Message from discussion
BANK FRAUD - Re: Baha'i technique of loan application
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From: avicenna9012...@yahoo.com
Newsgroups: alt.religion.bahai,talk.religion.bahai
Subject: Re: BANK FRAUD - Re: Baha'i technique of loan application
Date: 20 May 2005 09:44:12 -0700
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One correction= contributors (I made a spelling error)
On the issue of the Home for the Aged- it was closed due to its money
losing venture. In addition, it was a huge liability when the US NSA
tried to obtain loans. So, in Baha'i parlance, it was "good ridance".
Now, you recall that nursing homes in the US operate generally with a
huge profit- simply by billing their services to US- Medicare.
I am baffled that the omniscient-omnipotent- humanity loving US NSA and
its leader Robert Henderson were not able to find one competent Baha'i
to manage the nursing home and make a profit.
This worries me- as such an easy money making venture- was poorly run.
What else is poorly run in the Baha'i financial world? Well, all those
contributions are padded at will- and as in the New Mexico lawsuit and
the Phoenix embezzlement fiasco- the NSA of US basically tries to cover
up the audits.
Recall how well the NSA of US tried to run the Baha'i Travel Agency
back in 1992? Well, it ended up with a deficit of USD 1 million
dollars. This loss was covered up by the US NSA.
In the first place, what business does a non-profit Baha'i NSA have to
run a travel agency?
Do you know of the Vatican running their own airlines? Or the Muslims
having airlines approved by Muhammad? Or Jesus and Moses having their
own airlines and travel agencies?
So, the Baha'is throughout the world run businesses very poorly- partly
due to their Iranian background of "ZERANGI"- refer to the 1996 US NSA
publication regarding Iranian Baha'is- "ability to circumvent the laws-
as a sign of status and intelligence".
Yes, Iranian Baha'is make money throuh their connection with the boss :
UHJ. For example, when marble was quarried from Italy- it was done by a
Baha'i subsidiary. All those marvelous buildings in Haifa, Israel made
great amount of money for Iranian Baha'is who had direct supplier
connection with the UHJ.
These include suppliers of heavy equipment (Sabet), marble from Italy,
architectural designs (Amanat and Sahba), landscaping ,
electrical-sewer-ventilation-water-security, computers- IT,
advertisement,
photography, maintenance, funding through loans from wealthy Iranian
Baha'is in United Arab Emirates-Iran-Australia (Sunland Corporation).
Finally, many of UHJ-NSA investments in stocks are done by insiders-
such as the son of UHJ member Fatheazam. His son runs a company in
Chicago by the name of Vector Research.
-----------------------------------------------------------------------------------
SHAHAB FATHEAZAM
Managing Director
Shahab Fatheazam has over 25 years of investment banking experience
working in the healthcare and life sciences industries. From 1994 to
1999, Mr. Fatheazam was a Managing Director of Vector Securities
International, Inc. and joined the Prudential Vector Healthcare Group
in 1999 through the acquisition of Vector Securities by Prudential
Securities. Prior to Vector Securities, he spent 12 years in the
International Corporate Finance and Capital Markets Group at Kidder,
Peabody and four years at PaineWebber where he was a Managing Director
and Co-Head of PaineWebber Development Corporation. Mr. Fatheazam holds
an MBA from Columbia University in New York, and a BA and an MA in
history and anthropology from Cambridge University in England. Mr.
Fatheazam serves on the Boards of AcryMed, Inc., Artielle Immuno
Therapeutics, Inc., and Virogenomics, Inc.
Link: https://www.vectorsec.com/aboutvbase3.html
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So as you can see, there are a lot of people in the Baha'i faith making
money off the non-profit status of the UHJ-US NSA.
Henry