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Dharma Investment Group leaders indicted

by: mroaks

Wed Apr 21, 2010 at 12:10:33 PM PDT


The Denver Post reports:

Bela Geczy , 57, of Longmont and Michael Brian Kass, 48, of Boulder were indicted on multiple counts of securities fraud and violation of the Colorado Organized Crime Control Act, the Boulder district attorney said in a news release.

The indictment alleges that Kass and Geczy owned and operated Dharma Investment Group LLC and used the company to "solicit millions of dollars from investors in a fraudulent manner."

See mug shots in the Boulder Daily Camera. No word so far on whether they are Buddhists or if they targeted Buddhists with their scam. But with a name like Dharma Investments...draw your own conclusions about the image they were trying to project.

mroaks :: Dharma Investment Group leaders indicted
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Dharmic compliance!
OK, I found this article which demonstrates that these scammers were huge Enlightenment Posers:

Dow Jones Indexes and Dharma Investment Group have launched the Dow Jones Dharma Indexes, which measure the performance of companies selected according to the values and principles of Dharmic religions, such as Hinduism and Buddhism.

...To be included in the Dow Jones Dharma Indexes, stocks must pass a set of industry, environmental, corporate governance and qualitative screens for Dharmic compliance.

I tell ya. It's these holier-than-thou types you have to keep an eye on. Anyone who claims to measure "Dharmic compliance" is probably in violation on several counts.

"If only I had a nickel for every time I've heard someone say that the Soka skunk has changed its stripe." -- auntie


can't see how
I have no idea whether this groups approval or disapproval of something is valid or not, but I can't see any problem in theory. There are things that accord with the dharma and there are things that go against it and it isn't impossible to tell. As an example I can quite easily say taht anyone engaged in arms manufaturing is in violation of buddhist dharma and no one can fault me for saying so according to the dharma.

[ Parent ]
Ponzi scheme
Who decides which $18-million ponzi schemes are dharmically compliant, and which ones aren't, clown?

This is just another example of con men using Buddhist-sounding hoodoo to rip people off.


[ Parent ]
ALL OF 'EM
Ponzi schemes would all be wrong action against truth. Duh!

[ Parent ]
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