James B. Gilmore: The fraudster diaries

Yesterday we discussed the so-called “International Tribunal for Natural Justice” (ITNJ), which plans to run a “Judicial Commission of Inquiry into Human Trafficking and Child Sex Abuse” in London next month. We noted that delving into this organisation was like taking a nose-dive down a never-ending rabbit-hole of crazy—which it is—and hinted that the ITNJ, its parent organisation “Humanitad”, and its puppet-master Sacha Stone seem to have been involved in some rather shady dealings.

The many lives of James B. Gilmore

Today we’re going to take a look at one of Sacha’s many associates, the late “Ambassodor-at-Large for the Republic of Liberia” (no, that’s not a typo, bear with), who also happened to hold the distinguished title of “Chairman of the Global Monetary Authority”, an august organisation which has long existed only notionally in the minds of a few economists.

As in, “We need a global monetary authority, too bad we don’t actually have one”.

Mr Ambassodor, for so he styled himself on his Facebook page, apparently popped his clogs last autumn, much to the distress of Sacha and his friends.

Here he is in happier days, at Hurlingham (which for those not in the know is a rather spiffy private club in London):

And here he is with Sacha, the Queen of Hawaii, and friends, at the rather opulent-looking Humanitad HQ in London, aka Sacha’s flat:

Yes. The Queen of Hawaii. Who knew?

We found this bio of Mr Ambassodor on Before It’s News (or BIN, as we like to call it):

James Bernard Gilmore was born in 1932, in Monrovia, Liberia, of missionary parents from Tennessee in the United States of America.  His father died shortly thereafter of Malaria, which resulted in his mother moving back to Tennessee with her newborn son. Once back in America his mother registered James as a US citizen in the state of Tennessee.

Ambassador Gilmore has lived in many places from Nashville, Chicago, Atlanta, San Francisco, Zurich, Geneva (Switzerland), Freetown (Sierra Leone), West Germany during the “cold-war” and London.  From 1996 until 2001, he was a diplomatic representative to the Republic of Sierra Leone as official Trade Negotiator.

Since December 2005, Ambassador Gilmore has represented the Republic of Liberia as Ambassador-at-Large for and on behalf of the Republic, with the remit to seek out commercial relationships and opportunities.

Gilmore’s profession from the 1990s was based in both finance and economics. He has worked with clients of varying definitions to include Royalty, politicians, MI5, MI6, Mossad, and the CIA.  He was granted a Top Secret clearance by the U.S. Army in his position as deputy head of M-3 (intelligence) of the world’s first Atomic Artillery organization.

It goes on (and on) but you get the idea.

Despite living such a demonstrably full and busy life, apparently Mr Ambassodor somehow managed to squeeze out time to write a five-volume series of books, titled The Bankster Diaries, comprising a prolonged treatise on all that is wrong with the modern banking system…with side trips into things like U.S. President Eisenhower’s alleged treaty with aliens (don’t ask).

And Mr Ambassodor would have good reason to bear a bit of a grudge against the financial and securities system, given some of his past dealings.

If it sounds too good to be true…

In 1992, the U.S. Securities Exchange Commission had its beady eye on James B. Gilmore, who along with Sam S. Brown Jr had been running a complex and highly profitable multi-layered investment fraud based in Atlanta, Georgia.

According to Bloomberg at the time, “thousands of gullible U.S. investors have been conned by one of the most outlandish scams in the history of get-rich-quick schemes”:

[T]he scheme was hatched early in 1989. That’s when Sam S. Brown Jr., a onetime oil promoter, met in Luxembourg with Leslie W. Chorlton, a British businessman. In Atlanta, Brown formed SBC Chorco Inc. and allegedly solicited funds from investors to finance Chorlton’s efforts to free up an $800 billion fortune that Chorlton purportedly had amassed by facilitating the trading of commercial paper among European banks.

Mr Brown raised an estimated $1.2 million from investors. He also attempted to raise money fraudulently so that he could pay a $75 billion bribe to a nonexistent “Swiss Banking Commission” which he claimed would enable him to gain access to the Chorlton fortune.

Meanwhile,

James B. Gilmore began trying to convince many of Brown’s original investors that Chorlton and Brown had engineered a secret side deal to cut them out. Gilmore raised more than $2 million to fund a European investigation by selling unregistered securities, dubbed “war chest receipts,” to more than 1,000 new and existing investors, said the SEC. The investors, many of whom were recruited at fundamentalist churches, were dazzled by promises of $25 million for each $1,000 invested. 

Things got even nastier, though, when Mr Chorlton and his wife were found strangled to death in July 1991, in what the police described as “mob-style killings”. This served to cement the paranoia which Mr Gilmore had been fomenting.

As if that weren’t enough,

Gilmore then told his investors, who may have become impatient, that he had located the Chorlton estate’s fortune–which he said now totaled $1.5 trillion–and that he had obtained a court order requiring the banks holding the funds to disburse them to Gilmore. In fact, the SEC said, the Scottish lawyer who conducted the investigation for Gilmore found that the estate was worth no more than $350,000.

On top of all this, Mr Gilmore began selling unregistered shares in International Trading Inc. (ITI), described in literature he produced as a Liberian gold and diamond trading firm. [Must be how he got the ambassodor-ship—Ed.] He priced the original shares at US$100, and would be redeemable the following April for US$200,000…once the Chorlton funds were obtained.

Once the SEC was onto him, Mr Gilmore wasted no time in trundling off to Europe, from whence he began redistributing some of his ill-gotten gains.

Like father, like daughter?

Five years later, Mr Gilmore’s daughter Mary was convicted in Wyoming, along with five others, for her role in “an investment pool similar to the Chorco scheme”, according to the Atlanta Business Chronicle.

The six convicted in Wyoming each face up to 25 years in prison for conspiracy to engage in money laundering. James Gilmore, indicted on money laundering charges last February, could be extradited to Wyoming from the United Kingdom in 1997 to face similar charges. …

By the time the scheme spread West, the $1.5 trillion fortune originally pledged to Atlanta investors had ballooned to a $157 trillion windfall pledged to about 66 Wyoming investors. During a seven-week trial in December, prosecutors brought in Federal Reserve experts to explain that all the money in the world wouldn’t add up to $157 trillion.

“The scam just kept finding its way west, popping up all over the place,” said L. Robert Murray, an assistant U.S. attorney who prosecuted the case. “As the story went on, the payoff had to get better and better to keep attracting victims.”

Originally orchestrated in Atlanta, the bizarre European treasure hunt was the buzz of Atlanta’s real estate and banking communities in the early 1990s. James Gilmore and other fund-raisers convinced convention hall crowds to pool their money in a bid to unlock a fortune amassed by former SBC Chorco Chairman and British businessman Leslie Chorlton.

Since 1981, about 3,000 unsuspecting investors across the country have not collected any returns. James Gilmore and his associates promised them returns as hefty as $25 million for just a $1,000 investment, according to federal authorities. The Chorlton fortune — purportedly linked to funds held by the CIA, the Mafia and the Vatican — has not been released.

So while Dad was off in Europe living off his ill-gotten gains, Mary took the heat.

It would appear that the author of The Bankster Diaries, described as “a definitive exposé on the sheer criminality of our global governance” has a rather unique perspective on criminality, at least.