Tag Archives: Bridgewater Capital

Eric Noveshen Seeks to Conceal his Fraudulent Business Activities

Eric Noveshen anti freedom of speech

Eric Noveshen, a great divisor of financial schemes, a great vexatious litigant, a great manipulator of Florida foreclosure laws to attain free housing, a great, to sum it up a great fraud – is seeking to have this website and any others exposing his financial scams taken down.

Noveshen demands that these pages contain “untruthful” claims and defamatory remarks, much like the baseless “Cease and Desist” Noveshen posted on a RipOff Report about his business. Other then reader comments, which we cannot verify, Noveshen has not identified anything untruthful on this site. The fact is every blog is based on and often features the public document upon which it is based. Proof is in the publications, many written by Noveshen himself.

Noveshen’s goal is to deprive would be investors of information. He will bully, harass, stalk and sue, anyone attempting to combat his economic crimes through exposure. He want’s this site down because it links his dozens of fraudulent activities in one easy-to-find location, ultimately shrinking his pool of potential victims to deprive of money. Operating in secrecy is the only way the “stinky pinky” penny stocks Noveshen makes a living off of thrive. If his name is publicly linked investors would run!

We issue this challenge – can someone provide the name of ONE company Eric Noveshen has been a broker/employee where he was not sued for illegal broker activities? Or fired for same? Or didn’t include in his personal bankruptcy to avoid repayment of debt? Not Roan Meyers (sued and settled for unauthorized trading, fraud, common law fraud and negligence). Not Gruntal & Co. (sued unauthorized trades) ultimately fired for violation of firm policy. Not Newbridge Securities, see Noveshen bankruptcy filing, 2005.

Is there any company Eric Noveshen has acted as a “consultant” to that is not associated with claims of kickbacks, shorting, churning, pump and dump or other stock manipulation tactics?

Is there any home Eric Noveshen has resided from 2000-2016 that has not been the subject of a foreclosure lawsuit? See Bank One Indymac v. Eric L. Noveshen 2003. Wells Fargo v. Christina Noveshen and Eric Noveshen 2003. Or property documents on 436 NE 10th Ave, 33301 and 508 Coconut Isle Dr., 33301.

Are any of Noveshen’s companies not associated with a type of fraud? Envision Capital, Bridgewater Capital, Bridgewater Advisors, HR Ventures, Envision Foods have all been linked to fraudulent activities.
There are no erroneous claims contained in these pages. If any documents are misinterpreted, with a proving of otherwise we professionally ensure correction will quickly ensue.
A warning is issued to anyone considering doing business with Eric Noveshen, loaning him money or purchasing a penny stock Noveshen is positioned to benefit from:
Any man who seeks to bury the first amendment right to talk about his business interactions because he cannot boast of legitimate success is FISHY. If it smells like a fraud and flops like a fraud throw it back and WASH YOUR HANDS CLEAN.

How Ribotsky and “The Purchaser”Kept NIR’s AJW Fund Fraud Alive

A recent blog sited a 2011 SEC complaint against the NIR Group and Corey Ribotsky. Part of the complaint stated Ribotsky “entered into a multi-million dollar transaction with the Purchaser and his entities that was clearly not in the best interest of the AJW Funds.” The complaint further states, “Prior to entering into the debenture transactions in November and December 2008, Ribotsky knew and in fact told others the Purchaser’s character and reputation for honesty were suspect.”

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There was much speculation on several investment boards that “the Purchaser” was Eric Noveshen. Ribotsky commissioned an investigation into the Purchaser’s financial condition, part of the report summary:

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From Investors Hub,  investorshub.com 

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Description of the “Purchaser” in the 2011 SEC Complaint: 

NIR Purchaser

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NIR Purchaser 3

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We wondered why would Ribotsky enter into a multi-million-dollar transaction for AJW Funds with a “Purchaser” he clearly knew was not financially sound enough to pay his own credit cards?

The SEC summed it up simply, the transaction, that was sure to fail, allowed Ribotsky to report “a “realized” gain at a critical time without his funds actually receiving any money.” In other words it allowed him to defraud AJW investors longer. We don’t know if “the Purchaser” was compensated for assisting in this act of fraud.

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SEC release 2

Speculation that the “Purchaser” was Eric Noveshen was not limited to the timing of his Edooorways deal with NIR. The SEC complaint says the Purchaser had many debts. Court records show many lawsuits were filed against Novehsen, his companies and straw buyers, for failure to pay credit cards and other obligations in 2008 and 2009, below are just a few.

American Express vs. Cheryl Wilson and Eric Noveshen filed June 2008. 

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KRGCrec vs. Eric Noveshen filed May 2009, Cypress Creek vs. Envision Cypress (Eric Noveshen’s company) filed November 2008, Citibank vs. Estelle Hartman, “interested party” and card holder Eric Noveshen filed Sept. 2009

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Wakefield Quinn Barristers & Attorneys vs. Envision Capital, Bridgewater Capital LTD (Eric Noveshen’s companies) filed in 2008

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The home he resided in went into foreclosure in 2008 as well. And his Former Wife found document’s apparently showing “clear wrong doing in the nature of mortgage fraud” likely occurred in Noveshen’s obtaining the use of that property.

Jpmorgan Chase Bank vs. Estelle Hartman (straw buyer for resident Eric Noveshen) Real Property Foreclosure filed July 2008 

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Aurora Loan Services vs. Cheryl Wilson (straw buyer for resident Eric Noveshen). Real Property Foreclosure filed April 2008 

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