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Institute for Financial Learning (IFFL) and Milowe Brost
Posted: Sat Sep 22, 2007 3:32 pm
by Dutch Phantom
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
Posted: Thu Oct 25, 2007 1:31 am
by Dutch Phantom
For anyone looking for more info, check out:
http://www.reportmagazine.ca/web/index.php
More Info on IFFL and Merendon
Posted: Wed Dec 05, 2007 3:18 am
by Dutch Phantom
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
Latest News
Posted: Thu Jan 31, 2008 11:58 pm
by Dutch Phantom
Looks like Merendon may have pulled a Midnight Special. Check out the following link:
http://www.scam.com/showthread.php?t=134&page=6
Re: Institute for Financial Learning (IFFL) and Milowe Brost
Posted: Thu Feb 21, 2008 11:57 pm
by Dutch Phantom
Re: Institute for Financial Learning (IFFL) and Milowe Brost
Posted: Wed Jun 11, 2008 1:55 am
by Dutch Phantom
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.
Re: Institute for Financial Learning (IFFL) and Milowe Brost
Posted: Tue Jun 17, 2008 4:13 am
by Dutch Phantom
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
Re: Institute for Financial Learning (IFFL) and Milowe Brost
Posted: Fri Jun 20, 2008 4:58 am
by Dutch Phantom
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?
Re: Institute for Financial Learning (IFFL) and Milowe Brost
Posted: Fri Jun 20, 2008 3:50 pm
by Leftcoaster
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?
Re: Institute for Financial Learning (IFFL) and Milowe Brost
Posted: Fri Jun 20, 2008 10:50 pm
by Dutch Phantom
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
Re: Institute for Financial Learning (IFFL) and Milowe Brost
Posted: Fri Jun 20, 2008 11:00 pm
by Leftcoaster
That would be a problem then, no doubt.
Did you put money into IFFL?
Re: Institute for Financial Learning (IFFL) and Milowe Brost
Posted: Sat Jun 21, 2008 3:22 am
by Dutch Phantom
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.
Re: Institute for Financial Learning (IFFL) and Milowe Brost
Posted: Thu Aug 21, 2008 1:43 am
by Dutch Phantom
The latest news concerning Milo Brost and his troubles:
http://www.webmechanic.com.au/IFFL/cra1.htm
Re: Institute for Financial Learning (IFFL) and Milowe Brost
Posted: Thu Oct 02, 2008 2:54 am
by Dutch Phantom
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.
Information on HHFHH and Global Assets Leveraged
Posted: Tue Nov 25, 2008 3:11 pm
by immortalis1
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.