Posts tagged Colorado Attorney General
Pikes Peak Ski Area is a Boulder Fraud case.
Nov 12th
The Resort at Pikes Peak was never going to open. According to the state of Colorado John C. Ball tried to sell securities illegally. They put a stop to him on the Pikes Peak Deal.
In his previous most recent deal gone bad, Ball also managed to skim all of the money out of Eller Industries, a Boulder based broadband company according to two of it’s main stock holders. That company was a pink sheet penny stock company which never produced anything, yet took investors for millions according to sources close to that company. Ball came in to help raise money for a second round, but sunk Eller further in debt. “He got paid, we lost everything” they said.
Pink Sheet stocks are notorious shells used to defraud investors. Companies like Eller were made famous in the movie Bolder room.
There are also questions about John Balls credentials not only as a businessman but as an engineer. Local media have covered this story with a lot of high hopes failing to see that the Pikes Peak Ski resort is just another stock scam.
There have been anonymous posts put up about Ball concerning another Ball company called Running Eagle. According to Scam Book Ball has taken loans out for this company and not repaid them.
Some Eller Industry Boulder stock holders who wished to remain anonymous told Boulder Channel 1 news on Friday that ” John Ball is a fake”. Much of Balls Linked in information could not be verified either.
Boulder Police, District attorney and Colorado Attorney General refused to comment on their investigations into John Ball fraud allegations, but one assistant AG did say “Our office gives theses kinds of cases the highest priority. It is the Lions share of our work. You would be amazed at the number of shady investment deals our office see.”
Actually, we wouldn’t. Boulder has been notorious for scams since Horace Greeley pitched a handful of bad investments concerning railroads in the 19th century. Boulder has seen its share of Gold and coal mine investments go bust too. We’ve had Oil well dusters for over 100 years. The Penny Stock scams of the 1980’s saw companies like NBI go bust. We had huge banking scandals in the 90s. The 2000’s saw Dot bomb busts such as Jared Polis billion dollar loser Blue Mountain Arts on line. It was sold to EXcite but 1000’s of small investors lost millions to Polis in the Excite stock deal. Polis walked away clean, even a hero, but Excite stock holders were ruined.
Some Boulder Billionaires scoff at Polis stock deals including Bob Greenlee former city council member and investor of numerous successful media ventures. Greenlee started the famous KBCO 97.3 in the 1980s. He sold it and then started other Radio stations, bought and sold media properties as well as restaurants and casinos. He has made a lot of people rich and has few losses in his portfolio. He happens to be a conservative Republican compared to Polis radical leftist leanings. Does this suggest that all leftists are crooks and republicans are ethical ?? Not by boulders standards. Leftists can do no wrong in Boulder. Alls fair in Startups and Stock scams There seems to be an ethics difference between those who run successful thriving companies Like Greenlee and Boulderites who create bad stock deals from the beginning.
Jo Pezzillo lost investors money in Go GaGa an ill conceived internet radio station. Pezzillo still prances around Boulder like a God, but he’s another guy with a losing track record with other peoples money. In his case he took some of Greenlees money as well as other VC money, but Go Ga Ga was a dud from the beginning. It is when the public is duped that scammy investments hurt most. Pezzillo still pushes himself in social media as a successful entrepreneur, but his records show a list of Start up failures including Metafly. Pezzillo represents hundreds of scammers who hustle money in Boulders coffee shops
VC’s can weather losses. But not everyone with money should be a VC. Current Start Ups pushed by Tech Stars have had their share of dry holes too. It is always the investors, the little guy, the husband and wife who put their hard earned money in these companies with hope of riches only to lose it that makes us wonder about Boulders start up craze.. Right now Brad Feld and David Cohen are Boulder darlings in the tech startup world. They are worth millions, but their high risk startups are funded by investors. Investors that Feld and Cohen have groomed into becoming Venture Capitalists. It is all a bit quirky. Will Tech Stars blow up too leaving investors burned?? The odds are in that favor.But Boulder always loves a good financial scandal and we never learn from them.
Our advice is watch your wallet and open investment accounts only with the most conservative of houses. Most of Boulders rich use Well Fargo Brokerage at the main branch on the Pearl Street mall. They have been in business there since the gold rush days and they don’t make wild investments.
In the end John Ball is in good company here in Boulder. He is just less skilled at conning investors.
CU expert: Preventing school violence is everybody’s job
Feb 29th
University of Colorado expert says
The tragic school shooting that occurred Feb. 27 at a suburban Cleveland high school is another reminder that communities can and must take action to prevent school violence, according to Delbert Elliott, a nationally renowned authority on school safety and juvenile violence at the University of Colorado Boulder.
“A key prevention strategy is good surveillance and good intelligence,” said Elliott, founding director of the CU-Boulder Center for the Study and Prevention of Violence. “We need to enlist our students, our teachers and our adults in the community to help us and ask them to notify the police or the sheriff if they see something unusual or have heard that something is about to happen.”
In 80 percent of the school shootings examined by the U.S. Secret Service, someone knew the event was going to take place, Elliott said. “Nationally, we know right now of a dozen or more events for which we got a tip and were able to intervene early so the planned event actually never took place, which is, I think, our very, very best security.” Some of these plans were on the same level of violence as the 1999 shootings at Columbine High School, he said.
In Colorado, there’s a toll-free Safe2Tell reporting system for students and others to call in anonymous tips about safety concerns, the result of collaboration between the CU-Boulder center and the Colorado Attorney General’s office. All tips are treated seriously, and when combined with other sources of information, often result in some kind of intervention. Since 2004, Safe2Tell has received almost 10,000 calls.
From 2004 through 2010, follow-up data indicate that 83 percent of all Safe2Tell incidents resulted in a positive intervention or action. These tips resulted in 415 formal investigations, 359 counseling referrals, 298 prevention/intervention plans, 324 potential suicide interventions, 312 school disciplinary actions, 74 arrests and 28 prevented school attacks.
“An equally critical key to security is to create a welcoming environment in which all students feel that they’re respected, that the rules are applied uniformly to all students, and students feel safe,” Elliott said. “When students feel that some children can get away with bad behavior and others can’t, and there’s bullying going on, that’s when kids feel like they have to take a weapon to school to protect themselves.”
After Columbine raised awareness of the need to prepare for school crises, school safety has improved nationally, Elliott said. In Colorado, the Legislature changed the law to allow schools, law enforcement and social services agencies to legally share information and every school in the state is now required to have a bullying prevention plan.
Any parent in the state can now go into their child’s school and ask to see what the bullying prevention plan is for that school and make sure that the school is following through with it, he said.
Every school, even those in rural areas, needs an “all-hazards” approach to crises that works for a variety of threats: fires, natural hazards, terrorist attacks, chemical spills, a shooter in the building or a hostage takeover, Elliott said. But most schools haven’t practiced these plans with a full response by police, SWAT, fire, victims’ services, mental health services and ambulances — all coordinated by a single command post.
As the responses to both Columbine and Sept. 11 showed, such drills are important because they reveal communications and other crucial response issues between agencies, he said. Such practices could be held on weekends without students being present, he noted.
Elliott also is concerned when school officials tell him that school safety is a lower priority for them than academic performance, that there is no space in their curriculum for an anti-bullying program.
“These two things should not be in competition with each other,” he said. “If you’ve got a problem with students feeling unsafe at school, you’re not going to improve academic performance because school safety is a necessary precondition for students to be able to concentrate and even to be willing to come to school.
“We argue that being safe at school and improving academic performance go hand in hand.”
Six percent of schoolchildren reported that they had not come to school on occasion because they were afraid of being threatened or assaulted according to the most recent Centers for Disease Control survey, Elliott said.
“Nevertheless, students are more likely to be a victim of violence away from school than at school by a huge margin,” said Elliott, who was the senior scientific editor of the U.S. Surgeon General’s Report on Youth Violence issued in 2001.
The Center for the Study and Prevention of Violence is part of the CU-Boulder Institute of Behavioral Science. For more information about the center visithttp://www.colorado.edu/cspv/.