Harrison Wilhelm

Stock and Bond Fraud, including Boiler Rooms / Pump and Dump Schemes, Mutual Fund & Hedge Fund Fraud, FOREX scams, plus Churning, Private Placements, Venture and Bridge Funding, IPOs, Viaticals Fraud, HYIP and Prime Bank scams, MTNs, Historical Notes, Recovery Schemes, etc. Includes the Jim Norman Project and the Michael Dotson Project and similar HYIP scams.
mike traynor

Harrison Wilhelm

Postby mike traynor » Mon Feb 18, 2013 7:06 pm

This guy is pushing a leased SBLC. He wants $2.5 million to produce $75 million in a month. One of his web sites suggests he is a lawyer, and another does not mention it. I have checked the bar association in 10 states where he says he does business and he is not listed.

He is a complete scammer, in my humble opinion. Anyone else run into him?

Michael2020

Re: Harrison Wilhelm

Postby Michael2020 » Wed Aug 21, 2013 9:53 am

There have been 414 views of this post and not one reply. I'm very grateful for the post but I believe what would make it more valuable are some facts.

An SBLC can cost as much as $2.5M or more to generate from a prime bank. The SBLC would be backed by a credit line that will determine it's actual face value. And the beneficiary may get that for 45% of face value assuming a one year term and have the ability to significantly leverage their investment or even enter into some type of trade with the resultant credit line.

So the fact that someone offers this may not be in itself a criminal activity but I suspect there might be something else, a fact that was not clear or reported that might have had bearing on categorizing this transaction as a fraud?

Certainly the fact that someone makes a claim to be an attorney but is not registered could be a problem. Did this gentleman do something to the poster that prompted this post?

It seems very easy to locate this gentleman and his company - linkedIn listing - he appears highly visible.
Last edited by notorial dissent on Wed Aug 21, 2013 11:32 am, edited 1 time in total.
Reason: redacted to cover link - ND

User avatar
JamesVincent
A Councilor of the Kabosh
Posts: 2661
Joined: Sat Oct 23, 2010 8:01 am

Re: Harrison Wilhelm

Postby JamesVincent » Wed Aug 21, 2013 11:20 am

Looking around came up with this. Not much info really there but this saying that SIgma was dissolved in 2011 was interesting.

Now something I did find interesting is Dr Hashem Abolgar. He was listed as the sole director of Sigma when it dissolved.However; he was also listed as director of 28 different dissolved comapnies. http://companycheck.co.uk/director/911322392

There is also a Harrison Wilhelm associated with this company. I have no way to cross reference them but by age alone might be the same one.
Lift me up above this, the flames and the ashes,
Lift me up and help me to fly away.
Lift me up above this, the broken, the empty,
Lift me up and help me to fly away,
Lift me up!

Five Finger Death Punch "Lift Me Up"

User avatar
notorial dissent
A Balthazar of Quatloosian Truth
Posts: 10921
Joined: Mon Jul 04, 2005 8:17 pm

Re: Harrison Wilhelm

Postby notorial dissent » Wed Aug 21, 2013 11:57 am

Michael, welcome to Quatloos.

As to why this got no attention, I have no idea.

I'm sorry, but do you actually know what a SBLC is, or what it is used for? Apparently not from your comments.

They are NOT an investment device, they are NOT transferable, they are NOT a way to make money, except for someone selling phony ones, and there is NO profit to be made off of one if it exists. There is no point in having one unless you might need it to guarantee payment for something. They ARE a standby guarantee of payment to a third party in case the person holding the letter does not or cannot complete the contract.

Anyone saying or telling you something different is a scam artist.

Bernie Madoff was highly visible, and that didn't/doesn't make him any less of a crook.
The fact that you sincerely and wholeheartedly believe that the “Law of Gravity” is unconstitutional and a violation of your sovereign rights, does not absolve you of adherence to it.

blackwatch
Gunners Mate
Gunners Mate
Posts: 33
Joined: Wed Aug 17, 2011 1:04 pm

Re: Harrison Wilhelm

Postby blackwatch » Wed Aug 21, 2013 4:39 pm

James,
Dr Hashem Abolgar appears to be a Director of Uniconstrust AG in Switzerland.
He states to be an American with an address in Florida.
There are also a number of companies, inactive, where he is an Officer of the Company.
Perhaps this helps you.

Correction - Uniconstruct AG


Return to “THE DILIGIZER BOARD -- Securities Fraud -- Due Diligence in Finance”

Who is online

Users browsing this forum: Common Crawl [Bot] and 0 guests