WHO IS TED GATZAROS?

Greektown businessmen Ted Gatzaros and Jim Papas conspired... with a Maryland businessman to bilk the federal government in a multimillion-dollar loan scheme, a federal prosecutor said in court papers Wednesday.

The government alleges that Gatzaros and Papas defaulted on loans in the early 1990s, then paid a Maryland businessman, William Schainker, to illegally acquire the defaulted loans at a large discount at a federal auction. Schainker then transferred the notes to Gatzaros and Papas, the government said. It said the plan was designed to clean up Gatzaros' and Papas' financial problems ... LINK HERE


Businessman pleads guilty to illegal loan buyback... William Schainker, 59, a Maryland businessman, pleaded guilty in U.S. District Court in Detroit to helping Greektown Casino founders Ted Gatzaros and Jim Papas repurchase loans Papas and Gatzaros had defaulted on.
LINK HERE


Man fined in loan scheme with ex-Greektown Casino figures - 2004-12-02... A federal judge has leveled a fine against a Maryland businessman and placed him on two years' probation for defrauding the federal government. This is in connection with loans to former Greektown Casino figures Ted Gatzaros and James Papas.

U.S. District Judge George Steeh on Wednesday accepted a prosecutor's request that William Schainker, 61, of Chevy Chase be spared imprisonment because of his help with the investigation.

Lynne Weaver

Aaron Payment Addresses a Fullhouse

Sault Ste. Marie, Mi...Citizen Aaron Payment spoke to a full house at the Pizza Hut here in the Soo last night. A broad cross section of the Sault Tribe membership is alarmed over what has become known as another Greek Giveaway.

The Boushor, Causley, McCoy faction has cooked up yet another scheme to make itself rich..at the individual tribal members expense. They want their Detroit millionaire friend Gatzeros to make off with still another handout...to include the likelihood of there being something in it for them.

Altogether these three directors...along with Rickley and Hollowell... want to giveaway 26% of the gross revenue of the proposed casino in Romulus, Michigan with no Greek money to be invested. Reminding members of the Detroit Greektown disaster...wherein the Greeks made off with a 50% ownership...and a hundred and ninety-five million after investing a mere twenty-five thousand.

The audience at Pizza Hut was eager to hear the message which was expertly delivered by former chairman Payment...that members have until the 8Th of December to get their hands onto a petition and put their signatures on it and get the forms back to him in order for them to have a referendum on whether the tribe should proceed with still another disastrous Greek deal...remember the barge....or stop this one cold in its tracks before it's too late and the tribe gets sold down the creek again...or whether the tribe should seek a much better deal with still some other millionaire eager to strike a deal with it on much more favorable terms... or if the tribe should simply proceed forward on its own and show some backbone and confidence and imagination and build its own casino in Romulus...something on the order of what the Bay Mills Indian Community has done near the Northern Lower Michignan town of Vanderbilt.
Petition (( DOWNLOAD HERE ))
Thank you, Charles Forgrave

EMERGENCY BOARD MEETING....quick

The Board members that conspired to get this casino / developer deal through, should do some damage control and have an emergency Board meeting to revise the agreement to a more acceptable range. Otherwise, the referendum effort will show the Sault Tribe citizens that they really can do something to make change in their government.

There is a danger that the Sault Tribe citizens will gain strength and confidence in their ability to stop the conspiracy.

They could mobilize and become active.

It could lead to other unwelcome participation by the membership.

Why, they might start demanding that their elected representatives start working for the interest of the membership.

They might start telling their representatives what they want from their government

This could get out of hand.

They might even even try to get the "drafted constitution" into law.

This could spell the end of the Bouschor reign.

A word to the wise. reverse the resolution. Ask for membership input. Govern according to the wishes of the membership.

R Janetos

Corruption / Sleaze / Kickbacks

Sault Ste. Marie, Mi...Tribal members have to resent what the wealthy Detroit businessman, Mr. Gatzaros, has done. He's called a member of their tribe and tried to bribe him to use his influence over their board...to get it to vote for a casino in Romulus, Michigan.

Mr. Gatzaros, along with Detroit businessman Mr. Gerald Campbell, also wealthy, made proposals to the Sault Tribe offering their influence with the State of Michigan and the City of Detroit...and Romulus,Michigan...for approval of and the development of a casino in the vicinity of the Detroit Metro Airport.

The tribal board accepted their last offer (on a tie vote broken by Chairman McCoy) for 26% ownership of the new casino in exchange for their influence. With the kicker here being that these wealthy Detroit businessmen aren't putting up any of their own money, not a penny of it. Still on the deal they struck with the tribe, for every $ 100,000,000 the proposed casino grosses they will get $ 26,000,000 of it.

Consider for a moment: the huge difference between 26% of a businesses net profit and 26% of its gross profit...huge is putting it mildly. This deal has a familiar ring to it...remember Greektown? Mr. Garzaros loved that deal. While he put up $25,000.00 of his own money, he made off with $70,000,000, a decent return on any investment. Is there any wonder he's back again...

Mr. Campbell's original proposal to the tribal board was for 28%. One of the board members leaked it out to Mr. Gatzaros and he made a counter proposal of 18%, undercutting the proposal by 10%. Later on and subsequent to one maneuver or the other, each of them ended up with 13% of the proposed casino's gross profits.

So now they're partners in crime. After all, bribery is a felony offense. Certainly the state's Attorney General's Office would see it like that. What about Mr. Ken Ermatinger, one of our very own who sits on the Michigan Gaming Control Board;that board will have a dim view of it, not to mention the F.B.I., who has always had a watchful eye on the gaming world.

Isn't it time to rid the tribe of director Boushor along with his sleazy buddies Mr. Gatzaros and Mr. Campbell. Isn't enough enough when it comes to these three? Think of sleaze in the tribe and who do you think of...yes, two of the above, and now Mr. Campbell the billionaire, making it three.

The tribe really needs to get rid of director Boushor. Get rid of him and the largest part of the sleaze element affecting the tribe will be gone. His latest triumph, successfully manipulating the legal system and getting away with stealing S2,600,000 of the membership's money, straight out of the operating budget, should be the last straw for him.

The director is corrupt. He's become a lightening rod of dissension in the tribe. His simple presence on the board is now a huge deficit for the tribe. He really needs to go...and take his corrupted buddies with him.

This whole affair begs the question...are all the Injuns' on the Sault Tribe's tribal board honest? You be the judge.

Thank you, Charles Forgrave

Editors Note:
For those who may be unclear of the difference between net profit and gross profit the simple explanation is this:
Your paycheck (gross profit) minus your bills (net profit) = the amount you have left to put into savings or spend as you like. Imagine that you made a deal to give your landlord 26%, or more than 1/4 of your paycheck (your gross profit) even if you received lots of overtime pay or earned an extra bonus or commission. Would you give your landlord 1/4 of your extra pay you earned along with your regular rent payment?

Do you give your bank 1/4 of any extra pay you receive for your mortgage payment just because you like them so much? Kind of stupid isn't it?! What kind of stupid board members and tribal chairman would agree to such B.S.? Dumber than a box of rocks stupid ones...that's who with Bernard Bouschor at the top of the pile!
Lynne Weaver

Half of the Board said,"NO"

That suggests that it might be prudent to take a second look at this proposal.
Half of the Board of Directors............( Who are anxious to create financial stability ) voted "NO".
We know that Bouschor, McCoy and Gatzaros were meeting,prior to this announcement.

So much for a "sunshine law".

Take part in shaping the tribe's future
Get the petition !
Sign it !

Petition (( DOWNLOAD HERE ))

See that others get it and sign it.
Support the effort to stop this resolution.
Tell the Greeks to go home!!!

Then call you representative and ask them to enact a "Sunshine Law".
Then, ask your representative to submit a "Whistle Blower" resolution.
Then, ask them to resubmit the "drafted constitution" for a vote.
Then, ask them to remove Bouschor from his illegal Unit 1 position

We know that half of the Board will say "YES
R Janetos

HAVE A HAPPY AND SAFE THANKSGIVING

VOTES FOR SALE

Sault Ste. Marie, Mi...Big business developments bring with them the possibility of corruption. Politicians sitting on votes worth millions to businessmen get big dollars for them.

Sometimes the number of dollars involved make the offers unbelievable. They're so big the membership can't wrap its mind around them. Like the Holocaust where the facts were so horrible people that refused to believe them. Or the lies of fascism that had to be true because they were so big and the government had made them.

Reports of influential tribal members receiving offers for their support have surfaced recently. The board was against a casino in Romulus for a long time. Then two wealthy Detroit businessmen competed to develop a tribal casino there and now...in spite of hugely unfavorable terms...the board has voted for it...

...giving rise to rumors of votes being for sale.

Thank you, Charles Forgrave

BOUSCHOR GIVES AWAY 26% OF A ROMULUS CASINO!

From Aaron Payment
No money down!

TRIBAL MEMBERS UNITE - EXERCISE YOUR CONSTITUTIONAL

RIGHT OF REFERENDUM!

Whether you support a Romulus Casino or not, giving away 26% ownership is just plain stupid! Per the 1988 Indian Gaming Regulatory Act and the 1997 Land Claims Settlement Act, the Sault Tribe has a theoretical opportunity to open a casino in Romulus. Instead of the current deal, however, the Sault Tribe should be able to command that any developer put up the development and construction costs, and be rewarded with no more than 10% for five years only.

Referendum Petition (( DOWNLOAD HERE ))

Deadline: We have 30 days from enactment on November 9th which puts our deadline to receive signed petitions by say December 6th in order to process the petitions for submittal.


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Sault Ste. Marie, Mi....

Good Evening;

This is an important referendum. The only ones who made any real money off Greektown were the Greeks and Bouchour. Let's not let it happen again. Be sure to get you name on this referendum and put a stop to it before it's too late. They want another big financial deal in Detroit in the hopes of reaping another big payoff for themselves. Neither of them have any money of their own in this deal. The same as it was with Greektown, they have nothing to lose and everything to gain...just from consumating the transaction itself. The casino can fail and they will still make out...as they did with Greektown. The only ones with something to lose are you, the individual tribal member. Because it's your money they want to invest.

Please say no to them...

Thank you, Charles Forgrave

On Tuesday - November 9, 2010, a simple majority of the Tribal Board of Directors voted to give-a-way 26% ownership of a possible casino near Romulus to "The Greek" Ted Gatzaros and a business partner.

Comments

Sault Tribe resolution link

Bouschor Repeats "One last Lie"

Bouschor secretly crafted a plan to pay off his political promise.
He did not communicate, with the governing body, his plan to fire "key" legal department and administrative employees.
He did not communicate to the Board of Directors that 2.66 million dollars would be
withdrawn from tribal accounts in such a stealth like manner and without their approval.
Bouschor assumed that Mr Payment would fire his political henchmen, yet, no one was
ever fired during the Payment term.
Bouschor said that he "acted in the best interest of the tribe"....HOW?
Bouschor had created an "us against Payment" mentality with his "key employees".
They didn't want to work under Chairman Payment because they would then have to be accountable.
Through political maneuvering, Bouschor managed to delay justice.
He has managed to keep the Sault Tribe citizens from enjoying equal protection under the law.
The entire Bouschor era was given a free pass by the Board of Directors, especially the long term members.
Again
Bouschor said that he "acted in the best interest of the tribe"....HOW?
R Janetos

The High Road...Not Yet

Cathy Hollowell is sick and tired of hearing from those, people that elected her, that want justice.
She is the enlightened one, after all, and wants to suggest taking a higher road.
She knows that this hatred toward Bouschor and all of the others that supported or took part in the theft of tribal resources has been festering for two decades.
She is aware of the criminal behavior, abuse of power, mismanagement and blatant greed that has been the backbone of the Bouschor era, as well.
She understands that there has never been any protections for the membership against such behavior and it has cause great harm, yet, she wants the citizens to just wipe it out of their minds.
She suggest that everyone just move on.
.
To do so would be to ignore the injustices that have caused so much.pain and suffering
Would that be enlightened leadership or a travesty?
Closure requires validation of the wrong that has been done.
Closure requires justice.
Her guidance toward healing should include the condemnation as well as exhausting all legal remedy.
She should take the lead on putting the "drafted constitution" into law .
Then, let's discuss the spiritual road to healing.

This writer prefers to remain anonymous.

Cause for Removal of Bernard Bouschor

The tribe has no statute of limitations, so is there cause for removal of Bernard Bouschor for exceeding the legal limits of campaign spending as well as his efforts to conceal the overspending? See File

See the attached links: Deposition and testimony regarding campaign fraud and violation of campaign spending limits.

Tribal prosecutor...members request that you do your duty in regards to the campaign fraud that can be substantiated by testimony in a court of law.

Hmmm...Tribal Whistle Blowing Act?

Protect your tribal job

Hear NO corruption
See NO corruption
Speak NO corruption

Look the other way

But.....At what cost, to your self esteem?

A whistle blower protection policy would have saved the tribe millions.
Maybe, hundreds of millions.

Ask your Unit Directors to create this policy !
Find out which ones don't want it.

R Janetos

MARY CULLEN...ADDITIONAL TIME REQUIRED

Could the Feds be seeking more info in order to pursue other charges?
Click Here

Character Reference for Fred Paquin

Would anyone like to send a rebuttal to the judge regarding the attached character reference for Fred Paquin? James Bishop considers Fred Paquin who embezzled thousands from the members of the Sault Tribe to be a "vital pillar.." in the St. Ignace community.

Doesn't Mr. Bishop realize that the generosity of Paquin was at least partially funded by his embezzling activities? If you steal and give a portion of it away does that make it right?

Not only did he steal from us but many complained that he threatened and harassed those who were aware of many of his indiscretions. The address to the judge is provided in the link. Please take the time to send the judge a short note of your own. Let's put at least one crook in prison where he belongs.

Paquin Sentencing

The date for Fred Paquin's sentencing has been moved to December 15, 2010.
Link Here