Geoffrey John Busch- Florida- 2007 Mar 30, 2019 15:43:49 GMT -5
Post by Scumhunter on Mar 30, 2019 15:43:49 GMT -5
(Above photo credit: fbi.gov website)
Fugitive Profile as of March 30th, 2019: (Based on fbi.gov wanted poster)
Date(s) of Birth Used: August 23, 1947
Place of Birth: Sydney, Australia
Weight: 180 pounds
Remarks: Busch is believed to be residing in Australia.
TIPS: If you have any information concerning this person, please contact your local FBI office or the nearest American Embassy or Consulate. Anonymous tips can also be submitted to the FBI at tips.fbi.gov
From the fbi.gov website:
Geoffrey John Busch is wanted for his alleged involvement in a scheme meant to defraud victim investors in Fort Lauderdale, Florida, from in or about September of 2002, through in or about early 2006. The object of the conspiracy and scheme to defraud was to have the victim investors send money for "leased funds" to be placed in non-existent bank accounts which could be used in high-yield trading programs that could generate huge returns; divert all of the victim investor funds for Busch's own benefit; and perpetuate the scheme by continuing to misrepresent to victim investors that their investments were safe and that they had access to the funds in the created accounts. Busch's alleged misrepresentations and false documents caused the victim investors to wire transfer funds to banks in the Bahamas. He then allegedly failed to obtain leased funds, earn profits for any of the victim investors, or return the transferred funds to the victim investors. When the victim investors sought a refund of their funds, Busch allegedly claimed that it was the victim investors' fault that their money was not placed into a successful trade. In the course of the scheme, Busch allegedly obtained over $12 million in proceeds from victim investors.
Busch was indicted in the United States District Court, Southern District of Florida, Fort Lauderdale, Florida, and a federal warrant was issued for his arrest on December 18, 2007, after he was charged with conspiracy to commit wire fraud, wire fraud, and money laundering.
Thoughts? Busch was added to the FBI's white collar crimes fugitives section of their website earlier in the week. And as of this posting date (3/30/2019), Busch is still listed as an at-large fugitive on that site.
It seems he is possibly in Australia. Even though Australia is a developed first world country and continent that the U.S. generally has a good relationship with, it's always trickier sending back fugitives who are natives but hopefully the FBI publicity will help.
I hope (if there) Australia extradites Busch alone on the fact his last name is Busch when it should be Foster.
(Sorry, but hopefully for the sake of the people Busch allegedly conned he is caught).
Admin Note: If you have any news-related updates on this case, please contact us here: amwfans.com/thread/1662/website-contact-form