Institute for Financial Learning (IFFL) and Milowe Brost

Open forum where offshore scams and offshore scammers can be freely discussed. Includes offshore investment and tax fraud and the latest goings-on in the Dominion of Melchizedek, Principality of New Utopia, Kingdom of Enen-Kio, the OITC, and other fake nations and world agencies.
Dutch Phantom

Institute for Financial Learning (IFFL) and Milowe Brost

Postby Dutch Phantom » Sat Sep 22, 2007 4:32 pm

Anyone looking for information on this so-called "educational" entity and it's promoter should check out the following links:

http://www.albertasecurities.com/dms/14 ... 3945v1.pdf
http://www.albertasecurities.com/dms/14 ... 7674v1.pdf
http://www.webmechanic.com.au/IFFL/people.htm

These people con Canadian and American investors into buying investments that promise returns of 3% per month.

Come on people, give your heads a shake.

Anyone looking for info on how to try and get their money back should check out:

http://www.camagazine.com/index.cfm/ci_ ... a_id/1.htm

Dutch Phantom

Postby Dutch Phantom » Thu Oct 25, 2007 2:31 am

For anyone looking for more info, check out:


http://www.reportmagazine.ca/web/index.php

Dutch Phantom

More Info on IFFL and Merendon

Postby Dutch Phantom » Wed Dec 05, 2007 4:18 am

Check out the following link to see Merendon's response to Internet allegations of fraud.

http://www.merendon.com

Check out the following link to find out what the IFFL is able (or unable) to do now.

http://www.webmechanic.com.au/IFFL/Payments.htm

Dutch Phantom

Latest News

Postby Dutch Phantom » Fri Feb 01, 2008 12:58 am

Looks like Merendon may have pulled a Midnight Special. Check out the following link:

http://www.scam.com/showthread.php?t=134&page=6

Dutch Phantom

Re: Institute for Financial Learning (IFFL) and Milowe Brost

Postby Dutch Phantom » Fri Feb 22, 2008 12:57 am

News from the US government on IFFL:

http://www.usdoj.gov/opa/pr/2008/Februa ... x_129.html

Dutch Phantom

Re: Institute for Financial Learning (IFFL) and Milowe Brost

Postby Dutch Phantom » Wed Jun 11, 2008 2:55 am

Additional info on Brost's teleconference to explain all can be found at:

http://www.webmechanic.com.au/IFFL/conference.htm

Seems to a less than masterful attempt at obfuscation.

Dutch Phantom

Re: Institute for Financial Learning (IFFL) and Milowe Brost

Postby Dutch Phantom » Tue Jun 17, 2008 5:13 am

Check out the allegations of income tax shortcomings of various promoters of Capital Alternatives and IFFL, particularly Milowe Brost.

http://www.webmechanic.com.au/IFFL/cra1.htm

"I did not have sexual relations with that woman." Bill Clinton

"I have always been complete honest and up front in all my business dealings." Milowe Brost

Dutch Phantom

Re: Institute for Financial Learning (IFFL) and Milowe Brost

Postby Dutch Phantom » Fri Jun 20, 2008 5:58 am

I'm looking for anyone who had heard, seen or read any info about a real estate deal in Saskatchewan, Canada being promoted by an outfit called Clear Vistas LP. Seems too good to be true. Comments or advice?

Leftcoaster

Re: Institute for Financial Learning (IFFL) and Milowe Brost

Postby Leftcoaster » Fri Jun 20, 2008 4:50 pm

Dutch Phantom wrote:I'm looking for anyone who had heard, seen or read any info about a real estate deal in Saskatchewan, Canada being promoted by an outfit called Clear Vistas LP. Seems too good to be true. Comments or advice?


My only concern is that they talk about leveraging RRSPs as one way to participate. RRSPs (Registered Retirement Saving Program) can't be pledged as security. Perhaps they are talking about borrowing to fund participation in the investment through an RRSP (which is allowed) but it's not clear that's what they meant.

Other than that, they have an offering memorandum, which means that they are at least acknowledging that what they are selling is a security as defined by the Act. Whether or not they sent a copy of that to any of the provincial Securities Commissions as required is anyone's guess.

What is the connection to IFFL and Brost? is it Hav-Loc?

Dutch Phantom

Re: Institute for Financial Learning (IFFL) and Milowe Brost

Postby Dutch Phantom » Fri Jun 20, 2008 11:50 pm

Seems a number of the people involved in Hav-Loc were former structurists with IFFL. Check out the following link:

http://scam.com/showthread.php?p=507444

Leftcoaster

Re: Institute for Financial Learning (IFFL) and Milowe Brost

Postby Leftcoaster » Sat Jun 21, 2008 12:00 am

That would be a problem then, no doubt.
Did you put money into IFFL?

Dutch Phantom

Re: Institute for Financial Learning (IFFL) and Milowe Brost

Postby Dutch Phantom » Sat Jun 21, 2008 4:22 am

No, but I know some people who did. A few very lucky ones got their money out in time and rest appear to have lost everything. In some cases, 6 digits with the first number being greater than 4. Needless to say, those people are experiencing a mixed bag of emotions including embarrassment, anger, shame and hopelessness.

Investors who have lost their money need to start communicating with each other to see if any type of class action legal proceedings can be put together.

Dutch Phantom

Re: Institute for Financial Learning (IFFL) and Milowe Brost

Postby Dutch Phantom » Thu Aug 21, 2008 2:43 am

The latest news concerning Milo Brost and his troubles:

http://www.webmechanic.com.au/IFFL/cra1.htm

Dutch Phantom

Re: Institute for Financial Learning (IFFL) and Milowe Brost

Postby Dutch Phantom » Thu Oct 02, 2008 3:54 am

More bad news for Strategic Metals Inc., Milowe Brost and his cronies.

http://www.webmechanic.com.au/IFFL/cra1.htm

Seems a receiver has been appointed to see what assets can be recovered for investors.

immortalis1

Information on HHFHH and Global Assets Leveraged

Postby immortalis1 » Tue Nov 25, 2008 4:11 pm

I am looking for anyone who has heard, seen, or read any infomation about a real estate deals peddled by a group call Helping Hands for Habitat and Humanity; http://www.hhfhh.org. From some research I have done, HHFHH appears conneted to a group call Global Assets Leveraged SA, but also to some other shady groups such as OITC. Any commentary or advice is appreciated.


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