11-15-2007, 05:40 AM
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Junior Member
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Join Date: Nov 2007
Posts: 4
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The Not-So-Simple Truth
Quote:
Originally Posted by ralphmalph
I will say that you talk like you are not on the up and up since you have posted literally thousands of words and I don't think you have ever said one thing.
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If you think that re-foundingmother has not said anything, you simply don't see the full picture. Yes, Re-Fou may be a bit long on words...and tends to look at the REALLY, REALLY BIG picture (especially when it comes to national economics and the value of the dollar)...but the truth is in there. Remember, nothing happens in a vacuum. It is all related. As for any plan she is talking about, she understands we all need to have a plan b (whether we look for it together as a group or individually).
The truth is this stupid scam began in Fall 2005, when Andy was launching 3 separate companies...Billboards4ATMs, POSCafe & US Merchant Services (the reason for 3 separate companies..his quote "in case any one of them gets shut down, they can't touch the other ones"). The partners were Andy Williams, James Anderson, Robert Williams and Kevin Williams. Originally, they were working on a few real estate deals to come up with the financing for these companies. Andy was very excited about how easy it was. He then re-focused his efforts into pulling in more money from housing investments than actually trying to launch any of the businesses. The partners separated into multiple businesses, but still attended all the same meetings, have parties together and shared funds and bank accounts. Again, nothing happens in a vacuum. Its all related.
FACTS: The marketing material was just show (meaning they wanted something that looked like a big business even though it was just air). The return on investment figures presented never showed operating costs, never showed a realistic business case...they only showed gross revenue projection on a best case scenario (or were often made up completely). They never had any operating plan, business plan or marketing plan, or even any organization...nor did they make any attempt to pull it together (although they occasionally talked about it).
The truth is that, from the start, this company (and all of its related companies including PointNet, CaptiveTV, etc) was very aware of all the steps it needed to take to make these businesses legitimate. They talked a lot of talk, but actions speak louder than words. In the end, they refused to do the right thing. Since they were made aware that they were doing wrong and were given the right way to do it, they all knowingly chose to commit fraud.
The truth is that Andy wanted to head a large company. He wanted to drive nice cars and live in a big house again. He wanted to demand respect. But he never earned any of that. He's just a con man that has a way with words. (He also had a way of looking like a bumbling idiot...but I believe that was part of the con, too.)
I truly hope that all the agencies investigating the Williams scam follow the trail all the way back to the beginning and that justice is served. But I fear that they'll ultimately get away with it. They took at least one trip to the islands with their accountant. I would not put it past them to have moved funds to off-shore accounts.
I think the reality is really sad. Everyone that has been scammed (myself included) needs to look at other sources of income to rebuild what has been lost. Yes, legal action needs to happen. Yes, justice needs to be served. We should all do our part to make that happen. But that won't fix bad credit. It won't pay the bills (if and when a settlement comes).
So how do we recover? That's an individual decision. We each need to define our own plan b. But hopefully each of us has learned valuable, albeit, painful lessons...(1) to do our homework, (2) don't gamble more than we can afford and (3) don't put all our eggs in one basket.
...and don't give up hope...at least we will all be that much harder to scam.
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