Complaint Review: Adam Zuckerman
- Adam Zuckerman
3197 AIRPORT 26 LOOP DRIVE
Costa Mesa, California
United States of America
- Category: Business Consultants
Adam Zuckerman Progenex, Mercury Ventures, Venturepharma, XBanker This is a white collar crime operation. Progenex, XBanker, Mercury Ventures, Venturepharma Costa Mesa , California
*Consumer Comment: Matthew G. Cooke, Ryan Steven Page, Aaron Thomas, Adam Stuart Zuckerman = Rexxfield
*Consumer Comment: The Final Verdict!
*General Comment: Judge Carmac J. Carney - Adam Zuckerman & Kirk McMahan are running a criminal enterprise known as Google-Cide. This is exactly what I warned about when I testfied on August 29th, 2011 in Santa Ana, Ca
*Consumer Comment: Darren Meade, The Illiterate Laughing Stock
*Consumer Comment: Glenn Puit Needs Help With His Facts & IQ
*General Comment: Glenn Puit Has No Credibility
*Author of original report: Online Defamation a Part of this White Collar Crime Spree
*Consumer Comment: Glenn Puit Needs To Keep His Day Job
California Injustice: How a white-collar Criminal using an alias stole, abused the court system, and got away with it, all while under the supervision of the federal government.
By Glenn Puit
Im writing this today because I believe in doing what is right. My name is Glenn Puit, and Im a 20-year journalist and advocate for victims of crime.
In 2011, I was contacted by a Southern California doctor named Scott Connelly. Dr. Connelly, aware of my professional background in investigative reporting, contacted me to see if he could hire me to do media work and communications for him.
Dr. Connelly said he had a rather remarkable story to tell about the loss of a $1 million investment in a financial transaction organized and executed by another man: a convicted felon named Adam Stuart Zuckerman.
Dr. Connelly did not know Zuckermans true name at the time. [continued below]....
He knew him only as his alias, Adam Stuart.
Unbeknownst to Dr.Connelly and other investors, Zuckerman was using an alias and soliciting investments even though, at the time, he was supposed to be under the supervision of federal law enforcement per the terms of a guilty plea to a major financial crimes scheme that stole at least $20 million from major financial institutions.
After hearing what Dr. Connelly had to say, I decided I would go to work for him on a temporary basis and do some media work to find out what really happened.
As a result, in the last year, Ive documented extensive white-collar criminality, allegations of computer hacking on a prominent U.S. website, a vicious, videotaped beating at a Las Vegas casino, frivolous lawsuits, and an online defamation campaign
spree instigated by Zuckerman that now has targeted not only Dr. Connelly and his associates, but more recently myself.
All the while, the U.S. Attorney and FBI of Southern California have ignored whats happening.
Theyve turned away from a federal cooperating witness victimizing innocent people while under their watch.
I traveled to Southern California to meet with Dr. Connelly in early 2011 and he told me the story of how his money was invested alongside other monies solicited from a Zuckerman-controlled entity named Shared Success. Dr. Connelly has an interesting background Connelly is the founder of a company called Met-Rx which was a very successful protein supplement that remains a fixture in many health circles to this day.
In June of 2008, he was on the verge of introducing a new product to the market he called Progenex. He needed millions in investment financing to finance the business launch of Progenex. Six months later he was then introduced by a friend to Adam Stuart, and Ryan Page, who in March of 2009 introduced themselves to Dr. Connelly as the managing directors of Mercury Ventures, an investment fund who they proposed might be willing to invest in Progenex. Through a complex series of business transactions, the product was placed under the control of a company called Progenex Dairy Bioactives, and Connelly invested $1 million of his own money in the venture, and contributed the control of the business into the newly formed entity.
Stuart, it would later be learned, is actually an individual named Adam Stuart Zuckerman. Zuckerman is a white-collar criminal, and remarkably, despite using an alias during the investment deal and despite a felony criminal history Zuckerman was able to sue the doctor in California courts when the transaction was terminated following disclosure of these facts. to his research and development partners, Murray Gouldburn Cooperative.
Dr. Connelly immediately had his attorneys file cross complaints against Zuckerman and his partners for fraud.
I learned his real name as I believe most people learn his real name by accident, Connelly said in a videotaped interview. I googled his real name and found pages of informationon Operation Lease Fleece.
For the record, Zuckermans attorneys have represented in court records that Zuckerman revealed his true identity to Connelly before the business deal went down. But in talking to Connelly, and after interviewing multiple people who knew Zuckerman only as Adam Stuart, Im convinced Zuckermans claim is a lie.
I sought comment on this story from Zuckermans criminal attorney. I received no response.
I also sought comment from the U.S. Attorneys Office on this matter.
I received no response.
A Trail of Victims
On a gut level, when I first met Dr. Connelly, I was inclined to believe what he told me. He seemed credible, and he was very diligent in wanting to seek justice. He also presented me with three binders of
investigative material that was gathered, on his attorneys behalf, by two former senior investigators with the Federal Bureau of Investigation.
In the binders were loads of documents and even a transcript of a legally recorded conference call in which Adam Zuckerman was identified by Aaron Thomas (Zuckerman partner and manager of Zuckerman-controlled VenturePharma) only as Adam Stuart during the investment solicitation surrounding
To back up what Connelly was telling me, I started reaching out to others who had contact with Adam Zuckerman, and I quickly realized that there were lots of people who had encountered Adam Stuart only to find out after the fact that this wasnt his real name.
One of the first people I talked to was a Southern California attorney named Catherine Jasper. She told me a remarkable account of how she represented two people who had contemplated getting into a business deal with an individual named Adam Stuart and his associates, including Ryan Page. Her clients knew Zuckerman only as Adam Stuart, and when they declined to enter into a business deal with Stuart, he retaliated, sending untruthful statements to their bosses via emails with a fictitious account name and tangling them up in civil litigation that was eventually arbitrated in court.
Mrs. Jasper confirmed that Zuckerman was using an alias during this encounter, and that at least one Southern California attorney helped conceal Zuckermans true identity to her clients during their business
negotiations. I encouraged her to report that fact to the California state bar, but it is unclear whether she did file a complaint against the attorney who concealed Zuckerman's identity.
Another person I spoke with was Texas businessman Mark Warner. Mr. Warner, in a videotaped interview, described how he and a business partner were targeted for what he considers a scam by Mr. Zuckerman. Zuckerman, while using an alias, Adam Stuart, entered into business negotiations with Warner over a real estate business model. After months of dealing with Adam Stuart and a California lawyer, Warner was threatened with lawsuit and being tied up in civil court over the business negotiations. Warner's business entities elected to sidestep the costs of defending Zuckermans vexatious litigation threats and ended up securing a large financial settlement to pay off Zuckermans business interests.
Next, I spoke with Jim Zaslaw, the owner of a California website development company called Zinc Solutions. Mr. Zaslaw, in a video interview, said he performed more than $300,000 worth of website
development for Progenex. He said he was then ripped off by Mr. Zuckerman while using an alias (Adam Stuart) and while Zuckerman was pending sentencing in his federal theft case.
To make matters worse, after he was ripped off, he was, like Connelly, sued by Zuckerman's business entities. Mr. Zaslaw fought back in court, and an Orange County jury unanimously upheld Mr. Zaslaws cross complaint and awarded him a $120,000 judgment. To avoid payment of the judgment, assets of Progenex Dairy Bioactives were transferred to the Zuckerman controlled company VenturePharma. A complaint alleging fraudulent conveyance and naming Zuckerman as one of the defendants is forthcoming in Orange County Superior Court to reverse the illicit transfer.
Another woman, Charlene England, told me in a videotaped interview how she fell for a business scam named the X Banker. According to the online records, she believes X-Banker has links to Zuckerman. Again and again, I talked to people who told me of Zuckerman using an alias and either scamming and bullying them out of their money, their businesses, or their services.
I also confirmed that a close business associate of Adam Zuckerman is Andrew Skylar Medal. Medal had been recruited by Zuckerman as an investor lead generator for the various Mercury Ventures investment initiatives. It was never disclosed to investors that Mr. Medal is a convicted felon who was on probation at the time of these proposed investment opportunities (including the Progenex deal). Per Zuckermans release agreement, he is prohibited from associating/working with any convicted felons. In addition to Medal, Zuckerman worked under the same roof on a day-to-day basis with Lease Fleece co-defendants Kirk McMahan (who adopted the alias Kirk McMahon) and Paul Arnold.
After interviewing all of those people and examining these facts, I notified the U.S. Attorney of the Central District of California in writing, twice, of what was going on with Zuckerman. He was harassing and, in some cases, stealing from people while using an alias.
All of this was happening while he was supposed to be under federal supervision. The federal government, in return, did nothing. The reason? Zuckerman is apparently, in some form or fashion, cooperating with
investigations unknown on behalf of the federal government.
Ignored, Again and Again
Despite the repeated warnings that Zuckerman was committing more crimes while under federal supervision, U.S. Assistant Attorney Jennifer Waier, and FBI special agents William Bondurant and Paul Bonin, did absolutely nothing. Frustrated with the federal governments complete inaction, multiple victims organized and proceeded to file court motions alerting U.S. District Judge Cormac J. Carney that Zuckerman was victimizing law-abiding citizens while under federal supervision.
Former Chief of the General Crimes Division of the Los Angeles office of the US Attorney, counselor Becky Walker James, represented the victims. Their goal was to be heard at Zuckermans sentencing for the theft from financial institutions so the judge could be aware of Zuckermans continued criminality.
On several occasions between 2009 and 2011...Zuckermans continuing criminal conduct was reported to the government, Ms. James wrote in court filings. However, the government took no action to revoke either of the defendants bonds or to bring further charges.
The federal government, in its response, filed a sealed motion which remains secret to this day. Judge Carney denied the request to hear the complaints of the victims. The matter was then appealed to the 9th Circuit Court of Appeals in San Francisco, which declined to hear the case.
All of this raises significant questions about what Zuckerman is doing for the federal government to earn him the freedom to commit crimes without prosecution. More importantly, it brings into question whether
the federal government is even capable of upholding the laws of the land.
This is my opinion.
And, I want the reader to know that I'm going to be reporting a lot more on this story in the coming weeks and months. This is an incredibly complex matter that has been going on for years.
Next, I'm going to be reporting on how a string of civil/complicit attorneys, and their actions, made these crimes possible.
In summary, I'm not going to relent until justice is served and the truth is documented. To read my second story on this matter that delves into allegations of computer hacking, please go to http://www.ripoffreport.com/business-consultants/google-cide-the-full/google-cide-the-full-story-b3660.htm.
"Glenn Puit is one of the nations most respected journalists. He spent two decades covering law enforcement and criminal justice as a reporter. He was for 12 years a lead criminal justice system reporter at the Las Vegas Review-Journal newspaper, where he covered matters of corruption, violent crime, and the courts. Puit was twice voted Best Print Reporter in Las Vegas.
Puit was the first reporter in the nation to identify John Doe #2 in the Oklahoma City bombing. The accomplishment was featured in American Journalism Review.
He is also a five-time national author. Puit is now writing a book about the criminal case of Adam Zuckerman."
This report was posted on Ripoff Report on 01/26/2012 08:59 AM and is a permanent record located here: http://www.ripoffreport.com/reports/adam-zuckerman/costa-mesa-california-92626/adam-zuckerman-progenex-mercury-ventures-venturepharma-xbanker-this-is-a-white-collar-828918. 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. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content
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