|-- Self-obsessed Mayor GemCoins still claiming it is all a political plot to get him (video link). --|
The word on the streets is defrauded GemCoin investors will be in attendance at the Arcadia City Council meeting Tuesday evening. As the following Fox 11 News story relates, 10s of thousands of GemCoin investors were collectively bilked out of $160,000,000 worldwide, a massive sum of money by anyone's account. All done by an international Ponzi operation that was both run out of Arcadia and legitimized by the reassuring presence of one of Birdtown's most senior local government elected officials, Councilmember John "GemCoins" Wuo.
And this all happened while the City of Arcadia did absolutely nothing.
These horribly defrauded people want to let the City of Arcadia know how they were misled and cheated by one of its most senior leaders. The question that many of them feel must be answered: "Is the continued silence at Arcadia City Hall an act of complicity? Is the city defending John Wuo?"
The following video was prepared by Save the Arcadia Highlands. It easily lays waste to Wuo's claims that he knows nothing about GemCoins.
|Video link here.|
Here is my question for the day. Out of that $160 million dollars stolen from GemCoin investors, how much of it was used to build McMansions in Arcadia?