Metro Dream Homes (foreclosed, leasing, insurance)

[sagegriot]

For the record, I generally agree with both Ralph and Rey, but you are both waay premature and waay overstating your cases. We may know in our minds and in our guts, but THATS NOT PROOF! It seems like there only a small percentage of participants complaining, so the AG is maybe hoping this will just go away without making a big splash and cunducting a throrough investigation.

I am very curious, for example how Rey can make such strong positive statements about Andy Williams and at the same time say Dr Bland and Adm Combs were "suckered", whereas I think they are equally responsible for this scheme, even though they are not named in the C&D. I think you guys may be highly disappointed if the named only get a slap on the wrist.

We need more 1st hand accounts of what's happening on the inside....I wish Naledge4ya and Purple Kool-aid would find this thread!

[Rey19]

Originally Posted by sagegriot

For the record, I generally agree with both Ralph and Rey, but you are both waay premature and waay overstating your cases. We may know in our minds and in our guts, but THATS NOT PROOF! It seems like there only a small percentage of participants complaining, so the AG is maybe hoping this will just go away without making a big splash and cunducting a throrough investigation.

I am very curious, for example how Rey can make such strong positive statements about Andy Williams and at the same time say Dr Bland and Adm Combs were "suckered", whereas I think they are equally responsible for this scheme, even though they are not named in the C&D. I think you guys may be highly disappointed if the named only get a slap on the wrist.

We need more 1st hand accounts of what's happening on the inside....I wish Naledge4ya and Purple Kool-aid would find this thread!

Sagegriot, I agree with you they are equally responsible. But in every business case there is a leader: the one with the vision. Andy has a dirty background, and he is the one with the vision. If you search the Internet for posts of people who lost everything from the Bankcard fiasco, you will find plenty. I posted one of one gentlemen on ScamDOTcom who lost his life savings b/c of Andy; he referred to Mr. Williams as a CROOK! That is PROOF! He's done it before and is doing it again, and the MD AG will hold him responsible "this time" for violating the order from 2001: prohibited from operating a securities company. The reason he was not allowed to operated again b/c a lot of people were hurt financially, and he did not follow the LAW. BTW, supposedly, he did settle some of the debts; however, there were plenty of people who experienced irreplaceable damage b/c of Andy's malfeasance. The conundrum is the Ret. Admiral and Doctor have clean backgrounds and should have known better. They have a lot more to loose than Andy. Why would gentlemen with clean backgrounds fall for this SCAM? And it is a SCAM! Why would a Ret. Admiral risk loosing his retirement pension and a Doctor tarnish his good name if convicted of a crime b/c of something stupid? Why? The only reason I can think of is Mr. Williams has the gift of gab and knows how to prey on peoples vulnerabilities. Look at history. There has been plenty of people like this: Jim Jones, Hitler, Stalin, etc...

[ralphmalph]

Originally Posted by sagegriot

For the record, I generally agree with both Ralph and Rey, but you are both waay premature and waay overstating your cases. We may know in our minds and in our guts, but THATS NOT PROOF! It seems like there only a small percentage of participants complaining, so the AG is maybe hoping this will just go away without making a big splash and cunducting a throrough investigation.

Wow! You can say there is no "proof" that MDH is a scam, but is that what you need to know it is a scam? Actually the proof is in the fact that MDH is clearly making claims to provide investment returns that NO ONE can deliver on, they have NO INVESTMENTS that will even return normal dividends and even if they took money from the first 10 investors truly believing they could provide those impossible returns they continued to take money (and "take" is the right word) after they had to have KNOWN that they could not provide ANY sort of return on the investors money other than to use the investment funds of new investors.

What part of that do you not understand? What else do you need as proof???

The investors have not started complaining yet because, up until now, the cash cow has been delivering milk from the buckets of the new investors. But since the cow dried up this past month, they will start screaming... louder and louder as the reality of the magnitude of the scam hits them right between the eyes!

When the skys darken and the winds start blowing, I don't have any "proof" that it is going to rain... but I am sure as heck not going to keep playing golf or hold a metal umbrella over my head!

I am very curious, for example how Rey can make such strong positive statements about Andy Williams and at the same time say Dr Bland and Adm Combs were "suckered", whereas I think they are equally responsible for this scheme, even though they are not named in the C&D. I think you guys may be highly disappointed if the named only get a slap on the wrist.

We need more 1st hand accounts of what's happening on the inside....I wish Naledge4ya and Purple Kool-aid would find this thread!

I don't give a rats rear about what is happening on the inside. I want the whole thing shut down and shut down permanently with the principles going to jail. The prosecutors can figure out what has happened on the "inside" and then prosecute those that they can get evidence against. MDH is still operating in North Carolina and California. Hopefully they will be shut down there soon.

I can't believe that anyone who is not getting money from these guys can think there is any chance that they are not con artists of the worst kind!

One more time, the victims are not "investors"... they are VICTIMS!!! MDH is not an investment company... it is a SCAM!!! There are no business operators... there are only CON MEN!!!

If I was saying anything about these guys that was not true, I would be sued. I don't have any lawyers at my door...

[Purple_Kool_Aid]

Originally Posted by sagegriot

We need more 1st hand accounts of what's happening on the inside....I wish Naledge4ya and Purple Kool-aid would find this thread!

We will all have answers soon. Here is info on the hearing. I'll be more than happy to provide first hand account:

US District Court of Maryland
6500 Cherrywood Lane
Suite 400
Greenbelt, MD 20770
Time: 9am
Wednesday, September 12, 2007

[Schloggie]

Just found this forum and have been wondering what happened to scam Dcom if anyone knows....

FYI: The latest word is that the mortgages I know of have not been paid for this sept yet.

[Rey19]

Schloggie and Purple_Kool_Aid, good to see you guys on-board. As far as ScamDotCom, Sagegriot mentioned in another post that they were hacked.

[sagegriot]

Originally Posted by Rey19

Schloggie and Purple_Kool_Aid, good to see you guys on-board. As far as ScamDotCom, Sagegriot mentioned in another post that they were hacked.

Welcome to the new (temporary?) home of the MDH Update Thread!

[Rey19]

I am no lawyer, but I read the court documents on PACER (PACER Service Center Home Page) and Ralphmalph and I have been on the money on this one. Every court motion that POS Dream Home(s), LLC has filed to have the C&D Order removed has been denied.

The courts position:

"...the State has a very strong interest in quick action to protect the public sales of securities which may violate [the Iowa Securities Act]. A large volume of securities can be sold in a relatively short period of time. The interest of protecting the public, as weighed against the plaintiffs interest in selling the securities is paramount. Therefore, any damage to plaintiffs under these circumstances is outweighed by the public's interest in protection from possible illegal or even fraudulent sales of securities".

"Ironically, despite Respondents' assertions of irreparable harm, they requested and were granted an extension of the time to the Respond to the Summary Order. Much like Economou defendants, Respondents are acting "at their own peril by not accepting the due process provided by the State". Economou at 816. By Respondent' own (in)actions, the are flouting the very procedure that are designed to ensure that their due process rights are protected".

This is an excerpt from MDH's response:

"The plaintiffs’ only response, (paper 7, at 11-12), is to contend that they “do not have an adequate opportunity to litigate their constitutional claims in state proceedings,” because they believe they cannot obtain judicial review of the Commissioner’s September 5 order rejecting those claims on the September 11, 2007 "

"By their (in) actions and their half brain response, they are really giving the MD AG no choice but to shutdown POS Dream Home(s), LLC. THIS IS NOT A CIRCUS!"

IANS, MDH and its principals do not have the monetary, sagaciousness, nor the legal firepower (understanding of Constitutional Law) or wherewithal to go up against an ELEPHANT: the MD and VA courts; State/Federal Constitution Court (they will not touch this one!). They will need money (and more) from all of their investors (aka., VICTIMS) to litigate this case! That is probably one reason why checks are bouncing and the September mortgages have not been paid.

The dominoes are falling...and it is clearly a SCAM!

Sagegriot, I suggest you access PACER and read every court document on this case. Your opinion about it being a SCANDAL will change. BTW, this will not as you say, "Will go away". There is much more - stay tuned...

[imalert]

Hello Rey19,

This is some great info that you provided for us. I'm glad that I found this site to keep me up to date on whats going on because I also had problems with scam.com.

The family that I know who's in the program also didn't have their September'07 mortgage paid. They had to go into their own funds to pay their own mortgage in order to keep their credit straight. They said that this was very inconvenient to them because they had to pay more than what they used to pay before getting into the program.

[sagegriot]

Rey19

I will take your suggestion and read the court transcript, thanks for the link. I also agree with your idea that MDH 's response to the AG's order is only making things worse for themselves and all thier investors.......it's a joke. As for some of your other comments, I think you are missing the point........it really doesn't matter what you call it........if the AG had really prioritized the matter and taken STRONG action, MDH would already be shut down and assets siezed.....everyday that passes by means greater loss to the 'victims'. Mortgages are already going unpaid. I believe in due process, but the odds of ALL the assets being dispersed is too great to permit the operation to continue at any level.