It appears that the prosecutor in Osborn's case for the Commissum Universes scam agrees with me that Michael is indeed a flight risk and that he will not show for his promised January 7th surrender date.
Specifically noted in the opposition papers filed with the court on Friday, is the government's belief that Michael has only complied with the terms of his bail because he had not been facing incarceration at the time. Even then, he was not fully compliant, having obfuscated the source of his income and improperly co-mingling funds with Shenae and maintaining a PayPal account. Of particular interest, is that Michael is reportedly paying $11,000 per month in rent in New York City. This bothers the government who decries the fact that Mike has not reported the source of his income. Of course it all comes from scams.
Within its opposition, the government cites the times Michael has not shown up for judgment debtor exams ordered by the court in relation to his debt to me and for his initial hearing in the Car Max theft case.
The document also describes the transient nature of the Osborns' and even alludes to the rip off of landlords, hardly a new tale. In order to elude arrest, Michael abandoned his family's property, leaving it to be auctioned off by the moving company who provided a last minute move from the Connecticut property the Osborns were renting. It was not until May that he was arrested at the Beacon Hotel.
Victims of Michael's crimes can take solace in the fact that the government has also recognized that Michael makes empty promises of payment, calling him "a Master at leading his investors, time and time again, to believe that they would soon be paid." Reference is also made to Mike's tendency to pay restitution and judgments with stolen funds.
Of particular interest is the revelation that the SEC is about to charge Michael with securities fraud for an unrelated scheme. It is my understanding that this is in relation to the PumpTracker/Fortitude Group fraud and not the AgedDebt.net scheme that the Michigan office of the FBI is investigating.
At any rate, Michael is facing a long stretch in the federal pokey and given the government's stance against his delayed incarceration, it will be interesting to see whether he even shows up on December 1st. I give it a 50-50 chance.
Don't forget to follow my Twitter feed for the play-by-play call and color commentary, live from the sentencing hearing.
This website is dedicated to making the public aware of Michael Todd Osborn aka Michael Osborn Ison. In the past, Osborn has performed cons under the guise of Commissum Universes, LP; Principal Capital Group, Inc., Legacy Capital Group, Inc, ThePumpTracker.com, AbuseOfLaw.org, PantheonTraders.com, AnonymousAdvisory.com, WallStHype.com, and AgedDebt.net. Currently, he runs his confidence schemes under Commify Technology Corp. Here, you will enter the world of this confidence man and gain insight into his scams. Hopefully, some of Osborn's future targets will benefit from the experience of others.KNOWN ASSOCIATES PAST AND PRESENT:
Harold Gregg, Virgil Williams, Corey Engelen, Jehu Hand, Aniko Kaye, Anthony Hruska, Michael Porter, Christopher Laursen, Clinton Greyling, Thomas Parilla, Alexandre Scheer
SCAMS MICHAEL HAS PARTICIPATED IN:
AgedDebt.net, Fortitude Group, Inc. (FRTD), ThePumpTracker Fund, Victory Capital Holdings Corporation, Principal Capital Group, Inc., Virtual Gaming Enterprises, Commissum Universes, LP, Las Vegas Airlines
MICHAEL'S CURRENT SCAMS : Commify Technology Corp., Genesis Gives, VW Win Century, Inc. (OTC Pink: VWIN), Star Alliance International Corp. (OTC Pink: STAL), Inbit Corp. (OTC Pink: INBT)
KNOWN ALIASES: Jerry Lambert, Michael Lamont, Tom Furlong
Sunday, November 27, 2016
Wednesday, November 23, 2016
Osborn to Be Sentenced December 1st and I Will Be There
Well Michael will finally get sentenced for his part in the Commissum Universes scandal, in which he has admitted stealing $645,000. The sentencing hearing will be at 10:00am on December 1st in Denver, Colorado and I already have my plane ticket. I have informed the Prosecutor that I have a statement to make to the court before the Judge drops the hammer. In that statement, I will be detailing all of Michael's schemes since CU, including the ones that are ongoing right now.
Within his statement prior to sentencing, Michael is asking the court for leniency, i.e. only 47 months of incarceration followed by 3 years of supervised release. He is also asking for the relatively comfy confines of Danbury FCI. He is also asking that he remain free until January 7th so that he can earn the $645,000 restitution and enough money to provide for his family while he is in prison. Anyone who knows Michael, knows that there is no way that he is going to make a million bucks legitimately. Or 50 cents for that matter. If he gets this money, it will be stolen, he will keep it and I believe he may very well flee. At any rate, I will ask the Judge to have him report the source of the funds with documentation.
I will also argue that he should not receive the relative comforts of Danbury while there are people who have literally lost everything because of his schemes. I will also recount the admonishment that I gave the court at his CarMax sentencing when I told the Judge that nothing will change with Michael when he gets out. Indeed, he is a much bigger crook today than he was then.
Within its pre-sentencing memorandum, the prosecution is asking for 70 - 87 months of incarceration. He is likely to receive a number in that range and I am obviously going to push for the higher number. Michael will be required to serve at least 80% of his sentence. I will also point out that the Michigan office of the FBI is currently investigating him for the AgedDebt.net scam.
I think that there is a good chance that Michael will be an old man when he is released from prison if he gets indicted and convicted for AgedDebt and perhaps the Fortitude Group/PumpTracker scheme while he his serving this sentence.
Watch my Twitter feed for up to the minute reports, live from his sentencing hearing. https://twitter.com/GeorgeASharp
Within his statement prior to sentencing, Michael is asking the court for leniency, i.e. only 47 months of incarceration followed by 3 years of supervised release. He is also asking for the relatively comfy confines of Danbury FCI. He is also asking that he remain free until January 7th so that he can earn the $645,000 restitution and enough money to provide for his family while he is in prison. Anyone who knows Michael, knows that there is no way that he is going to make a million bucks legitimately. Or 50 cents for that matter. If he gets this money, it will be stolen, he will keep it and I believe he may very well flee. At any rate, I will ask the Judge to have him report the source of the funds with documentation.
I will also argue that he should not receive the relative comforts of Danbury while there are people who have literally lost everything because of his schemes. I will also recount the admonishment that I gave the court at his CarMax sentencing when I told the Judge that nothing will change with Michael when he gets out. Indeed, he is a much bigger crook today than he was then.
Within its pre-sentencing memorandum, the prosecution is asking for 70 - 87 months of incarceration. He is likely to receive a number in that range and I am obviously going to push for the higher number. Michael will be required to serve at least 80% of his sentence. I will also point out that the Michigan office of the FBI is currently investigating him for the AgedDebt.net scam.
I think that there is a good chance that Michael will be an old man when he is released from prison if he gets indicted and convicted for AgedDebt and perhaps the Fortitude Group/PumpTracker scheme while he his serving this sentence.
Watch my Twitter feed for up to the minute reports, live from his sentencing hearing. https://twitter.com/GeorgeASharp
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