Another Massive Swindle In
California
$216 Million Is Missing And
Believed To Be Stashed In Israel
Bruce Friedman And His Son Dyan
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Bruce Friedman Indicted
Sherman Oaks-based mortgage banker Bruce Friedman, was indicted on
securities fraud charges today by the Securities and Exchange
Commission.
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What Did He Do?
He sold certificates in mortgage deeds. His two
companies—Diversified Lending Group and Applied Equities, Inc.
perpetrated a $216 million real estate investment fraud, raising money
from hundreds of investors nationwide, promising guaranteed high
returns via real estate investments.
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Friedman's Trophy Shiksas
Friedman spent $17 million to support his lavish lifestyle,
including purchases of a luxury home, cars, vacations, jewelry, and
designer clothing for himself and an alleged girlfriend.
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Who Got Fleeced?
His victims were mainly retirees. He sold the certificates that
promised them a 15% return on his mortgage lending.
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Jews Are Associated With The Image Of Shylock
Because most of the ponzi schemes, and bank frauds, were engineered
by Jewish money managers, Jews are feeling the real sting of distaste.
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The ADL Realizes The Damage
Abe Foxman realizes these swindles must be buried as fast as
possible.
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March 5, 2009 | 2:50 pm
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This Is The Tip Of The Iceberg
Most of these swindles aren't even detected, and usually wind up on
Page Four. The Zionists owned banks are where the real money is being
defrauded. The phony loans, the giant defaults, and trillions in
derivatives are being scammed.
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