Sunday, September 20, 2009

Hollywood Con Man

Yesterday's blog post inspired me to write a brief one about a con man who could be be Gypsy Woman's counterpart.

Joseph Medawar, is a con man I track on my own. Just one more of many interested parties.
The question is not if he will strike again, it's a matter of where, when and who he will hurt this time.
They've done a story about him on "American Greed," the TV series on CNBC. You'll find the show when you google his name.
Yet if you are like most people, you haven't heard of him before. And if he were to target you, you would not see him coming if you didn't know what he looked like.

He was a Hollywood producer who claimed to have a TV series called DHS. Department of Homeland Security. He had a credible series trailer. Impressive contacts. And, he said, huge potential returns for investors.

He got U.S. politicians, including Bush Version 2 and Homeland Security to help weave his net. Ultimately, he harvested money from many investors -- from to upper and middle class, to members of a Church in Watts who invested anything from a dollar a share to taking out second mortgages on their homes.

He was a scam artist, an upscale con man. Ultimately, he was exposed. For reasons that still escape me, Medawar did less than two years jail time. Minimal financial restitution.

And here's the grabber:
Despite the theft of hundreds of millions from investors, despite the abject poverty many of the those investors have slipped into because of his misappropriation of their money to support his lavish lifestyle... his shingle is up. He is back in business!

The thing about bad guys and the American Justice system is ultimately, most of the incarcerated get out.
Time is done and either the convicted are released as redeemed souls determined to contribute to society.... or the released become the greater statistic... the one that adds up to repeat offenses and a lifetime of intermittent incarcerations.

The door to Joseph Medawar's website is locked.
I am... ever so curious.... about who he lets in.
And I also wonder, if nce inside, they know they are doing business with an agent of the devil?
Fortunately, I understand the IRS and DOJ keep their eyes on him too.

Click on the title of this post. It is a link that will take you to an older, albeit one of the best, articles about the case.

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