(Topic ID: 203700)

deeproot Pinball thread

By pin2d

6 years ago


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  • 33,432 posts
  • 1,148 Pinsiders participating
  • Latest reply 2 days ago by blueberryjohnson
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deeprootcapital-321-2024.02.27.pdf (PDF preview)
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SEC-140-2024.02.05.pdf (PDF preview)
SEC-139-2024.01.25.pdf (PDF preview)
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Topic index (key posts)

357 key posts have been marked in this topic, showing the first 10 items. (Show topic index)

There are 33,432 posts in this topic. You are on page 458 of 669.
#22851 2 years ago

Some small good news: I don't see Farewell Dinosaur Entertainment, LLC or Robot Dreams Entertainment, LLC named in the complaint. Safe to assume those projects remain full-speed ahead.

#22852 2 years ago

Sec used the term Ponzie.
RM now is in the world of Madoff.
Uuhhhg.
Raza is truly cursed.
Could be worse.....
Imagine the games were built, shipped, then the prosecutors tried to claw them back as assets.
To be sold to repay the original Deeproot investors.

Good for Nordman for getting the hell out when he did.

Good Grief!
What a mess!

#22853 2 years ago

Wow and I thought $44M was bad. It now appears $60M is gone, once you count in $2M of PPP loans. Universal Truth - Rich people don’t like it when a fund manager loses their money.

#22854 2 years ago

Damn J-Pop is like Ponzi Scheme Magnet

#22855 2 years ago

There's some serious petard hoisting on page 11. Robert's insistence that he and only he is in charge of and responsible for everything might not be such a good thing, after all.

#22856 2 years ago

1,2,3 graphic ripe for an update

https://deeprootfunds.com/
Screen Shot 2021-08-21 at 1.39.18 AM (resized).pngScreen Shot 2021-08-21 at 1.39.18 AM (resized).png

13
#22857 2 years ago

^^ Post of the century !! Damn, you found the smoking gun on the day filed by the SEC too. You Sir, are the Master.

40. This was not the only time Mueller cited to Policy Services in the 2019 versions of the PPMs for both Funds in an effort to convince investors that their assets would be safe in his care. In describing some of the risk factors associated with investing in life insurance policies, Mueller claimed that his use of Policy Services mitigated some of this risk: “[B]y using our ultimate parent company, [Policy Services], as our sole affiliated policy administration provider between us and the insurance carrier, we are unable to ‘raid the piggy bank’.” (emphasis added). Thus, Mueller falsely informed investors and prospective investors that deeproot and Policy Services were structured to minimize the opportunity for very kind of fraud that was actually then occurring.

#22858 2 years ago

If Ice is still in Hawaii, he can go throw lava rocks through Robert's ill gotten condo windows.

#22859 2 years ago

Do you think the handful of people in the RAZA preorder thread will still be in denial and think they are going to get games ? Or does this convince them it isn't happening. This really isn't a big surprise.

Yeah - RM " we have some legal stuff to clear up" or whatever he said on the last update.

#22860 2 years ago
Quoted from NoQuarters:

Do you think the handful of people in the RAZA preorder thread will still be in denial and think they are going to get games ? Or does this convince them it isn't happening.

Has anyone gone in that thread and let them know about this minor development yet!?

10
#22861 2 years ago

Lots of people always called Robert such a smart guy because me made all this money in his lawyering and investment businesses (it was just pinball where he struggled). Never seemed like a particularly smart guy in any respect to me!

#22862 2 years ago
Quoted from Dkjimbo:

Has anyone gone in that thread and let them know about this minor development yet!?

Yup it's there. Hard reality comes today. It's too bad though people were taken again. The pinball buyers portion though is small potatoes in RM's schemes.

#22863 2 years ago

I'm just ashamed I never found MB Hale Ohana Revocable Trust (though its online presence amounts to only this SEC doc). Familiar with all of the other entities named. Sorry for those I let down.

#22864 2 years ago

So for something like this, he cuts a plea deal and ends up in prison for how long?

#22865 2 years ago

Let’s all be bigger people.
Let’s all send Bobby pinball soap on a rope at his new home.
Cell block c.

#22866 2 years ago
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#22867 2 years ago

“There’s a sucker born every minute and two to take him.”
P.T. Barnum.

#22868 2 years ago

Dad and stepmom named as defendants, too - oof

24
#22869 2 years ago

Deeproot's next original theme...

Deeproot (resized).pngDeeproot (resized).png
10
#22870 2 years ago

Is my Raza tshirt worth anything?

#22871 2 years ago

Damn. Robert is so deeply rooted.

#22872 2 years ago

Why do bad things happen to good people?

#22873 2 years ago
Quoted from blueberryjohnson:

Dad and stepmom named as defendants, too - oof

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#22874 2 years ago

Damn you, Robert. I'm supposed to be asleep right now!

#22875 2 years ago

That guy was so damn smug in every interview he did, while he knew all along he was just a thief. I hope he gets Bernie Madoff time.

#22876 2 years ago

Thank goodness that Spooky stayed out and is not going down with the RM Deeproot Titanic.

#22877 2 years ago
Quoted from Scandell:

Is my Raza tshirt worth anything?

About as much as my Cosmic Carnival shirt.
Nada.

40
#22878 2 years ago

The sad part here is that there are a bunch of retired folks that have had their money taken from them. They are probably really screwed.
The folks here that are out some money will probably not be financially ruined.

#22879 2 years ago

Wow. This is way more nefarious than I expected. What a crook.

14
#22880 2 years ago

Ok Ben, it’s story time.

#22881 2 years ago
Quoted from Scandell:

Is my Raza tshirt worth anything?

ebay.com link: itm

Screen Shot 2021-08-21 at 2.09.42 AM (resized).pngScreen Shot 2021-08-21 at 2.09.42 AM (resized).png
#22882 2 years ago
Quoted from Wolfmarsh:Wow. This is way more nefarious than I expected. What a crook.

Not surprised at all.

#22883 2 years ago

I for one, am shocked.

#22884 2 years ago
Quoted from Rdoyle1978:

The owner is alleged to be an insurance scammer, isn’t he ? This is just a place for him to park losses for tax avoidance. No machine will ever come out of that office

I swore I’d never do this but I guess I failed. 3 years ago

#22885 2 years ago

I guess now I have to do the parking lot inspections

Screen Shot 2021-08-21 at 2.17.23 AM (resized).pngScreen Shot 2021-08-21 at 2.17.23 AM (resized).png

#22887 2 years ago

Somebody go wake up Kim and Ben. It just isn't the same here in the sewer without them two.

13
#22889 2 years ago
#22890 2 years ago

The term ponzi got said many times in this thread for years.

Screen Shot 2021-08-21 at 8.29.19 AM (resized).pngScreen Shot 2021-08-21 at 8.29.19 AM (resized).png
#22891 2 years ago
Quoted from thechakapakuni:

RIP Deeproot. Time of death 8/21/21 6:18AM Texas Tea Time

Why didn't anyone say anything , even someone like Ben Heck who had inside info , he could have warned everyone

#22892 2 years ago

defrauded two investment funds they advise and nearly 300 people who invested roughly $58 million in the funds

Yet people will still think Robert is good and they will get games. I will never support any company that hires Jpop or any company Robert is involved with.

42
#22893 2 years ago

Gavel tested

#22894 2 years ago

Macho pod incoming.

35
#22895 2 years ago

Does the complaint have an update on UL certification?

#22896 2 years ago

I think ex deeprooters can feel free to dish now. I think Robert will be preoccupied for a while.

#22897 2 years ago
Quoted from blueberryjohnson:

Does the complaint have an update on UL certification?

That's a good one.

#22898 2 years ago

Kaneda with the first podcast of the post-deeproot era: https://soundcloud.com/kanedapinball/breaking-news-deeproot-dead

15
#22899 2 years ago

The details in that SEC case are so much bigger than a numbskull screwing up a pinball company.

36
#22900 2 years ago

I win for having the most recent and last cease and desist from Robert (5/24/2021). Can anybody beat that?

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