HAMC Flunky Charged With Stock Fraud
Greg Carr
HAMC have been connected to a stock scam.
Alleged boiler-room operator used Hells Angels connection to promote
his rock band
By David Baines, Vancouver SunJuly 13, 2011
The trial of Adis (Ady) Golic, leader of the hard-rock biker band
Skard, is slated to resume on Aug. 23 in Vancouver Provincial Court.
Golic is charged with illegally selling shares of AD Capital U.S.
Inc., which was purportedly developing new muffler technology, through
a boiler room in Burnaby. He is also charged with misrepresenting the
commercial prospects of that company.
Golic is a relative unknown in the securities market. I was able to
glean some biographical information from the Burnaby Now, which
published a feature article on him in March this year.
The Bosnian native told the newspaper that in 1994, when he was 19
years old, he was thrown into a concentration camp and imprisoned for
14 months.
He said a Canadian battalion eventually rescued him. In particular, he
recalled being helped by a Canadian soldier named Andre Lemay.
In 1995, Golic moved to Canada and settled in Burnaby. He got a job
fixing vending machines and in 2001 he formed Skard. "He's been
playing guitar for the band ever since," the newspaper reported.
Quite by accident, Golic ran into Lemay in Langley about three years
ago and renewed their friendship. When Golic learned that Lemay's
daughter had a congenital heart defect, he held a series of benefit
concerts and other fundraising initiatives.
A heartwarming story, for sure. But the article neglected to mention
two aspects of Golic's life that are not so warm and fuzzy.
One is his association with the Hells Angels. Skard's music videos and
promotional materials have a heavy biker theme. One of the band's
videos, entitled On the Highway, shows Golic on a chopper being tailed
by a police cruiser.
The video also features several Hells Angels, most notably John Bryce,
president of the East End chapter of the Hells Angels, and Vince
Brienza, a former member of the East End chapter and now a member of
the Haney chapter.
The other less-endearing aspect of Golic's life is his securities
problems.
They started in May 2008, when BCSC investigators -assisted by RCMP
officers -raided Golic's office at 6929 Royal Oak Ave. and found 10
phoners selling AD Capital stock, which traded on the lowly Pink
Sheets in the United States.
They alleged the phoners told prospective investors that AD Capital
was developing muffler technology that would reduce automobile
emissions by 97 per cent, and that the company was doing so well it
had to turn down offers of capital, and was making plans to list its
shares on the Toronto Stock Exchange.
They also alleged the phoners had "call scripts" and "call sheets"
listing the names and phone numbers of prospective investors, with
handwritten notations such as "1,000 shares booked" and "closed."
Usually, the commission takes these sorts of cases before BCSC hearing
panels, which can bar offenders from the securities market and assess
financial penalties, but cannot impose jail sentences.
In this case, BCSC enforcement staff asked Crown counsel to lay
charges under the Securities Act and take the matter to criminal
court, where jail sentences can be imposed.
The trial before Judge Joseph Galati started June 6. Crown prosecutor
Mark Canofari alleged Golic illegally raised just under $600,000.
A BCSC undercover investigator testified that she bought $1,300 worth
of AD Capital shares over the phone. She then received a return call
advising that the minimum investment was $2,000.
She said she agreed to send her "husband," who was actually a BCSC
staff member, to the office. He took along his "friend," who was
actually the commission's manager of criminal investigations. They
testified that they handed Golic a cheque for $700 and listened for
about an hour while he promoted the company.
An elderly couple -both retired teachers in their 80s -testified that
Golic went to their home on several occasions and persuaded them to
give him a total of $90,000, ostensibly for investment in AD Capital
shares.
The husband said Golic subsequently showed up at their house and told
them the money they had invested was at risk, but if they gave him
another $30,000 he would invest it separately and return all their
money.
The husband said that was all the money they had left, but he agreed
and Golic actually walked him to the bank to get a draft. He tearfully
recalled that Golic later confessed he had not invested the money as
he said he would; rather, he had used it to pay his legal fees.
Court also heard evidence indicating that some of the couple's money
may have been used to fund Golic's music business. On one occasion,
the couple gave Golic $10,000 to buy shares. Days later, Golic wrote a
cheque for an identical amount to Digital Interference, which produced
the On the Highway video.
As for the company's muffler's technology, an expert witness testified
it didn't work.
The trial was interrupted after five days due to the shortage of
sheriffs. It is set to resume on Aug. 23, when defence lawyer Greg
DelBigio is expected to present his case.
dba...@vancouversun.com
© Copyright (c) The Vancouver Sun
--------------------------------------------------------------------------------------------
Hitmen and
high rollers
New details emerge
about the murder
of Ray Ginnetti, but
a trial is still at least
three years off
by TERRY O’NEILL
NICK PROCAYLO
Hell’s Angels at Ginnetti’s 1990 funeral: A single shot to the head.
Jose Raul Perez-Valdez does not have a bright future. The 35-year-old
Cuban-American is currently sharing living space with 1,800 other
prisoners at the massive United States Penitentiary in Lompoc,
California. As prisoner number 24900-086, Perez-Valdez is serving the
remainder of a 10-year sentence imposed by a Washington State judge
after he was convicted for a Seattle-area kidnapping and possession of
cocaine with the intent to distribute. Although scheduled to be
released in three years, Perez-Valdez will not leave Lompoc a free
man. Rather, authorities are planning to transport him to Vancouver
where he will finally stand trial for one of British Columbia’s most
notorious murders, the 1990 execution-style shooting of flamboyant
West Vancouver stockbroker John Ramon (Ray) Ginnetti.
It was June 1995 when authorities charged Perez-Valdez (who lists his
home as Hollywood, California) with first degree murder in connection
with the Ginnetti killing, but since then they have been tight-lipped.
In fact, there has been so little publicity about the case that even
Perez-Valdez’s Vancouver legal-aid lawyer, Phil Rankin, was unaware
until informed by BC Report last month that it will be 2002 at the
earliest before his client is likely to appear in a Canadian
courtroom.
More importantly, authorities have kept a lid on the details of their
case against Perez-Valdez. However, BC Report has now learned from two
independent and highly placed law enforcement sources that officials
have concluded Perez-Valdez was a professional hitman who, along with
another Cuban, was hired to kill Ginnetti by a notorious Vancouver-
area underworld enforcer, Roger Daggitt. The sources also confirm that
police believe Daggitt, in turn, was contracted by another party to
have Ginnetti killed.
Who that person was and why he hired Daggitt to have Ginnetti killed
remains a mystery. Police and prosecutors may know but they are not
saying. And Daggitt, once described in court as a top enforcer for the
Hells Angels, certainly cannot reveal anything because he himself was
killed in a mob-style hit in the beer parlour of the Turf Hotel in
Surrey in October 1992. Daggitt, 39, was shot three times in the back
of his head as his son watched.
Yet another underworld contract killer, Serge Robin, pleaded guilty in
January 1996 to first degree murder in connection with the Daggitt
shooting. He was already serving life sentences for two other murders
when he confessed to killing Daggitt.
While many questions remain about the case, the cast of nefarious
characters surrounding the Ginnetti killing clearly suggests the
involvement of organized crime, including the Mafia, the Hells Angels
and the so-called Russian mob. However, the public will likely have to
wait until Perez-Valdez stands trial before the whole sordid story
comes out—and even then, there is no guarantee all the questions will
be answered.
Ginnetti’s murder has been shrouded in mystery and controversy from
the moment his wife of 10 years, Barbara, found the body of her 48-
year-old husband in a closet at their $750,000 West Vancouver home on
the afternoon of May 9, 1990. He had been killed by a single shot to
the head from a .380-calibre semi-automatic handgun. The murder
touched off a frenzy of media coverage that was sparked not only by
the unusual circumstances of the shooting but by the fact that more
than a dozen members of the Hells Angels attended Ginnetti’s funeral
in East Vancouver. The May 15, 1990, murder of Russian mobster Sergey
Filonov, an accused cocaine trafficker who allegedly bragged about
being involved in the Ginnetti killing, further fuelled the media’s
interest.
Ginnetti liked to leave the impression he was involved with shady
characters. He began his career as a car salesman in East Vancouver,
but during the 1970s he often hinted at his connections with organized
crime and boasted he earned his living by collecting on loans and by
betting. Later, he worked as a stockbroker for several Vancouver
brokerage houses.
According to an Equity magazine article published in 1990, Ginnetti
was involved in promoting a questionable Vancouver Stock Exchange
offering called Genesis Resources Corp. The magazine reported that
investigators, suspicious about “upward mobility in the share prices”
of the firm, raided the offices of a telemarketing company of which
Ginnetti was a partner, CW Agencies Inc., in 1986. “Investigators
discovered what they were after: a boiler room operation, complete
with phone banks, ‘sucker lists’ of potential clients and sales
records. During their search, investigators found a bag containing
$50,000, but before they confiscated it, [Ginnetti associate Randy]
Thiemer snagged it and threw it out the window. On the street below,
Ginnetti grabbed the loot and ran, and later the B.C. Securities
Commission slapped a cease trading order on Genesis.”
The magazine also reported that Lloyd Robinson, the sergeant-at-arms
for the East Vancouver chapter of the Hells Angels, was employed by
Genesis. The motorcycle-riding Ginnetti made no secret of his
friendship with members of the outlaw gang, although he was not a
member himself. Equity also quoted sources that confirmed Ginnetti’s
loansharking activities. “Ray loves to have someone positioned where
they owed him a favour,” the source said. “He thrived on that
situation.”
Ginnetti made a good living as a broker and lived the high life in
Vancouver night-clubs and restaurants. He made headlines once by
getting into a shoving match with actor Sean Penn. But Ginnetti
apparently did not hit it big until the mid-1980s when CW Agencies
began reselling Canadian lottery tickets to U.S. customers. The
business was legal, but according to Equity, the Coordinated Law
Enforcement Unit circulated a draft report in 1988 outlining links
between lottery ticket resellers and organized crime. “The draft
report named Ginnetti and several others known for their interesting
array of business activities,” the now-defunct magazine declared.
Ginnetti’s family said he had sold his share of CW Agencies half a
year before his death and was planning an early retirement.
Despite providing such intriguing details, the magazine offered no
theory on who might have killed Ginnetti. It did point out, however,
that “aggrieved” cocaine dealers who had been robbed by members of the
then-up and coming Russian mob had ties to the same Hells Angels
faction that Ginnetti had befriended.
No further details of the murder emerged when Perez-Valdez was charged
in 1995, but tantalizing new information surfaced the following year
when hitman Robin pleaded guilty to killing enforcer Daggitt.
Vancouver Sun crime reporter Neal Hall wrote, “One theory is that
Daggitt was killed [by Robin] to even the score” for the Ginnetti
murder. Daggitt “had once worked as a bodyguard for Ginnetti,” Mr.
Hall reported. “An informant told police Daggitt was the driver for
the man who killed Ginnetti.”
BC Report has now been told by two highly placed law-enforcement
sources (who both requested anonymity) that, in fact, Daggitt
orchestrated the killing and that, if he had not subsequently been
killed himself, he would have been charged with first degree murder at
the time Perez-Valdez was charged.
The man who killed Daggitt, Serge Robin, was also convicted of killing
cocaine dealer Ronald Scholfield one week before killing Daggitt and
then of killing drug dealer Robert Pelletier the day after the Daggitt
shooting; it is unclear, however, whether either of the two killings
is related to the Daggitt murder.
Mr. Hall speculated Robin may have pleaded guilty to the contract
killing of Daggitt “because there was a contract on his life and he
wanted an immediate transfer to a prison outside B.C.” The reporter
suggested the contract may have originated with Montreal Mafia boss
Frank Cotroni, who has been convicted of heroin trafficking and
murder. RCMP Corporal Frank Henley, a serious crime investigator in
Surrey at the time of the Daggitt murder, said last week he knows
“exactly why Roger was killed [by Robin] but can’t say” for law-
enforcement reasons. He refused to comment on any connection between
Daggitt and Ginnetti.
Similarly, crown counsel Hank Reiner was silent on the question of who
was ultimately responsible for Ginnetti’s murder. “No, I don’t know,
and if I did, I couldn’t tell you,” he said when asked about the
motive. “There are a number of theories, but none of them are of any
evidential worth, so I’d rather not say.”
However, Mr. Reiner did explain why it is taking so long to bring
Perez-Valdez to trial in B.C. The lawyer says the Cuban-born criminal
has waived his right to an extradition hearing and can therefore be
transported to Vancouver as soon as he is released from prison.
However, “It is up to California authorities to decide whether to
release him now, before finishing his sentence, or to wait until after
he finishes the sentence,” Mr. Reiner says. “Our experience is that
most of the time, they won’t release these guys until they finish
[serving their time].” Mr. Reiner says the latest information he has
is that Perez-Valdez will be released August 11, 2003, but an official
at the Lompoc jail told BC Report two weeks ago that Perez-Valdez’s
official release date is November 8, 2002.
BC Report was unable to contact Perez-Valdez’s California lawyer, Guy
Alvarez. In Vancouver, lawyer Rankin says he has been in contact with
Perez-Valdez intermittently since he was charged, but was unaware his
extradition was not imminent. “I didn’t realize he was bogged down,”
he says. “I’d like to have him come up before I retire from law.”
Also anxious to have the matter settled are Ginnetti’s mother and two
surviving brothers, who suffered yet another loss this past summer.
Family patriarch Giovanni died in Burnaby Hospital July 24 at 86. He
was interred six days later at Ocean View Cemetery in Burnaby, the
same place his son Ray’s body was laid to rest nine years earlier BCR
http://runningformayor2008.wordpress.com/437-good-boys/
Greg:Ginnetti had five full patch HAMC working one of his boiler
rooms.
House Of Brussels Chocolates of Texas and Vancouver was another pump
and dump by Gino Zupano of the Hells Angels.
The House Of Commons Justice Committee should ban the HAMC as a
scourge on the nation.
Ala
"Greg Carr" <gregcarr...@lycos.com> wrote in message
news:59111836-d39c-449c...@x19g2000prc.googlegroups.com...
>:HAMC mope gets caught running a stock scam not the first time the
>HAMC have been connected to a stock scam.
>Alleged boiler-room operator used Hells Angels connection to promote
his rock band
>By David Baines, Vancouver SunJuly 13, 2011
>The trial of Adis (Ady) Golic, leader of the hard-rock biker band
>Skard, is slated to resume on Aug. 23 in Vancouver Provincial Court.
>Golic is charged with illegally selling shares of AD Capital U.S.
>Inc., which was purportedly developing new muffler technology, through
>a boiler room in Burnaby. He is also charged with misrepresenting the
>commercial prospects of that company.
>Golic is a relative unknown in the securities market. I was able to
>glean some biographical information from the Burnaby Now, which
>published a feature article on him in March this year.
>The Bosnian native told the newspaper that in 1994, when he was 19
>years old, he was thrown into a concentration camp and imprisoned for
>14 months.
>He said a Canadian battalion eventually rescued him. In particular, he
>recalled being helped by a Canadian soldier named Andre Lemay.
I told my parents about this debate and they thought it was hilarious,
basically said, not in so many words...... "Don't F with Golic".
