Glyn Richards Back in the News

June 24, 2008

It seems that Glyn Richards was back in court on Monday… (Read the links below from the Courier Post and Inquirer). Many thanks to the investigators, local police, Camden County Prosecutors Office, the FBI, and the court, specifically, U.S. District Judge Renee M. Bumb, that raised Glyn’s bail to $350,000. (Takes a Bumb to know a BUM!!). These people work hard to make sure that people like Glyn Richards pay for their crimes. A big THANK YOU for all your hard work!

bsBUT!!?!?! How a person that is millions in debt, with no viable LEGAL income will make restitution to these victims is hard for me to fathom! Do not fall for more of Glyn’s stories, you are never going to see your $$ again. Your consilation prize is him in jail a very long time.

Recent News Links

Restitution OK’d in $20 million scheme
Cherry Hill Courier Post, NJ – 5 hours ago
By JIM WALSH • Courier-Post Staff • June 24, 2008 CAMDEN — A Haddon Heights man, accused of defrauding investors of at least $20 million, agreed to pay .

Haddon Heights man pleads guilty to fraud
Cherry Hill Courier Post, NJ
By JEREMY ROSEN Courier-Post Staff • June 23, 2008 CAMDEN – A Haddon Heights man charged last year with fraud for misrepresenting himself as a defense

Man pleads guilty in defense contract ponzi scheme
Philly.com
By Troy Graham A Haddon Heights man pleaded guilty in federal court in Camden today to scamming millions from investors who believed his company had a

Haddon Heights scam artist deserves a long prison term
Ponzi scheme architect should be given a lengthy sentence as punishment and to deter other would-be thieves.

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Glyn Richards Arrested Again

June 12, 2008

There were a few rumors last week via the blog that Glyn had once again found himself on the wrong side of the law. I got a few emails that he was arrested for driving a stolen vehicle. I searched the local papers, The Courier Post and the Philadelphia Inquirer, and found no mention of Glyn Richards, Glen Richards, Glenn Richards, or any remotely similar name. BUT, just this morning, I got an email that was kind enough to send me a scan of the article, and sure enough Glyn Richards was arrested again, and bailed out, again. I find that this arrest really creates more questions for me then it answers. (Questions like…How are people still posting bail for this guy, why does a paper that puts him on the SUNDAY COVER last year, not even mention his next arrest, why and how are people sueing him for property outside the investigation that is pending, etc. etc.?). But whatever. The Haddon Heights Shiester is once again facing arrrest charges.

Here is the article from the police blotter in local weekly newspaper “The Retrospect” from their June 6th edition.


Wesley Snyder: Another Ponzi Scam

May 30, 2008

Since I spend a load of time commuting, I listen to an awful lot of KYW 1060.  I “give them 22 minutes” as they say, and they “give me the world.”  22 whole minutes of it.  Basically what they give is what they conisder to be the top news events of the day.  National news, local news, and anything in between.  The last few weeks on more then one occasion, I have heard reports of another PONZI SCAM.  This one was in PA, (Montgomery, Chester, Berks, and Bucks Counties) and used mortgages as its scam.  It is alleged that Wesley Snyder has been an operator in a scam that was in the $40 million range before it collapsed.  Apparently Wesley Snyder, like our Glyn Richards, is not new to allegations of decieving investors.  The  88-page complaint in the Berks County Court of Common Pleas, by Attorney General Tom Corbett is at least the fourth lawsuit seeking restitution for victims of Wesley A. Snyder and his Berks County companies.  (Read full Philadelphia Inquirer story here.)

I will watch this closely as I know what these people are going through.  For those of you that love to speculate about the inner circle of a scammer and how they are held responsible, according to this story his wife and several employees are also facing a civil lawsuit.  I will also watch closely as I will be curious to see how the wheels of justice move in another state in regards to a ponzi scam.  Good Luck to those of you that were duped.


Nearing the Year…

April 10, 2008

Gett out of Jail Free Button
So maybe our pal Glyn Richards has a magic get out of jail free button? (Get out of Jail Free Cards are very 20th century!) Because as we close in on one year since his arrest he is yet to see any jail time.  Some people are losing faith in the criminal justice system, some even call out the FBI and CCPO in the comments section of this blog.  I have no control over the opinions that appear here, but I welcome each to their own opinion.  I am still of the notion that the wheels of justice move slow and that Glyn Richard’s time behind bars, BACK behind bars is coming.  Again, that is my opinion based upon nothing other then that, my opinion.

As far as the blog, I have very little time to monitor the comments, but I WILL REMOVE any that give addresses and phones of people.  Legally I’d like to keep that stuff out of here.   People have been very cooperative on that front, and for that I thank you.

I have also been called out as of late that the blog is “not factual.” The blog is opinions, testimony and venting that was designed to give the victims a forum and to warn potential victims that these criminals exist.  Glyn Richards, specifically, and people like Glyn Richard in general…they exist, you think they are your friend, and they will use that to rob you blind if you let them.   I never meant to insinuate , nor could I ever control, whether what people choose to post under their own names, or anonymously is factual.

I have heard on good authority that this blog has helped someone that had no idea of Glyn’s past criminal history become informed before someone they knew as “GLENN RICHARDS” hit them up for money they’d never see again.   Glen Richards, Glynn Richards, Glyn Richards, Glenn Richards, or GLENNIFER Richards when he is someone’s girlfriend in jail….BEWARE.  The guys got a spotty past with taking other people’s money!  On the surface you’d never think so, but consult the NJDOC, read the articles of his arrest, or read the victim’s stories, he’s done some bad things!

I look forward to more comments, more awareness being spread, more healing, and would love to get more victim’s stories…  All I ask is….

  • No Names for people that are NOT under arrest. Euphemisms are fine, no PROPER NOUNS.
  • No Addresses for people’s where abouts.  Feel free to trade them amongst yourselves, but not the blog.
  • No threats of his family.  We chose to let Glyn in our lives, they didn’t. Some of them are victims too.

Other then that?  Blog on everybody…  have a great summer!  Maybe we will get a nice LOSS of INDEPENDENCE DAY present this year and they will put Glyn away?


Glyn Richards Federal Update

December 31, 2007

So all has been quiet on the Glyn Richards front, but I have recieved a packet that the case is now in Federal hands. That may prolong the inevitable for Glyn Richards, but it will increase the liklihood that his time will be much stiffer, and much longer. Does it also increase the liklihood that the investigation gets much broader in scope and others may be in a little trouble with him? We’ll see. I can’t beleive all the government agencies that are now invloved, as per my victim packet, could mean anything other then that they are widening the investigation. Millions are unaccounted for and there are people that have been invloved for years. Common sense tells me that the wheels of justice move slow and that in a case of this complexity others will be called to answer for their involvement and that is the delay we have now; further investigation. It might not be as simple as Glyn Richards devised a Ponzi and carried it out. I really doubt it is that simple in the eyes of the investigators. He accepted monies out of state for instance, THAT adds a layer, he misrepresented government agencies, THAT adds a layer, oh and by the way he was surrounded by people that made some money that could have wittingly, or unwittingly aided in this whole process…THAT adds a layer. (How they reported or NOT reported that money could REALLY add a layer!).

SO, unlike the posts I have recieved about him, “getting away with it,” I instead think it is just a matter of the investigators getting all their ducks in a row. That is my opinion based only on conjecture. But I bought a ticket to the Glyn Richards freakshow in the form of phony investments, so I am entitled to an opinion. So are all of you and I welcome you to comment… I ask only that if you have comments about people other then Glyn Richards, you find ways to reference them other then their real names and definitely not their addresses! Just saves me some potential legal problems. Happy New Year. Don’t Buy any Wooden Nickels… any more I mean!  ha ha ha…


Courier Post Reactions & Discussions.

October 16, 2007

I will not invest with Glyn Richards

So Glyn Richards once again made it into the paper. It was a nice article and Jim Walsh did a really nice job. I was happy the blog got some press. That was my main goal of starting this blog. To make Glyn Richards findable on the web. I, like may others, searched for him before I invested and found nothing. Any information would have saved me and others like me that searched, $1000’s and $1000’s.

The article comments at the end gave voice to a lot of people that wanted to take anonymous pot shots about how dumb the investors are, how we got what deserved, we were greedy, etc. etc. I do not easily fathom how JOHN Q. PUBLIC reads a story about two teachers that get ripped off by an EX CONVICT with a rap sheet a mile long, and automatically choose to slam the victims of the crime and give the ex-con a pass. Fascinating.

But in the end, no comment is a bad one, and all comments serve what was my original purpose. MORE EXPOSURE for GLYN RICHARDS and his alleged crimes. The comments that call us dumb are just as effective, if not more, at keeping Glyn Richards highly visible and exposed. So, it sucks for people to call you stupid that you invested…No one likes that, but every keystroke positive or negative is worth it to keep the story where potential victims can find it. The biggest mistake people victimized by white-collar crime make is SILENCE. They get embarrassed and never speak of it again.

I took another route. I decided to tell as many people as I know, because I don’t want it to happen to anyone else. I am not embarrassed, or ashamed, or greedy, and I don’t want sympathy. I just want to make people aware. And I have.

So, here you go…comment away. Good, Bad or Different…they all serve the blogs purpose of keeping him exposed. It’s hard to scam people when you are this exposed…


Too Many Sleepless Nights

October 6, 2007

 

 

 

Never would I have believed that I was being duped by a friend that stood in my house and explained to me his business. Glyn’s explanations of how he started the DOD business were remarkable (or just stupidity on my part). My first question was why are you not going to a bank to secure a loan for this type of money. His response well the contracts are “no bid” and the money needs to go oversees quickly (going the bank route is to cumbersome). Not only knowing him and his wife through the school our kids attended and the sports I coached his son in, it was inconceivable that they would be scamming friends for money. But we all know how that ended up.

But what really kills me is the how this totally blindsided all of us and has caused financial and emotional damage to many families.

The thousands of dollars that have been stolen from my family and those closes to me have robbed us of opportunity. Opportunity that we have earned through hard, honest work. The stolen opportunities are countless- our children’s college tuition, retirement savings, home improvements, etc. This loss of money has forced my wife to return to work full-time. She has been working part-time for 7 years caring for our 3 children. Now she must return full-time to help cover the losses. As a result of this traumatic experience the choice for her to be at home caring for our children no longer exists. As the events have Read the rest of this entry »