|
|
 |
 |
 |
 |
 |
In Reply to: Re: Re: Re: Re: Re: Re: Re: Re: Re: Re: Re: Re: Re: Re: Re: Re: Re: Re: Re: Re: Ripped off posted by Ron on August 27, 2001 at 18:55:16:
What's the big deal about the time frame? You PFSers use out of print books for your third party pieces!
: : You must HATE PFS, and they must be impacting your business. Your post clearly indicates that there was "possibly" criminal money involved, not that there was or that Citigroup was ultimately found to have done anything criminal. They clearly did have a problem watching over their salesforce at one time, but I think that was resolved a decade ago.
: With respect to the alleged "Ponzi" scheme you mentioned, you are correct that it did happen...and it involved four reps in ONE office out of nearly 20,000 reps in the country at that time...which was over 10 years ago. I would hardly say that warranted an indictment of Primerica overall. I still don't know what "shining" firm you work for...what was that name again? I think I'll share a little research of my own if you are not afraid to clue us all in.
:
: : Here's Time Magazine's report on money laundering at Citigroup.
: : You can check with Schwab and the Wall Street Journal about the Russian stuff.
: : "On Wednesday, November 29, 2000, Schwab, in its daily reports, has reported that Citigroup has acknowledged failures in its practices and procedures that allowed a dubious $750 million in possibly criminal Russian money to flow through accounts it managed, according to the Wall Street Journal."
: : http://www3.bc.sympatico.ca/bizwatch/links.htm