Robert Lorsch, CEO of My Medical Records, spoke with MoneyTV about Russell and Taylor Armstrong’s involvement with MMR.
Bob Lorsch states that Shana is NOT the innocent Housewife that she attempts to portray on the Real Housewives of Beverly Hills, but was an actively involved in MMR financial dealings and has deposited money in offshore accounts.
From OTC Showcase:
Once again, it is pertinent to note that at this time MyMedicalRecords.com was not a public company. The company did not become public until 2009 after MMRGlobal went public via reverse merger with Favrille, Inc. All of the actions in the lawsuit transpired in association with the private MyMedicalRecords.com.
Mr. Wiltgen, who is currently designing a palace in Lagos, Nigeria, took the time to speak with us and was extremely cordial and candid in our conversation about his feelings regarding the lawsuit, Russell and Taylor Armstrong, Bob Lorsch and MyMedicalRecords.com. Setting the stage, John explained that he met Russell around Christmas in 2005 through associates in Chicago while the Armstrongs were raising money for MyMedicalRecords.com.
He explained that Russell was extremely convincing and spoke of the investment as, in his words, “a guaranteed, quick return on an investment.” Interestingly enough, John commented on Taylor Armstrong and allegations that she sometimes portrayed herself as a member of the Ford Motor Company family in saying, “Taylor definitely presented herself to me as a descendent of the Ford family,” adding some credence to contentions that she did indeed sometimes behave in that manner. Convinced on the investment, Mr. Wiltgen invested in both the U.S. and Australian versions of MyMedicalRecords.com and gave $25,000 for the U.S. company investment for which he was given 12,500 shares of MyMedicalRecords.com. At a separate time, Russell negotiated a deal with Wiltgen for the purchase of 100,000 shares of NDS (which would one day be convertible to shares of MyMedicalRecords.com) for $45,000.
He explained that Russell had a sick friend who really need the money and that he would be buying-out that person’s investment, although he was instructed to make the check directly to Russell. Eventually, Wiltgen received the converted shares of MyMedicalRecords.com (which converted to 71,294 shares).
According to Wiltgen, Taylor, Russell and John met on several occasions to discuss how the investment was going including John being a guest of the Armstrongs in their suite at the Grammy Awards. Wiltgen said that he was told all was going very well.
Continue reading… here.
I still cannot imagine how anyone could falsely claim to be a member of the Ford family. One would have to be capable of lying far beyond comprehension of an honest, normal person. How can Bravo, her cast mates, the publisher of her books, any legitimate charity, Dr. Phil, anyone allow this alleged scammer? Why hasn’t this been asked of her on WWHL or any reunion shows? These are not secret allegations.
Well, in answer to your question every time someone asks her anything she lies. When Dr.Phil brought up the Ford stuff (maybe it was just all the name changes) she said that she chose the name Ford because of her admiration for Tom Ford, the designer. (But how odd that on her bio info introducing her when the show was just starting, it stated that she was related to the famous Ford family).
I wonder about her past before Russell and what was she up to, until age 34, when they met.
I wonder if shaft told russell she was a ford… And he thought it was true the whole time.
I’m sure I read in a recent post from MS Taylor portrayed to Russel that she was part of the Ford family when she met him.
Cyn: Anything re Shana/Shaft Taylor Armstrong can be found on SH. Just do a search… there are 237 posts on her. I’ve been reporting on her since BEFORE RHOBH aired.
Who or what is MS?? TFC! SH
Sorry, haven’t had my coffee yet. It was in the post about Russell children and his Exes right? Earlier in the week?
Yes, the famous “Fords of OKLAHOMA”, I’m sure everyone has heard of them.
Maybe that was part of their screening for possible stooges to con. If they fell for that, R&T knew they could make them believe anything they said.
Wow you guys are late, saw that right after Russells suicide. I though you guys posted before cause I usally find everything here. But im glad people will see the truth that we already know. I feel bad for Kennedy she will need serious help in her life.
viv: You must be new to SH… SH covered this way back… this post is simply here as a reminder.
Perhaps YOU haven’t seen the latest info:
December 12: http://stoopidhousewives.com/2011/12/12/real-housewives-of-beverly-hills-shanalynettehughessipestaylorfordarmstrong/
December 6: http://stoopidhousewives.com/2011/12/06/real-housewives-of-beverly-hills-shanalynettehughestaylorfordarmstrong-taylor-armstrong-and-bravo-get-russell-off-rhobh/ and http://stoopidhousewives.com/2011/12/06/real-housewives-of-beverly-hills-taylor-armstrong-i-dont-feel-abused-video/
September 15: http://stoopidhousewives.com/2011/09/15/real-housewives-of-beverly-hills-taylor-armstrong-the-truth-is-leaking-out/
OH, there’s MORE… MUCH MORE. Just do a search for “Shana”… you’ll have weeks of reading. So, “late?” Hardly.
SH
Yeah i knew i couldnt be the only who saw it !! thanks for the links and info and Shana .,
nice scoop
Is it just me or is one of the bones in her neck crazy protruding on the left side of her body in that last pic???!
No, that is just the way her hair curls there, it is like an optical illusion. She still has a horrid looking neck with her trachea bulging in the mid-line. Does anyone else think that looks like a bad wig on her head?
It really looks like her neck is about to give birth to an alien. And she does look like she has on one of Kim’s three-toned hairpieces.
great link …
this is one character who i wish would get served ..
exploiting the dead & father of her only child proves that she is beyond ruthless & despicable…..
had to stop watching after the ‘russell ‘tragedy ..
can’t even believe bravo still has her on the show …
IRS hopefully will catch up to her ..
If there is off shore money Taylor would be stupid not to just pay the money and stop the investigation. If I were Russel’s Ex I would drop a dime to the IRS. Did you know you get a reward if they find fraud money. It’s so much cheaper than hiring and accounting firm to chase down the money and the IRS has much better resources.
Russell and Taylor are both scammers. I don’t see Russell as innocent in all this just because he committed suicide. It is tragic for Kennedy that he did so but he hardly is clean in all the grifting the two of them did and she continues to do. Taylor thinks everyone will believe every lie out of her mouth, probably because she has been doing it for so long and knows no other way to function. People always gravitate to the familiar.
Man! That guy was so boring to listen to………zzzzzzzzzzzzzzzzzzzzz
Um… I am so not an expert on these things, but I would definitely pause if a financier requested that I make a check out to him/her personally rather than a company… I’m starting to feel less sorry for the people Russel scammed!
That’s what I’m stressin! So which is he the cunning linguist or the master debater?
C – None of the above!
So where was I when those richy richardsons were just handin over their millions….?
You are right. Why wouldn’t that be a red flag? Although, I know a hand full of people who have made some really questionable financial decisions. So, I won’t judge (too hard).
wow, i thought she couldn’t get any nastier or low and here she goes. i knew they were both scammers, but i had no idea about the house and all. must piss the people they scammed off to see the 60 grand birthday parties for a child and all. how do people like them look themselves in the mirror every day? the truth is catching up to her and how bravo can keep her on the air and on the show is beyond me.
Tough times for investors. You can’t trust the big firms and you can’t trust the small boutiques. My advice – invest in yourself or your own ideas. And never, ever believe someone who says that you’ll get a guaranteed quick return. Ever. In fact, the minute you hear the word “guaranteed” just turn around and walk away.
Both of them were scam artists.
Karen: No doubt that Russell was also a scammer. It is truly a shame that Russell made the final decision re his life. However, since his death, Shana can simply say whatever she wants… who’s going to prove otherwise re anything she says?? TFC!! SH
In Vancouver in the late 1960s I worked for several companies involved in the stock market, mining companies and the promotion of penny stocks. It was an eye opening experience for the very young and rather naive girl I was at the time. It was simply amazing to listen to these guys cold calling people all over North America spinning their tales of deception in order to sell shares. It was clear they were appealing to the greedy nature of these suckers who are born every minute and who are quite willing to suspend their better judgement in the hopes of making a quick buck. It is hard to feel sorry for people like that and, in most cases, because of that early experience I had, I am generally not sympathetic.
It’s one thing if its the greed factor, but when you got young guys working the broiler rooms bilking elderly widows out of every penny because that young man, talked so nice, looked just like her grandson she hasn’t seen in years, and promised to watch out for her interest just like his grandma who invested in this company too. That turns my stomach, but if it’s someone that knows the deal and think that the small investment of a few thousand is gonna bring tens of thousands, it ain’t gonna happen. Penny stocks, especially in the mid to late 80′s were notorious for misleading people. I started investing in penny stocks to get a feel for it, but I did a ton on research and it was still hit or miss. It’s one thing investing a couple hundred, that I saved from my after school job, to conning a person who is a friend socially and trusts them to steer them in the right direction. I don’t know, to me, it seems like all these housewives in all of the shows are running cons, but then that is how the rich become rich, that is if they aren’t born into it. Me, I rather be poor compared to these people, at least I can look myself in the mirror and sleep at night knowing I didn’t hurt someone with my greed. The housewives, I watched all but Atlanta, can’t stand NeNe, so I don’t bother, and Top Chef are the only reality t.v. I watch, and maybe because I know what a struggle it is to live in today’s economy, the show(s) have lost it’s appeal to me. Especially the Beverly Hillbillies, I mean Beverly Hills bunch, is it me or it’s just so in your face, with the over the top crap they buy. This season with O.C., Beverly Hills, New York, and Jersey, I keep thinking how many kids that purse, or pair of boots could feed. I know killjoy, but it bothers me, I know some do charities. I guess because most of the housewives, except Beverly Hills and New York, are so over their head in debt. They keep buying crap they can’t afford, or try to get free stuff because the are “reality stars”, or we see already extremely wealthy neighbors snip at each other over getting her families hotel free advertising.