State-Controlled United States Media Still In Lockdown Over $3.87 Trillion Lawsuit AGAINST the Securities and Exchange Commission

The American Republic has been under siege since the illegal inception of the private Federal Reserve Central Bank, and its political integrity under assault since the assimilating of thousands of Nazis by way of Operation Paperclip, bursting into fruition with the CIA-instituted coup through JFK’s assassination. Many of the individuals behind this putrid history are alive today, and learning who they are and how this all came to be is the inevitable result of probing just what is behind the largest criminal racketeering lawsuit ever to be filed, one whose defendants are individuals at the helm of the SEC and, as the lawsuit indicates, by association individuals within, and by implication behind, the United States Government. Now, it’s become nakedly evident that we can no longer afford to entrust the preservation of our American Republic into the hands of the CIA-controlled mainstream media.

Since this mega-lawsuit was filed in early January, 2010, not one news agency other than WorldReports.org has covered it. The explanation? Major criminal racketeering on the part of the Securities and Exchange Commission on behalf of the U.S. Communist-infiltrated Shadow Government’s “Operation Stillpoint.” … What? no? … heh.

FINALLY !! . . . . . the Examiner takes a, albeit cursory, stab at ‘em. Inform yourself of the details surrounding the decades-old international plot to take down the American Republic partaken of by Nazi infiltrator, George H. W. Bush, alias for German-born George H. Scherf, Jr., G.W. Bush, Kissinger, Gorbachev, Obama, Kohl, Merkel, Ackerman, and the Clintons, just to name a few, at http://worldreports.org/news

This video was posted on YouTube on April 5th, 2010:

CMKM Diamonds and the $3.87 trillion lawsuit you didn’t hear about

March 30th, 2010
By Tim Barello

“Conscience and law” [Photo Credit: Marcel Douwe Dekker]

As the United States continues to fracture in every way imaginable, most citizens are unable to keep up with the never-ending hodgepodge of government corruption.  Each day, a new larger-than-life scandal emerges, and in the short mind span of news media, there is always a bigger and better story to chase. Right now, the hot button issue for mainstream news outlets is healthcare reform, and its myriad implications for our society; this doubtlessly ensures the aforementioned media will continue to overlook unprecedented accusations brought forth in a recent $3.87 trillion lawsuit (embedded below) against U.S. Securities and Exchange Commission Chairman Mary L. Shapiro, as well as several other current and former SEC commissioners, among others.

This Bivens action suit represents the largest fraud case in world history, and was filed in the U.S. District Court, Central District of California, on January 8th by Pasadena attorney Al Hodges; in his complaint, made on behalf of CMKM Diamonds shareholders, Hodges alleges that:
[Complaint paragraph 31] During the period of June 1, 2004 through October 28, 2005 a total of 2.25 Trillion “phantom” shares of CMKM Diamonds Inc, was sold into the public market through legitimate brokers, illegitimate brokers and dealers, market makers, hedge funds, ex-clearing transactions and private transactions. The sales of the majority of such shares were at all times known to the Securities and Exchange Commission, including Defendants herein.
[Complaint paragraph 32] At some date prior to June 1, 2004 the Securities and Exchange Commission in concert with the Department of Justice of the United States, together combined with Robert A. Maheu and others to utilize CMKM Diamonds, Inc. for the purpose of trapping a number of widely disbursed entities and persons who were believed to be engaged in naked short selling of CMKM Diamonds Inc. stock and cellar boxing the company.
The Securities and Exchange Commission and the Department of Justice, with assistance from the Department of Homeland Security, believed and developed evidence that said short sellers were utilizing their activities to illegally launder moneys, wrongfully export moneys, avoid payment of taxes, and to support foreign terrorist operations.
To fulfill the plan to criminally trap such wrongdoers, the Securities and Exchange Commission, with assistance from the Departments of Justice and Homeland Security:
(a) Assisted in and approved the retention of Roger Glenn, an ex-SEC trial attorney and drafter of Sarbanes-Oxley, to join CMKM Diamonds Inc. for the purpose of verifying claims value, increasing authorized shares of stock to 800,000,000,000, and supervising from the inside of the company;
(b) Encouraged the company to expand its promotional activities, assisted in the set up of the “racing activities” of the company, and underwrote a substantial portion of the cost of such activities;
(c) Consented to, facilitated, and supported the sale of certain company claims to several foreign corporations;
(d) Consented to, facilitated, and supported the conferences between Robert A. Maheu and his associates on the one hand, and the wrongdoing short sellers on the other, all for the purpose of settling the potential liability of said wrongdoers with consent of the U. S. Government and a representation of no criminal prosecution for such illegal sales;
(e) Consented to, facilitated, and supported the declaration of dividends payable by the company to each common shareholder of CMKM Diamonds, Inc.
(f) Consented to, facilitated, and supported the distribution of shares of CIM, a private company owned by Urban Casavant, as a stock dividend, including consent and approval of distribution of said shares to holders of more than 1.4 Trillion shares of CMKM Diamonds, Inc. common stock.
Based on these assertions, CMKM was used by the U.S. government as part of a covert sting operation – unbeknownst to shareholders – to apprehend criminals for their offenses. However, instead of prosecuting most of them, restitution deals were apparently cut:

[Complaint paragraph 34] During the period from March, 2004 through August, 2006, on behalf of CMKM Diamonds, Inc. Robert A. Maheu, with assistance from others, negotiated a settlement with the illegitimate brokers, dealers, market makers, hedge funds, and other persons and entities that had engaged in naked short selling of CMKM Diamonds Inc. stock and cellar boxing the company. In exchange for a U. S. Government promise of no prosecution for such sales, the wrongdoers each promised to pay negotiated amounts to a frozen trust for disbursal at a later time.

[Complaint paragraph 35] Plaintiffs herein are informed and believe, and based thereon allege, that other moneys have been collected for the benefit of the shareholders of CMKM Diamonds, Inc. from the Depository Trust & Clearing Corporation, from the United States Government, and from the sale of additional assets including consent to enter into joint venture agreements with other companies holding mineral claims in Saskatchewan, Canada. Plaintiffs herein are further informed and believe, and based thereon allege, that said moneys, collected for the benefit of shareholders have also been placed in a trust or are otherwise now held in trust by the Depository Trust & Clearing Corporation and the United States Treasury.

Therefore, the crux of this complaint – and the massive fraud allegedly committed by the SEC (and Department of Justice) – is as follows:

[Complaint paragraph 36] Plaintiffs herein are informed and believe, and based thereon allege, that at all times mentioned, the Securities and Exchange Commission reserved unto itself the sole and absolute discretion to determine when moneys collected pursuant to the scheme set forth above would and could be released for distribution.

[Complaint paragraph 37] Demand for release of said moneys has been repeatedly presented to the Securities and Exchange Commission without result. Agents and employees of the Securities and Exchange Commission and the Department of Justice have represented repeatedly that the release of moneys for distribution was imminent, and/or would occur within several weeks, and/or would occur within less than a month. Each of said representations have been made knowing them to be false, and at the specific direction of the named Defendants. These actions of withholding distribution of said moneys, without compensation and without due process of law, amount to a taking of the property of the individual Plaintiffs and of all similarly situated.

During the timeframe referenced above, CMKM was registered as a publicly traded diamond and gold mining company. By 2005, concrete evidence detailing fraud within the company emerged; in addition, it became publicly apparent that CMKM also sold, at the very least, hundreds of billions of unregistered shares – a practice often referred to as naked short selling – to third parties. Eventually, the SEC moved to delist CMKM stock, whose value never exceeded one penny per share, in accordance with Section 12(j) of the Securities and Exchange Act of 1934. After several administrative proceedings, CMKM stock was ultimately deregistered in October 2005.
In September 2006, Floyd Norris, chief financial correspondent of The New York Times and The International Herald Tribune, caught wind of the CMKM scandals, and began to report on some elements of the criminal fraud that ravaged CMKM’s estimated 40,000 shareholders. Norris has reported on more than one occasion that at least 259 billion shares of unregistered CMKM stock was sold; however, per the SEC’s 2008 action against CMKM, the agency itself acknowledges that as many as 622 billion shares of “purportedly unregistered stock” was sold by the company over a 20 month period.
So, how did Hodges initially determine that at least 2 trillion unregistered shares were sold?
[Complaint paragraph 25] A frequently asked question (FAQ) page was added to the web site [CMKMTaskForce.com] on the evening of November 4, 2005 and in response to a question about the degree of naked shorting of CMKM stock, the Task Force [consisting of Robert A. Maheu, Donald J. Stoecklein and Bill Frizzell] indicated that “Credible information indicates the number of naked short shares is potentially as high as 2 Trillion shares.”
‘QUITE A CASE’

Several weeks ago, I spoke with Al Hodges, a practicing attorney with four decades of experience, to find out more about this extraordinary case, and moreover, to determine exactly how he calculated his clients’ potential damages to be nearly $4 trillion – a figure many observers have openly scoffed at.
Almost immediately, I could not help but ask why the mainstream media has not fairly reported on this case; frankly, given the scope of accusations, one would assume that, at the very least, Floyd Norris and The New York Times would have some interest in thoroughly examining the merits of this action; instead, Norris has essentially brushed off Hodges’ allegations as being baseless.
It’s not that Hodges and his associates haven’t tried to attract the media’s interest; in fact, on this side of the Atlantic, all the major dailies, including The Los Angeles TimesThe New York Times, The Wall Street Journal and The Washington Post have all been informed of the suit. Their respective editorial staffs – with the exception of Floyd Norris – have utterly decided to ignore it.
In the United Kingdom, efforts have also been made to attract mainstream media interest. Veteran financial intelligence Editor and Publisher Christopher Story FRSA – an investigative specialist that focuses on covert government operations and scandals – has personally reached out to The Daily Telegraph’s International Business Editor Ambrose Evans-Pritchard, with whom he is acquainted, to notify him about Hodges’ case. To date, Pritchard has failed to respond to Mr. Story, who has authored a number of articles (1) – and other published commentary – in The Daily Telegraph over the course of his near 50-year-career.
Hodges noted that Story, publisher of International Currency Review, and several other serials, is “subscribed to by every intelligence operation in the world.”
If intelligence agencies are reading about CMKM, then why isn’t the mainstream press covering this case? Hodges prudently observed that “they’re not going to touch it.”
MAINSTREAM MEDIA WON’T COVER ISSUES TIED TO COVERT OPERATIONS? (EVIDENTLY NOT)
“They [the government] used the shareholders without their consent to perform this ‘sting operation’ for National Security interests, and it wouldn’t have worked the way it worked if they had disclosed it,” he continued.
“On the other hand, it isn’t right to bury a company and put them out of business for the purpose of trapping people who are using the company to cheat the government, to line their own pockets, and to fund their operations against the United States.”
As noted above in complaint paragraph 34, and per Hodges, a deal was eventually reached with the aforementioned criminals; they paid the government restitution for documented illegal actions, and in turn, were offered immunity from prosecution.
“Rob Maheu had all these people in a big room in Las Vegas, and made [an] offer to them,” he said.
“Every person, organization and representative in that room stepped up, and either transferred money while they were there, or agreed to transfer money upon some further schedule” to avoid indictment.
Hodges also said, “I have a witness who was there, who saw it, and part of the 2.25 trillion phantom shares is documented by that person’s observations of how many shares were represented in that room.”
HOW MUCH MONEY DID THE FEDS REALLY COLLECT FOR RESTITUTION?
“People are going to laugh and titter about the amount of money that is being claimed, but understand the context of the lawsuit,” he said, before concluding, “we are not asking the government to pay us $3.87 trillion, what we’re asking is for them to release the funds that have been collected for us.” Thus, the implication is that this sum also incorporates substantial punitive damages.
In the end, Hodges believes the U.S. government is going to settle the case before it actually moves to trial. On this possibility, he said, “I think its in the process of happening as we speak.”
Based on these explanations – and the recent scandals and assertions that have surfaced about the SEC – I believe the mainstream media is doing the public a great disservice by not properly examining Hodges’ CMKM case.
The same conclusion must also be drawn about Christopher Story’s reports on the criminality that is undermining international efforts to refund the U.S. dollar, which is dangerously close to losing its status as the world’s global reserve currency… but that’s touching on a whole other can of worms … or is it?
(1)  In Paul Johnson’s article “Unions, Pensions, and Financial Responsibility: The British Experience” published in the Journal of Labor Research, Volume 2, Issue 2 (1981) pp. 292, 294, 295, 296, he highlights Christopher Story’s authoritative research, as published in The Daily Telegraph on 30 April, 31 August and 1 September 1976, as well as on 4 September 1978.

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