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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  • 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.