GOSY PR Nov. 15, 2016
GeckoSystems Seeking FBI Investigation of Brown Bros., Harriman & Co.
CONYERS, GA, November 15, 2016 -- GeckoSystems Intl. Corp. (Pink Sheets: GOSY | http://www.GeckoSystems.com/) announced today that the stockholders holding majority ownership are of information and belief that Brown Bros. Harriman and Co. (BBH) has conspired with Mr. Neil T. Wallace and/or George I. MacLeod to defraud GOSY shareholders several millions of dollars. For over nineteen years, GeckoSystems has dedicated itself to development of "AI Mobile Robot Solutions for Safety, Security and Service(tm)."
In June of 2015, the Company’s Officers filed a Racketeering Influence and Corruption (RICO) lawsuit with the Rockdale County Superior Court against Neil Wallace, Bette Wallace, the Estate of Harold Wallace, and Danielle Sims. http://tinyurl.com/qhl3uzu
Recently it was learned that 50,000,000 GOSY shares were placed in the custody of BBH and despite a multiple written requests and phone calls to senior BBH management, there has been no response.http://tinyurl.com/hc9xrdd
According to Mr. Josh Hutson’s LinkedIn profile he received his graduate law degree from Rutgers University and his undergraduate degree in business administration from William and Mary. https://www.linkedin.com/in/josh-hutson-614a9b7 Mr. Hutson is BBH’s Chief Compliance Officer and a Senior Vice President.
Last year, the Acting Under Secretary, Terrorism and Financial Intelligence, of the Department of the Treasury, Mr. Adam J. Szubin, submitted this public report:
Excerpts from National Money Laundering Risk Assessment – 2015
The term securities fraud covers a wide range of illegal activities including, among others, affinity fraud,high yield investment programs, microcap fraud, Ponzi schemes, pre-initial public offering investments cams, pyramid schemes, insider trading, market manipulation, and pump and dump schemes. Securities accounts can be used to originate illicit proceeds through the implementation of these fraudulent securities trading practices. Securities fraud is the most common predicate crime for criminal money laundering cases involving transactions through broker-dealers. The proceeds of drug trafficking and other crimes sometimes find their way into brokerage accounts at the layering stage more than at the placement stage. Most identified cases of illicit activity in the securities markets relate to some form of fraud, including securities fraud, identity theft, or embezzlement. In 2013, the SEC filed 686 enforcement actions, which resulted in more than $3.4 billion in disgorgement of illicit profits and penalties combined.
In February 2014, FINRA issued its highest fine to date for AML violations, fining BrownBrothers Harriman (BBH), a New York-based investment bank, $8 million, and fined the bank’s former AML compliance officer $25,000.342 According to FINRA, BBH did not have an adequate AML program in place to monitor and detect suspicious penny stock transactions and file appropriate SARs. FINRA found that between 2009 and 2013 BBH facilitated transactions in at least six billion shares of penny stocks, often on behalf of undisclosed customers of foreign banks in known bank secrecy havens. FINRA notes penny stocks pose a high risk for fraud because low-priced securities can be manipulated. BBH’s customers generated at least $850 million in profits through their penny stock transactions.
The complete report may be found at: https://www.treasury.gov/resource-center/terr...2-2015.pdf
This past week, a GA Superior Court order was secured with the ongoing RICO lawsuit to access all phone records for the last five years from one of the defendants, Ms. Danielle Sims.Management continues to be dismayed regarding BBH present indifference to their inability to determine where 50,000,000 shares (~24.1% of all freely traded shares) owned by a long time GOSY shareholder, went.
As a direct result of BBH’s failure to respond in a timely fashion to the written communication sent to them on Monday of last week, and market manipulation believed to be executed by Messrs. George MacLeod and/or Neil Wallacealso this past week, GOSY officers are now of information and belief that BBH continues to support Mr. MacLeod and/or Wallace in their theft by deception activities regarding the missing 50,000,000 GOSY freely traded shares to unjustly enrich themselves, BBH clients and BBH.
The Company’s Officers are hopeful that the facts revealed in the past and present due to their ongoing Civil RICO lawsuit investigations will be sufficient for the FBI to evolve this Civil RICO suit to Criminal status forthwith.
“Personally, I take my fiduciary responsibility to our shareholders very seriously, as I hope we clearly indicate above summarizing our present perspective of Wallace, MacLeod and BBH. Despite the reality of the foregoing, we continue to have numerous ongoing joint venture and/or licensing discussions with those who share the same interest in using mobile service robots to help others. I am also pleased that as the Service Robotics industry begins to offer real products to eager markets our capabilities are being recognized. We remain completely committed to providing our 1300+ shareholders the ROI they deserve. They can continue to be confident that we expect to be signing numerous multi-million-dollar licensing agreements to further substantiate and delineate the reality that GeckoSystems will enjoy additional licensing revenues to further increase shareholder value," concluded Martin Spencer, Founder/CEO, GeckoSystems Intl. Corp.
GeckoSystems Seeking FBI Investigation of Brown Bros., Harriman & Co.
CONYERS, GA, November 15, 2016 -- GeckoSystems Intl. Corp. (Pink Sheets: GOSY | http://www.GeckoSystems.com/) announced today that the stockholders holding majority ownership are of information and belief that Brown Bros. Harriman and Co. (BBH) has conspired with Mr. Neil T. Wallace and/or George I. MacLeod to defraud GOSY shareholders several millions of dollars. For over nineteen years, GeckoSystems has dedicated itself to development of "AI Mobile Robot Solutions for Safety, Security and Service(tm)."
In June of 2015, the Company’s Officers filed a Racketeering Influence and Corruption (RICO) lawsuit with the Rockdale County Superior Court against Neil Wallace, Bette Wallace, the Estate of Harold Wallace, and Danielle Sims. http://tinyurl.com/qhl3uzu
Recently it was learned that 50,000,000 GOSY shares were placed in the custody of BBH and despite a multiple written requests and phone calls to senior BBH management, there has been no response.http://tinyurl.com/hc9xrdd
According to Mr. Josh Hutson’s LinkedIn profile he received his graduate law degree from Rutgers University and his undergraduate degree in business administration from William and Mary. https://www.linkedin.com/in/josh-hutson-614a9b7 Mr. Hutson is BBH’s Chief Compliance Officer and a Senior Vice President.
Last year, the Acting Under Secretary, Terrorism and Financial Intelligence, of the Department of the Treasury, Mr. Adam J. Szubin, submitted this public report:
Excerpts from National Money Laundering Risk Assessment – 2015
The term securities fraud covers a wide range of illegal activities including, among others, affinity fraud,high yield investment programs, microcap fraud, Ponzi schemes, pre-initial public offering investments cams, pyramid schemes, insider trading, market manipulation, and pump and dump schemes. Securities accounts can be used to originate illicit proceeds through the implementation of these fraudulent securities trading practices. Securities fraud is the most common predicate crime for criminal money laundering cases involving transactions through broker-dealers. The proceeds of drug trafficking and other crimes sometimes find their way into brokerage accounts at the layering stage more than at the placement stage. Most identified cases of illicit activity in the securities markets relate to some form of fraud, including securities fraud, identity theft, or embezzlement. In 2013, the SEC filed 686 enforcement actions, which resulted in more than $3.4 billion in disgorgement of illicit profits and penalties combined.
In February 2014, FINRA issued its highest fine to date for AML violations, fining BrownBrothers Harriman (BBH), a New York-based investment bank, $8 million, and fined the bank’s former AML compliance officer $25,000.342 According to FINRA, BBH did not have an adequate AML program in place to monitor and detect suspicious penny stock transactions and file appropriate SARs. FINRA found that between 2009 and 2013 BBH facilitated transactions in at least six billion shares of penny stocks, often on behalf of undisclosed customers of foreign banks in known bank secrecy havens. FINRA notes penny stocks pose a high risk for fraud because low-priced securities can be manipulated. BBH’s customers generated at least $850 million in profits through their penny stock transactions.
The complete report may be found at: https://www.treasury.gov/resource-center/terr...2-2015.pdf
This past week, a GA Superior Court order was secured with the ongoing RICO lawsuit to access all phone records for the last five years from one of the defendants, Ms. Danielle Sims.Management continues to be dismayed regarding BBH present indifference to their inability to determine where 50,000,000 shares (~24.1% of all freely traded shares) owned by a long time GOSY shareholder, went.
As a direct result of BBH’s failure to respond in a timely fashion to the written communication sent to them on Monday of last week, and market manipulation believed to be executed by Messrs. George MacLeod and/or Neil Wallacealso this past week, GOSY officers are now of information and belief that BBH continues to support Mr. MacLeod and/or Wallace in their theft by deception activities regarding the missing 50,000,000 GOSY freely traded shares to unjustly enrich themselves, BBH clients and BBH.
The Company’s Officers are hopeful that the facts revealed in the past and present due to their ongoing Civil RICO lawsuit investigations will be sufficient for the FBI to evolve this Civil RICO suit to Criminal status forthwith.
“Personally, I take my fiduciary responsibility to our shareholders very seriously, as I hope we clearly indicate above summarizing our present perspective of Wallace, MacLeod and BBH. Despite the reality of the foregoing, we continue to have numerous ongoing joint venture and/or licensing discussions with those who share the same interest in using mobile service robots to help others. I am also pleased that as the Service Robotics industry begins to offer real products to eager markets our capabilities are being recognized. We remain completely committed to providing our 1300+ shareholders the ROI they deserve. They can continue to be confident that we expect to be signing numerous multi-million-dollar licensing agreements to further substantiate and delineate the reality that GeckoSystems will enjoy additional licensing revenues to further increase shareholder value," concluded Martin Spencer, Founder/CEO, GeckoSystems Intl. Corp.
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