Currency Scam in Great Falls, MT

Currency Scam in Great Falls, MT






Regulating Financial Services, Protecting Montanans
 

News

Published on Monday, March 2, 2015

Currency Scam in Great Falls, MT

A Helena judge has issued a temporary restraining order against Richard Converse, a Great Falls tax practitioner, and his business, DC Tax Services, Inc., alleged to have operated a foreign currency scheme that involves 400 people - including 200 in Montana.  Converse allegedly recruited people to invest in the the Dong (Vietnamese currency) and the Dinar (Iraqi currency) on the promise the foreign currency would soon soar in value.  Victims were allegedly told they were buying the currency through a fictitious Bozeman bank (Victorious Financial Bank) with a situs in Belize and were asked to fill out paperwork imprinted with the name of Fidelity Investments. Read the story from the Great Falls Tribune here.

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Author: M. Smillie

Categories: Consumer Alerts


https://banking.mt.gov/Home/newsmenu/ArtMID/17327/ArticleID/746/Currency-Scam-in-Great-Falls-MT

https://www.centralbank.org.bz/docs/default-source/fss_1.6_public_advisories/victorious-financial-bank-warning-circular.pdf

GREAT FIND BUDDY

Great Falls Man Who Scammed Investors Appears in Court

By: Dennis Carlson - MTN News

Posted: Mar 16, 2016 7:59 AM PDT Updated: Mar 16, 2016 8:01 AM PDT
 

Richard Converse, a Great Falls man accused of bilking investors through a currency scam, has had his scheme placed in receivership.
 

HELENA -
Richard Converse, a Great Falls man accused of bilking investors through a currency scam, has had his scheme placed in receivership.
Lawyers with the State Commissioner of Securities told Judge Mike Menahan on Monday morning that Converse should be held in contempt of court.
One year ago Converse was ordered by the court to stop engaging in securities trading in Montana.  
He is accused of convincing more than 400 investors to engage in securities trading in Montana.
The promise was that they would receive a more than 1 million percent return on the investment once the Iraqi dinar is evaluated.
That never happened and the assets Converse collected were frozen. Converse is accused of soliciting funds only weeks after the injunction was ordered last March.
Judge Menahan denied the state’s request of the contempt charge, but he did appoint a receiver to collect the frozen assets, tally up the number of investors who gave Converse money, and return what money he finds to the investors.
Converse told Judge Menahan that he will appeal his case.

http://www.krtv.com/story/31484279/great-falls-man-who-scammed-investors-appears-in-court

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 Victorious Financial Letter-1.pdf
Here's the Application for completion:
 Victorious Financial Application.pdf
Richard said they are using this "Fidelity Investments" application to gather your info until they have everything printed for Victorious Financial, seems odd but it works for now. Please print off the form, complete it,
Instructions for the application for a checking account for our 'Victorious Financial Bank'. Please read through it before filling out the application. If you want a Joint account, please each individually fill out the application form and let us know you want a joint account. Fill out in black & sign & date in blue.
Just a few simple instructions. Treasury wanted us to use Fidelity forms till we have accounts. In no way is Fidelity involved. On the second page, fill out the s.s. # down through the e-mail address. Nothing below there. Page 3 is for beneficiaries, however, you wish. Page 4 you sign at the bottom & date. Skip top of page 4
 copy it, sign it and send the original along with a check for $300.00 USD or a Money Order via a courrier service to

:

Company Name:
Phone:
Filing State:
Filing Status:
Filing Date:
Company Age:
Registered Agent:

http://www.contractmevouchers.info/Pages/BankSolution.aspx

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Victorious Financial Letter-1.pdf:







So at least the folks in Big Sky country might get some of their $250.00 back for an account that they opened up by someone who is a stockholder and director of a fictitious bank in Belize that had them make out checks to his tax service and using another banks application form.

https://www.centralbank.org.bz/docs/default-source/fss_1.6_public_advisories/victorious-sovereign-bank-of-belize-warning-circular.pdf

Here's the Bank Officer for the fake Victorious Financial Investment Group (VFI) of Belize!










https://www.linkedin.com/in/allen-heart-5774a010

A Victorious Financial (VF) Bank Officer with knowledge of Sovereign Indian Nation Laws and Regulations?

With the VFI (VF) people wanting to distance themselves from Richard Converse and what happened with the judge in Montana, Oklahoma would be the place to be, as put out on the yourvfiglobal website.




http://www.real-dream-catchers.com/



http://www.whois.com/whois/real-dream-catchers.com


Only a 1 year registration for overseasfinancialservice.com?





http://www.statsinfinity.com/domain/ja8Mq8SR0S9TBqcHZiY5QH-b9j95JtMc3m4lKNEgN-k._info.html





http://www.newciv.org/new/showprof.php?memlook=whiteagles&time=1466347803




http://www.whois.com/whois/real-debt-elimination.com

Here's some more on Allen Heart A.K.A. WhiteSoaringEagle A.K.A. Allen H. Becker:

http://www.newagefraud.org/smf/index.php?topic=2228.0



https://homemetry.com/ng/address-profile/291427090-2425198_211+Aries+Ln-848bb


All Nations Bank seems to pop up in my searches. I wonder why?


More to come!

Now that is one scary guy ... scary that he is not under professional supervision .... what a fruitcake.