FROM THE - CHRONICLES Of Andrei Slavenkov Netherlands – Analyst For Wanted SA ~ Contributed & Written By Kenneth Rijock ~
The Alaskan fraudster operating in anything-goes Panama Panama, Gary James Lundgren,
reeling from the publicity generated by the high-profile case against
him, filed by the Trump Organization, has begun closing down his dodgy
operations.
Lundgren,
who has obviously tired of evading all the angry investors whom he has
stopped paying an 8% per month return to, faces an uncertain future, due
to multiple investigations reportedly pending against him.
He refuses to personally meet clients, for fear that he will suffer
physical harm at the hands of clients who have threatened him; he takes
various, circuitous, routes to his office each day, and has increased
security there.
In the Republic of Panama, his securities company, an unlicensed
Panamanian branch of his US company, Interpacific Investors Services,
has been ordered closed by the Government of Panama. In the United
States, his business in Washington State is transferring all its
existing clients to a national securities firm, and closing up its
broker-dealer operations, as verified by a press release, making the
announcement, though the company receiving this business may want to
reexamine the situation.
The steep decline in new tenants, coming into Panama, due to the change
in economic activity, and the public perception of a major increase in
street crime, has resulted in a large number of vacant condominiums that
he controls, meaning that his cash flow has been severely reduced.
He has a number of civil suits pending against him in the Republic of
Panama, and some of his victims, who allege he is guilty of sexual
battery, are exploring their legal options.
Will the United States request the extradition of Mr. Lundgren,
for securities violations, or will Panama do the honors, for the
Petaquilla Mine scandal ? We cannot say, but his problems have
multiplied exponentially in 2015.
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