM&imgurl=http://www.croydonguardian.co.uk/resources/images/1380945/%253Ftype%253Ddisplay&w=300&h=450&ei=P8mCT66yOo_vsgbi6YiMBA&zoom=1&iact=hc&vpx=102&vpy=106&dur=5188&hovh=275&hovw=183&tx=134&ty=146&sig=117133355990586444994&page=1&tbnh=133&tbnw=89&start=0&ndsp=23&ved=1t:429,r:0,s:0,i:66

Anthony was born in London on the 6th Jan 1975, he studied Theology and Philosophy at the University of Spurgeons, he then entered the field of Engineering, becoming a fully qualified ROV Pilot. Anthony was later to become a Science Fiction Writer and a Cinematographic Producer

His books:
"Quantum Chronicles in the Eleventh Dimension"
Parts 1 & 2 are distributed worldwide.
The books consist of short stories containing elements of
Philosophy and Theology
He co-produced the documentary film
"The Universe of Myron Evans"
"The science and Faith of Lawrence Horwitz"
"The World of Hadronic Physics

screenshot of his bio from his website:

____________________________________________________________________________________________________________________





William Alexander Fucilla: http://www.william-fucilla.com/

that is the only Photo I could find, but I'm not sure if it is really William Alexander Fucilla:

(source: http://www.google.de/imgres?um=1&hl=de&sa=N&biw=1366&bih=613&tbm=isch&tbnid=EktMSWPAyET0hM:&imgrefurl=http://www.imdb.com/name/nm3042865/&docid=gafyhqM1kUFAVM&imgurl=http://ia.media-imdb.com/images/M/MV5BMTgzNDg3ODk5OV5BMl5BanBnXkFtZTcwNTkxNjQxNg%2540%2540._V1._SY314_CR11,0,214,314_.jpg&w=214&h=314&ei=QsyCT4TrCYbPtAbox5S0Bg&zoom=1&iact=hc&vpx=204&vpy=114&dur=1805&hovh=251&hovw=171&tx=118&ty=160&sig=117133355990586444994&page=1&tbnh=125&tbnw=85&start=0&ndsp=27&ved=1t:429,r:1,s:0,i:68)

from William Alexander Fucillas website :

William Alexander Fucilla
William was born in Croydon, Surrey. He is the son of Francesco Fucilla;
Oil & Gas Entrepreneur, Businessman, Inventor, Writer, Philosopher, Scientist and Founder of the Telesio Galilei Academy of Science.

He obtained a Degree in Psychology from Brunel University in 2009
and a Diploma in Law from BPP Law School in 2010.

William Fucilla is also a Director of
Allied Gold Resources Plc, Allied Oil & Gas Plc,
Dome Petroleum Resources Plc, Global Energy Technology Plc, Global Energy Kleangas Ltd, Phoenix Resources Plc, Jurassica Oil & Gas Plc,
The Steriwave Group, Steriwave Quantum Computer,
Steriwave-GDT-TEK, Steriwave-Terraforming Ltd,
Steriwave-DNI Ltd, Steriwave Property Ltd,
Steriwave Startec Ltd, United Oil Ltd
Yellow Energy Plc, YouAncestry Ltd
and Wharf Resources Plc
In addition he is an
Executive Director of the French based Group DNI
In charge of Business Development


William is the Author of the Books
"And Then There Was Man"
&
"Fields of Gold"
Arima Publishers. ISBN 978-1-84549-499-5


William (with his two Brothers Anthony and Robert Fucilla), founded the Film production company 21st Century Filmworks Ltd. They soon after produced three scientific films being;
The Universe of Myron Evans, The Science and Faith of Larry Horwitz and The World of Hadronic Physics.

William is the associate producer of the feature film, "The Big I Am”.

He has completed the screenplay, script and the directorial guide, to the film, "And then there was man"




William Fucilla's Psychology Practice is in Association with LiUM University, Psychologist Professor Orlando Del Don

notice the LiUM University, Orlando Del Don connection and also the companys he is involved in.

screenshot of his website:

[/quote]

MOD NOTE: Robert Fucilla, through his lawyer, denies validity of these opinions and of this analysis of available data.

 

[The rabbit]

Is it just me....or is this simply the same man at different stages of his life???

It looks like different photos of the same person. Am I mistaken here?

Well if you are asking if the sons are one and the same , then it looks that way to me.They cant be twins because of the birthdays stated.

As you know it is not uncommon for actors to change their names along the way.

Done it myself for one production. I wont say what to :)

 

[EmeraldHope]

If this is a virtual office, how was the recent Yellow Energy Resources AGM held there? As noted on their dodgy web site?

_http://www.airport-house.co.uk/services/meetings-and-events

Meetings and Events

The variety of meeting room and conference suites available to book in the historic setting of Airport House gives your business even more flexibility.

If you’re looking for a professional space to carry out interviews, a temporary boardroom, a private room to host a lunch meeting, or the perfect venue for a seminar, workshop or conference, we can help.

So they could have real and virtual offices there, or all real, or all virtual. And still be able to have an AGM.

I just want to add here that virtual offices are a common scammer ploy. Businessweek did a pretty good piece on it here:


http://www.businessweek.com/magazine/content/08_14/b4078044762786.htm

 

[Steve M.]

I'm curious why they keep Blaming you and Ark for being upset about not getting some medals? My thought is that you (Laura) had a hunch and simply followed your gut instinct to avoid these people. And as usual , from the evidence, your gut instinct(s) served you well.

Personally, I think they are a cult. Frater/Brother or Sorer/Sister are often used in groups like the O.T.O. (Ordo Templi Orientis) or the Golden Dawn, as well as several churches.

I thought I had read earlier that one of these persons was affiliated with some big named bands.. but after searching I guess I'm wrong; my thought being with the holly-weird kids doing movies, that there are shades of Laurel Canyon in this story. Also, to get a little conspiracy minded, secret Governments need money and scamming people out of investments might be a way to fund things.

What keeps me scratching my head the most is, if you have nothing to hide - as this/these person(s) imply, why would he/they keep embarrassing themselve(s) with the repeated quackery and fear tactics to try and get you, as some have said, to remove data that is freely available on the internet?

Lastly, of all the uncool things to do.. how can you get hehehe backward?!

 

[EmeraldHope]

I'm curious why they keep Blaming you and Ark for being upset about not getting some medals? My thought is that you (Laura) had a hunch and simply followed your gut instinct to avoid these people. And as usual , from the evidence, your gut instinct(s) served you well.

Personally, I think they are a cult. Frater/Brother or Sorer/Sister are often used in groups like the O.T.O. (Ordo Templi Orientis) or the Golden Dawn, as well as several churches.

I thought I had read earlier that one of these persons was affiliated with some big named bands.. but after searching I guess I'm wrong; my thought being with the holly-weird kids doing movies, that there are shades of Laurel Canyon in this story. Also, to get a little conspiracy minded, secret Governments need money and scamming people out of investments might be a way to fund things.

What keeps me scratching my head the most is, if you have nothing to hide - as this/these person(s) imply, why would he/they keep embarrassing themselve(s) with the repeated quackery and fear tactics to try and get you, as some have said, to remove data that is freely available on the internet?

Lastly, of all the uncool things to do.. how can you get hehehe backward?!

Blaming them for being upset about a medal is a function of the 'cheerleader' function- see my post here. I will emphasize again that the reference was for a different form of this scheme, but is just a different face of the same thing.


See here: http://cassiopaea.org/forum/index.php/topic,27261.msg334003.html#msg334003


Quackery and fear tactics are also part of this scheme. As Laura put it, it is formulaic. I posted this article earlier, but remember not where exactly : http://www.patrickpretty.com/2012/03/01/editorial-top-justice-department-official-speaks-on-transnational-organized-crime-references-bogus-libel-actions-brought-against-individuals-who-expose-criminal-activities/


You will see the same tactics. Even though it is not "penny stocks" it is the same scheme.

 

[EmeraldHope]

I also want to add here, that what I think is being exploited in people in all of these schemes ( everything from poker to mortgages to stocks to derivitaves ) is pathological gambling.


I am a very good poker player- good enough to play as a prop, and I have. A prop is a propositional player, and one is basically comped by the house to start and keep games going. The biggest downfall in poker is emotional loss of control, or tilt. If one cannot master that, one will lose all of ones money. It takes a lot of work , practice, and coaching, to master this skill. A pathological person will have it automatically- there is no fear.


So it is my opinion that all of the pathological financial schemes originate from them (pathologicals). and they prey upon the people in society that are prone to this type of neuro chemical addiction. (norepinephrine). I am pretty sure that is why the mortgage crisis got out of hand, why the derivitives crisis is out of hand, and why the other schemes flourish, such as penny stocks, hyip, etc. See here:

http://www.medicaldaily.com/news/20120221/9150/brain-chemical-pain-financial-loss-bankruptcy.htm

http://www.enotes.com/gambling-an-addiction-reference/gambling-an-addiction


http://articles.businessinsider.com/2012-03-14/news/31163425_1_loss-aversion-researchers-pain




Now, I may not be wording this all that well - an intellectual I am not. :)

But I can translate what I am seeing across all of these different things, and I am pretty sure I am in the ballpark.

 

[Voyageur]

[quote author=Daenerys ]
I just want to add here that virtual offices are a common scammer ploy. Businessweek did a pretty good piece on it here:
http://www.businessweek.com/magazine/content/08_14/b4078044762786.htm
[/quote]

Good article on virtual offices, it is possible. The thinking on poker/prop kind of helps explain why some are just so good at this and why people keep falling for it.

 

[Ca.]

http://www.walesonline.co.uk/news/wales-news/2008/02/26/plan-for-new-welsh-university-91466-20523036/

[...] When we asked Mr Fucilla, who is head of geophysics at the Institute of Basic Research in Palm Beach, California, how much money he would be putting in to the Myron Evans University, he stated, “The funding of the project at this time is unknown .”

A mistake in location? I can't seem to find said institute.

Here it is: _http://www.i-b-r.org/ir00008.htm in Palm Harbour, Florida.

Interesting facts about Florida. And what a better place then to find new money, and all kind's of investors. AKA Sharks, Swimming with Sharks.

National Drug Intelligence Center
Florida Drug Threat Assessment
July 2003
http://www.justice.gov/ndic/pubs5/5169/overview.htm

Florida's proximity to drug-producing and transshipment countries and its well-developed transportation infrastructure make it an ideal gateway for the movement of both licit and illicit goods into and through the United States. Drug transporters frequently use maritime vessels, commercial and private aircraft, and package delivery services to smuggle illicit drugs into Florida. They also use commercial trucks and private vehicles and, to a lesser extent, buses and railcars to transport drugs into the state. Many of these conveyances also are used to transport illicit drugs from Florida to other states and cities--particularly New York and Atlanta--that serve as major transportation hubs and distribution centers for various illicit drugs

.

Palm Harbor Patch
_http://palmharbor.patch.com/articles/synthetic-drugs-difficult-to-regulate
Synthetic Drugs Difficult to Regulate January 13, 2012

Roots of South Florida corruption epidemic are deep and tangled
Blame it on apathy, greed and geographic complexity
April 16, 2011|Michael Mayo, Sun Sentinel Columnist
http://articles.sun-sentinel.com/2011-04-16/news/fl-corruption-mayocol-b041711-20110416_1_beach-commissioner-sylvia-poitier-political-corruption-school-board-member

Eye on Pinellas County
Under The Microscope Series
http://pinellascounty.blogspot.fr/

The warm Gulf of Mexico is on the left, Tampa Bay on the right, making Pinellas County, Florida one of the most scenic places in America. It is also home to two major cults--Straight, Inc. in St. Petersburg and The Church of Scientology™'s naval headquarters in Clearwater. Futhermore, it has one of the most corrupt government/court systems around--and some feel its newspaper is on the take. Your comments are always welcome but we do not necessarily endorse them.

Corrpution
Florida Public Corruption Ranks Fourth in U.S.By Chris Sweeney Thu., Feb. 16 2012
http://blogs.browardpalmbeach.com/pulp/2012/02/florida_corruption_convictions.php

THU MAR 29, 2012 AT 01:39 PM PDT
Anti-Government Corruption Probes – Why does Central Florida Keep Getting A Pass?
http://www.dailykos.com/story/2012/03/29/1078945/-Anti-Corruption-Government-Probes-Why-does-Central-Florida-Keep-Getting-A-Pass-

The Wealthiest People in Florida
Forbes magazine ranks the 400 wealthiest people
http://orlando.about.com/cs/articles/a/wealthyfl.htm

In 2004, Forbes Magazine ranked the wealthiest people in the United States. Of the 400 on the list, 22 of theses individuals claim Florida as their home. See what they did to earn their fortunes, and learn about the companies they run. Their names may not be well known, but the products they produce or the services that they provide are something we have all heard of.

Asset Protection Law Journal (Off Shore Trust)
Helping Individuls and Bussiness take advantage of Asset Protection laws
http://www.assetprotectionlawjournal.com/articles/offshore-trusts/

All roads lead to Rome
_http://en.wikipedia.org/wiki/Jeb_Bush
_http://www.guardian.co.uk/world/2002/dec/02/usa.books

Nasa People
_http://nasapeople.nasa.gov/employeebenefits/retirement/default.htm

The Snare, to stimulating grandures of self importance.

 

[Niall]

Confessions of a rip-off artist

The Guardian, Saturday 31 May 2008

A former broker at one of the City's most notorious firms blows the whistle on how small investors are conned into buying worthless shares. Tony Levene reports

Pacific Continental Securities was possibly the UK's most notorious firm of stockbrokers. Its team of young salesmen used high-pressure tactics to lure clients into buying shares that for most investors were almost a guaranteed route to financial ruin.

After a wave of complaints, the Financial Services Authority finally banned the firm from taking on new business last year. Pacific Continental went bust shortly afterwards.

But as hapless investors lost their savings, the brokers raked it in.

Today a former broker at Pacific Continental reveals how he was encouraged to make false and misleading claims to sell shares - and warns that many of his former bosses and colleagues have now moved to other City firms. Innocent individuals, he claims, are still being plagued by the same high-pressure sales tactics used to sell ultra-risky stocks.

Let's call our whistle-blower John Hunter, although that's not his real name. He has asked us to change it because he has now made a fresh start in life outside of stockbroking. He hopes his story will warn investors to stand well clear of what he describes as "just-about-legal boiler rooms".

John's story

"I am not proud of my career at Pacific Continental. I caused innocent and trusting people to lose money.

But, and I know some will be sceptical about this, I feel conned myself.

When I left a temporary job in 2005, I wanted to work in the City. I knew I was not an automatic prospect.

I had left school at 17, skipped university and my only work experience was in a shop. But I was determined to succeed.

I sent off 60 letters to City firms and recruitment agencies. All ignored me, except Pacific Continental and one other. I opted for PacCon because the other company was so over-the-top, promising that I'd soon be driving a Ferrari. That was ridiculous.

Before I started at PacCon, I had to pass FSA papers in regulation and securities. They were easy to answer. At PacCon's Cannon Street offices, I was surrounded by young people - almost all male. Many were effectively barrow boys. We all thought we had made it as City stockbrokers.

There was no formal training. The way it worked was that four or five juniors would report to a desk head. I later learned my desk head had previously worked for a Barcelona boiler room. I was paid £18,000 a year plus commission. But desk heads earned a lot more. My job was to phone "leads". We got some from a "marketing company". If anyone asked, we would refer to some form they had filled in or some sort of market research they had helped with.

Under FSA rules, we were told to ask "know your customer" questions. These were designed, in theory, to weed out those for whom the small company stocks we sold were unsuitable.

We often asked questions in such a way the customers would give the answer we needed. We would encourage people to exaggerate their earnings and portfolio.

Few wanted to be thought of as "scared" of small company shares.

My desk head gave me a script which, he said, was "what you need to say under FSA regulations".

We were aggressive with our sales pitch and didn't give risk warnings if we could avoid it. I was encouraged to browbeat customers into a sale - in fact, it worked that anything was fine if it resulted in the punter buying. I was new to this and thought PacCon methods were normal. With commission, I earned £2,000 a month.

One stock I sold shares in was New Millennium Resources. It was listed on AIM and involved in mining in Angola. We were told to tell clients about the press releases this company put out, detailing its new diamond finds. It was a good story to sell - and I got rid of about £40,000 in this one - including £5,000 to an elderly lady.

Whenever any of us made a big sale, we'd shout, clap and cheer - even laugh if the customer had caved in for a big amount without a fight. Then we'd be praised in the office and taken out by the desk head - champagne and, for some, strip joints. And we'd move up a place on the sales board which recorded our success.

The real money was made by desk heads. They could earn up to £750,000 a year by "re-dealing" - selling more to the clients you had softened up. This might be another stock which was promised to replace the losses clients made in the original shares we pitched. They were the real power - the ostensible heads the FSA talked to used to just sit in their offices playing solitaire.

Calls were apparently recorded but there was no oversight and no one ever listened to them. If you were really outrageous, you'd get a verbal warning but it was seen as a joke.

In spring 2006, New Millennium was delisted from AIM and the shares I sold for up to 10p became effectively worthless - they were never sellable at a profit. I then started asking questions which did not make me popular - they told me to shut up and sell.

So how did we get the price up so high? It was through "stock supporters" - someone with an interest in the shares who would put out press releases and buy a few thousand shares. By spending perhaps £300, they would double the share price - if one person bought and no one sold, the value soared. Clients were never encouraged to sell; after all, we wanted to flog shares we'd bought from the promoters at a big discount to our asking price.

When the penny dropped after six months, I realised what we told clients was, charitably, very optimistic. More honestly, it was totally imaginary. I felt like total crap. I knew I had stolen from clients just like a mugger, but I was grabbing more than a mobile. I felt like a coward - I had never met my victims. I'm not specially moral but I was really shocked this was all legal.

Other than FSA approval and a City base, the firm was just like a boiler room. It was outrageous, but what is even more outrageous is how some ex-colleagues have set up lookalike firms. They know they are in the wrong - one even has a bodyguard in case angry punters pay to have him eliminated. All I can now say is sorry."

Pacific Continental Securities (UK) went bust in June 2007. Insolvency practitioners Smith & Williamson sold the assets to Brooklands. PacCon was wound up in March 2008.

Investors who show mis-selling can now lodge claims with the Financial Services Compensation Scheme (go to fscs.org.uk). Claims could total £250m.

t.levene@guardian.co.uk

 

[Niall]

Pacific Continental Securities brokers William James Coppin and Perry John Bliss fined for giving Provexis tip

The Telegraph, 15 December 2010

A pair of former stockbrokers who used inside information to encourage clients to buy shares have been fined a total of £100,000 and banned from working in the financial services sector.

William James Coppin and Perry John Bliss were fined £70,000 and £30,000 respectively by the Financial Services Authority (FSA) for exploiting information they held about Aim-listed research specialist Provexis, while working for Pacific Continental Securities - the stockbroker that collapsed three years ago.

In March 2007, Coppin and Bliss both received an email from a colleague entitled "Provexis". The text read: "Gentlemen, This script does not exist" and a sales script for Provexis shares was attached.

The text of the script contained inside information stating that Provexis had signed an agreement with an unnamed major food company, revealing that an announcement on the deal was imminent and would drive the share price 5p or 6p higher, a 100pc increase at the time.

Over the next two days, both men made a series of calls to clients in which they disclosed that Provexis was going to announce a major contract shortly that see its share price rise. Using this inside information, they encouraged some of their clients to buy Provexis shares.

Later that month, Provexis announced the contract and the company's share price increased by 19.81pc in one day.

The FSA ruled that both men had committed market abuse by using the inside information about the announcement and its likely impact on Provexis' share price as part of their sales tactics. The regulator said their actions of Coppin and Bliss were deliberate and had been driven by their desire to get a bonus.

Margaret Cole, the FSA's managing director of enforcement and financial crime, added: "By using inside information to encourage their clients to buy shares, Coppin and Bliss abused their privileged positions and gave their clients an unfair advantage over other investors.

"It is important that there is a level playing field for all investors and we will not hesitate to take action to ensure that the UK markets operate in a fair, efficient and orderly way for all."

The fine is the latest in a series of actions taken against former employees of Pacific Continental Securities, which ceased trading in June 2007 and was put into liquidation in 2008. The FSA has already taken enforcement action against Steven Griggs, its former chief executive, Charles Weston, former finance director, and Alexei Krilov-Harrison, a former stockbroker at the company.

 

[Palinurus]

Today's SOTT carries an article from Matt Taibbi of Rolling Stone that bears relevance here, as was already astutely signaled by wytebear in the comments over there.

See: http://www.sott.net/articles/show/243874-Why-Obama-s-JOBS-Act-Couldn-t-Suck-Worse

The JOBS Act seems like it will invite a replay of the disastrous tech-stock bubble of the late nineties. That mess was made possible by a historic collapse in accounting standards, with the great investment banks the pioneers of the collapse. In the old days, in the fifties and sixties for instance, you would never take a company public that wasn't profitable at the time of the IPO, or didn't have a multi-year track record of solid revenues.

When the banks stopped insisting on proven track records or real profitability before taking a company public, there was a sudden explosion of stock-market investment into heretofore unknown internet firms. Companies with no track records went from having literally no revenues at all to having five or six billion dollars' worth of market capitalization overnight. Banks explained that the new way to measure a company was by the quality of its ideas, not boring old indicators like revenues.

Even Alan Greenspan told the world that technology had made such great advances that the traditional laws of economics no longer applied, that there was "new paradigm," and that it was possible to have long-term growth without inflation. He essentially told the world that the bubble wasn't a bubble, because all that phony growth was not phony at all, it was just a whole bunch of people properly evaluating great new ideas, albeit before they had actually performed.

And we later found out, of course, a lot of that value wasn't value at all. And a lot of that sharp growth in the nineties was actually caused by complex fraud schemes like "spinning" and "laddering,", wherein banks artificially pumped up startup stocks in exchange for future business, or rigged the IPOs so that they would have fake "bumps" in investment at pre-arranged times.

Sometimes the companies themselves were the victims in the fraud scams, and sometimes the company executives were beneficiaries of fraud. But in virtually all of these schemes, the casual investor was the big dupe in the con. When the dot-com bubble finally collapsed, costing the world about $5 trillion in losses, the major victims were ordinary people. We can expect a replay of the same thing now, only on a much bigger scale.

 

[EmeraldHope]

Today's SOTT carries an article from Matt Taibbi of Rolling Stone that bears relevance here, as was already astutely signaled by wytebear in the comments over there.

See: http://www.sott.net/articles/show/243874-Why-Obama-s-JOBS-Act-Couldn-t-Suck-Worse

The JOBS Act seems like it will invite a replay of the disastrous tech-stock bubble of the late nineties. That mess was made possible by a historic collapse in accounting standards, with the great investment banks the pioneers of the collapse. In the old days, in the fifties and sixties for instance, you would never take a company public that wasn't profitable at the time of the IPO, or didn't have a multi-year track record of solid revenues.

When the banks stopped insisting on proven track records or real profitability before taking a company public, there was a sudden explosion of stock-market investment into heretofore unknown internet firms. Companies with no track records went from having literally no revenues at all to having five or six billion dollars' worth of market capitalization overnight. Banks explained that the new way to measure a company was by the quality of its ideas, not boring old indicators like revenues.

Even Alan Greenspan told the world that technology had made such great advances that the traditional laws of economics no longer applied, that there was "new paradigm," and that it was possible to have long-term growth without inflation. He essentially told the world that the bubble wasn't a bubble, because all that phony growth was not phony at all, it was just a whole bunch of people properly evaluating great new ideas, albeit before they had actually performed.

And we later found out, of course, a lot of that value wasn't value at all. And a lot of that sharp growth in the nineties was actually caused by complex fraud schemes like "spinning" and "laddering,", wherein banks artificially pumped up startup stocks in exchange for future business, or rigged the IPOs so that they would have fake "bumps" in investment at pre-arranged times.

Sometimes the companies themselves were the victims in the fraud scams, and sometimes the company executives were beneficiaries of fraud. But in virtually all of these schemes, the casual investor was the big dupe in the con. When the dot-com bubble finally collapsed, costing the world about $5 trillion in losses, the major victims were ordinary people. We can expect a replay of the same thing now, only on a much bigger scale.

Wish I could say that I am surprised, but I am not. Next verse same as the first.


They have to do something to feed the entropic derivitives black hole that is the proverbial elephant in the living room that no one wants to discuss. If everyone had to mark to market and do things honestly, everything would collapse overnight.

 

[Joe]

So how did we get the price up so high? It was through "stock supporters" - someone with an interest in the shares who would put out press releases and buy a few thousand shares. By spending perhaps £300, they would double the share price - if one person bought and no one sold, the value soared. Clients were never encouraged to sell; after all, we wanted to flog shares we'd bought from the promoters at a big discount to our asking price.

And that, I believe, is the way that Fucilla and his companies work, and it the reason that, for many of them, this Bruno Denantes person and others 'buy' a large stake in the company.

 

[Laura]

So how did we get the price up so high? It was through "stock supporters" - someone with an interest in the shares who would put out press releases and buy a few thousand shares. By spending perhaps £300, they would double the share price - if one person bought and no one sold, the value soared. Clients were never encouraged to sell; after all, we wanted to flog shares we'd bought from the promoters at a big discount to our asking price.

And that, I believe, is the way that Fucilla and his companies work, and it the reason that, for many of them, this Bruno Denantes person and others 'buy' a large stake in the company.

And imo the reason that they want to get all these scientists on their website - to give them uber credibility for the grand-slam, end-of-the-world swindle.

And scientists as a rule, are a pretty naive bunch. Again, it reminds me of the story Robert Hare wrote about in "Without Conscience".

Psychologist Robert Hare cites a famous case where a psychopath was "Man of the Year" and president of the Chamber of Commerce in his small town. The man in question had claimed to have a Ph.D. from Berkeley. He ran for a position on the school board which he then planned to parlay into a position on the county commission which paid more.

At some point, a local reporter suddenly had the idea to check up on the guy - to see if his credentials were real. What the reporter found out was that the only thing that was true about this up and coming politician's "faked bio" was the place and date of birth. Everything else was fictitious. Not only was the man a complete impostor, he had a long history of antisocial behavior, fraud, impersonation, and imprisonment. His only contact with a university was a series of extension courses by mail that he took while in Leavenworth Federal Penitentiary. What is even more amazing is the fact that before he was a con-man, he was a "con-boy." For two decades he had dodged his way across America one step ahead of those he had hoodwinked. Along the way he had married three women and had four children, and he didn't even know what had happened to them. And now, he was on a roll! But darn that pesky reporter!

When he was exposed, he was completely unconcerned. "These trusting people will stand behind me. A good liar is a good judge of people," he said. Amazingly, he was right. Far from being outraged at the fact that they had all been completely deceived and lied to from top to bottom, the local community he had conned so completely to accrue benefits and honors to himself that he had not earned, rushed to his support!

I kid you not! And it wasn't just "token support." The local Republican party chairman wrote about him: "I assess his genuineness, integrity, and devotion to duty to rank right alongside of President Abraham Lincoln." As Hare dryly notes, this dimwit was easily swayed by words, and was blind to deeds.

What kind of psychological weaknesses drive people to prefer lies over truth?

Read more (the above was extracted from an article I wrote years ago):
http://www.cassiopaea.com/cassiopaea/psychopath.htm

It is also one of the clearest examples of ponerization I've ever seen up-close and personal.