Read
my article on OpEdNews, "The SEC Learned Nothing from Madoff -- Check Out CMKM
Diamonds, Inc., for Proof," Matt Taibbi's articles, and the infra evidence I
present in this article to confirm the SEC's business as usual.
Unfortunately
for the public in general and the shareholders of CMKM Diamonds, Inc., (CMKM) in particular, business as usual appears to be so pervasive, it could have
spread to the very governmental watchdog agencies, such as the SEC Office of
the Inspector General (OIG), that are mandated by law to investigate it, as I
explain infra.
On
12-20-10, I file a 166-page Complaint, Case Number HO102219 (SEC Complaint),
with the SEC in which I expose the ongoing frauds that are being perpetrated
against existing CMKM shareholders and unsuspecting investors.
According
to the article, "SEC Builds New Tips Machine to Catch the Next
Madoff," the SEC appears to have corrected the mistakes it made in the
Madoff debacle and is currently implementing an efficient new system to handle
the tips and complaints it receives concerning potential frauds.
The
article goes on to explain that "The TCR Database is the SEC's most
significant response to its well-documented fumbling of early tips about
Madoff's $65 billion fraud."
Furthermore,
the article points out that "Harry Markopolos said since the database went
into operation, he has submitted three of his own tips. In all three cases, he
heard back from an SEC attorney within days, or in one case, a few hours."
Therefore, being a reasonable person, I deduce that the SEC should acknowledge receipt of my SEC
Complaint by the first week of 1-11; but when the SEC fails to do so -- which
contradicts the improvements it allegedly made since its TCR Database went into
operation -- I telephone the Washington, DC, Office of the Enforcement Division
of the SEC on 1-3-11 and again on 3-18-11, which leads to a 3-30-11 telephone
conversation with Merrily W. Katz (Katz), SEC Investor Assistance Specialist,
at her 202-551-6317 telephone number. Katz not only fails to apologize for the
failure of the SEC to acknowledge my SEC Complaint, she is rude, obnoxious, and
underhanded, and when she fails to intimidate me, she abruptly hangs up the
telephone.
In
essence, the SEC fails to acknowledge my SEC Complaint until Katz sends me an
email on 4-14-11, which is almost five months after I initially filed it on
12-20-10 -- and my telephone conversation with Katz on 3-30-11 was the only
reason Katz sent that email. Furthermore, the SEC has failed to acknowledge my
final updated version of my SEC Complaint that I filed on 5-20-11.
Because
my name is not prominent like "Markopolos," and "CMKM" is not high-profile like "Madoff," I deduce that the SEC and Katz apparently feel they can get away
with stonewalling my
SEC Complaint to cover up
for the SEC's business as usual pertaining
to said ongoing frauds.
Therefore,
on 9-1-11, I file with the OIG, Complaint, Report #115612564, against the SEC
and Katz. But instead of responding to Complaint, Report #115612564, which it
is mandated by law to do, the OIG stonewalls
it just as the SEC stonewalled my SEC
Complaint. I reasonably deduce that the OIG could be colluding with the SEC, and therefore the OIG is engaging in the
very same business as usual that it is mandated by law to investigate.
Thus,
on 10-30-11, I start a Petition Letter on Change.org in which I document the
OIG's stonewalling Complaint,
Report #115612564.
On 11-15-11, the OIG emails me the following letter confirming that it has opened a preliminary inquiry into possible SEC staff misconduct pertaining to Complaint, Report #115612564:
Dear Mr. xxxxxx,
Thank you for your submissions of November 9, 2011 to the Securities and Exchange Commission (SEC) Office of Inspector General's (OIG) complaint hotline (Report # 115612564 and Report # 115613986). The OIG is in receipt of your submissions under Hotline Report numbers 115613986 and, 115612564, as well as the information sent to the OIG electronic mailbox from the e-mail address, Email address removed . Please be assured that the OIG has an open preliminary inquiry into your complaint of misconduct by SEC staff and we will review all of your submissions to the OIG as part of that inquiry in order for us to determine which matters you raise fall within the OIG's jurisdiction.
Thank you again for contacting the OIG and providing all of this information to us.
Raphael Kozolchyk,
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