Comments on: The ties that bind Sam Antar and Barry Minkow http://www.deepcapture.com/the-ties-that-bind-sam-antar-and-barry-minkow/ Investigating naked short selling, economic warfare, and the financial crisis Thu, 09 Feb 2012 13:02:43 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: ravenseye http://www.deepcapture.com/the-ties-that-bind-sam-antar-and-barry-minkow/comment-page-1/#comment-175032 ravenseye Mon, 05 Apr 2010 02:24:16 +0000 http://www.deepcapture.com/?p=223#comment-175032 Medifast, Inc. et al v. Minkow et al Plaintiffs: Medifast, Inc. and Bradley MacDonald <b>Defendants: Barry Minkow, Fraud Discovery Institute, Inc., Robert L. Fitzpatrick, Tracy Coenen, Sequence, Inc., William Lobdell, iBuisness Reporting and Zeeyourself </b> Case Number: 3:2010cv00382 Filed: February 17, 2010 Court: California Southern District Court Office: San Diego Office [ Court Info ] County: XX US, Outside State Presiding Judge: Judge Janis L. Sammartino Referring Judge: Magistrate Judge William McCurine Jr. Nature of Suit: Torts - Injury - Assault, Libel, and Slander Cause: 28:1331 Fed. Question: Personal Injury Jurisdiction: Diversity Jury Demanded By: Plaintiff http://dockets.justia.com/docket/court-casdce/case_no-3:2010cv00382/case_id-316424/ Medifast, Inc. et al v. Minkow et al
Plaintiffs: Medifast, Inc. and Bradley MacDonald
Defendants: Barry Minkow, Fraud Discovery Institute, Inc., Robert L. Fitzpatrick, Tracy Coenen, Sequence, Inc., William Lobdell, iBuisness Reporting and Zeeyourself

Case Number: 3:2010cv00382
Filed: February 17, 2010

Court: California Southern District Court
Office: San Diego Office [ Court Info ]
County: XX US, Outside State
Presiding Judge: Judge Janis L. Sammartino
Referring Judge: Magistrate Judge William McCurine Jr.

Nature of Suit: Torts – Injury – Assault, Libel, and Slander
Cause: 28:1331 Fed. Question: Personal Injury
Jurisdiction: Diversity
Jury Demanded By: Plaintiff
http://dockets.justia.com/docket/court-casdce/case_no-3:2010cv00382/case_id-316424/

]]> By: ravenseye http://www.deepcapture.com/the-ties-that-bind-sam-antar-and-barry-minkow/comment-page-1/#comment-175031 ravenseye Mon, 05 Apr 2010 02:01:08 +0000 http://www.deepcapture.com/?p=223#comment-175031 ...Coenen said she knew three years ago when she linked up with Minkow that she was putting her reputation, and that of her one-person company, Sequence Inc., at risk. <b>She is one of the targets of a $270 million lawsuit filed in February against Minkow, Lobdell and others by Medifast Inc.,</b> which the institute investigated.... above quote from "Ex-con now walks a financial tightrope" By Cary Spivak of the Journal Sentinel Posted: April 3, 2010 | http://www.jsonline.com/business/89852612.html another quote from the same article: ...Lobdell, the former L.A. Times reporter hired by Minkow, edits the fraud institute's iBusinessReporting. Lobdell notes on that Web site's home page that his site is funded by the institute, which gets its money "in part, by short selling the stock of companies that it thoroughly investigates and deems fraudulent and/or lacking a sustainable business model." Lobdell said he personally shorted the stock of InterOil Corp., a Houston company that iBusinessReporting has examined. InterOil said in a statement that Lobdell's reports, including one about a bankruptcy case involving a company controlled by Inter-Oil's CEO, "was timed to benefit recent short selling activities." Lobdell said he shorted the stock in part because of the criticism he's received since going to work for Minkow. "I'm getting hammered anyway," Lobdell said. "I don't think it makes any difference  . . . whether it's Barry shorting the stock and paying me or me just doing it myself." Bob SteeleiBusinessReporting, an expert on media ethics now at DePauw University in Indiana, was stunned that an editor on a reporting Web site would not see the ethical issue. Lobdell is a "person with a financial stake in the company, so it raises real questions about fairness," Steele said. "I'm astonished that he would not see it as a problem."... …Coenen said she knew three years ago when she linked up with Minkow that she was putting her reputation, and that of her one-person company, Sequence Inc., at risk. She is one of the targets of a $270 million lawsuit filed in February against Minkow, Lobdell and others by Medifast Inc., which the institute investigated….
above quote from “Ex-con now walks a financial tightrope”
By Cary Spivak of the Journal Sentinel Posted: April 3, 2010 |
http://www.jsonline.com/business/89852612.html
another quote from the same article:
…Lobdell, the former L.A. Times reporter hired by Minkow, edits the fraud institute’s iBusinessReporting. Lobdell notes on that Web site’s home page that his site is funded by the institute, which gets its money “in part, by short selling the stock of companies that it thoroughly investigates and deems fraudulent and/or lacking a sustainable business model.”

Lobdell said he personally shorted the stock of InterOil Corp., a Houston company that iBusinessReporting has examined. InterOil said in a statement that Lobdell’s reports, including one about a bankruptcy case involving a company controlled by Inter-Oil’s CEO, “was timed to benefit recent short selling activities.”

Lobdell said he shorted the stock in part because of the criticism he’s received since going to work for Minkow. “I’m getting hammered anyway,” Lobdell said. “I don’t think it makes any difference  . . . whether it’s Barry shorting the stock and paying me or me just doing it myself.”

Bob SteeleiBusinessReporting, an expert on media ethics now at DePauw University in Indiana, was stunned that an editor on a reporting Web site would not see the ethical issue.

Lobdell is a “person with a financial stake in the company, so it raises real questions about fairness,” Steele said. “I’m astonished that he would not see it as a problem.”…

]]> By: Paying On Time - Credit Cards » Michael Milken, 60,000 Deaths, and the Story of Dendreon http://www.deepcapture.com/the-ties-that-bind-sam-antar-and-barry-minkow/comment-page-1/#comment-171334 Paying On Time - Credit Cards » Michael Milken, 60,000 Deaths, and the Story of Dendreon Tue, 15 Sep 2009 18:05:10 +0000 http://www.deepcapture.com/?p=223#comment-171334 [...] fraud, and when he was released, he began a career as a self-described “fraud investigator.” He works in partnership with Sam Antar, the convicted felon who masterminded a massive fraud in the 1980s at an appliance [...] [...] fraud, and when he was released, he began a career as a self-described “fraud investigator.” He works in partnership with Sam Antar, the convicted felon who masterminded a massive fraud in the 1980s at an appliance [...]

]]> By: Michael Milken, 60,000 Deaths, and the Story of Dendreon (Chapter 12 of 15) | Deep Capture: exposing the crime of naked short selling http://www.deepcapture.com/the-ties-that-bind-sam-antar-and-barry-minkow/comment-page-1/#comment-170170 Michael Milken, 60,000 Deaths, and the Story of Dendreon (Chapter 12 of 15) | Deep Capture: exposing the crime of naked short selling Fri, 17 Jul 2009 19:28:00 +0000 http://www.deepcapture.com/?p=223#comment-170170 [...] fraud, and when he was released, he began a career as a self-described “fraud investigator.” He works in partnership with Sam Antar, the convicted felon who masterminded a massive fraud in the 1980s at an appliance [...] [...] fraud, and when he was released, he began a career as a self-described “fraud investigator.” He works in partnership with Sam Antar, the convicted felon who masterminded a massive fraud in the 1980s at an appliance [...]

]]> By: Dr. Kenneth Noisewater http://www.deepcapture.com/the-ties-that-bind-sam-antar-and-barry-minkow/comment-page-1/#comment-169424 Dr. Kenneth Noisewater Mon, 29 Jun 2009 14:45:33 +0000 http://www.deepcapture.com/?p=223#comment-169424 Weird, I always saw Tilson posting a lot of housing bubble skepticism even when folks didn't want to hear it.. Was he sold a bill of goods or is he really a part of this? twould be a shame indeed... Weird, I always saw Tilson posting a lot of housing bubble skepticism even when folks didn’t want to hear it.. Was he sold a bill of goods or is he really a part of this? twould be a shame indeed…

]]> By: Usana Scam http://www.deepcapture.com/the-ties-that-bind-sam-antar-and-barry-minkow/comment-page-1/#comment-168776 Usana Scam Tue, 02 Jun 2009 12:12:02 +0000 http://www.deepcapture.com/?p=223#comment-168776 Barry Minkow is definitely corrupt. He's been on the wrong side in the past and now he's back to good old Barry. Thanks, for the great information. Barry Minkow is definitely corrupt. He’s been on the wrong side in the past and now he’s back to good old Barry. Thanks, for the great information.

]]> By: Critical Mind http://www.deepcapture.com/the-ties-that-bind-sam-antar-and-barry-minkow/comment-page-1/#comment-144566 Critical Mind Sat, 31 Jan 2009 05:37:58 +0000 http://www.deepcapture.com/?p=223#comment-144566 Learn to read a deposition.... [i] "Minkow states, under oath, the following: At some point in the past two or three years, Sam Antar came to be a “spiritual advisor” to Minkow. But unlike a traditional spiritual advisor, Antar didn’t ask for money…he was handing it out."[/i] The deposition clearly states that Barry Minkow serves as a Senior Pastor in a San Diego Church and that he served as Antar's "spiritual advisor", not the other way around. [i]"Sam Antar’s $250,000 “gift” wasn’t a gift, but the cost of a commissioned, negative report on USANA, intended to adversely impact USANA’s share price. [/i] Again the deposition identifies that there was an initial $100K gift prior to (and acording to Minkow unrelated to) the USANA investigation. The follow on support by Antar (in the $125K-$150K range) was only after the lawsuit against Minkow was filed and was used towards the costs of Minkow's defense. Learn to read a deposition….
[i] “Minkow states, under oath, the following:
At some point in the past two or three years, Sam Antar came to be a “spiritual advisor” to Minkow. But unlike a traditional spiritual advisor, Antar didn’t ask for money…he was handing it out.”[/i]

The deposition clearly states that Barry Minkow serves as a Senior Pastor in a San Diego Church and that he served as Antar’s “spiritual advisor”, not the other way around.

[i]“Sam Antar’s $250,000 “gift” wasn’t a gift, but the cost of a commissioned, negative report on USANA, intended to adversely impact USANA’s share price. [/i]

Again the deposition identifies that there was an initial $100K gift prior to (and acording to Minkow unrelated to) the USANA investigation. The follow on support by Antar (in the $125K-$150K range) was only after the lawsuit against Minkow was filed and was used towards the costs of Minkow’s defense.

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