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Coadum
Coadum Ponzi aka Madoff aka you lose either way They were also cleared for business with the SEC Salt Lake city, Utah
9th of Jan, 2011 by User367258
Coadum Advisors, et al; James Jeffreys and Thomas REpke of Salt lake City


knew how to Ponzi even the ponzi.


What most people caught in the Ponzi can not imagine is the second Ponzi


How the first Ponzi works is the new investor feeds the old investor


as in Madoff or any other Ponzi


The second Ponzi works this way. The SEC finds out that the Ponzi is active


appoints a court appointed " Receiver" usually a law firm to go in and


investigate the scam. In the meantime the Ponzi can draw a salary while this


is taking place. Now come the fun part. The receiver calls the victims to


notify them they must return all money that they invested, along with any and all profits ( ponzi interest payments) you say what? You mean I have to give you back


my original hard earned dollars and then the ponzi returns? The answer is yes.




Why? because the clock is ticking , the receiver ( law firm appointed by courts)


has to bill the hours ( which can take years and fees into the millions) so they can


return to you he victims some pennies on the dollar. Yes ladies and gents, the reason that there are so many ponzis and the government cannot catch them


sooner is there is actually a business built around the Ponzi. Its called Law firms


they get theirs no matter who wins or loses. You get to lose twice, and


not one media outlet has reported this Ponzi to date. The utimate Ponzi is


the victim is played twice. Once by the defendant, once by the receiver and


courts. Now that is the Madoff of the story. Bernie knew this and was great


at concealing it. The SEC had more red flags than a bullfighter in his or her


career. They cared less


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