Justice Dept Covers-up $300 million in Fraud, Perjury & Money Laundering 

 

            We are providing you with this intriguing story on dishonesty and corruption because the American public has a right to know. It is our hope to free you from the bonds of unawareness and have the veils of wool removed from your eyes, placed there by the Dept of Justice, under the guise of the misnomer US Trustee.

 

            There are detestable acts of larceny, by a syndicated criminal enterprise. These organized criminal efforts that enjoy the luxury of being friends with persons that are compensated by taxpayers at the Dept of Justice; where the by-product results in immunity from perjury. Our system of justice is inexplicably assisting well-established associates to loot without restraint and all we can do is report to the crooked parties themselves that they are committing a criminal act, Oey Vey!

 

            There is no greater form of manifest injustice than our protectors permitting criminal acts of “insider” associates to occur; while using judicial powers to oppress ordinary citizens under the pretense or “color of law”. The Court is punishing the whistle-blowers and the Dept of Justice is encouraging the outrageous distortion of justice.

 

            The question that needs to be answered here, is for whom and why? How high does the power and influence reach? Key Justice Dept personnel parties would rather resign, while others, that have refused to prosecute, are being promoted. There is more than $300 million involved, such amount of money is surely enough cause for anxiety and the possibility of corruption.

 

             It should also alarm the public even more, that the Justice Dept is actually defending the fraudulent acts of their acquaintances by also being an appellee alongside the perpetrators (3^rd Circuit Appeal 07-2360).  Using tax dollar Justice Dept employees, highly paid as such, to defend, instead of prosecuting criminal acts.

 

            We are considered an insider, as one of those court approved entities that gets a rare look at items that go on behind closed doors in big bankruptcy cases.  Therefore, we are bringing you into our inner chamber view of what happens to a bankrupt entity and how the sharks devour their bankrupt prey.  While we cannot prove to you what the Court or systems personnel has received as compensation, other than promotions, as they are too smart for that.  We can document to you that the Court, US Trustee and US Attorney have gone greatly “out of their way” to punish us for blowing the whistle, while being willfully blind to intentional perjury and malfeasance that has been “confessed”.

 

            A new Internet gateway has spawned an era of public awareness. The acts of perjury, fraud, threats to intimidate and even racketeering are all in the public court records. The proof is simply “there” for anyone, including any first year prosecutor to view, all anyone need do is look. The lies of yesterday can now be culled from Court databases and placed as irrefutable exhibits as “prima facie” evidence.

 

             Congress has enacted the Public access system entitled PACER, which allows anyone with a computer to see court docket records.  This also includes access to legal language, requirements, standards, case precedents and even the Dept of Justice Handbook & Guidelines.  What was formerly hidden behind closed doors, being done so under the guise of complexity, has been made readily available for all to see.  The Law is as complex or as simple as one cares to make it. The stealthy society is now no longer a secret hidden under a cloaked courtroom docket. What was surreptitiousness has now become documented history. It just takes one honest person within the system to state, “What in the world is going on within the Dept of Justice?” This was in fact a recent quote by Judge J Fitzgerald concerning the Dept of Justice silence aiding and abiding fraud. Though the case which Judge Fitzgerald was referencing was not an eToys related case, the remark on October 25, 2007 will undoubtedly begin a review of the how’s and why of the Justice Dept. US Trustee failures to do appropriately.

 

The perpetrators have already confessed to acts of lying to the Court

 

            It is a fact that crimes have been committed.  Attorneys, who work consistently before the Delaware Bankruptcy Court, have already confessed to erroneous statements to the judge as “officers of the court”, by submitting false Rule 2014 affidavits.  It is also a fact that it has been admitted that some of the affidavits were “intentionally” left to stand, knowing they were false. Paul Traub and Michael Fox admitted they discussed coming clean and decided to continue to remain silent.  Doing such “ad hoc” circumvention of the law, even after discussions with the US Trustee [forewarning] them not to do the very acts they did. They said it was an oversight, a simple mistake!

 

            Filing affidavits by attorneys is the constitutional requisite to assure that no crimes occur in the federal bankruptcy system.  Attorneys can collect fee’s that enrich their firms extensively, if they declare, “under penalty of perjury”, that they have no “conflict of interest” it is the way of keeping things kosher.  Once they submit an affidavit of such and subsequently get “caught” for oversights or intentional deception, the US Supreme Ct has stated that they Code 327(a), mandates their disqualification.

 

             Yet, we have more than 14 admittedly false affidavits, as they must submit such affidavit every time they seek payment (eToys case is 6 years old) and not only has there been a refusal to disqualify, the Courts and US Trustee has punished us for blowing the whistle on such.  For we were court-approved workers also, we are being accused of biting the hand that feeds us, being disloyal. A notion that can only be true if you accept the premise that it is “their” estate to begin with, when it is supposed to be the publics’ estate.

 

            A false affidavit is perjury for any common citizen, such as you or I. Yet, with more than 14 acts having been confessed, by parties who have benefited fraudulently with tens of millions of dollars, the attorneys who have committed perjury are not punished because they are considered “insiders” and thus they are beyond prosecution, being above the law.  Even though they certainly knew better, they say it is no big deal. It was not enough for them, that eToys has paid out $14 million in court allowed fees; they needed more. (One has to wonder what Martha Stewart or Barry Bonds would say about the fact that perjury is no big deal.)

 

The US Trustee asks the Court to punish the Fraud and then changes its mind

 

             The Asst US Trustee (Frank Perch) accepted the whistle-blowers facts and used such to prove fraud to the court. On the day of December 22, 2004 the Justice Dept EOUST issued a press release about a new US Trustee (who replaced Roberta DeAngelis) in charge of Del/Penn/NJ and the eToys case. December 22, 2004 was also the date of the first Emergency hearing about eToys fraud and Perjury. Mr. Perch stated, after a follow up investigation, that Fraud on the Court had occurred and asked that the Traub Bonacquist & Fox firm disgorge $1.6 million out of the $3.5 million they were paid. The US Trustee’s office is specifically the public’s police of the bankruptcy courts.

 

             Then, less than 10 days later, a Justice Dept attorney (Mark Kenney) and the Asst US Trustee’s new boss (Kelly B Stapleton) made an offer to settle the perjury for only $750,000 and implied immunity from all other crimes. Subsequently Frank Perch and even the Director of the Dept of Justice EOUST office (Mr. Lawrence Friedman) resigned stating such occurred for “personal reasons”. Be that as it may the foxes bizarrely remained in charge of the hen house and the US Attorney has yet to prosecute the fraud that has beeb going on for 6 years.  The perjury parties have the keys to the vault, even though the police have acknowledged the fact that they are “bad faith” parites.

 

            It is a sad state of affairs, for the American citizens system of justice, when the court and the appointed authorities, such as the US Trustee, refuse to apply the Law to their friends; this is cronyism of the most scandalous fashion, for they are punishing the whistle-blowers while letting the bandits continue racketeering efforts unrestricted. Today, regrettably, it is more common to see punished whistle-blowers or abused persons, under the “pretense” or “color of law” through acts of anarchy, than it is to see a fair judicial process.

 

            This beast of perverted integrity, the cronyism, seeks to destroy the public’s trust and faith in the integrity of the judicial process, fostering the necessity of civil unrest.  Woe is the day for the upper society of Robber Barons, when we, the American citizens, tire of manifest injustice. An aristocrat should be careful for what they wish for, as acceptance of the challenge and fact that the Law does not apply means might makes right. The American public always seems to shine greatest against tyranny and oppression, for that is the way this country was formed. Mark Adams and others are campaigning across America with the cry “without justice there can be no peace”!

 

Court and US Trustee bias for attorneys against citizens has become rampant

 

            Anybody can Google the words, bankruptcy fraud, judicial misconduct, fraud on the court or Legal abuse and actually find vast amounts of reporting websites. Such as www.wjfa.net/bk/etoys.html or www.wellsofjustice.com , www.halt.org , www.washingtonlegalfoundation.com and more. The premiere website on the subject is www.fraudonthecourt.blogspot.com where Meryl Lanson and her associate Karin Huffer are strong advocates for judicial responsibility. Karin actually coined the phrase Legal Abuse Syndrome (LAS); writing a popular book on the subject. Meryl attended the College symposium on Judicial Reform in August, at Rice University, where people across the country traveled in their pursuit of equitable justice.  Even our Congressional members are keenly aware that things have gotten out of hand. Both the House and the Senate has before it the Judicial Transparency and Ethics Enhancement Act of 2007. (US Senate bill S. 461). (House bill H.R. 785).

 

            Also at the Rice University conference were former attorneys such as Mark Adams.  Mr. Adams stood up against a biased judicial process and found himself upon the brunt end of a four-year campaign to destroy his career.  The WSJ Law blog consistently reports on the case of Dickie Scruggs, who found fraud issues by an insurance company refusing to pay Katrina victims. Now the judge is so outraged about Scruggs turning over the evidence, the judge has engaged his own personal prosecutors to imprison Mr. Scruggs. The Judge began this highly unusual maneuver after he asked the US Attorney’s office to prosecute Dickie Scruggs for giving the evidence of fraud to the State’s Attorney General.  When the US Attorney stated there was no case, the Judge ignored the US Attorney and appointed his own personal, hand picked prosecutors. Simply, absolutely, ridiculous!

 

            We even have the case of US Attorney Craig Morford going after whistle-blowers from Congress and the US Government.  Morford speciously prosecuted James Traficant, an elected representative who made remarks about Janet Reno that upset the powers in Washington. Witnesses have now testified that US Attorney Craig Morford forced them to commit perjury or suffer a similar fate. (You can see the witnesses C-SPAN testimony before Congress at www.craig-morford.com ). Morford even deported a car rental company manager (Okolo) to make sure he could not testify on Traficant’s behalf. 

 

            When US Attorney, Rick Convertino testified before Congress at the behest of Senator Grassley from Iowa, Craig Morford not only responded by having Convertino removed from office. Morford also harmed the American people by releasing the terrorists that Rick Convertino convicted after the infamous September 11th and then Morford retaliated by prosecuting Rick Convertino for the terrorist convictions.  Keeping in step with the pattern of abuse, the first and last witness against Convertino of the Morford case, both admitted to making false statements. Even though the trial lasted several weeks the jury took less than 8 hours to find Convertino not guilty on all counts.  The jury foreman told the press that they did not see “the goods” against Convertino and believed the Rick Convertino convictions of the terrorist after 9/11 was absolutely correct. 

 

More than 100 felony violations in eToys remain unprosecuted

 

            It is imperative that you be assuaged from any doubt because of the degree of the criminal offenses in eToys and accept the facts on their merits, so that something can be done about public corruption. Court docket records certify more than 100 felony violations. Being done by a scheming, syndicated, network of Court approved counsels and other professionals who are “officers of the court”.

 

            Can it be that just because the crime is done with a judges blessing, it is then tolerable? When someone walks up to you and tells you to give all your money or else, it does not matter whether it is a gun, a knife, a gang, a legal pen or public trust.  It does not matter whether it is $10,000 or ten dollars. Taking money without permission is a crime. When a crime is occurring our system of justice states anyone can point it out to the authorities or the police. All one need say is “look, they are committing a crime you have to stop them”; where the police must respond. No crook can say, “look at our contracts we indemnified ourselves”. Just as a president of a bank is not allowed to steal the depositors’ money, an attorney is not allowed to steal an eToys estate’s money. Even when he is a friend of all the other attorneys, Trustee’s and Judges. A crime is a crime and must be stopped.

 

            Just because the issues become a little more complex in the Federal court system, a judge is still a judge, it is because the issues are complex that we assign a stringent process with abundant Congressional statutes as the requisite guiding system. Albeit, in bankruptcy situations a judge has no criminal statutory authority, as the bankruptcy court is a realm of civil issues, a weighty matter, such as a high crime is still an offense.  Therefore Congress has designed the bankruptcy system with checks n balances to protect us by providing the “watchdog” of the United States Trustee (UST).  As the name implies, they are “the” trusted Justice Dept. officials to make sure sophisticated white-collar crimes and frauds cannot occur. The US Trustee is the public’s, the Courts and the systems “policing” agent to assure civil order and fiscal responsibility. 

 

            US Trustee’s are also, mostly attorneys and very well paid for government service work, above the average American salary. The problem is they are supervising millions and billions in fee’s and estate monies. While those they supervise, golf with, go to functions with are making extensively greater rewards.  Yet we find no report, ever, of a US Trustee being caught like a bank examiner. We are to believe that because they are “Trustees” they can be trusted with millions and billions, right? There is a distorted logic, because a bank examiner also is monitored or observed, whereas who watches a Trustee?

 

 

Congressional Constitutional mandates work –if they are applied correctly

 

            The Congressional systems of check n balances are extensive and well contemplated.  If the law is properly applied, attorneys approved by the court (who are self policing) cannot become a fox and steal the chickens.  This level of “trust” is not common; it is earned and rewards experienced attorneys well, who are then permitted to bill $600 per hour, (some even bill as high as $1000 per). They are technically “officers of the court”.  Even then, to hold the officers accountable, they must sign a Rule 2014 affidavit that declares, “under penalty of perjury” that they are being truthful with the court and all parties of interest.  This is called disclosure of conflicts of interest.  It is their promise to keep their hands out of the cookie jar.

 

            For the jar of money belongs to the creditors, the States, the IRS and public stockholders who are already in trouble of losing what is owed to them. The vault of vast sums that are placed before the attorneys,(where they are already permitted to bill more per hour, than most people take home per week), is not their very own pot of gold. It is the estates. Once the creditors are paid, like the recent airline bankruptcies, a company can continue to operate, maintain employees and function. This turnaround can only happen if the cookie jar is not stolen while no one is looking. The judge must spank them if they go near the money, by betraying their trust, referring the issues to the US Attorney.  Congress gives the Judge no discretion, it is a law under 18 U.S.C. § 3057(a) and the Judicial Canon’s of Conduct (specifically 3(B)3). Wrongs must be made right.

 

            The willful blindness to criminal activity by the Dept of Justice personnel in the eToys bankruptcy case is inexplicable. Congress has even mandated that a US Trustee refer “bad faith” acts by lawyers to the US Attorney’s office (28 U.S.C. § 586(a)(3)(F)). The US Trustee, same as the Courts, cannot pick n choose, whether or not, to refer a lawyer, who has provided a false affidavit for prosecution. Even if the US Trustee wants to be lenient the Law of  § 586 mandates that the US Trustee sends the entire set of “facts” to the U S Attorney - along with a Memo of Declination to see if the US Attorney agrees. This is the only way to make sure that money does not corrupt anyone.

 

             At best, the acts of “nolle prosequi” (refusal to prosecute) in eToys are an act of cronyism or ACPOC. (ACPOC is an established syndrome where the public suffers because attorneys refuse to prosecute other attorneys for malpractice). At worst, because there are hundreds of millions of dollars involved; the act of refusing to prosecute, warrants a separate official investigation into the keepers of the gate, the US Trustee’s.

 

            This is a case of no one is watching the watchers. Once Kmart, Adelphia, Enron, FAO, Levitz, KB or eToys goes bankrupt it has become well established that the public at large and the SEC Bankruptcy Fraud Division (yes there is one) really doesn’t care.

 

            No one has considered, even in these contemporary days of Sarbanes-Oxley, is what if he, she or they, planned it that way. What does it take to make an entity go public and get all your money for the stock and then go bankrupt? Where organized crime can then bilk the estates for millions in fees/expenses only to finish by selling it to themselves or even to another bankruptcy? If the SEC Bankruptcy Fraud Division doesn’t care than why should we? The answer is anyone with a sense of right and wrong and a patriotic spirit to prevent the fraud from continuing. Americans enjoy doing the right thing, to get the bad guys. It takes a fox to get a fox, in order to halt such schemes. Does the government have such a think tank to protect us within the DOJ or SEC? 

 

Because the crimes involves millions and Billions they use a pen instead of a gun.

 

            Now if that little tidbit begins a tingle in your gut and a pause upon your mind, consider this about eToys. There are think tanks out there. Hedge funds and investment banks that do nothing but hire the intellectual elite to come up with ways to make billions into more billions. Bain controls billions, Bain works hand in hand with others that control billions, such as D E Shaw.

 

            How much power and influence can billion dollar entities muster? Ask the eToys shareholders. Go to Ragingbull.com and enter the stock symbol etysq. The eToys shareholders are scheduled to get zilch and be dissolved they are understandably upset. At the same time Scott Henkin, the Fir Tree Value Fund exec and bankruptcy committee co-chairperson, said an “off the record” agreement to allow TBF  and  eToys very own Barry Gold, to become the “wind down coordinator” of eToys without the Courts permission was approved by a “select” group of persons. It all been arranged.

 

            While the Court, the Trustee and even the SEC may say to you that is an argument of semantics, the shareholders always get nothing in bankruptcy anyway. Yes it is a crime, but who is harmed. The public entity of eToys is now dead and gone, right?

 

            Eeaanntt, the buzzer has sounded and here is why.  The shareholders have been crying foul for years, while the system says the admitted perjury acts are no big deal. So let us as Scott Henkin how his fund feels about getting zilch with the shareholders. All you have to do is know the tidbit that D E Shaw only hires MIT graduates, except for at least one. Then you can look up the new owner of eToys.com, where Bain renamed it eToys Direct. That mystically walked away from KB Toys bankruptcy where eToys Direct became the property of D E Shaw, while Bain and Michael Glazer received $100 million from KB Toys prior to KB filing bankruptcy (sound familiar). Then you can ask eToys Direct which was acquired from the KB Toys bankruptcy an.

 

           

 

            It is absurd to swallow the candy colored poisoned pill provided to us by the foxes in the hen house, where one blindly trusts a Trustee or Trustee attorney, in charge of hundred million dollars issue, just because someone was witty enough to sugar coat the poison by naming it a Trustee. (in this case such is a misnomer)

 

            We seek your honor, integrity and American spirit to assist in this battle against corruption. Citizens have been prosecuted for small issues in sting operations such as Truth or Consequences; while those that are controlling the system are stealing hundreds of millions of dollars why the US Trustee is an appellee defending the perpetrators.

 

             Persons you know and have read about are being prosecuted for perjury. A United States Attorney that dared to speak against the Justice Dept is maliciously prosecuted, (Rick Convertino) by Craig Morford. While Court approved attorneys in the eToys bankruptcy case, who have admitted to filing false affidavits intentionally, making over $1 million a year, continue making a mockery of the judicial system and the American people. Doing so because the Court that approved their work and the US Trustee’s assigned to protect us against their schemes are staunchly refusing to prosecute them. Is $300 million enough money to make buying off a Trustee possible?

 

            It is a primary requisite that the reader be challenged to find fault with the facts. We defy you to find error with just one subject listed below. After all we have more than 20 crimes listed, so how hard can it be for you to find one thing - just one thing - that is incorrect?  Especially when I am testifying to such under penalty of perjury. You can either get them or get me. So we ask you, who-dun-it?

 

             The promise to intrigue you with a mind-boggling tale of woe and corruption is a simple task, for the proof is all in the record. If you read the facts, the criminals will be caught, pure and simple. This case is likely turn the Justice Dept organization on its head and produce Congressional backlash with hearings hard pressed to find an equal.

 

             If we allow Congress to ignore the crimes against us, they will.  Do you think it does not apply to you or have any significance to today’s events, as the fraud began more than 6 years ago? Would it change your mind that a Presidential hopeful owned the company that has benefited from more than $300 million in fraud, perjury and bribery issues. Is it relevant that such was done while the U.S. Attorney, that is refusing to prosecute such, was a partner in the Law firm that represented the company in question?  Is it material that we were threatened to “back off” by our very own attorney, who brazenly emailed the threat?  Does it make a difference if the person that controlled the company, that benefited from the fraud, is refusing to allow inspection of his books and records under pretense that we don’t have the right to ask?  Does it matter that Court gave permission to destroy the books and records?

 

            We also ask for forgiveness in advance, as the drafter of this document is a person lacking in formal education who failed English in school more than once. (Thank G-d for spell check). This testimony is being sent to over 500 parties, persons, organizations and entities. Therefore it is prudent to utilize an effective format that is applicable to the many. There are those that need the barest of minimums in legally recognized nature, with documentation of specifics. While the public necessity, along with the large amount of press and outcry to come will need a plainly comprehensible layman draft (as is possible) due to the complexities and convoluted subjects involved. 

 

            The subject matters are in categories below that make for efficient, selective review to the public and legal minds alike. For those of you that desire more detailed case cites, such as a Table of Authorities, Code/Rule of Law proofs and applicable lawful edict documentation, including prosecution requisites, we will gladly provide all essential details upon request.  As will become readily apparent justice has lastly approached. This case will make someone’s career and doubtlessly end the livelihood of many others.

 

            To affirm the degree of magnitude herein it is testified: this day November 16, 2007, under penalty of Perjury, where I, Steven Haas (a/k/a Laser Haas) (Laser or Haas) hereby testifies as I, Steven Haas, am the 100% owner of Collateral Logistics' Inc., (CLI) the Court approved “sole” liquidation consultant for the eToys bankruptcy estate, I, (Laser) Steven Haas avers as follows;

 

SAGA BEGINS WITH ETOYS BACKGROUND & HISTORY

 

            KB Toys becomes an independent entity separating from Consolidated Stores in mid 2000. Michael Glazer is the CEO of KB that is now a Bain acquisition entity. Jack Bush is CEO of IdeaForest, also a Bain entity. Jack Bush is a director and stockholder of Stage Stores. Barry Gold is working for the directors of Stage Stores (a Southern Texas bankruptcy chain (case# 00-35078)).            Traub Bonacquist & Fox (TBF) is a law firm working with Stage Stores bankruptcy case. Michael Glazer was a director of Stage Stores beginning early 2001.

 

            Barry Gold and TBF have an extended history of working together that is not revealed in Stage Stores until their “undisclosed” connections are questioned and TBF is prompted to supply a Supplemental Rule 2014 Affidavit detailing their history. The Supplemental contains many case references, which also include such cases as Jumbo Sports and Luria Brothers in Florida.

 

             Jack Bush was also involved in the Florida bankruptcy cases and signed a letter for Barry Gold for the sake of Barry Gold being paid an additional compensation in bankruptcy under Code 503(b). TBF stated within the Stage Stores Supplemental, “at no time did Mr. Gold participate in any way in the selection or engagement of TB&F as unsecured creditors’ counsel in this matter”. (issue of Witmark, Inc in 1997).

 

            TBF continued in the Stage Stores Supplemental that in 1999 both Jack Bush was a director of Jumbo Sports and Barry Gold was engaged in Jumbo Sports after the bankruptcy filing of Jumbo Sports, to be a strategic restructuring advisor.  TBF concluded the Jumbo Sports history part of the Stage Stores Supplemental by informing the Court that Jack Bush was instrumental in engaging TB&F as a counsel to Jumbo Sports, while TBF also remarked with the similar reflection of “Mr. Gold did not participate in the selection or engagement process involving TB&F”.

 

            The final case reflection that TBF noted in the Stage Stores Supplemental was the bankruptcy estate of Luria, Inc. 1997 where TBF was the court approved Creditors’ counsel therein while Barry Gold was a “restructuring Officer” of the Debtor Luria. TBF maintained the same reflection upon Barry Gold’s influence of TBF’s engagement as the Supplemental conclusion remark stated “Mr. Gold played no role in the creditors’ committee’s selection and engagement of TB& F as its counsel.”

 

            Subsequently TBF testified that it started to pay Barry Gold four separate payments of $30,000 beginning in January 2001. It was also suggested that Barry Gold left Stage Stores at the beginning of 2001. Barry Gold testified in 2005 that Jack Bush has arranged for engagements of Barry Gold. It was also stipulated by Mr. Gold that he worked in the KB Toys bankruptcy case. Barry Gold misrepresented to an eToys shareholder, Robert Alber, in a hearing prior to the eToys Plan being confirmed. Where Barry Gold denied having connections to TBF and Barry Gold stated he was not at Luria when TBF was there. Barry Gold then signed a Plan Declaration, affirmatively misrepresenting that he had negotiated “arms length” negotiations between himself and TBF in “good faith”.

 

            The entity of eToys was originally explosive and had gone public in 1999. At one time the estimated public worth thereafter was $8 billion. In November 2000 eToys is in serious trouble and informs the toy industry that it will file bankruptcy unless it can sell the entity. Goldman Sachs is engaged and given more than $2 million to find a buyer. 

 

            Johnson and Johnson acquires BabyCenter.com, an asset of eToys for $10 million. Johnson and Johnson purportedly never received any inventory and only paid such for the domain names of BabyCenter.com.

 

            Foothill Capital becomes the secured lender of eToys with a $40 million dollar loan in November.  More than $100 million is transacted and the loan becomes free and clear prior to March 7, 2001. The money is paid back to Wells Fargo.  Barry Gold and TBF have testified the have ongoing relationships with Wells Fargo.  The $100 million preferential loan has never had any court authorized independent review.

 

            Several other preferential items were with held from any review by Haas that included $2 million hidden cash deposits overseas that was controlled by David Haddad and Dave Gatto, two VP’s at eToys. In excess of $10 million in electronics that was returned to Pioneer Distributing was never properly addressed. Over $60 million in bond reductions around the fall of 2000. One hundred thousand electronic units of unknown categories and value which was purchased two weeks before eToys filed bankruptcy and was only discovered by a mysterious $15,000 check that arrived without an invoice number.  When the parties controlling the transaction were questioned they deleted pertinent fields and quit the very next day.

            Deceptively eToys informs the public stockholder in December 2000 stating they have merger plans and expect to turn-around the company successfully. At this time the industry is already aware of the probable impending bankruptcy.

 

            When eToys files for bankruptcy protection around March 7, 2001 there are multiple entity bids to acquire the remaining eToys assets for as low as 6% on the dollar. The WSJ reports that KB Toys has acquired the bulk of eToys remaining assets for $5 million.  Haas discovers a KB Toys feasibility study by a Harvard group for Ropes & Gray attorney firm. The document does not have any personnel mentioned directly. Ropes & Gray is Bain’s counsel. Bain owns KB Toys.

 

            During this time Haas presents a scenario that can get eToys 100% on the dollar for assets including parties interested in acquiring the public entity of eToys. The local counsel for eToys in California (Irell & Manella), inadvertently nix’s the Scholastic public equity deal by a premature conversation of Irell & Manella’s Howard Steinberg discussions with the WSJ which resulted in Scholastics withdrawal of their offer.

 

            The other plausible winning scenario for eToys entire assets and public entity required the acquisition of the Playco/Toy’s International entity which had well established brick n mortar stores in strategic locations within California.  TBF also represented the Creditors in the Playco case.  TBF refused to discuss the potential successful Playco merger or acquisition. Stating that the deal was cemented with Bain and KB Toys.  While it is now discovered that such a refusal is a major conflict of interest, in and of itself.  The secured lender that was selling the assets of Playco for 30 cents on the dollar was Wells Fargo and Paragon.

 

            More egregiousness occurs when it is now ascertained that the buyer TBF had assigned for Playco was the OZER group. The issue of Wells Fargo is a criminal conflict of interest for TBF and Barry Gold. This is compounded by the verity that TBF has as relationship with OZER group. Which is not as morose as the fact it is discovered that Paragon was owned by Wells Fargo and OZER. 

            The Department of Justice steadfastly refuses to address the prolific Fraud

 

            Wherefore we took the autonomy to endeavor what the Court and Justice Dept refused to do, as a group of eToys equity holders and myself, provided numerous, persistent, documentations of the confessed acts. Giving the evidence to the Office of Professional Responsibility, the Office of Inspector General, the Office of Governmental Ethics, the US Marshall’s, the FBI and many other divisions of the Justice Department.  Including, but not limited to the Public Integrity Section, the Corporate Fraud Task Force and even other clerks in other federal courts. Of the few that did give us the time of day to respond we were always referred back to the Delaware US Attorney’s office and the General Counsel’s office of the United States Trustee. (May as well allow Capone to be his own judge and jury as the fiduciary failings of those parties remains to be “the” problem If they did their job we would not be here now.)

 

             We believe that in many a case, each of the junior system personnel participants that have inadvertently been lodged up in this affair were initially guilty of a minor act of cronyism. Where unexpectedly the amity became full fledge complicity when one became inadvertently trapped due to the assumption that the effort of assisting one’s career associate against unimportant “pro se” parties was a matter of little consequence.

 

             It is highly plausible that when others, despite their esteemed level of trust, as they instruct a clerk, Special Agent or even an AUSA; that the “pro se” parties should be ignored, an underling takes the instruction and says O K, if you say so. How could any clerk or FBI agent have any idea that “bad faith” acts are occurring when the Justice Dept attorney Mark Kenney, or the former Region 3 Trustee Roberta DeAngelis (who has been promoted to the post of Acting General Counsel in charge of what matters are referred for prosecution) and the Delaware US Attorney Colm F Connolly (who just happens to have been a partner with Morris Nichols law firm when the events of Morris Nichols false affidavit’s occurred) No Agent or clerk can readily know of “undisclosed” connections to the issue(s) and therefore it is an Obstructive request to disregard.

 

            Mark Kenney, the “key” Justice Dep. cog necessary to gear the whole mania, has a lot of explaining to do. While at the same time anyone that agreed to any “ex parte” communication with him is mechanically stuck between the law & the proverbial hard place. Without Mark Kenney’s involvement from eToys, Bonus Sales and KB Toys these schemes would have halted long ago.  The question remains was he the facilitator or the grunt on the front lines. Only he can answer such a question.

 

            Unfortunately we cannot read the mind of those who are charged with the responsibility of policing the system. As the average citizen remains procedurally restrained from instantaneous intervention or any attempt at apposite remedies. Our research has discovered that starting in 2002 and compounded in 2004; the Administration’s mindset pushed the agenda of settling versus prosecuting white-collar criminal corporate acts. Empirical studies are well documented on such esteemed websites as the Law Professors Blog Network, Law.com and Congressional studies into such scenarios as the gains and failures of the Sarbanes-Oxley Act.

 

             The authorities we contacted (as it was readily apparent the Justice Dept. was malfunctioning) basically kept telling us to call another arm of the system where we set records in merry-go-round futility. The Court and the Justice Dept. were unstoppable in their staunch refusal to prosecute due to their inherent powers and rudimentary controls that prevent whistle-blowers or citizen oversight.

 

            No citizen or organized group of the populace can officially ascertain what motivates authoritative parties to engage in behavior that recklessly disregards the verity of the bad faith issues. Especially when the issues are compounded by apathetic acts of disregard of the law by the very authorities needed to cure the malfeasances, as such authoritative bodies are shamelessly, willfully, blind to readily apparent criminality.

 

            The system of justice, which the Corp Fraud Task Force was designed to expedite, has inadvertently become a quagmire machine of ineptitude that is facilitating racketeering efforts by attrition. For the foxes know how to get the chickens when the farmer has left the coup open. Being that commerce and legalities are going global, as this case is a national and international matter, well beyond boundaries of our ability to investigate, the truth is it is not our responsibility to tell you why they can get away with the crimes. We can only do our part to proficiently document to all who care to read; that they are pilfering in essence Fort Knox as soldiers of justice are no where to be found! 

 

The reader is challenged to refute the proofs provided

 

            We challenge you to find an item listed below that is not a fact. For my testimony to you concerning these matters that you read below is done under oath. It is not our wish for the demise of anyone’s career, the incarceration of the perpetrators or notoriety. Our goal is justice pure and simple, just principled review of the facts, no more no less.

 

            Everywhere we look we find criminal activity and yours truly is destitute, auto-less, jobless, uneducated and untrained. Without the abilities or tools that are afforded those within the system. We have now begun to expand our research for affiliated activities, as it appears to be that we do not have sufficient amounts of subterfuge to make it worthwhile for any authoritative intervention and cure of the malfeasance.

 

            SEC regulations and newly discovered issues; such as documentation of roaming hordes of parties, that go from one bankrupt public entity to another, prior to and after bankruptcy filings are nefarious acts which must be arrested.  We have even found a failure to list an FDIC chartered entity, Granite Bank, that was a $75 million dollar “undeclared” asset in Stage Stores bankruptcy that was sold to the World Bank for $140 million. Thus begin with the tale of woe that is beyond any level of comity.

 

RE: the matter of In re: eToys 01-706 thru 01-709 (consolidated) there are more than 100 statutory violations with works to basically coverup $300 million in fraud issues.

 

Issues of “syndicated” criminal activities: as multiple parties have admitted to filing multiple, intentionally false, Rule 2014 affidavits, after “officers of the court” were [fore] warned not to do acts contrary to statutory requisites by the Justice Dept.

 

            The abundant white-collar, syndicated, criminal activity that is documented below can only exists in a vacuity of authority where rampant lawlessness, bereft of restraint and oversight continues unfettered with a high mindedness of gall enjoying the premise that they are “above the law”..

 

            Where extensive proofs have been provided of scheme's and willful circumvention of the Code and the Court by gratuitous, bribing, clandestine Hiring Letter(s). While repeated attempts to inform the Courts of additional acts of subterfuge, such as the collusion of sale of bankrupt estate assets to “undisclosed” connected parties for reductions in the tens of millions of dollars remains unaddressed.

 

            Even the proofs that more than $200 million in pre petition preferential items also have “undisclosed” connections where such has also enjoyed the advantage of “nolle prosequi”. As the “collaborative” groups criminal activities have continued now for more than 6 years, with adequate proofs before the courts, within the docket record for more than 3 years, which has been nefariously dismissed by the significant aid of Dept of Justice employee's such as Mark Kenney, Roberta DeAngelis, Kelly B Stapleton, Andrew Vara and Colm F. Connolly.

 

            Where overt acts of Obstruction have been utilized to expunge the proof of syndicated, criminal activity by official acts that are contrary to statutory mandates and Oath's of office. More than 100 felony violations have occurred, including, but not limited to, collusion to defraud an estate, Intimidation of Victim or Witness, Perjury, Scheme to Fix Fee's, failure to declare million dollar cash assets, False Oath's/Declarations, MisPrison, Conspiracy, Bribery, Extortion, Blackmail and more.

 

            The crimes are accomplished by the “willful blindness” and reckless disregard of the facts or law by the Justice Dept employees. Being done or accomplished under “pretense” and “color of Law” efforts including Motions before the Court to strike, expunge and dismiss by the Justice Dept employees who are now acting as “appellee” in Circuit Court appeal cases guarding the right to offer illegitimate ability to circumvent the constitution and offering subtly implied immunity to the felonious acts, contrary to their Oath(s) of office and fiduciary duties as Dept of Justice employees to protect the public trust;

 

           

Facts and History of actions Not In Dispute

 

A.    Court approved parties in eToys

 

WHEREAS it remains undisputed that eToys.com was a public equity entity that filed for bankruptcy protection on or about March 7, 2001;

 

WHEREAS it remains undisputed and has been documented or admitted that the Delaware bankruptcy courts approved the law firm of Traub Bonacquist & Fox (TBF) as counsel for the Official Committee of Unsecured Creditors (D.I. 246) (affirmed D.I. 2195 ¶5) subject to the reporting and affidavit requisites of §327(a) and Rule 2014;

 

WHEREAS it remains undisputed and has been documented or admitted that the Delaware bankruptcy court approved the law firm of Morris Nichols Arsht & Tunnel (MNAT) as the eToys (Debtor) counsel (D.I. 252) subject to the reporting and affidavit requisites of §327(a) and Rule 2014;

 

WHEREAS it remains undisputed that CrossRoads LLC (a/k/a Xroads) had the bankruptcy courts approval to be the Debtor's financial consultant (D.I. 254) where Ellen Gordon submitted to the Court a billing statement that remarked upon “waiting upon the Court's approval of the hiring of Barry Gold” (original NIBS D.I. 467);

 

B.    Unapproved party, “wind down coordinator” Barry Gold

 

WHEREAS it remains undisputed that, after being forewarned by the UST, the law firm of TBF volunteered Barry Gold as “wind down coordinator” (D.I. 2195 ¶19), who then became President/CEO of Debtor who TBF also volunteered as the Confirmed Plan Administrator – without TBF, MNAT, Xroads, Richard Cartoon or Frederick Rosner ever informing the Court or parties of interest that Barry Gold was a paid associate of TBF;

 

WHEREAS it remains undisputed that the eToys shareholder, Robert Alber, questioned Barry Gold, on the stand, in October and November 2002, prior to the Plan being confirmed, about Barry Gold's connections to TBF where Barry Gold denied having connections to TBF. While the Court had discussions with Robert Alber concerning the parties not receiving a “get out of jail free card” with extensive exculpatory language within the Plan, where the Justice Dept attorney, Mark Kenney sat in specious silence;

 

WHEREAS it remains undisputed that Barry Gold did supply a Confirmed Plan Administrator's affidavit, “under penalty of perjury” stating that the Debtor and Creditor had negotiated the Plan in “good faith” and “arms length” negotiations. (Barry Gold's declaration)(D.I. 1312).

 

C.     Admitted False Rule 2014 Affidavits – Perjury & other illegal issues.

 

WHEREAS it remains undisputed that TBF senior partners, Paul Traub and Michael Fox had engaged in discussions about amending their Rule 2014 affidavit's once their connections to Barry Gold became a public issue in the Delaware bankruptcy case of In re: Bonus Sales 03-12284 (D.I. 2195 ¶18).

 

WHEREAS it remains undisputed that TBF sought to expand the considerable  range of their Court approved activities in the particular  issue of Goldman Sachs' after MNAT's existing  conflict of Goldman Sachs became readily apparent. Within such pursuit of expanding TBF's retention duties TBF affirmatively misrepresented that there were no “undisclosed” conflicts of interest when TBF supplied an additional, separate, Rule 2014 affidavit supplemental January 2002 (D.I. 2195 ¶17).

 

D.     US Trustee's failure to perform fiduciary duties and other errant acts.

 

WHEREAS the United States Trustee's (“UST”) office is appointed as “policing” “watchdog” of public equity estates as per the Janet Reno Reform Act of 1994, 28 U.S.C § 586 and 11 U.S.C. § 307 which is affirmed in many cases such as In re Revco D.S., Inc. 898 F.2d 498, 500 (6th Cir. 1990) (describing the UST as a “watchdog”.)

 

WHEREAS the UST office, specifically Mark Kenney was informed by Haas that TBF's Susan Balaschak had threatened Haas and CLI to “back off”, doing so through CLI's counsel, a former Trustee in Delaware, Henry Heiman who “emailed” such statement directly to Haas that if Laser failed to “back off” not only would CLI not be paid, Haas's career would suffer and further retaliations would occur;

 

WHEREAS the Justice Dept attorney, Mark Kenney, did respond to Haas that the significant  issue(s) of TBF and Barry Gold had been satisfied in the case of Bonus Sales, whereupon Haas then researched and found out of the unique  existence of the startup  company that Paul Traub of TBF and Barry Gold owned together since April of 2001, that being Asset Disposition Advisors, the association repeatedly referred to as ADA;

WHEREAS it has been admitted and documented that the UST office had discussions [forewarned] the parties against replacing any key personnel of the Debtor with anyone connected to the retained professionals of the Debtor's estate (please see eToys court docket record Asst UST Frank Perch “original” Motion to Disgorge TBF for $1.6 million (Disgorge Motion) (D.I. 2195) that was submitted to the Court on February 15. 2005);

 

E.   Court and US Trustee clearly erroneous findings

 

WHEREAS it has been admitted and documented in the Disgorge Motion and the Bankruptcy Court's Order (D.I. 2320), with corresponding Opinion of October 4, 2005 (the Opinion) (D.I. 2319) that both the firms of TBF and MNAT did place multiple false affidavits before the Court, where the Disgorge Motion in the very first footnote remarked that Barry Gold was not required to apply to the Court [per § 327(a)];

 

WHEREAS it has been stated by the Court in the Opinion, which remarks that it is a finding of fact and conclusion of law (footnote 1) that Barry Gold was not required to apply as the “post petition” “wind down coordinator” who was placed in by TBF after being [forewarned] by the UST against such actions;

 

WHEREAS the new Region 3 Trustee, Kelly B. Stapleton, through the hands of the DOJ attorney assigned to the Region 3 Wilmington Delaware office, Mark Kenney, did place before the bankruptcy court, less than 10 days after the Disgorge Motion, a Stipulation to Settle the Disgorge Motion for $750,000 on February 24, 2005 (the Stipulation)(eToys docket item 2201)

 

WHEREAS Paul Traub of TBF did confess before the bankruptcy Court on March 1, 2005, by direct examination of the Court, that TBF paid one Barry Gold four (4) separate payments of $30,000 each both pre and post petition filing of the Debtor, (the transcript of which is in the record)(D.I. 2228)(see part one of D.I. 2228 pages 60 thru 70).

 

WHEREAS the UST has speciously, never mentioned the firm of MNAT;

WHEREAS the UST new Region 3 Trustee along with DOJ counsel Mark Kenney did the overt act of asking the KB bankruptcy Court to strike and expunge the information and proofs provided by Haas to that Court concerning the nefarious deeds and failures to disclose by TBF and Barry Gold, of their respective connections to Bain/KB parties when, after the Stipulation to Settle in the eToys case, TBF did petition the KB Toys bankruptcy Court for the right to prosecute the preferential of Bain and Michael Glazers pre petition $100 million dollar payments;

 

WHEREAS the UST office has aggressively acted as “appellee” in the Delaware District Court appeal cases of 05-728, 05-829,05-830 and 05-831 defending the perpetrators who have admitted to supplying multiple and intentionally false Rule 2014 affidavits. Where the UST “egregiously”, with great material adverse harm to CLI and other parties of interest, is acting contrary to their Oath of office in breach of their fiduciary duty;

 

WHEREAS the UST office also has entered into the 3rd Circuit appeal cases of 06-4308 and 07-2360 as “appellee”, where, even Roberta DeAngelis herself has now entered the 3rd Circuit appeal of 07-2360 asking the court to dismiss the case. Defending, in a treasonous manner to her Oath of office, the parties and the right of Mark Kenney and Kelly B Stapleton to provide the perpetrators with the Stipulation to Settle and the illegitimate language therein, which the new Asst US Trustee, Andrew Vara has concurred with by assigning his name also to the inappropriate brief,

 

            It is hereby stated that the UST office, the Executive Office of United States Trustees (EOUST), the Courts and the US Attorney's office in Wilmington Delaware, specifically Colm F Connolly, as Mr. Connolly was a partner with MNAT in 2001, when this fiasco began.

 

            The above referenced parties have tangibly  participated in efforts to diminish investigations and prosecutions on account of amity where it appears it was initially believed one was simply being willfully blind to a single aberrant act of deviant  behavior, an “OOPS”. This inadvertently followed the proverbial “assume” pathways and placed the “system” in the relevant  role of being forced into facilitating Fraud on the Court by cronyism and dereliction of duty where a staunch refusal to admit an errant pathway has now fostered serious breaches of fiduciary obligations and acts betrayal to Oaths of an office! (Once one assisted the single aberrant OOPS, in traditional governmental fashion, there was no turning back.)

 

            The facts are irrefutable and insurmountable when statutory mandates are applied correctly. As the parties of TBF and MNAT have already confessed to multiple errant Rule 2014 affidavits, the statutes of mandatory disqualification are well established and clear. All one needs to do is read the evidence, for there remains no hyperbole or conjecture as the proofs are “all” court docket records.

 

            Or lack thereof concerning breaches of fiduciary duties, such as failures to pursue “connected” preferential items, if no independent counsel was court dutifully  authorized to address any preferential the law was immediately broken. 

 

            The Debtor eToys  goes public in mid 1999 and Bankrupt in March through December 2001 sells assets to Bain /KB for discounts in tens of millions while the attorneys of TBF and MNAT who handled eToys also were working with Bain affiliated entities and persons. MNAT currently represents Bain in the KB Toys bankruptcy case (Del Bankr 04-10120).

 

            TBF worked for and with Bain/KB affiliated parties in the S Texas Bankruptcy of Stage Stores (S TX Bankr. 00-35078). While TBF and their admitted paid associate, Barry Gold, was at Stage Stores several persons were directors and/or stockholders/owners of Stage Stores, such as Jack Bush and Michael Glazer. (Michael Glazer was CEO of KB Toys while a director and stockholder at Stage Stores.)

 

              The law mandates that both firms of TBF and MNAT have no connection with eToys or with each other.  The rules of conflict of interest are designed to assure the public and the creditors get a fair deal, especially when public stock companies are involved. They must keep their hands out of the money cookie jar. It is the job of the UST office and their designates, such as Roberta DeAngelis, Kelly B Stapleton and Mark Kenney to administer the “policing” “watchdog” duties of public equity estates.

 

Whistle-blower Laser Haas exposes conflict of interest in eToys

 

             The sales efforts of Laser of CLI managed to get back more than $45 million into the eToys bank accounts. Yet for some inexplicable reason the new CEO of eToys, Barry Gold and the law firms TBF & MNAT kept finding fault with Laser's accomplishments. When Laser discovered the possibility that Barry Gold and TBF might be associated he was offered a very clever bribe of $800,000 with a warning of TBF's high connections. 

 

            Upon turning down that gratuitous offer, a campaign to destroy Haas began that forced Laser to hire a new attorney for CLI. Initially Haas was coaxed by TBF, MNAT, Barry Gold and the Chairman of the Creditors Committee to save the estate expenses, by having Laser's entity CLI hired instead of Haas personally and allow the Debtor's counsel, MNAT, to submit all legal items to the Court to be processed. The Court Orders approving both of CLI contracts state that the reports to the Court shall be done “with the assistance of Debtor's counsel”.

As the parties of MNAT, TBF and TBF's paid associate were gaining control of the Debtor's estate nefariously, the persuading of Haas to allow the Debtor's counsel to put the paperwork before the court assured the scheming parties that no one not within the inner circle of the subterfuge would gum up the works.

 

After CLI was approved and the UST had warned the parties against replacing key personnel of the Debtor with any “connected” individuals TBF and MNAT drafted a clandestine Hiring Letter for Barry Gold to become a “wind down coordinator” of the Debtor. As CLI was already the Court approved “sole” liquidation consultant; the parties could not ask the Court to approve Barry Gold as his services would have been duplicate of CLI's duties. Being that the efforts to gain control of the estate and the failure to disclose multiple connections was already occurring “en mass” MNAT and TBF along with others, such as David Gatto, drafted the Hiring Letter of Barry Gold flagrantly contained a clause within that permitted Barry Gold, of his own volition, to choose to circumvent applying to the Court where Barry Gold was then rewarded with an increase from the $30,000 per month that TBF has stated Barry Gold was receiving.

 

Barry Gold would also then be rewarded with the position of President and CEO with a chance for a bonus at the end of the case. (please see engagement letter clause (“ i”) Barry Gold January 25, 2005 response to allegations)(D.I. 2169). Upon completion of the ruse to gain control of the estate entirely the parties then acted as if they were “arms length” and “good faith” negotiators as TBF offered and MNAT accepted Barry Gold as the Confirmed Plan Administrator.

 

 

 

a Henry Heiman who was formerly a Trustee in Delaware. TBF, MNAT and Barry Gold had “produced” some documents to the Court stating that Haas generously waived all earnings.  CLI was entitled to more than $3 million in fees and expenses.  Heiman stated that he would correct the matter, that the contracts the court approved were indisputable and that CLI would be paid in 30 days. Haas told Heiman and the US Trustee office how the parties had tried to invite Haas to become one of the “good ole boys”. Both stated there was no law broken, that no court violation had occurred and denied any legalities/violations of conflict of interest issues.

 

HAAS studies Law on DOJ website and informs his lawyer and DOJ of perjury

 

            Two years later Laser began to sense that Heiman did not have the best interest of CLI in mind; so Laser started to research the Code and Rules of the bankruptcy system that anyone can find on the Dept of Justice website. The law states the Courts can only approve attorneys for work in bankruptcy matters, once the attorneys submit an Affidavit, under Bankruptcy Rule 2014. Attorneys must state that there are no connections or conflict of interest. They must not touch the pot of golden cookies in the cookie jar.

            The DOJ website led Laser to discover that both Heiman & the Dept of Justice Attorney, Mark Kenney, had lied to Haas in stating the bribe was not an issue unless accepted. Perjury had been committed by the many false affidavits that had been tendered by the attorneys. TBF, Barry Gold, MNAT, etc, had been paid more than $14 million in fees and expenses.  Attorneys must re-certify there are no conflicts whenever the seek payments.  They must submit fee affidavit applications at least every three months.

 

Parties angered at Laser's investigation warn HAAS to "back off" or else!

 

            Upon supplementary discoveries of malfeasance Laser again contacted the Dept of Justice's Mark Kenney and informed him of the issues at hand. This resulted in heated phone conversations whereby Heiman emailed Laser a threat by Susan Balaschak of TBF. Stating if Haas did not “back off” from his investigations not only would CLI not get paid for the work the Court had approved, Laser's career would suffer greatly and TBF would seek additional retaliations to come after Haas for monies earned prior.

 

DOJ Attorney slip of tongue provides proof of Perjury and Fraud.

 

            When Laser called the Dept of Justice about such, Mark Kenney also addressed Haas in an angry manner and stated that the conflict of interest issues of Barry Gold and TBF had been handled in Bonus Sales. There it was, out of anger, a slip of the tongue, Mark Kenney accidentally provided Haas with the place to find the proofs that the Dept of Justice had known all along. Undisclosed conflicts of interest of TBF and Barry Gold existed and had already been addressed by the Courts twice before. Congress has mandated that all court cases now be available to the public by Internet access, knowing the fact that issues hidden tends to corrupt. The public access system is called PACER.

             Researching PACER for the Bonus Sales case (Del Bankr 03-12284) led to the discovery of a company that TBF's owner, Paul Traub and Barry Gold hold together.  The entity of Asset Disposition Advisors. (ADA)  The old adage of the lie told yesterday is forgotten when one tells a lie today proves to be correct in this case.