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8/2/2019 Federal Corruption Assists Bain's RICO Efforts
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8/2/2019 Federal Corruption Assists Bain's RICO Efforts
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Paul Traub's firm and MNAT put in thirty-four (34) fee applications in eToys, gaining millions
while fabricating, under oath, that they had NO conflict of interest. MNAT and Traub's firm lied that
they were not connected to Bain, Liquidity Solutions, Kay Bee or Goldman Sachs. Then they sold
eToys to Bain/ KB for zilch and illicitly destroyedincriminating Books n Records. In the meantime
MNAT appointed Traub to prosecute Goldman Sachs in New York. Resultantly, (as Goldman Sachs in
essence was suing itself); the case failed, was closed and placed entirely under Seal from public view.
A pesky fiduciary liquidator refused to take a bribe or be part of the hanky panky and forced
Bain/ KB to pay tens of millions more for eToys. The cohorts fired the liquidator, stole his monies too,
whileLiquidity Solutions bought up eToys claims. Then criminals designed the case for eToys to be
able to settle claims for under $1 million without the need of approval from the court. All that was
needed is the Administrator/ CEO (Mr. Gold), would have to ask the Creditor's (Paul Traub) for
permission. These conflict of interestcrimes (Collusions) were caught by aSmoking Gun in 2004.
Yet, despite confessions, no arrests were made, no bankruptcy fraud investigation began and no
perjury trials. This is due to the fact that the United States Attorney in Delaware that refused for 7 years
to investigate/ prosecute the crimes was Colm Connolly. He too, had a majorconflict of interestissue
that is not disclosed. In 2001, (the very year the crimes began), Mr. Connolly was a partner atMNAT.
It is publicly known that the SEC & OSC destroyed case files as the Public Corruption Task
Force was shut down and Asst US Attorneys' threatened. Mr. Glazer of KB, paid himself and Bain tens
of millions of dollars and then filed bankruptcy. MNAT represents Bain in that fraud and Paul Traub
had the unmitigated gall to ask to be the one to prosecute the violations. When the whistle blower
pointed out these crimes, the Delaware Department of Justice had the evidence destroyed. Indications
criminality continues is the fact Traub was alsopartners with Ponzi schemer's Marc Dreier and Petters.
Mitt Romney's Bain ruthless efforts has garnished prolific attention as his possible Presidential
nomination gets closer. Ignoring admissions to intentional frauds on the courtandPerjury acts, the
prosecution of Bain's evident racketeering enterprise continues to be stymied by federal corruption.