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  1. Link to Post #381
    United States Avalon Member onawah's Avatar
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    Default Re: BREAKING NEWS ~ Continuously Updated

    Another good source of regular breaking news updates here:
    https://www.youtube.com/channel/UCXu...1m4VxZJ3wcDyxA
    Such as:
    Confirmed: Hunter Biden is Officially Under Federal Investigation; Laptop Statement (and more)
    30,592 views
    4/7/21
    8.6K
    Facts Matter with Roman Balmakov
    528K subscribers

    "Hunter Biden just published a new book. He is currently on tour doing interviews to promote it - and during one of these interviews, he acknowledged that the infamous laptop could be his (although he said that it also might’ve been hacked by Russians)."
    Each breath a gift...
    _____________

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  3. Link to Post #382
    United States Avalon Member iota's Avatar
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    Default Re: BREAKING NEWS ~ Continuously Updated

    i don't even know what to make of this ...

    TSA shares video showing how to fly without an id just in time for
    the mass illegal migrant seeding of red cities and states



    "For years the Transportation Security Administration (TSA) and Department of Homeland Security (DHS) officials and their state government collaborators, have been repeating the big lie that all airline passengers must have government-issued ID credentials. That lie has been included in TSA and DHS press releases, airport signage, and Tweets from the official DHS and TSA accounts.
    This public relations lie has been disclaimed, over and over, in TSA and DHS court filings and sworn testimony. But now it has been contradicted on the TSA’s official Twitter feed.

    Tonight the TSA Tweeted a video showing some of the ways you can fly without “acceptable” ID or without any ID at all.

    If the TSA deems your ID “unacceptable”, you can still fly if you can show two or more pieces of suitable (according to the TSA’s secret non-rules) although “unacceptable” ID.

    The TSA video also shows that even if you have no ID at all, you can fly if your answers to questions relayed by phone by the TSA’s ID Verification Call Center match the information in the (secret) file of information that has been linked to you by the commercial data aggregator Accurint (originally part of the discredited “Total Information Awareness” program but now a division of Lexis-Nexis).

    No ID at all, much less “acceptable” ID, is actually required to fly. So changes in REAL-ID Act regulations or TSA/DHS orders to airlines as to what ID is “acceptable” are irrelevant to whether you have right to fly without ID. Nothing in the REAL-ID Act negates this right.

    In the screengrab above (one minute in), the video) shows a traveler filling out a copy of TSA Form 415, “Certification of Identity”. The TSA has been using versions of this form illegally since at least 2008, without ever having obtained the approval from the Office of Management and Budget (OMB) required before any collection of information such as this by a Federal agency. The TSA has twice said it intends to seek approval from OMB for Form 415. But in the face of our objections, the TSA has yet to request, much less obtain, that approval. It’s unclear whether when the TSA will actually do so.

    To avoid having to give public notice of its planned information collection or respond to our objections, the TSA tried to get Congress to enact a special airport exception from the Paperwork Reduction Act (PRA). But Congress declined to do so. It’s unclear whether and if so when the TSA will actually apply to OMB for the required approval, or what additional illegal actions it may try to take in the meantime.

    All use of both Form 415 and the associated questioning of travelers continues to be in violation of the PRA. As we noted in 2008 when the TSA first started asking travelers to fill out the form later labeled Form 415, the PRA provides an absolute defense against any sanctions the TSA might try to impose for refusing to fill out this unapproved form or cooperate with the TSA’s “20 questions” game of ID verification security theater.

    Travelers can and should say no. Fly without ID, and exercise your right to remain silent."

    source: https://www.blacklistednews.com/arti...y-without.html

    so there you have it ... the latest out of TSA
    Last edited by iota; 9th April 2021 at 18:11.
    The world awaits those who speak from their soul ... <3

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  5. Link to Post #383
    United States Avalon Member iota's Avatar
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    Default Re: BREAKING NEWS ~ Continuously Updated

    this came out today and is important to share ...



    Click image for larger version

Name:	use dudkduckgo to block FloC.png
Views:	6
Size:	144.1 KB
ID:	46540



    Use the DuckDuckGo Extension to Block FLoC,
    Google’s New Tracking Method in Chrome

    9 Apr 2021

    • Google has created a new tracking method called FLoC, put it in Chrome, and automatically turned it on for millions of users.
    • FLoC is bad for privacy: It puts you in a group based on your browsing history, and any website can get that group FLoC ID to target and fingerprint you.
    • You can use the DuckDuckGo Chrome extension (pending Chrome Web Store's approval of our update) to block FLoC's tracking, which is an enhancement to its tracker blocking and directly in line with the extension's single purpose of protecting your privacy holistically as you use Chrome.
    • DuckDuckGo Search (via our website duckduckgo.com) is now also configured to opt-out of FLoC, regardless if you use our extension or app.
    https://spreadprivacy.com/block-floc-with-duckduckgo/

    What just happened?


    If you're a Google Chrome user, you might be surprised to learn that you could have been entered automatically into Google's new tracking method called Federated Learning of Cohorts (FLoC). It groups you based on your interests and demographics, derived from your browsing history, to enable creepy advertising and other content targeting without third-party cookies. After a short trial period, Google decided not to make this new tracking method a user choice and instead started automatically including millions in the scheme. If you're reading this in Chrome while logged in to a Google account, yes, that likely means you too, and if not now, then eventually.

    As a user, what can I do to avoid this?

    The criteria for being opted into FLoC are somewhat hidden and conflicting, but there are three methods for blocking FLoC:

    Don't use Google Chrome!

    Right now FLoC is only in Google Chrome, and no other browser vendor has expressed an intention or even interest to implement it. There are various browsers that are free to download, and we recommend some in our guide to Google alternatives. On iOS or Android we suggest you use our own mobile browser, which offers best-in-class privacy protection by default when searching and browsing.

    Install the DuckDuckGo Chrome extension.

    In response to Google automatically turning on FLoC, we've enhanced the tracker blocking in our Chrome extension to also block FLoC interactions on websites. This is directly in line with the single purpose of our extension of protecting your privacy holistically as you use your browser. It’s privacy, simplified. (If you use a non-Chrome browser, you can get our extension here.) At the time of writing, we're waiting for Google to approve our updated Chrome extension, and the update should appear in the Chrome Web Store soon. The FLoC blocking feature is included in version 2021.4.8 and newer of the DuckDuckGo extension, which should auto-update, though you can also check the version you have installed from the extensions list within Chrome.

    Change your Chrome and/or Google settings, which we recommend you do in any case if you continue to use Chrome. It seems (but Google isn't very clear about this so we aren't certain) that if you perform any of the following, then Google will exclude you from FLoC, at least for the time being. And as there are still many unknowns and things are changing rapidly, the effectiveness of these steps may change in future.

    Stay logged out of your Google account;

    Don't sync your history data with Chrome, or create a sync passphrase;
    In Google Activity Controls, disable “Web & App Activity” or “Include Chrome history and activity from sites, apps, and devices that use Google services;”
    In Google Ad Settings disable “Ad Personalization” or “Also use your activity & information from Google services to personalize ads on websites and apps that partner with Google to show ads.”

    Note that even if you change these settings, we also recommend installing the DuckDuckGo Chrome extension to get holistic privacy protection when using Chrome, including private search, tracker blocking, Smarter Encryption, and Global Privacy Control. For non-Chrome desktop browsers, you can get our extension here.

    So, what is FLoC anyway?

    With browsers dropping support for third-party cookies, FLoC is Google's approach for replacing them. It's being developed in the open and is claimed by Google to be good for privacy. However, it has received widespread criticism from privacy experts, including from EFF who say it's a "terrible idea" and implored Google "please don't do this." We agree with their assessment, and, in a world where it does exist, it should be explicitly opt-in for users (free of dark patterns). In addition, while Google isn’t phasing out third-party cookies in Chrome until at least 2023, FLoC is already live today in 2021.

    What are some of those privacy concerns with FLoC?

    With FLoC, by simply browsing the web, you are automatically placed into a group based on your browsing history (“cohort”). Websites you visit will immediately be able to access this group FLoC ID and use it to target ads or content at you. It's like walking into a store where they already know all about you! In addition, while FLoC is purported to be more private because it is a group, combined with your IP address (which also gets automatically sent to websites) you can continue to be tracked easily as an individual.

    Google itself maintains detailed profiles of users, built up over time from what they've learned about users (including through passive trackers lurking on most websites), but with FLoC they're now exposing your derived interests and demographics from this profile to the websites you visit via FLoC IDs. Although the cohorts you belong to over time are non-descriptive and represented by an anonymous-looking number, it won't be long before people or organizations work out what FLoC IDs really mean, e.g. what interests and demographic information they are likely correlated with.

    But don't just take it from us. Google itself has said this new approach is at least 95% as effective as third-party cookie tracking, continuing the ability to target people based on age, gender, ethnicity, income, and many other factors. This targeting, regardless of how it's done, enables manipulation, discrimination, and filter bubbles that many people would like to avoid.

    Please also note that FLoC IDs will also be accessible by third-party trackers lurking on websites. As we’ve explained recently, to protect yourself from these trackers, you need to stop them from loading in your browser, which is also accomplished by the DuckDuckGo extension and app.

    As a website owner, what can I do to avoid this?

    Websites can take steps to protect the privacy of their users by opting out of FLoC, which would be applicable to all their visitors. It's done by simply sending the following Permissions-Policy HTTP response header:

    Permissions-Policy: interest-cohort=()

    Some publishers like The Markup and The Guardian have already done so, as have we at DuckDuckGo Search, and we encourage others to follow.

    source here
    The world awaits those who speak from their soul ... <3

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  7. Link to Post #384
    United States Avalon Member onawah's Avatar
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    Default Re: BREAKING NEWS ~ Continuously Updated

    Judicial Watch is not only a good source of breaking news in the US, but also works hard to keep the government honest (though is largely unsuccessful, given the amount of corruption).
    Here is the latest update from them:
    https://www.youtube.com/watch?v=ZCjL9djDvnc
    Also posted here: https://projectavalon.net/forum4/sho...=1#post1421273
    Each breath a gift...
    _____________

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  9. Link to Post #385
    United States Avalon Member onawah's Avatar
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    Default Re: BREAKING NEWS ~ Continuously Updated

    Tucker: Canada sending COVID positive travelers to 'internment' facilities
    ( Coming soon to your country?)
    1,156,029 views•Mar 31, 2021
    36K
    Fox News
    7.06M subscribers
    "Tucker Carlson Tonight' host questions whether America would take the same route if Dr. Fauci suggested it. "
    https://www.youtube.com/watch?v=QDIfFb5z7eQ
    Each breath a gift...
    _____________

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  11. Link to Post #386
    Avalon Member Jill's Avatar
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    Default Re: BREAKING NEWS ~ Continuously Updated

    Quote Posted by onawah (here)
    Tucker: Canada sending COVID positive travelers to 'internment' facilities
    ( Coming soon to your country?)
    1,156,029 views•Mar 31, 2021
    36K
    Fox News
    7.06M subscribers
    "Tucker Carlson Tonight' host questions whether America would take the same route if Dr. Fauci suggested it. "
    https://www.youtube.com/watch?v=QDIfFb5z7eQ
    This has been happening for several months - there have been testimonials over these months of "quarantine camps" (Radisson Hotels) that are set up for Canadian travellers returning to Canada and, from what I understtand, they are pretty much in every province now. Even when the "Govt" proclaimed that all Canadian travellers would only need a negative PCR test (with a specified time period - can't remember exactly the allotted time), they were surprised on disembarking to find this not to be true as they were taken to the "camp" by shuttle bus and basically imprisoned inside bubble wrapped walls for a period of days and then presented with an over the top bill in the thousands to be paid to the CCP (who I understand now own this chain of hotels). Just keeps getting sicker and as much as I want to tune out from all this dark, ominous news, I still feel a need to keep myself a bit in the loop and just ahead (maybe) of what's coming our way. Very unsettling to think about where we will all be by the end of the year.

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  13. Link to Post #387
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    Default Re: BREAKING NEWS ~ Continuously Updated

    This news is a few days old but shows how Canada is moving right along with its agenda. Holy Duck is Right!! (From Carrie Kohan page):
    https://www.facebook.com/carriekohan...59939687339434

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    Default Re: BREAKING NEWS ~ Continuously Updated

    Quote Posted by Jill (here)
    This news is a few days old but shows how Canada is moving right along with its agenda. Holy Duck is Right!! (From Carrie Kohan page):
    https://www.facebook.com/carriekohan...59939687339434
    I had to listen to him quite a few times because I couldn't believe what I was hearing.

    Quote from Doug Ford who is the Ontario Prime Minister...

    Quote; "So, we're focusing on those areas now because we have the vaccine. Literally, knocking on doors to pull people down in the high priority neighbourhoods. So we're really having a targeted approach." end quote.

    I do not know what the high priority neighbourhoods are - he doesn't say.

    He said this in some sort of press conference.

    If this starts to happen in the manner he says it is, I expect that will be a major turning point in how the public handles things themselves and reacts.

    Canadians are known as being passive and polite. So are bee hives and bears until you poke at them.
    Last edited by Patient; 11th April 2021 at 04:00.

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  17. Link to Post #389
    Australia Avalon Member Constance's Avatar
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    Default Re: BREAKING NEWS ~ Continuously Updated

    Quote Posted by Patient (here)
    Quote Posted by Jill (here)
    This news is a few days old but shows how Canada is moving right along with its agenda. Holy Duck is Right!! (From Carrie Kohan page):
    https://www.facebook.com/carriekohan...59939687339434
    I had to listen to him quite a few times because I couldn't believe what I was hearing.

    Quote from Doug Ford who is the Ontario Prime Minister...

    Quote; "So, we're focusing on those areas now because we have the vaccine. Literally, knocking on doors to pull people down in the high priority neighbourhoods. So we're really having a targeted approach." end quote.

    I do not know what the high priority neighbourhoods are - he doesn't say.

    He said this in some sort of press conference.

    If this starts to happen in the manner he says it is, I expect that will be a major turning point in how the public handles things themselves and reacts.

    Canadians are known as being passive and polite. So are bee hives and bears until you poke at them.
    This is the source Patient.... starting at 22.06


    Ontario issuing stay-at-home order, declares 3rd state of emergency amid COVID-19 pandemic | FULL

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  19. Link to Post #390
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    Default Re: BREAKING NEWS ~ Continuously Updated

    From David Icke news

    A 92-year-old concentration camp survivor urges a crowd in Canada not to obey.
    A powerful short speech evoking a very emotional reaction.
    Please watch:

    https://davidicke.com/2021/04/10/92-...r-do-not-obey/

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  21. Link to Post #391
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    Default Re: BREAKING NEWS ~ Continuously Updated

    Quote Posted by Constance (here)
    Quote Posted by Patient (here)
    Quote Posted by Jill (here)
    This news is a few days old but shows how Canada is moving right along with its agenda. Holy Duck is Right!! (From Carrie Kohan page):
    https://www.facebook.com/carriekohan...59939687339434
    I had to listen to him quite a few times because I couldn't believe what I was hearing.

    Quote from Doug Ford who is the Ontario Prime Minister...

    Quote; "So, we're focusing on those areas now because we have the vaccine. Literally, knocking on doors to pull people down in the high priority neighbourhoods. So we're really having a targeted approach." end quote.

    I do not know what the high priority neighbourhoods are - he doesn't say.

    He said this in some sort of press conference.

    If this starts to happen in the manner he says it is, I expect that will be a major turning point in how the public handles things themselves and reacts.

    Canadians are known as being passive and polite. So are bee hives and bears until you poke at them.
    This is the source Patient.... starting at 22.06


    Ontario issuing stay-at-home order, declares 3rd state of emergency amid COVID-19 pandemic | FULL
    It's kind of hard to that's not from some dystopian scifi movie.
    It's worth your time to watch

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    Default Re: BREAKING NEWS ~ Continuously Updated

    Canadian freedom rally, police chased away:


    Source: https://www.bitchute.com/embed/xnWfeNxKzJaU/

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    Default Re: BREAKING NEWS ~ Continuously Updated

    Federal Reserve Announce World Government Plan as Vaccine Deaths Explode Globally - FULL SHOW 4/9/21

    https://www.bitchute.com/video/Dc7xP9Kf4wmA/
    Be kind to all life, including your own, no matter what!!

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    Default Re: BREAKING NEWS ~ Continuously Updated

    Quote Posted by Blastolabs (here)
    Quote Posted by Constance (here)
    Quote Posted by Patient (here)
    Quote Posted by Jill (here)
    This news is a few days old but shows how Canada is moving right along with its agenda. Holy Duck is Right!! (From Carrie Kohan page):
    https://www.facebook.com/carriekohan...59939687339434
    I had to listen to him quite a few times because I couldn't believe what I was hearing.

    Quote from Doug Ford who is the Ontario Prime Minister...

    Quote; "So, we're focusing on those areas now because we have the vaccine. Literally, knocking on doors to pull people down in the high priority neighbourhoods. So we're really having a targeted approach." end quote.

    I do not know what the high priority neighbourhoods are - he doesn't say.

    He said this in some sort of press conference.

    If this starts to happen in the manner he says it is, I expect that will be a major turning point in how the public handles things themselves and reacts.

    Canadians are known as being passive and polite. So are bee hives and bears until you poke at them.
    This is the source Patient.... starting at 22.06


    Ontario issuing stay-at-home order, declares 3rd state of emergency amid COVID-19 pandemic | FULL
    It's kind of hard to that's not from some dystopian scifi movie.
    It's worth your time to watch
    I agree - it is so hard to watch and listen to this crap. "...the third wave.." I wonder when they are going to change the name? I am not sure that they are aware that we deal with new colds and flues every year and have been for as long as I have been alive.

    They better keep track of these new waves and look at the history - just a short history - of those who now are being counted as having a new variant of covid-19. I am sure that they will find the majority of those people will be the ones who received the so called "vaccine".

    A close friend surprised us by getting the vaccine. We have known this person for 6-7 years and they have always been very healthy. They said themselves that they never get sic. Now, 3-4 weeks after getting the vaccine they now have covid-19. (Of course, the test result could be wrong.) But I suspect that the new waves will easily be tracked to those who go and get the vaccine.

    The Ontario government (and I would bet that other governments are doing the same) are saying that their target group for the vaccine are teachers and front line workers? Why would they do that? Think about that for a second - these people have been working all this time and are still doing their job because they are not sic. Now, if they can getthe teachers sic, they can shut down the schools again. If they get hospital staff sic they can spin stories about how bad things are in the hospitals.


    Rebel News needs a new Reporter crew and call them "The Obvious Crew". They can do news stories to remind people of the simple things that so many have forgotten - such as "If you restrict air flow to a person, they could get brain damage." Our brains use about 20% of the oxygen that our bodies take in. If the oxygen flow is impeded by continually using masks, imagine what our near future might look like.

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    Default Re: BREAKING NEWS ~ Continuously Updated




    Quote Posted by Icare (here)
    From David Icke news

    A 92-year-old concentration camp survivor urges a crowd in Canada not to obey.
    A powerful short speech evoking a very emotional reaction.
    Please watch:

    https://davidicke.com/2021/04/10/92-...r-do-not-obey/

    i wondered WHY it was SO important that my life literally STOP to promote, teach and do seminars to AS many people as possible towards being FULLY Self Empowered for the last 10 yrs ...

    i "got" the importance, what i didn't "get" was the "urgency" ... and that is exactly how it occurred ~ AS URGENT

    now i see THIS was coming

    and so .... there are people that will hear what the agenda is and OBEY ~ COMPLY

    and there are those of us who will NOT

    the ENTIRE plan crumbles WITHOUT compliance

    even as a child reading of what was done i marveled at thousands being herded by a few with guns ...

    i thought ... "just 3 or 4 per armed guard could have saved the other thousands ... what is it that immobilizes, paralyses people into NON ACTION and instant COMPLIANCE?"

    laws or not? crumbling the system is THIS simple


    Click image for larger version

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    there are a TRILLION different ways to "JUST SAY NO!"

    we've all heard that "laws are for the lawful" > or should we say the "obedient" ..
    this actually is true ..

    they are WHOLLY dependent on:

    OUR Cooperation
    OUR Compliance
    OUR Obedience ....

    let's not

    Last edited by iota; 12th April 2021 at 07:57.
    The world awaits those who speak from their soul ... <3

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  31. Link to Post #396
    Australia Avalon Member Constance's Avatar
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    Default Re: BREAKING NEWS ~ Continuously Updated

    Quote Posted by iota (here)


    Quote Posted by Icare (here)
    From David Icke news

    A 92-year-old concentration camp survivor urges a crowd in Canada not to obey.
    A powerful short speech evoking a very emotional reaction.
    Please watch:

    https://davidicke.com/2021/04/10/92-...r-do-not-obey/

    i wondered WHY it was SO important that my life literally STOP to promote, teach and do seminars to AS many people as possible towards being FULLY Self Empowered

    i "got" the importance, what i didn't "get" was the "urgency" ... and that is exactly how it occurred ~ AS URGENT

    now i see THIS was coming

    and so .... there are people that will hear what the agenda is and OBEY ~ COMPLY

    and there are those of us who will NOT

    the ENTIRE plan crumbles WITHOUT compliance

    even as a child reading of what was done i marveled at thousands being herded by a few with guns ...

    i thought ... "just 3 or 4 per armed guard could have saved the other thousands ... what is it that immobilizes, paralyses people into NON ACTION and instant COMPLIANCE?"

    laws or not? crumbling the system is THIS simple



    there are a TRILLION different ways to "JUST SAY NO!"

    we've all heard that "laws are for the lawful" > or should we say the "obedient" ..
    this actually is true ..

    they are WHOLLY dependent on:

    OUR Cooperation
    OUR Compliance
    OUR Obedience ....

    let's not
    That's right. If those us who were awake and aware were to stop what we were doing, withdrew all of our energies from the system, found a common truth and a common purpose that united us all, and then headed in that direction, and that direction alone, it would be a good start. We could create a new paradigm that runs alongside the old one until the old one has been absorbed.

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    Germany Avalon Member Icare's Avatar
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    Default Re: BREAKING NEWS ~ Continuously Updated

    There's an Ebola outbreak in Guinea, 23 cases thus far.

    https://www.contagionlive.com/view/e...ica-early-2021

    There have also been some cases in the Kongo.

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  35. Link to Post #398
    United States Avalon Member iota's Avatar
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    Default Re: BREAKING NEWS ~ Continuously Updated


    Bernie Madoff, Financier Behind Notorious Ponzi Scheme, Dies At 82

    April 14, 202110:06 AM ET

    NPR reports:

    "Bernie Madoff, the financier who orchestrated one of the largest Ponzi schemes in history, has died. He was 82.

    He died Wednesday at the Federal Medical Center in Butner, N.C., the Federal Bureau of Prisons confirmed, and had been serving out a 150-year sentence.

    As a money manager, Madoff defrauded thousands of investors out of tens of billions of dollars. The former NASDAQ chairman pleaded guilty to 11 criminal counts in 2009 at the age of 71.

    His lawyer had filed a motion for compassionate release in February 2020, saying Madoff was suffering from end-stage renal disease and other chronic medical conditions with a life expectancy of less than 18 months."

    source here


    From CFI (Corporate Financial Institute):

    Who is Bernie Madoff?

    Bernie Madoff, a well-known Wall Street investment advisor, became world-famous for operating possibly the largest Ponzi scheme in history. When investigators for the FBI and the SEC finally uncovered the massive fraud in 2008, losses by Madoff’s investors were estimated at more than $50 billion over the course of nearly 20 years.

    Madoff was effectively given a life sentence – 150 years – and his brother, Peter, who also worked for Bernard L. Madoff Investment Securities LLC, received a prison sentence of 10 years. Madoff was also ordered to pay nearly $200 billion in restitution, but that order from the court was essentially meaningless, as Madoff’s assets at that time couldn’t begin to cover the amount.

    Summary
    • Bernie Madoff is famous for operating probably the largest Ponzi scheme in history.
    • It’s estimated that Madoff’s fraud extended for more than 20 years and ran to over $50 billion.
    • Madoff was arrested in 2008 and eventually sentenced to 150 years in prison.

    The History of Bernie Madoff
    Bernie Madoff began his Wall Street career in the early 1960s as a trader in penny stock. Eventually, he formed the business, Bernard L. Madoff Investment Securities LLC, that would go on to become one of the largest penny stock brokerage and wealth management firms.

    Madoff was a true entrepreneur

    (their words not mine) – the computer trading software program developed by the investment advisor and his brother, Peter – was eventually adopted by the NASDAQ trading exchange and laid the foundation for much of the electronic trading systems that are commonplace now. In fact, Madoff served as chairman of the NASDAQ exchange in 1990.

    Ironically, in light of Madoff’s eventual fate, he was so well-respected on Wall Street that he also served for a time as the chairman of the board of directors of the National Association of Securities Dealers (NASD) – a privately operated regulatory firm for the securities industry. Other members of his family also occupied prominent positions in industry organizations, such as the Securities Industry and Financial Markets Association (SIFMA).

    Madoff’s brokerage firm was, by the 1990s, processing 10%-15% of all the trading orders for the New York Stock Exchange (NYSE). Madoff was also known for being a philanthropist to several charity organizations and a major contributor to candidates of the Democrat Party in the United States. However, some of his victims included non-profit charities that previously invested huge sums with his firm.


    Bernie Madoff – The Ponzi Scheme

    One of the most puzzling aspects of the Bernie Madoff case is the question of why he ever committed the fraud. Madoff’s legitimate brokerage business was wildly successful, making him and his family extremely wealthy. He certainly had no financial need to bilk thousands of clients out of billions of dollars.

    Madoff’s Ponzi scheme was operated through the wealth management portion of his business. It was a classic – and, in fact, frighteningly simple – Ponzi scheme. Madoff attracted investors by promising them extraordinarily high returns on their investments. However, when investors handed over the money, Madoff just deposited it into his personal bank account at Chase Manhattan Bank. He paid “returns” to earlier investors using the money obtained from later investors. Clients’ trading statements, showing their alleged profits, were complete fabrications.

    Things fell apart in 2008 when a large number of investors wanted to cash out their investments – to the tune of around $7 billion. Madoff didn’t have anywhere near enough money to cover the requested withdrawals. According to Madoff, at that time, he could only manage to come up with a couple of hundred million.

    Two other unsolved riddles around Madoff’s Ponzi scheme were when it began and how it managed to go undetected for so many years. Some former Madoff employees claimed the scam extended as far back as the 1970s. Madoff himself maintained that it didn’t begin until the 1990s. Estimates from other sources fall somewhere in between on the timeline.

    It’s downright astonishing that Madoff managed to keep the scheme undiscovered for as long as he did. As far back as 1992, individuals had urged the Securities and Exchange Commission to investigate Madoff’s business practices, and the agency had done so on numerous occasions but had failed to detect the massive fraud. Madoff was widely distrusted by many Wall Street firms – several of which refused to do any trading with him. Nonetheless, Madoff was able to operate his massive Ponzi scheme without detection for at least a couple of decades.

    The Aftermath

    Bernie Madoff was arrested in 2008 and eventually sentenced to a 150-year prison term in 2009. The United States government ended up offering to pay out more than $700 million to defrauded Madoff investors, but that amount paled in comparison to the billions upon billions of dollars that investors had been scammed out of. However, it is true that some of Madoff’s earliest investors did manage to recover their full investment amount plus a hefty profit."

    article here:
    https://corporatefinanceinstitute.co...bernie-madoff/

    (many report remembering his death shortly after his initial incarceration)
    The world awaits those who speak from their soul ... <3

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    UK Avalon Member avid's Avatar
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    Default Re: BREAKING NEWS ~ Continuously Updated

    Hopefully this is a proper demise, not another faked ‘umbrella death’, such as Weinstein, et al...
    People surely eventually die, despite fake substances/substantiations... all these olde famous folk have to ‘kick the bucket’ eventually. Good riddance...
    The love you withhold is the pain that you carry
    and er..
    "Chariots of the Globs" (apols to Fat Freddy's Cat)

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    UK Avalon Member Brigantia's Avatar
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    Default Re: BREAKING NEWS ~ Continuously Updated

    Quote Posted by avid (here)
    Hopefully this is a proper demise, not another faked ‘umbrella death’, such as Weinstein, et al...
    People surely eventually die, despite fake substances/substantiations... all these olde famous folk have to ‘kick the bucket’ eventually. Good riddance...
    Yes, good riddance Bernie Madeoffwithyourmoney.

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