“I want to congratulate James on his selection as area director and thank him for his years of dedicated service in fulfilling the Indian Health Service mission.”.
All information is displayed unmodified and as provided by the source agency. Fort Worth, TX 76102-6882, Global is a Nevada limited liability corporation owned and operated by Harrison and Herisko and based in Houston, Texas; and. 18) John M. Adams, age 54 and a Mundelein, Illinois resident, was the vice president of USRBT from at least 1996 to December 2001, when he was fired by Ed Driving Hawk.
DRIVING HAWK, SR.; Harrison, Herisko, and Emerton control and operate Global-Link. 79) By reason of the foregoing, the Defendants violated and, unless enjoined, will continue to violate the provisions of Section 10(b) of the Exchange Act [15 U.S.C. 107) An order that each Defendant and each Relief Defendant be restrained and enjoined from destroying, removing, mutilating, altering, concealing or disposing of, in any manner, any of their books and records or documents relating to the matters set forth in the Complaint, or the books and records and such documents of any entities under their control, until further order of the Court; 108) An order allowing that the parties may commence discovery immediately, and that notice periods be shortened to permit the parties to require production of documents or to take oral depositions on seventy-two (72) hours notice by facsimile or personal service.
2) The USRBT investment scheme promised investors that their funds would be held in "safekeeping" and would not be removed from the institution in which they were deposited. Because USRBT had no other source of income, it used approximately $50 million of those investors' funds for "Ponzi" payments of principal, profits and interest to other investors. These documents stated that "USRBT is an Indian bank where every account, no matter how large, is insured by an individual policy issued from one of several "A" or better insurance companies and that this coverage is vastly superior to FDIC and SIPC coverage." 0000001198 00000 n
The United States Securities and Exchange Commission ("Commission"), files this Complaint against Defendants U.S. In addition, without basis, Global represented to the offerees that they would receive at least 20% annual return on their investment that there were practically no risks associated with the investments, that the investments were exempt under Commission rules, and that Global had entered into a contract with an asset holder who could complete the transaction. Global-Link is the subject of a 1995 Commission cease-and-desist Order prohibiting it from committing or causing securities fraud. 80) Plaintiff Commission repeats and incorporates paragraphs 1 through 75 of this Complaint by reference as if set forth verbatim. USRBT was purportedly granted two business licenses: the first, on May 12, 1992, by the Rosebud Sioux Tribe in South Dakota, and the second, on November 9, 2001, by the Salt River Pima-Maricopa Indian Community in Arizona. ORPHA JANE JOHNSTON; Defendants Solely for 07616500 He is not licensed to offer and sell securities. Smedley had his earnings from USRBT paid to Johnston because he did not want to have them affect his social security benefits.
67) In addition, $1 million of investors' funds were transferred directly to USRBT principals: Adams received $480,000 and also purchased a $50,000 Suburban, James Driving Hawk received $185,000, and Smedley received $130,000. HIT's check ledger reflects that approximately $150,000 of investors' funds was used to pay for HIT office expenses, including rent, office supplies, computers, office repairs and payroll. 77) As a part of and in furtherance of their scheme to defraud, the Defendants, directly and indirectly, prepared, disseminated or used contracts, written offering documents, promotional materials, investor and other correspondence and oral presentations which contained untrue statements of material facts and misrepresentations of material facts and which omitted to state material facts necessary in order to make the statements made, in light of the circumstances under which they were made, not misleading, including, but not limited to, those set forth above. Many of the individuals in this network believe that these trading programs really exist, but that the government and the wealthy hide them from the common investor. FOR THE DISTRICT OF ARIZONA Contact Information: 605-226-7581 Global-Link is not registered as a broker-dealer with the Commission or with any state. 51) Most investors were given the details regarding the investment program through conversations with USRBT principals, Ed Driving Hawk, Leo Driving Hawk, Adams, and Smedley, as well as Harrison, Herisko and Emerton of Global-Link.
She studied journalism at the South Dakota State University. 60) Third, USRBT never made any "profits" from trading activity, and it did not inform new investors that it had made "Ponzi" payments of profits, interest, and principal to previous investors. Summary: James Drivinghawk was born on 06/15/1956 and is 64 years old. 24) Oyate Enterprises, L.L.P. § 77t(d)] and Section 21(d) of the Exchange Act [15 U.S.C. Postal Service data is managed exclusively by the USPS .
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