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Reply #21: Skyway, Red Sea Management and Pastrani's Vanish on Demand [View All]

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DrDebug Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jun-16-06 02:59 PM
Response to Reply #20
21. Skyway, Red Sea Management and Pastrani's Vanish on Demand
Edited on Fri Jun-16-06 03:08 PM by DrDebug
At least the story will be sourced now...

Mel Martinez endorsed Skyway
Who were in Skyway:
Skyway's investors consisted of 24 Kuwaiti and Saudi nationals, and a group of 90 shareholders in Kentucky who thought that Skyway would protect airplanes from terrorism (1). The Kuwaiti want $100 million for Skyway as an additional bonus and they were brought into the scheme by Nazar Talib, an Arkansas securities dealer (2)

Skyway had political support from ex-Cuban Senator Mel Martinez (Florida, Republican) who was the previous Secretary of Housing and Urban Development under President George W. Bush. (13)
The political support from Tom Delay was mainly words and I agree with Cannonfire that it was more a political speech and I can't find a direct connection. (11)

Skyway have been in "secret" talks with Corban Networks (14) to start again since Feb. 14, 2005 and Ray Powers from Corban Networks joined to company on April 24th (5)

On Nov. 28, 2005 Kovar was talking with original Arab investors, and "the end result is it's going well." (1)


The actual Skyway Booth
What was in Skyway:
  • One 1989 Cessna 172 (4)
  • Two 1966 MD-DC-9s (4)
  • A fleet (number unknown) of Humvees (3)
  • Some fake displays (6)

    Red Sea Management
    The non-existing DuPont investment was registered on the same address as Red Sea Management (5) and even though they didn't exist, they gratiously donated a plane to Skyway (7).

    Red Sea Management is a dubious off-shore specialist which is operated by David Ricci. He only operates by referal and doesn't do anything for clients with less than a quarter of a million to spend. (9)

    They are engaged in the business of setting up off-shore asset protection structures. At the same address 21 accounts where opened by Stephen Taub and David Ricci was one of the three people who could trade with it. Stephen Taub referred also Rakesh Saxena to Red Sea Management. (7, 8)


    Uri Geller and Khashoggi

    Stephen Taub was under investigation for a lot of inside market manipulator (8) for big players like David Ricci, Rakesh Saxena, Rafi Khan and Amador Pastrana. (7)

    Rafi Khan was making a lot of money with Khashoggi's GenesisIntermedia on 9/11 (12)

    Pastrani's collapsible companies
    Pastrina is a strange guy since he works with collapsible companies.

    Indeed, Pastrana, who is said to head a global network of "collapsible" companies that hype nearly worthless stocks to gullible investors and then just suddenly close shop months later, remains free to enjoy the billions of dollars he is reported to have earned in the few years that he has been in business. (10)

    Citing an FBI dossier, the reports said the "perpetrators" of the scam were "Manila- and Los Angeles-based Amador A. Pastrana, the 'mastermind of the operations' and US citizens Regis Possino and Sherman Mazur," as well as prominent Saudi arms merchant Adnan Khashoggi. (10)

    Does this proof that Khashoggi is involved?
    No, because this is a very indirect link, however duPont investment and Lantex seemed to have worked together and duPont investment was a collapsible company. Just like the kind of companies which Pastrani seems trade in.

    Sources:
    1. http://www.bizjournals.com/tampabay/stories/2005/11/21/story7.html
    2. http://www.bizjournals.com/tampabay/stories/2005/10/03/story2.html
    3. http://www.bizjournals.com/tampabay/stories/2005/10/03/story1.html
    4. http://www.bizjournals.com/tampabay/stories/2005/08/29/story2.html
    5. http://web.archive.org/web/20050323055323/http://www.our-street.com/swyc.htm (no longer online)
    6. http://www.google.com/search?q=cache:ChMgWfgmXJ0J:www.our-street.com/swyc/wheelscominoff.htm+ct=clnk&cd=1 (no longer online)
    7. http://www.alabamaagainstfraud.com/phpBB/viewtopic.php?t=138
    8. http://www.ida.ca/Files/Enforcement/HearingAndParticulars/HP200510210_en.pdf (official document)
    9. http://www.alabamaagainstfraud.com/phpBB/viewtopic.php?t=83
    10. http://www.pcij.org/stories/2002/pastrana2.html
    11. http://cannonfire.blogspot.com/2006/04/tom-delay-appointee-involved-in-drug.html
    12. http://www.sbindymedia.org/newswire/display/3334/index.php
    13. http://www.sourcewatch.org/index.php?title=Mel_Martinez
    14. http://www.marketwire.com/mw/release_html_b1?release_id=85327
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