Tuesday, June 29, 2010

John Garcia Confesses to the Court He Lied

If you read all of the lawsuits and what the court has ruled, it is clear that John Garcia is guilty of fraud and breach of contract. He has been sued by investors, partners, American Express and the Mercedes-Benz Finance Company.

Read the Cover to the Lawsuit filed by Bryant/Camber

Read the Robert Heaton Declaration in preparation for the trial.


Read the Camber Declaration in preparation for the trial.

Read Garcia's dismissal of his counter suit against Bryant/Camber.

Read the Bryant/Camber Request for Admissions in preparation for a trial.

Read Garcia's response to the Request for Admissions
and see for yourself that he goes on the record "under penalty of perjury under the laws of the State of California," and admitted that he lied to Bryant/Camber (and many others interviewed for this blog). He admitted that he never invested in Angel Strategies himself, he never had even one single investor at the $1 million level, that Angel Strategies was never profitable and that no investor ever received any form of profit from Angel Strategies. With these admissions now on the record and with discovery that points to the fact that Garcia cannot pay out on a judgment, Bryant/Camber dismissed their lawsuit. They tell us, "We are tired of paying attorneys and we are confident Garcia has no money for us to recover. We have what we want. We have Garcia on the record admitting that he lied to us and every other person we have talked with regarding their experience with him."

Read the lawsuit filed by Garcia partners.

Read the lawsuit filed by an investor.

Read the judgment won by an investor.

Read the lawsuit filed by American Express.

Read the judgment against Garcia and for American Express.

Read the lawsuit filed by Mercedes Finance.

Here's a reminder to all of the scam John Garcia was running before the law caught up with him. Angel Strategies website before Garcia was caught. In earlier blog entries find more links to the web site Garcia used to prop up his lies. This is an example of how the web can be used to facilitate fraud.