How is Rossi sleeping now, since Andrea Rossi et al. v. Thomas Darden et al., was dismissed?
Published on August 06, 2017. Rossi should be looking over his shoulder at every turn. We are sure Rossi knows it is just a matter of time before someone comes knocking on his door again and this time it won’t be the Nuclear Agency. How could you sleep soundly knowing your scam and swindle is now an open book for the whole world to see? First of all, let us state that nothing in this article is based on any private information from any source. These statements are our opinions based on publicly available information. We decided early on to wait until the trial was over to write anything about the case. Too much propaganda before trial on both sides, a trial is just a small, local, very ritualistic war. The pleading, motions and the trial itself are the individual battles. So on with the show. But as you will see it is very possible IH and friends could still get their money back even without filing a lawsuit, and even though they settled with Rossi in Andrea Rossi et al. v. Thomas Darden et al.
Oh, by-the-way for all of you folks out there trying to figure out who “randombit0” is, we will let you in on a little secret he is Giuseppe Levi. QED
Farce – A farce is a comedy or a light, humorous play that aims at entertaining the audience through situations that are highly exaggerated, extravagant, and thus improbable, in which the plot depends upon exploited situations and is lacking in character development.
Introduction to – The Andrea Rossi v. Thomas Darden Farce
It would be impossible for anyone to truly understand what the ARvs.TD lawsuit was all about without first knowing a little bit about the history of Andrea Rossi. Here is a very, very short history of Andrea Rossi.
- After leaving his family nest Rossi embarked on a life based on crime, fraud, con-artist and swindler.
- Rossi’s 1st con and swindle, the Petroldragon I scam: After obtaining a worthless patent application in Italy Rossi built a crude device that he claimed produced, oil, gas and coal out of garbage. Rossi obtained trash permits and started collecting hazardous waste from various companies. Rossi found that the taxes were to high and he couldn’t make any money off this scam. So Rossi shut his operation down.
- Rossi’s 2nd con and swindle, Petroldragon II scam:
- Rossi got some people to get the Italian legislature to pass a law just for him, that taxed his “crude,” the same as real natural crude oil. Now Rossi could make money on his venture.
- Rossi used books and newspapers to promote his oil-to-waste scam. Most written by others. Rossi knows full well the value of having others support his work. Rossi had honed this feature of his swindles to a fine art when he finally got to the e-cat scam.
- Rossi stated taking hazardous waste from many companies and began storing, burying, or just dumping it. After the complaints began the authorities put Rossi in jail and confiscated his properties. Rossi fought back and got released from jail and his property was returned to him. The only reason Rossi won here was because of the new law, and Rossi claimed that by the definitions in the new law his hazardous waste was not that at all but just “dirty crude.”
- One local court though charged Rossi with hazardous waste related crimes and sentenced Rossi to eight months in jail. Rossi fought these charges but after going all of the way to the Italian Supreme Court these charges were never dismissed, they are still valid today. If Rossi claims that he has never spent time in jail and if Rossi claims he has won every appeal for any charge or sentence against him relating to hazardous waste Rossi is flat out lying. No misstatement, no translation problem, no false accusation, just a flat out lie with the intent to deceive.
- Rossi was charged with various crimes relating to record keeping and taxes to which Rossi pled guilty. These also were never overturned, and are still valid on the books today.
- Rossi had to pay many hundreds of thousands of old Lire in fines.
- After the local Italian jurisdictions revised their local laws to conform to the required EU standards for pollution and hazardous waste, Rossi was once again charged with pollution related crimes, all of his permits were revoked, and all of his various properties were confiscated. Rossi was never able to get his properties back.
- Some of Rossi partners were also charged and pled or found guilty.
- Rossi was also charged with crimes related to gold smuggling. His codefendant pled guilty.
- Rossi then filed bankruptcy.
- After some shady deals with sham buyers Rossi was charged with crimes relating to fraudulent bankruptcy.
- While Rossi was on house arrest relating to all of the charges currently against him he fled the country to the USA in the 1990s.
- The various properties that were confiscated were given to the local jurisdictions. The cost to the taxpayers to clean up these properties went into the millions of Euros.
- There were over 300 companies illegally sending their hazardous waste to Rossi to store or dump. All of these companies were also charged with violations, with the majority pleading guilty and paying fines, etc.
- In the home of organized crime, Italy, money can buy a lot of injustice. Rossi was able to have almost all of his charges for environmental crimes dismissed for various reasons.
- In 2000 while on a trip to Italy in relation to his “DOD/DOE Thermoelectric Scam” Rossi was arrested and sentenced to eight years in prison for fraudulent bankruptcy. This sentence has never been overturned, is still on the books and still valid today.
- Rossi disappeared from public view from 2000 till 2007 when he approached the scientists to start his e-cat scam. This matches his eight year sentence, with time off for good behavior. No one has ever published any documents to challenge our claims, including Rossi himself.
- Rossi’s 3rd con and swindle, the “DOD/DOE Thermoelectric Scam”:
- When Rossi fled to the US while on house arrest in the 1990s he tried various ventures with none of them working out. There were ideas such as starting a Petroldragon scam in the US. A different patented process using liquid lead, etc. None of these ideas materialized.
- In the mean time Rossi had been working with many different people in the field relating to “clean energy.” Rossi found out there was a lot of money to be made in this field especially from the US federal and state governments.
- It was during this time Rossi teamed up with some people and started his “DOD/DOE Thermoelectric Scam.” Here is how he did it.
- Step #1: Rossi filed for a patent application using Axil Axil like gibberish. Rossi or no one else ever built any devises based on the patent application.
- Step #2: Rossi purchased some working commercial solar electric panels which worked at the usual 3-4% efficiency from a US company.
- Step #3: Rossi cobbled all of the thermoelectric modules he purchased into a larger device about one foot square.
- Step #4: Rossi went to the University of NH and got them to put his one and only device onto a boiler. The maintenance men kept a log of the variables over a time. This or another log book was given to the director who then wrote up a glowing report stating that Rossi’s device worked with a conversion efficiency of 16-20%. There were many different ways Rossi could have scammed the testing at UNH and in getting the final report, but that is for another story.
- Step #5: Using this phony report from UNH and his patent application, Rossi teamed up with some people and started obtaining money from the DOD/DOE.
- Step #6: Rossi made all kinds of totally false claims in this scam. Rossi claimed that they had a robotic factory which was making the devices at a very low cost. NOT TRUE. Rossi claimed there was a fire which destroyed his factory. NOT TRUE.
- Step #7: Rossi’s partners were still promoting this scam to those in the US government even after Rossi had been arrested and was sitting in jail in Italy.
- Step #8: All told it cost the US taxpayer millions of dollars, and all they got for it was a report any high school student could do; about what a great thing it would be IF they had a device that was 16-20% efficient. Oh yes, and the taxpayers received a handful of devices put together by Rossi’s partner in Italy, (was it Rossi’s plumber or Levi?), which were made with reject parts purchased from Russia. None of which worked as claimed or not at all.
- Rossi’s 4th con and swindle, the E-cat scam:
- Rossi himself admits that it was while sitting in prison after his arrest in 2000 and his eight year conviction that he came up with the idea for his next con, scam and swindle the e-cat.
- The e-cat is a non-working prop that Rossi claims is a free energy device that uses cold fusion/LENR. Rossi claims that this device is so wonderful that it can run on its own with no energy input for hours and days producing from 6 up to 2000 COP. Rossi says COP is the ratio of energy in versus energy created. Of course with no energy input the COP by his calculation would be infinite but let’s not quibble.
- Rossi could not have found a better field for a new scam outside of Wall Street or the financial sector. The cold fusion field was ripe for someone to come along and make a huge claim. In fact the field needed something like this so bad that almost everyone working or following that field went into some kind of mind fog after Rossi’s first dog and pony show.
- But it was even worse than not being able to think clearly, because many of the same people working, writing and talking cold fusion/LENR were the same people following and promoting other free energy frauds and scams, too numerous to mention now. In fact Rossi’s main promoter who wrote more articles about Rossi and his e-cat than any other person was Sterling Allan, see our other articles about Allan. Allan was the promoter of more free energy frauds and scam than any other person on the planet.
- How did Rossi pull off this new e-cat scam? Here is how he did it.
- Step #1: Applied for a patent application. See a pattern here?
- Step #2: Got a retired scientist who had worked on cold fusion/LENR, but never was able to make it work to be his partner. Rossi was able to do this by putting on demos for his new partner that his partner took as factual without doing any real scientific testing himself. And it did not hurt that Rossi claimed to be using similar materials and methods his new partner had also used in his work. And Rossi always claims there is some secret component.
- Step #3: Put on a demo and make sure it gets talked about all over. When people complained about the methods and equipment used Rossi would never repeat the same demo twice to fix the issue, he would always come up with a different demo with different problems of course.
- Step #4: Just like in Petroldragon Rossi found gullible people in the media to gush all about his marvelous new invention.
- Step #5: Sell licenses. It is clear that when you are running a scam with no product to sell you have only three choices; 1) Keep getting more funding for “research”; 2) Sell stock. That method is used today only by the most brain dead of scammers. See article on Rohner; 3) Sell licenses. This has become the preferred method used by free energy scammers today.
- Step #6: Rossi would never go looking for licensees he would always let them come to him. That alone puts him in the driver’s seat. Rossi would make them feel like it was XMAS and he was Santa. Rossi would also screen his licensees very carefully. He had to because he had no product and that meant his licensees didn’t either. Rossi always heavily promoted that the best way for his licensees to make money was to sell sub-licenses. Rossi would also always test his licensees to see if they had a larcenous streak in them. Rossi could tell what he wanted to know even if it was silence on their part.
- Step #7: Rossi continued putting on demos, changing it each time, until he realized that more and more people were on to his scam so he decided not to put on any more demos. Instead of helping his demos were starting to actually hurt his game.
- Step #8: Put on shows at symposiums. Rossi put on three shows like this. One was for Defkalion trying to raise funds, where many people from the media and government were there. One was in Italy when he snagged his Italian licensee. And one was in 2012 when he put on the show in Germany. This was the show that JT Vaughn attended.
- Step #9: Rossi would always claim close associations with universities and companies that did not exist. Here are two there were more. The university in Italy had to issue two statements distancing themselves from false claims being made by Rossi. The company NI issued very clear statements that they were not designing and building controls for Rossi’s e-cat like he was claiming.
- Step #10: Rossi was and still is constantly making false claims about everything to do with his scam. For instance Rossi’s statements about the “science” behind his prop is constantly changing. When Rossi was falsely claiming to be making and selling e-cats in Florida, and the Florida Nuclear agency came knocking on his door based on his claims, Rossi told them he wasn’t making anything in Florida and his devices didn’t do anything bad anyway. So Rossi then changed his story about how the props were making all that fake heat.
- Step #11: What did Rossi do when his licensees found buyers for his 1MW “plants”? Rossi just told them their license was revoked because they had sold any “plants” earlier per the contract. Stop and think about that for a moment. Rossi had been saying all along that the market would prove his devices worked as claimed. Rossi had received hundreds of thousands of dollars for his licenses he had sold. Then when it came time to really start selling them and making billions Rossi ran away.
- Step #12: Waiting for the big one to bite. Rossi had been saying for years that he wanted to sell the rights to the e-cat for $100 million. All of the cheaper licensees were fine for day to day living and putting gold away for a rainy day. But Rossi new that he had nothing and he wanted one last big score, then he was going to disappear. Rossi has property all over the world, and millions of dollars worth of precious metal stashed away. Rossi was just waiting for his whale.
- Step #13: Rossi fatal mistake, taking on IH. We predicted this read our earlier articles. Let’s see: 1) Darden is a friend of the President of the US. 2) Darden has many other friends both past and present in the Government. 3) Darden has many friends in the business world. 4) Darden owns a $2 Bil public funded investment fund and he must clear up any lingering bad publicity relating to his involvement with the swindler and conman Rossi. The lawsuit did hit most of the financial and legal newswires.
- And Rossi? Let’s see: 1) Rossi has Frank Acland. 2) Rossi is supported by Mats Lewan. 3) Of course Rossi has a lot of academics on his side, but what would they say if the FBI or the EU equivalent would come knocking on their door? 4) Rossi has nothing to protect, he already is a convicted felon who spent many years in prison.
Scene #1 – The Andrea Rossi v. Thomas Darden Farce
What Rossi does not understand is that in the USA all it takes is one influential person to make a complaint and that is all that is required to bring the house of cards tumbling down.
For instance, consider the John Rohner, Papp engine fraud. Even though Rohner had over 100 “investors” all it took was a medical doctor with a bunch of clinics to file a complaint with the FBI and now Rohner is living outside the US because there is a warrant for his arrest. Plus he lost his business and all of his property worth anything, and is living on SS. A judge has issued a final order for Rohner to pay about $3 million, or he can be held in contempt again.
IT IS HEREBY FURTHER ORDERED, ADJUDGED, AND DECREED that Defendant Rohner is liable, jointly and severally with the Corporate Defendants, for disgorgement of $1,822,825, representing identified ill-gotten gains received as a result of the unlawful conduct found by the Court, together with prejudgment interest thereon in the amount of $411,100.48, for a total disgorgement of $2,233,925.48. Defendant Rohner is liable for a civil money penalty of $750,000, pursuant to Securities Act Section 20(d)(1) [15 U.S.C. §77t(d)(1)] and Exchange Act Section 21(d)(3) [15 U.S.C. §78u(d)(3)]. Defendant Rohner shall satisfy these obligations by paying $2,983,925.48 to the Securities and Exchange Commission within 14 days after entry of this Final Judgment. Dated: July 13, 2017.
And for all of the Rossi lovers out there consider this one small thing. There is one thing that everyone is forgetting in their analysis of why IH would settle in the way it went down. Listen to this.
Here is only one law that may apply to what Rossi is doing or has done.
This is a Florida law
(2) SHORT TITLE.–This section may be cited as the “Florida Communications Fraud Act.”
(3) DEFINITIONS.–As used in this section, the term:
(a) “Communicate” means to transmit or transfer or to cause another to transmit or transfer signs, signals, writing, images, sounds, data, or intelligences of any nature in whole or in part by mail, or by wire, radio, electromagnetic, photoelectronic, or photo optical system.
(b) “Obtain” means temporarily or permanently to deprive any person of the right to property or a benefit therefrom, or to appropriate the property to one’s own use or to the use of any other person not entitled thereto.
(c) “Property” means anything of value, and includes:
Real property, including things growing on, affixed to, or found in land;
Tangible or intangible personal property, including rights, privileges, interests, and claims; and
(d) “Scheme to defraud” means a systematic, ongoing course of conduct with intent to defraud one or more persons, or with intent to obtain property from one or more persons by false or fraudulent pretenses, representations, or promises or willful misrepresentations of a future act.
(e) “Value” means value determined according to any of the following:
1.a. The market value of the property at the time and place of the offense, or, if such cannot be satisfactorily ascertained, the cost of replacement of the property within a reasonable time after the offense.
The value of a written instrument that does not have a readily ascertainable market value, in the case of an instrument such as a check, draft, or promissory note, is the amount due or collectible or is, in the case of any other instrument which creates, releases, discharges, or otherwise affects any valuable legal right, privilege, or obligation, the greatest amount of economic loss that the owner of the instrument might reasonably suffer by virtue of the loss of the instrument.
The value of a trade secret that does not have a readily ascertainable market value is any reasonable value representing the damage to the owner, suffered by reason of losing an advantage over those who do not know of or use the trade secret.
If the value of property cannot be ascertained, the trier of fact may find the value to be not less than a certain amount; if no such minimum value can be ascertained, the value is an amount less than $300.
Amounts of value of separate properties obtained in one scheme to defraud, whether from the same person or from several persons, shall be aggregated in determining the grade of the offense under paragraph (4)(a).
(a) Any person who engages in a scheme to defraud and obtains property thereby is guilty of organized fraud, punishable as follows:
If the amount of property obtained has an aggregate value of $50,000 or more, the violator is guilty of a felony of the first degree, punishable as provided in s. 775.082, s. 775.083, or s. 775.084.
If the amount of property obtained has an aggregate value of $20,000 or more, but less than $50,000, the violator is guilty of a felony of the second degree, punishable as provided in s. 775.082, s. 775.083, or s. 775.084.
If the amount of property obtained has an aggregate value of less than $20,000, the violator is guilty of a felony of the third degree, punishable as provided in s. 775.082, s. 775.083, or s. 775.084.
(b) Any person who engages in a scheme to defraud and, in furtherance of that scheme, communicates with any person with intent to obtain property from that person is guilty, for each such act of communication, of communications fraud, punishable as follows:
If the value of property obtained or endeavored to be obtained by the communication is valued at $300 or more, the violator is guilty of a third degree felony, punishable as set forth in s. 775.082, s. 775.083, or s. 775.084.
If the value of the property obtained or endeavored to be obtained by the communication is valued at less than $300, the violator is guilty of a misdemeanor of the first degree, punishable as set forth in s. 775.082 or s. 775.083.
(c) Notwithstanding any contrary provisions of law, separate judgments and sentences for organized fraud under paragraph (a) and for each offense of communications fraud under paragraph (b) may be imposed when all such offenses involve the same scheme to defraud.
And of course you have the Federal mail and wire fraud laws.
18 U.S.C. 1343—Elements of Wire Fraud
The elements of wire fraud under Section 1343 directly parallel those of the mail fraud statute, but require the use of an interstate telephone call or electronic communication made in furtherance of the scheme. United States v. Briscoe, 65 F.3d 576, 583 (7th Cir. 1995) (citing United States v. Ames Sintering Co., 927 F.2d 232, 234 (6th Cir. 1990) (per curiam)); United States v. Frey, 42 F.3d 795, 797 (3d Cir. 1994) (wire fraud is identical to mail fraud statute except that it speaks of communications transmitted by wire); see also, e.g., United States v. Profit, 49 F.3d 404, 406 n. 1 (8th Cir.) (the four essential elements of the crime of wire fraud are: (1) that the defendant voluntarily and intentionally devised or participated in a scheme to defraud another out of money; (2) that the defendant did so with the intent to defraud; (3) that it was reasonably foreseeable that interstate wire communications would be used; and (4) that interstate wire communications were in fact used) (citing Manual of Model Criminal Jury Instructions for the District Courts of the Eighth Circuit 6.18.1341 (West 1994)), cert. denied, 115 S.Ct. 2289 (1995); United States v. Hanson, 41 F.3d 580, 583 (10th Cir. 1994) (two elements comprise the crime of wire fraud: (1) a scheme or artifice to defraud; and (2) use of interstate wire communication to facilitate that scheme); United States v. Faulkner, 17 F.3d 745, 771 (5th Cir. 1994) (essential elements of wire fraud are: (1) a scheme to defraud and (2) the use of, or causing the use of, interstate wire communications to execute the scheme), cert. denied, 115 S.Ct. 193 (1995); United States v. Cassiere, 4 F.3d 1006 (1st Cir. 1993) (to prove wire fraud government must show (1) scheme to defraud by means of false pretenses, (2) defendant’s knowing and willful participation in scheme with intent to defraud, and (3) use of interstate wire communications in furtherance of scheme); United States v. Maxwell, 920 F.2d 1028, 1035 (D.C. Cir. 1990) (“Wire fraud requires proof of (1) a scheme to defraud; and (2) the use of an interstate wire communication to further the scheme.”).
More importantly and what everyone does not know is that IH and friends could still get their money back.
Without filing any lawsuit on their part, which is barred by the case dissolution and final court decree anyway.
Is this one of the factors IH and friends used in their determination to settle?
If Rossi and friends are charged and found guilty of Federal wire/mail fraud, restitution is mandatory.
Mail and Wire Fraud: A Brief Overview of Federal Criminal Law
Congressional Research Service
It is a federal crime to devise a scheme to defraud another of property, when either mail or wire communications are used in furtherance of the scheme, 18 U.S.C. 1341, 1343. Mail or wire fraud includes schemes to defraud another of honest services, when the scheme involves bribery or a kick back, 18 U.S.C. 1346; Skilling v. United States, 130 S.Ct. 2896 (2010). In order to convict, the government must prove beyond a reasonable doubt that the defendant (1) used either mail or wire communications in the foreseeable furtherance, (2) of a scheme to defraud, (3) involving a material deception, (4) with the intent to deprive another of, (5) either property or honest services.
Offenders face the prospect of imprisonment for not more than 20 years, a fine of not more than $250,000 (not more than $500,000 for organizations), an order to pay victim restitution, and the confiscation of any property realized from the offense.
Misconduct that constitutes mail or wire fraud may also constitute a violation of one or more
other federal crimes.
And from another source.
U.S. courts must order restitution for federal fraud crimes committed after April 24, 1996, regardless of the defendant’s ability to pay. The court sets the amount of restitution, the order in which victims will be paid (if there are multiple victims, usually those with the most pressing financial needs are paid first), and conditions for repayment.
And from yet another source.
What is the applicable law regarding restitution?
Title 18 U.S.C. § 3663A mandates restitution to victims in nearly all white collar cases.
It provides that “the court shall order … that the defendant make restitution” for any offense against Property under Title 18.2 This includes crimes of racketeering, telemarketing fraud, mail and wire fraud, health care fraud, bank fraud, and securities fraud.
The general conspiracy statute within Title 18 can also draw a non-Title 18 offense within the
mandatory requirements of § 3663A. Under the statute, a victim is a person or entity that is
“directly and proximately harmed as a result of the commission” of the offense.
Section 3664 and Fed. R. Crim. P. 32(c) address the procedure regarding restitution. They direct the government, at least 60 days prior to sentencing, to consult with all identified victims to obtain a restitution amount and to provide that information to the probation officer. The probation officer then must provide notice to the victims of the offense of conviction, the amount of restitution, the date of the sentencing hearing, and the availability of a lien. The officer also must inform victims of the chance to submit additional loss information through a provided affidavit.
So the $64,000 question is – did IH and friends file any criminal complaints with the federal authorities against Rossi and friends? Because of the multi-state, multi-country nature of Rossi’s e-cat scam any complaints of any kind should have been filed by IH and friends at both the state and federal levels. We don’t know if this was done. But we can only hope Rossi and friends reap all the fruit of their frauds, swindles and scams. They have been planting seeds for quite a few years now. It’s time to reap the harvest.
We are not surprised by the fact that Rossi and friends have not been indicted and charged yet. In case Rossi reads this we don’t want to give him any heads up about certain things, so the following will be necessarily cryptic. But when there is a major investigation concerning a case like this there are certain things going on behind the scene that the investigators will need to finalize to protect the interests of all involved before any arrests are made. Rossi and friends won’t even know what is happening or see it coming.
Scene #2 – The Andrea Rossi v. Thomas Darden Farce
We were not surprised at all when first learning of the Andrea Rossi et al. v. Thomas Darden et al., lawsuit.
Why is that you ask? Well stop and think about it for a little while.
When Rossi was sitting in prison in Italy hatching up his e-cat swindle and fraud scam, he was very angry at the fact he had been so stupid to let himself get into this situation. So Rossi determined that this time around he would plan his new scam in such detail that every foreseeable situation would be thought out well in advance. Rossi didn’t want any surprises this time around. Rossi has kept his e-cat scam going since 2007, its 2017, ten years for a running scam is a record for Rossi.
Rossi was thinking to himself what do I have to do to make this scam work.
Here is Rossi’s thought processes while he was sitting in prison:
- I will create a free energy scam, since I already have experience in that field.
- I will create a prop based on cold fusion/LENR because that field is ripe for a messiah. And I will have no competition.
- The first step will be to get a patent application going.
- The second step will be to get some Italian professor/s to verify my claims with my phony non-working device. People like to tell the story about how this happened with Focardi. In reality though what Rossi was doing was trying to find any flaws in his presentation of the e-cat prop. Would someone sitting in the audience see how I changed the frog into an elephant?
- I will let my friends and others who hear about my work promote my work for me.
- I will also start a phony blog and get people to think it is a real science website.
- I had such a great success with the “DOD/DOE Thermoelectric Scam” I will go for US government funding first of all. Those people in the US government has an unlimited source of funding for things like this and they will throw money at anything in the hope it will work. (Rossi tried in 2010 to obtain $100 million from NASA and the DOE, which failed of course.)
- If I cannot get the money from the US government I will have to go another route.
- I know, I will sell licenses, that is how almost all of the successful free energy scams are making money these days.
- Now let’s see, what is going to happen when I sell a license and the licensee finally figures out that they have nothing to sell, because the e-cat is just a non-working prop.
- OK, I know, I’ll tell them the best way for them to start making money right away is to sell sub-licenses. This will do two things, first, hopefully they will make their money back so they won’t come after me, and second, that makes them a party to the scam itself. I will tell them if they do anything they will be charged along with me.
- But what am I going to do if the licensee finds a buyer? I know I’ll just keep gradually improving my e-cat prop by changing the design and/or specifications, that way I can always convince them to hold off a little while longer. Time is the god send of a scammer. That is what they all are always going for, more time. They need that time to stay out of jail and to get money from more suckers/marks.
- If all else fails and a licensee is really threatening going to court then I will refund his money with new money from new licensees, the old Ponzi scheme.
- But wait a minute I must think of everything. What if a licensee never sells a sub-license? What if that licensee determines that the e-cat really is a prop? What if I don’t have the money to buy back their license?
- These are just a few of the hundreds of details Rossi was able to work out while sitting in prison.
As you can see Rossi had years to work out the details of his scam and what he would do in each and every situation he could imagine.
Rossi knew that there was always a chance that a licensee would take him to court. Rossi had already been threatened by some of his earlier licensees when they had buyers and Rossi would not sell them any of his 1MW phony e-cat props for $1.5 million each. Rossi is well aware that selling a non-working prop disguised as the real thing puts him on a straight path to the slammer. This was years ago.
Rossi thought that after he had tested IH and friends, they would be OK with helping him run his scam as a partner, remember Rossi’s claim concerning Hydrofusion, and how he had fooled them. That didn’t happen that way, Rossi just told IH and friends that to see what their reaction would be. There were other tests Rossi used with IH and friends and Rossi thought by their reactions he was safe in trying to get them to go along with his farce.
Rossi clearly misread his marks this time around. Rossi knew that his only chance, if he had any at all, was to file the first salvo. So the beginning of the lawsuit.
We knew while watching the farce of the year long test that this was not going to end well.
And the Rossi farce is far from over as all will see in the coming months and years.
Stay tuned for more scenes in “The Andrea Rossi v. Thomas Darden Farce”