ED Magedson – Founder
Michael Mains2403 Seaside Ave Beverly Hills, Utah USA
Michael Mains Michael Mains Utah / Mike Mains Alpine Utah SCAMMER / THEIF / PONZI SCHEME / DO NOT DO BUSINESS WITH MICHAEL MAINS / FEDS ARE INVESTIGATING PONZI SCHEME PONZI SCHEME / FRAUDSTER / Michael Mains is now in Prison Beverly Hills Utah
Michael Mains was arrested and he plea bargained guilty, and is now serving an 8 year sentence in Federal Prison, but he can be released on parole in 4 years. This scum bag will now get what he has coming to him. His $30million mansion in Beverly Hills, and $5million estate in Utah has been reposesed and were supposed to be auctioned off by the FTC. The proceeds of the auction were to be distributed to the victims of his deceitful schemes, but in his plea bargain he was allowed to donate his assets to a charity instead of having them auctioned off. But now he is under investigation again for fraud, because the charity he donated his assets too to minimize jail time, was actually owned by one of his offshore companies in Monaco. His wife Angela denied all involvement, but she was arrested by the FBI when they caught her fleeing the country to Monaco. No doubt she was heading over to reclaim all the assets in the fake Charity. [continued below]....
This is not enough jail time for this p***k. Michael Mains is responsible for about 50% of all interenet fraud crimes in the world. He runs a massive network of underground hackers, spammers, extortionists, and embezzlers. Michael and Angela Mains have their dirty little fingers in large corporations and governments all over the world. He controls powerful government agencies, and has safe havens in the most of the worst offending countries in the world. This guy is pure evil, and will stop at nothing to make more money for his evil empire. Michael Mains makes Bernie Madoff looke like an ametuer. The only difference is that Michael Mains has only been brought to justice for 1 of his crimes. He is still perpetrating thousands of other schemes all over the world, even while he is in prison. And he doesn't care who is victims are, even innocent elderly people or childrens college funds, he will skim them dry. He will continue to get away with it while he is in prison, so he must be stopped.
This report was posted on Ripoff Report on 05/17/2013 08:17 AM and is a permanent record located here: http://www.ripoffreport.com/r/Michael-Mains-/Beverly-Hills-Utah-90210/Michael-Mains-Michael-Mains-Utah-Mike-Mains-Alpine-Utah-SCAMMER-THEIF-PONZI-SCHEM-1051652. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.
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