Friday, December 09, 2005

Wilkes' history with scamsters

The piece below on Wilkes and the CIA is long and discursive. So I'll be brief about the latest: Before starting ADCS, Brent Wilkes was involved with Aimco Financial Management, a.k.a. Aimco Securities. This firm was run by one Marvin Friedman. The whole thing fell apart when Friedman figured in a lawsuit involving securities fraud. (He later went on to head up a much larger con.)

Wilkes then went to work for a company called Audre, whose owner was also caught up in stock fraud! Hell of a coincidence, eh wot? (Many thanks to "silence.")

7 comments:

Anonymous said...

The link I found earlier about Thomas Friedman's undisclosed "loan" from Audre is the least of it. I have not paid for a complete copy of the case.

Anonymous said...

One more odd thing. The San Diego Union-Tribune article said:

Audre was able to increase its influence by teaming up with Evergreen Information Technologies, a Colorado company that specialized in computerizing federal contract information.

So far as I can tell, Evergreen Information Technologies was based in Virginia, not Colorado.

Joseph Cannon said...

The Evergreen thing in the SDUT article popped out at me too, because there's a well-known CIA proprietary called Evergreen Aviation. But can we link them up?

Anonymous said...

The digital records for Evergreen Information Technologies got purged from the Virginia State Corporations Commission database in 2000. If we want to find out more, it means waiting until Monday and giving the clerk a call; I'm guessing that the filings still exist on microfilm somewhere.

Anonymous said...

FWIW, the SEC announcement about settling with Evergreen Information Technologies mentioned in the San Diego Union-Tribune article is here. The folks running that operation were also involved in securities fraud:


The Commission alleged that, in connection with its 1992
initial public offering, Evergreen filed a registration statement
that contained material misstatements and omissions concerning
the status of its major product and various related party
transactions as well as false financial statements. The
Commission alleged that Nelsen and Tallant signed the
registration statement knowing that it contained materially false
information. The complaint also alleges that Nelsen knowingly
signed Evergreen's false quarterly report for the period ended
August 31, 1992.

Anonymous said...

This excellent story is now being featured in a recommended diary at Kos:

http://www.dailykos.com/story/2005/12/10/114820/90

Joseph Cannon said...

But the only address for Mirror Labs was the Ave of Sciences one, even after ADCS built that HQ. Prove that there really is no Mirror Labs, and you prove that the money went to the PAC.

The only testimonials to the existence of Mirror Labs come from two companies, and one of them -- Procom -- was getting subcontracting work from Wilkes. I suspect that a similar story can be told of the other. At any rate, it should be simple to establish once and for all whether a testing laboratory named Mirror was ever actually resident there.

Project for next week.