From Madoff on Wall Street to Stokes in Oklahoma

The scheme will collapse under its own weight as investment slows and the promoter starts having problems paying out the promised returns (the higher the returns, the greater the chance of the Ponzi scheme collapsing). Such liquidity crises often trigger panics, as more people start asking for their money.? They the Con man often take in riddles to try and confuse the victims into believing that they just don’t understand the jargon.? These are all smoke-screens! The scheme is exposed because the promoter fails to payback the high investments, and no longer?can “rob Peter to pay Paul”.

Will Soon Be Facing Federal Charges (he had for years been paying returns to certain investors out of the principal received from other, different investors): From Bank Fraud, Insurance Fraud, Using Federal Banks

For years there has been whispers on the Internet about Mike Stokes??s.? Whether he was a?legitimate self-made millionaire, or was he a fraud.? Today you will have the exclusive opportunity to play Detective for American’s Finest “The FBI”, and conclude your own opinions.? Give us your truthful testimonies, facts, dates of?investments and?exactly what you think.

No one knew who this man really was since he carefully hid behind post office boxes, aliases, different credit cards, fake accounts, social security numbers?even to include?several different physical?addresses.? No one really has known anything about this man, nor if his real name is ?Mike Stokes.

Crimes Of Insurance

His alleged?use of ?insurance companies with an Internet Online and Offline Ponzi Scheme that reaches across America and possibly abroad for over 10 years!

AKA

Mike Stokes allegedly has several alias such as ??Stephen?? Stokes, ??Steven?? Stokes and many others. His sloppy, but very clever Ponzi operation that has been ??Ripping Off?? people for the longest time is just about to come to a close.

Let’s carefully examine the Mike Stokes alleged Ponzi Scheme in Oklahoma, which continues to grow and flourish as pressure from the past victims are demanding their return of investments.

An overview of?Mr. Stokes’?Ponzi scam is as follows:? Mr. Stokes advises a potential investor (communication via: phone call, skype, email, text message, webinars) about his “so called” millionaire status, his steel fabrication firm, his restoration firm, his alleged insurance connections with State Farm, Allstate and more were to lure the victims to believe powerful investments, high returns and his connections were legitimate. Currently under investigation, it is believed there were never any such accounts during the time of these fraudulent actions on his part.

He claims to be connected with several insurance companies throughout the US.? He claims he has been doing this for many years and posses a lucrative payoff to these prospects.? Needless to say these?victims are investing in a Ponzi Scheme which will later be determined by his State Evidence and Federal court.

Restoration Firm | Steel Plant

The synopses of this Ponzi scam is Stokes would advise a potential investor (communication via: phone call, skype, email, text message, webinars) about his so called millionaire status, his steel fab, his restoration firm, his alleged insurance connections with State Farm, Allstate and more were to lure the victims to believe powerful investments, high returns and his connections were legit.? Currently under investigation there really weren’t any such account during the time of these fraudulent accounts.

Defrauding Insurance Companies - Don’t Fall Victim!

“So what do you do for a living?”?Then he explains to his victims that he?has strong connections with?seveal of?the countries major insurance companies.? He claims he has been doing this for many years and proposes a very lucretive payoff to?his victims.? Needless to say these victims have/are investing into a Ponzi Scheme which will be later determined by?states evidence and federal court to?include embezzlement, securities fraud, misuse of federal reserve accounts, credit card fraud, social security fraud, all carrying felony charges.

INNOCENT Until Proven?GUILTY in a US Court of Law!