DHS new ca$tle …


DHS gets a $3.4 billion castle


Never Will Any Bureaucracy Enjoy a More Appropriate Headquarters


Posted by Becky Akers on September 26, 2011 02:30 PM

Despite the recession, Our Rulers have long muttered about robbing us to buy spiffy new digs for the Department of Homeland Security. It seems the poor, jackbooted thugs are currently “scattered through more than 35 offices around Washington. …”

Wow. Oughtn’t that be Sensitive Security Information? I mean, Al Qaeda might intercept the Koffee Kart running from building to building or something.

But I digress. “ … Janet Napolitano, their boss, works from a former Navy radar facility that has all the comforts of a barracks.” Aaaawwww.A pedophile and gate-raper ought to luxuriate while she plots more sexual assaults on us serfs, don’t you think? “Plus, in traffic, she’s a good 40 minutes from the White House.” Hey, in the War on the Constitu—sorry, Terror, no sacrifice is too wrenching.

clip_image003At any rate, DHS will renovate an abandoned Victorian behemoth once Congress quits “stall[ing]” this “$3.4-billion headquarters project.” The Feds originally built the place in the 1850’s as … an insane asylum.

Some days, writing about these paranoid nincompoops is just too much fun!


Hack team leader: ‘Can do similar things on pretty much every e-voting machine’…



clip_image001… Forget the brand name … when do we just demand plain vanilla paper ballots and authenticated tabulation … so what that corporate new$ can’t report “official” results for a day or two … the process would be cleaner a bit more truthful…


National Security Lab Hacks Diebold Touch-Screen Voting Machine by Remote Control

09-27-2011   http://www.bradblog.com

Hack team leader: ‘Can do similar things on pretty much every e-voting machine’…

The Vulnerability Assessment Team (VAT) at the U.S. Dept. of Energy’s Argonne National Laboratory in Illinois has managed to hack a Diebold Accuvote touch-screen voting machine in what I describe at my exclusive today at Salon as perhaps "one of the most disturbing e-voting machine hacks to date."

As noted by the computer scientists and security experts at Argonne’s VAT, largely all that’s needed to accomplish this hack is about $26 and an 8th grade science education.

Read Full Story

our current paradigm of greed will not support this assertion …

… All things being equal and providing mankind choose to live under a different paradigm … our current paradigm of greed will not support this assertion …

World has ‘enough water’ for future food needs


WATCH VIDEO HERE … http://www.youtube.com/watch?v=eXADcCrL4X4&feature=player_embedded


There is enough water in the world’s rivers to meet the demands of the expanding global population, but the rivers have to be better managed, according to a series of studies released today at the 14th World Water Congress in Porto de Galinhas, Brazil.

The key problem for water use is not scarcity but inefficient use of supplies because of poor governance and regulation, concludes a special issue of the Water International coordinated by the Consultative Group on International Agricultural Research’s Challenge Program on Water and Food (CPWF).

The global population is expected to reach nine billion by 2050, and will need 70 per cent more food and about 50 per cent more electricity — of which hydropower is expected to supply about one third.

Some areas are experiencing water shortages already and there is concern over conflicts related to sharing of food and water resources.

"The failures are institutional and political," Simon Cook, leader of the CPWF Basin Focal Research Project, told SciDev.Net.

The studies analysed economic and demographic conditions; hydrology; agricultural systems and the influence of institutional factors on water availability and use in nine major river basins in Africa, Asia and Latin America.

They found that, in many areas, water production can be substantially increased without harming the environment. In Africa, for example, most cropland is rain-fed and only four per cent of available water is captured for crops and livestock.

"Somehow, we have to get more food without taking more water — and the most promising way is through improving rain-fed agriculture," said Cook.

But a lack of strong institutional arrangements limits access to resources, tofinance, or the markets that prevent farmers from developing land to its full potential, the studies found.

To improve water use and food production, research and policies should consider agriculture, food systems and water as a holistic system, and balance the needs of all users.

Policies should also look beyond crops and take into account water’s often neglected role in livestock farming and fisheries, which are important for local diets and livelihoods. For example, freshwater fisheries support 900,000 people in the Niger basin and 40 million people in the Mekong for at least part of the year.

Mark Redwood, leader of the Climate Change and Water programme at the International Development Research Centre, Canada, who was not involved in the study, told SciDev.Net: "The challenge of water in the short term is very much a political and social one".

With improved governance most parts of the world could meet their short and mid-term water needs, he said, but cautioned that was uncertain in the long term.

"All bets are off since global climate change is expected to create much more uncertainty with regard to the physical availability of water."

…Correct me if I am off base but the paradigm above looks at WATER as part of the “COMMONS” … !  !

Just part of the old Shell Game …. Don’t fall for it …

…OK … so we stop the war for a day or two … stop playing with our drones … give Congress and Courts three days off  (without pay) … Presto … FMEA has funds …

Just part of the old Shell Game …. Don’t fall for it …


FEMA has enough money to last until week’s end


By Ed O’Keefe  Updated 1:45 p.m…. Posted at 12:30 PM ET, 09/26/2011 … http://www.washingtonpost.com/blogs/federal-eye/post/fema-has-enough-money-to-last-until-thursday/2011/09/26/gIQAGZHMzK_blog.html?wpisrc=nl_pmpolitics

The federal government’s disaster relief fund has enough money to continue distributing storm aid through the end of the week — longer than originally estimated, and maybe just long enough to avoid another congressional spending showdown.

The relief fund, operated by the Federal Emergency Management Agency to pay for presidentially declared disasters, had $114 million on hand as of Monday morning, the agency said. Revised estimates over the weekend determined that the fund should remain solvent if there are no new natural or man-made disasters, the agency said. The fund’s solvency also depends on the number of disaster survivors who might apply for federal assistance this week, but the agency said it has no way of estimating how many applications would be needed to sap the entire fund since individual assistance payments vary.

Keeping the disaster fund solvent through late Thursday or Friday could help end disagreements between Republicans and Democrats over how to pay for an additional $1 billion in disaster relief funding for fiscal 2011.

Though Republicans propose paying for disaster costs by making cuts to energy programs, Democrats have argued that disaster relief money should be provided without additional spending offsets.

But keeping the disaster fund flush with cash through Friday would allow lawmakers to vote instead on a short-term measure for the first few weeks of fiscal 2012, which already includes $2.65 billion for the fund.

As we’ve reported extensively in recent days, any lapse in funding this week could jeopardize the progress of thousands of reconstruction and disaster-mitigation projects nationwide. At least $447 million worth of projects in 42 states are affected by the funding impasse, caused in part by Hurricane Irene’s 12-state destruction zone. Those delays would end once the fund is replenished at the start of fiscal 2012.

Senators are expected to vote Monday on a short-term funding measure that would avert a government shutdown and provide additional money for FEMA’s disaster fund. But Senate Majority Leader Harry Reid (D-Nev.) appears unlikely to garner enough Republican support to nab the 60 votes necessary to pass the bill, leaving no obvious way forward in the ongoing struggle to avoid a government-wide shutdown.

and this action we define as diplomacy…?

… and in the next breath it is expected that all Middle East countries and people TRUST us … Just what the hell are these folks smoking…?


Western diplomats walk out of Ahmadinejad speech

09-25-2011  •  www.france24.com 

Diplomats from dozens of Western nations walked out of the UN General Assembly hall Thursday as Iranian President Mahmoud Ahmadinejad delivered scathing attacks on the US and Western Europe … and this action we define as diplomacy…?

Put Federal Officers on Choke Chains

IF … in fact a Sheriff has law enforcement powers exceeding that of any other state or federal official … I now understand how Maricopa County Sheriff  Joe Arpaio is able to continuously grand-stand with impunity 

Wyoming Sheriffs Put Federal Officers on Choke Chains

From http://lyghtforce.com/survival-ark/  http://www.greaterthings.com/News/Martial_Law/WyoSheriffs.htm

County sheriffs in Wyoming are insisting that all federal law enforcement officers and personnel from federal regulatory agencies must clear all their activities in a Wyoming county with the Sheriff’s Office. Speaking at a press conference following the recent US District Court decision (case No 2:96-cv-099-J) Bighorn County Sheriff Dave Mattis stated that all federal officials are forbidden to enter his county without his prior approval.

"If a sheriff doesn’t want the Feds in his county he has the constitutional power and right to keep them out or ask them to leave or retain them in custody."

The court decision came about after Mattis & other members of the Wyoming Sheriffs’ Association brought a suit against both the BATF and the IRS in the Wyoming federal court district seeking restoration of the protections enshrined in the United States Constitution and the Wyoming Constitution. The District Court ruled in favor of the sheriffs, stating that,

"Wyoming is a sovereign state and the duly elected sheriff of a county is the highest law enforcement official within a county and has law enforcement powers exceeding that of any other state or federal official."

The Wyoming sheriffs are demanding access to all BATF files to verify that the agency is not violating provisions of Wyoming law that prohibit the registration of firearms or the keeping of a registry of firearm owners. The sheriffs are also demanding that federal agencies immediately cease the seizure of private property and the impoundment of private bank accounts without regard to due process in state courts. Sheriff Mattis stated,

"I am reacting to the actions of federal employees who have attempted to deprive citizens of my county of their privacy, their liberty, and their property without regard to constitutional safeguards. I hope that more sheriffs all across America will join us in protecting their citizens from the illegal activities of the IRS, EPA, BATF, FBI, or any other federal agency that is operating outside the confines of constitutional law. Employees of the IRS and the EPA are no longer welcome in Bighorn County unless they intend to operate in conformance to constitutional law."

This case is evidence that the Tenth Amendment is not yet dead in the United States. It may also be interpreted to mean that political subdivisions of a State are included within the meaning of the amendment, or that the powers exercised by a sheriff are an extension of those common law powers which the Tenth Amendment explicitly reserves to the People, if they are not granted to the federal government and specifically prohibited to the States.

Case Notes:

Case: Castaneda v. USA
Filed: 10th May 1996
Closed: 29th April 1997
Case No: 2:1996cv00099 Wyoming District Court, Casper
Nature of Suit: Civil Rights


get real … what’s secret … ?

…Nevada’s big bet on secrecy…


OPEN LINK TO VIEW VIDEO http://www.reuters.com/article/2011/09/26/us-shell-games-nevada-idUSTRE78P1Y020110926

Each man built a thriving business that helps people set up shell companies, firms with few real operations, in the state of Nevada.

And each had done time in federal prison for a financial felony.

Young served 14 months in prison for employing Nevada shell companies to help clients dodge taxes. McMiniment spent three years in jail for wire fraud in a theft and tax-evasion operation that also involved Nevada shells. Neiswonger did 14 months for committing wire fraud and money-laundering in a get-rich-quick scheme.

The presence of former felons in the business of creating businesses is an extreme example of vulnerability in corporate America. Nevada has spawned a thriving industry of consultants who aid companies seeking to avoid liability and disclosure, at a time when Washington is calling on other nations to enforce greater transparency of financial flows.

Ten years ago, Nevada enacted some of America’s loosest disclosure and liability laws for corporations, in a bid to spur the state economy. It protected corporate officers and directors from liability for breaches of duty, bad faith and self-dealing – acts that can be the basis of lawsuits in other states.

Today, the business of registering companies in Nevada, many of them shells, is booming.

Nevada has emerged as the state with the second-largest number of corporate entities registered per capita, after longtime leader Delaware. The state’s business-filings unit generated revenue of $108 million in fiscal 2010, up from $43 million in 2002.

At the same time, Nevada is attracting an outsize number of companies with shaky financial reporting, according to a study published in March by Michal Barzuza and David C. Smith of the University of Virginia.

On average, in each year between 2000 and 2008, 14.5 percent of public Nevada companies restated their accounting; 12.6 percent lowered reported net income; and 1.3 percent were the subject of fraud allegations or investigations by regulators, the study found. Nationally, 8.5 percent of companies restated their accounts, 7.3 percent reduced their reported net income and 0.9 percent were subject to fraud allegations or probes.

Nevada also emerged as a hotbed for a key subset of shell companies, those that are listed on stock exchanges. Financial consulting firm PrivateRaise says that 588 of the 1,215 publicly-traded U.S. shell companies it monitors, or nearly half, are registered in Nevada. Public shells have drawn scrutiny from regulators as a backdoor way for foreigners to list on U.S. markets, because buyers can get a listing without the scrutiny of an initial public offering.

In effect, says University of Virginia’s Barzuza, the Silver State is marketing itself as a low-liability zone, attracting a niche of owners more prone to reporting problems. "Nevada has all but hung up a ‘no law’ for-sale sign," she says.

PIERCING THE VEIL OF SECRECY    Most Nevada companies are above-board. And so are most shell companies: They are used by corporations to set up side businesses under different brands, for instance. Corporations can use shells for legitimate secrecy, such as storing intellectual property that they don’t want nosy competitors to know they possess.

But Nevada boosters are going a step further, touting the state as an oasis of anonymity and even impunity for business owners.

Wayne McMiniment’s website claims – in a stretch of the truth, state officials say – that Nevada companies protect any individual "from personal liability for acts committed on behalf of the Corporation, by the Corporation." Aaron Young’s firm pitches the state as a place to avoid the taxman’s gaze: "It is very hard to pierce the veil of a Nevada corporation," its site says. Richard Neiswonger’s promotional literature marketed Nevada as the alternative to an offshore tax haven: "This provides your clients with the highest level of privacy and asset protection available without leaving the country."

Nevada officials don’t go so far, but they pitch the secrecy angle. "Piercing the corporate veil in Nevada requires the presence of ‘fraud’ or ‘manifest injustice,’" says the site of the secretary of state, Ross Miller, who oversees business registrations. "This is the highest standard for personal indemnification available."

State leaders say their incorporation laws have been an economic boon, and add that the state began tightening enforcement against financial fraud as early as 2007.

"We’re proud to be the home to hundreds of thousands of companies that participate in legitimate commerce and keep the nation’s economy moving," Secretary of State Miller said in an interview. "With the volume of filings we have, you have to realize that we’re going to have some bad apples, and therein lies the cost." He added that some incorporation firms are falsely promoting Nevada "as a safe haven for criminal activity" and that he planned to crack down on them.

The three firms run by Young, McMiniment and Neiswonger have created or represented a total of more than 14,000 companies in Nevada. More than 3,000 of these companies have been hit with state and federal tax liens and civil judgments, or named in federal civil and criminal cases. Federal investigators alleged that these companies have been vehicles used for financial fraud, stock fraud, money laundering and tax evasion, according to court records.

Reuters detailed its discovery of former felons in the mass-incorporation industry to Nevada state officials. In response, Miller said he plans to introduce a bill barring felons from running incorporation firms. In early September, he announced the creation of a Corporate Ownership Fraud Task Force to fight abuses of Nevada incorporation rules.

"Our office is always responsive to actionable leads related to violations of our criminal statutes," said his deputy, Robert E. Walsh, in an email, "and specific information from Reuters regarding felons, mass incorporators, shells, tax evasion and fraud in Nevada certainly played a role in our realization that a more formalized multi-jurisdictional Task Force may be needed at this point."

Best known as home to the anything-goes gambling capital of Las Vegas, Nevada sought a decade ago to make it more attractive for firms to incorporate here. The bill passed because legislators saw it as a way to attract real new businesses and generate fees from people setting up companies.

Some opposed the move. "We are holding up a sign that says, ‘Sleaze balls and rip-off artists welcome here,’" said Dina Titus, then a Democratic state senator, in a debate on the bill at the time. Today, she says, "a lot more harm than good has been done, to individuals as well as Nevada’s reputation."

The changes bucked a trend that intensified in the U.S. early last decade, when Washington began pressing the rest of the world to clean up shady financial flows and improve corporate transparency in order to combat terrorist funding and tax evasion.

But in America itself, states with liberal incorporation laws – such as Delaware, Wyoming and Nevada – are magnets for businesses seeking secrecy.

All three states allow "nominees" to stand in for real corporate directors and officers, keeping their names out of public records and making it more difficult for law-enforcement officials, regulators and investors to identify them.

Law-enforcement officials say loose disclosure makes it tough to investigate fraud. The U.S. Money Laundering Threat Assessment, a federal report released in 2006, named Nevada, Wyoming and Delaware as "the most accommodating jurisdictions in the United States" for the creation of shell companies, rivaling offshore secrecy havens such as the Cayman Islands and Panama. But little has been done to address those gaps.

Not everyone sees a problem in Nevada. Corporate formation is supervised by individual states in the U.S. and is largely unregulated – for the good reason that making it easy to start a business is essential to a strong economy. Nevada’s incorporation regime is a welcome low-cost alternative for companies with limited capital, some scholars say.

"I don’t think that the law has changed the business climate that dramatically. The laws don’t blatantly allow fraud," says Larry E. Ribstein, associate dean for research at the University of Illinois College of Law.

SHELL GAME PLAYER  ….  Richard C. Neiswonger has been sued by the Federal Trade Commission twice and sanctioned by four states a half-dozen times since the mid-1980s for falsely marketing business ventures and get-rich-quick schemes.

In 1998, he was indicted by federal prosecutors in Missouri on charges of deceptively enticing entrepreneurs to pay more than $10,000 to become financial consultants. He pleaded guilty to wire fraud and money laundering, was sentenced to 18 months in a Las Vegas prison and ordered to refund $2.75 million to clients. As a condition for his release, he agreed with the Justice Department to stop using deceptive tactics to market business opportunities and potential profits.

But from 1998 to 2007, including while he was in prison, Neiswonger and two associates were able to run an operation that mass-produced shell companies, prosecutors alleged this summer.

The trio operated a company called APG Marketing and a related firm called APG Inc.; the initials stand for Asset Protection Group. The businesses were at the heart of "an asset and income concealment scheme," according to a criminal indictment filed July 5 in U.S. District Court in Nevada. They formed more than 2,800 shell companies in Nevada to help more than 1,000 clients evade U.S. taxes. Neiswonger was charged with 30 counts of mail fraud, wire fraud and money laundering.

The operation made elaborate use of shells, prosecutors alleged. One type helped clients conceal ownership of assets via Nevada shell companies. Another helped shift income to Nevada, which has no state corporate or personal income tax, to evade other state and federal taxes. A third moved clients’ cash offshore through a pooled account. To hide clients’ income, they opened at least 900 bank accounts with disguised corporate owners. To create false debts that could be deducted by clients from IRS tax filings, they set up 416 fake liens, the indictment alleged.

At least 69 of Neiswonger’s customers evaded a total of more than $30 million in federal taxes, the IRS alleged. One client was Nashville resident Charles Phillip Maxwell, according to documents filed by the IRS in the FTC’s civil lawsuit.

Maxwell has a history of tussles with the IRS, court records show. In one of his five lawsuits against the tax agency, he claimed to be a citizen of the "Sovereign Republic Tennessee" and therefore exempt from federal taxes. He lost.

Maxwell allegedly used a Nevada shell company called Southland Investments Inc., set up by APG, to hide assets at a time when he owed $8,394.62 in taxes. The IRS sought to collect that amount from a Bank of Nevada account held in the name of Southland. The IRS said internal records from APG showed Maxwell to be the "true account holder."

Maxwell, 60, denies any ownership in Southland. The federal judge who authorized the IRS to seize funds from the Southland bank account was a "common thief," Maxwell said in an interview. "There is no such thing as individual liability for income tax," he said. The IRS declined to comment.

The FTC got wind of Neiswonger’s new operation and filed a civil complaint in April 2006 seeking a fine and a contempt order for violating his previous ban on deceptive marketing.

Neiswonger kept operating the APG scheme until 2007, when the state of Nevada learned of the FTC complaint and revoked the licenses of APG Marketing and APG Inc.

In July 2008, the U.S. District Court in Missouri found Neiswonger in contempt and fined him $3.2 million. A related criminal case was filed this summer; Neiswonger pleaded not guilty. David Chesnoff, an attorney for Neiswonger, said his client was not available to comment.

The case points to a challenge authorities face in policing shell company abuses.

Publicly available court records document Neiswonger’s criminal history. But no states require business-incorporation specialists to be licensed. No state bars convicted felons from forming, selling or representing companies, including people found guilty of tax evasion and other white-collar crimes. In the U.S., white-collar felons are usually deemed to have paid their debt to society and are free to remake their careers after serving their time.

NEVADA FIRST … When authorities try to curb the business activities of people with a felony record, they sometimes face roadblocks.

In December 1998, Wayne Andre McMiniment pleaded guilty to wire fraud and was sentenced to 52 months in prison and three years of supervised release, and ordered to refund $1.9 million to clients. In addition to stealing from clients, he helped them evade taxes by creating Nevada shell companies with offshore bank accounts, according to an indictment filed in U.S. District Court in Nevada. McMiniment served three years in a Las Vegas prison.

As part of his probation, the court prohibited McMiniment from "engaging in employment, consulting or any association with any business which acts as an officer, an agent, or nominee director of any corporate entity or business during the period of supervision."

But prosecutors assert that shortly after his release, McMiniment returned to oversee operations at Nevada First Holdings, an incorporation service headquartered a mile from the Las Vegas Strip.

In October 2003, prosecutors alleged that McMiniment may be using Nevada First Holdings "to engage in the same criminal activities for which he was convicted," and asked that the court bar him from involvement in the company, according to court records in the case. Judge Philip M. Pro of U.S. District Court in Nevada denied the request. The judge’s order is sealed; it couldn’t be determined why the request was turned down.

Nevada First Holding’s license was revoked last year for failure to file an annual list of officers, according to the Nevada Secretary of State’s office. But the company remains in business.

McMiniment confirmed in an email that Nevada First still provides incorporation and mail-forwarding services. The company is promoting the sale of Nevada corporations and a sophisticated variety of shell company, known as shelf corporations, which can have years of tax filings and other records behind them.

His company has formed or represented 1,170 corporations in Nevada. Of those, 103 are still active, Nevada records show.

A number of clients have run into tax trouble. Nevada First Holdings keeps an address at 1117 Desert Lane in Las Vegas. A review of tax liens and judgments filed against companies registered there found that more than 40 have been subject to demands for payment of more than $1.5 million from state and federal tax collectors and creditors in the past six years. The IRS filed a tax lien for $15,835 against McMiniment last year, and four worth more than $48,000 against Nevada First Holdings since 2008.

The IRS declined to comment.    McMiniment says he runs a legitimate consultancy. "NFH is one of the smallest incorporation companies in Nevada and it has proven to never have violated any laws in the state or its clients," he said in an email. "My personal pleading of wire fraud had nothing to do with NFH or its clients as later ruled by Judge Pro, who gave me authorization to continue to represent NFH."

The Secretary of State’s office said that if Nevada First Holdings is proven to be still doing business after having its license revoked, the state may pursue civil penalties.

‘OFFSHORE ADVANTAGE’    Until asked about the company’s past, the Secretary of State’s office was unaware of the criminal records of Aaron Young and Lee Morgan, two top executives of incorporation specialist Laughlin Associates.

According to a June 2003 indictment filed in U.S. District Court for the District of Oregon, Young and Morgan helped dozens of people evade U.S. taxes in a scheme led by their mentor, Terry L. Neal, author of a tax-minimization handbook called “The Offshore Advantage.” The trio set up domestic and offshore shell companies to hide income, and then helped clients who controlled the firms file false tax returns, the indictment alleged.

Neal, Young and Morgan provided a smorgasbord of tax-evasion services. These included “income stripping,” the indictment said, in which clients billed fake companies for consulting services that later were falsely deducted as business expenses on tax returns. There were false mortgage loans and fake insurance policies, used to reduce reportable income on tax filings. Clients could park tax-evaded funds in offshore brokerage accounts or group bank accounts, and withdraw money with credit cards tied to offshore banks, the indictment alleged.

Young was indicted on seven counts of tax fraud and conspiracy for allegedly helping clients evade U.S. taxes by hiding assets behind hundreds of shell companies in Nevada and the Caribbean, according to federal court records in Oregon. Morgan was indicted on 12 counts.

“The corporations had no employees, no business premises, and conducted no business,” prosecutors wrote in the indictment.

A year later, Young and Morgan each pleaded guilty to assisting or filing a false tax return. Both served 14 months in prison. Neal, the ringleader, was sentenced to six years.

Neal and Morgan did not respond to requests for comment. Young says he was a bit player in the fraud, and attributes his conviction to “naiveté.”

Today, Young says, Laughlin Associates is “clean as a whistle.” A number of his clients, however, have run into trouble.

Laughlin’s headquarters is located at 2533 North Carson Street in Carson City. A review of tax liens and civil judgments issued in the past 10 years against companies registered at the address found that more than 230 have been the subject of demands from government agencies and other creditors for payment of more than $13.3 million in allegedly outstanding taxes and debts. Some 120 of the liens and judgments have been issued since Young’s release from prison.

Young says the companies hit with tax liens and civil judgments represent only about 2 percent of the 10,000 firms Laughlin has represented in the last 10 years.

The review also identified a publicly traded shell company represented by Laughlin Associates whose shares were targeted in an alleged stock-manipulation scheme.

Laughlin is the registered agent for a New Jersey-based company listed on the over-the-counter market called Euro Solar Parks, according to Nevada state records. Euro Solar describes itself as a builder and operator of solar-energy plants in Europe.

Euro Solar has the hallmarks of a shell company, with few apparent real operations. In its most recent filing with the Securities and Exchange Commission, it reported generating no revenue in the past two years and having assets of just $16,618 as of June. A call to a phone number listed for Euro Solar’s headquarters was answered by a man who said he had no affiliation with the company. The chief executive couldn’t be reached.

In March, federal prosecutors in the Eastern District of New York indicted two stock promoters for attempting to illegally manipulate Euro Solar’s share price. Between February and March of this year, stock promoters Joseph Catapano and Michael Piervinanzi offered an undercover government agent a 30 percent commission to buy, along with other brokers, 3 million shares of Euro Solar and hold the stock at least six months.

Catapano and Piervinanzi, without admitting or denying the allegations, were permanently barred from penny-stock transactions in July and fined an amount to be determined. The Justice Department withdrew criminal charges in September, with the right to refile them later.

Attorneys for Piervinanzi and Catapano said their clients were not available for comment.

Young said authorities hadn’t contacted his firm about the case. “I have no idea what clients do with the corporations they have us form for them,” he said.

The tax-evasion operation of Aaron Young and his associates drew the attention of Senate investigators back in 2006. The Senate’s Permanent Subcommittee for Investigations documented their operation in detail in a report called “Tax Haven Abuses: The Enablers, The Tools and Secrecy”.

Asked if Senate investigators knew Young was back in the incorporation business, a senior staff member involved in preparing the report replied in an email: “Nope. Unbelievable.”

… Hello … what do we expect … we allow Congress and the President to have  “off-books”  BLACK OPT$ & WAR$ … yet  we have some expectation that “corporate” will be honest …  Get real …