Dirty Rotten Countess: A Rollicking Tale of Fraud

My pal Bill Singer (of brokerandbroker.com) has an amazing story on his Forbes blog that must be read to be believed.

It involves one of the most brazen stolen identity frauds I’ve ever heard about.  Essentially, the grifters involved have pretended to be related to the Guggenheim Family’s investment interests.  They were raising money from unsuspecting investors for all sorts of nonsense before being nailed…

The allegedly bogus investment opportunities promoted by the Defendants included:

• the sale of $1 billion in diamonds from “the private collection of the Guggenheim family”;

• the offering by “Messrs. Guggenheim” of multibillion dollar “cash-backed Bank Guarantees” through a number of European banks;

• a venture to distribute vodka with The Coca-Cola Company; and

• a $4 billion transaction involving the purchase of crude oil for a refinery in China that was supposedly owned by the Guggenheim family.

Initially, the Guggenheims sued in civil court to have their names removed from the scam.  But now it’s become a criminal matter as the Feds want to know more, a lot more.

Run, don’t walk to hear the story as only Bill Singer tells it.


Countess Toumei, the Guggenheims, and the Sex Trade (Forbes)

This content, which contains security-related opinions and/or information, is provided for informational purposes only and should not be relied upon in any manner as professional advice, or an endorsement of any practices, products or services. There can be no guarantees or assurances that the views expressed here will be applicable for any particular facts or circumstances, and should not be relied upon in any manner. You should consult your own advisers as to legal, business, tax, and other related matters concerning any investment.

The commentary in this “post” (including any related blog, podcasts, videos, and social media) reflects the personal opinions, viewpoints, and analyses of the Ritholtz Wealth Management employees providing such comments, and should not be regarded the views of Ritholtz Wealth Management LLC. or its respective affiliates or as a description of advisory services provided by Ritholtz Wealth Management or performance returns of any Ritholtz Wealth Management Investments client.

References to any securities or digital assets, or performance data, are for illustrative purposes only and do not constitute an investment recommendation or offer to provide investment advisory services. Charts and graphs provided within are for informational purposes solely and should not be relied upon when making any investment decision. Past performance is not indicative of future results. The content speaks only as of the date indicated. Any projections, estimates, forecasts, targets, prospects, and/or opinions expressed in these materials are subject to change without notice and may differ or be contrary to opinions expressed by others.

Wealthcast Media, an affiliate of Ritholtz Wealth Management, receives payment from various entities for advertisements in affiliated podcasts, blogs and emails. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. Investments in securities involve the risk of loss. For additional advertisement disclaimers see here: https://www.ritholtzwealth.com/advertising-disclaimers

Please see disclosures here.

What's been said:

Discussions found on the web
  1. PI News Wire commented on Sep 22

    … [Trackback]

    […] There you can find 2336 more Info to that Topic: thereformedbroker.com/2011/02/06/dirty-rotten-countess-a-rollicking-tale-of-fraud/ […]

  2. jasmine sex dolls commented on Sep 25

    … [Trackback]

    […] Find More to that Topic: thereformedbroker.com/2011/02/06/dirty-rotten-countess-a-rollicking-tale-of-fraud/ […]

  3. Bitcoin Era Review commented on Sep 28

    … [Trackback]

    […] Read More to that Topic: thereformedbroker.com/2011/02/06/dirty-rotten-countess-a-rollicking-tale-of-fraud/ […]

  4. immediate edge reviews commented on Oct 01

    … [Trackback]

    […] Read More Information here to that Topic: thereformedbroker.com/2011/02/06/dirty-rotten-countess-a-rollicking-tale-of-fraud/ […]

  5. 먹튀검증 commented on Nov 07

    … [Trackback]

    […] Here you can find 84529 additional Info on that Topic: thereformedbroker.com/2011/02/06/dirty-rotten-countess-a-rollicking-tale-of-fraud/ […]

  6. Ergobag Schulrucksack commented on Nov 09

    … [Trackback]

    […] There you will find 53014 more Information to that Topic: thereformedbroker.com/2011/02/06/dirty-rotten-countess-a-rollicking-tale-of-fraud/ […]

  7. Best Reputation Management Services commented on Nov 23

    … [Trackback]

    […] Find More on that Topic: thereformedbroker.com/2011/02/06/dirty-rotten-countess-a-rollicking-tale-of-fraud/ […]

  8. online td banking commented on Dec 13

    … [Trackback]

    […] Info on that Topic: thereformedbroker.com/2011/02/06/dirty-rotten-countess-a-rollicking-tale-of-fraud/ […]