Brecher Talks, Dominos start to fall

As part of the plea agreement (still sealed) Mark Brecher had to forfeit a large sum of cash. Not as big as David Hagen's, um, I mean Keri Keenan Hagen's cash, but still big enough to hurt. But, not big enough so that he couldn't WRITE A CHECK FOR THE FULL AMOUNT. 

$4.73 Million Dollars. 

Here are 3 documents detailing the forfeiture and subsequent payment. The first is a legal requirement, the next 2 detail the payments.

Brecher Forfeiture Notice

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Brecher 1st Forfeiture

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Brecher 2nd Forfeiture

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This next document is VERY interesting. Based upon Brecher's help, the government is recommending a sentence reduction. He's pleaded out and will now serve 140 months for 2 consecutive sentences. 12 FUCKING YEARS. (If anyone thinks David is gonna get out before he is old, gray, a complete jail-house faggot, has grandchildren with Andrea and her 3 ex-husbands, and the new slimmer Derek after gastric bypass surgery, you're dreaming. David is gonna be in jail for a LONG LONG time)

But what's interesting can be found on page 2, at the bottom. "Brecher has provided information with regard to the Yadio merger that differs materially from certain documentation and the testimony of other witnesses.  However, the  Government is satisfied that these discrepancies are not due to an intentional effort on the part of Brecher to provide false or misleading information."

brecher 5k

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Yes folks, more people on the radar. All the old yadio folks (detailed over and over here in the blog) are clearly sometime next too. And, Ed Ovsenik, who published all the knowingly false claims and filings, Curtis Garth who benefited from the "merger" with Yadio and Ivan "the real deal" Ivanov too. It ain't over. All of em are going down. 

Put a fork in him, David Hagen is done

Despite all the ploys David Hagen was found guilty. At least now he can get out of "county" and go to a real jail. Happy Trails you fat dishonest little dick worthless fuck. 

Verdict Sheet

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Forfeiture

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DAVID HAGEN PLEADS GUILTY

Tuesday, May 19, 2009 03:36:00 PM

By Carol S. Remond
Of DOW JONES NEWSWIRES

David Hagen, founder and former president of GTX Global Corp. (GTXC), has been convicted of conspiracy to commit securities fraud, conspiracy to commit wire fraud and conspiracy to commit money laundering.

Hagen, a convicted felon who served time in jail for his involvement in a direct mail scheme in the late 1980s, was featured in a Dow Jones Newswires "In the Money" column in December 2005 cautioning investors about GTX Global. He had fled to the Bahamas and was arrested upon his return to the U.S. in 2007.

Federal prosecutors for the western District of North Carolina accused Hagen of using a number of Web sites to drive up the price of GTX Global' stock price, selling stock at inflated prices and laundering his profits through bank accounts in the Bahamas, the Netherlands, Cyprus and the U.S.

As first reported by Dow Jones in April 2006 (actually, first reported here in this blog), criminal prosecutors first began looking into GTX Global as part of their investigation of two other penny stock companies called Concorde America Inc. and Absolute Health and Fitness Inc.

Hagen has been ordered by the jury to forfeit almost $28 million in proceeds from his illegal acts. He faces a maximum sentence of 45 years in prison. (Good luck, Keri "I had to fuck the fat fucker but I took all the money" Keenan already, by David's own admission, taken the money)

Parallel investigations by the Securities and Exchange Commission in Florida and the Federal Bureau of Investigation in Charlotte, N.C., led to several GTX Global-related arrests, including that of former U.S. attorney Sam Currin who pleaded guilty to money laundering and obstruction charges. Currin was sentenced to 70 months in jail in 2007. 

NOW COMES THE FUN. Brecher's plea agreement likely to be unsealed soon. Bryan Kos' plea agreement to be unsealed as well. Look for more details here on the sentencing and plea agreement with David and for more indictments. Edward C Ovsenik, Ivan Ivanov, Annette Hagen, Curtis Garth and others are sure to be next.

David Hagen shoots self in dick... small caliber bullet found :-)

Let's face it, nothing much should surprise us anymore. This entire posting, which consists of no additional commentary or synopsis', is only documents filed for, about or by David Hagen. The only comment I can come up with is, "dude be crazy."

Affidavit

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Gov Reply to Mot to Cont by Hag

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Hag Mot to Continue

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Letter

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meier aff

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Mot to Reconsider

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Order Deny Hag Mot

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David "Unabomber" Hagen rebuffed by court

YAWN. I grow tired of these games Herr Hagen. The justice department in an increasingly tiresome display told David, "no problem, you can be your own attorney" as they rubbed their hands together in glee. But the court said, not so fast and David's attorney is being forced by the court to continue representing the once and future felon, David Hagen.

This first document is the government's response to David's 17 page manifesto of slights and snubs.

order re withdraw

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This second file is the latest example that David has both way too much time on his hands (or on his knees servicing his fellow inmates). "No, I really want to be represented by an attorney" David now says. But spending time on "the floor" (read the file, it's priceless) without benefit of a desk or access to the law library has just made poor David Hagen concerned about his representation.

Motion to Reconsider

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This last file is pretty startling. Bryan Kos, AKA the big fish, AKA David's last hope to cut any kid of reasonable deal, has pled guilty to 2 counts, accepted by the court in a Rule 11 hearing. These are not the same counts he shares with Hagen, and his plea agreement (like Mark Brecher's too) is sealed. Lots more to come. 

Kos Information

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Now that David can't flip on Kos, our thoughts are that David's last hope is to try and flip on Ivan Ivanov (more on his crumbling empire to come), Edward C Ovsenik, Annette Hagen-Brown-Defusco, Keri Keenan-Hagen, (now) Travel Agent Curtis Garth, or any of the other "advisors" and "consultants" hooked into the VSTC/GXTC/Gatelinx Global/Gatelinx/PrimeTV scam.

HAGEN FIRES ATTORNEY, remains in Jail.

In an utterly predictable effort, David Hagen, facing 20+ years in federal prison and having already served an unbelievable 545+ days in Mecklenberg County Jail, has fired his attorney.

In a 17 page, handwritten brief to the court, David claims

1. His first attorney was incompetent and he fired him (WRONG fat fuck, as detailed in this blog and in publicly filed documents, Shanahan fired you for being stupid)

2. His second attorney has ignored him, failed to take legal advice from David (that's shocking) and has not pursued legal means to force either a speedy trial or a dismissal of the indictments. (WRONG again, as detailed here you're legal wranglings which you tried before and they didn't work and didn't work this time are the source of the delays)

3. His wife liquidated all the assets and skipped out on him leaving him indigent (and heartbroken so he fell into the arms of bubba) after his arrest created an opportunity, I mean hardship for her. 

4. He's faced intolerable conditions with the "denizens" who reside in the county jail leaving him sleeping on a hard floor for 2 hours a night and fearing for his life. (David is a card carrying racist, so it's particularly amusing to know he's in a facility that is 90+% black)

5. Wants to be a samurai and fall on his own sword (Didn't fat schmoo Derek get the sword collection?)

Hagen fires attorney and whines to judge

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Here's the most amazing fact. DAVID CAN STILL CUT A DEAL. Bryan Kos is a big fish and is still out there. There is the whole Chicago contingent from the Yadio fraud attempt (messr's Green, et al). There is the remaining Ed Ovsenik, Curtis Garth, Ivan Ivanov, Annette Louise Brown DeFusco Hagen group, and others too. There are the "advisors" and CFO's (the parade of co-conspirators) and more. 

David could have probably gotten a deal for 3 years and just rolled over on these other criminals. But, his ego and his lack of any real intelligence have made that unlikely. The US Attorney's office hates Hagen and are gonna see him put in jail for a long long time. Plus, we have the still sealed Mark Brecher plea agreement that is probably going to eat into David's marketability with regards his plea opportunities. 

David Hagen continues to be an enigma. Those of us here in this blog that knew him shake our collective heads in wonder. 

Meanwhile, his family lives with the shame and legacy that only time and (as in the case of Derek) a few donuts will cure.

GOVERNMENT WINS ROUND 2 versus HAGEN

The US Attorney has spanked down David Hagen's attempt at a "do over" for the statements and admissions in his plea agreement. See the previous posts here (dated 10/16, 10/19, and 11/26 among them) in the blog detailing how Hagen tried, had a flawed strategy, how the government responded and now is 2 for 2 in its recent dealings with Herr Hagen.

Now, not only are the affidavits from the banks, bankers and processors admissible as corroboration to the governments wire taps and documents, but David's own statements and admissions made freely and openly to try and cut a deal are also admissible.

In this final ruling, the plea agreement David freely entered into and signed on 10/22/2007, but then tried to take back (as document here he tried... and failed... once before with this tactic) is fully admissible in the proceedings in front of David. 

Note, no equivocation from the judge

"In sum, the parties reached a binding plea agreement. Defendant subsequently cooperated in furtherance of that agreement. Defendant refused to enter a plea of guilty. As a result, he breached the plea agreement, and in such a case, under the terms of the agreement, the government is entitled to use in its case-in-chief defendant’s admission of guilt therein and his debriefing statements."

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Note the "defendant subsequently cooperated..." above. Watch for the settlement now quickly moving ahead. And by "settlement" I mean watch him try and give up anyone and everyone he thinks would help get a lesser sentence.  (are you listening Ed Ovsenik, Curtis Garth and Ivan Ivanov?) 

In the words of the sainted philosopher Roberto Duran, "no mas." Quit now and get a deal Ivan, Ed, Curtis, Annette. David has shot his last feeble load, and, like most of his life, he was shooting blanks.