- Hayat is probably out $10-$20 million
- Evolvence is probably out $4-$7 million
- Millenium Capital is probably out $4 million
- Freshfiields (lawfirm) is probably out more than $1 million
- BTU Power Company II investors are probably out $86-$100 million
- BTU Power Company investors are probably out about $40 million to over $200 million.
A compendium of information from PUBLIC DOMAIN sources providing additional perspective on the BTU group of companies (BTU Ventures, BTU Industries, and other affiliates), QGEN, as well as their principals, Wael Al-Mazeedi and Mitsue Oishi. The BTU group of companies are headquartered in Waltham, Massachusetts and should not be confused with Peabody Energy (NYSE: BTU). QGEN should not be confused with Qiagen NV (NASDAQ: QGEN).
BTU Power Company (In Liquidation): CPC & TAPCO Investments
Tuesday, February 21, 2012
Does WAMo get to walk away from all his obligations? He's destroyed (documented) more shareholder value than the original investment amounts. WAMo, WAMo, only in your dreams do you get to say adieu to everybody and disappear into another life (one where you haven't "swindled" 100s of millions of dollars of investors' money)
In line with one of the previous comments:
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5 comments:
I bet Alex would add the AMEX bill LATE PAYMENTS would be in the millions too.
Blogger,
Who is on the witness list for Mr. Betancourt?
Are they all still around MA area?
He will not walk to far. He will never be out of reach of the Courts.
If he runs, the Federal Judge will invalid his passport. Then it gets worse from there, or better, he would have to go home, where his investors can locate him easier.
FUN TIMES for QGEN!
QGEN is a bad fart!
US Federal Judge can't invalidate a foriegn passport.
He can, of course, order it to be surrendered to the court.
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