}

Total Pageviews

Wednesday, August 7, 2019

ROBERT BUCKHANNON SENTENCING SCHEDULED...AND THEN RESCHEDULED, AND (IF HISTORY IS ANY INDICATOR) WILL PROBABLY BE RESCHEDULED AGAIN AND AGAIN: Set To Be Sentenced November 12, 2019, Buckhannon Is Still Scamming!

Robert Buckhannon, Kelly DeMoss at Battle Creek's On Deck Bar
Robert Buckhannon, who plead guilty May 30, 2019 to one count of  conspiracy to commit wire fraud, is scheduled to be sentenced on November 12, 2019. 

The deal stems from a criminal indictment filed August 8, 2018 against Buckhannon and co-defendant Kelly DeMoss. 

As detailed in his plea agreement, Buckhannon admitted his role in a scheme to defraud Blackburne & Sons Realty Capital Corporation, perpetrated with DeMoss.

But, if Buckhannon's history in a $34 million hedge fund criminal fraud case filed in October 2014 is any predictor (he dodged a criminal trial in that case for nearly four years, ultimately pleading guilty in 2018 to one count of conspiracy to commit wire fraud resulting in a three-year probation term), that sentencing will likely be moved again and again.

In fact, it's already been moved once.

On July 26, an order was issued setting sentencing for November 8. Yesterday, an order acknowledged the hearing had been delayed and rescheduled to November 12.

Buckhannon formally consented to his change of plea in U. S. District Court during a July 25, 2019 hearing.

As part of his plea and cooperating witness deal (he's expected to roll over on former fiance, Kelly DeMoss, who's reportedly exploring a mental state defense), Buckhannon is barred from committing any criminal offense.


But Buckhannon's still scamming, right under the noses of the federal officials who are supposed to be monitoring his ass.

I exclusively discovered Buckhannon's most recent scam, formed in Colorado in 2018 under the moniker “Phoenix Rising Ventures”, is rapidly expanding and now includes a former hedge fund crony, Chris Paganes.

Phoenix Rising originally focused on a crypto-currency mining scam Buckhannon launched in 2018 with longtime business crony, Zia Shlaimoun

In early 2019, I learned that Buckhannon was illegally pitching investments in the venture, promoting a “22% to 28% annual return with potential”

In early July, I discovered Buckhannon's now-deleted Alignable page, where he described Phoenix Rising Ventures as a “consulting group”, with “expertise and proprietary technologies” in the fields of block chain computing, hemp extraction and solar and battery technologies—claims almost as exotically imaginative as Buckhannon’s purported employment in 2018 with a Colorado pharmaceutical company that required his international travel to conduct clinical drug trials!


You can laugh, but Buckhannon was recently joined in Phoenix Rising Ventures by Michigan resident, Christopher Paganes, who launched his own Alignable page.

Paganes, who is permanently barred by the SEC from having anything to do with investment advisory, lists “financial planning” and “investments” as two of his (and Phoenix Rising’s) products and services. 

Even I couldn't make this shit up...but I don't have to, because it's all true.


No comments:

Post a Comment