Please check if your references have credibility before posting. It appears good ol' Martie Armstrong has a colourful past to say the least...
'Armstrong is accused of commingling funds from the Japanese investors, placed in an account at Republic, who were it seems also acting as Trustee, with his own accounts. That's an interesting situation to say the least. It seems that all of Armstrong's assets are now in the hands of the court appointed receiver including personal and corporate accounts. He has no money, a court appointed defense lawyer, is in jail, and he may be there for some time.'
A federal judge lifted a seven-year-old civil contempt sanction on the financial adviser Martin A. Armstrong yesterday, allowing him to begin serving a five-year sentence for conspiracy to commit fraud
