419-Legal Fraud and Scam Forum - View Single Post - D.C. Metro Area

re-foundingmother · #11 (**permalink**) 10-06-2007, 11:09 PM

Quote:

Originally Posted by ralphmalph

Can you give any details about the "bigger crimes"?

What other business areas are being compromised?

Ok, MDH bills itself as a Point Of Sale Equipment/Service Company, not a real estate company not a mortgage company. They also tell their investors that revenue is being created by all these other products like digital advertising.
Who's their advertising maven on staff or what clio award winning company do they work with?

Where is MDH advertising agency? There's been R&D for 2 years on that. And no company. And anybody in advertising knows there are market cycles that follow in advertising. Like for example selling stuff during Christmas end of season is thought out usually paid for and ready to roll out during Aug Sept. If MDH companies know this and miss deadlines plus don't actually do what the business ad wanted, where is the fault for lost Christmas business and who suffers that loss? MDH or the company that was not really advertising their Christmas widget?

Where's the FCC who monitors broadcast material which includes narrowcasting types in local retail or over the internet?

Narrowcasting and even the Walmart "in house ads on plasma screens" outsources their production and delivery, they don't produce all of it themselves or alone. And they have rules guidelines for publication and distribution. Where does MDH get any material and who's the creative and where are the ads they sell? And where is the oversight?

If you run a hairsalon and three different venues have approached you for a sales call this week about your business, and one of them happens to be an MDH company that isn't really advertising are they really damaging your business by the time lost and dollars lost if you chose them? What about the client that the other two sales callers lost?

Where's the Federal Trade Commission about merchantability of a product or service being marketed by these companies? Consumer Protection Hotline anyone?

Where is the Truth In Advertising oversight?

Where's HUD and fair housing and discrimination when all the invalid or unenforceable leases on these investment properties get to rent court? Most of the MDH employees either live in a MDH home with mortgages getting paid or if they didn't invest do they have a lease for rental and with what income verification? Did the rent cover the mortgage or was it free and part of salary? Or was it half and half?

Where's equal opportunity employment laws (out the window?) when you don't have a human resources department or any conflict resolution arena? How do people apply for a sales job to sell products that may not necessarily exist? Or if revenue for a company that they work for is really borrowed not earned and will never be earned? How do the "secretaries" honestly earn a living if their paycheck comes from a pool of investment money instead of revenue generation? What is the justification of the secretarial position?

Most start-ups get going over a kitchen table or in the garage before they get secretaries, just for example. Most companies test their market and make some sales before hiring a bunch of people. Most companies do a business plan before they start a business and have a vision or mission statement. Does anybody know what MDH's mission statement is? and do we know it on paper with an executive summary or some other About Us FAQ? and I'm talking about a mission statement not a tag line that says "Together we all achieve miracles." I hope every one has seen this one from Metro Grapevine for the laugh.

AHW has created 6, 8, 12, or more other companies and corporate liability shields and they are all funded with real estate investor money yet he says he is not a broker dealer or in real estate.
This "Money" by the way that was not theirs to invest, but borrowed money from a bank, just signed for with excellent credit. And since it is all electronic, we know that no one ever really put 100k of savings in some one else's account, it just showed up there electronically to be withdrawn more slowly after going to a RE settlement. No one ever actually touched those dollars changing hands.
I'll get to the "money borrowed" issues.

There is no business plan for any of these businesses until after they are funded to the family and friends of those controlling the cash and even then, where's the real business plan? Where's the marketing plan? If you look at MDH roster of investors and employees, guess what? Whole families including more than one or two separate households of families are buying houses as investors in the programs getting mortgages paid and collecting salaries for working for a conceptually made up new company that doesn't really do the business they say they do.

For one of the new businesses, I was asked a question a couple of months ago about how to buy commercial real estate so that equity could be moneytized and just stripped from the purchase. On commercial property. By one of the employees who had just started a new LLC funded and partnered by the employer MDH to buy commercial property. It was also obvious that this person thought buying commercial property was the same as buying residential. Didn't know what "cap rate" meant and had never really looked at any resources or even late night infomercial on the subject. But the LLC basis was funded by MDH dollars.

Ask any MDH employee who's title is customer service or account executive or whatever to write a job description for themselves. what do people in the lower positions than CEO think they are doing?

Look at any MDH website (well no longer up but true when they were) and read About US. Google any industry term like "Digital Signage Washington DC" or look in a magazine like "Kiosk Marketplace" and see where any of the companies come up in SEO (search engine optimization) or trade area search. Can you find an MDH company in the first 4 or 5 pages or even more under that search?

When you want to start a donut business because you like donuts, you gotta start making the donuts at some point and you gotta make your first sale to people that like and want donuts, then you can hire other people who want to make more donuts and hopefully they like to make donuts and want to find others who want donuts.
What do you think the problem would be if you SAY you want a donut Business, yet you don't do any (or very little) donut business and you don't have enough sales to justify hiring other donut-liking people but you do it anyway? And the people you hire actually also want and like donuts AND they know people who want to buy real good donuts?

and they want that business or want to sell donuts and can find people who like donuts and then their reputation is compromised because there aren't any donuts for these people that they went out and found? and then the employee finds out that the company that they work with is not what it said it was and was never making money from donuts even though they said they were? What does that employee do on the next job interview at a different donut making shop?

How about the fresh outta school college students that MDH has solicited from several local universities that think they want to work in Digital Advertising? How about the ownership of work product and intellectual property and job fairs and service people like lawyers and title companies and retail establishments and competitors really in business to sell any product that MDH says they have?

And is the landlord of the donut shop hurt when the business goes bad? What if they intended to open 16 donut shops without selling donuts but just set them up to "clear money" and "pay expenses" and look busy but weren't? Does the location go up in value or down? And what about vacancy rates? and what if the 10 of the 16 were from the same landlord?

Google define:racketeering and see if anything here fits.

It is the planned obsolescence that injures, not a legitimate business attempt that just doesn't make it. Where do the stats come from about small businesses anyway?

And does the employee get to apply for unemployment compensation while unemployed after this job goes bad?

The only other thing I will include now is about general economics 101.

Everyone reads in the paper about the declining value of dollar and sending business overseas and the sub-prime mortgage problems (that banks really brought on themselves) and government bail out of some of these. but here's the kicker

the dollar is going down in value because it is a debt instrument to begin with. When we have a job we trade our hours for dollars which are really "notes;" read a one dollar bill some day.

When we invest with our dollars to make more dollars just for dollars sake it just really creates more debt. (Example, the Federal Reserve can just print more and flood the system. Take a barrel of oil -- in 1995 it cost $55 in 2007 it cost $70. Did the oil change/get better or does it just take more dollars to buy the same quantity of the same product? One step further in this example is these MDH houses, over-paid for with bank's dollars, not investor savings accounts in order to rip off the bank's cash not create value and it is cash for cash sake not cash for creating valuable goods, products, services or education).

If the dollars are invested for products, services or education there is an actual trade or value in the transaction. The dollar that was "re-designed" if you will, (during the 70's when Nixon took us off the gold standard), has approximately a 40 year decline built in. We are coming to the end of the 40 years and borrowing plus consumer debt is at all time high because of easy access to dollars (debt instruments) not assets (houses, silver, oil, whatever).

When a company comes along just preaching and setting the example of cash for cash sake, it becomes really scary. MDH is getting people to trade their earned assets like credit score or equity in real estate or their sweat equity or time in a job for cash... instead of the other way around. I agree people need cash to live and I'm one of them. But to constantly strip out cash from an asset exploits the resource and creates a conflict over that resource. The resource in this case is the people not the banks.

"unrestricted demand for a finite resource ultimately dooms the resource through over exploitation. the cost of that exploitation is distributed to all whom the resource would be made available and is wider than those actually exploiting it"

You all might think that this is over the top or too much for this post or even that I am off my rocker. But the Pinnacle RE scam in Atlanta took 9-10 years to get through, people just caught and imprisoned this year and late 2006 and and affected lots of people plus their real estate market. And they weren't selling anything but real estate ponzi.

MDH says they are a Point of Sale Businesses, and Digital Technology and Property Management, and Rehabbers, Developers and Prepaid Credit Card and other card products and they have partners who sell ads, work with minority communities and unbanked individuals and they stand on laurels that they haven't earned affecting THOUSANDS of people and their livings.

And they call "civil rights foul" when questioned by government authority in one area. And the ways that could really save investors and really make them some money in an earned fashion instead of a stolen fashion are easier and less costly and productive instead of destructive and simply expense driven draining companies.

That is what I don't get. When it is so easy to do it the correct way, why does one choose to do it the wrong way?

Andy Williams is an excellent fund raiser as so many of our model citizens are (consider politicians, Enron's and Tyco's top dogs, Big Pharm etc. ) and it is obvious that no areas are immune to scandal and scams. But small businesses especially affect the middle class and the majority of the citizens. That is why I feel this problem is much more than investors just being conned into giving borrowed money into a get rich scheme for cash for cash sake.

This country is in serious trouble with debt and war and employment and all the rest. And the middle is getting hurt the worst. When an authority figure told me the other day that "$100 million seems like a lot to me and probably to you too, but in the scheme of business it is still considered small potatoes" that is when I realized that all it takes is a couple of these "little small potatoes" problems in a concentrated area to bust some people and some communities possibly yours and mine straight to oblivion.

I hope there is some helpful stuff here and not just drivel. I feel strongly about this and maybe I have picked the wrong area to exercise that. I know I am not a journalist style writer and I appreciate the friendly nature of this posting board and I really want the "big picture" to develop some traction in getting resolved. I realize that there are some who are just reading for fun but I hope like minded people will get involved in shutting down the Market Destroyers.

Easy Money is always followed by Hard Money. Trying to learn and do something good for your family shouldn't necessarily include this scam of the unsuspecting or unsophisticated consumer and the empirical control that companies like MDH try to establish.

I'm a smart enough person who didn't invest money with them, but yet MDH has usurped my small business to destructive ends because I tried to teach and build and be the partner that I was looking for.

(to use Robert Kiyosake's quote) "Don't try to teach pigs to sing, it frustrates the pig and wastes your time." With the economics of declining dollar and the ongoing war, we can little afford these seemingly small internal battles with meanies where individuals and whole communities or systems or businesses are destroyed from the inside out.